Trump-linked tokens lead crypto losses after Democrats sweep in the US midterms

The official Trump and World Liberty Financial tokens were the two biggest losers among the top 100 cryptocurrencies on Wednesday, even as Bitcoin and Ether rallied.

Two crypto tokens linked to US President Donald Trump led losses among the top 100 digital assets on Wednesday following the US midterm elections, raising questions about their future as the broader crypto market rallied.

Official Trump (TRUMP) fell 17% over 24 hours to $1.33, while World Liberty Financial (WLFI) dropped over 7% to $0.047, according to CoinMarketCap data from around 5:32 pm UTC. TRUMP is the president’s official memecoin, launched in January 2025, while WLFI is the governance token of World Liberty Financial, a Trump family-backed decentralized finance (DeFi) project launched in 2024.

The declines followed a wave of Democratic victories, including surprise wins in Texas, in Tuesday’s midterm elections, with the party winning control of both the House and Senate from Republicans.

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Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss

Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.

Shares of Bitcoin miner Riot Platforms surged more than 13% Wednesday after the company announced a $28 billion AI data center lease, its largest agreement to date as it accelerates its expansion into artificial intelligence infrastructure.

The 15-year agreement covers 910 megawatts at its Corsicana, Texas, facility, bringing its total future contracted data center revenue to approximately $38 billion across three leases signed this year. The agreement represents a major step in Riot’s AI infrastructure strategy as it moves away from relying primarily on Bitcoin mining revenue.

“A year ago, our cash flow depended on the price of Bitcoin, and now, at full deployment of currently executed deals, nearly all of our expected cash flow will be generated from long-term leases with leading players in the AI ecosystem,” CEO Jason Les said during Wednesday’s earnings call.

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New York Healthcare Tech Firm Breached, Potentially Exposing Medical Data of 49,467 People – Names, Birthdates and Insurance Info at Risk

A New York healthcare technology company has disclosed a data breach that exposed the medical information of nearly 50,000 people.

In its latest bulletin, the U.S. Department of Health and Human Services Office for Civil Rights says Cognitive Health Technologies suffered a hacking/IT incident impacting 49,467 individuals.

In a notice, Cognitive Health, which offers healthcare technology and IT consulting services, says it spotted suspicious activity on its network in late April of this year.

The firm also says the files taken include names, dates of birth, health insurance information, medical histories and treatment information.

“On April 27, 2026, Cognitive Health became aware of suspicious activity related to its network environment. We immediately took steps to secure our environment and launched an investigation to determine the nature and scope of the event. The investigation determined there was unauthorized access and/or acquisition of certain files and folders within Cognitive Health’s network between February 5, 2026, and April 28, 2026. As a result, Cognitive Health began an extensive review of these files and folders to determine whether sensitive information may be impacted. Our review determined that information related to certain individuals was present in the impacted data.”

The company says it has not found any misuse of the data so far.

It also says it has reviewed its security policies and added new measures to guard against similar attacks.

Cognitive Health urges impacted individuals to keep a close watch on incidents of identity theft and fraud, review account statements and monitor credit reports and explanation of benefits forms for suspicious activity.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Circle’s ARC token sale lifts earnings as lower yields weigh on USDC income

Circle is looking to payments fees and future staking rewards to diversify revenue as its core stablecoin business faces pressure from lower yields and growing competition.

Circle’s expansion beyond stablecoins supplied the biggest boost to its third-quarter earnings, as the company recognized $182 million in revenue from its ARC token presale, helping offset falling income from the reserves backing its flagship stablecoin, USDC.

The company reported diluted earnings per share of $0.84, up from $0.64 a year earlier and double analysts’ expectations of $0.42. Total revenue and reserve income rose 17% to $865 million. Without the ARC token sale, however, revenue would have fallen from a year earlier.

Circle shares were down 0.84% at $74.59 at 16:05 UTC on Nov. 4, according to Yahoo Finance.

