BitKE

Reporting on #Bitcoin, crypto, and blockchain activity.

[BitKE @BitcoinKE]

REGULATION 🇰🇪 | Binance Reportedly Freezing P2P User Accounts in Kenya at the Request of Law Enforcement

Under the hashtag, #BinanceUnmasked, a number of users have complained that their @binance accounts have been frozen at the request of law enforcement. The law enforcement Government agency name has been identified as @DCI_Kenya under the @NPSOfficial_KE.

Users have complained that the #lack of #openness from #Binance and #freezes that #lock them out of their funds without an explanation to the problem.

See details: https://t.co/crPaqhZjcg

@BinanceAfrica #BinanceP2P #BinanceKE

[BitKE @BitcoinKE]

@moneyacademyKE Correct.

Hackers had already infiltrated the exchange at least 6 weeks before the actual hack took place.

https://t.co/3KhI3haykg

[BitKE @BitcoinKE]

@moneyacademyKE Indeed.

The revelations come as Binance Founder reveals AI was likely used during the attack.

Details: https://t.co/fGC5Y2yTnS

[BitKE @BitcoinKE]

CRYPTO CRIME | India’s Financial Crimes Watchdog Raids 2 Exchanges Over Illegal $USDT Cross-Border Trades

India’s financial crimes investigation agency has raided cryptocurrency exchanges, @CoinDCX and @Delta_Exchange, as part of an investigation into alleged illegal cross-border transactions.

The action highlights growing regulatory scrutiny of crypto platforms in India particularly their compliance with foreign exchange rules and controls on cross-border fund transfers.

The ED is investigating transactions worth several thousand crore rupees and possible violations of India's Foreign Exchange Management Act (#FEMA), alongside other securities and financial regulations.

Details: https://t.co/yLoPCDJROb

#CryptoCrime #CryptoIndia #CryptoRegulationIndia #India

[BitKE @BitcoinKE]

REALITY CHECK | Stablecoin Supply Sees Steepest Contraction Since June 2022 in the Last 30 Days

Data from blockchain analytics firm, @glassnode, showed total stablecoin supply falling to just below $280 billion, its lowest level since September 2025.

The previous major contraction, which approached $30 billion in June 2022, came ~5 months before Bitcoin reached its bear-market low of around $15,500.

Details: https://t.co/mYa5E8KztN

#StablecoinMilestone $USDT $USDC

[BitKE @BitcoinKE]

REALITY CHECK | OKX-ICE Unveils a Thin Selection of Participants Ahead of Launch After Massive Corporate Boycott

Of the 62 companies initially targeted for tokenization, 56, or about 90%, have objected to having their shares traded on the platform.

The resistance leaves the venture relying heavily on crypto-linked companies for its initial stock listings highlighting the difficulty of securing participation from traditional corporate issuers.

Details: https://t.co/7SXiEwwpLE

#OKXICE #TokenisedStocks #Tokenisation #InstitutionalCrypto #Corporate #CryptoReality

[BitKE @BitcoinKE]

REALITY CHECK | Active Users on #Sui Drop ~80% YoY Resulting in a Wave of Ecosystem Exits

#Suiet, a self-custodial wallet built for the Sui blockchain, is shutting down adding to a series of service withdrawals that highlight growing economic and operational pressures across the ecosystem.

Suiet’s departure follows

hardware wallet project #Suiball’s closure on November 10 2026,
#Phantom’s withdrawal of Sui support in September 2026, and
DeFi project #FullSail’s shutdown following a security incident that resulted in approximately $91,000 in losses.

Details: https://t.co/Z3R2aqNhVF

#SuiNetwork #CryptoReality

[BitKE @BitcoinKE]

CRYPTO CRIME | #Binance Becomes First Entity to Block #MEXC Transactions Following U.S. Money Laundering Designation

The exchange said users can no longer

#send funds to,
#receive funds from or
otherwise #transact through

Binance involving the identified entities.

Transfers to MEXC addresses will be rejected while other direct or indirect transactions will undergo additional compliance reviews.

Affected funds and accounts may be temporarily restricted pending investigations.

