# COINMAG

> Breaking crypto news, live Bitcoin and Ethereum prices, market analysis and research. Independent coverage of DeFi, regulation, ETFs and institutional adoption.

COINMAG is an independent crypto news site. Stories are written by the COINMAG newsroom and dated; each page carries schema.org NewsArticle data. Prices in the Markets panel come from CoinGecko and update every minute. Nothing on the site is financial advice.

- Full text of recent stories: https://coinmag.org/llms-full.txt
- RSS feed: https://coinmag.org/feed.xml
- Sitemap: https://coinmag.org/sitemap.xml
- Events calendar: https://coinmag.org/events (iCalendar: https://coinmag.org/events.ics)
- Languages: [English](https://coinmag.org/llms.txt), [Русский](https://coinmag.org/llms.txt?lang=ru), [Español](https://coinmag.org/llms.txt?lang=es), [Deutsch](https://coinmag.org/llms.txt?lang=de), [日本語](https://coinmag.org/llms.txt?lang=ja). Stories are written in English and translated automatically; translated pages link to the original.

## Institutions

- [Amazon AWS backlog hits $578 billion, outpacing revenue growth](https://coinmag.org/news/amazon-aws-backlog-hits-578-billion-outpacing-revenue-growth): Amazon’s AWS backlog hit $578 billion, growing faster than its 39% revenue rise, raising concerns over capacity constraints and future spending plans.
- [Allium restores data feeds for 18 blockchains after security breach](https://coinmag.org/news/allium-restores-data-feeds-for-18-blockchains-after-security-breach): Allium resumes normal data delivery for 18 major chains on Snowflake and Databricks, while backfills continue on BigQuery and users must replace API keys…
- [Robinhood Q3 2026 Crypto Revenue Drops 55% Amid Overall Revenue Growth](https://coinmag.org/news/robinhood-q3-2026-crypto-revenue-drops-55-amid-overall-revenue-growth): Robinhood posted $1.42 billion in Q3 2026 net revenue, up 12%, but crypto transaction revenue plunged 55% to $120 million amid a 38% drop in trading volume.
- [Anthropic IPO filing shows founders could own up to $203 billion if $2 trillion valuation materialises](https://coinmag.org/news/anthropic-ipo-filing-shows-founders-could-own-up-to-203-billion-if-2-trillion-valuation-material): Anthropic’s IPO filing shows founders hold about 1.4% of the AI firm, a stake that could be worth up to $203 billion at a $2 trillion market cap. Crypto…
- [Strategy reports record $20.9B operating income as Bitcoin price surge lifts earnings](https://coinmag.org/news/strategy-reports-record-20-9b-operating-income-as-bitcoin-price-surge-lifts-earnings): MicroStrategy reported a historic $20.91 billion operating income for Q3 2026, driven by a $68.9 billion valuation of its Bitcoin holdings and a $2.04…
- [Binance hot wallets drain $5.5 billion, Tether and Circle freeze $1.8 billion](https://coinmag.org/news/binance-hot-wallets-drain-5-5-billion-tether-and-circle-freeze-1-8-billion): On Oct. 29, over $5.5 billion left Binance-linked wallets on three blockchains, prompting Tether and Circle to freeze $1.8 billion of USDT and USDC. Binance…
- [DTCC launches tokenized securities service for 20 institutional clients](https://coinmag.org/news/dtcc-launches-tokenized-securities-service-for-20-institutional-clients): DTCC’s Depository Trust Company has launched a tokenization platform enabling 20 major institutions to mint blockchain tokens for equities, ETFs and…
- [Ripple targets $900 million product‑revenue run rate as institutional adoption expands](https://coinmag.org/news/ripple-targets-900-million-product-revenue-run-rate-as-institutional-adoption-expands): Ripple announced an almost $900 million annualized product revenue run rate and a new RLUSD partnership with Coinbase, citing over 1,700 institutional…
- [Coinbase Posts $719 Million Q3 Net Profit Driven by Crypto Investment Gains and Growing Subscription Revenue](https://coinmag.org/news/coinbase-posts-719-million-q3-net-profit-driven-by-crypto-investment-gains-and-growing-subscript): Coinbase reported a $719 million Q3 net profit, largely from crypto investment gains, while subscription services and prediction markets now make up nearly…

