Crypto Markets & On-Chain Ecosystem Developments

US Bitcoin spot ETFs recorded a net outflow of $95 million on November 10 (US Eastern Time), according to data from Farside. Over the most recent 5 trading days spanning November 4 to November 10, cumulative net outflows reached $1.0635 billion. The outflows occurred amid broader market movements, w

Son Sun-young, director of foreign exchange analysis at South Korea's Ministry of Economy and Finance, announced at a Nov. 11 seminar that the government will establish stablecoin circulation rules after the Digital Asset Framework Act is enacted. Speaking at the "Stablecoin Era and the Future of

Roland Berger partner Kim Eun-young said on Nov. 11 that South Korean financial institutions should prioritize distribution networks over issuance for won-based stablecoin businesses to succeed. Speaking at a seminar titled 'The Stablecoin Era and the Future of Cross-Border Payments in South Korea'

Shin Hyun-song, Governor of the Bank of Korea, was appointed Chair of the Committee on Payments and Market Infrastructures (CPMI) on the 11th, becoming the first Asian to hold this position. CPMI, a body under the Bank for International Settlements (BIS), establishes international rules for

According to Lookonchain, trader Aguila Trades opened a 40x leveraged Bitcoin long position worth $25.16 million today, holding 340.45 BTC with a liquidation price of $73,009. The position comes after the trader incurred a cumulative loss of $547,000 over the past week, when 18 BTC trades were

According to Cointelegraph, Initia disclosed that attackers exploited leaked cloud credentials to breach its system and forge withdrawals across five Rollups.

According to ChainCatcher, prediction market platform Kalshi launched a $1 million research grant program supporting up to 50 independent studies analyzing the 2026 U.S. midterm elections using prediction market data. Eligible participants can submit applications by November 19 at 12:59 PM Beijing t

According to South Korea's National Assembly Finance Committee, on November 11, the committee opposed a proposed bill to increase the basic deduction for virtual asset income from 2.5 million Korean won to 50 million won, arguing it violates the "broad tax base, low tax rate" principle. The committ

According to Lookonchain monitoring on November 11, trader AguilaTrades opened a 40x leveraged long position of 340.45 BTC (approximately $25.16 million) with a liquidation price of $73,009. The move comes after the trader completed 18 BTC transactions over the past week with a 33% win

South Korea's National Assembly Finance and Economy Committee raised concerns today (November 11) about a proposed loss carryforward deduction system for digital asset investments, warning it could amplify speculative behavior. According to

According to Cointelegraph, Sui's Suiball hardware wallet has halted operations and will refund all pre-orders in USDC. The Sui Foundation decided not to support the project following a series of hardware wallet attacks, citing excessive project

According to PANews, on November 11, Bitcoin Runes trading and liquidity platform radFi announced plans for a phased shutdown, citing inability to commit necessary resources for long-term development. Effective immediately, all liquidity pool activities face rate limits: single transactions capped a

Lee Eun-jin, Ripple's Asia-Pacific sales director, said on Nov. 11 that about $30 trillion in assets is projected to move on-chain by 2030. Speaking at the seminar 'The Stablecoin Era: The Future of Cross-Border Payments in South Korea' at Yeouido Post Tower, Lee called for interoperability

According to Trader T, Bitcoin spot ETFs in the U.S. saw net outflows of $95 million yesterday (November 10). BlackRock's IBIT led outflows with $78.24 million, followed by Fidelity's FBTC with $36.79 million outflows. Morgan Stanley's MSBT recorded net inflows of $20.03 million.

Senator Cynthia Lummis rebutted Elizabeth Warren's crypto skepticism in an X post on November 10, defending digital assets with specific use-case claims. Lummis argued that big banks charge nearly 15% to send $200 overseas and that payroll processing in the United States takes five days on

The Korean government stated on November 11 that even if digital asset income taxation is delayed by 2 years, the tax data submission obligations for virtual asset operators must be enforced early, according to National Assembly Finance and Economy Planning Committee review materials for the 2026 re