Cboe amends filing for Ark's bitcoin ETF to include BlackRock-like feature

[Binance CEO Says Bitcoin's Sharp Decline Due to Deleveraging and Risk Aversion] Binance CEO Richard Teng stated that Bitcoin's sharp decline over the past month was primarily driven by investors deleveraging and risk aversion, consistent with the performance of most major asset classes. He noted that despite Bitcoin's pullback, it is still more than double the price compared to when institutions like BlackRock entered the market in 2024. Additionally, Teng mentioned that Binance has yet to decide whether founder Changpeng Zhao will return following his pardon by Trump. Changpeng Zhao remains the majority shareholder and retains corresponding rights, but Binance's daily operations are managed by a board of seven directors, including three independent directors.

[Re7 Labs Update on xUSD Depegging Incident: Legal Actions and Asset Recovery Underway] Re7 Labs has released an update on the xUSD depegging incident, stating that it has hired the law firm Pillsbury Winthrop Shaw Pittman to investigate the situation and provide legal advice, including asset recovery. Previously, Re7 Labs had repeatedly contacted Stream Finance and Stables Labs but did not receive satisfactory responses. Currently, the lawyers have issued legal notices to the relevant parties, demanding repayment and preservation of evidence. Additionally, the Morpho Worldchain sdeUSD position has been fully restored, reducing vault risk exposure by over 50%.

[BlackRock Deposits 4,198 Bitcoins and 43,237 Ethereum into Coinbase Prime] On November 21, according to Lookonchain monitoring, BlackRock deposited 4,198 Bitcoins (worth $348 million) and 43,237 Ethereum (worth $117 million) into Coinbase Prime.

BlackRock deposited 4198 BTC (worth $348 million) and 43200 ETH (worth $117 million) into Coinbase Prime. （Lookonchain）

A U.S. District Court for the Southern District of New York ordered an Ohio man to pay over $50 million for allegedly operating a multi-million dollar crypto investment scam.