Mars Finance | "Machi" increases long positions, profits exceed 10 million dollars, whale shorts 1,000 BTC

Russian Households Have Invested 3.7 Billion Rubles, About $47.3 Million, in Crypto Derivatives

According to Cryptopolitan, the Central Bank of Russia stated that although domestic investment in crypto derivatives is growing, it does not pose a risk to the financial system. Its published "Financial Stability Assessment" report revealed data for the second and third quarters of 2025: Russian households have invested approximately 3.7 billion rubles (about $47.3 million) in crypto-based derivative instruments, with some investments linked to Russian bonds whose returns are tied to the value of digital assets. Individual participants' investments in crypto-linked futures contracts on the Moscow Exchange are also small in scale. Among the 1,900 investors trading crypto futures, most have small portfolios, not exceeding 500,000 rubles (about $6,400). Meanwhile, the largest contribution to the overall investment scale comes from a few large participants, whose open positions exceed 100 million rubles (about $1.28 million). In addition, in the second and third quarters of 2025, the trading volume of Russian citizens on overseas crypto exchanges dropped by 18% compared to the previous two quarters.

On-chain Whale Movements: "Machi" Increases Long Positions, Profitable Whale Shorts 1,000 BTC

On November 28, according to Hyperinsight monitoring, the following are the most active on-chain whale movements in the past 24 hours: "Machi Big Brother" Huang Licheng's address continues to roll over long positions, going long 8,200 ETH with 25x leverage and 172,809 HYPE with 10x leverage, both currently in floating profit. A whale with over $10.6 million in profits on Hyperliquid shorted 1,000 BTC with 3x leverage. The "1011 Insider Whale" remains inactive, holding a 5x leveraged long position of 15,000 ETH, with floating profit narrowing to $1.01 million. There have been no changes in the current positions.

As Crypto Fraud Spreads, Interpol Elevates Scam Network to Global Threat

According to Decrypt, Interpol passed a resolution at its General Assembly in Marrakech this week, officially recognizing crypto-related fraud as the core of a vast scam industry and listing this network as a transnational criminal threat. Global law enforcement agencies are currently strengthening coordinated control over its financial flows. These criminal networks rely on human trafficking, online scams, and forced labor, with victims from over sixty countries. Criminals often lure victims with promises of high-paying overseas jobs, tricking them into illegal locations and forcing them to engage in voice phishing, romance scams, investment fraud, and crypto scams. Scam groups recruit victims through fake job opportunities, transport them to illegal sites, and then force them to commit crimes. They use advanced technology to "deceive victims and cover up criminal acts," and these cross-border criminal networks are "highly adaptive." The scam center model first drew international attention in Southeast Asia and has now spread to parts of Russia, Colombia, East African coastal countries, and some regions of the UK. In May this year, the US Treasury cut financial ties with Cambodia's Huione Group, accusing it of laundering $4 billion for scams. This month, the US Department of Justice formed a special task force with multiple agencies, and Interpol's resolution marks a new stage in global law enforcement collaboration.

Malicious Google Chrome Extension "Crypto Copilot" Steals Solana Swap Funds by Hiding Extra Transfers

According to Cointelegraph, cybersecurity firm Socket disclosed in a report on Tuesday that a malicious Google Chrome extension called Crypto Copilot allows users to trade on the Solana blockchain via X social media posts, while secretly siphoning off fees from each swap and transferring them to the creator's wallet. When executing swaps for users via the decentralized exchange Raydium, the extension adds a hidden instruction to transfer Solana coins from the user's account to the attacker's account. Unlike typical malware that tries to steal the entire wallet balance, this extension takes at least 0.0013 Solana coins (about 0.05% of the transaction amount) per swap. The user interface only displays swap details, and the wallet confirmation screen summarizes the transaction without showing specific instructions, causing users to unknowingly authorize both the swap and the fund transfer when they think they are only signing a swap. Although the extension has accumulated only 15 users since its release on June 18, 2024, it still exposes security risks in the browser extension ecosystem.

Trump: The Stock Market Will Continue to Hit New Highs

On November 28, US President Trump stated that the stock market will continue to hit new highs. We may almost completely eliminate income tax due to tariff revenue.

UK Proposes "No Gain, No Tax" Rule for DeFi

According to CoinDesk, the UK government is developing a new tax framework that could benefit DeFi users. The proposal released this week shows that HM Revenue & Customs supports applying a "no gain, no tax" principle to crypto lending and liquidity pool arrangements. Under the current system, DeFi users depositing funds into protocols, even just to earn profits or as collateral for loans, may trigger capital gains tax. The new measure would defer taxation until an economically meaningful disposal of assets occurs. This means users depositing crypto into lending protocols or providing tokens to automated market makers would no longer need to pay tax at the time of deposit, but only when they eventually sell or trade the assets and realize gains or losses. The proposal aims to align tax rules with the actual operation of DeFi, reducing administrative burdens and avoiding unreasonable tax outcomes. The new principle also applies to complex multi-token arrangements: if users withdraw more tokens than they deposited, the profit portion is taxable; if less, it is considered a loss. However, this model is not yet finalized, and the government is still consulting with professionals and DeFi developers. HM Revenue & Customs has not set a legislative timetable but said it will continue to engage with the industry and assess the need for legislation.

Speculative Tokens Are Dead, Equity Tokens Should Rise

After experiencing a speculative bubble, the crypto industry saw the altcoin market collapse due to a lack of fundamental support, with retail investors turning to other investment channels. The article points out that the core of token value lies in protocol revenue and analyzes the types of protocols currently performing well in the crypto market, such as stablecoins and derivatives platforms. Finally, it proposes standards for future token investments and several protocol cases that meet these standards.

Bitcoin Surges Above $91,000, New Opportunities Emerge Amid Market Panic

Bitcoin broke through $91,000, up 4.18% in 24 hours, showing signs of market stabilization. Macro, capital, and market structure are being repriced, while market sentiment remains in a state of extreme fear.

Why Is Agent Oracle the Foundation of AI×Web3?

The article discusses the limitations of LLMs in real-world state judgment, proposes Agent Oracle as a solution, and introduces technical directions such as Sora and ERC8004 + x402.