[ECB selects 36 payment firms for digital euro pilot]

The European Central Bank has selected 36 payment service providers to take part in its digital euro pilot, NewsBTC reported. The ECB chose the participants from more than 50 applicants and plans to test-run the digital euro payment system for about 12 months starting in the second half of next year. The pilot will assess digital wallets, merchant payments, integration with existing financial systems, security and ease of use.
https://coinness.com/en/news/1174832

[South Korean police to store seized crypto with Upbit Custody]

Cryptocurrencies seized by South Korean police will be placed in outsourced custody with Upbit Custody, operated by Dunamu, starting today, Segye Ilbo reported.

The report said the system was introduced after repeated incidents in which crypto assets confiscated by police were lost. Going forward, seized crypto will be transferred to Upbit Custody and stored in cold wallets, which are not connected to the internet, until it is returned, provisionally returned, or sent along with a case. Once a case is referred, the crypto assets will be moved to an account linked to the public prosecution service. The police are also reviewing the creation of a new organization to strengthen expertise in cyber and scientific investigations.
https://coinness.com/en/news/1174833
See more: https://www.segye.com/newsView/20261109515729

[Progmat partners with Canton developer on tokenized Japanese government bonds]

Progmat, a Japanese platform for issuing and managing digital assets, has signed a memorandum of understanding with Digital Asset Holdings, the developer of the Canton blockchain, to build an on-chain trading and settlement system for real-world assets including Japanese government bonds, CoinPost reported.

The two companies plan to first connect Progmat’s digital asset issuance and management platform to the Canton network and then pursue the implementation of "tJGB," a tokenized form of Japanese government bonds designed to preserve the bonds’ legal character and settlement finality. The plan is to enable blockchain-based 24/365 settlement while maintaining the existing framework for transferring rights tied to government bonds.
https://coinness.com/en/news/1174834

[Binance Pool hash rate drops 65% ahead of Nov. 10 shutdown]

Binance Pool’s hash rate fell 65% to around 9.2 EH/s in October from about 26 EH/s in December last year ahead of the service’s shutdown on Nov. 10.

Of about 925 blocks generated on the Bitcoin network over the past week, Binance Pool mined just one, or 0.11%. Its last mined block was recorded at 1:15 a.m. UTC on Nov. 6 at block height 974,743, and it posted no mining results over the past 24 hours.
https://coinness.com/en/news/1174835

[Waves requires all node operators to update to v1.6.5]

Layer-one blockchain Waves announced that, for security reasons, all Waves node operators must complete a mandatory update to the latest version, v1.6.5. It directed operators to follow the release notes for the update procedure.
https://coinness.com/en/news/1174836

[Pendle launches interface for fund-level disclosures in RWA market]

Decentralized exchange Pendle said it has launched an RWA interface that provides fund-level disclosure information for the real-world asset market. The platform’s PENDLE buybacks have surpassed 3 million PENDLE, or six times the V2 issuance. STRCx on Pendle has risen above $50 million to a record high, with about 30% of total STRCx supply on the platform.
https://coinness.com/en/news/1174837

[Coinbase obtains U.S. federal trust bank license]

Coinbase has obtained a National Trust Bank license from the U.S. Office of the Comptroller of the Currency, CoinDesk reported today. Earlier, Coinbase National Trust, a Coinbase subsidiary, received conditional approval from the OCC in April.
https://coinness.com/en/news/1174838

[3 key Bitcoin market watch points for this week]

Cointelegraph outlined three key factors to watch in the Bitcoin market this week.
- Whether BTC holds support at the 21-week moving average of $73,078
- How Nvidia CEO-related risk and volatility in Nasdaq futures could affect the crypto market
- Market volatility tied to upcoming macro data releases, including the U.S. Consumer Price Index and Producer Price Index
https://coinness.com/en/news/1174839

[13 of 15 buyback-model tokens have outperformed BTC this year: DWF Labs]

Of 15 tokens that have operated or announced buybacks or other holder value-return mechanisms this year, 13 have outperformed Bitcoin in year-to-date returns, according to a DWF Labs report.

The report said HYPE and PUMP posted the strongest returns in the group, with 95% to 99% of revenue and 50% of net revenue, respectively, allocated to buybacks. By contrast, SYRUP has fallen about 45% year to date after reducing the share of revenue earmarked for buybacks, while LDO introduced an automated buyback system but has not yet executed actual purchases. DWF Labs said the findings show that beyond having a value-return mechanism, what matters is not only a token’s revenue scale but also the ability to return that value to holders on a sustained basis.
https://coinness.com/en/news/1174840

[UK FCA opens applications for banks’ crypto businesses ahead of 2027 rules]

The UK Financial Conduct Authority (FCA) has begun accepting applications from banks seeking authorization for cryptocurrency-related businesses. Eligible activities include crypto custody, operating trading platforms, crypto trading and brokerage, stablecoin issuance, and staking.

