Binance News

Nvidia’s Jensen Huang has resigned as CEO, and Colette Kress, 58, has been named as the interim CEO. She has served as the company’s executive vice president and chief financial officer since September 2013. According to Sina Finance, citing Newsweek, Jay Aldert, an executive at an international services company, said in an interview Tuesday that Nvidia need not seek another leader in the founder’s mold. Aldert said the company should share authority and responsibility across a stronger management team and reduce its reliance on any single executive.Before joining Nvidia, Kress spent three years at Cisco, handling financial strategy, planning, reporting, and business development. She previously worked at Microsoft for 13 years, including four years as finance lead for its Server and Tools division, and spent eight years at Texas Instruments. She holds a bachelor’s degree in finance from the University of Arizona and an MBA from Southern Methodist University.Kress also oversees Nvidia’s financial disclosures to the market and communicates with Wall Street analysts about demand, margins, and investment plans. The source says this external-facing role would be particularly important amid an unexpected leadership change.

A Bitcoin Security Consortium report says about 7.1 million BTC are exposed to a potential quantum threat, with risks concentrated in ECDSA signatures and a nine-minute attack window cited in the report's headline. According to PANews, quantum computing advances remain gradual, and no cryptographically relevant quantum computer exists yet. Proposed responses include migrating addresses, adopting the post-quantum signature scheme SHRINCS, and reaching consensus on P2PK tokens.

About 1,816 BTC was transferred from more than 5,200 addresses between July 30 and August 4 in connection with a Coldcard firmware vulnerability that bypasses the hardware random number generator. According to Odaily, Coinkite CEO Rodolfo Novak, known as NVK, said a new AI model found a Coldcard flaw that human reviewers had missed, a finding disputed by Bitcoin developers. The vulnerability affects firmware version 4.0.1 and later; NVK said the firmware had undergone at least 15 reviews. James O'Beirne said he privately raised concerns about Coldcard's random number generation in May 2025. A firmware update can fix the issue on new devices but cannot repair old seed phrases, so affected users need to generate new ones. The losses were valued at about $116 million.

According to Jin10, initial jobless claims in the United States totaled 200,000 in the week to November 7, compared with a forecast of 195,000; the previous figure was revised from 189,000 to 191,000.

On Nov 12, 2026, 13:10 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,000 USDT and is now trading at 1,991.189941 USDT, with a narrowed 2.91% decrease in 24 hours.

DTCC's tokenization service went live on October 28 on Canton Network and a private DTCC blockchain built on Besu. According to Odaily, the service converts securities held in DTC custody into tokens, including Russell 1000 constituent stocks, major index ETFs and U.S. Treasuries.

According to ChainCatcher, U.S. President Donald Trump wrote on Truth Social that Democrats are among the most corrupt and anti-American political leaders in U.S. and world history. He accused them of trying to evade large-scale corruption in blue states while repeatedly alleging corruption by his administration, and said the accusations were intended to cover up what he called unprecedented embezzlement in Minnesota, California and other states.
Trump also accused “fake news” media of refusing to report on the issue, including during his first term. He said he may have been too naive by declining a presidential salary worth millions of dollars, and described himself as the only president to do so. He called Democrats corrupt and evil, said he was their opposite, and urged Republicans to fight or risk losing their country.

As of November 3, leveraged funds held net short positions of 12,955 BTC in CME standard Bitcoin futures, down 89% from a peak of 115,985 BTC on December 17, 2024, and the lowest level since February 2023. According to Foresight News, the data cited by Unfolded came from CFTC positioning reports and indicate that hedge funds have substantially unwound Bitcoin basis trades.
Unfolded said arbitrage buying that had previously driven ETF inflows has largely disappeared. As a result, spot ETF flows may increasingly reflect directional demand, while structural buying that could cushion price declines may also diminish.

