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Dunamu's Vice Chairman Kim Hyung-nyun stated at the Seoul Digital Asset Policy Conference that the stock tokens of South Korea's representative companies, Samsung Electronics and SK Hynix, can only be traded overseas. This situation is distressing. He also officially announced that Dunamu has completed the technical preparations for stock tokenization, and relevant services can be launched at any time once the regulatory system allows.In addition, the conference also discussed the legislative process of the "Basic Law on Digital Assets." South Korea's Democratic Party member Min Byung-deok advocated that the bill should be passed in the current regular National Assembly, no later than January 18 of next year. South Korea's People Power Party member Park Soo-min stated that legislation should not be rushed and called for a comprehensive allowance for institutions and legal entities to invest in crypto assets.

According to on-chain analyst Yu Jin's monitoring, Arthur Hayes transferred a total of 3 million USDC to the OTC trading platforms Flowdesk and Galaxy Digital about 10 minutes ago.Half a month ago, Hayes had liquidated various altcoins worth at least 49.25 million dollars and stated that he planned to wait for further price declines before buying again. Since then, the prices of the tokens he previously sold have dropped by about 15% to 30%. This recent transfer of USDC has sparked market speculation about his possible preparations to buy back in, but the specific use of the funds and buying plans have not yet been confirmed.

According to Cointelegraph, Paraguay's digital bank Ueno was taken over by the central bank on November 3, leaving nearly 3 million customers (about 60% of the country's adults) unable to access their accounts.The central bank stated that its solvency ratio fell below half of the statutory minimum requirement, with investigations revealing suspicious loan operations and accounting deficiencies in credit documents. The incident triggered a political crisis, with thousands taking to the streets to protest, and President Santiago Peña attempted to resign before being impeached, later arrested on charges of breach of trust and abuse of power for personal gain.The local P2P crypto market immediately reflected the turmoil, with some sellers marking up USDt by as much as 13%; the local currency, Guarani, fell 12.3% within a week, leading some citizens to turn to stablecoins for value preservation or to maintain payments.David Eisenmann, founder of the Paraguayan crypto exchange X4T, stated that the takeover occurred just as salaries, rents, and vendor invoices were due at the beginning of the month, leaving many business owners unable to pay wages. As of November 9, the central bank reported that 93.1% of Ueno's deposit customers had been compensated.

According to Tether's official announcement, Tether AI Research has released the open-weight model QVAC BotPsy, which has 800 million parameters and is based on the Alibaba Qwen3.5 architecture, aimed at tool invocation and agent tasks on personal devices.Tether stated that in four evaluations: BFCL v4, ACEBench, τ-bench, and ToolSandbox, BotPsy's scores are approximately twice that of its base model and surpass the 2 billion parameter Qwen3.5-2B-Think. The model can convert user requests into local tool calls, and developers can adapt and deploy its weights within their own systems.

On November 10, the TRON ECO × BBW 2026 Thanksgiving Parade officially kicked off at its first stop, with five major projects: JUST, SUN, BitTorrent, WINkLink, and AINFT jointly offering 30 Binance Blockchain Week tickets and 5 ecological peripherals. From November 10 to 15, users can follow @DeFi_JUST, @OfficialSUNio, @BitTorrent, @WinkLink_Oracle, @AINFTcom, retweet the event tweet, and send the specified text in the comments, tag 3 friends, and use #TRONEcoBBW to participate.Participants must confirm their ability to attend BBW in Bangkok on November 28-29; winners must confirm within 48 hours after the list is announced, purchase their own tickets, and submit proof by November 19. After TRON ECO reviews and approves, the ticket costs that meet the requirements will be fully reimbursed according to the event rules. The first stop of the parade has set sail, and eligible users are welcome to participate and join us at the BBW venue in Bangkok.

