‍Bybit Security Lab Uncovers Hidden Fund-Freezing Capabilities Across 16 Major Blockchains A new report from Bybit's Lazarus Security Lab reveals that 16 major blockchain networks possess built-in code functionalities allowing for the freezing of user funds. The study, which analyzed 166 networks, found that an additional 19 networks could integrate similar features with minor adjustments. The report highlights real-world applications, citing instances of BNB Chain, Solana, XRP Ledger, and Tron utilizing such intervention mechanisms to mitigate exploits, network congestion, or other emergencies. David Zong, Head of Group Risk Control and Security at Bybit, emphasized the importance of transparency regarding these safety features to build trust within the decentralized ecosystem.
‍HTX Trading Championship: Over $1M Prize Pool and Individual Challenges Underway The global digital asset exchange HTX has launched its largest competitive event, the HTX Trading Championship, featuring a prize pool exceeding $1 million. The event includes a $50,000 Newcomer Welcome Bonus and a $200,000 prize pool for the Individual Challenge, split between spot and futures markets. The Individual Challenge runs until November 26th (UTC). Non-traders can also participate through daily lucky draws and giveaways.
‍Coinbase Taps Goldman Sachs Veteran for "Everything Exchange" Vision Coinbase has appointed Liz Martin, a former Goldman Sachs partner, as VP of Product, overseeing Markets and Derivatives. This move signals Coinbase's ambition to build an "Everything Exchange" platform, integrating a comprehensive suite of financial services within the digital asset ecosystem. Martin's 25 years of experience in global markets and financial partnerships are expected to be key in bridging traditional and decentralized finance. The strategy includes trading, lending, staking, custody, and exploring tokenized stocks, prediction markets, and early token sales to serve both retail and institutional clients. This positions Coinbase to become a comprehensive financial hub for the digital economy.
‍Bitcoin Eyes $105,000 Amidst Significant Binance BTC Withdrawals Bitcoin's price is seeing strong upward momentum, with traders targeting the $105,000 mark. Despite mixed short-term outlooks and resistance around $107,000, a notable surge in Bitcoin withdrawals from Binance exchange is signaling a potential accumulation phase. On-chain analytics indicate a significant increase in BTC leaving Binance in early November 2025, coinciding with the price hovering around $103,000. This trend, coupled with increased OTC desk activity, suggests institutional investors are moving BTC to cold storage for long-term retention, reducing sell pressure and underpinning bullish sentiment.
‍Sonic Labs Pivots: Prioritizing Business Value, Token Burns & NYC Expansion Sonic Labs, the organization behind the Sonic layer-1 blockchain, is strategically reorienting its focus towards long-term business value and token sustainability, moving beyond raw transaction speed. New CEO Mitchell Demeter emphasized building real value with price, growth, and sustainability in focus, aiming for a sustainable business model that returns value to tokenholders. The company will implement token supply reductions, a tiered reward system for builders, and fixed rewards for validators. Additionally, Sonic Labs is establishing a new office in New York City to bolster its US expansion and foster deeper connections within the traditional finance sector by building an institutional sales arm. Despite recent S token price declines, Sonic Labs is committed to establishing a solid foundation for long-term growth, underscoring a broader industry trend towards sustainable growth models and real-world utility.
‍Japanese Stablecoins to Fill BOJ's Bond-Buying Gap Japan's emerging stablecoin market is poised to become a significant buyer of Japanese Government Bonds (JGBs), potentially filling the void left by the Bank of Japan's reduced sovereign debt purchases. This shift could redefine monetary policy and establish digital asset companies as key players in the JGB market. JPYC, a Tokyo-based stablecoin issuer, plans to allocate 80% of its issuance proceeds into JGBs. This strategy aligns with a broader trend of stablecoin integration in Japan, endorsed by the Financial Services Agency and supported by major financial institutions. This integration aims to boost fiscal stability and promote yen-pegged digital currencies.
‍Biokript Pro Launches Solana DEX with Rug-Pull Protection, Secures Google Cloud Grant Biokript Pro, a new decentralized exchange on Solana, has launched with integrated on-chain stop-loss functionality and patented rug-pull protection. The platform also secured a $100,000 Google Cloud grant and received backing from Microsoft. Operating as a hybrid DEX, Biokript Pro combines on-chain transparency with an off-chain matching engine for fast transactions and zero front-running. It also features MEV protection and a profit-sharing model where BIOK token holders receive 50% of trading fees. The platform is live and aims for a $100 million market cap within 45 days post-launch.
‍Bitcoin on the Cusp of a Major Rally: $124,000 Target in Sight Analysts observe a significant surge in stablecoin supply, indicating accumulated buyer liquidity poised to drive Bitcoin (BTC) higher. The Stablecoin Supply Ratio (SSR) has fallen to levels historically marking BTC price bottoms. Concurrently, the Binance Bitcoin/Stablecoin Reserve Ratio (SRR) shows rising stablecoin reserves and shrinking BTC reserves, a precursor to market recoveries. Furthermore, the short-term holder seller exhaustion metric has reached its lowest point since August 2023, preceding substantial upside volatility. Technically, BTC is trading within a bullish falling wedge pattern, with a confirmed breakout above $107,000 potentially targeting $124,000.