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Strategy CFO Andrew Kang will resign on Nov. 5, according to Bitcoin Treasuries. CEO Phong Le will assume the CFO role through the end of the year, the source said.

Bitcoin’s largest corporate holder Strategy (MSTR) said it posted $21 billion in operating profit in the third quarter, its largest ever for a single quarter. Strategy currently holds about 848,500 BTC, up 26% from the start of the year.

Whale Alert reported that 185,017,485 XRP has been transferred from Binance to an unknown new wallet. The transaction is valued at about $236 million.

The three major U.S. stock indices closed lower today. - S&P 500: -0.31% - Nasdaq: -1.36% - Dow Jones: -0.25%

Grayscale Head of Research Zach Pandl said in a report that the United States accounts for roughly 15% to 20% of global cryptocurrency activity. According to Crypto Briefing, about 36% of Bitcoin hash rate is concentrated in the U.S., while around 31% of all Ethereum blockchain nodes are based there. The report included the English phrase "the U.S. plays host more than hub" and indicated the U.S. has built and operates a significant share of crypto-related systems, while most users of those systems are located overseas. It added that the political outcome of U.S. midterm elections may have less influence than crypto investors expect.

Blockchain oracle project API3 said a vote is underway on a proposal to cap supply at 200 million API3 and end further issuance. The proposal also includes ending Aragon DAO operations and migrating governance to Snapshot.

On-chain data analytics platform Bubblemaps said a third-party service provider used by Polymarket was compromised, and more than 700 users had a combined $3.46 million stolen. Of the stolen funds, $2.7 million was converted into POL and sent out, while $750,000 remained on Polymarket, Bubblemaps said. According to Bubblemaps, Polymarket said it would fully compensate affected users for their losses. Bubblemaps added the funds were still moving and it would continue tracking them.

A wallet suspected of being tied to the Polymarket hack, beginning with 0x3F99, swapped USDC.e and USDC for POL after Polymarket said it had identified and fixed an issue caused by the compromise of one of its third-party providers. The address held about $2.65 million worth of POL and later transferred about 28.64 million POL in three transactions. Separately, Polymarket announced it would fully reimburse affected users in connection with the hack.

Polymarket’s share of combined trading volume with Kalshi has fallen to 27% from 96% two years ago, according to Unfolded. Kalshi’s current trading volume is about three times that of Polymarket.

The U.S. SEC has charged BG Wealth Sharing and DSJ Exchange over an alleged $130 million cryptocurrency fraud scheme, The Defiant reported. The two companies are accused of promising investors risk-free trading returns and submitting false documents for SEC approval.

Polymarket said on its official X account it identified and fixed an issue caused by the compromise of one of its third-party providers. The platform said affected users will be compensated, although trading remains temporarily suspended. Earlier, some users had raised concerns about unauthorized asset withdrawals and a possible front-end hack. In a separate update, blockchain security firm PeckShield said, "currently, the official website UI seems to have been compromised. It is recommended not to use the site at this time."

Mysten Labs’ self-custody wallet for the Sui blockchain, Slush Wallet, has been upgraded to let users pay network fees in stablecoins, according to Crypto Briefing. The feature was first applied to transfers and payments on Oct. 14, then expanded on Oct. 28 to swaps, staking and unstaking, and deposits and withdrawals. Users who use the feature only need to pay Sui gas fees, with no separate platform fee.

MoonPay, a global crypto payments and stablecoin infrastructure company, announced U.S.-based creator platform Whop has joined its AI payments product PayBox Markets. The move will connect about 300,000 Whop merchants to PayBox Markets, enabling AI agents to search for products and handle ordering and payment.

Prediction market platform Polymarket said it is currently allowing only order cancellations. Some users had earlier raised concerns about unauthorized asset withdrawals and a possible frontend hack. Polymarket said it is investigating an incident related to the matter.

HTX adviser and Tron (TRX) founder Justin Sun said HTX, formerly Huobi, concluded legal proceedings in the UK after constructive talks with the UK Financial Conduct Authority and agreed to stop operating there, but the settlement does not amount to an admission of legal liability or unlawful or improper conduct. The comments came after UK regulators reached an agreement with HTX over allegations of illegal crypto promotions in the country, Sun said on X.

Asset manager Vanguard increased its holdings of BTC treasury company Strive (ASST) to 1.99 million shares worth $51.5 million through its flagship Vanguard Total Stock Market Index Fund (VTSAX), Bitcoin Treasuries reported.

Celestia announced the launch of Voyager, a new blockchain architecture for large-scale payments in agent commerce. The company said Voyager was designed for an internet where millions of agents pay for content, data, and services whenever needed, and added that the system reached 21 million transactions per second in benchmarks.

Just 13% of U.S. voters said it matters whether political candidates support emerging financial technologies such as cryptocurrency, blockchain and DeFi, Decrypt reported. The figure came from an Ipsos survey commissioned by the DeFi Education Fund, which found the strongest support, at 35%, was for candidates who back broader measures to foster fintech companies in the United States.

Some Polymarket users have raised concerns about unauthorized asset withdrawals and a possible frontend hack, multiple media outlets reported.

Ethena announced cumulative rewards in the USDe ecosystem have surpassed $800 million since launch. Most of the rewards went to users who deposited USDe to receive sUSDe, while other participants in ecosystem activities also received payouts, according to Crypto Briefing. Ethena recently approved the 'ENA fee switch' in a governance vote to buy back its token with as much as 95% of eligible net revenue, but the fee switch will activate only if USDe’s market capitalization rises above $7.5 billion. USDe’s market capitalization is currently below $5 billion.

Stock tokens cannot solve liquidity constraints through around-the-clock trading alone and need redemption mechanisms and market-maker support, Gravity Team CEO Mārtiņš Beņķītis said in an interview with Crypto Briefing. Beņķītis said liquidity providers cannot hedge with the underlying stocks when traditional equity markets are closed on weekends and overnight, leaving large orders more likely to move prices sharply. The IMF had also previously found that stock tokens are less liquid than traditional equities while exhibiting realized volatility 1.5 times higher.

Layer-1 blockchain Zilliqa said it plans to carry out its fourth exchange migration hard fork at block height 39,242,023, expected around 7:00 a.m. UTC on Oct. 30. The upgrade will migrate ZIL balances on XT from legacy Schnorr addresses to verified Zilliqa EVM addresses, change validator reward distribution from every block to every epoch, and enable Pectra support to update EVM compatibility. It will also support the migration of existing deposited balances in Scilla staking contracts for Zilliqa 1 through the ZKP app, prepare the migration of some ZRC2 Scilla tokens to ERC20 on EVM, and revise EVM gas fee accounting. Zilliqa said users do not need to take any separate action, while centralized exchanges have temporarily suspended ZIL deposits and withdrawals and may resume them once the hard fork is successfully implemented.

India’s Enforcement Directorate conducted searches linked to $524 million in cross-border cryptocurrency transfers, The Defiant reported. The agency said the company used USDT and USDC for overseas remittances without approval from the Reserve Bank of India, violating foreign exchange law. Binance, Bybit and other offshore platforms were reportedly used in the process, although it was unclear whether any charges had been brought against the platforms.

Shopify and Coinbase have built a Commerce Payments Protocol on Base to enable merchants to accept stablecoins as a payment method, according to Base.

Strategy’s perpetual preferred stock STRC rose above $99.95 for the first time in 165 days, moving close to its symbolic $100 par value.