Web3 security suffered major losses in October as AI-driven phishing and complex token exploits accounted for $45.84 million in theft, according to GoPlus Security. Phishing-as-a-Service platforms powered by AI tools enabled rapid fake website creation, leading to $3.5 million in phishing losses. Notable incidents included 107 GMGN users losing $700,000, a $325,000 theft via a malicious “increaseAllowance” on Wrapped Bitcoin (WBTC), and $440,000 lost through a fraudulent “permit” transaction. The largest breach involved SBI Crypto, with $21 million in BTC, ETH, LTC, DOGE, and BCH drained and allegedly laundered via Tornado Cash by suspected state-backed hackers. Meanwhile, honeypot token scams jumped 600% month-on-month to 2,189 tokens on Binance Smart Chain, Ethereum, and Base, trapping investors in illiquid contracts. Elsewhere, the Astra Nova token RVV plunged after a social media hack caused a $10.3 million sell-off, and Garden Finance users lost $10.8 million to a DeFi exploit. These events underscore evolving threats to Web3 security from AI techniques, social engineering, and embedded contract fraud.
Trezor hardware wallets store private keys offline, protecting them from online hacks. Trezor security relies on PIN protection and an optional passphrase layer, ensuring physical theft alone cannot compromise funds. The open-source design enhances transparency and community audit.
However, Trezor security depends on user practices. Never share or expose your seed phrase. Activate the passphrase feature or split your seed into parts for extra protection. Purchase devices only from official channels to avoid supply-chain attacks. Secure your computer against malware and verify transaction details on the device screen to prevent phishing or address spoofing. Regularly update firmware and be aware of model-specific issues.
For large holdings, consider multi-signature setups or redundant backups rather than a single hardware wallet. While no system is infallible, following best practices makes Trezor one of the safest self-custody solutions available.
JPMorgan has officially rolled out its JPM Coin dollar deposit token on Coinbase Base, the Ethereum layer-2 network, enabling institutional clients to conduct near-instant, 24/7 USD settlements on-chain. By leveraging Base’s low transaction fees and Ethereum’s security, the bank bridges traditional finance and DeFi, streamlining cross-border payments and boosting liquidity. The launch builds on a pilot with Mastercard, Coinbase and B2C2, and signals a strategic move toward broader adoption of tokenized USD as an alternative to stablecoins. JPMorgan also plans to introduce a euro-denominated version under the JPME trademark, pending regulatory approval. Major banks like DBS are exploring similar deposit tokens to simplify interbank transactions. This deployment accelerates JPMorgan’s digital asset strategy and may drive increased transaction volume on Base.
Neutral
JPM CoinCoinbase BaseTokenized USDInstitutional DeFiDigital Dollar
Phantom Wallet confirms it will remain on the Solana ecosystem with no plans for a native blockchain or an IPO.
The crypto wallet provider stays privately funded by a16z, Paradigm and Sequoia to focus on user experience.
Key initiatives include the Phantom Cash stablecoin, Phantom Terminal trading platform for professional and institutional trading, and Phantom Connect for cross-platform access.
It also integrates perpetual contracts via Hyperliquid to enhance trading tools.
Phantom Wallet serves over 15 million monthly active users and is valued at about $3 billion.
Traders can expect improved onboarding and trading features rather than a new chain or public listing.
ERC-7943 introduces a shared compliance interface for tokenized real-world assets on Ethereum and other EVM chains.
It covers key functions such as asset freezing, transfer controls and KYC/AML checks.
The new standard, backed by a consortium including Bit2Me, Brickken and Compellio, aims to reduce fragmentation in the $28.44 billion RWA market and speed up institutional integration.
Unlike ERC-1400 and ERC-3643, ERC-7943 offers a minimal, modular API that can layer atop existing identity solutions.
Traders should monitor EIP adoption and developer pilots on DEXs and lending platforms, as ERC-7943 could unlock unified liquidity pools across chains and drive long-term growth in tokenized assets.
