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Starbase

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Developer nicolashw submitted a draft Ethereum core proposal on Oct 30 that would let EOAs permanently opt out of EIP-7702 delegation — irreversible, unlike just clearing a current delegation. It blocks future code delegation but can't stop fund transfers if the private key leaks, doesn't revoke existing token approvals, and may affect delegation-based account recovery. Still an unmerged draft with no official EIP number; activation would require a network upgrade. #Ethereum #Web3 #EIP7702

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Galaxy Research: Meme coins' share of Solana trading volume has fallen from over 50% in late 2024 to 15–20% in Q2 2026. SOL is down nearly 20% YTD, US-listed spot & staked SOL ETFs saw ~$50M in outflows over two consecutive weeks this month, and Solana's share of on-chain perp volume has dropped from 17% to 6%. The Solana Foundation says a transition is underway — moving away from meme coins and speculative trading toward stablecoins, tokenized assets, and other mainstream financial applications to win institutional adoption on Wall Street. But with the crypto market in a downturn and competitors like Hyperliquid rising, Solana faces a tough pivot. Analysts say the key question is whether it can attract stable assets, developers, and users — not just speculative volume. #Solana #Web3 #Crypto

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🇰🇷 South Korea is stepping up crypto reporting requirements from Dec 3. Domestic VASPs must report each cross-border crypto transfer by 11 AM the next business day and submit monthly user balance reports, covering dormant accounts, delisted tokens, and staked assets. The proposed retrospective scope covers 1.27M users across the country’s five largest exchanges, though the central bank is considering a later start date. Data will be shared with tax, customs, and financial regulators. Direct transfers between personal wallets are excluded. #Web3 #Crypto #SouthKorea #CryptoRegulation

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Galaxy Research: “Babel Scribe” posted ~40 random-letter inscriptions/day for 3 weeks—not ciphertext. 562 texts show near-uniform A–Z frequency, pointing to a random generator. Same address earlier inscribed the U.S. Constitution. Likely testing data-publishing tools, not sending hidden messages. #Web3 #Bitcoin #Ordinals #OnChain #GalaxyResearch

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🚨 a16z Crypto → a16z Frontier: expanding to AI, autonomous machines, HW/SW & human-agent networks—while still backing crypto, stablecoins & M2M payments. Not an exit from crypto. #Web3 #Crypto #a16z #AI #Stablecoins #Blockchain #FrontierTech #MachineEconomy #AgenticAI #Startups #Web3News

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🚨 IRS: reformed Voluntary Disclosure Program due by end-Nov; target ≤120 days after complete submission, lower penalties, possible installments (CI head Jarod Koopman). No separate crypto VDP—digital-asset income treated like other taxable income under general VDP. #Web3 #Tax

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🇬🇧 FCA opens two parallel consultations: one on how existing rules apply to FCA-regulated firms using or facilitating access to DeFi protocols (no new rulebook), and one on the scope/“regulatory perimeter” of the upcoming cryptoasset regime. Both close Nov 18, 2026; final guidance expected Jan 2027. #Web3 #DeFi #CryptoRegulation

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Stablecoins are scaling fast: Q3 2026 organic transfers averaged >$400M/hr; 73% of filtered volume happened outside US bank hours; adjusted quarterly volume hit $891B (4x since early 2023), on pace for $1.5T by end-2027. Sending $200 via USDC on Base saves ~86% vs TradFi. #Stablecoins #USDC #Base #Web3 #CryptoPayments #Onchain

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US House Ways & Means passed H.R. 10357 (38-5). Sec. 502 would require Treasury to launch a digital-asset voluntary disclosure program within 12 months: amended returns + tax/interest, penalty relief, 24-month filing window. Still needs House, Senate & President. #Web3 #Crypto

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Sentora weekly DeFi update: TVL −$1.34B to $122.25B; stablecoin supply −$1.35B to $305.24B, hinting at capital exiting on-chain. RWA TVL $4.04B; ETH TVL share 57.79%; high-risk loans $6.72B (−$395M WoW); stablecoin liquidity 21.40% (+1.37pp), ETH 18.80% (+1.20pp). #DeFi #Web3 #Crypto #Stablecoins #Ethereum #RWA #TVL #OnChainData #Liquidity #DeFiNews