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Breaking News
Zcash Activates NU7 Upgrade, Cutting Block Time to 25 Seconds From 75
Zcash flipped the switch on NU7, bringing its target block time down from 75 seconds to 25 seconds and making transaction confirmations roughly three times faster while keeping the network's privacy features intact.
Ripple's RLUSD Leads Stablecoin Issuers With $34.7 Million in Net New Tokens in 24 Hours
Ripple's dollar-backed RLUSD stablecoin topped all issuers in the last 24 hours with $34.7 million in net new supply, outpacing both Tether and Circle.
Binance Targets Reopening of HYPE, INJ, APT, PLASMA, NEAR and LTC Withdrawals Within a Week
Binance says it is working to reopen withdrawals for Hyperliquid (HYPE), Injective (INJ), Litecoin (LTC), and three other tokens within the next week after pausing them during infrastructure upgrades.
BabyDoge Pauses Cross-Chain Bridge After Security Breach, Says BABYDOGE Token Unaffected
BabyDoge took its cross-chain bridge offline following a security breach, though the project said the BABYDOGE token itself was not affected by the attack.
What the Markets Think
Will Bitcoin reach $85,000 in November?: 56%. Zcash may have just gotten three times faster, but the crowd is betting BTC needs another $8,000 before the month ends.
Trump out as President before 2027?: 4%. After the Democratic midterm sweep, traders are pricing in a 96% chance the president survives the next 13 months despite talk of impeachment.
Will the U.S. invade Iran before 2027?: 7%. Geopolitical markets remain cold on escalation bets even as the ceasefire countdown continues.
The Big Story
Ondo Finance Brings Tokenized US and International Stocks to Jito's JTX Trading Platform on Solana
Ondo Finance has brought its tokenized US and international equities to JTX, the trading platform Jito Labs built on Solana. The integration puts traditional stocks and international equities onchain, available to traders through the same interface they use for crypto. Ondo already offers tokenized treasuries and other real-world assets, and the stock expansion marks another step in putting Wall Street products on permissionless rails. JTX, built by the team behind Jito, is a decentralized trading venue designed for high-performance execution on Solana's infrastructure.
Top Stories
Sui Foundation Buybacks Pass 1.1 Million SUI Funded by Stablecoin Yield
The Sui Foundation's buyback program has crossed the 1.1 million SUI mark, with every token purchased using yield earned from stablecoin holdings rather than direct treasury spend. The foundation holds stablecoins that generate yield from protocols like NAVI and Scallop on the Sui Network, then converts that interest into open-market SUI purchases. The approach turns passive treasury assets into continuous buy pressure without diluting the core treasury position.
PancakeSwap Launches The Flip on Robinhood Chain, Giving Liquidity Providers 88% of Swap Fees
PancakeSwap has started rolling out "The Flip," its fee restructuring that hands 88% of swap fees to liquidity providers while directing the remaining 12% to the treasury. Robinhood Chain is the first network to receive the update, with every v3 and Infinity pool on the chain now operating under the new split. The change is designed to attract deeper liquidity by improving LP economics, and PancakeSwap plans to extend it across other chains in coming weeks.
Telcoin Network Sets December Mainnet Launch With Genesis on December 2
Telcoin Network has locked in its mainnet schedule, with a code freeze on November 16, genesis on December 2, and a public launch set for mid-December. The first validators will go live at the start of the rollout, and the network is designed to support Telcoin's remittance and mobile-first payment infrastructure. The launch transitions Telcoin from running on other chains to operating its own layer-1 environment.
Deep Dive of the Week
Banks & Firms Behind Canton: Who Actually Runs This Network
Canton Network is the institutional blockchain you've heard whispers about but never seen a clean breakdown of. This deep dive walks through which banks, asset managers, and market infrastructure firms are actually running nodes, how the network's governance structure distributes control, and what separates Canton's privacy model from everything else in crypto. If you've been wondering who's behind the chain powering Canton Coin (CC) and tokenized assets from some of the largest financial institutions in the world, this is the guide.
By the Numbers
1.1 million SUI: Total tokens the Sui Foundation has bought back using stablecoin yield, converting passive treasury assets into continuous market support.
25 seconds: Zcash's new target block time after the NU7 upgrade, down from 75 seconds and delivering confirmations three times faster.
$34.7 million: Net new RLUSD stablecoin supply issued in the last 24 hours, putting Ripple ahead of Tether and Circle in 24-hour issuance.
88%: Share of swap fees going to liquidity providers on PancakeSwap's Robinhood Chain pools under "The Flip" fee restructure.
$13.67 million: Pyth Network's annual recurring revenue as of October, up 18.9% from $11.49 million in September.
December 2: Genesis date for Telcoin Network's mainnet, with the first validators launching and a public rollout following in mid-December.
On Our Radar
OlympusDAO switches to CCIP: OHM bridging has moved from LayerZero to Chainlink's Cross-Chain Interoperability Protocol after an onchain governance vote, making CCIP the protocol's sole cross-chain infrastructure provider.
Floki bot offline: Floki pulled its Telegram trading bot after discovering an exploit, with the team now investigating the breach and planning new wallets for affected users.
Delta League launches: NEAR co-founder Illia Polosukhin launched Delta League, a public contest inviting anyone to submit improvements to an open AI model, with the platform powered by NEAR AI.
DIFC Courts propose onchain oracle: Dubai's DIFC Courts published a white paper outlining the Dispute Resolution Oracle, a system designed to carry court rulings directly onto blockchains and enforce judgments onchain.
Until tomorrow.