#arc - the daily grind

BREAKING

Nov 5Circle Says Revenue Grew 17%. Take Out the $182M It Made Selling Its Own Token and Revenue Shrank. It's Also Cutting 5% of Staff●Nov 4$133M Just Walked Out Through Kraken, Crypto.com and OKX. Nobody Has Admitted Being Robbed, and ZachXBT Thinks a European Institution Is Covering It Up●Nov 3Mercado Bitcoin Says There Was 'No Loss to Customers'. The Attacker Still Reached 27,160 Customer Deposit Addresses and Walked Off With About $46M●Nov 2A 10 ETH Bug Did What the FBI Asked For. THORChain Accidentally Locked North Korea Out of Its Favorite Laundering Route●Nov 1The FBI Asked Crypto to Block 600+ Addresses Tied to the Binance Hack. Chainalysis Says North Korea Is Already Using Thousands●Oct 31Binance Blamed One Laptop. A Day Later It Found 'Additional Points of Breach', and the Hacker Had Been Rehearsing for 36 Hours●Oct 30Binance Says 'No Wallet Private Key Leak.' It Didn't Need One: A DevOps Engineer's Laptop Moved $6.3 Billion●Oct 29Datavault AI Sold $150M of Stock for Bitcoin. It's Been Trying to Withdraw That Bitcoin Since June. Now It Says the Bitcoin Was Never an Asset●Oct 28Robinhood Made $173M From Bets Last Quarter and $120M From Crypto. The Same Day, Washington Sued a 10th State to Keep the Bets Legal●Oct 27Bloom Says 'No Private Keys Were Compromised.' Every One of the Drains Was Signed With the Wallet's Own Key, and It Took 94 Seconds●Nov 5Circle Says Revenue Grew 17%. Take Out the $182M It Made Selling Its Own Token and Revenue Shrank. It's Also Cutting 5% of Staff●Nov 4$133M Just Walked Out Through Kraken, Crypto.com and OKX. Nobody Has Admitted Being Robbed, and ZachXBT Thinks a European Institution Is Covering It Up●Nov 3Mercado Bitcoin Says There Was 'No Loss to Customers'. The Attacker Still Reached 27,160 Customer Deposit Addresses and Walked Off With About $46M●Nov 2A 10 ETH Bug Did What the FBI Asked For. THORChain Accidentally Locked North Korea Out of Its Favorite Laundering Route●Nov 1The FBI Asked Crypto to Block 600+ Addresses Tied to the Binance Hack. Chainalysis Says North Korea Is Already Using Thousands●Oct 31Binance Blamed One Laptop. A Day Later It Found 'Additional Points of Breach', and the Hacker Had Been Rehearsing for 36 Hours●Oct 30Binance Says 'No Wallet Private Key Leak.' It Didn't Need One: A DevOps Engineer's Laptop Moved $6.3 Billion●Oct 29Datavault AI Sold $150M of Stock for Bitcoin. It's Been Trying to Withdraw That Bitcoin Since June. Now It Says the Bitcoin Was Never an Asset●Oct 28Robinhood Made $173M From Bets Last Quarter and $120M From Crypto. The Same Day, Washington Sued a 10th State to Keep the Bets Legal●Oct 27Bloom Says 'No Private Keys Were Compromised.' Every One of the Drains Was Signed With the Wallet's Own Key, and It Took 94 Seconds●

BTC -- --%

ETH -- --%

Fear & Greed F&G 50 Neutral

#arc

1 post

Circle Says Revenue Grew 17%. Take Out the $182M It Made Selling Its Own Token and Revenue Shrank. It's Also Cutting 5% of Staff

Nov 5, 2026 · 5 min read

Circle's Q3 headline was $865M in revenue, up 17% year over year. $182M of that came from a one-off presale of ARC, the token for Circle's own blockchain. Without it, revenue fell about 8%, reserve income dropped 8%, USDC supply was flat year over year and USDC's market share slipped to 27%. Circle is also cutting about 5% of its workforce, and its own release mentions possible repayment if Arc misses launch milestones.