IREN's Mining Revenue Falls 58% to $28M, Wind-Down Due in December
Mining took in $28M against $67M the quarter before. The filing aims to substantially complete the move to AI cloud by 31 December, with a tail into 2027.
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Base Makes a Block Every 200 Milliseconds and Retires Flashblocks
Denim replaced two-second blocks with five a second and ended Flashblocks. Anything on Base that counts blocks instead of seconds now expires ten times sooner.
South Korea Targets 2029 for Its 22% Crypto Tax, 2027 Still Law
The 22% levy is now aimed at 2029, a fourth delay. The 1 January 2027 start is still the law, and accounts differ over who proposed the move.
Bitcoin ETFs Return to Inflow at $74.6M as IBIT Sheds $201M
US spot bitcoin ETFs took in $74.6 million on 4 November, their first positive day since 29 October. Fidelity's inflow and BlackRock's outflow ran opposite.
Morgan Stanley Says It Tokenized Equities on DTCC's New Service
The bank says it is among the first to use DTCC's tokenization service on US equities and Treasurys. It named no securities, no amounts and no network.
Polygon Weighs a Hard Fork to Move 70.49M POL Back to Victims
A Polygon Improvement Proposal would zero five blocked addresses and credit 70.49 million POL to recovery wallets named by Binance and Polymarket.
Crédit Mutuel Arkéa Confirms the Attack, Not the $133M Figure
The French bank says a cyberattack moved money out of its own account and into crypto. It published no loss figure. ZachXBT puts the total above $133 million.
Circle Books $865M in Q3 on ARC Presale, Cuts 5% of Staff
Circle's third-quarter revenue and reserve income reached $865 million, with $182 million of it from the ARC token presale. A footnote disclosed a 5% staff cut.
Spot Bitcoin ETF Outflows Slow to $115.6M as BTC Retakes $78,000
US spot bitcoin ETFs lost $115.6 million on 3 November, the smallest of three straight outflow days. Two providers disagree on one fund's 30 October figure.
Aave, Kamino and Veda Tell the SEC Onchain Lending Is Not a Security
Aave Labs, Kamino and Veda submitted a legal framework to the SEC's Crypto Task Force on 26 October. They ask for no exemption and no safe harbor.
Hong Kong Passes Its Crypto Tax Reporting Bill, Collection in 2027
The Legislative Council passed the CARF and CRS bill on Wednesday. Service providers start collecting customer data in 2027, with exchanges from 2028.
Stellar's Bell Clears Testnet, With the Mainnet Vote on 23 November
Protocol 30 activated on Stellar's testnet after a 3 November validator vote. The mainnet vote is set for 23 November, and approval is not assured.