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13 minutes ago

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Justin Sun Commits to TUSD Bailout and Legal Action Against Fraud

Justin Sun has taken decisive action in response to the challenges facing TUSD, committing to a full bailout of all users affected by recent issues. Contrary to expectations that he would distance himself, Sun has publicly pledged to pursue justice and dismantle the fraud network involved. This effort includes global coordination with top-tier law firms and direct engagement with regulators and courts, highlighting his commitment to industry integrity and personal credibility.

TUSD -0.00%
14 minutes ago

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TUSD Fraud Unveiled: $456 Million Scheme Exposed

A massive fraud involving TUSD has been uncovered, revealing a coordinated scheme that siphoned off $456 million in user assets. The conspiracy, led by Aria Group's Matthew Brittain and involving FDT, Legacy Trust, Finaport, and Archblock/TrueCoin, spanned multiple countries including Dubai, Hong Kong, Singapore, the U.S., and the Cayman Islands. These entities misrepresented investments, forged documents, and concealed fund destinations, assuming stablecoin reserves were "ownerless money." The fraudsters believed no one would pursue them, but their assumptions were shattered when Justin Sun intervened to stabilize TUSD, and a global legal offensive was launched. This included actions in Hong Kong, Dubai, Singapore, the UK, and the U.S., leading to significant legal and regulatory measures. Internal whistleblowers and forensic tracing have further exposed the network, breaking the conspirators' information barrier.

TUSD -0.00%
20 minutes ago

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SOON Overhauls x402 for AI-Driven Capital Markets

SOON has conducted a high-speed prediction market test, 10sSOON, on the x402 platform, achieving 95,880 transactions and $791,000 in prediction volume. However, the x402 infrastructure struggled with the load, revealing limitations in handling AI-driven capital flows. In response, SOON is rebuilding the system to enhance throughput and reduce latency, aiming to support real-time execution for AI capital markets. The overhaul focuses on x402's facilitator layer, which currently causes transaction gridlock and network congestion. SOON's solution involves a complete redesign to enable higher throughput and lower latency, preparing the platform for AI-driven financial activities. This upgrade is part of SOON's broader vision to create a robust infrastructure for AI capital markets, allowing agents to deploy their own blockchains and operate efficiently. SOON's initiative is led by a team of former L1/L2 veterans, aiming to establish a scalable, high-performance market where AI can not only trade but also build. The next phase includes the release of the facilitator upgrade and the development of AI capital market foundations, with the agent chain-launch product on the horizon.

SOON -0.27%
22 minutes ago

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Crypto Fraudsters Misjudge Determined Pursuit by Sun Yuchen

A group of fraudsters, including FDT and Legacy Trust under Vincent Chok, and others like Finaport and Aria Group, underestimated the resolve of Sun Yuchen in a major stablecoin reserve theft. Believing that the dispersed nature of stablecoin holders would prevent any significant legal pursuit, they assumed the stolen funds would go unchallenged. However, Sun Yuchen's unexpected intervention, including a $500 million personal fund replenishment, has turned the tables. Contrary to the fraudsters' expectations, Sun Yuchen has aggressively pursued legal action across multiple jurisdictions, including Dubai, Hong Kong, and the United States. His actions have led to unprecedented legal measures, such as the DIFC's first global freezing order, and have exposed the fraudsters' assets and identities. This relentless pursuit has shattered their assumptions and highlighted Sun Yuchen's commitment to principles and accountability in the crypto industry.

STABLE +5.96%
1 hour ago

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Coinbase Introduces 24/7 Altcoin Futures Trading, Perpetuals to Follow

Coinbase has launched 24/7 trading for altcoin monthly futures, enhancing access to derivatives for non-bitcoin assets such as SHIB, AVAX, ADA, and DOGE. This initiative aims to improve liquidity and price discovery in the altcoin market. Additionally, Coinbase plans to introduce perpetual-style contracts on December 15, further expanding its derivatives offerings. The move underscores Coinbase Derivatives' commitment to providing comprehensive trading options for alternative crypto assets.

ADA -8.39% AVAX -10.75% DOGE -7.83% SHIB -7.04%
2 hours ago

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ProShares Withdraws 3x Leveraged Crypto ETFs Amid SEC Concerns

ProShares has halted its plans to launch 3x leveraged ETFs for Bitcoin, Ether, XRP, and Solana, following concerns raised by the U.S. Securities and Exchange Commission (SEC). The SEC highlighted the potential risks associated with these products, noting that they may not adequately account for the extreme volatility of the underlying cryptocurrencies, which could lead to significant losses for investors. Data from Bloomberg Intelligence indicates that there have been over 350 trading sessions where at least one cryptocurrency experienced a daily price shift of 33% or more. Such volatility poses a risk to leveraged funds, potentially causing them to underperform or fail. In response, ProShares has withdrawn its ETF filings to address these regulatory concerns before moving forward.

