Binance announced on November 14 that withdrawals had reopened across 87 networks during the week, with plans to restore access for remaining assets and networks by the end of the following week. The exchange cautioned that heavy traffic could cause processing delays and noted that availability depends on the specific asset and network selected.
In a separate announcement, Binance said it had completed the zero-knowledge proof verification for its latest reserve snapshot. The figures showed Bitcoin reserves at 100.05% of net customer balances and Ethereum reserves at 100.02%, allowing customers to independently verify the backing of balances included in the snapshot.
Kava disclosed an investigation into unusual activity involving KAVA tokens transferred to BNB Smart Chain and subsequently sold. The team stated the incident was contained within Kava Lend and did not involve unrestricted token creation. Upbit and Coinone temporarily halted KAVA deposits and withdrawals as a precaution during the investigation.
The stUSDT protocol announced its wind-down, with interest accrual ending on November 14 and redemptions opening for both stUSDT and wstUSDT. The redemption portal will remain available until May 14, 2027, at 23:59 UTC, with remaining requests moving to customer support for monthly processing through August 2027. JustLend published its own plan to withdraw support for the wstUSDT lending market, beginning by preventing new supply and borrowing positions while allowing existing ones to be managed.
Blockchain monitoring account Onchain Lens reported that a wallet associated with the Ethereum Foundation exchanged 2,500 ETH for approximately 4.597 million USDS through CoWSwap on November 14, transferring the proceeds to a Safe multisignature wallet. According to the tracker, the wallet's cumulative sales over the preceding four days totaled 7,500 ETH, generating roughly 14.52 million USDS.
MEXC announced maintenance affecting all Global Cards beginning November 14 at 15:30 UTC due to service changes by its third-party card issuer. Card transactions and deposits will be declined until November 18, though customers could transfer remaining card balances to their fiat accounts.
Louisiana Attorney General Liz Murrill publicly challenged CFTC Chairman Michael Selig's account of the state's prediction-market restrictions on November 14, defending state authority over gambling. The response followed the CFTC's federal lawsuit seeking to block Louisiana's enforcement action against platforms including Kalshi, Polymarket, Coinbase, and Robinhood, with the dispute centering on whether event contracts fall exclusively under federal derivatives oversight or can also be restricted through state gambling laws.
