Live Feed

Bitcoin’s active address count has fallen 43% over about two years, while transfer volume is down just 5.4%, according to an analysis by on-chain analyst Axel Adler Jr. Adler said the 30-day moving average of Bitcoin active addresses stood at 629,000 as of Nov. 1, down 43% from a peak of 1.1 million in December 2024. The figure also fell 1% over the past week. Adler noted that in 2018, active addresses dropped 50% in three months, whereas the current decline of a similar scale has unfolded gradually over about two years. The current active address count is around 10% below the annual average of 702,000, and a recovery to that level would signal network activity has begun to move above the average seen over the past year. By contrast, the 30-day moving average of Bitcoin’s daily transfer volume slipped only 5.4% to 819,000 BTC from 865,000 BTC on Dec. 10, 2024. Although it fell 2.5% over the past week, it still remains 5.5% above the annual average of 776,000 BTC, suggesting the drop in actual Bitcoin transfer volume has been limited compared with the decline in active addresses.

South Korean crypto exchange Bithumb announced it will temporarily suspend deposits and withdrawals for NEAR at 12:00 a.m. UTC on Nov. 4 due to a network upgrade for Near Protocol (NEAR).

Profits from investing in U.S. stock-linked perpetual futures through overseas crypto exchanges will be subject to an 11% tax starting next year, Maeil Business Newspaper reported in an exclusive. According to the report, South Korea’s Ministry of Economy and Finance has decided to classify U.S. stock-linked perpetual futures as overseas equity derivatives and include them in the capital gains tax base. The products, derivatives tied to U.S. stocks, began emerging in earnest this year, while no clear taxation policy had previously been set. The report said the 11% rate is half the 22% tax applied to overseas spot stocks. Taxes will be imposed on the amount remaining after a basic deduction of 2.5 million won from annual profits.

Amazon Web Services has published a system architecture blueprint for building centralized cryptocurrency exchanges on its cloud through its official blog. Based on AWS’s experience supporting actual exchange builds, the design serves as technical guidance for companies developing exchanges. The blueprint outlines how to structure systems for fast order processing as trading volumes rise, while also safeguarding customer assets and managing trading data in line with audit requirements. AWS said a core challenge in building an exchange is balancing faster order execution with resilience against outages.

South Korea’s Financial Services Commission on Nov. 2 urgently called in domestic crypto exchanges and urged them to build additional reserves following the Binance hacking incident, SBS News reported. The FSC focused its review on access controls for local virtual asset service providers’ computer systems, as well as approval and signing procedures for wallet withdrawals, including hot wallets. It also instructed exchanges to raise the share of assets held in cold wallets not connected to the internet to help prevent breaches similar to the Binance case. Under the current Virtual Asset User Protection Act, virtual asset service providers must keep at least 80% of customer-deposited assets in cold wallets, although the ratio varies by company.

China’s foreign ministry said it is unaware of the situation regarding a U.S. claim that North Korea was involved in the $6.3 billion Binance hack, China Fund News reported today. Chinese foreign ministry spokesperson Mao Ning made the remark at a regular briefing in response to a question from a Yonhap News Agency reporter, according to the report.

Binance announced that it now supports fiat withdrawals for 28 currencies, including USD, AED, VND, PHP and IDR. The supported fiat currencies are USD, AED, VND, PHP, IDR, JPY, VES, BRL, MXN, ARS, BHD, KZT, EUR, CHF, CZK, HUF, KWD, PLN, RON, SEK, CDF, KES, SLE, UGX, XAF, XOF, ZMW and KGS.

Bithumb announced it will temporarily suspend deposits and withdrawals of Polygon Ecosystem Token (POL) at 11:00 a.m. UTC on Nov. 3 to support a network upgrade.

Privacy-focused blockchain COTI said via its official X account that digital asset platform Uphold has begun supporting COTI trading. Uphold users can now buy COTI with cards and bank account transfers in more than 140 countries, including the U.S. and UK.

North Korean hacking group TraderTraitor is using artificial intelligence to identify companies vulnerable to large-scale cryptocurrency theft, Bloomberg reported. TraderTraitor was recently identified as the group behind the theft of $6.36 billion worth of cryptocurrency from Binance. According to cybersecurity experts, the group uses a "Big Game Hunting" strategy focused on companies rather than individual investors, seeking larger hauls. Park Sung-soo, an executive at cybersecurity firm Zscaler, said TraderTraitor studies the internal systems of crypto companies and then manipulates infrastructure or fund-transfer processes to carry out large-scale theft. Park added that recent advances in AI tools have made it much easier to learn the skills needed for such attacks and have significantly increased the speed of those attacks. Nick Carlsen, a senior investigator at blockchain analytics firm TRM Labs, said TraderTraitor’s recent tactics suggest the group is making significant use of AI. Carlsen said the hackers lure employees with access to core corporate systems by offering attractive job opportunities, adding that social engineering to deceive people and gain an opening for infiltration is their main attack method.

An anonymous whale has continued depositing SOL to exchanges, according to Lookonchain. Over the past 10 days, the whale transferred a total of 1.49 million SOL worth $149 million to multiple exchanges. Such exchange deposits are typically interpreted as intended for selling.

Multichain layer-one blockchain Creditcoin (CTC) unveiled its ecosystem expansion strategy for the CTC Chain and nine key projects at its ecosystem event, 'CTC Ignition 2026,' on Oct. 23, local time. The nine projects introduced at the event were Spacecoin (SPACE), Attestcoin, minicoin, Dungeoncoin, Shieldcoin, SpaceRouter Onion, DarkRouter, Penguin and Bryn. According to the announcement, the projects span four areas: core infrastructure, ecosystem applications, privacy infrastructure and user services. Together, they are designed to build out the chain, exchanges, wallets, connectivity and a verification layer to reduce fragmentation across services and deliver an integrated user experience aligned with the vision of an all-in-one blockchain ecosystem.

