Daily Brief, 6 Nov 2026
The five stories that matter today, in two minutes.
2 min read
FUN
Image: CoinDesk CoinDesk1 min readStory 1 of 5
Zcash’s landmark NU7 upgrade goes live, speeding up private payments
Zcash has successfully launched its landmark Network Upgrade 7. The update significantly reduces the target time between blocks down to 25 seconds. Additionally, it decreases the workload required by crypto wallets to locate private payments and officially allocates a portion of transaction fees to support future miners within the privacy-focused cryptocurrency network.
Image: Cointelegraph Cointelegraph1 min readStory 2 of 5
Crypto exchanges tout cold storage ratios after Binance attack
Following a recent attack on Binance, rival cryptocurrency exchanges Coinbase and Gate have publicly detailed their security measures regarding funds. Coinbase revealed that it stores more than 99% of its customer assets offline in cold storage. Meanwhile, Gate reported holding 88.26% of its total platform assets in cold storage to protect user holdings.
Image: The Block The Block1 min readStory 3 of 5
IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end
Bitcoin miner IREN saw its mining revenue plunge by 58% as the company prepares a complete exit from the crypto mining sector by the end of the year. Concurrently, the firm has pivoted toward artificial intelligence infrastructure, resulting in its AI cloud revenue surging 182% to reach $200 million over the past quarter.
Image: The Block The Block1 min readStory 4 of 5
Ark Invest buys more Coinbase as shares plunge 10% in wider market rout
Cathie Wood's investment firm Ark Invest acquired $2.44 million worth of Coinbase stock on Thursday. The purchase occurred as Coinbase shares dropped by 9.69% during a broader stock market sell-off. Ark Invest continues to adjust its portfolio during market downturns, taking advantage of lower share prices to accumulate additional stock in the cryptocurrency exchange platform.
Image: CoinDesk CoinDesk1 min readStory 5 of 5
Hyperliquid treasury firm seeking U.S. regulatory nod as a domestic futures platform
A corporate entity backing the Hyperliquid ecosystem is pursuing regulatory approval in the United States to establish a domestic futures commission merchant. The firm aims to achieve full regulatory compliance to officially offer its services to American clients. However, company representatives acknowledged that the exact timeline for securing this U.S. registration remains uncertain.
Brief quiz
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Question 1 of 3What does Zcash's landmark Network Upgrade 7 (NU7) reduce the target time between blocks to?
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HYPEZcash’s landmark NU7 upgrade goes live, speeding up private payments
Zcash has successfully launched its landmark Network Upgrade 7. The update significantly reduces the target time between blocks down to 25 seconds.
Crypto exchanges tout cold storage ratios after Binance attack
Following a recent attack on Binance, rival cryptocurrency exchanges Coinbase and Gate have publicly detailed their security measures regarding funds. Coinbase revealed that it stores more than 99% of its customer assets offline in cold storage.
IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end
Bitcoin miner IREN saw its mining revenue plunge by 58% as the company prepares a complete exit from the crypto mining sector by the end of the year. Concurrently, the firm has pivoted toward artificial intelligence infrastructure, resulting in its AI cloud revenue surging 182% to reach $200 million over the past quarter.
Ark Invest buys more Coinbase as shares plunge 10% in wider market rout
Cathie Wood's investment firm Ark Invest acquired $2.44 million worth of Coinbase stock on Thursday. The purchase occurred as Coinbase shares dropped by 9.69% during a broader stock market sell-off.
Hyperliquid treasury firm seeking U.S. regulatory nod as a domestic futures platform
A corporate entity backing the Hyperliquid ecosystem is pursuing regulatory approval in the United States to establish a domestic futures commission merchant. The firm aims to achieve full regulatory compliance to officially offer its services to American clients.
Brief quiz
Get all 3 right to earn 20 Kites
What does Zcash's landmark Network Upgrade 7 (NU7) reduce the target time between blocks to?
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