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International Paper's Shutdowns: Sign of Expansion or Indication of Financial Trouble?
International Paper's Shutdowns: Sign of Expansion or Indication of Financial Trouble?

- International Paper will close two U.S. packaging plants by 2026, impacting 218 employees, as part of cost-cutting amid weak demand. - The closures align with its $600M operational streamlining strategy, including the recent DS Smith acquisition to strengthen North American/European markets. - Financial risks escalate with Q3 2025 losses, -0.04% operating margin, and an Altman Z-Score of 1.47 signaling potential bankruptcy within two years. - Analysts remain divided: some highlight undervalued stock pote

Bitget-RWA·2025/11/18 15:48
ProverNet's ZK Marketplace Drives DeFi Expansion Through Scalable Verification
ProverNet's ZK Marketplace Drives DeFi Expansion Through Scalable Verification

- Brevis launches ProverNet, a decentralized ZK proof marketplace using TODA auctions to scale blockchain verification. - Platform processes 250M+ proofs via zkVM execution and recursive aggregation, achieving 99.6% Ethereum block verification under 12 seconds. - BREV token enables staking, governance, and payments while partners like PancakeSwap and Linea leverage infrastructure for DeFi applications. - Entering a competitive ZK market with Proof Market and Prover Network, ProverNet targets DEX hooks and

Bitget-RWA·2025/11/18 15:48
Brazil Narrows Crypto Tax Loopholes to Meet International Norms
Brazil Narrows Crypto Tax Loopholes to Meet International Norms

- Brazil plans to tax crypto cross-border payments under IOF, aligning with OECD's CARF framework to close regulatory gaps. - The move targets stablecoins like USDT , addressing forex risks and preventing money laundering through stricter data sharing. - With 20% YoY growth in crypto transactions ($42.8B H1 2025), the tax aims to boost revenue amid fiscal challenges. - Global CARF adoption by US, EU, and UAE highlights coordinated efforts to combat crypto tax evasion and regulatory arbitrage. - Brazil's ce

Bitget-RWA·2025/11/18 15:48
Solana News Update: Institutional Demand Fuels Solana ETF Growth Even as Prices Decline
Solana News Update: Institutional Demand Fuels Solana ETF Growth Even as Prices Decline

- VanEck's zero-fee Solana ETF (VSOL) launched on November 17, driving institutional adoption despite a 3% SOL price drop. - Solana ETFs (VSOL, BSOL, GSOL) attracted $350M+ inflows since October, outperforming Bitcoin ETFs amid crypto volatility. - Partnership with SOL Strategies provides institutional-grade staking, leveraging Solana's 7% yield and PoH consensus for scalability. - Analysts highlight Solana's DeFi appeal and ETF-driven demand, though macro risks and whale selling cloud short-term price out

Bitget-RWA·2025/11/18 15:48
Flash
06:25
Perena founder: Considering simplifying the USD* structure and reverting to a single portfolio
Foresight News reports that stablecoin infrastructure Perena founder Anna Perenina tweeted that she is considering simplifying the USD* product architecture. The current plan is to restore USD* to a non-layered, full portfolio, with an estimated APY of about 10%. At the same time, USD*-P will be established as the main fixed income product, with an expected APY of 5-6%, and USD*-J will provide over 100% excess collateral protection. Previously, after the team layered USD*, most users did not hold them simultaneously, resulting in a decline in USD* yield; therefore, a single structure restoration is being considered, and feedback is being sought from the community.
06:24
Nissan: Global sales in April decreased by 7.6% year-on-year to 208,663 vehicles
Nissan: Global sales in April down 7.6% year-on-year to 208,663 vehicles
06:23
Former Bank of Japan Deputy Governor Hiroshi Watanabe: What matters is to assess whether the current economy is strong enough to withstand a Bank of Japan rate hike; whether the rate hike happens in June is not the core issue.
Former Bank of Japan Deputy Governor Hiroshi Watanabe: The key is to assess whether the current economy is strong enough to withstand a rate hike by the Bank of Japan; whether or not to raise rates in June is not the core issue.
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