Details: https://t.co/BAPfqmuusO

#MEXCBan #BinanceNews #CryptoUpdates #CryptoCrime

[BitKE @BitcoinKE]

INSTITUTIONAL | The Largest Spot Bitcoin ETF Sees Record Outflows After Historic Crypto Hack

The ETF has continued to experience record losses over one week after the historic $6.3 billion Binance hack.

The continued redemptions mark a reversal from 2024 and 2025 when U.S spot Bitcoin ETFs had attracted roughly $25 billion in net inflows by early November 2026 in each year.

Details: https://t.co/eThsyZ3zZf

#BinanceHack #CryptoETFs #InstitutionalCrypto #InstitutionalBitcoin #BitcoinETF #CryptoReality

[BitKE @BitcoinKE]

INSTITUTIONAL | #Avalanche to Power #NYSE Tokenized Securities Platform

The platform is designed to support tokenized stocks issued across multiple blockchains while using Avalanche as the underlying ledger for recording and settling transactions. It will also retain NYSE’s existing order-matching infrastructure.

The initiative marks another step in the integration of decentralized infrastructure into traditional securities markets with tokenization aimed at enabling securities to be

#issued,
#transferred, and
#settled

on-chain.

Details: https://t.co/9yNgFUyrgL

#NYSE #TokenisedStocks #OnChainStocks #Avalanche $AVAX @avax @NYSE

[BitKE @BitcoinKE]

REGULATION 🇰🇪 | IMF Reportedly Demanding Kenya Enforce Crypto Travel Rule to Curb Money Laundering, Terrorism Financing

The proposal seeks to address a gap in Kenya's implementation of the Financial Action Task Force (FATF) Travel Rule which requires virtual asset service providers (VASPs) to transmit information identifying the sender and recipient when processing cryptocurrency transfers.

The IMF recommends incorporating the requirements into Kenya’s Virtual Asset Service Provider regulations or another appropriate legal instrument without delay.

Details: https://t.co/LV18yRMqiu

#CryptoKE #CryptoRegulationKE #CryptoKenya #CryptoCrime

@IMFNews @IMFAfrica @DCI_Kenya @KeTreasury @CBKKenya @CMAKenya

[BitKE @BitcoinKE]

CASE STUDY | Why This Top 10 U.S Bank Pilot Demonstrates Stablecoins Might Not Replace Bank Deposits

The pilot uses Coinbase’s payment infrastructure to accept USDC on Ethereum, convert it at a 1:1 rate and deposit the funds into designated PNC accounts.

The arrangement allows businesses to benefit from on-chain settlement without needing to maintain crypto wallets, manage stablecoin custody or hold digital assets on their balance sheets.

Details: https://t.co/gS3wMWQIg2

#BitKECaseStudy #Stablecoins #BankingUSA ethereum:0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48 #StablecoinPilot

@PNCBank @circle @coinbase

[BitKE @BitcoinKE]

POLITICS | Sierra Leone 🇸🇱, Kenya 🇰🇪 Sign Creative Economy Deals with Stellar-Powered Akuna Group

In January 2026, subsidiary Akuna Wallet Ltd was admitted into the Bank of Ghana’s regulatory sandbox for Virtual Asset Service Providers (VASPs) enabling the firm to test supervised digital asset tools to streamline cross-border payments for African creators.

Details: https://t.co/FbGHXNQkDA

#VirtualAssetsSierraLeone #VirtualAssetsKE #VirtualAssetsSL

@akunawallet @SingoeiAKorir @thebankofghana @StellarOrg @BuildOnStellar

[BitKE @BitcoinKE]

REALITY CHECK | #Apple, #Meta, #Palantir Are the Latest to Object to OKX-ICE Tokenized Stock

The objections now include 56 of the 62 companies initially selected by OKX-ICE, representing ~90% of its proposed stock lineup.

The development now leaves ONLY CRYPTO-RELATED COMPANIES as the 6 companies from the initial selection WITHOUT A DISCLOSED OBJECTION.

As previously reported by @BitcoinKE, concerns that investors could mistakenly believe they endorse products issued by third parties is one of the key concerns for the objection.

