The market this morning

CFTC clears stock perpetual futures for US exchanges, and a Citadel-backed group sues the same day

By Crypto Info News

Good morning. US regulators cleared stock-based perpetual futures for trading on domestic exchanges, extending a product popular in crypto into traditional markets, Cointelegraph reported [12]. The clearance did not go unchallenged. CoinDesk reported that a group backed by Citadel Securities and other firms sued the US derivatives regulator, arguing the path it opened belongs with the SEC [8]. The two reports describe the same opening met, the same day, with litigation.

Tether's reserves drew scrutiny. Decrypt reported that CEO Paolo Ardoino told the Plan ₿ Forum in Lugano the company owns "give or take 150,000 Bitcoin," while its Q3 reserve report implies 100,060 [3]. The gap, as Decrypt frames it, is about 50,000 Bitcoin.

Security remained the dominant theme. Chainalysis reported that Binance attributed a heist it put at $6 billion to a DPRK fake-employment scheme, with attackers refining a fabricated-job playbook over dozens of attacks [5]. CoinDesk cited a figure of $6.3 billion for the same hack [7]; the amount is reported differently across the two outlets. In his first interview since the breach, Changpeng Zhao said AI is accelerating cyberattacks and called for an industry security alliance, The Block reported [10]. Separately, Decrypt reported that crypto-docs host GitBook said attackers accessed infrastructure credentials in an AI-assisted breach, prompting a shutdown and emergency token resets [13].

On regulation and tokenization, The Block reported that the SEC's Division of Corporation Finance will not recommend enforcement over Canton Coin's programmatic issuance, calling it a digital commodity [4]. Cointelegraph reported that SpaceX objected to OKXICE listing tokens tied to its shares [9]. Decrypt reported that Justin Sun asked a federal court to sanction World Liberty Financial over allegedly delayed disclosure of UAE ties [11].

With US midterms underway, Cointelegraph tracked crypto-relevant races [6] and reported that Kalshi and Polymarket priced a 75% chance of a Democratic sweep [14]. CoinDesk published an April poll on how voters view the industry [2].

In markets, Cointelegraph reported RUNE rose 15% as THORChain restarted most swaps after an outage, with three chains still paused [1]. At the 2026-11-03 close, Bitcoin traded at $77,384.58950168235, up 0.8801843211011801% over 24 hours; Ether at $2,273.6272778684292, up 1.0402159681900989%; and XRP at $1.2761459392110448, up 2.192936153908751%.