Circle Internet Group is exploring the launch of a native token for its Arc Network, its open layer-1 blockchain optimized for stablecoin transactions. The Arc Network native token could align stakeholders, incentivize participation, and support platform governance. The public testnet offers stablecoin gas payments and sub-second finality, drawing over 100 institutions—including major banks and tech firms—to trial features like instant settlement and privacy. Circle aims to use the Arc Network native token to foster long-term engagement as it transitions Arc from testnet to mainnet. The potential token launch underscores Circle’s push to enhance global payments infrastructure and expand stablecoin innovation.
Solana price has resumed its downtrend after failing to break above the $170 resistance. The token is now trading between the $150 support and $170 resistance range. Yesterday’s rally peaked at $170 before sellers stepped in, driving price lower. If Solana breaks below the $150 support, increased selling pressure could push it toward the next demand zone at $131. A deeper drop to $93.24 is possible at the 2.618 Fibonacci extension level if bearish momentum accelerates. Technical indicators reinforce this outlook: the 21-day SMA continues to slope down, capping any upside, while moving averages on the four-hour chart signal a sideways pattern. Traders should watch for a decisive close below $150 to confirm further declines. Key supply zones to monitor are $220, $240 and $260, while demand zones lie at $140, $120 and $100. Short-term sentiment remains bearish as Solana faces mounting downside risks.
Crypto tokenization is under intense regulatory scrutiny after the International Organization of Securities Commissions (IOSCO) issued a report warning of new investor risks. While existing frameworks may cover many tokenization challenges, IOSCO highlighted vulnerabilities unique to blockchain-based representation of real-world assets (RWAs). Chair of IOSCO’s fintech taskforce Tuang Lee Lim noted adoption remains modest, but the technology could disrupt asset issuance, trading and servicing.
Key concerns include investor confusion over ownership rights, counterparty risk from third-party issuers and increased links to volatile crypto markets. The European Union’s regulator issued similar warnings in September. Despite this, major financial players like Nasdaq and WisdomTree are advancing crypto tokenization, promoting 24/7 trading and peer-to-peer transfers. WisdomTree’s Will Peck stressed benefits such as collateralized loans and USD hedging.
IOSCO also questioned claimed efficiency gains, noting most markets still rely on legacy infrastructure and lack transparent metrics. In the U.S., fresh legislation has fueled stablecoin uptake and renewed interest in tokenized products. Industry leaders, from Robinhood CEO Vlad Tenev to BlackRock’s Larry Fink, remain bullish on the long-term potential of crypto tokenization, even as regulators tighten their focus.
Koinly is a leading crypto tax software that simplifies reporting by automating transaction imports, cost-basis calculations and portfolio tracking. Koinly supports over 20,000 cryptocurrencies and 900+ exchange and wallet integrations, fetching trades, transfers, staking rewards and NFT transactions via APIs or CSV uploads. The platform offers smart transfer matching, real-time dashboards, and tax reports compliant with 20+ jurisdictions (including IRS Form 8949 and HMRC summaries). Pricing starts with a free plan, while paid tiers cover 100 to unlimited transactions per tax year, appealing to casual investors, active traders and businesses. Pros: broad integrations, user-friendly interface, comprehensive jurisdictional coverage and strong customer support. Cons: manual review needed for complex DeFi events and limited support for smaller jurisdictions. Overall, Koinly delivers accurate, efficient crypto tax software solutions that streamline tax preparation and portfolio oversight for traders at all levels.
Bitfinex analysts warn that Bitcoin may trade sideways in November despite its historical bullishness. After a 3.6% October decline triggered by the October 11 crash, Bitcoin faces a crucial $116,000 resistance. Failing to reclaim this level could test bulls’ patience and prolong consolidation. Analysts cite an uncertain macroeconomic environment, mixed Fed signals and waning investor confidence as headwinds. Potential catalysts include moderate inflation data, dovish Fed guidance, ETF approvals, institutional inflows and improved global liquidity. Without these triggers, Bitcoin is unlikely to sustain a rally and may remain range-bound through November.
