Compiled 13:20 UTC · live data pull 2026-11-08T13:12Z CoinGecko, Alternative.me, DefiLlama and mempool.space answered; Nov 8 DefiLlama points are partial days, so Nov 7 closes are used for comparisons
What moved · why it matters · what to watch next — source-graded per INTEL_STANDARDS
SIGNAL 01
Avalanche C-Chain TVL closed Nov 7 at $612.06M (+7.42%) and chain stablecoins at $1.3115B (+6.99%), but DEX volume is $39.56M, down 41.33% in a day
Moved
DefiLlama closed Avalanche TVL for Nov 7 at $612.06M, up 7.42% from the $569.79M Nov 6 close and above the $599.16M of Nov 5. Chain stablecoins closed at $1.3115B (+6.99% vs $1.2258B), the highest close since Nov 4 ($1.3447B). Avalanche DEX volume is $39.56M (−41.33% 1d, −2.74% 7d; 7d total $503.04M) and AVAX is $8.18 (−0.75%, CoinGecko 13:12Z Nov 8). All-chain DeFi TVL closed at $80.87B (+0.04%). The Nov 8 points ($608.93M TVL, $1.3019B stablecoins) are partial days; yesterday’s partial Nov 7 reads ($612.96M, $1.3116B) closed within 0.2% of where they printed.
Matters
Avalanche gained $42.3M of TVL and $85.6M of stablecoin supply in a day while all-chain TVL was flat and AVAX fell, so capital moved onto the chain against the market. Falling DEX volume alongside rising deposits points to lending or vault inflows rather than trading, which is a thinner base for fee revenue. That reading is our inference from the DefiLlama series, not a DefiLlama finding.
Next
DefiLlama’s Nov 8 daily close (posts Nov 9): a TVL close under $569.79M would erase the Nov 7 rebound; holding above $600M confirms it. Chain stablecoins closing under $1.2258B would reverse the inflow; Avalanche 24h DEX volume back above $60M would show trading following deposits.
✓ Verifieddefiavalanchestablecoins
SIGNAL 02
Spot bitcoin ETFs lost $1.28B in the week of Nov 2–6, the worst since June, leaving BTC at $75,964 near Strategy’s $75,451 cost ahead of Tuesday’s CPI
Moved
US spot BTC ETFs shed $1.28B over Nov 2–6 (The Block, SoSoValue data; confirmed by 24/7 Wall St and crypto.news), flipping 2026 year-to-date flows to about −$914.1M from +$368M a week earlier; ETH ETFs lost $365.3M, a sixth straight negative week. BTC is $75,964 (+0.21%, CoinGecko 13:12Z Nov 8), heading for a fifth straight losing weekly close and about 2.9% below the $78,232 weekly open; Fear and Greed reads 28 (25 yesterday). Weekly ETF totals are SoSoValue-based; the Farside weekly figure was not opened.
Matters
With 2026 ETF flows now negative, the structural bid that absorbed supply earlier in the year is gone, and BTC sits only 0.7% above Strategy’s reported $75,451 average cost (single-source, Nov 2 disclosure), the level where the largest corporate holder turns underwater. Alts fell harder than BTC this week (NEAR −15.2%, HYPE −12.0%), which is risk reduction in the long tail.
Next
Tue Nov 10, 8:30 ET: October CPI (the Cleveland Fed nowcast of +0.24% headline and +0.21% core is a model, not consensus). A BTC daily close under $75,451 extends the leg down; a weekly close back above $78,232 would end the five-week losing streak.
✓ Verifiedmarketsetfmacro
SIGNAL 03
Stablecoin supply shrank $6.66B in the seven days to Nov 7, the steepest weekly drop of 2026, with Tether and Circle accounting for 66% of it
Moved
Total stablecoin supply fell 2.28% in seven days to $292.31B (DefiLlama data via Blockchain Reporter, single-source): USDT −$3.10B to $177.00B, USDC −$1.31B to $70.60B, partly offset by USDe +$0.40B and RLUSD +$0.27B. The supply is $23.23B (7.36%) below its May 17 peak of $315.54B, and the 7-day change has been negative for 29 straight days. Our own DefiLlama sum at 13:12Z Nov 8 is $293.72B. The two figures use different dates and bases; see the methodology note.
Matters
Redemptions at the two largest issuers, not a rotation into smaller coins, are draining dollar liquidity just as the OCC’s final GENIUS rule sets a 1:1 reserve, 5% on-demand floor and a yield ban. Avalanche stablecoins rose 6.99% on Nov 7 against that tide, so the chain is gaining share of a shrinking pool.
Next
The 7-day change in DefiLlama’s total stablecoin supply turning positive by Nov 15 ends the 29-day streak; a print under $290B (about −$2.3B from the Nov 7 figure) makes the contraction a month-long trend. The OCC rule’s effects and Russia’s Nov 17 USDT trading start are the next dated events.
◆ Single-sourcerwastablecoinsregulation
📐 MethodologyHow these signals are graded. Signal 01 is VERIFIED on live DefiLlama API pulls at 13:12Z Nov 8; the Nov 8 points are partial days and are shown but not used for comparisons, and the link between TVL, stablecoin supply and DEX volume is our inference. Signal 02 is VERIFIED: three outlets carry the $1.28B weekly BTC ETF outflow (SoSoValue is the named data source; Farside weekly not opened), BTC and Fear and Greed are live pulls, and the Strategy cost basis is single-source. Signal 03 is SINGLE-SOURCE: the weekly decline comes from one outlet (Blockchain Reporter, with a mirror) relaying DefiLlama data; our own DefiLlama sum ($293.72B on Nov 8) is a different date and basis. No signal rests on a RUMOR / WATCH item.
Breaking — November 8, 2026
Avalanche TVL closed Nov 7 at $612.06M (+7.42%), chain stablecoins $1.3115B, DEX volume $39.56M (−41.33% 1d) (see Signal 01 and DeFi).
Spot BTC ETFs lost $1.28B in the week of Nov 2–6, worst since June; BTC $75,964, CPI Tue Nov 10 (see Signal 02 and Crypto & US Stocks).
Stablecoin supply fell $6.66B in a week to $292.31B, steepest of 2026; USDT −$3.10B (see Signal 03 and Stablecoins & RWA).
Keplr halted Google and Apple logins after a Web3Auth flaw; Bitquery traces about $6M drained; Elliptic still sees $3.13B of Binance loot in linked addresses (see Privacy & Security).
Core Scientific to quit bitcoin mining by year-end; hashrate rebounded to about 1,001 EH/s on Nov 7 (see Mining).
SN46 Instant burns 1,199 alpha in a first buyback; Finney stays on runtime 488; Grayscale Bittensor Trust holds 59,165.79 TAO (see Bittensor / TAO).
+0.30% vs $292.83B 24h ago · USDT $176.76B · USDC $70.63B · DefiLlama sum · 📐 see note
BTC Hashrate
995 EH/s
mempool.space current-hashrate field (±10%) · 📐 see note
BTC Difficulty
148.36T
+5.54% at the Oct 29 retarget · mempool.space
Next Retarget (est)
−4.76%
mempool.space · block 975,744, 680 blocks left, about Nov 13 · 📐 estimate
FOMC (Oct 28)
Hold 3.75–4.00%
10–2 vote, two dissents for a hike · federalreserve.gov · not re-pulled today
📐 MethodologyItems to carry before reading on. CoinGecko’s /global field reads total cap −3.48% in 24h while BTC is +0.21% and ETH +0.03%; the aggregate move does not fit the majors (it reads the same way as yesterday’s) and probably reflects the comparison base, so treat it as unreliable. Avalanche TVL: DefiLlama’s historicalChainTvl Nov 7 daily close is $612.06M (+7.42% vs the Nov 6 close of $569.79M); yesterday’s brief showed the Nov 7 partial at $612.96M and it closed at $612.06M. The Nov 8 point ($608.93M) is a partial day and is likely to be revised. The all-chain Nov 7 close is $80.87B (Nov 8 partial $80.94B). Avalanche stablecoins closed Nov 7 at $1.3115B (Nov 8 partial $1.3019B). AVAX price: CoinGecko $8.18. Avalanche DEX volume is DefiLlama’s rolling 24h figure and moves with pull time; the 7d change field reads −2.74%. Stablecoin supply: $293.72B is our sum of DefiLlama’s USD-pegged circulating supply at 13:12Z Nov 8, against $293.27B in yesterday’s brief on the same method, while Blockchain Reporter relays DefiLlama at $292.31B for Nov 7; USDT reads $177.00B on DefiLlama, $183.5B in Tether’s Sep 30 attestation and $186.1B in BPI’s Jun 30 data, a basis gap we show rather than reconcile. Hashrate is derived from block timing and is always ±10%: mempool.space’s current field reads 995 EH/s and its daily points read 955 (Nov 6), 1,001 (Nov 7) and 989 (Nov 8, partial) EH/s; Pickaxe reports about 1,035 EH/s. The retarget: mempool.space estimates −4.76% for about Nov 13 (Pickaxe −2.6 to −3.2%); all move with block timing. The realized Oct 29 adjustment was +5.54%. TAO: $225.23 from our 13:12Z CoinGecko pull. Prices quoted inside stories are earlier readings than our live pull. ETF flows, index closes and the CPI nowcast are as reported by the cited outlets, not our own pulls.
