Lending

Lending protocols form the backbone of the decentralized money market, allowing users to lend or borrow digital assets without intermediaries. Using smart contracts, platforms like Aave and Morpho automate interest rates based on supply and demand while requiring over-collateralization for security. The 2026 lending landscape features advanced permissionless vaults and institutional-grade credit lines. This tag covers the evolution of capital efficiency, liquidations, and the integration of diverse collateral types, including LSTs and tokenized RWAs.

15654 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
G20 Regulators Highlight Risks in Private Lending and Stablecoins

G20 Regulators Highlight Risks in Private Lending and Stablecoins

G20 regulators urge focus on private lending and stablecoin risks citing regulatory fragmentation.

Author: coinlineup
Core Secures Court Injunction Against Maple Finance in Dispute…

Core Secures Court Injunction Against Maple Finance in Dispute…

The post Core Secures Court Injunction Against Maple Finance in Dispute… appeared on BitcoinEthereumNews.com. Core Foundation has obtained a sweeping court order blocking Maple Finance from advancing a competing Bitcoin yield product, escalating a dispute that has been brewing since early 2025. The decision, issued by the Grand Court of the Cayman Islands, restricts Maple from launching its new offering, $syrupBTC, and bars transactions involving $CORE tokens for the duration of an ongoing arbitration process. The injunction marks a major win for @Coredao_Org, which says Maple breached a 24-month exclusivity agreement tied to their earlier collaboration on $lstBTC, a joint Bitcoin yield pilot launched at the start of the year. Core argues Maple used confidential information from that partnership to build a rival product behind the scenes. The court agreed that there is a “serious issue to be tried” and that monetary damages alone would not provide adequate relief. https://t.co/p7qEjG6nq5 — Core DAO 🔶 (@Coredao_Org) November 19, 2025 The Dispute: From Joint Pilot to Legal Standoff The tension between both teams traces back to the development of $lstBTC, a yield-bearing Bitcoin product meant to blend Core’s ecosystem and Maple’s institutional lending infrastructure. The pilot gained traction quickly, positioning itself as one of the more ambitious BTC yield experiments heading into 2025. According to Core, the partnership included a 24-month exclusivity clause designed to prevent Maple from launching any competing product during the period. Core says Maple violated that agreement by developing $syrupBTC, a fresh BTC yield offering that allegedly uses strategic, technical, and market insights derived from their collaboration. Core claims the move wasn’t just premature, it was deliberate, unauthorized, and harmful. The Foundation argues that Maple’s attempt to push forward with syrupBTC constituted an internal replication of the product they built together, using information that should have remained confidential. The Grand Court agreed that the claims warranted immediate intervention. The injunction not only…

Author: BitcoinEthereumNews
Coinbase Rolls Out ETH-Backed Loans via Base Network Expansion

Coinbase Rolls Out ETH-Backed Loans via Base Network Expansion

Ethereum holders can now access cash without selling their coins using Coinbase’s new ETH-backed loans. Coinbase’s feature may reduce sell pressure, which also could help Ethereum prices more stabilize and recover. As one of the leading U.S. cryptocurrency exchanges, Coinbase has expanded its lending service in a major way by introducing ETH-backed loans. U.S. users [...]]]>

Author: Crypto News Flash
Coinbase Introduces ETH-Backed Loans for Up to $1 Million USDC

Coinbase Introduces ETH-Backed Loans for Up to $1 Million USDC

The post Coinbase Introduces ETH-Backed Loans for Up to $1 Million USDC appeared on BitcoinEthereumNews.com. Key Points: Eligible customers can borrow up to $1 million in USDC using ETH as collateral. The service offers tax-efficient liquidity without selling ETH, avoiding capital gains taxes. Over $1.25 billion in loan origination volume processed by November 2025. Coinbase has introduced an on-chain lending feature facilitating USDC loans up to $1 million against Ether collateral, available through the Morpho protocol on Base network. This move enhances liquidity options for crypto holders without selling assets, highlighting a trend toward secure, collateralized DeFi solutions in the burgeoning blockchain lending sector. Market Reactions Market reactions to Coinbase’s ETH-backed lending service remain largely positive, with no formal statements from Coinbase executives at present. “Coinbase’s on-chain lending products have processed over $1.25 billion in loan origination volume,” indicates the significant impact of this new lending initiative. This initiative, communicated through Coinbase’s official channels and its Bytes newsletter, highlights a move towards more accessible, transparent crypto lending options via DeFi protocols. As of now, no reactions from significant leaders in the crypto industry, nor any regulatory responses from institutions like the SEC, have been publicly recorded. As per CoinMarketCap, Ethereum’s (ETH) current price is $2,796.62 with a market cap of $337.54 billion. Its 24-hour trading volume is $44.17 billion, marking a 7.48% change. Ethereum’s 90-day performance shows a decrease of 40.68%, reflecting ongoing market volatility as of November 21, 2025. The Coincu research team projects that the introduction of ETH-backed loans could bolster market accessibility, aligning with ongoing interest in regulatory compliant DeFi solutions. This may further position Ethereum as a core component in mainstream financial integrations due to its underlying technological strengths and market dominance. DeFi Expansion and Ethereum Market Analysis Did you know? DeFi now represents 66.9% of crypto-collateralized lending market share in Q3 2025, highlighting a significant shift from previous uncollateralized lending…

