Zcash Plan Would End the Grants Stream and Move 50,000 ZEC
Four accounts price the same 50,000 ZEC anywhere from $50 million to $65 million, and they disagree on whether the coins are destroyed.
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Tether Books $1.5B in Q3 Profit and Doubles Its Reserve Buffer
The cushion over what USDT owes holders nearly doubled to $7.95 billion in three months while issuance stayed flat near $184 billion.
Blockaid Names 12 DeFi Front Ends Serving the Step Drainer
Kintsu and Flap confirmed DNS hijacks and Flap has moved domains. No project or security firm has published a victim count or a loss figure.
Binance Reserves $6.34B and Targets a Sunday Withdrawal Restart
Binance says $5 billion of what was taken is already replaced and withdrawals return one token at a time. Four readings of the timetable disagree.
Trezor Warns CryptoBilis Buyers of a Suspected Implant in Safe 5
A buyer in Indonesia found an extra board with a cellular module inside a Safe 5. Trezor has not examined the device and told CryptoBilis buyers to move funds now.
Coinbase's $719M Q3 Profit Rests on a $715M Crypto Valuation Gain
Coinbase returned to profit in the third quarter, and almost all of it came from marking up crypto it already owned. Revenue fell 35% in a year.
Brazil's Crypto Filing Deadline Lands With No Firm Yet Licensed
Providers already trading in Brazil had to apply by Friday. The central bank's open register lists eight live processes and not one completed.
Binance Puts Its Hot Wallet Theft at $6.3B, Chainalysis at $5.9B
Binance suspended deposits and withdrawals and said it would cover every loss. Its own estimate of the damage and Chainalysis's count do not reconcile.
NYSE Owner ICE Backs Trade.xyz for a US Perpetual Futures Venue
ICE is investing an undisclosed sum in trade[XYZ], and the two plan a US market for perpetual futures on Hyperliquid infrastructure, subject to CFTC approval.
Bitcoin Difficulty Due to Rise 6% With 76 Blocks Left to Mine
Difficulty is due to rise about 6% at block 973,728. mempool.space put the change at 5.976% with 76 blocks to go, which would leave it short of the 2025 peak.
Alipay Denies Backing Crypto After Peer's Yuan-to-USDC Beta
Peer opened a beta that pays Chinese yuan through Alipay for USDC. Alipay says claims it enables crypto purchases on third-party platforms are false.
HTX Gives Court Undertakings and Drops Out of the UK Market
The exchange gave High Court undertakings not to promote to UK consumers and has left the market. Settlement terms are confidential, with no admission of liability.