Crypto markets consolidated today as Bitcoin (BTC) and Ethereum (ETH) dipped under 1%, while privacy tokens led gains. Decred (DCR) soared 22%, Dash (DASH) rose 4.5% and Monero (XMR) added 3.4%, pushing total market capitalization down 0.6% to $3.51 trillion after last week’s low of $3.32 trillion. The Crypto Fear & Greed Index fell to 26, signaling “fearful” conditions that have previously preceded rebounds.
Derivatives metrics highlighted elevated volatility: the 30-day implied Bitcoin volatility index (BVIV) held near 50%, annualized funding rates for BTC and ETH remained below average, and open interest shifted—rising 1–2% in tokens like HYPE, BCH and SOL, while ETH, XRP and BNB saw declines. Solana (SOL) futures basis on the CME dropped to 7%, matching BTC and ETH levels. Options data signaled near-term bearish sentiment, and block trades included a BTC put spread and lifted calls in ETH.
In altcoins, canton (CC) jumped 20%, but major tokens XRP and Binance Coin (BNB) fell 1–2%, and SOL slid 3.6%. The average market RSI of 51 indicates neutrality. All eyes remain on the potential US government reopening, which could trigger policy changes and spark fresh volatility.
Seasonal trends point to a December “Santa rally” in Bitcoin, historically delivering up to 40% gains. When BTC leads, meme coins often follow within days. Here are the top three meme coins positioned to benefit:
1. Maxi Doge (MAXI): A high-energy token with 77% APY staking rewards. Its ongoing presale has raised $3.9 million at just $0.0002675 per token. Nearly half the supply is earmarked for marketing, driving degen demand for “max gainz.”
2. Bitcoin Hyper (HYPER): A Bitcoin Layer 2 network with SVM architecture and ZK settlement. Its presale has attracted $26.9 million, pricing tokens at $0.013255 each. Staking offers 43% APY, and governance rights unlock future network features.
3. Official Trump (TRUMP): A politically themed coin with a $1.5 billion market cap. Trading on Binance and OKX, it has surged 25% over 30 days, reaching highs near $9.50. Deep liquidity makes TRUMP a high-beta outlet for momentum traders.
Given Bitcoin’s December strength and increased risk appetite, these meme coins could see accelerated inflows. This content is educational and not financial advice.
China’s National Computer Virus Emergency Response Center (CVERC) accuses the US of orchestrating a $13 billion Bitcoin hack in December 2020, siphoning over 127,000 BTC from the LuBian mining pool. According to CVERC, the discreet transfers and state-level coordination indicate a sophisticated Bitcoin hack rather than ordinary cybercrime. US authorities reject the claims, stating the assets were legally seized under money-laundering charges against Chinese national Chen Zhi. Blockchain forensics firms attribute the loss to weak security at LuBian, including a flawed random number generator that allowed brute-forcing of private keys. The stolen BTC remained dormant for years before appearing in US-identified wallets. The dispute heightens US-China tensions over crypto security and cross-border regulation. Traders should watch regulatory actions, geopolitical risks, and potential market volatility.
Chainlink’s native token LINK fell over 7% in 24 hours, trading near $15.36 after an intraday low of $15.20. Trading volume dropped by 20%, and LINK now sits below its 50-day and 200-day moving averages, signaling weak momentum. Meanwhile, the Bitwise Chainlink ETF (ticker CLNK) was added to the DTCC eligibility list, a standard procedural step for clearing and settlement. However, this listing does not imply SEC approval, which remains pending amid the U.S. government shutdown. Futures open interest for LINK on major platforms like Binance and Bybit also declined, reflecting reduced short-term trader activity. While the DTCC milestone marks progress for the Bitwise Chainlink ETF, actual launch depends on final regulatory green light. If approved, the ETF could attract institutional capital and strengthen Chainlink’s market position. Until then, LINK price momentum is likely to stay subdued.
