on-chain

Joe Flanagan, co-founder of the on-chain asset management platform Maple, announced his decision to leave Maple. He stated that Maple has been the center of his life for the past seven years, and leading and building this company has been his full commitment. His partnership with co-founder Sid Powell has lasted nearly a decade, during which they built a business that he has always been proud of. Over time, their views on strategy, leadership style, and life orientation have gradually diverged, and these differences are no longer beneficial to the team or the business. He believes it is more appropriate for one co-founder to continue leading Maple forward than to allow these differences to persist and widen.Joe Flanagan stated that as a co-founder, he needs to agree with the decisions he has participated in, the direction he asks others to follow, and the choices for which he still needs to be responsible. He mentioned that he can no longer continue to do so with conviction and loyalty to his own values, and therefore chose to leave rather than continue to support a direction he cannot agree with. He will assist with the transition for the remainder of this year and provide support as requested by Sid and the team, after which he will no longer participate in Maple. He also stated that he has not left the industry and is currently formulating his next steps, which he will share more about soon. Maple officially confirmed that Joe Flanagan will step down as chairman and leave the company, describing this as an orderly transition agreed upon by both parties, with the company's direction remaining unchanged; since 2019, he has helped Maple expand its managed assets to $4.8 billion and its loan issuance to $20 billion.

According to the information on the Liepin page, Tencent is hiring a financial product manager for cross-border payment. The job responsibilities include conducting overseas market research based on distributed ledger technology, digital assets, and designing fee-free capabilities, key custody and recovery based on account abstraction, as well as designing the circulation and exchange logic of fiat currency.The position also requires transforming regulatory rules such as identity verification, anti-money laundering, and transaction information transmission into product processes. The job requirements include over 5 years of experience in wallets, exchanges, payment, or e-wallet products, and familiarity with mainstream public chains, smart contracts, and multi-chain asset management.

According to The Block, Laser Digital, a digital asset subsidiary of Nomura, has partnered with ZIG Finance to launch an on-chain investment product called zEMS Vault, aiming to raise $100 million to provide qualified institutional investors with exposure to a portfolio of loans for small and medium-sized enterprises in Saudi Arabia. The relevant loans are issued through Beehive's lending infrastructure.The vault is deployed on the BNB Chain, and investors can use stablecoins for subscriptions and redemptions. KAIO is responsible for tokenization and the management of the vault's entire lifecycle, with KYC checks performed at both the subscription and redemption stages; Zamanat is responsible for investment structure design and providing Shariah compliance consulting, while Laser Digital serves as the risk framework advisor.zEMS Vault is the first product under the strategic cooperation between ZIG Finance and Laser Digital, and both parties plan to expand this model to other emerging markets and credit strategies.

Trader Ansem posted on platform X, stating that the on-chain market has bottomed out.Ansem mentioned that market sentiment is low, but he is optimistic about the community spread potential of a Solana-based meme coin, believing that avatar culture will aid in community expansion, and social trading applications may also promote increased attention. He referred to this token as his pure meme coin choice for this cycle.

According to on-chain analyst Yu Jin's monitoring, the whale @fiyopi recently opened a long position of 24,500 ETH (worth 50.59 million USD) on Hyperliquid at 2,207.5 USD, currently facing a loss of 3.5 million USD. One of their addresses is named "Machi is ugly dog."

On November 10, 2026, an on-chain investigation reported that the Elysium issuance platform Ascend associated address transferred approximately $140,000 through two privacy pools into three new wallets, and purchased shortly after MONTRA went live. The tokens were sent to the same FOMO wallet, which holds 32,014,541 tokens, accounting for about 3.2% of the supply, and this wallet has no purchase records. MONTRA is the platform token of the Elysium issuance platform Montra, which went live at 00:36 UTC on that day. Ascend co-founder is CryptoTomYT.Route A deposited 40,000 USDC into the Privacy Cash on Solana on November 10, and withdrew an equivalent amount 47 seconds later, exchanging it for 530.57 HYPE, then purchased 6,846,772 tokens and transferred them out. Route B deposited 100,328.25 USDC into the Base privacy pool on November 9 and withdrew an equivalent amount within the same hour. Two new wallets from Route B purchased approximately 25.6 million tokens within about 5 minutes of going live, with launch fees up to 23.2%.The investigation stated that Route A's deposit wallet previously received 27.7 SOL from ethanhates.sol and transferred approximately $66,200 to an address claimed by CryptoTomYT. The first funds for Route B came from an Arkham labeled FOMO account as analyzationz. The remaining 10 new wallets that transferred funds within the same hour, combined with the aforementioned buyers, hold a total of 25.8% of the LAUNCHPAD supply.

According to Bitcoin.com, the activity of dormant Bitcoin wallets significantly increased in 2026. Data from the on-chain analysis platform Checkonchain shows that approximately 227,196 BTC acquired before 2019 were activated in 2026, valued at about $18.358 billion at current prices. Among these, 186,123 coins (81.9%) came from tokens acquired between 2015 and 2018, 27,653 coins came from 2012 to 2014, and only 13,419 coins came from before 2012.Data from Btcparser recorded 873 transactions from dormant addresses between 2010 and 2017 from January to October 2026, totaling approximately 33,932 BTC, with the most activity occurring in the third quarter. Some miner addresses from 2010 were reactivated this year, including 40 addresses transferring 2,000 BTC within minutes on January 10, as well as early miner rewards being transferred on September 5. Additionally, four addresses created in 2016 transferred 500 BTC in March, May, July, and October, showing a regular pattern.

