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On-chain detective ZachXBT stated that the $16 billion in illegal transactions involving the cryptocurrency exchange MEXC, as pointed out by the U.S. Financial Crimes Enforcement Network (FinCEN), may be overstated. He noted that MEXC's past anti-money laundering and customer identification policies have been relatively lax, but he hopes to see relevant data, the proportion of suspected illegal transaction amounts to MEXC's total trading volume, and comparisons with other exchanges.ZachXBT also questioned why some offshore exchanges, which have almost no business in the U.S., quickly cut off channels for MEXC users to transfer assets, and who these measures are actually protecting.

According to a report by crypto.news, the International Monetary Fund (IMF) suggested in a technical assistance report released on November 6 that Kenya should require cryptocurrency platforms to collect, verify, and transmit the identity information of senders and recipients in regulated transfers, including names, account information, addresses, identification numbers, and wallet information, thereby introducing the "Travel Rule."The IMF stated that Kenya has a "significant gap" in international information sharing requirements for cryptocurrency transactions and recommended that relevant obligations be incorporated into its Virtual Asset Service Provider (VASP) regulations or other appropriate legal documents as soon as possible. The Kenya Virtual Asset Service Provider Act came into effect in November 2025 and is regulated by the Central Bank of Kenya and the Capital Markets Authority in their respective sectors.

Financial technology company GTN announced the appointment of former Gemini executive Mark Jennings as the Global Head of Digital Assets. Jennings will be responsible for GTN's tokenized securities strategy, leveraging its global market access capabilities to help the platform bring traditional assets on-chain.Previously, Jennings served as the Chief Executive Officer of Gemini's European operations, overseeing the exchange's expansion in Europe. Earlier, he held several executive positions at Kraken, including serving as the Chief Executive Officer of its institutional derivatives trading platform Crypto Facilities.

The non-profit research organization Ethlabs stated that the EIP-8037 and EIP-8038 in the Ethereum Glamsterdam upgrade involve adjustments to Gas costs and billing mechanisms, which may affect some already deployed smart contracts. Ethlabs recommends postponing modifications to the upgrade specifications or determining the fork date for the Hoodi testnet until the results of external audits are published and the relevant impacts are clarified. The final decision will be made by the Ethereum Core Developers Meeting (ACD).The two external audits commissioned by the Ethereum Foundation from ChainSecurity and Dedaub are expected to be published before November 16. On the same day, a public Q&A will be held during the ACD testing meeting. The ACD executive meeting on November 19 is expected to discuss the audit results and may decide whether to modify the upgrade specifications.Glamsterdam aims to increase the Ethereum Gas limit per block from 60 million to 200 million. Ethlabs pointed out that adjustments to Gas costs may affect contracts and tools with hardcoded operational costs, and changes in the billing mechanism may also cause some deployed contracts to exhibit unexpected behavior. For example, after an internal call rollback, the remaining Gas returned by gasleft() may actually increase, affecting the contract's judgment on whether the call failed due to Gas exhaustion.

Elon Musk stated on social media that Grok 4.8 has entered the reinforcement learning phase and plans to roll out a limited gray release to Bot users later this week.Grok 4.8 has rewritten the tech stack using C/C++, and training and supervised fine-tuning have been completed, with evaluation metrics beginning to improve.

The crypto platform Walt announced the launch of an independent application, expanding its business beyond Telegram after operating as Wallet in Telegram for nearly five years. Walt was renamed from Wallet in Telegram on September 28, stating that the product has exceeded the initial wallet functionality. The new application provides users with an independent entry for trading and investing, while the original Telegram product can still be accessed using the same account. Existing users can log in with their Telegram accounts, and new users can register via Telegram, Google, or Apple.According to its official website, Walt offers over 200 cryptocurrencies, more than 100 tokenized U.S. stocks and ETFs, as well as perpetual contracts linked to cryptocurrencies, metals, and energy, and provides yield products on assets such as stablecoins, Gram, Solana, Ethereum, and Tron. Walt users can transfer cryptocurrencies to other Telegram users for free; on-chain transfers to external wallets require payment of standard blockchain network fees and service charges, for example, sending any amount of USDT on the TON network requires a fee of 1 USDT.Walt CEO Andrew Rogozov stated that Walt initially started as a simple bot for purchasing cryptocurrencies, but has now evolved into a complete investment platform used by tens of millions, having previously built crypto products within Telegram and now opening up to everyone. Prior to the release of this independent application, Walt launched AI-assisted perpetual contract trading through Mira, ChatGPT, and Claude on October 20, which can read real-time perpetual contract prices, analyze positions and risk exposure, and open and close positions. Order execution is set to default to closed, and the agents cannot withdraw or transfer funds.