The 1inch team withdrew another 7.56 million 1INCH from Binance, worth $1.37 million. According to on-chain analyst @ai_9684xtpa, the 1inch team withdrew 7.56 million 1INCH from Binance 11 minutes ago, worth $1.37 million. The team now holds 119 million 1INCH, worth $21.74 million. SEAL member: North Korean agents have infiltrated 15% to 20% of crypto companies. According to DL News, Pablo Sabbatella, founder of Web3 auditing firm Opsek and a member of the Security Alliance (SEAL), revealed at the Devconnect conference that North Korean infiltration is far more extensive than imagined. He stated that 15% to 20% of crypto companies harbor North Korean infiltrators, and 30% to 40% of job applications may come from North Korean agents attempting infiltration. Due to international sanctions, most North Korean agents cannot directly apply for jobs, so they recruit remote workers globally, especially from developing countries like Ukraine and the Philippines, as cover. They require these workers to hand over account credentials or allow them to remotely use their identities; the workers receive 20% of the earnings, while the agents take 80%. North Korean agents also recruit Americans as "front-end" personnel, posing as non-English speaking interviewees from China, implanting malware on their computers to obtain US IP addresses and bypass restrictions to access more content. Once hired, they are often retained long-term due to their diligence and lack of complaints. To identify them, one can ask for their opinions on Kim Jong-un; they are forbidden from speaking ill of him. Sabbatella stated that the cryptocurrency industry suffers from poor operational security, making founders vulnerable to social engineering attacks and their computers susceptible to malware infection. The pump.fun project team has transferred 405 million USDC to Kraken in the past week. According to on-chain analyst Yu Jin, in the past week, the pump.fun project team transferred 405 million USDC to Kraken. Then, during the same period, 466 million USDC were transferred from Kraken to Circle, which likely represents a withdrawal. This money came from pump.fun's private sale of PUMP to institutions in June, at a price of $0.004 (which has since fallen below the initial offering price). A whale bought 4,022 ETH in the spot market and went long on ETH and BCH with leverage of 20x and 10x respectively. According to Lookonchain monitoring, whale 0x8d0e bought 4,022 ETH spot on Hyperliquid, worth $11.19 million, and opened a 20x long position of 2,034.5 ETH, worth $5.66 million, and a 10x long position of 1,662 BCH, worth $908,000. Port3 launches token migration plan and burns over 160 million tokens. According to official sources, Port3 will launch a token migration plan, with all tokens migrating at a 1:1 ratio. A snapshot was taken immediately after the attack. The team will distribute tokens in bulk, providing 200 to 500 tokens as compensation to each user affected by the attack as of 20:56 UTC. The team is currently confirming the distribution method on CEXs; the new tokens will only be issued on the BNB Chain. By burning team tokens, the excess supply caused by the vulnerability exploit will be completely offset, with a total of 162,750,000 PORT3 tokens burned to ensure the total supply remains unchanged. The team has patched the vulnerability, preventing the hacker from obtaining any new tokens or issuing any new tokens from the new contract address (CA). Previously, yesterday, news broke that Port3 Network was exploited by hackers to issue new tokens using the BridgeIn vulnerability, causing PORT3 to plummet 77.4% in 24 hours. Monad co-founders clarified that they have not issued any Meme coins or NFTs related to their pet Anago, reminding users to be aware of security risks. Regarding the Meme coin Anago appearing on the market, Monad Labs co-founder Eunice Giarta stated on the X platform: "To avoid any suspicion, @AnagoBarks is the official account of the real Anago. There will be no Meme coin or NFTs. Please do your own research and be careful." Giarta was referring to her pet, a French Bulldog. Aster: Due to an error in the gold price feed, the XAUUSDT market price deviated, and Aster will fully compensate affected users. Aster posted on the X platform: "Between 22:00 and 23:00 UTC on November 23 (06:00 and 07:00 Beijing time on November 24), one of the gold price feeds malfunctioned, causing the XAUUSDT market price to deviate from the true price. This was a global error that affected numerous platforms, including Aster and goldprice.org. The market has now returned to normal. All affected users will receive full compensation. Specific details will be announced once confirmed." The 1inch team address withdrew a total of 20 million 1INCH from Binance in the past 14 hours. According to on-chain analyst @ai_9684xtpa, in the past 14 hours, the 1inch team's investment address withdrew 20 million tokens (approximately $3.713 million) from Binance at $0.1856, bringing the total number of tokens held to 111 million, worth $20.34 million. The U.S. Department of Efficiency has been dissolved. According to Jinshi News, the Department of Government Efficiency (DOGE), which President Trump established with great fanfare in January to reduce the size of the government after taking office, has been dissolved despite having eight months remaining in its term. When asked about the current state of DOGE, the head of the Office of Personnel Management, Cooper, said, "It simply doesn't exist." Cooper added that DOGE is no longer a "centralized agency." This is the first time the Trump administration has confirmed the dissolution of DOGE. This agency, led by Musk, implemented sweeping reforms in Washington after its establishment in January, rapidly reducing the size of federal agencies, cutting their budgets, or shifting their focus to Trump's priorities. According to an executive order signed by Trump after taking office, DOGE was supposed to operate until July 2026. Video sharing platform Rumble has enabled BTC, XAUT, and USDT tipping functionality, and the Rumble wallet has officially launched. Chris Pavlovski, CEO of video-sharing platform Rumble, recently announced on the X platform that Rumble now supports tipping in BTC, XAUT, and USDT. The test is currently open only to Android users and limited to a few thousand participants. The Rumble wallet is now officially live. He also stated, "In the creator economy, the Rumble wallet is the first to achieve creator income that is never canceled; tips will exist permanently on the blockchain, unaffected by any cancellation mechanisms." According to Tether CEO Paolo Ardoino, the Rumble wallet also supports the upcoming new stablecoin USAT and will soon support the Lightning Network. Previously, in October, it was reported that Tether planned to launch the new stablecoin USAT on the video platform Rumble, aiming to capture the US market; the Tether CEO revealed that USAT was planned for launch in December of this year; there were also reports that Rumble was partnering with Tether to launch Bitcoin tipping functionality in early December. Data shows that tokens such as XPL, WCT, and SAHARA will undergo significant unlocking, with XPL unlocking value estimated at approximately $18.1 million. According to Token Unlocks data, tokens such as XPL, WCT, and SAHARA will see large-scale unlocks next week. Specifically: Plasma (XPL) will unlock approximately 88.89 million tokens at 9 PM Beijing time on November 25th, representing 0.89% of the total supply, worth approximately $18.1 million; WalletConnect Token (WCT) will unlock approximately 10.06 million tokens at 8 AM Beijing time on November 25th, representing 10.07% of the total supply, worth approximately $11.6 million; Sahara AI (SAHARA) will unlock approximately 133 million tokens at 8 AM Beijing time on November 27th, representing 1.33% of the total supply, worth approximately $10.4 million; and Jupiter (JUP) will unlock approximately 53.47 million tokens at 12 PM Beijing time on November 28th, representing 0.76% of the total supply, worth approximately $12.5 million. US Treasury Secretary Bessant: Government shutdown has caused a permanent $11 billion blow to US GDP. According to Jinshi News, U.S. Treasury Secretary Bessenter stated that the government shutdown caused a permanent $11 billion blow to U.S. GDP, but the overall economy is not facing the risk of recession. Michael Saylor posted a message saying "I won't give in," hinting that he will continue to increase his Bitcoin holdings. Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), posted "I will not give in" on the X platform, hinting at continued accumulation of Bitcoin, but has not yet released Bitcoin Tracker information. Based on past experience, Strategy typically discloses its Bitcoin holdings the day after a Saylor posts Bitcoin Tracker information. Michael Saylor's "Hold on This Week" poll has ended: 77.8% did not sell. Michael Saylor, founder and executive chairman of Bitcoin treasury company Strategy, launched a "Hold on this week" poll on the X platform. The poll has now ended, with a total of 133,156 votes cast. 77.8% of the votes were for those who did not sell, while 22.2% were for those who did sell. Coinbase: MON allocation plan to be announced soon Coinbase announced on its X platform that its first token sale, MON, has been completed. 