Weekly Recap: Binance Refills 95% of Tokens After Hack, Mercado Bitcoin Loses $49M

TLDR Binance has refilled about 95% of tokens affected by its $6.3 billion hack. Mercado Bitcoin lost an estimated $48.6 million in a separate attack. Democrats won both chambers of Congress in the US midterms. Zcash activated NU7, cutting block times from 75 to 25 seconds. Apple and Meta rejected tokenised stock plans, joined by 67 companies in total. The crypto industry saw security breaches, a political shift and a network upgrade between October 31 and November 7. Binance, Mercado Bitcoin, Zcash, Circle, Apple and Meta all featured in the week’s news. Two exchanges reported large hacks within days of each other. Major technology companies also pushed back on tokenised stock trading plans, and Zcash completed a network upgrade.

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