Binance Alpha is now available on elizaOS (ELIZAOS).
Binance Alpha launched elizaOS (ELIZAOS).
Berachain announced on its X platform that it expects to launch a refund claim page early next week, allowing those who lost funds in the Balancer v2/BEX vulnerability to retrieve their deposits. For users who deposited through vault contracts (such as nfrared), funds can be claimed directly using the original deposit address. Berachain also stated that it will release a CSV file containing all wallets and their expected claimable funds. All recovered funds will be returned to users; these funds represent approximately 96% of user deposits in most liquidity pools. The remaining 4% remains in the BEX liquidity pool and will be unlocked next week. Berachain anticipates an additional hard fork later next week to unlock the BEX contract at the virtual machine level, after which it will enable recovery mode on composable stable v6 pools, following Balancer's recent announcement.
Cipher issues $1.4 billion in high-yield bonds to fund Google-related data center construction.
According to Bloomberg, Cipher Mining has raised $1.4 billion through high-yield debt to build a data center affiliated with Google. The company's subsidiary issued five-year senior secured notes, non-callable for the first two years, with a yield of 7.125%. Morgan Stanley was the sole lead underwriter. Cipher and TeraWulf are shifting from Bitcoin mining to data center operations, driven by the demand for AI computing power. The funds raised will be used for the construction of a facility near Barber Lake, Colorado City, Texas.
According to The Block, Block, founded by Jack Dorsey, generated approximately $1.97 billion in Bitcoin revenue in Q3 2025, accounting for nearly one-third of its total revenue of $6.11 billion. Despite a 18% year-over-year increase in gross profit, some of the company's financial metrics fell short of expectations, causing its stock price to drop more than 9% in after-hours trading. The company held 8,780 Bitcoins at the end of the quarter, with a total value exceeding $1 billion.
According to Bloomberg, a U.S. federal court in New York sentenced Keonne Rodriguez, co-founder of Samourai Wallet, to five years in prison for conspiracy to operate an unlicensed money transfer business. He had previously reached a plea agreement with prosecutors and agreed to pay $237 million in assets and a $400,000 fine along with another co-founder. The case involves using currency mixing services to launder money from dark web and fraudulent activities.
Google will integrate Kalshi and Polymarket forecasting data into Google Finance.
According to Bloomberg, Google has announced a partnership with Kalshi and Polymarket to integrate data from the two prediction market platforms into Google Finance. When users query future events such as GDP growth, real-time odds will be displayed, aiming to provide more probabilistic information "by leveraging the wisdom of the crowd."
US stocks closed lower: All three major indexes fell, with Nvidia down more than 3%.
U.S. stocks closed lower on Thursday, with the Dow Jones Industrial Average down 0.8%, the S&P 500 down 1.1%, and the Nasdaq Composite down 1.9%. Tesla (TSLA.O) fell 3.5%, Nvidia (NVDA.O) fell 3.65%, and Meta (META.O), Amazon (AMZN.O), and Intel (INTC.O) all fell more than 2.5%. U.S. blockchain concept stocks also generally declined, with Coinbase, Strategy, and MARA Holdings all falling by about 7%.
According to Whale Alert monitoring, in the past 12 hours, the USDC Treasury has seen 10 USDC minting and burning operations on the Ethereum blockchain, totaling over $50 million. A total of approximately 589 million USDC were minted and approximately 336 million USDC were burned, resulting in a net increase of approximately 253 million USDC.
Tether increased its holdings by 961 bitcoins, worth approximately $973 million.
According to Onchain Lens, Tether has increased its holdings by 961 bitcoins, worth approximately $973 million.
JPMorgan Chase CEO Jamie Dimon: Rather than missing out on opportunities, participate in stablecoin trading.
