Exchange and Custody Watch: Binance Leadership Change, Circle Earnings and BitGo’s Stacks Offering

Historical roundup for November 2–8, 2026, based on BlockBeats’ report published November 9, 2026, at 11:31:57 UTC+8. This selection focuses on exchanges, custody, financial products and related infrastructure.

Exchange security and financial restrictions

Binance reports an intrusion and a CFO transition

Binance disclosed an investigation into a theft, saying attackers used a fake recruitment interview to install malware and then exploited internal AI tools to expand the intrusion.

Separately, CFO Kaiser Ng stepped down, with former Airwallex vice president of finance Justin Yek taking over. Co-CEO He Yi said the handover had been in preparation for about six months.

Mercado Bitcoin promises reimbursement after hot-wallet theft

Mercado Bitcoin’s hot wallets were reportedly drained of approximately $38 million–$40 million across at least 10 chains. The company said it would reimburse affected users in full. The roundup did not establish whether those reimbursements had been completed.

FinCEN bars U.S. financial institutions from transacting with MEXC

The U.S. Treasury’s Financial Crimes Enforcement Network issued an order prohibiting U.S. financial institutions from conducting fund transfers with MEXC. FinCEN alleged that the exchange facilitated at least $16 billion in transactions linked to sanctions evasion involving Iran, North Korea and Russia, among other activity.

Circle: reserve income falls while other revenue rises

Circle reported third-quarter total revenue and reserve income of $865 million, up 17% year over year. The components moved in different directions:

  • Reserve income: $658 million, down 8% year over year.
  • Other revenue: $207 million, including $182 million from the ARC presale.
  • Net income from continuing operations: $226 million, up 5% year over year.

Circle also announced a workforce reduction of approximately 5% and recorded $9.145 million in restructuring charges.

Its quarterly report disclosed a definitive agreement to acquire Singapore-based cross-border payments company Tazapay, with completion expected in 2027.

These are earnings and transaction disclosures; the roundup does not provide a reserve-versus-liability reconciliation or establish customer redemption protections.

Custody and access to on-chain financial products

BitGo opens a Stacks-based bitcoin staking offering

BitGo made bitcoin staking through Stacks available to eligible institutional clients of its federally chartered trust bank. According to the report, BTC remains on the Bitcoin network and in qualified custody, with rewards paid in BTC.

That description identifies the stated custody arrangement and reward asset, but the roundup does not detail the mechanism generating rewards or the allocation of losses and other contractual obligations.

Uniswap introduces permissioned asset pools

Uniswap launched its first Permissioned Pools Hook, bringing GromaCorp real-estate tokens into its automated market maker. The report describes a permissioned token-trading integration, not the legal ownership or redemption rights attached to those tokens.

Aave Labs acquires fixed-rate lending technology

Aave Labs acquired the team and technology behind Avon, a project developing on-chain fixed-rate lending and an order book. Aave Labs plans to build fixed-rate lending products.

Separately, funds affiliated with Kraken parent Payward, along with their clients, bought an undisclosed quantity of AAVE on the secondary market.

Trading interfaces expand into tokenized assets

Leap, a Solana Labs business, launched an iOS beta of a mobile trading application covering tokenized stocks, ETFs, commodities, foreign exchange and cryptoassets. It plans to use part of its trading fees to repurchase and burn SOL once it begins charging fees; the report did not describe those buybacks as already operating.

Jito’s JTX launched stock-token trading covering more than 1,650 tokens, connecting to Backpack and Ondo for direct issuer quotes.

Gnosis: payment-data breach and a planned settlement change

Gnosis disclosed unauthorized access on November 3, 2026, to a legacy system used for Gnosis Pay’s own-branded cards. Exposed information included customer card numbers, CVVs, residential addresses and associated wallets. Gnosis said funds were unaffected—a claim distinct from the disclosed compromise of payment and identity data.

Separately, Gnosis announced a target of spring 2027 for a hard fork moving Gnosis Chain from an independent layer-1 network to Ethereum settlement. Existing contracts, balances and addresses would be preserved under the plan.

Original article: BlockBeats, November 2–8 project roundup