Odaily — On-chain asset management firm Maple Finance's co-founder Joe Flanagan and Chief Operating Officer Ryan O'Shea are departing due to strategic differences. Flanagan will leave after seven years at the company and will assist with the transition through the end of 2026; O'Shea will step down on November 27 and will no longer hold any position thereafter.

Maple Finance said Flanagan's departure is a mutually agreed and orderly handover, with his responsibilities to be taken over by CEO Sidney Powell and the existing management team. The company has not yet announced a new chairman, nor did it specify the responsibilities of the two executives after their departures.

Maple Finance reported third-quarter revenue of $4.4 million, up 5% year-over-year; assets under management rose 18% year-over-year to $4.7 billion. SYRUP fell 7.5% over the past 24 hours and 12% over the past week; as of November 11, the protocol's total value locked had dropped about 11% from the end of September. (Cointelegraph)

Odaily reports: Prediction market platform Kalshi has ended its advisory relationship with Donald Trump Jr. A Kalshi spokesperson stated that discussions between the two parties began in August, and the decision was made after his investment firm 1789 Capital made a large investment in competitor Polymarket. The decision was mutual and did not involve political considerations.

Two people familiar with the matter said that some within Kalshi had concerns that if Democrats win both chambers of Congress in the midterm elections, it could impact the company. (Cointelegraph)

Odaily reports: According to monitoring by the U.S. Department of Justice, the DOJ, together with two major stablecoin issuers, has frozen or safeguarded approximately $2.7 billion in funds, accounting for nearly half of the more than $6 billion in assets stolen from Binance. On the same day, the FBI's cyber division warned that North Korean hackers are using a social engineering tactic called FaceStealer to steal crypto assets by impersonating video conferencing platforms and other means, and are also attacking the software supply chain.

Odaily: Solana posted on X that DTCC processed $4.7 quadrillion in transactions last year, and its tokenization service will integrate with Solana.

Odaily reports: Bitcoin News posted on X platform that South Korea's Financial Services Commission stated that the Binance hack incident proves that quickly freezing withdrawals helps reduce losses. The commission will issue a no-action letter allowing exchanges to suspend deposits and withdrawals when a hack is suspected; current law only allows freezing related operations after a hack has been confirmed, and the specific applicable conditions have not yet been announced.

South Korea's Financial Services Commission also requires exchanges to implement 24/7 monitoring, store user cryptocurrencies in cold wallets as much as possible, and increase insurance and reserve funds. Exchanges unable to monitor around the clock may only be able to process withdrawals when staff are on duty.

Odaily News: According to a Reuters report on November 12, NVIDIA founder Jensen Huang, in addition to the previously disclosed relationships, also had an extramarital affair with another NVIDIA employee. Reuters did not disclose the identity of this employee.

Odaily reports: Liz Murrill announced that Louisiana has filed suit in state court against Kalshi, Polymarket, and multiple platforms accused of being "illegal online gambling operators," seeking immediate restraining orders and injunctions. The defendants also include Robinhood, Coinbase, Gemini, and Crypto.com. The state alleges that the event contracts offered by these platforms violate local gambling and sports betting laws; previously, Kalshi and Polymarket had filed suit against state officials in federal court.

Odaily: MSCI will remove Strategy from the MSCI USA Index after the close on November 30, and the adjustment will also affect the MSCI World and MSCI All Country World indexes that include U.S. companies. This decision will not cause Strategy to exit Nasdaq, cease operations, or be forced to sell Bitcoin, but funds tracking the relevant indexes may sell MSTR shares as a result.

In October, MSCI passed new rules targeting non-operating companies, proposing to exclude investment vehicles that primarily hold financial assets from its operating company indexes. In a letter to MSCI, Strategy said the proposed rules are "discriminatory, arbitrary and misleading," and argued that MSCI should reflect the market rather than judge it.

Strategy reported net profit of $19.53 billion last quarter and operating revenue of $20.91 billion, almost entirely from the increase in the carrying value of its Bitcoin; under the accounting rules adopted in 2025, price changes are recognized in earnings even if the Bitcoin is not sold. Its software division posted quarterly revenue of $125.4 million, down 3% year over year; full-year 2025 revenue was $477.2 million, lower than $486.3 million in 2019.

Strategy estimates that funds tracking MSCI indexes hold about 13 million MSTR shares, representing 3.1% of its outstanding common stock, and said the related scale is manageable. Strategy continues to raise financing by issuing stock and other securities and buy Bitcoin. A decline in its share price may reduce its financing proceeds, but index removal does not mean it will necessarily reduce Bitcoin purchases. (Decrypt)

Odaily: Kalshi is in talks for a new funding round that could value the company at $65 billion.

Odaily reports, according to MSX.COM data, CBRS is up 11.8% in 1 hour and 10.2% in 24 hours, currently trading at 111.87 USDT.

Odaily: Donald Trump Jr. will end his advisory position at prediction market platform Kalshi. A Kalshi spokesperson said the decision was reached by mutual agreement after his investment firm, 1789 Capital, made a major investment in competitor Polymarket this summer. (Bitcoin.com News)

Odaily: Coinbase will list Pearl (PEARL) for spot trading, with the PEARL-USD trading pair to open in supported regions once liquidity conditions are met. Coinbase had previously added PEARL to its listing roadmap in October.

Odaily reports: Bitcoin News posted on X that an artist and architect named @architect_btc has created Drawing Bitcoin, a visual block explorer that transforms Bitcoin transactions into geometric artworks. The tool represents each transaction as a circle, with the circle's radius calculated based on the logarithm of the transaction amount (in satoshis), allowing users to observe patterns, correlations, and structures within blocks. Drawing Bitcoin was initially developed based on block 865,318 for creating physical artworks, and has now become a free public block explorer that supports users in visualizing and comparing Bitcoin blocks using a unified scale system.

Odaily reports: The Depository Trust & Clearing Corporation (DTCC), a U.S. securities clearing agency, plans to connect its tokenization services to Solana in the second half of 2027. According to a December 2025 no-action letter from the U.S. Securities and Exchange Commission (SEC), DTC participants must register wallets in order to hold tokenized securities, and tokens may only be transferred between registered wallets. (Cointelegraph)

According to MSX.COM data, TWST has fallen 10.6% over the past 24 hours and is currently trading at 112.58 USDT.

Odaily reports that Lighter posted on X platform that BE is now available for 10x leveraged trading.