Crypto News

Sui’s v1.83.0 devnet release introduced Protocol Version 140, followed by the v1.83.1 testnet release with further updates for Move, validators, full nodes and APIs. The Sui upgrade adds bulk vector operations and lets Move functions return references for use in programmable transaction blocks (PTBs). For mainnet, insufficient object-fund withdrawals will fail during execution with a Move abort. Transaction effects will no longer report dependency data, while object-version and per-object previous-transaction metadata remain unchanged. Other changes include validator limits on the rate of user-transaction data proposed to consensus, more resilient checkpoint syncing, and gRPC and GraphQL improvements to pagination, subscriptions and error reporting. The technical upgrade may improve network and developer-tool reliability, but it includes no announced token-economic changes.

On October 31, the FBI attributed the theft of more than $6 billion from Binance to North Korean actors linked to the TraderTraitor operation. The FBI, US Secret Service and IRS Criminal Investigation urged crypto exchanges, node operators and DeFi platforms to block transactions involving 628 listed wallets: 19 Bitcoin addresses, one Solana address and 608 Ethereum addresses. Chainalysis reported that about $2.8 billion had been frozen, while more than $500 million moved through over 1,000 TRON addresses. It also tracked laundering activity expanding to Solana, raising concerns about cross-chain flows and security across crypto infrastructure. The Binance theft has prompted calls for stronger monitoring, but tracing, freezing and recovering funds are separate processes and can take time. The FBI’s attribution is an official law-enforcement finding, not a public court judgment against named individuals. The full investigative record is not public, and the reported loss may change. The announcement also does not show that every wallet or service later touched by the funds knowingly aided laundering. Traders should monitor new wallet identifiers, court filings, seizures and platform updates, while distinguishing confirmed developments from unresolved questions.

AI inference platform Fal raised $1.3 billion in a Series F round in October 2026, valuing the company at $16 billion. The round, led by Bessemer Venture Partners, included Nvidia, Sound Ventures, HOF Capital and T. Rowe Price. Fal had raised $350 million in its Series E in April, led by Sequoia Capital; some reports put combined Series E and F fundraising at $1.65 billion. Fal’s valuation doubled from $8 billion in April and rose from $4.5 billion in December 2025. Its annualized revenue was reported at about $800 million by September, implying a valuation of roughly 20 times that figure. Fal provides computing infrastructure for businesses running generative image, video and audio models, with clients including Adobe, Canva and Shopify. CEO Burkay Gur said Fal restricted customer access during a summer demand surge because capacity was limited. The company plans to use the new capital to expand computing capacity and hire staff. The funding highlights investor appetite for AI infrastructure, but Fal is not a cryptocurrency project and the news has no clear direct implication for crypto-token prices. Traders should treat it as a technology-sector development rather than a direct crypto market catalyst.

Cross River Bank is working with Offchain Labs, the company behind Arbitrum, to build a loan-tokenization platform on Arbitrum One. The bank plans to tokenize loans at origination, recording funding, ownership transfers, payments and servicing on a shared blockchain ledger. Borrowers would keep using existing interfaces, while ZeroDev provides embedded wallets for blockchain interactions. Cross River would remain the regulated lender, responsible for underwriting, compliance and risk management. The partners have completed a proof of concept and are targeting a production launch in early 2027. They have not disclosed lending volumes, commercial commitments or revenue-sharing terms. The project could expand institutional access to onchain credit, but it does not establish direct demand for ARB: Arbitrum One fees are paid in ETH, and no ARB purchases were announced. Separately, Cross River has agreed to buy up to $250 million in Figure’s crypto-backed loans. The loan-tokenization project remains under development, with no immediate effect on lending markets or crypto trading.

Ethereum remains under bearish pressure as its recovery attempts have failed to reverse the downtrend. Earlier, ETH was rejected near $2,520 and fell below key support around $2,360–$2,320. The latest analysis shows Ethereum has also lost its daily ascending channel and remains within a descending four-hour channel, with resistance at $2,440–$2,520. Near-term support is now around $2,170–$2,220. A sustained break below it could expose $2,000 and the broader $1,820–$1,980 demand zone. Liquidation heatmaps show estimated clusters around $2,150–$2,200 and $2,000–$2,050, which may increase volatility but are not guaranteed price targets. To improve its outlook, ETH needs to reclaim $2,300–$2,310 and break out of the descending channel. The earlier analysis also noted that Iran–US tensions could add risk-off pressure, but did not establish them as the cause of Ethereum’s decline.