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Evernorth’s XRP funding plan could raise $18 million less at lower share price

October 30 effectiveness satisfies one condition, while the original full share allowance illustrates $62.5 million at November 3’s close before discounts and expenses.

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Polkadot lost $1.38 million after hacker exploited security flaw fixed four months earlier

The attacker resumed on October 26 with its own relayer before the XCM fix; a later upgrade corrected supply without changing balances.

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Why rising XRP whale counts are a fake bullish signal

Bitquery traced stolen Binance XRP into six accounts above one million tokens, while their effect on Santiment’s dataset remains unconfirmed.

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Bitcoin rebounds after Democratic sweep despite three days of ETF outflows

Ryan Kirkley sees a year-end rebound even under Democratic control, while fund withdrawals and overhead supply keep the outlook conditional.

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Binance reports $11 billion withdrawn in 46 hours as Zhao says few funds went to rivals

Binance reported about $11 billion in withdrawals between 06:00 UTC on Nov. 1 and 04:00 UTC on Nov. 3, after reopening services following its record $6 billion hack on Oct. 29. Deposits of about $6 billion offset just over half the withdrawals, leaving roughly $5 billion in net outflows over the same period, according to…

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Bitcoin Price Taps $81K After Midterms—But Analysts Warn a Trap Is Set

Bitcoin price chartBitcoin rebounded from an intraday low of $75,618 to surge past $81,000 for the first time since Oct. 29, climbing nearly 4% on the day to bring its market cap near $1.62 trillion. Volatile Surge Following Election Night Bitcoin experienced extreme volatility Wednesday, rebounding from a multi-week low to breach $81,000 for the first time […]
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Coinbase Says 99% of Customer Assets in Cold Storage After $6.3B Binance Hack

Coinbase says more than 99% of customer assets are held in offline cold storage following Binance’s $6.34 billion hack on Oct. 29, 2026. In a Nov. 4 disclosure, the publicly traded U.S. crypto exchange detailed its distributed signing keys, emergency shutdown controls, and withdrawal restrictions. While Coinbase says its systems were unaffected, its latest security […]
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Credit Mutuel Arkea Cyberattack: $133M Traced to Crypto Exchanges

French banking group Crédit Mutuel Arkéa confirmed a cyberattack involving fraudulent transactions via a Nov. 4, 2026 announcement, as blockchain investigator ZachXBT traced more than $133 million in suspected stolen funds through cryptocurrency platforms. Investigators believe the operation began with unauthorized traditional banking transfers before the proceeds entered stablecoin laundering networks. The institution says the […]
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Circle Q3 Revenue Hits $865M as USDC Issuer Cuts Workforce by 5%

Circle’s third-quarter revenue climbed 17% to $865 million, while net income rose 5% to $226 million. The USDC stablecoin issuer’s results were strengthened by a $182 million ARC token presale, which helped offset declining income from the reserves backing USDC. Circle Posts $226M Q3 Profit Circle’s newest blockchain token played an unusually large role in […]
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Binance Hack Exposed Three ‘Entirely Avoidable’ Flaws, Says Coinex Founder

Coinex founder Haipo Yang says the $6.3 billion Binance hack came down to three avoidable errors that needed discipline, not advanced technology, to prevent. Industry Veterans Weigh-In The founder of rival exchange Coinex weighed in on the largest theft in crypto history, stating the Binance breach exposed “at least three critical mistakes that were entirely […]
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Bitcoin Price Holds $78K as ETF Outflows Slow to $116M

U.S. bitcoin ETFs lost $115.56 million on Tuesday, extending their outflow streak to three sessions but showing a sharp slowdown from the heavy selling seen Friday and Monday. Bitwise, Fidelity Add Cash as Blackrock Sheds $95M The pressure on bitcoin exchange-traded funds (ETFs) is still visible, though the pace is beginning to soften. Funds posted […]
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