The Polylog Crypto Intelligence Brief

Morning Edition · Tuesday, November 10, 2026

Crypto

North Korean Launderers Mint Their Own Memecoins on NEAR to Move Binance Hack Proceeds, Elliptic Says

The route moved about 117,000 NEAR, worth roughly $430,000, and Binance founder Changpeng Zhao acknowledged that staff skipped basic security rules before the $6.3 billion theft.

8 sources
Corroborated

Crypto

Coinkite's Chief Executive Defends Coldcard Reviews and Says an AI Model Found the Seed Flaw Humans Missed

On the same day, BlackRock said demand to swap directly held bitcoin for shares of its iShares Bitcoin Trust (IBIT) is the highest it has seen, and that security is the main reason.

5 sources
Plausible

Crypto

Brazil's Mercado Bitcoin Loses About $38 Million From Hot Wallets as ACryptoS and Ankr Suffer Smaller Exploits

ACryptoS lost about $665,000 across 77 vaults and is shutting down, an attacker reused a valid Optimism transaction to drain roughly $300,000 from Ankr's bridge, and Initia restarted after an unauthorized mint worth about $2.6 million.

9 sources

Crypto

XRP Ledger Foundation Maps Out Quantum-Resistant Accounts With No Added Fees and a Full Transition by 2028

Account owners would attach a quantum-resistant key and switch off the old one, while a new Ethereum research proposal shows that the bandwidth cost of post-quantum signatures remains unsolved.

2 sources

Crypto

Miden Packages Its Privacy Tools as a "PriFi" Stack and Ships the Bread Wallet, While Aztec Demonstrates Anonymous Posting

Bread offers private sending, receiving and swapping now, with earning and cross-chain actions promised later, and Aztec's RollingChat lets users post to a moderated board without revealing who wrote each message.

5 sources

Crypto

Binance Will Close Accounts in France, Spain, Italy and Poland on December 31 and Charge Idle Balances From November 29

Binance has no license under the European Union's Markets in Crypto-Assets Regulation (MiCA) after withdrawing its Greek application in June, and balances left on the exchange will incur a monthly fee of 0.025% or 10 USDC.

4 sources
Corroborated

Crypto

Cardano's Leios Upgrade Needs a Setting the Draft Constitution Forbids, and Researcher Kevin Hammond Proposes Emergency Exceptions

Input Output Group (IOG) also named Serokell and AlwaysTrue as the latest firms taking on Cardano engineering, as its core teams move toward independence.

4 sources

Crypto

Elizabeth Warren Prepares to Chair Senate Banking With Prediction Markets as an Early Target

TD Cowen's Jaret Seiberg puts only a 10% chance on Congress banning platform-paid stablecoin yield within two years, even as banks renew their push under a Democratic majority.

4 sources
Corroborated

Crypto

MARA Sells 13,597 Bitcoin for $1.1 Billion and Repays All Its Bitcoin-Backed Loans as Transaction Fees Stay Negligible

MARA's third-quarter revenue fell 35% to $164.2 million and the miner says its remaining coins can fund artificial intelligence data centers, while Strategy kept buying at an average of $79,012 per bitcoin.

8 sources

Crypto

FinCEN and the Federal Reserve Withdraw the 2020 Plan to Cut the Travel Rule Threshold to $250

The withdrawal also drops language that would have stated explicitly that the funds-transfer rules cover crypto, leaving the $3,000 threshold and existing guidance in place.

4 sources

Crypto

Canada's Budget Would Require Banks to Issue Stablecoins Through Subsidiaries Outside Deposit Protection

Budget 2026 would also extend the Stablecoin Act to some foreign institutions that Canada does not prudentially supervise, while Circle moved the fund behind its USYC token into longer-dated Treasury bills.

4 sources

Crypto

Securitize Buys River One and Robinhood Backs Tokenizing Its Own Shares on the OKX–ICE Platform as Most Companies Opt Out

Securitize paired the deal with a $50 million buyback on 13% revenue growth, while Amundi put a European equity fund share class on Ethereum without publishing who can hold or redeem it.

5 sources