Lookonchain

1 days ago

Lookonchain flags suspected $106 million crypto theft tied to an EU entity

Lookonchain said a suspected theft may have drained more than $106 million in crypto assets from an EU entity, based on its on-chain monitoring. The firm said an address linked to the case had previously spent $62.97 million to buy 27,553 ETH at an average entry price of $2,286. Earlier, on-chain investigator ZachXBT said the entity appeared to have lost assets from multiple centralized exchange accounts, with the funds withdrawn in USDC and USDT. A fund flow chart shared by Lookonchain connected the ETH-buying address to addresses associated with the incident. The report did not identify the entity by name.

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BitMine

1 days ago

BitMine’s ETH Holdings Reach 6.06 Million as Tom Lee Says Market Response to Binance Hack Was Muted

BitMine added 8,573 ETH last week, bringing its total Ethereum holdings to 6,060,506 ETH as of Nov. 1, 2026, according to PR Newswire. The company said that position represents about 4.9% of Ethereum’s total supply. BitMine also reported roughly $14.5 billion in combined crypto, cash, and other investment assets, including $498 million in cash and marketable securities, 216 BTC, a $180 million equity stake in Beast Industries, and an $82 million investment in Eightco Holdings (ORBS). Of its ETH holdings, 5,227,037 ETH has been staked, equal to 86% of the total. Using a price of $2,261 per ETH, the staked position was valued at about $11.8 billion and was generating an annualized staking yield of about $358 million. In the company’s weekly report, Chairman Tom Lee said the market reaction to the Binance hack had been relatively mild compared with the February 2025 Bybit hack, citing smaller ETH losses after disclosure. He listed six reasons, including Binance’s ability to cover user losses, the absence of DeFi contagion, faster industry coordination, and the FBI’s identification of North Korea within two days.

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U.S. midterm election

1 days ago

U.S. Midterms Enter Final 36 Hours as Traders Watch for a Post-Election Bounce in Stocks and Bitcoin

With the 2026 U.S. midterm election entering its final 36 hours, market attention has turned to whether the event could mark a near-term low for U.S. equities and Bitcoin. According to an Odaily analysis, Democrats are now seen as having a 72% chance of sweeping both chambers of Congress, including a 95% chance of controlling the House and a 73% chance of taking the Senate. The report argues that such expectations have already weighed on the recent rebound in U.S. stocks, while a Democratic victory could complicate crypto legislation and slow the push for crypto-friendly regulation at the SEC and CFTC. At the same time, it says much of that risk may already be priced in, leaving room for a short-term rebound after the election regardless of the outcome. The piece also cites views from Citic Securities, Morgan Stanley strategist Mike Wilson, The Kobeissi Letter, and market commentator Serenity, all of whom point to historical patterns showing stronger equity performance after midterm elections. It further notes that the bottoms of the last three Bitcoin cycles all came after U.S. midterms, and that crypto-linked stocks such as MSTR, COIN, and RIOT outperformed in the most recent post-election window.

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Bitcoin ETF

1 days ago

Lookonchain tracks $614 million in daily net outflows from Bitcoin ETFs, $102 million from Ethereum ETFs

Lookonchain recorded heavy one-day outflows across U.S. crypto exchange-traded funds, with Bitcoin ETFs posting about $614 million in net outflows and Ethereum ETFs seeing roughly $102 million leave in the same period. The figures were cited in a ChainCatcher newsflash published on Nov. 2, 2026. The brief did not name specific ETF products, issuers, or exchanges, and it did not provide a breakdown by fund. No additional context on the cause of the outflows was included in the source item. The report only stated the monitored daily net outflow totals for Bitcoin and Ethereum ETF products.

20

India

1 days ago

India central bank and FIU review offshore crypto payment cards

India’s central bank and the Financial Intelligence Unit are reviewing offshore crypto payment cards that let users convert cryptocurrency into rupees for spending through Visa and Mastercard networks, according to a Techub News brief citing Crypto.news. The products under review include cards linked to RedotPay and similar services. Some users in India said they have recently run into card suspensions or have been unable to access related websites. The review trail was linked to Digital South Trust, a blockchain research group based in Bengaluru. The group said it had obtained a RedotPay virtual card and completed a domestic transaction in India. The report also said RedotPay is still preparing for a potential U.S. IPO. Visa, Mastercard, and the Reserve Bank of India did not respond to requests for comment, according to the source material.

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Tom Lee

1 days ago

Tom Lee says markets can stay strong through year-end despite recent volatility

Tom Lee, chairman of Bitmien and co-founder of Fundstrat, said he still expects markets to remain strong through the end of the year despite recent volatility. Speaking on CNBC's Squawk Box, Lee discussed the coming week's trading focus, the U.S. midterm election cycle, and the recent attack on Binance. He pointed to several signals that, in his view, suggest markets may be nearing a bottom. Those include gains in the Invesco S&P 500 Equal Weight ETF (RSP) while broader indexes declined, a pullback in Treasury yields and oil prices, extremely defensive fund manager positioning, and cautious market sentiment. Lee also said the crypto market showed notable resilience after what he described as the largest hack in Binance's history. He added that the U.S. midterm election cycle has historically aligned with equity markets approaching a bottom, while current valuations are not expensive and fundamentals remain strong. Based on those factors, Lee said the odds still lean toward an upward move in markets.

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North Korea

1 days ago

How North Korea Became Crypto’s Most Aggressive Predator After a Decade of Heists

North Korea-linked hacking groups tied to Lazarus were involved in 37 crypto theft cases worth an estimated $11.817 billion between 2017 and 2026, according to statistics cited by Deep Tide TechFlow. The report traces a clear pattern across major incidents, from the $7 million Bithumb theft in 2017 to the Ronin Bridge exploit, the Bybit cold-wallet breach, and the Binance hot-wallet attack that moved more than $6.26 billion across nine chains on Oct. 30, 2026. The article argues that the methods changed, but the entry point often did not: attackers found a person, deceived that person, and used that access to open the system. It also examines North Korean IT worker infiltration inside crypto firms, citing investigations by CoinDesk, comments from MetaMask security researcher Taylor Monahan, United Nations estimates, and CrowdStrike data showing more than 320 companies were infiltrated over a 12-month period. The report also looks at how North Korea’s cyber apparatus was built, how different subgroups such as TraderTraitor, AppleJeus, BlueNoroff, Famous Chollima, and DangerousPassword are described by security researchers, and how Microsoft’s threat intelligence team says some North Korean groups have already integrated AI tools deeply into day-to-day attack operations.

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artificial intelligence

1 days ago

Hassett says artificial intelligence has a well-funded ecosystem

Kevin Hassett, director of the White House National Economic Council, said artificial intelligence is a "very well-funded ecosystem," according to a news brief published by Odaily and attributed to Sina Finance. Hassett said there is a large amount of capital within the AI ecosystem and added that people should feel reassured. The item was published as a short technology update, with no additional details on timing, companies, or funding figures disclosed in the source text.

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