About 3,600 SOL stolen from Binance reached a HitBTC hot wallet at 16:51 Beijing time on 3 November, blockchain monitoring firm Salus said. The Binance-stolen SOL was routed through multiple paths using automated scripts and a peeling-chain pattern; the later report also described cross-chain transfers. Salus noted that HitBTC has appeared in routes linked to other major crypto thefts. It estimated that about $22 million in illicit funds had flowed to HitBTC by July, including at least $3.68 million linked to a North Korean laundering network in the Bybit hack. Salus said requests for cooperation received little response. Stolen funds are often moved through instant-swap services, smaller exchanges and over-the-counter desks. The reports do not say whether HitBTC froze the SOL or whether any of it was sold. The transfer raises security and compliance concerns, but no direct market impact was reported.

ARK Invest bought about $17 million in Coinbase and Circle shares across October 30 and November 2, while selling roughly $8 million in Bullish shares. Across ARKK, ARKW and ARKF, the firm bought 64,208 Coinbase shares and 110,551 Circle shares. It also purchased about $646,000 in Robinhood shares. The trades indicate selective positioning in crypto-related stocks, not a broad increase in crypto exposure. Circle accounted for 4.4% to 5.9% of three ARK fund portfolios, according to disclosures. The purchases came as crypto stocks faced pressure following reports of a $6.3 billion Binance security breach. On November 2, Coinbase fell 3.98% to $137.83, Circle slipped 0.63% to $72.08 and Bullish dropped 5.7% to $22.54. Robinhood fell 1.4% to $83.80. Coinbase reported third-quarter net income of $719 million, while transaction revenue declined 44% year over year. Circle was due to report earnings on November 4; much of its revenue comes from interest on USDC reserves. For traders, ARK’s buying may indicate longer-term confidence in Coinbase and Circle, but these stock purchases do not establish a near-term view on crypto prices or represent direct token buying. The reported breach and related withdrawals remain sources of uncertainty for crypto-market sentiment.

Binance has missed its scheduled November Luna Classic (LUNC) burn, the first interruption since the exchange began burning half of its LUNC trading fees in March 2023. The missed LUNC burn removes an expected source of token-supply reduction, but Binance has not confirmed why it was delayed or linked it to the reported $6.3 billion hack attributed by the FBI to North Korea-linked group TraderTraitor. Terra Classic community member Pedro “Vegas” said Binance may be moving LUNC to a more secure wallet before resuming burns, while another contributor suggested the delay could be operational. Binance has not verified these explanations or responded to a request for comment. LUNC fell 7.9% over the week to $0.0000417 and remains about 99.99% below its all-time high. Traders may watch for an updated LUNC burn schedule, as well as changes in price and trading volume; broader concerns include limited products, weak marketing and governance challenges.

Crypto groups and companies spent about $176 million on more than 100 US congressional races ahead of the November 3 midterm elections, aiming to influence cryptocurrency regulation. Fairshake and affiliated committees accounted for about $150.8 million through October 20, while other crypto groups spent a further $25 million. Major backers named in the reporting included Coinbase, Ripple and Andreessen Horowitz. The spending has not secured progress on the industry’s key legislative priority: the CLARITY Act, which would clarify rules for crypto exchanges and digital commodities and define SEC and CFTC oversight. A Senate procedural motion to advance debate failed 49-50 on September 15, short of the 60 votes required; it was not a final vote on the bill. Disputes over ethics, safeguards and regulatory authority have stalled talks. The elections could influence future crypto policy, while the SEC continues developing rules. For traders, the political spending signals sustained efforts to shape regulation, but the stalled bill leaves the outlook uncertain.

