News / Archive
Stories from the past month. Subscribers see every story as it happens, and the full history.
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DescriptionNews
FinCEN ordered U.S. institutions to halt transactions with MEXC over alleged $16.7 billion illicit flows; MEXC says operations remain normal while users report some deposit holds.
News
Keplr verified recovery addresses after a Web3Auth flaw exposed private keys for social-login accounts, paused Google/Apple logins, and moved funds to recovery wallets; unaffected accounts used recovery phrases or hardware wallets.
News
NYSE will use Avalanche's ledger to settle tokenized stocks on its planned 24/7 venue, pending regulatory approval; AVAX rose about 7.5% after the announcement.
News
Wall Street fell amid renewed interest from global investors in mainland China, where affluent individuals hold $27 trillion. Citi CEO Jane Fraser will host the bank's China conference in Shanghai, featuring Anna Wintour. Franklin Templeton and ChinaAMC announced a partnership to launch co‑branded ETFs. DeepSeek AI advances and thematic ETFs draw attention, but Chinese equities have underperformed and funds like BlackRock's China Innovation Fund have closed. Regulatory concerns and capital controls add volatility, while state‑linked “National Team” funds intervene to stabilize markets.
Update
Ripple’s RLUSD stablecoin has outpaced Ethena’s USDe in weekly decentralized exchange (DEX) volume growth, with RLUSD's DEX trading volume increasing by $127.4 million over the past week. RLUSD now leads with a $56 million advantage, while USDe, with a larger market cap of $4.97 billion, saw its DEX volume grow by $71.4 million. RLUSD is issued under the supervision of the New York State Department of Financial Services (NYDFS) and backed by cash and short-term U.S. Treasuries. The partnership between Ripple and Robinhood, as well as Coinbase's inclusion of RLUSD, are highlighted as recent developments.
Update
The New York Stock Exchange (NYSE) has selected Avalanche technology to power its upcoming digital alternative trading system for securities. Avalanche’s key features will support the demand for an engine handling institutional-grade capital market volumes. NYSE, part of Intercontinental Exchange, will use Avalanche’s architecture to provide a rapid implementation for the new platform, which will support 24/7 trading of U.S. market securities.
Update
Amundi has announced a new Ethereum token representing units in its Amundi Core STOXX Europe 600 equity index fund. The announcement leaves investor access, transfer, and redemption terms unspecified. The token represents a unit in the fund, not separate shares in underlying companies. CACEIS provides the technology and infrastructure for tokenizing the fund units, and the model integrates with Amundi's existing operating model, allowing investors to access the fund through traditional channels as well. Details such as eligible investors, minimum subscriptions, fees, transfer restrictions, and redemption procedures are not specified in the announcement.
Price Prediction
Anthropic released Claude Fable 5.2 and Mythos 5.2, promising AI models capable of complex tasks such as building software and designing physical objects. Users have already tested its capabilities, with one project estimated to cost $14,710 based on pay-as-you-go pricing for developers. Another experiment simulated water-balloon physics for $91, highlighting the potential cost of using the AI model for serious work.
Funding
MARA, a company, reported a $634.4 million net profit in the third quarter and sold 13,597 Bitcoin to repay $750 million in loans, as it shifts focus to Artificial Intelligence (AI).
All Time Low
The current price of ETH is $2,127.18, down 2.5100 USD from the previous day, indicating a bearish trend and reaching an all-time low.
Event
Date From: November 10, 2024 · Date To: November 11, 2024 · Mode: Hybrid Onchain finance conference bringing institutions, investors, and builders together; livestream starts Tuesday 9:00 AM GMT with Main Stage and Investor Track, followed by Main Stage and Institutional Track on Wednesday; tickets available for in‑person attendance.
New Web Product
The first marketplace to trade Zano Aliases is now open, offering fixed-price listings, auctions, and secure escrow-backed trades for verified on-chain delivery. The platform allows users to buy, sell, and discover Zano aliases.
Company Update
Hyperliquid introduced its first layer‑2 network, Elysium, boosting throughput to about 300 million gas per second, roughly 100× HyperEVM capacity. Day one saw millions of transactions, apps like Aero, Nest, Uniswap, Ascend, fomo and Pump.fun live, and a buyback engine allocating sequencer fees to the KNTQ token. Half of fees buy back KNTQ for the Assistance Fund, a quarter go to builders, and the rest to the treasury. An upgrade expected in four weeks will enable apps to read/write HyperCore order books, expanding DeFi and spot‑trading capabilities.
News
Trump said Jensen Huang denied to him on Monday that he was aware his paramour was a spy; the story is developing and pending further updates.
News
Ethlabs weekly update, Bitmine holds 6.07 M ETH, Elysium launches Arbitrum Orbit L2, Coinbase opens federally chartered trust, Tacit Chain ZK Rollup debut, and Ankr bridge loses $300 K.
