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On-chain analyst Specter stated that there have been frequent claims in the market recently that "the Ethereum Foundation is selling ETH," but there is insufficient evidence regarding the ownership of some related wallets.Specter pointed out an example of a wallet marked as associated with the foundation, noting that although its early fund flows can be traced back to foundation-related addresses, it underwent transfers through multiple independent entities in between. This wallet has participated in DeFi activities such as BAT ICO, Compound, and Maker, with a total of over 3,400 transactions, which aligns more with the characteristics of independent investors who have long participated in ICOs and DeFi, and cannot simply be classified as an Ethereum Foundation wallet based solely on early fund associations.The early ETH allocation may have been compensation for engineers or team members, or it may involve private transactions or over-the-counter purchases by investors. The Ethereum Foundation disclosed in January 2016 that it conducted a private sale of ETH worth approximately $650,000 to individuals and companies, so the related funds may also come from such transactions.Historical transaction associations do not prove that two addresses are held or controlled by the same entity. Directly labeling all wallets that have had financial interactions with foundation addresses as team wallets lacks sufficient basis and may even trigger unnecessary market panic. Reliable wallet ownership judgments should combine on-chain tracking with independent off-chain evidence.

According to Arkham monitoring, Japan's SBI Holdings controls 90% of the cryptocurrency market maker B2C2 Group, which has been continuously selling LINK in batches over the past month, with the recent pace of selling accelerating. Currently, its addresses are almost cleared out, with only about 1,445 LINK remaining, worth approximately $13,000.In addition, during the market downturn, B2C2 Group transferred various altcoins such as BNB, MORPHO, PEPE, and ONDO to OKX, Binance, and Coinbase, suspected of selling off.

According to CoinDesk, data from the options platform Greeks.Live shows that both Bitcoin and Ethereum are currently in the "negative gamma" zone, which means that the routine hedging operations of market makers may amplify price fluctuations. To maintain directional neutrality, market makers typically buy and sell tokens or futures to hedge risks. However, in a negative gamma state, to maintain hedging, they must sell when prices fall and buy when prices rise, thus conforming to and exacerbating market trends.Greeks.Live macro researcher Adam stated that both Bitcoin and Ethereum have entered a deep negative gamma zone. Charts indicate that Bitcoin is in negative gamma within the range of approximately $58,000 to $72,000, and there is a lack of positive gamma buffer below the current price. This hedging behavior could trigger a chain reaction, causing small declines to evolve into large-scale liquidations of perpetual contracts. Adam pointed out that the market may face a fragile order book and momentum-driven price trends before BTC and ETH return to the "gamma flip" level of around $73,000.

The Ethereum community has released a draft for a universal proof verification and batch processing EIP, proposing to enable the LEANSTARK_SCHEME reserved in EIP-8288 and introducing a universal proof verification and sponsored batch proof mechanism.This proposal supports sponsors making unified payments for aggregate nodes containing multiple statements, and also allows members to pay according to their respective submitted statements; any valid subset can be included without the need for re-signing. The draft also includes validator identity, resource boundaries, dependency summaries, and performance benchmark-based activation thresholds.

Boston Federal Reserve President Collins hinted on Friday that tightening monetary policy may be necessary to cool down prices. In a speech focused on the housing market, Collins stated that higher interest rates could limit housing affordability. However, she also added that ensuring price stability in the long run would benefit both the housing market and the overall economy."In the short term, higher interest rates that may be needed to cool the economy and control inflation can sometimes make the costs of buying and building homes higher," Collins stated in her speech, "but in the long run, stable prices can create a predictable economic environment, which is beneficial for the housing market."

