Crypto news, week of November 2, 2026

Machine summary According to Hinza Asif, president of the Asia Web3 Alliance Japan, Pakistan lacks any established system for coordinating complaints from investors or for engaging with international exchanges in the aftermath of cybersecurity or financial incidents. Her statement, reported on 2 November 2026, followed what the reports describe as a recent multibillion-dollar cybersecurity breach involving Binance. Ms Asif said the incident's impact on Pakistani investors remains unclear and requires independent verification.

1. Asia Web3 Alliance Japan president Hinza Asif called for a unified crypto industry representative body in Pakistan in a statement reported on 2 November 2026
2. Pakistan ranked third in Chainalysis's 2025 Global Crypto Adoption Index, according to the reports
3. Estimates cited in the reports put crypto-linked accounts at around 40 million and digital asset exposure at $10 billion to $20 billion, figures the reports say are not officially verified as individual investors
4. According to Ms Asif, it is not yet clear how the reported cybersecurity breach at Binance affected Pakistani investors, and the matter needs independent verification.
5. Ms Asif welcomed the Pakistan Virtual Assets Regulatory Authority (PVARA) and said the regulator and an independent industry body would have complementary roles

Reported by dawn.com and TechJuice.

• Binance
• Chainalysis
• Asia Web3 Alliance Japan
• Pakistan Virtual Assets Regulatory Authority (PVARA)
• Global Crypto Adoption Index

Machine summary The project said the attack vector targeted instances on version 2.4.1, released July 23, or older, and that it had no credible drain reports for users on release 2.4.7. BTCPay hasn't revealed the number of affected servers or the amount of Bitcoin stolen.

1. According to the project, its probe found an attack vector aimed at instances running version 2.4.1, which came out on July 23, or earlier (Decrypt).
2. Decrypt reports that BTCPay said there were no credible reports concerning hot wallet drains affecting users on the newest 2.4.7 release.
3. Hosting providers including LunaNode automatically shut down BTCPay instances to stop older versions from being exploited, according to the project (Decrypt).
4. BTCPay has revealed neither how many servers were hit nor how much Bitcoin was stolen; its own documentation calls the hot wallet feature "DANGER" (Decrypt).

Reported by Decrypt and cointelegraph.com.

• Bitcoin
• BTCPay Server
• LunaNode

Machine summary Cointelegraph reports President Santiago Peña stepped down amid scrutiny of former ties to Ueno Bank's parent company, after the lender's failure left millions of customers unable to reach their funds. The AP reported Peña resigned Thursday and the lower house voted 78-0 to impeach him.

1. Santiago Peña announced his resignation on Thursday, after which the lower house voted 78-0 to impeach him, the Associated Press reported from Asunción
2. Ueno Bank's collapse has left millions of depositors, retirees and workers without access to frozen savings and unpaid wages, according to the AP and Cointelegraph
3. Decrypt's headline on the story describes the bank lockout as reaching 60% of the country
4. Colorado Party leader and former President Horacio Cartes, described as Peña's mentor, backed impeachment, saying the party would not side with "the plundering of public and private funds and pensioners' money", his characterisation, per the AP
5. The AP reported Peña held a stake, until last year, in a company linked to Ueno; Cointelegraph reported his departure came amid scrutiny of former ties to Ueno Bank's parent company

Reported by Decrypt, cointelegraph.com and NPR.

• Ueno
• Ueno Bank
• Colorado Party

Reports ran between 12:01 and 19:02 UTC on Nov 5.

The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

Reported by us.headtopics.com, Decrypt and cointelegraph.com.

• Binance
• SignalPlus
• SignalPlus API

Machine summary Nigeria's central bank split stablecoin issuance into two licence classes in its Regulations for the Operations of Non-Security Virtual Assets, Punch Newspapers reports. Issuers of foreign-currency-referenced tokens face N15bn minimum paid-up capital, naira-referenced issuers N10bn, and other virtual asset service providers N1bn.

1. According to Punch, the regulations state that the N1bn set aside for other virtual asset service providers has to be held apart from capital committed to licences that other regulators or the Securities and Exchange Commission issue.
2. According to Punch, the framework gives the central bank power to require operators to hold more capital, depending on how much they transact and how important they are in the market.

Reported by TechCabal, TVC News and punchng.com.

• Securities and Exchange Commission

Machine summary Treasury alleges Prince Group-linked operations earned billions of dollars through cryptocurrency investment fraud and romance scams, and it sanctioned four people and 41 companies on November 6, 2026. Prosecutors said evidence recovered from a person's phones included cryptocurrency wallet details, employment contracts and bonus arrangements tied to money alleged to have been stolen.

1. According to a Treasury department announcement, Secretary Scott Bessent stated that cyber scam rings keep stealing billions of dollars from victims in America.
2. The November 6, 2026 action follows earlier US sanctions on the network that the reports date to October 2025 and June 2026.

Reported by bhaskarlive.in and Decrypt.

• Scott Bessent

Machine summary Real Vision's Jamie Coutts told attendees at TOKEN2049 that hype-driven funding cycles, including $36.5 billion raised in 2021 according to his figures, financed the building and scaling of crypto infrastructure. Motley Fool contributor Bernd Schmid reported the presentation alongside Alliance data showing founder attention moving away from NFTs, DAOs and play-to-earn.

1. NFTs accounted for 37% of crypto founders' planned application focus in November 2021, according to charts presented by Alliance's Will Robinson, and now stand at close to zero
2. DAOs peaked at 24% of founders in December 2021 and fell below 4% within a year, per the same Alliance presentation
3. Play-to-earn followed a curve. Prediction markets were described as a theme.
4. Real Vision's Jamie Coutts cited $36.5 billion raised in 2021 as spending that went into building and scaling crypto infrastructure
5. The report was filed by Motley Fool contributor Bernd Schmid after two days at TOKEN2049, which he describes as the largest crypto conference in the world

Reported by The Motley Fool and fool.com.

• TOKEN2049
• DAOs
• NFTs
• Real Vision
• Alliance