BlockBeats news, on December 5, the on-chain Launchpad project "Boundless Engine" platform token BLR will begin trading tonight at 20:00. The platform focuses on building liquidity in the Meme coin sector, providing full-cycle support for Meme projects from launch and liquidity injection to ongoing incentives through the integration of automated liquidity staking mechanisms and a multi-tiered rewards system.

The chairman of the Financial Market Committee of the Russian State Duma stated that cryptocurrencies and stablecoins will become a legislative focus next year, aiming to establish a legal framework for digital finance. Russian regulators are preparing to ease restrictions on cryptocurrency trading and will introduce comprehensive regulatory policies in 2026. Currently, only limited market participants can trade crypto assets under the "experimental legal regime."

Gate News bot 消息，Gate 行情显示，BTC 跌破 91000 USDT，现价 90987.2 USDT。

PiBridge has announced a groundbreaking feature in the Pi Network ecosystem: Pi-backed loans. This new offering will allow users to collateralize their Pi holdings and access instant loans in USD without having to sell their assets. The platform aims to provide Pi pioneers with the ability to unlock liquidity and gain access to capital while maintaining long-term exposure to Pi. The Pi Collateral Loan system enables users to use their Pi as collateral to secure withdrawable, spendable, an

Today, the US Personal Consumption Expenditures (PCE) inflation data will be officially released. The market expects the PCE and core PCE data for September to remain roughly unchanged from the previous month. The overall PCE inflation rate is expected to rise slightly to 2.8%. This data will directly influence the Federal Reserve’s decision on rate cuts and future economic forecasts, especially in the context of expiring cryptocurrency options, with Bitcoin and other cryptocurrency markets expected to experience volatility. Wall Street expects September PCE inflation to remain “sticky,” with core PCE growing 2.9% year-over-year. Market analysts believe that if this month’s data comes in below expectations, the likelihood of a Fed rate cut will increase. The Fed’s stance is especially critical; CME’s FedWatch tool shows that the market sees an 87% probability of a 25-basis-point rate cut in December, bringing the target rate down to the 3.50%-3.75% range.

PANews 12月5日消息，据mlmonchain监测，某巨鲸在过去30分钟内做空了37.5万枚HYPE（价值1,210万美元）——此空头规模几乎与其现货持仓量相当。 该钱包目前持有40万枚HYPE（价值1,290万美元），其中20万枚已质押，另外20万枚正处于解除质押队列中。

Amid the complex and ever-changing market information, what truly matters? "Gate Web3 News Selection" aims to filter out the noise for you. Every day, we curate the most important news from the global crypto market to help you quickly grasp key trends, save time, and gain early insights. 1. Hassett: The Fed May Cut Rates at Next Meeting, Expected Decrease of About 25 Basis Points Kevin Hassett, Director of the White House National Economic Council, stated that the Federal Reserve may cut interest rates at its next meeting, and the expected cut is about 25 basis points. Regarding the next Fed Chair candidate, he said the Chair needs to be someone who responds to data.

ChainCatcher 消息，据官方公告，BTC 财库公司 Stacking Sats Inc 披露当前持有 25.69 枚 BTC。

On the Polymarket platform, a trader earned nearly $1 million by accurately predicting the 2025 Google search rankings, sparking controversy over insider trading in prediction markets. The trader, with the wallet address "0xafEe" (formerly known as "AlphaRaccoon"), successfully predicted the outcomes of almost all Google search trend markets, including some obscure options. The trader's biggest win came from correctly predicting the "Yes" option that d4vd (a 20-year-old singer) would be the most searched person in 2025, turning a $10,647 bet into nearly $200,000. At the same time, he also made significant profits by betting on the "No" option for figures such as Bianca Censori, Pope Leo XIV, and Trump.

Gate News bot message, a significant cryptocurrency transaction has been recorded where a whale address staked 24,000 ETH valued at $75.94 million. According to data from Nansen, the wallet address 0x4825b8c4641db7467abdb00710bc1a34ca1c61f4 initially acquired these ETH tokens for $60.7 million USDC.

