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According to a report by the Korean News Agency, the Financial Security Institute (FSI), a financial security agency under the Financial Services Commission of South Korea, was hacked, resulting in the leakage of hundreds of pieces of information, including about 300 personal information records of employees from financial institutions.

According to Bloomberg, informed sources revealed that financial institutions such as Goldman Sachs, Citigroup, Santander Bank, and Deutsche Bank have committed approximately $270 million in funding for a joint stablecoin project.

According to PR Newswire, Marble, an institutional multi-asset trading and computing credit company founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall, has announced its launch and completed a $11 million seed round financing, led by Polychain Capital, with participation from institutions such as Maven 11, Ripple, Susquehanna Crypto, Lattice, Blockwall, and several angel investors in the AI field.Marble operates through two business lines. Marble Compute focuses on building private credit channels for AI infrastructure, connecting institutional lenders with neoclouds and GPU operators; Marble Markets builds an institutional trading platform covering digital assets, real-world assets, prediction markets, and computing power.The two founders serve as co-CEOs: Ballensweig was the global trading head at BitGo, and Marshall was the CEO of Galaxy Digital's European operations.

According to official news, ZKsync announced the launch of Prividium Connect, which supports financial institutions in conducting privacy-preserving atomic transactions between existing blockchain networks without relying on trusted intermediaries or third-party bridging services.This solution verifies whether transactions comply with agreed rules through zero-knowledge proofs and protects sensitive information such as institutional account balances, asset positions, and customer identities; if either party fails to complete the delivery on time, they can reclaim their respective assets.Prividium Connect currently supports Hyperledger Besu and Prividium Ledger, and will expand to more networks in the future based on customer demand. ZKsync also proposed deploying a standardized version on public chains, with related activation, integration, and fee parameters still needing community governance approval.

Coinbase legal advisor Molly Abraham stated that six institutions, including Coinbase, prediction market platform Kalshi, Kraken's parent company Payward, DRW Holdings, Jump Trading, and Paradigm, have applied to the U.S. court to submit amicus curiae briefs in support of the U.S. Commodity Futures Trading Commission (CFTC) regarding its regulatory authority over individual perpetual contracts.The related institutions argue that, according to the Commodity Exchange Act and the regulatory framework for securities futures established by the U.S. Congress in 2000, such products should be classified as securities futures rather than securities swaps. The aforementioned institutions also believe that preventing innovative products from being compliant and listed in the U.S. will only drive trading activities offshore.

The Canadian government has announced a budget bill that will prohibit federally regulated financial institutions from directly issuing cryptocurrencies and require stablecoins to be issued only through independent non-financial subsidiaries regulated by stablecoin laws.According to the budget bill announced on November 5 local time, the issued cryptocurrencies must include reserve safeguards such as redeemability at face value and asset segregation, while not being included in public deposit insurance and government guarantee programs. The Bank of Canada will be responsible for the registration of issuers and the supervision and enforcement of regulatory compliance. Meanwhile, the regulatory framework for stablecoins is expected to take effect next fall.

XWIN Japan pointed out that the whale ratio of Bitcoin exchanges has repeatedly broken 0.4, and it is estimated that the leverage ratio, although it has fallen, is still higher than the mid-October level.

According to Cointelegraph, the European Central Bank, the European Commission, and the European Securities and Markets Authority are jointly soliciting nominations for a working group led by the industry, which will establish unified standards for the holding and settlement of tokenized securities.Eligible applicants include EU industry associations, global institutions, private enterprises, and fintech companies, which can apply to join the European Tokenized Standards Group (ETSG) by November 27. The relevant work will commence in January 2027, with the aforementioned three EU institutions participating as observers.The working group will develop technical and market standards to assist businesses in holding and settling tokenized securities across different Distributed Ledger Technology (DLT) platforms, ensuring that these platforms can be compatible with existing financial systems.According to its scope of responsibilities, the working group plans to produce the first set of standards by early 2028. These standards will support Appia, which is the blueprint for the European tokenized financial market developed by the euro system.The three institutions warned that market fragmentation could limit the benefits brought by tokenization, and the working group may propose recommendations on how EU regulators can encourage businesses to adopt its standards. In September of this year, the euro system launched the Pontes system, allowing financial institutions to settle wholesale transactions of tokenized assets in central bank money.