XRP fell 16% last month, marking its fourth-worst October since 2013, The Crypto Basic reported. Only three years saw steeper October declines: 2013 at 44.8%, 2018 at 22.9%, and 2024 at 16.6%. Looking at XRP’s November performance from 2013 to 2025, seven of 13 Novembers, or 53.8%, ended lower, with a median return of -9.1%. The average November return was +78.3%, but that drops to around -9% when excluding four years that posted triple-digit gains. In the eight cases when XRP fell in October, five times, or 62.5%, it also declined in November, while the other three cases all posted gains of more than 100%.

Cross-chain bridge protocol deBridge (DBR) said it has resumed deposits and withdrawals on BNB Chain (BNB), which had been temporarily suspended as a precaution against additional damage related to the Binance hack.

Moon Kyung-ho, head of the income tax policy division at the Ministry of Economy and Finance, said the government is considering a reasonable approach to virtual asset taxation that the public can accept and that can be implemented smoothly in practice, Edaily reported. Speaking at a forum held today at the National Assembly Library in Seoul and hosted by Democratic Party lawmakers Lee Kwang-jae, Min Byoung-dug, Park Min-kyu and Lee Kang-il, Moon said the government would listen to the views presented at the event and work toward a conclusion through close communication with relevant ministries and sufficient consultations with the National Assembly.

South Korean prosecutors have sought a 12-year prison term for the de facto operator of Queen Bee Company, the issuer of Queen Bee Coin, in a roughly 30 billion won ($21.5 million) fraud case, Digital Asset reported. At a closing hearing in the QBZ, or Queen Bee Coin, fraud case held at the 11th Criminal Division of the Seoul Southern District Court on Oct. 1, prosecutors asked for a 12-year sentence and forfeiture of 1.5 billion won for the operator, identified only by the surname Lee. Prosecutors also sought seven years for the company’s CEO, identified only as A, and nine years for Noh, former head of wallet service provider Hexlant. The defendants were indicted in July 2024 on fraud charges alleging they issued and listed the coin with no intent or ability to pursue coin-linked businesses, then distributed false promotional articles to swindle investors out of 30 billion won.

Holo said on X it has officially launched HoloFuel (HF), a payment token for its decentralized cloud computing network. HOT holders can install the Unyt accounting application, join the HoloFuel network, and convert their HOT into HoloFuel. HoloFuel can be used to pay for a range of products and services, including hosting, AI chatbots, digital identity verification tools, and mutual-credit-based accounting services. Holo also stressed that converting HOT into HoloFuel is a voluntary choice by users, and HOT held in Ethereum wallets or deposited into Ethereum smart contracts will not be burned.

The Financial Action Task Force urged countries again to restrict cryptocurrency transactions involving Iran over risks including terrorist financing, while also calling on Vietnam to establish rules for virtual asset service providers. In a statement on Oct. 30, the FATF said Iran still does not meet international standards related to countering terrorist financing and urged countries to restrict financial institutions and virtual asset service providers from entering Iran, block Iranian firms from setting up overseas branches, and prohibit new correspondent relationships. The FATF also decided to keep Iran designated as a high-risk jurisdiction. On Vietnam, the FATF expressed strong concern over the slow pace of improvements to its anti-money laundering regime, including regulations for cryptocurrencies and virtual asset service providers. The FATF said Vietnam has yet to carry out an improvement plan it was supposed to complete by May 2025 and said it would consider follow-up measures if the country fails to show clear progress by February 2027.

Cosmos contributors are preparing a public review process to revamp the economic structure of the native ATOM token and the Cosmos Hub product roadmap, NewsBTC reported. The related research and validation work is ready to move into the public discussion stage, and specific changes will later undergo governance review. The review will focus on three main areas: adjusting ATOM issuance rules, improving long-term staking incentives, and creating a mechanism to reflect future Cosmos Hub revenue in the reward system. Contributors plan to submit each change as a separate proposal so the community can review and vote on them individually. Information on the process is scheduled to be released around Nov. 20, with the review set to begin in early December.

Whale Alert reported that 3,000 BTC has been transferred from Binance to an unknown wallet. The transaction is valued at about $235 million.

Upbit announced it will temporarily suspend ALGO deposits and withdrawals starting at 11:00 a.m. UTC on Nov. 5 due to the Algorand network upgrade.

The spot CVD chart is an order book analysis chart for the BTC/USDT spot trading pair. The top panel shows the volume heatmap, while the bottom panel shows cumulative volume delta, or CVD. - The volume heatmap tracks trading volume at each price level. The background color becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter areas may act as support or resistance. - The CVD indicator shows buy and sell orders by order size. As buy orders increase, the line for the corresponding color rises. The yellow line reflects orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million, among other categories.

Jessie said Initia’s layer-1 network and rollups are back online and operating.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 49.66% long, 50.34% short - Binance: 50.49% long, 49.51% short - OKX: 50.82% long, 49.18% short - Bybit: 49.97% long, 50.03% short

Oh Se-jin, CEO of DigitalX, the cryptocurrency exchange acquired by Mirae Asset Group and formerly known as Korbit, has expressed his intention to resign, setting the stage for a broader management reshuffle centered on Mirae Asset, The Fact reported. According to the crypto industry on Nov. 2, Oh recently conveyed his intention to step down for personal reasons. Oh joined Korbit in 2019 and became CEO in January 2020, later securing three consecutive term renewals. His term had originally run through the end of 2028.