Thailand’s securities regulator has proposed limiting stablecoin deposits and withdrawals at regulated crypto operators to 5 million baht ($148,000) per customer per day. According to Cointelegraph, the cap would apply separately to deposits and withdrawals at each operator, according to an announcement from Thailand’s Securities and Exchange Commission (SEC) on Thursday. The regulator said the proposed rules are intended to curb money laundering, cybercrime and efforts to bypass cross-border money transfer regulations. The draft would prohibit transfers to and from third-party wallets, requiring operators to verify that customers own the accounts or wallets used for deposits and withdrawals. Crypto service providers would also have to comply with the Travel Rule, which requires them to collect and share information about transfers, and use blockchain analytics to identify wallets associated with suspicious activity. The proposal would require crypto exchanges to disclose their market makers and the assets for which those firms provide liquidity. Crypto brokers would be prohibited from using liquidity providers for stablecoin-baht trading pairs, while certain off-platform trades would be subject to a 3 million baht minimum. The draft follows a September consultation in which the SEC proposed stablecoin transfer limits and tighter oversight of crypto operators.

A transaction signed by a BitGo-custodied account unstaked 204,044 SOL and transferred the tokens to a wallet linked to FTX/Alameda, worth about $16.89 million. According to Odaily, the transaction shows only that SOL was unstaked and transferred to the wallet; it does not confirm whether the tokens will be sold.

On Nov 12, 2026, 12:28 PM(UTC). According to Binance Market Data, BNB has dropped below 660 USDT and is now trading at 659.919983 USDT, with a narrowed 2.93% decrease in 24 hours.

Foresight News posted on X (formerly Twitter) that BitMine remains down about $6.2 billion as debate continues over the long-term value of ETH. At a fireside chat at ETHGlobal Pragma Mumbai, Vitalik Buterin discussed whether ETH should be viewed as a token that collects fees or as a store of value, saying the two approaches require different priorities. Optimizing market value around fee collection, he said, is essentially like running a company; successful companies often use aggressive governance rather than detailed rules that constrain them over the long term.
The post also cited recent results from two Ethereum treasury companies. BitMine holds 6.07 million ETH, or 4.97% of the supply, putting it close to Tom Lee’s 5% target. It reported a net loss of $6.3 billion for fiscal 2026, mostly from unrealized losses as ETH prices fell. Staking generated about $121 million in revenue, less than its $377 million in management expenses.
SharpLink reported net income of $750 million in the third quarter, about 90% of which came from unrealized gains. For the first three quarters of this year, it recorded a cumulative loss of about $328 million.
Both companies have followed a similar model: raising capital to buy ETH, earning staking income, and reporting results that move with the token’s price. The post said investors should look beyond the amount of ETH each company buys and assess whether its ETH per share is increasing and whether staking returns can cover financing costs. It also raised the question of how much additional value treasury companies can create for shareholders beyond holding ETH for appreciation.

According to ChainCatcher, Huma co-founder Richard Liu said on X that the team was surprised by HUMA’s steeper-than-expected decline and had launched an investigation. The investigation found that an early liquidity provider’s wallet was hacked on October 22, after which about 12 million HUMA tokens received through an airdrop were sold. From November 2 to 7, HUMA futures open interest across the market rose from about 620 million tokens to 1.1 billion. Perpetual futures trading volume was seven to 10 times spot volume, and funding rates had remained negative since November 4.

Strive reported a 63% year-to-date BTC Yield and total holdings of 43,153 bitcoin. According to Odaily, Bitcoin News posted on X that Strive Chief Investment Officer Ben Werkman said bitcoin reserve companies should assess performance using BTC Yield, defined as growth in bitcoin per share. He said existing holders benefit when a share issuance used to buy bitcoin increases bitcoin per share, but effectively subsidize new shareholders if it decreases. Strive also said it bought 29 bitcoin last week at $75,721 each, spending $2.2 million.

According to ChainCatcher citing The Block, SoFi’s stablecoin SoFiUSD has launched on Polygon Open Money Stack. SoFi users can buy, sell, hold and exchange SoFiUSD through the SoFi app without a separate wallet or manual bridging. SoFi Bank, a national bank regulated by the U.S. Office of the Comptroller of the Currency, issues the stablecoin, which is redeemable for U.S. dollars at a 1:1 ratio.

