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Aave Pro has launched the collateral swap feature for Aave V4's Ethereum, Base, and Avalanche markets, allowing users to change collateral assets without having to close their positions.

The U.S. Commodity Futures Trading Commission (CFTC) has approved the first batch of perpetual futures contracts linked to U.S. individual stocks, allowing such products to be listed and traded on regulated exchanges in the U.S. for the first time.This means that U.S. investors will be able to trade individual stock perpetual contracts through regulated markets, further expanding the crossover between traditional stocks and the cryptocurrency derivatives market.

According to Cointelegraph, the Moscow Exchange plans to launch trading for Bitcoin, Ethereum, and Tether's USDT on December 1, calling it Russia's first organized digital currency market.The exchange stated that pilot trading will begin simultaneously as participants gradually access the platform, with trading relying on its existing stock market infrastructure and clearing completed through the National Clearing Center (NCC). Trading hours will be from 6:50 AM to 11:50 PM Moscow time, initially supporting same-day and next-day settlements as well as swap trading. Non-qualified investors must pass a test before purchasing cryptocurrencies, and each brokerage has an annual purchase limit of 300,000 rubles (approximately $3,700).The plan is advancing based on a cryptocurrency law in Russia, the main provisions of which took effect on September 1. This law allows regulated trading but still prohibits the use of cryptocurrencies for payment of goods and services within Russia. The Moscow Exchange and NCC have been under U.S. sanctions since June 2024, with the UK also imposing sanctions that year, and the EU listing them on the sanctions list in July 2026.Sergey Mendeleev, founder of the Russian cross-border payment platform Exved, told Cointelegraph that he doubts the market will attract significant demand and questions who would trade at a sanctioned exchange.He expects the trading conditions to lack competitiveness, comparing it to the precious metals accounts of Sberbank, and warns that investors may face "extremely outrageous spreads," believing that the product is completely unattractive to ordinary non-qualified investors. However, he is optimistic about its cross-border payment potential, stating that a venue allowing importers and exporters to buy and sell cryptocurrencies directly would be welcomed, but whether adding intermediaries is competitive in a market where traders negotiate spreads as low as 0.05% remains questionable.

According to a report by South Korea's News1, industry sources say that the Financial Services Commission (FSC) of South Korea held an emergency security inspection meeting on November 2 with major cryptocurrency exchanges and custodians, using the Binance theft incident as an opportunity to discuss increasing the proportion of cold wallet custody at exchanges. The current proposal is to raise this proportion from the 80% stipulated by the existing Virtual Asset User Protection Act to around 99%, which is maintained by some large exchanges.It is reported that the cold wallet custody ratio of Upbit user assets exceeds 99%, Bithumb is about 94%, Coinone is 85%, and exchanges like GOPAX are just above 80%. Industry insiders warn that increasing the ratio will reduce the assets available for immediate withdrawals in hot wallets, which may lead to withdrawal delays and increase the operational burden on small and medium-sized exchanges. In August of this year, Bithumb experienced delays of about 13 hours for withdrawals of some altcoins due to insufficient hot wallet balances. This proposal is still under discussion and has not yet been finalized.

