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Tron founder Justin Sun said his lawyers had asked the court to sanction World Liberty Financial, which is accused of delaying disclosure of ownership ties to the United Arab Emirates that could prevent federal jurisdiction. Sun claims the Trump family-backed crypto company used the delay to move his lawsuit out of federal court. Sun invested $45 million in WLFI tokens and filed suit in April, accusing the company of misleading him and unlawfully freezing his tokens. World Liberty told the court that Sun had shorted WLFI and driven down its price. Sun said he would take the case to a California state court once the sanctions motion had been decided.

Cboe and the Capital Markets Alliance (CMA) are suing the U.S. Commodity Futures Trading Commission (CFTC) over its approval of perpetual derivatives linked to individual U.S. stocks. The CMA is seeking to overturn the approval, classify the products as security-based swaps, and prevent it from taking effect while the lawsuit is pending. The case concerns contracts offered by Coinbase, Kalshi, and Bitnomial.

Bitcoin is trading around $77,000 as investors await the results of the U.S. midterm elections. Coinglass recorded liquidations affecting 87,569 traders, totaling $353.26 million over the past 24 hours. SoSoValue recorded $398.6 million in net outflows from spot Bitcoin ETFs on Monday. Crypto chart analyst Ali Martinez believes Bitcoin has bottomed at $76,195. Crypto trader Daan Crypto Trades identified downside liquidity levels at $75,000 and $76,200.

The Commodity Futures Trading Commission (CFTC) says perpetual futures contracts linked to individual stocks can be traded on regulated U.S. markets for the first time. Its chair, Michael Selig, said Tuesday that the contracts were deemed approved under CFTC Rule 40.3. Authorized markets must be registered with both the CFTC and the Securities and Exchange Commission to trade security futures products. Selig did not name any markets that would offer the contracts or give a launch date. CME Group’s Chicago Mercantile Exchange has challenged in court the CFTC’s approval of perpetual cryptocurrency futures contracts, arguing that they must be regulated as swaps rather than futures.

The $6.3 billion Binance hack could prompt investors to assign higher valuations to custodians and infrastructure that protect digital assets. Binance CEO Richard Teng said Tuesday that Binance had replaced 98% of the affected assets, worth $6.34 billion. Binance continued to buy the remaining, less liquid assets, Teng said. Binance’s response and help from other companies in the cryptocurrency sector helped prevent the breach from turning into a broader crisis of confidence. Morgan Stanley said repeated breaches could prompt investors to entrust their assets to independent custodians while continuing to trade on centralized exchanges.

Binance said it had identified and stopped 57 suspected cyber incidents linked to North Korea since the beginning of 2026. These incidents included fake job interviews and compromised software packages. Binance said that a purported project director at a nonexistent company had approached a software engineer through a legitimate recruitment platform in September. The attackers built trust before asking the engineer to download an infected code repository during a second-round interview. In June, another engineer downloaded a compromised Homebrew installer, prompting Binance’s security team to replace the device and change all credentials.

Binance confirmed that hackers had stolen a record $6.3 billion in cryptocurrency last week in an attack involving fake recruiters and malware. Binance said North Korean hackers had targeted an employee for months using fake identities on social media and a possible job offer. Researchers had been warning for years about this type of attack, and the FBI and blockchain investigators attributed the theft to North Korea. The breach led Binance to suspend customer withdrawals across the platform’s entire network. Binance said it had strengthened its security and planned to recruit cybersecurity experts to investigate the incident.

GitBook said that a targeted attack involving AI agents exposed some of its infrastructure credentials on November 2, causing service disruptions and the revocation of customers’ API tokens. Information that may have been exposed includes integration secrets, API tokens, and questions sent to GitBook’s AI assistant. GitBook said investigators had found no evidence that hosted content had been modified. The company urged its customers to replace their GitBook API tokens and credentials connecting third-party services. PancakeSwap, a decentralized exchange platform, temporarily disabled its documentation before moving it to infrastructure under its control, while stating that its systems had not been compromised.

At 16:30 UTC, Kalshi put the probability of Democrats winning both chambers of Congress at 75%, and Polymarket put it at 75.5%, on the eve of Tuesday’s US midterm elections. A Washington Post analysis estimated that election-related transactions on the platforms had reached nearly $1.9 billion by Monday, a record for a midterm cycle. The vote comes nine days after the runoff in Brazil’s presidential election, in which prediction markets had failed to anticipate Luiz Inácio Lula da Silva’s victory. Traders were betting on Democrat Sherrod Brown in Ohio, despite significant spending against him and in favor of Senator Jon Husted by a political group funded by the cryptocurrency industry. In Maine, traders were betting on crypto-friendly Democrat Troy Jackson against Senator Susan Collins, who voted against continuing consideration of the CLARITY Act. Polymarket’s conditional markets suggested a higher risk of recession if Democrats won both chambers of Congress.

