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15:44

Stablecoin cross-border remittance company Fin raises $17 million in funding

According to Jinse Finance, stablecoin cross-border remittance company Fin announced the completion of a $17 million financing round, led by Pantera Capital with participation from Sequoia and Samsung Next. The company has not yet disclosed the valuation information for this round. Reportedly, the application developed by the company enables instant cross-border remittances, including large-value transfers, aiming to solve remittance challenges for users around the world.
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15:41

Russian prosecutors apply to seize nearly $30 million in assets from former investigator involved in WEX "cryptocurrency bribery" case

PANews, December 3—According to DL News, Russian prosecutors are seeking to confiscate a large amount of luxury assets from fugitive secret service official Georgy Satyukov. He is accused of accepting bribes worth $184 million in Bitcoin and $30 million in Ethereum from operators of the now-defunct WEX cryptocurrency exchange. Investigators have identified assets worth $29.6 million allegedly linked to Satyukov's bribery case. Prosecutors claim Satyukov used illicit funds to purchase 13 Russian apartments, several non-residential properties in St. Petersburg, a villa in the UAE, and a million-dollar property in Saratov registered under his brother's name. The investigation also found two Porsche Cayenne Turbos registered to him, seven Patek Philippe watches, and other jewelry with a total value exceeding $1.3 million. His family’s bank accounts still hold over $15 million in cash and
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BTC2.24%
ETH3.51%
15:35

Europe's largest financial app Revolut launches "Street Mode" to combat mobile phone theft, Aave founder gives sharp, sarcastic comment

Odaily Planet Daily news: X platform fintech blogger @oostmarcel revealed that Revolut, the largest financial app in Europe with 65 million users, has launched "Street Mode," which is considered one of the smartest security upgrades in fintech this year. It is reported that due to the surge in mobile phone thefts in Europe and the escalation of criminal methods—where robbers force victims to complete selfie verification before fleeing, a trend known as "transfer robbery"—Revolut's solution is "context-aware security." This feature allows users to set "trusted locations" (such as home, office, hotel), and outside these areas, transfers exceeding a set limit will trigger extra selfie verification and a 1-hour delay restriction. This 1 hour is a critical window during which users or anti-fraud teams can freeze the funds in time. In comparison, traditional banks' security measures are static, while Revo
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14:52

Bessent: Regulatory reforms under the Trump administration will unleash an additional $2.5 trillion in lending capacity for banks.

Odaily Planet Daily reports that U.S. Treasury Secretary Bessent stated that the Trump administration's regulatory reforms will release an additional $2.5 trillion in lending capacity for banks. During economic downturns, reliance on private credit will have a procyclical effect, and the growth of private credit stems from overly strict regulation of the banking system. (Jinshi)
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14:38

SOL financial company Forward is currently testing its own Prop AMM, with technical support from Jump and Galaxy.

Odaily Planet Daily News: Kyle Samani, Chairman of the Board of DAT treasury company Forward Industries, which has the largest SOL holdings (and also co-founder of Multicoin), posted on X saying: "The most underrated news from yesterday's Forward Industries investor call might be that we are building our own Prop AMM. The product is currently in testing. Built by Jump and
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SOL3.32%
14:31

Prediction Markets Hit New Volume Record of $14.3B in November

Gate News bot message, prediction markets achieved a new milestone in November with a total trading volume of $14.3 billion, recording a 54% increase from October's figures. The trading activity was led by three major platforms: Kalshi secured the top position with $5.8 billion in volume, followed
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13:49

Gate founder Dr. Han was invited to appear on CNBC's live TV interview program to analyze market trends and industry developments.

