SOL Coin Daily Report: November 5, 2026 — Key News and Updat
Over the past 24 hours, SOL-related news centered on two areas: hacker fund movements and institutional trading channels. The Binance hacker continued converting stolen SOL into BTC, with 81% of the SOL already moved through THORChain; meanwhile, Coinbase Prime launched crypto options and perpetual futures trading for institutional clients in the US and other regions, connecting to Deribit liquidity and supporting more than 20 assets with BTC, ETH, and USDC as collateral, while Deribit does not directly serve US customers. On the price front, SOL fell below 90 USDT, down 2.06% in 24 hours.
November 05, 2026 SOL News Roundup
- [11-05 02:46] Key news from last night and this morning (November 4 - November 5) (PANews)
Block added 120 BTC in Q3, raising total holdings to 9,237 BTC. According to the third-quarter 10-Q filing that Jack Dorsey's Block (XYZ) submitted to the US SEC, as of September 30 the company held 9,237 bitcoins as an investment, up 120 from 9,117 at the end of the second quarter, with the fair value of its bitcoin investment at approximately $772 million. According to Bitcoin Treasuries, Block ranks 14th on its Bitcoin 100 list. French mutual credit bank confirmed it was
- [11-04 19:19] Coinbase Prime launches crypto options and perpetual futures trading for institutional clients in the US and other regions, connecting to Deribit liquidity (Wu Blockchain)
Coinbase announced that through Coinbase Prime it now provides cryptocurrency options and perpetual futures trading to institutional clients in the US and other eligible regions, connecting to Deribit liquidity and offering a unified liquidity pool for US and global traders. The service supports more than 20 assets including BTC, ETH, SOL, XRP, AVAX, and HYPE, allows BTC, ETH, and USDC to be used as collateral, and will add more assets in the future. The derivatives service, in eligible jurisdictions, through regulated
- [11-04 03:21] Binance hacker continues converting SOL into BTC (Wu Blockchain)
According to Lookonchain monitoring, the hacker who stole $6.3 billion in assets from Binance continues to convert SOL into BTC. The funds were first dispersed across multiple wallets and the SOL was sold for USDC. The USDC was then cross-chained to Ethereum and used to buy ETH, which was in turn swapped for BTC via THORChain.
- [11-04 02:58] Binance hacker keeps converting SOL into BTC (Odaily)
Odaily news: According to Lookonchain monitoring, the Binance hacker split the SOL across multiple wallets and sold it for USDC, then cross-chained the USDC to Ethereum and bought ETH, finally swapping the ETH for BTC via THORChain.
- [11-04 16:23] Coinbase Prime launches global options and perpetual futures trading for US institutions (PANews)
PANews, November 5: Coinbase posted on X that Coinbase Prime has launched regulated global options and perpetual futures trading for institutional clients in the US and other eligible regions, with US and global traders sharing a unified liquidity pool. The service is provided with liquidity from crypto options exchange Deribit and supports more than 20 assets including BTC, ETH, SOL, XRP, AVAX, and HYPE, with BTC, ETH, and USDC usable as collateral, and more collateral assets will be supported successively.
- [11-04 16:05] Coinbase Prime connects to Deribit liquidity, supporting more than 20 assets and BTC, ETH, USDC collateral (Odaily)
Odaily news: Coinbase posted on X that Coinbase Prime has now connected to liquidity from Deribit, the world's largest crypto options exchange, and supports more than 20 assets, including BTC, ETH, SOL, XRP, AVAX, and HYPE. The platform currently supports BTC, ETH, and USDC as collateral, with more assets to be added successively.
- [11-04 16:49] Deribit does not directly serve US clients; Coinbase Prime opens global crypto options and perpetual futures to institutions (Odaily)
Odaily news: Coinbase announced that Coinbase Prime now provides regulated global crypto options and perpetual futures trading services to institutional clients in the US and other eligible regions, with US and global traders sharing a unified liquidity pool. The service integrates Deribit's liquidity, supports more than 20 assets including BTC, ETH, SOL, XRP, AVAX, and HYPE, and allows BTC, ETH, and USDC to be used as collateral, with more assets to be supported in the future. The related derivatives
- [11-04 09:15] Binance hackers move 81% of stolen Solana, route funds via THORChain (Cointelegraph)
The Binance attackers moved most of the stolen SOL and continued laundering funds through THORChain after the protocol resumed swaps.
- [11-04 03:02] SOL falls below 90 USDT, 24H decline 2.06% (Odaily)
Odaily news: OKX market data shows SOL fell below 90 USDT, now at 89.96 USDT, a 24H decline of 2.06%.