According to Jinshi Data, Cleveland Fed President Hamak, a voting member of the 2026 Federal Reserve meeting, said on Thursday that persistently high inflation is not conducive to another Fed rate cut, and she is concerned that monetary policy may not be prepared to deal with current inflation. Hamak stated that after last week's policy meeting, she believes monetary policy has few constraints, and in her view, the reasons for further policy action are not obvious at this time. Hamak said the Fed continues to face inflationary pressures above its target, and the current monetary policy setting has little restraining effect on economic growth. She opposed the Fed's decision to cut rates last week. Hamak acknowledged problems in the labor market but warned that the unemployment rate remains low. She also stated that stablecoins are an exciting new technology and see them as a promising innovation. Fed Governor Milan stated: "I want to reach the neutral rate in 50-basis-point increments; many of my colleagues want adjustments in 25-basis-point increments." Fed President Hamak stated: "The boom in artificial intelligence may be similar to the period of internet infrastructure construction. Artificial intelligence is a structural economic change that is not well-suited to be addressed through monetary policy." Federal Reserve Chairman Williams stated that massive U.S. investment in artificial intelligence is impacting global demand for capital. He added that artificial intelligence will present some challenges in the labor market.
Tesla shareholders approve Musk's $878 billion compensation plan
Tesla (TSLA.O) shareholders approved Elon Musk's compensation plan with a 75% majority vote, supporting his vision to transform the electric car maker into an artificial intelligence and robotics giant. Under the new plan, Musk could earn up to $878 billion from Tesla stock over 10 years. Musk will receive up to $1 trillion in stock, but will have to pay Tesla a certain amount. Analysts say the vote is favorable for Tesla's stock, as the company's valuation hinges on Musk's vision of developing self-driving cars, expanding robotaxis in the U.S., and selling humanoid robots, despite his far-right political rhetoric damaging Tesla's brand this year.
Deribit: Over $5 billion worth of Bitcoin and Ethereum options will expire on Friday.
Deribit posted on its X platform that over $5 billion worth of Bitcoin and Ethereum options will expire at 16:00 (UTC+8) on Friday. Bitcoin options open interest shows that market caution has intensified again after the price fell below $100,000 last week. The biggest pain point remains around $108,000, with a put/call ratio of approximately 0.83. Hedging activity is active, but there are no signs of panic. Open interest is mainly concentrated on put options at $100,000 and call options between $120,000 and $125,000, reflecting the current market situation for Bitcoin. Ethereum options show that after the recent price drop below $3,700, the market is cautious but generally orderly. The biggest pain point is around $3,800, with a put/call ratio of approximately 0.9, indicating a balanced and slightly defensive position distribution. Open interest is concentrated on put options at $3,500 and call options at $4,200, outlining the key trading range for Ethereum.
According to Lookonchain monitoring, the Lista DAO vault, managed by MEV Capital and Re7 Labs, has just reached a utilization rate of 99%, triggering mandatory liquidation. If you have funds held in multiple DeFi protocols, please be vigilant—the utilization rate of funds on several platforms is currently exceeding 90%.
Elixir: Redemptions for 80% of deUSD holders have been completed in the past 48 hours.
Elixir announced on its X platform that it has successfully redeemed 80% of deUSD holders (excluding Stream) in the past 48 hours. Currently, Stream holds approximately 90% of the deUSD supply (approximately $75 million), while Elixir holds a similar proportion of the remaining collateral through Morpho loans provided to Stream. The remaining deUSD and sdeUSD holders can redeem their holdings at a price of $1. To protect the rights of these holders and avoid the risk of Stream liquidating deUSD before repaying its loans, Elixir has taken a snapshot of the balances of all relevant holders. The redemption claim page will go live later today, at which time holders can claim USDC. For this purpose, the minting and redemption infrastructure has been suspended, and deUSD will be gradually phased out of the market. Affected AMM pools or lending market LPs can claim the full value of their positions. Given that Stream accounts for over 99% of the lending positions and has decided not to repay or to liquidate them, Elixir will share repayment funds with partners such as Euler, Morpho, and Compound to liquidate these positions, and firmly believes that a 1:1 repayment can be achieved. Detailed information on the application page will be released later.
According to Lookonchain's monitoring, during the Stable Phase 2 pre-deposit campaign, over 60 wallets mistakenly entered their contract addresses as receiving addresses when depositing funds—a total exceeding $2.34 million. Please carefully verify your receiving address before depositing. Never send funds to an incorrect address.
