Marc Asch, founder of Hidden Road and head of Ripple Prime, is stepping down at year-end, with senior vice president Noel Kimmel named to take over the institutional prime brokerage Ripple acquired for $1.25 billion in 2025. The change comes as Ripple Prime expands its 24/7 business, most recently launching around-the-clock institutional stock trading with RLUSD as collateral. No details were disclosed on Asch's next move or Kimmel's start date.
Binance has issued an alert warning iPhone users about a reported iOS vulnerability dubbed "worse_query" that could expose crypto wallet seed phrases and private keys. The exchange advises users to delete apps from untrusted sources and, if compromised, move funds to a new wallet on a clean device.
No details were disclosed on who reported the flaw, which iOS versions are affected, or which wallets are at risk.
The CFTC's first-time clearance of perpetual futures on individual stocks — "equity perps" — now faces a court test in the Southern District of New York, with Coinbase, Kalshi, Kraken parent Payward, DRW, Jump Trading and Paradigm filing in support of the agency. The Capital Markets Alliance — backed by Cboe, Citadel Securities and the Healthy Markets Association — is suing to block the policy, arguing single-stock perps are securities-based swaps that belong under SEC jurisdiction and that the CFTC violated the Administrative Procedure Act by reversing an earlier stance without explanation.
The XRP Ledger Foundation has published a design for quantum-resistant accounts that would let owners add a quantum-safe key and switch off the old, vulnerable signing key instead of migrating balances wholesale — aimed at protecting accounts from a future quantum computer capable of deriving private keys from exposed public keys. The plan is part of a roadmap the foundation says puts the network on track for a full transition by 2028, with no extra fees for users. No implementation or activation timeline was disclosed beyond the 2028 transition target.
Walt, the crypto platform formerly known as Wallet in Telegram, is launching a standalone app that lets users sign up with Google or Apple credentials — no Telegram account required, for the first time. The app will offer crypto trading, tokenized U.S. stocks and ETFs, yield products, and perpetual futures on crypto, metals and energy, all already available through Walt inside Telegram.
Walt rebranded in September when Telegram's own wallet replaced it in the messaging app's settings, though it remains available through its Telegram bot. Chief product officer Egor Danilov says the standalone app will get new trading tools and asset classes first, with crypto payment cards planned for later. Walt reports tens of millions of registered users but declined to disclose active-user figures, trading volumes or customer assets. Existing users can access both versions through the same account, and access to some investment products will vary by region.
Robinhood confirmed it will not block tokenized versions of its shares trading on OKX–ICE's OKXICE venue, joining Securitize and BitGo as one of only three of the 62 originally proposed companies to publicly support it. A spokesperson said, "We think tokenization is the future of financial markets. We would rather be part of building it than sit on the sidelines."
The decision clarifies a starting lineup that has narrowed sharply: 56 of the 62 companies in the venue's initial selection — about 90% — have objected to third-party tokenization, including Apple and Meta. The six firms without a disclosed objection in the Nov. 5 filing are all crypto-linked: Robinhood, Securitize, BitGo, Circle, Coinbase and Strategy.
OKXICE plans 24/7, stablecoin-settled trading of tokenized U.S. stocks under the SEC's five-year Innovation Exemption, which gives issuers 30 days to reject a listing. Rival TSV on the Canton Network went live this week with an issuer-sponsored listing. No OKXICE launch timing has been set.
An Ethereum wallet that received its first ether in the network's July 2015 genesis block made its first-ever outgoing transfer, and scammers pounced within minutes. After a 0.05 ETH test payment at 22:04 UTC, bots monitoring the chain for dormant whale wallets triggered a barrage of dust transfers from two lookalike addresses designed to trick the owner into copying a fraudulent recipient from the wallet's history — a tactic known as address poisoning.
The owner avoided the trap and, 38 minutes after the test, sent 2,154.94 ETH (~$4.6 million) to the correct address, which now holds about 2,155 ETH. Etherscan tags the scammers' funded accounts as "Fake_Phishing." Address poisoning has become a volume business on Ethereum — Citi warned in January that the spam was inflating the network's record transaction counts.
MARA Holdings sold 13,597 BTC for about $1.1 billion (~$81,039 per coin) in the six weeks after September — roughly 40% of the 34,012 bitcoin it held at quarter-end — and said it will keep selling to raise cash for AI infrastructure, debt repayments and potential share buybacks.
Securitize (SECZ) agreed to acquire River One, a New York-based institutional financing firm, to break into the $6 trillion asset-backed finance market. The deal adds warehouse-financing capabilities — letting firms borrow against pools of loans or other assets before they are sold or refinanced — and is expected to close in the fourth quarter; financial terms were not disclosed. River One was incubated by Framework Ventures and backed by Maple Finance.
Announced alongside Q3 earnings, the acquisition comes as Securitize reported $18.6 million in revenue, up 13% year over year, and a $66.3 million net loss, about $60 million of it largely non-cash charges tied to its public listing. Average tokenized assets on its platform rose 39% to $5 billion, with transaction volume up 20% to $4.3 billion.