Author: BitcoinEthereumNews
Coinbase expands crypto credit with new ETH-backed loans

Coinbase expands crypto credit with new ETH-backed loans

The post Coinbase expands crypto credit with new ETH-backed loans appeared on BitcoinEthereumNews.com. Coinbase has launched Ethereum-backed loans for eligible U.S. customers, allowing users to borrow up to $1 million in USDC without selling their ETH holdings, the cryptocurrency exchange announced. Summary Coinbase has launched Ethereum-backed loans for eligible U.S. users (excluding New York). The service allows borrowers to access up to $1 million in USDC without selling their ETH holdings. The launch strengthens Coinbase’s DeFi integration, tapping into the growing crypto-native credit market. Coinbase lets ETH holders borrow millions without selling The service represents one of the exchange’s largest decentralized finance-integrated offerings to date, according to the company. The launch follows Coinbase’s recent increase of its Bitcoin-backed loan limit to $5 million several weeks prior. The loan program operates through Morpho, a lending protocol on Base, Coinbase’s Layer 2 network. Coinbase serves as the access point while loans are executed through Morpho’s smart contracts, enabling users to access decentralized finance liquidity through a centralized platform interface. The service is available in most U.S. states, excluding New York due to regulatory restrictions. Users deposit ETH as collateral and receive USDC without triggering a taxable event, differentiating the service from direct cryptocurrency sales. Borrowers must maintain their loan-to-value ratio below 86%, at which point positions face automatic liquidation due to cryptocurrency price volatility. Coinbase stated the feature will expand to include additional assets, including cbETH, the platform’s staked-ETH derivative. Onchain lending across the Base ecosystem has surpassed $1.25 billion, driven by increased activity in institutional and retail credit markets, according to network data. Morpho has experienced notable inflows this week as traders and long-term holders utilize collateralized borrowing to access liquidity while maintaining cryptocurrency exposure. The expansion positions Coinbase within the growing cryptocurrency-native credit market as the exchange increases its decentralized finance integration and borrowing options for major cryptocurrencies. Source: https://crypto.news/coinbase-expands-crypto-credit-with-new-eth-backed-loans/

Author: BitcoinEthereumNews
Tether Invests in LatAm Crypto Firm Parfin to Boost USDT Use

Tether Invests in LatAm Crypto Firm Parfin to Boost USDT Use

The post Tether Invests in LatAm Crypto Firm Parfin to Boost USDT Use appeared on BitcoinEthereumNews.com. Tether, the company behind the world’s largest stablecoin USDT USDT$0.9992, said Thursday it has invested in Parfin, a Latin American crypto firm that builds digital asset infrastructure for institutions. The firm said the deal will help scale tools for banks and institutions to move more of their operations onto blockchain rails, a shift Tether sees as critical for making crypto infrastructure more practical and accessible in regions with limited financial infrastructure. The firms did not disclose details of the investment. The investment is part of Tether’s larger push to deepen its footprint in emerging markets and expand the real-world use of USDT for cross-border payments and asset tokenization. The partnership also signals that Tether, long seen primarily as a retail-focused stablecoin issuer for emerging market users, is now pushing deeper into the institutional layer of crypto finance. Parfin offers tools for custody, tokenization, and blockchain-based settlement aimed at financial institutions. Its services are tailored for use cases like trade finance, credit markets, and institutional payments, areas where Tether wants to see broader adoption of USDT as a settlement asset. Read more: Tether Invests in Ledn to Expand Bitcoin-Backed Lending Amid Surging Demand Source: https://www.coindesk.com/business/2025/11/20/tether-invests-in-latam-crypto-infrastructure-firm-parfin-to-boost-usdt-among-institutions