According to The Defiant, Animoca Brands announced that the group's Executive Chairman Yat Siu will take on the role of CEO to advance the company's strategy in artificial intelligence and institutionalization.At the same time, the current group president Evan Auyang will transition to a senior advisor on the board. After assuming the role of CEO, Yat Siu will retain his position as Executive Chairman.

On November 6, the Hong Kong Securities and Futures Commission released a consultation summary, proposing to further restrict unregulated entities from using names that may mislead the public into believing they are regulated, and plans to extend these restrictions to the virtual asset sector.According to the proposed amendments, Hong Kong will introduce similar restrictions under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, focusing on virtual asset trading platforms, as well as virtual assets that are unrelated to securities or futures contracts but can be traded or settled through virtual asset trading platforms. Unauthorized entities will be subject to restrictions on the use of relevant titles to prevent the public from mistakenly viewing them as regulated entities. The related proposals have received broad support from the market.The Securities and Futures Commission stated that it will further finalize the draft amendments to the Securities and Futures Ordinance and the Anti-Money Laundering Ordinance, and submit them to the Legislative Council for review and approval.

According to Bloomberg, Wall Street's reaction to the U.S. midterm elections shifted from positive to negative in about 24 hours. The sell-off on Thursday spread from retail investors to hedge funds, long-only asset management firms, and quantitative strategies, causing a loss of approximately $3.7 trillion in market value for U.S. stocks in a single day, with the Nasdaq 100 index recording its largest drop since March 2020. Initially, the stock market rose after the elections due to the reduction of event risk and a decline in oil prices, but investors later reassessed the risks of Democratic scrutiny on data center expansion.In the first half hour after the market opened on Thursday, retail investors were the first to sell for profit, followed by hedge funds and long-only firms. Data from Vanda Research shows that the net selling scale of retail investors on that day was second only to two days during the pandemic shock in March 2020. Its strategist Viraj Patel pointed out that while retail and systematic investors were actively selling, institutional buyers chose to step back. The decline subsequently triggered mechanical selling, with Nomura strategist Charlie McElligott estimating that based on the negative gamma exposure during Thursday's trading, for every 1% drop in the market, options market makers would generate an additional selling pressure of about $7 billion.Volatility control funds estimated that they needed to reduce their holdings by about $61 billion in stocks based on market changes at the time, with about $25 billion in sales still being executed on Wednesday. The rebalancing of leveraged ETFs is expected to bring about an additional $47 billion in stock sales. Vanda estimated that commodity trading advisors sold about $13 billion in S&P 500 and Nasdaq futures. Goldman Sachs' prime brokerage trading desk estimated that fundamental long-short funds lost about 1.3% on Thursday, while technology-themed funds fell over 4%. The basket of stocks in storage, optical networks, data centers, and AI semiconductors dropped by 12% to 15% that day, and the VIX index rose from 16.6 points at the opening to nearly 28 points at the close.

Indosuez Wealth Management believes that the market's current pricing of the Federal Reserve and European Central Bank's interest rate paths is still significantly more hawkish than the institution's baseline scenario. The institution's strategists Lucas Merrick and portfolio manager Alexander Bell expect that economic growth will remain stable, and inflation will gradually normalize, which will limit the central banks' room for further tightening of monetary policy.The two stated, "However, it may take some time to accumulate enough moderate core inflation and economic growth data to make this scenario a reality. In the meantime, the bond market will remain volatile." The money market currently expects that the Federal Reserve will raise interest rates by about 1.5 times in the next 12 months, while the European Central Bank will raise rates twice.

