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South Korea clarifies court procedures for seizing and liquidating crypto assetsThe Supreme Court of Korea's Judicial Administration Office said revised Civil Execution Rules took effect on November 1, clarifying crypto asset seizure, transfer and liquidation. Enforcement against platform-held assets may involve seizing the user's claim for the platform to transfer those assets. Courts may prohibit debtors from disposing of assets in personal wallets and require transfer to an enforcement officer's management before lawful sale or transfer to creditors. South Korea recorded 3,186 civil enforcement cases involving crypto asset trading platforms in the first nine months of 2026.

South Korea clarifies court procedures for seizing and liquidating crypto assets

The Supreme Court of Korea's Judicial Administration Office said revised Civil Execution Rules took effect on November 1, clarifying crypto asset seizure, transfer and liquidation. Enforcement against platform-held assets may involve seizing the user's claim for the platform to transfer those assets. Courts may prohibit debtors from disposing of assets in personal wallets and require transfer to an enforcement officer's management before lawful sale or transfer to creditors. South Korea recorded 3,186 civil enforcement cases involving crypto asset trading platforms in the first nine months of 2026.
South Korea clarifies virtual asset seizure and cash conversion proceduresSouth Korea's National Court Administration has established procedures for enforcing claims against cryptocurrencies such as Bitcoin. The revised Civil Execution Rules became effective on November 1. The rules address assets held by exchanges and in personal wallets, including sales through commissioned exchanges.

South Korea clarifies virtual asset seizure and cash conversion procedures

South Korea's National Court Administration has established procedures for enforcing claims against cryptocurrencies such as Bitcoin. The revised Civil Execution Rules became effective on November 1. The rules address assets held by exchanges and in personal wallets, including sales through commissioned exchanges.
China's cyberspace regulator launches unified filing, ends two older systemsThe Cyberspace Administration of China launched an integrated filing system for new technologies and applications on November 9, 2026. The system covers generative artificial intelligence, algorithms, deep synthesis and blockchain. The previous algorithm and blockchain filing systems ceased operating at the same time.

China's cyberspace regulator launches unified filing, ends two older systems

The Cyberspace Administration of China launched an integrated filing system for new technologies and applications on November 9, 2026. The system covers generative artificial intelligence, algorithms, deep synthesis and blockchain. The previous algorithm and blockchain filing systems ceased operating at the same time.
Ave.ai has integrated Elysium, enabling cross-chain transfers and on-chain trading of assets in the ecosystem. Users can also access market data through Ave.ai. Kinetiq launched Elysium as a Layer 2 for Hyperliquid, with HYPE used to pay gas fees.
Ave.ai has integrated Elysium, enabling cross-chain transfers and on-chain trading of assets in the ecosystem. Users can also access market data through Ave.ai. Kinetiq launched Elysium as a Layer 2 for Hyperliquid, with HYPE used to pay gas fees.
Ethereum ETFs lose $365.3 million in a week as whales add about 35,350 ETHUS spot Ethereum ETFs recorded $365.3 million in outflows last week, extending the withdrawal streak to six weeks. On-chain trackers show that three large wallets added about 35,350 ETH. SoSoValue data puts the funds' combined outflows over those six weeks at about $2 billion. Ethereum traded at $2,140.08, below recent whale entry prices ranging from $2,155 to $2,304. A rising wedge breakdown points toward $1,754, which would deepen the whales' losses and increase pressure on a position financed with borrowing.

Ethereum ETFs lose $365.3 million in a week as whales add about 35,350 ETH

US spot Ethereum ETFs recorded $365.3 million in outflows last week, extending the withdrawal streak to six weeks. On-chain trackers show that three large wallets added about 35,350 ETH. SoSoValue data puts the funds' combined outflows over those six weeks at about $2 billion. Ethereum traded at $2,140.08, below recent whale entry prices ranging from $2,155 to $2,304. A rising wedge breakdown points toward $1,754, which would deepen the whales' losses and increase pressure on a position financed with borrowing.
Meme trading platform XXYY announces plan to shut down websiteMeme trading platform XXYY has announced plans to close its website in stages. XXYY said normal trading and rebate withdrawals will remain available through November 30, 2026. XXYY said trading and rebate withdrawals will end on December 1, 2026, leaving only private key exports available. XXYY said users will be able to export private keys through January 31, 2027, but not afterward.