How to read the badges.✓ Verified two or more independent outlets, or a primary source (filing, wire release, official API).
◆ Single-source one credible outlet, not independently corroborated — directionally useful, not load-bearing.
⚠ Rumor / Watch unconfirmed, aggregator-only, or self-reported with no third-party check; never used as a Signal.
📐 Methodology attached wherever trackers disagree or bases differ.
A mirror or syndication of the same copy does not count as a second source, and a page seen only as a search snippet is downgraded one tier. Research coverage was thin in several topics on Oct 21–22 (the stablecoin and DeFi cards carry fewer than six stories); empty slots are noted rather than backfilled, and cards dated before Oct 15 are labelled as background. Full rules in INTEL_STANDARDS.md.
DeFi
Privacy & Security
Mining
Liquidity & Airdrops
Stablecoins & RWA
Crypto & US Stocks
VC & Capital
Bittensor / TAO
DeFi
DeFiLlama API pulls 13:12Z Nov 8 (Nov 8 partial); stories from crypto.news, CryptoTicker, CoinPaprika, The Block, Nov 3-8; 1 verified, 5 single, 24h window thin (2 of 3 in window).
Avalanche C-Chain TVL
$612.06M
+7.42% vs Nov 6 close ($569.79M) · DefiLlama; Nov 8 partial $608.93M
Avalanche stablecoins
$1.3115B
+6.99% vs Nov 6 close ($1.2258B) · DefiLlama
Avalanche DEX volume 24h
$39.56M
-41.33% 1d, -2.74% 7d (change_7d) · DefiLlama
All-chain DeFi TVL
$80.87B
+0.04% vs Nov 6 close ($80.84B) · DefiLlama
Most Recent (through Nov 8)
Keplr halts Google, Apple logins as $6M wallet drain hits Cosmos
✓ Verified crypto.news; CryptoTicker · Nov 8, 2026 · source
Bitquery traced $6.01M across about 44,700 wallets on seven Cosmos networks after Web3Auth said a flaw in its own infrastructure leaked private keys; Keplr paused Google and Apple login on Nov 6. Why it matters: Social-login key custody sits with a third-party vendor rather than the wallet app, so any protocol or chain relying on Web3Auth embedded wallets inherits the same single point of failure. «Two outlets confirm the incident, but the $6.01M is a Bitquery tally relayed by crypto.news; CryptoTicker says no official loss figure exists. The 20% of social-login accounts exposed is a co-founder estimate. We did not open Keplr or Web3Auth notices.»
Greece Closes Its Crypto Tax Gap With 10% Gains and 15% DeFi Levies
◆ Single-source CoinPaprika · Nov 8, 2026 · source
Greece's parliament approved on Nov 5 a 10% tax on net crypto gains above EUR 500 and a 15% tax on staking, lending, liquidity-provision and yield-farming income, effective Jan 1, 2027. Why it matters: Taxing LP and farming income as interest at 15% flat creates a reporting duty on pool-level fees that most wallets cannot export, which favors front-ends with built-in tax tooling. «Single outlet; we did not open the statute or a parliament record. Vote date from the article.»
Gnosis Pay data breach exposes customer info; funds unaffected
Unauthorized access to a legacy Gnosis Pay card system was detected Nov 3 and contained in two hours, and 3D Secure is mandatory for online payments until the system retires Dec 20. Why it matters: The exposure was in off-chain card infrastructure, not smart contracts, which repeats this week's pattern of DeFi-adjacent losses originating in web2 components. «Dated Nov 6, outside the 24h window (placed here because no other fresh DeFi item was verified); tier not raised. Affected-customer count not disclosed.»
Also in the Last Seven Days (Nov 1–Nov 8)
Binance says hackers used fake job interview, internal AI tool in $6.3 billion breach
Binance's incident report says about $6.34B was taken, about $2.85B was frozen or intercepted, and withdrawals reopened in phases on Nov 3 across nine networks. Why it matters: A recruitment-lure entry path ending in wallet-signing infrastructure shows the weak link was staff access, which is why DeFi lending markets treated it as custody risk and not protocol risk. «Figures are Binance-reported via one outlet; we did not open the Binance report. Update to the Nov 5-6 Binance items in the prior brief.»
Payward-affiliated fund and clients buy AAVE token stake on secondary market
A Payward-affiliated fund and its clients bought an undisclosed AAVE stake on the secondary market, after June reports of talks for 15% at a $385M valuation. Why it matters: Aave V4 holds over $125M of Avalanche deposits (TokenPost), so a larger strategic AAVE holder with a US exchange parent could shift governance weight over risk parameters on that deployment. «Stake size and price undisclosed; the June figures are earlier reports, not this purchase. Single outlet.»
Ethereum Layer 2 Aztec gets Tierra V6 upgrade to support faster private apps
Aztec's Tierra V6 halves private proof generation to about 1 second on a native device and cuts Ethereum-to-Aztec message time from about 2 minutes to 12 seconds, across 3,000+ validators. Why it matters: Sub-15-second bridging into private execution removes the main latency objection to private swaps and lending, though liquidity there is still unproven. «Project-reported metrics, one outlet; no TVL or usage figures given.»
Key Trends
Third-party key and web2 layers are the loss path — Keplr ($6.01M, Web3Auth flaw), Gnosis Pay (legacy card system) and Binance (fake job interview) all began outside smart contracts, while Avalanche TVL is untouched.
Avalanche TVL and stablecoins rebounded together — TVL rose 7.42% to $612.06M and stablecoins rose 6.99% to $1.3115B on Nov 7, but DEX volume fell 41.33% to $39.56M, so the gain looks deposit-led, not trading-led.
Regulators are moving to DeFi income — Greece's 15% levy on staking, lending and LP income from Jan 1, 2027 is one more jurisdiction defining yield as taxable interest.
Ones to Watch
Web3Auth post-mortem and affected-address list — Web3Auth says it will publish details after fund recovery; a verified address list or loss total would resolve the gap between $6.01M (Bitquery) and no official figure.
Avalanche DEX volume vs TVL — If 24h DEX volume stays below the $67.43M seen Nov 6 while TVL holds near $610M, the TVL rise is idle deposits; a volume rebound above $60M would show usage returning.
📐 Methodology Avalanche TVL: DefiLlama Nov 7 close $612.06M (API, pulled 13:12Z); Nov 8 partial $608.93M is an incomplete day. Nov 6 close was $569.79M, so the +7.42% is a day-over-day change in the series. Stablecoins Nov 8 partial $1.3019B.
📐 Methodology All-chain TVL $80.87B (Nov 7) is the DefiLlama figure; Nov 8 partial $80.94B. Avalanche DEX 7d change computed as $503.04M vs $544.22M prior 7d (-7.6%).
📐 Methodology Keplr loss: crypto.news cites Bitquery $6.01M and about 44,700 wallets; CryptoTicker says no confirmed loss exists. Treated as unconfirmed.
📐 Methodology Dropped: Block Scholes 'shrug off biggest DeFi hack' page (header Nov 6, content is April); Defiant Aave USDT rate-curve, Osmosis, Hyperliquid permissioned-markets and Balancer items (all Oct 26, outside window); CryptoNinjas $106M EU entity theft (CEX accounts, event Nov 1, not DeFi); ex-FBI agent plea (Nov 7, not DeFi).
📐 Methodology No Avalanche C-Chain-specific story dated Nov 1-8 beyond items already in the Nov 7 brief was found; 24h window is thin.
Privacy & Security
Keplr/Web3Auth key-exposure drain leads; Binance-theft tracker unchanged since Nov 7 08:00Z, CFO exit reported; Cryptotimes page could not be opened and is excluded.
