risk

The European Banking Authority (EBA) stated that the current EU cryptocurrency regulation, the Markets in Crypto-Assets Regulation (MiCA), is sufficiently equipped to address the risks associated with stablecoins and does not require urgent amendments.Although the European Central Bank (ECB) and the European Systemic Risk Board (ESRB) previously warned that stablecoins could pose a threat to financial stability and called for a ban on "multiple issuance" models, the EBA maintains that the existing rules provide the necessary tools to manage liquidity and redemption risks. An EBA spokesperson stated that while they acknowledge the ESRB's concerns regarding the risks of "mass redemption requests," these risks largely depend on how stablecoin issuers operate and the scale of their business. Under the MiCA regulation, stablecoin issuers must maintain adequate reserves, fulfill transparency obligations, and be subject to regulatory oversight.

According to Jin Shi reports, Federal Reserve's Bostic stated on Wednesday that he tends to keep interest rates unchanged until there is "clear evidence" that inflation returns to the 2% target level. He pointed out that the current more clear and urgent risk remains price stability. Bostic mentioned that signals from the labor market are ambiguous and difficult to interpret, insufficient to support a radical monetary policy response in the face of persistent inflationary pressures. As retirement approaches, he will no longer participate in voting on U.S. interest rate policy.

According to Globenewswire, the US stock BNB Crypto Treasury (DAT) company Nano Labs (NASDAQ: NA) announced the early repayment of convertible bonds to strengthen risk management and protect investor rights.Nano Labs stated that, given the increasing and persistent global economic uncertainty, as well as the ongoing volatility in digital asset prices, early debt repayment will minimize the company's risk of being affected by potential "black swan" events and enhance financial flexibility. As of the end of July, Nano Labs held approximately 128,000 BNB.

QCP released a briefing analysis, stating that the U.S. Senate has approved a temporary funding bill that extends government funding until January 30, alleviating the immediate shutdown crisis. The bill now needs to pass the House of Representatives and be signed by the President. The market reacted cautiously to this "kick the can down the road" solution, with Bitcoin stabilizing around $103,000 after a decline during U.S. trading hours.Meanwhile, weak ADP employment data has reignited concerns about a "softening labor market," and the NFIB small business index shows a decline in business sales expectations. Analysts expect that despite potential volatility in the fourth quarter, the prospect of a Federal Reserve rate cut and corporate earnings performance should support risk assets and Bitcoin trends through the end of the year.

Matrixport released the latest research chart indicating that although the total market capitalization of crypto assets has risen from $2.4 trillion to $3.7 trillion over the past 12 months, the market trading volume has decreased from $352 billion to $178 billion, a decline of about 50%. This suggests a structural cooling of the market and relatively low liquidity.The report believes that the shrinking trading volume reflects a decline in market participation and weakening momentum, which is a potential cautious signal. On-chain data also shows that Bitcoin may have entered a phase of bear market. Although long-term catalysts remain, short-term momentum is insufficient to support sustained price increases. In a low liquidity environment, exchange pressure is rising, and market activity and trading revenue may continue to be under pressure.

GoPlus Chinese community disclosed on platform X that the Hello 402 contract has some hidden risks------infinite issuance and centralized manipulation risks.The administrator address has extremely high permissions, completely controlling the minting and distribution of H402 tokens. For example: the addTokenCredits function allows the administrator to allocate H402 token minting shares to users, but does not check whether it will exceed the MAX_SUPPLY total, potentially creating an infinite issuance backdoor; the redeemTokenCredits function allows users to actually mint H402 tokens based on their shares; the WithdrawDevToken function allows the administrator address to mint all unallocated shares in one go, posing a high risk of centralized manipulation.The project party stated in X that the WithdrawDevToken function is only used for "token replenishment," "ecological incentives," and "profit space" commitments after the private placement ends, none of which have been specifically implemented at the contract level, resulting in a high risk of centralized default. Previously, OKX stated that it has launched an investigation into the abnormal behavior of Hello 402 and will continue to track on-chain evidence while reserving the right to take legal action.