858,000 participants from over 70 countries joined the sale, resulting in an oversubscription of 1.43 times. The allocation plan will be announced soon, with an expected average allocation of $2,188, a median of $261, and a maximum of $57,157. As previously disclosed by Coinbase, the token sale will not use a first-come, first-served model but will utilize an algorithm for fair allocation. Monad (MON) will soon be listed on the Bybit spot trading platform. According to the official announcement, Bybit will list Monad (MON) on the spot market at 3 PM UTC on November 24th. Monad is a high-performance Layer 1 blockchain designed to address the scalability limitations of existing networks, especially Ethereum, while maintaining full compatibility with the Ethereum Virtual Machine (EVM). Binance: Users who fail to claim their KO will receive a refund of their Alpha Points. Binance announced that due to an airdrop system issue, some users who failed to claim the Kyuzos Friends (KO) airdrop were incorrectly displayed with a "claimed" status. Binance Alpha will fully refund Alpha points to all affected users. There will be no point deduction for this claim, and affected users do not need to take any further action. ProCap CIO: Bitcoin put option open interest (OI) volume was large at the end of December, and implied volatility returned to pre-ETF listing levels. Jeff Park, Chief Investment Officer of Bitcoin treasury firm ProCap and advisor at Bitwise, pointed out that Bitcoin's implied volatility has never exceeded 80% since the FTX crash. The closest it came was last March, when the spot Bitcoin ETF experienced continuous inflows, but the indicator has now returned to pre-ETF listing levels. According to data disclosed by Jeff Park, among Bitcoin options expiring on December 26, the $85,000 put option open interest (OI) is the largest, at approximately $1 billion, higher than the $125,000 call options ($620 million), $140,000 call options ($950 million), and $200,000 call options ($720 million). Bitwise CIO: ETH may lead a crypto market rebound; December Fusaka upgrade is a key catalyst. Bitwise Chief Investment Officer Matt Hougan points out that much information has been overlooked in the current chaotic market correction. For example, Ethereum's upcoming Fusaka upgrade (expected in December) will significantly enhance the token's value capture capabilities. This upgrade will also introduce the lowest fees for Layer 2 data recording. The market will soon begin to focus on the positive impact of Fusaka. It can be said that Fusaka is an undervalued catalyst and one of the reasons why Ethereum may lead a cryptocurrency rebound. Bloomberg: Bitcoin's decline foreshadows weak performance for risk assets at the end of the year, but growth momentum may emerge in 2026. A recent report from Bloomberg Intelligence points out that Bitcoin's recent decline and break below a key support level seem to indicate a weak year-end performance for risk assets. This indicator is currently inversely related to the volatility of the S&P 500, but momentum may pick up in 2026 as the current market downturn may have bottomed out and there is significant upside potential as Wall Street's position adjustments come to an end. The 1inch team withdrew another 7.56 million 1INCH from Binance, worth $1.37 million. According to on-chain analyst @ai_9684xtpa, the 1inch team withdrew 7.56 million 1INCH from Binance 11 minutes ago, worth $1.37 million. The team now holds 119 million 1INCH, worth $21.74 million. SEAL member: North Korean agents have infiltrated 15% to 20% of crypto companies. According to DL News, Pablo Sabbatella, founder of Web3 auditing firm Opsek and a member of the Security Alliance (SEAL), revealed at the Devconnect conference that North Korean infiltration is far more extensive than imagined. He stated that 15% to 20% of crypto companies harbor North Korean infiltrators, and 30% to 40% of job applications may come from North Korean agents attempting infiltration. Due to international sanctions, most North Korean agents cannot directly apply for jobs, so they recruit remote workers globally, especially from developing countries like Ukraine and the Philippines, as cover. They require these workers to hand over account credentials or allow them to remotely use their identities; the workers receive 20% of the earnings, while the agents take 80%. North Korean agents also recruit Americans as "front-end" personnel, posing as non-English speaking interviewees from China, implanting malware on their computers to obtain US IP addresses and bypass restrictions to access more content. Once hired, they are often retained long-term due to their diligence and lack of complaints. To identify them, one can ask for their opinions on Kim Jong-un; they are forbidden from speaking ill of him. Sabbatella stated that the cryptocurrency industry suffers from poor operational security, making founders vulnerable to social engineering attacks and their computers susceptible to malware infection. The pump.fun project team has transferred 405 million USDC to Kraken in the past week. According to on-chain analyst Yu Jin, in the past week, the pump.fun project team transferred 405 million USDC to Kraken. Then, during the same period, 466 million USDC were transferred from Kraken to Circle, which likely represents a withdrawal. This money came from pump.fun's private sale of PUMP to institutions in June, at a price of $0.004 (which has since fallen below the initial offering price). A whale bought 4,022 ETH in the spot market and went long on ETH and BCH with leverage of 20x and 10x respectively. According to Lookonchain monitoring, whale 0x8d0e bought 4,022 ETH spot on Hyperliquid, worth $11.19 million, and opened a 20x long