Market fluctuations continue, with total contract liquidations across the network reaching $474 million in the past 24 hours, mainly concentrated in long positions. On the other hand, PayPal's stablecoin PYUSD has officially launched on the Stable mainnet, adding another member to the ecosystem.
Interestingly, a whale's operation has attracted attention—selling 20,000 ETH through a cyclic lending strategy to repay loans. Such high leverage maneuvers are not uncommon in the market. However, the most concerning issue is security. According to Chainalysis tracking data, North Korean hackers stole

So we're just gonna pretend that whole Mr Beast knockoff coin thing never happened? The bags are sitting at zero now—community members got absolutely wrecked. Where's the accountability for hyping up what turned out to be a complete rug scenario? This is exactly the kind of thing that erodes trust in the entire space. People need to remember: not every viral project has legs, and some influencer picks are straight up disasters waiting to happen.

If those documents actually drop, what kind of shockwave are we looking at? The market could swing hard depending on what's in there.

Developer Jarrett Dunn got six years in prison for raiding PumpFun. The guy siphoned roughly $2M from the platform's wallets, but here's the twist—he didn't pocket any of it. Instead, he scattered the funds across thousands of random addresses.
Why'd he do something so wild? Dunn claims he was trying to expose vulnerabilities and alert regular investors about potential security risks. Pretty controversial reasoning, obviously. The court didn't buy it as a valid defense.
This case is a cautionary tale for the crypto space. It highlights how serious authorities take unauthorized access to tradin

Major moves shaping the crypto landscape this week: A leading exchange is broadening its offerings to include equities and prediction markets, signaling continued mainstream integration. Meanwhile, the SEC rolled out fresh custody guidance for digital assets, providing clearer frameworks for institutional participation. On the stablecoin front, a fintech platform is launching its own offering, joining the growing lineup of issuers. These developments underscore the industry's evolution toward broader adoption and regulatory clarity.

US President Trump is set to sign an executive order aimed at accelerating the reclassification of marijuana from Schedule I to Schedule III under federal law. This move marks a significant shift in the nation's drug policy stance and could reshape the regulatory landscape around cannabis-related businesses and research.

NEAR protocol has launched on the Solana network. This cross-chain deployment expands NEAR's ecosystem reach and strengthens interoperability between two major blockchain platforms. The move enables users to access NEAR's DeFi protocols and applications through Solana's network, potentially driving adoption across both ecosystems.

The Solana ecosystem is facing growing legal challenges. The Pumpfun lawsuit developments are escalating and drawing serious attention from regulators and market participants. This ongoing litigation could have significant implications for launchpad platforms and token distribution mechanisms across the blockchain space. Investors and protocol participants should closely monitor how this legal situation unfolds.

A certain centralized project's airdrop mechanism has sparked user doubts. Some users reported that they were forcibly removed from the 12-month active leaderboard before the snapshot, then suddenly restored after the snapshot, only to be shown as ineligible when checking the airdrop. This series of operations is confusing—how exactly is eligibility determined? There seems to be an inconsistency in the leaderboard data. Such issues frequently occur at various stages of project airdrops, significantly impacting user experience. Many participants believe that this kind of mechanism design easily

A school staff member in Massachusetts got caught red-handed running cryptocurrency mining operations using the institution's power supply. The unauthorized mining setup resulted in estimated losses of IDR 280 million—a significant drain on school resources. This case highlights the real-world risks of crypto mining infrastructure, particularly when individuals attempt to profit from Bitcoin extraction without authorization. The incident raises important questions about energy consumption in mining operations and institutional security measures to prevent unauthorized use of electrical systems

SCOR Protocol performed remarkably in its first day of trading after the token launch, becoming a leader in the 24-hour gain list of a major exchange. The project’s TGE launch received an enthusiastic response from the market, with trading volume and attention both exceeding expectations. Congratulations to the SCOR team on a successful launch!

