Bitcoin is a decentralized digital currency without a central bank or single administrator. It can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. Its implementation was released as open-source software in 2009 and began to be used then.
DDC Enterprise has announced the initial public offering of preferred stock SAVOR (SVOR), with an initial offering price of $20, an annual dividend rate of 13.5%, paid daily. The offering is expected to raise $24 million, which will be used to repay convertible notes, fund a dividend reserve account, and increase its Bitcoin holdings.
Odaily report: According to Matthew Sigel, Head of Digital Assets Research at VanEck, FERC has approved Bitcoin miner MARA Holdings' (MARA) acquisition of the Long Ridge natural gas generation assets, under docket number EC26-92. Sigel stated that objections raised by the Market Monitoring Unit (IMM) on grounds related to BlackRock and Vanguard were not upheld, and FERC also declined to make continued power supply from the plant to the PJM grid a condition of approval.According to Sigel's analysis, the transaction has an enterprise value of approximately $1.512 billion, corresponding to roughly 0.5 GW of natural gas generation capacity (485 MW approved output, 505 MW nameplate capacity) and approximately $144 million in annualized adjusted EBITDA, implying a valuation of about 10.5x. Recent PJM natural gas generation transactions have been valued at approximately 7x, which implies the plant itself is worth about $1 billion; the roughly $500 million premium corresponds to land, gas wells, rail access, and expansion options.MARA will assume approximately $900 million of Long Ridge debt and pay approximately $610 million in cash, which it plans to cover with the approximately $600 million Bitcoin-backed loan already drawn in August. The outside closing date for the transaction is November 30.Sigel noted that MARA has referenced approximately 600 MW of total AI load at the site, including approximately 200 MW of existing grid-connected load. Whether the expansion will proceed through a Starwood joint venture, and whether MARA can retain up to a 50% interest, remains unclear. Sigel believes the next catalyst could be the signing of a lease around the time of closing.
Odaily reports: Bitcoin treasury company Strive announced the purchase of 124 BTC for approximately $10 million at an average price of $80,526 per coin, bringing its total Bitcoin holdings to 43,124 BTC. The purchase was funded primarily from existing cash and, for the first time, through its SATS ATM program, which accounted for 100% of the ATM proceeds raised this week. The company disclosed an Amplification Ratio of 62.7%.
Metaplanet fully repaid its 8 billion yen bond ahead of schedule and diverted the proceeds originally earmarked for debt repayment toward purchasing Bitcoin.
According to CoinPost, U.S. Nasdaq-listed company Next Technology Holding (NXTT) announced on Oct. 30 that its board of directors has unanimously approved the sale or pledge of approximately 5,833 BTC to mitigate position risk and enhance liquidity. The specific volume and timing of the sales remain undetermined, and the move does not constitute a full liquidation. The resolution authorizes the CEO to dispose of the assets in tranches through channels such as direct exchange sales, block over-the-counter trades, and BTC-backed lending.
Odaily reports: Bitcoin News posted on X platform that Strategy's filing with the U.S. Securities and Exchange Commission shows that Chief Financial Officer Andrew Kang will step down on November 5. The company stated that his departure is for personal reasons and is unrelated to any disagreement over company operations or policies. Chief Executive Officer Phong Le will temporarily assume the role of CFO, with Reza Virasteh set to take over in January 2027; during this period, Phong Le will continue to be directly responsible for Strategy's Bitcoin reserves, capital markets, and financing activities.Strategy reported quarterly operating profit of approximately $21 billion, a record high, primarily driven by the increase in the value of its Bitcoin holdings. Strategy currently holds 848,517 BTC and has raised over $21 billion year-to-date.
