Live Feed

UK-based Griffin Bank said it raised $20 million in a Series B funding round led by Octagon Partners, with participation from Notion Capital, A Plus Ventures and Nordic Ninja. The bank was valued at $100 million. Griffin Bank said it plans to use the proceeds to expand its business and improve profitability, while developing stablecoin reserve asset-related services for corporate clients and pursuing on-chain cross-border payment solutions.

Crypto exchange Backpack (BP) announced a partnership with Minna Bank, a banking unit of Fukuoka Financial Group (FFG), one of Japan’s largest regional financial groups. The two sides plan to pursue crypto-linked digital banking services in Japan using Backpack’s on-chain infrastructure, according to The Block.

A wallet believed to be linked to F2Pool co-founder Wang Chun bought 5,246 ETH worth $10.78 million over the past two days at an average price of $2,054, according to Lookonchain. Lookonchain added that Wang had sold 6,200 wstETH worth $18.5 million about a week earlier, when ETH was near $2,400.

Wallets tied to Citadel Mining, a Bitcoin mining facility linked to Abu Dhabi’s royal family in the UAE, are privately holding about $532 million worth of BTC, according to on-chain analytics firm Hupzy, formerly Spot On Chain, citing Arkham data. The wallets were reportedly identified by cross-checking on-chain mining activity, satellite imagery and official reports from Phoenix Group. Hupzy said the firm’s decision to hold, rather than sell, large mined BTC volumes is reducing circulating supply for now, while any future sales could have a significant market impact.

U.S. exchange Gemini sold its UK and European business units to stablecoin payments company KAST for less than $10 million, CoinDesk reported. Gemini made the move as part of restructuring aimed at cutting costs and securing profitability. KAST, which raised $80 million in a Series A round in March, will gain regulatory licenses and European operating capabilities through the acquisition. Gemini is focusing on reshaping its core businesses, including capital raising and expanding its prediction markets business.

If BTC rises above $75,028, short positions worth $546 million could be liquidated across major centralized exchanges, according to Coinglass data. If BTC falls below $72,049, long positions worth $1.02 billion could be liquidated.

Layer-1 blockchain Kaia announced the release of v3.0.0 to introduce a permissionless hard fork on the Kairos testnet. Kairos node operators must upgrade to v3.0.0 or later before the network reaches block height 233,366,400, which is expected at 2:06 p.m. UTC on Nov. 18.

A U.S. Department of Labor rule proposal that would allow alternative assets including cryptocurrencies in 401(k) retirement plans is likely to make it difficult for altcoins other than Bitcoin and Ethereum to qualify, according to a KuCoin analysis. KuCoin said a draft released in March did not limit the types of cryptocurrencies that could be included or set a minimum market capitalization threshold, but would require plan managers to evaluate six factors: performance and fees, liquidity, valuation, benchmarks, and complexity. While the proposal sets no separate restrictions, KuCoin said smaller-cap altcoins may struggle to meet the requirements.

Personal information from 40 customers of Flybit, operated by Korea Digital Exchange, was leaked externally, Yonhap Infomax reported. The exposed data included customers’ names, resident registration numbers or dates of birth, and contact details. Some records also contained tax-related information. The incident occurred through a business system operated by an outside vendor, not the exchange’s internal trading system. The company began an inspection after detecting signs of an abnormal breach through an email sent by an unauthorized external company, and later confirmed the personal data leak while checking breach-related information with groupware operator Daou Technology, according to the report.

Bithumb announced it will temporarily suspend deposits and withdrawals for ATOM at 9:00 a.m. UTC on Nov. 18 to support the Cosmos network upgrade.

Bitcoin spot demand has improved for three straight days, but overall demand remains weak, crypto analyst Leo Ruga said on X. Ruga said the 30-day estimate combining spot and perpetual futures demand stood at negative 348,000 BTC over the past 10 days, marking the lowest level this month. He said the drop in perpetual futures demand was more than twice the improvement in spot demand, while both indicators remained in negative territory. For now, Ruga said, it remains necessary to see whether the improvement in spot demand develops into a broader recovery in overall demand.

The Coinbase Bitcoin premium index has remained negative for 50 consecutive days, BlockBeats reported, citing CoinGlass data. The index recently stood at -0.13%, while its 30-day average was calculated at -0.15%. The Coinbase BTC premium index measures the BTC price gap between Coinbase and Binance. A prolonged negative reading is generally interpreted as relatively weaker buying interest in the U.S. market or heavier selling pressure, although the indicator alone does not confirm whether institutional funds are flowing out.

