Skip to content

News / Archive

Earlier crypto stories

Stories from the past month. Subscribers see every story as it happens, and the full history.

Page 45

Description
  1. News

    Democrats Gain Control of U.S. House of Representatives

    Democrats have gained control of the U.S. House of Representatives and are nearing a majority in the Senate, as reported by Bloomberg. President Trump has stated he is ready to acknowledge the midterm election results and collaborate with Democrats in Congress.

  2. News

    Former President Trump Expresses Veto Intentions

    Former President Donald Trump expressed in a POLITICO interview that he holds veto power over any bill but does not intend to become a veto machine in the next two years. Trump indicated his willingness to collaborate with Democrats, noting they've already reached out. Meanwhile, Trump posted a Truth Social image hinting at 'veto.' On November 2, he threatened to veto everything if Democrats win, previously asserting he’d become 'Mr. Veto' against their initiatives.

  3. News

    Ethereum Economic Zone launches Rollup X and Aztec unveils Tierra upgrade

    EEZ introduced Rollup X on a devnet, showcasing atomic cross‑network calls between Ethereum and rollups without bridge messages, with demos using L1 liquidity, wallet updates, and Falcon signatures. The testnet is under security audit and aims for Gnosis Chain migration in 2027. Aztec launched the Tierra upgrade on its Alpha V6 network, halving private transaction proof times to about one second and adding formal verification and AI‑driven security testing; message delivery between Ethereum and Aztec now drops to 12 seconds. L2BEAT rebranded as ETHBEAT to broaden its research beyond Layer 2s. ZisK demonstrated real‑time proving on Optimism mainnet, generating proofs in ~11 seconds using high‑end GPUs. Additional notes: Devcon Day 2 livestream, Crédit Mutuel Arkéa hack loss of $133 million, and Ape Chain migration to Chainlink CCIP.

  4. All Time High

    Solana Whale Hits $16K

    A Solana whale has reached a new high of $16K, outperforming previous high of $12K.

  5. Update

    LND v0.20.7-beta and v.21.6-beta Released with Mitigation for Linux Flaw

    Lightning Labs has released LND v0.20.7-beta and v.21.6-beta to disable Multipath TCP by default to address a critical Linux vulnerability. However, operators still need a patched kernel to fully fix the underlying issue. The updates are part of ongoing efforts to enhance security in the Lightning Network.

  6. News

    Democrats win Congress as crypto CLARITY Act stalls

    Democrats secured control of both chambers, while the CLARITY crypto market‑structure bill remains deadlocked with 49‑50 Senate votes, needing 60 to advance. Bitcoin fell to $75,600 before rebounding to $79,000, and other major tokens recovered similarly. Polygon proposes a hard fork to return 70.49 M POL ($6.8 M) from frozen addresses. Binance expanded proof‑of‑reserves to 44 tokens after a hack. Morgan Stanley tokenized U.S. stocks and treasuries via DTCC. Circle Payments Network hit $41.3 B annualized volume in Q3, up from $2.7 B a year earlier.

  7. Hacking News

    Coinbase Claims No Assets Lost in Binance Hack

    Coinbase, a U.S. cryptocurrency exchange, stated that it was not affected by the $6.4 billion Binance hack. The exchange detailed its security measures, including the use of offline storage for over 99% of customer assets, split private keys, and kill switches. Coinbase also highlighted several layers of protection, such as private key splitting, strict limits on hot wallet transactions, and the ability to trigger kill switches to take signing keys offline. The company assumed employees could be targeted by phishing and designed its controls to prevent unauthorized actions, even with stolen credentials.

  8. Update

    Super Micro Reports Record Q1 FY27 Revenue

    Super Micro Computer reported record net sales of $19.9 billion in fiscal Q1 2027, up 298% from $5.0 billion a year earlier. The company's guidance for full-year FY2027 revenue was raised to between $72 billion and $82 billion, up from a prior range of $65 billion to $72 billion. Despite the positive financials, the stock reaction remains muted due to concerns about margins, cash flow issues, and the company's reliance on a single customer.

