Crypto Daily Brief — November 5, 2026

Riot Platforms reported third-quarter revenue of $181.4 million and signed a 15-year, 910 MW powered land lease with a Frontier AI Lab at its Corsicana, Texas campus. The company has sold 20,264 Bitcoin this year to fund data center development and says it does not expect to raise equity for the announced projects.

A single seller dumped 29.21 million IBIT shares in an off-exchange block trade at a 2.3% discount, while BlackRock separately moved Bitcoin to Coinbase Prime to meet redemptions. Sources agree the selling reflects investor outflows and a retreat from risk, though they differ on the scale of the BlackRock figure and the trade's motive.

The SEC's Division of Corporation Finance said in a November 3 letter it would not recommend enforcement over Canton Coin's programmatic issuance without securities registration. The relief depends on the facts Canton presented, including the network's lack of a central controlling party and the token's value being tied to network operations.

Blockchain investigator ZachXBT has named French banking group Crédit Mutuel Arkéa as the suspected victim of a crypto theft exceeding $133 million, up from an initial $106 million estimate. The bank has not publicly confirmed any theft, and exchanges including Kraken and Crypto.com have restricted related accounts or blocked linked funds.

Coinbase said Wednesday that its systems and customer funds were unaffected by the Binance hot-wallet theft, and that more than 99% of customer assets are held in cold storage. The statement follows the October 29 Binance breach, which sources put at roughly $6.34 billion, and comes as the FBI links the theft to North Korea's TraderTraitor group.