LO:TECH raises $12 million to expand crypto trading into U.S. and Asia
LO:TECH is betting on round-the-clock tokenized stock trading but didn’t say if it trades them now; a WFE study found stock exchanges still set prices.
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LO:TECH is betting on round-the-clock tokenized stock trading but didn’t say if it trades them now; a WFE study found stock exchanges still set prices.
Nearly $11 billion left the exchange over 46 hours, although CEO Richard Teng said hourly deposits were beginning to exceed withdrawals.
Your day-ahead look for Nov. 3, 2026
The proposed service would offer sanctions screening and qualified validators, but current compensation for failed commitments is set at zero.
Bitcoin edged up 0.2% to around $76,900 since midnight UTC as spot ETFs lost $399 million for a second day and Binance customers pulled a net $4.72 billion.
A final 250 BTC transfer closed the hole left by September’s bug, but the federation behind the network still hasn’t said who paid to fill it.
Ardoino didn’t say where the extra coins sit. Holdings outside USDT reserves, such as Tether’s investments, wouldn’t appear in the report.
Bitcoin is currently on pace for a fifth straight weekly decline, which would tie for its third-longest losing streak ever.
The high-profile denial follows FBI alerts identifying North Korean-controlled wallet addresses tied to the largest cryptocurrency exploit in history.
Partners like Tether, Circle, and Chainalysis helped freeze $11M of the stolen assets.
The Guppy Multiple Moving Average bands signal a bearish momentum, even as seasonality and post-midterm history lean bullish.
The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange hasn’t said when it will refill it.