News linked to both this project and an event.
The NEAR Protocol governance body House of Stake approved proposal HSP-029 on November 2 with approximately 99.96% support, with 3.29 million veNEAR in voting power. The proposal plans to gradually reduce the annual token issuance cap from 2.5% to 1.6% over 24 months, averaging a monthly reduction of 0.0375 percentage points.The proposal was initiated by Sal Ternullo, CEO of Nasdaq-listed company SVRN, and adjusts only one protocol parameter while keeping existing allocation ratios unchanged: 90% of newly issued tokens are distributed to staking participants, and 10% go to the treasury. The proposal still requires approval from the House of Stake Security Committee and will be implemented after an approximately 90-day preparation period and validators completing the protocol upgrade.Model estimates show that under the original issuance cap, approximately 11.8 million fewer NEAR would be issued in the first two years after implementation, and approximately 66.1 million fewer over six years. After full implementation, daily issuance is expected to drop from about 89,500 to 57,300; assuming similar staking participation rates, gross staking yield is expected to fall from 5.268% to 3.372%, and validator commission revenue is expected to decrease by 36%. (Bitcoin.com News)
Bitcoin News posted on X stating that a royal decree signed by Bhutan's King Jigme Khesar Namgyel Wangchuck grants Gelephu's new financial regulator full central bank functions, including monetary policy and reserve management. The bank is authorized to include digital assets alongside traditional reserves in its investment scope, though it is not obligated to purchase them; Bhutan's national central bank, the Royal Monetary Authority, remains unchanged. Gelephu Mindfulness City had previously received a commitment from the King made in December 2025 to support it with up to 10,000 BTC.
Odaily reports: Bitcoin was below its 200-day moving average on the U.S. midterm election days in 2014, 2018, and 2022, respectively about 35%, 9%, and 22% lower. This year is different. Bitcoin is currently trading at about $76,990, 5.2% above the 200-day moving average of about $73,169, indicating a relatively strong long-term trend.The 2026 Bitcoin bear market is shallower and the decline came earlier, with the main correction concentrated in January and February of this year. Martin Lee, head of research at DWF Labs, said historical data shows that in the first few months after midterm elections, Bitcoin typically trades in a choppy or slightly bearish manner, but has risen over the following 12 months in each case. He believes the long-term historical trend is favorable for Bitcoin, but short-term volatility still warrants caution, especially given the impact of escalating geopolitical conflicts and the ongoing drag on risk assets from AI trading. (CoinDesk)
According to data released by Trader T (@thepfund), Bitcoin spot ETFs saw a net outflow of $398.62 million yesterday. Among them, BlackRock's IBIT recorded a net outflow of $405.3 million, marking its largest single-day outflow since June 26. Fidelity's FBTC posted a net inflow of $6.68 million, partially offsetting IBIT's outflows. Net flows for products under Grayscale GBTC, Mini BTC, Bitwise, Ark, VanEck, Morgan Stanley, Franklin, Valkyrie, Invesco, and WisdomTree were all zero that day.
Matthew Sigel, head of digital asset research at VanEck, said he heard that the Citi Institutional Bitcoin custody service was originally scheduled to launch last week, and speculated that the Binance hack may have affected the announcement timeline.
Liquid Network posted on X that the network's Bitcoin reserves have been fully restored, and all LBTC is once again backed 1:1 by BTC.Several weeks ago, BTC and LBTC redemptions resumed, allowing users to move assets between the Bitcoin network and Liquid at a 1:1 ratio through participating swap providers. Users can verify the federation reserve proof by running a Liquid node, and can also view reserve balances and network activity through a public dashboard.
Odaily reports: Cory Klippsten, founder of Swan Bitcoin, said that AI poses a more immediate near-term threat to Bitcoin's security compared with quantum computing. He noted that hackers are using large language models to probe for security vulnerabilities, and a small number of prompts can help attackers identify problems.Klippsten believes that quantum computers capable of threatening Bitcoin's cryptography are at least a decade away, by which time the network could deploy quantum-resistant protections. He said that rushing to implement such solutions now would add unnecessary complexity.Brazilian crypto exchange Mercado Bitcoin suspended deposits and withdrawals on Monday due to a security incident, and researchers estimate that more than $46 million flowed out of its wallets. Days earlier, Binance suffered a $6.3 billion hack on October 29, which the U.S. Federal Bureau of Investigation (FBI) attributed to North Korean hackers. (Cointelegraph)
Odaily reports: OKXICE has disclosed that 12 additional companies have opposed its stock tokenization plan, including Nvidia, Costco, Nike, Reddit, and CrowdStrike, bringing the total number of companies that have formally filed objections to 50, accounting for approximately 79% of the 63 companies originally proposed for inclusion.The newly added objecting companies also include Palo Alto Networks, Micron Technology, Corning, Hewlett Packard Enterprise, IREN, USA Rare Earth, and Bloom Energy. The 50 companies have a combined market capitalization of approximately $25 trillion, with more than half listed on Nasdaq and 42% listed on the New York Stock Exchange.OKXICE is a joint venture between cryptocurrency exchange OKX and Intercontinental Exchange (ICE), planning to launch blockchain-based tokenized U.S. stocks that support continuous trading for investors. The proposal intends to use actual shares held by a registered broker-dealer as backing, with transactions completed through stablecoins and OKX's permissioned Uniswap v4 liquidity pools on the X Layer chain. (Bitcoin.com News)
In an official announcement, OKX has released its 49th Proof of Reserves (PoR), marking a four-year milestone of consecutive publication. The data from this report indicates that OKX's disclosed reserve ratios for over 20 major cryptocurrencies have all reached 100%. Among them, the reserve ratios for BTC, ETH, USDT, and USDC stand at 108%, 101%, 106%, and 100% respectively, with the combined reserve asset value of these four currencies totaling approximately $27.8 billion.
