[Kraken Launches OVERTAKE (TAKE) Spot Trading] On November 19, the cryptocurrency exchange platform Kraken has launched OVERTAKE (TAKE) spot trading.
[Kraken Launches OVERTAKE (TAKE) Spot Trading] On November 19, the cryptocurrency exchange platform Kraken has launched OVERTAKE (TAKE) spot trading.
[Tether Assists Thai Royal Police and U.S. Secret Service in Seizing 12 Million USDT] Tether announced its assistance to the Thai Royal Police and the U.S. Secret Service in an international operation, seizing approximately 12 million USDT (around 400 million Thai Baht) linked to a large-scale fraud network in Southeast Asia. The operation was carried out by the Technology Crime Suppression Division of Thailand's Ministry of Digital Economy and Society, resulting in the arrest of 73 suspects, including 51 Thai nationals and 22 foreigners, and the confiscation of assets worth over 522 million Thai Baht.
On chain monitoring shows that a newly created wallet address (0xB042F1E0DCcE0235bC8740b8F6AAa50cFB82Bd98) has withdrawn 2500 ETH from Binance, with a total value of approximately 7.59 million US dollars, and the flow of funds is not yet clear. (Onchain Lens)
[Binance Will Remove Four Spot Trading Pairs on November 21, 2025] Binance has announced that it will remove and cease trading for the following spot trading pairs at 03:00 (UTC) on November 21, 2025: LA/FDUSD, SAHARA/BNB, SAHARA/FDUSD, and TOWNS/BNB. Additionally, the spot trading bot services for these pairs will be terminated.
[Solomon Labs Raises $100 Million, Suspected Insider Address Profits Over $500,000] Solomon Labs raised $100 million in funding during the final moments of MetaDao's public offering, becoming the second-highest fundraising project on MetaDao, second only to UmbraPrivacy. Previously, the fundraising amount had remained in the range of $3 million to $5 million for several days. Users on Polymarket who predicted Solomon's fundraising amount to fall within ranges of $20 million, $40 million, or $100 million suffered losses. The suspected insider address 'KimballDavies' chose the low-probability 'yes' option, earning a total profit of over $500,000.
[Malaysia's National Power Company Suffers Over $1 Billion Loss Due to Electricity Theft for Cryptocurrency Mining] The Malaysian Ministry of Energy disclosed that between 2020 and August 2025, the state-owned utility company Tenaga Nasional Bhd (stock code: TENA.KL) incurred economic losses of approximately 4.6 billion ringgit (about $1.11 billion) due to illegal electricity usage by cryptocurrency miners. In a written parliamentary reply released on November 18 (UTC+8) by the Ministry of Energy and Natural Resources, it was revealed that 13,827 locations were found to have engaged in illegal electricity usage for cryptocurrency mining during this period. Although Malaysia currently lacks specific regulations governing cryptocurrency mining, the Electricity Supply Act explicitly states that tampering with electricity meters or unauthorized wiring for electricity usage is illegal. The National Power Company has collaborated with the police, communication regulators, and anti-corruption agencies to seize multiple Bitcoin mining machines at the related locations.