Zcash (ZEC)
$1,274.24
-0.29% vs prior brief ($1,277.99) · live 13:12Z
Monero (XMR)
$603.35
-1.53% vs prior brief ($612.71) · ZEC/XMR 2.11x · live 13:12Z
Binance theft still in linked addresses
$3.13B
of $6.43B; $2.85B frozen · Elliptic, no change since Nov 7 08:00Z
Bitquery traced about $6.01M across two collection addresses and about 44,700 wallets on seven Cosmos networks and Injective (Cosmos Hub about $3.5M) during Nov 6-7, and Keplr estimates about 20% of its social-login accounts could be affected. Why it matters: The fault sits in a third-party key-generation provider (Web3Auth, owned by Consensys), so any wallet using embedded social-login keys shares the exposure and seed-phrase or hardware-wallet accounts are the only ones reported safe. «Bitquery's total includes rescue transfers by Web3Auth and partners that look like theft, so attacker losses are lower than $6.01M; CryptoTicker says no confirmed loss figure exists, and neither company has published the entry point, affected-network list or a reimbursement plan.»
Elliptic Binance-theft tracker: about $175M converted to BTC, $3.13B still in linked addresses
✓ Verified Elliptic; The Register (FBI/TRM figures) · Nov 7, 2026 · source
Elliptic's page, last updated Nov 7 08:00Z, shows about 2,300 BTC ($175M) converted from other stolen assets, $3.13B in theft-linked addresses mostly as ETH and BTC, and $2.85B frozen or seized. Why it matters: With no tracker movement in the last ~29 hours while cash-out stays negligible, the next change in the 18,270 BTC held in 19 addresses (per yesterday's reading) is the figure to watch. «No new Elliptic figures since Nov 7 08:00Z; carried from yesterday's brief because it remains the latest primary-source reading. TRM's separate total is $6.36B vs Elliptic $6.43B.»
Binance CFO Kaiser Ng steps down days after the hack; Justin Yek named successor
◆ Single-source Yahoo Finance Canada via Head Topics (citing Investing.com) · Nov 7, 2026 · source
Binance co-CEO Yi He framed the departure as a planned transition 'implemented over the last half year', and the report notes regulators are likely to scrutinize the breach given Binance's 2023 US AML settlement. Why it matters: A finance-chief change inside 9 days of a $6.3B loss will draw questions on reserve reporting and control ownership regardless of the stated timeline. «Aggregator republication of a syndicated report; Binance's own announcement was not located, so capped at single. The timing link to the hack is the outlet's observation, not a Binance statement.»
Also in the Last Seven Days (Nov 1–Nov 8)
FBI attributes the Oct 29 Binance theft to TraderTraitor and publishes wallet addresses
✓ Verified The Register; CoinDesk · Nov 2, 2026 · source
An FBI alert (Saturday, Oct 31) names TraderTraitor, urges exchanges and analytics firms to block the listed addresses, and sits against Binance's ~$6.3B, TRM's $6.36B and Elliptic's $6.43B loss estimates, with Binance saying about 95% of assets were replaced. Why it matters: A government address list turns screening from voluntary into reputational obligation for every exchange and bridge, which is where the BTC conversion step now has to clear. «FBI alert itself was not opened; relies on The Register's account, corroborated by CoinDesk (Nov 3-4) reporting North Korea's denial. Replenishment share differs (95% Register vs 98% CoinDesk, both Binance-reported).»
BTCPay Server hot wallets swept via admin-login flaw; Bitquery traces about $1.63M
Bitquery traced 18.38 BTC and 3,405 LTC (about $1.63M) across 682 sweeps from Oct 30 to Nov 2, about 87% in one wave on Nov 1, hitting servers on v2.4.1 or earlier. Why it matters: BTCPay says attackers used a different method than the one patched in v2.4.2, so updating alone may not evict an existing attacker, and merchants holding keys on the server rather than a hardware wallet carry the loss. «Floor figure only (excludes other addresses, coins and Lightning); no CVE named and BTCPay has published no total. Some address activity may predate the thefts.»
US Treasury (FinCEN) and Fed withdraw 2020 crypto 'Travel Rule' proposal that would cut the threshold from $3,000 to $250
FinCEN and the Federal Reserve rescinded the proposal, following Treasury's October withdrawal of proposed unhosted-wallet and mixing rules, with Coin Center welcoming the move and FinCEN saying future amendments should be 'fit for purpose'. Why it matters: Three US surveillance-expanding proposals have now been pulled in about a month, which lowers near-term US pressure on self-custody and privacy tooling even as the Binance theft raises the political case for tighter tracing. «Single outlet, primary FinCEN notice not opened; Nov 6 is inside the 7-day window but outside 24h.»
Key Trends
Third-party key infrastructure is the weak point — Keplr/Web3Auth (Nov 6-7, about $6M traced) and BTCPay Server (about $1.63M traced) both lost funds through shared infrastructure rather than wallet-contract bugs, with off-server or hardware keys reported unaffected.
Binance-theft tracking is flat while the money waits — Elliptic's $3.13B linked / $175M BTC-converted readings have not moved since Nov 7 08:00Z, and the FBI has moved from attribution to published address lists.
US policy is pulling back from surveillance rules — FinCEN's Travel Rule withdrawal follows October withdrawals on unhosted wallets and mixing, a divergence from the enforcement tone after the Binance theft.
Ones to Watch
Web3Auth post-mortem and affected-wallet list — Neither Web3Auth nor Keplr has published the entry point, affected networks or a reimbursement stance, and Web3Auth plans a verified list of rescue addresses.
Next Elliptic/TRM update on Binance proceeds — A rise above the $175M BTC conversion or any move of the 18,270 BTC would show whether laundering has resumed at scale after the quiet Nov 7-8 period.
📐 Methodology Loss-figure methodology: Binance-theft totals differ by tracker, Elliptic $6.43B, TRM $6.36B, Binance ~$6.3B; frozen Elliptic $2.85B vs TRM/BleepingComputer ~$2.7B (from Nov 7 brief); Binance-reported replenishment 95% (Register) vs 98% (CoinDesk).
📐 Methodology Keplr/Web3Auth: Bitquery $6.01M traced (includes some rescue/recovery transfers) vs CryptoTicker 'no confirmed loss figure'; Cosmos Hub about $3.5M of the traced total. BTCPay $1.63M is a Bitquery floor.
📐 Methodology Dropped: Cryptotimes Nov 7 page failed to load; TRM Liquid Network $319M (Sep 6-8) is outside the window; Nov 4 Privacy Cash, Gnosis Pay, Bitquery iOS stories from yesterday not repeated. Searches found no fresh ZEC/XMR-specific regulatory or ZK audit item dated Nov 7-8 that could be opened.
📐 Methodology Prices from live context 13:12Z: BTC $75,964, ZEC $1,274.24, XMR $603.35; deltas computed against the Nov 7 brief's CoinGecko values.
Mining
mempool.space/CoinGecko live pulls (Nov 8 ~13:12Z), company filings and secondary outlets, window Nov 1-8; hashrate is an estimate (±10%) and trackers differ.
Hashrate (mempool.space)
994.6 EH/s
daily points Nov 6 955 / Nov 7 1,001 / Nov 8 (partial) 989; ±10%
Difficulty
148.36T
last retarget +5.54%; next est. -4.76% in 680 blocks (~Nov 13-14)
Hashprice (Hashrate Index/Luxor, Nov 2)
$32.86/PH/s/day
-8.7% w/w; stale vs BTC dip; 30d avg $37.49
BTC price
$75,964
Nov 7 Coinbase close $75,799; three-month low touched Nov 7
Most Recent (through Nov 8)
Bitcoin hashrate rebounds to ~1,001 EH/s on Nov 7 from 955 EH/s the day before
✓ Verified mempool.space API (live pull); Pickaxe cross-check · Nov 8, 2026 · source
mempool.space daily points read 955 EH/s (Nov 6), 1,001 EH/s (Nov 7) and 989 EH/s (Nov 8, partial) against difficulty of 148.36T, with the next retarget estimated at -4.76% around Nov 13-14. Why it matters: A sub-1 ZH/s average against a difficulty set for ~1.0 ZH/s implies slower blocks, so the expected downward retarget is a margin relief for the weakest fleets rather than a sign of capitulation. «Hashrate is derived from block timing and is ±10%; a one-day swing of 955 to 1,001 is within noise. Trackers differ: Pickaxe showed ~1,034-1,038 EH/s on Nov 3 and -2.63% to -3.22% for the retarget. Live-API pull, page itself is a chart.»
