Daily brief
November 2, 2026
5 stories curated for this day.
- Thunes and UnionPay International deepened their strategic alliance and launched high-capacity instant cross-border consumer payouts to UnionPay cards in China's mainland, enabling financial institutions, payment service providers and money transfer operators to route the service. The payout reach covers 79 major Chinese banks with daily limits up to $10,000 USD, with key expansion corridors including Africa and Australia. Sources: thunes (opens in a new tab)
- In its fifth recovery update following a security incident, Binance said the October 31st Proof of Reserves snapshot is now fully verifiable by users after a zero-knowledge proof was generated. Sources: binance (opens in a new tab)
- Security experts cited by Bloomberg say North Korean hackers may be using AI to plan and carry out cryptocurrency thefts, pointing to last week's record $6bn theft from Binance as evidence of increasingly complex and precise attacks. Bloomberg notes the AI use itself has not been confirmed. Sources: thenextweb (opens in a new tab)
- Revolut has been registered as a bank in New Zealand, with the Reserve Bank of New Zealand approving Revolut Bank New Zealand as the country's 27th registered bank. The approval clears the London-based fintech, which has already operated in New Zealand, to expand its financial services there. Sources: thenextweb (opens in a new tab)
- Binance users have withdrawn nearly $5 billion from the crypto exchange since it reopened after last week's hack, in which North Korea-linked attackers made off with $6.3 billion. Sources: finextra (opens in a new tab)