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The U.S. Treasury Department and the Federal Reserve announced they will withdraw a 2020 proposal to lower the recordkeeping and information-sharing threshold for cross-border fund transfers to $250 from $3,000, The Defiant reported. The proposal would have required banks and nonbank financial institutions to collect, retain and transmit information on small transfers originating outside the United States or sent abroad, according to The Defiant. With the withdrawal, the existing $3,000 travel rule threshold will remain in place.

Bitcoin hardware wallet maker Foundation disclosed details of a system breach that exposed customer information after hackers exploited vulnerabilities in its self-hosted Cal.com booking system and Bank-Vaults to steal credentials and access customer data and the company’s email system. The attack began on Oct. 21, and the hackers tried to send more than 23,000 phishing emails through Foundation’s official email address on Oct. 25, targeting 21,463 email addresses. The exposed data included customer names, addresses, phone numbers, order histories and partial payment card information. The hackers later used the stolen customer data in phone scams seeking victims’ Bitcoin seed recovery phrases. Foundation said employee accounts and devices were not compromised and assets stored in its Passport hardware wallet remain safe. The company added it plans to reduce its use of self-hosted servers and shift to externally managed services.

Binance co-founder Yi He said on X that a zero-knowledge proof for Binance’s proof of reserves is ready, adding that users can verify whether their account balances are backed one-to-one by assets. Yi He also said there may be a time lag between completion of the zero-knowledge proof and user verification, depending on the size of the assets.

An anonymous whale that had been inactive for more than a year bought 3,009 BTC worth about $228 million, according to Lookonchain.

Real Vision crypto market analyst Jamie Coutts said Bitcoin has key support at $75,000 and resistance at $87,000, according to a post on X. Coutts said there is a price gap below $75,000 extending to the mid-$60,000 range, and a move into that zone would turn major trend indicators lower. He added that a breakout above $87,000 would confirm an August trend reversal in technical indicators and on-chain data.

The U.S. Bureau of Labor Statistics said U.S. nonfarm payrolls increased by 165,000 in October, well above market forecasts for a gain of 65,000. The unemployment rate came in at 4.1%, below expectations of 4.2%. The nonfarm payrolls report, published by the U.S. Department of Labor, is an official gauge of employment trends across both the private and public sectors and is among the data points the Federal Reserve considers when making interest-rate decisions. Stronger employment data, including higher job growth and lower unemployment, can support consideration of a rate hike or a hold to prevent overheating, while weaker data can support consideration of a rate cut to bolster the economy.

Strive said in a filing with the U.S. SEC that it bought a total of 8,136 BTC in the third quarter at an average price of $78,885. As of Sept. 30, the company held 28,000 BTC with a fair value of $2.34 billion. Strive posted third-quarter revenue of $2.696 million and net income of $509 million, with most of the profit recorded as unrealized gains from cryptocurrency revaluation. The company also bought an additional 15,124 BTC from Oct. 1 to Oct. 30 at an average price of $83,310, and as of Oct. 30 held 43,124 BTC and $490 million in cash and cash equivalents.

Solana-based liquid staking protocol Sanctum has introduced a two-of-three multisig security system for all wallets in its mobile app, Crypto Briefing reported. The setup requires approval from at least two of three keys to execute a transaction. The keys consist of a biometric device key, a cloud key stored on iCloud or Google Drive, and a recovery key linked to an email account. The feature uses multisig infrastructure from Squads, which protects more than $15 billion in assets across the Solana ecosystem. Sanctum has expanded a security model previously used mainly by DAOs and project teams to individual users.

Crypto-focused hedge fund Room40 Capital plans to return all outside investor capital and revamp its investment strategy, Bloomberg reported. The firm will manage only its own capital and funds from a single institutional partner going forward, while broadening its existing crypto-focused strategy into macro trading. In a letter to investors, Room40 Capital CEO Paul Yablon pointed to last month’s $6.3 billion Binance asset theft as an example of the crypto industry’s security problems. Room40 Capital said it had no exposure to Binance. Yablon also said investment opportunities in the crypto market offering high returns relative to risk have fallen sharply over the past year.

Whale Alert reported that 247,000,000 USDT has been transferred from an unknown wallet to Bitfinex. The transaction is valued at about $247 million.

Bitcoin has remained relatively resilient even as U.S. technology stocks weaken, Bloomberg reported. Axel Rudolph, senior technical analyst at IG, said selling in tech stocks has spread amid doubts over the profitability of AI investments and concerns about tighter data center regulation, while BTC is holding its current range on buying demand. Rudolph added it is worth watching whether BTC is starting to decouple from tech stocks. Samuel Lane, co-head of crypto trading at Marex, said selling pressure is easing, but the recent rebound looks more like a temporary relief rally. Lane added BTC needs to reclaim $77,000 to secure upward momentum and could retest $75,000 if the stock-market decline continues.