According to The Block, JPMorgan analysts believe that Bitcoin's price could rise to approximately $170,000 over the next 6 to 12 months, primarily due to leverage adjustments and improved volatility relative to gold. Recently, the cryptocurrency market has corrected nearly 20% from its highs. Record-breaking liquidations occurred in the perpetual futures market on October 10th, followed by smaller liquidations on November 3rd. The Balancer vulnerability exploit, which resulted in over $120 million in DeFi activity on the same day, further eroded investor confidence and raised concerns about protocol security. However, the deleveraging phase in perpetual futures is largely over, and the ratio of Bitcoin perpetual futures open interest to market capitalization has returned to historical levels, with the Ethereum market showing a similar trend. Furthermore, rising gold volatility makes risk-adjusted Bitcoin more attractive to investors, with its volatility ratio to gold falling below 2.0. Based on this estimate, Bitcoin's market capitalization would need to grow by nearly 67% to match total gold investment. Currently, Bitcoin's price is approximately $68,000 below its fair value, suggesting a potential significant rise over the next 6 to 12 months.
Hourglass announced on its X platform that its website is experiencing unusually high traffic, causing temporary inaccessibility. Deposits made directly or programmatically through Etherscan will not qualify for the Stable Pre-Deposit program. These deposits can be withdrawn via Etherscan using the redeemNonKYC function. Due to the website issue, the scheduled $100,000 minimum deposit window will be extended by at least one hour. Users are advised to wait patiently for the website to return to normal access.
The Ethereum Foundation has announced the Fusaka upgrade, scheduled for activation on Ethereum mainnet slot 13,164,544, at 21:49:11 UTC on December 3, 2025 (05:49:11 Beijing time on December 4). This upgrade introduces a Blob-only (BPO) fork to safely scale blob throughput after PeerDAS activation. A key feature of Fusaka is PeerDAS (Peer Data Availability Sampling), which significantly improves blob throughput. Fusaka also optimizes the execution and consensus layers to enhance L1 layer performance and improve user experience.
According to on-chain analyst @ai_9684xtpa, within 25 minutes of the Stable Phase II pre-deposit opening, 242 million USDC had been successfully deposited, nearly half of the total, with a large number of transactions still pending. The first deposit address, 0xba6...8a2dB, successfully deposited 98,998.5 USDC in 11 seconds, incurring a $243 miner fee, almost reaching the maximum limit ($100,000). To avoid being targeted by Sybil attacks, funds were primarily transferred from exchanges. However, the first 20 small deposit addresses all followed the "OKX withdraws a small amount of ETH + Bybit withdraws USDC" pattern, with the preparation and deposit times extremely close together.
MegaETH: MEGA allocation query page is now online.
MegaETH stated on the X platform: "More than 5,000 users have been selected based on their verifiable on-chain data, social influence, and Mega credentials. They have officially become MegaETH holders along with Fluffs and Echo. The MEGA allocation query page is now live."
According to The Block, blockchain projects including Solana, Fireblocks, Monad, and Polygon are collaborating to establish a common framework for cross-chain payments. The newly formed Blockchain Payments Consortium (BPC) aims to "define a common framework that improves the cross-chain transaction experience of stablecoins, based on the convenience and data requirements of traditional payments." BPC's mission statement includes addressing "the challenges of transitioning between traditional and blockchain payments." Currently, BPC members include the Stellar Development Foundation, the TON Foundation, the Solana Foundation, the Monad Foundation, Fireblocks, Polygon Labs, and Mysten Labs.
Cryptocurrency trading app Fomo raises $17 million in Series A funding, led by Benchmark.
According to TechCrunch, cryptocurrency trading app Fomo has completed a $17 million Series A funding round, led by Benchmark, bringing its total funding to $19 million. The project attracted 140 industry leaders as angel investors through a unique strategy, including Polygon Labs CEO Marc Boiron, Solana co-founder Raj Gokal, and former Coinbase CTO and angel investor Balaji Srinivasan. Launched in May of this year, Fomo integrates with Apple Pay for quick account opening and trading. The platform supports cross-chain trading of millions of crypto assets, charges a 0.5% transaction fee and waives gas fees, and includes built-in social features allowing users to track others' trading strategies.
According to the official Sei blog, Binance has now become a validator node on the Sei network. Sei stated that as a validator node, Binance brings its operational rigor and security expertise to the network, aligning with the high standards of Sei's existing validators.
