Reporting period: November 2–8, 2026. Original published by BlockBeats on November 9, 2026, at 11:31:57 UTC+8.
This historical roundup covers protocol changes, business results, personnel moves and security disclosures reported by BlockBeats. A central distinction is implementation status: several governance votes approved a direction without immediately activating the underlying change.
Protocol architecture: approval is not activation
Sei: Autobahn consensus proposal passes
Sei’s SIP-6 passed with approximately 2.360 billion SEI voting in favor, no votes against or vetoes, and turnout of approximately 57.86%. The proposal would upgrade consensus to Autobahn.
A proposer is a validator responsible for assembling transactions and proposing a new block. The source describes Autobahn as allowing multiple validators to assemble and propose blocks in parallel before a common ordering and confirmation process, rather than relying on one proposer per slot as most chains currently do.
The vote does not itself activate the upgrade on mainnet. A public testnet and security audits remain prerequisites.
Akash: Solana migration authorized, marketplace transition still separate
Akash proposal #346 passed, approving migration from its own Cosmos chain to Solana. The proposal had entered voting the previous week.
Approval authorizes issuance of 1:1 SPL AKT after audits are completed and the opening of a two-year, one-way migration portal. It does not establish a date for switching the compute marketplace. That transition requires another proposal.
Gnosis: Ethereum settlement targeted for spring 2027
Gnosis announced a target of spring 2027 for a hard fork moving Gnosis Chain from an independent layer-1 network to Ethereum settlement. Existing contracts, balances and addresses are intended to be preserved.
This was a migration target, not a completed transition.
Token economics and governance
Zcash: NU7 changes fee allocation and disables Sprout
Zcash activated NU7, changing transaction-fee allocation to 40% for miners and 60% for a reserve. The reserve is intended to support future block rewards beginning around 2031.
The upgrade also disabled the Sprout privacy pool, leaving approximately 12,224 ZEC temporarily unusable.
NEAR: lower issuance ceiling remains conditional
House of Stake passed HSP-029, proposing to reduce NEAR’s annual issuance ceiling from 2.5% to 1.6% over 24 months.
The change still requires Security Council review, a 90-day grace period and validator upgrades before taking effect.
Algorand: community funding channel suspended
Algorand announced an indefinite suspension of xGov, effective December 6, alongside closure of its official forum, dissolution of the ecosystem advisory council and an end to sponsorship of the technical committee.
xGov is the Algorand Foundation’s community grant program. Registered xGov voters decide whether project applications should receive ALGO allocated by the foundation. The suspension stops that community-voted grant channel.
Algorand also shelved Project King Safety, dropping consideration of removing ALGO’s supply cap, introducing and capturing maximal extractable value (MEV), and increasing the minimum transaction fee.
Kamino: funding commitment and valuation-linked unlock plans
The Kamino Foundation committed at least $20 million over the following 24 months to product development and growth.
Its CEO said most of his personal KMNO holdings would unlock against staged fully diluted valuation (FDV) targets ranging from $1 billion to $10 billion, and that the team would adopt the same approach in the future. These were stated unlock arrangements, not evidence that the valuation targets had been reached.
Products, lending and institutional access
Solana Labs: Leap enters iOS beta
Leap, under Solana Labs, launched an iOS beta for a mobile trading application covering tokenized stocks, exchange-traded funds, commodities, foreign exchange and cryptoassets.
Once it begins charging fees, Leap plans to use part of those fees to buy back and burn SOL. The source describes a future plan, not an operating buyback program.
Uniswap: permissioned pools gain a real-estate token integration
Uniswap’s first Permissioned Pools Hook went live, bringing GromaCorp real-estate tokens into its automated market maker (AMM).
Aave: secondary-market purchases and fixed-rate lending acquisition
A fund associated with Payward, Kraken’s parent company, and its clients purchased an undisclosed quantity of AAVE on the secondary market.
Separately, Aave Labs acquired the team and technology of Avon, a project working on on-chain fixed-rate lending and order books. Aave Labs plans to develop fixed-rate lending.
Jupiter: combined prediction-market transactions
Jupiter Predict launched Combos, allowing multiple sports or esports predictions to be combined into a single on-chain transaction.
Stacks: BitGo opens institutional Bitcoin staking access
BitGo made Bitcoin staking through Stacks available to eligible institutional clients of its federally chartered trust bank. According to the report, BTC remains on the Bitcoin network and in qualified custody, with rewards paid in BTC.
Jito: JTX adds tokenized equities
JTX launched stock-token trading, integrating direct requests for quotes with Backpack and issuer Ondo. The offering covered more than 1,650 stock tokens.
Business results and organizational changes
Circle: Q3 revenue, restructuring and planned acquisition
Circle reported the following third-quarter figures:
- Total revenue and reserve income: $865 million, up 17% year over year.
- Reserve income: $658 million, down 8% year over year.
- Other revenue: $207 million, including $182 million from ARC presales.
- Net income from continuing operations: $226 million, up 5% year over year.
Circle also announced a workforce reduction of approximately 5% and recorded $9.145 million in restructuring charges.
Its quarterly report disclosed a definitive agreement to acquire Tazapay, a Singapore-based cross-border payments company. Completion was expected in 2027.
Pyth: October annualized recurring revenue rises
Pyth reported October annualized recurring revenue (ARR) of $13.67 million, up 18.9% month over month from $11.49 million in September. These are annualized figures, not revenue earned during the month.
Binance: CFO transition
Binance CFO Kaiser Ng stepped down, with former Airwallex vice president of finance Justin Yek taking over. Co-CEO He Yi said the handover had been in preparation for approximately six months.
Vision: leadership responsibilities redistributed
Florian left Bitpanda, and his responsibilities were distributed among several people. Vicky became the new ecosystem lead. Vision Chain remained planned for launch before the end of 2026, but the project no longer committed to a specific date.
Vision is Bitpanda’s Web3 project. Its VSN token was formed by merging the exchange’s existing BEST and Pantos tokens and is intended for staking, governance and gas on Vision Chain, an OP Stack-based layer-2 network.
Florian had overseen Vision’s product, business and external communications. He announced on October 19 that he would leave at the end of October.
Security disclosures and regulatory action
Binance: account of an intrusion investigation
Binance disclosed findings from an investigation into a theft incident. It said attackers used a fake recruitment interview to install malware and then used internal AI tools to expand the intrusion. This attack description is attributed to Binance.
Gnosis Pay: legacy card-system data exposed
Gnosis disclosed unauthorized access on November 3 to a legacy system used for Gnosis Pay-branded cards. Exposed information included customer card numbers, CVVs, residential addresses and associated wallets. According to the disclosure, funds were not affected.
Mercado Bitcoin: hot-wallet theft across multiple chains
Mercado Bitcoin’s hot wallets were reportedly drained of approximately $38 million–$40 million across at least 10 chains. The company said it would reimburse users in full.
MEXC: FinCEN prohibits financial dealings
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an order prohibiting U.S. financial institutions from transacting with MEXC. FinCEN alleged that the exchange facilitated at least $16 billion in transactions associated with sanctions evasion involving Iran, North Korea and Russia, among other activity.
Reading the implementation status
The reported developments span materially different stages: Zcash’s NU7 was activated; Sei and Akash passed governance votes with further implementation requirements; NEAR’s issuance proposal remained conditional; and Gnosis published a future migration target. Likewise, Leap’s SOL buybacks and Aave’s fixed-rate lending were plans rather than documented operating outcomes. Those distinctions limit what can be concluded from the announcements alone.