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According to the Financial Times, an official from a department of the People’s Bank of China said recent monitoring found that Solana had placed advertisements in Shanghai’s Lujiazui through domestic entities, promoting virtual currencies under the guise of brand marketing. The PBOC has joined local financial regulators, public security and market regulation authorities in calling off the Solana Accelerate China 2026 in-person events originally planned for Shanghai and other locations, and will investigate the entities and individuals involved with the relevant departments. The official said

Wu learned that the Central Bank of Nigeria (CBN) issued the “Regulations on the Operation of Virtual Assets Other Than Securities,” establishing a licensing and regulatory framework covering stablecoin issuance, payments, exchange, custody, and virtual asset service providers. The regulations classify stablecoins as naira-pegged or foreign-currency-pegged, require issuers to hold the relevant licenses, and mandate fully backed reserves plus an additional 2% overcollateralization buffer. Naira stablecoin issuers must hold at least 20% of their reserves with the central bank. The regulations pr

According to Digital Asset, South Korean crypto exchange GOPAX announced on November 6 that, following recommendations from financial regulators, it would transfer all user crypto assets to cold wallets and temporarily suspend trading, deposits, and withdrawals to strengthen security and protect user assets. GOPAX suspended crypto deposits and withdrawals at 13:55 Beijing time and trading at 14:53, and canceled all unfilled orders. Regular online withdrawals are currently unavailable, but users can still submit individual withdrawal requests via customer service email, which will be manually p

Wu Blockchain learned that, according to CryptoRank data, prediction market trading volume reached a record $123 billion in October 2026, up 57.5% month over month and more than double the August figure. Sports prediction markets accounted for about $26 billion in volume, while crypto-related markets accounted for about $14 billion. Driven by the U.S. midterm elections on November 3, political prediction market volume exceeded $800 million, up 43% month over month. Kalshi led all major prediction market categories except politics.

Digital Asset reports that Mastercard has obtained two U.S. patents covering cryptocurrency transaction preprocessing and private transaction processing, respectively. The first technology analyzes the on-chain histories of both parties before an actual transfer, simulates changes in users’ wallet risk scores after the transaction is completed, and helps identify potential money laundering and risks associated with illicit funds.
The second technology protects transaction privacy while preventing double spending by limiting the visibility of transaction information and having a central authori

According to Bitquery on-chain analysis, from October 5 to November 4, 43 associated receiving addresses transferred at least 4.06 million USDT from 365 TRON wallets. The analysis also found that addresses linked to the network transferred assets worth at least $103k from 65 wallets across eight chains: Ethereum, BNB Chain, Base, Arbitrum, Optimism, Polygon, Avalanche, and Solana. The 43 TRON receiving addresses were financially linked to the wallet that paid fees for the same payment network, but on-chain records cannot prove that all the thefts were carried out by the same group.

According to Bitquery on-chain analysis, from October 5 to November 4, 43 associated receiving addresses transferred at least 4.06 million USDT from 365 TRON wallets and assets worth at least $103k from 65 wallets across eight chains: Ethereum, BNB Chain, Base, Arbitrum, Optimism, Polygon, Avalanche, and Solana. These receiving addresses are financially linked to wallets that paid fees to the same payment network, but on-chain records cannot prove that all the thefts were carried out by the same group.

Wu Blockchain learned that Immutable announced plans to migrate Immutable Chain from a customized version of Geth to an Ethereum Rollup based on OP Stack in mid-2027, while preserving the existing chain state and chain ID. Accounts, balances, contracts, and authorizations will carry over automatically, with no action required from the vast majority of users and developers. After the upgrade, block times are expected to decrease from 2 seconds to 1 second; transaction costs will rise slightly, and native withdrawal times will be extended to about 7 days. Block production is expected to pause fo

Wu Shuo learned that, according to SoSoValue data, on November 5 (U.S. Eastern Time), spot Bitcoin ETFs saw total net outflows of $430 million, led by Fidelity’s FBTC with net outflows of $200 million. Spot Ethereum ETFs saw total net outflows of $99,967,700, led by BlackRock’s ETHA with net outflows of $75,203,000.

