Bitcoin news
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Mercado Bitcoin Plans View-Only Reopening on Nov. 9 After Hack
The exchange says it will use company funds to replace affected assets, while withdrawals and trading await security clearance.... Read the full story at The Defiant
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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.
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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.
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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.
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Judge Lets Stock Perpetual Futures Keep Trading but Says CFTC Likely Overstepped Its Authority
Bitcoin Magazine Judge Lets Stock Perpetual Futures Keep Trading but Says CFTC Likely Overstepped Its Authority Stock perpetual futures can keep trading on Kalshi, Coinbase Derivatives and Bitnomial for now after a federal judge denied an emergency bid to halt them Tuesday, while finding that the...
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Huizenga Loses House Seat Despite $1 Million From Crypto PAC Fairshake
Bitcoin Magazine Huizenga Loses House Seat Despite $1 Million From Crypto PAC Fairshake Rep. Bill Huizenga, the No. 2 Republican on the House Financial Services Committee, lost his reelection bid to Democrat Sean McCann, the Associated Press called Wednesday afternoon, despite about $1 million in...
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French Bank Credit Mutuel Arkea Confirms Cyberattack as ZachXBT Puts Losses Above $133 Million
Bitcoin Magazine French Bank Credit Mutuel Arkea Confirms Cyberattack as ZachXBT Puts Losses Above $133 Million French bank Credit Mutuel Arkea said Wednesday that a cyberattack allowed hackers to carry out fraudulent transfers from the bank's own account, a theft that on-chain investigator ZachXBT...
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House Democrats Eye Their Own Crypto Market Structure Bill With a Bigger SEC Role After Sweep
Bitcoin Magazine House Democrats Eye Their Own Crypto Market Structure Bill With a Bigger SEC Role After Sweep House Democrats are discussing a plan to turn Rep. Maxine Waters' Crypto Investor and Consumer Bill of Rights into their own crypto market structure bill next Congress, with ideas that...
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Bitcoin Price Holds Near $80,000 as Democratic Sweep Sparks Short Squeeze
Bitcoin Magazine Bitcoin Price Holds Near $80,000 as Democratic Sweep Sparks Short Squeeze Bitcoin price traded near $80,000 on Wednesday afternoon, up about 3% on the day and roughly $26,000 below its price one year ago, as markets shook off election-night jitters over the Democratic sweep of...
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Bitcoin rebounds past $80,000 as markets shrug off midterms and Binance hack
Bitcoin rose 3.5% to $80,500 and ether jumped 6% after Democrats won Congress, while Bitwise says the Binance hack had limited market impact.
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Strategy raises $5.4B but barely buys bitcoin
Michael Saylor’s Strategy diluted common shareholders by $5.4 billion worth of stock sales between July and September but bought just $588 million worth of BTC. This means that less than 11 cents from every $1 raised last quarter went towards buying BTC. Strategy says that when it wants to buy BTC,...
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Trump-linked tokens lead crypto losses after Democrats sweep in the US midterms
The official Trump and World Liberty Financial tokens were the two biggest losers among the top 100 cryptocurrencies on Wednesday even as Bitcoin and Ether rallied.
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Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss
Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.
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Lightning Labs Releases LND Mitigation for Critical Linux Flaw
LND v0.20.7-beta and v0.21.6-beta disable Multipath TCP by default, but operators still need a patched kernel to fix the underlying vulnerability.... Read the full story at The Defiant
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Matt Corallo Flags Critical Linux Kernel Flaw; Lightning Labs Ships LND Mitigation
Bitcoin Magazine Matt Corallo Flags Critical Linux Kernel Flaw; Lightning Labs Ships LND Mitigation Bitcoin Core and Lightning developer Matt Corallo highlighted a severe Linux kernel vulnerability on October 30, criticizing Ubuntu’s delayed response to what he called “the most critical Linux vuln...
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Strategy’s STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks
Bitcoin Magazine Strategy's STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks Strategy's Stretch preferred stock touched $100 today for the first time since May, returning to the par value the company has spent over $2 billion in buybacks and five months of rate...
