Coinbase CEO Brian Armstrong stated that cryptocurrency can help every country achieve greater prosperity by injecting economic freedom and capitalism. （Cointelegraph）
According to AiCoin's real-time on chain monitoring, from 15:12-15:17 (UTC+8) today, the "1014 High Winning Whale" once again placed a long ETH position, with a total of 3075 ETH and a value of $1.113 million. As of press time, the value of its ETH long position is as high as $15.19 million, with a floating loss of $10000. Whale address: 0xc2a30212a8ddac9e123944d6e29faddce994e5f2
[Thai Prime Minister Anutin Threatens to Suspend the Implementation of the Cambodia-Thailand Peace Agreement] On November 10, Thai Prime Minister Anutin threatened to overturn the peace agreement signed last month with Cambodia. Previously, two Thai soldiers were injured by landmines while patrolling the border between the two countries, with the mines suspected to have been newly planted. This marks the seventh similar incident in four months, following a series of explosions in July that triggered deadly border conflicts. Anutin announced the suspension of provisions under the 'Kuala Lumpur Peace Agreement,' supported by U.S. President Trump, as well as the planned release of 18 Cambodian soldiers scheduled for November 21, stating that hostile actions have not diminished and the current process cannot proceed further.
[River team release statement, buyback records provided to Binance and exchange teams] The River team issued a supplementary statement to the Chinese community, stating that spot buybacks were conducted during both attacks but found that continuous buybacks could not resolve the fundamental issue. All buyback transaction records (November 7 and November 9) have been synchronized and provided to Binance and exchange teams. The team will redesign the Pts exchange mechanism and has already initiated mechanism optimization and data review work.
[South Korea's Financial and Tech Giants Collaborate to Enter Stablecoin Market] South Korea's four major financial holding companies—KB, Shinhan, Hana, and Woori—are collaborating with tech giants Naver, Kakao, and Samsung Electronics to capture market share in the stablecoin sector. Although the market has not yet been fully legalized, domestic stablecoin trading volume has already exceeded 60 trillion Korean won (approximately $41.15 billion). Financial regulators plan to submit a stablecoin regulatory bill to the National Assembly by the end of 2025. Banks, as the core business units of holding groups, are expected to become the primary issuers of Korean won-pegged stablecoins. KB, Shinhan, and Hana have partnered with Naver and are exploring a three-way collaboration with Naver and Dunamu, the operator of crypto exchange Upbit. Woori is strengthening its partnership with Samsung Wallet through its main banking relationship with Samsung Electronics. Each group is expanding its teams and conducting internal testing. KB has applied for 17 trademarks combining "KB" and "KRW," Shinhan is testing stablecoin usage in delivery applications, Hana has established a dedicated digital asset task force, and Woori has invested 5% equity in digital asset custody company BDACS.
[European Central Bank Vice President Guindos: Current Interest Rate Level is Appropriate] European Central Bank Vice President Guindos stated that the current interest rate level is within an appropriate range.