Indian cryptocurrency exchange Unocoin denied allegations that all funds on its platform had been stolen, saying no customer assets were lost and the service suspension was a precautionary security measure. The exchange had suspended services after confirming unauthorized access to its server on Nov. 9. According to Arkham data, around 81,000 addresses linked to Unocoin were shown with zero balances, while the official website temporarily returned a 504 error. An investigation into the related on-chain fund movements is underway.

An anonymous hacker is offering 46,000 records and 6.9 GB of data suspected to contain TSMC employee personal information for 3 BTC on the dark web and other channels, Taiwan’s Economic Daily News reported. The hacker also threatened to release the full dataset within a week if no buyer emerges. TSMC has confirmed that some personal information tied to current and former employees was leaked without authorization and said its internal probe has so far found no evidence that the company’s systems were hacked.

Cardano ETF assets under management stand at just $62.6 million, or 0.8% of the token’s market capitalization, The Crypto Basic reported. Based on Cardano’s $6.45 billion market cap, 99.2% of ADA exposure remains outside ETFs, the outlet said, adding the share lags far behind Bitcoin at 7.2% and Ethereum at 5.7%. ADA ETFs had drawn $44 million in inflows through July, but inflows into related products slowed sharply after Grayscale withdrew its spot ETF plan in August, according to the report.

BNB Chain-based decentralized exchange PancakeSwap (CAKE) said it has expanded its policy to give liquidity providers 88% of swap fees across v3 and Infinity pools on eight chains. The newly covered chains are Base, Arbitrum, Arc, Ethereum, Monad, Linea, zkSync and opBNB. The change applies automatically.

U.S. blockchain-based securities trading platform tZERO has received approval from the U.S. Commodity Futures Trading Commission to operate a derivatives exchange, The Block reported. In addition to its existing registration as a derivatives clearing organization, or DCO, the company also secured designated contract market, or DCM, status, enabling it to provide regulated derivatives trading and clearing infrastructure alongside cryptocurrency services.

Tether has invested about $4.8 billion in 13 U.S.-listed companies, Protos reported. The investments included a video streaming platform, a gold royalty business, satellite-related companies and Bitcoin-holding firms, with the largest allocations going to Bitcoin treasury strategy company Twenty One Capital at $1.367 billion and video platform Rumble at $1.328 billion.

Crypto market maker Wintermute has recorded $227.01 million in cumulative profit from perpetual futures trading in ETH, SOL and other assets on Hyperliquid, according to Onchain Lens. Its current open positions total $92.45 million, with about 78%, or $72.45 million, in short positions. Its main shorts include ETH at $13.84 million, SOL at $11.24 million and HYPE at $6.51 million.

Binance’s BTC open interest has fallen 17% to $8.8 billion from $10.6 billion in less than a month, slipping below its 180-day moving average, on-chain analyst Darkfost said. Darkfost said the decline signaled a reduction in leveraged positions across the market, a pattern that typically appears near the end of corrections during bull markets. Darkfost added that a similar signal appeared in June, after which BTC rebounded more than 45% from under $60,000 to above $87,000. The analyst said the recent drop in open interest has coincided with large-scale liquidations, with Binance’s monthly liquidation volume reaching more than $1.4 billion in August, $1.1 billion in September and $1.3 billion in October, the highest levels since 2021. November has already topped $520 million, Darkfost said. Reduced leverage may lower the risk of cascading liquidations and support a market recovery driven by spot demand, according to the analyst.

Decentralized exchange EdgeX said it plans to launch EDGE staking in November. Details on the staking mechanism and specific terms will be announced in a separate post before the launch. As of Nov. 12, 2026, a total of 51,396,762 EDGE bought back and burned by the EdgeX protocol accounted for about 5.13% of total supply and about 14.66% of circulating supply. Going forward, the protocol plans to conduct buybacks quarterly and issue a report after each quarter ends detailing buyback volumes, burn volumes and related on-chain transaction records.

Israeli police arrested five people on allegations they operated an unlicensed cryptocurrency trading service worth about $5 million via WhatsApp, The Jerusalem Post reported. The suspects are accused of trading crypto without regulatory approval and failing to report transaction records to tax authorities. Investigators also found they allegedly used loan agreements to channel funds for crypto trades into bank accounts.

The Litecoin Foundation said the launch of the LitVM mainnet is near. As part of an infrastructure upgrade, LitVM plans to migrate the LiteForge testnet to Zeeve to strengthen its underlying infrastructure and continue developing Litecoin smart contract capabilities. The development team said the move is intended to establish a more stable infrastructure base ahead of the mainnet launch.

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.