The crypto platform Walt announced the launch of an independent application, expanding its business beyond Telegram after operating as Wallet in Telegram for nearly five years. Walt was renamed from Wallet in Telegram on September 28, stating that the product has exceeded the initial wallet functionality. The new application provides users with an independent entry for trading and investing, while the original Telegram product can still be accessed using the same account. Existing users can log in with their Telegram accounts, and new users can register via Telegram, Google, or Apple.According to its official website, Walt offers over 200 cryptocurrencies, more than 100 tokenized U.S. stocks and ETFs, as well as perpetual contracts linked to cryptocurrencies, metals, and energy, and provides yield products on assets such as stablecoins, Gram, Solana, Ethereum, and Tron. Walt users can transfer cryptocurrencies to other Telegram users for free; on-chain transfers to external wallets require payment of standard blockchain network fees and service charges, for example, sending any amount of USDT on the TON network requires a fee of 1 USDT.Walt CEO Andrew Rogozov stated that Walt initially started as a simple bot for purchasing cryptocurrencies, but has now evolved into a complete investment platform used by tens of millions, having previously built crypto products within Telegram and now opening up to everyone. Prior to the release of this independent application, Walt launched AI-assisted perpetual contract trading through Mira, ChatGPT, and Claude on October 20, which can read real-time perpetual contract prices, analyze positions and risk exposure, and open and close positions. Order execution is set to default to closed, and the agents cannot withdraw or transfer funds.

Modular data center company Mavria has raised a total of $130 million in Pre-Seed and Seed rounds. The latest round of financing has valued Mavria at $1 billion, led by Paradigm, with participation from AMP PBC, Liquid 2, Critical Frontier, and Dream Ventures.Mavria is dedicated to building an industrial platform that supports AI in the United States. Its first product, Terrain, is a factory-built data center platform designed to bring computing power online faster while reducing delivery costs and uncertainties. Currently, Terrain 01 has begun production in Houston. The funds will be used to secure the supply chain, expand manufacturing scale, and grow the team.

On November 9, TRON ECO announced that the "TRON ECO × BBW 2026 Thanksgiving Parade" is about to set sail, with six major events taking place consecutively starting from November 10: from November 10 to 15, free BBW tickets will be distributed; from November 16 to 20, a DeFi yield and GasFree benefits will be launched in collaboration with Binance Wallet. The GasFree benefit allows for fee-free transfers of TRON USDT via Binance Wallet, valid until December 22, coinciding with the ongoing TRON DeFi Summer S3.From November 21 to 25, there will be an exploration of ecological buyback and destruction with limited gifts to win; from November 26 to December 1, a Thanksgiving wish activity will be initiated; on November 28, a private night for KOLs will be held in Bangkok, and from November 28 to 29, benefits will be distributed on-site at BBW Bangkok. The parade connects ecological segments such as DeFi, stablecoin payments, decentralized networks, oracle services, and AI, continuing all the way to Bangkok Blockchain Week. The first stop will set sail on November 10, with subsequent stops to follow.

The founder of the decentralized lending protocol Aave, Stani Kulechov, stated that Bitcoin is now more important than ever, and one can see this by looking at Paraguay today.According to a report by Reuters, after the Paraguayan digital bank Ueno was taken over by the central bank, a large number of depositors were unable to withdraw their deposits, leading to public protests demanding the return of funds, expedited compensation, and accountability. The affected group includes retirees who receive pensions through the bank.

The Macro Paper account published on platform X, stating that according to the data compiled by the company, the seven tech giants in the US stock market (Alphabet, Nvidia, Meta, Tesla, Amazon, Microsoft, Apple) have invested approximately 766 billion dollars this year, corresponding to a total market value evaporation of about 4.85 trillion dollars since the peak in 2026, which translates to approximately 6.33 dollars in market value evaporated for every 1 dollar invested.Breaking it down, Alphabet invested about 200 billion dollars, with a market value evaporation of approximately 1.62 trillion dollars; Nvidia invested about 7.4 billion dollars, with a market value evaporation of approximately 1.49 trillion dollars; Meta invested about 140 billion dollars, with a market value evaporation of approximately 501 billion dollars; Tesla invested about 20 billion dollars, with a market value evaporation of approximately 475 billion dollars; Amazon invested about 220 billion dollars, with a market value evaporation of approximately 378 billion dollars; Microsoft invested about 170 billion dollars, with a market value evaporation of approximately 197 billion dollars; Apple invested about 9 billion dollars, with a market value evaporation of approximately 194 billion dollars.Editor's note: The above investment criteria and market value drawdown starting point are as stated by the account, and independent third-party comparison criteria have not yet been disclosed.