Meme trading platform XXYY announces plan to shut down website

Meme trading platform XXYY has announced plans to close its website in stages. XXYY said normal trading and rebate withdrawals will remain available through November 30, 2026. XXYY said trading and rebate withdrawals will end on December 1, 2026, leaving only private key exports available. XXYY said users will be able to export private keys through January 31, 2027, but not afterward.
SpaceX plans $24 billion Texas supercomputer project with gas-fired power plantSpaceX plans a $24 billion supercomputer project in Starbase, Texas, with a natural gas power plant and a data center. SpaceX is seeking a property tax abatement, with a city commission hearing scheduled for Dec. 9. The proposed power plant would reportedly generate 748 megawatts using 35 turbines. Bitcointreasuries.net puts SpaceX's bitcoin holdings at about $1.39 billion, roughly one-seventeenth of the project's cost. Whether on-site power generation will allow SpaceX to avoid a state regulatory hurdle remains uncertain.

SpaceX plans $24 billion Texas supercomputer project with gas-fired power plant

SpaceX plans a $24 billion supercomputer project in Starbase, Texas, with a natural gas power plant and a data center. SpaceX is seeking a property tax abatement, with a city commission hearing scheduled for Dec. 9. The proposed power plant would reportedly generate 748 megawatts using 35 turbines. Bitcointreasuries.net puts SpaceX's bitcoin holdings at about $1.39 billion, roughly one-seventeenth of the project's cost. Whether on-site power generation will allow SpaceX to avoid a state regulatory hurdle remains uncertain.
Solana developers propose removing feature used in at least $270 million Drift hackSolana developers want to remove durable nonce, the transaction feature attackers used to steal at least $270 million from trading protocol Drift in April. Anza's Gabe Rodriguez filed proposal SIMD-0723 on November 5. The draft rules out activation before May 5, 2027, although the Solana Foundation's migration conditions could delay removal further. Custodians and exchanges using offline signing would need replacement programs. The draft warns that those programs can leave transfer authorizations valid after a transaction fails.

Solana developers propose removing feature used in at least $270 million Drift hack

Solana developers want to remove durable nonce, the transaction feature attackers used to steal at least $270 million from trading protocol Drift in April. Anza's Gabe Rodriguez filed proposal SIMD-0723 on November 5. The draft rules out activation before May 5, 2027, although the Solana Foundation's migration conditions could delay removal further. Custodians and exchanges using offline signing would need replacement programs. The draft warns that those programs can leave transfer authorizations valid after a transaction fails.
Trump defends family's crypto business, says he cannot stop sons from doing businessPresident Donald Trump defended the Trump family's involvement in World Liberty Financial on Sunday, saying Trump cannot tell his sons to stop doing business during his presidency. Trump faced questions on "60 Minutes" about co-owning the cryptocurrency platform and a top United Arab Emirates royal buying a 49% stake. Trump said Wall Street firms manage most of his wealth and that Trump does not personally make investment decisions. Trump's 2025 financial disclosure recorded cryptocurrency income exceeding $1.4 billion, including more than $520 million from World Liberty Financial token sales.

Trump defends family's crypto business, says he cannot stop sons from doing business

President Donald Trump defended the Trump family's involvement in World Liberty Financial on Sunday, saying Trump cannot tell his sons to stop doing business during his presidency. Trump faced questions on "60 Minutes" about co-owning the cryptocurrency platform and a top United Arab Emirates royal buying a 49% stake. Trump said Wall Street firms manage most of his wealth and that Trump does not personally make investment decisions. Trump's 2025 financial disclosure recorded cryptocurrency income exceeding $1.4 billion, including more than $520 million from World Liberty Financial token sales.
McHenry says crypto industry missed chance to secure regulatory clarityFormer House Financial Services Committee Chairman Patrick McHenry said the crypto industry lost an opportunity to obtain regulatory clarity. McHenry said the industry rejected workable compromises and failed to advance comprehensive regulatory legislation. McHenry also accepted a share of responsibility. Bitcoin.com News reported that the CLARITY Act remained stalled after a Senate procedural vote failed 49 to 50 in September 2026.

