China Accuses U.S. of Stealing 127K BTC in High-Profile Crypto Hack

[U.S. Senators Propose Bill to Transfer Crypto Regulatory Authority to CFTC] On November 11, U.S. Senators John Boozman and Cory Booker introduced a bipartisan bill aiming to transfer cryptocurrency regulatory authority from the Securities and Exchange Commission (SEC) to the Commodity Futures Trading Commission (CFTC). The bill includes provisions to authorize the CFTC to define and regulate digital commodities, establish a registration system for crypto trading platforms, enforce disclosure rules, and impose fees on certain transactions.

[Lido DAO Proposes Implementing Automated LDO Buyback Mechanism in Q1 2026] On November 11, the Lido DAO community proposed deploying an LDO/wstETH position in a Uniswap v2-style liquidity pool to achieve automated buybacks and liquidity management. This LP position will be held by the Aragon Agent, and if the proposal is approved, it is expected to be implemented in the first quarter of 2026. The new mechanism will trigger buybacks when the price of ETH is high and the protocol's annualized revenue exceeds a set threshold, aiming to deepen on-chain liquidity and reduce the circulating supply of LDO.

[Fold Q3 Financial Report: Holding 1,526 Bitcoins, Transaction Volume $235 Million] Nasdaq-listed Bitcoin financial services company Fold Holdings released its Q3 2025 financial report, revealing that its treasury holds 1,526 BTC, valued at approximately $154 million, with a total business transaction volume of $235 million, a year-on-year increase of 43%.

CleanSpark plans to raise $1.15 billion to expand its Bitcoin mining and artificial intelligence data center infrastructure. （Cointelegraph）

[Wintermute: Market Sentiment Improves, Policy and Political Factors May Trigger New Volatility] Wintermute stated that after weeks of intense fluctuations, market sentiment has stabilized. Cryptocurrencies continue to underperform, but the October sell-off has passed. Certain sectors, such as DePIN, L2, and AI-related fields, have seen rebounds, indicating some willingness for market engagement, though breadth remains limited and narratives are unstable. Major tokens need to take the lead; currently, Bitcoin is priced at approximately $10,500, down 16% from its historical high, with rotation yet to be triggered. As the U.S. may reconsider regulatory policies, the next round of market volatility could be driven by policy and political factors.