According to Yonhap News Agency, on November 28th, Lee Eun-woon, Chairman of the Financial Services Commission of South Korea, stated at the 19th Anti-Money Laundering Day commemoration ceremony of the Financial Intelligence Analysis Institute that the scope of the "travel rule," also known as the "cryptocurrency real-name system," will be expanded to include transactions under 1 million won (approximately US$680). He emphasized that money laundering activities using virtual asset transactions will be severely cracked down on, and virtual asset transactions with overseas exchanges with high money laundering risks will be prohibited. Furthermore, a strict review mechanism will be established to comprehensively examine the criminal records, financial status, and social creditworthiness of major shareholders of virtual asset businesses.

Huoxun Finance News, November 28th - BinanceAlpha will open its Alpha airdrop for collection at 16:00 (UTC+8) today. Users with at least 252 Alpha points can claim tokens on a first-come, first-served basis.

According to Decrypt, a South Korean police chief and senior police officer have been charged with accepting bribes from an illegal cryptocurrency exchange operator, implicated in a $186 million (approximately 249.6 billion won) money laundering scheme involving voice scams. Both have been dismissed and indicted. Prosecutors allege that between July 2022 and February 2024, the two officers received approximately $59,000 (79 million won) and $7,500 (10 million won) in cash and luxury goods, respectively, to assist the criminal gang by providing investigative information, unfreezing accounts, introducing lawyers, and coordinating law enforcement resources. The criminal network converted funds obtained from voice scams into Tether (USDT) through an illegal cryptocurrency exchange masquerading as a gift certificate shop. Prosecutors have frozen approximately $1.1 million (1.5 billion won) in illicit assets, including $600,000 (800 million won) in USDT, estimating the total proceeds of the crime at approximately $8.4 million (11.2 billion won). Similar cases are also frequently reported globally. In July of this year, the anti-corruption agency in Karnataka, India, discovered that two police officers attempted to launder bribes using cryptocurrency; in March, senior members of Iran's Islamic Revolutionary Guard Corps were accused of misappropriating $21 million in crypto assets during an investigation of the cryptocurrency exchange Cryptoland.

According to Huoxun Finance on November 28, a trader who made over $10 million in profit opened a 3x long position in BTC worth approximately $84.19 million on the Hyperliquid platform.

Huoxun Finance News, November 28th - The MEXC Foundation announced a donation of HK$5 million to Hong Kong to support rescue and reconstruction efforts following the Tai Po fire, helping affected residents overcome difficulties and rebuild their homes. The MEXC Foundation stated that it will implement the donation through appropriate channels and will continue to monitor the progress of the reconstruction. At the same time, the Foundation expressed its deepest condolences to all affected residents and paid the highest tribute to the firefighters and rescue personnel fighting on the front lines, thanking them for their dedication and sacrifice. Related reading: Boundless Love: List of Corporate Donors for Tai Po Fire in Hong Kong (Continuously Updated)

On November 28th, Odaily reported that UniSat, a Bitcoin ecosystem service provider, announced that its developer API service now officially supports a low-fee transaction mode of "less than 1 sat/vB" and simultaneously launched a one-month fee discount program, during which developers can enjoy an annual API service discount of up to 60%. This program will last until 16:00 Beijing time on December 23rd. This API upgrade primarily optimizes transaction costs for the Bitcoin and Fractal networks. Developers can now use the interface to broadcast transactions, query UTXOs, and perform composing operations at a fee of less than 1 sat/vB. This function supports processing up to 500 low-fee UTXO records per request, providing developers with a cost control solution. It is understood that as a Bitcoin ecosystem infrastructure operating for over three years, the UniSat API continuously provides complete on-chain data query services for multiple mainstream Bitcoin protocols such as Ordinals, Runes, and Alkanes. The system currently has a processing capacity of 500 requests per second and has completed more than 11 billion request responses. It offers multi-tiered service packages from professional to enterprise versions and pay-as-you-go billing models.

Odaily reports that Binance Wallet today announced the integration of Monad Network, allowing users to seamlessly exchange, cross-chain, and manage Monad assets within the wallet.

