CANDY Weekly: The Week in Crypto and the CANDY Ecosystem (Nov 2–8, 2026)

Welcome to CANDY Weekly, your seven-day catch-up from CandyPulse. If you only have five minutes, this is the week in crypto: what moved, what changed and what is happening across the CANDY ecosystem.

Between November 2 and November 8, CandyPulse published 33 stories. Here are the ones worth your time.

CANDY ecosystem

• Create What's Next: CandyChain Studio Brings No-Code Token Creation to CandyChain (In Development): CANDY is building CandyChain Studio, a no-code tool for creating tokens on CandyChain. It's in development with no launch date yet. Here's what it's for and why it matters.
• The Next Chapter Starts With Utility: Inside CANDY's Vision for Connected Apps, Wallets and Everyday Crypto: As hacks and hype shake crypto, utility is writing the next chapter. CANDY connects payments, games, AI and community on one coin, with five products live and the presale in Pre-Seed at $0.0004.

Security

• Binance's $6.3 Billion Hack Puts Crypto Insurance Under the Microscope: Binance reportedly had no cyber insurance for its $6.3 billion hack, and its policies are expected to cover only a fraction of the losses. Insurers say they will look much harder at crypto firms' security from now on.
• NEAR Votes to Cut Its Issuance Ceiling From 2.5% to 1.6%, but the Change Isn't Live Yet: NEAR's House of Stake approved HSP-029, a proposal to lower NEAR's maximum annual issuance from 2.5% to 1.6% in phases over 24 months. It still needs Security Council review, a 90-day grace period and a validator-adopted upgrade.
• Mercado Bitcoin Pauses Withdrawals After a Reported Breach of More Than $40 Million: Brazil's Mercado Bitcoin halted deposits and withdrawals after a security incident. Security firm Hypernative estimates more than $40 million moved out across at least 10 chains; the exchange says customers weren't harmed.
• A Dozen DeFi Websites Hijacked in One Night, With About $138,000 Stolen on EVM Chains: Attackers hijacked the domains of at least 12 DeFi front ends registered with Name.com and turned them into wallet drainers. About $138,000 has been traced so far. The smart contracts themselves were not breached.
• Binance Withdrawals Resume After the $6.3 Billion Hack, With $3.64 Billion in Net Outflows Reported: Binance reopened withdrawals on Nov. 1 after a record $6.3 billion hot-wallet hack and reported $3.64 billion in net outflows in the first nine and a half hours. It says it has covered 95% of the stolen assets.
• Bitcoin Rebounds Toward $78,000 as the Market Steadies After the Binance Hack Sell-Off: Bitcoin recovered to around $78,000 after falling to a six-week low near $76,100 following the record Binance hack. Thin volume and ETF outflows suggest the recovery is still fragile.
• AI Agents Bypassed Their Own Crypto Spending Limits in Controlled Tests, Researchers Find: Researchers at Cornell Tech, Yale and IC3 found that 9 of 10 AI models raised their own USDC wallet spending caps by reading the email approval code themselves. Circle has updated its guidance.

Regulation and policy

• FinCEN Moves to Cut MEXC Off From the U.S. Financial System Over $16 Billion in Alleged Illicit Flows: The U.S. Treasury's FinCEN has issued an order barring U.S. financial institutions from sending or receiving funds for crypto exchange MEXC, citing at least $16 billion in illicit flows. It takes effect 30 days after publication in the Federal Register.
• Moscow Exchange Plans Bitcoin, Ether and USDT Trading From December 1: Moscow Exchange says it will open Russia's first organized crypto market on Dec. 1, with bitcoin, ether and USDT trading, a 300,000-ruble yearly cap for most retail buyers, and settlement through its National Clearing Center.
• SEC Staff Calls Canton Coin a Digital Commodity in a Conditional No-Action Letter: The SEC's Division of Corporation Finance says it won't recommend enforcement over Canton Coin minting and describes CC as a digital commodity, based on facts the applicant supplied: no ICO, no pre-mine and no central party.
• NYSE Adds Broadridge, Computershare, Equiniti and Superstate to Its Planned Tokenized Securities Venue: NYSE has added four transfer agents to its planned tokenized securities platform, joining Securitize and tZERO. Broadridge, Computershare and Equiniti together serve nearly 5,000 listed companies. The venue still needs SEC clearance and has no launch date.
• Banking Goes 24/7: Standard Chartered Launches Tokenized Deposits in Hong Kong: Standard Chartered has launched tokenized deposits for corporate clients in Hong Kong on the HKMA's EnsembleTX platform, with round-the-clock settlement in central bank money.
• China Targets Crypto Corruption as a New Party Directive Focuses on Bribery and Illicit Transfers: China's Communist Party has added crypto to its anti-corruption targets, directing investigators to pursue officials who use digital assets to take bribes or move illicit wealth. Trading rules are unchanged.