Author: BitcoinEthereumNews
Shanghai Composite Index falls 1.5% to one-month low

Shanghai Composite Index falls 1.5% to one-month low

The post Shanghai Composite Index falls 1.5% to one-month low appeared on BitcoinEthereumNews.com. Key Takeaways The Shanghai Composite Index dropped 1.5%, hitting its lowest level in a month. Fluctuations were primarily driven by the central bank maintaining its lending rates and uncertain market sentiments. The Shanghai Composite Index, China’s primary stock market benchmark, fell 1.5% during Friday’s session to reach its lowest point in a month. The index reflects the performance of stocks traded on the Shanghai Stock Exchange and has experienced recent fluctuations influenced by unchanged central bank lending rates and mixed market sentiments. Brokerage stocks have experienced notable fluctuations amid the recent market movements, contributing to the overall decline in the benchmark index. The Shanghai Composite has faced pressure despite ongoing policy support and previous investor confidence in economic stimulus measures. Source: https://cryptobriefing.com/shanghai-composite-index-falls-one-month-low/

Author: BitcoinEthereumNews
Important news from last night and this morning (November 20-21)

Important news from last night and this morning (November 20-21)

Jesse Creator Coin was targeted immediately upon launch, with 26% of the supply being bought up in the same block, generating $1.3 million in arbitrage profits. According to Arkham tracking data, Base co-founder and protocol lead Jesse Pollak's creator token was targeted on its launch day. After 50 million tokens were injected into the liquidity pool, 262 million tokens (26% of the supply) were bought up in the same block. Two attacker addresses profited approximately $707,700 and $619,600 respectively. Address 0x9F59…d8bB purchased a 7.6% share for $191,000, paid a $44,000 tip to the Base sequencer, and then sold all of it, making a profit of approximately $619,600. This action was achieved through Flashbots deployed on the Base chain, allowing users to preview the next block's transaction content. A Bitcoin whale's short position has yielded a floating profit of over $57 million. According to data tracked by Onchain Lens, a certain whale currently holds a 20x leveraged short position in Bitcoin, with a floating profit of $30 million and an additional $9 million profit through funding fees, for a total return of approximately $57 million. CZ's counterparty, the whales holding long positions in ETH/XRP/DOGE, have all turned from profit to loss, with current unrealized losses exceeding $32 million. According to on-chain data monitoring, the whale who previously profited $10.66 million from shorting ASTER and then went long on ETH/XRP/DOGE has now incurred a floating loss of over $32 million. Specifically, his 15x leveraged Ethereum long position has a floating loss of $19.91 million (he cut his losses by selling 5,000 ETH six hours ago due to a market downturn, with the current liquidation price at $2,539.51), his 10x leveraged XRP long position has a floating loss of $11.85 million, and his 5x leveraged DOGE long position has a floating loss of $1,259. Since the "1011 flash crash," he has made over $39.88 million through seven shorting operations, but his subsequent long positions have turned his profits into losses. A whale that sold at a loss five days ago withdrew 57,700 ETH from Binance this morning. According to Ember, an institution/whale sold 70,000 ETH (approximately $223 million) five days ago at an average price of $3,188, profiting $24.48 million from short selling. Today, it has turned to long positions. Five hours ago, it transferred $153 million USDT to Binance and withdrew 57,700 ETH (approximately $162 million), buying at an average price of $2,820. Currently, it holds a total of 432,000 ETH (approximately $1.24 billion), with an overall average holding price of $3,332, resulting in a floating loss of approximately $200 million. Sign launches a sovereign nation Layer 2 solution based on BNB Chain, supporting stablecoins and RWA on-chain. The Sign team has released the "SIGN Stack," a sovereign Layer 2 architecture built on BNB Chain and opBNB, designed specifically for national deployments of digital infrastructure and compliant stablecoins. This solution features customizable sequencer permissions, a DID identity system, gas-free stablecoin transfers, and the ability to put national physical assets (RWA) onto the blockchain. The goal is to establish BNB Chain as the settlement layer for global sovereign blockchain infrastructure. MOVE's buyback tokens continue to flow back into the company, with Movement transferring another 50 million tokens to Binance. According to Ember, the Movement project team transferred another 50 million MOVE tokens (approximately $2.51 million) that had been repurchased to Binance today. Previously, the project conducted a $38 million buyback in March as required by regulations, during which 180 million MOVE tokens were withdrawn from Binance to a public address, with an average buyback price of approximately $0.21. Currently, 115 million MOVE tokens (approximately $10.91 million) have flowed back to Binance. OpenAI launches ChatGPT group chat feature for users worldwide. According to an OpenAI announcement, the ChatGPT group chat feature is now officially available globally, for all logged-in users, including Free, Go, Plus, and Pro subscription plan users. This feature had previously been piloted with early adopters. Japanese and South Korean stock markets opened lower, with the South Korean stock index falling more than 2%. The Nasdaq closed down more than 2% overnight, with Japanese and South Korean stock markets following suit. South Korea's KOSPI index opened down 104.05 points, or 2.6%, at 3900.8 on Friday, November 21. Japan's Nikkei 225 index opened down 505.53 points, or 1.01%, at 49318.41 on Friday, November 21. US stocks closed: Nasdaq fell more than 2%, Nvidia opened higher but closed lower. U.S. stocks closed lower on