The US Treasury Department submitted proposed regulations to the White House on November 14 regarding participation in the international Crypto-Asset Reporting Framework, according to government records. CARF enables tax authorities to access information about citizens' cryptocurrency holdings on foreign platforms through automatic data exchange between member nations. The framework facilitates international sharing of tax information related to digital assets.

SlowMist identified critical security vulnerabilities in NOFX AI, an open-source crypto futures trading platform built on DeepSeek and Qwen architectures, that allowed attackers to access wallet private keys and exchange API credentials. Binance and OKX worked with SlowMist to identify affected users and revoke compromised credentials by November 17. The flaws affected multiple system versions, with authentication controls failing to protect administrator functions and sensitive endpoints returning API keys by default.

Leading cryptocurrency executives dismissed concerns about a prolonged downturn as Bitcoin trades near $97,000. Changpeng Zhao, Bitwise's Hunter Horsley, and Matt Hougan characterized current price levels as a temporary correction within an ongoing bull cycle. They cited robust institutional demand and structural market changes as evidence that the digital asset remains fundamentally strong despite recent declines.

The dYdX protocol has approved a governance proposal to allocate 75% of net protocol revenue toward DYDX token buybacks, up from 25%. The measure passed with 59.38% approval on November 13 and aims to enhance value capture for token holders. The decision comes as the platform prepares to launch spot trading services for US users by year-end.

Canary Capital has received regulatory approval for the first U.S. spot XRP exchange-traded fund. The ETF will trade on Nasdaq under ticker XRPC starting Thursday, November 13, 2025. The firm filed Form 8-A with the SEC on November 10, completing the final regulatory requirement before market launch.

A prominent Polymarket trader has issued a warning about a phishing operation targeting users through the platform's comment sections. The scheme has reportedly stolen more than $500,000 by using fraudulent private market links to capture login credentials and deploy malicious scripts on victims' devices. The attackers purchase both Yes and No shares to ensure their comments remain visible, then post obfuscated URLs leading to fake sites that mimic Polymarket's interface.

BitMine Immersion Technologies disclosed holdings exceeding 3.5 million ETH valued at $12.3 billion, representing 2.9% of Ethereum's total supply and establishing the firm as the largest institutional Ethereum holder globally. In a separate development, Propanc Biopharma entered a securities purchase agreement with Hexstone Capital LLC for a private placement of up to $100 million in convertible preferred stock to fund digital asset acquisitions and cancer treatment research.

River Protocol announced on November 10, 2025, that severe price fluctuations in its tokens resulted from coordinated market manipulation involving large short positions and concentrated Pts conversions. River Pts token declined over 75% in 24 hours, while RIVER dropped more than 13%. The protocol suspended all River Pts conversions to halt the systematic attack.

Long-term Bitcoin holders have sold approximately 790,000 BTC in recent weeks while buyer demand has contracted since early October, according to CryptoQuant data. Short-term apparent demand has remained negative for roughly 30 days. Bitcoin declined over 5% from around $110,000 to above $103,000 as selling pressure outpaced incoming capital.