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| Binance, Tether and Trump-linked firms face Senate deadline. |
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November 9, 2026
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Your Daily Digest of the 🔥Hottest News in Crypto.
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Today’s top stories
⏳ Users must withdraw Binance France assets by Nov. 29 to avoid fees
🏦 Binance, Tether and Trump-linked crypto firms face Senate records deadline
🌉 tBTC bridge resumes while Aave’s $120M reserve stays frozen
📰 Keep reading for all of today’s biggest headlines
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Binance France emails announce closure of its users’ accounts on Dec. 31
Binance France has notified users by email that their accounts will close on Dec. 31, 2026, and that any assets left on the exchange will incur a monthly maintenance fee of 0.025% of the balance, or a minimum of 10 USDC, starting Nov. 29 unless withdrawn by that date. The closure follows Binance’s failure to secure Markets in Crypto-Assets (MiCA) authorization before the July 1 deadline, prompting the exchange to progressively restrict certain services for affected EU users after the MiCA transition period ended.
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Binance, Tether and Trump crypto firms face Senate records deadline
Sen. Richard Blumenthal sent follow-up letters to Binance, Tether, World Liberty Financial, and Fight Fight Fight LLC seeking records in Senate inquiries, asking them to begin producing documents by Nov. 30 and voluntarily comply by Jan. 4, 2027. He warned that missing the January deadline could prompt “alternative measures to obtain compliance,” including subpoenas permitted under subcommittee rules. The inquiries concern Trump-linked crypto conflicts, Binance transactions tied to Iranian and Russian entities, and Tether’s USDT use by sanctioned actors—claims the companies have disputed.
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tBTC bridge partially resumes as $120M Aave reserve remains frozen
Threshold Network’s tBTC bridge has partially resumed onchain operations after a nine-day pause triggered by a critical Linux kernel vulnerability, though the app will not accept new deposits, minting, or redemptions until enough security-patched node operators are back online. Aave’s tBTC reserve on Ethereum Core, holding about $120 million, remains frozen to new deposits and additional borrowing power while redemptions were unavailable. Threshold said it found no evidence the flaw was exploited and reported no unauthorized Bitcoin transfers or token minting, while Aave risk provider LlamaRisk said it would propose restoring the reserve once tBTC operations return to normal.
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MARKETS
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BTC price eyes $73K amid Nvidia volatility: Three things to know in Bitcoin this week
Bitcoin fell to about $73,500 late Sunday, its lowest since August, as over $1 billion in leveraged crypto positions were liquidated. BTC slipped below its 50-week SMA near $75,492 and approached its 21-week SMA around $73,078, with traders watching whether selling volume shows exhaustion near a bottom.
Nvidia volatility added to risk-off pressure after its board launched an investigation into reports that CEO Jensen Huang was targeted by a foreign intelligence effort. Markets are also focused on US CPI Tuesday and PPI Friday, Fed speaker comments, and oil near $90 a barrel, with economists suggesting lower crude could help Bitcoin and other risk assets.
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A week in review — Catch up on the week’s major crypto developments.
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