China and Oman have agreed to deepen digital yuan and cross-border payment cooperation, alongside a five-year currency swap worth up to 30 billion yuan, matched against 1.5 billion Omani rials. The agreements were signed in Beijing by People’s Bank of China Governor Pan Gongsheng and Central Bank of Oman Governor Ahmed bin Jaafar Al Musalmi. The swap is intended to strengthen monetary cooperation and support cross-border settlement, while a memorandum covers digital payments and legal digital currencies. The digital yuan agreement does not specify a launch date or technical details. It also makes no reference to mBridge, so it does not confirm that Oman will join the CBDC platform. The update follows reports that Saudi Arabia stopped participating in mBridge in May 2025, reportedly in line with the project’s roadmap. Figures cited in the later report say mBridge has processed more than 4,000 transactions worth about $55.5 billion, with the digital yuan accounting for around 95% of settlement volume. The deal supports China’s broader effort to expand the digital yuan’s international use, but is unlikely to have a material short-term effect on crypto prices.

Binance says it has covered more than 95% of the roughly $6.34 billion stolen in the hack, using $581 million from its Secure Asset Fund for Users (SAFU), about $425 million from its Futures Insurance Fund and corporate reserves. The exchange says customer assets are safe, deposits and withdrawals have mostly returned to normal, and it will use over-the-counter purchases to cover the remaining assets, which are harder to source on public markets. Binance plans to replenish SAFU to $1 billion but has not published an audited breakdown of the funds set aside. Binance began phased withdrawals on 1 November, initially supporting assets including BTC, ETH, USDT, USDC, ZEC and XRP across 15 networks. High traffic may cause delays as more networks are restored. By 2 November, customers had withdrawn a net $4.72 billion—about 3% of exchange assets—with most withdrawals reportedly in USDT. Separately, roughly $3 billion frozen by Binance partners is not included in its coverage figure and will be handled through legal channels. The FBI attributed the attack to North Korea-linked TraderTraitor, an allegation Pyongyang denies. Blockchain investigators said the theft took about 20 minutes and crossed 10 blockchains. The incident keeps attention on centralized-exchange security and may affect trader confidence, even as Binance says user funds are backed.

Bitcoin fell about 1.7% on Monday, slipping below $77,000 after failing to hold a brief rise to $78,750 and breaking through resistance near $78,500. The decline came despite a sharp drop in oil prices: WTI fell more than 7% to a low of $95.15 a barrel, while Brent dropped about 9%, as hopes grew for a diplomatic resolution to the US-Iran conflict. Bitcoin’s muted response suggests broader risk-market concerns are outweighing relief from lower oil prices. Traders are watching the $76,000–$76,600 Bitcoin support zone, which QCP Capital said has prompted four reversals since September. A sustained break below it could bring the 50-week moving average near $75,700 and the 200-day average around $73,100 into focus. A daily close above $79,500 would improve the near-term technical outlook and could help BTC recover a lost trading range. US midterm uncertainty, stock-market volatility and concerns about technology companies’ AI spending—including upcoming Apple and Palantir earnings—are also weighing on sentiment.

Binance co-CEO Yi He said the exchange detected and blocked 57 suspected North Korea-linked cyberattacks in 2026. The tactics included fake job interviews, malicious developer tools and software packages, compromised browser extensions, fake video-conferencing apps, credential theft and remote-access malware. The disclosure reiterates details from Binance’s initial report on an October 29 security incident, rather than announcing a new investigation. The incident affected about $6.34 billion in digital assets; roughly $2.85 billion was frozen or intercepted, and around 98% of affected tokens have been replenished, with Binance covering the shortfall. Withdrawals, paused after the breach, resumed in phases on November 1. The FBI attributed the attack to North Korea’s TraderTraitor unit, while North Korea denied involvement. For traders, the Binance incident highlights exchange security and software supply-chain risks, but the latest disclosure does not indicate a change in market fundamentals.

Mercado Bitcoin says about $36.3 million in assets were affected by a security incident, with $12.9 million frozen so far. That is up from the $11 million freeze reported earlier, and efforts to secure more assets are continuing. The exchange and its app remain offline until Mercado Bitcoin confirms they are safe to restore. The company says customer assets are protected and account balances remain recorded. The outage and security incident could weigh on confidence in the exchange, though no specific cryptocurrency price impact was reported.