The unemployment rate data for the United States in October will be released at 21:30 Beijing time tonight. Société Générale, Capital Economics, Danske Bank, High Frequency Economics, Barclays, JPMorgan Chase, Nomura Securities, and UBS expect it to be 4.1%; ING, Morgan Stanley, ANZ, Montreal, Berenberg, Bank of America Merrill Lynch, and Jefferies expect it to be 4.2%.Citigroup, Deutsche Bank, Daiwa Capital, Goldman Sachs, Commonwealth Bank of Australia, HSBC Holdings, ING, Sumitomo Mitsui Trust, Deutsche Bank, National Bank of Canada, Pantheon Macroeconomics, Standard Chartered, Stifel, Sparta Capital, Allied Irish Banks, TD Securities, and Wells Fargo expect it to be 4.2%; Mizuho Securities and Westpac expect it to be 4.3%. Reuters expects it to be 4.2%.

The Indian Computer Emergency Response Team (CERT-In) issued a security advisory stating that the hacker group "Crafty Falcon" is utilizing publicly available artificial intelligence tools to conduct high-speed automated intrusions, having breached non-bank lending institutions, fintech companies, and cryptocurrency exchanges. The agency described the related threats as "ongoing and persistently active."The advisory specifically named four intrusion tools: ARTEX, PentAGI, Cairn, and CyberStrikeAI. Cybersecurity researchers indicated that at least two of these tools are associated with China. CrowdStrike previously stated that ARTEX, developed in China, has been used to attack South Korean banks since the end of September, and a hacker group linked to China has used this tool to target over 200 organizations in at least 14 countries. CERT-In did not specify the attackers or the operational location of the group, nor did it state that the attacks were state-sponsored or led; all of the aforementioned tools are available for free.

The dust has settled on the U.S. midterm elections, with the Democratic Party winning control of both chambers of Congress, and Trump has stated that he accepts the election results. After the uncertainty dissipated, the market rebounded significantly, with the S&P 500 index rising nearly 2% in a single day, the Dow Jones index increasing by over 3%, and the VIX experiencing its largest single-day drop since April 2025. Institutions such as JPMorgan, Nomura, HSBC, and Citadel Securities have successively released bullish reports.The core logic is that institutions had significantly deleveraged before the election, and short positions in the stock market were close to a five-year high. Citadel Securities stated that the net position of CTAs in U.S. stocks is approximately negative 3.3 standard deviations, placing it in the 10th percentile since 2018. Retail investors have net bought nearly $33 billion over 22 consecutive trading days since October 5, and the corporate buyback authorization window has also quickly reopened, with new authorizations reaching $1.5 trillion this year.Tech stock valuations are compressing simultaneously. The price-to-earnings ratio of the Nasdaq 100 has dropped to 19.1 times, the lowest since October 2022; the price-to-earnings ratio of semiconductor components has fallen to 13.8 times. HSBC views the Anthropic IPO as a key turning point for a comprehensive bullish trend in tech stocks. Historical data shows that since 1938, the S&P 500 has risen in 95% of the years in the 12 months following midterm elections, with an average increase of about 14%.

DCS Group's card and payment infrastructure platform DCS DeCard has become a Mastercard issuing institution in Hong Kong. At the same time, DCS DeCard launched the corporate card and expense management solution DeCard Business Account to help companies manage and control their expenditures.The DeCard Business Account supports medium and large enterprises in issuing Mastercard corporate cards through a single platform and centrally managing business expenses. The solution covers employee and operational expenses, assisting companies in managing costs, bills, invoices, and statements, applicable to scenarios such as business travel, employee expenses, advertising, media procurement, and corporate procurement. Initially, corporate cards will be offered in US dollars and funded in US dollars. DCS DeCard plans to gradually expand the DeCard Business Account to other markets and introduce new features, including fund account management.

Coinbase posted on platform X that Coinbase Prime now offers regulated global options and perpetual contract trading services for institutions in the United States and other eligible regions, and provides a unified liquidity pool for traders in the United States and globally.

According to Whale Alert monitoring, at 23:52 Beijing time, an unknown wallet transferred 813 BTC to Coinbase Institutional, equivalent to approximately 65.4 million USD based on the price at the time of the transfer.

According to Whale Alert monitoring, at 23:17 Beijing time, 21,294 ETH was transferred from an unknown wallet to Coinbase Institutional, valued at approximately 51.84 million USD based on the price at the time of transfer.