[BitGo posts $2.85 billion in Q3 revenue, down 50.9% on year]
Crypto custodian BitGo posted $2.85 billion in third-quarter revenue this year, The Block reported. The figure was down 50.9% from a year earlier and 34.1% from the previous quarter, amid weaker cryptocurrency trading activity. Net income, however, rose 94% from a year earlier to $44.1 million, with $71.5 million in unrealized gains from crypto assets held cited as a key factor.
https://coinness.com/en/news/1175000
Crypto custodian BitGo posted $2.85 billion in third-quarter revenue this year, The Block reported. The figure was down 50.9% from a year earlier and 34.1% from the previous quarter, amid weaker cryptocurrency trading activity. Net income, however, rose 94% from a year earlier to $44.1 million, with $71.5 million in unrealized gains from crypto assets held cited as a key factor.
https://coinness.com/en/news/1175000
CoinNess
BitGo posts $2.85 billion in Q3 revenue, down 50.9% on year - CoinNess
Crypto custodian BitGo posted $2.85 billion in third-quarter revenue this year, The Block reported. The figure was down 50.9% from a year earlier and 34.1% from...
[Bitcoin wallets holding 1-100 BTC add 14,207 BTC over two weeks: Santiment]
Wallets holding one to 10 BTC and 10 to 100 BTC accumulated about 14,207 BTC over the past two weeks, according to on-chain analytics firm Santiment. Santiment said buying by small- and mid-sized holders has continued despite Bitcoin’s price decline and worsening sentiment among retail investors.
Based on historical probabilities, Santiment said major investors who moved against the broader market have generally been profitable. At the same time, it said sentiment among smaller retail investors is nearing its limit, with the number of addresses holding over 0 BTC down by about 109,000 from Oct. 16. Ironically, Santiment added, past waves of retail capitulation have often preceded major market recoveries.
https://coinness.com/en/news/1175001
Wallets holding one to 10 BTC and 10 to 100 BTC accumulated about 14,207 BTC over the past two weeks, according to on-chain analytics firm Santiment. Santiment said buying by small- and mid-sized holders has continued despite Bitcoin’s price decline and worsening sentiment among retail investors.
Based on historical probabilities, Santiment said major investors who moved against the broader market have generally been profitable. At the same time, it said sentiment among smaller retail investors is nearing its limit, with the number of addresses holding over 0 BTC down by about 109,000 from Oct. 16. Ironically, Santiment added, past waves of retail capitulation have often preceded major market recoveries.
https://coinness.com/en/news/1175001
CoinNess
Bitcoin wallets holding 1-100 BTC add 14,207 BTC over two weeks: Santiment - CoinNess
Wallets holding one to 10 BTC and 10 to 100 BTC accumulated about 14,207 BTC over the past two weeks, according to on-chain analytics firm Santiment. Santiment ...
[NEAR AI says hack exposed account data for about 100 users]
NEAR AI, the artificial intelligence unit of NEAR, said on Nov. 9 that a hack exposed account information for about 100 users.
The exposed data included email addresses, names, and, for some accounts, plan and balance details. Chat histories and settings for 18 AI agents were also exposed, along with API keys for some cloud customers. NEAR AI said it found no signs that stored private chat conversations or uploaded files had been accessed. The company added it had fixed the vulnerability, restored access to NEAR AI Cloud, and individually notified affected users.
https://coinness.com/en/news/1175002
NEAR AI, the artificial intelligence unit of NEAR, said on Nov. 9 that a hack exposed account information for about 100 users.
The exposed data included email addresses, names, and, for some accounts, plan and balance details. Chat histories and settings for 18 AI agents were also exposed, along with API keys for some cloud customers. NEAR AI said it found no signs that stored private chat conversations or uploaded files had been accessed. The company added it had fixed the vulnerability, restored access to NEAR AI Cloud, and individually notified affected users.
https://coinness.com/en/news/1175002
CoinNess
NEAR AI says hack exposed account data for about 100 users - CoinNess
NEAR AI, the artificial intelligence unit of NEAR, said on Nov. 9 that a hack exposed account information for about 100 users. The exposed data included email ...
