DeFi
THORChain Faces an Anti-Money-Laundering Test as Cross-Chain DEXs Defend Censorship Resistance
TechFlow reports that the FBI has asked THORChain node operators to help review and block funds linked to a recent Binance hack, while THORChain and Maya Protocol have continued to be portrayed as resisting transaction-level censorship. The dispute is testing where anti-money-laundering obligations, node-operator liability and permissionless finance meet.
Binance Hot-Wallet Attack Triggers Fresh Scrutiny of Custody, Signing Controls and Stablecoin Freezes
Blockchain researchers and industry media say multiple Binance hot wallets moved an estimated $5.8 billion to $6.3 billion in assets in late October, although the figures and final net loss remain disputed. The incident has renewed questions about transaction authorization, institutional custody, cross-chain tracing and the role of stablecoin issuers in emergency response.
Circle Begins Retiring CCTP V1, Leaving Noble Outside the New Version
Circle has announced a wind-down of CCTP V1, with the legacy cross-chain route scheduled to shut down on December 1. Noble will not receive support for the new version, and its USDC contracts and cross-chain services are expected to be suspended in January 2027, forcing infrastructure providers to reassess liquidity and operational continuity.
NYSE Owner Plans to Bring Hyperliquid Perpetuals to the U.S. Regulated Market
According to the supplied event information, Intercontinental Exchange is working with a market operator associated with Hyperliquid on a plan to introduce perpetual futures linked to Hyperliquid into the U.S. regulated market. The proposal raises a broader question: whether a crypto-native derivatives model can be adapted to the licensing, clearing, surveillance and risk-control requirements of traditional U.S. markets.
Circle to Retire CCTP V1 in December; Noble USDC Services Set to End in January
Circle has announced a phased retirement of CCTP V1, with the legacy cross-chain protocol scheduled to stop operating on December 1. Because Noble will not support the new version, USDC contracts and cross-chain routes on the Cosmos appchain are expected to be suspended in January 2027, putting pressure on bridges, wallets, aggregators, and DeFi applications to reassess their infrastructure.
Curve Deploys on Stellar for the First Time, Launches StableSwap and Plans On-Chain FX
Curve Finance has completed its first native deployment on a non-EVM blockchain, bringing StableSwap to Stellar and outlining plans for an FXSwap product after further security audits. The move connects Curve’s automated market-making infrastructure with Stellar’s focus on cross-border payments, fiat-linked assets and institutional use cases.
Hyperliquid’s Non-Crypto Volume Reaches Roughly One-Third as Its Market Thesis Broadens
Stocks, indices, commodities and other non-crypto products now account for roughly one-third of Hyperliquid’s reported trading volume, with a single-day share reaching 40% in October. The shift is prompting analysts to frame the platform less as a pure crypto-cycle business and more as an attempt to capture a broader share of global trading activity.
Predict.fun Unveils PREDICT Token Model with 70 Million-Token First-Season Airdrop
Predict.fun has released the tokenomics for its native PREDICT token, with a fixed supply of 1 billion tokens, 16% initial circulation at the token generation event and a 70 million-token first-season airdrop. Recipients can claim 35% immediately or receive the full allocation through up to 12 months of linear vesting, while core contributors and early supporters face a 24-month cliff followed by extended linear releases.
Initia Foundation Approves Full Backstop for iUSD Collateral Shortfall
The Initia Foundation has approved a dedicated funding plan to restore 1:1 collateral backing for iUSD after a MoveVM-related exploit affected Noble USDC, WETH and AUSD 0 reserves. The final disbursement will depend on third-party audits, validator reconciliation and confirmation of the net loss.