AB Charity Foundation has further added 5 million, with a total of 15 million Hong Kong dollars in three donations, practicing the "Spirit of Lion Rock" with the Hong Kong Branch of the Chinese Association for Promoting Peaceful Reunification.
Source: AB Charity Foundation
On the afternoon of November 26, 2025, a level-5 fire broke out at Wang Bo Wai, Hong Kong, causing significant casualties and property losses. This serious disaster touched the hearts of the entire Hong Kong and global Chinese community, and various sectors took emergency action to support the affected residents through donations, supplies, and volunteer services.
Against this backdrop, on November 28, 2025, the AB Charity Foundation took the lead in donating 10 million Hong Kong dollars; on December 1, the foundation added another 2 million Hong Kong dollars, with a total donation of 12 million Hong Kong dollars through the Hong Kong Association for the Promotion of Peaceful Reunification of China.
On December 2, the AB Charity Foundation once again added a donation of 3 million Hong Kong dollars. So far, regarding the relief projects related to the Wang Bo Wai fire, the AB Charity Foundation has donated a total of 15 million Hong Kong dollars through the Hong Kong Association for the Promotion of Peaceful Reunification of China. The foundation hopes to assist the affected residents in returning to normal life as soon as possible with the joint efforts of the Hong Kong SAR Government and the various sectors of society, continuing the spirit of solidarity and mutual assistance carried by the "Lion Rock Spirit."
The AB Charity Foundation stated that it will continue to follow up on the disaster situation and donate further as appropriate.
About AB Charity Foundation
The AB Charity Foundation is an independent international non-governmental organization registered in Ireland and holding the status of a legal entity in the European Union, with its technical and financial support coming from AB DAO. The foundation is committed to building a transparent, trustworthy, and traceable public welfare infrastructure with cutting-edge technologies such as blockchain and artificial intelligence to promote sustainable development in public utilities such as education, healthcare, environment, and humanitarian aid.
AB Charity Foundation Website: https://www.abfdn.org
AB DAO Website: https://www.ab.org

This article is contributed content and does not represent the views of BlockBeats.
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The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.
Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.
Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.
The trading process has been streamlined into five steps:
· Choose the trading asset
· Select long or short
· Input position size and leverage
· Confirm order details
· Confirm and open the position
The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.
Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:
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· End-to-end encrypted voice communication
· One-click position sharing
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On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.
By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.
Mixin has also introduced a referral incentive system based on trading behavior:
· Users can join with an invite code
· Up to 60% of trading fees as referral rewards
· Incentive mechanism designed for long-term, sustainable earnings
This model aims to drive user-driven network expansion and organic growth.
Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:
· Separation of transaction account and asset storage
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· Platform does not custody user funds
· Built-in privacy mechanisms to reduce data exposure
The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.
Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.
The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.
Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.
This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."
The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.
Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.
Its core capabilities include:
· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations
· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets
· Decentralization: achieving full user control over assets without relying on custodial intermediaries
· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication
Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.

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