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Individual Bitcoin miners remain far from recovering meaningful profitability even as major mining companies pivot to AI data center infrastructure in search of higher returns, CoinDesk reported. Hosted mining platforms such as GoMining and SAZ Mining have recently expanded services that let retail investors rent or buy hashpower without installing equipment at home. In one example, a mining board developed by Jack Dorsey’s Block is selling for $4,187 per unit, with a $153 monthly maintenance fee and a 15% management fee. On-chain analysis showed that even assuming a BTC price of $83,000, annual net profit per board would be only about $633, meaning it would take more than six years just to recover the initial hardware cost. With the network’s total hash rate holding near a peak at about 1.09 ZH/s, the payback period would lengthen further when the fifth halving arrives in about 18 months, reducing the block reward to 1.5625 BTC. Experts warned that even if large mining firms shift to AI, existing ASIC equipment is being resold into the market and continues to fuel competition in network difficulty, adding that investors should not be swayed by daily mining payouts and should instead closely examine steep depreciation and maintenance costs.

Canton said CNTN tokenized stock could begin trading on TSV through the Tradecraft protocol as early as Nov. 2, with trading available 24 hours a day, seven days a week. The tokenized shares, issued by Fairmint, are expected to carry the same rights as Nasdaq-listed CNTN stock. All trades are expected to be settled atomically on Canton.

The U.S. crypto industry is pouring more than $200 million into congressional lobbying and the 2026 midterm elections as it seeks passage of the Clarity Act, a comprehensive digital asset regulatory bill that stalled in the Senate in September, CNBC reported. According to Public Citizen, virtual asset-related groups have formed the largest-ever single-issue super PAC coalition and ranked first in federal corporate political spending. The spending push is being led by Fairshake, a super PAC backed by Coinbase and Ripple. Fairshake has supported 33 House candidates across party lines, including 19 Republicans and 14 Democrats, while also spending $55 million in Ohio, the biggest Senate battleground, to defeat Democratic candidate Sherrod Brown, a longtime crypto critic.

Layer-1 blockchain Internet Computer said it has begun supporting Ledger hardware wallets in the NNS app. Users can view Ledger accounts and transfer or stake ICP, with each step approved on the device. To set it up, users can select "Ledger Device" in the settings menu and then add the device.

Origin Protocol said it has restored on-chain liquidity for OGN. The DeFi stablecoin protocol said the team withdrew liquidity on Ethereum and Base after confirming the attacker held OGN, in a move to limit on-chain selling. With liquidity depleted, the attacker sold OGN at an average price about 79% below the prevailing market price, according to Origin Protocol. Prices in the affected pools have since largely stabilized, the protocol added.

Nasdaq-listed Next Technology Holding (NXTT) has approved seeking authorization to fully sell or use as collateral its 5,833 Bitcoin holdings worth about $450 million, citing the Binance hot wallet hack and quantum computing risks, CoinDesk reported. NXTT, a Japanese software company, said in a filing on Oct. 31 that its board delegated authority to the CEO to carry out phased Bitcoin sales and collateralized borrowing against the holdings to reduce asset risk and secure liquidity. The company identified structural security vulnerabilities at exchanges and the long-term threat of quantum computers breaking encryption as reasons for the planned disposal, while adding its own assets were not directly deposited with Binance. NXTT bought 5,000 BTC in March 2025 through a share-and-warrant exchange at an average acquisition price of about $31,600, according to CoinDesk. The report added that the company’s current crypto holdings, valued at about $449 million, are more than 50 times its market capitalization of roughly $7.8 million.

Binance has begun formal talks with Malaysian financial authorities to obtain a license as it seeks to reenter the market, Bloomberg reported. The global crypto exchange said it is in close discussions with the Securities Commission Malaysia and the central bank on ways to meet regulatory requirements and offer legal crypto services and products locally. Malaysian authorities fully blocked access to Binance’s website and mobile app in 2021 over unauthorized operations and placed the exchange on a regulatory warning list.