: According to Threshold Network, tBTC minting and redemptions have been temporarily paused, but the asset is still fully backed and no funds have been lost. The bridge wallet holds approximately 4,320 BTC, while tBTC in circulation is about 4,185, and no unauthorized minting or Bitcoin transfers have been detected. Regarding the recently disclosed Linux kernel vulnerability CVE-2026-98432, which could allow attackers to execute code remotely on unpatched servers, all tBTC node operators have completed server patching or temporarily shut down their nodes while awaiting a fix. The team has not found evidence that the vulnerability was used to attack tBTC nodes. In addition, one node operator reported today a separate security incident affecting its overall infrastructure, unrelated to the kernel vulnerability, which resulted in about 0.5 ETH being transferred out of the Ethereum account used by its tBTC node to pay transaction fees. At the time, the node was already offline, and the operator also found no evidence that signing key material had been accessed. Threshold Network said Bitcoin transactions in the tBTC wallet require signatures from a majority of independent operators, and a single operator cannot move funds alone. The bridge will reopen after security maintenance is completed and nodes resume operation on patched systems. The team will publish its next update within 24 hours, or earlier if circumstances change.
Strive CEO Matt Cole posted a chart of the company's Bitcoin holdings on X, with the caption "New engine activated," possibly hinting that an update on increased BTC holdings may be disclosed next week. The move may be modeled after Strategy founder Michael Saylor.
Michael Saylor, founder and executive chairman of Bitcoin treasury company Strategy, has once again released Bitcoin Tracker-related information. Based on previous patterns, Strategy typically discloses Bitcoin holdings change information the day after such messages are posted.
In response to a community user who shared information from Whale Alert about a large amount of Bitcoin being transferred from Binance to an unknown wallet and claimed that "some whales have already started withdrawing their funds," Binance Co-CEO He Yi posted a response stating: "The so-called unknown wallet is a new Binance address, which has already been listed in the POR."
BTC Activity: Stake BTC to share in 55,000 BGB, personal staking limit is 50 BTC, supports a 0.5x long-term holding bonus multiplier. Participation period: 17:00 on November 1 to 17:00 on November 5 (UTC+8). ETH Activity: Stake ETH to share in 55,000 BGB, personal staking limit is 1,500 ETH, supports a 1x long-term holding bonus multiplier. Participation period: 17:00 on November 1 to 17:00 on November 7 (UTC+8).
Odaily reports: According to an official announcement from Binance, Binance has resumed withdrawals in phases, with the first batch being the Bitcoin network.Previously, Binance published a security incident recovery progress announcement stating that it planned to restore the first phase of withdrawal services between 14:00 and 17:00 (UTC+8) on November 1.The first batch supports networks and assets including BTC, ETH, BNB, TRX, SOL, XRP, ZEC, DOGE, TON, POL, AVAX, ARB, BASE, OP, and SUI. Additionally, Binance stated that there may be brief delays initially due to traffic, and other networks and assets will be opened successively once ready; deposit services remain open.
Binance has published a security incident recovery progress announcement, stating that it plans to resume phase one withdrawal services between 14:00 and 17:00 (UTC+8) on November 1.The first batch supports networks and assets including BTC, ETH, BNB, TRX, SOL, XRP, ZEC, DOGE, TON, POL, AVAX, ARB, BASE, OP, and SUI. In addition, Binance noted that there may be brief delays initially due to traffic, and other networks and assets will be opened successively once ready; deposit services remain open.
Binance has once again updated the progress of the hacking incident, stating that it has now covered $6 billion of the losses caused by the hack. Previously, Binance said it had completed the backfilling of approximately 90% of affected assets, a further increase from the previously disclosed 80%; BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC have all achieved 100% full reserve backing.
DeFi protocol Troves announced that its xWBTC/WBTC vault was exploited on October 31 due to a vulnerability, with preliminary estimates indicating losses of approximately 8.6 BTC.
Cryptocurrency exchange Binance said it will publish the results of its proof of reserves on November 2. Binance stated on October 30 that it has recovered approximately 80% of the stolen assets and is still processing the remainder; the proof-of-reserves snapshot is planned to be taken after the buyback is completed. Some users on Platform X have questioned that taking a snapshot after the buyback cannot reflect the previous asset shortfall, and the related insider-job claims currently have no solid evidence to support them.Blockchain intelligence firm TRM Labs attributed the theft to the North Korean hacker group Tradertraitor and said it has high confidence in this judgment. TRM Labs stated that the attackers may have controlled Binance's hot wallet signing system, and the funds were transferred out via ten blockchains in about 20 minutes; Elliptic said that a North Korea-linked group may be involved, but no government or law enforcement agency has yet confirmed the attribution.Binance said it has discovered other points of intrusion and that there is no evidence that wallet private keys were leaked; co-CEO Richard Teng stated that only Binance's own hot wallet was compromised and that customer funds were unaffected. Binance said withdrawals are expected to resume in stages within about 34 hours, after which it will publish the reserves report and a full technical post-mortem. (Bitcoin.com News)
Odaily Report: South Korean cryptocurrency exchange Upbit has officially published the digital asset holdings of Dunamu&Partners, the investment subsidiary of its parent company Dunamu, as of October 2026. According to the announcement, the institution currently holds 2,081.84950412 BTC, with zero cumulative sales and no trading records to date.According to the announcement, Dunamu&Partners stated that if any project it has invested in gets listed for trading on Upbit, it will not sell the relevant digital assets within 3 months from the date of initial listing, and will disclose changes in holdings through Upbit announcements at the end of each month.