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 Durov’s travel ban even as the Telegram investigation remains active.

More news below! šŸ‘‡

News Roundup

Artificial Intelligence

  • OpenAI Rolls Out GPT-5.1 With Sharper Reasoning and Warmer Dialogue (Decrypt)

  • Munich Court Says ChatGPT Illegally Reproduced Song Lyrics (Decrypt)

Decentralized, Centralized, & Traditional Finance

  • Nasdaq-Listed Solana Company to Tokenize Shares via Superstate (Decrypt)

  • South Korea Pushes ā€˜Risk-Free’ KRW Stablecoins to Keep Pace With US and Japan (DL News)

  • South Korea’s NH NongHyup Bank Pilots Stablecoin-Based Tax Refunds on Avalanche (The Block)

  • Dromos Labs Merges Aerodrome & Velodrome Into New Multi-Chain DEX ā€˜Aero’ (The Defiant)

  • Calastone Expands Tokenized Fund Distribution Through Polygon’s 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)

  • Japan’s 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 Bitcoin—Even 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

Infrastructure

  • Vitalik Buterin Says DeFi Has Reached a New Era of Safety and Everyday Utility (The Block)

  • EF’s Account Abstraction Team, Vitalik Release ā€˜Trustlessness Manifesto’ Reaffirming Trustless Coordination (EF)

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 Bitcoin’s 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 Hyperliquid’s Vault (Cointelegraph)

  • Polymarket, UFC Strike Multi-Year Deal to Bring Live Prediction Markets Into Fight Broadcasts (The Block)

  • 2026 Set to Usher In ā€˜Pragmatic Privacy’ 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 ā€˜Closed’ 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)

  • Metaplanet’s Bitcoin Gains Drop 39% After October Crash (Cointelegraph)

Other News

  • Dubai Court Freezes $456M Tied to Justin Sun’s TrueUSD Bailout (Decrypt)

  • IBM’s New Quantum Chips Push Toward Fault Tolerance—But Bitcoin Remains Safe for Now (Decrypt)

  • Scammers Exploit Australia’s ReportCyber System to Impersonate Police and Steal Crypto (Cointelegraph)

  • France Lifts Pavel Durov’s Travel Ban While Telegram Probe Continues (Cointelegraph)

  • Thai–FBI 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 bandwidth—run by many rather than one—would better align with true decentralization.

Source: Synergy Research Group

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