Iran negotiations have made no new progress, Iranian Foreign Ministry spokesperson Esmaeil Baghaei said. The parties continue to exchange information through mediators, while Tehran says its defence readiness remains at the highest level. Baghaei also said past experience has left Iran doubtful about the US commitment to diplomacy. The Iran negotiations remain unresolved, adding to regional geopolitical uncertainty. The statements do not directly mention crypto or market activity, so any effect on crypto sentiment is indirect rather than a clear trading signal.

NEAR fell about 7% on November 3 to around $3.82, extending its weekly loss to roughly 13%, despite community approval of a token issuance cut. The price action suggests the NEAR tokenomics change has not yet eased near-term selling pressure or improved market sentiment. HSP-029 received about 99.9% of participating voting power, with approximately 3.28 million veNEAR voting in favor. It proposes gradually reducing NEAR’s maximum annual issuance rate from 2.5% to 1.6% over two years. The cut is projected to keep about 11.8 million NEAR out of circulation over two years and 66.1 million over six years, potentially reducing long-term dilution. However, gross staking yields are also expected to decline from about 5.2% to 3.3%, assuming other conditions remain unchanged. The NEAR issuance change is not yet in force. It must clear a 14-day Security Council veto window and subsequent ratification, followed by a 90-day grace period; validators must also adopt a protocol upgrade. For traders, reduced supply growth could support NEAR over the longer term, but lower staking rewards and persistent selling pressure may weigh on the token in the near term. The eventual price impact will depend on market conditions, demand and holder response.

Binance says hackers used fake job interviews to compromise employee devices and steal cryptocurrency. Reuters reported that Binance did not disclose when the attacks occurred, how much was stolen or which assets were affected. The later account adds that recruitment messages, coding tests and software downloads may be used to gain access to staff systems, though it gives no further details about the devices involved. The incident highlights cybersecurity risks for crypto exchanges. Traders should watch for official Binance updates, but no direct impact on a specific token has been confirmed.

Meta is returning to the dollar bond market after six months to help fund its artificial intelligence infrastructure. The company plans to raise at least $20 billion across US and European markets, with a separate report putting the dollar bond offering at $15 billion. The sale is divided into five tranches, with maturities of five to 30 years; initial guidance for the longest-dated bonds is about 2.5 percentage points above US Treasury yields. Citigroup and Morgan Stanley are underwriting the issue. Meta raised $25 billion in April, when peak orders reached $96 billion. Since then, demand for AI-related debt has cooled and investors have sought higher yields to offset risk. The bond sale highlights the scale of AI spending in the tech sector, but has no direct link to cryptocurrency prices.

Bitcoin is nearing a fifth consecutive weekly decline, with its price falling from about $87,000 to around $76,500. CoinDesk’s snapshot put Bitcoin at $76,924.58, down 1.37%; another weekly loss would tie its joint third-longest losing streak. Caution ahead of the US midterm elections is weighing on risk-sensitive assets as investors assess possible effects on economic policy and crypto regulation. Pressure has also come from the tech sector. Apple warned that higher memory-chip costs and spending on AI services could squeeze margins. Its shares fell in premarket trading despite stronger-than-expected quarterly results, renewing concerns about returns on big technology companies’ AI investments. Rising oil prices and US-Iran tensions have added to market uncertainty. WTI crude approached $98 a barrel and Brent rose above $106, stoking inflation concerns and potentially reducing expectations for interest-rate cuts. The earlier report also said the US carried out limited airstrikes on Iran’s Qeshm Island after Iran’s Revolutionary Guard reportedly fired on a US aircraft. These developments are weakening risk appetite and leave Bitcoin exposed to further volatility in the near term.

Aztec, an Ethereum layer-2 network focused on privacy, has launched Tierra (Alpha V6), fixing a critical vulnerability in its previous version and strengthening security with AI-powered testing and formal verification of core cryptographic components. Aztec says private transaction proofs now take about one second to generate on standard devices—twice as fast as before—while Ethereum-to-Aztec message delivery has fallen from an average of two minutes to as little as 12 seconds. The upgrade accompanies the launch of privacy-focused apps, including zk.money for payments, Galactica for private AI inference, Nemi for private perpetuals trading, and Nulo and Rolling Chat. Aztec has more than 3,000 validators and has raised $17 million. The improvements could support adoption of Aztec and Ethereum privacy applications, but no direct ETH price impact has been established.

