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Aave posted on platform X that the loan exchange feature is now live on Aave Pro's Aave V4 Ethereum, Base, and Avalanche markets. Users can exchange loans from one asset to another without closing their positions, and this feature is supported by @CoWSwap.

Coinbase's EU policy head Roeland Van der Stappen stated that the EU's efforts to tighten regulation on DeFi may push crypto users towards platforms with less investor protection. He told Cointelegraph that regulated crypto platforms might limit or even eliminate access to DeFi services as a result. He mentioned that rules aimed at protecting investors will ultimately push activities towards the least protected areas.In September, the European Securities and Markets Authority, in response to the EU Commission's MiCA consultation, suggested establishing a new category of regulated crypto services for companies providing access to DeFi protocols for customers. The European Banking Authority urged the Commission to explore new regulations for crypto lending that include suitability testing as one of the options. Van der Stappen noted that extending such tests to other DeFi services could treat simple stablecoin exchanges and leveraged lending equally, despite the different risks involved; lending, liquidity provision, and on-chain exchanges would be the most affected activities.He warned that restricting access through regulated platforms could fragment DeFi liquidity into smaller pools, resulting in worse trading prices for EU users and fostering isolated "walled garden" services that direct users towards providers outside the EU with less protection. An Adan-Ipsos survey in 2026 showed that 49% of French crypto buyers preferred accessing DeFi through exchanges, while 14% preferred personal wallets. Chainalysis reported that the slight decline in crypto activity in Germany was mainly due to reduced activity on decentralized exchanges; overall crypto activity in the EU grew by 2.2% in the 12 months leading up to June 2026.

According to EU-Startups, the startup Nebuly, headquartered in Turin and New York, has completed a Series A funding round of 18.95 million euros (approximately 21 million dollars), led by Planven, with participation from Exor Ventures, Tenacity Capital, TGV, and others.

According to Bloomberg Technology, Poste Italiane SpA has launched a mutual investment fund with a target size of 600 million euros (approximately 665 million dollars), focusing on projects including data centers.This move comes after its acquisition of Telecom Italia SpA, aiming to further expand its digital infrastructure layout.

According to CoinDesk, Gemini has sold its UK and European operations to stablecoin payment company Kast for less than 10 million dollars. Gemini exited the UK and European markets in February this year, with the buyer primarily valuing the local MiCA and FCA licenses.

According to Onchain Lens monitoring, a certain whale withdrew 2,000 ETH from Binance 29 minutes ago, worth approximately 4.08 million dollars; subsequently, it deposited 32 ETH into the Ethereum Beacon Chain staking contract, worth approximately 65,300 dollars.

According to the Financial Times, the European Union and the United Kingdom will postpone the 10% tariff on electric vehicles.

According to RootData, yesterday (Eastern Time November 11), the total net outflow of Ethereum spot ETFs was $145 million.The Ethereum spot ETF with the highest net outflow for the day was BlackRock ETF ETHA, with a net outflow of $130 million. As of that trading day, ETHA had a historical cumulative net inflow of $11.293 billion.Following that was BlackRock ETF ETHB, with a net outflow of $5.3 million for the day. As of that trading day, ETHB had a historical cumulative net inflow of $714 million.

Ethereum developer Marchhill submitted the draft EIP-8437, proposing to propagate proof wrapper data through the eth/73 protocol and introducing an optional mode that allows transactions to submit raw signatures to the aggregator without pre-generating STARK proofs.This proposal supports the direct propagation of certified packages with transactions and performs independent checks of specified programs in resource-constrained sandboxes to verify witness data. The new program does not require the development of native adapters for each signature scheme separately. Additionally, the proposal plans to limit the batch queue size, clean up expired transactions, and recheck records before formally generating proofs to support failure retries.Currently, the proposal is still in the Draft stage and has not yet been merged. The developer pointed out that VM and key binding consistency verification, cryptographic verification, and performance testing are still incomplete, and benchmarking has not yet been conducted.

Ethlabs published an article on the Ethereum developer community forum, proposing to set 2027 as the target year for Ethereum to achieve post-quantum and post-AI capabilities, referring to this plan as "pqai27." The proposal argues that with the rapid enhancement of AI capabilities, the accelerated development of quantum computing, and the increased ability of AI models to discover software vulnerabilities on a large scale, Ethereum should prioritize strengthening the security of its underlying protocol to prepare for potential future cryptographic risks and cyberattacks.Ethlabs pointed out that the U.S. government has advanced its target date for addressing quantum risks from 2035 to 2030, while Google plans to achieve post-quantum capabilities by 2029. At the same time, AI is solving a large number of long-standing mathematical problems and can also discover software vulnerabilities on a large scale. Ethlabs believes that although there is currently no evidence that existing cryptographic primitives will definitely be broken by AI, the associated risks are difficult to predict accurately, making it necessary to advance security upgrades proactively.In terms of the technical roadmap, Ethlabs divides the goals into two phases: the first is "pqai-ready," which means the Ethereum consensus layer will achieve a post-quantum upgrade, allowing all users to have a path to migrate to post-quantum accounts; if existing cryptography fails prematurely, the network can still operate with reduced processing capacity. The second is "pqai-scaled," which means supporting post-quantum transactions and data availability under full network capacity, aiming for post-quantum transactions to reach the processing scale of ordinary transactions, including post-quantum signature aggregation and post-quantum data availability solutions.To achieve this goal, Ethlabs suggests reassessing the scope of the upcoming hard fork Hegotá, reconsidering upgrades that do not belong to the critical path of pqai27. Among them, Frames and related post-quantum account proposals are still regarded as key components; FOCIL needs to be reassessed for its impact on upgrade progress and post-quantum compatibility. Additionally, Ethereum needs to choose between the post-quantum transformation of the existing Gasper consensus protocol and transitioning to a decoupled consensus. Ethlabs stated that to concentrate resources on advancing pqai27, it will withdraw the Quick Slots feature previously sought for Hegotá and plans to continue promoting this feature in 2028. The Glamsterdam upgrade and its scaling plan will proceed as originally scheduled. This roadmap remains a suggestion proposed by Ethlabs and will require further discussion and determination by Ethereum core developers.

