Morning News | The UK FCA has opened a regulatory sandbox for stablecoins. Korean exchange Upbit has

The price of gold has surpassed the historical high of $2,800 per ounce. Fear of risk-taking sentiment is increasing.

Market updates.

Market conditions yesterday.

Many institutions have donated money to Hong Kong to support emergency relief and reconstruction efforts after the fire.

According to official reports, HashKey Group announced a sudden donation of HK$10 million to assist with emergency aid and housing assistance for residents affected by the fire in Tai Po, Hong Kong. HashKey Group said, “We express our deep respect for the rescue workers who are working hard on the front lines. We will continue to monitor the situation and do our best to help those affected recover from this disaster. We pray for safety.”

OKX also donated HK$10 million to support emergency relief and post-disaster recovery efforts in Hong Kong.

Binance announced that it will donate HK$10 million to support disaster relief and subsequent reconstruction efforts in Hong Kong. Binance stated that it will make donations to the disaster area through appropriate channels, aiming to help residents of Hong Kong’s Hong Fu Court rebuild their homes. Binance also expressed its condolences to all the people affected by the fire in Tai Po.

Avenir Group and its charitable foundation, Avenir Foundation, announced a donation of HK$10 million to support emergency relief, housing assistance, and community recovery efforts after the fire in Tai Po. Avenir Group expressed its concern over this incident and paid tribute to the firefighters, paramedics, and other personnel involved in the rescue efforts. The donations will be used to provide immediate support, including basic necessities, temporary accommodation, and assistance with community reconstruction. It is hoped that these donations will help alleviate the suffering of affected families and help the community return to normal as soon as possible.

● 英国FCA开放稳定币监管沙盒，债务管理办公室探索扩大国库券市场规模

英国金融行为监管局(FCA)宣布在监管沙盒中设立稳定币专案组，申请时间开放至2026年1月18日。同时，据彭博报道，英国债务管理办公室正研究扩大英国国库券市场规模，此举或将与稳定币储备结构相关联。

● 英国财政大臣秋季声明未增加加密税，但监管趋严

英国财政大臣Rachel Reeves在最新秋季声明中未对加密货币提出新的税收增加，保持了加密资产与其他资产类别相同的税收待遇。然而，政府正推进更严格的报告和监管措施，包括即将于2026年实施的Crypto-Asset Reporting Framework(CARF)全球税收透明系统。行业人士对创业支持措施表示欢迎，但警告称英国整体税收和监管环境可能削弱其在金融科技和数字资产领域的全球竞争力。专家担忧，缺乏足够激励措施可能导致高增长的金融科技、AI和Web3企业选择在其他司法管辖区发展，进一步加剧英国近期观察到的人才外流现象。

● Uniswap“UNIfication”提案以压倒性优势通过初步投票，启动1550万美元漏洞赏金计划

The “UNification” governance proposal for Uniswap has received support from over 63 million UNI tokens in the preliminary snapshot voting, with almost no objections. The proposal aims to unify Uniswap Labs and Uniswap Foundation under a coordinated governance framework, while also activating the protocol-level fee mechanism. Currently, a $15.5 million bounty program for discovering vulnerabilities in the system has been launched, targeting new smart contracts that facilitate on-chain voting scheduled for next week.

● South Korean exchange Upbit reported a theft of 44.5 billion Korean won (approximately $30 million). The incident involved digital assets on the Solana network. Upbit discovered the anomaly at 4:41 AM on November 27th and reported it to regulatory authorities. Korean police and financial regulators are currently investigating the case, which is expected to continue until May 5th. Upbit has stated that it will compensate customers for their losses using all of its resources, ensuring that users suffer no losses. Previously, Upbit announced that approximately 54 billion Korean won in currency had been transferred to an unknown wallet.

● The Mantle network has introduced a cross-chain stablecoin service called USDT0, enabling seamless transfers between EVM ecosystems.

Today, the Mantle network announced the official launch of USDT0 on its platform. This service allows for smooth transfers between different EVM ecosystems without any need for additional packaging or measures to address liquidity gaps. It also reduces transaction costs.

Mantle has partnered with Bybit, becoming the first cross-border stablecoin standard network driven by exchanges. Users can enjoy seamless cross-chain transfers and settlement of USDT on this platform, as well as access to DeFi applications that support full-chain stablecoins.

This network provides high-speed, low-cost infrastructure suitable for large-scale DeFi and RWA applications, thereby enhancing the capital efficiency of the blockchain economy and laying the foundation for further development in blockchain finance.

● Uniswap now supports the Monad mainnet

Uniswap Labs announced that it has added support for the Monad mainnet, allowing users to exchange tokens across chains within the Uniswap app.

