Kim Yo Jong, sister of Kim Jong Un and a senior official of the ruling Workers' Party, issued Pyongyang's first response to the Binance theft, calling the US accusations "an absurd and groundless rumor" and a customary provocation.

The FBI had named North Korea's TraderTraitor group as responsible for stealing $6.3B in crypto from Binance on or about October 29, the largest crypto heist on record.

Kim pointed to the Bybit hack, also attributed to North Korea, as an example of Washington linking every cybercrime to Pyongyang, and suggested that whoever ends up receiving the recovered funds would reveal the real culprit.

She added that Pyongyang is watching the situation closely and that the US hostile stance toward North Korea needs to be reconsidered "from various angles".

Everything that moved crypto over the weekend, in one card.

This weekend's headliners: NYSE, StanChart, FBI, China, Binance, Mercado Bitcoin, Chainalysis, BTCPay Server, Strategy, Iron Fish

This week's six have Pantera, Multicoin, a16z, Dragonfly, Coinbase Ventures and Spark Capital money behind them. All open right now:

• Jumper Perps: Perps Aggregator · xPerps points, weekly pool now 1M

• Arch Prime: Onchain Bank · waitlist for one account to earn, borrow and leverage

• Bread by Miden: Privacy Wallet · early access on Miden mainnet

• Hibachi: FX Perp DEX · last week of points, ends Nov 8

• Fermah: Onchain Markets · ULTRAMINT waitlist, first 10K in

• Antseed: AI Inference · use AI, claim ANTS every Thursday

Full step-by-step breakdown for each 👇

cryptodiffer.com/feed/project-updates/we-filtered-the-noise-6-crypto-activities-worth-your-time-step-by-step-nov-2

Residents of New Jersey have been locked out of Coinbase staking since June 6, 2023, when the state issued a cease-and-desist order over the product. The state has now dropped the lawsuit and lifted that order, so users should be able to stake through the exchange again soon.

Regulators had argued that Coinbase running validators on behalf of customers amounted to an unregistered securities offering. Coinbase maintained it was a technical service, and the SEC dismissed its own parallel staking case against the exchange earlier.

New Jersey users are estimated to have missed at least $15M in staking rewards while the order was in effect, and the figure across all restricted states exceeds $110M.

Illinois, Kentucky, South Carolina, Vermont and Alabama had already dropped similar actions. Restrictions still remain in a few states, including California, Maryland and Wisconsin, and Coinbase continues to push for a single federal framework instead of state-by-state rules.

MegaETH joined Rabby's default network list in February, less than a year after the chain went live on mainnet. The wallet is now reportedly removing MegaETH from its built-in networks, cutting the chain from the list users see out of the box.

User funds are not affected: MEGA and other assets stay onchain at the same addresses. Access can be restored by adding the network manually in Rabby under Settings, Networks, Add Network, with the RPC mainnet.megaeth.com/rpc and chain ID 4326.

Wallets typically drop low-traffic chains to reduce maintenance work, so losing default support in a major EVM wallet is a visibility hit for a young network.

Brazil's Mercado Bitcoin froze deposits and withdrawals after a cyberattack with over $40M in suspected losses. It's the second exchange hack in four days, after Binance's $6.36B.

So what happens next? We traced the fate of all 69 exchanges hacked for $1M+ since 2011: half survived on their own, one in seven was sold and one in three is gone. The dead were mostly small, with a median hack of $6.5M vs $26M for survivors.

The best early signal is the clock. Survivors reopened withdrawals in a median of 5 days, the dead never did. Binance reopened in 2.4 days, survivor territory.

MB has no reopening date yet. That's the number to watch.

Hong Kong users of Crypto.com have been told by email that the exchange will stop serving them through its consumer app from February 1, 2027. The notice, sent by local operating entity Foris DAX HK Limited, cites regulatory changes and says all local services will be wound down in phases.

Foris DAX HK applied for a virtual asset trading platform (VATP) license in February 2024, and the application is still pending with the Securities and Futures Commission more than two and a half years later.

Affected users will need to withdraw their assets during the wind-down. The move leaves one of the largest global exchanges without a consumer app in Hong Kong while its license bid remains unresolved.

A year after launching RECALL in October 2025 to power open evaluation of autonomous AI agents, the Recall Foundation board decided to wind down, citing weak protocol adoption, operating costs and growth outlook. The Foundation says the move is not the result of a hack.

The Foundation will burn about 358.6M RECALL under its control, roughly 35.86% of total supply, cutting it to an estimated 641.4M tokens.

Holders get no buyback, redemption or distribution. The remaining ~$3.7M in stablecoins and fiat goes to creditors ($3.45M) and wind-down costs, and the Foundation stops liquidity support, so exchange delistings are expected.

Staked RECALL is not burned and the unstaking cooldown is removed. app.recall.network turns read-only on November 30, with Cayman liquidation expected in Q1 2027. Recall Labs, a separate company, is not covered by the wind-down.

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Laundering of the roughly $6.43 billion stolen from Binance has spread across 11 blockchains, and cross-chain bridge Relay is now moving to cut off its own routes. The protocol says some transactions and routes are paused or delayed while it blocks addresses tied to the hacker.

Relay is working with Binance and law enforcement. The FBI had earlier urged DeFi services and other virtual asset providers to block transactions linked to addresses used by North Korea's TraderTraitor group to launder the proceeds.

About $2.85 billion, or 44% of the stolen funds, has already been frozen or seized, while roughly $3.24 billion remains in linked addresses.

The move contrasts with THORChain, whose founder has defended permissionless settlement despite pressure to block hack-linked flows. Relay users may see delays on some routes while the restrictions stay in place.