Crypto Exchanges Brace For EU Power Shift Toward Central Regulation
Europe’s plan to centralize oversight of crypto and major market infrastructure has sparked a sharp debate across the bloc. According to a Financial Times report, the European Commission is preparing a package that could give a Paris-based regulator new powers over stock exchanges, crypto platforms and clearing houses. The...
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Crypto Markets Shed $120 Billion Overnight as Bitcoin Plunges by $4K: Market Watch
Bitcoin starts November on the same foot as it ended October, with another price slide that drove it to just under $107,000 earlier today. The altcoins have followed suit, with notable price drops from the likes of BNB, SOL, DOGE, LINK, ADA, and many others. BTC Slides to $107K...
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Standard Chartered CEO Sees Hong Kong Stablecoin as Pivotal For International Trade Settlement
At FinTech Week, the Standard Chartered CEO said Hong Kong’s digital asset pilots, including HKD-backed stablecoins and tokenized deposits, could transform cross-border trade, as regulators unveiled new rules allowing shared order books for crypto exchanges....
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HIVE Digital’s Mining Capacity Hits 23 EH/s as Bitcoin Output Funds AI Shift
The company is converting parts of its mining footprint into AI-ready data centers, including a site in Grand Falls, New Brunswick, that could support 25,000 GPUs....
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Gate proof of reserves: BTC, ETH and USDT reserves rise
Gate has released a new proof of reserves report, with a total value that reached $11.67 billion and a total reserve ratio reaching as high as 124% across 500 types of assets. On Nov. 3, the crypto exchange released its…...
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UAE’s second largest telecom provider Du launches Bitcoin cloud mining service
UAE residents can now mine Bitcoin without owning hardware, as telecom operator du launches its first-ever Bitcoin cloud mining platform, “Cloud Miner.” du launches UAE’s first cloud Bitcoin mining platform UAE’s second largest telecom operator du has launched a Bitcoin…...
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BNB price risks bearish crossover amid losses, is a deeper correction ahead?
BNB price has dropped 13% over the past 7 days and is nearing confirmation of a bearish crossover on the chart, which could drive further losses in the coming week. According to data from crypto.news, BNB (BNB) price fell to…...
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Polygon price outlook turns bullish amid falling exchange reserves
Polygon’s sharp sell-off may be nearing its end as exchange reserves plunge and network activity rises, hinting at a quiet build-up toward recovery. At the time of writing, Polygon was trading at $0.1809, down 12% over the previous week and…...
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OG DeFi Giant Balancer Exploited for $128M: Forks Are Now Bleeding Out Too
OG DeFi platform Balancer has been exploited for more than $128 million in several digital assets, with multiple blockchain security firms confirming the attack in real-time and new details emerging by the hour. In its latest update, blockchain security firm PeckShield stated that Balancer and its forks are now...
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Bitcoin Bull Run in Danger? BTC Tests Critical Support Again
Bitcoin is trading at $107,400 at press time, down 3% in the past 24 hours and 7% over the last week. Traders are watching key price levels as the market tests long-term support. With volatility dropping and volume remaining high, several analysts are pointing to this monthly close as...
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