Live Feed

U.S. President Donald Trump said he knew nothing about UAE investors’ stake investment in World Liberty Financial (WLFI) and said his sons run the business, according to a CBS "60 Minutes" interview. Asked about a potential conflict of interest between WLFI’s foreign investment and his duties as president, Trump said, "I know nothing about it at all. My sons run the company, and you can’t tell them to shut down a business for four years just because I’m president." When asked whether he intended to dispose of his WLFI stake, Trump responded, "How do you dispose of cash?" Earlier, The Wall Street Journal reported an investment company backed by UAE National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan bought a 49% stake in WLFI for $500 million shortly before Trump took office. After the Democratic Party recently won the U.S. midterm elections, it has stepped up pressure for an investigation into potential conflicts of interest surrounding Trump’s cryptocurrency business.

BNB Chain-based decentralized exchange PancakeSwap (CAKE) said it will delay this week’s buyback and burn using trading fees to Nov. 16 as it upgrades its infrastructure security design and conducts a comprehensive internal review. The platform said the preemptive step comes amid a rise in security incidents across DeFi and is necessary because the review affects the contract that processes trading-fee buybacks. PancakeSwap said the delayed buyback and burn will be carried over and executed in full, while this week’s burn of unused CAKE issuance will proceed as scheduled. It added that neither PancakeSwap nor user funds are affected, and trading, liquidity and all other products are operating normally.

Taiwanese singer Jeffrey Huang, better known as Machi Big Brother, sold a total of six BAYC NFTs over the past 15 hours, raising about $83,880, according to Onchain Lens. The wallet received proceeds from six sales via OpenSea, with the latest deposit totaling about $14,570. The NFTs sold were BAYC #701, #4898, #6072, #250, #1297 and #4942. AmberCN had previously reported that Huang sold three BAYC NFTs and reopened a 25x ETH long position worth $1.48 million.

Amundi, Europe’s largest asset manager with about $2.9 trillion in assets under management, held 1,903,725 shares of Strategy (MSTR) as of the end of September, according to its third-quarter 13F filing with the U.S. SEC. That was an increase of 579,672 shares from the previous quarter, lifting its holdings by about 43.7%. Strategy is the largest corporate holder of Bitcoin among individual companies and is widely seen as a listed company known for its Bitcoin accumulation strategy.

The UK Financial Conduct Authority (FCA) has begun accepting applications from banks seeking authorization for cryptocurrency-related businesses. Eligible activities include crypto custody, operating trading platforms, crypto trading and brokerage, stablecoin issuance, and staking. The FCA recommended submitting applications by Feb. 28, 2027. Firms that apply by that date may continue those businesses during the review period, provided they meet certain requirements, even if the review extends beyond the date the new regulatory framework takes effect. The new UK crypto regulatory framework is set to take effect on Oct. 25, 2027.

Of 15 tokens that have operated or announced buybacks or other holder value-return mechanisms this year, 13 have outperformed Bitcoin in year-to-date returns, according to a DWF Labs report. The report said HYPE and PUMP posted the strongest returns in the group, with 95% to 99% of revenue and 50% of net revenue, respectively, allocated to buybacks. By contrast, SYRUP has fallen about 45% year to date after reducing the share of revenue earmarked for buybacks, while LDO introduced an automated buyback system but has not yet executed actual purchases. DWF Labs said the findings show that beyond having a value-return mechanism, what matters is not only a token’s revenue scale but also the ability to return that value to holders on a sustained basis.

Cointelegraph outlined three key factors to watch in the Bitcoin market this week. - Whether BTC holds support at the 21-week moving average of $73,078 - How Nvidia CEO-related risk and volatility in Nasdaq futures could affect the crypto market - Market volatility tied to upcoming macro data releases, including the U.S. Consumer Price Index and Producer Price Index

Coinbase has obtained a National Trust Bank license from the U.S. Office of the Comptroller of the Currency, CoinDesk reported today. Earlier, Coinbase National Trust, a Coinbase subsidiary, received conditional approval from the OCC in April.

Decentralized exchange Pendle said it has launched an RWA interface that provides fund-level disclosure information for the real-world asset market. The platform’s PENDLE buybacks have surpassed 3 million PENDLE, or six times the V2 issuance. STRCx on Pendle has risen above $50 million to a record high, with about 30% of total STRCx supply on the platform.

Layer-one blockchain Waves announced that, for security reasons, all Waves node operators must complete a mandatory update to the latest version, v1.6.5. It directed operators to follow the release notes for the update procedure.

Binance Pool’s hash rate fell 65% to around 9.2 EH/s in October from about 26 EH/s in December last year ahead of the service’s shutdown on Nov. 10. Of about 925 blocks generated on the Bitcoin network over the past week, Binance Pool mined just one, or 0.11%. Its last mined block was recorded at 1:15 a.m. UTC on Nov. 6 at block height 974,743, and it posted no mining results over the past 24 hours.

Progmat, a Japanese platform for issuing and managing digital assets, has signed a memorandum of understanding with Digital Asset Holdings, the developer of the Canton blockchain, to build an on-chain trading and settlement system for real-world assets including Japanese government bonds, CoinPost reported. The two companies plan to first connect Progmat’s digital asset issuance and management platform to the Canton network and then pursue the implementation of "tJGB," a tokenized form of Japanese government bonds designed to preserve the bonds’ legal character and settlement finality. The plan is to enable blockchain-based 24/365 settlement while maintaining the existing framework for transferring rights tied to government bonds.