Ethereum project Golem Foundation executive Julian Zawistowski published an article reviewing the 10th anniversary of the project's launch. He stated that on November 11, 2016, the Golem project launched its token sale, raising approximately 820,000 ETH in less than 30 minutes and minting 1 billion tokens, initially named GNT, now renamed GLM.Zawistowski revealed that since 2023, the Golem Foundation has staked 100,000 ETH and distributed the staking rewards to GLM holders participating through Octant, while also supporting the construction of public goods on Ethereum. Its long-term goal is to secure this fund reserve, benefiting GLM holders and the broader Ethereum ecosystem.

According to the official website of Discount Bank, the bank will allow individual customers to buy, hold, and sell Bitcoin and Ethereum directly in the bank's app starting from November 26, without the need to open a separate digital wallet or overseas exchange account. This is the first time in the Israeli banking industry.The service is only available to Israeli residents who have opened a securities account and are at least 18 years old. The transaction fee is 2% of the transaction amount, and there will be no custody fees for the first six months after the launch, followed by a quarterly fee of 0.25%. The assets are custodied by Fireblocks.

The US Dollar Index DXY rose 0.6% during the day, currently reported at 102.86, the highest level since October 14. The Euro to US Dollar EUR/USD fell below 1.11, the first time since May 2025, with a daily decline of 0.56%. The British Pound to US Dollar GBP/USD fell more than 0.50% during the day, currently reported at 1.3274.

A Reuters survey shows that the yield on the U.S. 10-year Treasury bond is expected to remain unchanged at 5% over the next 3 months, drop to 4.96% in 6 months, and decrease to 4.75% in one year.

Binance Research's latest report indicates that while institutional funds have significantly entered the cryptocurrency market, they are primarily flowing into passive Beta products (such as ETFs), and the actively managed sector has not kept pace.The core reason is not a lack of talent or returns, but rather the absence of a middle layer that connects funds with managers for discovery and verification. Currently, the funding sources for active cryptocurrency strategies still heavily rely on personal networks and conferences, lacking a standardized performance verification and benchmarking system.Research shows that 80% of asset allocators prioritize asset safety over historical returns, and verified trading platform data can significantly enhance due diligence. Managers believe that unverifiable performance and lengthy compliance reviews are the biggest obstacles to fundraising.Capital Connect data shows that directional strategies account for 44.3% of the total number of funds but hold only 6.7% of the capital; market-neutral, statistical arbitrage, and traditional multi-strategy funds make up less than half but attract 92.1% of the capital. The average single investment size from institutions in neutral strategies is about 11 times that of directional strategies.In October, BTC fell by 7.2%, with directional funds averaging a positive return of 1.9%, while neutral strategies recorded 1.0%. Binance Research concludes that institutional preferences and the introduction of traditional structures are driving the market towards maturity, but allocators remain highly selective. Only a comprehensive verification system and operational infrastructure can truly unlock the inflow of actively managed funds.

According to The Block, Kraken's parent company Payward has launched over 200 stock tokens from the UK and the EU through its xStocks framework, bringing the total number of tokenized assets to over 1500.Each token is backed 1:1 by stocks held by a regulated custodian and can be traded on Kraken and the xStocks alliance platform, supporting blockchain networks such as Solana, Ethereum, TON, Ink, and X Layer.Payward announced in September a partnership with the London Stock Exchange to introduce the top 100 stocks listed in London to xStocks. The London Stock Exchange also plans to offer xStocks trading through LSE 24 after regulatory approval. Payward stated that xStocks has covered over 110 markets, but UK investors currently cannot access it, and the service is not available to US persons or in the US.

The Kremlin stated that there are currently no relations between Russia and the European Union.

Kraken's parent company Payward's tokenized stock framework xStocks announced the launch of the first batch of stock tokens for UK and EU listed companies, covering over 200 actively traded listed companies in the UK and EU, with more stocks to be rolled out in the future. xStocks stated that hundreds of Hong Kong stock tokens will be launched in the coming weeks, followed by expansion to more international markets.This expansion is driven by the collaboration between Payward Services and the fintech company GTN, with GTN responsible for the global execution and custody of the underlying traditional assets. The new tokens are backed 1:1 by the underlying stocks and can be traded on Kraken and the xStocks Alliance collaborative platform after launch, and have already integrated with the DeFi ecosystems of chains such as Solana, Ethereum, TON, Ink, and X Layer.Previously, Payward reached a tokenization cooperation with the London Stock Exchange. Subject to regulatory approval, the London Stock Exchange plans to launch xStocks in 2027 and trade on LSE 24. Currently, xStocks is still not open to UK investors.

According to market news, Deutsche Bank's custody services for German institutional and corporate clients are now online, supporting BTC, ETH, and some stablecoins like USDC under BaFin/MiCA authorization.The bank employs a multi-layer control mechanism to manage keys and plans to expand to Asia and launch tokenization services by 2027. This service aligns with its goal of achieving an 8% compound annual growth rate in corporate banking by 2028, but the initial scope is limited, not aimed at retail users, does not provide deposit guarantees, and trading functionality has not yet been confirmed.