[Binance XRP funding rate hits 1-year high, signaling overheated futures market]
Crypto analyst Darkfost said on X that the 30-day cumulative funding rate for Binance XRP perpetual futures has risen to 0.18%, the highest level in more than a year. The last time it reached that level was in October 2025. Darkfost said extreme funding rates have often coincided with price tops or bottoms in the past. Although XRP has already undergone a 30% correction, bullish sentiment remains intact in Binance’s futures market. In XRP spot ETFs, 9.37 million XRP ($10.4 million) posted net outflows, pointing to a divergence from the derivatives market. Darkfost said cumulative funding rates and ETF fund flows should be considered together when assessing entry timing.
https://coinness.com/en/news/1175003
Crypto analyst Darkfost said on X that the 30-day cumulative funding rate for Binance XRP perpetual futures has risen to 0.18%, the highest level in more than a year. The last time it reached that level was in October 2025. Darkfost said extreme funding rates have often coincided with price tops or bottoms in the past. Although XRP has already undergone a 30% correction, bullish sentiment remains intact in Binance’s futures market. In XRP spot ETFs, 9.37 million XRP ($10.4 million) posted net outflows, pointing to a divergence from the derivatives market. Darkfost said cumulative funding rates and ETF fund flows should be considered together when assessing entry timing.
https://coinness.com/en/news/1175003
CoinNess
Binance XRP funding rate hits 1-year high, signaling overheated futures market - CoinNess
Crypto analyst Darkfost said on X that the 30-day cumulative funding rate for Binance XRP perpetual futures has risen to 0.18%, the highest level in more than a...
[ZetaChain token holders approve migration to Solana]
According to ZetaChain, token holders have approved a proposal to migrate to Solana. The company plans to shut down its existing Layer 1 blockchain on Dec. 9 and convert ZETA into a Solana-based SPL token at a one-to-one ratio.
ZetaChain also plans to launch AI platform Zeta Labs the same day and is currently accepting users for a waitlist. The utility of the ZETA token includes lockups for premium services, payment discounts, and governance participation.
Zeta Labs will provide access to multiple AI models and real-time market data, along with encrypted chat and conversation memory features. ZetaChain plans to burn about 55 million ZETA by 2027 and does not plan to issue additional tokens after the Solana migration.
https://coinness.com/en/news/1175004
See more: https://labs.zetachain.com/
According to ZetaChain, token holders have approved a proposal to migrate to Solana. The company plans to shut down its existing Layer 1 blockchain on Dec. 9 and convert ZETA into a Solana-based SPL token at a one-to-one ratio.
ZetaChain also plans to launch AI platform Zeta Labs the same day and is currently accepting users for a waitlist. The utility of the ZETA token includes lockups for premium services, payment discounts, and governance participation.
Zeta Labs will provide access to multiple AI models and real-time market data, along with encrypted chat and conversation memory features. ZetaChain plans to burn about 55 million ZETA by 2027 and does not plan to issue additional tokens after the Solana migration.
https://coinness.com/en/news/1175004
See more: https://labs.zetachain.com/
CoinNess
ZetaChain token holders approve migration to Solana - CoinNess
According to ZetaChain, token holders have approved a proposal to migrate to Solana. The company plans to shut down its existing Layer 1 blockchain on Dec. 9 an...
[Binance halts transfers with MEXC and affiliates after FinCEN designation]
Binance announced it will suspend fund transfers with MEXC and the affiliates named in its notice following FinCEN’s designation of MEXC as a primary money laundering concern.
The exchange said withdrawals to those entities will not be allowed, while assets coming in from them will be temporarily held for a regulatory compliance review. Binance added that access to related accounts may be restricted during the review process, and further steps, including service suspension, may be taken under its terms of service.
https://coinness.com/en/news/1175005
Binance announced it will suspend fund transfers with MEXC and the affiliates named in its notice following FinCEN’s designation of MEXC as a primary money laundering concern.