South Korea plans to let crypto exchanges suspend deposits and withdrawals when they suspect a hack, without waiting for an intrusion to be confirmed. According to PANews, citing Cointelegraph, the Financial Services Commission (FSC) plans to issue a no-objection letter allowing preventive suspensions under specified conditions.
Current rules prohibit exchanges from blocking withdrawals without valid grounds and explicitly allow restrictions only after a hacking incident is confirmed. The FSC also requires exchanges to maintain 24-hour monitoring and incident response, increase cold-wallet holdings, and strengthen insurance coverage and reserves.
Exchanges unable to monitor continuously will be allowed to process deposits and withdrawals only during staffed hours and must notify users in advance.

According to the announcement from Binance, Binance Wallet will hold two LAB trading competitions on Binance Alpha, with eligible users ranked by their LAB purchase volume. The first promotion period runs from 2026-11-12 13:00 (UTC) to 2026-11-19 13:00 (UTC), and the second runs from 2026-11-19 13:00 (UTC) to 2026-11-26 13:00 (UTC). In each competition, the top 2,000 users by purchase volume will share 2,570,000 LAB tokens equally, receiving 1,285 LAB each. Only cumulative purchases count toward trading volume; sales, token bridging and third-party dApp transactions are excluded. Eligible trades must be made through Binance Wallet (Keyless) or Binance Alpha on Binance Wallet. Rankings will use effective trading volume, which applies an early-trading multiplier to daily volume: 2.0x on Days 1 and 2, 1.8x on Days 3 and 4, 1.5x on Day 5, 1.3x on Day 6 and 1.0x on Day 7. Users who had won rewards in fewer than three previous Binance Wallet Alpha trading competitions as of three days before the promotion starts may also receive a 1.2x Rising Trader Boost, subject to a volume cap. Rewards will be claimable in LAB and made available before 2026-12-10 13:00:00 (UTC). Winners must claim within 14 days after rewards become claimable.

Trezor confirmed that three Safe 5 devices sold by CryptoBilis contained malicious implants capable of stealing recovery phrases and passphrases. According to Odaily, Bitcoin News said in a post on X that the implants capture screen data and send it over mobile networks to servers controlled by attackers. Trezor said firmware version 2.13.1, released November 11, disables the identified implants, and that its dealer network has shrunk by about 80%; it has received no customer reports of stolen funds. Customers who bought devices through CryptoBilis from March 2026 can request replacements. Trezor said affected users should move funds to a wallet with a newly generated recovery seed, as a firmware update cannot remove information that may have been exposed previously.

According to ChainCatcher citing U.S. SEC filings, BTCS reported 49,571 ETH in holdings as of Sept. 30, down from 70,787 at the end of 2025. The company said 2,880 ETH was staked and 46,607 ETH was deposited in DeFi protocols, with most of its digital assets held as collateral on Aave.
BTCS recorded Q3 revenue of $4.09 million, down 17.1% year over year. DeFi revenue rose to $3.51 million from $720,000 a year earlier, while blockchain infrastructure revenue fell to $590,000 from $4.22 million. Net income was $54.53 million, primarily reflecting $58.35 million in unrealized gains on digital assets. The company reported a net loss of $49.53 million for the first nine months of the year.
As of Sept. 30, BTCS had $63.01 million in DeFi protocol borrowings and $14.51 million in convertible notes, alongside $460,000 in cash and equivalents and $860,000 in stablecoins.

According to ChainCatcher, Strategy founder Michael Saylor said on November 5, 2026, during a remote appearance at Oranje Summit 2026 in São Paulo, Brazil, that frontier AI models could boost hackers’ capabilities and make complex software used by exchanges and wallets especially vulnerable to attacks. He said Bitcoin’s design can withstand AI threats and that Satoshi Nakamoto was wise to limit base-layer functionality, as complex software expands the attack surface. Saylor also said Bitcoin’s security and computing power would help it win the contest to become the global standard for digital capital.