Morpho co-founder Merlin Egalite responded to reports of "liquidity shortages" in some vaults. He stated that when the market is under stress, lenders often withdraw funds simultaneously, leading to increased capital utilization, decreased liquidity, and in extreme cases, even a temporary lack of available liquidity. However, this is not a systemic flaw, but rather a natural reaction mechanism of the lending pool under stress. To restore balance, the interest rate model automatically adjusts borrowing rates. For example, Morpho targets a capital utilization rate of 90%, meaning that in most cases, approximately 90% of deposited funds are lent out. When utilization spikes to 100%, borrowing rates increase fourfold. Typically, market interest rates recover to a balance of approximately 90% within minutes; under greater market stress, recovery may take several hours. Furthermore, the "liquidity shortages" are localized and manageable, occurring only in isolated market imbalances. A few days ago, only 3-4 of Morpho's 320 vaults experienced temporary liquidity shortages, while the rest operated normally. Therefore, claims of a "liquidity crunch across the entire protocol" are misleading. Insufficient liquidity does not necessarily mean losses or bad debts; it simply means that a large amount of funds are lent out in the short term. The market will react in real time, repricing the risk and finding a new equilibrium.
Ethena (ENA) is now available on Robinhood.
According to information on the official page, Robinhood has launched Ethena (ENA).
BOB (Build on Bitcoin) will launch its community-round public sale on CoinList on November 10th.
According to an official announcement, BOB (Build on Bitcoin) will officially launch its community-round public sale on CoinList at 20:00 Beijing time on November 10th, lasting 72 hours until 20:00 on November 13th. According to the official BOB announcement, the total supply of BOB tokens is 10 billion, with this public sale accounting for 4% (400 million tokens), raising a total of $8.55 million. The price per token is approximately $0.021. The subscription limit for a single account is $500,000 to $250,000.
YZi Labs announces investment in digital heritage platform Funes
According to official news, YZi Labs has announced an investment in Funes, a digital heritage platform dedicated to building the world's largest open archive of 3D architectural models. This aligns with YZi Labs' investment philosophy of supporting AI, culture, and real-world data infrastructure. Funes aims to preserve the real world in three dimensions using crowdsourced photogrammetry and computer vision technologies, documenting, sharing, and reimagining various human-made structures—from temples and towers to homes and ruins—before they disappear into the annals of history. The newly raised funds will support Funes' three key areas: modeling to capture comprehensive 3D data on historical and modern architecture worldwide; online experiences to create a seamless interactive platform for users to explore models and metadata; and AI integration to combine real-world data with technologies such as 3DGS, RF, and Large Language Modeling (LLM) for the generation, research, and educational purposes.
Survey: The proportion of traditional hedge funds holding cryptocurrencies rose to 55% this year.
According to a Bloomberg report, a 2025 survey by the Association for Alternative Investment Management (AALEM) and PwC shows that the proportion of traditional hedge funds holding cryptocurrencies will rise to 55% this year, up from 47% in 2024, with approximately 47% of surveyed institutional investors increasing their allocations due to the current regulatory environment. The survey, conducted in the first half of the year, covered 122 institutions globally, managing nearly $1 trillion in assets. The survey also spoke with professional fund managers whose assets are invested in cryptocurrencies, and new funds have been launched this year, such as BlockSpaceForce's fund which plans to invest in digital asset finance companies. The survey found that among cryptocurrency-focused funds, Bitcoin is the most widely held asset, followed by Ethereum and Solana, with 73% of funds holding Solana, up from 45% in 2024. For most hedge funds, cryptocurrency is just one of many strategies, with an average allocation of 7%, and over half of the funds having an allocation of less than 2%. However, 71% of respondents plan to increase their cryptocurrency exposure in the next 12 months. Among respondents with cryptocurrency exposure, 67% used crypto derivatives, up from 58% in 2024. The proportion of spot cryptocurrency trading rose from 25% to 40%. Approximately 52% of respondents were interested in tokenization, and 43% of traditional hedge funds planned to participate in DeFi over the next three years.
Binance Futures will launch pre-market trading of STABLEUSDT perpetual contracts.
According to the official announcement, Binance Futures will launch pre-market trading of STABLEUSDT perpetual contracts on November 6, 2025 at 20:00 (UTC+8), with a maximum leverage of 5x.