● Do Kwon requests a prison sentence of no more than five years from the US court

According to Bloomberg, Do Kwon, co-founder of Terraform Labs Pte., has requested a prison sentence of no more than five years from the US court due to his involvement in the fraud case related to the collapse of the TerraUSD stablecoin worth $4 billion in 2022. Kwon pleaded guilty to charges of conspiracy and telecommunication fraud in August, thus avoiding trial. He was previously arrested in Montenegro and convicted for using a fake passport, which was a charge against him in South Korea. He was subsequently extradited to the United States.

● VanEck has once again pledged 12,600 ETH

According to Lookonchain’s monitoring, VanEck has once again pledged 12,600 ETH (approximately $37.9 million).

● Lido proposes a new development plan: shifting from a single-pledge product to a diversified DeFi platform

According to the official announcement, the Lido protocol has released a new proposal for amendments to the existing framework. This proposal outlines a plan to transition from a focus on single-product staking services to a more comprehensive portfolio of DeFi products. The proposal includes four key strategies: Regarding the fact that Tether purchased a large amount of gold last quarter, surpassing the purchases of several central banks, Paolo Ardoino, CEO of Tether, shared a tweet on the X platform. In this tweet, he clarified the market's misunderstanding that Tether prefers gold over Bitcoin. He stated, “Tether still loves Bitcoin.” It is reported that Tether currently holds approximately 87,475 Bitcoins. Since 2023, Tether has allocated around 15% of its profits to acquiring more Bitcoins. Purchasing gold means that Tether is not just a stablecoin issuer, but also a global enterprise group.

● California CalPERS, one of the largest state pension funds in the United States, holds shares of Strategy Corporation (Strategy, stock symbol: $MSTR), worth approximately $80 million.

● Sun Yat-sen accused First Digital Trust of fraud and urged Hong Kong’s regulatory authorities to take action.

Sun Yat-sen alleged that First Digital Trust exploited loopholes in the Hong Kong trust company system. After freezing assets related to suspected misappropriation at the Dubai Court, he urged Hong Kong’s regulatory authorities to take action.

● Over the past 24 hours, Monad network stablecoins received inflows worth $3.8 billion.

According to market reports, over the past 24 hours, Monad network stablecoins received inflows worth $3.8 billion, which is more than twice the $1.7 billion in inflows received by Ethereum.

● Out of the 76,021 wallets that received Monad tokens through airdrops, only 35.7% of them remain intact.

According to Adam's data, out of the 76,021 wallets that received Monad tokens, 52.4% have already sold or transferred their tokens. Only 35.7% still hold all of their allocated tokens.

● After 18 months, a certain whale reopened a position with 56.7 million USDT. Currently, they have a profit of 4.39 million USDT.

According to Onchain Lens, a certain whale opened a 18x BTC position again after 18 months. Currently, they have a profit of approximately 4.39 million USDT. The nominal size of this position is 56.7 million USDT, with an opening price of 84,306 USDT and a closing price of 78,642 USDT.

● Arthur Hayes has increased his holdings by 2 million ENA and 364,000 ETHFI.

According to OnchainLens, Arthur Hayes has continued to buy tokens from FalconX. Recent data shows that he has purchased 2 million ENA (worth 556,000 USDT), bringing his total holdings of ENA to 4.89 million units (approximately 1.37 million USDT). He also purchased 364,987 ETHFI (worth 287,000 USDT), increasing his total holdings of ETHFI to 696,000 units (approximately 543,000 USDT).

● Wormhole Foundation has purchased 5 million W tokens, which have been recorded in its balance sheet.

The Wormhole Foundation has purchased 5 million W tokens and has recorded them in its balance sheet.

● Naver and Dunamu plan to invest 6.8 billion USDT in developing AI and blockchain technology.

According to Theblock, Korean internet giant Naver and Dunamu, the parent company of Upbit, plan to invest 10 trillion Korean won (approximately 6.8 billion USDT) over the next five years to build the next-generation financial infrastructure based on AI and blockchain technology.

在周四举行的联合新闻发布会上，Dunamu总裁Song Chi-hyung表示，将建立涵盖支付结算和整个金融领域的"全新全球框架"。Naver CEO Choi Soo-yeon表示，公司看到了区块链普及和智能体AI转型交汇点的新机遇。

此前消息，NAVER正式宣布将通过股份交换方式收购Dunamu 100%股权。

● 自10.11市场下跌以来，Tether和Circle已累计铸造价值172.5亿美元的稳定币

据Lookonchain监测，Circle今日铸造12.5亿枚USDC。自10.11市场下跌以来，Tether和Circle已铸造价值172.5亿美元的稳定币。