Cointime update: Tron founder Justin Sun has filed a sanctions motion in the U.S. District Court for the Northern District of California against WLFI, the Trump family crypto project, accusing it of delaying litigation by disclosing foreign entities only months into the case. Sun, who invested $45 million, says WLFI froze about 595 million unlocked tokens worth roughly $107 million. A hearing is set for Dec. 10.
Cointime reports: AMD reported fiscal Q3 revenue of $13.377 billion, up 45% year over year and above the roughly $13.06 billion consensus, with adjusted EPS of $2.09. Data center revenue reached $8.546 billion, up 97% and about 64% of total sales, as MI450 GPUs and Helios rack systems began ramping with Anthropic, Meta, Microsoft, OpenAI and Oracle Cloud Infrastructure as early customers. AMD guided Q4 revenue to about $17 billion and said data center sales would rise roughly 50% sequentially, sending shares up as much as 7.5% after hours.
Cointime update: A Nova Scotia judge has ordered the return of a Bitcoin wallet to the family of William Sandeson, who was convicted in the 2015 murder of fellow student Taylor Samson. The judge found prosecutors failed to establish a link between the cryptocurrency and the killing, clearing the way for the assets to be released to Sandeson’s relatives.
Cointime update: Justin Sun is seeking $264,000 in sanctions against World Liberty Financial over its UAE disclosure, with a hearing set for Dec. 10. Sun plans to refile his token-freeze lawsuit in California state court once the sanctions motion is resolved.
Cointime reports: Bitcoin ETFs recorded $1.16 billion in outflows, which Bitwise’s André Dragosch attributed to weaker market sentiment. Dragosch said institutions have largely maintained their exposure, framing the selling as short-term rather than a structural exit.
Cointime update: Morgan Stanley said it has converted US equities and Treasurys into tokenized form through DTCC’s new tokenization service, making it one of the first banks to use the platform. The move places the bank among early adopters of DTCC’s infrastructure for bringing traditional securities on-chain.
Cointime reports: Democrats won control of Congress in the 2026 US midterms. The outcome covers key races that included crypto-backed candidates, and attention now turns to the outlook for crypto regulation under the new congressional majority.
Cointime reports: Attackers behind the Binance exploit have moved 81% of the stolen Solana (SOL) and are routing the funds through THORChain after the cross-chain protocol resumed swaps. The laundering activity follows the restart of THORChain swaps, which the attackers are using to obscure the trail of the stolen assets.
Cointime reports: The number of MiCA-licensed crypto custodians in Europe grew more than fourfold over the past year, from 50 to 230, Tiger Research said. Tokenized real-world assets rose 85% to about $39.8 billion this year and stablecoin market cap grew over 50% in 2025 to top $300 billion, driving custody demand. Anchorage, BitGo, Agora and Catena are pursuing OCC national trust bank charters to move into stablecoin issuance, settlement and asset management.
Cointime reports: US equities enter November at their most event-heavy stretch of the year, with S&P 500 forward P/E at 18.7x and an earnings yield of about 5.35% versus a 5.00% 10-year Treasury yield, leaving only a 35-basis-point equity premium as of Oct. 23. CME FedWatch put the odds of a 25-basis-point December rate hike at about 86%. BIT Securities, which launched US stock trading in February 2026 and Hong Kong stocks in October, is running a limited earnings-season campaign letting users trade US stocks, HK stocks and crypto from one account.
Cointime update: Democrats have won control of the US House in the midterm elections, securing a share of Congress, with the party set to take control of House committees in January 2027. The committee gavels will give Democrats the power to investigate President Donald Trump’s administration.
Cointime update: Democrats swept both chambers of Congress in the US midterm elections on November 4 Beijing time, flipping six Senate seats and winning 234 House seats. In Ohio, Democrat Sherrod Brown defeated Republican Jon Husted with 48.8% to 46.3%, despite roughly $63 million spent by crypto-affiliated PACs and donors against him. Bitcoin briefly fell below $76,000 before the results, then rose past $78,000.
Cointime reports: Bitcoin fell to a seven-week low of $75,618, with 24-hour crypto long liquidations approaching $300 million. The move came as Democrats swept Congress. The price later bounced from that low.
Cointime reports: Tron’s ecosystem has spent more than $120 million on token buybacks and burns across JST, SUN, BTT and WIN, the network’s four core assets. JST has completed five burn rounds totaling 19.01% of supply, with over $100 million funded mainly by JustLend revenue. BTT and WIN completed first burns of 2.18% and 6.74% of supply, while SUN has run 52 rounds totaling 3.44%. JST is up over 318% since buybacks began.
Cointime update: Ethereum researcher Justin Drake said the network aims to complete its post-quantum and post-AI transition by December 2028, a year ahead of the previously discussed timeline. Drake described the 2028 target as a “hope” rather than a firm commitment. The transition would harden Ethereum against quantum computing threats.
Cointime reports: French bank Crédit Mutuel Arkéa has been exploited for more than $133 million. He said he has a “high degree of confidence” that the attacker is not associated with North Korea’s Lazarus Group, ruling out the state-linked hacking collective as the perpetrator of the incident.
Cointime reports: Democrats have claimed control of the US Senate, a shift that could alter the path for the CLARITY Act, reshape committee leadership and bring closer scrutiny of President Trump’s crypto businesses. The change in Senate leadership puts crypto legislation and oversight of Trump-linked digital asset ventures on a new footing.
Cointime update: Former Democratic Sen. Sherrod Brown has won back his Senate seat, defeating Jon Husted in a result that deals a blow to the crypto political action committee Fairshake. The outcome leaves the industry-backed PAC, which had spent heavily on races, without a win in the contest.
Cointime update: Block Inc. shares rose 6% in after-hours trading after the company raised its full-year gross profit forecast to $12.63 billion, a figure that would represent 22% year-on-year growth. The upgraded outlook was issued alongside the company’s latest results.
Cointime update: South Korea’s ruling party has formally proposed deferring the country’s crypto income tax, with its leader saying the Digital Asset Basic Act should be enacted first. The proposed comprehensive legal framework would set rules for digital assets before taxation takes effect. No timeline for the deferral was given.