BTC -4.43% ETH -9.27% SOL -8.74% XRP -8.61%
2 hours ago

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Whitelist-Driven Momentum Boosts Crypto Market in 2025

In 2025, the crypto market is experiencing a shift towards whitelist-driven momentum, where early access to tokens via whitelist mechanisms offers investors structural advantages. Ethereum (ETH) is expected to grow by 65% in Q3 2025, fueled by Ethereum 2.0 upgrades, EIP-1559, and the approval of an Ethereum ETF in July 2024. Solana (SOL) and Sui (SUI) have also recorded significant gains, supported by infrastructure improvements and regulatory developments like the U.S. Digital Currency Act. Institutional interest in markets such as India and the U.S. has propelled Chainlink (LINK) and BNB Chain by 58% and 32%, respectively. To manage the high volatility, investors are turning to AI-driven crypto indices, which have successfully reduced portfolio volatility by 30-40%.

BNB -5.66% ETH -9.27% LINK -9.94% SOL -8.74% SUI -10.83%
2 hours ago

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Bitcoin Drops to $80,000, Sparking Debate on Market Direction

Bitcoin's price fell sharply from $126,000 to $80,000 in November 2025, creating a trading range between $81,000 and $91,000. This decline has sparked discussions on whether it presents a buying opportunity or signals a deeper bear market. Technical indicators show a bearish break below the 50-week EMA, while the 200-day EMA remains upward, indicating mixed market signals. On-chain data highlights weak demand from short-term holders, contrasted by whale accumulation at lower prices. The fear and greed index plummeted to a record low of 10, and spot Bitcoin ETFs experienced a $3.79 billion outflow, with BlackRock’s IBIT leading the withdrawals. Despite prevailing bearish sentiment, whale activity and the 200-day EMA's resilience suggest a potential market bottoming.

BTC -4.43%
2 hours ago

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On-Chain Analytics Platforms Offer Rapid Data Updates

Leading on-chain analytics platforms such as Glassnode, CryptoQuant, Santiment, and Nansen provide frequent updates to their metrics, enhancing market responsiveness. Glassnode updates indicators like NUPL every 10-20 minutes, with daily data finalized at 00:00 UTC and stabilized within two hours. Their weekly reports are typically released on Mondays or Tuesdays. CryptoQuant processes data every 1-20 minutes, offering updates on both hourly and daily bases, with a weekly newsletter published on Sundays. Meanwhile, BWTS highlights behavior-weighted trend signals, emphasizing real-time and daily updates. These platforms' rapid data dissemination allows for swift market reactions, often occurring immediately to within 24 hours after statistical releases.
2 hours ago

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AI-Powered Exploits Could Cost DeFi Sector Up to $20 Billion Annually

The decentralized finance (DeFi) sector faces potential annual losses of $10 to $20 billion due to AI-driven smart contract exploits, according to industry experts. These AI agents could autonomously identify and exploit vulnerabilities in smart contracts, posing a significant threat to the security and stability of DeFi platforms. As the integration of AI in blockchain technology advances, the need for robust security measures becomes increasingly critical to safeguard digital assets and maintain investor confidence.

DEFI +6.17%
2 hours ago

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Erik Voorhees Advocates for Leadership in DAOs

Erik Voorhees, a prominent figure in the cryptocurrency space, has emphasized the importance of leadership within Decentralized Autonomous Organizations (DAOs). He argues that the notion of DAOs as flat, egalitarian structures is misguided and could lead to their failure. Voorhees suggests that effective leadership is crucial for the success and sustainability of these organizations, challenging the common perception that DAOs should operate without hierarchical guidance.
3 hours ago

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Major Altcoins Plunge Over 50% in Autumn 2025

Ten major altcoins with market capitalizations exceeding $500 million have experienced significant price declines during Autumn 2025, according to data from CryptoRank.io. Leading the downturn, $IP fell by 72%, while $ENA, $TIA, and $RENGU each dropped by 62%. The report, released on December 5, 2025, indicates a broad repricing across mid-cap tokens, with all assets declining by more than 50%. This trend coincided with reduced fund positioning in these tokens amid increased market volatility.

ENA -9.88% IP -16.40% REN -8.66% TIA -7.87%
3 hours ago

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Milk Mocha's NFT Strategy Boosts $HUGS Demand with Unique Utility

Milk Mocha has launched a new NFT strategy that requires the use of $HUGS tokens for minting, significantly increasing demand for the token. This initiative integrates NFT ownership with in-world benefits, upgrades, and exclusive experiences, enhancing the appeal of the NFTs. Additionally, a deflationary burn-to-upgrade mechanism is employed, aligning NFT utility with token circulation and ecosystem engagement. This strategy is designed to attract both crypto enthusiasts and mainstream fans, driving broader adoption and interaction within the Milk Mocha ecosystem.
5 hours ago

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ETFs and Public Companies Hold More Bitcoin Than Exchanges

Recent data reveals that more Bitcoin is currently held by exchange-traded funds (ETFs) and public companies than by cryptocurrency exchanges. This shift indicates a growing institutional interest in Bitcoin, as these entities accumulate significant holdings. The trend reflects a broader movement towards institutional adoption and the increasing role of regulated financial products in the cryptocurrency market.