The crypto market edged lower on Nov. 12 as Bitcoin (BTC) and Ethereum (ETH) prices dipped amid sustained trading activity. BTC fell 0.05% to $104.87K, while ETH declined 0.31% to $3,546.50. Overall market cap stood at $3.52 trillion, down 0.55%, with 24-hour spot volume at $186.78 billion (−0.12%) and derivatives volume at $196.23 billion. Global open interest reached $87.69 billion, reflecting steady trader engagement. Ethereum gas fees remained low, averaging 0.346 Gwei. Among top altcoins, ATOM gained 1.67% to $3.07 and FTT inched up 0.02% to $0.77, while SOL (−2.08%), AVAX (−0.84%) and BNB (−0.69%) led losses. A total of 18,833 cryptocurrencies traded across 54 exchanges.
Recent CryptoQuant data shows Bitcoin Stablecoin Supply Ratio (SSR) has fallen to its historical lower range of 13, matching levels seen at mid-2021 and early 2024 market bottoms. Concurrently, Binance’s Bitcoin/Stablecoin Reserve Ratio indicates rising stablecoin reserves and shrinking BTC holdings, signaling growing buyer liquidity on the sidelines. Bitwise research highlights short-term holder exhaustion at its lowest since August 2023—conditions that preceded a 190% surge to $74,000. On-chain MVRV metrics also point to a bottom near $98,000. Technically, Bitcoin trades within a falling wedge pattern, with a daily close above $107,000 likely to clear the path for a rally toward $124,000. Risk indicators have shifted to a low-risk regime, easing selling pressure. Together, these on-chain and liquidity signals suggest Bitcoin may have bottomed, setting the stage for the next bullish leg. Traders should watch for reclaiming $108,500–$110,000 to confirm upward momentum.
Gate Exchange will list Lumint (LUMINT) for spot trading on November 13 at 17:00 UTC+8. To mark the listing, Gate has launched its 319th HODLer Airdrop and 111th CandyDrop campaign. The HODLer Airdrop runs until November 13 at 16:00 UTC+8. Users holding at least 1 GT can claim a share of a 277,777 LUMINT airdrop pool. The CandyDrop event will run from November 13 at 17:00 until November 22 at 17:00 UTC+8. Participants complete spot trades, VIP trades, and referrals to earn candies and share a pool of 1,111,112 LUMINT. Each user can receive up to 5,000 LUMINT. In total, Gate offers 1,388,889 LUMINT in incentives. Traders should note the event deadlines and GT requirement when planning their strategies.
On November 12, Adrena, a Solana-based perpetual contract DEX, announced it is entering maintenance mode effective immediately. The team and foundation will cease new feature development, while core services—liquidity pools, staking, unlocking functions, and data feeds—will continue running. Adrena plans to open-source its front- and back-end code, inviting the community to take over development. Over the past year, Adrena achieved $8 billion in trading volume and generated $10 million in fee revenue. The decision follows unsuccessful fundraising and intense market competition. The project emphasizes it never sold team tokens and hopes the community will carry forward its vision.
BNB Chain announced that it will decommission its multi-sig wallet service on November 12, urging all users to migrate to Safe Global to maintain asset security. The migration channel is now open. Users must import their existing multi-sig addresses and follow the provided migration guide. Any non-migrated wallets will display a “Base contract is not supported” warning, effectively disabling them. This transition aims to consolidate security features and ensure ongoing support. BNB Chain users should complete the migration promptly to avoid operational disruptions and secure their funds.
Nano price surged 32% to $1.72 on November 12 after daily trading volume spiked over 220%, signalling renewed investor interest in veteran altcoins. Nano price momentum appears robust as the token staged a technical breakout above $1.20 and held $1.48 as new support, driven by aggressive long positioning incentivised by Bybit’s 400% APY leverages and growing social sentiment around “dino coins” rally. Other veteran cryptos such as ZEC, DASH, DGB, LSK, VET, ALGO, NEXO and ATOM have also seen fresh momentum amid regulatory clarity and increased institutional acceptance. Nano’s energy-efficient, feeless transaction model continues to attract integrations. Traders are now eyeing a move toward $2—the highest since December 2024—with profit-taking near resistance as the main risk.
