Upbit: Solana related losses corrected to $30.4 million
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Upbit has revised its losses related to Solana to $30.4 million, of which $1.57 million has been frozen, and the Korea Financial Services Commission will conduct on-site inspections before December 5th. （Cointelegraph）
[Aave Founder Says UK Considers DeFi Deposits as 'No Gain No Loss']
Aave founder and CEO Stani.eth stated that the UK’s HM Revenue & Customs (HMRC) has released the consultation results on the taxation of DeFi activities. It indicates that when users deposit assets into Aave, the deposits are not considered a disposal for capital gains tax purposes, adopting a 'No Gain No Loss' (NGNL) approach. This is a significant development for UK DeFi users who use cryptocurrency as collateral to borrow stablecoins. Stani.eth mentioned that the Aave Labs team participated in this consultation and supports this tax treatment, hoping that the relevant changes will be incorporated into UK tax law soon.
According to AiCoin's real-time on chain monitoring, from 20:54-20:55 (UTC+8) today, the "Calm Open King" reduced its ZEC holdings by 181 ZEC, with a value of $9 million.
As of press time, its ZEC multi position value is $1.52 million, with a floating loss of $1.1 million.
Whale Address: 0x9263c1bd29aa87a118242f3fbbba4517037f8cc7a
[California Public Employees' Retirement Fund Holds Approximately $80 Million in MicroStrategy Stock]
The California Public Employees' Retirement Fund holds 448,157 shares of Bitcoin treasury company MicroStrategy (NASDAQ: MSTR) stock, with a position value of approximately $80 million.
[European Central Bank Meeting Minutes: Keeping Rates Unchanged Aligns with Current Uncertainty]
On November 27, the European Central Bank meeting minutes revealed that the inflation outlook assessment remains largely unchanged. Some officials believe the rate-cutting cycle has ended, and the current favorable outlook may persist. The meeting emphasized that the monetary policy stance should avoid fine-tuning in response to mild and temporary inflation fluctuations, making adjustments only when there is a significant deviation from the target in the medium term. Most members agreed that the risks to the inflation outlook are two-sided and that uncertainty has increased, highlighting the importance of waiting for more information.