Huoxun Finance reported on November 12th that Bybit's Lazarus Security Lab released a report stating that 16 mainstream blockchains already have mechanisms in their code that can freeze or restrict user funds, and another 19 blockchains can achieve similar functionality through minor protocol modifications. The report identifies three types of freezing mechanisms: hard-coded freezing (such as BNBChain and VeChain), configuration-based freezing (such as Sui and Aptos), and contract-based freezing (such as HECO). Notably, Sui froze $162 million in stolen assets after the Cetus incident, and BNBChain prevented a $570 million cross-chain bridge attack through a blacklist mechanism. David Zong, Bybit's Head of Risk Control, stated that transparently disclosing these mechanisms helps the industry build trust and improve governance.

Odaily Planet Daily reports that Nano Labs, the US-listed cryptocurrency treasury (DAT) company specializing in BNB, announced the early repayment of its convertible bonds to strengthen risk management and protect investor interests. Nano Labs stated that given the increased and ongoing global economic uncertainty and the continued volatility of digital asset prices, early debt repayment will minimize the company's risk from potential "black swan" events and enhance its financial flexibility. As of the end of July, Nano Labs held approximately 128,000 BNB. (Globenewswire)

Odaily Planet Daily reports that JPYC, Japan's first officially licensed yen-denominated stablecoin issuer, stated that as the stablecoin market expands, issuers may become significant buyers in the Japanese government bond (JGBs) market. JPYC plans to invest 80% of its issuance proceeds in government bonds and deposit 20% in banks, a model expected to fill the market gap left by the Bank of Japan's slowing bond purchases. JPYC began issuing its yen-denominated stablecoin on October 27th, with a current issuance of approximately $930,000 and a three-year target of $66 billion. CEO Noritaka Okabe stated that the demand for government bonds in stablecoin reserves will be influenced by the supply and demand balance of stablecoins, a trend that will emerge globally. (Cointelegraph)

Odaily Planet Daily reports that Eye, the on-chain analyst who exposed the "1011 insider whales," stated in an article on the X platform that besides the disclosed crypto KOL IcoBeast, MegaETH has still not effectively removed Sybil addresses. Even some crypto protocol founders are involved; for example, ggmxbt, co-founder of SHIFT Protocol, is likely one of those who slipped through the net, using two addresses to bid a total of 77,000 USDT. Eye points out that while it's impossible to catch every Sybil cluster, stronger measures should be taken against those attempting to manipulate the situation for their own benefit, especially in situations like pre-sales.

Odaily Planet Daily reports that Nasdaq-listed Bitcoin mining company BitFuFu released its Q3 financial report, disclosing that it mined 174 BTC in Q3, and its total Bitcoin holdings increased to 1,962 BTC as of September 30, a year-on-year increase of 19.8%. The company also reported total revenue of $180.7 million in Q3 (of which $20.1 million was from its own mining operations), a 100.1% increase from $90.3 million in the same period last year. (Globenewswire)