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TCB Daily Edition: What Happened in Crypto on November 6, 2026

Zcash activated a major network upgrade, Aave Labs announced an acquisition, and Binance outlined another stage of its withdrawal recovery. Today’s roundup covers ten announcements and new disclosures from November 6, including Bitcoin treasury results, blockchain development plans and institutional tokenization.

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Zcash Activates NU7 With Faster Target Block Times

Zcash’s NU7 upgrade went live on November 6, reducing the network’s target interval between blocks from 75 seconds to 25 seconds. The upgrade also reserves 60% of transaction fees for future mining rewards, while miners receive the remaining 40% immediately. It retires the original Sprout privacy pool, leaving funds still held there unspendable under the new rules.

Binance Announces Another Batch of Withdrawal Restorations

Binance’s ninth recovery update scheduled additional withdrawals to resume in stages from 04:00 UTC on November 6. The announcement covers selected assets across nine networks, including ETH on Optimism, MORPHO on Base and FDUSD on Sui. Binance said each asset-and-network combination would reopen after security checks, with availability confirmed through its withdrawal interface or network-status page.

Aave Labs Acquires Avon to Develop Fixed-Rate Lending

Aave Labs announced the acquisition of Avon’s personnel and lending technology as it prepares to expand its fixed-rate borrowing capabilities. The transaction includes protocols supporting fixed and floating interest rates, an onchain order book and related assets, with Avon team members joining Aave’s engineering and business development operations. The companies did not disclose the purchase price.

Strive Reports $509 Million Profit Driven by Bitcoin Revaluation

Strive disclosed third-quarter net income of $509 million, with its results including $533.7 million in unrealized gains on digital assets. The company acquired 8,136 BTC during the quarter, finishing September with 28,000 BTC. It also reported purchases of another 15,124 BTC during October, taking its holdings to 43,124 BTC.

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Immutable Plans Move to an Ethereum Rollup in 2027

Immutable announced plans to migrate its gaming blockchain to the OP Stack around mid-2027, turning Immutable Chain into an Ethereum rollup. The proposed upgrade would shorten block times from two seconds to one second while preserving existing accounts, balances and contracts. Native withdrawals would take approximately seven days, although the company expects faster liquidity bridges to remain available.

TeraWulf’s Mining Revenue Falls as Computing Leases Expand

TeraWulf’s third-quarter report showed Bitcoin mining revenue of $13.2 million, down approximately 69% from $43.4 million a year earlier. High-performance computing leases generated $63 million, accounting for roughly 83% of the company’s $76.2 million in total revenue. The company nevertheless recorded an operating loss of $88.2 million for the quarter.

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Jupiter Adds Combined Predictions to Its Solana Platform

Jupiter launched Combos, a feature that allows users to combine several predicted outcomes into one position through Jupiter Predict. The initial rollout supports sports and esports markets, including selections based on winners, point spreads and totals. Every selection must succeed for the position to pay out, and users cannot sell a Combo after placing it.

Hypercall Sets November 9 Launch for Anthropic-Linked Options

Hypercall announced that options linked to Anthropic’s pre-IPO market will begin trading on November 9 at 8 a.m. Eastern Time. Built on Hyperliquid, the service will support calls, puts and multi-leg strategies, with trading available around the clock. The contracts will settle in cash and provide synthetic exposure without granting Anthropic shares, IPO allocations or ownership rights.

CertiK, V Systems and ZICO Announce Tokenization Collaboration

CertiK announced a memorandum of understanding with V Systems and Malaysian law firm Zaid Ibrahim & Co. to help financial institutions develop tokenized products across Greater China and Southeast Asia. The proposed collaboration brings together V Systems’ blockchain infrastructure, CertiK’s security assessments and ZICO’s legal expertise. The partners identified cross-border deployment and Islamic finance among the opportunities they intend to pursue.

U.S. Jobs Report Exceeds Forecasts as Bitcoin Trades Near $75,800

The U.S. employment report released on November 6 showed 165,000 jobs added in October, exceeding the 65,000 forecast cited by CoinDesk. Unemployment edged down to 4.1%, while average hourly earnings increased 0.4% from September. Bitcoin traded near $75,800 shortly after the release, as the yield on ten-year U.S. Treasuries moved higher.

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Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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