PANews, December 5—According to Cloudflare's status page, the DTW (Detroit) data center is scheduled for maintenance from 17:00 to 21:00 (Beijing Time) on December 5, 2025. During this period, traffic may be rerouted, which could cause minor network latency for end users in affected regions. Additionally, PNI/CNI customers should note that traffic may be switched to other locations, and network interfaces at this data center may be temporarily unavailable during the maintenance.

Layer-2 network Base has officially integrated with the Solana ecosystem, launching the Base-Solana bridge, which leverages Chainlink’s CCIP protocol to enable seamless cross-chain transfers of SOL and other Solana assets. This move transforms Base from an Ethereum-focused Layer-2 network into a major liquidity hub, greatly enhancing interoperability between the two ecosystems. The Base-Solana bridge ensures security through a multi-layer validation model, with Base’s backing CEX and Chainlink CCIP nodes acting as independent validators to verify all token transfer messages. This mechanism effectively safeguards cross-chain asset security. Johann Eid, Chief Business Officer of Chainlink Labs, stated that with Chainlink CCIP, Base is driving the industry toward a more reliable standard of interoperability.

Cloudflare control panel and API services are experiencing issues, affecting customers using these services and potentially causing request failures or display errors, but CDN caching services and other security features are not affected.

After the team completed the destruction of approximately 77.86 million tokens and launched the fourth phase of the buyback plan, Aster's price entered a Bollinger Bands narrowing pattern. As of press time, Aster was trading at $1.03, down 2.7% in the past 24 hours and down 5% over the past seven days, still 57% below the all-time high of $2.41 set in September. Daily trading volume fell 18.5% to $274.3 million, futures trading volume declined 19.27% to $805.5 million, and open interest dropped 3.4%, indicating the market is entering a period of narrow-range consolidation.

BlockBeats News, December 5, according to the official announcement, the sub-account page of Pacifica, a perpetual contract trading platform on Solana, is now live. Users can conveniently create and manage sub-accounts after connecting their wallets. Meanwhile, the Pacifica trading competition will start on December 8 and last for 10 days, featuring a comprehensive leaderboard for top traders. In addition, the on-chain analytics tool Coinbob Pacifica (@CoinbobPACbot), which focuses on monitoring Pacifica on-chain addresses and providing copy trading services, is now live. It also supports copy trading for Hyperliquid addresses. Users can earn both strategy profits and Pacifica incentive points through trading, achieving dual benefits.

According to Bloomberg, BlackRock’s iShares Bitcoin Trust (IBIT) has recently experienced significant outflows, setting a record for consecutive weeks of net outflows since its launch in January 2024, indicating that institutional demand for Bitcoin remains weak. Bloomberg data shows that in the five weeks ending November 28, investors withdrew more than $2.7 billion from the ETF, with another $113 million redeemed on Thursday, putting the fund on track for its sixth consecutive week of outflows. IBIT manages assets totaling over $71 billion and has long been an important tool for traditional investors to gain exposure to Bitcoin. The ongoing outflows are in line with the bearish trend that followed a major liquidation event in early October, when over $1 trillion was wiped from the crypto market’s capitalization. Although Bitcoin has recently rebounded in price, the persistent ETF outflows highlight a marked shift in market sentiment.

The Korean won stablecoin KRW1, issued by BDACS, has been launched on the Polygon network. It adopts a real-time bank-linked reserve proof mechanism and is aimed at payments, remittances, and institutional users. After confirming the stability and real-time nature of fiat-to-on-chain settlement during the proof-of-concept phase, this deployment has been officially launched to provide enterprises and users with a convenient digital payment tool. KRW1’s reserves are held by Korean commercial institutions, including Woori Bank, and real-time reserve proof is enabled through a direct API connection with the banks. The Polygon network, with its high throughput and low transaction fees, makes stablecoin operations more efficient, supporting payments, remittances, and enterprise systems.

