[Zcash developer proposes quadrupling max block size in NU8 upgrade]

Zcash developer Dev Ojha proposed on the Zcash forum that the NU8 upgrade, scheduled for late January next year, include a roughly fourfold increase in the network’s maximum block size to 8 MB from 2 MB.

Ojha also proposed including seven improvements in the upgrade: the launch of the Tachyon shielded pool, the introduction of a scalable transaction format, an increase in the maximum block size from 2 MB to 8 MB, the addition of SPHINCS-based quantum-resistant transparent transaction opcodes, an adjustment to the timing of NSM redistribution, a confirmed end date for Sapling deposits, and the removal of Consensus Branch ID updates.

Ojha emphasized that combining Tachyon with the block size increase could lift shielded transaction throughput to as much as 200 transactions per second, or 200 TPS, while also strengthening quantum-resistant security and improving wallet compatibility.
https://coinness.com/en/news/1174965

[Analyst says it may be time to step away as BTC stays muted despite U.S. stock rebound]

Bitcoin showed no reaction even as U.S. stocks rebounded, and it may be time to step away from the market for a while, cryptocurrency analyst KillaXBT, who has about 242,000 followers on X, said. KillaXBT noted, "S&P500" rose 3% and "Nasdaq" gained 6.6%, but Bitcoin was completely unchanged. By contrast, when the S&P 500 fell 0.5% after the close and the Nasdaq slipped 0.65%, Bitcoin dropped 1.1%, KillaXBT added.
https://coinness.com/en/news/1174966

[Buterin says AI could sharply accelerate Ethereum roadmap completion]

Ethereum founder Vitalik Buterin said AI could help complete Ethereum’s remaining roadmap far faster than previously expected, according to an interview with Indian business and finance outlet Moneycontrol.

Buterin identified active use of zero-knowledge proofs and AI-based formal verification as key goals of the “Lean Ethereum” upgrade planned over the coming years. He said the remaining roadmap workload would have taken 20 years based on conditions five years ago, but AI can significantly speed up development and help verify the safety of code and algorithms being written. He added Lean Ethereum aims to strengthen the network’s performance, decentralization and security at the same time.
https://coinness.com/en/news/1174967

[Tether freezes 5 Ethereum addresses holding about 24.35 million USDT]

Tether, the issuer of the dollar-pegged stablecoin USDT, froze five Ethereum addresses about eight hours ago, blockchain security firm SlowMist reported. The addresses were found to hold a combined 24.35 million USDT.

Separately, MistTrack, a SlowMist-affiliated platform, said one of the frozen addresses had a history of interacting with addresses identified as being linked to phishing and pig-butchering scams, adding the freeze was likely aimed at addresses tied to criminal activity.
https://coinness.com/en/news/1174968

[Upbit to list HYPE on KRW, BTC and USDT trading pairs]

South Korean exchange Upbit announced the addition of Hyperliquid (HYPE) for trading against KRW, BTC and USDT at 6:00 a.m. UTC on Nov. 10.
https://coinness.com/en/news/1174969

[MEXC CEO says exchange has opened communication channel with FinCEN]

MEXC CEO Vugar Usi said the crypto exchange has established a communication channel with FinCEN with support from major U.S. law firms and is prepared to fully cooperate with the agency’s investigation. Usi added that FinCEN received MEXC’s written request on Nov. 9, according to the exchange.

CoinNess reported on Nov. 7 that FinCEN had cut off MEXC from the U.S. financial system over alleged sanctions evasion involving Iran, North Korea and Russia. In that action, FinCEN said MEXC facilitated at least $16 billion in transactions tied to sanctions evasion, cybercrime and other illicit activity from May 2021 to May 2026, including about $1.5 billion linked to Russian sanctions evasion and $1 billion involving an Iranian crypto exchange.
https://coinness.com/en/news/1174971

[U.S. spot Bitcoin ETFs see $201M in net outflows for third straight trading day]

U.S. spot Bitcoin ETFs recorded $201 million in net outflows on Nov. 9, marking a third consecutive trading day of net redemptions, according to Farside Investors.
- BlackRock IBIT: -$213.2 million
- ARK Invest ARKB: -$9.9 million
- Morgan Stanley MSBT: +$22.1 million
https://coinness.com/en/news/1174972

[U.S. spot Ether ETFs post $184.6M net outflow for third straight session]

U.S. spot Ether ETFs saw a net outflow of $184.6 million on Nov. 9, marking a third consecutive trading day of net withdrawals, according to Farside Investors.
- BlackRock ETHA: -$119.3 million
- BlackRock ETHB: -$20.8 million
- Fidelity FETH: -$19.1 million
- ARK 21Shares TETH: -$2 million
- Morgan Stanley MSSE: +$1.6 million
- Grayscale ETH: -$25 million
https://coinness.com/en/news/1174973

[BitPay adds crypto in-app payments via MoonPay with Apple Pay, Google Pay]

BitPay has partnered with fiat on-ramp infrastructure provider MoonPay to roll out in-app crypto payments, NewsBTC reported.

