According to reports, Bitcoin mining activities are quietly recovering in China, which currently accounts for about 14% of the global Bitcoin network's computing power. （Cointelegraph）

[Michael Saylor Responds to JPMorgan's $2.8 Billion Outflow Warning] On November 24, Strategy founder Michael Saylor stated in an interview with CoinDesk that JPMorgan's warning about MSTR facing a $2.8 billion outflow is somewhat alarmist, and the actual figure will be much smaller than $2.8 billion. Furthermore, MSTR's market performance has overreacted to this event. In addition, Michael Saylor believes MSCI's decision has no connection with Nasdaq 100 or S&P 500 index allocators.

[Binance Freezes User Assets to Recover Alpha Airdrop Violations] Binance has reportedly initiated recovery actions against improper arbitrage activities in the Alpha airdrop. Multiple user accounts have been frozen, with one account frozen for an amount of 14,457 USDT and showing a debt of 10,525.77 USDT. Binance stated that the users were 'engaging in improper operations on the Alpha platform to unlawfully obtain airdrops.' Binance co-founder He Yi responded, saying, 'Ordinary users are not affected.'

[South Korea's STO Bill Passes Preliminary Review, Token Securities Market May Launch in the First Half of Next Year] On November 24, South Korea's amendments to the Electronic Securities Act and the Capital Markets Act passed the Bill Review Subcommittee of the National Assembly's Political Affairs Committee, laying the foundation for the opening of a token securities circulation market in the first half of next year. The amendments propose incorporating blockchain distributed ledger technology into the electronic registration system, enabling issuers to register and manage token securities based on distributed ledgers, and bringing small-scale over-the-counter trading platforms under regulatory oversight. If the bill is ultimately passed at the National Assembly's plenary session next month, the tokenization and circulation of physical assets such as real estate, artwork, and music copyrights can proceed within a regulatory framework.

[He Yi Confirms Binance's Recovery of Profits from Alpha Airdrop Violations] On November 24, He Yi responded to the community regarding the incident of Binance recovering profits from Alpha airdrop violations, confirming that multiple accounts suspected to belong to studios of Alpha airdrop hunters had been frozen, with assets exceeding $10,000. She also stated that regular users are not affected.