Crypto news
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Bitcoin ETFs shed $1.3B in biggest weekly outflow since late June
Investors pulled a net $1.21 billion from BlackRock’s IBIT last week as Bitcoin fell below $76,000 and US technology stocks sold off.
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Bitcoin Trades Near $73,900 After Four-Week Low
Ether has lost 18.8% over roughly 28 days, compared with bitcoin's 12.2%, as major tokens decline.... Read the full story at The Defiant
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Yat Siu to Become Animoca Brands CEO in AI and Institutional Push
Group president Evan Auyang will become a senior advisor to the board, while Siu will retain his executive chairman role.... Read the full story at The Defiant
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Solana Draft Would Retire Durable Nonces No Earlier Than May 2027
Custodians would need new offline-signing flows, with replacement programs introducing different rules for failed transactions.... Read the full story at The Defiant
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SpaceX proposes a $24 billion Texas supercomputer worth 17 times its bitcoin pile
The $24 billion project, which includes an AI supercomputer in Texas with its own gas-fired power plant, is about 17 times the value of SpaceX's bitcoin holdings.
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Solana moves to scrap the transaction feature used in the $270 million Drift hack
A draft proposal would end the 'durable nonces' feature no earlier than May 5, 2027, forcing custodians that sign offline to rebuild how they move coins.
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OP Mainnet Active Addresses Jump Nearly 20-Fold to a 30-Day High
Transactions rose far less than addresses, while user-paid fees stayed close to their preceding seven-day median.... Read the full story at The Defiant
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Zcash devs propose another block time cut days after NU7 upgrade
The proposed reduction aims to shorten transaction confirmation times and improve the user experience for point-of-sale payments, exchange deposits and cross-chain swaps.
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Two rival Ethereum proposals aim to stop Glamsterdam breaking old contracts
The proposals aim to keep Ethereum’s planned gas changes from breaking existing contracts, using different approaches to what contracts see and what users pay.
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Binance's bitcoin mining pool finds just one block in a week as shutdown nears
The exchange's once significant mining operation has nearly disappeared from Bitcoin's block-production rankings ahead of its November 10 closure.
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SlowMist Flags 'Cracked TradingView Premium' as Wallet-Data Malware
The Windows sample uses Telegram and Steam to rotate command servers. SlowMist's alert gives no confirmed thefts or victim count.... Read the full story at The Defiant
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tBTC bridge partially resumes as $120M Aave reserve remains frozen
Threshold halted its tBTC bridge on Oct. 30 as operators addressed a critical Linux kernel vulnerability that could allow attackers to execute code on unpatched servers.
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Nvidia perps slide as market reacts to CEO Jensen Huang’s Chinese spy scandal
Nvidia said its board of directors is investigating Huang's relationship with a woman identified by intelligence officials as a Chinese spy.
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Bitcoin drops, then pops as Nvidia cheating scandal and failed Iran talks trigger volatility
Volatile price action has once again liquidated leveraged bullish plays worth millions.
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What is Zcash (ZEC)? How shielded transactions work
Zcash (ZEC) is a privacy coin and blockchain launched in 2016. It allows users to make both public and private transactions. The latter — called “shielded transactions” on the network — make use of zero-knowledge proofs called zk-SNARKs to verify payments without revealing the sender, recipient or...
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Hyperliquid Whale’s 56,667-ETH Long Fully Liquidated
The two tracked accounts show lifetime losses of about $44.8 million after the trader previously reduced exposure from 93,184 ETH.... Read the full story at The Defiant
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Blumenthal Sets Jan. 4 Deadline for Binance, Tether and Trump Crypto Firms
The senator warned of alternative measures to secure records, but his current ranking-member position does not give him unilateral subpoena authority.... Read the full story at The Defiant
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Threshold Says tBTC Bridge Has Resumed Onchain, but App Remains Paused
Aave’s $119.9 million Ethereum Core tBTC reserve remains frozen while Threshold waits for more operators to reconnect.... Read the full story at The Defiant
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Onchain data casts doubt on insider-trading theory in NYT’s ‘suspicious’ election betting story
The New York Times reported on 'suspicious' bets, but two experts who reviewed The Block's findings said the evidence doesn't strongly suggest foul play.
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Vitalik ‘pivots’ ETH to store of value, crypto suffers after US midterms: Hodler’s Digest
Vitalik Buterin wants Ethereum to embrace a store of value narrative, upsetting Bitcoin maxis. The crypto industry faces an uncertain future following the US elections.
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AVAX Falls 28% in Four Weeks, Lagging Bitcoin and Ether
Bitcoin lost 11.3% and ether 16% over the matched window, as AVAX reversed its earlier relative outperformance.... Read the full story at The Defiant
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Bitcoin Trades Below Strategy’s $75,451 Average Purchase Price
The company’s disclosed 849,327 BTC were worth about $63.58 billion at the Sunday quote, below their $64.08 billion acquisition cost.... Read the full story at The Defiant
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LNbits Urges All Server Operators to Shut Down After Attacks
The project also disabled its hosted instances, while contributor Ben Arc said patches should be available within 24 to 48 hours.... Read the full story at The Defiant
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What the election results mean for crypto: State of Crypto
Democrats had an astoundingly good night, smashing all expectations. Is that actually bad news for the industry?
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Stablecoin growth has stalled. The payments boom hasn't
Stablecoin supply has barely grown this year, even as payments using the tokens surge. Circle's latest earnings offer another example of the divergence between dollars outstanding and activity on blockchain networks.
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Web3Auth says it frontran hackers by moving $5.6 million out of exposed Keplr wallets
Web3Auth's communications also referred to an "original attacker," suggesting some funds were stolen, but did not elaborate.
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How to Read Token Allowances in Revoke.cash and Etherscan
Viewing a wallet address requires no signature. Revoking an allowance changes a specific token-spending permission—not every permission attached to the account.... Read the full story at The Defiant
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Bridge’s OCC Approval Opens Path to Federal Stablecoin Trust Bank
The order requires $45 million in minimum capital and preopening checks. A bank charter does not replace GENIUS Act issuer approval.... Read the full story at The Defiant
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Vitalik Buterin says ETH should be valued as a store of value, not a fee-burning token
A recent controversial proposal to burn a rising share of validator rewards as more ETH is staked was withdrawn last month after facing pushback.
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What Is a DeFi App? From Wallet Connection to Lending Deposit
Connecting a wallet does not authorize a deposit. A lending position is recorded onchain, separately from the website displaying it—and withdrawals still depend on protocol rules and available assets.... Read the full story at The Defiant