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It looks like the Austrailian crypto exchange CoinSpot was just drained for ~$2M worth of ETH from their hot wallet. Funds were then bridged to Bitcoin via Thorswap and Wan Bridge.

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[CEO of Grayscale] Sonnenshein comments about Grayscale spot BTC ETF proposal

"Time lines haven't been discussed with SEC"

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Gary Gensler speaking on Crypto

https://dcfintechweek.org/dc-fintech-week-live/

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+NEAR Foundation and Polygon Labs are collaborating to build zkWASM.

A zkWASM prover positions NEAR Protocol closer to Ethereum and enables WASM chains to tap into Ethereum liquidity.

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FTX IN TALKS WITH BULLISH, FIGURE, PROOF TO REBOOT EXCHANGE

A WINNER IN BID FOR FTX COULD BE PICKED IN DECEMBER: wsj

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SoftBank paid $1.5bn to WeWork lenders including Goldman Sachs days before bankruptcy: FT

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Illuvium [$ILV] will feature on Epic’s store from Nov. 28: Cointelegraph

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Kucoin & Gate io will list BRC20/Ordinals Project $sats (SATS).

*SATS is short for Satoshis, the smallest unit of Bitcoin.

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Binance released Its First Self-Custody Web3 MPC Wallet: X

Coinbase & OKX, also have Web3 MPC wallets.

MPC involves a private key being broken up into three parts called key shares, with two of the three key shares being controlled by the wallet owner: Coindesk

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Stablecoin lssuer Circle Internet Considering 2024 IPO: BBG

Backers include Goldman Sachs, General Catalyst and BlackRock.

Circle had tried to go public via blank-check deal in 2022

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WINTERMUTE ACCUSES NEAR OF RENEGING ON USN REDEMPTION: CEO

Crypto market maker Wintermute alleges Near Foundation and Aurora Labs failed to honor commitments to redeem USN stablecoin after agreeing to facilitate an $11M redemption.

Wintermute says it relied on public statements and private confirmation in transacting USN on behalf of FTX creditors. But Near later refused conversion, offering only 20% value.

Wintermute believes the USN Protection Programme lacks accountability and transparency. It plans legal action against Near and Aurora, arguing their unilateral decision caused direct harm by denying the agreed redemption.

The firm says it's publicizing the issue to highlight lack of accountability and deter others from similar actions. It calls on Near to complete the redemption and invites other denied USN holders to get in touch.

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New Arbitrum Proposal to Backfund Successful STIP Proposals

The proposal outlines a one-time backfund to all "approved but not funded proposals’’ from Arbitrum STIP.

The proposed AIP increases the total budget by 21.4M to 71.4M.

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The Graph is rolling out a new suite of resources, including advanced data streaming services, Large Language Models for AI-assisted querying, new query languages and verifiable data into its network.

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The Nil Foundation has introduced “zkSharding,” a ZK-Rollup Layer 2 network on Ethereum with sharding technology: TheBlock

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https://twitter.com/0xSifu/status/1717513060565315702

[Idk wt happened here but looks like Arkham maybe tweeted sifu closed/reduced short, but he replied he moved shorts to gmx lol 😁, and then Arkham deleted the post]

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ETF ANALYSTS at Bloomberg estimates a 90% probability of SEC approving spot bitcoin ETFs by January 10th.

[The analyst says approvals could come even tomorrow as the approval window opens on Nov 9].

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BIS Researchers Say Stablecoins Are Failing to Live Up to Promise: Coindesk

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Bitcoin Miners Sold More Tokens Than They Minted During October’s Crypto Rally: BBG

Top crypto miners sold 5,492 Bitcoin for about $164 million

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NEAR Foundation Launches NEAR DA to Offer Secure, Cost-Effective Data Availability for ETH Rollups and Ethereum Developers: Blog

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Rockstar Games to release the first trailer for the next Grand Theft Auto in early December.

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Ritual, a decentralized AI compute platform, landed a $25 million capital injection in a round led by Archetype, with Accomplice and Robot Ventures

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HSBC To Launch Digital Assets Custody for Tokenized Securities: BBG

HSBC will work with Ripple Labs Inc.-owned technology firm Metaco on the safekeeping services, which it expects to go live in 2024

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Grayscale Chainlink Trust Zooms to 200% Premium, Indicating Institutional Demand for LINK: Coindesk

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Rockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’ as early as this week: BBG

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Wintermute CEO: We will pursue all legal avenues against both NF [Near foundation] and Aurora

Also, for the avoidance of doubt, we have no exposure to Near. Entering into a short position, though potentially worth the effort, would significantly dilute the overall message.

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Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage: Coindesk

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Bitcoin’s volatility is gone.

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Days after laying off 50% of their staff, OpenSea executives are talking strategy at a $9 million mansion once owned by Katy Perry and Russell Brand: Fortune

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US GDP Advance QoQ: 4.9% [Est. 4.3%, Prev. 2.4%]

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sifu just increased his eth short again by $1M
New Liquidation Price: $1,972.37

Updated liquidation price: $2k

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