Solo miners found 36 blocks worth about $8.5M in 2026, seven of them in November
Soloblocks.io counts 36 solo-style blocks between Feb 11 and Nov 7 (~113.1 BTC), with October at 8 and November at 7 so far, and Solo Pool (10) and CKPool Solo (9) leading. Why it matters: A 36-block count against roughly 1,000 EH/s is a rounding error for network security, but rising small-miner participation is one of the few places hashrate is being added. «Single outlet relaying a third-party tracker; gross rewards, not take-home. Article puts a 10 TH/s machine at one block per ~1,900 years. Small-hardware economics shown are negative at $0.15/kWh.»
IREN seeks $6B more for AI buildout as run-rate revenue target slips to January 2027
◆ Single-source CryptoSlate · Nov 6, 2026 · source
IREN has about $9B of its $15B remaining fiscal 2027 capex covered by cash, GPU financing and prepayments, leaving $6B to raise, after a $228M September quarter (+66% q/q), a $263M net loss and a $20.3B backlog. Why it matters: A miner funding GPU capex at 3.31% GPU debt but still needing $6B shows the AI pivot is a capital-markets trade, which makes miner equities more sensitive to credit conditions than to hashprice. «Dated Nov 6, outside the strict 24h window; the 24h window had few mining stories. Materially new versus yesterday's IREN item (financing gap and slipped $4B ARR timing). Single outlet; primary IREN filing not opened.» «Original TheStreet link returned 404 and was replaced with CryptoSlate coverage of the same announcement; tier unchanged (single-source).»
Also in the Last Seven Days (Nov 1–Nov 8)
Core Scientific to quit bitcoin mining by year-end as colocation hits 92% of revenue
◆ Single-source Cointelegraph (FXStreet mirror, not counted) · Nov 6, 2026 · source
Core Scientific booked Q3 revenue of $232.9M, of which colocation was $215.4M and mining $17.5M (self-mining $12.3M vs $57.4M a year earlier), with about 50% fewer miners online than at end-2025 and the wind-down due in Q4. Why it matters: Together with IREN, a second large US-listed fleet leaving removes self-mined supply and hosting capacity, which concentrates the remaining hashrate among pure-play miners. «Other outlets (CryptoBriefing, LetsDataScience) appeared in search but were not opened. Hashrate and BTC holdings not stated in the article.»
Cipher Digital Q3 revenue of $26.7M misses by ~$10M; mining revenue falls to $20.8M from $71.7M
✓ Verified Stocktwits; 24/7 Wall St. · Nov 2, 2026 · source
Cipher's Q3 revenue of $26.7M compared with a ~$37M estimate, mining revenue was 78% of the total, the first HPC lease revenue was $5.9M, and contracted revenue is $16.6B across three campuses. Why it matters: Mining still funds most of Cipher's revenue while $16.6B of contracts are unbuilt, so execution timing, not hashprice, will set the equity's path. «Estimates differ by source ($37.0M vs $37.5M). Basic EPS of $0.08 was driven by a $127.2M non-cash warrant gain. Both outlets are secondary to the company release, which was not opened; Nov 2 is at the edge of the 7d window.»
Pickaxe: hashrate ~1,035 EH/s, retarget seen at -2.6% to -3.2%; AntPool leads recent blocks at 23.6%
Pickaxe estimates 1,034-1,038 EH/s after the +5.54% Oct 29 retarget to 148.36T, with recent block shares of AntPool 23.6%, Foundry 21.5%, F2Pool 18.75%, ViaBTC 9.7% and SpiderPool 6.3%. Why it matters: AntPool and Foundry together are ~45% of recent blocks, so the Binance Pool re-pointing on Nov 10 is more likely to shift share among the top five than to expose a hashrate drop. «Hashrate ±10% from block timing; Pickaxe's retarget range (-2.6% to -3.2%) has since widened to our -4.76%. Pool shares are inferred from coinbase tags over a short window and are not stable.»
Key Trends
Second large fleet exits — Core Scientific (mining 7.5% of Q3 revenue, ~50% fewer miners online) and IREN (mining revenue -58% q/q) both aim to finish exiting by year-end, while Cipher still earns 78% of revenue from mining.
AI pivot funding gaps — IREN still needs $6B for fiscal 2027 and Cipher's $16.6B contract backlog is mostly unbuilt, so the debt and equity markets, not hashprice, now gate the pivot.
Network capacity near 1 ZH/s — mempool.space dailies of 955 / 1,001 / 989 EH/s and a -4.76% retarget estimate point to flat-to-lower capacity, against Pickaxe's ~1,035 on Nov 3; all within ±10%.
Ones to Watch
Retarget ~Nov 13-14 (680 blocks) — Estimate is -4.76% now versus -2.6% to -3.2% (Pickaxe, Nov 3); a print below -4% would confirm sustained hashrate softness.
Binance Pool shutdown Nov 10 and MARA Q3 results Nov 9 — Both carried from the Nov 7 brief and not re-verified today: Binance Stratum endpoints due off Nov 10 07:00 UTC; MARA letter and call Nov 9 will show whether it sold BTC as Riot and Hut 8 did.
📐 Methodology Hashrate (estimate, ±10%): mempool.space current 994.6 EH/s; dailies Nov 6 955 / Nov 7 1,001 / Nov 8 partial 989 (labelled by day-start timestamp); Pickaxe 1,034-1,038 EH/s (Nov 3). Differences reflect averaging windows and block-time estimation.
📐 Methodology Next retarget: mempool.space -4.76% (680 blocks, ~Nov 13-14) vs Pickaxe -2.63% to -3.22% (Nov 3); estimates move with every block.
📐 Methodology Hashprice $32.86 is Luxor/Hashrate Index's Nov 2 value, vendor-published, and predates the BTC dip to ~$75k; not refreshed today.
📐 Methodology BTC: $75,964 (CoinGecko, Nov 8 13:12Z); Bitcoin News Digest cites $75,799 Coinbase close Nov 7 after a three-month low.
📐 Methodology The 24h window held few mining stories: two of three 24h cards are Nov 7-8 data, IREN is Nov 6. Benzinga weekly roundup could not be fetched. Yesterday's Riot, Hut 8, TeraWulf, BitFuFu items not repeated.
Liquidity & Airdrops
Nov 8: Binance Alpha $350k snapshot and PREDICT TGE delay opened this run; XTEN 300M airdrop and StandX wind-down lead the week; 24h window thin, no Avalanche items found.
XTEN points airdrop (Extended, Nov 3)
300M XTEN
30% of 1B supply, fully unlocked at TGE; no TGE date
Binance Alpha snapshot pool (Coingabbar)
$350,000
min 200 Alpha Points; per-user amount unannounced
PREDICT premarket (Coingabbar, Nov 6)
$10.0894
+4.6%; FDV $1.15B; TGE postponed, no date
Aster Stage 6 pool (CryptoTicker, Nov 2)
200M ASTER
claims close Nov 28 12:00 UTC
Most Recent (through Nov 8)
Binance Alpha airdrop: $350,000 pool, snapshot closed Nov 6 23:59 UTC at 200 Alpha Points
Binance Wallet announced the $350,000 reward on X on Nov 6 (07:34 UTC) for accounts holding 200+ Alpha Points at snapshot, paid automatically with no points deducted. Why it matters: A fixed pool over an unknown count of qualifying accounts means per-user payout is set by how many farmers cleared 200 points, not by Binance. «Page opened and dated Nov 7, but it relays a Binance Wallet X post that was not opened; per-user amount and payout date are not announced. Carried over from yesterday with the page now verified.»
Predict.fun postpones TGE and Season 1 claim as Binance Alpha/Spot listing is delayed; premarket $10.09
PREDICT traded at $10.0894 (+4.6%, $719K volume, $1.15B FDV) with no new claim date; Binance Wallet keeps batch dates Nov 6/13/20/27 and the Nov 26 09:00 UTC form deadline. Why it matters: Premarket pricing continues while holders cannot sell, so Option A (35% now) versus Option B (100% after one year) is being chosen without a live market. «Dated Nov 6, just outside the 24h window; single outlet relaying project statements. The article's expected end-of-November listing and 'around $1.15' price are unconfirmed and likely confuse FDV with price.»