Thursday, with the Dow Jones Industrial Average down 0.84%, the S&P 500 down 1.55%, and the Nasdaq Composite down 2.15%. Nvidia (NVDA.O) fell 3.1%, after rising as much as 5% during the session, Micron Technology (MU.O) fell more than 10%, and Oracle (ORCL.N) fell more than 6%. Blockchain concept stocks generally declined, with Coinbase falling more than 7% and Circle falling about 4%. Director of the Trading and Markets Division of the U.S. Securities and Exchange Commission: "Trustless" mechanisms for digital assets need to operate in "trusted" markets. Jamie Selway, Director of the Trading and Markets Division of the U.S. Securities and Exchange Commission (SEC), stated at the SIFMA Market Structure Conference that although crypto assets are built on a "trustless" decentralized mechanism, healthy trading still depends on a market structure based on "trust." Selway pointed out that the SEC will promote clear regulatory rules through "Project Crypto," supporting competition and innovation, and avoiding regulatory distortions that could distort fair market competition. He emphasized that policymakers should treat all market participants, old and new, fairly, and that the market itself is the ultimate arbiter of value. Bitmine purchased another 17,242 ETH, worth approximately $49.07 million. According to Onchain Lens monitoring, Bitmine has further purchased 17,242 ETH from FalconX and BitGo, which is worth approximately $49.07 million at the current price. Kalshi raised $1 billion in funding at a valuation of $11 billion, led by Sequoia and CapitalG. According to TechCrunch, citing sources familiar with the matter, prediction market platform Kalshi has completed a $1 billion funding round, valuing the company at $11 billion. The round was led by Sequoia and CapitalG. This funding round comes less than two months after its previous $300 million round, valuing the company at $5 billion. Kalshi allows users to place bets on various events and operates within legal boundaries, with annualized trading volume exceeding $50 billion. Its main competitor, Polymarket, is also reportedly planning a funding round with a valuation of $12-15 billion. The US government transferred assets seized in the FTX and Bitfinex hacks to a new wallet address. According to Onchain Lens monitoring, the US government transferred some of the assets seized in the FTX-Alameda and Bitfinex hacks to new wallets in the past 6 hours, including 15.13 million TRX (approximately US$4.2 million), 545,000 FTT (approximately US$348,900), 744,000 KNC (approximately US$206,800), and 1,066 WETH (approximately US$3.01 million). Coinbase will launch a spot trading pair for BOB (BOBBOB). According to Coinbase Markets, BOB (BOBBOB) will be listed on the Coinbase platform on November 20th (Eastern Time). If liquidity conditions are met, the BOBBOB-USD trading pair will be launched on the same day. ANPA, a US-listed company, plans to purchase up to $50 million worth of EDU tokens within 24 months. According to an announcement by Animoca Brands, Open Campus and Animoca Brands have entered into a strategic partnership agreement with Nasdaq-listed ANPA (Rich Sparkle Holdings). ANPA will purchase up to $50 million worth of EDU tokens through marketplace and OTC transactions over the next 24 months as part of its EduFi (education finance) market strategy. Animoca Brands will provide $3 million worth of EDU tokens to support this partnership. This strategy aims to promote the institutional application and sustainable financing of blockchain in the education sector and expand the practical use cases of EDU tokens. A whale deposited all of its UNI holdings, which it had held for 5 years, into Binance, expecting to lose $11.7 million. According to Onchain Lens monitoring, a whale deposited all 512,440 UNI tokens into Binance after holding them for five years, worth $3.64 million. This operation now faces a loss of $11.7 million. The whale initially withdrew these UNI tokens from Binance at a cost of $15.34 million. The "whale that hoarded cryptocurrency through revolving loans" liquidated 18,517 ETH in the past two days, incurring a loss of $25.29 million. According to on-chain analyst Yu Jin, a "whale that hoarded WBTC and ETH at high prices through revolving loans" sold off 18,517 ETH (worth $56.45 million) in two days to avoid liquidation, resulting in a loss of $25.29 million. After selling off the ETH, the remaining 1,560 WBTC also suffered significant unrealized losses: with a cost price of $116,762, the unrealized loss was $41.12 million. U.S. Congressman Warren Davidson introduced the "Bitcoin for America Act". According to Bitcoin Magazine, U.S. Congressman Warren Davidson has introduced the "Bitcoin for America Act," which aims to codify the executive order on strategic Bitcoin reserves and eliminate capital gains tax on the use of Bitcoin for tax purposes. Coinbase launches ETH-secured loans through Morpho, allowing users to borrow up to $1 million. According to The Block, Coinbase has expanded its on-chain lending product to support Ethereum as collateral, allowing eligible customers to borrow up to 1 million USDC without selling their cryptocurrency. These loans are powered by the Morpho lending protocol on the Base chain, with Coinbase providing the user interface. ETH is the first of several collateral assets Coinbase plans to support, aiming to serve long-term holders seeking liquidity for down payments or debt refinancing while avoiding tax triggers. Initially, ETH-collateralized loans will use WETH as collateral, with later support for pledged ETH, which will be converted to cbETH as the underlying collateral token. The service is coming soon. There is no fixed repayment schedule; borrowers can avoid liquidation by maintaining a healthy loan-to-value (LTV) ratio, up to 75% of their LTV. Liquidation will be triggered when the LTV reaches 86%, the same ratio as for BTC-collateralized products. Loan interest rates are determined by supply and demand on Morpho, and the loan proceeds cannot be traded on the Coinbase platform. The