The exchange said withdrawals to those entities will not be allowed, while assets coming in from them will be temporarily held for a regulatory compliance review. Binance added that access to related accounts may be restricted during the review process, and further steps, including service suspension, may be taken under its terms of service.
https://coinness.com/en/news/1175005
CoinNess
Binance halts transfers with MEXC and affiliates after FinCEN designation - CoinNess
Binance announced it will suspend fund transfers with MEXC and the affiliates named in its notice following FinCEN’s designation of MEXC as a primary money la...
[Crypto gains accrued through end-2028 to remain tax-exempt if South Korea delays tax plan]
If the government’s proposal to delay cryptocurrency taxation by an additional two years passes the National Assembly, valuation gains accrued through the end of 2028 will be excluded from taxation even if the assets are sold after 2029.
According to material released on Nov. 10 by Bae, Kim & Lee LLC, cryptocurrencies acquired before the tax takes effect and held continuously will be recognized at the higher of their market value at the end of 2028 or their actual purchase price as the acquisition cost. That means there is no need to sell before the tax takes effect solely to realize unrealized gains.
Conversely, if the actual purchase price is higher than the market value at the end of 2028, gains and losses on a later sale will be calculated based on the actual purchase price, meaning price declines before the tax takes effect could be reflected as capital losses. The government said, however, that losses finalized through sales made before the tax takes effect will not be eligible for carryforward deductions.
A plan is being pursued to allow losses incurred after the tax takes effect to be deducted from gains in the next three tax years following the year the loss occurs. The basic deduction of 2.5 million won and the 22% tax rate, including local income tax, will remain unchanged. Overseas financial account reporting requirements and inheritance and gift taxes will continue to apply regardless of the delay.
https://coinness.com/en/news/1175006
See more: https://www.bkl.co.kr/law/insight/newsletter/6855
If the government’s proposal to delay cryptocurrency taxation by an additional two years passes the National Assembly, valuation gains accrued through the end of 2028 will be excluded from taxation even if the assets are sold after 2029.
According to material released on Nov. 10 by Bae, Kim & Lee LLC, cryptocurrencies acquired before the tax takes effect and held continuously will be recognized at the higher of their market value at the end of 2028 or their actual purchase price as the acquisition cost. That means there is no need to sell before the tax takes effect solely to realize unrealized gains.
Conversely, if the actual purchase price is higher than the market value at the end of 2028, gains and losses on a later sale will be calculated based on the actual purchase price, meaning price declines before the tax takes effect could be reflected as capital losses. The government said, however, that losses finalized through sales made before the tax takes effect will not be eligible for carryforward deductions.
A plan is being pursued to allow losses incurred after the tax takes effect to be deducted from gains in the next three tax years following the year the loss occurs. The basic deduction of 2.5 million won and the 22% tax rate, including local income tax, will remain unchanged. Overseas financial account reporting requirements and inheritance and gift taxes will continue to apply regardless of the delay.
https://coinness.com/en/news/1175006
See more: https://www.bkl.co.kr/law/insight/newsletter/6855
CoinNess
Crypto gains accrued through end-2028 to remain tax-exempt if South Korea delays tax plan - CoinNess
If the government’s proposal to delay cryptocurrency taxation by an additional two years passes the National Assembly, valuation gains accrued through the end...
[Waller backs 25bp December rate hike, leaves door open to 50bp]
Federal Reserve Governor Christopher Waller said he would support a 25-basis-point rate hike in December and would also back a 50-basis-point increase if needed.
Waller said the Fed would need further monetary tightening, with U.S. inflation still too high and September inflation data disappointing. Waller added that broad-based price pressures were particularly concerning, and said even if October CPI improves from September, it could still support a 25-basis-point rate hike in December. If October core CPI rises by around 0.3% or more, the Fed may need to deliver a 50-basis-point increase in December.
https://coinness.com/en/news/1175007
Federal Reserve Governor Christopher Waller said he would support a 25-basis-point rate hike in December and would also back a 50-basis-point increase if needed.
