Story archive · page 6
232 stories from the Blackmint Desk, newest first. Live market news is on Blackmint.
- Macro ·
Jobs Report, Treasury Borrowing and the BoE Set Up a Busy Week
Treasury sets its borrowing plan Wednesday, the Bank of England decides Thursday and October jobs land Friday, with bitcoin near $77,359.
- Bitcoin ·
Bitcoin ETFs Lose $643 Million Friday, Wiping Out the Week's Gains
Spot ether ETFs shed $155.7 million too, their fifth straight day of withdrawals. BlackRock's IBIT and Fidelity's FBTC led the bitcoin exits.
- Regulation ·
CFTC Chair Cites $6.3B Binance Hack in Push for Exchange Registration
Michael Selig says the theft proves the CFTC's case for a federal option for offshore exchanges. Registration stays optional; comments close Dec. 14.
- Altcoins ·
Binance Sets Aside $6.34B for Hack Losses, Buys Missing Tokens
Binance says $5 billion of the reserve already sits in the stolen tokens and it is buying the rest, though some of those coins trade thinly.
- Markets ·
Intel Sinks 29% on Weak Forecast as Nasdaq Slides Over 2%
Intel guided fourth-quarter revenue to $15 billion to $16 billion, short of the $17.07 billion analysts expected, and sees the PC slump lasting into 2027.
- Altcoins ·
TRM Labs Ties $6.36B Binance Hack to North Korea's TraderTraitor
The attacker pre-signed 50 Ethereum authorizations and still holds about $2.4 billion in bitcoin and ether that no issuer can freeze, TRM Labs said.
- Altcoins ·
Binance Says Laptop Breach May Be Behind $6.3B Hack, Vows Full Cover
Binance puts the hack at about $6.3 billion, names a compromised engineer's laptop as a possible cause and says it will cover all losses as withdrawals stay shut.
- Macro ·
Bank of Japan Says 2% Goal Is Met for First Time Since 2013
The Bank of Japan held at 1.25% but called underlying inflation consistent with 2% for the first time since 2013, clearing its own bar for more hikes.
- Altcoins ·
Binance Pauses Some Withdrawals as $2.54B Frozen After Alleged Multi-Billion Hack
Trackers allege $5.7B to $5.8B was taken, which Binance hasn't confirmed. Tether and Circle froze more than 2.3 billion in stablecoins.
- Bitcoin ·
Bitcoin Drops 3% to $78,177 as Billions Leave Binance Hot Wallets
$627.7 million in bets were force-closed in an hour, 97% of them longs. BNB fell about 9%, three times bitcoin's drop.
- Altcoins ·
Binance Probes Billions in Hot-Wallet Outflows, Says Funds Are Safe
Billions left Binance hot wallets Thursday. Tether froze 1.567B USDT, CZ said it looks like a hack, and Binance says user funds are safe.
- Markets ·
Coinbase Posts $719M Q3 Profit, Mostly From Crypto It Kept
Coinbase made $719 million in Q3, but $715 million was a paper gain on its own crypto. Adjusted profit was $77.7 million.
- Macro ·
ECB Holds Rates at 2.5% as Lagarde Sets Feb. 7 Exit Date
Euro-area inflation hit 3.8% in September, and money markets now see about a 67% chance of a December hike, per LSEG data cited by CNBC.
- Macro ·
US Economy Grows 3.4% as September PCE Inflation Hits 3.6%
Prices rose 0.5% in September alone, up from 0.3% in August, a day after the Fed held rates at 3.75%-4%. Next GDP revision: Nov. 25.
- Regulation ·
Utah Files 14 Criminal Charges Against Kalshi and Its Co-Founders
An undercover state investigator placed 12 sports bets on Kalshi in 11 days. Kalshi called the felony case "a crazy overreach."
- Regulation ·
ADGM Gives Crypto Miners License Code 7230 in Abu Dhabi
Miners file their on-chain reward addresses with the registrar, and custodial staking may need a separate financial permit.
- Bitcoin ·
Bitcoin Core Fixes Bug That Let Peers Take Down Windows, Mac Nodes
Linux nodes weren't exposed to the node shutdown bug. A separate low-severity flaw still affects 32-bit systems and FAT32 drives after the update.
- Bitcoin ·
Bitcoin Slips Under $80,000 Ahead of Friday's Options Expiry
Options on about 135,600 BTC expire Friday on Deribit, roughly $10.8 billion, with calls outnumbering puts nearly 2 to 1.
- Regulation ·
Bessent Tells Swell That Stablecoins Will Help Fund the Treasury
With the CLARITY Act stalled in the Senate, Bessent said regulators can "convene" to set crypto rules. Treasury hasn't posted a transcript of the Oct. 27 talk.
- Macro ·
Fed Holds Rates at 3.75%-4% as Cook and Hammack Vote for a Hike
The 10-2 vote keeps the range set by September's hike. The Fed said inflation "remains elevated" and gave no date for its next move.
- Regulation ·
US Sanctions 11 Targets in North Korea IT Worker Crypto Networks
Treasury says a Russian national converted about $3.5 million in crypto for a sanctioned North Korean IT firm as it names 10 people and one entity.
- Macro ·
Bank of Canada Hikes to 2.5% and Leaves the Door Open to More
Canada's central bank raised rates 25 basis points on energy-driven inflation and said another increase may be needed, but it will proceed carefully.
- Altcoins ·
Bithumb Says Staff Data Leaked in Breach, Still Checking Customer Data
South Korea's FSC held an emergency meeting Wednesday and started on-site checks. No leak of wallet addresses has been confirmed, the regulator said.
- Bitcoin ·
Datavault AI Says It Can't Withdraw Its Bitcoin, Will Restate Results
A June withdrawal from Biconomy still hasn't gone through. The fix cuts reported assets by up to $92.2 million, and the shares fell about 50%.
- Macro ·
Australia's Inflation Climbs to 4.3%, Above Forecast, Before RBA Vote
September CPI beat the 4.2% forecast as fuel and power costs jumped. The RBA, already at 4.60% after a September hike, meets Nov. 2-3.