Allora stopped a thief from selling. A day after the Binance hack, it froze the ALLO taken and began handing it back. We read the token contracts to see what makes that possible, and the answer is a key that can rewrite them. Akash opened its Solana portal, Aethir started burning fees and Venice had its biggest burn month yet.

What shipped this week

• Akash's Solana portal is open. Mainnet 19 went live on 6 November, and on 9 November a one-day expedited vote, 99.87% in favour, switched on AKT transfers to Solana. The migration holders approved a week earlier is now working code rather than a plan. The portal holds 12 AKT so far, test-sized, and Proposal 348, which pays for its independent audits, is still open until 12 November. Akash review

• Aethir started burning its fees. On 3 and 4 November a burner contract on Arbitrum moved ATH from Aethir's fee contract to a dead address. Fees now take tokens out of supply, and anyone can check the burn address for themselves. Last week we said we'd watch for this. Aethir review

• A Bittensor subnet is serving Tencent's newest model. Tencent released its open-weights Hy4 on 4 November, and Chutes, Bittensor's subnet 64, lists it on its public API, where we read it on 10 November. A hyperscaler's flagship model on a permissionless subnet is outside demand arriving at the subnet layer. Chutes calls itself a launch partner, though Tencent's own release doesn't name it, and a listing isn't paid usage yet. Bittensor review

• Venice had its biggest burn month. Our own index shows October's buyback and per-event burns together removed 25.1% of the VVV issued that month, the highest share since buybacks began in December 2025. The per-event burns now outweigh the flat monthly buyback. Three-quarters of new supply still went unburned. Venice review

Spotlight: what Allora can switch off

On 30 October Allora said it had used an emergency safeguard in its token contract to freeze the ALLO taken in the Binance hack. None of it had been sold, and the team said the full amount was going back to Binance without changing total supply (as reported by TokenPost and PANews). Fast, and it protected every other holder.

What makes a freeze possible. We read the ALLO contracts on Ethereum, Base and BNB Chain on 10 November:

• There's no freeze switch in today's code. All three chains run the same implementation, and it has no freeze, blacklist or pause function.

• The code itself can change. Each token is an upgradeable proxy, and one Safe needing two of its three signers owns both the token and its upgrade admin on every chain.

• That key is the real power. Whoever holds it can replace the contract, so a freeze, or anything else, is one upgrade away. Our review doesn't name this key yet, and it will.

The machinery is getting better. On 6 November allora-chain merged two changes. Forecasts with fewer than two active inferers are now dropped when a round closes, and the chain emits richer events for scores, stake, rewards and forfeits, so outsiders can audit what workers earn.

Demand is still a promise. A public market-neutral vault from R25 on Pharos, announced on 3 November, trades Hyperliquid perpetuals from Allora's forecasts. Neither side has published deposits or fees, so it can't count as revenue yet, and Revenue Sustainability remains Allora's weakest score.

The cliff is due on 11 November, a year after launch. The first third of the early-backer and core-contributor allocation, about 160 million ALLO, is roughly 38% of today's circulating supply. Our review still calls it two-thirds of the float, a figure measured against the launch float, and we're correcting it.

Allora stays at D on both scores. Vault deposits or fee receipts we can trace back to ALLO would move Returns. Allora review

Biggest movers this week

7-day change as of 10 November 2026.

Only six of the 38 tokens with a working quote closed the week up, and Ocean led them. Warden fell 19% in its first full week since leaving its own chain. ORA's +663% and NuNet's +364% are quotes that barely trade, and Giza's price is frozen, so all three are left out. Heurist's is too thin to rank.

Gainers:

• Ocean Protocol (OCEAN) +12.3%

• Cookie DAO (COOKIE) +10.0%

• Nosana (NOS) +8.1%

• Akash Network (AKT) +6.3%

• Render Network (RENDER) +5.2%

Fallers:

• Olas (OLAS) -20.1%

• Warden Protocol (WARD) -19.0%

• Sentient (SENT) -17.7%

• Grass (GRASS) -12.9%

• Phala Network (PHA) -11.7%

See all movers: ownyourmind.ai/projects/movers/

What we verified this week

49 re-checks across 37 projects since 4 November, most from our monthly review, and five of them moved a score:

• Bittensor's post-quantum wallets shipped switched off. Runtime 488 carries ML-DSA and Falcon accounts, but the setting that enables them is off, no account has registered, and only the 2-of-3 sudo multisig can turn it on. We had reported them as live on 6 November and corrected that on 9 November.

• Morpheus prompts travelled in plaintext. Release v7.19.0 of the proxy-router, out on 2 November, encrypts prompts to providers only when both nodes support it, and before that none were encrypted. Data Sovereignty dropped a band.

• No more NOS can ever be minted. Nosana's mint and freeze authorities are null on Solana and the supply is fully circulating, so its Returns score rose four points.

• Walrus upgraded without a vote. The 29 October move to version 4 went through the emergency multisig path, with no storage-node vote.

• Vana fixed its docs to match the chain. Its security page now says a 3-of-7 multisig authorises upgrades with no timelock, which is what we read on chain, so the claim moved off "inflated".

See the full integrity board: ownyourmind.ai/integrity/

On the watchlist

• Allora's 11 November cliff, and the follow-up Allora promised once the stolen ALLO is back with Binance.

• Akash's audit-funding vote, Proposal 348, which closes on 12 November, then the SPL AKT launch.

• NEAR's HSP-029 veto window, which ends on 16 November.

• Phala's 19 November deadline for customers to move to the fixed image.

• Render's RNP-024 final vote, which closed on 9 November. We'll report turnout against the first vote's five wallets.

From the site

• Integrity digest, November 2026. Vana rewrote its security docs to match the chain, three claims fell, and we name the three corrections we owed our own readers: ownyourmind.ai/journal/integrity-digest-november-2026/.

• The OYM podcast is on Spotify, Apple Podcasts and the major directories under "Own Your Mind".

Cheers,
Bobski

Own Your Mind. Independent research on decentralised AI. No sponsors.

ownyourmind.ai · @ownyourmindai · @0xbobski

Disclosure policy

Disclosure: OYM holds AKT, GRASS, MOR, NEAR, RENDER and VVV.