Canton represents a relatively pragmatic direction in the RWA field, but how far it can go depends on two factors: the speed of the evolution of regulatory policies and the determination of traditional financial giants to embrace on-chain technology.

According to an official announcement, Yei Finance, the lending protocol within the Sei ecosystem, stated that all user funds on the platform are safe, available, and 100% withdrawable. Currently, approximately $8.6 million USDC in the Yeiend main pool has been lent out using sfastUSD as collateral. The team will fully repay this debt, ensuring all USDC deposits can be withdrawn smoothly. The Yei team stated that withdrawal functionality will be temporarily suspended during the repayment process, and a resumption timeline and updates will be announced later.

Ripple has confirmed it has no plans to go public, choosing to stay private despite other crypto firms launching IPOs. The company raised $500 million at a $40 billion valuation to fund its global expansion and product development.

According to Odaily, Bruce, the founder of MSX, shared insights on X regarding the recent actions of major U.S. publicly traded mining companies. He noted that several leading firms, including Mara, Cleanspak, and Riot, have reduced their Bitcoin holdings. Bruce remarked that such a move is relatively uncommon, as traditionally, miners' selling pressure does not significantly impact Bitcoin's price. However, he acknowledged that this reduction in holdings reflects a form of consensus, given that Bitcoin's price tends to fluctuate around its perceived value.

Franklin Templeton has launched Hong Kong’s first Luxembourg-registered tokenized money market fund, marking a historic step in the city’s financial evolution under the Hong Kong Monetary Authority’s (HKMA) “Fintech 2030” strategy. The fund, officially titled the Franklin OnChain U. S source: https://www.ethnews.com/franklin-templeton-launches-hong-kongs-first-tokenized-fund-under-fintech-2030-strategy/

According to SoSoValue data, the crypto market rebounded across the board, with most stocks rising between 2% and 7% in the past 24 hours. The PayFi sector led the gains at 7.31%, with Telcoin (TEL) rising 28.44% and XRP rising 7.71%. Dash (DASH), which had previously seen significant gains, fell 11.41%. Additionally, Bitcoin (BTC) rose 2.75%, surpassing $103,000; Ethereum (ETH) rose 5.09%, surpassing $3,400. Notably, MAG7.ssi rose 4.31%, DEFI.ssi rose 5.05%, and MEME.ssi rose 3.87%. In other sectors, the Meme sector rose 5.51% in the last 24 hours, with OFFICIAL TRUMP (TRUMP) up 16.56% and Giggle Fund (GIGGLE) surging 130.10%; the DeFi sector rose 4.91%, with AERO (Aerodrome Finance) up 10.58%; the Layer 1 sector rose 4.66%, with Zcash (ZEC) continuing its upward trend, climbing 11.21% intraday; the Layer 2 sector rose 4.56%, with SOON (SOON) surging 112.83%; and the CeFi sector rose 3.03%, with Aster (ASTER) up 11.55%. Crypto sector indices reflecting historical sector performance show that ssiPayFi, ssiDePIN, and ssiDeFi indices rose 7.68%, 5.70%, and 5.72%, respectively.

The court said the man had waited too long to reclaim his Bitcoin fortune, which he says was on a now-destroyed hard drive. source: https://decrypt.co/347537/appeals-court-rejects-lawsuit-alleged-354m-bitcoin-loss

Bruce, founder of MSX, posted on X about how several major US-listed mining companies have reduced their BTC spot holdings. He stated, "Today I reviewed the latest financial reports of several major US-listed mining companies (Mara, Cleanspak, Riot), and they all reduced their $BTC spot holdings. This is quite rare in the past. Although the selling pressure from miners does not affect the price, it can be considered a kind of 'consensus,' since the price has always fluctuated around its value."

According to Cointelegraph, residents of a small area in Hood County, Texas, have been unsuccessful in their attempt to establish a new municipality aimed at regulating noise from a nearby Bitcoin mining facility. The proposal to create "Mitchell Bend," a tiny municipality covering a two-square-mile community of approximately 600 people, was supported by only 38% of the 138 voters. For nearly three years, locals have voiced concerns over the noise generated by MARA's 60,000 Bitcoin miners, which they claim disrupts the community and contributes to Bitcoin's $2 trillion network. The noise has reportedly led to sleepless nights, headaches, and hearing issues among residents, with some choosing to leave the area. In response, MARA has attempted to mitigate the noise by expanding a 24-foot wall and converting two-thirds of its cooling fans to a liquid cooling system. Despite these efforts, residents argue that the noise remains a significant issue, prompting the consideration of incorporating Mitchell Bend. This proposed municipality would represent a small fraction of Hood County's nearly 70,000 residents. MARA initially sought to prevent the vote by filing a lawsuit in late October, arguing that the incorporation of Mitchell Bend could harm its operations and potentially lead to increased taxes. Although the request to block the vote was denied, a MARA spokesperson expressed satisfaction with the outcome, stating, "We’re pleased that Hood County voters saw through the sham incorporation effort and rejected it at the ballot box." Despite the setback, local resident Danny Lakey emphasized that the fight is not over. "Although we took a loss here, we are going to move forward and we will continue to do what we can to not let industry take over Hood County," he stated. Residents have previously taken legal action against MARA and its site manager, David Fischer, over noise-related violations, but these efforts have not been successful. Meanwhile, in Arkansas, the planning commission of Vilonia unanimously rejected a proposal to establish a crypto mining facility following strong opposition from residents in April.

We start from insecurity, but ultimately find ourselves in structures of certainty.

Platform processing volumes surged 8X over two years as company achieves profitability and targets global expansion source: https://www.blockhead.co/2025/11/06/fintech-reap-expands-hong-kong-headquarters-to-drive-stablecoin-payment-solutions/

Leading cryptocurrencies bounced back on Wednesday as President Donald Trump pledged support to the industry. source: https://www.benzinga.com/crypto/cryptocurrency/25/11/48676141/bitcoin-recovers-amid-trumps-pro-crypto-remarks-ethereum-dogecoin-xrp-also-rise-analyst-says-btc-risks-falling-to-72000-if-it-fails-to-do-this?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

According to SoSoValue data, on November 5th (Eastern Time), the Canary HBAR spot ETF (HBR) saw a net inflow of $1.92 million. As of press time, the Canary HBAR ETF's total net asset value was $66.69 million, with an HBAR net asset ratio (market capitalization as a percentage of HBAR's total market capitalization) of 0.90%. The Canary Litecoin ETF (LTCC) saw no net inflow. As of press time, the Canary Litecoin ETF's total net asset value was $2.62 million, with an LTC net asset ratio (market capitalization as a percentage of LTC's total market capitalization) of 0.04%.

Despite increased market volatility, Tiger Research maintains its $200,000 price target for Bitcoin and assesses the nature of the current correction and the sustainability of its long-term fundamentals.

This round of government shutdown may no longer be a political game in the United States, but is instead setting the stage for a financial crisis.

That forgotten status code could eventually allow money to flow at internet speed.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2869, providing you with the latest and fastest news on the digital currency and blockchain industry.

PING attempts to leverage Launchpad to strip away its pure MEME attributes while adding a positive flywheel, while PAYAI expands from its original tool attributes to the infrastructure protocol layer through token migration.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

The current high valuations of US stocks have raised concerns about a potential bubble. A UBS report points out that the market already has seven indicators of a bubble forming.