Changpeng Zhao(CZ)表示,AI 正推动网络攻击提速,快于金融机构强化防御的速度。他称,过去加密行业每周或每月发生重大攻击,如今一天内可能出现多起,攻击者利用 AI 自动化侦察、钓鱼和漏洞发现。CZ 在 10 月 29 日币安遭遇 63 亿美元攻击后首次公开发声,称此类攻击的影响已超出数字资产领域,并涉及全球金融与国家安全。美国联邦调查局将此次攻击归因于朝鲜黑客;CZ 表示,行业欢迎美国和中国提供支持。CZ 支持建立加密行业安全联盟,以共享审计发现、交流攻击经验并协调冻结资产。他称,币安及整个行业对安全投入不足,并表示币安承担全部损失、及时确认用户资金安全,有助于遏制更广泛的市场冲击。(Bitcoin.com News)
Open-source Bitcoin payment processing tool BTCPay Server received multiple reports on November 1 alleging unauthorized theft of funds from Bitcoin and Litecoin hot wallets on its platform. On November 2, the project team released an investigation update confirming that the attack targeted servers running BTCPay Server version 2.4.1 or earlier. Attackers exploited a vulnerability that had been fixed in version 2.4.2 on August 7, using various methods to gain server administrator privileges and drain hot wallet funds. BTCPay Server founder Nicolas Dorier confirmed that only servers running versions prior to 2.4.2, particularly version 2.4.1, were affected; no credible loss reports have emerged from users running the latest version 2.4.7. Some affected service providers, including LunaNode, have automatically shut down vulnerable legacy instances. The official recommendation is for users still on 2.4.1 or earlier to immediately transfer any remaining funds from old hot wallets to new wallets created with a fresh mnemonic phrase, take the old servers offline and preserve relevant logs, then install the latest version on a brand-new virtual machine and connect the new wallet. Under no circumstances should the old server be restored in its entirety to a new machine. Updating the software version alone is insufficient to eliminate the risk, as attackers may have already established persistent access on the old servers. Funds stored outside the server, such as those in hardware wallets, were not affected by this incident. The vulnerability is related to one fixed in August of this year, when attackers manipulated nodes by obtaining LND administrative credentials. As of now, the vulnerability has not been assigned a CVE number and is not listed in CISA's Known Exploited Vulnerabilities catalog.
According to CoinDesk, following the Democrats' victory in the U.S. midterm elections and their control of both chambers of Congress, Zach Pandl, head of research at Grayscale, stated that the crypto industry's foundational strength runs deeper than during the previous Congress. The sector is characterized by cross-partisan support, globalization, and institutionalization, and will not stall due to election results. Grayscale previously estimated that 80%–85% of global crypto activity occurs outside the United States, though this figure was merely indicative, with some metrics encompassing all of North America. Prior to the announcement of election results, Robert Mitchnick, head of digital assets at BlackRock, stated that the election had "little impact" on product launches and capital inflows, as Bitcoin and Ethereum already possess most of the regulatory clarity required for investment products.
Odaily reports: If the CLARITY Act fails to gain bipartisan support and reach the 60-vote threshold in the Senate, it will expire on January 3, 2027, at the end of the 119th Congress. If the new Congress wishes to advance the bill, it must be reintroduced and a new agreement must be negotiated.The Digital Chamber expects that the House Financial Services Committee under Democratic control will prioritize stablecoin reserve requirements, expanded consumer information disclosure, and strengthened anti-money laundering controls.The new Congress is expected to strengthen protections for AI data privacy and national security risks, and to promote formal risk management frameworks and transparency requirements for high-risk AI applications. (Bitcoin.com News)
CoinEx founder Haipo Yang stated that the Binance hack exposed at least three avoidable security vulnerabilities, and the problem lies in operational discipline rather than a lack of advanced technology. The vulnerabilities include the failure to isolate work and personal devices, a single credential being able to operate production services, and multi-party computation signers failing to independently verify transactions.Binance said the incident on October 29 affected approximately $6.34 billion in assets in its hot wallet; as of October 31, 98% of the affected assets had been replenished using company funds. The FBI attributed the attack to the North Korean TraderTraitor group.Binance has rebuilt the affected wallet system, replaced devices, revoked credentials, and strengthened risk controls for wallet services. CoinEx will also open withdrawals before December 22, 2026; Haipo Yang previously said that the security and compliance risks of operating an exchange have become harder to control. (Bitcoin.com News)
Odaily reports: According to monitoring by Bitcoin News, Crédit Mutuel Arkéa has confirmed that hackers carried out fraudulent transactions. Blockchain investigator @zachxbt estimates losses exceeding $133 million. Blockchain analytics firm Bitquery traced $108.8 million in USDC transferred out of Kraken, Crypto.com, and OKX accounts within 21 hours. To avoid the issuer freezing the funds, the attackers quickly converted the stolen stablecoins into ETH, with $63 million converted into 27,553 ETH within 4 hours. The bank stated that the attack has been contained and customers will not suffer any loss of funds. The total amount stolen has still not been confirmed.