Odaily Planet Daily reports that Gate founder and CEO Dr. Han was invited to appear as a guest on the mainstream financial media CNBC’s live TV interview program, where he provided an in-depth analysis of recent Bitcoin volatility and the overall market correction. As a guest on the show, Dr. Han focused on the current macro changes in Bitcoin’s environment, emphasizing the multiple factors currently affecting digital asset prices. During the interview, Dr. Han started from on-chain data and market trends, analyzing Bitcoin’s resilience, the key drivers behind recent volatility, and the market signals that deserve close attention in the current financial environment. He pointed out that despite short-term pressure, the industry’s long-term outlook remains solid as structural trends such as increased institutional participation, the gradual formation of a global regulatory framework, and the repricing of risk cycles continue to strengthen. Dr. Han’s appearance on CNBC not only demonstrates Gate’s continuously rising influence in the industry, but also
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BTC2.24%
13:48

Antithesis完成1.05亿美元A轮融资, Jane Street领投

Odaily Planet Daily news: Software infrastructure provider Antithesis announced the completion of a $105 million Series A financing round, led by Jane Street, with participation from Amplify Venture Partners, Spark Capital, Tamarack Global, First In Ventures, Teamworthy Ventures, and Hyperion Capital, as well as individuals such as Patrick Collison, Dwarkesh Patel, and Sholto Douglas. Antithesis has consistently emphasized the credibility of cryptocurrency, stating that the Ethereum network used its simulations to model extreme scenarios before the Merge, and discovered vulnerabilities prior to the transition to Proof of Stake.
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ETH3.51%
13:36

YZi Labs: Has issued a formal notice to 10X Capital to alert CEA Industries shareholders about the disruptive actions of 10X Capital

According to a report by Jinse Finance, YZi Labs has officially announced that it has issued a formal notice to 10X Capital and has reminded shareholders of CEA Industries, Inc. to be aware of the disruptive actions by 10X Capital (the company’s asset manager). The notice outlines what YZi Labs believes to be significant or potential breaches of contract, serious breaches of fiduciary duty, and deficiencies in transparency and corporate governance by 10X and its principals, including BNC CEO David Namdar and 10X founder and BNC board member Hans Thomas. YZi Labs’ notice requires 10X to provide written confirmation by December 5, 2025, proving that it will comply with the commitments made to PIPE investors.
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BNB3.07%
13:20

ETHGas推出Open Gas Initiative,首发OG阵容包括EigenLayer 、ether.fi、Pendle等协议

PANews, December 3—ETHGas has officially launched the Open Gas Initiative, offering a zero-code gas subsidy solution to help various protocols cover part of users' gas costs and create a smoother, lower-friction on-chain interaction experience. The initiative is already live on the Ethereum mainnet and will later expand to other EVM public chains and Layer 2 networks such as BNB, Base, and Arbitrum. The initial OG lineup includes protocols such as EigenLayer, ether.fi, Pendle, and Velvet Capital, which will be the first to integrate the Open Gas Initiative and demonstrate real-world use cases through "gas subsidies +
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EIGEN3.64%
ETHFI-0.43%
PENDLE-1.01%
ETH3.51%
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13:09

Gate US announces partnership with Checkout.com to provide compliant and robust card payment infrastructure

PANews, December 3—According to an official announcement, Gate US has announced a partnership with Checkout.com, a global leader in online payment services. Through this collaboration, Gate US will officially launch card payment processing infrastructure provided by Checkout.com, bringing users a safer, more compliant, and faster settlement experience when purchasing crypto, as well as offering comprehensive chargeback management capabilities. Currently, Checkout.com operates in over 150 countries and provides payment services to numerous international enterprises. This integration will further enhance the stability and security of card payments on the Gate US platform and provide users with a more efficient and reliable gateway to enter the digital asset market. Gate US has always adhered to a compliance-based and security-first operational philosophy, committed to creating a more reliable platform for its users.
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13:02

Parataxis Holdings plans to acquire Sinsiway for $27 million and transform it into an ETH asset management company.

Odaily Planet Daily reports that Parataxis Holdings has announced plans to acquire data security company Sinsiway for $27 million, and to transform it into an Ethereum (ETH) asset management company renamed Parataxis ETH, making it South Korea’s first ETH treasury platform backed by U.S. institutional capital. The new entity will hold ETH as a core part of its strategy, linking traditional finance with on-chain assets, and will become Parataxis
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ETH3.51%
12:45

Preview: Ethereum Fusaka upgrade will be activated in approximately 9 hours

BlockBeats News, on December 3, the Ethereum Fusaka upgrade will be activated in approximately 9 hours (UTC time December 3 at 21:49:11, Beijing time December 4 at 05:49:11). This upgrade will occur simultaneously on both the Ethereum consensus layer and execution layer, enhancing Ethereum’s ability to handle large-scale transactions from various Layer 2 networks. The block gas limit will be increased to 60 million, and BPO forks will pave the way for subsequent blob parameter adjustments. It is expected to reduce L2 fees by 40% to 60%, making the L2 user experience faster and more cost-effective.
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ETH3.51%
12:40

