News linked to this event type.
In response to reports about a data breach, Coinbase stated that no data breach occurred at the company itself. The incident actually involved a security event at third-party analytics provider Amplitude, which affected the contact information of some Coinbase customers as well as data of other Amplitude clients.Coinbase said it has found no evidence of any unauthorized access to its internal systems, and customer funds were not affected. The company will notify affected customers and relevant regulators as required by law.
According to a press release from the Hong Kong Special Administrative Region Government, Mr. Joseph Sung, Secretary for Financial Services and the Treasury, chaired the sixth meeting of the Executive Steering Committee on Fintech Projects, exchanging views on various aspects of fintech, including the proposed regulatory regime for virtual asset trading, custody, advisory and management services. The Hong Kong Monetary Authority also reported on the Ensemble project and the quantum readiness of Hong Kong's banking sector.
According to Yonhap News Agency, the South Korean Financial Supervisory Service has confirmed that a cybersecurity incident occurred at cryptocurrency exchange Bithumb, Mirae Asset Management, and Daishin Securities, with further investigations underway. Daishin Securities disclosed that the personal and credit information of 38,490 customers was compromised, while Bithumb reported that its internal mobile office system was accessed abnormally by unauthorized external parties and is currently analyzing the precise scope of the data breach. The South Korean Financial Supervisory Service has dispatched an on-site inspection team to Daishin Securities and has mandated that financial institutions strengthen their IT security measures.
Solflare stated that a security incident involving its SOL staking service provider has impacted the Solflare validator node keys held by that provider, and an investigation is currently underway. As a result, Solflare validator nodes are temporarily unable to generate staking rewards. Solflare emphasized that user-delegated SOL is stored in staking accounts controlled by users' own keys, and user funds remain unaffected.
Reuters reports that the US Commodity Futures Trading Commission (CFTC) is investigating whether prediction market platform Polymarket violated the 2022 settlement agreement by failing to effectively block US users from accessing its overseas platform. The investigation involves the user geolocation identification mechanism, advertising campaigns within the United States, as well as the user registration process and customer protection measures for its US platform.
Odaily reports: The Commodity Futures Trading Commission (CFTC) has filed a lawsuit in the U.S. District Court for the District of Utah seeking to block Utah from taking action against prediction markets. A week earlier, Utah officials sued prediction market platform Kalshi and its affiliates, seeking to recover up to $60 million in profits allegedly obtained illegally through event contracts.The CFTC stated that Utah is attempting to circumvent congressional intent and restrict the operations of exchanges registered by the agency. The complaint notes that the relevant event contracts qualify as swaps under the federal Commodity Exchange Act, and exchanges offering trading in such contracts are subject to CFTC regulation; Utah's actions infringe on federal regulatory authority over commodity derivatives markets.This lawsuit is yet another dispute between federal and state governments over jurisdiction concerning prediction markets. New Jersey officials in September of last year asked the U.S. Supreme Court to hear their case against Kalshi, and similar lawsuits have been filed in Michigan, Ohio, and other states; as of Tuesday, the Supreme Court had not announced whether it would accept the case. (Cointelegraph)
Odaily report: Federally regulated digital asset bank Anchorage Digital Bank has expanded its partnership with Bitso to provide custody services for MXNB across six blockchains: Arbitrum, Base, Ethereum, Polygon, Avalanche, and Arc. Bitso stated that its infrastructure already processes 15% of transaction volume on the U.S.-Mexico remittance corridor.Bitso has also listed the U.S. dollar stablecoins USDPT and USAT, issued by Western Union and Tether respectively. Mexican users can directly buy and sell USDPT with pesos through the Bitso app; Western Union agents operating Bitso Business accounts can also exchange USDPT for other supported currencies. (Bitcoin.com News)
Brazilian Supreme Court Justice Luiz Fux will hold a public hearing on November 3 regarding the ban on sports betting and online casinos, and has not yet ruled on whether to suspend the ban. The hearing is scheduled for 10 a.m. local time and will focus on the economic impact of the ban.The ban took effect on October 25, and Brazil's 85 gambling licenses were invalidated as a result. Brazilian President Luiz Inácio Lula da Silva won re-election on the same day, and the gambling industry organization ANJL called for the resumption of dialogue with the government.The hearing will have 26 participants, including relevant litigants, government agencies, football clubs, and industry organizations; individual betting operators were not invited. Congress was initially required to vote on the provisional measure by November 23, with the deadline extendable once for up to 60 days. (Bitcoin.com News)
The CFTC sued Utah to prevent it from using state law to shut down CFTC-regulated prediction markets, having already taken legal action against 10 states.