Intercontinental Exchange, the parent of the New York Stock Exchange, officially reuploaded a revised announcement on its partnership with TradeXYZ, trade[xyz], to introduce perpetual futures products in the U.S. market. The updated notice replaced more definitive language with the more qualified phrase "plan to bring" and explicitly added that the launch is "subject to regulatory approvals."

Major global cryptocurrency exchanges are strengthening security systems to prevent follow-on exploits after Binance’s $6.3 billion hot wallet breach. Coinbase CSO Jeff Lunglhofer announced preemptive adjustments to the exchange’s core cold storage architecture to block potential risks. Coinbase Vice President Will Maxson added the company is upgrading phone security protections to stop account takeovers through real-time call-based attacks, amid a recent surge in social engineering tactics. Gemini also urgently introduced early-warning measures and withdrawal restriction rules to block suspicious fund transfers in advance. Kraken said it activated company-wide monitoring and that services remain operating normally.

Well-known crypto market analyst PlanB said BTC’s 50-week moving average and 155-day realized price were both around $75,000, adding that investors should not be misled by market noise at this point.

Aave said it has restricted new tBTC deposits and new borrowing against tBTC as a regular preventive measure tied to a tBTC maintenance update. Aave added that its smart contracts were not affected and existing positions remained unchanged, while users can continue to repay and withdraw as usual. New tBTC deposits and borrowing against tBTC will resume once the maintenance is completed.

On-chain order book-based interest-rate derivatives trading platform Rates Exchange announced it has secured a strategic investment from Coinbase Ventures, the venture capital arm of the largest U.S. cryptocurrency exchange. The investment amount was not disclosed. Rates Exchange said it provides infrastructure that allows DeFi and traditional finance participants to trade and hedge a range of interest-rate risks on-chain through a real-time order book. The platform currently supports its core interest rate swap, or IRS, service and plans to expand its derivatives lineup to include computing power swaps for compute trading, decentralized foreign exchange swaps, and fixed-rate equity options.

Short-term Bitcoin holders sent more than 36,600 BTC to exchanges over the past 24 hours as BTC fell toward $76,000 and tested support, a sign the market may be nearing a bottom, according to on-chain analyst Darkfost. Darkfost said exchange transfers from short-term holders whose positions had fallen into loss exceeded 36,600 BTC during the period. Inflows to Binance were also notable after the exchange faced negative fallout from a $6.3 billion hot wallet hack, with cumulative inflows over the past seven days reaching 45,400 BTC, the highest level in October. Darkfost said the sharp rise in loss-making BTC moving to exchanges suggests short-term investors are nearing their psychological limit in the recent volatile market. Darkfost added that, historically, large-scale capitulation by short-term holders has signaled that a correction is approaching an extreme bottom zone, and said short-term momentum could rebound after distressed selling is absorbed.

Crypto trader Doctor Profit said BTC could fall to $67,000-$69,000 if it loses support at $76,000. In an analysis posted on X, Doctor Profit said BTC recently fell below both the 50-day exponential moving average and simple moving average in the $80,000-$81,000 range amid a major hacking incident, but the broader bull-market price structure remains intact. Doctor Profit added that a break above $76,000 had been an important signal confirming the start of the bull market, so losing that level would deal a major blow to the uptrend. Even so, Doctor Profit said the latest decline appears to be a temporary digestion phase driven by large-scale forced liquidations and panic selling, and Doctor Profit remains confident the bull market will continue. Doctor Profit added that Doctor Profit is maintaining a BTC long position with an average entry price of $80,400, along with a spot position bought at $60,000.

Suspicion is spreading on X that Binance’s $6.3 billion hack may have involved an insider, though no concrete evidence has been presented, Bitcoin.com reported. Some traders questioned how the hacker was able to steal funds across 10 blockchains in about 20 minutes and argued an exchange insider may have been involved. The speculation intensified after Binance said it had recovered about 80% of the stolen assets, bought the remaining 20% on the market, and plans to release its proof-of-reserves, or PoR, results on Nov. 2. Some users said a reserve snapshot taken only after all stolen assets had been replenished would make it difficult to determine the actual scale of any funding shortfall at the time of the hack. Meanwhile, blockchain analytics firm TRM Labs assessed that the attack was likely carried out by TraderTraitor, a North Korea-linked hacking group. Binance said it had identified an additional attack vector, but found no evidence that wallet private keys were compromised and maintained that customer assets were unaffected.