position of 2,034.5 ETH, worth $5.66 million, and a 10x long position of 1,662 BCH, worth $908,000. Port3 launches token migration plan and burns over 160 million tokens. According to official sources, Port3 will launch a token migration plan, with all tokens migrating at a 1:1 ratio. A snapshot was taken immediately after the attack. The team will distribute tokens in bulk, providing 200 to 500 tokens as compensation to each user affected by the attack as of 20:56 UTC. The team is currently confirming the distribution method on CEXs; the new tokens will only be issued on the BNB Chain. By burning team tokens, the excess supply caused by the vulnerability exploit will be completely offset, with a total of 162,750,000 PORT3 tokens burned to ensure the total supply remains unchanged. The team has patched the vulnerability, preventing the hacker from obtaining any new tokens or issuing any new tokens from the new contract address (CA). Previously, yesterday, news broke that Port3 Network was exploited by hackers to issue new tokens using the BridgeIn vulnerability, causing PORT3 to plummet 77.4% in 24 hours. Monad co-founders clarified that they have not issued any Meme coins or NFTs related to their pet Anago, reminding users to be aware of security risks. Regarding the Meme coin Anago appearing on the market, Monad Labs co-founder Eunice Giarta stated on the X platform: "To avoid any suspicion, @AnagoBarks is the official account of the real Anago. There will be no Meme coin or NFTs. Please do your own research and be careful." Giarta was referring to her pet, a French Bulldog. Aster: Due to an error in the gold price feed, the XAUUSDT market price deviated, and Aster will fully compensate affected users. Aster posted on the X platform: "Between 22:00 and 23:00 UTC on November 23 (06:00 and 07:00 Beijing time on November 24), one of the gold price feeds malfunctioned, causing the XAUUSDT market price to deviate from the true price. This was a global error that affected numerous platforms, including Aster and goldprice.org. The market has now returned to normal. All affected users will receive full compensation. Specific details will be announced once confirmed." The 1inch team address withdrew a total of 20 million 1INCH from Binance in the past 14 hours. According to on-chain analyst @ai_9684xtpa, in the past 14 hours, the 1inch team's investment address withdrew 20 million tokens (approximately $3.713 million) from Binance at $0.1856, bringing the total number of tokens held to 111 million, worth $20.34 million. The U.S. Department of Efficiency has been dissolved. According to Jinshi News, the Department of Government Efficiency (DOGE), which President Trump established with great fanfare in January to reduce the size of the government after taking office, has been dissolved despite having eight months remaining in its term. When asked about the current state of DOGE, the head of the Office of Personnel Management, Cooper, said, "It simply doesn't exist." Cooper added that DOGE is no longer a "centralized agency." This is the first time the Trump administration has confirmed the dissolution of DOGE. This agency, led by Musk, implemented sweeping reforms in Washington after its establishment in January, rapidly reducing the size of federal agencies, cutting their budgets, or shifting their focus to Trump's priorities. According to an executive order signed by Trump after taking office, DOGE was supposed to operate until July 2026. Video sharing platform Rumble has enabled BTC, XAUT, and USDT tipping functionality, and the Rumble wallet has officially launched. Chris Pavlovski, CEO of video-sharing platform Rumble, recently announced on the X platform that Rumble now supports tipping in BTC, XAUT, and USDT. The test is currently open only to Android users and limited to a few thousand participants. The Rumble wallet is now officially live. He also stated, "In the creator economy, the Rumble wallet is the first to achieve creator income that is never canceled; tips will exist permanently on the blockchain, unaffected by any cancellation mechanisms." According to Tether CEO Paolo Ardoino, the Rumble wallet also supports the upcoming new stablecoin USAT and will soon support the Lightning Network. Previously, in October, it was reported that Tether planned to launch the new stablecoin USAT on the video platform Rumble, aiming to capture the US market; the Tether CEO revealed that USAT was planned for launch in December of this year; there were also reports that Rumble was partnering with Tether to launch Bitcoin tipping functionality in early December. Data shows that tokens such as XPL, WCT, and SAHARA will undergo significant unlocking, with XPL unlocking value estimated at approximately $18.1 million. According to Token Unlocks data, tokens such as XPL, WCT, and SAHARA will see large-scale unlocks next week. Specifically: Plasma (XPL) will unlock approximately 88.89 million tokens at 9 PM Beijing time on November 25th, representing 0.89% of the total supply, worth approximately $18.1 