US-Iran nuclear talks reportedly involve concessions from both Washington and Tehran on nuclear issues and frozen assets, according to sources close to the mediation team cited by Al Jazeera. Mediators have briefed Saudi Arabia and the United Arab Emirates on a memorandum of understanding, and both countries reportedly support it. The report does not detail the concessions or confirm that the parties have signed an agreement. Progress in US-Iran nuclear talks could ease geopolitical concerns, but crypto traders will be watching for official confirmation and any changes to sanctions or regional tensions. No direct effect on cryptocurrency prices is established.

AI earnings season is drawing attention beyond NVIDIA to the broader artificial intelligence supply chain. NVIDIA reported $89 billion in quarterly data-center revenue, more than double the year-earlier level, while Microsoft’s Azure and other cloud-services revenue rose 43% year on year. Investors are weighing whether AI demand can justify continued infrastructure spending. Other AI earnings and business updates offer clues across the sector. ASML reported €11.7 billion in third-quarter sales on 14 October 2026 and said customers raised equipment-demand forecasts, largely on expected AI investment. Micron reported record fiscal fourth-quarter results in September, with advanced-memory demand and prices remaining important factors. Schneider Electric cited sustained data-center demand in the first half of 2026, while Siemens Energy’s orders and project margins may indicate how AI-related electricity needs are driving power-generation and grid investment. For traders, AI earnings provide indicators of demand for chips, cloud computing, memory, data centers and power infrastructure. Orders, margins and spending plans will be important, but customer forecast changes, memory-price volatility and project delays remain risks. The reports have no direct impact on a specific cryptocurrency; any effect on crypto markets would likely come indirectly through broader technology-sector sentiment and risk appetite.

Binance recorded about $1.6 billion in net inflows over 24 hours in an earlier report, reversing a daily net outflow peak of roughly $7 billion. Updated DeFiLlama data put the latest Binance net inflow at about $1.36 billion, with tracked on-chain assets of approximately $128.13 billion, up from an earlier estimate of $127.7 billion. However, Binance still recorded net outflows of $11.97 billion over seven days and $10.70 billion over 30 days. The daily inflow rebound suggests a short-term shift in exchange flows, but Binance net inflows alone do not show whether traders intend to buy or sell. The broader figures indicate that withdrawals remain substantial.

US President Donald Trump said a strike on Iran the previous night was “very successful”, while telling Fox News on 3 November that he did not want to cause large numbers of Iranian deaths. He added that further action could be unavoidable and said the US approach to Iran after the midterm elections remained uncertain. The comments keep the risk of US-Iran military escalation in focus. Such geopolitical uncertainty can prompt risk-off trading in crypto markets, but the reports cited no specific market reaction.

Binance recorded about $2.3 billion in net inflows over 24 hours, reversing more than $7 billion in outflows the previous day, according to DefiLlama. The rebound followed a $6.3 billion theft and a temporary pause in withdrawals for security checks. Binance gradually restored withdrawals and said hourly deposits had again exceeded withdrawals. It reported that about 95% of affected assets had been replenished; the remaining 5%, made up of less liquid tokens, will be bought back over time. Binance said company funds and its SAFU user protection fund would cover the losses, not customers. The FBI attributed the attack to North Korea, which denied involvement. The return to positive Binance flows may indicate easing user concerns, but traders will be watching withdrawal access, asset replenishment and reserve transparency to assess whether confidence can last.

