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The meme trading platform XXYY has decided to orderly shut down the website. From now until November 30, the platform will retain normal trading and rebate withdrawal functions, and users must complete rebate withdrawals during this period.Starting from December 1, XXYY will stop trading and rebate withdrawals, and the website will only retain the private key export function. The private key export function will be available until January 31, 2027, after which it will no longer be possible to export the private key. The platform has been operating for two years since its launch in November 2024.

Chinese Foreign Ministry spokesperson Guo Jiakun responded to related questions at a regular press conference. A reporter from Agence France-Presse asked about NVIDIA CEO Jensen Huang admitting to an extramarital affair with a woman on Sunday, and that NVIDIA has launched an investigation; previously, U.S. officials referred to the woman as working for a Chinese intelligence agency and inquired whether the Foreign Ministry could respond, and whether this matter would affect the upcoming meeting between the Chinese and U.S. heads of state in Shenzhen next week.Guo Jiakun stated that the Chinese side had previously responded to this, and the so-called claims of Chinese spies are purely baseless and defamatory. A foreign media reporter followed up, asking if this meant the Chinese Foreign Ministry denied reports of the woman working for a Chinese intelligence agency. Guo Jiakun reiterated that the so-called claims of Chinese spies are purely baseless and defamatory.

According to a report by the Korean News Agency, the administrative department of the South Korean National Court has established a cryptocurrency enforcement procedure. The revised "Civil Execution Rules" have been implemented since November 1, officially clarifying the seizure and liquidation procedures for virtual assets (such as Bitcoin).Previously, due to the lack of physical form of virtual assets, enforcement relied heavily on the regulations regarding "other property rights." With the surge in related cases, the court has specifically formulated enforcement rules for two scenarios: custodianship by exchanges and personal wallets, covering various liquidation methods such as seizure, transfer orders, and entrusting exchanges to sell.

Bernstein stated that the recent personal relationship-related allegations faced by NVIDIA CEO Jensen Huang are unlikely to directly impact the demand for the company's AI chips, but they may increase regulatory and political pressure. This incident could, at the very least, severely distract management's attention, and at worst, provide a reason for bipartisan lawmakers in the United States to intensify scrutiny of NVIDIA.Additionally, the firm warned that NVIDIA faces key person risk. Jensen Huang has long dominated the company's strategy and major operational decisions, reportedly overseeing about 60 direct reports, and the company's management system heavily relies on his personal leadership. It is currently unclear who could succeed him if he is unable to continue in his role. Despite these risks, Bernstein maintains its outperform rating on NVIDIA with a target price of $400.

The Ethereum spot ETF in the United States saw a net outflow of $365.3 million last week, marking six consecutive weeks of net outflows; some large addresses bought or withdrew ETH during the same period.

ARK Invest founder, Cathie Wood, criticized Anthropic CEO Dario Amodei in her monthly market outlook, stating that he has created negative headlines about AI risks and mass unemployment, including "a 10% chance of human extinction in the next decade, mass unemployment, and so on."Cathie Wood stated, "I don't understand why he would say these things. We don't believe any of these statements are true. In fact, we believe we will face a labor shortage."

The California Department of Financial Protection and Innovation (DFPI) has ordered cryptocurrency ATM operator Coinflip to compensate local scam victims over $4.8 million and to pay over $350,000 in illegally collected excess fees to regulators. The order involves approximately 500 devices operated by Coinflip in California and requires them to cease illegal activities.The investigation found that since 2021, Coinflip has failed to adequately identify users and has not effectively detected, prevented, reported, or mitigated suspicious activities. Relevant transactions also exceeded California's daily customer limit of $1,000, and there were issues such as failure to provide written disclosures before purchases and incomplete receipt information. DFPI stated that scammers impersonate trusted institutions, falsely claiming that there are problems with accounts or computers, and induce victims to withdraw cash and transfer funds through nearby ATMs; the cryptocurrency purchased by victims by scanning QR codes is transferred to the scammers' wallets. Regulators pointed out that the elderly are particularly vulnerable to such scams.

The on-chain gold and foreign exchange trading platform XStable has launched the CP points program, allowing users to earn CP by trading eligible markets such as gold, silver, foreign exchange, and crypto assets, and participate in a 20% dividend of the platform's revenue for each period based on effective point weight. Newly added CP in the current period enjoys a 2x dividend weight. The official website has also launched the first "Original Shareholder" activity identity and previewed the upcoming CP blind box.It is reported that XStable previously disclosed investments from institutions such as YZi Labs, Sui Foundation, Taisu Ventures, CatcherVC, and received support from Solana, Amber Group, KuCoin Ventures, Singchain, accumulating millions of dollars in financing and exceeding ten billion dollars in total trading volume.

According to The Block, when asked about the allegations of conflicts of interest involving himself and his family's businesses, including cryptocurrency operations, U.S. President Trump stated, "Every president has their own issues."When pointed out that no previous U.S. president has owned a cryptocurrency company, Trump responded that past presidents also held significant assets like oil and believed that cryptocurrency is essentially similar to traditional business assets. He also stated that just because he is president, he cannot require his sons to stop running their businesses during his four-year term.

