Daily Brief, 5 Nov 2026
The five stories that matter today, in two minutes.
2 min read
ZANO
Image: Cointelegraph Cointelegraph1 min readStory 1 of 5
Binance, Polymarket seek Polygon hard fork to recover $6.8M in stolen crypto
Major industry platforms Binance and Polymarket are seeking a hard fork on the Polygon network to recover stolen funds. Block producers on Polygon have already frozen approximately $6.8 million in stolen cryptocurrency. The proposed network hard fork would enable the recovery of these assets and allow them to be safely returned to their rightful owners.
Image: CoinDesk CoinDesk1 min readStory 2 of 5
Zcash is about to freeze $16 million in its oldest privacy pool
Zcash is moving to freeze approximately $16 million worth of funds held inside its original Sprout privacy pool, which first launched in 2016. About 12,200 ZEC currently remains stored within the old pool. While roughly 10,000 coins were withdrawn over the past week, outflow activity slowed down significantly with only around 40 ZEC moved on Wednesday.
Image: CoinDesk CoinDesk1 min readStory 3 of 5
The pile of lawsuits against Kalshi just grew by one
Prediction market Kalshi faces another legal challenge after Arkansas accused the platform of operating illegal gambling within the state. This new filing adds to a growing list of actions against the company, joining similar civil or criminal charges previously brought by Utah and several other U.S. states seeking to restrict its operations.
Image: CoinDesk CoinDesk1 min readStory 4 of 5
XRP Ledger closes bug that let approved token burners create new tokens
Developers resolved a flaw on the XRP Ledger that previously permitted authorized token burners to issue new assets instead of destroying them. The patch officially took effect on Wednesday following necessary validator consensus, which successfully restarted the activation countdown in October. The native digital asset XRP remained completely impact-free throughout the entire vulnerability and resolution process.
Image: CoinDesk CoinDesk1 min readStory 5 of 5
Bitcoin holds above $80,000 as Zcash jumps 12% in post-election crypto rebound
Bitcoin remained above the $80,000 level while Zcash experienced a notable 12% gain during a post-election market recovery. Ether also traded higher by 8%, supported by lower oil prices and a weakening U.S. dollar. These market rebounds occurred despite growing concerns among traders regarding a potentially more challenging environment for passing future digital asset legislation.
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Question 1 of 3Why are Binance and Polymarket pushing for a hard fork on the Polygon network?
ZEC
JST
XRP
BTC
ETHBinance, Polymarket seek Polygon hard fork to recover $6.8M in stolen crypto
Major industry platforms Binance and Polymarket are seeking a hard fork on the Polygon network to recover stolen funds. Block producers on Polygon have already frozen approximately $6.8 million in stolen cryptocurrency.
Zcash is about to freeze $16 million in its oldest privacy pool
Zcash is moving to freeze approximately $16 million worth of funds held inside its original Sprout privacy pool, which first launched in 2016. About 12,200 ZEC currently remains stored within the old pool.
The pile of lawsuits against Kalshi just grew by one
Prediction market Kalshi faces another legal challenge after Arkansas accused the platform of operating illegal gambling within the state. This new filing adds to a growing list of actions against the company, joining similar civil or criminal charges previously brought by Utah and several other U.S. states seeking to restrict its operations.
XRP Ledger closes bug that let approved token burners create new tokens
Developers resolved a flaw on the XRP Ledger that previously permitted authorized token burners to issue new assets instead of destroying them. The patch officially took effect on Wednesday following necessary validator consensus, which successfully restarted the activation countdown in October.
Bitcoin holds above $80,000 as Zcash jumps 12% in post-election crypto rebound
Bitcoin remained above the $80,000 level while Zcash experienced a notable 12% gain during a post-election market recovery. Ether also traded higher by 8%, supported by lower oil prices and a weakening U.S. dollar.
Brief quiz
Get all 3 right to earn 20 Kites
Why are Binance and Polymarket pushing for a hard fork on the Polygon network?
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