The Commodity Futures Trading Commission (CFTC) announced Tuesday that perpetual futures contracts tied to individual stocks will be available for trading on markets registered with the agency for the first time. These contracts allow traders to hold leveraged positions without an expiration date, provided they meet margin and funding requirements. These products fall under the joint oversight of the CFTC and the Securities and Exchange Commission (SEC). CFTC Chair Michael Selig described the decision as another step toward integrating perpetual products into regulated U.S. markets, following the agency’s approval earlier this year of perpetual futures contracts on bitcoin for Kalshi.

Binance said hackers had used malware, fake job interviews and an internal AI tool to steal $6.3 billion (£4.7 billion). The operation began in June and culminated last week in an attack on the exchange platform’s hot wallets. Binance said that $2.85 billion of the $6.34 billion withdrawn from cryptocurrency wallets had been frozen or intercepted. The FBI accused North Korea on Saturday. On Tuesday, however, Kim Yo-jong, an official in North Korea’s ruling party, rejected the accusation, according to the official news agency KCNA.

Binance said on November 2 that less liquid tokens were delaying the replacement of about 5% of the amount affected by the theft. Binance scheduled a new withdrawal phase for November 3 at 04:00 UTC, with availability expanding as assets and networks passed checks. Binance said a completed proof of reserves covered ten tokens as of the October 31 reference date, with balances guaranteed at a minimum of one-to-one. Binance planned a broader reserve reference date for November 4. Binance reaffirmed that the company would absorb the financial impact rather than pass losses on to users.

This overview covers cybersecurity incidents that occurred in October, Cybersecurity Awareness Month, and early November. Blockchain security firm PeckShield recorded 56 major cryptocurrency hacks in October. Binance suffered a $6.3 billion hack, of which around $3 billion was frozen on the blockchain. The FBI attributed the attack on Binance to TraderTraitor, a group linked to North Korea, but North Korea denied any involvement. Ledger users lost a total of $90 million after buying devices containing spyware from reseller CryptoBilis.

North Korea denied any responsibility for the $6.3 billion Binance hack after the FBI blamed it for the attack over the weekend. Kim Yo Jong, sister of North Korean leader Kim Jong Un, called the accusations a “worn-out provocation” on Tuesday. The exchange suspended all deposits and withdrawals after unexpected transfers from its wallets last week. Binance announced on Saturday that it had recovered 90% of the stolen assets. Binance said the company, not its users, would bear the financial losses.

Bitcoin traded around $77,500 on Tuesday, below the $80,000 threshold that Wintermute considers pivotal for the market. In its November 2026 update, Wintermute said investors had mainly bought the dip using leveraged perpetual futures contracts, without providing sufficient spot-buying support. A sustained move above $80,000, backed by spot purchases and ETF inflows, could restore confidence in the short term. A drop below the 50-week moving average, around $76,800, would strengthen the bearish outlook.

XRP treasury company Evernorth Holdings closed yesterday at $11.70, its lowest closing price since the merger took effect. The price was 44% below the first-day high of $21, reached on October 9. Evernorth holds approximately 473 million XRP. On October 26, Evernorth announced a committed equity financing facility covering up to 5,218,935 Class A common shares, to fund XRP purchases and product development within the XRP ecosystem.

Binance co-CEO Richard Teng said the platform had sufficient financial resources to absorb the losses related to the $6.3 billion hack without affecting users. Teng said Binance would cover these losses through the Secure Asset Fund for Users (SAFU) and other company resources already set aside. The replenishment covered 95% of the affected tokens. Teng said withdrawals had largely returned to normal after Binance reopened them on Sunday. Binance plans to strengthen security in response to the new risks artificial intelligence poses to transactions and payments.

Riot Platforms stock gained 16% on Tuesday, leading election-day gains among crypto stocks, which outpaced bitcoin and XRP. CoinDesk reported that the CFTC had approved, for the first time, perpetual futures contracts tied to individual stocks on U.S.-regulated platforms, under the joint oversight of the CFTC and SEC. Riot will report its third-quarter results on Wednesday; analysts expect a loss of 32 cents per share on revenue of about $159.7 million. Coinbase rose despite Morgan Stanley downgrading its rating from “Equalweight” to “Underweight” on Monday. Strategy said bitcoin had exceeded the company’s 2.3% annual break-even threshold during every rolling four-year period since 2014.

Predictive market bettors increasingly expect Democrats to take control of both chambers of Congress in the U.S. midterm elections. Early Tuesday afternoon, Polymarket put the probability of Democratic control of the Senate at 76% and of the House of Representatives at 94%. Kalshi estimated the probabilities at 75% for the Senate and 94% for the House. Democratic control could put Elizabeth Warren and Sherrod Brown in charge of committees overseeing digital assets. Experts said last month that Democratic control would lead to greater scrutiny of President Donald Trump's cryptocurrency wealth and less focus on cryptocurrency legislation.