The Chairman of the Texas Blockchain Commission announced that Texas has become the first state to purchase Bitcoin and made an investment of $10 million on November 20th. （CoinDesk）
[JPMorgan Closes ShapeShift Executive's Account and Plans to Close His Personal Account] ShapeShift executive Houston Morgan stated that JPMorgan closed his business account last Friday and informed him that his personal account would be closed this week, citing the reason of 'protecting Chase's financial institution.' Morgan said the entire process was without warning, no request for additional information, and no opportunity for appeal. Previously, Strike CEO Jack Mallers' account was also closed. JPMorgan has not responded to requests for comment.
[SKALE Builds AI-Focused Layer 3 Blockchain on Base] Layer 1 blockchain SKALE has built an AI-focused Layer 3 blockchain based on Layer 2 Base. Project representatives stated that the network, named SKALE on Base, is specifically designed for handling proxy workloads and is particularly suitable for the x402 payment protocol incubated by Coinbase, which is designed for artificial intelligence.
[USDT0 Total Transfer Amount Exceeds $50 Billion] The stablecoin USDT0, issued by Everdawn Labs and pegged to Tether, has reached a cumulative transfer amount of over $50 billion, with more than one-fifth of the amount transferred in the past month. The USDT0 network was launched in January 2025, achieving this milestone just 10 months after going live.
[Trump Says Russia-Ukraine Peace Agreement is 'Very Close to Being Reached'] U.S. President Trump stated that the peace agreement between Ukraine and Russia is 'very close to being reached,' but European leaders remain skeptical. On the 25th, White House Press Secretary Levitt said that there are still some subtle details in the U.S.-proposed peace agreement that need to be resolved. However, these issues are not insurmountable and require further negotiations among Ukraine, Russia, and the United States. Earlier on the 25th, a U.S. official indicated that Ukraine had agreed in principle to the U.S.-proposed peace agreement, though some clauses still need discussion. On the same day, Secretary of Ukraine's National Security and Defense Council, Umerov, stated that the Ukrainian and U.S. delegations had reached a consensus on the core terms of the peace agreement discussed recently in Geneva.
[Trump Assigns Officials to Negotiate Peace Plan with Russia and Ukraine] U.S. President Trump posted on the 'Truth Social' platform, stating that his team has made significant progress on the peace plan to end the Russia-Ukraine conflict. The 28-point peace plan drafted by the U.S. has been largely finalized, with only a few disagreements remaining. Trump has instructed envoy Steve Witkoff to travel to Moscow to negotiate with Russian President Putin, while U.S. Secretary of the Army Dan Driscoll will meet with Ukrainian representatives to discuss related matters. Trump expressed that he looks forward to meeting with Ukrainian President Zelensky and Russian President Putin, but only on the condition that an agreement has been reached or is in its final stages.