  9. News

    Amazon and Microsoft Add Close to $445 Billion in Market Value

    Amazon and Microsoft added close to $445 billion in combined market value in a single morning on November 4, 2026. The move came the day after the US midterm elections, in which Democrats won control of both the House and the Senate. Investors saw the two cloud giants as winners, with Microsoft accounting for the larger share of the gain, adding around $250 billion in market value on its own. The election results and strong earnings reports contributed to the surge.

  10. Update

    1inch App Improves Cross-Chain Swap Experience

    1inch has updated its app to allow users to perform secure cross-chain swaps across 18+ supported networks in a single transaction. Users can select the tokens and chains they want to swap from and receive, and choose the destination chain. The app uses intent-based execution to ensure the best rate, zero swap gas fees, and MEV protection, which is included in the default swap method and advanced in the Pro interface.

  11. News

    Ethereum core upgrades progress and new tooling emerges

    Ethereum’s upgrade process remains deliberate, but recent advances bypass hard forks, including Solar—a Rust‑built Solidity compiler reducing deployment costs by ~26%, Rollup X’s testnet enabling cross‑chain composability, and the Fast Confirmation Rule beta allowing near‑instant block confirmation. Additionally, crypto markets reacted to the U.S. election with Bitcoin stabilizing around $80K and ETH up ~4%, Zcash community adjusted its grant allocation, and Circle reported Q3 revenue up 17% to $865M while cutting staff by ~5%.

  12. Update

    Bitcoin Miners Sell BTC for AI Data Center Expansion

    Bitcoin miners Riot Platforms and Hut 8 have sold significant amounts of Bitcoin (BTC) in their Q3 earnings reports. Riot Platforms sold 10,599 BTC worth $751.5 million in Q3, more than half of the 20,264 BTC it has dumped in 2026 (nearly $1.5 billion total). Hut 8 sold about $250 million worth of BTC across Q3 and October to buy back its own stock. The pace of sales is accelerating, with 3,778 BTC in Q1 ($289.5 million), 5,887 BTC in Q2 ($443 million), and 10,599 BTC in Q3. Riot Platforms is now selling substantially all newly mined coins, essentially acting as a sell order with a power bill. Hut 8 sold 954 BTC in Q3 and 2,148 BTC in October, totaling 3,102 BTC, or about $250.2 million. Both companies are using the proceeds to fund their AI data center projects. Riot's AI pivot includes a 15-year lease for 910 MW at Corsicana, Texas, worth approximately $28 billion over the initial term, pushing contracted data center revenue to approximately $38 billion. Riot's Q3 net income fell to about $4 million, while Hut 8's $131.1 million net income came from a noncash gain on rising digital asset prices, not from operations. The market reactions to the two reports were different, with Riot's actions seen as a signal of supply hitting the market every day.

  13. Update

    Weekly Market Snapshot

    The market remains in a fear state with Bitcoin up 1.25% and Ethereum up 1.77%. Positive gains are seen in Litecoin (LSK) and Litentry (LIT). The most trending assets are Solana (SUI), Bitcoin (BTC), and Near Protocol (NEAR). Exolix offers instant swaps.

  14. News

    US Midterms Show Voter Support for AI Data Center Restrictions

    In the recent U.S. midterm elections, voters expressed strong support for measures limiting the development of data centers, a key infrastructure component of the artificial intelligence industry. The New York Times reported that restrictions were favored in numerous local measures, reflecting a growing public sentiment towards more stringent oversight of AI-related facilities. Key political figures who supported these measures, such as Texas governor-elect Gina Hinojosa and Michigan senator-elect Abdul El-Sayed, indicate a shift towards increased scrutiny of AI infrastructure. This development may influence prediction markets, particularly those related to potential data center moratoriums in states like Oklahoma.

  15. Update

    Bitcoin Mining Companies Sell Bitcoin to Fund Expansion and Share Repurchases

    Bitcoin mining companies Riot Platforms and Hut 8 disclosed substantial bitcoin sales in their third-quarter earnings reports. Riot Platforms sold 10,599 BTC for approximately $751.5 million to finance its data center expansion, accounting for more than half of the 20,264 BTC sold so far this year. Hut 8 sold approximately 954 BTC for $74.8 million during the third quarter to fund share repurchases. The combined sales underscore differing strategies for deploying cryptocurrency reserves, with Riot directing proceeds toward infrastructure development and Hut 8 using bitcoin holdings to return capital to shareholders.

