Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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According to Odaily Planet Daily, OKX market data shows that BTC briefly fell below 87,000 USDT, currently trading at 86,994.3 USDT, a 24-hour drop of 2%. (This news item was generated with AI assistance.)
According to Odaily Planet Daily, OKX market data shows that BTC has broken through 88,000 USDT and is currently trading at 88,005.2 USDT, with a 24-hour increase of 0.19%. (This news item was generated with AI assistance.)

Odaily Planet Daily reports that Coinbase has announced the launch of spot trading for Irys (IRYS). The IRYS-USD trading pair will open later today, provided liquidity conditions are met and trading is supported.

Odaily Planet Daily reports that Anchorage Digital has announced a rewards program for USDtb and USDe holders, with rewards distributed by an independent entity, Anchorage Digital Neo Ltd., to maintain compliance under the GENIUS Act, which prohibits stablecoins from paying interest. This structure aims to allow institutions to earn rewards for idle assets held on the Anchorage platform, while providing a replicable, compliant distribution path for US stablecoin issuers. (CoinDesk)

According to Onchain Lens monitoring, as the price of MON rises, a whale's previously opened 3x leveraged long position in MON has already yielded a floating profit of over $2 million. In addition, the whale also holds 3x leveraged long positions in HYPE and ZEC.

According to Odaily Planet Daily, MegaETH announced on the X platform that due to "unexpected" issues, it will no longer pursue the $1 billion cap. It will later share some recap content and launch an "exit" feature, allowing users to choose to withdraw if they no longer wish to participate.

According to market sources, prediction market Polymarket has received approval from the CFTC's revised directive to gain access to the US market through intermediaries.

According to Lookonchain monitoring, a major whale closed out its long position in ZEC, making a profit of $3 million. It also increased its long positions in HYPE and MON.

• 500,406 HYPEs ($16.2 million)

• 125.57 million MON tokens ($5.14 million)

According to community feedback, MegaETH has announced that it will increase the USDm quota limit to $1 billion. The bridging will open at 0:00 Beijing time tomorrow, but the quota appears to have been snapped up in advance.

The team originally planned to ensure the event started on time by pre-signing transactions and then performing a credit limit increase at a designated time. However, the team was unaware that signed transactions could be broadcast by anyone. A suspected crypto tycoon, @chud_eth, exploited this vulnerability to perform the credit limit increase prematurely, preemptively allocating USDm. The total allocation has now been modified to $500 million and is completely sold out.

According to Odaily Planet Daily, Ethereum treasury company SharpLink announced on the X platform that it received 443 ETH in staking rewards last week, bringing its total staking rewards to 7,846 ETH since the launch of its staking strategy on June 2, 2025.

According to market sources, the Federal Deposit Insurance Corporation (FDIC) has relaxed a key bank capital rule linked to U.S. Treasury bonds. Furthermore, the FDIC is proposing changes to the leverage ratios for community banks. (Golden Ten)

Odaily Planet Daily reports that CBB publicly expressed his dissatisfaction on social media, saying that MegaETH's expansion of its public offering to $1 billion was "too greedy," and bluntly stated, "Send this trash to zero, please."

According to data from Hyperbot, as reported by Odaily Planet Daily, possibly due to a temporary market downturn leading to the partial liquidation of long positions, "Brother Machi" has just added to his long positions in ETH and HYPE. His current position is worth approximately $16.339 million. His 25x leveraged Ethereum long position currently holds 4,650 ETH, with a liquidation price of $2,758.7, indicating a floating profit. His 10x leveraged HYPE long position has increased to 90,888.88 HYPE, with a liquidation price of $25.3825, indicating a floating loss.

Odaily Planet Daily reports that MegaETH announced on its X platform that the $250 million limit was filled in 156 seconds, therefore the limit has been increased to $1 billion so that users can receive USDm on the first day. The bridge will reopen at 11:00 AM Eastern Time. The purpose of this event is to distribute USDm to a more diverse range of users. This will not affect previous participants. All MegaETH contracts remain secure and have been audited by Zellic and Slowmist.

Odaily Planet Daily reports that Coinbase has announced that perpetual contracts will be listed on ASTER on November 26.

According to Odaily Planet Daily, Nvidia (NVDA.O) plunged 6%, marking its biggest single-day intraday drop in over seven months. (Jinshi)

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