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The number of companies opposing stock-tokenization listings on OKXICE, a joint platform between crypto exchange OKX and ICE, the parent of the New York Stock Exchange, has risen to 50. A list released by OKXICE on Oct. 30 added 12 more companies, including Nvidia, Nike, Costco, Reddit and CrowdStrike. OKXICE had originally named 62 companies as tokenization targets.

Alex Thorn, head of research at Galaxy Digital, said Coinbase’s Bitcoin price fell to its widest discount of the year versus Binance. In a post on X, Thorn said Coinbase’s BTC discount, adjusted for the USDT price gap, had widened to its largest level this year, but it was difficult to conclude the spread signaled weakening demand from U.S. investors because arbitrage between exchanges had been constrained by Binance’s suspension of withdrawals. With Binance withdrawals now resumed, Thorn said the market should watch whether the price gap between the two exchanges narrows.

A South Korean lawmaker has proposed a bill to delay the implementation of virtual asset taxation by two years, raise the basic deduction to 50 million won, and allow investment losses to be carried forward for five years, Digital Asset reported. Rep. Choi Eun-seok of the People Power Party on Oct. 27 introduced a partial amendment to the Income Tax Act containing those measures. Choi viewed the revision as necessary because capital gains from on-exchange trades in domestically listed stocks by ordinary retail investors are, in principle, not taxed following the repeal of the financial investment income tax, while applying a 2.5 million won annual basic deduction to digital assets could create tax equity issues across investment assets. Choi also cited the need for revision because digital assets are highly volatile and carryforward deductions for current losses are not currently allowed.

A Binance hacker deposited a total of 250,000 USDD to Gate over 12 hours, according to Lookonchain.

Layer-1 blockchain DigiByte (DGB) said it has processed its 24.49 millionth block, formally putting DigiDollar’s new rules into effect. DigiByte added that no chain split occurred during the upgrade process.

Binance co-founder He Yi denied allegations that personal connections could be used to get specific projects listed on Binance, BlockBeats reported. He Yi said He Yi does know Primitive Ventures co-founder Dovey Wan, but the relationship is not as close as rumors suggest. He Yi added that even a family relationship alone would not be enough to get a project listed on Binance. If any project had succeeded in winning a listing solely through personal connections, He Yi said, it would indicate shortcomings in Binance’s review capabilities. He Yi also said there have been only a handful of strong crypto projects in recent years and He Yi views BNB as one of them, while adding that investment and trading do not always generate profits.

Bitwise CIO Matt Hougan said the recent $6.3 billion hack at Binance is unlikely to affect Bitcoin’s long-term outlook, according to BeInCrypto. Hougan said Binance would have collapsed if a hack of this scale had happened 10 years ago, but the crypto industry has now grown enough to respond to a major hack. Hougan added the incident was a traditional cybersecurity breach, not a flaw in the Bitcoin blockchain itself. Hougan also said there were no Bitcoin ETFs five years ago and described ETFs as products institutional investors may choose as a more secure investment vehicle. Meanwhile, the FBI identified North Korean hacking group TraderTraitor as being behind the attack and urged the industry to block transactions involving related addresses.

Ethereum co-founder and Consensys founder Joseph Lubin pushed back against the view that advances in artificial intelligence will concentrate wealth and power in a small number of companies and states, arguing that decentralized protocols such as Ethereum will instead make economic participation more diverse. In a post on X, Lubin said the recently published essay "Commanding Heights" views changes in the AI era only through the lens of existing centralized power structures and starts from the mistaken assumption that someone must own core infrastructure. Lubin added that as decentralized protocols spread, large corporations could split into many smaller companies, while individuals could directly organize AI agents and other people to lead economic activity. Lubin said Ethereum provides a foundation for coordination without relying on central institutions, and added that while governments may use cryptocurrencies and some may build their own DeFi systems, global DeFi will stay ahead in speed, liquidity and innovation. The 145-page "Commanding Heights," published on Oct. 29, had argued that even if AI technology becomes widely adopted, a small number of actors controlling core economic infrastructure could capture the economic gains.

