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[Trinidad and Tobago Passes Crypto Regulation Bill to Address FATF Assessment] The Parliament of Trinidad and Tobago passed the 'Virtual Assets and Virtual Asset Service Providers Bill' with 25 votes in favor and 11 against, establishing a regulatory framework for cryptocurrency activities. The bill aims to meet the anti-money laundering and counter-terrorism financing standards of the Caribbean Financial Action Task Force (FATF) in preparation for the FATF on-site assessment scheduled for March 2026. Before the bill's passage, the opposition accused the government of violating parliamentary procedures by submitting a 48-page document containing over 200 amendments just minutes before the debate. Critics expressed concerns that the bill's stringent measures might stifle innovation, while the government stated that the amendments were based on extensive consultations.
[Bitcoin Long-Term Holders Sold Over 400,000 Coins in October, Price Drops Below $85,000] Economist Peter Schiff warns that Bitcoin long-term holders are transferring assets in large quantities to short-term investors, which may exacerbate the market downturn. In October, whales and long-term holders sold over 400,000 Bitcoins, causing the price to drop below $85,000. Early investor Owen Gunden cashed out approximately $1.3 billion worth of 11,000 Bitcoins, while 'Rich Dad Poor Dad' author Robert Kiyosaki sold all his Bitcoins at a price of $90,000.
[USDC circulation decreased by approximately 1.7 billion in the past 7 days] According to official data, Circle issued approximately 6.3 billion USDC and redeemed approximately 8 billion USDC in the past 7 days as of November 20, resulting in a circulation decrease of about 1.7 billion. Currently, the total circulation of USDC stands at 73.8 billion, with total reserves of approximately $74.1 billion, including approximately $9.2 billion in cash and approximately $64.9 billion in assets held by the Circle Reserve Fund.
[Cardano Experiences Chain Split Due to Old Code Vulnerability, FBI Launches Investigation] On November 23, the Cardano network experienced a temporary chain split caused by a 'malformed' delegated transaction. This transaction exploited an old code vulnerability in the blockchain's underlying software library, leading to discrepancies in how nodes processed the transaction and ultimately triggering the network split. The incident was caused by ADA staking pool operator Homer J, who used AI-generated code to initiate the transaction, and he has admitted responsibility. Staking pool operators are required to download the latest node software to resolve the issue and merge the split chain. Cardano founder Charles Hoskinson described the event as a network attack, and the FBI has launched an investigation. Some community members believe this incident has exposed critical vulnerabilities.
According to AiCoin's real-time on chain monitoring, from 11:17-11:20 (UTC+8) today, the "Calm Open King" continuously added SOL short positions, with a total of 1928 SOL and a value of $250000. As of press time, the value of its SOL short position is as high as $29.27 million, with a floating loss of $670000. Whale Address: 0x9263c1bd29aa87a118242f3fbbba4517037f8cc7a