The BSCN Debrief David Schwartz, who recently stepped down as Ripple's chief technology officer, revealed he has divested most of his cryptocurrency portfolio. His XRP position decreased from approximately 26 million tokens to 3 million, Bitcoin from 1,500 to 1, and Ethereum from 40,000 to 6. He attributed the drawdown to low risk tolerance and a plan he made with his wife in 2012.
The Bank of Russia says domestic exchanges can begin crypto trading as soon as November 22, provided they secure approval of their internal trading rules. Platforms must register participants like brokers and trustees, track all orders and transactions, and report data to the central bank using standards comparable to traditional financial markets.
President Donald Trump maintains his desire to purchase Bitcoin for a U.S. Strategic Bitcoin Reserve, according to Patrick Witt, who served as executive director of the White House crypto council until October. Speaking on a podcast November 9, Witt outlined potential acquisition methods including repricing federal gold reserves and converting other government digital assets, but said all approaches require legal approval and depend on Treasury Secretary Scott Bessent.
OKX and ICE open 24/7 tokenized securities trading on November 23, Telegram adds 700,000 wallets in 48 hours, and David Schwartz says he sold most of his XRP. Here's what mattered.
Blockchain analytics firm Arkham Intelligence attributes roughly 3% of the PEPE memecoin supply to wallets connected to Tron founder Justin Sun. Two large transfers in October moved nearly 12 trillion tokens from Poloniex into these wallets, worth about $28 million and more combined. Sun has not publicly confirmed ownership of the holdings.
Moody's Ratings finished a pilot program with Chainlink that sent credit ratings to several blockchains at once through the Cross-Chain Interoperability Protocol. The test used Moody's Token Integration Engine to push ratings data across both permissioned and permissionless networks in one operation. The trial ran on testnet with sample data only, not live ratings.
Speakers from BlackRock, Coinbase and Chainlink discussed payment requirements for autonomous AI agents at BlackRock's Aladdin Client Forum. BlackRock digital assets head Will Su presented research treating artificial intelligence as the intelligence layer and cryptocurrency as the payment layer of an emerging machine economy. The firm argues that stablecoins handle small, continuous transactions better than traditional banks or card networks.
Institutional investors including Bullish Capital and 21Shares are staking Bitcoin through the Stacks network, with three bond offerings selling out since September 2026 and approximately 1,740 BTC now staked. The process requires participants to lock up STX tokens worth around 5 percent of their Bitcoin value for six month terms, creating direct demand for the token.
BlackRock sent 72,212 Ethereum tokens worth approximately $151.4 million to Coinbase Prime through four separate transactions on November 10, according to blockchain tracking firm Arkham Intelligence. The transfers bring the asset manager's total Ethereum movements since October 1 to 791,758 tokens valued at nearly $1.74 billion.
Telegram founder Pavel Durov said the platform will allow programs smaller than 4 kilobytes to run automatically within message bubbles in chats and channels. The system uses the TON blockchain and would let developers place decentralized applications and cryptocurrency payment functions directly into conversations. Users could send GRAM tokens and stablecoins without opening separate windows or downloading software.
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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.
The BSCN Debrief: a daily newsletter from BSC News, recapping the most important crypto stories of the past 24 hours, plus quick briefs on the day's top articles.
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