The BSCN Debrief Ripple's RLUSD stablecoin added $128.6 million in new supply during a 24-hour period, pushing total circulation above $2.5 billion. The token launched in December 2024 and is issued on both the XRP Ledger and Ethereum without bridging between networks.
Changpeng Zhao has requested that the United States and China use diplomatic means to engage North Korea over the recovery of stolen cryptocurrency. The former Binance chief executive said he has not been in private contact with President Trump or other US officials about the matter. Zhao believes government intervention offers the best chance to retrieve the missing assets.
Binance began allowing withdrawals for additional cryptocurrencies on November 3 starting at 04:00 UTC. The second phase covers assets like Bitcoin, Ethereum, XRP, Solana, Dogecoin, Chainlink, Cardano, Litecoin and Shiba Inu across nine blockchain networks. The rollout is gradual as the exchange completes security reviews for each asset.
Changpeng Zhao announced on November 2 that Binance has set aside all funds necessary to cover the $6.3 billion taken in last week's security breach. The exchange replaced roughly 95 percent of stolen assets using its SAFU reserve, futures insurance fund and corporate treasury. The remaining 5 percent involves acquiring illiquid tokens through market purchases, which Zhao said takes additional time.
Cross River Bank tokenizes commercial loans on Arbitrum, BlackRock moves $702 million to Coinbase Prime, and only 27% of K Street expects CLARITY Act passage before 2028. Here's what mattered.
NEAR Protocol's House of Stake governance body has voted to reduce the maximum annual token issuance from 2.5% to 1.6%. The change will roll out gradually over two years following a 90-day waiting period. The proposal still requires Security Council review and validator adoption before implementation.
Ethena's ENA token fell to approximately $0.17 on Monday, declining over 6% in one day and roughly 18% across the past week. The drop came as attackers from the October 29 Binance security incident sold 217.5 million ENA tokens for $33.93 million, converting them to Ether at around $0.16 per token. The stolen coins were among seven altcoins swapped for a total of 70,480 ETH.
Ondo Finance has introduced MAG7X, a tokenized index that packages the seven biggest US technology firms together with BlackRock's Bitcoin and Ethereum exchange-traded funds. The product trades continuously on Ethereum, BNB Chain and Solana, letting holders gain exposure to both equity and cryptocurrency markets through a single blockchain asset.
Chainlink has introduced a new data service that provides continuous pricing for tokenized stocks and commodities during weekends and holidays, filling gaps when traditional markets close. The service blends regular market prices with quotes from perpetual futures venues to create a single price stream. Aave is the first partner, using these feeds to value collateral on its Horizon institutional lending platform.
Hyperliquid's HYPE token and Pepe rose over the past week while most crypto assets fell. Reports placed HYPE's weekly increase between 14% and 17%, with PEPE up roughly 5% to 15% depending on the tracker and timeframe used. The gains stood out against a backdrop of falling prices triggered by a major exchange hack that led to widespread liquidations.
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Strategy, BlackRock, and Fidelity pledge $15M to secure Bitcoin's codebase, the EU targets 14 crypto exchanges in its 21st Russia sanctions package, and Circle floods Solana with fresh stablecoin liquidity. Here's the week.
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