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Decrypt

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American Bitcoin Posts $126M Q3 Profit as Holdings Reach 8,427 BTC. The Nasdaq-listed miner said it mined about 891 bitcoin in the third quarter, booked roughly $63.4 million in mining revenue, and added about 425 BTC to holdings that include 3,090 BTC pledged to Bitmain. https://t.co/tSulSSswJ6

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"Perhaps crypto just became less political once and for all." @farokh on why Democrats taking Congress could be bullish for both sides, with the SEC and CFTC leadership in place for the next two years. https://t.co/M6VW4Xej1b

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Can US stock perps survive in court? Hours after the CFTC cleared single-stock perpetual futures, the Cboe- and Citadel-backed Capital Markets Alliance sued in New York, arguing they're security-based swaps for the SEC. A judge has denied an emergency block but said the group is likely to win on the merits. @Tyler_Did_It breaks it down.

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Nvidia Tops Apple to Become World's Most Valuable Company at $5 Trillion. Nvidia shares climbed about 2.9% on Tuesday morning, lifting its market value to roughly $5.01 trillion, while Apple fell about 1.9% to around $4.84 trillion, according to CNBC market data. https://t.co/oxfvdd5eJ9

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Consensys Launches Bridgeless Interoperability Stack for Institutional Ledgers. Consensys unveiled Sovereign Network Interoperability at Devcon in Mumbai, letting institutions settle securities, exchange currencies and post collateral across separate ledgers without bridges, with EVM chains supported now and Canton next.

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Crypto .com to Shut Its Consumer App for Hong Kong Users in February. Crypto .com will stop serving Hong Kong users through its consumer app from February 1, 2027, a spokesperson said, while its local unit keeps pursuing a Securities and Futures Commission exchange license. https://t.co/U851iGPpJt

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Mercado Bitcoin Says Customers Won't Lose Assets After Security Incident. Brazilian exchange Mercado Bitcoin says about $11 million of the affected funds has been blocked and roughly $38 million has not, pledging customers will lose no assets while its platform remains offline. https://t.co/FUA3KdBIBV

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ZachXBT Says Suspected Theft From European Institution Tops $133 Million. Onchain investigator ZachXBT says he found another $27 million in exchange withdrawals by the illicit actor, bringing the total above $133 million, adding his working theory that a large Western European financial institution is covering it up.

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Apple Posts Record $114.5 Billion September Quarter, Capping Its "Best Fiscal Year Ever." Apple said fiscal fourth-quarter revenue rose 12% to $114.5 billion, with record iPhone sales and all-time high Services revenue, as full-year revenue hit a record $479 billion. https://t.co/8Mxi6Ayew1

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China's Communist Party Vows Crackdown on Crypto-Linked Corruption. A resolution the party's Central Committee adopted on October 29 calls for resolutely cracking down on corruption carried out using virtual currencies, blockchain, cross-border funds and the internet. https://t.co/JfCgpCZIjV