Blockchain analytics firm Elliptic has revealed that hackers associated with North Korea are creating memecoins to process stolen cryptocurrency. The group is using these newly launched tokens to clean assets taken during a $6.3 billion security breach on Binance.
In related regional news reported by Andrew Fenton on November 12, 2026, trading platform xStocks plans to add hundreds of Hong Kong-listed equities over the coming weeks. At the time of the report, Bitcoin traded at $71,347.30, Ethereum at $2,016.55, and Binance Coin at $657.54.
For traders currently holding perpetual futures positions on Bitget, Bybit, MEXC, or OKX, these laundering revelations and stock additions do not directly alter swap funding rates or holding fees. Contract borrowing costs remain governed by existing market liquidity and leverage demand rather than these specific ecosystem events.
Source: cointelegraph — NK hackers join memecoin trenches, xStocks adds Hong Kong equities: Asia Express