Loopscale Partly Restores Loan Functions, Keeps Vault Withdrawals Frozen
Repayments and collateral withdrawals remain disabled for USDC Genesis-funded loans as the Solana lender details two attack paths.
Hyperliquid Strategies Files for US FCM Registration as Quarterly Net Income Hits $620.6M
TLDR: Hyperliquid Strategies filed to register a subsidiary as a US futures commission merchant (FCM). Net income reached $620.6M for the quarter, driven mainly by $803.0M in unrealized HYPE gains. The firm raised $911M in equity and spent $785M to buy…
Core Scientific to quit Bitcoin mining by year-end as AI business surges
The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.
US Spot Bitcoin ETFs Flip to $74.6M Inflows as FBTC Leads
US spot Bitcoin ETFs flipped back to net inflows on Wednesday, November 4. The move ended a three-session stretch of heavy redemptions.
Argentina Opens New Institutional ETF Channel With 25% Mutual Fund Allocation Limit
Argentina’s CNV lets mutual funds invest up to 25% in ETFs, increasing institutional access to the first domestic ETF.
Samsung, SK Hynix Fall More Than 10% as Asian Markets Slide
KOSPI 200 futures fell 7.9%, while an ETF tracking South Korean stocks lost 13% overnight. The Philadelphia Semiconductor Index dropped more than 12%, its largest one-day loss since March 2020.
Pennant Group Revenue Rises 32% to $302.25 Million in Q3
Non-GAAP earnings per share matched estimates at $0.35, while revenue exceeded estimates by $2.78 million.
Ethereum Open Interest Reverses as $182 Million in ETH Longs Are Liquidated During Crypto Selloff
Ethereum open interest declined as $182 million in ETH positions were liquidated, highlighting broader leveraged deleveraging across major altcoin markets.
Fuel Tech Plans Early 2027 Board Presentation of Growth and M&A Strategy
The ongoing process includes a cross-functional employee team and external advisers, with industrial and water growth and selective acquisitions among the options being assessed.
Nasdaq Plunge Wipes Out $1.04 Trillion in Value Across Seven Major Tech Stocks
The Nasdaq plunged 5.5% on November 5 as the MAG 7 lost $1.04 trillion in market value amid AI investment concerns and broader market uncertainty.