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Crypto & Finance Updates: Pudong Bank, Vitalik on Self-Driving, Warren vs. Zhao, Whale Watch

2 min read

Key Highlights

  • Pudong Bank actively recruiting for digital yuan specialists in Chengdu.
  • Vitalik advocates for open-source and verifiable self-driving systems.
  • Senator Warren defends her statements regarding Zhao Changpeng's guilty plea in money laundering cases.
  • Crypto whale analysis, including monitoring of profitable and losing trades.
  • Updates on Bitcoin deposits into Kraken exchange.
  • Upcoming token unlocks for ENA, MEME, BB, and others.

In-Depth Analysis

Pudong Bank Digital Yuan Hiring: According to Pudong Bank's official website, the Technology Development Department posted several digital yuan-related job postings on October 24, 2025, covering testing, development, and domain architecture design, located in Chengdu. Recruitment requirements range from 3 to 8 years of relevant experience, emphasizing financial system development testing experience, distributed architecture capabilities, and an understanding of digital currency protocols.

Vitalik on Open-Source Self-Driving: Vitalik Buterin proposed that self-driving systems should be open source and verifiable. Third parties and insurance institutions can sign 'payable' algorithm outsourcing for traffic accident value judgment. He suggested that licensed algorithms should be executed on public roads. He pointed to comma.ai's open-source project Openpilot (GitHub).

Warren Responds to Zhao Libel Claims: U.S. Senator Warren's lawyers responded on November 2, 2025, to a letter accusing her of libel for stating that Zhao 'pleaded guilty to and was sentenced for money laundering crimes.' The letter pointed out that Zhao pleaded guilty in 2023 to violating the U.S. Bank Secrecy Act, admitting to failing to establish effective anti-money laundering mechanisms. The letter emphasized that the relevant plea agreement and Department of Justice releases were publicly available, making the libel claims baseless.

Whale Activity Monitoring: On-chain analysts are tracking whales making substantial trades in cryptocurrencies, including short positions on ASTER and long positions on SOL, focusing on the overall profitability of these trades.

Market Updates: Additional updates include statements from CZ regarding purchases of BNB and ASTER, remarks from U.S. Treasury Secretary Yellen on potential interest rate cuts, and reports of increased SOL holdings by crypto whales.

Upcoming Token Unlocks: Ethena (ENA), Memecoin (MEME), and BounceBit (BB) are among the tokens scheduled for significant unlocks in the coming week.


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