On November 12, Gate founder and CEO Dr. Han was invited to speak at the Oxford Union, delivering a keynote speech titled "Start Alone," reflecting on his 13 years of entrepreneurial journey since founding Gate alone in 2013. He shared experiences and thoughts on entrepreneurial resilience, rapid innovation, team building, and opportunities for entrepreneurship in the AI era.Dr. Han stated that the founding of Gate stemmed from his early experiences of losses incurred through trading on online forums. To create a more trustworthy digital asset trading platform, he started his business alone without external venture capital support. Since then, Gate has experienced multiple industry fluctuations and significant business challenges, gradually growing through continuous innovation and adjustments. He emphasized that maintaining a strong long-term belief, quickly seizing new opportunities, and continuously improving innovation and execution efficiency are crucial factors for companies to face challenges and achieve long-term development.Regarding the AI era, Dr. Han proposed the "Boss + AI" model, pointing out that AI can significantly enhance information acquisition, knowledge learning, and daily work efficiency, empowering individual entrepreneurs with stronger execution capabilities. At the same time, he emphasized that "Start Alone" does not mean always going it alone; entrepreneurs must have the courage to take the first step independently while also seeking suitable partners and team members during the development process. Through this keynote speech at the Oxford Union, Dr. Han brought Gate's 13 years of entrepreneurial journey into a broader industry discussion and, drawing from years of personal practice, provided insights and inspiration for a new generation of entrepreneurs.

Former Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Chris Giancarlo stated in an interview with Bitcoin Magazine that the Democratic Party has taken control of both houses of Congress, and the direction of Bitcoin and cryptocurrency regulation will face new challenges. He pointed out that the U.S. Securities and Exchange Commission (SEC) and CFTC have clarified their respective regulatory scopes, and currently, both sides are cooperating smoothly.Giancarlo believes that the upcoming debate over regulatory jurisdiction "is less about good regulation and more about territory." He also mentioned that the progress made by the Depository Trust & Clearing Corporation (DTCC) in tokenized collateral indicates that regardless of how Washington's policies change, Wall Street is moving towards digital network finance.Giancarlo, known as "Crypto Dad" for his long-standing support of the cryptocurrency industry, also discussed topics such as stablecoin regulation, the regulatory status of prediction markets and perpetual contracts, as well as central bank digital currencies in this interview.

According to Jinshi Data, during a telephone interview with CNN on Sunday local time, U.S. President Trump stated that as long as progress is made in negotiations regarding the Iranian nuclear issue and the reopening of the Strait of Hormuz, it is "extremely unlikely" that the U.S. will take military action against Iran again. He reiterated this judgment five times during the approximately 20-minute interview and stated that whether to take military action depends on whether Iran signs a very tough agreement.Trump also mentioned that the U.S. military is prepared for action. He stated that there are three aircraft carriers on standby in the Middle East, one of which has just arrived, and all are in a state of readiness. He also disclosed that power plants and 38 bridges have been listed as potential strike targets, stating that these bridges could be destroyed in about an hour, but he prefers to avoid destroying related infrastructure.Trump further stated that Iran's air defense equipment has been destroyed, and currently, only about 10% of its missile production capacity and about 15% of its drone production capacity remain. He also mentioned that Iran's inflation rate has reached 301% this year and stated that reaching an agreement remains a priority option, suggesting that further military action is most likely unnecessary.

The European Commission decided to establish a dedicated sanctions office during the tenth high-level sanctions measures meeting of the European Union, and to form a cryptocurrency working group within the office, responsible for addressing Russia's use of digital assets to evade sanctions. The working group is expected to operate for 12 months, with support from Ukraine and the United Kingdom.The sanctions office will coordinate member states' implementation of sanctions measures, covering policy design, implementation, enforcement support, and anti-avoidance work. The working group will focus on relevant networks, including the A7A5 digital ruble stablecoin; this stablecoin previously had a trading volume exceeding 100 billion dollars.

Telcoin posted on platform X that the final preparations for the Telcoin Network mainnet are underway, with the mainnet launch scheduled for December, at which time the first batch of validators will be activated.Previously, in October 2025, blockchain-based financial services company Telcoin completed a $25 million Pre-A round of financing.

