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JUST IN: 🇺🇸 Senator Cynthia Lummis says FDIC whistleblowers claim the agency is destroying documents related to digital assets.
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JUST IN: 🇺🇸 Senator Cynthia Lummis says FDIC whistleblowers claim the agency is destroying documents related to digital assets.
[Ethereum Block Gas Limit Raised to 60 Million] On November 25, the Ethereum block gas limit was increased from 45 million to 60 million, and the adjustment has automatically taken effect. Ethereum Foundation researcher Toni Wahrstätter stated on the X platform that this adjustment is the result of a year-long effort by the community, aimed at improving the processing capacity of Ethereum's base layer. More than half of the validators signaled their support, reaching the approval threshold under Ethereum's current consensus rules.
[UK Autumn Statement Does Not Increase Crypto Taxes, Global Tax Transparency System to Be Implemented in 2026] UK Chancellor Rachel Reeves did not introduce additional taxes on cryptocurrencies in the Autumn Statement, maintaining the same tax treatment for crypto assets as other asset classes. The UK government is advancing stricter reporting and regulatory measures, including plans to implement the Crypto-Asset Reporting Framework (CARF) global tax transparency system in 2026. Industry professionals welcomed the entrepreneurial support measures but expressed concerns that the UK's tax and regulatory environment might weaken its global competitiveness in the fintech and digital asset sectors, exacerbating the talent outflow in fintech, AI, and Web3 enterprises.
Upbit has revised its losses related to Solana to $30.4 million, of which $1.57 million has been frozen, and the Korea Financial Services Commission will conduct on-site inspections before December 5th. （Cointelegraph）
[An address opens BTC long position after 18 months of dormancy, with approximately $4.39 million in unrealized profit] According to Onchain Lens data, an address opened an 18x leveraged BTC long position after 18 months of dormancy, currently with approximately $4.39 million in unrealized profit. The total value of the position is approximately $56.7 million, with an entry price of $84,306 and a liquidation price of $78,642.
[A Whale Reopens $56.7 Million BTC Long Position After 18 Months] According to Onchain Lens monitoring, a whale has reopened an 18x leveraged BTC long position after 18 months, with a nominal size of $56.7 million. The opening price is $84,306, and the liquidation price is $78,642. The current unrealized profit for this position is approximately $4.39 million.