Cointime update: Sony Group released the MDR-3R wired headphones on Thursday at $60, modeled on the earbuds bundled with its first Walkman in 1979. The retro-styled model keeps the original’s 23mm driver units for similar sound, with tuning adjusted for modern listeners. Sony also launched an $80 tie-in edition with Netflix’s “Stranger Things,” featuring custom packaging and the show’s title engraved on the hardware.
Cointime update: South Korea’s Deputy Prime Minister and Finance Minister Lee Hyung-il said on November 5 that the government will postpone the levy of virtual asset income tax by two years to 2029 and expand infrastructure to effectively tax overseas transactions. Lee said that after 2029, if virtual asset transaction information is obtained from the United States, authorities will have sufficient data to tax investors using US exchanges. The government will form and operate a public-private joint task force on digital asset taxation and accelerate digital asset legislation.
Cointime reports: Hackers took $6.43 billion from Binance on Oct. 29. Within about an hour, Tether and Circle, the companies behind USDT and USDC, had frozen most of the stolen dollars. That evening, a council overseeing the Arbitrum network moved the hackers’ ether.
Cointime update: Arkansas Attorney General Tim Griffin filed a consumer protection lawsuit against Kalshi, arguing that the platform’s bets on Razorbacks games constitute illegal gambling. The suit points to Kalshi’s self-exclusion and deposit-limit features as evidence the company knows it is operating a betting business.
Cointime update: GitBook disclosed that an attacker exploited a vulnerability in its SSO login flow on November 2 to forge an employee session, accessing production keys and gaining full infrastructure privileges via a misconfigured GitHub App. The company contained the breach by November 3, with service restored after about 16 hours of downtime. GitBook said billing information, passwords and IP addresses were not exposed, and is treating all customer data as compromised.
Cointime reports: Jupiter ranked first among cross-chain DEX aggregators by trading volume in the third quarter of 2026, holding the top spot for an eighth consecutive quarter despite operating only on Solana. DefiLlama rankings placed DFlow second, followed by 0x Protocol, KyberSwap, OKX DEX, LiquidMesh, Uniswap, CoWSwap, 1inch and Binance Wallet.
Cointime update: Digital asset insurance specialist Soter Insure has added Standard Chartered’s SC Ventures and Japan’s SBI Group as strategic investors in its Galaxy-led Series B, with Token Bay Capital also increasing its investment. The second closing follows a first close in July that included Coinbase Ventures, Franklin Templeton and Brevan Howard Digital. No funding amount was disclosed.
Cointime reports: A newly created wallet received a total of about 6,277 ETH, worth roughly $14.76 million, from a Binance hot wallet in two transfers on November 5. The transfers comprised 3,000 ETH (about $6.8 million) and 3,277 ETH (about $7.96 million).
Cointime update: South Korea’s finance minister Lee Hyoung-il said on Nov. 5 that the government plans to postpone its crypto gains tax by two years to 2029 from 2027 and will negotiate with the National Assembly to advance legislation. The government aims to refine domestic and cross-border crypto taxation before starting tax information exchanges with the U.S. in 2029. Under the current plan, gains above 2.5 million won ($1,869) a year are taxed at 22%, and the government will study allowing losses to be carried forward for three years.
Cointime update: A fund affiliated with Payward, the parent company of crypto exchange Kraken, along with its clients, has purchased a stake in AAVE tokens on the secondary market. Payward did not disclose the size or price of the purchases and said it may acquire more tokens.
Cointime reports: Bitcoin dropped 5.0% during the trading day to trade at $76,245. The move marks a sharp intraday decline for the largest cryptocurrency by market capitalization. No further details on the cause of the drop were provided.
Cointime update: South Korean crypto exchange Bithumb will list the MAGMA token on its Korean won market, the exchange said in an official announcement. The exact timing for the start of trading will be confirmed in a separate announcement. Bithumb did not disclose further details on the listing.
Cointime update: Hong Kong’s legislature passed a bill writing the OECD’s Crypto-Asset Reporting Framework into local law, with service providers set to begin collecting user information next year for cross-border sharing from 2028. The vote comes weeks before the 2027 data-collection start date. The framework requires crypto service providers to gather and report taxpayer data to authorities for exchange with other jurisdictions.
Cointime update: Binance will adjust the dividend on its SAMSUNGUSDT USD-margined perpetual contract at 14:00 Beijing time on Nov. 6, 2026, at 1,001 Korean won per share, equivalent to -0.037336%, the exchange said. The adjustment, expected to take about 30 minutes, applies only to users holding net positions on the ex-dividend date of 07:00 Beijing time on Sept. 29, 2026. Eligible users can view the amount under “Special Funding Fee” in their funding records.
Cointime update: HTX will run a ‘Top 10 Trading Opportunities’ learning and trading campaign from Nov. 5 to Nov. 19 (UTC+8), with a total prize pool of 10 billion $HTX. Users who register at no cost can join a BTC up-or-down prediction contest that rewards participation regardless of outcome, and a hot-coin trading competition with a $15,000-equivalent $HTX pool, where the champion takes $3,000. HTX’s daily research column has published 51 issues with a 59.6% directional hit rate.
Cointime reports: Short-term Bitcoin holders transferred 28,690 BTC in profit to exchanges over the past 24 hours, analyst Darkfost said on November 5, as BTC broke above $80,000. Despite the profit-taking, Bitcoin closed the day above $80,000 and held above its 21-day and 50-day exponential moving averages, a positive short-term technical signal.
Cointime update: Binance has revoked every API key issued to SignalPlus, telling users to check their positions and orders, the exchange said. Binance said its own systems and user funds were unaffected. Neither Binance nor SignalPlus has disclosed the cause of the issue or whether any users lost money.
Cointime update: Huobi HTX listed the FTNT/USDT perpetual contract on November 5, offering up to 20x leverage for both long and short positions. The exchange announced the listing in an official notice, with the contract supporting 1x to 20x leverage. FTNT is now available for trading on the platform’s derivatives market.
Cointime update: MUJI Japan’s MUJI App suffered a customer data breach, MUJI China said in a response, stating the incident is confined to MUJI Japan. MUJI China’s member data is stored on separate servers and is not transferred overseas in line with local regulations, the company said, adding that the breach will not affect the information or experience of MUJI members in China.
Cointime update: The National Bank of Ukraine has declined to support the country’s crypto bill ahead of its final vote in the Verkhovna Rada, seeking authority to restrict unsupervised foreign e-money-like tokens. The NBU said the parliamentary committee’s text removes an agreed three-operator limit on trading platforms and hands that decision to the National Securities and Stock Market Commission.
Subscribe to get important Web3 & AI updates from the Cointime desk by email — free.