The collapse of Paraguay’s digital lender Ueno Bank left nearly three million customers, roughly 60% of the country’s adults, unable to access their accounts last week. According to Cointelegraph, the Central Bank placed Ueno into resolution on Nov. 3 after its solvency ratio fell below half the legal minimum, with an investigation citing questionable lending and deficiencies in credit documentation and accounting. The failure fueled protests and a political crisis involving President Santiago Peña. Paraguay’s peer-to-peer crypto market quickly reflected the turmoil, with some sellers seeking premiums of up to 13% for USDt. As the guaraní fell 12.3% in a week, customers turned to dollar-pegged stablecoins to preserve savings and keep payments moving. X4T founder and CEO David Eisenmann said the intervention came when salaries, rent and supplier invoices were due, leaving some business owners unable to make payroll. X4T processed more than $10 million in local on-ramp volume over the 30 days to early November, although some activity predated Ueno’s collapse. Eisenmann said demand for USDt and USDC rose, while customers also sold crypto to cover payments. By Nov. 9, the Central Bank said 93.1% of depositors had been repaid, but X4T continued to receive elevated inquiries about dollar-denominated stablecoins.
Analysts said the episode highlighted stablecoins’ potential to provide liquidity when confidence in banks falters, but cautioned against treating them as a risk-free substitute. GlobalData associate analyst Rhys Hicks said there was no evidence of a mass shift from Paraguayan banks into stablecoins, noting other banks had picked up the slack and consumers appeared more angered by the government. He said stablecoins may appeal during political instability because they are pegged to a comparatively stable currency, such as the U.S. dollar, but holders lack bank deposit guarantees and a central bank backstop. Stablecoins are also connected to the traditional financial system: during Silicon Valley Bank’s collapse in March 2023, Circle disclosed that $3.3 billion of USDC reserves were held at the lender. USDC briefly fell to 86 cents after Circle said it could not withdraw the funds. A BIS paper has also warned that widespread adoption of dollar-backed tokens could challenge monetary sovereignty in emerging markets. Eisenmann expects people to diversify across banks, cash and digital assets. He said the speed of restoring trust will depend on how quickly and transparently authorities handle Ueno’s resolution.

KPMG U.S. completed an independent audit of the 2025 fiscal-year financial statements of TG Commodities, issuer of Tether Gold (XAUT), and issued an unqualified opinion. According to Foresight News, the audit found that XAUT is fully backed by allocated physical gold.
As of December 31, 2025, TG Commodities held 520,089.350 troy ounces of allocated gold, valued at $2.246 billion, against 520,089.300 XAUT issued. KPMG physically counted and inspected each gold bar backing XAUT rather than relying solely on confirmation from the custodian.
The gold is stored in vaults in Switzerland, meets London Good Delivery standards, and belongs to XAUT holders, according to Tether’s blog.

Binance Wallet announced on X that its on-chain smart money signals can now trigger automated trades through Agentic Wallet’s On-Chain Copy Trading Skill. The skill buys when a signal appears, with stop-loss and take-profit rules attached. Users can select the signals as a trigger source, set the chain, budget and position size, and configure those rules. Binance Wallet said users can run a cost-free dry run, refine the strategy and then switch to live trading. The copy trading runs automatically 24/7 once set up.

According to Jin10, U.S. President Donald Trump said, “We got their (Iran’s) money, and we control their strait.”

According to the announcement from Binance, the exchange will adjust step sizes for 23 spot trading pairs by 2026-11-19 07:00 (UTC), saying the changes are intended to increase market liquidity and improve the trading experience. The affected pairs and their previous and updated step sizes are ADA/BTC, 0.1 to 1; ARB/BTC, 0.1 to 1; AVAX/BTC, 0.01 to 0.1; BCH/BTC, 0.001 to 0.01; DOT/BTC, 0.01 to 1; ETH/BTC, 0.0001 to 0.001; FET/BTC, 0.1 to 1; FIL/BTC, 0.01 to 1; INJ/BTC, 0.01 to 0.1; LINK/BTC, 0.01 to 0.1; LTC/BTC, 0.001 to 0.01; LUNC/USDT and LUNC/USDC, each 0.01 to 1; NEAR/BTC, 0.1 to 1; NEXO/BTC, 0.01 to 1; PAXG/BTC, 0.0001 to 0.001; SOL/BTC, 0.001 to 0.01; STX/BTC and SUI/BTC, each 0.1 to 1; UNI/BTC, 0.01 to 0.1; WBTC/BTC, 0.00001 to 0.0001; and WLD/BTC and XRP/BTC, each 0.1 to 1. Binance said the adjustment will not affect spot trading, related functions, or existing spot orders, which will continue to be matched using their original step sizes. The exchange said API step-size information will also change and can be retrieved through GET /api/v3/exchangeInfo. API users and operators of trading bots may need to update their configurations.