Last night and this morning, U.S. stocks fell sharply. Wall Street traders mentioned that algorithmic and programmatic selling exacerbated market volatility during this decline. A Goldman Sachs stock trader stated that the pain level of today's market is extremely high. Goldman Sachs trader John Flood pointed out that institutional buying has once again hit a stalemate, and the massive cloud computing positions bought by hedge funds during yesterday's rebound are being rapidly sold off, with no buyers stepping in to take over yet.Several senior traders described the liquidity state at the opening of U.S. stocks as having strong characteristics of liquidation, noting that algorithmic and CTA fund programmatic selling intensified the initial straight drop without buyers. According to Vanda Research, the scale of retail selling in the first 30 minutes of trading on Thursday set a record for the largest single 30-minute sell-off in recent months, approaching the peak during the retail panic exit at the end of July 2024.

The U.S. Department of Justice announced the establishment of the "Superintelligence" Special Task Force (DOJ-SITF), led by Deputy Attorney General Stanley Woodward and Deputy Deputy Attorney General Stephen Weiss, specifically to oversee the misuse of advanced artificial intelligence. The task force's established mission is to ensure that the United States' leading position in the "superintelligence" field is not undermined by criminals, targeting foreign governments and their agents, transnational crime organizations, as well as businesses and individuals using AI to commit fraud and other crimes.Attorney General Todd Blanche stated that the development of "superintelligence" will continue to be driven by American innovators, and the task force will collaborate with SI Force Chairman Jay Clayton to prevent critical AI technologies from being manipulated by domestic and foreign criminals. He noted that the Department of Justice will continue to identify and prosecute individuals who violate the law using superintelligence, including malicious actions targeting American taxpayers, U.S. critical infrastructure, or other national security areas.Weiss stated that the Department of Justice also has the responsibility to enhance regular reporting on superintelligence risks and responses, and to ensure that businesses implement strict internal controls to ensure that relevant technologies "operate as intended." This task force is one of the federal-level initiatives to advance AI regulation; the SEC has included "superintelligence" in its review priorities for 2027, and U.S. banking regulator OCC also released its first AI framework this week. The Department of Justice did not specify the timeline for the task force or disclose how it will coordinate with other agencies.

The Financial Action Task Force (FATF) released a new report titled "Combating the Full Chain of Illegal Fund Flows Related to Scam Hubs," calling on countries to take globally coordinated action to dismantle scam parks and their criminal networks.The report points out that criminals use channels such as cash, virtual assets, and instant payment platforms to launder money, and leverage AI, deep forgery, and automation technologies to scale up their operations. Among these, virtual assets have become the core channel for money laundering; in some cases, scam hubs even have dedicated over-the-counter trading counters for handling virtual asset exchanges and domestic fund transfers.In one case, blockchain analysis revealed that the total amount of funds sent in by victims exceeded $100 million, ultimately flowing into a cluster of virtual asset wallets associated with a particular scam hub.To address this, the FATF proposed six core principles, including focusing on a broader criminal ecosystem, end-to-end disruption of illegal fund flows, enhancing interdepartmental information sharing and cooperation, rapid cross-border action (especially within 24-72 hours after an incident), a victim-centered approach, and continuously adapting to changes in criminal methods.

Binance co-founder He Yi commented on "Binance facing a second battlefield of public opinion after the security incident," stating, "When the storm comes, they believe that cutting down the biggest tree will make them the winner. Fanning the flames will only drive everyone away and reduce confidence in the industry, not just in Binance."Earlier, Binance founder CZ shared a lengthy article and referred to it as "another attack on Binance." According to the article, from October 30 at 05:00 to November 2 at 20:00, within approximately 78 hours, 1,083 accounts published 11,700 hostile posts regarding the theft of Binance's hot wallet, with about 20.93 million exposures, of which 79.6% were replies, and 3,354 posts were deemed false information, categorized into 15 types of rumors.The article suggests that alongside the real security incident, there was a rhythmic and organized narrative operation on X, with themes shifting according to Binance's response points, including internal sabotage, insolvency, a second FTX, reluctance to open withdrawals, a bank run upon opening, and exaggerating net outflows, among others.