Coinbase has received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a federally chartered national trust bank, allowing the cryptocurrency exchange to expand its federally regulated digital asset custody business. The OCC’s official application records show that Coinbase National Trust Company moved
Binance Chief Financial Officer Kaiser Ng is leaving the cryptocurrency exchange, with former Airwallex finance executive Justin Yek taking over the position. The leadership change was announced on November 7, shortly after Binance disclosed a security breach involving approximately $6.3 billion in stolen cryptocurrency. Binance co-CEO Yi He said Ng
U.S. Senator Richard Blumenthal has given Binance, Tether and two cryptocurrency companies linked to President Donald Trump until January 4, 2027, to hand over records requested as part of ongoing Senate investigations into alleged financial misconduct and potential conflicts of interest. Blumenthal announced the deadline on November 5, saying the
China’s central bank has confirmed that authorities stopped a planned Solana event in Shanghai and will investigate the companies and individuals involved in promoting the blockchain network in the country. A People’s Bank of China (PBOC) official said on November 6 that Solana had used domestic companies to advertise its
Zcash has activated its NU7 network upgrade on mainnet, introducing faster block production and changes to how transaction fees support the network’s long-term security. The upgrade went live at block height 3,543,405 on November 6 at 02:34 UTC, according to blockchain tracking data. It reduces the target time between blocks
Hyperliquid Strategies (NASDAQ: PURR), one of the largest corporate holders of Hyperliquid’s HYPE token, has applied for U.S. regulatory approval to handle customer accounts for perpetual futures markets built on the network. The move comes as the company reported $620.6 million in net income for the third quarter of 2026.
South Korea plans to push back its cryptocurrency tax by another two years, moving the proposed implementation date from January 2027 to January 2029. The government announced the plan on November 5, citing gaps in overseas transaction reporting and the need for more time to prepare its digital asset regulatory
India’s cybersecurity agency CERT-In has issued a critical warning about an active hacking campaign targeting cryptocurrency exchanges and financial institutions, with attackers using artificial intelligence (AI) tools to steal wallet keys and transfer funds. In its November 4 advisory, identified as CIAD-2026-0058, the Indian Computer Emergency Response Team named the
Polygon is considering a hard fork that would transfer approximately 70.49 million POL, worth around $6.5 million at the reference price used in the proposal, from five blocked addresses to recovery wallets designated by Binance and Polymarket. The Polygon Improvement Proposal (PIP) was published on the network’s community forum on
FinChain, a crypto-finance platform incubated by Fosun Wealth Holdings, has partnered with institutional open finance platform Plume to launch FLEX & FINO, a leveraged yield strategy targeting annualized returns of up to 7.2% on its FUSD real-world asset (RWA) token. Announced on November 4, the product combines income from tokenized
