Cointime update: Seoul Central District Court’s 63rd Civil Division dismissed Dunamu’s lawsuit against Bithumb over alleged copying of API documentation, rejecting all of the plaintiff’s claims and ordering Dunamu to bear the full litigation costs. Dunamu, which operates Upbit, had sought 200 million won in damages; the court did not support the claim.
Cointime update: Hong Kong’s Acting Secretary for Financial Services and the Treasury, Joseph Chan, said international virtual asset trading platforms meeting statutory and Securities and Futures Commission (SFC) requirements may apply for a license to operate in the city, with 13 platforms now licensed by the SFC. Chan said the government and SFC will soon submit a bill to the Legislative Council to bring more types of virtual asset services under the regulatory regime, and that the SFC and Invest Hong Kong are in contact with international platforms.
Cointime update: Thailand’s Securities and Exchange Commission has filed a criminal complaint against BG Limited, the operator of Bitget, for allegedly running a digital asset trading business without a license. The regulator said Bitget offered trading services and collected fees from 2022 to 2025, promoting them via a Thai-language website and social media. The Digital Economy and Society Ministry will block access to the platform from December 5, and a separate complaint targets an individual accused of helping promote it.
Cointime update: Solana Labs has opened an iPhone beta for Leap, its app for trading tokenized stocks and crypto, with trades routed through Jupiter. Tokenized securities on the platform are unavailable to US persons and users in several other major markets. The beta marks a step toward combining equities exposure with on-chain settlement on Solana.
Cointime update: Zcash’s latest network upgrade promises faster transactions, but about $16 million worth of coins remain in an aging privacy system that will soon stop accepting withdrawals. Holders who fail to move their funds before the cutoff could lose access to them permanently. The upgrade does not automatically migrate coins held in the legacy pool.
Cointime update: Anza has urged Solana validators to upgrade to Agave 4.4.1 before epoch 1079, with a planned Nov. 6 cutoff for unpatched nodes. The release changes how loader-v3 program data counts toward transaction limits.
Cointime update: HSBC, JPMorgan’s Kinexys, MUFG, Societe Generale-Forge and Standard Chartered announced on November 4 the launch of Global Layer One Organisation (GL1 Org), a non-profit based in Singapore, to support the development and adoption of common standards and frameworks for tokenized financial markets. GL1 Org builds on the Monetary Authority of Singapore’s GL1 initiative, which explores shared ledger infrastructure letting regulated financial institutions across jurisdictions deploy tokenized assets. GL1 Org will advance the application of existing controls and regulatory-embedding frameworks.
Cointime update: Google said it is building its first data center in Wyoming with a $17 billion investment, and that project partners include Tallgrass Energy, Black Hills Energy, American Electric Power (AEP) and Related Digital. The fuel cells used at the Wyoming data center will be manufactured in the United States by Bloom Energy.
Cointime reports: An automated OpenAI system identified 948 security flaws in Linux and produced working exploits and draft fixes for them at roughly $1,279 per flaw. The system’s cost-per-flaw figure raises new questions about how cheaply AI can find vulnerabilities in critical software at scale.
Cointime update: The Ethereum Economic Zone launched Rollup X, a devnet whose batches are attested by a designated signer rather than proven, during three demonstrations at Devcon in Mumbai. Swaps on Rollup X are filled by mainnet liquidity. The attestation-based design means the devnet does not rely on zero-knowledge or fraud proofs to validate its batches.
Cointime update: Binance and Deribit revoked SignalPlus API keys after attackers compromised an engineer’s computer through a fake Microsoft Teams invite, the crypto trading platform said. SignalPlus reported losses of less than $82,000 from the breach and pledged to reimburse affected users in full.
Cointime update: Binance has removed all API keys associated with third-party platform SignalPlus after SignalPlus reported a potential security issue, the exchange said in a November 5 announcement. Binance said its own systems were unaffected and user funds remain safe. It advised users who have used SignalPlus to check their positions and open orders, and to rebind API keys only after SignalPlus confirms the issue is fully resolved, while enabling IP whitelisting.
Cointime reports: The US Federal Reserve and the Office of the Comptroller of the Currency have begun contacting banks to ask whether they have seen unusual activity or service disruptions, probing potential systemic security risks after a $6.3 billion hack at Binance on November 5. Several US banks are reviewing their cybersecurity systems, and one large bank is drafting an internal report on whether to upgrade safeguards. Binance said it is in close contact with global regulators. No evidence yet shows the US banking system was affected.
Cointime update: Riot Platforms’ Corsicana data center lease with Anthropic took effect on Nov. 4. The agreement is expected to provide 910 MW of critical IT load capacity. Riot will reimburse Anthropic for part of the data center module costs at up to $4 million per MW if it secures reasonably acceptable market-condition financing; otherwise, it will amortize the cost plus 12% annual interest through rent credits. The project will be delivered in three phases, with first capacity targeted for June 28, 2027.
Cointime update: Amundi, working with CACEIS, launched the first tokenized share class of its AMUNDI FUNDS CASH EUR money market fund on November 5. The fund uses a hybrid distribution model allowing investors to invest through traditional channels or subscribe to tokenized shares, AMUNDI FUNDS CASH EUR – J28 EUR DLT (C). Distributed ledger technology on the public Ethereum blockchain records fund shares to improve record transparency and transaction traceability.
Cointime reports: Strategy’s preferred stock Stretch (STRC) raised enough capital on Nov. 4 to purchase more than 120 BTC. The mechanism, which links STRC fundraising to bitcoin purchases, is active again after more than 170 days of inactivity.
Cointime reports: US regulators including the Federal Reserve and the Office of the Comptroller of the Currency contacted banks following last week’s $6.3 billion Binance security hack, as experts raised concerns about transaction security and crypto risks. The outreach signals heightened regulatory scrutiny of banks’ exposure to crypto-related threats.
Cointime update: OpenSSH has released an urgent workaround for a password authentication bypass affecting Alpine Linux. Key-only accounts can be exposed if SSH password authentication remains enabled. Alpine is urging operators to update and restart the server process immediately.
Cointime reports: A Hyperliquid trader closed a crude oil long position worth about $56.6 million on November 5, taking a $5.82 million loss. The same address still holds a leveraged Brent crude long of roughly $95.7 million, with an unrealized loss of about $7.06 million and a liquidation price of $82.33. The account’s cumulative profit and loss stands at a loss of $13.79 million.
Cointime update: Binance Wallet has adjusted the distribution rules for the PREDICT airdrop, keeping the original five distribution dates and corresponding questionnaire deadlines unchanged: the token listing day, November 6, 2026, November 13, November 20 and November 27. If PREDICT launches after any scheduled distribution date, that date and all previously undistributed airdrop batches will be consolidated and issued in the first batch after listing. Users do not need to resubmit questionnaires, and eligibility for each batch remains determined by the original questionnaire deadlines.