Odaily Planet Daily reports that Binance Alpha is reminding users to prepare for today's airdrop application event, which will begin at 16:00 today (UTC+8, corresponding to 8:00 UTC).
During the event, users holding at least 252 Binance Alpha Points can claim tokens on a first-come, first-served basis before the airdrop pool is exhausted or the event expires.
The official statement said that specific information about the airdropped tokens and more details will be announced later. Users can follow Binance's official channels for the latest updates.
According to Odaily Planet Daily, Lee Eun-woon, Chairman of the Financial Services Commission of South Korea, stated at the "19th Anti-Money Laundering Day" event held by the Financial Intelligence Analysis Institute on the 28th that South Korea will further strengthen anti-money laundering regulations for cryptocurrencies.
He pointed out that the "travel rule," known as "cryptocurrency real-name registration," will be expanded to cover small transfers of less than 1 million won (approximately US$680) to close existing regulatory blind spots. Lee Eun-woon emphasized that regulators will crack down on money laundering using virtual assets and prohibit virtual asset transactions with overseas exchanges with high money laundering risks.
In addition, South Korea will establish a more stringent review system to conduct a comprehensive review of the criminal records, financial status, and social credit of virtual asset business operators and their major shareholders, in order to strengthen the industry's entry threshold.
(Yonhap News Agency)
According to Odaily Planet Daily, a complete disruption to the CME Globex futures and options market has caused underlying market data to stop updating, leaving all liquidity providers unable to provide real-time quotes for products such as US indices. Consequently, some products in the Bybit TradFi product line (such as certain indices and crude oil) have been affected.
It is important to note that:
• Real-time quotes are currently unavailable for the affected CME-linked products.
• Opening, closing, and modifying orders for these products are temporarily unavailable.
• Stop-loss and other risk control orders may not be triggered until the market recovers.
• XAUUSD (gold) is unaffected and can be traded normally.
Bybit is closely monitoring the CME's progress. Once the CME resumes normal market operations, trading in related products will also resume. The CME has not yet provided an estimated recovery time.
According to official sources, Bitget will donate HK$12 million to Hong Kong to support emergency relief efforts, assistance to affected families, and post-disaster reconstruction following the Hung Fook Court fire. The donation will be handled and implemented by three reputable local charitable organizations:
The donations are distributed as follows:
Yan Chai Hospital, Hong Kong – HK$5 million to assist with emergency medical support, treatment costs for injured persons, and to provide necessary health and rehabilitation support to affected families.
The Salvation Army Hong Kong – HK$3.5 million – will be used to provide economic assistance, temporary shelter, living supplies, and basic living reconstruction services to help affected families resume their daily lives as soon as possible.
Po Leung Kuk, Hong Kong – HK$3.5 million will be used for community support, psychological counseling, family assistance, and follow-up social work after the fire to help affected residents get through the transition period.
Bitget stated that it hopes every penny of the donation will be used transparently, promptly, and effectively. Through this donation, it aims to work with local charitable organizations to provide timely and practical support to disaster-stricken residents, helping the community rebuild and return to normal life as soon as possible.
Odaily Planet Daily reported on November 27th that South Korean gaming giant Wemade and leading Web3 security company CertiK officially launched the Global Korean Won Stablecoin Alliance (GAKS). A representative from CertiK was invited to Singapore to attend the alliance launch ceremony, which was led by Wemade. Chainalysis, SentBe, and other companies also joined simultaneously. The alliance will continue to promote the development of the Korean Won stablecoin ecosystem globally.
As a GAKS member, CertiK will provide Wemade with blockchain explorer technical support, StableNet mainnet security auditing services, and node verification and on-chain monitoring optimization, comprehensively ensuring the security and reliability of the stablecoin's core infrastructure. It is understood that StableNet is a dedicated blockchain mainnet and infrastructure built by Wemade for its Korean Won stablecoin, and is also the first dedicated mainnet infrastructure in South Korea covering the entire lifecycle of a Korean Won stablecoin.
Both parties will establish a long-term cooperation framework focusing on key areas such as mainnet technical support and stablecoin core infrastructure (including security and compliance), jointly promote the implementation of the Korean Won stablecoin in payment, trading, and cross-border applications, and work together to create a mature, secure, and efficient digital asset ecosystem, thereby enhancing its competitiveness and influence in the global blockchain and digital asset field.
According to Odaily Planet Daily, Aishwary Gupta, Global Head of Payments and RWA at Polygon, believes that global stablecoins are entering a "supercycle," and the number of stablecoin issuers could exceed 100,000 within the next five years.
Gupta points out that Japan's participation in government bond and policy stimulus pilot programs through stablecoins like JPYC demonstrates that stablecoins can serve as a tool of national economic sovereignty, rather than weakening central bank power. He states that stablecoins, like fiat currencies, are subject to monetary policy influences and essentially enhance global demand for a country's currency, just as stablecoins have boosted the use of the US dollar.
Gupta also warned that stablecoin yields are attracting low-interest deposits (CASAs) from the banking system to the blockchain, weakening banks' ability to create credit and maintain low-cost capital. To counter this competition, he anticipates banks will issue "deposit tokens" on a large scale to keep funds on their balance sheets while allowing customers to use assets on-chain.
He believes that as the number of stablecoins rapidly expands, the future payment system will rely on a unified settlement layer, allowing users to pay with any token and merchants to receive payments with another token, with the underlying conversion completed seamlessly in the background.