Odaily reports: Data from crypto market data firm Kaiko shows that USDC now accounts for 56% of euro stablecoin trading volume, up from 10% in January 2024, and has surpassed USDT. The shift in market share accelerated after multiple exchanges in the European Economic Area restricted USDT trading in accordance with the Markets in Crypto-Assets Regulation (MiCA).USDC's liquidity in euro-denominated trading has also surpassed USDT, with its order book depth approximately 40% higher. However, USDT remains the larger stablecoin globally, with a circulating supply about 2.5 times that of USDC.About two weeks ago, the European Banking Authority (EBA) designated USDC as the EU's first "significant e-money token" under the MiCA framework and placed it under direct supervision. Kaiko also noted that the U.S. GENIUS Act could drive similar trading shifts on U.S. platforms; Tether, meanwhile, has launched USAT, a stablecoin aimed at the U.S. market. (Cointelegraph)
Odaily reports: Prediction market platform Predict.fun has confirmed that unauthorized fund transfers occurred in the wallets of a small number of users, involving approximately 400,000 USDT, and has promised full compensation for the losses directly suffered by affected users as a result of this incident. A preliminary investigation shows that the API documentation website hosted by a third-party service provider may have been compromised and affected a small number of users within a short period of time. Predict.fun has taken the documentation website offline as a precautionary measure and will publish a full incident review and preventive measures once the investigation is complete.
on-chain compliance platform Predicate has completed an $8 million Series A funding round, led by Blockchain Capital, with participation from Paxos, 1kx, and Tribe Capital. Predicate primarily provides pre-transaction compliance review and risk control for stablecoins, tokenized assets, and other on-chain financial products, supporting the restriction of high-risk addresses and sanctioned transactions.
Odaily reports: CF Benchmarks, the index provider under Kraken's parent company Payward, has launched CFB Oracle, bringing pricing benchmarks for BlackRock's Bitcoin ETF and CME Group cryptocurrency futures into blockchain applications. The service provides benchmark data across cryptocurrency, equities, bonds, commodities, and forex markets, enabling developers to build products such as on-chain index funds, tokenized portfolios, and derivatives.CF Benchmarks states that its indices currently serve products representing over $120 billion in assets. CFB Oracle now supports Ethereum, HyperEVM, and Robinhood Chain, with plans to expand to other compatible networks in the future. Payward also plans to use the service to provide pricing data for its upcoming U.S. perpetual contract product, which is still awaiting regulatory approval. The service will compete with oracle providers such as Chainlink and Pyth. (CoinDesk)
According to reports by Sifted, London-based UK AI startup 22one has reached a valuation of approximately $400 million, with backing from venture capital firms such as Sequoia Capital and General Catalyst. Founded by a former senior police officer, the company primarily develops AI tools for police departments. The report notes that the UK government is driving police modernization, providing a policy backdrop for the application of such technologies.
According to Decrypt, NIP Group, the parent company of the esports organization Ninjas in Pyjamas, has acquired its third batch of Bitcoin mining machines through the issuance of over 247 million Class A ordinary shares as consideration. Following the transaction, the company’s total hash rate will reach approximately 13.85 EH/s, with expected monthly production of around 195 BTC. Valued at current market prices, this amounts to roughly $2.8 million, representing an increase of 35 coins over the previous monthly target of 160. CEO Hicham Chahine stated that the company strategically timed its entry into mining during a market cooldown, adding that the initiative has cleared a comprehensive internal review focused on boosting profit margins and achieving profitability. He further noted that should the AI and high-performance computing divisions continue to deliver superior returns compared to mining, the company may redirect a portion of its computing capacity toward AI infrastructure.