  16. News

    Cybersecurity news roundup (Nov 4 2026)

    • Rigged coding assignment, abused AI tool opened path to $6B Binance heist • AI‑linked breaches mount as WorkOS, Northflank, Trigger.dev disclose hacks • Chrome 157 rolls out with 213 security fixes, seven rated critical • Barracuda ESG authentication bypass flaw opens path to root • North Korea launches missiles toward the sea as Pyongyang protests US claims on Binance hack • Meta shares top Muse bug bounty findings as payouts reach $1.2 million • Malicious cPGuard updates served in OpsShield supply‑chain attack • Sysdig adds runtime security and governance for AI agents • Data‑security firm Sentra raises $150 million • Canadian extradited to US over cryptomining hacks on university supercomputers • Over 100 European stores hit as supermarket fridge attacks return • Critical Node‑RED flaw exploited in attacks • Frontline Education data breach impacts over 1.3 million • Google dismantles XCPE botnet of 1.3 million Android devices • Cybersecurity M&A roundup: 37 deals announced in October 2026

  17. Update

    OCC Issues AI Framework for Banking

    The U.S. Office of the Comptroller of the Currency (OCC) has issued its first supervisory framework for artificial intelligence in banking. The guidelines focus on operational resilience and address risks posed by external agents, such as those operated by customers, fintechs, or other businesses. The OCC suggests measures including identity verification, delegated permissions, transaction limits, monitoring, and the ability to suspend or revoke access to prevent unauthorized actions by these agents.

  18. Hacking News

    Aave and Lido’s Locked Value Fell Due to Binance Hack

    Aave and Lido's locked value dropped by $1.74 billion from October 27 to November 3, according to DeFiLlama. The drop occurred during Aave's freeze after Binance's hack, which raised borrowing costs and blocked new deposits. The Binance hack, which impacted approximately $6.34 billion in assets, affected decentralized lending and caused withdrawals to push some large reserves to 92%-100% utilization, increasing borrowing costs and temporarily reducing interest-rate curves.

  19. Update

    Trump-Linked Tokens Lose Ground After US Midterms

    Two crypto tokens linked to US President Donald Trump, the official Trump (TRUMP) and World Liberty Financial (WLFI), were the two biggest losers among the top 100 cryptocurrencies on Wednesday. TRUMP fell 17% to $1.33, while WLFI dropped 7% to $0.047. The losses occurred after the US midterm elections, which saw Democratic victories, including in Texas, leading to potential scrutiny of Trump's family's crypto businesses. Other major cryptocurrencies also posted gains, with Bitcoin and Ether rising, and the overall crypto market rising 3.4% to $2.69 trillion.

  20. News

    Democrats to Investigate Trump’s Crypto Ventures

    Democrats’ congressional victories in the Nov. 3, 2026, midterms now threaten to expose President Donald Trump’s cryptocurrency businesses to investigations, subpoenas, and financial scrutiny. Reuters estimates Trump family crypto ventures have generated at least $2.3 billion since his return to office. World Liberty Financial, its USD1 stablecoin, and foreign investment arrangements are emerging as central targets as Democratic lawmakers prepare to take control of congressional committees.

  21. News

    U.S. Midterm Elections: Share Your Market View for Chance to Win

    The U.S. Midterm elections are bringing policy, trade, and economic developments into the spotlight. Gate News is hosting an event where participants can win a $2 token reward by sharing their market views on the election and related markets. The event runs from November 3, 04:00 AM to November 10, 16:00 PM (UTC). Participants must subscribe to Gate News, vote in the Election Market Watch Poll, and leave a relevant comment with the hashtag #ElectionMarketWatch to be eligible for the rewards. 15 eligible participants will receive $2 each, with rewards distributed within 14 business days after the event ends.