Odaily News Huione Pay in Cambodia suddenly announced its suspension of operations until January 5 of next year and launched a deferred payment plan on December 1 due to a short-term large-scale bank run. A large number of users have queued outside its headquarters in Phnom Penh, and signs have been posted in Chinese stating "Deferred Payment Statement". Notably, the U.S. FinCEN has listed Huione Group as a major money laundering risk institution this May, accusing it of providing money laundering channels for North Korean and Southeast Asian transnational scam organizations, involving encryption scams such as "Pig-butchering scams". (Cambodia-China Times)

Gate News bot message, a Bitcoin OG (10/11) executed significant transactions over a 3-hour period. The entity supplied 180,438 ETH (valued at $512.37) into Aave V3 protocol and borrowed $220M USDT. The borrowed USDT was subsequently deposited into centralized exchanges. Following these moves, a ne

According to ChainCatcher news and a report by Forbes, CEX's Spot and derivatives trading volume surged to $9.72 trillion in August, setting an annual record; the annual trading volume of major exchanges reached $80 trillion. The market is showing a dual-track development: CEX attracts institutions and retail investors with high liquidity, compliant frameworks, and user-friendly interfaces; DEX, on the other hand, achieves cross-chain trading and yields through smart contracts, with platforms like Hyperliquid gaining attention due to deep liquidity pools. Both modes have their challenges: CEX faces regulatory risks and single points of failure, while DEX must deal with smart contract vulnerabilities and complex user experiences. The future trend points towards a hybrid model: combining the speed and liquidity of CEX with the autonomy and innovation of DEX. Cross-chain interoperability, atomic swaps, and liquidity aggregators are eliminating ecological fragmentation, paving the way for mainstream adoption.

Jin10 reports that the Euro Stoxx 50 index futures fell by 0.33%, the German DAX index futures fell by 0.47%, the French CAC40 index futures fell by 0.36%, and the UK FTSE 100 index futures fell by 0.16%.

Golden Finance reports that Ripple has obtained approval from the Monetary Authority of Singapore (MAS) to expand its payment business scope under its major payment institution (MPI) license, allowing it to provide end-to-end full-license payment services in Singapore.

PANews, December 1st, according to SoSoValue data, as of the week ending November 28, Bitcoin, Ethereum, and Solana spot ETFs have all shifted from net outflows to net inflows, recording net inflows of $70.05 million, $313 million, and $108 million respectively. ETFs under Fidelity have been the market makers among the three product categories, while BlackRock's ETHA and BSOL also performed well.

According to a report from Jinse Finance and The Information, Google is now promoting its Tensor Processing Units (TPUs) to major clients, including Meta Platforms, for use in their own data centers, which directly undermines Nvidia's core business model.

Odaily News According to Lookonchain monitoring, Circle has just minted another 500 million USDC. The data shows that since the market adjustment on October 11, the two major stablecoin issuers, Tether and Circle, have collectively minted stablecoins worth a total of 18.25 billion USD. Large-scale stablecoin minting is often interpreted by the market as a potential signal of capital inflow or increased purchasing power.

Gate News bot message, a significant crypto whale has shown substantial activity on HyperLiquid platform, depositing $13.12M USDC over a four-day period. The whale utilized these funds to acquire ENA tokens on the spot market. Transaction data reveals that the whale has accumulated 25.56M ENA token

Golden Finance reports that U.S. stocks closed three hours early due to the Thanksgiving holiday, with the three major indexes collectively rising for the fifth consecutive trading day. The Nasdaq rose by 0.65%, the Dow Jones by 0.61%, and the S&P 500 by 0.54%. The Nasdaq has accumulated a rise of 4.91% this week, the Dow Jones 3.18%, and the S&P 500 3.73%. Most tech stocks increased, with Intel closing up 10%, marking the largest single-day gain since September 18; Meta rose over 2%, and AMD, Amazon, Netflix, and Microsoft rose over 1%.

Gate News bot message, significant token unlocks valued at $1.8 billion are scheduled for December 2023. The largest unlocks include SUI at $86.86 million and ASTER at $86.84 million. Following these are ZRO ($33.70M), PUMP ($31.22M), and ENA ($27.66M). Additional notable unlocks include APT ($25.2

According to BlockBeats news on November 28, based on glassnode data, the recent major supply concentration areas for Bitcoin are between $93,000 and $96,000 and between $100,000 and $108,000. It is expected that buyers will encounter a certain level of resistance in these areas in the near future.

