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crypto.news

Crypto VC funding: Kalshi raises $1b, HIVE secures $129m loan

Crypto and crypto-linked companies announced at least $1.24 billion across 10 disclosed financings during Oct. 24–30, led by Kalshi’s $1 billion Series G, while Ibis unveiled a separate $250 million institutional lending facility. HIVE’s AI infrastructure loan and PhotonPay’s stablecoin…

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Binance’s $6.3B breach, Fed rate pause, CFTC plans | Weekly recap

In this week’s edition of the weekly recap, Binance has reported a $6.3 billion breach, the Federal Reserve has held interest rates steady, and the CFTC has advanced plans for voluntary crypto exchange registration. Binance pledges to cover losses after…

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Monad’s Keone Hon pushes OpSec guide and AI security tool Ultrafuzz

Monad co-founder Keone Hon has urged crypto teams to make security their top priority, sharing operational-security guidance and promoting the foundation’s open-source Ultrafuzz tool as attackers gain access to more capable AI. Monad Foundation’s resources cover both the software teams…

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Hoskinson flags Binance sweeper code as EIP-7702 debate grows

Cardano founder Charles Hoskinson has warned about “seriously dangerous code” while sharing an analysis that blames Ethereum’s EIP-7702 delegation feature for helping attackers rapidly empty a Binance hot wallet. In his X post, Hoskinson wrote, “Careful, there is some seriously…

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Uber earns 1.5 extra days of yield in Canton blockchain pilot

Uber has tested a blockchain-based investment with HSBC and Franklin Templeton that earned an extra 1.5 days of yield by keeping corporate cash invested through part of the weekend. According to Bloomberg, Uber used HSBC’s tokenized deposits to buy a…

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Polymarket launches 15-minute gold and silver markets with Chainlink

Polymarket has launched 15-minute gold and silver prediction markets through an expanded Chainlink partnership, taking its short-duration price bets beyond cryptocurrencies. Chainlink announced the expansion in an Oct. 29 release, naming itself Polymarket’s official oracle for high-speed up/down markets. The…

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Bitcoin trader claims $250K became $3.4M during market drop

A Bitcoin options trader known as Crash has claimed to have turned $250,000 into roughly $3.4 million this week, sharing an account screenshot alongside a separate claim of a 150x return on a BTC put. Crash’s post described several trading…

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Bitcoin ETFs draw $440.8m as Binance hack rattles market

U.S. spot Bitcoin ETFs have attracted $440.8 million over four consecutive trading sessions through Oct. 29, with BlackRock taking most of the inflows before Friday’s sell-off following Binance’s $6.3 billion hack. According to Farside Investors, the funds received $110.3 million…

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Tether posts $1.5B Q3 profit as reserve buffer nears $8B

Tether has reported $1.5 billion in third-quarter net operating profit while rebuilding its excess reserves to nearly $8 billion, almost twice the cushion it held three months earlier. Tether’s Oct. 30 announcement put total reserve assets at $191.45 billion as…

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Zcash developers propose ending ZCG funding, moving 50,000 ZEC

Tachyon Group and Shielded Labs have proposed cutting off Zcash Community Grants’ future funding and requiring a 50,000 ZEC treasury donation, while keeping the program open to support new grants. Zcash co-founder Zooko Wilcox announced the joint proposal on Oct.…

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Bitcoin censorship dispute pits Ocean miner freedom against lost fees

Bitcoin mining pool Ocean has faced a transaction censorship allegation after developer Kruw accused an individual miner of excluding his transaction from block 973,817 and leaving transaction fees 7.68% below an expected template. Kruw raised the complaint in an Oct.…

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Aave market freezes draw scrutiny over claimed $60M hacker loan

Aave’s market freezes have drawn scrutiny after a social media post claimed a Binance-linked attacker deposited $60 million in stolen USDT and borrowed roughly 19,762 ETH before issuer freezes took effect. Emilio, posting on X, said the intervention was intended…