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What Are Privacy Coins? Bitcoin, Monero and Zcash Compared
Monero requires privacy mechanisms for ordinary transfers, while Zcash supports transparent and shielded modes. Neither erases an exchange’s identity records.... Read the full story at The Defiant
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Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves
Bitcoin Magazine Jack Dorsey's Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves Block has agreed in principle to pay $764 million to resolve a Justice Department investigation into its anti-money-laundering controls, a sum larger than the $566 million profit the...
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Librería de Satoshi Rebrands to ISMOS, Launches Global Platform to Train One Million Bitcoin Developers
Bitcoin Magazine Librería de Satoshi Rebrands to ISMOS, Launches Global Platform to Train One Million Bitcoin Developers Librería de Satoshi, the technical education organization, recently announced the launch of its global platform as they rebrand to ISMOS and shows off a new website. The...
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Democrats to Target Trump’s Crypto Ventures After Taking Congress
Bitcoin Magazine Democrats to Target Trump’s Crypto Ventures After Taking Congress House Democrats plan to open investigations into President Donald Trump's family crypto businesses once they take control in January, with World Liberty Financial, its Emirati investor and the pardon of Binance...
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Bitcoin Rebounds After Democratic Midterm Sweep, But Crypto Faces Tougher Fight in Washington
Bitcoin bounced back after Democrats won control of Congress, but a stalled market structure bill and heavy industry campaign spending reveal crypto’s exposure to shifting US political power.
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Wall Street cuts Bitcoin miner price targets as newly blue Texas threatens data center boom
Wall Street is cutting bitcoin miner price targets after Democrats' Texas win raised fears of delays to AI data center projects.
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TD Cowen: Democratic Sweep Makes a Crypto-Backed CLARITY Act ‘Impossible’
Bitcoin Magazine TD Cowen: Democratic Sweep Makes a Crypto-Backed CLARITY Act ‘Impossible' The Democratic sweep of Congress closes the door on crypto market structure legislation like the Clarity Act for the next two years and may rule out any version the industry would support, TD Cowen told...
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Riot Signs $28 Billion AI Lease for Entire Corsicana Campus
The miner has sold 20,264 BTC this year to help fund data centers, while mining still supplied about 64% of third-quarter revenue.... Read the full story at The Defiant
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Bitcoin hits $80.5K as US stocks rally on midterm election results
Bitcoin climbed toward $80,500 as risk assets rallied on Democrats’ midterm election gains and oil prices fell.
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Riot (RIOT) and Hut 8 (HUT) Sell Thousands of Bitcoin to Fund AI Ventures, Share Buybacks
Bitcoin Magazine Riot (RIOT) and Hut 8 (HUT) Sell Thousands of Bitcoin to Fund AI Ventures, Share Buybacks Two of the largest public bitcoin miners reported third-quarter results on Wednesday, and both used the occasion to confirm they have been selling the asset they were built to accumulate. Riot...
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Bitcoin Reclaims $79,000 After 5% Rebound From Election-Night Low
Ether and Solana joined the recovery, while S&P 500 and gold futures gained about 3% over a matched overnight window.... Read the full story at The Defiant
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Circle (CRCL) Cuts About 5% of Workforce as Q3 Revenue Hits $865M
Bitcoin Magazine Circle (CRCL) Cuts About 5% of Workforce as Q3 Revenue Hits $865M Circle Internet Group cut about 5% of its workforce in the third quarter, a reduction the USDC issuer disclosed in the footnotes of an earnings report that showed revenue rising 17% to $865 million and net income up...
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Bitcoin Trades Above $78,000 After Democratic Sweep of Congress
Bitcoin Magazine Bitcoin Trades Above $78,000 After Democratic Sweep of Congress Bitcoin price traded near $78,300 on Wednesday morning, up about 1% on the day, after Democrats won control of both the House and the Senate in Tuesday's midterm elections and dealt the crypto industry its worst night...
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Core Lightning Urges Upgrade to 26.06.10 to Patch Channel Flaws
The release addresses channel-balance risks and remote crashes; maintainers are withholding tests for the fixes to give node runners time to update.... Read the full story at The Defiant