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NewsFeeds
Short crypto and markets updates from outlets’ public feeds, rewritten by AI in our own words, credited and linked. Newest first.
AI rewriteEvery flash here is rewritten by AI from an outlet’s flash or a public Telegram channel, and goes live without an editor reading it first. The outlet is named and linked on each one; AI also sets its topic and tone (Bullish, Bearish or Neutral: an AI reading of the flash, not investment advice), and when two outlets report the same news, you see it once.Where AI is used
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Mon 2 Nov
Cosmos opens public review of ATOM tokenomics overhaul
Cosmos contributors are preparing a public review of changes to ATOM's economic structure and the Cosmos Hub roadmap, covering issuance rules, staking incentives and a way to reflect Hub revenue in rewards. Each change will go to a separate governance vote, with details due around 20 Nov and the review starting in early December.
Lee Kang-il says government will submit Digital Asset Basic Act in November
Lee Kang-il says the government will submit its Digital Asset Basic Act in November and will push for it to be passed in December.
Previous related news
- Park Min-kyu calls for virtual-asset tax delay and swift passage of Digital Asset Framework Act
- Bae Jun-young presses Democratic Party to settle crypto tax delay before 2 Nov review
- South Korea's crypto tax plan divides opinion as debate pits legislation against further delays
Regulation
BloomingbitAIBullish
Upbit to pause ALGO deposits and withdrawals on 5 Nov for network upgrade
Upbit will temporarily halt ALGO deposits and withdrawals from 11:00 UTC on 5 Nov to allow for an Algorand network upgrade.
Address flips SKHX short to long position with about $31.9m in cumulative profit
An address closed about $720,000 of SKHX shorts, opened about $3.38m of SKHX longs and closed about $788 of longs, holding roughly $3.05m in SKHX longs, with cumulative contract profit of about $31.9m.
DigitalX CEO Oh Se-jin signals resignation ahead of Mirae Asset reshuffle
Oh Se-jin, CEO of the crypto exchange DigitalX, formerly Korbit and now owned by Mirae Asset Group, has signalled his intention to resign for personal reasons, setting up a wider management reshuffle. Oh joined Korbit in 2019, became CEO in January 2020 and had a term running to the end of 2028.
Regulation
CoinNessAIBearishUS stock index futures extend gains, Nasdaq 100 futures up more than 1%
US stock index futures extended their gains, with Nasdaq 100 futures rising as much as 1%, S&P 500 futures up 0.52% and Dow futures up 0.39%, Gate market data showed.
Macro
ChainCatcherAIBullish
Machi Big Brother closes HYPE long at a loss and adds to 25x ETH long
HyperBot data shows Huang Licheng, known as Machi Big Brother, closed a 10x long on 11,000 HYPE at a loss of about $31,600, then added to a 25x ETH long now at 5,200 ETH, with unrealised profit of $158,000 and a 32.56% return.
Whale buys 27,553 ETH for $63m over five hours, Lookonchain says
A whale spent $63m to buy 27,553 ETH over the past five hours at an average price of $2,286, according to Lookonchain.
Initia says its L1 and rollups are back online
Initia said its L1 and rollups are operating normally again, with bridges and trading platforms expected to resume transfers later today. WETH and AUSD0 withdrawals will take 24 hours and Noble USDC withdrawals are capped hourly.
10x Research's Markus Thielen says Bitcoin may rebound to $90,000 by year-end
Markus Thielen, founder of 10x Research, said Bitcoin could slip into the mid-$70,000s before recovering to $90,000 by year-end. He expects the Federal Reserve to sound cautious in early December and sees Bitcoin outpacing ether.
Unitree Robotics shares rise as much as 6% in afternoon trading
Unitree Robotics (688836) climbed as much as 6% after the afternoon open and last traded at 680 yuan, up 5.09%. The stock had earlier fallen more than 11% in morning trading before recovering.
Paradigm unstakes 2.55m HYPE worth about $224m over two days
Paradigm unstaked 2.55m HYPE, worth about $224m, through 15 wallets over the past two days, equal to 17.85% of the 14.26m HYPE (about $1.26bn) it has staked on Hypercore. It made a similar large unstaking weeks ago before moving the tokens to new wallets and restaking them, and its plans this time are not confirmed.
CBB says Hyperliquid HIP-4 outcome contract volumes rose tenfold
CBB said on X that daily trading volume in Hyperliquid's HIP-4 outcome contracts has grown tenfold over the past 30 days. CBB expects the trend to accelerate with fees 100 times lower than Polymarket and Kalshi, and said the future of prediction markets lies with Hyperliquid.
RUNE falls 20% as hackers are said to have routed Binance hack funds through Thorchain
RUNE, the token of cross-chain exchange Thorchain, fell about 20% in 24 hours and briefly dropped below $0.50. BlockBeats linked the decline to security and regulatory concerns after hackers reportedly moved part of last week's Binance hack proceeds through Thorchain, swapping about $48.3m across 2,697 transactions.
Goldman Sachs lifts year-end Brent forecast to $105 on Middle East supply fears
Goldman Sachs has raised its year-end Brent crude oil forecast to $105 a barrel, citing fears of supply disruption in the Middle East.
Macro
Solana Foundation merges SIMD-0567 proposal to replace ATA programme with p-ATA
The Solana Foundation has merged the SIMD-0567 proposal into the main branch, which would replace the existing associated token account (ATA) programme with p-ATA, a Pinocchio-based optimised version. Developers' earlier benchmarks showed p-ATA cut transaction execution time by about 35%, though the merge does not mean the mainnet programme has been replaced.
Julia Leung says Hong Kong SFC plans cyber security framework for licensees
Hong Kong SFC chief executive Julia Leung said at Hong Kong FinTech Week 2026 that the regulator plans a cyber security framework for licensed institutions, with higher requirements for riskier firms to counter AI-driven threats. She said Hong Kong institutions lead in tokenisation, which needs real economic benefits to scale.
Regulation
MSX lists DOCN, the DigitalOcean token
MSX said it listed DOCN, the DigitalOcean token, on 2 November 2026.
Odaily
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