• Today is Black Friday. It’s usually seen as a bearish signal after Thanksgiving, but not this year. Bitcoin already experienced its drop earlier; last year it was $95,000 on Black Friday, while this year it stands at $91,000.

• South Korea’s largest crypto exchange Upbit was hacked, with over $30M in losses, mostly from the Solana ecosystem. The attacker is suspected to be Lazarus, North Korea’s well-known hacker group.

• After a network-wide vote, Ethereum validators approved raising the gas limit from 45M to 60M. On the same day, VanEck’s ETH ETN staked 12,600 ETH ($37.9M), making a significant contribution to Ethereum’s security and staking economy.

• Switzerland announced that, despite enacting the Crypto-Asset Reporting Framework (CARF) on January 1, it will delay international crypto tax information sharing until 2027.

• MegaETH announced that all funds from the Pre-Deposit Bridge will be refunded due to sloppy execution. Some investors see the decision as bold and responsible, while others are frustrated by the team’s frequent changes of direction.

• The Ethereum Foundation’s interest in privacy continues. Vitalik sent 128 ETH to SignalApp, Session, and SimpleX to support privacy tools, while Grayscale’s spot ZEC ETF filing signals growing institutional approval of privacy assets.

• According to CryptoQuant, whale inflows to Binance hit $7.5B over the past 30 days, marking a yearly high. Looking at ETFs, both BTC and altcoin markets continue to see strong weekly inflows.

Stock market is closed, so this is all from this month. November. The superior month with my birthday in the middle. Crypto never sleeps so I'll continue to write on the weekend. See you tomorrow. And hoping a better month, December.