Bitcoin may be nearing another cycle low between late 2026 and early 2027 if a historical pattern tied to U.S. midterm elections repeats, Coinbureau said. Coinbureau said all three previous Bitcoin cycle lows formed shortly after U.S. midterm elections. In 2014, Bitcoin hit its cycle bottom 71 days after the election, followed by 39 days in 2018 and 13 days in 2022. Coinbureau added that three past cases alone are not enough to conclude elections determine Bitcoin’s price cycle.

Ripple CEO Brad Garlinghouse said XRP could become the standard for institutional cryptocurrency payment infrastructure within the next five years. Speaking at Ripple’s annual Swell event held last month, Garlinghouse said XRP would continue expanding its footprint to become the standard for institutional crypto payment infrastructure. He said Ripple plans to prioritize XRP when it is suitable for client transactions, while adding that fiat currency or Ripple’s stablecoin RLUSD may be more appropriate for some transactions. Garlinghouse also said 99.9% of the $16 trillion in transactions currently processed through Ripple products use traditional financial payment networks, and added that he expects 1% to 3% of that volume to move on-chain next year.

The total stablecoin market capitalization rose 0.10% from a month earlier to $305.5 billion in October, according to CoinDesk Research. USDC’s market cap fell 2.80% to $72.3 billion, while Tether held onto the top spot at $183.0 billion. Over the same period, on-chain tokenized real-world assets rose 2.92% to $34.5 billion, while on-chain daily trading volume fell 39.3% to $317 million.

POAP founder Patricio Worthalter sold 2,000 ETH worth $4.53 million about 10 hours ago at an average price of $2,269, according to onchain analyst ai_9684xtpa. The USDC received from the sale was transferred to an address starting with 0x95A, which ai_9684xtpa said had previously been identified as a whale wallet that bought 100,000 ETH during Ethereum’s 2015 ICO. POAP announced in August it would shut down its service.

South Korea’s Financial Services Commission held a security review meeting at 10:00 a.m. UTC today with officials from won-based exchanges including Upbit, Bithumb and Coinone, as well as coin-only exchanges, The Herald Business reported. An FSC official said the meeting was intended to review how domestic virtual asset exchanges are prepared amid concerns over the Binance incident. The session was arranged ahead of a broader financial-sector security inspection scheduled for Nov. 5, with a focus on first checking the response posture of the cryptocurrency industry after recent large-scale hacking incidents.

China’s Communist Party has formally included cryptocurrency in the scope of its anti-corruption campaign, according to China’s state-run Xinhua News Agency. In a resolution adopted at its fifth plenary session, the party said China will resolutely crack down on corruption involving the internet, virtual currencies, cross-border capital flows and blockchain technology. The move points to tighter tracking of crypto-based bribery and the concealment of funds overseas. Investigations into the assets of officials’ family members and businesses run by spouses and children will also be strengthened. The resolution does not introduce new crypto-ban regulations, however, and it does not specify an implementation deadline or penalty provisions.

NFT marketplace Talis said on its official X account that it was hacked on the Injective network, resulting in the theft of about 5,700 NFTs. According to the project, the attacker exploited a vulnerability in Talis’ marketplace and auction smart contracts on Oct. 31, took NFTs listed for sale or auction, and then sold them into existing buy orders. Talis said it has halted new sale listings and auctions on Injective and returned more than 26,000 NFTs held in the contracts to their owners. As a precaution, it has also temporarily suspended new sale listings and auctions on other networks. The project added that a review is underway before the deployment of revised contracts, and it is working on measures to return the stolen NFTs to their original owners and compensate buyers for losses. Talis also said it plans to disclose a list of the affected NFTs.

A malicious application was posted on Solana Mobile’s Seeker dApp store for about one hour after a security breach at its developer portal, Cointelegraph reported. The app was listed as 'SKR Claim' and prompted users to enter their wallet seed phrases. Seeker said it removed the app after identifying the issue and fixed the related security vulnerability. It remains unclear whether any seed phrases were actually compromised or how many users may have been affected.