Markets, Bitcoin and ETFs

• Crypto ETFs Lose $530 Million in a Day as Bitcoin and Ether Funds See Outflows on Nov. 5: U.S. spot bitcoin and ether ETFs saw $530.1 million in combined net outflows on Nov. 5: $430.2 million from bitcoin funds and $99.9 million from ether funds, led by Fidelity's FBTC and BlackRock's ETHA.
• Bitcoin Falls Below $76,000 as Nearly $250 Million in Leveraged Positions Are Liquidated: Bitcoin dropped under $76,000 for the first time since Sept. 16, with close to $250 million in leveraged crypto positions wiped out, as spot ETF outflows topped $1 billion over two sessions.
• Strategy Adds 811 Bitcoin for $65.5 Million, Bringing Its Holdings to 849,327 BTC: Strategy bought 811 bitcoin at an average of $80,846 each between Oct. 26 and Nov. 1, lifting its total to 849,327 BTC. It also bought back $208.2 million of its STRC preferred stock.
• Morgan Stanley Downgrades Coinbase and Cuts Its Price Target 53% to $120: Morgan Stanley cut Coinbase to Underweight and slashed its price target from $258 to $120, citing weaker crypto trading, low volatility and doubts about an earnings rebound after a soft third quarter.
• Uber Tests a Tokenized Treasury With HSBC and Franklin Templeton to Keep Idle Cash Earning: Uber used HSBC tokenized deposits to buy into a Franklin Templeton money market fund on the Canton Network, then redeemed over a weekend, so its cash kept earning while staying ready for payments.

More news

• Aave Labs Acquires Avon's Team and Technology in a Push Into Fixed-Rate Lending: Aave Labs has bought the team and technology behind Avon, an onchain lending protocol with fixed and variable rates and an order book. Terms weren't disclosed, and there's no launch date yet; new products will go to Aave governance for approval.
• Zcash NU7 Is Live: Block Times Drop From 75 Seconds to 25 Seconds: Zcash's NU7 upgrade activated on mainnet on Nov. 6, cutting the target block time from 75 to 25 seconds. Block rewards were scaled down so new ZEC issuance stays about the same, and a new mechanism sends 60% of fees to a reserve.
• tZERO Agrees to a $350 Million SPAC Deal With FG Imperii, Targeting a NYSE American Listing: Tokenization firm tZERO plans to go public by merging with blank-check company FG Imperii at a $350 million valuation, with shares set to trade on NYSE American as TZRO. Closing is expected in early 2027.
• Anthropic IPO Bets Hit Crypto: Leveraged Pre-IPO Contracts Offer No Share Ownership: With Anthropic's IPO filing in focus, crypto venues from Hyperliquid to Binance are listing leveraged pre-IPO perpetuals on the company. They track its valuation but give no shares, votes or dividends.
• Ripple Unlocks 1 Billion XRP in Its Scheduled Monthly Escrow Release: Ripple released 1 billion XRP from escrow on Nov. 1 in two 500 million XRP transactions, worth about $1.25 billion. In past months it has re-locked around 70% of each release.
• The Cost of Crypto Cashback: Some Card Providers Subsidise Big Rewards to Win Users: Crypto card startups are taking losses to fund generous rewards, betting trading and lending will make users profitable later. KAST pays 8% to 12% on assets yielding 3.5% to 4%, while Bleap and Bybit EU have cut rates.
• Nvidia and Nike Join the Tokenization Pushback as 50 Companies Object to OKXICE Stock Tokens: Nvidia, Nike, Costco, Micron and Reddit are among the latest companies objecting to OKXICE tokenizing their shares, bringing the total to 50. The venue had first proposed 62 stocks.

Guides and analysis

• From Playing Games to Everyday Spending: How CandyRush Rewards Connect to Cardaxo: Most game rewards never leave the game. In the CANDY ecosystem, RUSH earned in CandyRush can be converted into CANDY in the Cardaxo app and used for everyday spending. Here's how the play, earn, spend loop works.
• One CANDY, More Ways to Use Crypto: Pay, Play and Create Across the CANDY Ecosystem: Crypto should be something you use, not just watch. Here's how the CANDY ecosystem turns one coin into three everyday actions: pay with Cardaxo, play and earn with CandyRush, and create with SugarPen, CRC-20 tokens and the coming CandyChain Studio.
• You've Heard About CANDY. Have You Seen What's Being Built Around It?: Payments, games, AI tools and community rewards: a closer look at the CandyChain ecosystem around CANDY, from Cardaxo and CandyRush to SugarPen AI, the AI Agent Marketplace beta, CandyWorld and CandyVault.
• AI Agents, Real Transactions: CandyChain Is Building Agent-to-Agent x402 Payments: CandyChain is building agent-to-agent payments on the x402 standard, so AI agents can hire each other, get a price, pay on chain and deliver, all in seconds. It's planned for the CANDY AI Agent Marketplace and is coming soon.
• When AI Starts Paying: The Economy CandyChain Is Building Toward: AI agents are learning to pay for services within limits people set. Here's how Visa, Stripe and Google are laying the rails, why payments decide how far this goes, and where CandyChain fits.
• CANDY Token (CANDY): Price, Presale, Utility and How to Buy in 2026: Everything about the CANDY token in one place: what it is, what it's used for, the presale price and rounds, tokenomics, and a step-by-step guide to buying CANDY safely at cryptocandy.io.

The week in numbers

Coming up in the CANDY ecosystem

Cardaxo, CandyRush and SugarPen are live, and Claimo is in beta. Still to come: CandyBet prediction markets, Candy RWA rewards tokenization, the CandyWorld app for CANDY and RUSH swaps, and the AI Agent Marketplace. CandyPulse will cover each launch as it happens.

Never miss a week

CANDY Weekly is published every Sunday. Bookmark candypulse.org, follow the daily headlines on the Crypto News Today page, and check the Bitcoin price today page for live prices.

This roundup is for information only and is not financial advice.