After several days of flat trading, Hedera’s HBAR token is currently in a consolidation phase, indicating a lack of clear market direction. However, investor activity is picking up, and early signs suggest that bearish pressure may be easing. The Chaikin Money Flow (CMF) indicator has risen significantly, indicating a notable reduction in selling pressure. If the CMF continues to improve and crosses above the zero line, HBAR will register a net inflow, potentially restoring trader confidence and providing momentum for a price increase.

In recent years, Chinese crypto investors have long relied on USDT and other USD stablecoins to hedge against market volatility, but recent currency movements have prompted them to reassess risk. Over the past six months, the offshore RMB/USD rate has climbed from 7.4 to 7.06, the highest level in a year, meaning investors holding USD stablecoins have seen their asset value quietly shrink when calculated in RMB. For example, if you exchanged RMB 100,000 for USDT in April, you would now only get about RMB 95,400 if you exchanged it back, a loss of about 4.6%—without touching any volatile crypto assets. A weakening dollar and a strengthening yuan have created double pressure. This year, the US dollar index has fallen nearly 10%, with weak US employment data and Federal Reserve rate-cut policies triggering large-scale unwinding of arbitrage trades. At the same time, a rebound in the Shanghai stock market has attracted foreign capital, further supporting the yuan’s appreciation. RMB settlements between companies are also on the rise, and increased financial hedging demand has pushed RMB demand beyond just speculation. According to Goldman Sachs research, for every 1% appreciation in the RMB, Chinese stock market returns increase by about 3%, creating a self-reinforcing cycle.

Bitcoin has continued to face pressure during its month-long downtrend and has once again failed to break through a key trendline. The lack of clear bullish signals in the macro market keeps Bitcoin's short-term outlook uncertain. However, on-chain data shows that investors have begun to accelerate accumulation at lower price levels. According to Glassnode data, over the past week, more than 23,385 BTC (worth over $2.15 billion) have been withdrawn from exchanges, driving exchange reserves down to their lowest level since January 2021. Exchange outflows typically indicate an increase in long-term holding intentions and a reduction in selling pressure, which helps support a potential rebound.

According to the latest data from Santiment, social sentiment among XRP investors has dropped to its lowest point since October. Meanwhile, the price of XRP remains under pressure, recently falling to $1.92 and approaching this year's lows. While sentiment for Bitcoin is gradually returning to neutral, negative sentiment toward XRP is rapidly accumulating, making it a focal point in the market. Over the past two months, the price of XRP has dropped more than 30%, a year-over-year decrease of about 9%. Against the backdrop of a strong start to Q4 2025, XRP's trend has shifted from optimism to a deep correction. Previous sentiment peaks occurred on September 13, November 8, and November 30, during which XRP's price repeatedly touched the $2.45–$3.20 range and briefly entered the "greed zone." However, in the most recent downturn, social sentiment has shifted to intense panic, with the latest readings even lower than the panic level seen on November 21.

According to Gate News Bot on December 5, based on CoinMarketCap data, as of press time, FTT (FTX Token) is currently trading at $0.62, up 10.97% in the past 24 hours, with a high of $0.62 and a low of $0.52. The 24-hour trading volume reached $5.09 million. The current market cap is approximately $204 million, an increase of $20.1 million compared to yesterday. Recent important news about FTT: 1️⃣ **Sam Bankman-Fried returns to social media, FTT price surges** After two years of silence, FTX founder Sam Bankman-Fried posted on X (formerly Twitter) for the first time, drawing market attention. This move directly pushed the price of FTT token up by 30%, reflecting invest

The European Commission has officially proposed transferring the direct supervisory authority over all crypto-asset service providers (CASPs) from member states to the European Securities and Markets Authority (ESMA), making its role in crypto regulation more akin to that of the U.S. Securities and Exchange Commission (SEC). This reform aims to eliminate regulatory fragmentation among the 27 member states and establish a unified, efficient, and consistent cross-border regulatory framework for the EU crypto market. This legislative proposal was released nine months after the announcement of the Savings and Investment Union Strategy. The strategy emphasizes that, amid intensifying global capital competition and the continued expansion of U.S. financial markets, Europe needs to accelerate the integration of its capital markets. Regulatory centralization is seen as a key means to enhance cross-border efficiency.

