Author: James Wilson

Cardano has fallen 5.7% over the past seven days to trade near $0.181 on Nov. 9, as a rebound from recent lows leaves ADA below its daily trend indicators and an analyst’s $0.19 invalidation level. Summary Cardano remains lower over seven days despite recovering toward $0.181 during Monday’s trading. Daily RSI stands at 35.85, while ADA trades below its $0.1965 Bollinger midpoint. Analyst Mr Brownstone identifies $0.19 as the invalidation level for his bearish scenario. Cardano’s development update confirms DijkstraNet progress, with full Linear Leios still undergoing testing. CoinGecko placed ADA near $0.181, with a modest 0.2% gain over 24…

Large Ethereum whales have purchased millions of dollars worth of ETH over the past several days, with several wallets continuing to accumulate the cryptocurrency despite its recent price decline and heavy selling across the market. Summary Ethereum whales purchased millions of dollars worth of ETH since Friday, including a $21.55 million acquisition financed through a $22 million USDT loan from Aave. Lookonchain identified several large transactions, including a $19.7 million ETH purchase and two wallets that spent $9.08 million acquiring 4,312 ETH. Another wallet withdrew 34,601 ETH worth approximately $73.75 million from Binance on November 9 after remaining inactive for…

Poland’s lower house of parliament has approved a bill allowing the government to freeze bank accounts, cryptocurrency holdings and other property through administrative decisions without first obtaining a court order. Summary Poland’s lower house approved the sanctions bill with 240 votes supporting and 202 opposing it. The proposed law would allow administrative freezes on crypto holdings, bank accounts and other property. Affected individuals could appeal sanctions decisions, but challenges would not automatically suspend imposed asset freezes. Opposition lawmakers and legal groups have raised concerns about property rights and freedom of expression. The legislation still requires Senate consideration and presidential approval…

ACryptoS reportedly lost about $665,000 across five chains after its vaults issued attackers shares out of proportion to what they deposited. The yield aggregator stopped accepting deposits and urged users to withdraw the assets still available. For affected depositors, the amount left in their vault is a separate question from whether the project can recover funds taken from it. Summary Security firm SlowMist recorded approximately $665,000 in losses from an 8 November ACryptoS exploit affecting 77 vaults across Arbitrum, BNB Chain, Polygon, Base and Optimism. A missing input check in the multi-token deposit function reportedly let an attacker submit an…

Justin Sun has announced the launch of U.S. stock-linked spot trading on HTX, with the cryptocurrency exchange introducing 20 tokenized stocks and exchange-traded funds against USDT starting November 9. Summary Justin Sun announced stock-linked spot trading on HTX with 20 tokenized U.S. stocks and ETFs. HTX scheduled token deposits for November 9 while withdrawals remained without a confirmed opening date. HTX’s bStocks provide economic exposure to securities but do not grant direct shareholder ownership rights. The exchange introduced zero maker fees through February 9, while standard taker fees continue applying. The SEC dismissed claims against Sun in March, while Rainberry…

US President Donald Trump has defended his family’s cryptocurrency business, World Liberty Financial, saying he has no involvement in its operations and cannot prevent his sons from pursuing business opportunities while he is in office. Summary Trump acknowledged his ownership in World Liberty Financial but said his sons manage the cryptocurrency business without his involvement. The president defended his decision not to divest, saying he could not ask his sons to stop their business activities for four years while he serves in office. World Liberty Financial has faced scrutiny over a reported $500 million investment linked to UAE national security…

The U.S. Treasury has moved to restrict MEXC Global’s access to the American financial system over at least $16 billion in alleged illicit cryptocurrency transactions while separately sanctioning eight Canadian money services businesses linked to Iranian financial networks. Summary FinCEN accused MEXC of facilitating at least $16 billion in illicit transactions over five years. U.S. financial institutions face restrictions on transfers involving MEXC once FinCEN’s order becomes formally effective. MEXC says withdrawals remain operational, while OKX has warned users against direct transfers from MEXC. Treasury sanctioned eight Canadian money businesses accused of processing cryptocurrency transactions linked to Iranian entities. FINTRAC…

Binance co-founder Yi He has warned Chinese-speaking cryptocurrency users against transferring funds linked to questionable deals in Myanmar, Cambodia and informal USDT transactions, saying suspicious deposits could result in law enforcement freezes. Summary Yi He warned Binance users against suspicious USDT deals and transfers involving Myanmar and Cambodia. Binance says compliance systems can flag risky cryptocurrency addresses before deposits reach the exchange platform. Users receiving funds for friends or relatives may face additional source-of-funds checks under existing procedures. Law enforcement freezes can involve lengthy investigations, with Binance unable to independently release restricted assets. The warning came during Binance’s withdrawal restoration…

Indian traders could use rupees to open positions tied to Bitcoin or Tesla. The Enforcement Directorate wants to know who placed the corresponding trades abroad, how those positions were funded and whether the exchanges followed India’s foreign exchange rules. Summary The Enforcement Directorate searched three Bengaluru premises linked to CoinDCX and Delta Exchange India on 4 and 5 November in a foreign exchange investigation. The agency alleges that CoinDCX used USDT and offshore accounts to execute spot orders and open corresponding crypto derivatives positions on overseas platforms. CoinDCX says the visit to its office was a routine enquiry, it complies…

Ethereum co-founder Vitalik Buterin has defended opposition to large AI data centers, arguing that slower construction could give society more time to address cybersecurity and other emerging risks without seriously delaying technological progress. Summary Vitalik Buterin defended anti-data-center movements, arguing improved algorithms could reduce future demand for computing infrastructure. Buterin said slower AI expansion could give society time to address cybersecurity and biological threats. Riot Platforms announced a $28 billion Texas data center lease covering 910 megawatts of capacity. Cipher Digital reported its first high-performance-computing lease revenue as its data center business continued expanding. Texas governor-elect Gina Hinojosa proposed a…