Yearly archives: 2026

California Orders $4.8M Payout to Bitcoin ATM Scam Victims

California ordered Coinflip to compensate scam victims after investigators identified failures in customer checks and suspicious activity controls. The action targets a network of roughly 500 kiosks statewide and requires the operator to stop unlawful practices. Coinflip Faces Compensation Order Over Fraud Safeguards California’s Department of Financial Protection and Innovation (DFPI), the state’s financial regulator, …

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Binance CFO Exits After 5 Years to Pursue AI and Crypto Tokenization

Binance Chief Financial Officer Kaiser Ng said he was leaving after five years to build ventures spanning AI, Web3, and tokenized assets. His plans covered several projects involving sports, entertainment, computing, and physical assets. Kaiser Ng Hands Over Binance’s Finance Leadership Binance Chief Financial Officer Kaiser Ng outlined his departure and entrepreneurial plans in comments …

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The Solana Company Targets Hong Kong for Massive APAC Expansion

The company, which holds 2.2 million SOL, stressed that it is targeting an expansion in Hong Kong, as the city has identified tokenization as a key area of fintech development. The expansion could increase the company’s headcount to 30 people to potentially serve local banks. Solana Company Aims To Expand in Hong Kong Amid Tokenization …

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Core Scientific’s AI Colocation Revenue Jumps to $215M as Mining Role Shrinks

TL;DR: Core Scientific reported $215.4 million in third-quarter colocation revenue, nearly 60% above the prior quarter, while billing 485 MW of capacity. Its results show how an operator once known for Bitcoin mining is building a much larger business around contracted AI infrastructure. Some Bitcoin mining companies have talked about their artificial-intelligence ambitions for years. …

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Hut 8 Expands AI Campus Commitments While Funding Buybacks With Bitcoin Sales

TL;DR: Hut 8 says it fully commercialised its Beacon Point AI campus with a second 352 MW lease, taking expected aggregate base-term contract value across its AI data-centre portfolio to about $26.6 billion. The company also sold Bitcoin to fund share repurchases, showing how mining-era assets are being redeployed. Hut 8’s third-quarter update is less …

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Riot Sells More Than 20,000 Bitcoin as AI Data-Centre Contracts Reach $38B

TL;DR: Riot Platforms says it sold 20,264 BTC in the first nine months of 2026, raising about $1.5 billion primarily for data-centre development. Its latest quarterly release puts long-term contracted data-centre revenue at around $38 billion, underlining how far the miner’s business model is shifting. Riot Platforms has made a striking choice with its Bitcoin …

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Coinbase Explains Cold-Storage Defences After Binance Breach Shakes Crypto Industry

TL;DR: Coinbase says it was not affected by the reported Binance hot-wallet incident and that more than 99% of customer assets are kept in cold storage. The exchange outlined controls around signing, withdrawal limits and suspicious activity, offering a useful test of how custodians should explain security practices. A major attack on one exchange inevitably …

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Circle Says It Froze $1.1B in USDC Linked to Binance Hack Investigation

TL;DR: Circle says it froze roughly $1.1 billion in USDC connected with the reported Binance exploit while working with law enforcement. The stablecoin issuer stresses that a wallet freeze does not decide asset ownership or whether funds should ultimately be forfeited. The response to the enormous reported Binance breach has exposed a difficult but essential …

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Vitalik ‘pivots’ ETH to store of value, crypto suffers after US midterms: Hodler’s Digest

Vitalik Buterin wants Ethereum to embrace a store of value narrative, upsetting Bitcoin maxis. The crypto industry faces an uncertain future following the US elections. Ethereum creator Vitalik Buterin says the network should promote ETH as a store of value, rather than as an asset that derives value from burning fees. He argued in a …

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Who gets to block your Kalshi bets? Washington just escalated the fight

US derivatives exchanges face a comply-or-explain demand as separate court holdings keep Kalshi’s nationwide access unresolved. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox Go to Source

The catch in recovering a hacked crypto wallet: the thief may still have a key

Keplr’s documented backups can reduce login dependence, but they cannot establish that a potentially exposed key is safe. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox Go to Source

The diesel problem that could spoil Bitcoin’s hopes for cheaper money

National inventories fell to 99.259 million barrels, while lower weekly diesel and heating-oil prices kept the financing risk conditional. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox Go to Source

Binance Restores HYPE, APT as Data Reveals Billions in Reserve Outflows

Binance restored withdrawals for the altcoins hyperliquid (HYPE) and aptos (APT) on Sunday, Nov. 8, advancing its recovery from the $6.3 billion October hack. Meanwhile, Cryptoquant’s latest exchange metrics reveal substantial declines in bitcoin, ethereum, and stablecoin reserves, even as daily withdrawal pressures appear to be easing. Binance Withdrawal Recovery Advances After Historic $6.3 Billion …

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Bitcoin Packs 11,255 Transactions Into a Single Block, Nears Record

Bitcoin’s blockchain came within striking distance of an 11-year-old transaction record on Saturday, Nov. 7, 2026, when a single block processed 11,255 transactions, the second-highest total in network history, amid a year already producing extraordinary daily transaction counts. Bitcoin’s 2015 Transaction Record Faces Its Closest Challenger in 11 Years Bitcoin’s transaction history is getting a …

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Lightning Network Security Scare Forces LNbits Servers Offline

LNbits, the open-source Lightning Network wallet and payments platform, issued an emergency shutdown warning Sunday, Nov. 8, 2026, after multiple reported security compromises. Operators were instructed to take their servers offline immediately while developers prepared critical patches to address the unfolding attacks. LNbits Sounds the Alarm as Lightning Network Attacks Unfold The security warning arrived …

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