Cryptocurrencies seized by South Korean police will be placed in outsourced custody with Upbit Custody, operated by Dunamu, starting today, Segye Ilbo reported. The report said the system was introduced after repeated incidents in which crypto assets confiscated by police were lost. Going forward, seized crypto will be transferred to Upbit Custody and stored in cold wallets, which are not connected to the internet, until it is returned, provisionally returned, or sent along with a case. Once a case is referred, the crypto assets will be moved to an account linked to the public prosecution service. The police are also reviewing the creation of a new organization to strengthen expertise in cyber and scientific investigations.

The European Central Bank has selected 36 payment service providers to take part in its digital euro pilot, NewsBTC reported. The ECB chose the participants from more than 50 applicants and plans to test-run the digital euro payment system for about 12 months starting in the second half of next year. The pilot will assess digital wallets, merchant payments, integration with existing financial systems, security and ease of use.

A whale address that posted seven straight profitable Ethereum trades over about three weeks from Oct. 18 to Nov. 6 has further increased its ETH long position. Around 11 hours ago, the address added a 4,223.37 ETH long worth about $8.97 million, bringing the total position to 24,500.49 ETH. The position is currently showing an unrealized loss of about $2.182 million, while its liquidation price of $1,310.81 remains some distance away. According to CoinMarketCap, ETH was recently trading at $2,116.78, down 5.22%.

Bitcoin needs to first reclaim the $75,000 level to stage a rebound, and a failure to do so could leave the downtrend intact and open the way to $71,000, cryptocurrency analyst Michaël van de Poppe said. Van de Poppe said Bitcoin started this week after posting five straight weekly bearish candles on the weekly chart. Amid that selling pressure, whether BTC can recover the $75,000 level and hold it could be a key variable for a short-term trend reversal, he said. A successful reclaim would be seen as a positive sign that buyers are regaining control, while a failure to recover the level would leave the trend reversal thwarted and point to further downside, according to the analyst.

A prominent trader lost about $4 million worth of crypto in hacking attacks targeting attendees of TOKEN2049 in Singapore this year, e27 reported. Hackers set up malicious networks masquerading as public Wi-Fi at the event venue and nearby hotels and airports, luring users to phishing sites or prompting them to install malware. Suspicions were also raised that, at a side event presented as cybersecurity training, attendees were induced to install remote-access malware, which was then used to steal wallet private keys and other sensitive data. The trader affected, Frogman, was said to have been exposed to the attack while networking locally during the event period, with nine tokens stolen from two main wallets, according to the report.

Binance said claims that data tied to around 335.9 million users had been leaked were likely part of a scam, The Defiant reported. A seller said to be linked to the hacking group ShinyHunters sought $900,000, claiming to hold data including emails, passwords, IDs and wallet private keys. After reviewing the post and sample data, Binance said it found no evidence that its systems or customer information had been compromised. Security firms also said the authenticity of the data had not been verified and assessed that the listing may have reused previously leaked material or been a fraudulent sales post.

A vulnerability in the bridge between multichain infrastructure platform Ankr and the Ethereum chain has exposed roughly $292,000 in losses, blockchain security firm Blockaid said. According to Blockaid, the attacker submitted five withdrawal requests to Ankr’s Ethereum cross-chain bridge, deposited a small amount on Optimism, and then withdrew all assets locked in the bridge to a new wallet. Assets worth about $292,000 have been drained through five transactions so far, and the attack is still ongoing, Blockaid warned. SlowMist added that the attacker submitted forged cross-chain receipts that referenced the same legitimate Optimism transaction while changing the recipient address, token type and withdrawal amount. All five receipts included valid signatures from consensus signers trusted by the bridge, allowing the withdraw() function to release assets without separately cross-checking and verifying the receipts against events that actually occurred on the source chain, according to SlowMist.

Bitcoin has remained in a seller-dominated market since late October, crypto analyst Woo Min-kyu said in a CryptoQuant contribution. Woo said selling pressure dominated during the January downturn, while buying pressure prevailed during the August rally. Based on on-chain acquisition prices, investors who bought BTC one to three months ago have an average cost basis of about $79,300, roughly 5.7% above Bitcoin’s Nov. 8 closing price of $74,800. That suggests most recent buyers are sitting on losses. Woo said those holders could sell as soon as they break even, making the area around $79,300 a strong resistance level. Woo added that BTC traded below the average cost basis of short-term holders for months during February to April and June to August this year before rebounding sharply later.

Animoca Brands co-founder and Chairman Yat Siu will become CEO on Dec. 1 while retaining the chairman role, The Block reported. Group President Evan Auyang will move to a senior adviser position, and Siu will oversee the company’s AI agent and Web3 businesses.

If Bitcoin breaks above $76,029, about $660 million in short positions on major centralized exchanges could be liquidated, according to CoinGlass data. If BTC falls below $72,051, about $740 million in long positions could face liquidation.

South Korean exchange Bithumb announced the immediate suspension of WAVES deposits and withdrawals at the request of the Waves Foundation.

Cryptocurrency analyst Ali Martinez warned that altcoin season may be over and said HYPE, ONDO and QNT could face further declines. In a post on X, Martinez said HYPE appears close to breaking below the sideways range it had maintained over the past two months, with a failure to reclaim $75 opening the way to $64 and then $53. Martinez added ONDO could fall to $0.26-$0.19 if support at $0.35 breaks, while QNT has not yet confirmed a bearish breakdown but could decline further to $160 if a four-hour candle closes under $190.

New Zealand’s Financial Markets Authority is considering an interim regulatory framework for New Zealand dollar-backed stablecoins, The Block reported. Under the proposal, stablecoins that meet specific requirements, including one-to-one backing with New Zealand dollars deposited at registered banks, would be exempt from financial product regulations under the Financial Markets Conduct Act. The authority plans to accept feedback on the proposal through Dec. 18.