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South Korea’s Financial Services Commission said it discussed a plan to allow domestic crypto exchanges to preemptively suspend deposits and withdrawals under certain conditions when a security breach occurs or signs of a possible intrusion, such as abnormal external access attempts, are detected, to prevent user losses from spreading. Under the current Virtual Asset User Protection Act, operators cannot block deposits and withdrawals without just cause, and such measures are allowed only when a hacking incident has clearly occurred. The commission said it plans to issue a non-action opinion so operators can take preemptive steps when hacking or other security breaches are suspected, noting that rapid restrictions are critical to minimizing user losses in crypto security incidents, as seen in cases such as the Binance hack.

India’s cryptocurrency exchange Unocoin may have suffered a hack. The exchange said unauthorized access to its servers occurred on Nov. 9 and temporarily disabled user logins. According to on-chain analytics platform Arkham, 81,000 wallets tracked as linked to Unocoin are now showing $0 in assets. The exchange’s website is also currently displaying an HTTP 504 error page. Onchain Lens said the exact attack method and the route of any fund transfers have not been confirmed.

The Zcash community is pursuing a plan to burn 50,000 ZEC held in its grants fund, equal to about 55% of the fund’s 91,453 ZEC balance as of October, CoinDesk reported. Voting on the proposal will run from Nov. 16 to 30. If adopted and incorporated into a network upgrade, the tokens would be burned within 30 days, while the value of the burned amount would be gradually reissued through future mining rewards. The proposal also includes ending the current structure that allocates 8% of newly issued ZEC to ZCG, the community grants operating organization, and redirecting that share to a new development and legal defense fund.

Sharding-based layer-1 blockchain QuarkChain said QKC ERC-20 trading has fully resumed both on-chain and on Binance. The QKC ERC-20 smart contract is operating normally, Binance has resumed QKC deposits and withdrawals, and QKC on the QuarkChain mainnet was not affected.

LD Capital founder Jack Yi said he remains bullish despite market volatility and has taken profit on his BTC long positions while looking to buy more at lower levels. Yi said he had held off on buying the dip after expecting a stock-market decline as Democrats appeared to have the upper hand in the U.S. midterm elections. He added that he later chased the rebound and bought BTC near $77,000. After BTC stabilized at $80,300, Yi judged that the uptrend had resumed, but BTC then fell further alongside declines in U.S. stocks. He said the long positions were closed for profit, while his spot holdings remain underwater. Yi added that risk management is important because short-term swings are hard to predict, and said he will watch macro conditions including the U.S. stock market and oil market before seeking additional buying opportunities on dips.

Ripple has secured 22 validator votes in favor of launching an XRP Ledger-based lending protocol, leaving it seven votes short of the 29 needed for final approval, CoinDesk reported. Under XRP Ledger rules, a network amendment is activated only if at least 29 of the 35 default validators support it for two consecutive weeks. The lending protocol and its first patch amendment each have 22 votes, while Single Asset Vault, a feature for depositing lending capital, has 23. Both features must meet the approval threshold for the lending protocol to go live. The protocol would allow users to lend deposited tokens such as XRP on an unsecured basis for a set period.

Binance had already identified the risk of attackers using fake job interviews to infiltrate internal systems months before a $6.3 billion hack, Cointelegraph reported. In a July interview, Binance Chief Security Officer Jimmy Su warned that hackers could approach employees with job offers and then induce them to run malware under the guise of a coding test. In September, a Binance software engineer downloaded a malicious coding assignment onto a work computer during a fake interview process, and it was later identified as one of the initial intrusion paths in the large-scale hack that occurred in October. Binance said the malware bypassed security systems using detection-evasion techniques including obfuscation.

U.S. spot Ether ETFs recorded $144.8 million in net outflows on Nov. 11, marking a fifth consecutive trading day of net withdrawals, according to SoSoValue. - BlackRock ETHA: -$129.8 million - BlackRock staking ETHB: -$5.3 million - Fidelity FETH: -$4.1 million - Bitwise ETHW: -$4.8 million - Franklin Templeton EZET: -$0.8 million

U.S. spot Bitcoin ETFs saw a net outflow of $299.8 million on Nov. 11, marking a fifth straight trading day of net outflows, according to Farside Investors. - BlackRock IBIT: -$269.7 million - Grayscale GBTC: -$39.1 million - Morgan Stanley MSBT: +$9.9 million

Addresses believed to be linked to FTX and Alameda unstaked 204,044 SOL, worth about $16.89 million, according to Onchain Lens.

Manta, a zero-knowledge-proof-based Ethereum layer-two network, announced that the window to move MANTA from Atlantic to Pacific will end at 8:00 a.m. UTC on Nov. 16. The project said any MANTA remaining on Atlantic after the deadline cannot be recovered.

