Crypto Markets & On-Chain Ecosystem Developments

A Mexico City council member has proposed amending the law to punish unauthorized electricity use for cryptocurrency mining with 5–12 years in prison, fines of 1,000–3,000 UMA, and confiscation of mining equipment. If offenders illegally tap high-voltage lines, cause major power outages, or conceal data centers, the maximum sentence would rise to 18 years. The bill must be reviewed by the Mexico City legislature and go through federal procedures; legal mining would not be affected.

Blockchain financial infrastructure company KiiChain announced a partnership with Hecto Financial on November 3 to expand into Asia. KiiChain plans to link its Latin America payment and settlement network with Hecto Financial's financial network and pursue support for won-denominated transactions.

Gate News: On Nov. 3, Gate market data showed that, as of publication, BUY (BUY) was trading at $0.00351, up 37.87% over the past 24 hours, after reaching a high of $0.00542 and a low of $0.0026. Its current market cap is approximately $2.2958 million. Buying.com is an AI agent platform dedicated to helping businesses replace traditional employee teams with autonomous AI agents. The platform offers a range of specialized AI agents for sales outreach, customer support, supplier sourcing, marketin

Binance plans to begin the second phase of cryptocurrency withdrawals at 04:00 UTC on Nov. 4, following the initial reopening on Nov. 1. Binance said withdrawals will gradually resume for all assets as security and readiness work is completed, while deposits remain available. According to DefiLlama data, net outflows fell to $2.57 billion on Monday, a significant slowdown from $6.1 billion on Sunday. Binance Sets Second-Phase Withdrawals for Nov. 4, Gradually Resuming Across 9 Networks Including

According to BlockBeats and TradingBeats, on November 3, the U.S. midterm election voting day, a cross-market trader with a track record in political prediction markets invested approximately $84,200 to bet on a

According to PeckShieldAlert, the address tagged as the BlueMove hacker transferred 115,000 USDC from Ethereum to Hyperliquid and purchased 188.25 XMR at a price of $608.43 today (Nov 3). The transfers are linked to a July 11 exploit on BlueMove, a decentralized AMM exchange on Sui and Aptos,

Fidelity Digital Assets recently moved 1,722 BTC, valued at approximately $132 million, to a new wallet. The transfer was highlighted by crypto commentator Poloniex amid ongoing market uncertainties. This move occurs as Tether has frozen over $515 million in USDT, raising concerns about liquidity in

According to Odaily monitoring, address 0xfc667adba8d4837586078f4fdcdc29804337ca06 closed approximately $2.96 million SKHX long positions and reversed to short positions, currently holding about $70,000 in short contracts. The address's cumulative contract profits reached approximately $35.63 millio

Gate News bot message: Gate market data shows SOL down 4.01% in 24 hours, currently at 91.87 USDT.

According to SoSoValue data, on November 2, U.S. spot ETFs for XRP, HYPE, and ZEC recorded combined net outflows of $7.02 million. XRP saw $5.295 million in outflows, while HYPE led declines with $2.8598 million, followed by ZEC at $3.6324 million.

According to Standard Chartered, the UK-headquartered bank launched tokenized deposits in Hong Kong on November 2 for corporate treasury and investment workflows using the Hong Kong Monetary Authority's EnsembleTX infrastructure. Eligible clients can transfer deposits across participating banks in r

According to Odaily, Extended announced its native token XTEN economic model on X, with a maximum supply of 10 billion tokens. Of these, 300 million XTEN (30% of total supply) will be allocated for community airdrops and fully unlocked at TGE, with only the airdrop portion in active circulation

According to LayerTwo Labs, ECash mainnet went live on October 29 with a Drivechain design enabling developers to build sidechains without modifying Bitcoin's protocol. The network launched with five sidechains focused on payments, privacy, digital assets, identity, and prediction markets. ECX,

According to Odaily, SNZ Holding announced the launch of BlockUnion, its Web3 ecosystem platform, at the 2026 Hong Kong Digital Assets Forum. The announcement clarifies the division between SNZ Capital's investment focus and BlockUnion's operational scope. SNZ Capital will continue concentrating on

According to Odaily, NFT project Robin Guards posted on X platform questioning 200 crypto KOLs for alleged fake marketing practices, including purchasing counterfeit followers, coordinating likes and comments, and using AI-generated engagement. Despite the KOLs collectively holding over 10 million f

Gate News, Nov. 3: According to Gate market data, ARIA (Aria) was trading at $0.1155 at the time of publication, up 38% over the past 24 hours. It reached a high of $0.135 and a low of $0.082, with 24-hour trading volume of $8.0462 million. Its current market cap is approximately $21.13M. Aria.AI is a next-generation game development and publishing experiment inspired by Disney-style immersive worlds and AI technology, built around gameplay tied to its own IP. It represents a major step toward b