McHenry says crypto industry missed chance to secure regulatory clarity

Former House Financial Services Committee Chairman Patrick McHenry said the crypto industry lost an opportunity to obtain regulatory clarity. McHenry said the industry rejected workable compromises and failed to advance comprehensive regulatory legislation. McHenry also accepted a share of responsibility. Bitcoin.com News reported that the CLARITY Act remained stalled after a Senate procedural vote failed 49 to 50 in September 2026.
Roundup: Allora and Connex token unlocks projected for second week of NovemberToken releases worth more than $623.9 million are projected for the second week of November 2026. Allora is expected to unlock 160.22 million ALLO worth $23.14 million on November 11. Connex is expected to release 1.32 million CONX worth approximately $17.01 million on November 15. Aztec is expected to unlock 797.50 million AZTEC worth $9.88 million on November 13. Tokenomist lists these three unlocks as pending verification, so the figures remain projections. The releases could increase market volatility and affect short-term prices.

Roundup: Allora and Connex token unlocks projected for second week of November

Token releases worth more than $623.9 million are projected for the second week of November 2026. Allora is expected to unlock 160.22 million ALLO worth $23.14 million on November 11. Connex is expected to release 1.32 million CONX worth approximately $17.01 million on November 15. Aztec is expected to unlock 797.50 million AZTEC worth $9.88 million on November 13. Tokenomist lists these three unlocks as pending verification, so the figures remain projections. The releases could increase market volatility and affect short-term prices.
China's central bank pledges Solana probe as cryptocurrency crackdown continuesThe People's Bank of China halted planned Solana events on the mainland and pledged investigations into participants, PBOC-backed Financial News reported on Friday. An unnamed PBOC official said Solana's businesses constituted illegal financial activities and that promoting Solana violated a February notice. The intervention has ended hopes that Beijing would relax the cryptocurrency crackdown. Solana Foundation president Lily Liu previously said the Shanghai event was postponed because registrations greatly exceeded the capacity registered with local authorities. Solana did not immediately answer a request for comment.

China's central bank pledges Solana probe as cryptocurrency crackdown continues

The People's Bank of China halted planned Solana events on the mainland and pledged investigations into participants, PBOC-backed Financial News reported on Friday. An unnamed PBOC official said Solana's businesses constituted illegal financial activities and that promoting Solana violated a February notice. The intervention has ended hopes that Beijing would relax the cryptocurrency crackdown. Solana Foundation president Lily Liu previously said the Shanghai event was postponed because registrations greatly exceeded the capacity registered with local authorities. Solana did not immediately answer a request for comment.
Zcash developers propose 20-second blocks after NU7 upgradeZcash developers have proposed lowering the target block interval to 20 seconds from 25 seconds to speed up transaction confirmations. ValarDragon and Evan Forbes submitted the draft proposal on Sunday for possible inclusion in the upcoming NU7.1 upgrade. The developers said the change would leave daily capacity for private transactions unchanged. The proposal would maintain the existing issuance schedule.

Zcash developers propose 20-second blocks after NU7 upgrade

Zcash developers have proposed lowering the target block interval to 20 seconds from 25 seconds to speed up transaction confirmations. ValarDragon and Evan Forbes submitted the draft proposal on Sunday for possible inclusion in the upcoming NU7.1 upgrade. The developers said the change would leave daily capacity for private transactions unchanged. The proposal would maintain the existing issuance schedule.
Market data showed Enflame Technology gaining nearly 15% during an afternoon rebound in A-share computing-power chip concept stocks. Tianpu Shares and Cambricon also advanced.
Market data showed Enflame Technology gaining nearly 15% during an afternoon rebound in A-share computing-power chip concept stocks. Tianpu Shares and Cambricon also advanced.
Ethereum developers propose rival fixes for Glamsterdam contract risksTwo Ethereum developers submitted competing proposals on Sunday to prevent the Glamsterdam upgrade from breaking existing apps that hold users' funds. Leo Glisic proposes keeping existing contracts on current gas prices, while Giulio Rebuffo proposes applying new prices without disrupting existing contracts' execution. Security concerns have already postponed a second upgrade rehearsal scheduled for October 26. Both proposals remain drafts, and neither has a target date.