Waller said the Fed would need further monetary tightening, with U.S. inflation still too high and September inflation data disappointing. Waller added that broad-based price pressures were particularly concerning, and said even if October CPI improves from September, it could still support a 25-basis-point rate hike in December. If October core CPI rises by around 0.3% or more, the Fed may need to deliver a 50-basis-point increase in December.
https://coinness.com/en/news/1175007
CoinNess
Waller backs 25bp December rate hike, leaves door open to 50bp - CoinNess
Federal Reserve Governor Christopher Waller said he would support a 25-basis-point rate hike in December and would also back a 50-basis-point increase if needed...
[ETH staking ratio rises to 36.3% of supply despite price decline]
Ethereum’s staking ratio has continued to rise even as ETH prices fall, crypto analyst Pelin Ay said on X.
Since May, the ETH staking ratio has risen about 4.32% to 36.32% of total supply, while the price has fallen from $2,800 to $2,132 since October, Ay said. Ay said the expanding share of staked ETH signals investor confidence remains intact. Staking inflows have fallen 40.11%, but a larger long-term staking pool could reduce the amount of ETH available for circulation in the market and support prices, although staked ETH can still be withdrawn and is not permanently removed from circulating supply.
https://coinness.com/en/news/1175008
Ethereum’s staking ratio has continued to rise even as ETH prices fall, crypto analyst Pelin Ay said on X.
Since May, the ETH staking ratio has risen about 4.32% to 36.32% of total supply, while the price has fallen from $2,800 to $2,132 since October, Ay said. Ay said the expanding share of staked ETH signals investor confidence remains intact. Staking inflows have fallen 40.11%, but a larger long-term staking pool could reduce the amount of ETH available for circulation in the market and support prices, although staked ETH can still be withdrawn and is not permanently removed from circulating supply.
https://coinness.com/en/news/1175008
[Maple Finance’s SYRUP falls as lending-related assets shrink]
SYRUP, the native token of DeFi lending protocol Maple Finance, has dropped around 50% as lending-related assets have declined, fueling concerns over the protocol’s liquidity and capital outflows, according to an analysis by The Defiant.
Maple Finance’s total value locked currently stands at $2.22 billion. Assets under management for syrupUSDC, a stablecoin-based yield product, were $2.36 billion, down from $2.68 billion recorded on Oct. 19. The decline in syrupUSDC indicates that capital allocated to lending and yield products within the Maple ecosystem is shrinking.
https://coinness.com/en/news/1175009
SYRUP, the native token of DeFi lending protocol Maple Finance, has dropped around 50% as lending-related assets have declined, fueling concerns over the protocol’s liquidity and capital outflows, according to an analysis by The Defiant.
Maple Finance’s total value locked currently stands at $2.22 billion. Assets under management for syrupUSDC, a stablecoin-based yield product, were $2.36 billion, down from $2.68 billion recorded on Oct. 19. The decline in syrupUSDC indicates that capital allocated to lending and yield products within the Maple ecosystem is shrinking.
https://coinness.com/en/news/1175009
CoinNess
Maple Finance’s SYRUP falls as lending-related assets shrink - CoinNess
SYRUP, the native token of DeFi lending protocol Maple Finance, has dropped around 50% as lending-related assets have declined, fueling concerns over the protoc...
[Telegram-based wallet Walt launches app for crypto and tokenized stock trading]
Telegram-based cryptocurrency wallet Walt has launched a standalone app supporting trading in cryptocurrencies and stock tokens, The Block reported.
The new app supports trading in more than 200 cryptocurrencies, more than 100 U.S. tokenized stocks and ETFs, and perpetual futures tied to crypto, metals and energy. Existing users can log in with their Telegram accounts, while new users can sign up with Google or Apple accounts. Walt previously rebranded from Wallet in Telegram on Sept. 28, according to The Block.
https://coinness.com/en/news/1175010
Telegram-based cryptocurrency wallet Walt has launched a standalone app supporting trading in cryptocurrencies and stock tokens, The Block reported.
