Category: crypto

Early supporters of Sui Name Service are being rewarded with an airdrop of 7.6 million NS tokens for their participation in DAO proposals. The tokens were distributed to over 95,000 addresses, providing recipients with enhanced voting power. This initiative aims to strengthen onchain identity and governance within the Sui network.

Coinbase reported strong Q3 earnings, with $1.9 billion in revenue, a 25% increase from the previous quarter. Trading volumes reached $295 billion, with growth in both retail and institutional activity. The exchange’s “Everything Exchange” vision is expanding, with a focus on derivatives, stablecoins, and institutional products, offsetting fee pressures.

Coinbase CEO Brian Armstrong announced that the company has increased its Bitcoin holdings by 2,772 BTC in Q3 2025, bringing the total to around $1.6 billion. The firm’s revenue surged by 25% to $1.9 billion, driven by institutional trading and market conditions. Armstrong stated that Coinbase will continue to purchase more Bitcoin.

A document posted on Sam Bankman-Fried’s X account suggests that FTX was never bankrupt and had enough assets to repay customers despite filing for Chapter 11 in November 2022. The document highlights FTX’s substantial assets and claims that the company’s estate still holds $8 billion after settling liabilities and legal fees. The post triggered a…

Canary Capital Group’s XRP spot ETF is set to launch on November 13 after an updated SEC filing. The NYSE and Nasdaq have listed new spot crypto ETFs for Solana, Litecoin, and Hedera. Despite the recent government shutdown, issuers have leveraged new listing standards for the anticipated XRP ETF launch.

NEAR Protocol has decreased its annual token inflation rate from 5% to 2.4% through a network upgrade. This move has sparked debate over governance as an earlier community vote on the change did not reach the required approval threshold. Validators controlling 80% of staked tokens must adopt the new protocol within 30 days for activation.

Bitcoin and Ethereum ETFs are experiencing significant outflows, totaling over $670 million, as both assets drop below key price levels. In contrast, Solana, HBAR, and Litecoin ETFs are seeing steady inflows after new listings on major U.S. exchanges, showcasing growing investor interest in diversified crypto exposure amidst market pressure.

BNB Chain has identified the cause of the X account hack, resulting in a $13,000 loss. All 13 affected users have been compensated in USDT. The breach was due to a phishing link, prompting improved security measures. The team has not disclosed efforts to recover funds from the hacker.

Solana’s spot inflows have dropped to a six-month low of $180 million after the launch of two SOL ETFs on the U.S market. The price of Solana has fallen to around $186, with technical indicators signaling a bearish trend. Exchange data shows increased outflows, indicating waning demand and liquidity.

Bitwise’s CIO Matt Hougan is optimistic about Solana’s growth potential, comparing it to Bitcoin’s early trajectory. He believes that Solana has room to capture more market share in the stablecoin and tokenization sector. Hougan also noted growing institutional interest in Solana, predicting explosive growth similar to Bitcoin.