Cryptoccino — Tuesday 10 November 2026

Tokenised stock infrastructure is crystallising fast. NYSE selected Avalanche as the core ledger for its affiliated tokenised-securities clearing firm, targeting 24/7 settlement. Formation simultaneously notified the SEC it will operate the first such venue on Solana, with tokenised shares of Exodus, Forward Industries, and Galaxy Digital slated for early 2027. Robinhood has backed tokenisation of its own stock on the OKX-ICE platform, one of the few companies to do so as most peers opt out. theblock decrypt theblock coindesk

Vitalik reframes ETH’s value proposition, Bitmine keeps buying. Buterin publicly moved away from the ‘ultrasound money’ narrative, arguing ETH’s worth derives from stability, decentralisation, and censorship resistance rather than fee burns. Tom Lee’s Bitmine used the statement as cover for a further $20 million ETH purchase, bringing its stack to 6.07 million ETH, within a hair of its stated 5% of circulating supply target. decrypt decrypt theblock

Trump Media swings to a $410 million Q3 profit on Bitcoin gains. The company reported net income of roughly $410 million for the quarter, reversing a $55 million loss a year earlier, almost entirely on unrealised and realised gains from its 15,649 BTC treasury position. The core media business contributed negligibly, underlining how exposed the firm’s earnings are to BTC price moves. theblock cryptobriefing

Pendle emerges as the dominant DeFi venue for tokenised stock yield. The protocol now holds roughly 18.5% market share among DeFi tokenised stock platforms and has topped $850 million in real-world asset TVL, as yield-seeking capital rotates into RWA-backed positions. The growth reflects how quickly tokenised equity is finding a DeFi home alongside more conventional RWA like T-bills. cryptobriefing cryptobriefing

Coinbase receives full OCC approval for a national trust bank charter. The Office of the Comptroller of the Currency granted final sign-off, letting Coinbase bring its institutional custody business under federal oversight and opening the door to digital asset payment products. It joins Circle and Ripple as the small club of crypto-native firms with a federal banking footprint. coindesk bloomberg_crypto cointelegraph_regulation decrypt

Coinbase and PNC Bank pilot USDC payments for corporate clients. PNC is accepting USDC as a payment rail for its institutional book through an expanded Coinbase partnership, a concrete step toward stablecoin settlement in mainstream commercial banking. The move coincides with the OCC charter news, compounding Coinbase’s regulatory and commercial momentum in a single session. theblock

Securitize acquires River One to push into asset-backed lending. The deal, which sent Securitize shares up 12% in after-hours trading, positions the tokenisation platform to offer asset-backed financing alongside its existing fund infrastructure. The move targets a slice of the roughly $6 trillion asset-backed finance market. coindesk theblock

Solana moves to remove the durable-nonce feature exploited in the $270 million Drift hack. Core developers are proposing to deprecate durable transaction nonces, the mechanism that allowed the attacker to pre-sign and delay transactions in the Drift exploit. Removing the feature would close the vector but requires coordination across wallets and dApps that currently use nonces for legitimate offline signing. coindesk

Binance hack launderers mint custom memecoins to obscure the trail. Elliptic identified North Korean-linked wallets creating their own Elon Musk and cartoon-animal tokens, routing stolen funds through liquidity pools to fragment the onchain trail. Roughly $2.85 billion of the $6.3 billion Binance haul has been partially disrupted by stablecoin freezes, but the memecoin technique adds meaningful friction for investigators. coindesk bloomberg_crypto theblock decrypt

NEAR AI pauses cloud inference after detecting unauthorised access. The team halted its cloud inference service following a breach, raising questions about the confidentiality guarantees the project had been marketing. No loss figures were disclosed. cryptobriefing

OFAC sanctions eight Canadian crypto OTC desks for serving Iran and drug cartels. Chainalysis traced millions in flows through the designated desks to Iranian illicit finance networks and drug trafficking organisations. The action is a reminder that OTC counterparty risk sits squarely in the sanctions compliance frame. chainalysis

CertiK calls for hard dollar caps on exchange hot wallets. The security firm published a recommendation that exchanges set strict limits on hot wallet balances, citing the concentration risk exposed by recent large-scale hacks. CertiK acknowledges the trade-off: tighter caps slow settlement and may degrade user experience at scale. cryptobriefing

Senate Banking chair Warren signals crypto and prediction market scrutiny. Elizabeth Warren, taking the Banking Committee chair, said she intends to press on oversight of prediction markets and the Trump family’s crypto ventures. Combined with a separate Senate records deadline served on Binance, Tether, and World Liberty Financial, the committee is signalling an active investigative posture. theblock cointelegraph_regulation

Trump distances himself from World Liberty Financial amid UAE scrutiny. Asked why he has not divested, Trump said his sons manage the business and that every president faces conflicts, while claiming to know nothing about a UAE-linked investment in the firm. Justin Sun separately challenged filings related to the matter, adding another layer of public dispute to an already complicated ownership picture. coindesk theblock decrypt

River Markets registers a CFTC futures commission merchant for prediction market prime brokerage. The affiliated entity’s FCM registration with the CFTC is a structural move toward institutional-grade access to prediction markets, arriving just as Warren flags the sector for oversight. The timing puts River Markets in the crosshairs of the very scrutiny it is building infrastructure to anticipate. theblock

CFTC sanctions eight individuals for acting as unregistered foreign introducing broker agents. The enforcement action covers individuals who facilitated access to US customers on behalf of unregistered foreign brokers, a recurring compliance failure as offshore platforms chase US order flow. cftc_enforcement

What else is grinding?

• XRP Ledger has mapped out a path to quantum-resistant accounts at no extra cost to users, with a formal proposal now in progress. coindesk
• Zcash developers are proposing 20-second block times, less than a week after the network’s last major speed upgrade. coindesk
• Ethereum Foundation and Vitalik Buterin face a lawsuit from a former employee alleging wrongful termination and retaliation linked to a recorded conversation about a ‘suicide pledge’ dispute. theblock
• Upbit is listing Hyperliquid’s HYPE token in KRW, BTC, and USDT pairs today, expanding the token’s reach into Korea’s high-volume retail market. cryptobriefing
• A single Bitcoin block nearly matched a 2015 transaction count record but generated only $180 in fees, illustrating how low-cost ordinals-era activity has decoupled block fullness from miner revenue. coindesk
• Zama spin-off Raycash has gone live on Ethereum with fully private stablecoin payments and Morpho-backed yield on idle balances using FHE. theblock

Last sip. Tuesday’s CPI print will tell us whether the market has been pricing in disinflation or just hoping for it.