Binance Withdrawals, Keplr Key Exposure and Compound Wind-Down: November 9 Infrastructure Brief

Source published November 9, 2026, at 08:36:52 UTC+8. This brief summarizes the exchange, custody and financial-infrastructure items in that historical report.

Binance restores two withdrawal routes as reserve estimates decline

Binance restored HYPE and APT withdrawals on November 8, ahead of its previously stated deadline, according to the Odaily roundup, which cited Bitcoin.com News. The exchange had said withdrawals for those assets would resume before the end of the following week. Other withdrawal channels remained subject to security assessments.

The report presented two sets of asset figures following a hacking incident:

  • CryptoQuant: Binance’s BTC reserves fell from approximately 730,000 BTC to 673,700 BTC, a reported decline of about 56,000 BTC. ETH reserves fell from roughly 3.48 million ETH to 3.08 million ETH, down about 400,000 ETH.
  • CryptoQuant’s Ethereum-based stablecoin measure: Reserves fell from approximately $41 billion to $32 billion, a decline of about $9 billion. The latest daily net inflow was approximately $27.9 million.
  • Arkham: Holdings labeled as Binance totaled approximately $162.65 billion across around 68.5 million addresses, including about 696,184 BTC and 3.454 million ETH.

These are separately attributed estimates, not a reconciled balance sheet. The supplied report does not establish customer liabilities, legal ownership of the assets or solvency from those balances.

Elliptic separately reported that the attacker exchanged approximately $174 million in stolen altcoins for about 2,300 BTC.

Keplr warns social-login users after private-key exposure

Keplr Wallet said a vulnerability in Web3Auth infrastructure exposed private keys belonging to some users who signed in through Google or Apple.

In its incident update, Keplr advised affected social-login users to stop sending new funds to those accounts temporarily and move remaining transferable assets to accounts created using a seed phrase or hardware wallet. It said some affected accounts could show reduced or zero balances because of asset-protection measures.

Keplr said it was assisting Web3Auth with efforts to protect affected assets. Those efforts were ongoing, and staked or locked assets could take longer to handle because of their complexity. The wallet provider also warned users to trust only official Keplr and Web3Auth communications and avoid private messages or links offering asset-recovery services.

Compound prepares to close its Scroll USDC market

Compound Foundation said its USDC market on Scroll would close, following Scroll’s request that users address their DeFi positions.

The foundation urged borrowers to repay promptly and said all loans remaining outstanding would face liquidation over the following weeks. The notice described an impending wind-down, not a completed closure.

Strategy discloses cash resources and STRC obligations

According to the roundup’s account of a November 2 filing, Strategy held a designated dollar reserve of $4.79 billion as of November 1, alongside another $132.7 million in cash. It paid $43.4 million in preferred-share dividends from that reserve between October 26 and November 1.

Strategy disclosed a $176 million STRC repurchase in September and expanded its securities-repurchase authorization to $2 billion. By its October earnings report, the authorization had reached $3 billion. The company repurchased $208.2 million of STRC between October 26 and November 1.

Through its October 2026 earnings report, Strategy had raised approximately $431.8 million during the year by selling bitcoin to fund dividends and repurchases. Beginning November 1, STRC dividends accrued daily, including weekends and holidays, with payments processed on business days.

The report emphasized the obligation chain: STRC carries no security interest in Strategy’s bitcoin holdings; payment capacity depends on the issuer’s resources.

Regulatory proposals target platform obligations

The roundup also reported several jurisdiction-specific developments:

  • Russia: Retail crypto-trading rules were scheduled to take effect on November 17. Non-qualified investors would be limited to purchases worth 300,000 rubles annually through each intermediary; qualified investors would face no such limit. All investors would have to pass a mandatory test. The Moscow Exchange planned to begin crypto trading on December 1, while direct person-to-person crypto trading was due to be prohibited from July 1, 2027.
  • South Korea: Officials were working toward introducing a digital-asset bill during November. Measures under discussion included licensing exchanges, limiting individual shareholders to 15%–20% ownership—or potentially restricting voting rights instead—and imposing no-fault compensation liability for hacks and system incidents. These were proposals, not finalized requirements.
  • Hong Kong: Deputy financial services and treasury secretary Joseph Chan said crypto-asset reporting would begin in 2027. Planned arrangements included mandatory tax registration for reporting service providers with a Hong Kong reporting nexus and retention of due-diligence records. A dedicated team had been established to provide technical support and answer industry questions. The scope of covered providers and the initial information-exchange partners remained industry concerns.

Original article: Odaily, November 9, 2026