Cointime reports: USDT is trading at a 13% premium in Paraguay following the closure of crypto exchange Ueno, with Bybit listings showing a sharp gap between buying and selling prices. Paraguay’s central bank is preparing deposit-guarantee payments for Ueno savers. The premium reflects strained dollar liquidity as users seek stablecoin exits.
Cointime reports: An address linked to X account polypol87446165 redeemed tokens from Aave and sold $6.357 million worth of ETH and stETH on-chain over the past 10 hours, at an average price of $2,428, on November 5. The address had been dormant for a year before selling into the rebound.
Cointime update: Coinbase outlined its hot wallet security controls after customers asked whether the Oct. 29 Binance breach could occur on its platform. The exchange said signing keys are never reassembled, hot wallet refills are capped, and switches can pull keys offline.
Cointime update: Jingang Solar’s controlling subsidiary Jiuquan Jingang Intelligent Computing signed a computing cloud service contract with a client on Nov 5, 2026, with a total estimated tax-inclusive value of up to 1.536 billion yuan ($212 million). The first two batches total 384 million yuan, exceeding 100% of the company’s audited main business revenue for the latest fiscal year. Each batch runs 60 months, with quarterly prepayment.
Cointime update: Arkansas Attorney General Tim Griffin sued Kalshi, arguing that betting on whether the Razorbacks win or lose constitutes gambling, and is seeking restitution, penalties and taxes from the prediction market platform. The action makes Arkansas the latest state to target Kalshi, adding to a growing list of states pursuing prediction markets.
Cointime reports: Bitcoin outperformed the S&P 500 in half of the past 90 US trading sessions, with its win rate against the benchmark index recovering. Historical post-midterm data points to gains for stocks, a pattern that could shape relative performance between the two assets going forward.
Cointime reports: A hack at Binance has prompted regulators to look into the banking system. The breach at the crypto exchange drew regulatory attention to banks’ exposure to crypto firms. No further details on the scope of the regulatory inquiry or the size of the hack were provided.
Cointime update: Crédit Mutuel Arkéa said attackers targeted the French bank’s own account rather than customer funds and may have converted the proceeds into cryptocurrency. The bank would not confirm the reported €118 million ($133 million) loss, saying only that the scale is roughly accurate.
Cointime update: The XRP Ledger has activated fixCleanup3_4_0, a fix for a delegated burn permission issue that could have allowed new tokens to be minted. The amendment required two runs at the 14-day validator window after the first attempt failed on Oct. 21, 12 days in. The fix addresses a flaw in permission delegation on the network.
Cointime update: South Korean Finance Minister Lee Hyoung-il said Seoul will push for a two-year postponement of the 22% tax on cryptocurrency gains, paired with a three-year loss carryforward. The move comes a day after the ruling Democratic Party called for a delay. The proposal would hold off the crypto tax until 2029.
Cointime update: ZetaChain has opened a governance vote on shutting down its Layer 1 network around Dec. 9. Under the proposal, staked and unbonding ZETA would count toward claims, while exchanges would set their own conversion windows. The vote puts the timing and mechanics of a wind-down to token holders.
Cointime reports: F2Pool co-founder Wang Chun sold 6,200 wstETH for 18.5 million USDC on Nov. 5 as ETH rallied from $2,315 to $2,440 late the previous night, on-chain analyst Yu Jin reported. The average sale price was $2,390 per ETH. Wang Chun then transferred the USDC to Binance.
Cointime reports: American Bitcoin reported third-quarter net income of $126 million, swinging from a $57.2 million net loss in the prior quarter, driven by gains on digital assets. The company, backed by Eric Trump, flipped to profit as its crypto holdings appreciated.
Cointime update: Zhang Xue, founder of Zhangxue Motorcycle, transferred 300,000 yuan to Huang Jiang, the company’s chief engine engineer, for a home down payment. Zhang stipulated the property must be registered only in Huang’s name. Huang said in a video response that he had not asked for the money and that Zhang places little value on money and prefers to share the fruits of labor with outstanding team members.
Cointime reports: A whale who built a $148 million long position in crude oil has begun cutting losses after the trade fell $15.08 million underwater, on-chain analyst Yu Jin monitored on Nov. 5. In the past 10 minutes the trader closed $44.04 million of CL longs, realizing a $4.9 million loss. The position was accumulated over roughly two weeks before crude prices plunged 14% this week. The whale still holds $94.79 million in BRENTOIL, with an unrealized loss of $8.35 million.
Cointime update: Arkansas has filed a lawsuit against prediction market platform Kalshi, alleging that its operations constitute illegal gambling and cause mental harm. The action makes Arkansas the latest state to take legal steps against Kalshi, adding to a growing list of states pursuing litigation against the platform.
Cointime reports: US spot Bitcoin and Ether ETFs together pulled in $128 million as crypto markets rebounded following the midterm elections. Fidelity led Bitcoin ETF inflows, while BlackRock’s IBIT shed another $201 million, extending its outflow streak to four trading sessions. The mixed flows show investors rotating among issuers even as fresh money entered the funds.
Cointime reports: Democrats have secured majorities in both the Senate and House, winning 54 Senate seats and 228 House seats. Control of the digital-asset legislative agenda will shift from Republicans to Democrats when the new Congress convenes in January 2027. Industry critics Elizabeth Warren, Sherrod Brown and Maxine Waters are expected to chair key committees, likely stalling the CLARITY market-structure bill while attention turns to investigations of the Trump family’s World Liberty Financial.
Cointime update: The 2026 World Internet Conference Wuzhen Summit concluded on Nov. 5, drawing more than 1,800 guests from over 130 countries and regions under the theme of open-source openness and shared development, with a focus on AI open-source. The Internet Light Expo featured 671 companies and institutions from 54 countries, showcasing over 1,000 new products and technologies, and drew a record single-day attendance of more than 20,000. The Digital Economy Industry Cooperation Conference collected 116 signed projects, with contract value exceeding 100 billion yuan for the fourth consecutive year.
Cointime update: Sharetronic Data announced it signed a joint financing lease contract with Wuju No. 16 and Xinzhi Zhisuan No. 2, structuring the deal as a direct lease with a financing amount of 5.72 billion yuan and a term of 66 months. The company is also pledging its accounts receivable as collateral for the debt.