Cointime reports: A report on quantum threats to crypto finds the industry is better prepared than a year ago but still lacks widely deployed post-quantum protection on mainnets. About 6.9 million BTC, roughly 32% of supply, has exposed public keys, Coinbase’s advisory council estimates. Google’s March 2026 whitepaper put an attack on secp256k1 at under 500,000 physical qubits, with key extraction possible in about nine minutes.
Cointime update: Blockaid has secured $40 million in investment commitments, the on-chain security platform announced. The company provides real-time on-chain security and threat prevention services. The funding commitment underscores continued investor interest in blockchain security infrastructure.
Cointime update: Dunamu, the operator of crypto exchange Upbit, proposed improving the inheritance protection regime for virtual assets at the 2026 National Assembly Legislative Expo in Seoul, where it ran a booth for two consecutive days under the slogan “safely pass digital asset value to the next generation.” The proposal focuses on protecting users’ virtual assets promptly after death and making it easier for heirs to locate them. Dunamu said inheritance remains a blind spot in institutional protection.
Cointime reports: Bitcoin briefly broke above $81,000 and Ether approached $2,450 after US midterm elections gave Democrats both chambers of Congress, limiting President Trump’s legislative room. With the expected Republican loss priced in, buyers returned to crypto. Attention is turning to protocols with steady revenue: Hyperliquid earned $66.87 million in the past 30 days, Pump.fun $56.97 million, Uniswap $8.04 million and Chainlink $4.28 million.
Cointime reports: CoinShares research head James Butterfill said Bitcoin has largely priced in a sweeping Democratic win in the Nov. 3 U.S. midterm elections and has room to rebound as uncertainty clears, adding that the expected outcome need not trigger another selloff. He warned the bigger concern is slower crypto reform, with the Clarity Act facing a harder path and probes into Trump-linked businesses potentially draining political capital. U.S. crypto stocks, especially exchanges and token issuers, may be more sensitive than Bitcoin, he said.
Cointime reports: SlowMist Chief Information Security Officer 23pds said on X that the Eastern Europe-linked APT29 group is distributing iOS and Android exploit tools through compromised websites and hijacked web analytics scripts. The DarkSword and AndroSnitch tools have begun mass attacks, meaning ordinary websites or apps users visit may carry backdoors, he said, advising users to update their systems to the latest version.
Cointime update: South Korea’s Financial Services Commission announced on Nov. 5 that it will draft new guidelines requiring virtual asset service providers to notify the Financial Supervisory Service and the Financial Security Institute immediately upon discovering a security incident. Currently such firms only report to the Korea Internet & Security Agency. The FSC also plans a Digital Financial Security Act, targeting legislation by Q1 2027, to apply security rules comparable to the Electronic Financial Transactions Act to crypto firms, insurance agencies and lenders.
Cointime update: The Ethereum Economic Zone (EEZ), a project initiated by Gnosis and Zisk and funded by the Ethereum Foundation, launched the Rollup X devnet at Devcon 8 to demonstrate synchronous composability. The devnet allows a contract on one EEZ rollup or Ethereum mainnet to call another contract in a single transaction, using ETH as the default gas token with no new token introduced. EEZ is governed by a Swiss nonprofit, with members including Aave, Safe and Centrifuge.
Cointime reports: F2Pool co-founder Wang Chun sold 6,200 wstETH, worth 7,740.2 ETH, for 18.5 million USDC between 11 p.m. and midnight as ETH rose from $2,315 to $2,440, on-chain analyst Yu Jin monitored. The average sale price was $2,390 per ETH, and the USDC was subsequently transferred to Binance.
Cointime reports: Bitcoin briefly broke above $81,000 late on November 4 and was trading at $80,600, up 4.64% in 24 hours. Democrats have won 51 Senate seats in the 2026 US midterms, reaching the majority threshold, while in the House they hold 211 seats, seven short of the 218 needed. Binance said it has replenished about 98% of stolen assets from its own funds.
Cointime reports: The Digital Chamber said the current version of the Clarity Act will expire when the 119th Congress ends on January 3, 2027, after Democrats won control of both chambers in the midterm elections. Passing crypto market-structure legislation in the next Congress would require resubmission and fresh negotiation, and Senate approval typically needs 60 votes. Analysts expect a restarted bill to include stricter compliance standards, stronger consumer protections and tighter DeFi oversight.
Cointime reports: A whale holding a $148 million crude oil long began cutting losses after a $15.08 million drawdown, closing $44.04 million in CL long positions in the past 10 minutes for a realized loss of $4.9 million, on-chain analyst Yu Jin monitored. The position was built up over half a month before crude prices plunged 14% this week. The trader still holds $94.79 million in BRENTOIL longs with an unrealized loss of $8.35 million.
Cointime update: Coinbase Institutional said on Nov. 5 that more than 99% of customer assets are held in cold storage, one of five measures it outlined for safeguarding client funds. The exchange said all customer assets are held 1:1 and are never lent or used without client instruction, and that its U.S. custodian is bound by New York fiduciary law while its European business operates under MiCA authorization supervised by Luxembourg’s CSSF. The post also cited distributed key protection, rate limits, anomaly detection and emergency stop switches.
Cointime reports: Bitcoin miner turned data center operator Ionic Digital reported third-quarter total revenue of $48.9 million, up 32% year over year. Digital infrastructure leasing brought in about $43.9 million, nearly 90% of the total, while crypto mining revenue fell 86% to roughly $5.1 million from $37.1 million. Adjusted EBITDA reached about $35 million versus $154,000 a year earlier, though cash rent actually received was only about $7 million.
Cointime reports: Democrats won control of both chambers of Congress in the midterm elections, creating new political headwinds for the crypto industry. Stand With Crypto said 19 crypto-friendly senators and 226 House members were elected, alongside 8 anti-crypto senators and 106 anti-crypto representatives. Coinbase US policy vice president Kara Calvert said bipartisan legislation will face resistance next year, though crypto remains a bipartisan issue. In Ohio’s Senate race, crypto PAC Fairshake spent heavily against Democrat Sherrod Brown, who defeated Republican Jon Husted.
Cointime update: JPMorgan Asset Management has included bitcoin in its 2027 long-term capital market assumptions, projecting a 10% baseline compound annual return and 55% annualized volatility over the next decade. Grayscale research head Zach Pandl noted the 10% expected return tops all other asset classes, while bitcoin’s estimated 33% correlation with US large-cap stocks is lower than that of international equities, corporate bonds and hedge funds. JPMorgan remains cautious on unstable correlations and did not add bitcoin to its main covariance matrix.
Cointime update: Mercado Bitcoin will begin a phased reopening on Monday, allowing customers to view their holdings, while withdrawals and trading remain suspended pending security checks. The exchange said it will cover losses, without specifying the amount or cause.
Cointime reports: A daily crypto roundup is tracking the latest developments affecting Bitcoin’s price, blockchain networks, DeFi, Web3 and crypto regulation. The item aggregates the day’s news on market trends and events across the sector, without singling out a specific announcement, figure or date in the material provided.
Cointime update: BitMart’s founder said the crypto exchange’s security team is “severely understaffed” amid a restructuring, following a fresh hack. Analysts also flagged suspicious transfers potentially linked to the Mercado Bitcoin hack. The founder’s warning points to staffing gaps at the exchange as it responds to the new breach.
Cointime reports: Crypto super PACs spent more than $176 million on the 2026 midterms, but the Democratic sweep of Congress raises the prospect of tougher scrutiny of the industry. The spending figure underscores the sector’s heavy political investment even as the election outcome shifts the legislative landscape. Crypto PACs are now eyeing a “new map” for 2028.