Extended (XTEN): 300M XTEN (30%) points airdrop fully unlocked at TGE; TGE date not set
◆ Single-source TechFlow; Coingabbar · Nov 3, 2026 · source
Extended's 1B XTEN supply allocates 300M to points users, 200M to ecosystem and 500M to team/investors on a 12-month cliff, with about 32.9% of supply unlocked at TGE. Why it matters: A 30% float at TGE against a 12-month insider cliff concentrates early sell pressure in airdrop recipients, including 17.38M tokens tied to the internal market-making desk. «Window fill: Nov 3 is outside 24h. Project-reported tokenomics relayed by TechFlow (KuCoin republished it, same source) and Coingabbar; TGE date and claim window explicitly not announced.»
Also in the Last Seven Days (Nov 1–Nov 8)
Extended (XTEN) tokenomics: 300M airdrop, 500M insiders on 12-month cliff, staking up to 5x yield boost
◆ Single-source Coingabbar; TechFlow · Nov 3, 2026 · source
Coingabbar's unofficial estimate is about 4.29 XTEN per point on roughly 70M points; staking needs 500 XTEN for fee discounts up to 30%, with a $2M per-user cap on the 5x vault bonus. Why it matters: The per-point estimate lets farmers value positions before TGE, but an unofficial rate on a rate-setting event invites over-positioning. «Per-point rate is explicitly unofficial. Project-reported figures cap at single. Same event as the 24h fill item, different angle (staking and estimate).»
StandX cancels token launch, winds down and distributes remaining revenue as DUSD; claim open to Dec 31
◆ Single-source TechFlow; CryptoTicker · Nov 2, 2026 · source
StandX's claim opened Nov 2 and closes Dec 31 08:00 UTC, paid in DUSD with no lockup for BNB Chain or Solana wallets; open positions close Jan 15, 2027 and redemptions end Jan 31. Why it matters: A points program paying out stablecoin revenue instead of a token is a precedent that farmers may be paid in revenue share when a launch is cancelled. «Total amount not stated. TechFlow cites a StandX statement on X (not opened); CryptoTicker roundup opened. Delay was attributed to a Binance withdrawal suspension.»
Aster Stage 6 'Convergence': 200M ASTER claimable Oct 28 to Nov 28 12:00 UTC
◆ Single-source CryptoTicker · Nov 2, 2026 · source
CryptoTicker lists 200M ASTER for users who chose the full allocation in April, and says roundups citing a Nov 4 start are wrong. Why it matters: With claims closing Nov 28, the same day as Doppler XDP, unclaimed tokens become a defined amount the project can retain or redirect. «Repeat of yesterday's item, now with the CryptoTicker page opened; Aster's own page not opened and Bittime's 64M figure remains unreconciled.»
Key Trends
Points programs paying out in non-token forms — StandX cancelled its token and paid DUSD revenue; PREDICT and Extended show the token path with delayed or unset TGE dates.
Heavy float at TGE — Extended unlocks about 32.9% of supply at TGE versus a 12-month insider cliff, putting early supply with airdrop recipients.
Claim deadlines stack in late November — PREDICT form Nov 26, Aster Stage 6 and Doppler XDP Nov 28 close within three days.
Ones to Watch
Extended XTEN TGE date and claim window — Extended announces the TGE date and the terms-of-service signing window; nothing yet as of Nov 3 coverage.
PREDICT listing date — Binance or predict.fun posts a listing date before the Nov 26 09:00 UTC form close, or the Nov 13 batch is consolidated.
📐 Methodology No Avalanche ecosystem airdrop or incentive items found in window; AVAX search returned only a May 12 unlock page (out of window, dropped).
📐 Methodology Dropped: yesterday's Monad/CryptoRank unlock items, Doppler XDP (repeat, same roundup), STABLE/ADI unlocks (tracker-only, Nov 2). MetaMask dates Nov 12/26 excluded: CryptoTicker says MetaMask's own pages contradict them.
📐 Methodology No in-window primary sources opened; all tiers single. Project-reported metrics capped at single.
Stablecoins & RWA
Stablecoins & RWA · DefiLlama-sourced supply data, OCC/Mayer Brown/Gibson Dunn on GENIUS rule, Russia USDT · window Nov 1–8, 2026
Stablecoin supply, 7d change to Nov 7 (DefiLlama via Blockchain Reporter)
-$6.66B
to $292.31B; -2.28%, steepest week of 2026; 10 straight daily declines
Tether + Circle share of weekly decline
66%
$4.40B of $6.66B; USDT -$3.10B to $177.00B, USDC -$1.31B to $70.60B
Supply vs May 17 peak (DefiLlama via Blockchain Reporter)
-7.36%
-$23.23B from $315.54B; desk pull Nov 8 13:12Z ~$293.7B
down from 10% proposed; 40% single-counterparty cap; effective Jan 18, 2027
Most Recent (through Nov 8)
Stablecoin Supply Shrank $6.7 Billion in a Week, the Steepest Drop of 2026
◆ Single-source Blockchain Reporter (republished by cryptonews.net; DefiLlama data) · Nov 8, 2026 · source
Total stablecoin supply fell $6.66B in the seven days to Nov 7 to $292.31B, with USDT down $3.10B to $177.00B and USDC down $1.31B to $70.60B, while USDe (+$0.40B) and RLUSD (+$0.27B) grew. Why it matters: Ten straight daily declines with Tether and Circle supplying 66% of the drop suggests redemption pressure at the largest issuers rather than a rotation into smaller coins, ahead of the Jan 18, 2027 GENIUS date. «Single outlet (cryptonews.net is a mirror); pegs held (USDT $0.99892, USDC $0.99945 per CoinGecko); DefiLlama itself not opened by this analyst, desk live pull ~$293.7B on Nov 8 is slightly higher than the Nov 7 figure.»
Russia approves Bitcoin, Ether and USDT for domestic exchange trading; rules effective Nov 17
Retail investors without qualification are capped at 300,000 rubles (~$3,660) per broker per year for USDT, BTC and ETH, with USDT classed as a foreign digital instrument; rules take effect Nov 17, 2026. Why it matters: A sanctioned-market venue gives USDT a regulated onshore retail channel at the moment US and EU rules are narrowing its access elsewhere. «Aggregator-only page; the central-bank approval itself was reported in August (Meduza Aug 11), so only the Nov 17 effective date is new; no regulator text opened.»
The GENIUS Act: OCC Finalizes Its Payment Stablecoin Framework
◆ Single-source Gibson Dunn client alert · Nov 7, 2026 · source
From Jan 18, 2027 issuing payment stablecoins in the US requires prior OCC approval, with redemption within two business days, 5% minimum on-demand reserves and waivers expected for existing issuers with substantially complete applications. Why it matters: The waiver route favors incumbent issuers, so new entrants face a hard cliff while Fed, FDIC, NCUA and Treasury rules remain unfinished. «Page header says Nov 9 while metadata says Nov 7, so the date is uncertain; underlying rule was issued Oct 21 (appendix cites Oct 23 in the Federal Register).»
Also in the Last Seven Days (Nov 1–Nov 8)
OCC finalizes GENIUS Act rule: 1:1 reserves, yield ban without affiliate presumption, 5% on-demand floor
✓ Verified OCC News Release 2026-92 (primary); Mayer Brown (Nov 4) · Oct 21, 2026 (rule); Nov 4, 2026 (analysis) · source
The final rule drops the proposed 30% weekly liquidity minimum and 20-day WAM limit, cuts the on-demand floor to 5% from 10%, keeps a 40% counterparty cap, and declines to adopt the proposed affiliate-yield presumption or any safe harbor. Why it matters: Looser reserve mechanics but an open-ended yield-evasion standard push yield-bearing stable structures toward case-by-case OCC scrutiny rather than a bright line. «Rule issuance (Oct 21) is outside the 7d window; the Nov 4 Mayer Brown analysis is in-window. BSA/AML and OFAC rules are still to come with Treasury.»
Morgan Stanley among first banks to tokenize US equities, Treasurys through DTCC's service
✓ Verified The Block; Decrypt · Nov 4, 2026 · source
Morgan Stanley tokenized US equities and Treasurys on DTCC's service (live Oct 28, 20 participants), with tokenized equities on its ATS now expected in Q1 2027. Why it matters: Tokenization is arriving as digital twins of DTC-held securities, favoring incumbent custodians over crypto-native venues. «Carried over from the Nov 7 brief (not re-opened today); no volumes disclosed.»
