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From decentralization concerns to exchange expansion and evolution, the headlines never stop. A new Bybit report reveals that 16 blockchains can freeze or restrict user funds, raising fresh concerns about decentralization. Meanwhile, Polymarket has partnered with Yahoo Finance, Character.AI faces backlash over a viral account deletion prompt, and Coinbase expands its global footprint with a new platform in Singapore, a high-profile hire, and filing for a corporate move from Delaware to Texas.
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News Roundup
Artificial Intelligence
Decentralized, Centralized, & Traditional Finance
Turbo Energy, Taurus, and Stellar Launch Tokenized Clean Energy Pilot in Spain (The Block)
Coinbase Ends $2 Billion BVNK Acquisition Talks Amid Stablecoin Market Shake-Up (Fortune)
Fed Officials Split Over December Rate Cut Amid Inflation, Data Gaps (WSJ)
JPMorgan Launches Deposit Token ‘JPM Coin’ for Institutional Clients (Bloomberg)
Visa Launches Stablecoin Payout Pilot for Creators and Gig Workers (The Block)
UAE Completes First Transaction in Digital Dirham CBDC Pilot (Cointelegraph)
Circle Posts $214M Profit, Eyes Native Token for Arc Network (Circle)
Japan Stablecoin Issuers Can Fill Central Bank’s Bond-Buying Gap, JPYC Says (Cointelegraph)
Sui Launches Native Stablecoin ‘USDsui,’ Issued by Stripe-Owned Bridge (Sui)
RedStone: Crypto’s Yield Gap With TradFi Narrows as Stablecoins and RWAs Surge (The Block)
Centrifuge Launches ‘Whitelabel’ Tokenization Platform, Debuts With Energy Network Daylight (CoinDesk)
Cardano Teams With Wirex to Launch Visa-Backed Crypto Debit Card (DL News)
Hyperliquid Pauses Deposits, Withdrawals After Suspected POPCAT Manipulation (The Block)
Exchanges
Coinbase Launches Business Platform in Singapore for Startups and SMBs (Tech in Asia)
Coinbase Hires Ex-Goldman Partner Liz Martin to Lead Markets Division (The Block)
Coinbase Files to Move Corporate Registration From Delaware to Texas (Paul Grewal)
Exchange-Traded Funds
Bitwise Chainlink ETF Added to DTCC Eligibility List (DTCC)
On Nov. 11, U.S. Ethereum spot ETFs recorded $107 million in net outflows.
U.S. Bitcoin spot ETFs saw $524 million in net inflows on Nov. 11.
On Nov. 11, U.S. Solana spot ETFs posted $7.98 million in net inflows.
Infrastructure
Injective Activates Native EVM on Cosmos Chain, Advancing MultiVM Vision (The Block)
Ethereum Faces First Major Validator Exit Since Proof-of-Stake Transition (The Defiant)
Bybit Report Reveals 16 Blockchains Can Freeze or Restrict User Funds (Bybit)
Sonic Labs CEO Unveils Token-Focused Growth Strategy (Mitchell Demeter)
The Tie Launches Bridge, a Compliant Crypto Messaging Platform for Institutions (Cointelegraph)
Franklin Templeton Expands Benji Tokenization Platform to Canton Network (Decrypt)
Markets
Ideosphere Turns Crypto Speculation Into Science Funding Through Prediction Markets (Cointelegraph)
Polymarket Becomes Yahoo Finance’s Exclusive Prediction Market Partner (Polymarket)
ZCash Shielded Pool Grows to 23% of Supply as Privacy Adoption Accelerates (The Block)
Ethereum’s $200B Tokenized Asset Base Strengthens Bullish Outlook for ETH (Cointelegraph)
‘Moonvember’ May Stall as Macro Uncertainty Points to Bitcoin Consolidation (Cointelegraph)
UNI Soars 70% on 100M Token Burn Proposal, Whale Activity Spikes (Santiment)
Bitcoin Traders Brace for U.S. Inflation Data That Could Drive Next Market Move (Decrypt)
Ethereum Whales Buy $350M in ETH Amid Market Dip and Macro Uncertainty (Decrypt)
Crypto Rebound Seen as Short-Lived Amid Macro Risks, Says QCP (Decrypt)
Bitcoin Drops to $101K as Stocks and Gold Rally Ahead of Shutdown Vote (Cointelegraph)
Solana Active Addresses Hit 12-Month Low as Memecoin Mania Fades (The Block)
Mining
Politics & Regulation
Pro-XRP Lawyer John Deaton Launches New Massachusetts Senate Bid (Decrypt)
Trump’s New CFTC Nominee Michael Selig to Face Senate Hearing (Cointelegraph)
a16z Crypto Urges Treasury to Embrace Privacy Tech in GENIUS Act Rules (Michelle Korver)
Kraken Co-CEO Blasts UK Crypto Rules as Overly Restrictive (Cointelegraph)
A16z Urges Treasury to Exempt Decentralized Stablecoins From GENIUS Act (The Block)
Hong Kong Emerges as China’s Web3 Policy Hub Amid Shifting Mainland Stance (Wu Blockchain)
Moscow Official Urges Tougher Crypto Rules as Russian Usage Surges (DL News)
SEC Chair Atkins Says Most Crypto Tokens Aren’t Securities, Backs “Super-App” Trading (Decrypt)
SEC’s Atkins Proposes New ‘Token Taxonomy’ to Redefine Crypto Oversight (The Block)
DOJ Launches ‘Strike Force’ to Target China-Linked Crypto Scam Networks (Decrypt)
EU Targets Pooled Order Books as Regulators Push for Stricter MiCA Controls (CoinDesk)
Token Generation Events
Single Entity Allegedly Captures 60% of aPriori Airdrop via 14,000 Wallets (Bubblemaps)
Treasuries & Reserves
VCI Global Launches $100M Crypto Treasury Initiative, Invests in Tether-Backed OOBIT (Cointelegraph)
Upexi Posts Record Quarter on $78M Unrealized Solana Gains (The Block)
Corporate Bitcoin Buying Slows, but Total Holdings Hit Record $444B (Decrypt)
Taiwan to Explore Bitcoin Reserves and Pilot BTC Treasury Holdings (Bitcoin Magazine)
Winklevoss-Backed Cypherpunk Aims to Amass 5% of Zcash With $59M Treasury Seed (The Block)
Strategy Briefly Trades Below Value of Its 641,692 BTC Holdings (Coinglass)
Venture Capital
Seismic Raises $10M from a16z to Expand Privacy Infrastructure for Fintechs (The Block)
Other News
Nobody Sausage Takes Its 33 Million Fans Into Web3—Without Saying “Crypto” (Decrypt)
How to Gift Bitcoin in 2025 Without Drawing the IRS’s Attention (Cointelegraph)
Bitcoin User Accidentally Pays $105,000 Fee to Send Just $10 (Decrypt)
Three Years After FTX Collapse, Creditors Still Wait as Crypto Rebuilds Trust (Cointelegraph)
Arthur Hayes Urges Zcash Holders to Withdraw From Exchanges and ‘Shield’ Assets (Cointelegraph)
Zcash Foundation Revamps Leadership Amid 1,000% ZEC Price Surge (DL News)
Check This Out!
The chart shows that Bitcoin balances on exchanges have fallen to a new all-time low, indicating that more BTC is being moved off exchanges. This ongoing decline suggests strong long-term holding behavior among investors.
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