North Korea-linked hackers stole 18,270 BTC in the Binance hack on Oct. 29, an amount equivalent to roughly three times North Korea’s goods exports last year, MBC reported. The broadcaster said the stolen holdings were about 59% larger than Tesla’s 11,509 BTC holdings. They also exceeded by more than twofold the Bitcoin holdings of the El Salvador government, which had at one point accumulated the cryptocurrency at the state level, according to the report.

An anonymous address bought 15,216 ETH using 34.69 million USDC about 10 minutes ago, according to EmberCN. The average purchase price was around $2,279, and the USDC used for the trade was withdrawn from Kraken earlier today.

CoinMarketCap’s altcoin season index stood at 47. The index compares the price performance of Bitcoin with that of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins. A market is considered to be in altcoin season when 75% of those top 100 coins outperform Bitcoin over the past 90 days, while the opposite is considered Bitcoin season. A reading closer to 100 indicates stronger altcoin season conditions.

A ruling Democratic Party lawmaker has proposed a basic law that would require virtual asset, or digital asset, exchanges to re-evaluate all listed digital assets within one year after the law takes effect, Digital Asset reported. Rep. Jung Tae-ho of the Democratic Party introduced the bill on Oct. 29. Under the proposal, digital assets deemed to pose a significant risk to user protection or market order would have to undergo a priority review within six months of the law’s effective date. If a review finds an asset no longer meets listing maintenance requirements, exchanges would have to begin delisting procedures while ensuring users have an opportunity to dispose of or transfer the asset. The bill would also formalize the listing review system in law. Listing service providers would be required to establish a listing review committee to assess assets under objective standards, including technical stability, the appropriateness of issuance and distribution structures, investment risk, and the impact on user protection and market order.

According to CoinGlass data, BTC and ETH posted monthly returns of -7.32% and -16.06%, respectively, in October. For BTC, it was the biggest October decline since 2014, when it fell 12.57%, while ETH saw its steepest October drop since 2016, when it fell 16.84%. BTC also declined for a second straight October after a 3.95% drop in October 2025, while ETH fell for a third consecutive October after declines of 3.35% in 2024 and 7.21% in 2025. The median October return on record is 10.92% for BTC from 2010 to 2026 and 1.87% for ETH from 2015 to 2026.

Cardano ecosystem developer Intersect has released a proposal for the 2027 Cardano Ecosystem Budget Process, CryptoSlate reported. Under the proposal, three bodies — Intersect, PRAGMA and the Cardano Foundation — would oversee six budget categories and help set grant review criteria and budget plans. The proposal would also allow those bodies to apply directly for grants, while delegated representatives, or DReps, would retain final approval over grant payments and budget allocations. It also envisions an "Open Contributions" track through which anyone could seek support directly from DReps without a separate oversight body. Specific budget allocations and conflict-of-interest safeguards, however, have not yet been finalized. The process is scheduled for a pilot run in 2027 pending DRep approval, and Intersect tentatively plans to submit the full budget proposal on Nov. 10.

South Korean crypto community platform Cobak said it completed service maintenance conducted from 8:00 p.m. UTC on Nov. 1 to 12:00 a.m. UTC on Nov. 2 to apply new contracts for CBK and CC. Cobak said its services are now operating normally, and the new contracts have been applied to key CBK- and CC-related functions. The company also directed users to its CBK token migration notice and official migration page.

According to DeFiLlama data, Binance recorded $5.86 billion in net cryptocurrency outflows over the past 24 hours. Over the same period, OKX saw $426 million in net inflows and Bybit posted $148 million in net inflows. Last week, Binance suffered a hack that caused about $6.34 billion in losses, then suspended deposits and withdrawals before gradually resuming withdrawals after security checks.

The Bank of Korea has begun a market review by asking banks and securities firms about their cryptocurrency business plans and risk assessments, Yonhap News Agency reported. The survey includes questions on each institution’s crypto-related organization and budget, market-entry status, business risk assessments, and risk-response measures. It also asked how much impact financial firms could face if South Korea’s largest cryptocurrency exchange by market share temporarily suspends operations after an incident such as a major hack, according to the report. Yonhap said the central bank appears to be seeking an internal reference document on financial firms’ entry into the crypto market as efforts advance to bring virtual assets into the regulatory fold.