Payment giant Klarna will launch its stablecoin on the Tempo blockchain next year

On November 25th, the South Korean Financial Intelligence Unit (FIU) imposed a fine of $25 million on Dunamu, the operator of Upbit, and suspended new customer registrations for three months. The regulatory agency discovered approximately 5.3 million cases of customer verification violations on the exchange and failed to report 15 suspicious transactions. Dunamu is considering appealing, stating that the FIU's previous judgments have been overturned by the court.

On November 25th, based on official figures, the deposit capacity of 250 million USDM on MegaETH was exhausted within less than 2 minutes.

On November 25th, NVIDIA's decline has broadened to 6.3%, reaching a new low since September 17th. Its total market value has dropped to $4.15 trillion, which is $1 trillion less than its all-time high. On October 29th, NVIDIA's stock price reached a high of $212 per share, and at that time, its total market value was as high as $5.15 trillion.

November 25th: The U.S. stock market kept declining. The Nasdaq dropped by 1%.

On November 25th, Newborn Technology Holdings Limited announced that the company's board of directors intends to conduct a Bitcoin purchase plan on a public cryptocurrency exchange platform, with a total amount not exceeding $5 million (approximately HK$39 million) in order to achieve asset diversification. As of the announcement date, the company has completed the purchase of approximately 24.29 bitcoins at an average cost of $82,338 per bitcoin, with a total investment of approximately $2 million (approximately HK$15.6 million). The company stated that it will select the appropriate purchase time based on market performance and prices. Since the purchased transactions account for less than 5% of the total holdings, they do not currently trigger the disclosure requirements of Chapter 14 of the Hong Kong Stock Exchange listing rules. However, the company will make further disclosures if needed.