According to data from Trader T, Bitcoin spot ETFs posted a net inflow of $74.61 million yesterday, but recorded a cumulative net outflow of $1.07 billion over the past five days, marking the largest outflow since July 1. On the day, Fidelity FBTC saw a net inflow of $236.72 million, while BlackRock IBIT experienced a net outflow of $201.2 million. Bitwise BITB, ARK ARKB, and Invesco BTCO recorded net inflows of $15.21 million, $19.90 million, and $3.98 million, respectively, with all other listed funds showing zero net flows.
According to Lookonchain monitoring, Bitcoin mining company MARA Holdings (@MARA) appears to have sold Bitcoin again. Over the past 12 hours, MARA transferred 1,650 BTC worth $132.8 million to Galaxy Digital, Copper, and other platforms.
Odaily reports: According to Onchain Lens monitoring, Trump Media has transferred Bitcoin again after 3 months of dormancy, sending 4,260 BTC worth approximately $343.67 million to Crypto.com for sale. So far in 2026, Trump Media has cumulatively transferred approximately 9,540 BTC, worth approximately $713.68 million, to Crypto.com.
According to CoinDesk, following the Democrats' victory in the U.S. midterm elections and their control of both chambers of Congress, Zach Pandl, head of research at Grayscale, stated that the crypto industry's foundational strength runs deeper than during the previous Congress. The sector is characterized by cross-partisan support, globalization, and institutionalization, and will not stall due to election results. Grayscale previously estimated that 80%–85% of global crypto activity occurs outside the United States, though this figure was merely indicative, with some metrics encompassing all of North America. Prior to the announcement of election results, Robert Mitchnick, head of digital assets at BlackRock, stated that the election had "little impact" on product launches and capital inflows, as Bitcoin and Ethereum already possess most of the regulatory clarity required for investment products.
Odaily reports: Brazilian crypto exchange Mercado Bitcoin has stated that it will use company funds to cover the assets affected in this security breach. Its trading desk is preparing to carry out necessary buybacks in both domestic and international markets.Mercado Bitcoin said that more than $15 million in stolen funds has already been frozen with industry assistance. The exchange also stated that its cash position is strong and that it has received a $20 million investment from stablecoin issuer Tether to support operational expansion.The exchange will begin phased restoration of customer account access on Monday, with users initially able to view balances, statements, holdings, and investment information through the website. Transfer, withdrawal, and trading functions will be restored in subsequent phases, depending on independent security testing. (Cointelegraph)
Odaily Report: According to monitoring by on-chain analyst Ai Yi, an address that was previously on the verge of liquidation and held high-leverage long positions in BTC, ETH, HYPE, and ZEC worth a total of $101 million has now turned profitable, with $4.058 million in unrealized gains. Among these, BTC unrealized gains stand at $1.754 million, and ZEC unrealized gains at $1.245 million. On the same day, the address's profit and loss fluctuated by more than $5.78 million.