Binance founder Zhao Changpeng responded for the first time to the incident of approximately $6.3 billion being stolen from Binance during an interview with Talking Tokens, stating that all hacking attacks are preventable and that a long period without security incidents can lead to complacency in enterprises.He pointed out that the frequency of hacking attacks on cryptocurrency exchanges has risen from about once a month to almost once a week, with AI accelerating the development of attack capabilities, while the industry's defensive capabilities have not kept pace. He called for the cryptocurrency industry to form a security alliance to share best security practices, conduct cross-audits, and achieve rapid coordination in freezing stolen funds, expressing hope to promote the establishment of this alliance.Regarding government cooperation, Zhao Changpeng stated that there has been no communication with Trump or Washington regarding this incident, but he hopes to receive assistance from the U.S. government. He also mentioned that when it comes to communication with North Korea, perhaps only the U.S. and China have the necessary conditions. Speaking about market reactions,Zhao Changpeng noted that on the day Binance was attacked, the decline in the cryptocurrency market was less than that of tech stocks, a situation that is almost unheard of. He believes this is due to Binance's prompt confirmation of user fund security and its ability to provide full compensation.He also revealed that less than 10% of the stolen funds flowed to other centralized exchanges; recently, some hardware wallets have also been attacked, and some users have returned their funds to Binance after comparing the security situations of different platforms. Binance switched from net outflow to net inflow within less than 24 hours based on hourly statistics.Regarding the future of the industry, Zhao Changpeng believes that AI will enhance the security of the cryptocurrency industry and software systems in the medium to long term, and may even detect vulnerabilities in blockchain software before quantum computing can crack the existing encryption systems. At the same time, AI will drive trading speeds far beyond current levels, and blockchain may become the only financial technology capable of supporting such trading speeds. He also reminded retail investors to strengthen the use of asset protection tools and to continuously pay attention to industry security dynamics.

Binance founder Changpeng Zhao stated in an interview, "Typically, after an attack event, some users do choose to withdraw their funds. Some large institutions are required by internal policies to withdraw funds, and some retail investors may follow suit.However, after withdrawing, users face another question: where is it safer to store their money? I personally have not suffered any financial losses on Binance because Binance has absorbed the losses caused by this incident. This event is indeed frightening, but the question is, where can I transfer my funds? Recently, several hardware wallets have also been attacked, including one supply chain attack and another involving the mnemonic phrase generation process. This means that even if users make no operational mistakes and strictly follow all security protocols, purchasing hardware wallets and generating mnemonic phrases, they could still lose all their funds five years later without any fault, and no institution will bear the losses.The first wave of impact has already occurred, and Binance has also been attacked and completed repairs. Next, the second wave of impact may affect smaller platforms, which may not necessarily be more secure. Therefore, some users may initially choose to withdraw, but later realize that they need to manage their mnemonic phrases and store their assets themselves. In fact, less than 10% of the funds flowed to other centralized trading platforms, which means that most of the funds may have been transferred to users' own self-custody wallets. However, using self-custody wallets is not without risks. Users must properly back up their mnemonic phrases and ensure they do not get lost or damaged.In fact, most losses suffered by users when self-custodying assets are not even caused by hacker attacks. Therefore, after weighing their options, users may reconsider depositing their funds back into trading platforms. In fact, within less than 24 hours, we have already seen a change in fund flows. I also saw a tweet earlier showing that the fund flow statistics for the platform have turned into a net inflow on an hourly basis, which actually reflects the strength of the platform and users' trust in it. I believe that in the coming weeks and even months, fund flows will continue to fluctuate. As we mentioned before, if the market re-enters a bull market, we will see more funds flowing in.I believe there are many aspects that need attention. First, the speed of technological development is very fast, especially AI, which is growing at an astonishing rate, and the trend of exponential growth even exceeds people's understanding. Secondly, I believe that the entire cryptocurrency industry is still under-invested in the security field. Frankly speaking, many AI security tools are not yet truly applied in the industry.Therefore, I encourage all practitioners to increase their investment in these areas, including increasing the number of security engineers, introducing more AI tools, and closely collaborating with AI security service providers. I believe these are crucial. For ordinary users, what we call retail investors, I suggest everyone actively learn about different security tools, understand how to protect their assets, and closely follow industry trends and relevant news. Especially at this current stage, all of this is very important."

