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U.S. Spot Bitcoin ETFs Saw $74.57M in Net Inflows on Nov. 4; Ether ETFs Saw $53.02M On November 4 (ET), U.S. spot Bitcoin ETFs recorded $74.57 million in total net inflows, led by Fidelity’s FBTC with $237 million. Spot Ether ETFs recorded $53.02 million in net inflows, turning positive after five consecutive trading days of net outflows.

Coinbase: Unaffected by Binance Hot Wallet Incident, Over 99% of Customer Assets Held in Cold Wallets Coinbase said it was not affected by the Binance hot wallet incident and that its systems and customer funds remain secure. Currently, over 99% of customer assets are held in cold wallets, with hot wallet balances dynamically rebalanced according to customer deposit and withdrawal demand. Asset transfers are protected by multiple layers of controls, including distributed keys, withdrawal limits, anomaly detection, and emergency switches that can pause signing. Customer assets are held 1:1 and remain customer property, and will not be lent out or used unless instructed by the customer.

Arthur Hayes: AI Giants’ Equity Dilution May Pressure Stock Prices, Bearish for Bitcoin in the Short Term, Bullish if Central Banks Step In Long Term BitMEX co-founder Arthur Hayes said in his latest article “D is for Dilution” that large-scale share unlocks and equity dilution after IPOs of AI giants such as SpaceX, Anthropic and OpenAI could pressure their stock prices and raise debt financing costs across the AI industry. He estimates that early IPO investors in Anthropic could face up to 83% equity dilution by June 2027. Hayes believes that a decline in AI stock prices could weaken bank credit expansion, leading to a contraction in dollar liquidity and weighing on Bitcoin and other crypto assets. His investment firm Maelstrom will remain on the sidelines until liquidity conditions clearly improve. However, he expects that if the AI industry faces a systemic crisis, central banks may ultimately respond with monetary easing, which would be bullish for Bitcoin in the long run.

CZ: Companies Get Complacent Over Time, Many Lessons Learned From the Hack On November 3, 2026, Binance founder CZ @cz_binance reflected on the Binance hack in an interview with Talking Tokens Podcast @_TalkingTokens. He said companies can grow complacent and overlook potential problems after long periods without security incidents. He argued that all hacks are preventable and that there were many lessons to learn from the incident. He also supported forming an industry security alliance to share best practices, conduct cross-audits and help freeze funds quickly, saying he hoped to help move the initiative forward.

Polygon Labs Member Proposes Hard Fork to Recover Approximately 70.49 Million POL Stolen from Polymarket and Binance A member of the Polygon Labs Validator Support Team has published a Polygon Improvement Proposal (PIP) suggesting a hard fork on the Polygon PoS mainnet to recover approximately 70.49 million POL stolen in two recent hacks involving Polymarket and Binance, valued at about $6.5 million based on October 29 prices. Of the total, Polymarket accounts for approximately 23.86 million POL, while Binance accounts for approximately 46.63 million POL. The related funds are currently restricted from transfer by block-producing nodes. The proposal aims to move the POL balances from the attackers’ addresses to recovery addresses designated and verified by the two institutions through a hard fork, without changing the total token supply. The proposal will be submitted for discussion at the Polygon Protocol Governance Call on November 5. If approved, client development and testnet rehearsals are expected to be completed in approximately two weeks.

French Bank Crédit Mutuel Arkéa Details $133M Cyberattack via Third-Party Provider, Funds May Have Been Converted Into Crypto French banking group Crédit Mutuel Arkéa disclosed further details on November 4 about a cyberattack reportedly involving approximately $133 million. The attackers gained access to the bank's systems through a third-party service provider's platform and used the bank's own account to transfer funds to other financial institutions. The funds may subsequently have been converted into cryptocurrency through specialized platforms. Regarding reports that €118 million ($133 million) had been stolen, the bank said it could not confirm the exact amount but acknowledged that the figure was of the correct order of magnitude. Some of the affected funds have been blocked, and recovery efforts are ongoing. The bank denied that the attackers gained access through its online banking subsidiary Fortuneo, emphasized that customer assets were unaffected, and said the external attack had been contained.

Strategy’s STRC Touches $100 for First Time Since May, Potentially Reopening Bitcoin Funding Strategy’s perpetual preferred stock STRC briefly touched $100 on November 4 for the first time since May, reaching the minimum price at which the company currently intends to issue new shares under its at-the-market (ATM) program. Strategy repurchased approximately $2.25 billion worth of STRC between July and November 1. SEC filings show that the company used $5.46 billion in net proceeds from STRC ATM sales to purchase Bitcoin in Q2 2026 but made no STRC ATM sales in Q3. With $17.51 billion remaining available under the program as of November 1, the return to $100 could pave the way for renewed STRC issuance to fund Bitcoin purchases, although the latest filing reported no new STRC sales.

Second-Largest Bitcoin Miner Riot Sells 10,599 BTC in Q3, Holdings Drop Nearly 79% from End of June Riot Platforms, the second-largest publicly listed Bitcoin mining company, sold 10,599 Bitcoin in the third quarter, reducing its holdings from 11,380 at the end of June to 2,418 at the end of September, a decline of nearly 79%. In the first nine months of the year, Riot sold a total of 20,264 BTC for approximately $1.5 billion, primarily to fund data center construction. The company reported third-quarter revenue of $181 million, up 1% year-over-year, with net income of $4.03 million, compared with $104 million in the same period last year. Bitcoin mining revenue was $116 million, down about 28% year-over-year. Riot also signed a 15-year data center lease agreement with an unnamed leading AI lab for 910 MW of IT capacity, with an initial contract value of approximately $28 billion. The company has now contracted a total of 1,151 MW of data center capacity, with long-term contract revenue of about $38 billion.

ZachXBT: French Bank Crédit Mutuel Arkéa Allegedly Lost Over $133M in Crypto Theft On-chain investigator ZachXBT disclosed on November 4 that the financial institution allegedly affected by a crypto theft exceeding $133 million is Crédit Mutuel Arkéa, a French banking group with approximately $235 billion in assets. ZachXBT previously reported that an EU-based entity was suspected of losing more than $106 million from multiple centralized exchange accounts on November 1. The suspected attacker withdrew funds in USDC and USDT before swapping assets into ETH and privacy coin XMR and transferring funds across multiple blockchains.