Changpeng Zhao(CZ)表示,AI 正推动网络攻击提速,快于金融机构强化防御的速度。他称,过去加密行业每周或每月发生重大攻击,如今一天内可能出现多起,攻击者利用 AI 自动化侦察、钓鱼和漏洞发现。CZ 在 10 月 29 日币安遭遇 63 亿美元攻击后首次公开发声,称此类攻击的影响已超出数字资产领域,并涉及全球金融与国家安全。美国联邦调查局将此次攻击归因于朝鲜黑客;CZ 表示,行业欢迎美国和中国提供支持。CZ 支持建立加密行业安全联盟,以共享审计发现、交流攻击经验并协调冻结资产。他称,币安及整个行业对安全投入不足,并表示币安承担全部损失、及时确认用户资金安全,有助于遏制更广泛的市场冲击。(Bitcoin.com News)
According to Decrypt, Bitcoin developer Matt Corallo stated on the MARA Foundation TV show that he estimates an 80% probability that the next soft fork on the Bitcoin network will be the "mass consensus cleanup" (BIP-54). Proposed in 2019, this proposal aims to fix four long-standing vulnerabilities in Bitcoin's consensus rules, including flaws in the difficulty adjustment mechanism and denial-of-service attack vectors among miners.
Open-source Bitcoin payment processing tool BTCPay Server received multiple reports on November 1 alleging unauthorized theft of funds from Bitcoin and Litecoin hot wallets on its platform. On November 2, the project team released an investigation update confirming that the attack targeted servers running BTCPay Server version 2.4.1 or earlier. Attackers exploited a vulnerability that had been fixed in version 2.4.2 on August 7, using various methods to gain server administrator privileges and drain hot wallet funds. BTCPay Server founder Nicolas Dorier confirmed that only servers running versions prior to 2.4.2, particularly version 2.4.1, were affected; no credible loss reports have emerged from users running the latest version 2.4.7. Some affected service providers, including LunaNode, have automatically shut down vulnerable legacy instances. The official recommendation is for users still on 2.4.1 or earlier to immediately transfer any remaining funds from old hot wallets to new wallets created with a fresh mnemonic phrase, take the old servers offline and preserve relevant logs, then install the latest version on a brand-new virtual machine and connect the new wallet. Under no circumstances should the old server be restored in its entirety to a new machine. Updating the software version alone is insufficient to eliminate the risk, as attackers may have already established persistent access on the old servers. Funds stored outside the server, such as those in hardware wallets, were not affected by this incident. The vulnerability is related to one fixed in August of this year, when attackers manipulated nodes by obtaining LND administrative credentials. As of now, the vulnerability has not been assigned a CVE number and is not listed in CISA's Known Exploited Vulnerabilities catalog.
Odaily reports: Brazilian crypto exchange Mercado Bitcoin has stated that it will use company funds to cover the assets affected in this security breach. Its trading desk is preparing to carry out necessary buybacks in both domestic and international markets.Mercado Bitcoin said that more than $15 million in stolen funds has already been frozen with industry assistance. The exchange also stated that its cash position is strong and that it has received a $20 million investment from stablecoin issuer Tether to support operational expansion.The exchange will begin phased restoration of customer account access on Monday, with users initially able to view balances, statements, holdings, and investment information through the website. Transfer, withdrawal, and trading functions will be restored in subsequent phases, depending on independent security testing. (Cointelegraph)
Odaily reports: Sheldon Xia, founder of cryptocurrency exchange BitMart, said on Wednesday that the company's security team is currently severely understaffed. Threats against employees and suspected retaliation by former employees have made it more difficult to retain technical staff; he said the team is still doing its best to protect data and assets.Blockchain analytics firm Bitquery identified approximately $391,000 in transfers suspected to have originated from BitMart-related wallets, involving three blockchains. Bitquery said the funds flowed to a wallet also linked to an attack on Brazilian trading platform Mercado Bitcoin. (Cointelegraph)
Bitcoin News posted on X platform that Bitcoin security researcher Talip stated that his team discovered over 10,000 potential vulnerabilities within two months with the help of AI. The team is composed of volunteer engineers, and some findings have been evaluated, disclosed, and fixed, while other disclosures are still in progress. Talip stated that AI-generated findings require independent verification, as many of them may be false positives or exaggerate the severity of the vulnerabilities.
