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Texas State Representative Ron Reynolds submitted HB 815, a bill that allows each city and county in the state to invest up to 10 million dollars of public funds in Bitcoin or other cryptocurrencies. The bill was submitted on the first day of the pre-filing period for the 90th Texas Legislature and will amend the Public Funds Investment Act by adding Section 2256.0165 "Authorized Investment: Cryptocurrency." If it becomes law, this authorization will take effect on September 1, 2027.The 10 million dollars is a cap for each city or county, not a statewide pooled fund, and school districts and other local governments subject to the investment law are not included. The bill adopts the definition of Bitcoin and cryptocurrency from last year's SB 21, which established the Texas Strategic Bitcoin Reserve, so cities or counties are not limited to Bitcoin. The bill does not introduce a requirement for the purchased tokens to have an average market value of at least 50 billion dollars over the past 24 months, nor does it include provisions for cold storage and qualified custodians, and it does not specify regulations for custody, digital asset audits, or loss handling.This bill is a narrowed version of last year's proposal. Reynolds previously submitted HB 4258 with Mihaela Plesa on March 10, 2025, allowing the state auditor to invest up to 250 million dollars from the Economic Stabilization Fund in Bitcoin or cryptocurrencies, and set the same 10 million dollar cap for cities and counties, but it did not become law. Texas's own reserve was established separately through SB 21, signed by Governor Greg Abbott in June 2025. The Texas State Auditor's Office purchased 5 million dollars of BlackRock iShares Bitcoin Trust on November 20, 2025, as a transition, and the second purchase brought the reserve's IBIT exposure to about 10 million dollars. The regular session of the 90th Legislature will convene on January 12, 2027, and the bill has not yet been submitted to committee.

Cryptocurrency trading platform Uphold announced that the previously encountered issue of cryptocurrency withdrawal interruptions has been resolved. The interruption was caused by a failure in its trading monitoring service provider, and the platform implemented measures during the outage.Uphold stated that during the process of addressing the issue, fiat currency deposits, fiat currency withdrawals, and trading functions continued to operate normally and were not affected by the interruption.

According to Bitcoin Magazine, Bitcoin financial services company Onramp has launched Onramp Business, a corporate account that supports named users, role-based permissions, and dual withdrawal approvals. This product is aimed at companies that wish to incorporate Bitcoin into their balance sheets but are reluctant to have it managed by a single login, single custodian, or single private key holder.The base account transaction fee is 0.85%, with Bitcoin stored at qualified custodians, typically completing verification within one business day. It supports up to three users, including the owner, administrator, and read-only roles, and provides audit trails. Onramp Treasury and Onramp Enterprise are being launched simultaneously at higher tiers.Onramp founder and CEO Michael Tanguma stated that he has seen companies decide to incorporate Bitcoin into their balance sheets over the years, but stall when the board asks who holds the private keys; Onramp Business allows companies to have the same control as a bank account, including named users, withdrawal approvals, and complete records. As holdings grow, Onramp Treasury stores them in vaults protected by three independent institutions, with no single party (including Onramp) able to transfer or access them.Bitcoin in free accounts is stored in cold storage at qualified custodians; multi-institution custody is provided by Onramp Treasury, starting at $375 per month, with transaction fees reduced to 0.65%. Bitcoin is moved into vaults held in the company's name, protected by a 2-of-3 multi-signature arrangement consisting of Onramp, Tetra Trust, and CoinCover.Onramp Enterprise is aimed at funds, miners, and large corporate treasuries, priced on a consulting basis. Onramp has been offering multi-institution custody since 2023, completing a $12.5 million Series A funding round in May, with a valuation of $135 million.

According to the Binance Research November 2026 market monthly report summary, the total market capitalization of the cryptocurrency market fell by 9.1% in October to $2.70 trillion. The report links the market correction to inflationary pressures, expectations of interest rate hikes by the Federal Reserve, and declines in technology stocks. During the same period, the net outflow from the US spot BTC ETF was approximately $516 million, while the net outflow from the ETH ETF was about $1.6 billion.The report also mentions that the five major AI investment companies had a total capital expenditure of $230 billion in the third quarter, which is 2.2 times their operating cash flow, with a total free cash flow turning negative to about -$32 billion. Demand for AI inference continues to grow, but the revenue scale of related cryptocurrency inference service providers remains small. In addition, the tokenized stock product bStocks reached $1 billion in assets under management within 125 days of its launch, with an on-chain utilization rate of 18.54%, higher than the industry average of 13.91%.

