The Polylog Crypto Intelligence Brief

Morning Edition · Wednesday, November 11, 2026

Crypto

Bitcoin Developers Merge Three Signature-Aggregation Proposals That Could Cut Fees by Up to 27%

The documents specify cross-input signature aggregation for a new Taproot output type, but they remain drafts, and the soft fork they require has no activation plan and no wallet support.

7 sources

Crypto

Mercado Bitcoin Hot-Wallet Theft Reached as Much as $49 Million as Attacks on Exchange Back Offices Continue

Brazil's largest crypto exchange has only reopened in view-only mode, Binance says it has covered about 95% of its $6.3 billion loss, and an outdated card contract shows the same weakness further up the supply chain.

9 sources
Corroborated

Macro

October Consumer Prices Rose 0.4%, and Markets Now Treat a December Federal Reserve Hike as Certain

Bitcoin fell to about $73,700 and ether to about $2,062 as $723 million of leveraged crypto positions were liquidated and exchange-traded fund holders withdrew money.

5 sources

Crypto

LNbits Ships Emergency Version 1.7.0 After Attackers Drained Lightning Wallet Servers

Every LNbits release before 1.7.0 is affected, and the same week Binance warned that an unpatched iPhone flaw could let malicious apps read other apps' seed phrases.

5 sources

Crypto

Poland's Lower House Votes 240-202 to Let the Interior Minister Freeze Bitcoin Before a Court Rules

The sanctions bill covers both bank funds and crypto held by people on a national list, and an appeal to a court would not suspend the freeze.

5 sources
Corroborated

Crypto

Glassnode Says 35.4% of Issued Bitcoin Now Sits Behind Exposed Public Keys

The 7.12 million bitcoin estimate is above the 6.04 million the firm reported in May, as exchange address reuse and old coins add to the supply a future quantum computer could target.

4 sources

Crypto

Miden Launches a Private Wallet and a "PriFi" Stack as Aztec Ships an Anonymous Message Board

Miden's Bread wallet and its USDC-backed private stablecoin bring confidential payments to consumers, but the backing asset still sits under its issuer's control.

5 sources

Crypto

Goldman Sachs and Citi Among Banks Said to Commit $270 Million to a Dollar Stablecoin Venture

The venture, called Project Faro, plans to incorporate in the United States, and it joins a wider bank push into dollar tokens and tokenized securities as Tether and Circle together hold $245.84 billion of supply.

5 sources

Crypto

CFTC Warns Kalshi of Possible Charges While Siding With Crypto Firms on Perpetual Futures

Senator Elizabeth Warren is pressing the White House over staff insider trading on prediction markets, and the agency is defending its approval of perpetual contracts against a lawsuit from CME Group.

5 sources
Plausible

Crypto

Trump Media Has Pledged 73% of Its Bitcoin to an Options Counterparty as a $1 Billion Note Deadline Nears

MARA sold bitcoin to remove a $750 million collateral risk and Strategy relied on common stock sales, while Miami-Dade County accepts bitcoin for taxes but holds none.

7 sources
Corroborated

Crypto

New Research Finds Bitcoin Mining Built Around Useful Work Could Increase Energy Use

A second paper proposes splitting block rewards to stop miners undercutting each other once fees replace the subsidy, as Canaan's rig sales fell 96% from a year earlier.

4 sources

Crypto

Solana Perpetual Futures Volume Jumps 65% as Spot Trading Shrinks and South Korean Exchanges List HYPE

One venue handles about 77% of weekly Solana perpetual turnover, Binance adds HYPE and TRX contracts settled in USDC, and the Lighter perpetuals exchange is among the few layer-2 networks gaining value.

2 sources