Binance founder Zhao Changpeng stated in an interview, "After the attack incident, Binance quickly stepped up to clarify that user funds were not affected and user assets are safe. Although this is just a very simple statement, it effectively prevented panic from spreading further and avoided a chain reaction.Everyone understands that this incident will not have further spillover effects. Unlike previous cases where some platforms or lending protocols went bankrupt, ultimately causing users to bear losses, this time users will not be forced to bear related losses. This is fundamentally different from some past events, which often triggered second and third rounds of chain reactions. I believe that, first, this statement calmed everyone down. Secondly, Binance's ability to make such a commitment based on its own credibility also made users willing to believe this statement. After all, many fund flows and transaction records on the blockchain are public and transparent.However, this situation is different; users understand that Binance has sufficient financial strength to bear related losses. Binance has the SAFU (Secure Asset Fund for Users), a futures insurance fund, as well as very strong capital strength and a solid balance sheet. It is this ability to respond quickly, take responsibility proactively, and ensure that all users are protected and all losses are compensated that has gradually restored calm to the market.One interesting point: on the day of the incident, the decline in the cryptocurrency market was actually smaller than that of the tech stock market, a situation that is almost unprecedented. Typically, when the stock market declines, the crypto market often experiences a larger drop, as investors looking to hold cash tend to sell off crypto assets. But this time, even with such a severe hacking attack on the crypto industry, the market decline was smaller. I believe this indicates that investors overall remained quite calm, and it reflects the solid trust in the platform that has been gradually built over the years. I feel very proud of this."

Binance founder Changpeng Zhao stated in an interview, "If we cannot control such security attack incidents, and similar events continue to occur without significant improvement in security protection, then the speed of market adoption will slow down, which will affect the overall popularization process of the cryptocurrency industry.However, overall, I believe that any new technology in its early development stage needs to go through a period of adaptation, which is often accompanied by considerable growing pains. But in the long run, I believe that positive factors will ultimately prevail, and technology will continue to advance over time. I do not know when the industry will hit bottom or when it will reach a turning point. I think we may encounter more problems before the overall situation begins to improve. I hope that day comes soon.We hope the U.S. government can provide assistance in this regard. I believe that whether it is myself personally, Binance as a company, or the entire cryptocurrency industry, we are all very eager to receive support from the U.S. government. If anyone can communicate with North Korea, it is likely to be the U.S. government."

Binance founder Zhao Changpeng stated in an interview, "The theft incident seems to never happen until it actually does, right? But often just before something happens, you overlook some details. Therefore, as long as you invest enough energy and attention, every security incident can actually be avoided. I believe we can learn a lot from this.Without sufficient technological application and market adoption, the tech sector may not receive enough investment. Therefore, market demand also needs to grow in sync, and the two must promote each other. We cannot wait until technology reaches 100% maturity to take action, because technology can never achieve absolute maturity; it is always in a process of continuous improvement.The development speed of AI technology is very fast, but it also brings many problems, such as security issues. In the past, we might see a hacking incident every month or so, but now it could happen every week. Just yesterday, four cryptocurrency trading platforms experienced different hacking attacks.I expect that the frequency and speed of hacking attacks will further increase in the future, as attackers are also leveraging AI more. At the same time, we must also utilize AI technology more to strengthen our defenses. To combat a powerful opponent, sometimes you must possess comparable capabilities.Therefore, we actually need to have AI technological capabilities to respond to these threats. So, there is no so-called perfect timing to wait until technology is fully mature and all security issues are resolved before taking action. Technology and security capabilities are always evolving."

According to a report by The Paper, the People's Court of Xuhui District, Shanghai, sentenced a certain Zong to three years in prison, with a three-year probation, for the crime of illegally obtaining data from a computer information system, and imposed a fine of 40,000 yuan. This case is the first in Shanghai involving the use of AI to forge signatures and misuse large model computing power. Reporters from The Paper learned from the People's Procuratorate of Xuhui District, Shanghai, that by the time of the incident, Zong had illegally accessed the AI platform's interface over 290,000 times, with illegal gains exceeding 34,000 yuan.The procuratorial authorities introduced that in December 2025, after self-learning to access the AI platform's interface, Zong targeted a large model aggregation platform operated by an artificial intelligence company. He found an interface that was not open to the public and built a transit website to resell AI drawing and video generation services at low prices, while actually using the paid computing power of that platform in the background. He used AI to write an automated registration script, batch registering nearly 300,000 free accounts to obtain bonus points for new users, and bypassed IP registration restrictions.In January of this year, after the platform added electronic signature verification, Zong continued to use AI tools to create scripts to forge signatures and persistently call the interface. Two video and graphic design applications under the victim company saw over 4 million accounts registered from the same IP in a short period. After reporting the case in March this year, Zong was arrested. The prosecuting attorney stated that the involved platform had never provided API paid access services to the public, and the user agreement explicitly prohibited automated scraping and bypassing verification.