Binance began restoring withdrawals in phases on November 1, three days after a reported $6.3 billion hack. Customers withdrew $4.65 billion and deposited $1 billion, leaving a net outflow of $3.64 billion. Binance says it has replenished about 95% of affected funds through its SAFU fund, corporate reserves and futures insurance fund. It says there is no evidence that wallet private keys were exposed, but has not explained the additional breach points it identified. The FBI attributed the attack to North Korea’s TraderTraitor group; US President Donald Trump questioned that finding, and North Korea denied involvement. The stolen assets continue to move through thousands of scripted transactions and cross-chain services such as THORChain and Relay. Authorities and stablecoin issuers froze about $2.7 billion to $2.84 billion, according to the two reports. The FBI also urged crypto services to block transactions linked to the theft, while THORChain co-founder JP Thor opposed halting the protocol, citing decentralization. RUNE rose 13% amid expectations of increased swap activity. The hack renewed concerns about Binance security, cross-chain laundering and customer confidence. The earlier report said Bitcoin fell to about $76,500 before recovering to $77,745, with BTC and ETH holdings linked to the attackers raising concerns about potential selling pressure. The incident also unfolded amid other reported crypto security breaches, including losses at Bitget, CoinDCX and Mercado Bitcoin, BTCPay wallet sweeps and a Chainalysis data breach. These developments may keep traders alert to exchange outflows, asset freezes and further security disclosures.

Recent incidents at Bybit, Bitget and Binance reportedly exploited trusted access points, including employee devices, third-party tools and internal systems. Coinbase and Keystone disclosed breaches that could enable targeted scams or weaken confidence in hardware-device verification, while Ledger-related supply-chain concerns highlight risks beyond software and private keys. The newer account also points to offline signing and checking devices before use as additional safeguards. Crypto product security depends on the full trust chain. Users should consider who controls private keys, how much personal data a product collects, and whether its security is independently reviewed and continuously tested. Non-custodial wallets reduce reliance on custodians but leave users responsible for recovery phrases and transaction checks. Open-source code, audits, bug bounties and transparent incident disclosures can help, but no measure guarantees safety. The article cites imToken’s non-custodial design, audits and offline-signing options as examples. For traders, these incidents underline the importance of assessing crypto product security across the entire system, rather than focusing only on key exposure.

Bitcoin fell about 2.2% to $76,455 on November 3 after failing to hold above $78,000. US spot Bitcoin ETFs recorded about $1.04 billion in combined net outflows on October 30 and November 2. BlackRock’s IBIT saw $405.3 million leave on November 2, its largest daily outflow since June. ETF redemptions do not necessarily mean immediate spot-market selling, but the withdrawals suggest weaker institutional demand. Ethereum ETFs also recorded $140 million in outflows. Bitcoin is testing support around $76,300–$76,500. A sustained move below $76,000 could put $75,000 and the $73,000–$75,000 demand zone in focus; a break below $73,000 could expose $70,000. To improve its near-term outlook, Bitcoin needs to reclaim $78,000–$78,500, with resistance near $80,000. Technical signals remain weak, with the daily RSI at 34.26 and the MACD in negative territory. About $88.83 million in Bitcoin positions were liquidated over 24 hours, mostly longs. ETF outflows, technology-stock weakness and uncertainty around a reported Binance security breach have weighed on sentiment. The US midterm elections on November 3 and the jobs report due November 6 could add volatility by shifting expectations for Federal Reserve rates. Bitcoin’s near-term direction will depend on whether buyers defend support and institutional outflows ease.

XRP traded near $1.25 on November 3 after falling about 16.5% over the previous month, while new wallet creation offered a sign of stronger network activity. Santiment reported 7,934 new XRP Ledger wallets on November 1, the sixth-highest daily total of 2026. However, wallet growth does not necessarily indicate new buyers, as existing users may create additional addresses. US demand indicators remained weak. The Coinbase Premium Index fell to around -0.16%, an eight-month low. Spot XRP ETFs recorded $529,510 in net outflows on November 2, although October flows remained positive at $18.83 million, down from $121.40 million in September. Cumulative ETF inflows stood at about $1.81 billion. XRP’s daily trading volume was roughly $1.35 billion, with a market value of about $79.42 billion. Traders are watching $1.20–$1.23 as support and $1.27–$1.30 as resistance. A four-hour close above $1.27 could support a recovery, while a break below $1.23 may increase selling pressure. Until wallet growth is accompanied by stronger US demand and renewed ETF inflows, rising XRP network activity alone may not be enough to reverse the weak price momentum.