The company launched an integrated payment flow in more than 100 countries that lets users instantly buy cryptocurrency inside mobile wallets using Apple Pay, Google Pay, credit cards and SEPA bank transfers in Europe. BitPay aims to reduce cumbersome external verification steps involving third parties and lower entry barriers for new users by offering a one-tap checkout experience similar to mainstream mobile shopping apps.
https://coinness.com/en/news/1174974

[Bithumb to list HYPE and CARDS on KRW trading pairs]

South Korean exchange Bithumb announced the addition of Hyperliquid (HYPE) and Collector Crypt (CARDS) for KRW trading. HYPE will be listed at 7:00 a.m. UTC today, while CARDS will be listed at 9:00 a.m. UTC today.
https://coinness.com/en/news/1174975

[DP lawmaker says government pledged to submit digital asset framework bill this month]

South Korean Democratic Party lawmaker Lee Kang-il said the government has pledged to submit a bill to establish a basic legal framework for digital assets this month, Digital Asset reported. Lee said the basic law should be enacted by year-end to support follow-up institutional reforms.

Speaking at a forum on the tasks ahead after the digital asset basic law held at the Financial Investment Association’s Leaders Hall on Nov. 10, Lee said the government had promised to submit the bill this month and added that the commitment was more specific than in the past.
https://coinness.com/en/news/1174976
See more: https://www.digitalasset.works/news/articleView.html?idxno=44179

[CertiK says cold wallet ratios alone fall short for exchange security]

Blockchain security firm CertiK said exchanges should set absolute U.S. dollar caps for hot wallet holdings rather than relying solely on cold wallet custody ratios, Cointelegraph reported today.

The firm pointed to weaknesses in the cold wallet storage ratio, a common exchange security metric, following a recent $6.3 billion Binance hot wallet breach. CertiK warned against exchanges emphasizing safety by saying 90% to 99% of assets are kept offline. While regulations in multiple jurisdictions mandate cold wallet ratios, including 80% in South Korea, 95% in Japan and 98% in Hong Kong, CertiK said an excessive focus on ratio-based rules can create other operational risks, including withdrawal delays, vulnerabilities tied to emergency fund transfers and concentrated key management.

CertiK recommended exchanges cap hot wallet holdings using the strictest standard among the ratio versus customer deposits, expected withdrawal volumes, and an absolute loss ceiling based on the exchange’s financial capacity, broken down by asset and blockchain. It also urged exchanges to put circuit breakers in place.
https://coinness.com/en/news/1174977

[Upbit to suspend ELF deposits and withdrawals on Nov. 17]

Upbit, a South Korean crypto exchange, announced it will temporarily suspend deposits and withdrawals of ELF at 1:00 p.m. UTC on Nov. 17 for a wallet upgrade.
https://coinness.com/en/news/1174978

[PBOC to probe parties tied to Solana promotional event in mainland China]

China’s central bank plans to investigate institutions and individuals involved in a Solana promotional event in mainland China after halting the event last month, the South China Morning Post reported. A People’s Bank of China official said Solana-related business qualifies as illegal financial activity under cryptocurrency crackdown rules issued in February by the PBOC and seven other agencies, and added Solana’s promotional activities in China also violated those rules.

Solana had planned to hold promotional events in major Chinese cities after opening a new office in Shanghai, but the first event in Shanghai was canceled. At the time, Solana Foundation Chairman Lily Liu said the schedule was postponed because the number of registrants exceeded the venue capacity reported to authorities.
https://coinness.com/en/news/1174979

[Crypto coalition backs CFTC oversight of single-stock perpetual futures]

Coinbase, Kalshi, Kraken, DRW, Jump Trading and Paradigm have filed an amicus brief backing the U.S. Commodity Futures Trading Commission’s regulatory authority over single-stock perpetual futures in the United States.