Decentralized AI infrastructure startup DeepNode announced on December 5th that it has completed a $5 million funding round, including a $2 million seed round and a $3 million strategic round. The main investors are Blockchain Founders Fund and Side Door Ventures. DeepNode is built on an Ethereum Layer 2 network and plans to launch its mainnet in 2026.

Woori Bank recently added a Bitcoin (BTC) price display to its main trading floor in Seoul, presenting this crypto asset alongside core financial indicators such as the KRW-USD exchange rate, government bond yields, and stock market indices. This makes it the first commercial bank in South Korea to integrate cryptocurrency market data into a frontline trading environment. Bank officials stated that Bitcoin now serves as an important “market sentiment indicator.” As digital assets gain greater influence in global financial markets, including them in traders’ daily monitoring helps provide a more comprehensive assessment of risk appetite and cross-market linkages. This move also reflects the accelerated advancement of digital asset infrastructure within South Korea’s banking system.

The U.S. Securities and Exchange Commission (SEC) has recently approved the first leveraged SUI ETF launched by 21Shares, which is now listed on Nasdaq under the ticker TXXS. This product provides U.S. investors with a new way to gain 2x daily exposure to SUI’s returns through traditional brokerage accounts, without the need to directly purchase crypto assets. TXXS uses swaps and other derivatives to track SUI’s daily performance: if SUI rises 10% in a single day, the target increase is approximately 20%; if it falls, the decline is similarly reflected at double the rate. It’s important to note that the fund does not hold actual SUI tokens, relying entirely on a derivatives structure. In October, the SEC warned the market to exercise caution with highly leveraged crypto ETFs such as 3x and 5x products. This week, the agency also issued a risk alert letter to issuers, emphasizing its cautious regulatory stance on leveraged products.

After President Trump’s official pardon, CZ is shifting his strategic focus back to the US market and has publicly expressed his vision of helping the US become the global center for cryptocurrency innovation. According to information from a private launch event at Blockchain Week in Dubai on December 3-4, CZ believes the US has become an “emerging market for CEX” and plans to increase investment once the regulatory environment improves. CZ stated that he is “very grateful” for Trump’s pardon, noting that the move allows his exchange to operate more freely on a global scale, especially in regaining strategic initiative in the US market. At the event, he said directly: “My goal is to help the US become the capital of cryptocurrency.”

According to Gate News Bot, as of December 5, according to CoinMarketCap data, CLO (Yei Finance) is currently trading at $0.40, up 11.29% in 24 hours, with a high of $0.40 and a low of $0.32. The current market capitalization is approximately $51.4 million, an increase of $5.21 million compared to yesterday. Yei Finance is a multi-chain DeFi platform offering lending, trading, and cross-chain bridging services. Its main products include Pre-storage Vaults, YeiLend, and YeiSwap. Pre-storage Vaults allow users to make one-time deposits and earn yields across multiple chains. YeiLend provides a lending market where users can supply or borrow various tokens. YeiSwap is a decentralized exchange supporting token trading on the Sei chain. Yei Finance aims to provide users with a simple and efficient multi-chain DeFi experience.

Kalshi is continuously expanding its leading position in the prediction market through strong media partnerships. Although competitor Polymarket has confirmed its imminent return to the US market, Kalshi’s recent moves have further solidified its industry advantage. Yesterday, CNBC announced that starting in 2026, it will fully integrate Kalshi’s real-time prediction data across its television and online platforms. Core programs such as "Squawk Box" and "Fast Money" will feature Kalshi’s event probability analyses, which will also be displayed in the news ticker. In addition, Kalshi will have a dedicated market data page on the CNBC website. CNBC President KC Sullivan stated that prediction markets are changing the way investors and business leaders make decisions, and Kalshi’s data will greatly enhance the depth and explanatory power of financial reporting.