Jeff Park, a partner at ParaFi Capital and an advisor to Bitwise and Solana, stated that the artificial intelligence company Anthropic is facing failure due to extreme asset-liability mismatches in its business model, requiring substantial equity support to maintain credit and cover massive non-cancelable computing power commitments.Jeff Park cited the example of the "confidence game" in the cryptocurrency market, pointing out that if the company's stock price does not rise significantly after its IPO, it will fall into a death spiral. He believes the best outcome is for the company to fail and be acquired, or for the U.S. government to collaborate with sovereign funds from the UAE, Saudi Arabia, and others for an international bailout to restore market confidence.

According to Bloomberg, drone delivery company Zipline has completed a new round of financing of $1.5 billion, with a post-money valuation of $21.5 billion, approximately 2.8 times the valuation of $7.6 billion in January of this year. This round was led by Paradigm, WCM Investment Management, and Layer Global, with participation from Valor Equity Partners, Fidelity Management & Research Company, Uber, Tiger Global, JPMorgan Chase, ARK Invest, Salesforce Ventures, and others. The funds will be used for domestic manufacturing and hiring in the United States.In addition, Walmart has signed a national multi-year agreement with Zipline to add 300 new drone delivery sites.

Paraguayan President Santiago Peña announced his resignation on Thursday due to a political crisis triggered by the collapse of digital bank Ueno Bank. In a video posted on the X platform, Peña stated that his resignation was to maintain national stability, social peace, and democratic institutions, with his primary task being to protect the Paraguayan people who entrusted their savings to the financial system.The Central Bank of Paraguay announced on Tuesday the initiation of liquidation procedures for Ueno Bank after discovering that its solvency ratio had fallen below half of the regulatory minimum requirement. Peña is facing political scrutiny due to his previous business ties with Grupo Vázquez, the holding company of Ueno Bank; according to the Associated Press, he remained a business partner of the group until March 2025. Peña denied any wrongdoing, stating that the controversy initially was merely a regulatory issue that escalated into a political dispute.This banking crisis is also accompanied by rising quotes for Tether's USDt in the peer-to-peer market targeting Paraguay, with a bid on Thursday morning quoted at 1 USD to 6942 Paraguayan Guarani, approximately 13% higher than the Central Bank's reference rate of 6144.02 on November 4. According to Reuters, lawmakers are debating impeachment proceedings over allegations of conflicts of interest, pension abuse, and institutional cover-ups. Peña was elected in April 2023 and took office in August of the same year, with a five-year term originally set to end in 2028; if Congress accepts his resignation, Vice President Pedro Alliana will assume the remaining term.

Baidu has open-sourced the ERNIE-5.5-Flash-Base model weights. Following the release of the ERNIE 4.5 series in June 2025, Baidu has once again open-sourced a large model with hundreds of billions of parameters after approximately 16 months, during which the ERNIE 5.0 and 5.1 versions were not open-sourced. The ERNIE 5.5 Flash focuses on inference efficiency, with a total of 280 billion parameters, activating only 14 billion parameters for each generated token, and using 33.5 trillion tokens for zero pre-training.This model supports a maximum inference context of 1 million tokens. Baidu has redesigned the long text processing mechanism, with 37 out of 43 layers compressing every 128 historical tokens into a single cache record, while the remaining 6 layers retain fine retrieval capabilities for the original content, reducing the memory and computational overhead of long text processing. The official evaluation was conducted in conjunction with DeepSeek-V4-Flash-Base, Tencent Hy3-preview-Base, and Xiaomi MiMo-V2.5-Base, ranking first in 24 out of 30 benchmark tests.What is being opened this time is a pure text Base model that has not undergone intermediate training or post-training, mainly for developers to continue domain fine-tuning, instruction training, and reinforcement learning. Baidu stated that the post-trained ERNIE 5.5 Flash will be released subsequently. The license is stricter than the previous generation; the ERNIE 4.5 used the Apache 2.0 protocol, while 5.5 Flash has switched to a custom license that does not authorize use in the European Union, the United Kingdom, and South Korea; for related products or services that have generated over 50 million dollars in revenue in the past 12 consecutive months, separate written authorization from Baidu must be obtained before commercial use.