Weekly stablecoin contraction: 29 straight days of negative 7-day change, -$15.03B in 30 days
Supply is down $15.03B from $307.33B on Oct 8 and $23.23B (7.36%) from the $315.54B May 17 peak, with BUIDL (-$0.25B) and USDS (-$0.86B to $5.59B) also shrinking. Why it matters: A month-long drawdown that includes tokenized-treasury and DeFi-native dollars points to broad deleveraging, not an issuer-specific event. «Same source article as the 24h lead; shown as the 30-day trend view, not a separate event. Weak distinct 7d item.»
Key Trends
Supply is contracting at the top — Stablecoin supply is -$6.66B on the week and -7.36% off the May peak, with USDT and USDC providing 66% of the drop; pegs held.
GENIUS rules are now concrete — The OCC final rule sets 1:1 reserves, a 5% on-demand floor and a case-by-case yield test, effective Jan 18, 2027, while Fed, FDIC, NCUA and Treasury rules are pending.
Regulated onshore access for USDT elsewhere — Russia's domestic exchange rules (effective Nov 17) give USDT a retail channel as US and EU frameworks tighten; evidence thin (aggregator).
Ones to Watch
Nov 17: Russia retail crypto trading rules take effect — Watch first-week USDT volumes on Moscow venues and whether the 300,000-ruble cap is enforced as described.
Nov 23: OCC comment deadline on GENIUS application and reporting forms — Carried from prior brief; with the final rule out, watch which waiver-application details the OCC announces.
📐 Methodology Stablecoin supply basis differs: Blockchain Reporter/DefiLlama $292.31B (Nov 7 close) vs desk DefiLlama pull ~$293.7B (Nov 8 13:12Z, USD-pegged sum). USDT: DefiLlama $177.00B (Nov 7) vs Tether Q3 attestation $183.5B liabilities (Sep 30) vs BPI $186.1B (Jun 30); USDC: DefiLlama $70.60B vs Circle $73.9B (Sep 30). Methodology and dates differ.
📐 Methodology Avalanche: desk DefiLlama stablecoins Nov 7 $1.3115B (Nov 8 partial $1.3019B). No in-window Avalanche story could be verified: Cryptobriefing's '$1.7B tokenized' piece failed to load and other hits were dated January or undated.
📐 Methodology Fetch failures: KuCoin tokenized-treasuries ($34.67B), PaymentExpert Moscow Exchange and ESMA unauthorised-stablecoin pages did not load, so they were dropped. Window is thin: 24h has one reasonably solid item.
Crypto & US Stocks
Nov 8 (Sun), 13:15 UTC: US markets closed Nov 7; Nov 6 closes, weekly spot ETF flows (Nov 2-6), weekend price action and CPI week-ahead (Tue Nov 10); stories dated Nov 1 to Nov 8.
Bitcoin
$75,964
+0.21% 24h · CoinGecko 13:12Z; about -2.4% 7d; Fear&Greed 28
Ethereum
$2,239
CoinGecko 13:12Z; BTC dominance 59.97%
US spot BTC ETF net flow, week Nov 2-6
-$1.28B
Worst week since June, 2nd straight outflow week; 2026 YTD about -$914M (SoSoValue via The Block)
BTC weekly close watch
$78,232
Weekly open; BTC needs a close above it to avoid a 5th red week (CryptoTicker); Fri low $74,722
Most Recent (through Nov 8)
Spot bitcoin ETFs lose $1.28B in week of Nov 2-6, worst since June; 2026 flows turn negative
✓ Verified The Block (SoSoValue data); 24/7 Wall St; crypto.news · Nov 7, 2026 · source
Bitcoin ETFs shed $1.28B (YTD about -$914.1M from about +$368M a week earlier) and ether ETFs lost $365.3M, their sixth straight negative week; BTC ETF assets are $95.9B across 12 funds. Why it matters: Because the year-to-date total has flipped negative, ETF demand has stopped offsetting supply from the October-Nov drawdown, so the marginal buyer is now treasuries or leverage, both weaker than a month ago. «Weekly total confirmed by three outlets, but only The Block names its source (SoSoValue); 24/7 Wall St names none. Farside weekly figure not opened. ETH ETF weekly -$365.3M (The Block) vs -$365.2M (crypto.news) is rounding.»
Bitcoin sits at about $75,800 heading for a fifth straight losing weekly close; major altcoins fall up to 15% on the week
✓ Verified CryptoTicker; crypto.news · Nov 8, 2026 · source
BTC is down about 2.4-2.7% on the week and about 12.4% from the Oct 4 weekly close of $86,507, while NEAR fell 15.2%, BCH 12.8%, HYPE 12.0% and SOL 6.0%. Why it matters: Alts falling harder than BTC alongside ETH ETF outflows points to risk reduction in the long tail rather than a BTC-specific sell-off, which usually leaves BTC dominance (near 60%) elevated into CPI. «Fifth-red-week streak and its historical rarity (2022, early 2026) are CryptoTicker's own analysis; crypto.news confirms prices and the weekly change only. Weekly % differs slightly (-2.4% vs -2.7%) by window. Liquidation clusters are from a Nov 7 technical note, not realized totals.»
Week ahead: October CPI Tue Nov 10 8:30 ET; Cleveland Fed model sees +0.24% headline, +0.21% core; December hike odds near 80%
✓ Verified PANews; FinancialJuice · Nov 8, 2026 · source
CPI lands Tuesday, PPI Friday Nov 13, with about 10 Fed speakers incl. Waller, Williams and Jefferson, and CoreWeave (Nov 10) plus Nebius and Cisco (Nov 12) reporting. Why it matters: With a hike about 80% priced after the 165k payrolls beat, an in-line 0.2% core print mostly confirms pricing, so the asymmetry is to a hot surprise that pushes yields and pressures BTC below the $75k support. «CPI date confirmed by two outlets (FinancialJuice dated Nov 6, one day outside window); BLS calendar not opened. 0.24%/0.21% is a Cleveland Fed model projection (PANews), not a survey consensus. The roughly 80% hike probability is LSEG via PANews; other outlets gave 76.8-78% last week. FinancialJuice notes no year-over-year figures for October CPI; September was +0.6% m/m, 3.7% y/y (FinancialJuice only).»
Also in the Last Seven Days (Nov 1–Nov 8)
Democrats win Congress; CLARITY Act (failed 49-50 in September) lapses Jan 3 unless Senate acts in lame duck; Warren set to chair Banking
NBC/AP project a 51-seat Democratic Senate after a Nov 3 vote, and TD Cowen's Seiberg does not expect the CLARITY Act to pass in the next two years. Why it matters: Market-structure rules now more likely come from SEC and CFTC rulemaking than from Congress, and SEC/CFTC nominees will need Democratic votes, which raises enforcement and stablecoin-reserve scrutiny in 2027. «Some Senate races were uncalled at CryptoTicker's capture, so the final count may change. 49-50 vote date (Sept 15) is CryptoTicker only; Bitcoin.com confirms the vote but not the date. Warren as chair is 'expected'. The Senate did not move on CLARITY after Oct 15 per Troutman (as of Nov 2). Markets barely moved: BTC +0.3%, S&P futures -0.5%.»
Binance customers pull net $4.7B after record $6.3B hack as withdrawals resume
✓ Verified Reuters (via Business Insurance); The Block · Nov 2, 2026 · source
Net outflows were about 2.8% of platform assets, Binance raised $6B from treasury and reserves to cover losses, and the FBI attributed the Oct 29 attack to North Korea-linked TraderTraitor. Why it matters: A top exchange absorbing a $6.3B loss and a 48-hour freeze without insolvency limits contagion, but the $1.1B+ USDC freeze and exchange-custody risk keep pressure on stablecoin and exchange-token sentiment. «Hack itself occurred Oct 29 (outside the window); the outflow data is Nov 1-2. Figures differ by timing: $3.64B net after 9.5 hours (The Block, Nov 1) vs $4.72B later (Reuters, Nov 2); other search snippets showed $5.3B and $5.8B, not opened.»
Trump Media moves 4,259 BTC to Crypto.com ahead of Nov 30 put on its $1B convertible notes
Two transfers of about 2,140 and 2,119 BTC (about $343.7M) went from wallets labeled as note collateral to a Crypto.com-linked address; noteholders can demand repayment of up to about $1B on Nov 30. Why it matters: If the collateral is sold to fund repurchases, it is concentrated overhang equal to roughly 5.6 days of average ETF outflow this week, landing during a weak-demand tape. «Not confirmed as a sale; wallet labels are Arkham's. Other outlets (CryptoTicker weekly recap, IBTimes) report the same move but were not independently opened as a second source; recap carries the Nov 30 deadline only. The days-of-outflow comparison is our arithmetic.»
