BlackRock filed a Delaware name registration for an iShares Staked Ethereum Trust ETF on Wednesday. The filing was handled by Daniel Schweiger, a BlackRock managing director who previously registered the firm's initial iShares Ethereum fund in late 2023. Nasdaq had submitted an updated 19b-4 proposal in July to add staking capabilities to BlackRock's existing iShares Ethereum Trust (ETHA), which holds nearly $11.5 billion in assets as of November 17.

World Liberty Financial is moving user assets to secure wallets after third-party vulnerabilities compromised a subset of accounts. The Trump-linked platform froze affected wallets in September and is conducting KYC verification before transferring funds. The platform has not disclosed the number of impacted accounts or total asset value.

The Sky community has approved the allocation of up to $2.5 billion in USDS stablecoins to support projects developed through the Obex incubator. Framework Ventures is leading a $37 million funding round into Obex and will oversee the initiative focused on generating onchain yield within the Sky ecosystem.

Ethereum founder Vitalik Buterin unveiled Kohaku, an open-source privacy framework for the Ethereum network, at Devcon on November 16. Developed by the Ethereum Foundation and ecosystem partners, the modular architecture enables developers to build privacy-focused wallets without relying on centralized intermediaries. The framework integrates protocols including Railgun and Privacy Pools to obscure transaction details while maintaining compliance mechanisms.

Crypto exchange OKX has enabled decentralized exchange trading within its self-custody wallet application, giving users access to DEXs on Base, Solana, and X Layer networks. The feature routes orders across more than 100 liquidity pools and is available globally, including in the United States.

Dromos Labs launched Aero, a unified liquidity hub connecting Aerodrome on Base with Velodrome on Optimism, with plans to expand to Ethereum mainnet and Circle's Arc blockchain. The company also released MetaDEX 03, an operating system designed to enhance cross-chain functionality and boost liquidity provider revenue through dual AER and REV engines. Aero is scheduled to launch in Q2 2026, merging AERO and VERO tokens into a single asset with an initial distribution of 94.5% to AERO holders and 5.5% to VELO holders.

Elixir Protocol has discontinued its deUSD synthetic stablecoin after Stream Finance suspended withdrawals. The protocol completed redemptions for 80% of deUSD holders on November 7 and will enable full 1:1 USDC redemptions for remaining balances through an upcoming claims portal. Elixir's exposure to Stream Finance exceeded $68 million, part of Stream's total debt obligations surpassing $285 million across multiple lending partners.

USDX, a synthetic stablecoin issued by Stable Labs, fell below $0.60 on Thursday, down from a circulating supply of $683 million. Lista DAO reported monitoring vaults with abnormally high borrowing rates on USDX collateral without repayment activity. PancakeSwap advised users to review positions involving affected vaults, stating the platform will continue sharing updates as needed.

Bitcoin dropped to an intraday low of $100,050 on Tuesday while Ethereum fell below its January 1 opening price of $3,285, wiping out year-to-date gains. Major smart contract platforms including BNB Chain and Solana declined over 7.8% amid broader market weakness. The selloff triggered $1.37 billion in leveraged liquidations across the sector.