Strategy passed the STRC's daily dividend proposal, and Strive issued preferred stock to purchase BTC.

Hackers stole Keystone authentication keys, resulting in the destruction of 18,835 hardware wallets and the leakage of 25,964 customer records.

Binance founder Changpeng Zhao stated that the token asset recovery process appears to have begun. Users pay transaction fees in the cryptocurrency they trade on Binance, thus allowing Binance to naturally accumulate its listed tokens.

European Central Bank (ECB) Governing Council member Machrouf stated that he seriously considered the possibility of raising interest rates this week. While he supports the decision to maintain current interest rates, he is concerned about the current inflation level. Machrouf pointed out that upside risks to inflation exist and vigilance is necessary. He will focus on four areas ahead of the ECB's December meeting: energy shocks, the impact of food, goods, and services prices, wage trends, and the financing environment. (Source: Jinshi Data)

Chainalysis' investigation revealed an automated money laundering pattern in the Binance theft. Attackers used automated methods to initiate thousands of transactions within a short period, causing funds to repeatedly circulate and flow back between multiple addresses. Multiple addresses exhibited a pattern of first receiving 1 TRX and then receiving and transferring funds out. The attackers transferred $500 million in stablecoins to a redemption wallet, which then converted $325 million in stablecoins into $285 million in ETH within 20 minutes. The remaining $175 million was transferred to an intermediary wallet approximately 10 minutes later.

Binance stated that the $3.34 billion shortfall caused by the hack has been covered by its own funds. Some cryptocurrency needs to be purchased through OTC. Prior to the hack, Binance had a surplus of 17,430 Bitcoins, so the actual shortfall was only 1,000 BTC, with no substantial impact. (Bitcoin Archive)