Binance reopened withdrawals Sunday, Bitcoin first, then 14 more networks. Customers pulled $4.65 billion and put back $1.01 billion in nine and a half hours - a $3.64 billion net outflow, or 2.1% of its $171 billion pile. CZ says 98% of users stayed. 🚪

Also since Friday:

The hackers still hold $3.28 billion across 950-plus wallets. Their favorite getaway car, $RUNE ( ▼ 0.43% ), broke down Saturday when an Ethereum reorg tripped a double-refund bug, and by Sunday 10 of its 13 chains were halted. Which, in a way, is fine. Gollum didn't mean to save Middle-earth either. 💍

More withdrawals open Tuesday. Next reserve snapshot Wednesday. 📸

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While Binance was counting the hole in its hot wallets, Securitize added 13 more U.S. stocks to its on-chain lineup this morning. That puts Securitize Stocks at 25 names, less than a month after launch.

Who made the cut? Exxon, Lockheed, Disney, Uber, Salesforce, J&J and, because of course, GameStop. They join October's crew of Nvidia, Tesla, Strategy, etc.

Every token is backed 1:1 by a real share that never gets lent out. It runs on Solana and settles in USDC, with Jump Trading handling liquidity. Eligible U.S. and EU investors can trade it after hours for now, and 24/7 is the goal.

And as a reminder, Securitize has been around since 2017. They’ve lived through the ICO hangover and the 2022 crater, and they’re still here for whatever the hell this year is. Every cycle, a fresh crop of tokenization startups raises a pile and vanishes. Securitize is the Galactica, the old battlestar everybody wanted mothballed, still flying after the shiny new fleet got cooked.

Now it trades on the NYSE as $SECZ ( ▼ 4.23% ). BlackRock and KKR are on the partner list, and the platform holds about $5 billion in tokenized assets. 🫡

It took a North Korean wallet three minutes to pledge 60 million stolen USDT on $AAVE ( ▼ 6.17% ) and walk out with 19,762 ETH. Nothing in the code said no. It took another 41 minutes for Aave's humans to freeze the first market. 🥶

Now the Aave forum is shopping for speed limits:

Not everyone's sold. One poster called the freeze central control. "We trust in the code," they wrote. Aave's risk team installed a manual speed bump, cutting borrow caps to about 2% above pre-hack levels and wiping out $3.7 billion of unused room. 😶

$WLD ( ▼ 3.24% ) wants to fix Tinder, and it brought a poll. The Harris Poll surveyed 892 single Americans for World, and the dating app crowd came back exhausted. 😠

World's fix is a Proof of Human badge, already live on Tinder in the U.S. and Japan. It proves you're a unique adult without handing over your name, birthday or address, and World says it takes about two minutes.

Two minutes, plus a date with a chrome bowling ball that scans your eyeballs. The Orb gets one mention in the whole post, a "Find an Orb" link.

Which I still find funny and creepy because the crypto project built to protect your privacy and individuality wants you to prove you're a person by staring into a sci-fi eyeball. 👁

Broadridge and the NYSE are moving shareholder votes on-chain. Its smart contracts tie each tokenized share on NYSE's planned platform to the agenda and the vote count. ✅

Why bother? Because some tokenized stocks pulled an Ariel. They got legs, trading nights and weekends, and gave up their voice. Plenty of offshore wrappers track the price and pass along dividends, but no vote. Securitize's tokens carry votes where the share class has them. Not everybody's do.

What Broadridge brings:

If you’ve been in crypto and participated in any time of DAO, then you know the standard of having governance tokens with votes and little to no cash flow. Then we got some tokenized stocks with cash flows and no votes. Well, that fix is now coming from the company that's stuffed your mailbox with proxy cards for decades.

No launch date, just "following regulatory approval." NYSE's venue doesn't exist yet. 🧠

$UBER ( ▲ 2.24% ) ran part of its treasury on-chain in a pilot HSBC announced Friday, and the cash worked the weekend. Uber sold some of a money market fund over a weekend and kept earning yield until the money went out the door. 👋

Corporate cash is usually a teenager on summer break. It clocks out Friday afternoon and doesn't do a damn thing until Monday. How'd it work? Uber paid with HSBC tokenized deposits, which are bank deposits on a blockchain, to buy Franklin Templeton's tokenized money fund through Tradeweb.

Notice what's missing? No $USDC ( ▼ 0.01% ). No $USDT ( ▼ 0.03% ). An S&P 500 treasurer took yield from the fund and payments from the bank token.

It dropped the day after the Binance heist, bragging that it doesn't rely on "public bridge vulnerabilities." North Korea is laundering through those bridges as we speak (no, really, the first batch is happening this late morning/afternoon). And this morning, Securitize added Uber to its tokenized stock lineup. Uber's on both ends of the blockchain this week. 🚗

FLock.io's decentralized AI platform chewed through 27.69 billion tokens in September, about five times July. It also signed Red Hat for federated learning and a UN Development Programme deal in the Dominican Republic. Revenue and user counts didn't make the investor report, which tells you something without telling you something. FLock.io.

Astar's first State of On-chain Wealth report counted 91,000 Ethereum and Base wallets holding $50,000 to $2 million in stablecoins, $23.4 billion in all, and only 8.2% show any yield positions (which is kind of a shock to me). About $10.4 billion of it hasn't moved in 90 days. Astar.

Alchemy Pay posted its TOKEN2049 Singapore recap on Oct. 29, three weeks after its side-event keynotes wrapped. It's sitting on 4.4 million ramp users, 19 U.S. money transmitter licenses and a new stablecoin payments chain called Alchemy Chain. Alchemy Pay.

Jito Foundation and Wavebridge gathered up eight firms, including Hanwha Asset Management, custodian KODA and Meritz Securities, to write Korea's playbook for spot crypto ETFs. Korea plans to let crypto back ETFs and wants a tokenized securities market open by February 2027. Jito's angle is getting JitoSOL staking yield inside those ETFs, and it already has an MOU with Hanwha to try. Jito.

GrelfSwap, a Hedera DEX aggregator that started as a side project, added a Stocks page built on SODAX that swaps HBAR or USDC into 24 tokenized stocks and funds. They're Robinhood's tokens from its own chain, backed 1:1 on Hedera and routed through Robinhood's liquidity, so GrelfSwap never holds inventory. Americans can't use it, which is a running theme around here. SODAX.

Starstone, a high-fantasy card game, is live on Enjin, and linking an Enjin Wallet lets old Blobs and Multiverse NFTs unlock gifts and creature companions you can name, feed and level up. The team lifted the idea from Monster Rancher 2, where any CD in your PlayStation could summon a monster. Your NFT is the disc now. Enjin.

PEARL now trades on near.com, swappable from more than 35 chains through NEAR Intents. The coin gets minted by GPUs running AI workloads instead of grinding hash puzzles, so every PEARL comes from a GPU doing real work. Operators can swap it straight into stablecoins to cover the power bill, the most honest use case in this whole newsletter. Sort of. NEAR.

Lisk switched off its Ethereum layer 2 today to go all-in on a finance platform for businesses, and LSK lives on as a loyalty token, crypto's version of airline miles. Lisk says it can't guarantee recovery of anything left on the chain, with a manual claims process planned for January. Not every old ship gets to be the Galactica. Lisk.

Casper published a comparison arguing it gives developers more control than Stellar, with versioned contracts and a flat 0.1 CSPR transfer fee instead of fee bidding when things get busy. It's a vendor post that ends in a "Build on Casper" button, so grade on a curve. Casper.

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