## Regulation

- [Quantum Computing Firm Estimates 30K Qubits Could Break Bitcoin Key in One Hour](https://coinmag.org/news/quantum-computing-firm-estimates-30k-qubits-could-break-bitcoin-key-in-one-hour): Alice & Bob estimates a fault‑tolerant quantum computer with ~29,600 cat qubits could break Bitcoin's elliptic‑curve signature in about 62 minutes,…
- [Circle urges SEC to treat USDC as cash and pilots settlement in Latin America](https://coinmag.org/news/circle-urges-sec-to-treat-usdc-as-cash-and-pilots-settlement-in-latin-america): Circle requests SEC clarification to count USDC as cash for broker‑dealer capital and reserve rules, while testing USDC settlement on ACI's Connetic…
- [Singapore Police Report S$3.5 Million Losses Linked to Tampered Ledger Wallets](https://coinmag.org/news/singapore-police-report-s-3-5-million-losses-linked-to-tampered-ledger-wallets): Singapore police confirm malicious hardware in Ledger wallets caused S$3.5 million in crypto losses, issuing safety advice and urging users to replace…
- [Westpac imposes A$10,000 monthly cap on customer transfers to crypto exchanges](https://coinmag.org/news/westpac-imposes-a-10-000-monthly-cap-on-customer-transfers-to-crypto-exchanges): Starting Dec 1, 2026 Westpac will limit outbound payments to cryptocurrency exchanges to A$10,000 per customer per month, with no exemptions, to curb scam…
- [Walmart and Seven Other Companies Object to OKX‑ICE Tokenized Stock Venue](https://coinmag.org/news/walmart-and-seven-other-companies-object-to-okx-ice-tokenized-stock-venue): Walmart, Eli Lilly, Cigna and four others have filed objections, raising the total to 38 issuers blocking the OKX‑ICE tokenized stock platform under the…
- [Binance and Itaú Submit VASP License Applications Ahead of Brazil Central Bank Deadline](https://coinmag.org/news/binance-and-itau-submit-vasp-license-applications-ahead-of-brazil-central-bank-deadline): Binance and Brazil's top bank Itaú have filed VASP licence applications ahead of the Central Bank's Oct. 30 deadline, as tighter rules force smaller crypto…
- [KuCoin halts services for Russian and Belarusian users amid tightening EU sanctions](https://coinmag.org/news/kucoin-halts-services-for-russian-and-belarusian-users-amid-tightening-eu-sanctions): KuCoin has halted all crypto services for Russian and Belarusian users, citing legal and regulatory compliance amid tightening EU sanctions. Impact and next…
- [ECB President Christine Lagarde to Leave Office in February 2027, Triggering Early Succession Process](https://coinmag.org/news/ecb-president-christine-lagarde-to-leave-office-in-february-2027-triggering-early-succession-pro): ECB President Christine Lagarde announced her resignation for 7 February 2027, prompting an accelerated succession under EU treaty rules and raising…
- [Utah Charges Kalshi and Executives with Felony Gambling Promotion](https://coinmag.org/news/utah-charges-kalshi-and-executives-with-felony-gambling-promotion): Utah prosecutors indicted Kalshi, CEO Tarek Mansour and COO Luana Lopes Lara on 14 counts, including 13 felonies, over an undercover agent's sports bets on…
- [US Treasury sanctions Russian crypto intermediaries for North Korean IT worker money‑laundering](https://coinmag.org/news/us-treasury-sanctions-russian-crypto-intermediaries-for-north-korean-it-worker-money-laundering): OFAC sanctions ten people and one entity, naming two Russian nationals who moved over $5 million in crypto for North Korean IT worker schemes that fund…
- [ICE takes stake in Trade.xyz to launch US Hyperliquid perpetual futures](https://coinmag.org/news/ice-takes-stake-in-trade-xyz-to-launch-us-hyperliquid-perpetual-futures): ICE takes a strategic stake in Trade.xyz to launch a regulated US market for Hyperliquid perpetual futures, prompting a 13% jump in the HYPE token and…