According to BlockBeats, on December 5, Polymarket data showed that the probability of "Strategy being removed from MSCI" has reached 72%. Michael Saylor stated that Strategy is in communication with MSCI, and a decision will be announced on January 15, which could result in up to $8.8 billion in outflows.

JPMorgan's latest analysis points out that although the US stablecoin market is expanding rapidly under the impetus of the GENIUS Act, its grand goal of "boosting demand for US short-term Treasuries" may fall far short of policymakers' expectations. Since the act was passed in July, the total supply of stablecoins has increased by over $50 billion, surpassing $300 billion in scale, but it is still far from the White House's previous target of $2-4 trillion by 2028–2030. JPMorgan's Head of US Short-Term Rate Strategy, Teresa Ho, stated that while stablecoins have strong growth momentum, it is "unrealistic" to expect them to grow to several trillion dollars within a few years. The bank expects that in the next few years, the stablecoin market size may reach about $700 billion, mainly limited by current laws prohibiting the issuance of interest-bearing stablecoins—a restriction that weakens the core driver of demand growth.

ChainCatcher news, the topic of comparing the valuations of Ethereum and Amazon is causing heated discussion on X. Santiago, founder of Inversion Capital, believes that Ethereum is overvalued. He stated that ETH's price-to-sales ratio (valuation of $380 billion, annual revenue of $1 billion) is much higher than Amazon's; even during the internet bubble, Amazon's price-to-sales ratio never exceeded 28 times. The price Ethereum holders pay for every $1 of revenue is about 146 times what Amazon investors paid back then. He believes Amazon is also a successful network. Whether it's a company or a network, its pricing depends on the economic benefits it generates (revenue and cash flow), and TVL, collateralized assets, or settlement volume are not revenue. Ethereum treasury company SharpLink, on the other hand, stated that traditional valuation models do not apply to Ethereum: Ama

American Bitcoin (ABTC), a Bitcoin mining and treasury company co-founded by President Trump’s two sons—Eric Trump and Donald Trump Jr.—has chosen to buy against the trend during periods of extreme market volatility, further reinforcing its strong confidence in Bitcoin’s long-term value. According to a company announcement released on December 3, American Bitcoin added 363 Bitcoins, bringing its total Bitcoin reserves to 4,367 as of December 2, a significant increase from the 4,004 disclosed on November 7. Notably, the company’s increased holdings coincided with Bitcoin’s sharp drop from a high of $126,000 to a range low of around $82,000. American Bitcoin’s strategy is highly consistent with Michael Saylor’s typical “buy the dip” logic, aiming to increase positions during market pullbacks and enhance capital efficiency when the market recovers in the future.

According to Gate News Bot on December 5, citing CoinMarketCap data, as of press time, LUNA (Terra) is currently priced at $0.08, up 10.99% in 24 hours, reaching a high of $0.08 and a low of $0.07. The current market capitalization is approximately $573,000, an increase of $56,800 compared to yesterday. Recent important news about LUNA: 1️⃣ **Industry insiders review and warn about LUNA's historical events** Sandeep Nailwal, co-founder of Polygon and CEO of the Polygon Foundation, recently shared his views on social media, mentioning the significant impact of LUNA in the history of the cryptocurrency market. He expressed hope that other projects in the current market will not repeat LUNA's mistakes, especially those involving Wall Street and retail investors.

In the past two weeks, Ethereum (ETH) has strongly outperformed Bitcoin (BTC), with both capital flows and price structure indicating that market sentiment is clearly shifting towards ETH. The latest data shows that spot Ethereum ETFs recorded a net inflow of $360 million during the same period, while Bitcoin ETFs saw only $120 million—a threefold difference that highlights investors’ growing preference for the Ethereum ecosystem. In terms of price performance, ETH recently broke through the key resistance level of $3,200, completing a daily structure reversal, which means the trend has entered a new upward phase. Meanwhile, BTC still needs to break above $96,000 to confirm a breakout, giving ETH a structural advantage in terms of trend.

