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Live · checking for new flashes
Tue 3 Nov
Dormant whale sells $8.18m in ether and Bitcoin assets during drop, analyst says
On-chain analyst Ai Yi says a whale that had been inactive for 22 days redeemed assets from Compound during a morning decline and sold 1,470 ETH ($3.31m) plus 63.46 WBTC and cbBTC ($4.87m) on-chain, a total of $8.18m.
IMPBinance says it will resume withdrawals in phases across several networks
Binance said withdrawals for more assets reopen in phases from 04:00 UTC on 3 Nov across networks including BSC, ETH, SOL, XRP, TRON, Arbitrum, Optimism and Base. It said it will bear all economic losses from the security incident and not pass them to users.
Hyperliquid whale holds $147m in 10x leveraged oil longs, down $954,900
A Hyperliquid whale bought about $51.8m of Brent crude longs, lifting its Brent position by about 130.5% to 868,800 contracts at an average of $104.05. Its two 10x cross-margin longs are worth about $147m and show a combined unrealised loss of about $954,900.
AAOI falls 10.6% in 24 hours to $63.72
AAOI fell 10.6% over 24 hours and was trading at $63.72, according to MSX.COM data.
Bitget adds perpetual contracts on Cheniere Energy and Altria shares
Bitget has listed perpetual contracts on Cheniere Energy (LNG) and Altria (MO) shares, settled in USDT with up to 20x leverage and 24/7 trading. The exchange now supports 394 stock contract underlyings.
Previous related news
- Bitget lists perpetual contracts on Pfizer, Fortinet and Brazil small-cap ETF
- Bitget lists perpetual contracts on Hon Hai and MediaTek Taiwan stocks
- Bitget lists perpetual futures on eight Taiwanese stocks including TSMC
Extended sets XTEN tokenomics with 30% airdrop unlocked at TGE
Extended said its XTEN token will have a maximum supply of 1bn, with 300m (30%) for a community airdrop fully unlocked at TGE, including 17,384,355 XTEN corresponding to rewards its internal market-making unit earned through the points programme. Only 30% of the airdrop will circulate at TGE; the date and claim window will be announced later.
Hong Kong SFC's Christina Ng says tokenised gold ETF may be next pilot
Christina Ng of the Hong Kong SFC said an Innovation Pathway will link tokenised funds with digital money, and a tokenised gold ETF may be the next pilot. Hong Kong has 17 approved tokenised retail products with $1.3bn in assets.
Yu Jin says whale loses $5.84m on ZEC spot and futures longs
On-chain analyst Yu Jin says a whale that went long ZEC in spot and futures has lost $5.84m as the token fell 9%. It bought 25,002 ZEC for $31.8m at an average of $1,271 and was stopped out on a Hyperliquid long at $1,378.
North Korea denies link to last year's Bybit hack and accuses US of misleading
North Korea has denied involvement in last year's Bybit hack and accused the US of misleading world opinion, KCNA reported. It also said the US had announced the seizure of stolen crypto assets for a national strategic reserve.
Meta's chief AI officer discusses how Muse was built
Meta's chief AI officer discussed the making of Muse, saying most people care about what research does for them rather than the research itself, and that unreliable experiences make a product feel worthless. He described Muse arranging a document pickup and delivery end to end for a user.
Crypto sectors fall across the board as AI tokens drop 4.71% and Bitcoin slips below $77,000
Every crypto sector fell over 24 hours, with the AI sector down 4.71%, Akedo down 33.19% and Quack AI down 9.04%, according to SoSoValue data. Bitcoin fell 1.68% and slipped below $77,000 intraday, while ether dropped 1.44% to below $2,300.
Monad prediction market CRSHMARKET raises $3.5m seed round
CRSHMARKET, a live-streaming prediction market on Monad, has closed a $3.5m seed round led by 6th Man Ventures, with Reciprocal Ventures, Lattice Fund and Starting Line taking part. Viewers predict what happens next in gaming and real-life streams, with markets settling within 60 seconds.
Zcash's Sean Bowe says Tachyon design could reach 50,000 TPS with quantum defence
Zcash co-founder Sean Bowe and Tachyon researcher Dev Ojha outlined a design that folds millions of proofs into a single zero-knowledge proof, pushing throughput to 100 MB/s and 50,000 TPS with quantum-resistant defences. They argue cryptographic privacy is the last line of defence against surveillance and censorship.
OKX's Star says security is the exchange's first lifeline
OKX founder and CEO Star said the exchange has treated security and customer asset protection as its first lifeline over 13 years. He said his team has been working intensively since the recent Binance security incident as a warning to the whole industry.
South Korea ruling party lawmakers to propose delay to virtual asset tax
South Korean ruling party lawmakers on the National Assembly's finance committee will recommend to party leadership that the virtual asset tax planned for next year be postponed, with Representative Oh Ki-hyung saying most favour about two more years of preparation. A basic digital asset law due in the first half of next year could also change the tax system.
Previous related news
- South Korea to tax offshore US stock perpetual futures profits at 11%
- Lee Kang-il says government will submit Digital Asset Basic Act in November
- Park Min-kyu calls for virtual-asset tax delay and swift passage of Digital Asset Framework Act
OpenAI says ChatGPT Classic desktop app will shut down on 30 January 2027
OpenAI said the old ChatGPT Classic desktop app will stop service on 30 January 2027, with users prompted to move to the new app, where their chat history and conversations carry over.
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