{"id":113159,"date":"2025-11-14T13:08:25","date_gmt":"2025-11-14T13:08:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=113159"},"modified":"2025-11-14T13:08:25","modified_gmt":"2025-11-14T13:08:25","slug":"all-been-crypto-week-14-nov-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=113159","title":{"rendered":"All Been Crypto\u200a\u2014\u200aWeek 14 Nov 2025"},"content":{"rendered":"

All Been Crypto\u200a\u2014\u200aWeek 14 Nov\u00a02025<\/strong><\/h3>\n

Apologies for the missing letter last week\u200a\u2014\u200awas not that nothing had happened but I was traveling. Been a bloody week this week with many calling for the official end of the bull market after BTC broke below 100k again -4% WoW and ETH at 3200 also -4%. DATs have been a big focus this time with scary headlines of them trading under water and even MSTR now affected. Probably more a gage of the overall sentiment than anything. In the news we had Greyscale filing for IPO, Perp DEX Lighter raised 68mm at a 1.5bn valuation, a Balancer Hack that spooked market and raised concerns about DeFi Vault curators and backdoor deals. Stay safe out there and enjoy\u00a0reading!<\/p>\n

Bat Tai Chi\u200a\u2014\u200abtc21@mail.com<\/a><\/p>\n

HEADLINES:<\/strong><\/h3>\n

Balancer Hack\u200a\u2014\u200aMulti-chain Mayhem and DeFi\u2019s Tough\u00a0Lesson<\/a><\/h4>\n

Balancer\u2019s flash loan exploit was like a nasty wake-up call. Over $120 million drained in minutes from interconnected pools across multiple chains: Ethereum, Arbitrum, Berachain, and more. This multi-chain exposure made the impact feel like a tsunami sweeping through DeFi. The attack exploited a vulnerability in Balancer\u2019s \u201cmanageUserBalance\u201d function, allowing unauthorized swaps and draining assets rapidly. What\u2019s scary is how quickly the exploit cascaded across networks sharing the same codebase but with different security postures. Berachain for example paused the chain and did a reorg coz the code sat so deep on protocol level while others went for freezing out attackers address. For OG DeFi protocols like Balancer, reputation takes a hit, and confidence in cross-chain operational security drops sharply. This, combined with USDX\u2019s synthetic stablecoin depeg on PancakeSwap and Lista DAO, shows DeFi\u2019s risk disclosure is still weak\u200a\u2014\u200awith some backdoor deals and emergency liquidations happening behind the scenes. DeFi is maturing, but the scars of trust remain\u00a0fresh.<\/p>\n

Non-US Stablecoins Backed by Gold\u200a\u2014\u200aCentral Asia Leads New\u00a0Era<\/a><\/h4>\n

Kyrgyzstan just launched USDKG, a government-issued stablecoin fully backed by physical gold reserves, pegged 1:1 to the USD. Kazakhstan is also eyeing a 1bn crypto reserve fund, using seized assets to back its initiative by 2026. These moves mark a bold push<\/a> by governments historically skeptical of digital assets to embrace Web3, yet on their own terms. Meanwhile, across the pond, the UK\u2019s Bank of England announced strict stablecoin holding limits\u200a\u2014\u200ajust \u00a320k per coin for individuals and \u00a310mm for businesses. It\u2019s clear regulators remain wary of stablecoins becoming the \u201cnew Euro dollars,\u201d nervous about systemic risks and financial sovereignty in the 21st century crypto economy. A fascinating clash between innovation and regulation is unfolding.<\/p>\n

Coinbase Launches ICO Platform\u200a\u2014\u200aBack to the ICO\u00a0Future?<\/a><\/h4>\n

November 10 saw Coinbase unveil its new ICO platform aiming to \u201cset a new industry benchmark\u201d for token issuance. The platform promises more sustainable, decentralized token sales, pulling lessons from past frenzies and the rise of airdrop controversies. Bitwise\u2019s Matt Hogan recently highlighted that crypto capital formation is evolving, with institutional flows ramping up but requiring new transparency standards. This comes as debates rage over token allocation disclosures, notably around Wintermute\u2019s market-making. The era of opaque token deals is facing scrutiny like never before\u200a\u2014\u200abut will institutional and public crypto users find common\u00a0ground?<\/p>\n

QUOTES:<\/strong><\/h3>\n

TBH this is the easiest bear market I\u2019ve ever seen. Seems like most of you have forgotten what 2022 was like. Luna collapsing, then 3AC, then FTX, then Genesis, BlockFi, Axie, NFTs\u200a\u2014\u200apretty much everything felt like a house of cards. And then after all that stuff collapsed, the BANKS collapsed, stablecoins depegged, Gary Gensler and the president tried to destroy almost every company in the industry\u200a\u2014\u200aI really wasn\u2019t sure how much of this stuff was going to survive. Compared to that? This is breezy. Prices have gone down, yeah whatever. Fundamentals are great. Crypto is working. So relax, get something to eat. Lock in. We\u2019ll be\u00a0fine.<\/p>\n

Haseeb Quershi\u200a\u2014\u200aManaging partner at Dragonfly<\/strong><\/p>\n

DUMMIES GUIDE TO BEING QUANTUM SAFE. In the past it was about protecting your PRIVATE KEY (your seed phrase). In the age of big scary quantum computers (BSQC) that are coming, you need to protect your PUBLIC KEY also. Basically a BSQC can figure out your private key from a public key. The present day taproot addresses (the latest format) are NOT safe, these are addresses starting with \u201cbc1p\u201d and they embed the public key into the address, not good. Prior formats hide the public key behind a hash, so a BSQC can\u2019t easily crack\u00a0it.<\/p>\n

Willy Woo<\/strong><\/p>\n

Today Coinx`base is announcing our decision to leave Delaware and reincorporate in Texas. This decision was not made lightly, but we\u2019ll always do what\u2019s best for our customers, our employees, and our shareholders.<\/p>\n

Paul Grewal\u200a\u2014\u200aChief Legal Officer\u00a0coinbase<\/strong><\/p>\n

All Been Crypto\u200a\u2014\u200aWeek 14 Nov 2025<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"

All Been Crypto\u200a\u2014\u200aWeek 14 Nov\u00a02025 Apologies for the missing letter last week\u200a\u2014\u200awas not that nothing had happened but I was traveling. Been a bloody week this week with many calling for the official end of the bull market after BTC broke below 100k again -4% WoW and ETH at 3200 also -4%. DATs have been […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-113159","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113159"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=113159"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113159\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=113159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=113159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=113159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}