Russia’s central bank has allowed non-qualified investors, or retail investors, to invest in BTC, ETH and USDT, TASS reported. Detailed trading conditions and investment limits were not disclosed.

High-performance smart-contract layer-1 blockchain Vara Network said governance proposal No. 90, which calls for the creation of a community treasury, has been approved. Users with ideas that could benefit the network will soon be able to request funding through treasury spending proposals.

Nasdaq-listed Solana Company plans to expand in Hong Kong as demand for tokenized assets rises there, SCMP reported. The company, which focuses on buying and holding SOL, was designated a strategic enterprise by the Hong Kong government last month. It plans to make Hong Kong its new Asia-Pacific headquarters and explore digital asset infrastructure and service opportunities with local financial institutions.

BlackRock’s preferred stock ETF PFF has made its first investment in Strive’s SATS shares, adding 412,353 shares worth about $38.8 million, BitcoinTreasuries reported. The product is a high-dividend digital credit instrument issued by Strive, a Bitcoin treasury company, and the purchase marks PFF’s first SATS investment.

Taiko, an Ethereum-based layer-two scaling network, announced a maintenance-focused update for Hoodi and the mainnet execution engine alethia-reth. The project recommended node operators update as soon as possible to avoid unexpected issues and maintain connectivity. The recommended versions are alethia-reth v1.5.0 and simple-taiko-node v2.6.6.

North Korean-linked hacking group TraderTraitor likely obtained access to Binance’s systems eight weeks before the hack, according to a Cointelegraph report citing nonprofit cybersecurity group Security Alliance (SEAL). SEAL said the hackers were able to move in and out of the system while maintaining a high degree of stealth for an extended period after the initial intrusion. It added that similar patterns were seen in past hacks involving Bitget, KelpDAO and AFX, where access had been secured three to six weeks in advance. Binance had previously disclosed that an employee device was infected through a fake job interview, leading to the theft of wallet infrastructure credentials. North Korea has denied carrying out the hack.

A Binance hacker swapped $50 million worth of XRP into BTC, mainly through THORChain, with the total converted amount reaching 1,650 BTC, according to blockchain analytics firm Elliptic. Elliptic said most of the directly stolen BTC and ETH have not yet been moved, while the total amount of stolen XRP stands at about 233 million tokens.

Nasdaq-listed Hyperliquid Strategy (PURR) bought an additional $785 million worth of HYPE last quarter, raising its holdings to 38.5 million HYPE, according to Crypto Briefing. The holdings account for about 16% of HYPE’s total circulating supply. The company funded the purchases through a $911 million stock issuance and is currently sitting on about $803 million in unrealized profit on its HYPE position.

Near-based EVM-compatible layer-two network Aurora (AURORA) said Aurora Intents Connect has been integrated into RabbitHole. Under the feature, users can choose assets on Solana or Tron and deposit them to open a position on Ethereum. The function runs on NEAR Intents.

Binance said via its official X account it plans to resume withdrawals for HYPE, INJ, APT, PLASMA, NEAR and LTC by next weekend. Binance has been gradually restoring cryptocurrency withdrawals since Nov. 1.

Bittensor (TAO), a decentralized AI model network, announced the release of a quantum-resistant wallet. The update offers users an optional feature for quantum-resistant signatures and automatic rotation of signing keys.

The number of companies opposing a tokenized stock trading platform by Intercontinental Exchange and OKX has risen to 67, according to Crypto in America host Eleanor Terrett. Meta, Palantir, S&P Global, KLA and Super Micro recently joined the objections, and 56 of the 62 companies originally proposed for listing on the platform have now expressed opposition.

Russia’s Investigative Committee has proposed bringing cryptocurrencies further into anti-money laundering regulations and strengthening transaction tracking, TASS reported. At a UN Convention Against Corruption asset recovery working group meeting in Vienna, committee representatives said crypto transactions can be tracked through a dedicated system run by Russia’s Federal Financial Monitoring Service, allowing authorities to secure evidence needed for criminal investigations. The committee also stressed the importance of international judicial cooperation and said it had seized and confiscated more than $486 million in corruption-related assets by 2026 in coordination with financial intelligence and law enforcement agencies.

Pump.fun deposited 68,260 SOL, worth about $6.15 million, to Kraken for the first time in 15 days as Solana fell 6.9%, according to Onchain Lens. Exchange deposits are typically interpreted as intended for selling.