million; WalletConnect Token (WCT) will unlock approximately 10.06 million tokens at 8 AM Beijing time on November 25th, representing 10.07% of the total supply, worth approximately $11.6 million; Sahara AI (SAHARA) will unlock approximately 133 million tokens at 8 AM Beijing time on November 27th, representing 1.33% of the total supply, worth approximately $10.4 million; and Jupiter (JUP) will unlock approximately 53.47 million tokens at 12 PM Beijing time on November 28th, representing 0.76% of the total supply, worth approximately $12.5 million. US Treasury Secretary Bessant: Government shutdown has caused a permanent $11 billion blow to US GDP. According to Jinshi News, U.S. Treasury Secretary Bessenter stated that the government shutdown caused a permanent $11 billion blow to U.S. GDP, but the overall economy is not facing the risk of recession. Michael Saylor posted a message saying "I won't give in," hinting that he will continue to increase his Bitcoin holdings. Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), posted "I will not give in" on the X platform, hinting at continued accumulation of Bitcoin, but has not yet released Bitcoin Tracker information. Based on past experience, Strategy typically discloses its Bitcoin holdings the day after a Saylor posts Bitcoin Tracker information. Michael Saylor's "Hold on This Week" poll has ended: 77.8% did not sell. Michael Saylor, founder and executive chairman of Bitcoin treasury company Strategy, launched a "Hold on this week" poll on the X platform. The poll has now ended, with a total of 133,156 votes cast. 77.8% of the votes were for those who did not sell, while 22.2% were for those who did sell. Coinbase: MON allocation plan to be announced soon Coinbase announced on its X platform that its first token sale, MON, has been completed. 858,000 participants from over 70 countries joined the sale, resulting in an oversubscription of 1.43 times. The allocation plan will be announced soon, with an expected average allocation of $2,188, a median of $261, and a maximum of $57,157. As previously disclosed by Coinbase, the token sale will not use a first-come, first-served model but will utilize an algorithm for fair allocation. Monad (MON) will soon be listed on the Bybit spot trading platform. According to the official announcement, Bybit will list Monad (MON) on the spot market at 3 PM UTC on November 24th. Monad is a high-performance Layer 1 blockchain designed to address the scalability limitations of existing networks, especially Ethereum, while maintaining full compatibility with the Ethereum Virtual Machine (EVM). Binance: Users who fail to claim their KO will receive a refund of their Alpha Points. Binance announced that due to an airdrop system issue, some users who failed to claim the Kyuzos Friends (KO) airdrop were incorrectly displayed with a "claimed" status. Binance Alpha will fully refund Alpha points to all affected users. There will be no point deduction for this claim, and affected users do not need to take any further action. ProCap CIO: Bitcoin put option open interest (OI) volume was large at the end of December, and implied volatility returned to pre-ETF listing levels. Jeff Park, Chief Investment Officer of Bitcoin treasury firm ProCap and advisor at Bitwise, pointed out that Bitcoin's implied volatility has never exceeded 80% since the FTX crash. The closest it came was last March, when the spot Bitcoin ETF experienced continuous inflows, but the indicator has now returned to pre-ETF listing levels. According to data disclosed by Jeff Park, among Bitcoin options expiring on December 26, the $85,000 put option open interest (OI) is the largest, at approximately $1 billion, higher than the $125,000 call options ($620 million), $140,000 call options ($950 million), and $200,000 call options ($720 million). Bitwise CIO: ETH may lead a crypto market rebound; December Fusaka upgrade is a key catalyst. Bitwise Chief Investment Officer Matt Hougan points out that much information has been overlooked in the current chaotic market correction. For example, Ethereum's upcoming Fusaka upgrade (expected in December) will significantly enhance the token's value capture capabilities. This upgrade will also introduce the lowest fees for Layer 2 data recording. The market will soon begin to focus on the positive impact of Fusaka. It can be said that Fusaka is an undervalued catalyst and one of the reasons why Ethereum may lead a cryptocurrency rebound. Bloomberg: Bitcoin's decline foreshadows weak performance for risk assets at the end of the year, but growth momentum may emerge in 2026. A recent report from Bloomberg Intelligence points out that Bitcoin's recent decline and break below a key support level seem to indicate a weak year-end performance for risk assets. This indicator is currently inversely related to the volatility of the S&P 500, but momentum may pick up in 2026 as the current market downturn may have bottomed out and there is significant upside potential as Wall Street's position adjustments come to an end.