The Chicago Mercantile Exchange Group (CME Group) was forced to suspend all trading on its Globex platform due to a failure in the data center cooling system, affecting global stock, commodity, and Crypto Assets markets. CME noted in a statement that the issue stemmed from an abnormality in the cooling system of the CyrusOne data center, and the technical team is working hard to restore the system and will provide updates on pre-market trading as soon as feasible. The impact of this interruption is vast. CyrusOne operates over 55 data centers in the United States, Europe, and Japan, and the failure has led to a halt of all futures and options contracts at CME, including major currency pairs, crude oil, palm oil, and Crypto Assets related products. Multiple traders have described this event as a "nightmare" and have called on social media for CME to compensate for the losses incurred due to the trading freeze during the interruption.

According to ChainCatcher news, as reported by Jin10, the US stock market will be closed on Thursday for Thanksgiving and will reopen on Friday. The major US stock indices are set to end November with a decline in the approximately 3 hours of trading time left this month. As of Wednesday's close, the S&P 500 index has fallen by 0.4%, the Dow Jones by 0.29%, and the Nasdaq by 2.15%. Unless there is a significant rise on Friday, the US stock indices are about to end their winning streak, with the S&P 500 and Dow Jones rising for 6 consecutive months and the Nasdaq for 7 consecutive months.

PANews, November 28 - Goldman Sachs warns of "cracks" in the U.S. labor market. WARN filings related to planned large-scale layoffs have risen to their highest level since 2016 (excluding the pandemic peak); Challenger statistics show that layoff announcements in October are close to recession levels, primarily from technology, industrial goods, and food and beverage sectors. Goldman Sachs states that layoffs combined with low hiring rates make it harder for the unemployed to find reemployment. Initial jobless claims remain low, but they usually lag behind private layoff data by about two months and may rise in winter. Amazon plans to cut about 14,000 corporate jobs this fall. Goldman Sachs indicates that there is currently insufficient evidence to determine AI as a major driver of layoffs.

Gate News bot message, a significant position shift occurred as whale trader 0x0ddf9 executed a complete reversal in their Bitcoin trading strategy. The trader, who previously generated over $10.6M in profits on Hyperliquid, closed their 1,000 BTC ($91M) short position at a $1.6M loss. The original

PANews reported on November 28th that, according to Yonhap News Agency, on the 28th local time, the Chairman of the Financial Services Commission of South Korea, Lee Ik-yeon, stated at the "19th AML Day" commemorative ceremony held at the Financial Intelligence Analysis Institute that the regulatory scope of the "travel rule" known as the "real-name system for Crypto Assets" will be expanded to transactions below 1 million won (approximately 680 USD). He emphasized that there will be a strict crackdown on Money Laundering activities conducted through virtual asset transactions and prohibited virtual asset transactions with overseas exchanges that have a high risk of Money Laundering. In addition, a strict review mechanism will be established to comprehensively review the criminal records, financial status, and social credit of major shareholders of virtual asset operators.

Jin10 reports that there has been an increasing buzz in the market about Google's (GOOG.O) self-developed TPU, raising concerns about its impact on NVIDIA's market share in AI chips. NVIDIA CEO Jen-Hsun Huang stated that the AI market is vast and growing rapidly, with competition occurring daily, and NVIDIA must "run faster." He emphasized that NVIDIA's positioning is "very unique and solid," with a core focus on the high versatility of its GPUs and platform, which can be deployed in major cloud environments and is currently the only system capable of running all AI models. Regardless of customer needs, NVIDIA can provide complete solutions.

Balancer DAO is discussing the allocation of approximately $8 million in recovered assets to affected Liquidity Providers and providing rewards for white hat hackers. This vulnerability resulted in over $110 million in losses and marks Balancer's third major security incident.

Jinse Finance reports that major banks on Wall Street are preparing to achieve new successes in emerging markets, expecting that a weak dollar and the investment boom in the field of artificial intelligence will provide further momentum for this asset class. These favourable factors are expected to drive further rises in emerging markets, with local currency bonds offering investors a return of 7%, the best performance since 2020, and the currency index also rising more than 6%. Morgan Stanley strategists point out that as the US economy slows down, the Fed may further cut interest rates, which will support the continuation of market gains. The bank advises clients to maintain long positions in emerging market local currency bonds, expecting returns to reach around 8% by mid-2026. For emerging market dollar bonds, it forecasts a "high single-digit" rise over the next 12 months.

