The Polylog Crypto Intelligence Brief

Morning Edition · Friday, November 13, 2026

Crypto

Justice Department Wins Authority to Seize $1.2 Billion of Binance Funds It Ties to North Korea

The order covers part of the more than $2.7 billion that private firms had already frozen, and the FBI also took down the servers behind a deepfake video-call scheme that it says stole more than $400 million.

8 sources
Corroborated

Crypto

Privacy Pools Will Deploy on Aztec, Opening a Route for Screened Ethereum Assets Into Private Applications

Miden, a rival privacy network, used the same week to announce a "PriFi" financial stack and a consumer wallet called Bread, as privacy builders compete for institutional flows.

6 sources

Crypto

Helius Encrypts Solana Transfers, but Its Default Prover Protects Secrets Inside an Amazon Enclave

The design hides amounts and, in anonymous mode, the sender and recipient as well, but users still have to trust the hardware and the operator that run the default prover.

3 sources

Crypto

Attackers Took Over Across Protocol's Domain Through Its Registrar and Took About $402,000 From Users

The largest single loss was about $305,000 taken from one user's Aave deposit, and Across has pledged to repay victims although its smart contracts were never compromised.

4 sources
Corroborated

Crypto

Security Roundup: TENDRIL Pool Drained Through a Sell-Triggered Burn, Unifund Counted a WETH Round Trip as Profit

DeFiHackLabs' incident log reached 909 entries overnight, and SafePal customers whose data leaked in August are now getting fake security letters in the post.

10 sources

Crypto

Seam Verifies Every Zcash Block Header Inside a Base Contract and Proves Shielded Payments Without Linking the Chains

The design checks Zcash's proof of work on Ethereum's BLAKE2b precompile, including the 25-second blocks planned for the NU7 upgrade, so that Base contracts can act on Zcash payments without a trusted bridge operator.

1 source

Crypto

Ethereum Foundation Research Asks Whether Ethereum Needs More Fee Meters or More Prices

The new analysis compares a single blended gas price with the separate per-resource base fees proposed in EIP-7999, a draft by Anders Elowsson and Vitalik Buterin that no network upgrade has scheduled yet.

4 sources

Markets

Bitcoin Falls Below $70,000 as the Dollar Index Hits a 19-Month High and More Than $1 Billion in Leveraged Positions Are Liquidated

Ether fell below $2,000 and the 10-year Treasury yield held above 5 percent, while the abrupt resignation of Nvidia chief executive Jensen Huang added pressure on AI-linked risk assets.

8 sources
Plausible

Crypto

European Banking Authority Takes Direct Supervision of USDC's Reserves From the French Regulator

The November 12 handover makes Circle the first stablecoin issuer supervised in Brussels for liquidity and redemption, the same week Gemini reportedly sold its exited UK and EU units to stablecoin firm KAST for less than $10 million.

6 sources

Crypto

DTCC Adds Solana to Its Tokenization Service, Targeting the Second Half of 2027

Russell 1000 stocks, major index ETFs and Treasury securities held at the Depository Trust Company will become eligible on Solana after a Stellar launch planned for the first half of the year.

5 sources

Crypto

Trump Nominates Two Democrats and Two Republicans to the SEC and CFTC Weeks Before Republicans Lose the Senate

Kristin Johnson, a former CFTC commissioner, is named to the SEC, while Kalshi ended Donald Trump Jr.'s advisory contract after his firm invested more in rival Polymarket.

6 sources
Corroborated

Crypto

Crypto Treasury Companies Trade Below Their Holdings as Musk's Companies Discuss Combining 30,000 Bitcoin

Forward Industries' Solana treasury trades at a discount of 16.8 to 30 percent depending on how its shares are counted, while Jane Street raised its stake in Strategy by 54 percent.

4 sources