Key Trends
ETF demand has turned into a drag — Two straight outflow weeks, -$1.28B for BTC and -$365M for ETH in the latest, push BTC ETF flows negative for 2026 (about -$914M) while BTC sits near $76k.
Policy risk is shifting from Congress to agencies — A Democratic sweep and the CLARITY Act's Jan 3 lapse leave SEC and CFTC rulemaking, plus Warren's likely Banking chair, as the main channel for US crypto rules.
Inflation print is the next macro hinge — With a December hike priced near 80% and September CPI at +0.6% m/m, Tuesday's reading decides whether yields add to the pressure on risk assets.
Ones to Watch
CPI, Tue Nov 10, 8:30 ET — A core print above the Cleveland Fed's +0.21% model would likely lift hike odds above 80%; BTC support is $75,000 and Friday's low $74,722.
MSCI affected-company list, Wed Nov 11 — MSCI publishes the final list on digital-asset treasuries (Strategy, Metaplanet and others flagged on Sept 30 data); removals would take effect at the close of Nov 30.
📐 Methodology ETF flows (methodology): The Block's weekly figures (BTC -$1.28B, YTD about -$914.1M, ETH -$365.3M) are SoSoValue data. Nov 6 BTC -$411.9M and ETH -$93.2M also from SoSoValue via The Block; yesterday's brief had Farside at -$411.9M BTC and -$93.3M ETH, so the two agree on BTC and differ by $0.1M on ETH (rounding or cutoff). Farside and SoSoValue sites not opened directly; Farside weekly total not independently seen.
📐 Methodology A search snippet (thecurrencyanalytics, not opened) gave a 2026 BTC ETF net of -$502M versus -$914.1M at The Block; the difference likely reflects the data provider or start date. We publish only the opened figure.
📐 Methodology Prices: our CoinGecko 13:12Z BTC $75,964 vs articles $75,882 (crypto.news 12:32Z) and about $75,800 (CryptoTicker early Sunday). CoinGecko /global total cap -3.48% conflicts with flat majors; treated as unreliable. Articles gave total cap $2.56T (Nov 7).
📐 Methodology Strategy: 849,327 BTC at $75,451 average cost per Nov 2 8-K (yesterday's item); with spot $75,964 the position is only about 0.7% in profit, and a close under $75,451 puts it under water. No new Strategy purchase disclosure found in Nov 7-8; it typically files Mondays.
📐 Methodology Dropped: MSCI rule announcement (Oct 15, outside window; kept as watch item, confirmed by Unchained, The Block and CryptoTicker). Russia retail crypto from Nov 17, MEXC FinCEN order and Anthropic IPO roadshow (PANews, single, off-topic) not used. SEC/CFTC: no new Nov 7-8 actions found; Troutman newsletter covers Oct 15-Nov 2, CFTC event-contract comments due Nov 18.
📐 Methodology Several pages (cryptotimes.io, ccn.com, orrick.com) failed to open and were not used as sources.
VC & Capital
Weekend lull: no venture round dated Nov 7-8 found; 24h slots filled with Nov 4-5 deals (flagged). 2 verified, 5 single, 0 rumor. Sources: Fortune, Dealroom, crypto.news, tZERO release/SEC, El Economista.
Oct 31-Nov 6 disclosed raises (crypto.news)
$43.5M
6 disclosed deals plus 5 undisclosed-amount; largest is Uranium Digital at $16.5M
Uranium Digital Series A (Fortune)
$16.5M
Led by Blockchain Capital; follows a $6.1M seed in 2025
tZERO SPAC pre-money equity value (company release)
$350M
Up to ~$231M from FG Imperii trust before redemptions; close expected early 2027
Soter Insure disclosed total funding (Dealroom)
$23.5M
Second Series B close adds SC Ventures and SBI; close size undisclosed
Most Recent (through Nov 8)
Uranium Digital raises $16.5M Series A led by Blockchain Capital
The New York uranium trading platform raised $16.5M (closed in October) led by Blockchain Capital with Portal Ventures and Apeiron, after a $6.1M seed in 2025; no valuation disclosed and the team is 11 people. Why it matters: A crypto-native fund leading a commodity-settlement round with Anthropic-style big-tech nuclear demand as the pitch shows VC money moving from tokens to tokenized real-world physical assets. «Out of the 24h window (Nov 5); no Nov 7-8 round found. Investor lists differ slightly between Fortune and Dealroom (Dealroom adds Framework, Mirana, Knollwood).»
Soter Insure draws SC Ventures and SBI into Galaxy-led Series B
The UAE digital-asset insurer added SC Ventures (Standard Chartered) and SBI Group in a second Series B close, with Token Bay follow-on; first close was July 2026 and disclosed total funding is $23.5M plus 500+ BTC and 2,000 ETH. Why it matters: Bank-affiliated strategics joining a crypto insurer suggests custody and counterparty cover is becoming a gating item for institutional entry. «Out of window (Nov 5). Close size and valuation undisclosed; Dealroom is an aggregator and other outlets seen only in search snippets were not opened.»
Takenos raises $7M seed extension to take LatAm stablecoin payments to 15+ countries
◆ Single-source El Economista (Argentina) · Nov 4, 2026 · source
North Island Ventures and Road Capital led the $7M extension with Variant, Lattice and Reverie, lifting total capital to $12M and funding growth from six countries to 15+ in 2027. Why it matters: Two non-crypto-native funds leading a stablecoin payments extension indicates payments, not DeFi, is where generalist money is still writing cheques. «Out of window (Nov 4). crypto.news and Phemex carry the same news but were not opened, so tier is single.»
Also in the Last Seven Days (Nov 1–Nov 8)
tZERO to go public via $350M SPAC merger with FG Imperii
The tokenization infrastructure firm signed a definitive deal at a $350M pre-money equity value (up to $25M milestone-linked), with up to ~$231M of trust cash before redemptions, NYSE American ticker TZRO and close expected early 2027; holders of ~62% of fully diluted capital signed support agreements. Why it matters: A SPAC rather than a traditional IPO shows the listing route available to mid-size crypto infrastructure, where redemptions can cut the cash far below the headline trust figure. «Pending S-4 effectiveness, shareholder approvals and listing approval; trust cash is a ceiling, not committed proceeds.»
CMCC Global tokenised funds close first raise above $15M on Bitfinex Securities
◆ Single-source Dealroom (Bitfinex Securities announcement Nov 3) · Nov 5, 2026 · source
Two market-neutral funds (Liberty Bitcoin Accumulation Fund and Crest) raised over $15M in tokenised interests, anchored by Warsaw/Frankfurt-listed BTCS S.A., issued on Tether's Hadron platform with secondary trading expected in November. Why it matters: First tokenised fund-of-funds under El Salvador's framework tests whether tokenised fund units can attract liquidity, which determines if this becomes a repeatable fund-raising channel. «Includes existing interests being tokenised, so not all new capital; eligible investors only; yield figures are targets; announcement originated Nov 3.»
Week of Oct 31-Nov 6: six disclosed crypto rounds total $43.5M, five more undisclosed
All six disclosed rounds were venture-led, from Uranium Digital's $16.5M down to Unruggable's $0.5M strategic from Colosseum; Takenos ($7M), Lombard ($4M) and CRSHMARKET ($3.5M) round out the list. Why it matters: With the median disclosed round near $5M, lead-investor names (Blockchain Capital, MMC, Variant-backed follow-ons) matter more than size in reading where early-stage conviction sits. «Repeats the roundup item from yesterday's brief with new per-deal detail; counts disclosed-amount deals only; coinspectator, finwire and archynewsy are mirrors.»
Key Trends
Venture-led rounds are small and concentrated in real-asset rails — Uranium Digital ($16.5M) and Takenos ($7M) lead the week's disclosed list, both tied to settlement or payments rather than tokens.
Strategic and bank-linked money joins second closes — SC Ventures and SBI joined Soter Insure's second Series B close; Flow Traders, Amber and Gate backed StableStock earlier in the week.
Listings route through SPACs and tokenised fund units — tZERO's $350M SPAC and CMCC's $15M tokenised funds on Bitfinex Securities are alternative paths to capital while IPO activity is absent from the week.
Ones to Watch
tZERO Form S-4 and redemption levels — The S-4 filing and later redemption data will show how much of the ~$231M trust actually reaches tZERO before the early-2027 close.
Next crypto.news weekly roundup (about Nov 14) — A total above the $43.5M of Oct 31-Nov 6 would indicate the slowdown is a one-week dip rather than a trend.
