BNB Treasury Company Nano Labs Announces Early Redemption of Convertible Bonds to Strengthen Risk Management

On November 12th, as per an official announcement, Bitget has made the announcement of the launch of U-Index-based BEAT perpetual contracts, with the leverage ranging from 1 to 25. The contract trading BOT will also be made available simultaneously.

On November 12th, U.S. Treasury Secretary Benson stated that U.S. President Trump had discussed providing a $2,000 tax rebate to families with an income of less than $100,000, and it was expected that the large-scale rebate would arrive in early 2026. There are several options for distributing the tariff dividend, and the matter of the tariff dividend is currently under discussion with no decision made yet. On November 9th, Trump said, "Anyone who is opposed to tariffs is a fool! Now we are the wealthiest and most respected country in the world. We have an almost zero inflation rate and the stock market has hit a historical high. 401k retirement account balances have also reached an all-time high. With trillions of dollars in income every year, we will soon be able to start paying off the huge $37 trillion debt. Investment in the U.S. has reached a historical high, with factories and businesses emerging like mushrooms after rain. A dividend of at least $2,000 will be paid to everyone

November 12th: Presently, Tang Kriang Kai, a Cambodian Chinese national and a transnational criminal engaged in an illegal blockchain fundraising project, was accompanied by the Thai police to Bangkok Suvarnabhumi Airport and extradited to China. Prior to this, on November 10th, the Office of the Attorney General of Thailand declared that the Appeals Court affirmed the ruling of the first-instance court to extradite Tang Kriang Kai to China for trial regarding his illegal activities such as operating an illegal casino, which violated Chinese law. Tang Kriang Kai's principal crime was to establish and operate 239 illegal gambling websites, with the involved funds amounting to more than 1.263 trillion Thai Baht (approximately RMB 2.77 trillion). He had been engaged in gambling and telecom fraud activities for a long time in Myanmar's Myawaddy KK Special Economic Zone and the "Asia Pacific New City," luring Chinese citizens to participate in illegal transactions through online platforms.

On November 12th, US Treasury Secretary Yellen stated that major tariff-related news would be announced in the coming days.

On November 12th, according to a report by Caixin, Qian Zhimin, the mastermind behind a 60,000 BTC money laundering case, was sentenced to 11 years and 8 months in prison at Southwark Crown Court in the UK on Tuesday. Since Qian Zhimin was remanded in custody on April 23, 2024, and about 18 months have passed, this time will be directly deducted from his total sentence. According to the UK's "automatic release halfway" rule, ordinary offenders with fixed sentences can transition to the community supervision stage after serving half of their sentences. Based on this calculation, it is expected that she will be released in late February 2030. In addition, Qian Zhimin will also be subject to a 5-year Serious Crime Prevention Order (SCPO), which will take effect upon her release. Analysts point out that Qian Zhimin's sentencing marks the end of the criminal aspect of this case, but the real complexity of how to handle the 60,000 bitcoins has just begun.

On November 12th, Morgan Stanley presented an analysis of Tesla's future stock price within 6 to 12 months. It was stated that the key drivers of Tesla's stock price in the upcoming year would involve: xAI Association: The financial and strategic connection between Tesla and Musk's AI startup xAI is of great significance as they share data and software synergies; Full Self-Driving (FSD): Musk claimed that version 14.3 would enable the driver to "send texts while driving," which marks a significant milestone in algorithmic driving; Chip Production: Musk hinted that Tesla might construct its own chip factory to ensure the supply of AI and strengthen vertical integration. AI Network Vision: Tesla has the potential to transform idle vehicles into a distributed AI cloud, forming a vast "cluster" intelligent network. Morgan Stanley mentioned that these developments could serve as potential long-term catalysts for Tesla's valuation and technological leadership. Previously, on November 7