2025.11.28 Crypto Market Highlights:

1. Stablecoins are seen as a new form of privatized quantitative easing, with every minted digital dollar being a purchase of U.S. sovereign debt.

2. Upbit hackers are laundering through cross-chain bridges, converting altcoins into USDC/T and transferring to the ETH chain.

3. The 12th anniversary of the Ethereum whitepaper has changed the crypto industry, empowering developers with more tools, paying tribute to Vitalik Buterin and the Ethereum community.

4. Bitcoin mining difficulty has decreased by 1.95%, prices have rebounded, and mining profits are gradually rising.

5. Binance will donate 10 million HKD to Hong Kong to support disaster relief and reconstruction efforts, extending condolences to affected residents.

6. A certain whale received 3.4 million ENA from Wintermute, accumulating a total of 10.59 million, currently facing a floating loss of 2.97 million USD.

7. The supply of stablecoins on the Monad chain has increased by approximately 3.8 billion USD in the past 24 hours, more than twice that of ETH.

8. Arthur Hayes has purchased an additional 2 million ENA and 364,000 ETHFI, increasing his total holdings.