[Cayman Court Approves Core Foundation's Request to Issue Injunction Against Maple Finance] Core Foundation announced that the Grand Court of the Cayman Islands has supported its request, ruling that Maple Finance allegedly violated confidentiality obligations and exclusive cooperation terms during their joint development of lstBTC, and that there are serious issues requiring adjudication. Core Foundation stated that since the beginning of the partnership in early 2025, it has invested significant resources in technology development, marketing, and product subsidies, while Maple Finance has been accused of using confidential information to develop competing products, breaching the 24-month exclusive cooperation agreement between the two parties. Furthermore, in response to Maple Finance's announcement regarding asset impairment in the Bitcoin Yield product, Core Foundation expressed that it is unclear why Maple Finance is unable to return lenders' Bitcoin and questioned the compliance of its business operations.
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More >WLFI团队销毁1.66亿枚WLFI代币并重新分配资金
[WLFI Team Burns 166 Million WLFI Tokens and Redistributes Funds] On November 20, the WLFI team used an emergency function to burn 166.667 million WLFI tokens (valued at approximately $22.14 million). These tokens originated from compromised addresses and the funds were redistributed to recovery addresses. This function is designed for situations where investors lose wallet access before their rights vest or malicious accounts exploit vulnerabilities to obtain WLFI.
巨鲸在SOL空头浮盈超1000万美元后继续加仓并开设ETH空头
[Whale Continues Adding to SOL Short Position with Over $10 Million in Unrealized Profit, Opens ETH Short Position] Onchain Lens monitoring shows that the whale with address 0x35d...acb1 continued to increase its SOL short position with 20x leverage after achieving over $10 million in unrealized profit. Additionally, the whale opened a new ETH short position with 25x leverage.
美国现货比特币ETF昨日净流入7709万美元
[U.S. Spot Bitcoin ETF Net Inflow of $77.09 Million Yesterday] According to monitoring data, the U.S. spot Bitcoin ETF had a net inflow of $77.09 million yesterday.
glassnode：比特币跌破关键点位，市场结构面临考验
[glassnode: Bitcoin Falls Below Key Levels, Market Structure Faces Test] On November 20, glassnode pointed out in its weekly market observation article that Bitcoin has fallen below the STH cost basis and the -1 STD range. Recent buyers are under pressure, with the $95,000-$97,000 range becoming a key resistance zone. If this area can be breached again, it would signal an early recovery in market structure. Spot demand remains weak, with U.S. spot ETF fund inflows in the negative. TradFi asset allocators have not increased buying activity. Speculative leverage is declining, with open interest in the top 500 assets' futures contracts decreasing, and funding rates have dropped to cycle lows. The options market is repricing risk, implied volatility is rising, and traders are paying a high premium for downside risk protection. glassnode believes that this decline continues the mild bear market trend, and the future direction of the market depends on whether demand can recover near key cost price levels.
Bubblemaps：BULLISH 代币70%供应量由币安新钱包持有
[Bubblemaps: 70% of BULLISH Token Supply Held by New Binance Wallets] Blockchain analytics platform Bubblemaps revealed that the Meme token BULLISH exhibits significant clustering, with 70% of the token supply held by new wallets funded from Binance. Between September 13 and 24, over 150 wallets were funded in a short period, with each wallet transferring SOL to new wallets and completing purchases within the first 30 minutes of BULLISH's launch on October 2.