Bitcoin miners are oversold following 35% October rout, VanEck says
Investors dumped AI infrastructure providers across the board in October, treating companies in very different sectors as one monolithic trade.
Crypto
Trump-linked American Bitcoin swings to $126 million profit but misses revenue estimates
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.
Thailand to block Bitget in December over unlicensed crypto trading
Thailand’s SEC filed a criminal complaint against Bitget’s operator, with access to its website and app set to be blocked from Dec. 5.
Bitcoin holds above $80,000 after Wednesday’s jump as injective rallies on staked ETF listing
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.
Live updates: Bitcoin steady around $80,000 as markets rally after Democratic sweep
Ether jumped 4% and crypto ETFs drew fresh money after Wall Street turned higher and Brent crude fell nearly 9%.
Mercado Bitcoin hack continued hours after exchange said attack was contained, report finds
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.
Arkansas Sues Kalshi, Joining a Growing List of States Targeting Prediction Markets
Attorney General Tim Griffin said betting on “whether the Razorbacks win or lose” is gambling, and wants restitution, penalties and taxes.
Bitcoin win rate vs. S&P 500 recovers as post-midterm history favors stocks
Bitcoin outperformed the S&P 500 in half of the past 90 US trading sessions, while historical midterm data highlights gains for stocks.
South Korea seeks 4th crypto tax delay, targets 2029 start
South Korea is seeking a fourth delay to its 22% crypto tax, months after reaffirming plans to begin taxing digital asset gains in January 2027.
France budget rejection sidelines stablecoin tax, wallet reporting
Three adopted amendments, including stablecoin taxation and self-custody reporting, fall away but could be reintroduced in the Senate.
Hong Kong passes law requiring crypto exchanges to report customer transactions to tax authorities
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 can break into Linux at scale. Here’s what it means for crypto
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.
Bitcoin, Ether ETFs draw $128M as crypto rebounds after midterms
Fidelity led Bitcoin ETF inflows, while BlackRock’s IBIT shed another $201 million, extending its outflow streak to four trading sessions.
Crédit Mutuel Arkéa resumes operations after attack, assesses losses
The bank said customer funds were unaffected after attackers accessed its systems through a service provider’s platform.
Binance, Polymarket seek Polygon hard fork to recover $6.8M in stolen crypto
Polygon block producers have already frozen the stolen tokens, but a proposed hard fork would allow the funds to be recovered and returned to their owners.
Zcash is about to freeze $16 million in its oldest privacy pool
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.
The pile of lawsuits against Kalshi just grew by one
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.
XRP Ledger fixes a disclosed bug that could have led to the creation of new tokens
The fix went live Wednesday after validator support reset the activation clock in October. XRP itself was unaffected.
Bitcoin holds above $80,000 as Zcash jumps 12% in post-election crypto rebound
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.
‘Lawyer up’: Democrats target Trump, Big Tech after midterm sweep
Democrats wasted little time after their midterm victory, warning tech CEOs to prepare for subpoenas and signaling fresh investigations into Trump’s business dealings.
Trump Media moves $342 million in bitcoin to Crypto.com, blockchain data show
A wallet supposedly linked to Trump Media has made a large BTC transfer to Crypto.com, data tracked by Arkham show.
India warns AI-powered hackers targeting crypto exchanges at ‘machine speed’
India’s cybersecurity agency says a threat actor is escalating an AI-assisted hacking campaign targeting crypto exchanges and other financial firms.
Mercado Bitcoin says phased reopening to begin Monday, will cover losses
Customers will initially be able to view their holdings, while withdrawals and trading remain suspended pending security checks.
Tokenization and stablecoins may weather Democrats’ sweep as broader crypto rules face uncertainty
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.
Crypto’s Washington hopes fade, but Grayscale and BlackRock see growth ahead
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.
Why Bitcoin’s Next Soft Fork Could Feel Like a Practice Run
Matt Corallo explains why patching four legacy bugs is about rebuilding muscle memory, just as much as it’s about Bitcoin maintenance.
BitMart founder says security team ‘severely understaffed’ after new hack
The crypto exchange’s founder warned of security staffing shortages amid restructuring as analysts flagged suspicious transfers potentially linked to the Mercado Bitcoin hack.
Crypto PACs eye 2028 “new map” as Democrats take Congress
Crypto super PACs spent more than $176 million on the midterms, but the Democratic sweep raises the prospect of tougher industry scrutiny.
ChatGPT Is Getting a GIF Maker Powered by OpenAI’s Unannounced Images 2.6 Model
OpenAI is rolling out animated GIF creation in ChatGPT, with frame-by-frame editing and speed controls.
How Aussie Bitcoiners can avoid 2027’s shock CGT hike: Part 1
From setting up an SMSF or a company, to just leaving the country entirely, here are some strategies Australian Bitcoiners can employ to deal with 2027’s massive CGT hike.