BTC -4.43%
6 hours ago

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Peter Schiff Challenges Trump to Debate on US Economy

Peter Schiff, a well-known critic of cryptocurrencies, has publicly challenged President Trump to a debate on the US economy. This challenge follows Trump's recent remarks where he labeled Schiff a "loser." Schiff, who is known for his bearish views on Bitcoin and other digital assets, aims to confront Trump on economic policies and their implications for the country's financial future.

BTC -4.43%
6 hours ago

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Pi Network Enhances KYC with AI for $43M Token Unlock

Pi Network has upgraded its Know Your Customer (KYC) system with AI technology to enhance processing speed and minimize delays as it prepares for a significant token unlock. The integration of AI tools into the Standard KYC framework aims to efficiently manage a larger influx of users and facilitate their migration to the Mainnet. To date, over 17.5 million users have completed KYC, with 15.7 million successfully migrated to the Mainnet. The upcoming token tranche is valued at approximately $43 million.

PI -6.49%
6 hours ago

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MiniDoge Showcases NFTs at Art Basel Miami Beach

MiniDoge, a Web3 ecosystem project, is presenting its NFT collection at Art Basel Miami Beach from December 5 to 7. The exhibition aims to explore the intersection of Web3 technology and contemporary art. Art Basel Miami Beach, a premier global art event, features 283 leading galleries from 43 countries and is anticipated to draw over 80,000 art collectors, venture capitalists, and crypto industry leaders. MiniDoge's NFTs highlight the fusion of Meme culture, DePIN utility, and on-chain creativity.

MINIDOGE NFT -0.74%
7 hours ago

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Ethereum Shows Early Signs of Decoupling from Bitcoin in 2025

Ethereum is exhibiting early signs of decoupling from Bitcoin in 2025, as on-chain metrics reveal increased network adoption and a tighter supply. Bitcoin's dominance has dropped below 60%, while the ETH/BTC ratio has climbed by 2.08%, suggesting a potential shift in investor interest. Ethereum's staked supply has surpassed 36 million ETH, with exchange reserves at 8.84%, in contrast to Bitcoin's 14.8%. Recent network upgrades, including Pectra and Fusaka, have boosted Ethereum's weekly transactions to 1.66 million, solidifying its status as a leading Layer-1 blockchain. These developments indicate that Ethereum could potentially outperform Bitcoin in 2026, as investor focus continues to shift.

BTC -4.43% ETH -9.27%
7 hours ago

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Google's Gemini AI Outpaces ChatGPT in User Growth

Google's Gemini AI assistant is rapidly closing the gap with ChatGPT in user growth, according to 2025 data from Sensor Tower. While ChatGPT still holds 55% of the global monthly AI chatbot user base and 50% of mobile downloads, Gemini's monthly users surged by 30% between August and November 2025, compared to ChatGPT's modest 6% increase. Gemini's engagement time also saw a significant 120% rise, driven by innovative features like the Nano Banana image-generation tool. In response, OpenAI is implementing internal strategies to address the growing competition.
7 hours ago

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150 Million SOPH Tokens Worth $2.37M Transferred from Null Address

On December 6, 2025, a significant transfer of 150 million SOPH tokens, valued at approximately $2.37 million, was recorded. The tokens were moved from the Null Address to an anonymous address beginning with 0x50B2, as reported by Arkham data. This transaction marks a notable movement of SOPH tokens, drawing attention to the destination and potential implications for the token's circulation.

SOPH -8.12%

Justin Sun Commits to TUSD Bailout and Legal Action Against Fraud

TUSD Fraud Unveiled: $456 Million Scheme Exposed

SOON Overhauls x402 for AI-Driven Capital Markets

Crypto Fraudsters Misjudge Determined Pursuit by Sun Yuchen

Coinbase Introduces 24/7 Altcoin Futures Trading, Perpetuals to Follow

ProShares Withdraws 3x Leveraged Crypto ETFs Amid SEC Concerns

Whitelist-Driven Momentum Boosts Crypto Market in 2025

Bitcoin Drops to $80,000, Sparking Debate on Market Direction

On-Chain Analytics Platforms Offer Rapid Data Updates

AI-Powered Exploits Could Cost DeFi Sector Up to $20 Billion Annually

Erik Voorhees Advocates for Leadership in DAOs

Major Altcoins Plunge Over 50% in Autumn 2025

Milk Mocha's NFT Strategy Boosts $HUGS Demand with Unique Utility

ETFs and Public Companies Hold More Bitcoin Than Exchanges

Peter Schiff Challenges Trump to Debate on US Economy

Pi Network Enhances KYC with AI for $43M Token Unlock

MiniDoge Showcases NFTs at Art Basel Miami Beach

Ethereum Shows Early Signs of Decoupling from Bitcoin in 2025

Google's Gemini AI Outpaces ChatGPT in User Growth

150 Million SOPH Tokens Worth $2.37M Transferred from Null Address