MEXC Foundation and Indonesia’s leading exchange TRIV have launched the F.I.R.E Web3 Scholarship to nurture the next generation of blockchain innovators. Up to 20 technology students from six top universities will receive full semester tuition support, access to the F.I.R.E Mentorship Lab with industry experts, and roles as Student Ambassadors in global Web3 networks.
The F.I.R.E Web3 Scholarship bridges academic excellence and practical blockchain experience. Eligible students from ITS, UBAYA, UC, BINUS, UI and UMN can apply through November 30, with recipients announced on December 11. The program includes structured mentorship, innovation project support and hackathon opportunities to accelerate careers in the digital economy.
Leveraging TRIV’s decade-long local presence and MEXC Foundation’s global education initiatives, the F.I.R.E Web3 Scholarship strengthens Indonesia’s blockchain talent pipeline. By investing in human capital and fostering Web3 innovation, the program aims to position graduates as bridge-builders between academia and the global blockchain ecosystem.
Neutral
F.I.R.E ScholarshipWeb3 EducationBlockchain ScholarshipIndonesiaMEXC Foundation
Cambodia’s Prince Holding Group filed a formal statement via Boies Schiller Flexner LLP on November 11, flatly denying involvement in any illicit activity and condemning the U.S.-led $15 billion Bitcoin seizure as illegal. The announcement asserts that neither Prince Group nor its founder Chen Zhi participated in fraud, money laundering or forced-labor schemes. In October, the U.S. Department of Justice indicted Chen Zhi on charges ranging from wire fraud to human trafficking, while the Treasury labeled the firm a transnational criminal organization, freezing assets worldwide. Prince Group has also submitted an emergency motion to the U.S. District Court for the Eastern District of New York, demanding detailed blockchain tracing evidence to justify the Bitcoin seizure. The group claims most of the 12,700 BTC were stolen during a 2020 hack and that federal authorities have had ample time to trace the funds since July 2024. Outcome hinges on the U.S. government’s ability to prove on-chain links between seized Bitcoin and alleged crimes.
Bearish
Prince GroupBitcoin SeizureUS SanctionsBlockchain TracingLegal Defense
Astar has unveiled its Evolution Phase 2 roadmap, prioritizing scarcity, stability and community participation. Key milestones include a Burndrop proof-of-concept in H2 2025 and a full Burndrop event in 2026, allowing ASTR holders to burn tokens in exchange for future allocations. The network will launch Tokenomics 3.0 with a hard cap of 10.5 billion ASTR and emission decay mechanics, subject to governance approval by early 2026. The Startale App will be integrated as a unified “super-wallet” for ASTR management, governance and ecosystem tools. Cross-chain support will be expanded through Polkadot’s Plaza from late 2025, enabling staking, liquidity provision and governance across Ethereum, Polkadot and Soneium. Astar will also roll out a Community Program in H2 2025, including ambassador and governance fellowships, before transferring foundation functions to on-chain governance by mid-2026. This evolution cements Astar’s commitment to fixed supply, transparent tokenomics and multi-chain interoperability.
On November 26, Coinbase delisting will remove five underperforming tokens—CLV, EOS, LOKA, MUSE and WCFG—after a regular asset review cited low liquidity and limited developer activity. The decision comes amid increased regulatory scrutiny and aims to uphold platform standards. Prices plunged on the announcement, with MUSE tumbling 24%, LOKA down 13% and WCFG off 9%. EOS, rebranded as Vaulta, fell over 15% and has lost 97% from its peak. Coinbase delisting typically reduces market access and trading volumes for affected tokens. At the same time, Coinbase is scouting new listings—BNKR, JITOSOL and MPLX—signalling a focus on institutional-grade assets and market consolidation. Traders should monitor short-term volatility and shifts in liquidity.