## Altcoins

- [Flare Networks Added to XRP Ledger Foundation's Recommended Validator List](https://coinmag.org/news/flare-networks-added-to-xrp-ledger-foundation-s-recommended-validator-list): Flare Networks is added to the XRP Ledger Foundation’s recommended validator list as Anodos Finance steps down, enhancing Flare’s role in XRPL consensus and…
- [Kalshi raises $1 billion, valuation jumps to $40 billion as it expands beyond sports contracts](https://coinmag.org/news/kalshi-raises-1-billion-valuation-jumps-to-40-billion-as-it-expands-beyond-sports-contracts): Kalshi secured a $1 billion funding round, lifting its valuation to $40 billion and targeting new perpetual and compute‑price products while facing state…
- [China's Tech Index Plummets 40% as Bitcoin Gains 27% Amid AI Bubble Burst](https://coinmag.org/news/china-s-tech-index-plummets-40-as-bitcoin-gains-27-amid-ai-bubble-burst): China's STAR50 tech index lost $480 billion, a 40% drop since July, while Bitcoin rose 27% over the same period, highlighting divergent market dynamics and…
- [Polygon expands Open Money Stack to Solana, simplifying stablecoin payments](https://coinmag.org/news/polygon-expands-open-money-stack-to-solana-simplifying-stablecoin-payments): Polygon Labs expands its Open Money Stack to Solana, offering businesses a single integration for bank funding, embedded wallets, cross‑chain transfers and…

## Stablecoins

- [Utexo to Relaunch USDT on Bitcoin via RGB and Lightning](https://coinmag.org/news/utexo-to-relaunch-usdt-on-bitcoin-via-rgb-and-lightning): Utexo plans a Nov. 28 launch of Tether’s USDT on Bitcoin using the RGB protocol for privacy and Lightning for fast payments, targeting up to $10 bn in…

## Bitcoin

- [Bitwise projects $1.6 million Bitcoin price by 2036 on institutional demand](https://coinmag.org/news/bitwise-projects-1-6-million-bitcoin-price-by-2036-on-institutional-demand): Bitwise raises its Bitcoin price target to $1.6 million by 2036, citing a 34.3% annual growth rate driven by institutional allocations and limited new…
- [Bitcoin rebounds to $81.5K on strong US GDP data](https://coinmag.org/news/bitcoin-rebounds-to-81-5k-on-strong-us-gdp-data): Bitcoin surged past $81,000 after US Q3 GDP data beat expectations at 3.4%. Analysts watch key resistance levels as traders navigate post-Fed volatility.
- [Bitcoin Derivatives Show Bullish Tilt Ahead of $11B Options Expiry](https://coinmag.org/news/bitcoin-derivatives-show-bullish-tilt-ahead-of-11b-options-expiry): Futures open interest hits $54.8 bn and call options dominate as Bitcoin braces for an $11 bn options expiry and post‑FOMC market test.

## DeFi

- [Polymarket halts then resumes trading after third‑party exploit steals $2.6‑$2.7 M](https://coinmag.org/news/polymarket-halts-then-resumes-trading-after-third-party-exploit-steals-2-6-2-7-m): Polymarket paused its international platform on Oct. 29 due to a compromised third‑party script that stole $2.6‑$2.7 million in POL tokens, then reopened…

## About

- [Front page](https://coinmag.org/): latest crypto news, live Bitcoin, Ethereum, Solana, BNB and XRP prices, upcoming market events