The US government transfers over $7.5 million in funds related to FTX Alameda and Bitfinex hackers

On chain data shows that Movement transferred 50 million previously repurchased MOVEs (worth $2.51 million) to Binance 6 hours ago after completing the repurchase. Movement was asked to conduct a $38 million token repurchase in March and withdrew 180 million MOVEs from Binance to the public address on the repurchase chain, with an average repurchase price of $0.21. As of now, a total of 115 million MOVEs (worth $10.91 million) have been transferred back to Binance from repurchase addresses. (Ashes)

On chain data shows that Machi deposited $115000 USDC into the HyperLiquid platform to increase its long position in ETH by 25 times. During the opening process, Machi's position has been liquidated. （Onchain Lens）

[G20 Financial Stability Board Calls for Strengthened Global Regulation of Private Credit and Stablecoins] Andrew Bailey, Chairman of the G20 Financial Stability Board (FSB), stated in a letter to G20 leaders that the rapid development of private credit markets and stablecoins requires enhanced global regulatory collaboration. He warned that differences among countries in stablecoin regulation and prudential frameworks could increase systemic risks and called for the establishment of cross-border compliance mechanisms. Additionally, he emphasized that the slow progress of major economies in implementing the Basel III global banking capital standards warrants attention.

Solana ETF has achieved fund inflows for 17 consecutive days, with a total net demand of $476 million. However, futures data shows that SOL is facing selling pressure around $140, which may pull the price back to around $120. （Cointelegraph）

[U.S. Treasury Secretary Besent Suggests Fed to Continue Rate-Cut Cycle] On November 21, U.S. Treasury Secretary Besent stated that the Federal Reserve should focus on the data and continue the rate-cut cycle.