PANews, November 27, reported that Aave founder Stani Kulechov stated that the UK's HM Revenue and Customs (HMRC) has released the tax consultation results regarding DeFi lending and staking activities, proposing a "No Gain No Loss (NGNL)" tax treatment suggestion, which means that when users deposit crypto assets into protocols like Aave, it is not regarded as a capital gains disposal. If this policy is legislated, it will greatly simplify the reporting burden for users and is seen as a significant victory for DeFi users. The Aave team participated in the consultation process and urged that this policy reflects the economic substance of on-chain interactions.

Foresight News reports that the management and shareholders of OSL Group will personally donate HKD 3 million to support emergency relief and post-disaster reconstruction efforts for the fire at Hong Fu Court in Tai Po, Hong Kong. OSL Group expresses deep sorrow over this major incident, paying heartfelt tribute and condolences to the deceased, extending sincere care and sympathy to the affected residents, and expressing high respect for the frontline firefighters and rescue personnel. OSL Group stated, "We are always ready to provide necessary support and actively participate in community reconstruction efforts together with the citizens and society of Hong Kong, working hand in hand to overcome difficulties."

The price of Zcash (ZEC) has recently rebounded strongly from a key demand zone, becoming the focus of the market once again. Although the overall crypto market is still showing mixed rises and falls, ZEC remains stable near major reaction levels, indicating increased buyer confidence. The technical analysis shows that the Zcash price is accumulating strength within a descending wedge while forming an Adam and Eve bottom formation. The Adam part presents a V-shaped rapid rebound, while the Eve part supports a rounded and stable formation, indicating that buyers are actively intervening during each pullback, leading to an increasingly clear price structure. The main support levels are at 607 USD, 705 USD, and 800 USD, and if the price successfully breaks through these levels, it will open up further upside potential.

Gate News bot message, A significant cryptocurrency transaction occurred over the past 48 hours, where a whale address executed a substantial purchase of SPX tokens. The transaction details show that the whale spent $3.27 million in combined USDC and USDT to acquire 4.68 million SPX tokens at $0.697

PANews, November 27, reported by Cryptopolitan, the latest report from the Bank for International Settlements (BIS) indicates that the total assets of tokenized money market funds have surged from $770 million at the end of 2023 to nearly $9 billion, becoming a key source of collateral in the crypto ecosystem. The agency warns that while such assets have the "flexibility of stablecoins," they also bring substantial operational and liquidity risks. The BIS identifies liquidity mismatch as a major risk of tokenized money market funds. It points out that while investors can redeem tokenized fund shares on a daily basis, the underlying assets still adhere to the traditional T+1 settlement mechanism. During periods of market pressure, concentrated redemption demands will expose this structural risk. Subsequently, the organization noted that the market is still in its early stages of development, and solutions are continuously being improved, such as the distributed ledger repurchase (DLR) launched by financial technology company Broadridge.

Gate News bot message, three crypto whales executed significant long positions on Hyperliquid within a two-hour timeframe. Trader 0x0ddf established multiple positions: a 3x leveraged long position on 311.9 BTC ($27.14M) and a 2x leveraged long position on 5,176 ETH ($15.15M). Trader 0x2c26 opened

Gate News bot message, on November 26, crypto ETF market data shows varying patterns across major cryptocurrencies. Bitcoin ETFs recorded a positive 1-day netflow of +1,915 BTC ($165.78M), while experiencing a 7-day negative netflow of -5,368 BTC (-$464.82M). Ethereum ETFs demonstrated similar mixe

After experiencing a big dump of about 30% from the high point in October, Bitcoin is currently stabilizing around $87,000 after a rebound over five consecutive days, boosting market confidence. However, analysts warn that even with improvements in the macroeconomy and a rise in Wall Street's interest in risk assets, the next significant breakthrough for Bitcoin may have to wait until 2026. Koinly CEO Robin Singh stated that Bitcoin has been struggling to return to the $90,000 mark, but the process is slower than most market participants expected. The market is gradually entering a typical "Christmas hibernation period," with a lower likelihood of explosive volatility before the end of the year.

Gate News bot message, A significant cryptocurrency wallet address 0x7915 has acquired 60,000 AAVE tokens valued at $10.68 million through Galaxy Digital OTC trading desk. Data shows that since October 13, the same wallet has accumulated a total of 338,005 AAVE tokens worth $59.93 million via Galax

Vitalik Buterin calls for privacy to be standardized in response to a major bank data breach, which has caused Ethereum's price prediction to rise due to its association with one of the most important topics in this cycle. Before panic spreads throughout the market, the concept of Privacy Coin is gradually gaining follow, seen as the next important entry point for real-world applications through tokens like Zcash. Vitalik's recent comment that "privacy is not a feature, but a hygiene habit" has once again sparked interest, with Ethereum becoming the focus of discussion this time. This argument stems from the recent data leak incidents involving clients of major U.S. banks such as JPMorgan, Citigroup, and Morgan Stanley.

