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India’s CoinDCX has restricted the opening of new futures positions after a Binance security incident disrupted a key liquidity provider. The exchange said deposits, withdrawals and customer funds remain unaffected, while Moneyiar data showed mixed performance across selected crypto assets.
Institutional crypto investors are withdrawing funds from exchanges following a multibillion-dollar hack involving Binance, according to CoinDesk. The move suggests that concerns over the breach may be spreading across the wider centralized crypto-exchange sector.
Strategy posted a record $20.91 billion in third-quarter operating income as Bitcoin’s rebound increased the marked value of its holdings. Revenue declined, while negative Bitcoin-per-share growth and preferred-dividend obligations continued to pressure the company’s financing strategy.
Polymarket temporarily halted trading after saying a compromised third-party provider caused a major Predictions Trading API outage. Users reported that positions were sold without authorization, while the company said affected users would be compensated and referred the matter to law enforcement.
Polymarket restricted trading and paused relayer actions after users reported unauthorized withdrawals. The platform said a compromised third-party provider was involved, while researchers linked a suspicious script and wallet holding about $2.65 million in POL.
Crypto groups have spent about $176 million on more than 100 U.S. midterm races, yet only 13% of surveyed Americans consider candidates’ support for crypto and DeFi very important. Voters show greater interest in keeping financial-technology development in the United States.
Kalshi has completed a $1 billion Series G funding round at a $40 billion valuation, while reporting more than $1 billion in annualized non-sports revenue. The prediction-market operator is also expanding partnerships as it faces US legal challenges over sports contracts.
The U.S. Treasury sanctioned 10 people and one company over alleged cryptocurrency laundering tied to North Korean fake IT workers. The designations include two Russian intermediaries accused of converting millions of dollars in crypto and transferring proceeds linked to the regime’s weapons programs.
Switzerland’s first genuine spot bitcoin ETF is set to have international access through SIX Swiss Exchange, potentially opening the product to overseas banks and brokers. FINMA has addressed its approval, while future ether and solana ETFs remain under discussion.
Polygon Labs is bringing its Open Money Stack stablecoin payments infrastructure to Solana. The system gives businesses one connection for bank, card, cash and crypto funding, cross-chain transfers and payouts, while Kira is among its first users.
Chainalysis traced cryptocurrency flows allegedly used by North Korean IT workers, identifying Russian intermediaries and the sanctioned exchange Garantex. US authorities sanctioned 10 individuals and one entity, citing crypto conversions linked to weapons-program funding.
Hedge funds and banks sold about 68,000 Bitcoin of ETF exposure as the returns from an ETF-futures arbitrage trade narrowed. Sovereign wealth funds, wealth managers and other investors bought instead, while Bitcoin ETF inflows helped erase October’s earlier outflows.
A new Ipsos survey found that 22% of U.S. adults have ever used crypto, up from 18% last year, but past-year use stayed at 13%. Most of the increase came from lapsed users, while trust in exchanges and knowledge of DeFi remain low.
A Galaxy Research report found that nine hedge funds and banks drove most institutional selling in U.S. spot Bitcoin ETFs, while wealth platforms and sovereign funds bought. The shift largely reflected weaker cash-and-carry returns as the futures premium over Treasury bills narrowed sharply.
A DBS-commissioned EY survey found that 88% of large-company finance leaders are using or testing tokenized money. Stablecoins lead planned or current use, while faster cross-border payments and liquidity management are key motivations despite regulatory and integration hurdles.
Coinbase said an incident at analytics provider Amplitude exposed contact data belonging to a small subset of customers. The exchange said its own systems were not breached, funds were safe, and it was notifying affected customers and regulators.
Coinbase says a data incident at analytics provider Amplitude exposed contact information for a small subset of customers, but the exchange detected no unauthorized access to its systems and said customer funds remain safe.
Zcash’s community is divided over whether to end, reduce or preserve developer funding as its grants program holds more than $125 million. The dispute follows rising ZEC prices, stronger privacy-transaction activity and growing institutional exposure to the cryptocurrency.