Ethereum price is under pressure as trading activity and investor demand weaken. Over the past 24 hours, Ethereum price fell about 3% to around $3,448, trading 30% below its August all-time high. Ethereum’s 24-hour trading volume dropped 12%, while derivatives volume slid 7.5% to $74.95 billion and open interest fell 3.4% to $38.74 billion. On-chain data from DeFiLlama shows monthly DEX volumes on Ethereum dropped from $128 billion in August to $99 billion in October, and total value locked slipped from $85 billion to $75 billion. U.S. spot Ethereum ETF providers recorded $107 million in outflows on Nov. 11, versus $532 million inflows into Bitcoin ETFs. Technical indicators remain cautious: the MACD is negative, RSI sits at 40, and support lies at $3,300 and $3,150–$3,200, with resistance near $3,520–$3,700.
Uniswap price surged 117% from $4.73 to $10.30 after breaking out of a descending channel that had persisted since mid-August. The rally was driven by the “UNIfication” governance proposal, which would enable protocol-level fees for v2 and v3 pools and allocate roughly $38 million monthly to UNI buybacks. Uniswap price retains bullish bias as EMA9 crossed above EMA21 and trading volume spiked. Despite a slight pullback toward the $8.15 support level (0.618 Fib), volume remains elevated. The proposal’s 22-day voting process began on Nov. 11 and is expected to conclude around Dec. 3, potentially reinforcing positive momentum.
Bitcoin has approached a significant inflection point following a break of its 4-hour trendline, with $107,000 identified as a key resistance. The US government’s reopening may inject fresh liquidity via resumed Treasury operations and bond auctions. Upcoming CPI and PPI releases could trigger volatility, but a favorable outcome combined with rising US equities might fuel a sustained Bitcoin rally. Technical indicators reinforce the bullish outlook: the 4-hour Stochastic RSI has crossed up from oversold, confirming a trend breakout, while the daily chart shows price channeling between long-term trendlines. On the 2-week chart, extended Stochastic RSI cycles suggest momentum for further upside, with historical cycles delivering rallies between 70% and 194%. Applying the smallest 70% gain from a ~$100,000 base targets $170,000, while a 100% surge points to $200,000. Traders should watch the retest of the bottom 8-year trendline and the $107,000 resistance for entry opportunities.
Global energy investments are increasingly moving from fossil fuels to renewable sources, driven by environmental goals and the pursuit of sustainable long-term returns. Stakeholders are under growing pressure to address climate change and realign portfolios with eco-friendly strategies. Traditional energy firms are responding by adopting wind, solar and hydroelectric technologies, innovating business models and collaborating with public and private partners. Governments worldwide are enacting supportive policies, and financing for renewable projects is rising. While risk factors persist—such as regulatory changes and technology adoption—industry consensus points to renewable energy as both an environmental necessity and a profitable opportunity.
Binance Futures has added two new USDT‐settled perpetual futures pairs, CLANKER/USDT and BEAT/USDT. CLANKER launched at 12:00 UTC on November 12 with up to 50× leverage. Fifteen minutes later, BEAT went live offering 40× leverage. Both tokens are already trading on Binance’s Alpha Market.
These perpetual futures let traders hold positions indefinitely, removing contract expirations and rollovers. Binance Futures will support multi-asset margin mode and contract copy trading within 24 hours. Fee promotions on new listings may further boost trading volume.
High leverage can amplify gains but also magnify risks. Traders should apply strict risk management and start with smaller positions amid initial volatility. New futures listings typically drive higher liquidity and volatility, offering more diversification for crypto derivatives traders.
Overall, launching CLANKER and BEAT perpetual futures underscores Binance Futures’ commitment to expanding its crypto derivatives lineup. Global traders can access these contracts on desktop and mobile. Monitor funding rates, volume trends and set clear entry and exit points to navigate market movements.