[Sierra Leone Partners with Sign to Develop Blockchain-Based Digital ID and Stablecoin Payment Infrastructure] Salima Monorma Bah, representing Sierra Leone's Ministry of Communication, Technology, and Innovation (MoCTTI), signed a Memorandum of Understanding (MoU) with Sign CEO Xin Yan to jointly advance the development of blockchain-based digital ID and stablecoin payment infrastructure. This partnership has launched Sierra Leone's National Blockchain Initiative, aiming to provide citizens, businesses, and the government with verifiable digital identities and low-cost domestic payment solutions. The two parties also plan to establish a crypto-friendly legislative framework and promote blockchain and AI-driven technological growth through Felei Tech City, covering digital payment systems, asset tokenization technologies, and related policy design.
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More >The Bank of England proposes to limit the holdings of stablecoins by individuals and businesses
The Bank of England proposes to set the upper limit of personal stablecoin holdings at £ 20000 and the upper limit of corporate holdings at £ 10 million. （Cointelegraph）
加密货币热潮降温，Strategy市值接近腰斩
[Cryptocurrency Boom Cools Down, Strategy Market Cap Nearly Halved] The cryptocurrency boom has cooled rapidly, and the leveraged nature of treasury stocks has amplified losses, causing Strategy's market cap to nearly halve. A well-known short seller has closed positions and exited, while some investors are choosing to buy the dip.
福利中心闪兑挑战每日打卡，瓜分20万USDT
[Welfare Center Flash Exchange Challenge Daily Check-In, Share 200,000 USDT] The Welfare Center has launched a Flash Exchange Challenge event. Users can participate in sharing a 200,000 USDT reward by checking in daily.
Gate宣布Baby Shark (BSU)更名为Baby Shark (BABYSHARK)
[Gate Announces Baby Shark (BSU) Renamed to Baby Shark (BABYSHARK)] Gate has issued an announcement that Baby Shark (BSU) has been renamed to Baby Shark (BABYSHARK).
Hyperliquid上ZEC最大多头单周浮盈超700万美元
[The Largest ZEC Long Position on Hyperliquid Gains Over $7 Million in a Week] On November 10, Coinbob monitoring revealed that the 'largest ZEC long' whale on Hyperliquid, starting with a principal of $2.21 million on November 3, has been actively building ZEC long positions in the $497–$499 and $597–$595 price ranges. The total account value has now exceeded $10.5 million, making it the largest ZEC contract long position on Hyperliquid. Each time this whale intensively opened positions, the price of ZEC saw a significant surge within 24 hours. From November 9 to 10, the whale partially closed positions to take profit on 5,000–15,000 ZEC, and currently still holds a long position of 55,000 ZEC with 5x leverage, at an average entry price of approximately $555.4. Over the weekend, about $500,000 in reserve funds were transferred to its on-chain address but have not yet been deployed.