service is currently available to verified users in the United States (excluding New York State), with plans to expand to international users in the future. MegaETH will launch a pre-deposit cross-chain bridge on November 25th, with a total cap of $250 million. According to official news, MegaETH will launch a pre-deposit cross-chain bridge on November 25th. All users who have completed the public sale registration for MEGA tokens on the Sonar platform and do not reside in countries on the restricted list are eligible to participate in the USDm pre-deposit. Users can only participate using one wallet, and that wallet must have been verified on Sonar for the MEGA token public sale. Pre-depositors will receive relevant benefits from the rewards program. There is no upper limit to individual deposits, and they are processed on a first-come, first-served basis, but the total limit for the entire program is $250 million. After depositing, users will receive USDm directly in the same wallet address on the first day of the MegaETH mainnet launch, at a 1:1 ratio, without restriction or conditions. The eligible deposit asset is USDC on the Ethereum mainnet. Users cannot withdraw their deposits before the USDm is distributed and must wait for the USDm to be distributed on the MegaETH mainnet. FG NEXUS has reduced its holdings by approximately 10,000 ETH since the end of Q3, and currently holds approximately 40,000 ETH. According to Globenewswire, Ethereum treasury company FG NEXUS released its Q3 financial report, stating that it held 50,778 ETH at the end of Q3, but as of November 19, it held 40,005 ETH, a reduction of approximately 10,000 ETH. In addition, the company also disclosed holding approximately $37 million worth of cash and USDC. Nillion: A market maker sold NIL tokens without authorization. We are taking countermeasures and pursuing legal action. Nillion, a computer network operating in the blind, posted on its X platform: "It has been confirmed that a market maker sold NIL tokens without legal authorization from the Nillion Association. Subsequently, during the flash crash and for several hours afterward, the market maker refused to respond to any communication from the team. Nillion is taking immediate action, and the Nillion Association has begun using its reserves to buy back the sold tokens. Nillion also promises to use all funds recovered from the unauthorized sale of tokens by the market maker to buy back more NIL tokens. Nillion stated that it is actively pursuing legal action and working with its exchange partners to ensure that all accounts and wallets related to this incident have been frozen." Earlier today, reports indicated that Nillion tokens had fallen by over 60% at one point. Federal Reserve's Hamak: Rate cuts could prolong high inflation. According to Jinshi News, Federal Reserve official Hamak stated that interest rate cuts could prolong high inflation and also encourage risky behavior in financial markets. Ray Dalio: Bitcoin accounts for about 1% of my personal investment portfolio, and I believe it is unlikely to become a reserve currency for major countries. According to *Walter Bloomberg, Bridgewater Associates founder Ray Dalio stated in an interview with CNBC: "I have long held a small amount of Bitcoin, about 1% of my portfolio, and it has always been that way. I have repeatedly expressed the same view about Bitcoin. I think the problem with Bitcoin is that it cannot become a reserve currency for major countries because it can be tracked, and theoretically, quantum computing could potentially control or crack it, and things like that." US nonfarm payrolls unexpectedly surged by 119,000 in September, making the Federal Reserve's interest rate decision more complex. According to Jinshi News, the UK financial commentary noted that the unexpected rebound in the US labor market in September, as reported by the US September non-farm payrolls report, will further complicate the Federal Reserve's decision on whether to cut interest rates next month. The report, released Thursday, showed an increase of 119,000 non-farm payroll jobs in September, exceeding not only the 50,000 predicted by economists surveyed by institutions but also significantly higher than the revised 22,000 in August. The unemployment rate rose to 4.4% from 4.3% in August, a new high since 2021. This report is the first economic health indicator released by the US Bureau of Labor Statistics since the record-breaking shutdown of the US federal government led to a halt in official data releases. The unexpectedly positive data will reinforce the stance of hawkish members of the Federal Open Market Committee, who have consistently warned the Fed against cutting rates too quickly. Following the data release, US Treasury yields and the dollar index both fell. Despite President Trump's long-term pressure on the Fed to cut rates, a deep division has emerged within the central bank: one faction advocates for continued rate cuts at the December meeting to support the labor market, while the other is concerned about the potential for increased inflation risks. The government shutdown has exacerbated the Federal Reserve's decision-making difficulties—the release of regular economic reports has been interrupted, and the Bureau of Labor Statistics announced on Wednesday that due to the stagnation of data collection during the shutdown, it will no longer release a separate October employment report, with some data being combined into the November report. The interest rate market is still pricing in a Fed rate cut in December. According to Jinshi News, the interest rate swap market indicates that a December rate cut by the Federal Reserve is unlikely. Following the release of the latest economic data, traders increased their bets on a Fed rate cut, but still expect the Fed to skip December. The combined U.S. nonfarm payrolls figure for July and August was revised down by 33,000. According to Jinshi News, the U.S. Bureau of Labor Statistics revised its July non-farm payrolls figure down by 7,000 