Huoxun Finance News, November 28th - According to DEGENNEWS, CME Group futures trading has been suspended for over four hours. Just over two hours ago, CME Group posted on its X platform: "Due to a cooling system failure at the CyrusOne data center, our market is currently suspended. Our technical support team is working to resolve the issue as quickly as possible."

Huoxun Finance News, November 28th - According to official sources, $ROCK has completed a large-scale buyback and burn, burning a total of 1.94 billion ROCK tokens (approximately 3.498 million USDT). Benefiting from the continued deflationary effect, $ROCK has performed exceptionally well in the market, currently trading at 0.00192 USDT, with a cumulative increase of 45% this month. ROCK has risen nearly 20 times from its bottom. Since ROCKDAO launched its BNB buyback program, the regular burning mechanism has effectively promoted a virtuous cycle in the decentralized ecosystem. As the burning program continues, the token's scarcity will be further highlighted, creating long-term value for holders.

According to crypto analyst Ai Yi (@ai_9684xtpa), address 0x4ED...bC853 (which previously bought WBTC at a high of around $116,500 in early November) has again stopped its losses and sold off its holdings after a week. On-chain data shows that this address sold 100 WBTC at an average price of $91,333.4 ETH 11 hours ago, for a total transaction amount of approximately $9.13 million, resulting in a loss of approximately $2.517 million. This large holder had previously sold 17,497 ETH in batches between November 17th and 21st, accumulating losses of $18.4 million. Recently, it has been further reducing its WBTC holdings and currently still holds 1,210 WBTC (worth approximately $110 million), with a paper loss of approximately $30.91 million.

Odaily Planet Daily reports that Cronos has officially subscribed to DoraHacks BUIDL AI, launching the x402 payment technology hackathon with a prize pool of $42,000, focusing on AI-native and agent payment applications. This move marks a strong comeback for the Cronos public chain ecosystem, leveraging its 10x lower gas, near-instantaneous block generation, and AI Agent SDK to aggressively recruit global entrepreneurs to build an AI-driven financial hub. Following AWS and Circle, Cronos will utilize BUIDL AI's intelligent infrastructure to efficiently connect global tech enthusiasts in the intersection of PayFi and AI, accelerating ecosystem reconstruction and innovation implementation.

Odaily Planet Daily reports that the Binance Alpha Vision (VSN) airdrop is now live. Users holding at least 252 Binance Alpha Points can claim 400 VSN tokens on a first-come, first-served basis. If the event continues, the points threshold will automatically decrease by 5 points every 5 minutes. Note that claiming the airdrop will cost 15 Binance Alpha Points, and users must confirm their claim within 24 hours on the Alpha event page; otherwise, they will forfeit their airdrop eligibility.

Odaily Planet Daily reports that South Korean prosecutors have indicted two police officers on charges of bribery and aiding and abetting money laundering, alleging they assisted a criminal gang in a cryptocurrency money laundering case involving $186 million (approximately 249.6 billion won). The investigation revealed that the two officers received monetary rewards from illegal cryptocurrency exchange points and provided the gang with investigative intelligence, assistance in unfreezing accounts, introductions to lawyers, and connections with other law enforcement personnel. Authorities have currently frozen approximately $1.1 million (1.5 billion won) in related assets. The money laundering network was organized by a mastermind and a person claiming to be CEO, "A." Between January and October 2024, they recruited members and opened cash exchange points disguised as "gift certificate shops" in busy areas such as Yeoksam-dong in Gangnam-gu, Seoul, exchanging funds obtained through voice scams for USDT. To conceal their illegal activities, the exchange points even posted signs warning against voice scams. (Decrypt)

According to court documents, Qian Zhimin purchased a total of 194,951 bitcoins, far exceeding the 61,000 bitcoins previously known to the police. However, the court did not disclose the whereabouts of the remaining 120,000 bitcoins. London Metropolitan Police detective Joe Lane told British media that Qian Zhimin claimed a wallet containing approximately 20,000 bitcoins had its password lost. Based on current market prices, this portion of bitcoins alone is worth approximately 12.5 billion yuan. (China News Weekly)