Ondo Finance says it will tokenize Anthropic's IPO on day one, making the AI company's shares available through its Ondo Stocks platform when public trading begins. Ondo's Matthieu de Vergnes says investors anywhere with a wallet and an internet connection will get access, as they did with SpaceX.
The offering targets non-U.S. investors — Ondo Stocks is not available to U.S. persons. Reports describe the product as share-backed notes rather than the unbacked synthetic Anthropic contracts already trading on Hyperliquid via Trade.xyz. No launch mechanics, fees or listing date were disclosed, and Anthropic's IPO date has not been finalized.
Hong Kong-based crypto exchange CoinEx is closing after nine years, citing security and compliance risks, with users given until December 22 to withdraw funds.
Binance disconnects miners at 07:00 UTC on Nov. 10, 2026, ending its mining pool's block-reward services, cloud mining, pool savings and transaction accelerator — a service launched in April 2020 whose hashrate had fallen about 65% over the prior year.
The OCC elevated Coinbase's trust status from conditional to a full-fledged national trust charter, giving the largest U.S. crypto exchange federal trust authority for its custody business.
Zcash's NU7 upgrade went live on mainnet at block 3,543,405, cutting the target block time from 75 to 25 seconds, reducing wallet scanning work for private payments, and retiring the Sprout privacy pool.
Zcash activated its NU7 upgrade on mainnet, cutting the target block time from 75 seconds to 25 seconds so shielded payments confirm up to three times faster. The upgrade also redirects 60% of transaction fees to a reserve for future mining rewards and retires the Sprout privacy pool.
The CFTC deemed perpetual futures on individual stocks approved under existing security futures rules, letting equity perps trade on dually-registered U.S. exchanges for the first time under joint CFTC-SEC oversight.
Anthropic, the AI lab behind Claude, has filed paperwork for an initial public offering.
Tokenization firm tZERO agreed to merge with blank-check company FG Imperii Acquisition Corp. in a deal valuing it at $350 million, with plans to list on NYSE American under TZRO in early 2027.
Binance was drained of approximately $5.9 billion in crypto — the largest exchange hack on record — with roughly $3 billion frozen so far; the drained wallets backed customer balances, leaving ether reserves about 6% short until replaced.
Binance was hit by the largest crypto exchange hack on record — Chainalysis estimates about $5.9 billion stolen, with North Korea's Lazarus Group suspected. Binance said user funds are safe and it will cover all losses, with roughly $3 billion frozen.
Binance, the world's largest crypto exchange, was hacked for approximately $5.9 billion — the largest crypto exchange theft on record — with blockchain sleuths pointing to North Korea's Lazarus Group. The exchange pledged to cover all customer losses.
The FBI attributed the record $6.3 billion theft from Binance to North Korea's TraderTraitor/Lazarus subgroup; Binance reopened withdrawals on Nov. 1 after a 45-hour freeze and replenished about 95% of the stolen assets.
North Korea-linked attackers compromised Binance's hot-wallet signing infrastructure; the exchange absorbed the losses, froze withdrawals for 45 hours and reopened on Nov. 1.
North Korea-linked attackers stole $6.4 billion from Binance's hot wallets in the largest cryptocurrency heist in history; the FBI attributed it to TraderTraitor, and Binance traced the breach to a months-long compromise that began with a fake job interview.
The FBI attributed the $6.4 billion theft from Binance — the largest cryptocurrency exploit in history — to North Korea's TraderTraitor unit; Binance absorbed the losses and North Korea denied involvement.
The FBI linked the largest crypto theft in history — over $6 billion stolen from Binance on Oct. 29 — to North Korea's TraderTraitor group, a subunit of Lazarus; Pyongyang denied involvement after the attribution.
North Korea's TraderTraitor group stole a record $6.3 billion from Binance on Oct. 29, 2026, triggering a 45-hour withdrawal freeze; Binance absorbed the losses and reopened withdrawals Nov. 1.
North Korea's TraderTraitor group (a Lazarus Group subunit) stole $6.3 billion from Binance, the largest crypto theft on record; the exchange froze withdrawals for 45 hours and reopened them on Nov. 1.
Attackers drained an estimated $6.3 billion from Binance hot wallets across multiple blockchains in about 20 minutes, the largest crypto exchange hack on record; Binance set aside over $6.34 billion to restore customer balances and linked the attack to North Korea's Lazarus Group.
Attackers drained an estimated $6.3 billion from Binance hot wallets across multiple blockchains; the exchange set aside over $6.34 billion to restore customer balances and analysts linked the attack to North Korea's Lazarus Group.
Attackers drained an estimated $6.3 billion from Binance's hot wallets across multiple blockchains in about 20 minutes — the largest cryptocurrency exchange theft on record — later linked with high confidence to North Korea's Lazarus Group. Binance pledged $6.34 billion of its own funds to restore customer balances.
Approximately $5.7 billion was drained from a Binance wallet into a newly created account; Arkham Intelligence data shows the suspected hacker's wallet holding more than $5.7 billion. Tether and Circle froze roughly $1.8 billion in stablecoins tied to the outflow.
