[Cloudflare Outage Caused by Configuration Error, Not Cyberattack] An analysis report released by Cloudflare shows that the large-scale outage on November 18 was caused by an erroneous configuration file generated after database permission adjustments, leading to anomalies in the core proxy system. This impacted multiple products, including CDN, security services, Workers KV, Turnstile, and Access. The team initially misjudged the issue as a DDoS attack but eventually resolved it by rolling back to the previous configuration file. All services were restored to normal at 01:06 AM (UTC+8) on November 19. Cloudflare stated that it will accelerate system resilience upgrades to prevent similar incidents in the future.

[10x Research: Bitcoin Bear Market Volatility May Breed Strategic Opportunities] 10x Research pointed out in its latest report that although the sentiment of 'Bitcoin entering a bear market' is growing stronger, many traders still maintain long positions and are under pressure from the decline. The report mentions that the market is once again referencing the old cycle logic of 'three years of growth, one year of decline,' but the key lies in whether a 'crowded consensus expectation' forms, thereby creating opportunities for contrarian strategies. 10x Research stated that Bitcoin is currently testing its long-term upward trendline, which in previous years has consistently marked critical bottoms whenever touched. This could represent a short-term or strategic-level turning point. Bear market volatility is intense and operationally challenging, but it may also foster strategic opportunities.

[SharpLink Transfers 5,442 ETH to Galaxy Digital] Crypto analyst Ember @EmberCN monitored that the SharpLink address transferred 5,442 ETH to Galaxy Digital's OTC wallet 4 hours ago, valued at approximately $17.02 million at the current price. SharpLink, as an Ethereum treasury company, holds approximately 861,000 ETH in total, with an average acquisition cost of around $3,609 per ETH. Currently, the unrealized loss on the books is approximately $430 million.

[The People's Bank of China Conducts 7-Day Reverse Repo Operation of 310.5 Billion Yuan] The People's Bank of China conducted a 7-day reverse repo operation of 310.5 billion yuan today, with both the bid amount and the winning bid amount at 310.5 billion yuan. The operation rate was 1.40%, unchanged from the previous level. According to iFinD data from Tonghuashun, 195.5 billion yuan of 7-day reverse repos matured today.

[Coinbase Adds World Mobile Token to Listing Roadmap] On November 19, Coinbase announced the addition of World Mobile Token (WMTX) to its listing roadmap.