⚡️ JUST IN: Samsung Wallet launches USDC stablecoin accounts on Solana for eligible US Galaxy users, covering about 82 million compatible Galaxy devices in the US.

✅ Trade on WEEX 💸

💥 Democrats Draft Crypto Bill

Democrats in the US House of Representatives are preparing their own approach to crypto regulation, journalist Eleanor Terrett reported.

The proposal would strengthen the role of the SEC, reduce the CFTC’s crypto oversight powers, and impose additional restrictions on Trump’s crypto business and other federal officials.

The plan would build on Maxine Waters’ amendments to the CLARITY Act, rejected in 2025, and provisions previously agreed by senators from both parties. Democrats aim to advance it in the new Congress beginning 3 January 2027.

✅ Trade on WEEX 💸

⚡️ JUST IN: Crypto market loses $140 billion in 4 hours. Bitcoin drops below $76,000 as over $870M in leveraged positions are liquidated

Updates
➡️ BTC down 5.85%, ETH down 7.45%

➡️ Circle -9.8%, BitMine -9.7%, Coinbase -8%, Strategy -7.4% in early trading

✅ Trade on WEEX 💸

🤝 Hayes Warns of IPO Shock

Arthur Hayes, BitMEX co-founder, warns in “D is for Dilution” that SpaceX, Anthropic, and OpenAI IPO unlocks and dilution could pressure shares, lender confidence, bank balance sheets, and dollar liquidity supporting crypto and other risk assets.

SpaceX’s free float rose 50% since its IPO while the price barely changed. About 8.6 billion shares could unlock by the end of June 2027. A potential Tesla merger could add up to 50% more dilution.

Under Hayes’ reading of Anthropic’s S-1, investor dilution could reach 83% by June 2027. At a $1.5 trillion valuation, holding the price would require up to $1.245 trillion in new capital.

✅ Trade on WEEX 💸

⚡️ JUST IN: Binance hacker moves stolen funds through Chinese money laundering networks. Chainalysis says about $3 billion of the $6.3 billion stolen has been frozen.

✅ Trade on WEEX 💸

⚡️ JUST IN: Once the world's largest Bitcoin miner, Core Scientific ($CORZ) plans to fully shut down mining by Q4 2026 and operate as HPC colocation provider from 2027.

✅ Trade on WEEX 💸

⚡️ JUST IN: 96 crypto wallets were drained in 70 minutes in a suspected Railway-linked attack.

Definitive growth lead Carlos said his old hot wallet was also emptied. Relay said it blocked the attacker's wallets and urged users to rotate hot-wallet keys now.

✅ Trade on WEEX 💸

⚡️ JUST IN: Singapore Police Force says it prevented $17.4M in scam losses in a joint operation with crypto exchanges:

➡️ Blockchain analysis and customer data from Coinbase and OKX

➡️ More than 383 victims identified

➡️ Intel shared with the FBI, New South Wales Police Force, and Canadian Anti-Fraud Centre

➡️ Led to identification of 32 foreign victims

✅ Trade on WEEX 💸

⚡️ JUST IN: The PBOC stopped Solana’s Shanghai event before it started, saying promotion violates February’s crypto ban and will investigate involved companies, people, and Citigroup Tower’s ad.

✅ Trade on WEEX 💸

⚡️ JUST IN: Hyperliquid Strategy $PURR now holds 16% of all HYPE in circulation after adding about $790 million of HYPE last quarter, funded by issuing new shares.

✅ Trade on WEEX 💸

⚡️ JUST IN: North Korea-linked hackers may have had access to Binance systems 8 weeks before the hack, SEAL says.

The attack began with a fake job interview that infected an employee’s device and exposed wallet infrastructure credentials. North Korea denies involvement.

✅ Trade on WEEX 💸

⚡️ JUST IN: A Gnosis Pay data breach exposed users’ home addresses, card and wallet details.

Rotki founder Lefteris Karapetsas says his own address was leaked. The notice says enterprise programs were unaffected, while the number of affected accounts remains unconfirmed.

✅ Trade on WEEX 💸

⚡️ JUST IN: The US Treasury says FinCEN cut MEXC Global off from the US financial system over transactions linked to sanctions evasion by Iran, North Korea and Russia.

✅ Trade on WEEX 💸

🤓 OpenAI Raises $11 Billion

OpenAI raised $11 billion at a $1.25 trillion valuation, Bloomberg reported. The money arrived on November 6, as part of a round that could reach $20 billion in coming weeks. It is unclear whether the valuation is pre- or post-money.

OpenAI initially sought $30 billion or more at $1.4 trillion, but cut its targets amid an AI stock sell-off. In March, it raised $122 billion at $852 billion. Investors were not named.

✅ Trade on WEEX 💸

⚡️ JUST IN: All seven Magnificent Seven stocks ask to stay off the planned OKX-ICE tokenized shares venue, with Apple and Meta the last to object.

✅ Trade on WEEX 💸

⚡️ JUST IN: US urges coordinated action against North Korean cyber threats after the Binance hack.

✅ Trade on WEEX 💸

⚡️ JUST IN: The EU’s 12-month task force, backed by Ukraine and the UK, targets networks tied to A7A5, the ruble-backed stablecoin, to stop Russia dodging sanctions.

✅ Trade on WEEX 💸

⚡️ JUST IN: OKX may freeze funds from MEXC after FinCEN measures, founder Star warns, while related accounts may face further investigation under sanction-like caution.

✅ Trade on WEEX 💸

Someone opened a $68,100,000 $BTC short with 13x leverage, with a $91,193 liquidation price.

✅ Trade on WEEX 💸

🪙 Bitcoin’s Third Adoption Wave

Blockstream chief Adam Back says large financial institutions will drive Bitcoin’s third adoption wave, with investors gaining BTC exposure through funds and insurance products rather than directly.

Some major banks recommend allocating 2–4% of portfolios to BTC. Many believe Adam Back is Satoshi Nakamoto.

✅ Trade on WEEX 💸