Charles Munger, the vice chairman of Berkshire Hathaway and longtime partner of Warren Buffett, has died at the age of 97. Munger was known for his blunt investing style and his ability to outperform the market. He was also a philanthropist, donating over $100 million to build housing at the University of Michigan. Munger lived modestly and was often compared to Buffett for his aversion to following trends.

Mummolin, Inc. announced that it has raised $6.2 million in seed funding, with strategic partners such as Jack Dorsey, Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and Bitcoin Opportunity Fund leading the investment. The seed funding will support the launch of the decentralized Bitcoin mining project OCEAN.

On November 21st, cryptocurrency mining company Phoenix Group completed its IPO on the Abu Dhabi Securities Exchange, receiving 33 times oversubscription. The company issued 907,323,529 shares of stock, with retail investors oversubscribing by 180 times and professional investors oversubscribing by 22 times. The tender offer period will end on November 18th, and the listing is scheduled for December 4th, 2023, with the trading code being PHX.
As previously reported by BlockBeats, on November 15th, Phoenix Group announced that it would conduct an IPO on the Abu Dhabi Securities Exchange on November 16th. Phoenix Group set the tender offer price at 1.5 dirhams per share, and is expected to sell a total of 1.36 billion dirhams (approximately 370 million US dollars) in shares.

On November 16th, BlackRock submitted its S-1 application for a spot Ethereum ETF to the US SEC.

CPI positively surprises stocks, and Bitcoin catches a bid as inflationary pressures are shown to be declining faster than thought.

Cryptocurrency group BGX has made a strategic investment in BC Technology Group, the parent company of licensed virtual asset exchange OSL in Hong Kong, subscribing to new shares worth approximately HKD 710 million.
Previously, Golden Finance reported that BC Technology Group, the parent company of OSL, was suspended from trading on the Hong Kong Stock Exchange, and applied for the suspension of share trading on the Hong Kong Stock Exchange to wait for the company to issue new shares (constituting insider information) to publish an announcement.

CoinDesk’s Omkar Godbole says rising open interest on the Chicago Mercantile Exchange isn't always the best indicator for bitcoin’s price.

Moody's Head of DeFi Rajeev Bamra considers the role stablecoins play cryptocurrency markets, and the risks posed by "depegging" events.

How exchange-traded funds and futures contracts can reach TradFi and turbocharge the growth of crypto markets.

1、Circle Research Releases White Paper on "ECDSA Signature Robustness Threshold"