Odaily Report: Bitget Wallet has officially launched its Virtual Account feature, allowing users to open a real USD or EUR account for free within the wallet without requiring US or EU residency status, enabling them to directly receive salaries, freelance income, and cross-border remittances.The feature is supported by licensed banking partner Noah for compliance, is globally available, and can be set up within minutes after completing KYC. It supports major receiving channels including ACH, Fedwire, SWIFT, and SEPA, with fees significantly lower than traditional remittance services. After users transfer USD or EUR to the virtual account, incoming funds are automatically and instantly converted to stablecoins, which can be directly used for wealth management within the wallet, crypto card spending, and QR code payments.This move marks Bitget Wallet's payment ecosystem extending from the "spending side" to the "receiving side," building a complete monetary account system covering receiving, savings, wealth management, and spending. Currently, Bitget Wallet serves over 100 million users globally, and the launch of virtual accounts is a key step in advancing its Everyday Finance strategy, aimed at bringing bank-grade receiving capabilities into the self-custody wallet ecosystem.
Odaily reports: Crypto analyst Darkfost posted that the Bitcoin Unified Sentiment Index has fallen back into negative territory, currently at -11 and continuing to decline, indicating that the previous extreme greed phase has passed and bearish market sentiment is beginning to accumulate.Darkfost noted that the current index reading remains within a relatively neutral range but clearly reflects deteriorating sentiment in the Bitcoin market. The index fluctuates between -100 and +100, combining the Fear and Greed Index and CoinGecko sentiment survey data, and is standardized based on a rolling one-year window.
According to a PR Newswire report, the City University of Hong Kong has published results from a survey on the social impact of artificial intelligence, revealing that Hong Kong residents' willingness to adopt AI rose from 67.4% in early 2025 to 77.5% by mid-2026, an increase of 10.1 percentage points. However, 53.7% of respondents remain highly concerned about their jobs being replaced by AI, a figure consistent with the previous year. Led by Huang Yihui, Chair Professor at the Department of Media and Communication, CityU, the research team conducted three rounds of longitudinal online surveys between February and April 2025, December 2025 and February 2026, and May and July 2026. The latest round surveyed 1,362 Hong Kong citizens aged 20 and older, analyzing a longitudinal cohort of 398 participants who completed all three waves. Findings show that 61.3% of respondents aged 20 to 34 expressed concern over job security, 60.6% of bachelor's degree holders feared AI displacement, and 56.6% of middle-income earners making HK$30,000 to HK$60,000 monthly shared similar worries. Regarding healthcare applications, while most residents welcome AI support for personal health management, clinical diagnostic decisions continue to rely primarily on physicians.
Odaily reports: According to a latest survey jointly conducted by the DeFi Education Fund and market research firm Ipsos, 35% of US respondents believe that political candidates should support the development of next-generation fintech in the United States, but when the question explicitly involves blockchain, cryptocurrency, and decentralized finance (DeFi), the support rate drops to 13%.The survey shows that 74% of respondents believe the financial system needs reform to give individuals more control over their money and assets, but only 9% say they are very or extremely familiar with cryptocurrency, and only 5% have high or complete trust in decentralized platforms.Among respondents willing to try DeFi, savings and domestic US transfers are the most notable potential use cases, rather than speculative trading. In addition, cryptocurrency ownership rose by 4 percentage points, but the proportion of respondents who have used cryptocurrency in the past year remains at 13%, unchanged from before.
Odaily report: Shana Bautista, Polymarket's Head of Global Intelligence and Investigations, stated that Polymarket has launched investigations into dozens of trades involving the U.S. midterm elections, focusing on identifying potential insider trading and market manipulation. A person familiar with the investigations, who was not authorized to speak publicly, said that at least two of the cases have been referred to the U.S. Commodity Futures Trading Commission (CFTC).Bautista said Polymarket has assembled a 16-person investigations team and deployed a new election trading monitoring system ahead of the U.S. midterm elections on November 3. The system integrates data from social media, the U.S. Federal Election Commission (FEC), crypto companies, banking partners, and other public information sources, generating hundreds of anomalous trading alerts each day. She noted that the investigations team can identify potential manipulation through behavioral patterns such as concentrated trading across multiple accounts within a short period and different wallets using the same device ID. (U.S. National Public Radio)