Crypto news and market updates

Arthur Hayes outlines a blueprint for futures contracts that track a FLOP Network compute index, but the effectiveness of hedging AI inference costs depends on both the index movement and the FLOP‑dollar exchange rate.

Morgan Stanley lowered its Coinbase price target by about 53% after the exchange reported a year-over-year revenue decline and as crypto markets weighed the fallout from the Binance hack.

Crypto‑native prop firm Coinhub Funded went live offering traders funded accounts up to $200,000, profit splits of up to 90%, and nine daily 30‑minute trading tournaments with USDT prizes.

Analysts estimate Binance’s combined fines and hack‑related losses total about $10.7 billion, roughly 56% of its projected pre‑tax profit for 2021‑2025, raising questions about its expansion capacity.

The October 29 security breach at Binance, resulting in $6.3 billion in losses, drove the Crypto Fear and Greed Index to 30, deepening market fear.

The U.S. Treasury’s Treasury General Account stood at about $1.016 trillion on Oct. 28, prompting analysts to watch upcoming cash‑drawdown assumptions and borrowing plans for their impact on Bitcoin funding conditions.

Crypto‑native prop firm Coinhub Funded went live on November 2, offering funded accounts up to $200K, profit splits up to 90%, and daily 30‑minute tournaments with USDT prizes.

Arbitrum One generated over $79 billion in decentralized perpetual futures volume in the past month, yet the ARB token remains near $0.16, pressured by daily token unlocks and a large upcoming release.

Ethereum's developer community gathers in Mumbai for Devcon, scheduled for November 3–6, focusing on technical proposals, application development, and coordination across the ecosystem.

A newly discovered zero-click Linux vulnerability, designated CVE-2026-98432, has received a 9.8 out of 10 severity score and sparked widespread concern across the tech industry.