[Justin Sun Discloses Progress on TUSD Reserve Asset Recovery at Hong Kong Briefing] On November 27, TRON founder Justin Sun attended the 'TUSD Reserve Asset Global Legal Recovery Progress Media Briefing' at The Peninsula Hong Kong, where he disclosed key facts and interim results regarding the illegal misappropriation and embezzlement of TUSD reserve funds. Justin Sun expressed gratitude to the Dubai International Financial Centre (DIFC) Courts and the Digital Economy Court for their rulings and stated that efforts are underway globally to trace the missing funds, with the goal of fully recovering them and demanding the return of reserve assets from the perpetrators. Judicial documents reveal that on October 17, the DIFC Courts issued a worldwide freezing order on assets against Aria Commodities DMCC, with the amount involved totaling $456 million. The alleged misconduct includes forgery of authorization, breach of fiduciary duty, illegal transfer of reserve funds, and cross-border money laundering. The individuals and entities involved have been ordered to disclose the flow of funds or face legal consequences.

Animoca Brands founder Yat Siu expressed optimism that altcoins will perform better than Bitcoin and revealed that the company is preparing for an initial public offering (IPO) to provide investors with broader investment opportunities in the cryptocurrency market. （Cointelegraph）

[A certain whale withdraws 49,000 SOL for staking, with a total staking volume reaching 761,405 SOL] According to OnchainLens monitoring, a certain whale withdrew 49,165 SOL (approximately $7 million) from OKX and transferred all of it into staking. Since August 22, 2025, this address has cumulatively staked 761,405 SOL, valued at approximately $117.97 million at the time of staking, with the current market value at approximately $109.48 million, resulting in an unrealized loss of about $8.45 million.

[Binance Alpha to Launch GaiAi (GAIX) on November 29] Binance Alpha announced that it will launch GaiAi (GAIX) on November 29, marking the platform's first introduction of this project. Eligible users can claim airdrop rewards using Binance Alpha Points via the Alpha Events page after trading begins.

[Visa Partners with AquaNow to Accelerate Settlements Using Stablecoins] Visa has partnered with AquaNow to leverage stablecoin technology for faster settlements.