(The Fintech Times)
1. MegaETH: Pre-deposited funds will be refunded; the refunds will be processed through a new contract.
2. CryptoQuant CEO: Bitcoin on-chain metrics are showing bearish signals; further gains may depend on macro liquidity.
3. Market News: Trading in CME Group commodity futures is suspended due to technical issues;
4. Ansem: 95% of crypto projects are "junk," and future value will only belong to BTC, stablecoins, and a few other sectors;
5. South Korean authorities suspect that the North Korean hacking group Lazarus was behind yesterday's Upbit attack;
6. The UK plans to introduce a "no gain, no loss" tax rule for DeFi lending and liquidity pool trading;
7. Animoca executives: Plans to expand business focus to areas such as stablecoins, AI, and DePIN by 2026;
8. Entrée Capital raises a new $300 million fund, focusing on early-stage investments in AI, cryptocurrencies, and other areas.
According to Lookonchain monitoring, a whale address with the address starting with 0xE9D0 has purchased another 40,433 AAVE tokens (worth approximately $7.1 million) in the past 5 days.
Over the past three years, this whale has purchased a total of 292,838 AAVE tokens (approximately $54.5 million) at an average price of $170 per token, and currently has a paper profit of $4.6 million.
According to Nansen data, only 11 public blockchains generated over $100,000 in fee revenue in the past seven days, with only six of them exceeding $1 million. Tron topped the list with $6.16 million in fee revenue, followed by Ethereum ($3.87 million), Solana ($2.94 million), BNB Chain ($2.65 million), Bitcoin ($1.78 million), and Base Network ($1.13 million).
In addition, HyperEVM's fee revenue in the last 7 days was $406,000, and Monad, a public blockchain project that recently launched its mainnet, had a revenue of $111,000 in the last 7 days.
According to Onchain Lens, as reported by Odaily Planet Daily, the Bhutanese government has just transferred another 160.35 ETH (worth approximately $483,000) to QCP Capital, or is selling ETH through OTC trading.
According to Odaily Planet Daily, crypto trader Ansem posted on social media that the main value accumulation phase in the crypto industry is "basically over," and the vast majority of tokens ("95% junk") will struggle to gain sustained value in the future.
He stated that in the future, what will truly capture value will be stablecoins and the blockchain infrastructure built on their own chains by traditional fintech companies such as Stripe, Coinbase, and Robinhood, rather than most token projects currently on the market.
Ansem believes that only three areas still offer investment opportunities, both now and in the future: Bitcoin, privacy-related sectors, and the Hype/DEX ecosystem. He added that a new wave of opportunities may emerge after 2027, arising from the combination of AI/robotics and blockchain.
According to Odaily, Matrixport Group, through its Hong Kong branch, donated HK$3 million to relevant relief organizations to fully support emergency relief, resettlement, and reconstruction efforts following the Tai Po fire in Hong Kong. This donation, jointly made by the Group and its employees, will be specifically used for disaster relief and reconstruction.
Following the disaster, the Group immediately communicated and coordinated with relevant organizations in Hong Kong to swiftly implement donations. Matrixport extends its deepest condolences to the citizens who tragically lost their lives in this accident and to the firefighters who died in the line of duty, pays its highest respects to the frontline fire and rescue personnel, and extends its sincere sympathies to the families of the victims.
Matrixport will continue to closely monitor the aftermath of the disaster and collaborate with local philanthropic partners to provide ongoing support to the affected Hong Kong communities.
Odaily Planet Daily News: Week 48 of 2025 (November 21-November 27):
1. According to Cloverpool, the average hashrate of the Bitcoin network is 1079 EH/s, with a high of 1241 EH/s and a low of 870 EH/s, an increase of 4.24% compared to the average hashrate of last week (1036 EH/s).
2. According to blockchain.com, the average price of Bitcoin was $87,022, with a high of $91,925 and a low of $80,525, down 7.75% from the average price of the previous week ($94,332).
3. Notable mining news includes:
(1) Bitcoin mining company Bitfury invested $12 million in Gonka AI, a decentralized AI computing network;
(2) JPMorgan Chase upgraded Bitcoin mining companies Cipher and CleanSpark to “Overweight”;
(3) Russian advisors have suggested granting amnesty to illegal mining machine owners, and about 60% of mining companies have not yet registered;
(4) Cango mined 129.9 BTC last week, bringing its total Bitcoin holdings to 6773.4.
Data partner: Cango Inc. (CANG), a NYSE-listed Bitcoin mining company.
According to market sources, CME Group has suspended commodity futures trading, including cryptocurrency futures trading such as Bitcoin, Ethereum, and Solana.
Odaily Planet Daily reports that Switzerland has postponed the implementation of its rules for automatically exchanging cryptocurrency account information with overseas tax authorities until 2027, and is still deciding which countries to share data with. The Swiss Federal Council and the State Secretariat for International Finance stated on Wednesday that the Crypto Asset Reporting Framework (CARF) rules will still be enshrined in law as originally planned on January 1, 2026, but will not be implemented for at least another year. The department added that the Swiss government's tax committee has "suspended its consideration of which partner countries Switzerland intends to exchange data with under CARF," which is the reason for the postponement. The government announcement also highlighted a series of revisions to the local cryptocurrency tax reporting law, as well as transitional provisions designed to "facilitate" domestic cryptocurrency companies' compliance with CARF rules. (Cointelegraph)
Odaily Planet Daily reports that Huobi HTX and TRON jointly announced the activation of an emergency charitable aid mechanism, donating HK$10 million to Hong Kong for frontline rescue efforts in the Tai Po fire, temporary resettlement of affected residents, and provision of basic living supplies.
In a joint statement, Huobi HTX and TRON expressed their respect to the firefighters, medical staff, and community workers on the front lines. They pledged to stand with the people of Hong Kong and continue to focus on post-disaster needs, fulfilling their corporate social responsibility through concrete actions.