Few people have paid attention to this detail—there has been a major development in the RICO lawsuit against Pump.fun.
The court recently approved the plaintiff's motion to amend the complaint. What's the key? They submitted approximately 5,000 internal chat records from a re-emerged informant. This new evidence could change the entire course of the case.
The judge's approval means these communications are now officially part of the litigation process. For the entire project ecosystem, this is undoubtedly a significant breakthrough—both for the defendants and for confidence in the crypto marke

A major development in the crypto space: $DJT is joining forces with fusion innovator TAE Technologies through a landmark $6 billion merger. This all-stock transaction is slated to wrap up around mid-2026, with both companies' shareholders walking away with roughly equal stakes in the merged entity—each side claiming approximately 50% of the combined outfit. Could reshape the intersection of digital assets and clean energy tech.

Crypto security took a hit in 2025—total hacks across the industry reached $3.4 billion. What's concerning is the shift in attack patterns: individual wallets are increasingly becoming targets, not just major exchanges or protocols. This means the threat landscape is evolving. Wallet security just became everyone's responsibility. Whether you're holding assets in self-custody or on platforms, this trend underscores why understanding key management and security practices matters more than ever.

VOOI project launches today, with multiple mainstream exchanges simultaneously opening trading. According to the official plan, VOOI ($VOOI) will officially start trading on December 18th at 13:00 UTC on several platforms including a leading exchange, Kraken, Kucoin, Bybit, Bitget, Gate.com, MEXC, and others.
VOOI adopts an intent-based innovative mechanism design, aiming to provide Web3 users with a more efficient interaction experience. The simultaneous launch across multiple exchanges means that investors can conveniently participate in the VOOI ecosystem through various major platforms. It

Gate founder Lin Han recently gave an exclusive interview, providing an in-depth discussion on the future market trends and exchange development strategies. The interview covered core topics such as the ecological reflection after the FTX collapse, the importance of the Proof of Reserves (PoR) mechanism, the U.S. compliance roadmap, and market changes brought about by emerging competitor Hyperliquid. It also touched on Gate's IPO planning progress and strategic topics such as whether to pursue bank license acquisitions. As a leading exchange leader, his insights reflect the current regulatory

A major mining initiative has reached its conclusion today, ending a 2.2-year operational period that kicked off in early October 2023. The shutdown marks a significant milestone for the mining ecosystem, as participants wrap up their final activities on the platform. This closure impacts the broader mining landscape, particularly for users who have been engaged with the protocol since its launch phase. The extended run provided substantial hashrate contributions and engagement throughout 2024 and into 2025. Project participants and mining pool operators are adjusting their strategies as this

Norwegian airport duty-free shops are now accepting Bitcoin payments via the Lightning Network. This marks another milestone for crypto adoption in one of the world's wealthiest nations. The move signals growing mainstream acceptance of Lightning Network technology as a practical payment solution in high-traffic retail environments. With major economies gradually opening doors to Bitcoin transactions, the shift from speculative asset to functional currency continues to gain traction. For traders and crypto enthusiasts, this reflects the broader narrative: institutional and commercial infrastru

Recently, the approval process for new account applications at Interactive Brokers(IBKR) has noticeably tightened. It is understood that many users' account opening requests have been rejected by the risk control department, reflecting a further upgrade in the platform's risk management strategy.
For investors who have already successfully opened accounts, the accounts in their possession now appear especially valuable. To be honest, in the current trading ecosystem, Interactive Brokers, with its comprehensive asset class coverage, highly competitive fees, and powerful trading tools library, r

Asian Development Bank Provides $325 Million in Financing Support
The $325 million financing package provided by the Asian Development Bank sends an important signal of support for the crypto and blockchain ecosystem. This move reflects the increasing interest of international institutions in strengthening digital asset infrastructure in emerging markets. Such developments, which demonstrate the rapid evolution of financial institutions' investment strategies toward Web3 projects and blockchain technology, indicate that the sector is becoming increasingly integrated with mainstream finance.