Lookonchain reported that in the past 10 days, a certain whale deposited 184,200 AAVE into multiple exchanges, worth 25.5 million dollars; additionally, 56,150,000 WLD was deposited, worth 25.85 million dollars.

The Deputy Inspector General of the Cyber Crime Investigation Bureau of Thailand, Siriwat Deepho, stated that the police have received fund flow data related to Shuffle.com from three digital asset exchanges and have formed 80 task forces. They plan to first file cases against players within Thailand and then investigate the overseas operators.During a congressional hearing, lawmakers mentioned that Gulf Binance, which operates Binance TH, discovered two wallets associated with 44 individuals, with related funds moving in and out of Shuffle through over 400 transactions, totaling approximately $113,000. Former Democrat lawmaker Sirichok Sopha indicated that four out of nine Thai digital asset operators have on-chain connections to Shuffle, but this does not imply any wrongdoing by the exchanges.The Special Cases Investigation Bureau of Thailand is assessing whether to classify Shuffle as a special case and plans to invite the Securities and Exchange Commission of Thailand to participate in the investigation. The Ministry of Digital Economy and Society of Thailand stated that Shuffle.com has been blocked nationwide.

According to on-chain analysis platform Lookonchain, the Brazilian cryptocurrency exchange Mercado Bitcoin has been hacked, resulting in a loss of over 46 million dollars, with more than 9 million dollars of stolen assets already frozen.The hackers currently hold a total of approximately 9.2 million dollars worth of altcoins, which may face selling pressure. This includes 37.29 billion PEPE, valued at about 1.79 million dollars; 12,820 AAVE, valued at about 161 thousand dollars; 769,950 PENDLE, valued at about 135 thousand dollars; and 29,830 EVA, valued at about 126 thousand dollars.Additionally, it includes 1.98 million VIRTUAL, valued at about 115 thousand dollars; 147,840 UNI, valued at about 104 thousand dollars; and 2.67 million ONDO, valued at about 103 thousand dollars.

Binance founder Zhao Changpeng added regarding the platform's recovery progress that there is one point that has not been mentioned before, which people might not even think of. Binance did not borrow money, did not sell assets, and did not raise funds; it completely used its own balance sheet to cover the stolen losses, which is different from other events that people have been trying to compare it to.

According to CoinDesk, the New York Stock Exchange (NYSE) announced a partnership with Wall Street financial services giant Broadridge Financial Solutions to provide on-chain governance and digital transfer agent services for its planned tokenized stock trading platform, covering functions such as shareholder record management, investor communication, and proxy voting.In the future, investors will be able to participate in shareholder voting through supported wallets, brokerage platforms, or Broadridge's existing ProxyVote service. Broadridge will help retain the shareholder rights of traditional markets while enabling tokenized stocks to trade on-chain. The company currently serves over 10,000 publicly traded companies worldwide and processes over $150 trillion in securities transaction settlements daily. Previously, Securitize and tZERO have also been included in the transfer agent service layout for the NYSE tokenized platform.

According to The Block, Brazilian cryptocurrency exchange Mercado Bitcoin confirmed a security incident and temporarily suspended user deposits and withdrawals, while stating that customer assets were not affected.Previously, blockchain security company Hypernative detected over $40 million in suspicious transfers across multiple blockchain networks. According to local media BitNotícias, the related abnormal fund flows may be linked to this security incident.