The Securities and Futures Commission of Hong Kong and the Hong Kong Monetary Authority co-hosted a seminar on November 11, attended by more than 200 financial industry representatives. According to Foresight News, discussions covered tokenization opportunities in secondary-market trading and corporate treasury management, financial infrastructure for payments and liquidity management, virtual asset trading platforms’ role in tokenized fund trading and liquidity, and wider adoption of tokenized money and investment products.
Wu Jiali, executive director of the SFC’s Investment Products Division, said Hong Kong’s tokenization development is moving from the pilot phase toward commercial use. She said the next stage will focus on connecting tokenized investment products, digital money and financial infrastructure to support practical applications.
Zhou Wenzheng, assistant chief executive of the HKMA responsible for financial infrastructure, said the authority will continue working closely with the SFC to promote responsible innovation in tokenization.

Stablecoin supply fell $14.2 billion in 30 days, its largest contraction since the 2022 bear market. A Wednesday Glassnode report put supply below $280 billion, a level last seen in September 2025, according to The Block, as the market recovery stalled. The drop nearly reached $30 billion in June 2022, five months before bitcoin's $15,500 low. CryptoQuant said USDT's market cap fell $6.6 billion in the 60 days through Nov. 7, versus $3.2 billion after FTX collapsed in December 2022. USDT and USDC represent 62.8% and 25.1% of supply; gold-backed tokens totaled $5.61 billion, below February's $6.31 billion peak. Glassnode called renewed supply growth the first sign of new money; CryptoQuant said bitcoin may bottom before USDT supply turns positive.

Hyperion DeFi reported net profit of $39.59 million for the third quarter of 2026 and held approximately 1.848 million HYPE as of September 30. According to Foresight News, the Nasdaq-listed HYPE treasury company (Nasdaq: HYPD) disclosed the figures in a filing with the U.S. Securities and Exchange Commission.
The company’s HYPE holdings were down from 2.04 million at the end of the second quarter, mainly because it sold tokens to repay debt. Its average purchase cost was $40 per HYPE, and its net asset value was approximately $182.4 million.
Hyperion DeFi recorded $785,000 in staking revenue for the quarter, up 49% from the previous quarter, and earned approximately 10,885 HYPE through staking and validator operations. As of October 31, about 6.3 million HYPE had been delegated to its validators.
Revenue rose 168% year over year to $810,000. Net profit was up from $6.63 million in the same quarter last year. Adjusted EBITDA was $48.66 million, down from $53.65 million in the second quarter, primarily due to a $5.7 million LST adjustment. Cash, cash equivalents and stablecoins totaled $14.54 million as of September 30.
The company said it repaid an approximately $8.6 million loan from Avenue Capital, clearing all historical debt. In September, it repurchased 240,124 shares for approximately $788,000. Hyperion DeFi reiterated its full-year 2026 adjusted gross profit guidance of $7 million to $8 million.

Binance Wallet announced on X that users can claim and use a Trial Voucher for Prediction Markets through Binance App → Exchange → Markets → Prediction or Binance App → Wallet → Home → Prediction. Users should claim the voucher from the pop-up, choose an eligible match market, select a prediction, apply the Trial Voucher in the order panel and submit the order. Prediction Markets are available only to users in eligible regions and may not be available to all users.

AVA Foundation and Travala launched AVA 3.0 and announced a roadmap focused on real-world travel products, a transparent buyback mechanism and measurable membership value. According to Odaily, the plan builds on AVA 2.0, and Travala is the token’s primary commercial use case; the AVA Foundation has bought back 5,604,400 AVA, including 779,700 tokens—1.1% of the circulating supply—that are permanently locked in Travala’s AVA Strategic Reserve.

Binance announced on X that Binance Square has launched its Leaderboard, featuring four rankings to help users identify leading traders and follow their trades.