Jinse Finance reported that the dYdX Foundation announced on platform X that, starting from August 2025, the dYdX Foundation has launched a Grants Program aimed at strengthening accountability mechanisms, building transparency, and tracking impact. In the first three months of the program, through contract renewals, renegotiations, and terminations linked to impact, approximately $2 million in annualized cost savings have been achieved. Recent grant activities include: funding OEGS to support low-latency, fair access trading services; supporting the "Free Deposit Program" (Free Deposit

On Thursday evening, global risk assets remained generally stable as traders awaited the release of a key inflation indicator—the core Personal Consumption Expenditures (PCE) index—on Friday. This data will directly affect the Federal Reserve's interest rate decision on December 10, and the market currently expects an 87% probability of a 25-basis-point rate cut. In US stock futures, Dow Jones and S&P 500 index futures were nearly flat, while Nasdaq futures rose 0.1%. The core PCE for September is expected to increase by 2.9% year-over-year, marking the 55th consecutive month above the Fed’s 2% target, which further increases uncertainty around the policy path.

According to Gate News Bot on December 5, quoting CoinMarketCap data, as of press time, USTC (TerraClassicUSD) is trading at $0.01, up 10.33% in the past 24 hours, reaching a high of $0.01 and dipping to a low of $0.01. The current market cap is approximately $37.77 million, an increase of nearly $3.53 million from yesterday. TerraClassicUSD (USTC) originated as an algorithmic stable asset within the Terra ecosystem, designed to reflect the US dollar through a supply and demand balance with LUNA(, now LUNC). After collapsing in May 2022, USTC transitioned to a freely traded token with its price fluctuating according to market demand. USTC still plays a role in the Terra Classic network, powering DeFi pools and paying gas fees.

According to Gate News Bot on December 5, citing CoinMarketCap data, as of press time, SYRUP (Maple Finance) is trading at $0.26, up 9.00% in the past 24 hours, reaching a high of $0.29 and a low of $0.24. The current market capitalization is approximately $302 million, an increase of $24.9 million compared to yesterday. Maple Finance is an on-chain asset management platform that provides secure and professional financial products for individuals and institutions. The platform offers highly liquid USD yield products syrupUSDC and syrupUSDT, as well as secured lending services for professional institutions. Maple Finance emphasizes transparency, risk management, and global customer support, and is committed to bringing the standards of traditional financial services to the decentralized finance sector.

Italy has officially launched a "deep review" targeting retail investors' exposure to crypto assets, marking a further escalation in European regulators' focus on digital asset risks. This initiative, led by the Italian Ministry of Economy and Finance, aims to assess the protection mechanisms for retail investors in both direct and indirect crypto investments and to address potential risk gaps caused by fragmented global regulation. The Italian Macroprudential Policy Committee—which comprises the central bank, insurance and pension regulators, and the finance ministry—has warned that as crypto assets become increasingly intertwined with the traditional financial system, while international regulatory standards continue to diverge, systemic risks may grow. These concerns are particularly pronounced as the digital asset market capitalization surpasses $3 trillion and US policy shifts noticeably towards a "crypto-friendly" stance.

U.S. spot Bitcoin ETFs recorded a net outflow of $194.6 million on Thursday, marking the largest single-day outflow since November 20, intensifying short-term risk-off sentiment in the market. According to SoSoValue data, BlackRock's IBIT led the outflow list with a single-day outflow of $112.9 million; Fidelity's FBTC saw $54.2 million in outflows, while VanEck's HODL, Grayscale's GBTC, and Bitwise's BITB also continued their capital outflow trends. This outflow continued Wednesday's net outflow of $14.9 million, accompanied by a persistent decline in trading volume—total ETF turnover on Thursday fell to $3.1 billion, down significantly from $4.2 billion on Wednesday and $5.3 billion on Tuesday. This "weak volume and price" structure further reflects a rise in market wait-and-see sentiment.

