[Bank for International Settlements: Tokenized Money Market Fund Reaches $9 Billion] The Bank for International Settlements (BIS) report shows that the total assets of tokenized money market funds have grown from $770 million at the end of 2023 to nearly $9 billion, becoming an important source of collateral in the crypto ecosystem. BIS pointed out that while these assets possess the 'flexibility of stablecoins,' they face significant operational and liquidity risks, particularly issues related to liquidity mismatches. Investors can redeem tokenized fund shares daily, but the underlying assets still follow the traditional T+1 settlement mechanism, and concentrated redemption demands may expose structural risks under market pressure. The report mentions that Broadridge's Distributed Ledger Repo (DLR) system provides a tokenized treasury transfer solution with same-day settlement.
[Binance Alpha to Launch GUA Airdrop, Requires Minimum of 256 Points to Claim] Binance Alpha will launch SUPERFORTUNE (GUA) on November 27, 2025, at 16:00 (UTC+8). After trading begins, users holding at least 256 Binance Alpha points can claim 750 GUA tokens in the airdrop, following a first-come, first-served rule. If the event is not concluded, the points threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop will consume 15 Binance Alpha points, and users must confirm their claim on the Alpha event page within 24 hours; otherwise, it will be considered forfeited.
Bitcoin has recovered from the $90000 mark in the short term, and market sentiment has marginally rebounded. During the same period, the crypto panic and greed index rebounded to 22, a significant increase from the previous value of 15. The "extreme panic" sentiment has eased, and the overall market is still in a period of volatile recovery.
[Bithumb Suspends Withdrawal Transfers to Upbit Platform] On November 27, South Korea's second-largest crypto exchange platform, Bithumb, announced that it would suspend virtual asset withdrawal transfers to the Upbit trading platform. The resumption time will be announced separately.
[Binance Alpha Platform Launches Alt.town (TOWN)] Binance Alpha Platform has launched Alt.town (TOWN).