Blockstream CEO Adam Back said the current market is in the early stages of a bull run and that he has personally bet Bitcoin will top $1 million by late 2028, when he expects this bull market cycle to end.

BitMEX founder Arthur Hayes may be preparing to buy altcoins at lower prices, according to EmberCN. Hayes deposited 3 million USDC today to OTC platforms Flowdesk and Galaxy Digital. Two weeks ago, Hayes sold various altcoins worth at least $49.25 million and said he would buy back in once prices fell to suitable levels.

Ethereum research and development nonprofit Ethlabs has proposed 2027 as the target year for building Ethereum’s post-quantum and post-AI security framework. In its newly released "pqai27" proposal, Ethlabs said Ethereum should prioritize strengthening base-protocol security in response to advances in quantum computing and AI’s improving ability to identify software vulnerabilities. Ethlabs said the U.S. government has moved up its target timeline for addressing quantum-computing risks to 2030 from 2035, while Google is also pursuing post-quantum capabilities by 2029. The proposal has two phases. The first, "pqai-ready," would complete a post-quantum upgrade of Ethereum’s consensus layer and secure a path for all users to migrate to post-quantum accounts. The goal is to keep the network running, albeit with reduced throughput, even if existing cryptographic systems are broken earlier than expected. The second phase, "pqai-scaled," would support post-quantum transactions and data availability at processing volumes similar to those of ordinary transactions. Ethlabs said this would require post-quantum signature aggregation and post-quantum data-availability technology. To that end, the group proposed reviewing the functional scope of Hegotá, the next hard fork.

BitRiver founder Igor Runets is facing a bankruptcy filing from a bank over a default on guaranteed loan obligations, Russian newspaper Kommersant reported. Russia’s PSB Bank filed the petition with the Sverdlovsk Region Arbitration Court and is seeking 773 million rubles ($9.27 million). The bank said Runets, as a guarantor for BitRiver’s loan, bears joint liability for the overdue debt.

South Korean exchange Upbit announced it will temporarily suspend deposits and withdrawals for Pocket Network (POKT) starting at 11:00 a.m. UTC on Nov. 12 until network stability is confirmed following a Pocket Network upgrade.

A whale wallet dormant for four years deposited 1,000 BTC worth $73.78 million into Binance about eight hours ago, according to Lookonchain. Deposits to exchanges are typically interpreted as a sign of selling intent.

Decentralized exchange Jupiter (JUP) said its Jupiter Bridge Aggregator now supports Elysium, allowing users to bridge assets between Solana and Elysium.

Binance Wallet announced it will end support for the Blast chain at 10:00 a.m. UTC on Nov. 30. After that, Blast-based assets will no longer be viewable in the wallet. Binance said Blast has already shut down operations, meaning balances shown in the wallet may differ from actual holdings, and recommended users manage or transfer their assets before support ends.

South Korean exchange Bithumb announced it will temporarily suspend POKT deposits and withdrawals at 10:00 a.m. UTC on Nov. 12 to support the Pocket Network upgrade.

An address believed to belong to a whale or institution bought 396,811 HYPE worth about $29.29 million across multiple exchanges over the past three days and staked the entire amount, AmberCN reported.

A suspended prison term has been finalized for former Bithumb Holdings CEO Lee Sang-jun, who was indicted on charges of taking a large illegal listing fee in exchange for promising to list a cryptocurrency, The Asia Business Daily reported.

MAX briefly surpassed a $13 million market cap after news spread that Saxon James Musk, Elon Musk’s son, launched the meme coin at 8:00 p.m. UTC yesterday, Odaily reported. Its market capitalization has since fallen to around $5.8 million. It has not been confirmed whether Saxon James Musk directly launched the token.

Two whale addresses that had held Bitcoin for more than a year deposited a combined 1,929.5 BTC, worth about $143.6 million, to centralized exchanges over the past six hours, according to EmberCN. One address transferred 1,000 BTC to Binance after acquiring the holdings about five years ago when Bitcoin was priced at $46,700. Based on the current price, the unrealized gain was about $27.73 million. The other address moved 929.5 BTC to Kraken after acquiring the Bitcoin about a year ago when BTC was priced at $107,125. Based on the current price, the unrealized loss was about $30.36 million.

Nasdaq-listed SOL treasury company Solana Company said third-quarter revenue reached $3.4 million, up about 386% from $700,000 a year earlier. The company said staking income generated from its SOL holdings drove the revenue growth. As of Sept. 30, the company held about 2.4 million SOL worth $288.2 million.