According to Jinshi reports, Bank of England Deputy Governor Briden stated that we need to do more work to guide consumers in identifying the unsafe tokens issued by El Salvador. Previous events involving Silicon Valley Bank and Circle withdrawals have provided guidance for the latest stablecoin proposals. Weakening stablecoin regulation poses risks. The UK needs to take a different approach to stablecoin issues compared to the United States.

According to Jin Ten, Jefferies global economist Mohit Kumar stated that the prospect of the U.S. government restarting will eliminate several risks for the market, which should boost risk assets. With the Senate passing the stopgap spending bill, a government shutdown is likely to end this week. He believes that the clearing of positions will eliminate one of the resistances for risk assets, but uncertainty surrounding Federal Reserve policy still exists. The money market currently predicts a 64% probability that the Federal Reserve will cut rates by 25 basis points in December.

Recently, the DeFi sector has frequently experienced failures, and systemic risks have prompted the industry to deeply reflect on the balance between yield and security. On-chain risk hedging, asset security allocation, and the reconstruction of trust in mechanisms have become the core issues that the DeFi ecosystem needs to address. On November 11th at 8 PM, the SunFlash roundtable will focus on the structural risks of DeFi and explore the robust development path for the next generation of decentralized finance.Users are encouraged to follow the official accounts @sunpumpmeme and @Agent_SunGenX, retweet the post, and tag three friends. The official account will randomly select 5 lucky users from the participants to receive a reward of 10 USDT each.

According to Jinshi, the U.S. Senate has cleared a key hurdle, paving the way for a potential end to the government shutdown, which has boosted investor risk appetite and led to an increase in U.S. Treasury yields. This has weakened the demand for safe-haven assets such as government bonds.According to data from Tradeweb, the yield on the U.S. two-year Treasury rose by 4 basis points to 3.596%; the ten-year yield increased by 3.7 basis points to 4.13%.

According to Jinshi News, some Wall Street strategists believe that strong corporate earnings will drive the rise of the U.S. stock market in 2026, and the risks surrounding the uncertain interest rate outlook will prove to be temporary. Morgan Stanley's Michael Wilson stated that an earnings recovery is underway, U.S. companies enjoy better pricing power, and earnings expectations have bottomed out. He pointed out that although the Federal Reserve's guidance and the government shutdown are putting pressure on stock prices, these are merely temporary obstacles. Market attention is turning to the earnings report of Nvidia, which will be released next week.

Given that CZ inquired about RootData on X, a large number of tokens named ROOTDATA have appeared in the market and are being circulated. RootData stated on X that it has not issued any tokens and has no association with these tokens. Please invest and participate with caution.It is reported that today a Twitter KOL posted a screenshot of their recent unfollow history on X in the comments section of CZ's tweet, which piqued CZ's interest and led him to ask what tool this was, prompting many KOLs to introduce RootData to CZ.

According to CoinPost, the Financial Services Agency of Japan held the fifth meeting of the Financial System Council's Cryptocurrency System Working Group, where participants discussed strengthening the regulation of cryptocurrency lending businesses.The new policy will require companies to establish risk management systems for borrowers and pledge contractors, create secure cryptocurrency asset storage management systems, explain risks to customers, and regulate advertising. Private lending, such as transactions between institutional investors, will not be regulated. The meeting also proposed a suggestion to introduce a cap on IEO investment to prevent issuers from raising funds from a wide range of ordinary investors in IEOs (Initial Exchange Offerings) without financial audits, which could lead to over-investment due to sales pressure.

The South Korean cryptocurrency exchange Bithumb listed Divijen (DVI) as a trading warning project on November 7 and suspended deposits;At the same time, it reminded that Elixir (ELX) may experience increased price volatility due to fluctuations in the stablecoin deUSD. Users are advised to exercise caution when investing in Elixir (ELX).

According to Jin Ten, Federal Reserve official Musalem stated that there are upward risks to current inflation.