MSTR shares dropped 8% at market open, trading around $147.5. #crypto #blockchain #news

Trust Wallet now supports Hyperliquid for on-wallet perpetual contracts & outcome markets! Access HIP-4 directly within your wallet with no extra charges. #TrustWallet #Hyperliquid #DeFi #Crypto

US Treasury Sec. Yellen defends US/Israeli actions against Iran, saying "sometimes you have to escalate to de-escalate." This follows Trump's threat to Iran's power plants if Strait of Hormuz isn't opened. Yellen suggests this is "the only language the Iranians understand." She also highlighted Kharg Island, Iran's oil hub, stating "all options are on the table," including US military intervention. Yellen also defended easing some sanctions, calling it a "Judo" strategy to use Iran's own oil resources against it. #crypto #blockchain #news

Ghana Selects 11 Firms for Virtual Asset Trading Pilot Program Ghana's securities regulator has chosen 11 companies to participate in a 12-month virtual asset trading pilot program, allowing them to test their products and services in a controlled environment. According to Bloomberg, the Securities and Exchange Commission of Ghana announced that the participating firms include five exchanges: Hyro Exchange, Hanypay, HSB Global, Koinkoin, and WhiteBit. Vaulta, XChain, and Bsystem will focus on global asset tokenization, while Africoin will engage in tokenized gold. Blu Penguin will participate in tokenized payment systems, and GoldBod will serve as a custodian for all gold-backed securities. Companies that successfully complete the six-month pilot and meet regulatory requirements will be granted full licenses. The pilot program aims to foster innovation and ensure regulatory compliance within Ghana's burgeoning virtual asset sector. This initiative signals Ghana's commitment to embracing digital assets while maintaining a cautious and structured approach to their integration into the financial landscape. #crypto #blockchain #news

MarsCat Secures $3 Million in Funding Led by Animoca Brands P2P Web3 application engine MarsCat has successfully closed a $3 million funding round. The investment was co-led by Animoca Brands and included participation from Cogitent Ventures, Cryptogram Venture (CGV), tbv, BD Ventures, and Becker Ventures. MarsCat is a decentralized Web3 platform and application engine built on a P2P network. It aims to provide essential infrastructure for decentralized applications (dApps), enabling them to operate in privacy-focused, serverless environments without reliance on centralized servers. The platform is designed to facilitate secure communication, scalable application deployment, and censorship-resistant interactions. #crypto #blockchain #news

Iran Accused of Mine Laying in Strait of Hormuz; Trump Issues Stern Warning U.S. intelligence reports suggest Iran may be actively laying mines in the Strait of Hormuz, a critical global waterway. While the current scale is reportedly small, with only dozens of mines deployed recently, sources indicate Iran possesses the capacity to deploy hundreds more using its fleet of small vessels and mine-laying ships. Intelligence gathered by CBS News suggests Iran is employing small boats, each capable of carrying two to three mines. Though Iran's total mine inventory remains undisclosed, estimates over the years have ranged from 2,000 to 6,000. In response to these concerns, U.S. President Donald Trump issued a strong statement: "If Iran has laid any mines in the Strait of Hormuz – although we have received no reports of this at present – we demand their immediate removal! Failure to comply will result in unprecedented military consequences." #crypto #blockchain #news

IRS Proposes Electronic-Only Tax Forms for Crypto Platforms The U.S. Internal Revenue Service (IRS) has put forth a new proposal that would permit cryptocurrency exchanges such as Coinbase and Kraken to exclusively issue tax forms like the 1099-DA electronically, eliminating the need for paper mailings. According to The Block, this proposed rule, effective from this year, mandates that crypto brokers report the gross proceeds and cost basis of digital asset sales to the IRS. This move aims to enhance tax compliance by allowing the IRS to automatically access user profit and loss data. The proposal suggests that brokers may not be required to provide paper tax forms to customers who have not consented to electronic delivery and may even terminate business relationships with clients who refuse electronic distribution. The IRS proposal is currently open for public comment and awaits final approval. #crypto #blockchain #news

Arthur Hayes Links Bitcoin's Recent Decline to Dollar Liquidity Contraction BitMEX co-founder Arthur Hayes stated on X that U.S. dollar liquidity has decreased by approximately $300 billion in recent weeks. This reduction is primarily attributed to a $200 billion increase in the U.S. Treasury's general account (TGA). Hayes suggests the government may be accumulating cash reserves to fund expenditures in anticipation of a potential shutdown. In this context, Hayes noted that Bitcoin's decline is not surprising, as it appears to be synchronized with the contraction of dollar liquidity. The reduction in dollar liquidity, driven by increased government cash holdings, creates a less favorable environment for risk assets like Bitcoin. Investors may be reallocating capital as liquidity tightens. #crypto #blockchain #news #BTC #Bitcoin

Australia’s eSafety Commissioner warns of a surge in complaints about AI-generated abuse using Elon Musk’s Grok, including some involving child sexual abuse material. Grok’s “Spicy Mode” is under fire & facing investigation. Platforms must better regulate AI content under Australian law. #crypto #blockchain #news

Bitcoin faces a potential price plunge below $50k if it's not quantum-resistant by 2028, warns Capriole founder Charles Edwards. Quantum computing could break current encryption & compromise funds. Industry action is crucial! #Bitcoin #QuantumComputing #Crypto

🇰🇷 Big banks (KB, Shinhan, Hana, Woori) are teaming up with tech giants (Naver, Kakao, Samsung) to dominate the booming stablecoin market – already $411.5B in Korea! 💰 Regulations are coming by 2025, with banks expected to issue won-linked stablecoins. Tech platforms are key to fast adoption. 🚀 #crypto #blockchain #news

Zenrock’s zenZEC (wrapped Zcash on Solana) has hit $15M in trading volume since Oct 31! 🚀 zenZEC brings Zcash privacy to Solana’s speed & DeFi, secured by MPC tech. It’s Zcash holders’ first on-chain DeFi access in 7 years, currently thriving on Orca DEX. #Zcash #Solana #DeFi #crypto #blockchain #news

Allora Network mainnet launches Nov 11! 🚀 5% ALLO token airdrop for eligible users + 9.3% for community/ecosystem. Stake with Allora Prime for rewards. Claim 2wks post-launch. Binance Alpha lists JCT & ALLO airdrops Nov 10-11! #Allora #airdrop #crypto #blockchain #news

DRW & Liberty City Ventures are in talks to lead a $500M funding round for a company building a reserve for the Canton Network token. ~$100-200M from external investors. The company will also run a validating node & build apps. Signals growing institutional interest in blockchain infrastructure! ⛓️ #crypto #blockchain #news

Meme coin $MELANIA is facing a lawsuit alleging a “pump and dump” scheme involving manipulated pricing & other tokens ($M3M3, $LIBRA, etc.). Melania Trump is named as an endorsement figure only & isn’t accused of fraud. $MELANIA’s value has dropped from $2B to ~$806M. 📉 #crypto #blockchain #news