Wu learned that blockchain analytics firm Chainalysis disclosed in an updated security incident notice that the names, usernames, password hashes, and valid authentication tokens of all users had been exposed to attackers, while plaintext passwords of some customers were also leaked through another attack method. After detecting unusual activity, the company suspended KYT transaction monitoring, address screening, and login services, and required all users to reset their passwords and, if necessary, replace their API keys. Chainalysis first disclosed on October 30 that it had been hacked by at

According to Singapore’s CNA, Singapore police arrested 44-year-old Singaporean Chen Xiuling (also known as Karen Chen) at Changi Airport on November 5. She had served as a director of several Singapore-registered companies believed to be beneficially owned by Chen Zhi, founder of Cambodia’s Prince Group, and is expected to be charged in court on November 6 with abetting the falsification of accounts and attempted cheating. Police also disclosed that since June 2026, they had issued prohibition-of-disposal orders on 14 additional properties and seized multiple bank and securities accounts invo

According to The Wall Street Journal, Democratic Senator Elizabeth Warren, a longtime advocate of tighter crypto industry regulation, is expected to become chair of the U.S. Senate Banking Committee next January, gaining broader authority to oversee the financial industry and issue subpoenas.
The report notes that her initial priorities may include investigating alleged insider trading in prediction markets, reviewing consumer protection measures at crypto companies, and investigating alleged conflicts of interest involving Trump and his family members. Warren’s appointment as chair has not be

According to Red Star News, a Tsinghua University graduate was targeted in a telecommunications scam lasting nearly 45 days while studying at University College London (UCL) in the UK. The victim said the scammers impersonated the Chinese embassy, cyber police and Interpol, claiming the victim was under investigation for money laundering. They required the victim to stay on video calls all day and limit their social contact, persuaded them to buy cryptocurrency and transfer it to a designated account, and asked them to obtain money from their family.
The scammers also forged documents related

Onchain Lens monitored that Tron Inc bought approximately 156,600 TRX today, worth about $49,900; it bought approximately 1.08 million and 4.53 million TRX over the past 7 and 30 days, respectively. Its treasury currently holds approximately 722.27 million TRX, worth about $223.92 million.

Bitcoin Core developer Cory Fields proposed a “quantum mine” concept: holders could preemptively hide proof of ownership; if someone tries to transfer BTC vulnerable to quantum attacks, they must first provide an equal amount of BTC as collateral, with both parties’ assets locked during a waiting period. The original holder can present proof during this period, reclaim the assets, and receive the other party’s collateral. Fields said this remains a thought experiment contingent on Bitcoin first having quantum-resistant wallets, and the rules for implementing it have yet to be drafted; genuine

WuBlockchain learned that Takenos, a Latin American stablecoin financial platform, announced the completion of a $7 million seed round extension led by North Island Ventures and Road Capital Management, with participation from existing investors including Variant, Lattice, and Reverie, bringing its total funding to $12 million. Takenos said it currently operates in 6 countries and processes more than $5 billion in annual transaction volume; the new funding will support its expansion to more than 15 countries across Latin America by 2027.

Wu Blockchain learned that the Trump family-backed crypto project World Liberty Financial (WLFI) announced plans to launch a new WLFI token buyback program, with initial funding potentially including fee revenue generated from USD1 stablecoin reserves and other sources. WLFI said the buybacks aim to encourage holders to actively participate in governance and further concentrate voting power among long-term holders. The project plans to make buybacks part of its long-term strategy, with the size and pace of future buybacks adjusted based on ecosystem growth and governance participation. No spec

According to The Nikkei, Chainalysis data shows that North Korean hackers were involved in 89% of reported crypto asset theft incidents in 2026, up from 15% in 2021. North Korean hackers are increasingly using generative AI to create fake documents and impersonate technical staff, and the South Korean government estimates that more than 8,000 people are involved in related operations run by North Korean authorities.

Wu Blockchain learned that India’s Enforcement Directorate (ED) announced on November 5 that its Chennai Zonal Office arrested Roshan Fiaz and Ammar on October 30 for allegedly laundering funds from online fraud through a network of bank accounts and cryptocurrency. The investigation found that the criminal network was linked to more than 600 cybercrime complaints across multiple Indian states, involving criminal proceeds exceeding $45 million. The criminals obtained funds through scams involving fake investments, recruitment, and stock trading, then layered the transfers through a large numbe