Gate News Bot message, on November 26, according to CoinMarketCap, as of the time of writing, ICNT (Impossible Cloud Network) is currently priced at $0.25, having risen 21.27% in the last 24 hours, with a high of $0.28 and a low of $0.17. The current market capitalization is approximately $41.5 million, an increase of $7.29 million compared to yesterday. ICNT is currently ranked 499th in the global Crypto Assets market capitalization. Impossible Cloud Network is building the world's largest AI data center network. This network provides users with instant access to high-performance, enterprise-grade, AI-supported infrastructure, covering major global markets such as Europe, the United States, and Asia. ICN is committed to providing bare metal services to customers while also welcoming operators to contribute bare metal resources. ICN

Gate News bot message, a significant trading activity has been observed on HyperLiquid platform. A crypto whale transferred $5.3 million in USDC to HyperLiquid and subsequently established a short position on Bitcoin with 20x leverage.

Gate News bot message, a major cryptocurrency whale has returned to active trading after a three-month period of inactivity. The whale purchased 1,110 ETH for $3.25 million DAI at a price point of $2,933. This transaction follows the whale's previous sale of 15,575 ETH for $66.52 million at $4,270

PANews reported on November 25 that London-listed private equity investment firm Bridgepoint announced the acquisition of a majority stake in digital asset auditing and technology service provider ht.digital for approximately £200 million. HT has over 700 clients, including major global encryption exchanges, asset management companies, and banks, benefiting from the rising demand for institutional allocation to encryption assets.

Gate News bot message, data reveals that perpetual-focused blockchain networks EdgeX and HyperliquidX have surpassed established general-purpose chains in 24-hour fee generation metrics. These platforms exemplify how a single dominant product category drives substantial economic activity across thei

Odaily News InitVerse announced the completion of a strategic financing of 500 BTC led by the Tabula Rasa Foundation. This investment is a conditional trigger options investment (barrier options investment), with the first tranche of 100 BTC already injected into the official public Address (approximately 10 million USD). The official stated that the funds will be tied to project milestones to ensure that the use of funds is consistent with the delivery pace. This injection will focus on supporting the construction of the InitVerse ecosystem project and will conduct a large-scale buyback of 50,000,000 INI of the ecological Token INI. The buyback will cover major exchanges, cooperative institutions, and OTC Trading methods to strengthen market Liquidity and Token value support. The InitVerse Foundation has made all official Addresses public and promises that all fund flows can be traced on-chain, accepting global use.

BlockBeats reported that on November 25, according to CryptoQuant data, the Sharpe ratio of Bitcoin has fallen below 0, reaching its lowest level since the FTX collapse. Additionally, there have been several instances in the chart where the Sharpe ratio dropped to zero or close to zero (in 2019, 2020, and 2022), usually coinciding with the bottoms or significant flips in Bitcoin prices. The Sharpe ratio is a measure of the relationship between investment return and risk, and a Sharpe ratio close to zero usually indicates high price fluctuation but insufficient returns to compensate for the risk, often occurring at market bottoms or during capitulation phases.

ChainCatcher news, the new season of Alpha Arena started on the 20th. As of the time of writing, all 8 participating AI models have been wiped out. GPT-5.1 currently ranks first with a return rate of -7.78%, while Grok 4 is at the bottom with a return rate of -56%. The newly added domestic model Kimi 2 has a reported return rate of -32.8%. This season, models must participate in multiple competitions, each with a different theme. Overall, these competitions serve as stress tests for the models and can reflect their robustness to different prompts. However, in the same competition, all models will receive the same input. This season's competition format involves trading US stock tokens on trade.xyz.

JPMorgan analysts released a report last week stating that MicroStrategy (formerly MicroStrategy) may be removed from major stock indices. The core of this warning is that the Bitcoin held by MicroStrategy currently accounts for over 50% of the company's total assets. The analysts specifically pointed out that the MSCI US Index is reviewing whether companies holding large amounts of Digital Money should remain in traditional stock indices. MicroStrategy holds over 649,000 Bitcoins, making it the largest holder of Bitcoin among companies.

On Monday, the stock prices of digital asset management companies performed strongly, with BitMine Immersion Technologies leading the charge among major Crypto Assets holding companies. The stock soared nearly 20% during the trading session. BitMine's stock price climbed from just under $27 to over $31 at closing. With the price of Ethereum continuing to rise, the gains in after-hours trading remained stable. Since the cryptocurrency market peaked in early October, the stock has dropped by 50%. However, since launching the Ethereum accumulation strategy in late June, BitMine's stock price has still increased by 630%.

