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Microsoft Says Global Outage Is Resolved, No Cyberattack Detected

Microsoft has said it fully restored Microsoft 365 services following a global outage that left users unable to access Outlook, Teams, and other connected applications for more than 24 hours. The company emphasized that the disruption was caused by a technical problem rather than a cyberattack. According to Microsoft’s Microsoft 365 Status account, service was restored to “remaining impacted customers and regions,” and customers were directed to incident MO1550821 in the Microsoft 365 admin center for details. Key takeaways Microsoft reports that the outage is resolved and restoration continued in stages, with stability checks between steps. The company attributes the disruption to issues tied to an earlier network capacity upgrade and a subsequent network change, not to malicious activity. The outage began Thursday and affected core Microsoft 365 workloads including Exchange Online mailbox access and functionality linked to Outlook and Teams. Integrations used by AI assistants...
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Microsoft Says Global Outage Is Resolved, No Cyberattack Found

Microsoft has moved to full recovery after a widespread disruption to Microsoft 365 that knocked services offline for more than a day, impacting common productivity tools including Outlook and Teams. The company emphasized that the incident was technical in nature and not linked to a cyberattack. In updates shared via the Microsoft 365 status channel, the firm said service restoration continued in stages, with remaining affected customers and regions brought back online and routed to the relevant incident details in the Microsoft 365 admin center under MO1550821. Key takeaways Microsoft reported that Microsoft 365 service disruptions were restored progressively after more than 24 hours of outages. The company traced the outage to an issue introduced during an earlier network capacity upgrade and triggered after a subsequent network change. Microsoft said the disruption was not caused by cyber activity or AI/agent-related systems. Third-party platform status pages indicate that ...
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Nakamoto Stock Drops 6% Premarket as Q3 Revenue Turns Negative

Nasdaq-listed Bitcoin treasury company Nakamoto Holdings (NAKA) saw its shares fall in premarket trading after it reported a third-quarter operating revenue loss tied to results from Bitcoin options. The company also amended key terms of a $60 million loan backed by Bitcoin held with crypto exchange Kraken, pushing part of the repayment timeline into 2027. Shares were quoted at $5.40 at 12:02 pm UTC on Friday, according to Yahoo Finance, representing a roughly 62% decline year to date. The move came after Nakamoto posted its quarterly results in an SEC filing following Thursday’s market close, a period in which option-related losses weighed heavily on operating figures. Key takeaways Nakamoto reported third-quarter operating revenue of negative $1.9 million, driven by a $5.8 million net loss on Bitcoin options. The company’s adjusted operating loss for the quarter was $15.8 million, excluding a $110.4 million gain from revaluing digital assets. Nakamoto extended the repayment dea...
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MegaETH Parent Cuts 20% of Staff as Restructuring and AI Rollout Continue

MEGA, the organization behind Ethereum layer-2 network MegaETH, has reportedly cut its workforce by 20% as it completes a restructuring and pivots toward artificial intelligence product development. The move affects teams that supported the blockchain, wallet, ecosystem services, and communications, according to a statement from MegaETH co-founder Shuyao Kong. While Kong did not provide headcount numbers or the timing of the departures, she emphasized that MEGA’s founders, early employees, and core engineering personnel remain committed to the company. The layoffs come alongside MEGA’s stated investment into AI-related services built on the MegaETH network, including a planned public inference market. Key takeaways MEGA behind MegaETH reduced staff by 20% after reorganizing teams, affecting blockchain, wallet, ecosystem support, and communications roles. MEGA did not disclose how many employees left or when the layoffs occurred. MEGA has committed $30 million to AI-focused initia...
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MegaETH’s Parent Cuts 20% of Staff as Restructuring, AI Plans Expand

MEGA, the organization behind Ethereum layer-2 network MegaETH, has cut its workforce by 20% after months of internal restructuring, according to statements from MegaETH co-founder Shuyao Kong. The changes reportedly affected employees across multiple functions, including blockchain development, wallet work, ecosystem support, and communications, though Kong did not provide headcount figures or the specific timing of the reductions. While the layoffs do not appear to have been framed as tied to a single trigger, Kong said the company has reorganized its teams to bring in new capabilities as it shifts toward product development—particularly artificial intelligence services—on the MegaETH network. MEGA has also reportedly committed $30 million toward that initiative, according to its own communications, but Kong did not explicitly connect the staffing changes to the funding. Key takeaways MEGA (MegaETH) reduced staff by 20% following restructuring, with departures spanning blockchain, ...
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Bitcoin ETFs Lose $2.35B in Two Weeks as BlackRock Drops for 11 Sessions

Spot Bitcoin exchange-traded funds (ETFs) continued to lose investor capital, logging net outflows of $2.35 billion across two straight weeks. Redemptions were concentrated in the final trading days of the period, with more than $1 billion pulled from the funds each week and Friday alone seeing $185.4 million in net withdrawals. According to Farside Investors data, spot Bitcoin ETFs fell by $1.07 billion between Nov. 9 and Nov. 13, after the previous week delivered $1.28 billion in outflows—at the time the largest weekly redemptions since late June. Friday’s figures were still meaningful: $185.4 million in net outflows, down from $284.1 million on Thursday and $299.8 million on Wednesday. Key takeaways Spot Bitcoin ETFs recorded $2.35 billion in total net outflows over two consecutive weeks, driven by weekly redemptions of more than $1 billion. Farside Investors data shows $1.07 billion in outflows from Nov. 9–Nov. 13, following $1.28 billion in the prior week. Friday’s net outf...
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OKX Europe Raises Fast Redemption Limits for VIP Liquid Staking Users

OKX Europe announced on November 13 that it is increasing daily fast redemption limits for VIP holders of BETH and OKSOL, its liquid staking tokens for ether and solana. The amount available at the time of redemption depends on liquidity and how much of the daily limit the user has already used. The exchange listed daily limits of 5 BETH and 240 OKSOL for regular users. VIP 1 users can redeem up to 10 BETH and 500 OKSOL, while VIP 2 limits are 20 BETH and 800 OKSOL. The limits for VIP 3 and higher are 30 BETH and 1,000 OKSOL. OKX Europe tracks the two limits separately and resets them daily. The main account and its subaccounts share the applicable limit. The platform displays the available fast redemption amount and the estimated processing time before the user proceeds. Source: OKX Europe’s official announcement . https://www.cryptobreaking.com/okx-europe-liquid-staking-redemption/?utm_source=blogger%20&utm_medium=social_auto&utm_campaign=OKX%20Europe%20Raises%20Fast%20Redem...
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