After the speech by Federal Reserve Governor Waller, the market has further increased its bets on the Federal Reserve raising interest rates, and it has now fully priced in the expectation that the Federal Reserve will raise rates by 25 basis points in December.Waller stated that even if the October CPI improves compared to September, it will still support a 25 basis point rate hike in December. If the October core CPI rises around 0.3% or higher, the Federal Reserve may need to raise rates by 50 basis points in December.

The Lightning Network project Lnfi Network tweeted that its withdrawal service has been restored.Previously, Lnfi Network tweeted that the team had discovered issues related to withdrawals and was in the process of maintenance and repair. The withdrawal function had been temporarily suspended, and the pending withdrawal amounts would be fully refunded to the users' balances.

The Vice President of Engineering at the prediction market platform Polymarket, Josh Stevens, announced that the platform has launched a withdrawal address whitelist feature. Users can lock the withdrawal address of their deposit wallet, and adding a new address requires email verification and setting a 48-hour time lock. Operations not performed by the user can be canceled via email.Stevens stated that even if a session is compromised or a malicious transaction is mistakenly signed, funds cannot be transferred to an uncontrolled address. This feature can be enabled in "Settings - Account," and Passkey support will be launched soon. The team is developing a migration tool for non-deposit wallets and will introduce advanced built-in security protections that do not require manual activation.

The CEO of the cryptocurrency trading platform MEXC, Vugar Usi, stated that after the Financial Crimes Enforcement Network (FinCEN) issued a restriction order against MEXC Global, the platform has established contact with FinCEN with the assistance of top law firms in the United States. FinCEN confirmed on Monday morning local time that it received MEXC's written request, and the platform is prepared to fully cooperate with the relevant investigation.Usi emphasized that MEXC is currently operating normally, with deposit, withdrawal, and trading functions all running smoothly. Previously, on November 6, FinCEN issued an order prohibiting U.S. regulated financial institutions from processing fund transfers involving MEXC Global, accusing it of handling at least $16 billion related to sanctions evasion and cybercrime. The restriction order has not yet been lifted.

Community user @is9203029798693 posted that they invested approximately 3,000 USDT in Lista-related products through Binance Wallet, and after more than a year, they are still unable to redeem it. They have contacted customer service multiple times without resolution.Lista DAO responded on November 10, stating that the involved treasury is independently managed by a third party, MEV Capital, and is not a self-operated treasury of Lista. MEV Capital is responsible for fund management and user assets, and has already filed a lawsuit against Stables Labs. Lista DAO stated that it only provides underlying lending infrastructure and cannot directly intervene in the risk parameters of third-party treasuries, and will continue to assist in resolving the issue.

In 2025, NVIDIA learned that Huang Le had been detained by the Singapore police and proactively inquired about the situation with senior officials at the U.S. Department of Commerce. A few weeks later, U.S. officials investigating its affiliated company Megaspeed for suspected chip smuggling began to face strict limitations, and by the end of the year, the Department of Commerce was instructed to cease its investigation.In late summer 2025, NVIDIA's General Counsel Tim Teter directly called U.S. Deputy Secretary of Commerce Jeffrey Kessler to ask whether the Bureau of Industry and Security (BIS) under his supervision was involved in the Singapore police's detention of Huang Le. At that time, Huang Le had already been questioned by the Singapore police and was restricted from leaving the country, while the U.S. Department of Commerce was also investigating whether Megaspeed had illegally transshipped NVIDIA AI chips. A few weeks after this call, BIS investigators received new instructions that any contact with NVIDIA must first go through Kessler or obtain his approval, and they were even prohibited from mentioning Megaspeed or its Malaysian subsidiary during external investigations.Teter later requested to meet directly with the investigators but was denied, subsequently stating that he had obtained Kessler's permission and did not understand why he was still being refused. Investigators were concerned that NVIDIA might influence the investigation through high-level connections, so they forwarded the emails to Kessler, who did not ask his subordinates to cooperate and only replied that they should strictly follow the regulations in handling the case. By the end of 2025, the U.S. Department of Justice requested the Department of Commerce to stop its investigation and take over the criminal investigation. Individuals involved in the investigation revealed that BIS had sufficient evidence to continue but was forced to halt its work, with some officials believing that the sudden transfer of the case was unusual. NVIDIA responded that contacting the Department of Commerce was to provide information, understand regulatory requirements, and assist in preventing illegal chip transshipment, and Teter was unaware of the extramarital affair between Jensen Huang and Huang Le when he intervened.

According to CoinPost, the Financial Services Agency of Japan has updated the warning page for "unlicensed financial and cryptocurrency trading platforms" and added a link to the Consumer Affairs Agency's anti-fraud measures, reminding investors to be cautious of trading platforms that are not registered in Japan.The Financial Services Agency pointed out that these unlicensed platforms lack investor protection mechanisms and often face issues such as refusing user withdrawals, charging "exorbitant fees," and even suddenly going offline. The official reminds users to verify the platform's qualifications through the "Unified Search Function for Financial Service Providers" before trading. In the warning list updated in September, a Hong Kong company operating "IZAKA-YA" was added. Additionally, the Consumer Affairs Agency of Japan has implemented anti-fraud measures in September, utilizing AI to analyze consumer consultation data from various regions to identify malicious fraud techniques early.

