Circle moves USYC fund into longer-dated US Treasury bills
Circle moves the fund behind USYC into longer-dated Treasury bills while retaining USDC subscriptions, redemptions and existing token arrangements.
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Cardano core teams near autonomy as IOG names latest partners
Input Output Group has named Serokell and AlwaysTrue as the latest organizations taking on Cardano engineering work, as the company says its core teams are taking the final steps toward autonomy. IOG described the teams as taking their “final steps…
Coldcard’s $116M exploit sparks fresh clash over NVK’s defense
Coinkite CEO NVK has reignited debate over Coldcard’s $116 million seed-generation exploit by defending its security reviews and arguing that a new AI model found a defect human reviewers missed. NVK, posting on X on Nov. 9, said the work…
Elysium launches as Hypesium offers rewards for promotional posts
Elysium has launched its Hyperliquid-focused layer-2 network as Hypesium, a Telegram trading bot built for the chain, which has drawn promotional posts advertising 1,500 USDT and a token allocation for content creators. Elysium launches with HYPE gas and KNTQ buybacks…
Acala and Karura plan February 2027 shutdown as liquidity dries up
Acala and its sister network Karura have proposed shutting down on Feb. 10, 2027, after seven years of development, citing insufficient DeFi liquidity across Polkadot and Kusama. Acala’s team outlined the proposed closure in a community letter, saying both networks…
Binance founder CZ calls 335M-record theft claim “fake/scam”
Binance founder Changpeng Zhao has dismissed a claim that 335 million user records were stolen as “obviously fake/scam,” challenging the alleged seller’s decision to offer private keys for $900,000 instead of using them to take funds. CZ, responding on X…
Super League buys 16 BTC for $1.23m as purchase sizes double
Super League Enterprise has bought 16 Bitcoin for roughly $1.23 million, doubling the size of its previous purchase as it continues building a treasury ahead of a proposed investment from Metaplanet. Super League’s Nov. 9 disclosure states that the Nasdaq-listed…
Cosmos moves IBC to Linux Foundation with Google Cloud backing
Cosmos has announced the contribution of its IBC cross-chain protocol to LF Decentralized Trust, with Google Cloud and the Cardano Foundation supporting an effort to build an open standard for connecting financial networks. Cosmos said in its Nov. 9 announcement…
Bitcoin faces $65K risk as AI losses threaten forced selling, Hilbert CIO says
Hilbert Group’s Russell Thompson has warned that Bitcoin could fall toward $65,000 if key support breaks, as losses in AI and chip stocks threaten to force investors to sell crypto to meet margin calls. Hilbert Group’s chief investment officer, in…
Solana publishes 11 startup ideas spanning AI and housing futures
Solana has shared 11 startup ideas, including housing futures, AI, stablecoin payments, and tokenized collectibles, with grants and support available through its Builder Program. Solana’s startup list, introduced on Nov. 9, draws on ideas from ecosystem participants asked what they…
Binance hack launderers use memecoins to move $430K, Elliptic says
North Korea-linked launderers have created throwaway memecoins to move roughly $430,000 from the $6.4 billion Binance hack through decentralized exchange pools, according to Elliptic. Elliptic, in a Nov. 9 report by Tom Robinson, said the operators minted FUK, OLCCL, MEILI,…
China unifies blockchain and AI filings as two old systems close
China has launched a unified national filing platform for blockchain, generative artificial intelligence, algorithms, and deep synthesis services, bringing four technology categories into one system as two older portals close. The Cyberspace Administration of China said in its Nov. 9…