Details: https://t.co/EdPHsau7XO

#OKXICE #CryptoRisks #TokenisedStocks #StockTrading #CryptoStocks #CryptoReality

[BitKE @BitcoinKE]

#Kenyans LOST $120 Million to #Crypto Scams in Just ONE YEAR!

In 2022, the then Minister of ICT, Joe Mucheru, revealed that in just one year alone, Kenyans had lost over $120 million to crypto scams.

Almost 2 years since the #CBEX scam which saw millions of Kenya shillings lost, this week's November 4 2026 regulatory compliance deadline for virtual asset service providers is expected to ensure such massive losses do not occur in future.

https://t.co/hNXbj0xCEY

#CryptoScamsKE #CryptoKenya #KES #CryptoCrimeKE

@CBKKenya @CMAKenya @KeTreasury

[BitKE @BitcoinKE]

Among the requirements for issuers would be obtaining written approval for each token covering its:

classification
reference currency
reserve arrangements
name
ticker, and
supported blockchain networks

as per the circular.

#StablecoinsNG #StablecoinsNigeria

[BitKE @BitcoinKE]

REGULATION 🇳🇬 | Nigeria Sets $11 Million Capital Requirement for Foreign Stablecoin Issuers, Bans Algorithmic Tokens

Under the framework, issuers of foreign-currency stablecoins must maintain minimum paid-up capital of approximately $11.1 million while naira-backed stablecoin issuers face a requirement of approximately $7.4 million.

The rules also cover

cryptocurrency exchanges,
custodians,
wallet providers,
payment processors, and
other virtual asset service providers.

Details: https://t.co/UeODOAHC1a

#CryptoNigeria #CryptoNG #CryptoRegulationNigeria #RegulationNG #StablecoinsNigeria #CryptoAfrica #RegulationAfrica @cenbank

[BitKE @BitcoinKE]

REALITY CHECK | Hackers Spent Weeks Inside Binance Systems Before Exploit, Reveals SEAL Report -

According to the @_SEAL_Org report, the hackers had 6 weeks at LayerZero. 6 at Bitget. 6 at Binance. The intrusions was there to be found.

The November 5 2026 report said the same group responsible for @LayerZero_Core, @bitget, and @binance hacks used

sophisticated social engineering,
fake recruitment companies, and
malicious coding assignments

to compromise cryptocurrency developers and gain access to critical infrastructure.

Details: https://t.co/2juLbk4055

#CryptoHacks #BinanceHack #BitGetHack #LayerZeroHack #CryptoReality

[BitKE @BitcoinKE]

Will it be licensed?

REGULATION 🇳🇬 | Nigeria Sets $11 Million Capital Requirement for Foreign Stablecoin Issuers, Bans Algorithmic Tokens

https://t.co/UeODOAHC1a #CryptoRegulationNigeria #StablecoinsNigeria

[BitKE @BitcoinKE]

REGULATION 🇳🇬 | Nigeria Sets $11 Million Capital Requirement for Foreign Stablecoin Issuers, Bans Algorithmic Tokens

Under the framework, issuers of foreign-currency stablecoins must maintain minimum paid-up capital of approximately $11.1 million while naira-backed stablecoin issuers face a requirement of approximately $7.4 million.

The rules also cover

cryptocurrency exchanges,
custodians,
wallet providers,
payment processors, and
other virtual asset service providers.

Details: https://t.co/UeODOAHC1a

#CryptoNigeria #CryptoNG #CryptoRegulationNigeria #RegulationNG #StablecoinsNigeria #CryptoAfrica #RegulationAfrica @cenbank

[BitKE @BitcoinKE]

REGULATION | U.S Treasury Cuts MEXC Off From Financial System Over Money Laundering

The U.S. Treasury has moved to cut cryptocurrency exchange, #MEXC Global, off from the U.S. financial system accusing the platform of facilitating at least $16 billion in transactions linked to sanctions evasion, cybercrime, and other illicit activities.

The Financial Crimes Enforcement Network (#FinCEN) said the transactions occurred between May 2021 and May 2026 and involved sanctioned actors in

#Iran,
#Russia, and
#NorthKorea.

Details: https://t.co/JhAjRaJrDE

#MEXC #MoneyLaundering #CryptoCrime