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PropMarketCapFRESHExchanges and infrastructure

Binance expanded proof of reserves to 44 tokens: crypto exchange hacked for $6.34 billion

The world's largest crypto exchange published an expanded reconciliation of client funds after a $6.34 billion theft and stated that it had replenished about 98% of the affected assets. Withdrawals, however, are not fully open.

PropMarketCapFRESHRegulation

SEC clarifies cryptocurrency regulation: CC token is a digital commodity, not a security

The SEC's Division of Corporate Finance (the US securities market regulator) announced on November 3 that it will not seek penalties for the issuance of the CC token of the Canton Network: in its assessment, it is a digital commodity, not a security. The token gained 4%.

PropMarketCapFRESHInstitutional players and funds

Morgan Stanley tokenized US stocks and government bonds through DTCC

The bank became one of the first users of the new tokenization service from DTCC, the clearing center through which US securities transactions pass. US stocks and Treasury bonds have been converted into tokenized form.

PropMarketCapFRESHRegulation

Both chambers of Congress go to the Democrats: the cryptocurrency law in the US fades into uncertainty

In the midterm elections on November 3, 2026, the Democrats gain control of the House of Representatives and the Senate. The key crypto market structure bill - the CLARITY Act - loses its chances of being passed in its previous form.

PropMarketCapFRESHRegulation

56 companies refused to tokenize their shares: Amazon, Tesla and SpaceX on the list

The OKXICE joint venture (the OKX exchange and Intercontinental Exchange, owner of the NYSE) was going to launch round-the-clock trading of tokenized US stocks. 56 companies opposed it, including 49 of the 62 initially selected - about 79% of the original list.

PropMarketCapFRESHRegulation

SEC clarified cryptocurrency regulation: UNI may be a commodity, not a security

On November 2, staff of the U.S. Securities and Exchange Commission (SEC) published a clarification: distributing voting rights to thousands of holders does not in itself turn a token into a security. This concerns assets such as Uniswap (UNI) - the largest decentralized exchange on Ethereum.

PropMarketCapFRESHInstitutional players and funds

Binance: +$1.82 billion in a day versus minus $11.8 billion in a week

After resuming withdrawals, Binance showed a daily net inflow of $1.82 billion. The weekly total, however, remained deeply negative: $11.832 billion in net outflow.

PropMarketCapFRESHRegulation

Nvidia and Nike banned the tokenization of their shares: 69% of companies have already refused

Of the 62 American companies whose shares the OKXICE platform planned to trade as tokens around the clock, 43 have officially banned it. In total, there are 50 refusals; the response deadline for the first batch of notifications expires on Tuesday, November 3.

PropMarketCapFRESHExchanges and infrastructure

7,500 BTC left in SAFU: Binance crypto exchange has spent half of its insurance fund

After a $6.3 billion hack - the largest in crypto history - Binance transferred 7,499 BTC from its SAFU insurance fund. The fund's Bitcoin reserves have roughly halved: from ~15,000 BTC to ~7,500 BTC (about $583 million), and the exchange has not given a timeline for replenishing it.

PropMarketCapFRESHExchanges and infrastructure

Binance restored stablecoin and ETH withdrawals after the $6.3 billion hack, covering 95% of the losses

On November 1, Binance gradually reopened crypto asset withdrawals, which had been halted after the largest hack in crypto market history - damage is estimated at $6.3 billion. The exchange states that it has already reimbursed about 95% of the affected assets from its own resources and will not pass the losses on to clients.

PropMarketCapFRESHExchanges and infrastructure

Tether earned $1.5 billion on the USDT stablecoin in a quarter and holds $191.5 billion in assets

Tether (the issuer of USDT, the largest stablecoin - a coin whose exchange rate is pegged to the dollar) reported $1.5 billion in operating profit for the third quarter of 2026. Since the start of the year, the result has reached $4.5 billion.

PropMarketCapFRESHExchanges and infrastructure

Largest theft in crypto history: Binance crypto exchange reserved its $6.34 billion

Late in the evening on October 29, about $6.3-6.4 billion across 10 blockchains was withdrawn from Binance's hot wallets (network-connected storage from which client payouts are made). This is the largest theft in the industry's history - roughly four times larger than the $1.5 billion Bybit hack in February 2025.

PropMarketCapFRESHCrypto market

Binance hacker sold seven altcoins for $158 million and moved into 70,480 ETH

The attacker who withdrew about $3 billion from Binance sold off seven tokens for $158.25 million and used all the proceeds to buy 70,480 ETH. About $2.86 billion remains under his control, while issuers managed to freeze another roughly $2.69 billion.

PropMarketCapFRESHCurrencies, commodities and indices

Alphabet shares on Nasdaq -10% after earnings: AI expenses ate cash flow

Alphabet (Google's parent company) reported for Q3 on the evening of October 28 at 23:00 Moscow time and lost 10% in the evening session. It wasn't revenue that let it down, but profit and cash: free cash flow went negative for the second quarter in a row.

PropMarketCapFRESHRegulation

DTCC launches tokenization: 34 securities, 20 participants, $114 trillion under custody

On October 28, The Depository Trust Company (DTC) - the main US depository, through which clearing of trades on NASDAQ passes - activated the DTCC Tokenization Service. Traditional stocks and bonds can now be converted into tokens on a blockchain and sent to digital wallets while retaining the same ownership rights.

PropMarketCapFRESHRegulation

26 out of 62: Intel, Oracle and IBM opted out of tokenizing their shares on the OKX and ICE platform

Four new refusals have been added to the OKXICE project - a joint venture between the OKX crypto exchange and Intercontinental Exchange (the owner of the New York Stock Exchange). Now 26 issuers from the original list of 62 companies have spoken out against trading tokenized versions of their shares.

PropMarketCapFRESHExchanges and infrastructure

XRP reserves on crypto exchanges hit a yearly high: 6 billion tokens flowed in over 30 days

Over 30 days through October 19, 6.05 billion XRP were deposited to exchanges - the most since March. Total exchange reserves rose to 11.81 billion tokens, the 99th percentile for the year.

PropMarketCapFRESHInstitutional players and funds

JPMorgan has launched its deposit token JPMD on the Ethereum mainnet

On October 19, the largest US bank, JPMorgan Chase, launched its deposit token JPM Coin (JPMD) on the Ethereum mainnet. Access is granted only to the bank's approved institutional clients.

PropMarketCapFRESHRegulation

ESMA requires winding down unauthorized stablecoins by January 8 under the MiCA crypto law

The European regulator ESMA has clarified requirements for stablecoins that have not received authorization under MiCA. By January 8, crypto platforms in the European Union must cease related services, including custody and transfers.

PropMarketCapFRESHRegulation

ESMA Tightens Control Over Stablecoins: Assets Not Compliant with MiCA Must Be Removed by January 8, 2027

ESMA has required MiCA-licensed crypto exchanges, brokers, and custodians to cease services with stablecoins that do not meet European regulatory requirements. A deadline of January 8, 2027 has been set for closing and transferring existing positions.