Crypto

XRP Ledger attracted $2.2 billion since the beginning of 2026, surpassing Ethereum in the tokenized goods market. Notably, 89% of the segment on XRPL is accounted for by the JMWH fund from Justoken, valued at $2.23 billion.

The People's Bank of China has recognized the promotion of Solana in Shanghai as a violation of virtual currency advertising regulations. The regulator explained the reasons for halting the event scheduled for October and announced an upcoming investigation of the involved organizations and individuals.

Issuers of stablecoins in foreign currency must have ₦15 billion in capital, secured by ₦10 billion. Algorithmic stablecoins are prohibited, and existing operators have 180 days to apply.

The leader was FBTC from Fidelity with $199.9 million, followed by IBIT and GBTC. Over the week, the funds lost more than $1.1 billion; the only product without movement was the XRP ETFs, while Bitcoin fell by 5.6% in a day.

Ripple and C2FO plan to use the XRP Ledger for early payments to suppliers on approved invoices. Transactions will be conducted in the dollar stablecoin RLUSD, while XRP will be required for network fees and reserves. However, the volume of payments does not directly determine the demand for XRP, as it depends on the number of transactions and the structure of invoices.

Pi Network continues the phased transfer of additional user balances to the Mainnet, including eligible referral bonuses. To participate, users must confirm their wallet via 2FA, and after the funds are credited, there is a 14-day waiting period. However, migration does not mean that all received PI will be immediately available for sale.

American spot ETFs for Bitcoin and Ether recorded a total net outflow of approximately $530 million on November 5. The Fidelity FBTC fund lost nearly $200 million in capital, while BlackRock IBIT extended its outflow streak to five trading sessions. The sell-off coincided with Bitcoin falling below $76,000 and a 5.5% decline in the Nasdaq.

Cryptocurrency exchange Gate has unveiled the Proof of Security system, which assesses the asset storage structure and coverage of client obligations in case of hot wallet losses. According to the company's calculations, the coverage ratio reached 104.58%. However, this data is based on different reporting periods, and independent verification is still ongoing.

XRP lost about 9% in a day after a brief rise to $1.35. The decline coincided with Bitcoin's drop to $75,000 and a sell-off in the cryptocurrency market. Meanwhile, data on XRP withdrawals from exchanges and increased balances of large holders could not prevent the price decline.

Chainalysis revealed new details about the cyberattack first reported on October 30. The attacker gained access to user data, including password hashes and active tokens. The company temporarily disabled several analytical services, began blocking affected accounts, and required credential updates.