
Good afternoon,
Innovation and volatility continue to shape the AI and crypto landscape. OpenAI has launched GPT-5.1 with improved reasoning and more natural conversation, while Vitalik Buterin says DeFi has entered a new era of safety and everyday utility. Meanwhile, Bitcoin has slipped below $100K as liquidations surpass $500M, and France has lifted Pavel Durovās travel ban even as the Telegram investigation remains active.
More news below! š


News Roundup
Artificial Intelligence
Decentralized, Centralized, & Traditional Finance
Nasdaq-Listed Solana Company to Tokenize Shares via Superstate (Decrypt)
South Korea Pushes āRisk-Freeā KRW Stablecoins to Keep Pace With US and Japan (DL News)
South Koreaās NH NongHyup Bank Pilots Stablecoin-Based Tax Refunds on Avalanche (The Block)
Dromos Labs Merges Aerodrome & Velodrome Into New Multi-Chain DEX āAeroā (The Defiant)
Calastone Expands Tokenized Fund Distribution Through Polygonās Onchain Infrastructure (The Block)
Tokenized Stock Platform xStocks Rockets to $10B Volume in Just Four Months (Cointelegraph)
Bitcoin Depot Expands to Hong Kong in First Major Asian Push (Cointelegraph)
Morpho Curator Fees Hit Record $370K Despite Liquidity Strains (Dune)
Ark Invest Scoops Up $30M in Circle Shares After 12% Post-Earnings Drop (The Block)
Japanās Stock Exchange Weighs Crackdown on Crypto-Hoarding Public Companies (Bloomberg)
Taiwan to Study Bitcoin Reserves, Pilot BTC Holdings Using Seized Coins (Bitcoin Magazine)
Singapore to Pilot Tokenized MAS Bills Settled in CBDC (The Block)
Cash App Now Lets Users Pay in BitcoināEven Without Holding Any (Bitcoin Magazine)
Czech Central Bank Becomes First Central Bank to Add Bitcoin to Its Balance Sheet (CoinDesk)
Circle Expands Arc With Onchain FX Engine and Multi-Currency Stablecoins (The Block)
Grayscale Files for IPO With $35B AUM and 40+ Crypto Products (SEC)
dYdX Community Approves Plan to Use 75% of Protocol Revenue for DYDX Buybacks (dYdX)
Singapore Finalizes Stablecoin Rules, Expands CBDC Trials (Decrypt)
Exchanges
Coinbase to List Nomina (NOM) for Spot Trading on Nov. 13 (Coinbase)
Binance to List Lorenzo Protocol (BANK) and Meteora (MET) on Nov. 13 (Binance)
Binance Wallet IDO Dominates Token Launch Platforms With 11x ROI (DeFiOasis)
OKX Opens DEX Trading to U.S. Users as Onchain Volumes Hit New Record (Cointelegraph)
Exchange-Traded Funds
Canary Capital Seeks SEC Approval for ETF Tracking MOG Memecoin (The Block)
Emory University Expands Grayscale Bitcoin ETF Stake to $52M (Cointelegraph)
On Nov. 12, U.S. Bitcoin spot ETFs saw $278 million in net outflows.
U.S. Ethereum spot ETFs saw $184 million in net outflows on Nov. 12.
On Nov. 12, U.S. Solana spot ETFs posted $18 million in net inflows.
First Spot XRP ETF Debuts as Canary Capital Launches XRPC on Nasdaq (CoinDesk)
21Shares Launches Two Crypto Index ETFs (The Block)
Infrastructure
Markets
Sky Token Jumps as Savings TVL Crosses $4B (The Defiant)
Polymarket Quietly Reenters the US With Live Beta as Prediction Markets Accelerate (Bloomberg)
Altcoin Stability Suggests Early Risk Re-Entry as Market Awaits Next Move (Cointelegraph)
MLM Flags Coordinated POPCAT Longs as a Targeted Exploit on Hyperliquid (MLM)
Exodus Reports Strong Q3 on Rising Bitcoin Revenue (Decrypt)
Data Shows Bitcoinās 4-Year Cycle Has Broken as Volatility and Returns Flatten (Cointelegraph)
U.S. Jobs Data Blackout Leaves Bitcoin Traders Flying Blind as Shutdown Ends (Decrypt)
CME Group and FanDuel Launch U.S. Prediction Markets App Next Month (The Block)
Why Bitcoin Keeps Failing at New Resistance Levels (Cointelegraph)
Bitcoin Stalls Near $103K Despite Shutdown Ending (DL News)
Bitcoin Whales Accelerate Accumulation as Macro Backdrop Improves (The Block)
Trader Burns $3M to Trigger $5M Loss in Hyperliquidās Vault (Cointelegraph)
Polymarket, UFC Strike Multi-Year Deal to Bring Live Prediction Markets Into Fight Broadcasts (The Block)
2026 Set to Usher In āPragmatic Privacyā Across Crypto (Cointelegraph)
Bitcoin Slips Under $100K Again as Liquidations Top $500M (Decrypt)
Mining
BitFuFu Q3 Revenue Doubles as Cloud Mining Demand Surges (Cointelegraph)
Politics & Regulation
US Government Reopens After 43-Day Shutdown, Reviving Crypto Policy Momentum (Cointelegraph)
Taiwan Lawmaker Presses Government to Study Bitcoin as Strategic Reserve (Decrypt)
Hong Kong Regulators Loosen āClosedā Crypto Rules to Reconnect With Global Liquidity (Wu Blockchain)
Token Generation Events
Monad Selects Anchorage Digital as Custodian Ahead of MON Token Launch (The Block)
Treasuries
VisionSys AI Stock Crashes 88% After Share Offering and Uncertain $2B Solana Treasury Plan (Decrypt)
Metaplanetās Bitcoin Gains Drop 39% After October Crash (Cointelegraph)
Other News
Dubai Court Freezes $456M Tied to Justin Sunās TrueUSD Bailout (Decrypt)
IBMās New Quantum Chips Push Toward Fault ToleranceāBut Bitcoin Remains Safe for Now (Decrypt)
Scammers Exploit Australiaās ReportCyber System to Impersonate Police and Steal Crypto (Cointelegraph)
France Lifts Pavel Durovās Travel Ban While Telegram Probe Continues (Cointelegraph)
ThaiāFBI Sting Recovers $432K in Stolen Crypto From Alleged European Hacker (Decrypt)
Tether Helps Thai Police and U.S. Secret Service Seize $12M Linked to Southeast Asia Scam Network (Tether)
Check This Out!
Crypto aims to be decentralized, yet many systems still rely on dApps hosted on centralized servers. A distributed cloud for compute, storage, and bandwidthārun by many rather than oneāwould better align with true decentralization.

Source: Synergy Research Group
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