News
A vulnerability exposed Keplr wallets created via Google or Apple login, allowing attackers to drain up to $6 million, with white‑hat rescues recovering most funds.
News
Kayleen Fulton alleges wrongful termination after disclosing a cancer diagnosis and opposing a “Source Seppuku License” pledge, seeking back pay and damages.
News
Buterin argues ETH’s value lies in censorship resistance, open source, privacy, and security, cautioning against over‑emphasis on fee‑burn mechanisms amid price declines.
News
Austin Griffith launched an interactive map showing companies that receive data from Ethereum wallet usage, detailing IP addresses, transaction intents, and how services can block or shape requests.
News
Senator Elizabeth Warren plans to increase oversight of prediction markets after becoming chair of the Senate Banking Committee in January. A banking aide told Punchbowl News that Warren will use the committee’s investigative powers to address insider trading and manipulation on platforms such as Kalshi and Polymarket. The move follows a letter she and Sen. John Curtis sent to the two companies requesting information on how they prevent candidates and campaign staff from trading election contracts. The senators asked for written responses by Election Day, Nov. 3.
News
Sharplink, the Ethereum treasury, announced its third‑quarter financial results. The company reported revenue of $13.5 million for the quarter. Net income reached $751.4 million, primarily due to unrealized gains on its ETH holdings. The earnings data was reported by The Block. No other operational changes were mentioned.
Hacking News
North Korean launderers are using homemade meme coins, including one with an Elon Musk logo, to launder part of the $6.4 billion Binance hack. Fitch Ratings, a rating agency, notes that bitcoin fell only about 6% after the hack, calling this resilience. Elliptic traced the scheme on NEAR, Tron, and Solana. The launderers pay stolen funds into a liquidity pool, buy the fake token, and sell it back to clean-looking assets, hiding nothing and making the funds traceable.
Update
The network is voting to resume Base trading with a new block height of 0, as 23 active nodes are stuck on old Base heights and missing Base observations. These nodes need to update to Base-daemon 1.5.1 and check BASE in curl localhost:6040/status/scanner.
New Web Product
Telegram, led by founder Pavel Durov, announced the launch of a new self-custodial crypto wallet. The wallet, integrated into the Telegram app, allows users to receive Gram tokens and manage their funds directly. The feature was activated when users received Gram tokens, and it supports GRAM transfers and payments for gifts and collectible usernames. The wallet runs on The Open Network, which renamed itself from Toncoin to Gram in June. The network currently has over one billion monthly users and about 329,952 registrations per day, according to a dashboard shared by Durov on November 9. The wallet's active count is tracked by the Gram blockchain explorer, which requires an on-chain transaction to count as active.
News
Vitalik Buterin, the co-founder of Ethereum, faces a US lawsuit alleging the Ethereum Foundation fired a cancer patient who led a staff revolt. The lawsuit claims the Ethereum Foundation terminated the employment of a staff member who was involved in a staff revolt, which included a 'suicide pledge' that was intended to pressure the foundation to make changes. The lawsuit seeks damages and an injunction against the Ethereum Foundation.
Update
The gaming ad company Super League Enterprise has added 16 more Bitcoin to its portfolio, bringing its total to 31 BTC. This move is part of a larger strategy to prepare for a significant transaction with Metaplanet, which will contribute 2,100 BTC and $2.5 million in cash. The transaction is expected to close in the fourth quarter of 2026, allowing Super League to rebrand as Superplanet, Inc. and trade under the new ticker SUPA.
Update
Cardano is considering faster emergency shutdown rules for Leios, its proposed upgrade to process more transactions. The current constitutional draft bans the setting needed to switch Leios off. A Nov. 6 proposal from Kevin Hammond would relax notice and frequency limits for emergency deactivation, without removing the votes or enactment steps needed to change the protocol.
Update
Analysts report that Binance's $6.3 billion hack has not triggered broader crypto market contagion. Daily net outflows have fallen from $6.1 billion to $458 million, while Bitcoin declined as much as 5.7% in the five days following the attack. Bitfinex analysts suggest the November 10 CPI report could determine Bitcoin's market bottom.
Update
AI data center developers are turning to used gas turbines and retired jet engines as new power turbines take six years to deliver in the United States. This is due to a shortage of new gas turbines, high prices, pollution concerns, and permitting delays, which threaten the expansion plans of the AI industry. Some companies are buying refurbished machines, while others are converting aircraft-engine technology into generators that can run alongside their computing facilities.
News
The Dow Jones Industrial Average jumped 1,100 points while the Nasdaq rose more than 2%, driven by a rebound in technology stocks after recent volatility. The update reflects real‑time market data, with a note that figures are delayed by at least 15 minutes.