A New York federal judge dismissed Novig's preliminary injunction, ruling that state gambling laws applied.

7. SIBLINGS borrowed $25 million in stablecoins from Spark, including $12.5 million in USDT and $12.5 million in USDS. The entity then used CowSwap to exchange $22 million worth of stablecoins for 10,800 ETH, at an average price of approximately $2,039. (Onchain Lens)

Despite incurring a total loss of approximately $38.68 million, one address continued to increase its BTC short positions by approximately $3.32 million. Address details: 0x1f250df59a777d61cb8bd043c12970f3afe4f925

A New York federal judge rejected Novig's preliminary injunction application. The court ruled that Novig's event contracts did not constitute a swap under the Commodity Exchange Act, and that New York State could apply betting and sports betting laws to its activities. (Source: The Block) Daniel Wallach: State regulators may soon shift from defending their enforcement powers in federal courts to actively exercising those powers in state courts, which could be the next big chapter in sports prediction market litigation.

BitMine's annual report filed with the U.S. Securities and Exchange Commission on November 10th shows that for the fiscal year ending August 31, 2026, the company's revenue was approximately $125 million, with a net loss of approximately $6.313 billion. The loss primarily stemmed from unrealized losses on digital asset holdings, amounting to approximately $6.229 billion. During the period, revenue from staking and verification services was approximately $121 million, accounting for approximately 97% of total revenue. As of August 31, 2026, BitMine held 5.9018 million ETH, with a fair value of approximately US$14.559 billion, representing about 4.9% of the circulating supply of ETH at that time; it also held 211 BTC and cash and cash equivalents of approximately US$545 million.

An Ethereum user had $303,000 worth of aEthWETH stolen after signing a phishing signature.