The FCA recommended submitting applications by Feb. 28, 2027. Firms that apply by that date may continue those businesses during the review period, provided they meet certain requirements, even if the review extends beyond the date the new regulatory framework takes effect. The new UK crypto regulatory framework is set to take effect on Oct. 25, 2027.
https://coinness.com/en/news/1174841

[Amundi boosts Strategy stake 43.7% in third quarter]

Amundi, Europe’s largest asset manager with about $2.9 trillion in assets under management, held 1,903,725 shares of Strategy (MSTR) as of the end of September, according to its third-quarter 13F filing with the U.S. SEC.

That was an increase of 579,672 shares from the previous quarter, lifting its holdings by about 43.7%. Strategy is the largest corporate holder of Bitcoin among individual companies and is widely seen as a listed company known for its Bitcoin accumulation strategy.
https://coinness.com/en/news/1174842

[Jeffrey Huang sells 3 more BAYC NFTs, raises about $84K]

Taiwanese singer Jeffrey Huang, better known as Machi Big Brother, sold a total of six BAYC NFTs over the past 15 hours, raising about $83,880, according to Onchain Lens. The wallet received proceeds from six sales via OpenSea, with the latest deposit totaling about $14,570.

The NFTs sold were BAYC #701, #4898, #6072, #250, #1297 and #4942. AmberCN had previously reported that Huang sold three BAYC NFTs and reopened a 25x ETH long position worth $1.48 million.
https://coinness.com/en/news/1174843

[PancakeSwap delays trading-fee buyback and burn to Nov. 16 for security review]

BNB Chain-based decentralized exchange PancakeSwap (CAKE) said it will delay this week’s buyback and burn using trading fees to Nov. 16 as it upgrades its infrastructure security design and conducts a comprehensive internal review. The platform said the preemptive step comes amid a rise in security incidents across DeFi and is necessary because the review affects the contract that processes trading-fee buybacks.

PancakeSwap said the delayed buyback and burn will be carried over and executed in full, while this week’s burn of unused CAKE issuance will proceed as scheduled. It added that neither PancakeSwap nor user funds are affected, and trading, liquidity and all other products are operating normally.
https://coinness.com/en/news/1174844

[Trump says sons run WLFI, denies knowledge of UAE-backed stake purchase]

U.S. President Donald Trump said he knew nothing about UAE investors’ stake investment in World Liberty Financial (WLFI) and said his sons run the business, according to a CBS "60 Minutes" interview.

Asked about a potential conflict of interest between WLFI’s foreign investment and his duties as president, Trump said, "I know nothing about it at all. My sons run the company, and you can’t tell them to shut down a business for four years just because I’m president." When asked whether he intended to dispose of his WLFI stake, Trump responded, "How do you dispose of cash?"

Earlier, The Wall Street Journal reported an investment company backed by UAE National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan bought a 49% stake in WLFI for $500 million shortly before Trump took office. After the Democratic Party recently won the U.S. midterm elections, it has stepped up pressure for an investigation into potential conflicts of interest surrounding Trump’s cryptocurrency business.
https://coinness.com/en/news/1174845

[Bitcoin slide wipes $80B off crypto market cap in a day]

Bitcoin briefly fell below $74,000 on Nov. 9, hitting its lowest level since mid-August, while the total cryptocurrency market capitalization dropped by more than $80 billion in a day to $2.47 trillion, CryptoPotato reported.

BTC fell as low as $73,500 on Nov. 9 and later rebounded to around $75,700, but gave back those gains and was trading near $74,000. ETH and XRP were each down around 6%, while HYPE and NEAR fell more than 5%. According to CoinGlass, about $1.14 billion in crypto futures positions was liquidated over the past 24 hours, including $1.03 billion in longs and $113.27 million in shorts.
https://coinness.com/en/news/1174846

[Ethereum ecosystem’s app fee share falls from 72% to 39%]

Real Vision crypto analyst Jamie Coutts said Ethereum and its Layer 2 ecosystem accounted for 39% of total dApp fees across major blockchains over the past 30 days, down sharply from 72% in November 2021.

App fee share refers to the portion of total fees generated by decentralized apps across major blockchains that is attributed to a specific ecosystem. Over the same period, Solana’s share stood at 31%. Coutts said 61% of Ethereum’s app fees came from apps operating across multiple blockchains, while 77% of Solana’s app fees came from apps running exclusively on Solana. He added that Ethereum’s share rises to 65% when the technology-based ecosystem includes EVM-compatible chains such as Hyperliquid.
https://coinness.com/en/news/1174847

[WTI, Brent crude fall 3% intraday to $87.76 and $94.92]

WTI crude was trading at $87.76 a barrel, down 3.00% intraday, while Brent crude fell 3.00% to $94.92 a barrel.
https://coinness.com/en/news/1174848