Morning Report | Ethereum fell 4.3% in the past 24 hours; some users' withdrawals are restricted after FinCEN took special measures against MEXC

Compiled by: ChainCatcher

Data from the Past 24 Hours

Bitcoin is currently priced at $75,039, down 1% in the past 24 hours, with a high of $76,200 and a low of $73,510. Ethereum is currently priced at $2,141.45, down 4.3% in the past 24 hours, with a high of $2,246.00 and a low of $2,060.00. The current Crypto Fear and Greed Index is at 30, indicating fear.

Important Events in the Past 24 Hours

1. FinCEN Takes Special Measures Against MEXC, Some Users Face Withdrawal Restrictions

After the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued a special measures order against MEXC Global, some users reported that funds withdrawn from MEXC to exchanges like OKX, Binance, and Gate faced risk reviews, delays in crediting, or entered refund review processes on the receiving platforms. Additionally, Bitget Wallet stated that its bank card recharge service is temporarily not accepting funds from MEXC. Currently, FinCEN's order has not officially taken effect, and the related restrictions mainly stem from user feedback; the specific scope of restrictions and the results of fund processing remain unclear.

2. Elliptic Co-Founder Claims Binance Hacker Converted Stolen Altcoins to Bitcoin

Elliptic co-founder Tom Robinson stated that the Binance hacker has converted approximately $175 million worth of stolen altcoins into about 2,300 bitcoins. The related funds were transferred through 16 blockchains, over 20,000 wallets, and at least 65,000 transactions; about 88 bitcoins were mixed using Wasabi Wallet. The bitcoins and ethers primarily held by the hacker remain untouched.

3. Keplr Wallet's Partial Social Login Account Private Key Leak

Keplr Wallet stated that due to a vulnerability in the Web3Auth infrastructure, some private keys of Keplr users who logged in via Google or Apple were leaked. Users who created wallets using mnemonic phrases or hardware wallets are not affected. Keplr is assisting Web3Auth in protecting the assets of affected users and advises users to stop transferring new funds to the related accounts and to transfer remaining liquid assets to accounts created using mnemonic phrases or hardware wallets.

4. U.S. Treasury Sanctions 8 Canadian Currency Service Providers

The U.S. Treasury's Office of Foreign Assets Control (OFAC) has included 8 Canadian currency service providers, accused of aiding the Iranian regime, on the SDN sanctions list during "Operation Economic Outcast," including Nia Nations Currency and Diverse Trade Inc., and listed multiple related TRON addresses.

Meme Popularity Rankings

According to data from the meme token tracking and analysis platform GMGN, as of November 9, 08:00

The top five popular tokens in ETH in the past 24 hours are: WASTED, GTA6, DACITY, José, PEPE

The top five popular tokens in Solana in the past 24 hours are: PUSSY, COGE, MAGGIE, ANSEM, BTC

The top five popular tokens in Base in the past 24 hours are: AERO, AXIS, XDP, ELSA, SOL

The top five popular tokens in BSC in the past 24 hours are: BNCB, CPU, Xiwang, JAGENT, GM

What Are Some Must-Read Articles from the Past 24 Hours?

Berkshire's Q3 Net Profit Plummets 28%, Investment Income Shrinks Nearly Half, Buybacks Reach New Quarterly High, Cash Rises to $377.4 Billion

The net profit for the third quarter was $22.112 billion, a year-on-year decrease of 28.2%. Of this, total investment income was approximately $9.407 billion, down about 45.7% from $17.311 billion in the same period last year, nearly halving. Berkshire spent about $9.6 billion on stock buybacks in the third quarter, the highest level for a single quarter this year. As of the end of September, Berkshire's cash (cash and short-term U.S. Treasury bills) reserves reached $377.4 billion, further increasing from the previous quarter.

Behind the U.S. Stock Market's Plunge and Reversal: Is De-leveraging Nearing Its End, or Is It the Prelude to Medium- and Long-Term Risks?

This unexpected market movement may have been foreshadowed a month ago. Meanwhile, a migration of funds across major asset classes is quietly underway.

What is EIP-7702? Why It Became a Key Element in the Binance Hack

Private key leaks remain the largest source of financial losses currently faced by the public blockchain world.

Michael Saylor: The 400-Year Evolution of Digital Credit

From common stocks to Bitcoin, Michael Saylor reflects on the 400-year financial history behind digital credit.

After the Midterm Elections, "New U.S. Computing Power is Locked," Musk Becomes the "Game Changer" in AI Landscape

Analysis suggests that a "90-day mutual exit clause" is hidden in the contract between SpaceX and Anthropic—once computing power supply tightens, Musk can reprice the computing power to 2-3 times the original contract, directly determining the fate of Anthropic and the direction of the entire AI landscape. Additionally, the risk of the gigawatt-level data center project leaving has sharply increased, with the U.S. potentially transforming from a computing power exporter to a token importer.