to 72,000 from +79,000; and its August non-farm payrolls figure down by 26,000 to -4,000 from +22,000. The revised figures show that the combined job gains for July and August were 33,000 lower than before the revisions. The number of Americans filing for initial jobless claims in the week ending November 15 was 220,000, compared to an expected 230,000. According to Jinshi News, the number of initial jobless claims in the United States for the week ending November 15 was 220,000, compared to an expected 230,000. The US unemployment rate was 4.4% in September, below the expected 4.30%. According to Jinshi News, the US unemployment rate in September was 4.4%, compared to an expected 4.30% and a previous reading of 4.30%. U.S. nonfarm payrolls increased by 119,000 in September, below the expected 50,000. According to Jinshi News, the seasonally adjusted non-farm payrolls in the United States in September were 119,000, below the expected 50,000 and the previous value was revised from 22,000 to -4,000. Binance Alpha will list ULTILAND (ARTX) According to the official announcement, Binance Alpha will list ULTILAND (ARTX) on November 21st. Eligible users can claim airdrops using Binance Alpha Points on the Alpha event page after Alpha trading opens. Further details will be announced separately. Market news: Polymarket plans to raise a new round of funding at a valuation of $12 billion. According to market sources, prediction market Polymarket plans to raise a new round of funding at a valuation of $12 billion, an increase from its previous valuation of $10 billion. Tether announced an investment in Parfin, accelerating USDT adoption by institutional users in Latin America. According to its official blog, stablecoin issuer Tether announced an investment in Parfin, aiming to accelerate institutional adoption of the USD stablecoin USDT and enhance Latin America's access to efficient blockchain settlement solutions. Parfin is described as a Latin American digital asset custody, tokenization, trading, and management platform, providing financial institutions with tools to securely explore the potential of digital assets and blockchain technology. Aster: The total amount of ASTER buybacks has exceeded 155 million tokens, and the S3 airdrop will be available for claiming on December 15th. Aster announced on the X platform that it has completed the full buyback of S3 tokens, repurchasing a total of 55,720,650 ASTER. To date, the cumulative buyback volume has reached 155,720,656 ASTER. 50% of the repurchased tokens will be burned to reduce circulating supply and achieve long-term scarcity; this amounts to 77.8 million ASTER (approximately 1% of the total supply), and the burning date is December 5th. The burning transaction will be publicly disclosed on the blockchain. The remaining 50% of the repurchased tokens (77.8 million ASTER) will be used for future airdrops to reward long-term users, builders, and holders. The tokens will be transferred to an airdrop lock address for subsequent distribution. The S3 airdrop query will open on December 1st, and the S3 airdrop claiming will begin on December 15th. Furthermore, 60%-90% of the transaction fees generated by S4 will be used for buybacks, with the buyback starting on December 10th. The address ranked second on HyperLiquid's list of biggest losers has closed its ETH long positions, incurring a loss of $10.28 million. According to Onchain Lens monitoring, the address ranked second on the HyperLiquid loss list has completely closed its 6x leveraged long ETH position, incurring a loss of $10.28 million. After closing the long position, this whale has now opened a 6x leveraged short ETH position. Bybit Alpha Farm has opened a SOL-USDC liquidity staking pool with an annualized return of up to 91%. According to official news, Bybit Alpha Farm has now opened its SOL-USDC liquidity staking pool to all users via its web platform, offering annualized returns of up to 91%. Users can join the on-chain liquidity pool with a single click using their Bybit account, without needing a wallet or gas, and easily earn real on-chain rewards. As the world's first on-chain mining product launched by a centralized exchange, Alpha Farm is reshaping the industry landscape: bridging the deep gap between centralization and decentralization, making on-chain liquidity accessible, usable, and reliable, and opening up an unprecedented new channel for on-chain rewards for users worldwide. Hong Kong Securities and Futures Commission: Beware of suspicious investment products "Goldpay Token (GPT)" and "Gold Receipt (GR)" According to its official WeChat account, the Hong Kong Securities and Futures Commission (SFC) warned the public to be wary of suspicious investment products called "Goldpay Token (GPT)" and "Gold Receipt (GR)". These products involve digital tokens linked to physical gold. These investment products have not been approved by the SFC for sale to the Hong Kong public. The SFC noted that information about these products can be accessed by the Hong Kong public through their respective websites, social media accounts, and related mobile applications. Analysis: BitMine's $3.7 billion unrealized loss and its shrinking mNAV are threatening DAT's business model. According to a report by Cointelegraph, a research report released by 10x Research on Thursday shows that BitMine, the world's largest corporate Ethereum holder, is currently losing $1,000 per ETH relative to its average cost, with its total Ethereum holdings accumulating a floating loss of $3.7 billion. The report states that the declining net asset value (NAV) of corporate crypto treasuries makes it difficult to attract new retail investors, while many existing shareholders are effectively "trapped" unless they sell at a significantly lower price. When the premium inevitably falls to zero, investors find themselves trapped in this structure, unable to exit without suffering substantial losses. Unlike ETFs, digital asset treasuries (DATs) "are layered with complex, opaque, and often hedge fund-like fee