According to an official announcement from Upbit, Upbit will add new KRW, BTC, and USDT trading pairs for CARDS.
Changpeng Zhao(CZ)表示,AI 正推动网络攻击提速,快于金融机构强化防御的速度。他称,过去加密行业每周或每月发生重大攻击,如今一天内可能出现多起,攻击者利用 AI 自动化侦察、钓鱼和漏洞发现。CZ 在 10 月 29 日币安遭遇 63 亿美元攻击后首次公开发声,称此类攻击的影响已超出数字资产领域,并涉及全球金融与国家安全。美国联邦调查局将此次攻击归因于朝鲜黑客;CZ 表示,行业欢迎美国和中国提供支持。CZ 支持建立加密行业安全联盟,以共享审计发现、交流攻击经验并协调冻结资产。他称,币安及整个行业对安全投入不足,并表示币安承担全部损失、及时确认用户资金安全,有助于遏制更广泛的市场冲击。(Bitcoin.com News)
Odaily report: According to Matthew Sigel, Head of Digital Assets Research at VanEck, FERC has approved Bitcoin miner MARA Holdings' (MARA) acquisition of the Long Ridge natural gas generation assets, under docket number EC26-92. Sigel stated that objections raised by the Market Monitoring Unit (IMM) on grounds related to BlackRock and Vanguard were not upheld, and FERC also declined to make continued power supply from the plant to the PJM grid a condition of approval.According to Sigel's analysis, the transaction has an enterprise value of approximately $1.512 billion, corresponding to roughly 0.5 GW of natural gas generation capacity (485 MW approved output, 505 MW nameplate capacity) and approximately $144 million in annualized adjusted EBITDA, implying a valuation of about 10.5x. Recent PJM natural gas generation transactions have been valued at approximately 7x, which implies the plant itself is worth about $1 billion; the roughly $500 million premium corresponds to land, gas wells, rail access, and expansion options.MARA will assume approximately $900 million of Long Ridge debt and pay approximately $610 million in cash, which it plans to cover with the approximately $600 million Bitcoin-backed loan already drawn in August. The outside closing date for the transaction is November 30.Sigel noted that MARA has referenced approximately 600 MW of total AI load at the site, including approximately 200 MW of existing grid-connected load. Whether the expansion will proceed through a Starwood joint venture, and whether MARA can retain up to a 50% interest, remains unclear. Sigel believes the next catalyst could be the signing of a lease around the time of closing.
Open-source Bitcoin payment processing tool BTCPay Server received multiple reports on November 1 alleging unauthorized theft of funds from Bitcoin and Litecoin hot wallets on its platform. On November 2, the project team released an investigation update confirming that the attack targeted servers running BTCPay Server version 2.4.1 or earlier. Attackers exploited a vulnerability that had been fixed in version 2.4.2 on August 7, using various methods to gain server administrator privileges and drain hot wallet funds. BTCPay Server founder Nicolas Dorier confirmed that only servers running versions prior to 2.4.2, particularly version 2.4.1, were affected; no credible loss reports have emerged from users running the latest version 2.4.7. Some affected service providers, including LunaNode, have automatically shut down vulnerable legacy instances. The official recommendation is for users still on 2.4.1 or earlier to immediately transfer any remaining funds from old hot wallets to new wallets created with a fresh mnemonic phrase, take the old servers offline and preserve relevant logs, then install the latest version on a brand-new virtual machine and connect the new wallet. Under no circumstances should the old server be restored in its entirety to a new machine. Updating the software version alone is insufficient to eliminate the risk, as attackers may have already established persistent access on the old servers. Funds stored outside the server, such as those in hardware wallets, were not affected by this incident. The vulnerability is related to one fixed in August of this year, when attackers manipulated nodes by obtaining LND administrative credentials. As of now, the vulnerability has not been assigned a CVE number and is not listed in CISA's Known Exploited Vulnerabilities catalog.
