According to Lookonchain monitoring, a trader invested 1 SOL ($169) in Mundi and now has a profit of more than $435,000, with a return rate of 2,580 times. Ban was launched on October 25 and quickly exceeded a market value of $60 million in two days. However, the trader did not choose to buy Ban, but bought the meme token Mundi, which was created earlier than Ban. At that time, Mundi's market value was only $85,000. He invested 1 SOL ($169) to buy 19.79 million Mundi and held it. Four days ago, he began to cash out, selling 18.19 million Mundi in exchange for 1428 SOL ($336,900), leaving 1.6 million Mundi ($99,000).

Regarding the information that South Korea will postpone the taxation of virtual assets for two years, Arthur Hayes said: The bull market can continue and South Korea's capital gains tax will be postponed for another two years.

According to Lookonchain monitoring, two whales took profits on UNI and LINK today.

Base founder Jesse Pollak said on the X platform that the Hyperliquid project shows that it is a good thing to build a product that people love before adding price complexity. In addition, the Base network has no plans to launch tokens. The team focuses on construction and hopes to solve practical problems and allow people to build better.

According to Whale Alert monitoring, about 1 hour ago, 500 million XRP were unlocked from an unknown wallet in two transactions, with a value of over US$970 million.

Lawyers for Elon Musk have filed for a preliminary injunction against OpenAI, several of its co-founders and its investor and close collaborator Microsoft to stop OpenAI and other defendants from engaging in what Musk's lawyers claim is anti-competitive behavior.

Sonic Labs launched the upgraded testnet 2.0 Blaze in preparation for the mainnet launch. According to previous news, Fantom has been renamed Sonic Labs and plans to launch a new EVM chain Sonic before the end of the year.

MicroStrategy founder Michael Saylor said on the X platform that there are currently 60 listed companies issuing shares to buy Bitcoin. The total Bitcoin holdings of these 60 companies are 522,565. In addition, HODL15Capital data shows that there are currently 12 listed Bitcoin mining companies that do not hold Bitcoin on their balance sheets.

10x Research noted in its market analysis that the cryptocurrency market cap has surged to $3.43 trillion, while Bitcoin’s dominance has fallen from 60% to 56%. Higher overall market cap coupled with declining Bitcoin dominance is often seen as a sign of altcoin season. In crypto, market thesis tend to be self-fulfilling as conviction drives momentum. Since November 17, Solana (SOL) has remained relatively flat while other large-cap altcoins have outperformed. Ethereum (ETH) is up nearly +18%, while Ripple (XRP) has surged +70%. The market cap gap between Solana and Ripple is now just $6 billion, which means a “flip” could happen in a few days, with Ripple potentially becoming the third most valuable cryptocurrency.

According to HODL15Capital statistics, US Bitcoin ETFs purchased 71,570 bitcoins in November; in terms of US dollar value, November was a record month for inflows into US Bitcoin ETFs.

A former Facebook executive revealed that the company's stablecoin and blockchain project (originally called Libra and later renamed Diem) eventually came to an end, causing many employees to leave and switch to other blockchain projects. The project was sold to Silvergate Bank in January 2022, which abandoned the project and wrote off its investment a year later. According to David Marcus, the former head of the project and former Coinbase board member, behind-the-scenes political intrigue was the root cause of the project's failure, which he called "100% political murder" in a long article on X. "There is no legal or regulatory angle for the government or regulators to kill the project. This is 100% political strangulation-executed by intimidating controlled banking institutions."

PANews reported on November 30 that due to the US Thanksgiving holiday, the market ended this week with a certain degree of sluggishness. The lack of liquidity was evident on Thursday and Friday, but the US stock market closed surprisingly strongly this week. Driven by technology and retail stocks, the S&P index hit a new high and recorded its largest monthly increase since November 2023.

PANews reported on November 30 that David Marcus, former head of Facebook's stablecoin Libra and current co-founder and CEO of Lightspark, published an article on the X platform revealing how Libra was "strangled". He said that Libra (then known as Diem) is an advanced, high-performance, payment-centric blockchain, equipped with a stablecoin developed with the Meta (formerly Facebook) team, designed to solve large-scale problems in global payments.