Today's Crypto and Bitcoin News

Author: HuohuoThe trading market has cooled—how is Coinbase making money?On October 29, Coinbase released its third-quarter earnings report. Despite sluggish trading activity in the crypto market, the company’s revenue remained largely stable. One easily overlooked change in the report: subscription

ME News reports that on October 30 (UTC+8), ConsenSys tweeted that its cryptographer Youssef El Housni, in collaboration with researchers from Wuhan University of Technology, the COSIC Laboratory at KU Leuven, and the National Academy of Sciences of Belarus, has published a paper introducing a new m

Amazon (NASDAQ: AMZN) shares sank more than 7% to around $226 in Friday’s premarket trading after the company’s third-quarter earnings and revenue fell short of Wall Street estimates.The results also showed a sharp deterioration in free cash flow amid heavy spending on artificial intelligence infras

Ripple recently announced that it expects its annualized product revenue run rate to reach $900 million by the end of 2026.CEO Brad Garlinghouse shared the figure at the company’s Swell 2026 conference in New York City, describing 2026 as an exceptional year for Ripple.He highlighted rising transact

CoinDesk reports:Z Squared Inc. (Nasdaq: ZSQR) announced on Friday that it has begun site planning and preliminary engineering design for its Union County campus in El Dorado, Arkansas. The company has also engaged A2 Advisors to provide recommendations on campus development, project delivery, vendo

Coinbase is removing USDT and 13 other stablecoins for retail customers across the European Economic Area, and the deadline to withdraw them is October 30, 2026. After that date, any affected balance left in an EEA account will be automatically converted into USDC at the market rate, according to Co

ChainCatcher report: Ethereum Layer 2 network Scroll has released a summary of its DAO monthly meeting, further disclosing its network transition plan to convert the existing network into a permissioned network and migrate SCR and USX to the Ethereum mainnet. Scroll stated that it will submit a deta

Counterpoint Research said on Friday that worldwide smartphone system-on-chip (SoC) shipments declined 21% from a year earlier in the third quarter of 2026. Counterpoint said mid-tier and entry-tier devices experienced the most pressure. Counterpoint said Apple and Samsung Electronics handled the do

The iShares MSCI Brazil ETF (EWZ) lost 20% on Monday following Luiz Inácio Lula da Silva's victory for a fourth presidential term. Lula received 51.8% of the vote. EWZ, the largest Brazil ETF listed in the United States, recorded the fund's biggest daily decline since the pandemic crash in March 202

CoinDesk reports:LakeSail announces a strategic partnership with Oxide Computer Company to help businesses modernize their data and AI infrastructure while maintaining security, performance, and cost control.This partnership stems from Sail’s successful validation on the Oxide platform. Sail is an o

Zcash Community Grants (ZCG) has put forward a proposal to reroute roughly $124 million worth of ZEC from its treasury toward future block rewards, but prominent industry figures are pushing back—arguing the plan doesn’t sufficiently address accountability and transparency concerns around how the fu

I. Google Plummets 12.64%: The Faster AI Grows, What Are Markets Growing More Concerned About?After the U.S. stock market closed on October 29, a clear divergence emerged among individual stocks and sectors. Google fell 12.64%, wiping out approximately $500 billion in market value in a single day—th

Odaily Planet Daily report: The Japanese Financial Services Agency (FSA) has released a commissioned research report on overseas financial regulatory systems, spanning 609 pages and prepared by the Japanese law firm Aoki & Sakai. The report covers eight countries and regions, including the United St

ME News reports that on October 30 (UTC+8), Meta Platforms (META.O) is facing an investigation by UK regulators, who are concerned that the company’s commercial terms may impose exploitative conditions on publishers and advertisers.The UK Competition and Markets Authority (CMA) said on Friday it wou

Scroll detailed plans on Oct. 30 to turn its public Ethereum Layer 2 into a permissioned, application-specific AI network and migrate SCR and USX to Ethereum mainnet, with a formal proposal and governance review still to come.The project's transition FAQ targets Q2 2027 for the broader change, subje