Publicly traded company Valereum has received a $200 million investment to launch its digital asset treasury strategy

On November 26th, according to Coinglass data, in the past 24 hours, there has been a net outflow of 2416.40 ETH from CEX. The top three CEXs with the largest outflows are as follows: · Binance, with an outflow of 15,900 ETH; · Gemini, with an outflow of 5499.87 ETH; · Gate, with an outflow of 1747.88 ETH. In addition, OKX saw an inflow of 5884.87 ETH and ranked first in the inflow list.

On November 26th, a South Korean court sentenced a man to prison for operating a fake securities trading platform and laundering $4.2 million of illegal proceeds through cryptocurrency. According to the South Korean newspaper Hankook Ilbo, the operator of this fake platform replicated the logo and data of a "well-known" securities firm in an attempt to make the scam seem more legitimate. This case was heard in the criminal division of the Gwangju District Court. Presiding Judge Kim Young-Kyu noted that the platform defrauded a total of 116 victims. Judge Kim ultimately sentenced the man to 8 years in prison. During the court hearing, it was revealed that his accomplice, in his early 40s, helped him launder the investors' $2.9 million into cryptocurrency through company accounts and private wallets to complete the money laundering process. This case highlights the surge in criminal activities in the crypto industry. According to FBI data, reported losses from cryptocurrency investment

On November 26th, the federally chartered crypto bank in the United States, Anchorage Digital, is getting ready to launch a reward program for the holders of USDtb and USDe. It is aiming to avoid violating the U.S. stablecoin-related laws by directly providing income. Anchorage declared that institutions can now hold these two tokens on the platform of Anchorage and earn rewards on idle assets without the need to stake or lock up assets. The rewards are issued by Anchorage Digital Neo Ltd. (a separate entity from Anchorage Digital Bank), which enables Anchorage to operate within the limitations of the GENIUS Act. This Act was passed this year to set up a legal framework for the rapidly expanding stablecoin industry. It prohibits stablecoin issuers from paying interest to users to prevent "unregulated banking business" and is equivalent to prohibiting interest-bearing stablecoins. Anchorage also stated that whether it is the underlying stablecoins or the related rewards, they are saf

On November 26th, as per Forbes, the publicly traded Bitcoin spot ETF witnessed outflows of $3.7 billion during November, exceeding the record of $3.6 billion set in February of this year. Bitcoin, serving as a barometer of the crypto market, has dropped more than 35% from its peak of $126,000 on October 12th and reached a low of $80,000 on November 21st, which is the lowest level since April. The entire crypto market has undergone a sharp decline since October, with the rate of decline approaching that during the FTX crash (2022) period. Ethereum-related ETFs also saw outflows of over $1.6 billion in November. Last week, the total global crypto asset market capitalization fell below $3 trillion for the first time since April.

On November 26th, Coinbase announced that on November 25th (local time), it would officially list Irys (IRYS). If the liquidity conditions were met and the trading area supported trading, the IRYS/USD trading pair would open later that day.

On November 26th, according to Coinglass data, within the past 24 hours, a total net outflow of 5,032.50 BTC has been observed in CEX. The top three CEX outflow amounts are as follows: · Binance, with an outflow of 4,436.29 BTC; · Bybit, with an outflow of 1,168.44 BTC; · OKX, with an outflow of 533.24 BTC. In addition, Bitfinex witnessed an inflow of 1,795.32 BTC, ranking first in the inflow list.