Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

According to monitoring by crypto analytics platform Yu Jin, a trader named "Ma Ji" voluntarily closed all his ETH long positions yesterday afternoon, and transferred his entire account funds to the address he uses for trading mining on the papertrade project. Since May last year, he has been aggressively going long on ETH almost every day. After his positions were liquidated yesterday morning, he recharged his account and reopened ETH long positions, but voluntarily closed all positions and emptied his account yesterday afternoon. Over the past 18 months, he has incurred cumulative losses of approximately $37.46 million.

With US-Iran tensions easing rapidly overnight, Brent crude on-chain recorded a 5.77% 24-hour decline. Per TradingBeats’ monitoring, the largest Brent crude long position on-chain now carries an unrealized loss of $11.62 million. The address opened this crude long position on October 19 at an entry price of $103, once holding an unrealized profit of over $2 million, with a liquidation price of $81.28.

Trump family crypto project WLFI tweeted that WLFI token buybacks will be executed on Aster via a public wallet. The buyback initiative aims to strengthen long-term holders’ participation in governance. Additionally, funds may come from multiple sources, with USD1-related revenue—after deducting partner splits, direct costs, and other obligations—available to support the repurchases. The timing, scale, and execution methods of the buybacks will be determined by factors such as available resources and may be adjusted or terminated at any time.

Richmond Federal Reserve President Tom Barkin signaled in a speech in South Carolina that interest rates still need to be raised, while emphasizing the need for a cautious pace of rate hikes. He delivered the remarks to the Greater Greer Chamber of Commerce that day, and will become a voting member of the Federal Open Market Committee (FOMC) in 2027. Barkin stated that inflation has been above the Fed’s 2% target for nearly six years, with risks to the central bank’s current dual mandate concentrated on the inflation side. Corporate profits are robust, consumers continue to spend, and unemployment has held at 4.5% or lower for a record period. He expects consumer spending will remain resilient through the end of the year; markets broadly anticipate a strong holiday shopping season, but how long this robust consumption momentum can persist remains an open question. Barkin also focused on potential demand shifts driven by the AI boom, noting that if technology underperforms expectations, corporate investment could contract, stock prices would decline, and consumption supported by asset appreciation might also cool.

According to an open letter from Layer 33, an independent validator group on Solana, the organization is urging the Solana Foundation to suspend its weekly phased removal of members from the delegation program until community consultations are finalized. Layer 33 noted that the new rules announced by the foundation on November 6 set a 12-month participation term, require validators to exit the program after securing 300,000 SOL in external staking, and cap participant numbers at 100. The group argues these provisions could squeeze out experienced independent operators and worsen staking concentration. The open letter also recommends granting existing members who participated in the Alpenglow community test at least six months of mainnet delegation support, and disclosing the analytical rationale behind the participant cap and participation term.

Iranian President Masoud Pezeshkian stated that Iran’s Supreme Leader Ayatollah Ali Khamenei has issued directives to end the current "neither war nor peace" status with the United States. Citing Pezeshkian’s remarks that day, Iran said it will conduct dialogue while upholding its own dignity and resolve disputes through equal negotiations. He noted that if Iran’s rights can be guaranteed through dialogue, military force should not be resorted to, but Iran will never submit to power and bullying. Separately on the 9th, Iranian military spokesman Mohammad Akrami-Nia announced that Iran’s armed forces are implementing the Supreme Leader’s recent directives, with future military operations focusing more on rapid response and strike effectiveness, and no longer limited by geographic scope. Iran’s previous military doctrine was based on defense and deterrence, but it is now shifting toward an offensive direction. He added that Iran will not slow down the development of its military capabilities due to changes in U.S. domestic politics, and will continue advancing plans to enhance its deterrence capabilities. (CCTV News)