Daily Brief, 12 Nov 2026
The five stories that matter today, in two minutes.
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Image: Cointelegraph Cointelegraph1 min readStory 1 of 5
South Korea to permit crypto withdrawal freezes during hacking threats
South Korea will allow cryptocurrency exchanges to freeze user withdrawals during security threats like hacking attempts. This regulatory decision follows recent security incidents at domestic platforms. These events include a precautionary service suspension by local exchange GOPAX and a separate seventy thousand dollar hot-wallet breach at the exchange platform Prabang.
Image: CoinDesk CoinDesk1 min readStory 2 of 5
Zcash holders to vote on pulling 50,000 ZEC, worth $50 million, from grants treasury
Zcash community members are preparing to vote on a governance proposal to withdraw 50,000 ZEC, valued at approximately $50 million, from the Zcash Community Grants treasury. This measure removes over half of the grant program's ZEC holdings from circulation and reallocates future block reward allocations toward a newly established development and legal-defense fund.
Image: CoinDesk CoinDesk1 min readStory 3 of 5
Bitcoin Core reveals bug that made thousands of nodes trust any stranger on Tor
Bitcoin Core developers disclosed a vulnerability that allowed thousands of network nodes to improperly trust unknown connections over Tor. The flaw was resolved in October 2025 but kept undisclosed until Tuesday. The release also revealed a separate high-severity bug capable of halting block production for miners until their nodes were manually restarted.
Image: CoinDesk CoinDesk1 min readStory 4 of 5
Ripple’s bank-lending system moves closer to launch on the XRP Ledger
Ripple is advancing its proposed bank-lending system on the XRP Ledger as validator approval increases. The total number of ledger validators supporting the lending feature has risen from 19 to 22 since mid-October out of 35 total. Currently, public tracking tools do not disclose which specific validators recently changed their votes to support the project.
Image: Cointelegraph Cointelegraph1 min readStory 5 of 5
Binance CSO unwittingly foreshadowed $6.3B hack tactic months before attack
Binance Chief Security Officer Jimmy Su previously outlined a specific cyberattack method months before the cryptocurrency exchange suffered a record-breaking $6.3 billion hack. In a July interview, Su warned how malicious actors use fake coding assessments to compromise internal employee devices, describing the exact social engineering vector that attackers later deployed to breach the company.
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Question 1 of 3What power are South Korean authorities granting to local crypto exchanges during security threats?
ZEC
BTC
XRPSouth Korea to permit crypto withdrawal freezes during hacking threats
South Korea will allow cryptocurrency exchanges to freeze user withdrawals during security threats like hacking attempts. This regulatory decision follows recent security incidents at domestic platforms.
Zcash holders to vote on pulling 50,000 ZEC, worth $50 million, from grants treasury
Zcash community members are preparing to vote on a governance proposal to withdraw 50,000 ZEC, valued at approximately $50 million, from the Zcash Community Grants treasury. This measure removes over half of the grant program's ZEC holdings from circulation and reallocates future block reward allocations toward a newly established development and legal-defense fund.
Bitcoin Core reveals bug that made thousands of nodes trust any stranger on Tor
Bitcoin Core developers disclosed a vulnerability that allowed thousands of network nodes to improperly trust unknown connections over Tor. The flaw was resolved in October 2025 but kept undisclosed until Tuesday.
Ripple’s bank-lending system moves closer to launch on the XRP Ledger
Ripple is advancing its proposed bank-lending system on the XRP Ledger as validator approval increases. The total number of ledger validators supporting the lending feature has risen from 19 to 22 since mid-October out of 35 total.
Binance CSO unwittingly foreshadowed $6.3B hack tactic months before attack
Binance Chief Security Officer Jimmy Su previously outlined a specific cyberattack method months before the cryptocurrency exchange suffered a record-breaking $6.3 billion hack. In a July interview, Su warned how malicious actors use fake coding assessments to compromise internal employee devices, describing the exact social engineering vector that attackers later deployed to breach the company.
Brief quiz
Get all 3 right to earn 20 Kites
What power are South Korean authorities granting to local crypto exchanges during security threats?
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