Huoxun Finance News, November 28th – According to official news, South Korean gaming giant Wemade has partnered with CertiK, the world's largest Web3 security company, to officially launch the Global Korean Won Stablecoin Alliance (GAKS). Representatives from CertiK were invited to Singapore to attend the alliance launch ceremony, led by Wemade. Chainalysis, SentBe, and other companies have also joined, and the alliance will continue to promote the global development of the Korean Won stablecoin ecosystem. As a GAKS member, CertiK will provide Wemade with blockchain explorer technology support, security auditing services for the StableNet mainnet, and optimization of node verification and on-chain monitoring, comprehensively ensuring the security and reliability of the stablecoin's core infrastructure. It is understood that StableNet is a dedicated blockchain mainnet and infrastructure built by Wemade for the Korean Won stablecoin, and is also the first dedicated mainnet infrastructure in South Korea covering the entire lifecycle of the Korean Won stablecoin. Both parties will establish a long-term cooperation framework focusing on key areas such as mainnet technical support and stablecoin core infrastructure (including security and compliance), jointly promote the implementation of the Korean Won stablecoin in payment, trading, and cross-border applications, and work together to create a mature, secure, and efficient digital asset ecosystem, thereby enhancing its competitiveness and influence in the global blockchain and digital asset field.

According to official sources, Bitget will donate HK$12 million to Hong Kong to support emergency rescue, assistance to affected families, and post-disaster reconstruction efforts following the Hung Fook Court fire. The donation will be handled and implemented by three reputable local charitable organizations: Yan Chai Hospital (Hong Kong) – HK$5 million, to assist with emergency medical support, treatment costs for the injured, and necessary health and rehabilitation support for affected families. Salvation Army Hong Kong – HK$3.5 million, to provide financial assistance, temporary accommodation, living supplies, and basic post-disaster reconstruction services to help affected families return to normal life as quickly as possible. Po Leung Kuk (Hong Kong) – HK$3.5 million, to provide community support, psychological counseling, family assistance, and follow-up social work after the fire to help affected residents through the transition period. Bitget stated that it hopes every penny of the donation will be used transparently, promptly, and effectively. Through this donation, Bitget aims to work with local charitable organizations to provide timely and practical support to affected residents, helping the community rebuild and return to normal life as quickly as possible.

Huoxun Finance News, November 28th - According to an official announcement, Binance has announced that it will offer higher annualized yields for Binance ETH Staking (WBETH) and Binance SOL Staking (BNSOL) for a limited time until the end of 2025. Users who subscribe to the following products before December 31, 2025, can enjoy higher annualized interest rates: ETH Staking: up to 2.6% annualized yield; SOL Staking: up to 5.6% annualized yield.

According to Odaily Planet Daily, the founder of Infinex stated on social media that the core purpose of the team's push for the return of ICOs is not to guarantee profits for all participants, but rather to replace the previous "low liquidity, high FDV" project issuance model. He pointed out that under the old model, almost no retail investors could make money; "apart from the three VCs, nobody made any money." The return of ICOs aims to improve this structural unfairness, allowing more participants to have a more reasonable entry point and price discovery at an early stage.

Odaily Planet Daily reports that 10x Research points out that while most investors still view the market as a "price game," the underlying structural changes in Web3 are profoundly reshaping asset pricing logic. The report states that emerging Layer 1 ecosystems are, for the first time, demonstrating a quantifiable relationship between "user activity and long-term value," while deflationary mechanisms and continuous ecosystem incentives are redefining the yield structure of crypto assets. 10x Research believes the market may be shifting from a purely speculative cycle to a phase driven by fundamentals and network growth, proposing two potential profit paths: a 35% upside or a 79% upside, depending on investor positioning. The team states that this could be "one of the most undervalued structural opportunities" in the current cycle.

Odaily Planet Daily reports that Binance Alpha is reminding users to prepare for today's airdrop claim event, which begins at 16:00 (UTC+8). During the event, users holding at least 252 Binance Alpha Points can claim the airdrop tokens on a first-come, first-served basis before the airdrop pool runs out or the event expires. The official statement says that specific airdrop token information and more details will be announced later; users can follow Binance's official channels for the latest updates.