The filing comes after the CFTC approved extending the perpetual contract structure, which originated in crypto markets and has no expiration date, to U.S. single-stock derivatives. CME Group, Cboe and Citadel Securities, representing a coalition of traditional finance exchanges and market makers, then sued to overturn the approval, arguing the CFTC had overstepped its authority, as the jurisdictional dispute has intensified.

In the brief submitted to the court, the crypto and fintech coalition argued single-stock perpetual futures fall clearly within the CFTC’s regulatory oversight under the Commodity Exchange Act. The group also said the innovative derivatives could improve market liquidity and price discovery while trading safely within the regulatory framework.
https://coinness.com/en/news/1174980

[LNbits urges global server shutdown after exploit attacks hit Lightning services]

Bitcoin Lightning payment and wallet platform LNbits urged all server operators worldwide to shut down immediately after a series of exploit attacks disrupted parts of its network.

LNbits disabled its own cloud-hosted instances on Nov. 8 after signs of unauthorized account creation and withdrawals were detected, and also issued an urgent notice for self-hosted server operators to take their servers offline. Some services, including the Telegram tip bot 'BitTipBot,' were confirmed to have been affected, with about 2.28 million sats stolen. The incident temporarily disrupted key payment infrastructure, including merchant POS payments, online checkout and donation APIs.

The development team has merged code into its development branch under PR #4310, including measures to block internal requests and prevent account creation, but an official security patch has not yet been released as the formal version remains at v1.6.2.
https://coinness.com/en/news/1174981

[Bitcoin non-empty wallets fall by 109,000 in possible retail capitulation signal]

According to Santiment data on Nov. 10, the number of non-empty Bitcoin wallets has fallen by about 108,700 since peaking at 59.99 million on Oct. 16, a move seen as reflecting small-scale investors exiting the market amid a prolonged correction and stagnant prices.

On-chain analysts view this kind of retail capitulation as a typical precursor to bottom formation. In past cycles, broad retail exits and peak fear sentiment came ahead of major upswings. Bitcoin balances on exchanges have now fallen to around 1.28 million BTC, pointing to mounting supply pressure. Market watchers expect that if Bitcoin holds support in the $74,000-$75,000 range and reclaims $78,000-$80,000, exhausted selling and bargain accumulation by smart money could drive a broader trend reversal.
https://coinness.com/en/news/1174982

[BTC perp long/short ratios on top exchanges by open interest]

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest:
Overall: 49.7% long, 50.3% short
- Binance: 50.41% long, 49.59% short
- OKX: 49.93% long, 50.07% short
- Bybit: 49.19% long, 50.81% short
https://coinness.com/en/news/1174983

[Polymarket rolls out withdrawal whitelist to block phishing and session-hijack losses]

Polymarket has officially launched a withdrawal address whitelist feature to help prevent asset losses tied to account hacks and phishing signatures. Josh Stevens, Polymarket’s vice president of engineering, said on Nov. 10 users can now set their accounts so funds can be withdrawn only to pre-approved addresses. Adding a new address requires passing a secondary email verification step, followed by a mandatory 48-hour withdrawal lockup period. If account compromise is suspected, users can immediately invalidate additional requests through the email sent to them.
https://coinness.com/en/news/1174984

[BTC spot CVD chart at 3:00 p.m. UTC on Nov. 10]

The spot CVD chart is an order book analysis chart for the BTC/USDT spot trading pair. The upper section shows a volume heatmap, while the lower section shows cumulative volume delta, or CVD.

- The upper volume heatmap tracks trading volume at each price level. The background color becomes brighter when the price remains in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance.

- The lower cumulative volume delta indicator reflects buy and sell orders by capital size. As buy orders increase, the line in the corresponding color moves higher. The yellow line represents orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million.
https://coinness.com/en/news/1174985

[Jeffrey Huang takes $47.9K loss on BAYC NFT sale]

Taiwanese singer Jeffrey Huang, known as Machi Big Brother, sold BAYC NFT #7256 at a loss of about $47,870, according to Onchain Lens. The sale price was 7 ETH, or $14,850, which was 27.2 ETH below the 34.2 ETH Huang paid three years ago. CoinNess previously reported Huang had effectively wrapped up ETH long-position trading carried out over the past 18 months, with cumulative losses reaching $37.46 million.
https://coinness.com/en/news/1174986