A federal judge in California, Alex Tse, ruled that the subscription marketing lawsuit against Anthropic's Claude Max can proceed. The judge allowed claims under California's consumer law for deceptive advertising, negligent misrepresentation, and breach of contract to continue, while dismissing other claims, including those related to the state's unfair competition law, and permitted the plaintiffs to submit an amended complaint.The proposed class action was filed in September by two Claude Max subscribers. The plaintiffs claim that the Max plans, priced at $100 and $200 per month, were advertised as providing 5 times or 20 times the usage of the Pro plan, but the weekly usage limits did not reach those multiples. Anthropic stated that the relevant multiples refer to the usage per 5-hour session and cited information disclosed on the website. Tse found that these disclosures were too far removed from the main sales page to warrant dismissal of the case at this stage.

According to Catcher Predict monitoring, the predicted market on Polymarket for the "Lakers vs. Hawks" event shows that the "Yes" option for the sub-market "Austin Reaves: Points O/U 14.5" has experienced a drastic fluctuation in winning probability, dropping from 64.5% an hour ago to the current 20.5% (a fluctuation of 44%). Please note the impact of related breaking news.

According to data from the official Injective node, the Injective mainnet has stopped producing blocks, with the latest block height remaining at 191,016,661, which was generated at 21:04 Beijing time.The South Korean cryptocurrency exchange Upbit announced that due to the interruption in block generation for Injective (INJ), it has suspended INJ deposits and withdrawals. Spot trading is not affected, and they will notify users through an announcement once the stability of deposits and withdrawals is confirmed. Another South Korean exchange, Coinone, also announced that due to network issues, it has suspended INJ deposits and withdrawals starting from 22:25 Beijing time, while trading and other services remain unaffected.

According to SoSoValue data, during the last trading week (Eastern Time from November 2 to November 6), the HYPE spot ETF had a net outflow of $15.6168 million, marking the third highest in history.The HYPE spot ETF with the highest net outflow last week was the Bitwise ETF BHYP, with a weekly net outflow of $12.0678 million, and the total historical net inflow for BHYP has reached $114 million; followed by the 21Shares ETF THYP, with a weekly net outflow of $3.3249 million, and the total historical net inflow for THYP has reached $27.41 million.As of the time of writing, the total net asset value of the HYPE spot ETF is $374 million, with an ETF net asset ratio (market value compared to the total market value of HYPE) of 2.00%, and the historical cumulative net inflow has reached $287 million.During the same period, the XRP spot ETF had a net outflow of $529,500. The XRP spot ETF with the highest net outflow last week was the Canary ETF XRPC, with a weekly net outflow of $529,500, and the total historical net inflow for XRPC has reached $485 million.As of the time of writing, the total net asset value of the XRP spot ETF is $1.34 billion, with an ETF net asset ratio (market value compared to the total market value of XRP) of 1.80%, and the historical cumulative net inflow has reached $1.81 billion.

Elon Musk posted in a mix of Chinese and English on X, saying: "Chinese 𝕏 is awesome," praising the Chinese X community with internet slang.As of the time of publication, the post has received over 300,000 views and more than 700 replies.

The Lightning Network project Lnfi Network tweeted that the team has discovered issues related to withdrawals and is currently performing maintenance and repairs. The withdrawal function has been temporarily suspended, and the pending withdrawal amounts will be fully refunded to the user balance. The team stated that they will provide updates as soon as maintenance is completed and services are restored.

According to Ai Yi's monitoring, a new address has withdrawn approximately 2,722 ETH from Binance since yesterday, worth about 6.105 million dollars.

According to BeInCrypto, crypto investor Evan Luthra publicly disclosed for the first time his experience of being kidnapped in Oxford, UK, in November 2025. At that time, the private vehicle he was in suddenly drove onto a remote road, where five masked men broke into the car, assaulted him, and unlocked his phone using Face ID.The attackers transferred over $1.5 million in crypto assets from his Binance account within about 30 minutes, moved approximately $600,000 in ETH from his Gate account, and stole a Richard Mille watch worth about £450,000. Luthra stated that afterward, exchanges like Binance and MEXC assisted in freezing and recovering some of the funds, with Binance returning about $370,000, and nearly $1 million has been recovered in total. Several suspects have been arrested in the case, and the trial has been postponed until November 2027.