Ethereum developers propose rival fixes for Glamsterdam contract risks

Two Ethereum developers submitted competing proposals on Sunday to prevent the Glamsterdam upgrade from breaking existing apps that hold users' funds. Leo Glisic proposes keeping existing contracts on current gas prices, while Giulio Rebuffo proposes applying new prices without disrupting existing contracts' execution. Security concerns have already postponed a second upgrade rehearsal scheduled for October 26. Both proposals remain drafts, and neither has a target date.
Jarrod M. Patten, a member of Strategy's board, sold 4,750 shares worth approximately $669,800 on November 4. Patten held 28,406 shares after the sales.
Jarrod M. Patten, a member of Strategy's board, sold 4,750 shares worth approximately $669,800 on November 4. Patten held 28,406 shares after the sales.
California orders Coinflip to repay over $4.8 million to ATM scam victimsCalifornia's Department of Financial Protection and Innovation (DFPI) ordered Coinflip on November 4 to provide over $4.8 million in restitution to scam victims in California. The cryptocurrency ATM operator must also pay regulators over $350,000 in excess fees collected illegally. The order applies to approximately 500 Coinflip devices in California and requires Coinflip to stop unlawful practices. Investigators found deficiencies in customer identification and safeguards against suspicious activity dating back to 2021.

California orders Coinflip to repay over $4.8 million to ATM scam victims

California's Department of Financial Protection and Innovation (DFPI) ordered Coinflip on November 4 to provide over $4.8 million in restitution to scam victims in California. The cryptocurrency ATM operator must also pay regulators over $350,000 in excess fees collected illegally. The order applies to approximately 500 Coinflip devices in California and requires Coinflip to stop unlawful practices. Investigators found deficiencies in customer identification and safeguards against suspicious activity dating back to 2021.
Blumenthal sets January 4 records deadline for Binance, Tether and Trump-linked firmsSenator Richard Blumenthal has requested records from Binance, Tether and two Trump-linked crypto firms by January 4 for Senate investigations. Blumenthal warned that failure to meet the deadline would require the Permanent Subcommittee on Investigations to consider other enforcement measures. Blumenthal is set to become the panel's chair when the new Congress convenes in January. Binance has denied allegations of evading Iran sanctions, while Tether cited support for about $550 million in Iran-linked freezes this year.

Blumenthal sets January 4 records deadline for Binance, Tether and Trump-linked firms

Senator Richard Blumenthal has requested records from Binance, Tether and two Trump-linked crypto firms by January 4 for Senate investigations. Blumenthal warned that failure to meet the deadline would require the Permanent Subcommittee on Investigations to consider other enforcement measures. Blumenthal is set to become the panel's chair when the new Congress convenes in January. Binance has denied allegations of evading Iran sanctions, while Tether cited support for about $550 million in Iran-linked freezes this year.
Bitcoin ends 7-week run above 50-week moving average with $74,968 closeBitcoin ended the week on November 8 at $74,968, putting the weekly close 0.7% below the 50-week moving average after seven consecutive weeks above it. The close remained 26% above the June 28 cycle low of $59,517. Galaxy's historical charts show two previous post-bottom recoveries above the average that subsequently failed without Bitcoin breaking the earlier bear market low. However, Bitcoin has a smaller margin above the cycle low this time. Galaxy research head Alex Thorn cautioned that the sample contains only five recoveries and that a bottom can be confirmed only retrospectively.

Bitcoin ends 7-week run above 50-week moving average with $74,968 close

Bitcoin ended the week on November 8 at $74,968, putting the weekly close 0.7% below the 50-week moving average after seven consecutive weeks above it. The close remained 26% above the June 28 cycle low of $59,517. Galaxy's historical charts show two previous post-bottom recoveries above the average that subsequently failed without Bitcoin breaking the earlier bear market low. However, Bitcoin has a smaller margin above the cycle low this time. Galaxy research head Alex Thorn cautioned that the sample contains only five recoveries and that a bottom can be confirmed only retrospectively.
SlowMist identifies fake TradingView Premium crack as an infostealer trojanSlowMist's security team confirmed that a Windows sample advertised as a cracked TradingView Premium version is an infostealer trojan. SlowMist said the malware can steal browser credentials, crypto wallets and Telegram data. SlowMist has not obtained a macOS sample because the download link currently returns a 404 error. SlowMist urged anyone who ran the software to immediately disconnect from the internet, transfer assets using a clean device and change seed phrases.

SlowMist identifies fake TradingView Premium crack as an infostealer trojan

SlowMist's security team confirmed that a Windows sample advertised as a cracked TradingView Premium version is an infostealer trojan. SlowMist said the malware can steal browser credentials, crypto wallets and Telegram data. SlowMist has not obtained a macOS sample because the download link currently returns a 404 error. SlowMist urged anyone who ran the software to immediately disconnect from the internet, transfer assets using a clean device and change seed phrases.
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