The post-election rally quickly reversed as AI stocks plunged, but cryptocurrencies held up relatively better despite a $1 billion liquidation wave.
The hacking group has been behind some of the crypto industry’s most recent high-profile thefts.
Soter also received backing of 500 BTC and 2000 ETH, worth another $43 million at current prices.
Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied. An independent audit is underway.
The investment follows talks first reported by CoinDesk in June that included a proposed equity stake in Aave Group.
A $19 billion data-center agreement includes an unusual provision allowing Google to acquire part of the project if Anthropic fails to pay its rent.
The exchange says its systems are unaffected but has removed trading connections to the third-party platform as a precaution.
Ukraine’s central bank won’t back a crypto legalization bill in its current form and wants lawmakers to revise it before a final vote.
Your day-ahead look for Nov. 5, 2026
Investors dumped AI infrastructure providers across the board in October, treating companies in very different sectors as one monolithic trade.
Revenue fell to $63.4 million in the third quarter and missed analysts’ forecasts as bitcoin production declined and higher summer electricity prices pushed mining costs up.
Bitcoin slipped 0.2% to around $80,250 since midnight UTC, holding above $80,000 after Wednesday’s jump, as spot ETFs ended a three-day outflow streak.
Ether jumped 4% and crypto ETFs drew fresh money after Wall Street turned higher and Brent crude fell nearly 9%.
The same attacker took about $391,000, mostly from wallets Bitquery ties to BitMart, whose founder confirmed a Nov. 2 hack and suspects a link.
Crypto firms must collect customer and transaction data from 2027, with Hong Kong sharing the information with overseas tax authorities from 2028.
OpenAI says its AI found 948 Linux flaws and wrote a working attack for each one. Crypto security voices say decentralization leaves the industry better placed than most to cope.
About 12,200 ZEC remains in Sprout, the privacy pool Zcash launched in 2016. Roughly 10,000 coins have left over the past week, but only about 40 moved out Wednesday.
Arkansas has accused the prediction market of running illegal gambling, joining Utah and several other U.S. states that have filed criminal or civil charges.
The fix went live Wednesday after validator support reset the activation clock in October. XRP itself was unaffected.
Ether rose 8% as falling oil prices and a weaker dollar helped markets recover, even as traders weighed a tougher path for U.S. crypto legislation.
A wallet supposedly linked to Trump Media has made a large BTC transfer to Crypto.com, data tracked by Arkham show.
Wall Street’s push to bring finance onto blockchain rails may continue under existing laws, though the SEC and CFTC face tougher oversight and questions over how long their rules will last, experts said.
The asset manager says global demand and institutional adoption will sustain the industry despite a political setback, while BlackRock sees little impact on its crypto business.
The industry’s primary campaign arm had cultivated a reputation as an unstoppable force, but more than a third of its spending failed to hit the mark, especially in Ohio.
Industry experts warn the Clarity Act is likely dead in its current form as incoming Democratic majorities eye tighter scrutiny of crypto markets and tokenized stocks.
Bitcoin miners pivoting to AI face new uncertainty over power access and construction permits, while companies with approved projects could benefit from tighter supply.
Retail traders increasingly want trades that resolve fast, from prediction markets to same-day options. Andy Baehr of GSR argues perpetual futures belong in that group, and that ICE’s deal to bring Trade[XYZ]’s Hyperliquid markets onshore is a play for that customer, one that doesn’t need a crypto asset to work.
The next Congress inherits an unfinished assignment: establishing clear, lasting rules for digital assets that protect consumers and ensure American innovation continues to thrive, writes Blockchain Association’s Lindsay Fraser.
The biggest losers, so far, are the AI data center stocks following victories for several candidates who campaigned expressly against the sector.