Binance lost an estimated $5.7 billion in a hack, the largest exchange theft on record; CZ said user funds would be covered, and Tether and Circle froze roughly $1.8 billion in stablecoins tied to the outflow.
On-chain data showed more than $2 billion in crypto leaving Binance hot wallets to a new external account; Binance confirmed it was investigating and CZ said users would be fully covered, as Tether and Circle froze about $1.8 billion.
DTCC went live with its Tokenization Service on the Canton Network and its private Besu blockchain, backing 34 securities representing roughly $30 trillion in market value across large-cap stocks, ETFs and U.S. Treasuries.
Janus Henderson and Centrifuge launched JQQQ on Stellar, the first issuer-sponsored, blockchain-native fund tracking the Nasdaq-100 Index, expanding Janus Henderson's onchain platform past $1 billion in assets.
The U.S. Office of the Comptroller of the Currency gave final approval to Ripple National Trust Bank (RNTB), clearing Ripple to operate its own national trust bank.
Elon Musk confirmed SpaceX has raised $40 billion in callable debt to fund GPU purchases, while warning that debt markets are shutting off smaller 'neocloud' AI computing providers.
HSBC rolled out its Hong Kong dollar-backed RedCoin stablecoin to 3.3 million PayMe users in Hong Kong, the first retail stablecoin launch under the city's Stablecoins Ordinance.
The OCC published the first final rule implementing the GENIUS Act, establishing how U.S. dollar stablecoin issuers operate, including case-by-case review of third-party rewards programs, effective January 18.
Solana set October 21 for its Alpenglow mainnet upgrade, which targets cutting transaction finality to about 150ms by replacing the validator voting system with certificate-based consensus.
Solana replaced its validator voting system with certificate-based consensus (Votor), cutting transaction finality from about 12.8 seconds to roughly 150 milliseconds in its biggest network overhaul since 2020.
The OCC became the first federal banking regulator to finalize rules under the GENIUS Act, covering stablecoin issuance, custody and issuer-exchange relationships, effective January 18, 2027.
Switzerland's financial regulator approved the country's first spot bitcoin fund open to retail investors, allowing direct bitcoin investment under Swiss fund rules with strict risk-disclosure and custody requirements.
Visa moved its stablecoin cross-border payment pilots into commercial deployment on Visa Direct, with Inyo Global as the first enabler letting businesses prefund global payouts with USDC in near real time across 180+ countries.
Turkish authorities detained Richard Heart (Richard James Schueler), founder of HEX and PulseChain, in Istanbul on an Interpol Red Notice. He faces charges of international crypto fraud, tax fraud and assault, per local media.
Polygon Labs completed its acquisition of Coinme, gaining U.S. money-transmission licenses covering 48 states as it moves into regulated stablecoin payments under its Open Money Stack.
Kraken parent Payward agreed to buy Lithuania's Saldo Bank, becoming the first digital-asset company to acquire a bank in Europe and gaining an EU license for deposits and lending.
Blur said it will close its website on Nov. 12 after monthly trading volume fell more than 99.5% from its 2023 peak, following sister project Blast's shutdown announcement ten days earlier.
Hester Peirce, the SEC commissioner nicknamed "Crypto Mom" and the agency's most crypto-friendly voice since 2017, leaves the commission on Oct. 2, 2026.
Blast, the Ethereum layer-2 that once held over $2 billion in assets, announced it is shutting down after activity collapsed and operating costs exceeded revenue.
S&P Global acquired OpenZeppelin, the smart-contract security firm whose code underpins major stablecoins and tokenized funds, extending the data giant's reach into blockchain security infrastructure.
Open USD (OUSD), backed by Mastercard, Visa, Stripe and Coinbase, went live as an Open Standard token targeting payments, banking, settlement and institutional trading, with around $1 billion in launch liquidity.
Blockchain.com confidentially filed for an IPO with the SEC and plans to raise about $500 million at a valuation of up to $6 billion.
Attackers drained roughly $352 million from Bitget hot and warm wallets by compromising a wallet backend and spoofing transaction data. CEO Gracy Chen said user funds are safe and withdrawals were temporarily suspended.
The perennial-futures pioneer, co-founded by Arthur Hayes, stopped trading and deposits while leaving withdrawals open during its wind-down.
BitMEX, the exchange that invented crypto perpetual swaps, ended trading and deposits on September 23, 2026, after 11 years of operations. Users can still withdraw funds during the wind-down.
Unauthorized transfers drained an estimated $351.6 million from some of Bitget's hot and warm wallets; withdrawals were temporarily suspended while cold wallets remained secure.
Lloyds, NatWest, Barclays and HSBC completed the first interbank transactions using tokenized deposits under UK Finance's Great British Tokenised Deposit initiative, covering mortgage and person-to-person payment use cases.
SoFi Bank migrated its $25 billion card program to settle transactions in SoFiUSD, the first stablecoin issued by a nationally chartered U.S. bank, across Mastercard's global payments network.
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