Odaily reports: If the CLARITY Act fails to gain bipartisan support and reach the 60-vote threshold in the Senate, it will expire on January 3, 2027, at the end of the 119th Congress. If the new Congress wishes to advance the bill, it must be reintroduced and a new agreement must be negotiated.The Digital Chamber expects that the House Financial Services Committee under Democratic control will prioritize stablecoin reserve requirements, expanded consumer information disclosure, and strengthened anti-money laundering controls.The new Congress is expected to strengthen protections for AI data privacy and national security risks, and to promote formal risk management frameworks and transparency requirements for high-risk AI applications. (Bitcoin.com News)
Odaily reports: Brazilian crypto exchange Mercado Bitcoin has stated that it will use company funds to cover the assets affected in this security breach. Its trading desk is preparing to carry out necessary buybacks in both domestic and international markets.Mercado Bitcoin said that more than $15 million in stolen funds has already been frozen with industry assistance. The exchange also stated that its cash position is strong and that it has received a $20 million investment from stablecoin issuer Tether to support operational expansion.The exchange will begin phased restoration of customer account access on Monday, with users initially able to view balances, statements, holdings, and investment information through the website. Transfer, withdrawal, and trading functions will be restored in subsequent phases, depending on independent security testing. (Cointelegraph)
Bitcoin Treasuries posted on X that the funds raised by Strategy's Stretch (STRC) yesterday are estimated to be sufficient to purchase more than 120 BTC. After a gap of over 170 days, STRC's Bitcoin accretive issuance has resumed.
Trump family-backed crypto mining company American Bitcoin (ABTC) reported its Q3 2026 financial results, posting a net profit of $126 million for the period, compared to a net loss of $57.2 million in the previous quarter. The return to profitability was primarily driven by fair value gains on digital assets, as the company recorded $197.34 million in digital asset gains during the third quarter; adjusted EBITDA stood at $220.8 million, up from a loss of $45 million in the prior quarter.
DDC Enterprise has announced the initial public offering of preferred stock SAVOR (SVOR), with an initial offering price of $20, an annual dividend rate of 13.5%, paid daily. The offering is expected to raise $24 million, which will be used to repay convertible notes, fund a dividend reserve account, and increase its Bitcoin holdings.
According to an official announcement from Upbit, Upbit will add new KRW, BTC, and USDT trading pairs for CARDS.
Changpeng Zhao(CZ)表示,AI 正推动网络攻击提速,快于金融机构强化防御的速度。他称,过去加密行业每周或每月发生重大攻击,如今一天内可能出现多起,攻击者利用 AI 自动化侦察、钓鱼和漏洞发现。CZ 在 10 月 29 日币安遭遇 63 亿美元攻击后首次公开发声,称此类攻击的影响已超出数字资产领域,并涉及全球金融与国家安全。美国联邦调查局将此次攻击归因于朝鲜黑客;CZ 表示,行业欢迎美国和中国提供支持。CZ 支持建立加密行业安全联盟,以共享审计发现、交流攻击经验并协调冻结资产。他称,币安及整个行业对安全投入不足,并表示币安承担全部损失、及时确认用户资金安全,有助于遏制更广泛的市场冲击。(Bitcoin.com News)
According to data from Trader T, Bitcoin spot ETFs posted a net inflow of $74.61 million yesterday, but recorded a cumulative net outflow of $1.07 billion over the past five days, marking the largest outflow since July 1. On the day, Fidelity FBTC saw a net inflow of $236.72 million, while BlackRock IBIT experienced a net outflow of $201.2 million. Bitwise BITB, ARK ARKB, and Invesco BTCO recorded net inflows of $15.21 million, $19.90 million, and $3.98 million, respectively, with all other listed funds showing zero net flows.