Bloomberg reports that crypto firm Alt5 Sigma has parted ways with acting CEO Jonathan Hugh and COO Ron Pitters, with no reasons disclosed. The company in August struck a $1.5B deal to acquire WLFI tokens from World Liberty Financial, co-founded by members of the Trump family—an arrangement under which a Trump family entity would receive 75% of token-sale proceeds. Trump ally Zachary Witkoff chairs Alt5 Sigma’s board, while Eric Trump and co-founder Zachary Folkman serve as board observers. https://t.co/RK2 ...

Market Trends & Investment Strategy - Ark Invest believes liquidity tightening in AI and crypto sectors may reverse in coming weeks [1] - Markets appear to be pricing in the potential reversal of liquidity tightening [1] - Ark Invest has been buying crypto-linked stocks, indicating a bullish outlook on crypto [1] Specific Investments - Ark Invest is increasing exposure to Block (SQ), Coinbase (COIN), and Robinhood (HOOD) [1] - Ark Invest is building exposure tied to Circle and Bullish [1]

Investment & Strategy - Naver 和 Upbit 母公司 Dunamu 计划未来五年投资 10 万亿韩元（约 68 亿美元）用于构建下一代金融基础设施，利用 AI 和区块链技术 [1] - Dunamu 总裁 Oh Kyung-seok 表示，两家公司还将致力于发行与韩元挂钩的稳定币 [1]

Cryptocurrency ETF Flows - Ethereum spot ETFs recorded a total net inflow of $60.82 million, marking four consecutive days of inflows [1] - Bitcoin spot ETFs saw a total net inflow of $21.12 million [1] - XRP spot ETFs registered $21.81 million in net inflows [1] - Solana spot ETFs experienced a net outflow of $8.1 million [1] Individual ETF Performance - Fidelity's FBTC posted a net outflow [1]

Upbit Suffers ~$38.5M Abnormal Outflow on Solana NetworkUpbit issued an announcement today at 12:33 KST (UTC+9) stating that an abnormal outflow of assets worth approximately 54 billion KRW (~$38.57m) occurred on the Solana network at approximately 04:42 KST (UTC+9) on November 27. Withdrawals for the affected assets have been temporarily suspended. https://t.co/G0JBUTVCE6 ...

According to El Observador, Tether has informed Uruguay’s labor ministry that it will halt local operations and lay off 30 staff, citing high energy costs and the lack of a competitive tariff framework. The company had planned a $500 million investment but completed just over $100 million before deciding to fully exit the country. https://t.co/vUX4Ex9xrW ...

Regulatory Framework - UAE central bank law brings digital assets and DeFi under traditional banking regulation [1] - All crypto and blockchain firms operating in or from the UAE must obtain CBUAE authorization [1] - Unauthorized operations can face fines up to 1 billion dirhams (approximately $272 million) [1] - The law introduces 60-day licensing decisions and risk-based capital requirements [1] - A one-year compliance transition period is provided [1]

Vitalik Buterin said end-to-end encrypted messaging is critical for protecting digital privacy, adding that the next key steps for the space are permissionless account creation and metadata privacy. He noted that Session and SimpleX are pushing these directions forward and donated 128 ETH to each project, urging more developers to work on improving privacy-preserving messaging tools. https://t.co/bRgdyrsh0q ...

According to Bloomberg, S&P Global Ratings has downgraded Tether’s USDT stability assessment from “Constrained” to the lowest tier, “Weak,” citing a higher allocation to riskier reserve assets and limited transparency. S&P said bitcoin now represents about 5.6% of USDT’s circulating supply, surpassing its 3.9% overcollateralization buffer, and warned that a drop in bitcoin or other high-risk assets could leave reserves insufficient to fully cover outstanding tokens. https://t.co/W9UbaUu1Oz ...

Economic Activity - Overall economic activity remained largely stable, with some districts reporting slight softening [1] - Consumer spending continued to decline despite resilient high-end retail [1] Employment & Wages - Employment edged down [1] - Some contacts noted reduced hiring needs in certain roles due to AI [1] - Wages rose modestly [1] Prices & Costs - Prices increased slightly [1] - Manufacturers and retailers broadly faced tariff-related cost pressures [1]