The new app supports trading in more than 200 cryptocurrencies, more than 100 U.S. tokenized stocks and ETFs, and perpetual futures tied to crypto, metals and energy. Existing users can log in with their Telegram accounts, while new users can sign up with Google or Apple accounts. Walt previously rebranded from Wallet in Telegram on Sept. 28, according to The Block.
https://coinness.com/en/news/1175010
CoinNess
Telegram-based wallet Walt launches app for crypto and tokenized stock trading - CoinNess
Telegram-based cryptocurrency wallet Walt has launched a standalone app supporting trading in cryptocurrencies and stock tokens, The Block reported. The new ap...
[Bithumb to temporarily suspend MANTRA withdrawals today at 1:00 p.m. UTC]
Bithumb announced MANTRA withdrawals will be temporarily suspended from 1:00 p.m. UTC today due to a MANTRA network upgrade.
https://coinness.com/en/news/1175011
Bithumb announced MANTRA withdrawals will be temporarily suspended from 1:00 p.m. UTC today due to a MANTRA network upgrade.
https://coinness.com/en/news/1175011
CoinNess
Bithumb to temporarily suspend MANTRA withdrawals today at 1:00 p.m. UTC - CoinNess
Bithumb announced MANTRA withdrawals will be temporarily suspended from 1:00 p.m. UTC today due to a MANTRA network upgrade.
[Binance warns iOS flaw may expose seed phrases and private keys]
Binance warned a vulnerability known as worse_query, which affects iOS 26.7.1, 27.0.1 and 27.2, could let malicious apps read local files from other apps and expose seed phrases, private keys and login credentials. Binance said the issue is not limited to its platform and stems from iOS itself.
The exchange recommended deleting apps installed from untrusted sources, including sideloaded apps or manually signed IPA files, and updating iOS and all apps to the latest official versions. If compromise is suspected, Binance advised users to move funds to a new wallet created on an uninfected device and reset all active login sessions.
https://coinness.com/en/news/1175012
Binance warned a vulnerability known as worse_query, which affects iOS 26.7.1, 27.0.1 and 27.2, could let malicious apps read local files from other apps and expose seed phrases, private keys and login credentials. Binance said the issue is not limited to its platform and stems from iOS itself.
The exchange recommended deleting apps installed from untrusted sources, including sideloaded apps or manually signed IPA files, and updating iOS and all apps to the latest official versions. If compromise is suspected, Binance advised users to move funds to a new wallet created on an uninfected device and reset all active login sessions.
https://coinness.com/en/news/1175012
[14 public companies sold $8.1B worth of BTC this year]
Fourteen public companies sold a combined 108,247 BTC worth $8.08 billion this year, according to Lookonchain. Among them, Bitcoin mining firm MARA Holdings (Nasdaq: MARA) sold 40,581 BTC worth $3.03 billion at an average price of $74,446, while U.S. Bitcoin miner Riot Platforms (Nasdaq: RIOT) sold 20,264 BTC worth $1.51 billion at an average price of $73,231.
https://coinness.com/en/news/1175013
Fourteen public companies sold a combined 108,247 BTC worth $8.08 billion this year, according to Lookonchain. Among them, Bitcoin mining firm MARA Holdings (Nasdaq: MARA) sold 40,581 BTC worth $3.03 billion at an average price of $74,446, while U.S. Bitcoin miner Riot Platforms (Nasdaq: RIOT) sold 20,264 BTC worth $1.51 billion at an average price of $73,231.
https://coinness.com/en/news/1175013
CoinNess
14 public companies sold $8.1B worth of BTC this year - CoinNess
Fourteen public companies sold a combined 108,247 BTC worth $8.08 billion this year, according to Lookonchain. Among them, Bitcoin mining firm MARA Holdings (Na...