structures that subtly erode returns." According to Bitminetracker data, BitMine's basic mNAV is 0.77, and its diluted mNAV is 0.92. BitMine holds approximately 3.56 million ETH, worth about $10.7 billion, representing 2.94% of the total Ethereum supply. The company's average cost basis is $4,051 per ETH. Other digital asset treasury companies also saw significant declines in their mNAV, including Strategy, Bitmine, Metaplanet, Sharplink Gaming, Upexi, and DeFi Development Corp. GAIB launches official buyback program in response to external institutions selling tokens ahead of schedule. GAIB, an AI and robotics infrastructure economic layer project, issued an official statement today regarding the premature sale of tokens by external institutions on the day of TGE, and announced the launch of an official GAIB buyback program. In the statement, GAIB emphasized that the approximately five wallets identified by the community, each selling approximately 1 million GAIB tokens, were not affiliated with the team, advisors, or any internal entity. All tokens belonging to the team and core contributors are currently locked, and the GAIB team has not sold any tokens. An internal investigation revealed that these wallets belonged to external market institutions in multiple regions. According to their pre-TGE cooperation agreements, the tokens they received were only permitted for community activity incentives after launch and were explicitly prohibited from being sold prematurely. However, some institutions violated the agreement by selling tokens without authorization on the day of TGE, constituting a serious breach of contract. GAIB has formally notified the relevant institutions, demanding a full buyback of all sold GAIB tokens, on-chain buyback certificates, and acceptance of all consequences of the breach. However, the relevant institutions have not provided a clear response. GAIB will immediately launch an official buyback program, with the team directly repurchasing the improperly sold tokens on the market to ensure that the community's interests are not affected by any third-party actions. In its statement, GAIB said, "We will not leave the community to bear any consequences. The buyback program is our commitment to responsibility and transparency." GAIB will release an update to the community as soon as it obtains further details on the buyback implementation. Bitcoin Core passed its first third-party security audit and no serious vulnerabilities were found. According to Cointelegraph, Bitcoin Core has passed its first third-party security audit, confirming that the software securing the Bitcoin network is highly mature and that no serious vulnerabilities were found. The audit was conducted by the French security firm Quarkslab, commissioned by the Open Source Technology Improvement Fund (OSTIF) and implemented on behalf of Brink, the Bitcoin Core development funding organization. During the 104-day audit period from May to September, auditors evaluated the most sensitive components of the project, focusing particularly on the P2P layer and block verification logic. The report notes that despite the large size of Bitcoin Core's codebase, containing over 200,000 lines of C++ code and more than 1,200 deployed test cases, the auditors assessed it as "the most mature and well-tested." The team found no high-severity or medium-severity vulnerabilities, only two low-severity issues, and a series of improvement suggestions primarily related to fuzzing tools and test coverage. These findings did not have any impact on the consensus mechanism, denial-of-service capabilities, or transaction verification. Metaplanet will issue $150 million in Class B perpetual preferred stock to increase its Bitcoin holdings. According to official sources, Japanese listed company Metaplanet has announced the issuance of $150 million worth of Class B perpetual preferred stock, "MERCURY." This stock will have a fixed annual dividend of 4.9% and a conversion price of 1,000 yen, which will be used to continue acquiring Bitcoin. GoPlus: Users who have received the DMT airdrop should promptly revoke authorization or transfer their assets to a secure wallet. GoPlus has issued a security alert: Users who claimed the DMT token airdrop from @dexmaxai are urged to immediately revoke authorization or transfer their assets to a secure wallet. Multiple users have reported being tricked into authorizing other tokens when claiming the DMT airdrop today, resulting in the theft of assets from thousands of users and the cross-chain transfer of over $130,000. The official @dexmaxai Twitter account and website have removed RUG. Investigations revealed that attackers tricked users into signing again when claiming the airdrop, thus obtaining authorization and subsequently transferring the authorized assets. After stealing the funds, the attackers used a cross-chain bridge to transfer the assets to ETH. Most of the stolen funds have flowed into HitBTC, with a small portion still on-chain. Swiss precious metals giant MKS PAMP plans to relaunch its gold token project. According to Bloomberg, Swiss precious metals giant MKS PAMP SA is relaunching its gold token offering six years after a failed initial attempt, aiming to capitalize on growing market interest in digital physical gold. MKS PAMP has acquired Gold Token SA to revive its digital gold project. MKS PAMP was one of the initial players in the 2019 launch of the DGLD token, a collaboration that also included CoinShares International Ltd. MKS PAMP CEO James Emmett stated that the initial launch was "premature," and the token remained largely dormant for many years afterward. This relaunch will involve the company's trading arm purchasing the tokens and providing liquidity on exchanges. MKS PAMP will issue DGLD tokens only to accredited institutions, who can then sell them on secondary cryptocurrency exchanges, operating similarly to other gold tokens. According to the company, the tokens can be redeemed for a corresponding amount of physical gold in quantities as low as 1 gram.