According to CoinDesk, Kimber Labs, operating under the Plume brand, announced that its affiliate Kimber Digital Securities (KDS) has completed registration with the U.S. SEC and received approval for membership from the Financial Industry Regulatory Authority (Finra), becoming a broker-dealer.The company stated that this registration allows KDS clients to access the U.S. securities depository DTC. Once KDS is launched, investors will be able to hold digital rights to eligible stocks, ETFs, and bonds in self-custody wallets while retaining book-entry evidence recorded by DTC. KDS will also support stablecoin applications to provide users with SEC-regulated interest-bearing products, including tokenized shares of funds managed by leading U.S. asset management firms.

Arkham monitoring shows that Upbit's on-chain holdings of DOGE and SHIB are valued at approximately 1.1 billion USD, ranking after its holdings of BTC, ETH, and SOL.

The on-chain data analysis platform Santiment stated that the number of non-empty Bitcoin wallets reached 59.99 million on October 16, and has since decreased by approximately 108,700. Currently, the price of Bitcoin has fallen below $75,000, reflecting that some small holders may be losing patience.Santiment pointed out that a decrease in the number of wallets does not necessarily mean that the actual usage rate of Bitcoin is shrinking. During prolonged market downturns, small traders often panic and merge wallets or liquidate holdings. This phenomenon of retail surrender has historically been a characteristic before significant rebounds in the crypto market. If the number of wallets continues to decline while the price of Bitcoin stops falling, this signal will become more bullish.

According to official news, HIVE Protocol announced that it will officially launch on November 12 at 08:08 (UTC+8). This is an on-chain micro-strategy experiment based on the Web3 framework, aimed at exploring the community-built asset aggregation path for BNB.The protocol is initiated by DBCC (DAOBase Chinese Community), built on BEE, and receives technical and transparency support from DAOBase's "Build on BEE" policy, but it is not an official product of DAOBase. The protocol uses BNB as the core reserve asset and executes through smart contracts, featuring real-time verification of on-chain data, liquidity permission destruction, and mechanism automation, driven by community consensus to promote asset aggregation.According to the project plan, HIVE Protocol has a clear lifecycle, and after completing phase goals, the reserve assets will flow back into the ecosystem. The project positions this experiment as a practice of DAOBase's concept of "not just an aggregation engine for BNB, but also a builder of the BNB ecosystem," and will subsequently be subject to market and community evaluation.

According to GMGN data, the market capitalization of the Meme coin on the BNB Chain briefly surpassed 5 million USD, with an increase of over 51.3% in nearly 1 hour, currently reported at 5.46 million USD.

According to The Block, after conducting on-chain analysis of the Polymarket account dubdubdub2, which was questioned by The New York Times, it was found that the trader has been engaging in large-scale speculation and DeFi trading for a long time, holding relevant election positions until settlement, rather than profiting immediately after the polls were released.Transaction records also indicate that the trader may have continued to place bets 10 minutes after the Nebraska poll was released. Two interviewed experts believe that the existing evidence does not strongly indicate wrongdoing, but it cannot be completely ruled out. Polymarket previously stated that it is investigating.

The Threshold tBTC cross-chain bridge has resumed on-chain operations, but the application still suspends new deposits, minting, and Bitcoin redemptions, and the Aave-related reserves remain frozen.

According to Token Terminal data cited by Arbitrum, its on-chain stablecoin market capitalization increased by 43.6 million dollars during the statistical period, ranking first among the listed public chains.

Aave Labs has acquired the team and technology of Avon to advance fixed-rate lending business. The acquisition includes Avon's fixed-rate and floating-rate lending protocols, on-chain order book, domain name, and related assets, with the financial terms of the transaction undisclosed.According to the agreement, Prince Sinha and Ayush Kaul will join the Aave Labs engineering team, while Omar el-Ashaal will join the business development team. The Avon team will initially focus on fixed-rate lending to help Aave expand the types of loans available to users. Avon's previous research and development also involved interest rate pricing, risk isolation, and lending market design.Aave Labs CEO Stani Kulechov stated that fixed rates are one of the products users have already used in traditional finance, and the Avon team will help Aave serve global institutions, fintech companies, and ordinary users. Aave claims that its network currently has a deposit size of over $30 billion and outstanding loans of over $12 billion.

Blockaid detected that the bridged token DAI.e on the Avalanche chain deviated from its pegged price, with the price in the active decentralized trading pool rising to about 1.1 USD.

Real estate tokenization platform GromaCorp announced the launch of GromaCoin (GRO) on Uniswap v4, which is the first permissioned asset on Uniswap's automated market maker. GRO is paired with USDC, allowing verified investors to buy, sell, issue, and redeem on-chain at net asset value. GRO is an ERC-3643 security token issued on the Base network, with KYC and investor qualification rules embedded at the token level to prevent transfers to unapproved wallets.Each GRO represents a fractional ownership in the Groma Real Estate Trust, which is a regulated real estate investment trust (REIT) in the United States, focusing on multi-family residential properties, with assets primarily located in the Greater Boston and Providence areas. The trust's total asset value is nearly $95 million, with each GromaCoin having a net asset value of $1.07, and the portfolio includes over 125 to 150 income-generating properties, paying dividends quarterly, with a current yield of approximately 3.74%.Uniswap launched the Permissioned Pools framework on July 23, 2026, allowing asset issuers to operate managed whitelists and conduct compliance checks on-chain, with unverified wallets unable to participate in trading. GromaCoin is the first asset to adopt this framework and is currently only available to accredited investors. Groma has also partnered with Birch Hill and Morpho to allow holders to borrow USDC using GRO as collateral, with an initial supply cap of $5 million for this lending setup.