[MegaETH Pre-Save Event Fails Due to Technical Issues, Fundraising Cap Frozen at $500 Million] The MegaETH pre-save event failed to proceed as planned due to technical issues, with the fundraising cap ultimately frozen at $500 million, abandoning the original goal of expanding to $1 billion. The team stated on the X platform that the failure was caused by a KYC system configuration error and rate limit issues. Additionally, a Safe multisig transaction prepared for subsequent increases was accidentally executed prematurely, leading to new deposits exceeding the original $250 million cap. The team noted that some allocations were obtained by users who continuously refreshed the page and coincidentally accessed the system during random openings. MegaETH has promised to release a retrospective plan and withdrawal options soon, reaffirming the safety of user assets while acknowledging that operations did not meet expected standards.

[U.S. Treasury Secretary Besent Criticizes the Complexity of the Federal Reserve's Interest Rate Management Mechanism] On November 26, U.S. Treasury Secretary Besent stated that the Federal Reserve's interest rate management mechanism is overly complex and suggested simplifying it. He noted that the Federal Reserve's current ample reserves system appears to be loosening but did not specify the meaning of 'loosening.' Besent has long been critical of the Federal Reserve, particularly expressing concern over its massive balance sheet, which he believes could distort market pricing. He also questioned the Federal Reserve's reliance on liquidity tools in its complex interest rate management approach, advocating for a return to the highly managed system prior to the financial crisis.

Currently, over 2000 merchants using Square services have registered and supported Bitcoin payments. （The Bitcoin Historian）

Binance SOL/USDT is currently trading at $139.87, with a 5-minute increase of 0.58%. Please be aware of market fluctuations.

[Robinhood Plans to Launch Futures and Derivatives Exchange Operations in 2026] Robinhood announced that the futures and derivatives exchange is expected to begin operations in 2026.