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

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  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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

  6. 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.

  7. 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.

  8. 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.

  9. 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.

  10. 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.

  11. Funding

    Bitcoin.com News Reports on Bitcoin Holdings and Funding

    Bitcoin.com News reported that Strategy purchased 811 BTC for $65.5 million and Strive bought 124 BTC for $10 million this week, totaling 935 Bitcoin. Strategy's total holdings now stand at 849,327 BTC. Additionally, Strategy repurchased $208.2 million in STRC preferred stock, which is over three times its BTC outlay.

  12. Update

    Block Faces DOJ Settlement

    Block faces a $764 million DOJ settlement over Cash App anti-money-laundering failures. The settlement exceeds Block's $566 million quarterly profit, which was previously forecasted to reach $12.63 billion. Bitcoin gross profit fell 50% following fee cuts.

  13. Update

    BNB Faces $310 Support as Wave C Decline Looms

    BNB price outlook suggests a possible Wave C decline, influenced by Binance's $3.64 billion net withdrawals and weekly support levels near $398 and $310. The chart places BNB inside a proposed macro ABC correction, with $398.30 as the upper edge of the first demand zone and $310.42 as the proposed Wave C target. Binance's withdrawal figures indicate a significant outflow of $4.65 billion, raising concerns among holders.

  14. News

    Crypto Market Structure Bill Talks Highlight SEC Role

    House Democrats are discussing a crypto market structure bill that includes more SEC oversight, investor protections, and ethics restrictions for officials. The bill aims to focus more on the SEC's role in the cryptocurrency market.

  15. All Time High

    CLANKER/USDT Price Hits New High

    CLANKER/USDT price reached 24.08 USDT, up 98.07% from its opening, with a trading volume of 118,323.44 CLANKER in the past 24 hours and a total value of 1.96 million USDT.

  16. News

    Crypto PACs Lose Key Races After Spending Millions in Midterms

    Crypto-focused super PACs spent over $176 million in the 2026 US midterms, but faced significant losses. They spent $64 million to defeat Democrat Sherrod Brown in Ohio, who ultimately won with 49.7% of the vote against Republican Jon Husted's 45.5%. The political landscape has shifted unfavorably for the crypto industry, with Democrats gaining control of Congress, which may hinder future legislation like the CLARITY Act.

  17. Update

    Riot Platforms AI Data Center Lease Surges Shares

    Riot Platforms, a Bitcoin miner, saw its shares surge over 13% on Wednesday after announcing a $28 billion AI data center lease, its largest to date. The 15-year agreement covers 910 megawatts at its Corsicana, Texas, facility, bringing its total future contracted data center revenue to approximately $38 billion. The company's CEO, Jason Les, stated that the agreement represents a major step in Riot's AI infrastructure strategy, moving away from Bitcoin mining revenue. Riot will provide land and power infrastructure for the AI tenant, Anthropic, which will own and operate the computing equipment and cover operating expenses. The project's total capital costs are estimated at $5.5 billion, financed primarily through debt backed by lease payments.

  18. All Time High

    $9.9K Buyer Buys Crypto

    A single transaction involving $9.9K in crypto has occurred in the last 24 hours, marking the highest value transaction recorded.

  19. Update

    Riot Platforms Reduces Bitcoin Reserves for AI Infrastructure

    Riot Platforms has sold 79% of its Bitcoin holdings, redirecting $1.5 billion towards AI infrastructure for Anthropic. The company also entered a 15-year lease for a Texas data center, covering 910 megawatts of IT capacity, and reduced its Bitcoin reserves by nearly 79% to fund the expansion and lease. Quarterly mining revenue has declined.

  20. Price Prediction

    Shiba Inu Price Forecast for End of 2026

    Finance experts set a price target for Shiba Inu (SHIB) at the end of 2026, with some expecting a significant recovery and price increase from the current levels of around $0.0000047. The market experts forecast a potential 325% increase from the current price, with projections ranging from $0.00002 to $0.000028 by the end of 2030. However, some analysts, including Ruadhan O of Seasonal Tokens, predict a decline to $0.000007 by the end of 2026, citing a broader downward trend in SHIB's historical price performance.

  21. Update

    Kamino Clarifies KMNO Allocation and Foundation Revenue

    Kamino, a Solana lending protocol, has clarified that KMNO holders have no claim on foundation revenue, distributions, or equity. CEO Michael Weisz has tied most of his KMNO allocation to sustained token valuations, with a $20 million growth commitment. The release also states that the foundation has no shareholders, members, or beneficiaries, operates independently, and receives all on-chain and off-chain revenue and intellectual property. DefiLlama data from November 3 shows $5 million in fees and $607,996 in protocol revenue, with no tracked holder revenue.

  22. News

    US Voters Back AI Data Center Restrictions

    Voters in at least 29 U.S. jurisdictions backed bans or restrictions on data-center development, raising new obstacles for the infrastructure powering artificial intelligence. The measures ranged from outright prohibitions to requirements for additional public approval, with some being nonbinding advisory votes.

  23. All Time High

    Strategy’s STRC Hits $100 Par

    Strategy’s STRC preferred stock hit $100 par for the first time since May after billions in buybacks, a 12% dividend rate, and a switch to daily payouts. The stock had previously traded below $80, a significant discount to its stated value.

  24. News

    Dow Jumps 1,500 Points as Stocks Soar After Midterm Elections; Oil Prices Plunge

    U.S. stock indexes surged on Wednesday following the Democratic Party’s control of Congress and victories in key gubernatorial races, lifting the Dow by roughly 1,500 points. The rally was driven by optimism over potential policy shifts, while oil prices dropped sharply amid expectations of reduced demand. Related analyses cover the impact of the election on Tesla and SpaceX shares, historical market behavior after midterms, and personal finance advice for recent graduates and retirees.

  25. News

    Dogecoin faces fresh selling pressure as price consolidates near $0.075

    Dogecoin’s daily chart shows a descending channel and a Narrow Range 4 formation after a bearish candle on October 29, pushing the price toward $0.0750. At the time of writing DOGE traded at $0.075184, with its nine‑day simple moving average at $0.076696 and RSI at 34.79, indicating continued weakness. The $0.0745 area is identified as nearby support, while a break above $0.0758‑$0.0765 could allow a move toward $0.080 resistance. Exchange activity shows Binance leading with $15.89 million in green flow and OKX with $89.29 thousand in red flow.

  26. News

    Bitcoin climbs back above $80,000 after midterm dip

    Bitcoin reclaimed $80,000 after dropping to about $75,600 on US midterm election night. CryptoQuant analyst Darkfost said sellers have calmed while demand stays weak. US spot Bitcoin ETFs also saw outflows for three straight sessions.