[Hong Kong Monetary Authority: No association with 'Hong Kong Yunbo Holdings,' has not issued stablecoin licenses] The Hong Kong Monetary Authority (HKMA) has issued a risk alert stating that a platform named 'Hong Kong Yunbo Holdings/Yunbo Holdings 2.0' falsely claims that the HKMA provides on-chain stablecoin framework and other support for the platform. The HKMA declares that it has no connection with this platform, and the platform is not under HKMA regulation. The HKMA has not issued any licenses to stablecoin issuers at this time. The public is advised to remain vigilant and contact the police immediately if they fall victim to fraud.

[Vanguard Group Executive Compares Bitcoin to 'Digital Labubu,' Claims Bitcoin Lacks Long-Term Value] John Ameriks, Global Head of Quantitative Equity at Vanguard Group, compared Bitcoin to a 'Digital Labubu,' pointing out that Bitcoin lacks the cash flow and compounding characteristics required for long-term investment. Ameriks believes there is no evidence yet that blockchain can generate lasting economic value. Vanguard Group, which manages approximately $12 trillion in assets, now allows clients to buy and sell funds holding Bitcoin, Ethereum, XRP, and Solana. Ameriks stated that the permission to trade is based on the established track record of spot Bitcoin ETFs, allowing clients to trade independently, though Vanguard Group does not provide advice. Ameriks added that Bitcoin's history is too short to currently support a clear investment rationale.

[Suspected Polychain Capital Wallet Transfers 4.114 Million PENDLE to FalconX, Potential Loss of $3.25 Million] A suspected institutional address of Polychain Capital accumulated 4.114 million PENDLE at an average price of $2.98 between March and September, with a total cost of approximately $12.26 million. Eight hours ago, the address transferred all the tokens to FalconX. Based on the current price of $2.19, an estimated loss of $3.25 million is expected.

[Armenia Plans to Extend Cryptocurrency Cash Transaction Permits Until July 2026] The Armenian government has approved amendments to the 'Crypto Asset Law' and will submit them to parliament for review, aiming to extend the permit period for cryptocurrency cash transactions by one year. Until July 2026, relevant companies may conduct cash transactions under the conditions that the amount per transaction does not exceed 300,000 drams (approximately $780), and the seller must verify the customer's identity and record all transactions. The Central Bank reserves the right to check compliance at any time.

[A Whale Address Spent 539.6 BNB to Buy 1.65 Million RAVE 8 Hours Ago] A whale address starting with 0x2ee6 spent 539.6 BNB (approximately $476,000) 8 hours ago to purchase 1.65 million RAVE tokens. The current value has reached $950,000, with an unrealized profit exceeding $474,000 and a return rate close to 100%.