According to Odaily, CBB has expressed concerns on the X platform about projects raising funds at a $1 billion valuation while tokens remain locked, citing the avoidance of short-term flippers as the reason. CBB argues that a more reasonable approach to Initial Coin Offerings (ICOs) would involve fundraising at a lower fully diluted valuation (FDV) and distributing tokens to genuine core users and contributors. This strategy, they suggest, would prevent the creation of high valuation structures that could undermine a project's healthy token circulation in its early stages.

According to Odaily, CBB has expressed concerns on the X platform about projects raising funds at a $1 billion valuation while tokens remain locked, citing the avoidance of short-term flippers as the reason. CBB argues that a more reasonable approach to Initial Coin Offerings (ICOs) would involve fundraising at a lower fully diluted valuation (FDV) and distributing tokens to genuine core users and contributors. This strategy, they suggest, would prevent the creation of high valuation structures that could undermine a project's healthy token circulation in its early stages. source: https://www.binance.com/en/square/post/33065274201993?utm_source=BinanceNewsRSS

China steps up measures against virtual currencies, emphasizing illegality while promoting digital yuan. source: https://coincu.com/news/china-ban-virtual-currencies/

According to PANews, a research report from CITIC Securities indicates that marginal demand is increasingly significant in explaining gold pricing. Returning to traditional supply and demand logic, the report notes that gold supply remains relatively stable, with annual production consistently around 3,600 tons. Therefore, the true pricing variable for gold lies in demand, particularly marginal demand. Gold demand primarily consists of three components: private sector consumption, private sector investment, and official gold purchases source: https://www.binance.com/en/square/post/33071730631450?utm_source=BinanceNewsRSS

According to PANews, a research report from CITIC Securities indicates that marginal demand is increasingly significant in explaining gold pricing. Returning to traditional supply and demand logic, the report notes that gold supply remains relatively stable, with annual production consistently around 3,600 tons. Therefore, the true pricing variable for gold lies in demand, particularly marginal demand. Gold demand primarily consists of three components: private sector consumption, private sector investment, and official gold purchases. Historically, marginal demand for gold has been largely driven by European and American ETF demand, which is mainly from overseas institutional investors. This demand framework is heavily influenced by the real interest rates of U.S. Treasury bonds. The private sector investment demand in Europe and America, including ETF demand, continues to show a strong correlation with U.S. Treasury real interest rates. As U.S. inflation declines and labor market resilience decreases, expectations for a Federal Reserve interest rate cut in the second half of the year are rising. The initiation of rate cuts, leading to decreases in nominal and real interest rates, is expected to inject new momentum into gold price increases.

BlackRock’s spot Bitcoin exchange-traded funds (ETFs) have become the asset manager’s top revenue source, according to Cristiano Castro, the director of business development at BlackRock Brazil, surpassing products that have been generating revenue for over two decades. This is a huge feat for BTC, given the company manages more than 1,400 exchange-traded funds globally and […] source: https://zycrypto.com/bitcoin-etfs-are-now-blackrocks-biggest-revenue-drivers-surpassing-older-etfs/

According to PANews, Emirates Gold from the UAE and Public Gold from Malaysia have introduced a gold ATM machine in the United Arab Emirates. This machine enables users to purchase gold and silver bars using electronic wallets or credit cards and withdraw physical gold and silver from digital accounts. The companies aim to deploy 35 to 40 ATM machines across the UAE by 2026. Future enhancements may include cryptocurrency exchange capabilities source: https://www.binance.com/en/square/post/33072342551721?utm_source=BinanceNewsRSS

According to PANews, Emirates Gold from the UAE and Public Gold from Malaysia have introduced a gold ATM machine in the United Arab Emirates. This machine enables users to purchase gold and silver bars using electronic wallets or credit cards and withdraw physical gold and silver from digital accounts. The companies aim to deploy 35 to 40 ATM machines across the UAE by 2026. Future enhancements may include cryptocurrency exchange capabilities.

According to Odaily, Arthur Hayes recently shared insights on the X platform regarding Monad founder Keone Hon's views on token unlocking strategies. Hon highlighted that it is reasonable for projects within the Maelstrom family office's investment portfolio to have locked token supplies. Hayes, who has advised or invested in these companies, recommended that teams and investors should ideally achieve 100% token vesting as soon as possible. He noted that without natural demand based on usage, token prices could plummet to near zero and remain there, or potentially recover if there is organic product usage source: https://www.binance.com/en/square/post/33074798588130?utm_source=BinanceNewsRSS

According to Odaily, Arthur Hayes recently shared insights on the X platform regarding Monad founder Keone Hon's views on token unlocking strategies. Hon highlighted that it is reasonable for projects within the Maelstrom family office's investment portfolio to have locked token supplies. Hayes, who has advised or invested in these companies, recommended that teams and investors should ideally achieve 100% token vesting as soon as possible. He noted that without natural demand based on usage, token prices could plummet to near zero and remain there, or potentially recover if there is organic product usage. Hayes expressed hope that Maelstrom would only support projects capable of generating natural user demand. However, he lamented that no project founders have yet adopted this advice, suggesting that Monad might be the first to validate this approach.

“我们的核心诉求非常明确—— 物归原主，也就是归还中国受害者。”

11月29日，中国人民银行官方发布文章《打击虚拟货币交易炒作工作协调机制会议召开》，对于虚拟货币及稳定币进行了最新论述。

稳定币,监管,法律,稳定币的 2025：你在红楼 我在西游 金色财经,谁在红楼，谁在西游？想来我们心中或似都有答案。

2025 年 12 月 3 日，以太坊将在主网激活“Fusaka”升级，这是继 5 月的“Pectra”升级之后，今年第二次重大硬分叉。

2025 年 11 月 28 日，中国人民银行召开打击虚拟货币交易炒作工作协调机制会议。

2025 年，AB 慈善基金会持续加大对东帝汶的支持力度，从教育与基础民生两条主线同步发力，围绕当地青年和困境儿童，推出具有延续性与互补性的公益项目，推动当地社会的可持续发展。

Taken together, these two initiatives in Timor-Leste amount to a total of USD 1,191,412 in support. By combining scholarships with in-kind assistance, the Foundation is addressing both “present-day necessities” and “future opportunities,” demonstrating its global, long-term commitment to its mission of “Technology for Good, Empowering the Future.”

金色周刊是金色财经推出的一档每周区块链行业总结栏目，内容涵盖一周重点新闻、行情与合约数据、矿业信息、项目动态、技术进展等行业动态。

你可以理解为：如果你在TGE时买入且未在最高点抛售，你的盈亏情况与同级其他代币相比如何？

2025年11月28日，中国人民银行召开打击虚拟货币交易炒作工作协调机制会议。