📐 Methodology Weekend window is thin: no venture or M&A item dated Nov 7-8 was found and opened; 24h cards are Nov 4-5 and flagged as out of window.
📐 Methodology Tracker methodology: crypto.news' $43.5M counts disclosed-amount deals only and excludes token sales and treasury deals, while RootData's October total (cited Nov 7) includes debt and non-native rounds, so the figures are not comparable.
📐 Methodology Not used: Revolut's $115B secondary (Nov 4, not crypto), eToro/LB Finanzas (amount undisclosed) and Strive/Payward items already covered Nov 7.
Bittensor / TAO
Source: shizzyunchained.com daily index, Nov 7, 2026 edition (Nov 8 returned 404); aggregator used as a lead list only, items re-checked against GitHub API, Finney RPC/archive, SEC EDGAR and subnet pages.
TAO price (CoinGecko, 13:12 UTC)
$225.23
+0.37% 24h
Subnets with updates / roster
21 / 128
Nov 7 edition
Finney runtime spec_version
488
RPC Nov 8; latest tag v488 (Nov 5)
SN46 Instant alpha burned (on-chain)
1,199.03 alpha
block 9,449,718; $866.14 «project-reported»
Most Recent (through Nov 8)
SN46 Instant burns 1,199.03 alpha in two finalized extrinsics; team calls it a first buyback
We decoded two successful SubtensorModule.AlphaBurned events on netuid 46 in extrinsic 12 of block 9,449,718 (158.839753801 + 1,040.188920358 alpha), matching the team dashboard's 1,199.03 alpha, which also lists $866.14 bought back and burned at 4:25 PM ET Nov 6. Why it matters: A recurring usage-funded burn would tie SN46 alpha supply to API demand, but a single burn is too small a sample to show that link. «The alpha amounts are on-chain; the $866.14 figure, the 'first buyback' label and any funding source are project-reported and not traced (no AddStakeBurn marker per the aggregator monitor). Dashboard coverage is labelled partial. No independent outlet coverage found.»
SN127 Zils merges opt-in adapter reward tied to paid API use, capped by revenue
PR 216 'Pay the adapter track from paid adapter spend, capped by revenue' merged to main at 19:48 UTC, crediting miners whose delivered adapters get paid API use in the first 30 days, with unused share routed to a burn UID per the index. Why it matters: Tying miner pay to paid usage rather than free or test traffic is a template other subnets may copy if it holds up in production. «Merge confirmed via API; 'off by default', the 30-day window and burn routing are from the index summary and the PR body was not fully read. The signed spend ledger is a platform claim; no activation or payouts verified.»
SN64 Chutes lists Tencent Hy4 at $0.525 in / $1.5625 out per million tokens
✓ Verified chutes.ai model page (official) · Nov 6, 2026 · source
The Chutes page for tencent/Hy4 loads and shows $0.525 input, $1.5625 output and $0.025 cached per million tokens, 20 invocations and 0 active instances. Why it matters: Zero active instances at the time of the read suggests hosting is on-demand, which affects latency for first callers. «Page read Nov 8; the Nov 6 14:36 UTC announcement itself (X) was not opened and no inference or benchmark was run. Open-weights status not verified.»
Also in the Last Seven Days (Nov 1–Nov 8)
Finney runtime 488 is live; v488 source caps burn+recycle at 33%, validator at 50%, miner floor 33%
✓ Verified Finney RPC; RaoFoundation/subtensor v488 release and emission_weights.rs · Nov 5, 2026 · source
state_getRuntimeVersion returned spec_version 488 at 13:20Z Nov 8; release v488 (published Nov 5 21:07 UTC) bundles Release 487 (quantum-resistant wallets, Gamma) and the v488 source defines per-subnet five-slot emission weights with owner at most 33%. Why it matters: Subnet owners can now set burn, recycle, owner, validator and miner splits within those bounds, so emission per subnet becomes a governance choice rather than a fixed rule. «Source read, not exercised: the aggregator's chain monitor reports no allocation events through block 9,452,010 (Nov 7 05:03 UTC), so we have no evidence any subnet changed its split. The opentensor/subtensor repo now redirects to RaoFoundation/subtensor.»
Grayscale Bittensor Trust 10-Q: 59,165.79 TAO held at Sep 30; NYSE Arca listing planned, staking barred
✓ Verified SEC EDGAR: Grayscale Bittensor Trust Form 10-Q and S-1/A No. 2 · Nov 5, 2026 · source
The 10-Q (signed Nov 5) reports 59,165.79 TAO and $17.73M net assets at Sep 30 ($299.70 per TAO, $5.66 per share) and 3,342,000 shares on Nov 2 versus 3,133,800 at Sep 30; S-1/A No. 2 (Oct 23) says the trust will list on NYSE Arca as Grayscale Bittensor ETF. Why it matters: At the current CoinGecko $225.23 versus $299.70 at quarter-end, the trust's TAO is worth roughly 25% less in dollar terms, while a share count up about 6.6% since Sep 30 shows continued creations. «No listing date or sponsor fee is stated (fee blank in S-1/A); the last ~33,000 characters of the S-1/A were not read; the share-count rise is unexplained in the filing. Trust currently trades OTCQX as GTAO. No news-outlet coverage of this 10-Q found.»
SN15 ORO publishes SMB Bench: GPT-6 Astra scores $7,749 mean quarterly profit versus $6,412 for a fixed rule
The ORO page lists 485 runs across 9 models and 18 tasks over 90 simulated buying days; only GPT-6 Astra beats the fixed buying rule, with Claude Fable 5.1 at $5,427 and GPT-6.1 Sol at $5,404. Why it matters: A benchmark that scores delayed consequences gives SN15 a research product, but it does not yet show the subnet's mainnet workload or any revenue. «Self-published simulation scores, not business revenue; we read the leaderboard but did not rerun or regrade anything (regrading bundle is gated per the index). ORO's mainnet workload plans were not established by this release.»
Key Trends
Burns keep appearing, funding rarely traced — On-chain we confirmed SN46 (1,199.03 alpha) and SN8 Vanta (129.006 alpha, block 9,450,472, Nov 6 23:56 UTC); the aggregator's monitor also lists SN76 Ormas at 233.23 alpha, and none carries a verified buyback funding trail.
Emission control moves to subnet level — Runtime 488 sets bounded per-subnet emission slots, while SN127 Zils is already coding a reward rule keyed to paid usage.
Institutional TAO exposure rising in share count, not price — Grayscale's trust added about 208,000 shares between Sep 30 and Nov 2 while TAO traded below its $299.70 quarter-end level.
Ones to Watch
Grayscale Bittensor ETF effectiveness — S-1/A No. 2 (Oct 23) gives no date; watch for an effective registration and NYSE Arca listing notice, and for any staking-condition filing.
First subnet to use custom emission weights — Check chain events for non-default emission vectors on any subnet after runtime 488; none seen through block 9,452,010 per the aggregator monitor.
📐 Methodology Index edition used: Nov 7, 2026 (Nov 8 returned 404), coverage window Nov 6 10:23 to Nov 7 15:58 ET. Star ratings and 'verified' labels ignored; tiers rest on our own reads.
📐 Methodology Verified by us: Finney RPC spec_version 488 (entrypoint-finney.opentensor.ai); AlphaBurned events at blocks 9,449,718 (netuid 46, extrinsic 12) and 9,450,472 (netuid 8, extrinsic 24, 129.006214956 alpha), both ExtrinsicSuccess, decoded via archive.chain.opentensor.ai; latest release tag v488 (RaoFoundation/subtensor, Nov 5 21:07 UTC); CoinGecko TAO $225.23 (+0.37%) at 13:12Z Nov 8.
📐 Methodology Opened and not used as cards: SN8 Vanta burn (on-chain verified, repeated in trends), SN71 PR1110, SN17 PR83 (merge times confirmed via API), SN54 Yanez PR7236 and PR7352 (both merged into feature/yanez-pulse, not main; the index said 7352 was open, the API shows merged Nov 7 13:02 UTC).
📐 Methodology Dropped: SN23/SN92 REAX EU Mode (X post only, same claim twice), Yanez largest-client claim (issuer X post, NDA), SN107 Minos beta, Shizzy video (aggregator-own content), SN117 pricing claims. X posts were not opened.
📐 Methodology No independent outlet coverage found for any subnet item; search returned general Bittensor explainers only and none were opened. SEC filings are primary sources, not outlet coverage.
