Blockchain analytics firm Elliptic revealed that North Korean hackers used a self-made Meme coin as a conduit to launder stolen funds from Binance through fraudulent transactions. The hackers created worthless tokens with no trading activity and established liquidity pools, then used different wallets to buy and sell them, disguising the stolen funds as legitimate transaction proceeds. This technique has been used on the Tron, Solana, and NEAR networks. The hackers created at least six Meme tokens on the NEAR network: FUK, OLCCL, MEILI, MMLI, DABI, and SINU, and set up separate NEAR liquidity pools for each token.

Strategy sold 2.0513 million MSTR shares this week, raising net proceeds of $283.8 million, which will be used for Bitcoin purchases and STRC preferred stock buybacks. As of November 8, Strategy's additional US dollar cash reserves rose to $146.2 million. After paying $21.1 million in preferred stock dividends, Strategy's dollar reserves stand at $4.77 billion. Currently, the STRC preferred stock buyback program has $560.3 million remaining, and the MSTR stock buyback program has $1 billion remaining. (Source: Decrypt)

Approximately 200 million USDT were transferred from an unknown wallet to the Tether Treasury, worth about $199.8 million.

U.S. Senator Elizabeth Warren plans to launch a large-scale regulatory and investigation campaign against Wall Street financial institutions, tech giants, and cryptocurrency companies associated with the Trump family after she takes over the Senate Banking Committee next year. Elizabeth Warren plans to use the committee's powers to review corporate practices and financial risks, with a focus on the private lending market, the AI bubble, and prediction markets. On the legislative front, Warren intends to push for caps on credit card interest rates and restrictions on corporate profiteering, and will work with Republican ranking member Tim Scott to advance housing legislation.

Hut 8 sold approximately 3,100 BTC to fund share buybacks. Of these, 954 BTC were used for buybacks in the third quarter, amounting to $74.7 million; and 2,100 BTC were used for buybacks after the quarter, amounting to $175.3 million, bringing the total buyback authorization to $1 billion. The second 352 MW lease commercializes the Beacon Point AI campus, bringing the expected contract value of Hut 8's AI portfolio to approximately $26.6 billion, with the first data hall expected to be delivered in the second quarter of 2027.