According to ChainCatcher news, official news states that the five major tokens under the TRON ecosystem, SUN, NFT, BTT, JST, and WIN, have gathered for the "Battle of the Five Tigers," and the showdown has officially begun. The event will be held from November 24, 2025, to December 3, with a total prize pool of up to 5,000 USDT, including 3,100 USDT team rewards, 800 USDT individual trader bonuses, and 1,100 USDT lucky draw. Participants only need to go through

BlockBeats news, on November 24, The Federal Reserve Board of Governors member Waller stated that since the last Fed meeting, existing data indicates little change, and inflation is not a major concern. January of next year will be challenging, as a lot of data will be released to determine whether another rate cut is necessary, and we need to assess this on a meeting-by-meeting basis. Inflation has risen, but I believe it will start to decline. Personally, I advocate for a rate cut at the December meeting.

Odaily News According to official news, Gate will officially launch the Gate Perp DEX BTC & ETH dual coin yield challenge from 19:00 on November 24 to 19:00 on December 8 (UTC+8), with a total prize pool of 30,000 USDT. Users can participate in the event through three major zones: Perps exclusive rewards for newcomers, BTC & ETH yield challenge, and invitation fighting rewards. During the event, new users who complete BTC/USDT or ETH/USDT perpetual trading and meet the volume requirements for the first time on Gate Perp DEX can win 5 USDT. Entering the yield leaderboard, the highest reward is 3,000 USDT. Inviting friends to participate can also earn up to an additional 120 USDT.

Matt Hougan, the Chief Investment Officer of Bitwise, recently stated that the valuation of digital asset management companies (DAT) is unlikely to maintain levels above the value of the crypto assets they hold. He pointed out that the structural frictions of the DAT model make sustained premiums an exception rather than a common occurrence. Hougan believes that most DATs face inevitable downward pressure from insufficient liquidity, operational costs, and execution risks. He stated that these factors continuously lower the market value of DATs, making it below the value of the Crypto Assets they hold, and only a few uncertainties can drive up the price of each coin.

Gate News Bot news, on November 24, according to CoinMarketCap data, as of the time of writing, HFT (Hashflow) is currently reported at $0.04, with a pump of 17.49% in the last 24 hours, reaching a high of $0.07 and a low of $0.03. The current market capitalization is approximately $27.33 million, an increase of $4.06 million compared to yesterday. Important news about HFT recently: 1️⃣ **HFT has become the new focus of competition in the cryptocurrency market** High-Frequency Trading (HFT) technology is increasingly being applied in the cryptocurrency market, with major exchanges actively utilizing this technology to attract liquidity and boost trading volume. This trend not only helps improve overall market efficiency but also brings more attention to HFT-related projects, making it one of the important factors driving the rise in HFT prices. 2️⃣ **Har

BlockBeats news, on November 24, according to Coinbob's popular address monitoring, since this Friday, the strategies of some popular on-chain addresses have shifted. Among them: "Calm Short Order King": On the 21st, long positions in BTC and SOL recorded an unrealized loss of 8.49 million, and then shifted to short positions. Current holdings: BTC short order of 41.72 million USD, unrealized losses of 1.8 million USD (-172%), liquidation price of 89,700 USD; SOL short order of 30.89 million USD, unrealized losses of 1.45 million USD (-93%), liquidation price of 138 USD. "Ultimate Short": BTC short position size is about 106 million USD, unrealized gains of 2.978 million USD, liquidation price of 92,000 USD, with a large withdrawal of 12 million USD this weekend. "40x Short King": since the 21st, take profit at the low point of BT.

Gate News bot message, Whale wallet GJwCUj has closed their position of 32,195 SOL ($4.18M) after holding and staking for 10 months, resulting in a $2.04M loss. The same whale had previously executed a profitable trade in 2021, purchasing 400,000 SOL ($35.7M) at an average price of $89 and selling

Odaily News Yi Lihua stated in a post on the X platform that he has taken a Full Position when the ETH price was around 2700 USD. The overall Position logic follows three major tracks: the major public chain mainly uses ETH, and allocates BTC/BCH; exchange Tokens are BNB/Aster; and stablecoin Heavy Position is WLFI.

Gate News bot message, a major crypto whale has made a substantial move in the market by depositing $6.5 million USDC into Hyperliquid platform. The transaction occurred after a two-month period. The whale has already allocated $2.37 million to acquire 78,984 HYPE tokens at $30 each. Additionally,