BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

Palantir releases Q3 2026 financial results: revenue totaled $2.313 billion, up 96% year-over-year, topping the market consensus of $2.17 billion. Adjusted earnings per share (EPS) came in at $0.44, beating the $0.40 forecast. Operating profit hit $1.08 billion, with adjusted operating margin standing at 62%. U.S. market revenue rose 119% YoY and 23% quarter-over-quarter (QoQ) to $1.937 billion. Within this segment, U.S. commercial revenue surged 148% YoY and 29% QoQ to $984 million, surpassing U.S. government revenue for the first time. U.S. government revenue grew 96% YoY and 18% QoQ to $953 million. The company forecasts Q4 revenue between $2.649 billion and $2.653 billion, and raised its full-year revenue outlook to $8.53 billion–$8.534 billion, up from the prior range of $8.15 billion–$8.16 billion. Its full-year U.S. commercial revenue forecast was lifted to over $3.559 billion, with projected growth of at least 143%.

According to HTX market data, the crypto market is consolidating with minor downward movement. Bitcoin broke below $77,000 this morning, currently trading at $76,900, down 1.65% in 24 hours. Ethereum is at $2,256, down 0.62% in 24 hours. ZEC is at $1,154, plunging 6.3% in the past 24 hours. SOL is at $92, BNB at $700, HYPE at $84.5, all seeing minor declines. The total crypto market capitalization stands at $2.674 trillion, down 0.7% in 24 hours. Leading altcoin gainers in 24 hours: HOT up ~17%, HAEDAL up ~13%, TRX up ~2%, XMR up ~2%, JST up ~1.5%. Leading altcoin losers in 24 hours: NEAR down ~10%, ZEC down ~6%, LSK down ~15%, ENA down ~6%, BEAM down ~19%.

Brazilian cryptocurrency exchange Mercado Bitcoin announced in a post that it detected a security incident on its platform in the early hours of today, has activated security protocols and temporarily suspended service access. The platform guarantees customers will not lose any assets as a result of the incident. The total assets involved are approximately $38 million. Following rapid collaboration with the crypto community and strategic partners including Tether, Circle, Paxos, BRL1 and Chainalysis, $11 million has been frozen, and containment operations are ongoing. Services will be restored once sufficient security conditions are in place, with the relevant timeline announced exclusively via official channels.

According to Bitget market data, South Korea's KOSPI index opened down 2.46%, with SK Hynix and Samsung Electronics both falling more than 4%.

U.S. Securities and Exchange Commission (SEC) Division of Corporation Finance has updated its "Frequently Asked Questions Regarding the Application of Federal Securities Laws to Certain Digital Assets and Transactions", with the latest revision date being November 2. This FAQ reflects the views of SEC staff, not SEC rules, regulations, or Commission pronouncements, and is not legally binding. The updated content primarily clarifies the definition of a "central party". SEC staff stated that participants in a functional crypto system’s broad governance structure, if unaffiliated and without separate agreements to act in concert, generally do not qualify as a "group of persons or entities" under the definition. A central party’s "oversight participation" refers to control over access to the protocol, validator, or user layers—such as unilaterally granting or restricting access, deciding or modifying upgrade and voting processes, controlling who may participate in consensus, or altering rule codes, rolling back transactions, or revoking access. The FAQ also notes that "functional" and "decentralized" are separate concepts: a functional crypto system where digital assets are native may exhibit decentralized traits, though the degree of decentralization varies based on facts and circumstances.

Liquid Federation announced that its network’s Bitcoin reserves have been fully restored, re-establishing 1:1 BTC backing for all LBTC. Users can now transfer between Bitcoin and Liquid at a 1:1 ratio via participating swap service providers.