THORChain: Open for Hackers, Halted for Itself 🚨💸 Hackers swap stolen crypto for Bitcoin on THORChain with no ID checks. After Bybit lost $1.5B, $1B to $1.2B flowed there. After Binance's $6.3B hack on 29 Oct 2026, $113M crossed THORChain in week 1, plus $48M on Relay, $32.1M on Chainflip, and ETH on Tornado Cash. 🔍
THORChain refused FBI wallet-block pleas under decentralization, while Chainflip added filters and NEAR Intents used a shield. 🛑
Yet THORChain stops fast for its own money: 🟥 In July 2021, swaps paused twice after $5M and $8M hacks. 🟧 In May 2026, trading halted 5 weeks after a $10.7M theft. 🟨 In Oct 2026, 10 chains froze in 2 minutes over 10 ETH.
Every stolen swap pays fees: 💰 THORChain earns $200k to $500k per $100M ($5.5M to $12M from Bybit, $200k+ in 3 days of Binance). 💵 Chainflip takes $150k to $250k per $100M, Maya $100k to $200k, Relay $60k to $150k, and Tornado Cash helpers $50k to $400k.
Should hackers' funds be blocked or do you support decentralization? 👇
GRAYSCALE LAUNCHES US ZCASH ADS AS FUND EXITS HIT ZEC 📰📉
On 10 November 2026, Grayscale started Zcash Invest with Wall Street Journal ads and $1M in grants ($400K paid) to promote its US Zcash fund (ZCSH). 💰 ZCSH fell 5.96% from 30 September to 9 November. Cash exits force Grayscale to sell real $ZEC , cooling a rally that pushed ZEC past $1,590 after a slow August launch (now near $1,010). 📈
Big updates on Zcash (optional hidden transfers, 21M cap like Bitcoin): 🔹 Freezing its 2016 pool on 6 November left 12,224 $ZEC ($15M to $16M) unspendable. 🔸 A July bug fix shifted coins to a safer pool (31% of all ZEC) while November cut wait times 3 times faster. ⚡ Rivals are growing fast: 🔒 Monero forces privacy on every transfer, while NEAR, Ethereum (Aztec, Railgun), Solana (Arcium), and Cardano (Midnight) are adding privacy layers. 🌐 In September, 98.9% rejected dropping 4-year reward cuts, yet November talks reopened the debate. 🗳️
Do you prefer privacy coins or privacy apps on Ethereum? 👇
ETHEREUM FOUNDATION & VITALIK SUED BY FORMER PROTOCOL LEAD 🚨⚖️ Kayleen Fulton (known as Nixo), former head of Ethereum Foundation Protocol Support, filed a federal lawsuit in Colorado against Stiftung Ethereum, Vitalik Buterin, and former executive Bastian Aue. 🏛️👀
Her key contributions 🛠️ 🔹 Led protocol support and organized All Core Developers (ACD) meetings. 🔸 Coordinated global engineers planning network upgrades. 🔹 Earned 'greatly exceeding expectations' rating and 21.9% pay raise in late 2025.
The dispute & firing 📜 In March 2026, leadership mandated staff pledge loyalty to an 'EF Mandate' containing a controversial 'Source Seppuku License'. Kayleen helped organize a respectful letter signed by 53 staff asking to remove the forced sign-off.
On 24 March 2026, Kayleen formally disclosed an ovarian cancer diagnosis. Just 13 days later, on 6 April, she was fired while leadership praised her work. The foundation denies wrongdoing, citing binding severance papers. 🛑⚡
BNB Chain Reassures Community After 3rd Security Scare 🛡️💻 BNB Chain confirmed a new security glitch in Reth (software that checks blockchain data) does not affect opBNB and has very little impact on BSC-Reth while a fix rolls out. Zero user action is needed ⚡
This marks the 3rd security alert around Binance and BNB Chain in just 2 weeks:
🔹 On 29 October 2026, Binance faced a record $6.4 billion hot wallet theft across 10 blockchains after hackers tricked an engineer with a fake job interview coding test. 🔶 On 22 October 2026, a flaw in PHP (website coding language) sparked fears until BNB Chain confirmed it does not use PHP. 🔷 Now the Reth bug: an open-source counting glitch that caused unpatched computers to stall, but it is not a hack and stole zero funds.
🟦 BNB Chain is protected by diverse software: opBNB does not use Reth, and most computers run Geth. 🟧 Unlike the October wallet theft, this glitch cannot touch balances or drain $BNB. After the hack on Binance, do you still think Binance is the best crypto exchange, and why? 👇