SUNRAY FINANCE private key was leaked; the attacker gained ownership of SUN and ARC tokens and minted a large number of tokens, which were then sold to exhaust the trading pairs. At present, the attacker has stolen $2.855 million.

A new investigation by Loock Advising shows that MrBeast, a YouTube celebrity with 320 million followers, has been engaged in long-term insider trading, misleading investors, and using his influence to promote tokens and then dumping them on the market. MrBeast has made a total profit of more than $23 million in more than 50 crypto wallets. The investigation found that projects related to MrBeast include: SuperFarm, ERN, AIOZ, Refinable, CryptoPunks, VeeFriends, SHOPX, XCAD, Jigstak (STAK), Polychain Monsters (PMON), Boson Protocol (BOSON), Standard Protocol (STND), Ally Direct (DRCT), Ternoa (CAPS), METIS L2 (METIS), PlayMetaGods, MetaWars, etc.

A whale transferred 92,751 SOL (about 16.34 million US dollars) to Binance 5 hours ago, realizing a profit of 3.3 million US dollars.

MicroStrategy Executive Chairman Michael Saylor appears to have been deceived by a social media post containing false information about Trump’s stance on taxing cryptocurrencies. In an X-post to his more than 3.6 million followers on Oct. 30, Saylor quoted Trump as saying that cryptocurrencies should not be taxed and that “Bitcoin is money.”

Microsoft shareholders have begun a preliminary vote on whether the company should invest in Bitcoin.

Social media platform Reddit disclosed in a recent filing with the U.S. Securities and Exchange Commission (SEC) that the company sold most of its cryptocurrency holdings in the third quarter of 2024, most of which came from its Bitcoin and Ethereum reserves, with proceeds from the sale of cryptocurrencies of $6.869 million. However, Reddit added that the book value of its cryptocurrencies and the gains recognized from the sale were negligible in this reporting period. The document also revealed that Reddit's advertising demand has declined since the epidemic due to global economic concerns, rising interest rates, and uncertainty in geopolitical conditions.

The operator of cryptocurrency “market maker” MyTrade has pleaded guilty, the Justice Department said, as part of a larger crackdown earlier this month that brought charges of market manipulation against multiple companies and individuals. Liu Zhou, 39, will stand trial in federal court early next year for “wash trading clients’ cryptocurrencies on multiple cryptocurrency exchanges,” according to the Justice Department. Liu told others that “we do self-trading — buy and sell within the same second,” and that his volume bots can do “pump and dump.” Liu also allegedly said his company’s purpose was to find “other buyers in the community, people you don’t know or care about,” because in order for tokens to make a profit, those buyers would have to lose money.

Crypto exchange Coinbase Global Inc. has added $25 million in funding to Fairshake, a digital asset industry political action committee that has become a major force in U.S. elections.

Lottie Player suffered a supply chain attack earlier today, which may have affected projects such as 1inch and Movement.

New York federal court was ruled by Judge Lewis A. Kaplan to avoid prison for former FTX engineering director Nishad Singh for his role in the multi-billion dollar fraud case involving FTX. Singh was a key witness whose testimony helped convict the mastermind of the fraud, FTX founder SBF.

The U.S. government has sold tokens seized from SBF's defunct hedge fund Alameda Research, the first transfer of funds from the wallet in nearly two years, which held approximately $974,000 worth of cryptocurrency. Arkham on-chain data shows that government officials used AragonDAO's ANT token redemption address to sell more than 82,000 ANT tokens confiscated from the company. In November 2023, the Swiss nonprofit Aragon Association decided to dissolve and sell 86,343 ETH (worth $155 million at the time) in exchange for ANT tokens. Users are required to redeem their ANT tokens by November 2, 2024. After redemption, all ANT tokens will be destroyed.

The U.S. Treasury Department is concerned about the growth of the stablecoin market and believes that stablecoins issued by the private sector should eventually be replaced by state-backed central bank digital currencies (CBDCs), according to a report released by the Treasury Department on Wednesday. The report, written by the Treasury Department's Debt Management Office, said: "Similar to the way private sector-issued 'wildcat' currencies were replaced by government-backed central currencies in the late 19th century, central bank digital currencies (CBDCs) may need to replace stablecoins as the primary form of digital currency supporting tokenized transactions."

U.S. stock broker Robinhood released its third-quarter results, which showed that despite a slowdown in trading volume throughout the year, retail traders' interest in cryptocurrencies remained strong. Robinhood's cryptocurrency trading volume in the third quarter increased 112% year-on-year to $14.4 billion (but decreased from the previous two quarters), and its stock trading volume increased 65% to $286.2 billion.

On Wednesday, crypto exchange Coinbase (COIN) released third-quarter earnings and revenue that fell short of Wall Street analysts' expectations, causing its stock price to fall sharply in after-hours trading. The exchange said its total revenue in the third quarter was $1.2 billion, lower than the average expectation of $1.26 billion. At the same time, earnings per share were $0.28, also lower than analysts' expectations of $0.45. Coinbase's adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) in the third quarter were $449 million, which also fell short of expectations of $469.2 million.