[Framingham, Massachusetts bans crypto ATMs after fraud cases]
Framingham, Massachusetts, has banned the installation and operation of crypto ATMs after a string of fraud cases tied to the machines, the Daily Hodl reported. Middlesex County District Attorney Marian Ryan said residents in Framingham lost a combined $397,000 in 10 crypto ATM-related fraud cases since 2023. Police plan to notify businesses hosting the machines to disconnect them by a set deadline.
https://coinness.com/en/news/1175014
Framingham, Massachusetts, has banned the installation and operation of crypto ATMs after a string of fraud cases tied to the machines, the Daily Hodl reported. Middlesex County District Attorney Marian Ryan said residents in Framingham lost a combined $397,000 in 10 crypto ATM-related fraud cases since 2023. Police plan to notify businesses hosting the machines to disconnect them by a set deadline.
https://coinness.com/en/news/1175014
CoinNess
Framingham, Massachusetts bans crypto ATMs after fraud cases - CoinNess
Framingham, Massachusetts, has banned the installation and operation of crypto ATMs after a string of fraud cases tied to the machines, the Daily Hodl reported....
[Superfluid adds Celo support for wallets for users and agents]
Superfluid said its single wallet for users and agents now supports the Celo network.
https://coinness.com/en/news/1175015
Superfluid said its single wallet for users and agents now supports the Celo network.
https://coinness.com/en/news/1175015
CoinNess
Superfluid adds Celo support for wallets for users and agents - CoinNess
Superfluid said its single wallet for users and agents now supports the Celo network.
[IMF urges Kenya to adopt crypto travel rule]
The International Monetary Fund has urged the Kenyan government to establish rules for virtual asset service providers to implement the crypto travel rule, Africa-based outlet Business Daily reported. The IMF recommended requiring virtual asset service providers, or VASPs, to collect and verify identifying information on cryptocurrency senders and recipients, share that information with one another, and provide it to Kenya’s Financial Reporting Centre, or FRC. Kenya has been on the Financial Action Task Force gray list since February 2024 amid shortcomings in its anti-money laundering and counter-terrorism financing framework.
https://coinness.com/en/news/1175016
The International Monetary Fund has urged the Kenyan government to establish rules for virtual asset service providers to implement the crypto travel rule, Africa-based outlet Business Daily reported. The IMF recommended requiring virtual asset service providers, or VASPs, to collect and verify identifying information on cryptocurrency senders and recipients, share that information with one another, and provide it to Kenya’s Financial Reporting Centre, or FRC. Kenya has been on the Financial Action Task Force gray list since February 2024 amid shortcomings in its anti-money laundering and counter-terrorism financing framework.
https://coinness.com/en/news/1175016
CoinNess
IMF urges Kenya to adopt crypto travel rule - CoinNess
The International Monetary Fund has urged the Kenyan government to establish rules for virtual asset service providers to implement the crypto travel rule, Afri...
[Exodus swings to Q3 net loss despite 7% revenue growth]
Crypto wallet provider Exodus said it posted $32.5 million in third-quarter revenue, up 7% from $30.3 million a year earlier, but swung to a net loss of $8.3 million from a profit.
Ahead of the earnings release, Exodus shares closed up 10.07% at $4.48 on Monday, though the stock remained down about 70.21% year to date. Exodus is also expanding beyond its self-custodial wallet business into financial services. In June, the company partnered with Ondo Finance to launch "Exodus Markets," giving Solana-based wallet users access to more than 200 tokenized stocks, ETFs and other assets.
https://coinness.com/en/news/1175018
Crypto wallet provider Exodus said it posted $32.5 million in third-quarter revenue, up 7% from $30.3 million a year earlier, but swung to a net loss of $8.3 million from a profit.
