Sui launched USDsui, a native stablecoin built on Bridge's Open Issuance platform, on November 12. The move aims to retain stablecoin revenues within Sui's ecosystem rather than directing them to external issuers. Bridge, acquired by Stripe for $1.1 billion in February 2025, provides the enterprise infrastructure powering USDsui.

China's National Computer Virus Emergency Response Center has accused the United States of orchestrating the 2020 hack of the LuBian mining pool, which resulted in the theft of 127,000 Bitcoin. The agency alleges the operation used state-level hacking tools, with U.S. authorities seizing the coins in October 2025 under what Beijing describes as false law enforcement grounds. The disputed holdings are currently valued at approximately $13.3 billion.

The U.S. Treasury and IRS issued guidance on November 10 permitting cryptocurrency exchange-traded products to stake proof-of-stake assets and distribute rewards to investors. Treasury Secretary Scott Bessent said the rules would enhance investor benefits and maintain America's leadership in digital asset technology. The safe harbor framework allows ETFs holding Ethereum and Solana to participate in staking through qualified custodians, with implementation expected by mid-2026.

A trader holding a $190 million short position on Bitcoin faces liquidation at $104,017, with BTC currently trading at $103,660. The position requires only a 0.34% price increase to trigger one of the largest single wipeouts in crypto history, according to Arkham Intelligence.

A cryptocurrency trader deposited $2.43 million USDC into Hyperliquid and opened a 20x leveraged long position on 13,976 ETH, creating $42.9 million in total exposure, according to on-chain data. The position faces liquidation at $3,311.7, with ETH currently trading around $3,429. This provides only a 3.4% margin before automatic liquidation would occur.

USDX, a stablecoin designed to maintain a $1 peg, fell to $0.37 on November 6, marking a 63% decline within hours. On-chain investigators accused founder Flex Yang of draining liquidity from DeFi protocols using USDX as collateral. Lista DAO implemented emergency measures to protect users.

Tron founder Justin Sun deposited 45,000 ETH worth $154.5 million into the Lido staking protocol on November 5. His total Ethereum holdings now reach $534 million, surpassing his TRX holdings of $519 million. The move came as Ethereum experienced a 12% decline to $3,166 amid broader market volatility.

Balancer confirmed on November 5 that a rounding error in V2 Composable Stable Pools enabled the $128 million exploit that occurred on November 3. The vulnerability allowed attackers to manipulate batch swaps and drain funds across Ethereum, Base, Polygon, Arbitrum, Optimism, Sonic, and Avalanche. White-hat teams have recovered $33 million to date, while Balancer's Total Value Locked declined 58% from $442.96 million to $186.09 million between November 3 and November 7.

Aster DEX enabled its native ASTER token as collateral for perpetual trading with an 80% margin ratio on November 5. The platform's announcement came three days after Binance founder Changpeng Zhao disclosed purchasing approximately $2 million worth of ASTER tokens on November 2.