The decentralized stablecoin protocol Lista DAO posted on the X platform: "We have noticed and have been closely monitoring the USDT vault of MEV Capital and the USD1 vault of Re7 Labs, where the collateral assets (sUSDX and USDX) continue to face abnormally high borrowing rates with no repayment activity. As an on-chain P2P lending protocol, Lista Lending has been actively communicating with both teams to resolve the current issues. Continued inaction and delays will not solve the problem. We urge MEV Capital and Re7 Labs to immediately take responsibility: finalize decisions, communicate transparently, and work with us to protect user interests and restore market balance." PancakeSwap reposted this post and added: "Our team has also noticed the situation involving the affected vaults and is closely monitoring developments. Please check and monitor your positions involving these vaults on PancakeSwap. We will continue to monitor the latest developments and share relevant information as necessary."
According to its official blog, Coinbase Europe Limited has reached a settlement with the Central Bank of Ireland (CBI) regarding coding errors that affected transaction monitoring in 2021 and 2022. The settlement stemmed from certain technical coding errors that occurred during Coinbase's monitoring of cryptocurrency transactions in 2021 and 2022. The CBI used Coinbase's average annual revenue of €417 million from 2021 to 2024 as a benchmark for calculating the fine, ultimately resulting in Coinbase paying a fine of €21.5 million in this settlement.
Four hours ago, an unknown group sold 7,066 ETH on the blockchain for 23.945 million DAI.
According to on-chain analyst Yu Jin, four hours ago, an unknown group sold 7,066 ETH for 23.945 million DAI on-chain, at an average price of $3,389. This group appears to have taken some evasive actions to avoid detection. Two days prior, they used dozens of wallets to withdraw ETH from the Bitget and HTX exchanges in multiple small transfers, approximately 150 ETH ($490,000) per transaction. After these transfers, the funds were consolidated into five wallets for the sale.
Justin Sun withdrew 45,000 ETH from AAVE today and deposited them into Lido for staking.
According to Arkham's monitoring, this morning Justin Sun withdrew 45,000 ETH (worth $154.5 million) from AAVE and deposited it into Lido for staking. Previously, he held Ethereum worth $534 million in his public wallets, even exceeding the value of his TRX holdings ($519 million).
Wintermute: Liquidity drives cryptocurrency cycles, but inflows have now stopped.
Wintermute posted on the X platform: "Liquidity drives the cryptocurrency cycle, but inflows have now stopped. Since the beginning of 2024, the size of stablecoins, ETFs, and the digital asset treasury has increased from $180 billion to $560 billion, but the growth momentum has slowed. Funds are rotating internally rather than entering new markets, which has led to a rapid decline in gains and a continued narrowing of market breadth. When any of these three channels of inflows accelerates again, liquidity will flow back into the digital asset space. Until then, cryptocurrencies will remain in a self-funding phase."
GoPlus: The creator of the Meme coin "Binance Life" only actually profited $4,000.
According to a post on the GoPlus Chinese community, the creator of the BSC-based MEME coin "Binance Life" only profited about $4,000 from the project, missing out on the opportunity to reap huge profits when the token's market capitalization reached a potential $500 million. Reportedly, after deploying the "Binance Life" token on October 4th, the creator, following his usual "flooding" strategy, cleared out all his tokens in two transactions within 20 seconds, profiting approximately $4,000. However, a few hours later, the token suddenly surged, reaching a market capitalization of $500 million, with a daily trading volume of $410 million. Spurred by this success, the creator subsequently created 359 tokens in the following period, averaging 51 per day, including 292 Chinese MEME coins similar to "Binance Alipay" and "Binance Avenue," attempting to replicate the success of "Binance Life," but none of these yielded significant returns.
According to Cointelegraph, Robinhood's Vice President of Finance and Strategy, Shiv Verma, responded to questions about the company's potential cryptocurrency purchases and holdings during Wednesday's Q3 earnings call. He stated that the company has been considering this for a long time, and as a significant player in the crypto space, they want to align with the community and welcome active customer participation, but must balance shareholder interests. While including cryptocurrencies like Bitcoin on the balance sheet would strengthen community identity, it would tie up capital, and the company currently has priorities such as developing new products and engineering investments. Furthermore, shareholders can trade cryptocurrencies directly on the platform, and the company should not make decisions on their behalf. Current management...
