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  • 01:44
    New VAT Regulations on Gold Trigger Chain Reaction: Multiple Banks Suspend Physical Gold Redemption for Accumulated Gold Accounts
    Jinse Finance reported that on November 1, the Ministry of Finance and the State Administration of Taxation introduced new VAT regulations for gold. On the first working day after the weekend, banks such as Industrial and Commercial Bank of China and China Construction Bank successively issued announcements stating that they would suspend new purchases and physical gold redemption for their gold accumulation services; some banks without official announcements have also effectively suspended physical gold redemption. Among them, Industrial and Commercial Bank of China announced on the morning of November 3 that, due to macro policy influences and in accordance with the bank's risk management requirements, starting from November 3, 2025, it will suspend the opening of accounts, active accumulation, new regular accumulation plans, and applications for physical gold withdrawal for the Ruyi Gold Accumulation business. The execution of valid regular accumulation plans and the handling of redemption and account closure for existing customers will not be affected. This means that new customers cannot make purchases, new regular investment plans cannot be opened, and physical gold cannot be withdrawn.
  • 01:44
    USD/JPY rises to 154.48, reaching a new high since mid-February
    According to ChainCatcher, citing Jinse Finance, the USD/JPY rose by 0.18%, reaching as high as 154.48, marking its highest level since mid-February.
  • 01:44
    StakeWise DAO successfully recovers approximately $20.7 million worth of stolen crypto assets
    According to ChainCatcher, the StakeWise DAO emergency multisig has successfully executed a series of transactions, recovering approximately 5,041 osETH (worth about $19 million) and 13,495 osGNO (worth about $1.7 million) from the Balancer exploit attacker. The recovered osETH accounts for 73.5% of the total stolen amount, while all of the stolen osGNO has been retrieved. The unrecovered portion of osETH was quickly converted to ETH by the attacker. StakeWise stated that all recovered funds will be returned to affected users in proportion to their balances prior to the exploit, and a detailed post-incident analysis report will be released soon.
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