Author: PANews
PBOC sets USD/CNY reference rate at 7.0875 vs. 7.0905 previous

PBOC sets USD/CNY reference rate at 7.0875 vs. 7.0905 previous

The post PBOC sets USD/CNY reference rate at 7.0875 vs. 7.0905 previous appeared on BitcoinEthereumNews.com. On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0875 compared to the previous day’s fix of 7.0905 and 7.1154 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese Communist Party (CCP) Committee Secretary, nominated by the Chairman of the State Council, has a key influence on the PBoC’s management and direction, not the governor. However, Mr. Pan Gongsheng currently holds both of these posts. Unlike the Western economies, the PBoC uses a broader set of monetary policy instruments to achieve its objectives. The primary tools include a seven-day Reverse Repo Rate (RRR), Medium-term Lending Facility (MLF), foreign exchange interventions and Reserve Requirement Ratio (RRR). However, The Loan Prime Rate (LPR) is China’s benchmark interest rate. Changes to the LPR directly influence the rates that need to be paid in the market for loans and mortgages and the interest paid on savings. By changing the LPR, China’s central bank can also influence the exchange rates of the Chinese Renminbi. Yes, China has 19 private banks – a small fraction of the financial system. The largest private banks are digital lenders WeBank and MYbank, which are backed by tech giants Tencent and Ant Group, per The Straits Times. In 2014, China allowed domestic lenders fully capitalized by private funds to operate in the state-dominated financial sector. Source: https://www.fxstreet.com/news/pboc-sets-usd-cny-reference-rate-at-70875-vs-70905-previous-202511210115

Author: BitcoinEthereumNews
Core Secures Court Injunction Against Maple Finance in Dispute Over BTC Yield Products

Core Secures Court Injunction Against Maple Finance in Dispute Over BTC Yield Products

Core Foundation has obtained a sweeping court order blocking Maple Finance from advancing a competing Bitcoin yield product, escalating a dispute that has been brewing since early 2025. The decision, issued by the Grand Court of the Cayman Islands, restricts Maple from launching its new offering, $syrupBTC, and bars transactions involving $CORE tokens for the [...]

Author: Null TX