A total of 31,765,779 USDT held in a single address was frozen on November 8, Whale Alert data show. The blockchain monitoring service detected the freeze action targeting the specific wallet address. No additional details regarding the circumstances or reasons behind the freeze have been disclosed.

The cryptocurrency market recorded $615 million in total liquidations on Nov. 8, Coinglass data show. Long positions accounted for $290 million in liquidations, while short positions saw $325 million liquidated across all exchanges.

Coinbase posted a cryptic video on X on Nov. 8 captioned "It doesn't have to be this way," featuring repeated mentions of terms including Launchpool and Launches, BlockBeats reports. The video suggests the exchange may introduce a Launchpad platform, with speculation pointing to a Nov. 10 announcement.

Binance founder Changpeng Zhao will sit for a Fox television interview later today, marking his first broadcast appearance since receiving a pardon, BlockBeats reports on Nov. 8. The interview represents CZ's return to public media engagement following the conclusion of legal proceedings.

U.S. consumer confidence fell to its second-lowest level in history on Nov. 8, now below the 2008 trough, KobeissiLetter reports. Inflation expectations are deteriorating as the economy shows signs of slowing growth. The analysis indicates heightened recession risks amid weakening consumer sentiment and economic momentum.

The University of Michigan's preliminary data show the November consumer sentiment index fell to 50.3 from 53.6 in October, the lowest level since June 2022. The current conditions index dropped 6.3 points to a record low of 52.3, reflecting concerns over potential government shutdown impacts and elevated prices. Consumers expect prices to rise at an annual rate of 3.6% over the next five to ten years, while 71% of respondents anticipate unemployment will increase over the next year, more than double the proportion from a year ago.

The University of Michigan Consumer Sentiment Index fell to 50.3 in its November preliminary reading, below the forecast of 53.2 and down from October's 53.6, Jin10 reports.

Fraudulent applications impersonating Hyperliquid have surfaced on the Google Play Store, on-chain investigator ZachXBT said on Nov. 7. ZachXBT issued a warning through his channel, urging users to stay vigilant. Current app store filtering mechanisms appear insufficient to block such counterfeit applications, the investigator said.