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Daily Brief · November 15, 2026

Daily Brief: CFTC Sues Louisiana as Overleveraged Longs Trigger $2B in Liquidations

The CFTC escalated its preemption war over prediction markets by suing Louisiana, while a market drop triggered $2.05 billion in derivatives liquidations and stUSDT moved to wind down.

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November 15, 2026basisdesk.news
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Story 1 of 6

CFTC Sues Louisiana in Federal Preemption Fight Over State Derivatives Bans

The agency filed suit against Louisiana on Nov. 13, its 12th state target, challenging local court closures of over 30 prediction market venues.

November 15, 2026basisdesk.news
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Story 2 of 6

Crypto Liquidations Top $2B as Binance Takes an $800M Hit

CoinGlass tracked $2.05 billion in forced closures dominated by long positions, with Binance liquidations nearing $800 million amid market-wide selling.

November 15, 2026basisdesk.news
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Story 3 of 6

stUSDT Shuts Down After TVL Plunges 99% From $2.3B Peak

The yield protocol ceased interest accrual and opened redemptions through May 14, 2027, as total value locked dropped to $8.6 million.

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Story 4 of 6

Aztec Details Tierra V6 Architecture With Illicit Capital Filters

The Ethereum layer-2 rollup upgrade doubles proving speeds to 12 seconds and adds cryptographic serial numbers to verify funds are untainted by Lazarus Group.

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Story 5 of 6

Digital Asset Expands Wall Street Adoption of Canton Network

Backed by a $355 million June round and DTCC integrations, the privacy-focused ledger processed 79% of November transactions confidentially.

November 15, 2026basisdesk.news
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Story 6 of 6

Coinone Issues Phishing Warning Following Customer Support Breach

An intruder accessed user identities, bank accounts, and passwords via outsourced vendor MetaM, though core exchange and wallet systems remained untouched.

November 15, 2026basisdesk.news
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The numbers

Total crypto market capitalization sits at $2.23 trillion (−2.5%) with $BTC at $65,496, $ETH at $1,829, and the Fear & Greed index reading 10 in Extreme Fear.

November 15, 2026basisdesk.news
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What to watch

  • US Supreme Court review of New Jersey's petition on event contract preemption and Judge Caproni's pending SDNY injunction ruling
  • Perpetual funding rates and open interest levels to monitor further derivative market deleveraging
  • Initial redemption flows for stUSDT ahead of the May 14, 2027 deadline
November 15, 2026basisdesk.news
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November 15, 2026basisdesk.news
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