Ahead of the earnings release, Exodus shares closed up 10.07% at $4.48 on Monday, though the stock remained down about 70.21% year to date. Exodus is also expanding beyond its self-custodial wallet business into financial services. In June, the company partnered with Ondo Finance to launch "Exodus Markets," giving Solana-based wallet users access to more than 200 tokenized stocks, ETFs and other assets.
https://coinness.com/en/news/1175018
CoinNess
Exodus swings to Q3 net loss despite 7% revenue growth - CoinNess
Crypto wallet provider Exodus said it posted $32.5 million in third-quarter revenue, up 7% from $30.3 million a year earlier, but swung to a net loss of $8.3 mi...
[Hyperscale Data sells all 211.56 BTC holdings for $16M]
U.S.-listed Bitcoin accumulation firm Hyperscale Data (DAT; ticker: GPUS) has sold all 211.56 BTC it held, worth $16 million, Walter Bloomberg reported. The company said it plans to use the proceeds to repay debt and develop an AI data center in Michigan.
https://coinness.com/en/news/1175019
U.S.-listed Bitcoin accumulation firm Hyperscale Data (DAT; ticker: GPUS) has sold all 211.56 BTC it held, worth $16 million, Walter Bloomberg reported. The company said it plans to use the proceeds to repay debt and develop an AI data center in Michigan.
https://coinness.com/en/news/1175019
CoinNess
Hyperscale Data sells all 211.56 BTC holdings for $16M - CoinNess
U.S.-listed Bitcoin accumulation firm Hyperscale Data (DAT; ticker: GPUS) has sold all 211.56 BTC it held, worth $16 million, Walter Bloomberg reported. The com...
[Lisk burns 5.2 million LSK, total supply falls below 295 million]
Lisk said it permanently burned 5.2 million LSK in staking rewards left on the chain, as previously announced when the Lisk chain was shut down. Following the 100 million LSK burn in September and the latest burn, LSK’s total supply has fallen below 295 million.
LSK staked on the Lisk chain and other community-owned LSK were excluded from the burn and can be claimed starting in January 2027.
https://coinness.com/en/news/1175020
Lisk said it permanently burned 5.2 million LSK in staking rewards left on the chain, as previously announced when the Lisk chain was shut down. Following the 100 million LSK burn in September and the latest burn, LSK’s total supply has fallen below 295 million.
LSK staked on the Lisk chain and other community-owned LSK were excluded from the burn and can be claimed starting in January 2027.
https://coinness.com/en/news/1175020
CoinNess
Lisk burns 5.2 million LSK, total supply falls below 295 million - CoinNess
Lisk said it permanently burned 5.2 million LSK in staking rewards left on the chain, as previously announced when the Lisk chain was shut down. Following the 1...
[Zcash blocks Sprout pool spending under NU7 upgrade]
According to AI-based crypto market analysis agent AIXBT, Zcash implemented the NU7 upgrade on Nov. 6, blocking all coin spending from Sprout, its first privacy pool. About 12,224 ZEC was held in Sprout as of a snapshot taken on Nov. 5. Developers removed version 4 transactions, the only way to spend those coins, to eliminate outdated and complex validation code as well as denial-of-service, or DoS, risk. The coins still exist, but cannot be moved unless future consensus rule changes restore access, and developers said such a recovery may never happen.
https://coinness.com/en/news/1175021
According to AI-based crypto market analysis agent AIXBT, Zcash implemented the NU7 upgrade on Nov. 6, blocking all coin spending from Sprout, its first privacy pool. About 12,224 ZEC was held in Sprout as of a snapshot taken on Nov. 5. Developers removed version 4 transactions, the only way to spend those coins, to eliminate outdated and complex validation code as well as denial-of-service, or DoS, risk. The coins still exist, but cannot be moved unless future consensus rule changes restore access, and developers said such a recovery may never happen.
https://coinness.com/en/news/1175021
CoinNess
Zcash blocks Sprout pool spending under NU7 upgrade - CoinNess
According to AI-based crypto market analysis agent AIXBT, Zcash implemented the NU7 upgrade on Nov. 6, blocking all coin spending from Sprout, its first privacy...