BlockBeats News, December 5th—Farcaster founder Dan Romero announced that House, the first new project presale on the Clanker platform, sold out within 30 seconds. Screenshots show that the hard cap for this presale was only 20 ETH. However, the community has called this presale a “disaster.” The reason is that Clanker used an old version of the presale contract released earlier this year, allowing a whale to snipe the presale and acquire 16 ETH (80%) of the allocation. In addition, there was no limit on the participation amount per wallet, which also led to the allocation being dominated by a single party. In response, Dan Romero stated that the sniping address will only be able to claim tokens after 7 days, and promised that the next presale will use a permissioned process to ensure fairness. At the time of writing, H

On-chain sleuth ZachXBT posted: "UK threat actor Danny / Meech, also known as Danish Zulfiqar (Khan), appears to have been arrested by law enforcement and had their crypto assets seized. Currently, $18.58 million is being held at the following address: 0xb37d617716e46511E56FE07b885fBdD70119f768"

According to Gate News Bot, on December 5th, as per CoinMarketCap data, at the time of writing, SAPIEN (Sapien) is trading at $0.18, up 5.64% in 24 hours, reaching a high of $0.20 and a low of $0.11. The current market capitalization is approximately $45.9 million, an increase of $2.45 million compared to yesterday. Sapien is a decentralized data foundry that transforms collective human knowledge into enterprise-grade AI training data. The platform has 93,000 global contributors across more than 5 countries and has completed 475 tasks. Sapien focuses on providing solutions for professional AI, including 3D/4D data annotation and expert-led data collection to meet the needs of cutting-edge AI systems. Its marketplace offers high-quality, domain-specific data

Ethereum supply squeeze may be coming, with institutions like BitMine accumulating around 3.7 million ETH, record outflows from exchanges, and declining liquidity. Changes in market supply and demand could lead to a sharp price increase.

AETDEW, AB Charity Foundation, and AB DAO signed a memorandum of understanding in Kuala Lumpur on November 22, aiming to jointly promote the development of engineering technology, smart grids, and renewable energy systems to address the energy challenges faced by developing countries.

Gate News Bot message, December 5th: According to CoinMarketCap data, as of press time, TAIKO (Taiko) is trading at $0.24, up 19.92% in 24 hours, with a high of $0.24 and a low of $0.18. The current market cap is approximately $46.1 million, an increase of $7.66 million compared to yesterday. TAIKO ranks 469th in cryptocurrency market capitalization. Recent important news about TAIKO: 1️⃣ **Activation of pre-confirmation feature to improve transaction speed** Taiko recently activated the pre-confirmation feature to accelerate transaction speeds on its Layer 2 network. This technical upgrade is expected to significantly enhance user experience, improve the network's utility and competitiveness, and attract more developers and users. 2️⃣ **Completed $15 million financing**

PANews, December 5—According to PeckShieldAlert, the stablecoin project USPD has suffered a major security breach, resulting in a loss of approximately $1 million. USPD's official team confirmed that the protocol was exploited, with the attacker minting tokens without authorization and draining liquidity. The team has urgently warned users to immediately revoke all token approvals for the USPD contract. The USPD protocol has confirmed it was hit by a "CPIMP" attack. During the deployment phase, the attacker front-ran the initialization of the proxy via Multicall3, seized admin privileges, and disguised themselves as an audited implementation contract. The team stated that the issue was not a contract logic bug; the attacker concealed their access for several months before upgrading the proxy, minting about 98M USPD, and transferring around 232

Matrixport's latest report shows that the current crypto market is in a "position vacuum" state, with ETH and BTC positions falling to low levels. Analysts point out that the light position pattern may drive prices upward, and ETH futures open interest has increased significantly, but the market response remains conservative. The future performance of Ethereum needs to be observed.