According to ChainCatcher citing CoinDesk, Ripple’s lending system for banks and payment companies on the XRP Ledger has 22 validator votes, seven short of the 29 needed to activate it. The system and its accompanying SingleAssetVault amendment must each receive 29 votes for two consecutive weeks. Since mid-October, three more validators have backed the proposal. As of Wednesday, LendingProtocol and its first amendment each had 22 votes, while SingleAssetVault, which creates lending pools, had 23. The design lets depositors place XRP or other tokens in vaults for fixed-term, uncollateralized loans, relying on off-chain underwriting and risk management. A code merge request dated November 4 proposed adding a third lending amendment.

A whale’s long positions in BTC and ETH, opened in late August at a combined value of $493 million, were fully liquidated, with losses estimated at $68.59 million. According to Foresight News, monitoring by Ember showed that the final position, worth about $80.12 million, was liquidated one hour ago. The whale had opened long positions on 1,543.87 BTC at an average price of about $82,205 and 115,470 ETH at an average price of about $2,604. Repeated liquidations amid declines in recent days reduced the whale’s initial $69.21 million in capital to about $620,000.

According to ChainCatcher citing The Block, Nasdaq-listed Solana Company (HSDT) reported third-quarter revenue of $3.4 million, up from $700,000 a year earlier. Revenue was driven mainly by staking income from its SOL holdings.
As of September 30, the company held about 2.4 million SOL, with a fair value of approximately $288.2 million.

According to ChainCatcher, U.S. President Donald Trump said in a Truth Social post that the United States would immediately double tariffs on Mexico if the country did not stop migrant caravans traveling through Mexico toward the U.S. He said Mexico, the governor of Texas, U.S. Border Patrol and Immigration and Customs Enforcement had been informed of his demand.

Binance Wallet announced on X that the @predictdotfun (PREDICT) token generation event will resume at 9:00 AM (UTC) on November 18, 2026. Users who claimed Prime Sale Keys can check their balances and begin trading PREDICT on Binance Alpha once the token goes live.

According to the announcement from Binance, the Binance Button Game — Anthropic Edition will open for participation on 2026-11-12 08:00 (UTC), offering a reward valued at $30,000 in Anthropic bStocks Token (ANTB) or USDC. The game itself will begin once 50,000 participants have joined. During the activity, eligible users will receive three free click attempts. Each click starts a 60-minute countdown, which resets if another user clicks before it reaches 00:00. A user who clicks the button and allows the timer to reach 00:00 without interruption will qualify for the reward. If Anthropic bStocks IPO, the reward will be paid in ANTB; otherwise, the eligible user will receive $30,000 in USDC. The game ends when a countdown reaches 00:00 without interruption or, if no one achieves that, after 30 calendar days. If no user completes the countdown, the participant or participants with the highest ranking based on the closest countdown to 00:00 will be eligible for the token reward; tied winners will split it equally. The activity period ends at the earlier of those two conditions. Binance said participation requires identity verification and is subject to regional availability.

Bitcoin Core disclosed medium-severity vulnerability CVE-2025-62860, which became public on November 10, 2026. According to Odaily, the flaw affects versions earlier than 28.3, 29.2 and 30.0. External Tor connections can appear to use the local Tor software’s IP address. If that address matches a trusted range set with the -whitelist option, Bitcoin Core may mistakenly whitelist the connections, removing DoS protections and privacy-leak mitigations for trusted nodes. Nodes without a non-default -whitelist option were never affected.

Jiang Zhuoer said BTC’s next support level is $69,100.
According to Odaily, he said BTC had fallen below the 50% Fibonacci retracement level of its previous rally, at $72,600, and that traders should watch for a rebound before it falls to $70,000. He also said he plans to look for an opportunity to close a hedge short position opened near $73,000.

The Depository Trust & Clearing Corporation (DTCC) plans to connect its DTCC Tokenization Service (DTS) to Solana, with the integration expected to go live in the second half of 2027. According to Foresight News, the service will support tokenization on Solana of eligible assets held in custody by the Depository Trust Company (DTC), allowing eligible traditional assets to be converted into tokenized form. DTS launched on October 28.
DTCC President and CEO Frank La Salla said the move will bring regulated DTC tokenized securities to another major blockchain ecosystem and give market participants more options for accessing and using tokenized assets while retaining traditional market protections. DTCC said tokenized assets on Solana and other blockchains connected to the service will retain the investor protections, ownership rights, and regulatory safeguards associated with traditionally held securities.