Circle native USDC and CCTP are now live on Starknet

Odaily Planet Daily News: According to official sources, Circle's native USDC and CCTP have launched on Starknet. Circle's integration enables Starknet to provide seamless cross-chain transfer infrastructure, institutional-grade settlement, and low-cost global payments.
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USDC-0.02%
12:16

The Federal Reserve's three-year loss period has ended, and it has now returned to profitability.

Odaily Planet Daily News: The Federal Reserve appears to have finally reversed its unprecedented losses that lasted for three years. Data released in recent weeks shows that since early November, the Fed has returned to profitability, allowing it to slowly fill the accounting line used to record losses. In addition, since November 5, the size of the Fed’s so-called "deferred asset" has decreased, dropping from $243.8 billion to $243.2 billion as of November 26. Rate cuts have largely ended the Fed’s losses, meaning the cost it pays banks to maintain the federal funds rate target range has decreased. After peaking at 5.25% to 5.5% in 2023, the Fed’s federal funds rate is currently maintained at 3.75% to 4%. Given officials' concerns about the labor market, the Fed may further cut rates in the future. (Jinshi)
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11:53

Australian Bitcoin Organization Questions ABC News' "Misleading" Report on BTC

Odaily星球日报讯 澳大利亚比特币行业协会已就 ABC 新闻的一篇文章提出正式投诉,称该文章包含“多处事实错误”和“片面报道”,ABC 的这篇有争议的文章声称,比特币“没有任何实际用途”,主要被“那些在暗中活动的人”使用,该协会呼吁 ABC 新闻发布更正声明,并在未来的加密货币报道中引入相关领域的专家意见。(Decrypt)
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BTC2.24%
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11:41

慢雾:警惕Solana钱包Owner权限篡改攻击

SlowMist security team has issued a warning: users have fallen victim to phishing attacks, resulting in their account Owner permissions being replaced and over $3 million in assets stolen. Attackers exploited transaction simulation and Solana features to deceive users. Users are reminded to be vigilant about changes to high-risk permissions when authorizing signatures.
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SOL3.32%
ETH3.51%
11:36

Strategy joins the Open Semantic Interchange Standard (OSI)

Bitcoin treasury company Strategy announced its participation in the Open Semantic Interchange (OSI) standard, which aims to address enterprise data interoperability issues through a unified semantic framework. Strategy plans to accelerate its open ecosystem strategy with its AI-driven Strategy Mosaic.
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11:16

With the introduction of the CARF reporting rules, the number of Web3 foundations in the Cayman Islands has surged by 70%

PANews, December 3—According to Cointelegraph, the latest data shows that the number of registered foundation companies in the Cayman Islands has surged by 70% year-on-year. By the end of 2024, the number of registered companies has exceeded 1,300, and more than 400 new registrations have been added so far in 2025. This type of structure is increasingly being used as a legal wrapper for decentralized autonomous organizations (DAOs) and serves as an ecosystem manager for major Web3 projects. According to a press release from Cayman Finance, many of the world’s largest Web3 projects are now registered in the Cayman Islands, and at least 17 foundation companies have reserves exceeding $100 million. The surge in Web3 foundations coincides with a shift in the Cayman Islands’ own regulatory policies, stemming from the implementation of the Crypto-Asset Reporting Framework (CARF) by the Organization for Economic Cooperation and Development (OECD). The Cayman Islands has already...
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10:53

Beating, under Rhythm, will co-host a crypto payment-themed AMA with "Zhi Wu Bu Yan" tonight at 20:30.

According to BlockBeats, on December 3rd, the in-depth content brand "Beating" under Rhythm, together with the crypto payment podcast "No Payment, No Talk," will hold an AMA titled "Using Crypto Payments in Argentina with 200% Inflation? We Tested It for You!" at 20:30 (UTC+8) on December 3rd. Guests include Hazel (@0xHY2049), founder of No Payment, No Talk and manager of the Chinese Public Goods Fund GCC, as well as Planker DAO contributors.
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