Web3 security data infrastructure provider GoPlus (GPS) said on Oct. 31 that the official websites of Flap and Kintsu were hit by a DNS hijacking attack that redirected traffic to malicious clone sites. GoPlus said the domain registrar may have been compromised and that more than 10 domains, in addition to those of the two projects, were hijacked. Users who attempted to connect wallets on the clone sites were routed to malicious pages and prompted to sign transactions sending BNB to the attacker or approve ERC-20 token spending. Both the Kintsu and Flap sites have been restored, and Flap's alternative domain is also available, while the cause of the DNS hijacking remains under investigation.

A total of 1.223 million SOL, worth about $117 million, was deposited from the same anonymous address to Coinbase Prime about two hours ago, according to on-chain analyst EmberCN (@EmberCN). Exchange deposits are typically interpreted as a sign of intent to sell.

Cryptocurrency platform Flap said it has restored service to its official website, flap.sh, after restricting access following a DNS attack. In a post on X, Flap said both its original official domain and the alternative domain set up after the attack, flap.cool, are now operating normally, adding that it will continue to monitor platform operations.

On-chain analyst Axel Adler Jr. said BTC is showing stronger resilience than it did during the 2022 FTX collapse despite the recent Binance hack. Adler said BTC is currently trading near the average cost basis of short-term holders, or STH, and described the market reaction to the Binance hack so far as relatively limited.

According to DefiLlama data, Ethereum block builder Titan Builder posted $22.83 million in protocol revenue over the past 24 hours, briefly ranking first overall ahead of Tether. DefiLlama co-founder 0xngmi said Titan Builder generated about $24.7 million in fees over the same period, and the figure was so unusually high that the system initially treated it as a data error and excluded it from the tally. 0xngmi added that MEV-related trading activity surged as recent hacking-related market turmoil and investor fear created more arbitrage opportunities.

Binance founder Changpeng Zhao pushed back against interpretations that his mention of holding SpaceX (SPCX) shares was intended to pressure Elon Musk. In a post on X, Zhao said he had never said he would sell SpaceX shares and had raised the holding only to explain, amid earlier comparisons with FTX and questions about Binance’s funding position, that he also holds assets outside crypto. Zhao added that threatening someone runs against his principles and said such a threat would not be credible anyway because the shares held are only a tiny portion of SpaceX as a whole. Zhao also said SpaceX remains one of the best stocks to hold for the long term and stressed there was no need to frame the matter as a conflict or drive a wedge between the two sides.

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: 48.65% long, 51.35% short - Binance: 48.57% long, 51.43% short - OKX: 48.19% long, 51.81% short - Bybit: 47.68% long, 52.32% short

DeFi project StonkBroker founder SimpleFarmer said on X that security warnings tied to the project were based on incorrect information. SimpleFarmer said the domain in question was not StonkBroker’s official domain and that the project’s actual official address is "stonkbrokers.io." SimpleFarmer added that blockchain security firm Blockaid removed StonkBroker from its security warning list and related posts, and that the malicious domain at issue has also been taken down.

Bitdeer said it sold all 265.5 BTC it mined this week. The company reduced its Bitcoin holdings to zero on Feb. 20 and has since been converting all newly mined BTC into cash.

Crypto platform Flap said it changed its official service domain to flap.cool from flap.sh in response to a recent DNS attack. In a post on X, Flap said it is investigating whether the attack was linked to its domain service provider and that the exact cause has not yet been confirmed. Flap advised users to avoid accessing the old domain, flap.sh, as well as connecting wallets or signing transactions on that site, and to use the new domain, flap.cool, directly. Flap added that visits to the old domain are automatically redirected to the new site, but direct access through the new address is safer.