Paragon, the market deployer of HIP-3 on Hyperliquid, announced the launch of Power Perps, with the first product tracking the square of the HYPE price, HYPE². Paragon stated that Power Perps will incorporate option-like convex returns into perpetual contracts, without a strike price or expiration date, tracking the power of the underlying price.According to Paragon, if the underlying price doubles, the square index reaches 4 times the initial value, and the cubic index reaches 8 times; for every $1 increase in the underlying, the index increase is greater than the previous dollar, while the decrease is smaller when it falls. This design references Power Perpetuals proposed by Dan Robinson, Dave White, Andrew Leone, and mentions that Opyn previously demonstrated the perpetual convexity of ETH² with Squeeth on Uniswap v3.Paragon claims that Hyperliquid features a high-performance order book, spot and linear perpetual markets available for hedging, and portfolio margin, allowing market makers to hedge their exposure to Power Perps in these markets. Its goal is to establish a convex trading market alongside the major markets on Hyperliquid. Paragon has previously launched crypto-native index perpetual markets such as Bitcoin Dominance, TOTAL2, and OTHERS on Hyperliquid.

According to on-chain analyst MLM's monitoring, Paradigm has unstaked approximately 2.55 million HYPE, worth about $224 million, from 15 wallets over the past two days, accounting for 17.85% of the approximately 14.26 million HYPE currently staked in HyperCore.MLM pointed out that Paradigm had previously conducted a similar large-scale unstaking operation a few weeks ago, subsequently consolidating the tokens into a new wallet and restaking them, so it is expected that a similar operation may be carried out this time as well.

According to CoinDesk, Nicolas Quatravaux, head of Paradigm EMEA, stated that in the Binance theft incident, the first large-scale Bitcoin put option block trade was executed at 04:38 on October 30, about 15 minutes after the first outflow of funds from the Binance wallet, at which time the news had not yet been made public.This transaction involved the purchase of 250 put options expiring on October 31 with a strike price of $78,000, with a nominal value of approximately $20 million. Three minutes later, another transaction of the same scale for similar options was executed, with the buyer paying about 35% more.Within 8 hours after the incident, Paradigm executed approximately $590 million in nominal value of Bitcoin option block trades, about half of the same period's Deribit Bitcoin option block trading volume, primarily consisting of put options. The hour with the most active trading also occurred before Binance released its statement, including two transactions of 1,000 BTC each for put options expiring in mid-November with a strike price of $74,000, with a total nominal value of approximately $155 million.Quatravaux pointed out that buying was mainly concentrated in the near strike price range of $74,000 to $78,000, mostly expiring this week and in mid-November.

The founder of hardware wallet company OneKey, Yishi, stated that the security incidents involving Binance and previously Bybit indicate that even if wallet private keys are not leaked, attackers may still steal assets by infiltrating the signature approval system. BlackRock's Bitcoin spot ETF IBIT holds approximately 815,000 BTC, valued at about $63 billion, and is currently primarily custodied by Coinbase.Although IBIT has introduced Anchorage Digital as an additional custodian, there are no plans for asset transfers at this time. Yishi pointed out that BlackRock has not separately purchased insurance for the Bitcoin held by IBIT, and Coinbase's commercial crime insurance coverage is $320 million, shared among multiple clients. The custody agreement stipulates that the liability limit for each cold storage address is $100 million. In the event of a significant theft where assets cannot be recovered or adequate compensation obtained, losses may be borne by ETF holders. There is currently no evidence to suggest that IBIT has become a target of attack.

The Ethereum Foundation forwarded tweets related to the privacy tool Kohaku, expressing support for the development of privacy-protecting wallet tools. In response to the attacks and exploits that occurred over the past week, the Ethereum Foundation pointed out that privacy and security should not be viewed as mutually exclusive goals. Setting privacy protection as a default feature helps reduce the risk of attackers exploiting users' on-chain historical records to carry out attacks.According to developer Jordan Enev, the Kohaku team is working to make privacy protection a standard feature of Ethereum. Currently, its SDK has integrated privacy protocols such as Railgun, Privacy Pools, and Tornado Cash, with development progress becoming increasingly mature, and they are calling for more wallets to promote related integrations.