The Ethereum forum released a draft for "Versioned Opcodes for Gas Repricing." The draft proposes achieving Gas repricing through versioned opcodes while maintaining backward compatibility. Newly deployed contracts must use V2 opcodes and follow the Gas scheduling tables of EIP-8037 and EIP-8038, while existing contracts will continue to use the old scheduling table.The V2 opcode set does not include Gas introspection-related opcodes such as GAS and GASLIMIT; if included, the deployment will revert. The draft also introduces DELEGATECALL_V2, which behaves similarly to DELEGATECALL but requires the target contract's code_version to be greater than or equal to 2, otherwise it fails immediately. This design aims to allow future adjustments to Gas costs without disrupting already deployed contracts.

The Solana perpetual contract platform Percolator will initiate a $250,000 financing through MetaDAO's Backable and create a new token PERC. The original PERCOLATOR token will not be migrated and cannot be exchanged or claimed for PERC; holders in the snapshot on November 7 can participate in the reserved $50,000 financing quota but must contribute at the same price as other participants.Percolator stated that PERCOLATOR was issued by others through pump.fun, and later taken over by David in a community takeover. Approximately 1 billion tokens have been circulating in the market since launch, and the team has no locked or sellable token allocation. This financing will not be completed if the $250,000 target is not reached; 80% of the raised funds will go into the treasury, and 20% will be used for PERC liquidity. The 10 million PERC obtained by the team will be locked for at least 18 months. PERC does not represent company equity.

On November 8, Tencent's AI product WorkBuddy released a statement and compensation announcement regarding the DeepSeek-V4.1 Flash discount event. On September 10, WorkBuddy launched DeepSeek-V4.1 Flash and simultaneously started a two-week 50% discount points experience event, which was originally scheduled to end on September 24. Subsequently, WorkBuddy extended the discount until November 5 and restored the original price starting from 14:00 on November 5. Due to the delay in announcing this adjustment to users, WorkBuddy expressed its apologies for the inconvenience caused.WorkBuddy has decided that for accounts that used DeepSeek-V4.1 Flash from 14:00 on November 5 to 23:59 on November 8, all points consumed during this period will be settled at the original price with a 50% discount. The difference, which is 50% of the total points actually consumed, will be fully refunded. No application is required for the refund, as it will be automatically calculated by the system and is expected to be credited within 7 working days.

In response to Vitalik's suggestion that Ethereum should prioritize strengthening its positioning as a value storage, DeFi researcher Ignas published a statement claiming that ETH may be more suitable as a value storage asset than BTC and ZEC. The advantages he mentioned include native staking rewards, privacy features in the roadmap, and potential deflation achieved through transaction fee burning.Ignas also stated that using BTC or ZEC as collateral to obtain loans typically requires reliance on wrapped assets or trust in banks and centralized exchanges, while ETH can achieve native collateralization and asset exchange on the same chain. He also expressed hope that Vitalik would shift towards the value storage positioning, not because he believes that Ethereum L1 will never generate enough transaction fee revenue to drive ETH deflation; scaling will reduce transaction costs, but the key still lies in whether market demand can grow in sync and whether the Ethereum community can drive demand enhancement.

According to the market information platform Liquid247.xyz, the current price of ETH is $2,138.42. The largest order book is on Coinbase with a buy order of $14.5812 million and a sell order of $8.2635 million, resulting in a buy order surplus of $6.3177 million.The buy orders on Binance are also thicker than the sell orders, but the scale is smaller than that of Coinbase. If a large buy or sell order suddenly appears, the exchange with a thinner order book will be affected first, leading to more noticeable price fluctuations.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 6.926 billion USD, with long positions totaling 3.185 billion USD, accounting for 45.99% of the holdings, and short positions totaling 3.74 billion USD, accounting for 54.01%. The profit and loss for long positions is -93.039 million USD, while the profit and loss for short positions is 17.9 million USD.Among them, the whale address 0x5b5d..60 has shorted BTC with a 5x leverage at a price of 76,390.2 USD, currently showing an unrealized profit and loss of 2.9084 million USD.

According to Ember Monitoring, a giant whale/institution transferred 512,000 HYPE (worth $39.3 million) from staking redemption to the institutional trading platform FalconX 6 hours ago.These HYPE were accumulated a year ago at a price of about $44.8, and selling them would realize a profit of $16.36 million.

Japan has stated that it intervened in the foreign exchange market three times this summer to support the yen, including a joint action with the United States. Data released by the Japanese Ministry of Finance shows that on July 30, the amount of yen purchased reached 7.98 trillion yen (approximately 50.4 billion USD), followed by purchases of 5.55 trillion yen and 1.87 trillion yen in the following days.

According to Politico, platforms including the prediction market platforms Kalshi and Polymarket may face stricter regulations after the Democrats won the midterm elections.Politico stated that during Trump's term, regulators had a relatively lenient attitude towards prediction markets, which facilitated their rapid expansion in areas such as politics, sports, and stocks. Several Democratic lawmakers, including Oregon Senator Jeff Merkley, criticized such markets for allowing betting on sensitive events like elections, wars, and assassinations, and called for stronger legislative constraints.