[Crypto World] Just saw the news—a major exchange is planning to take action on several USDT-margined perpetual contracts at 5:00 PM (Beijing time) on December 10.
This time, it involves four trading pairs: SKATEUSDT, REIUSDT, FISUSDT, and VOXELUSDT. They will first be automatically liquidated, and after liquidation, they will be delisted immediately. If you have any positions, make sure to pay attention so you’re not caught off guard.
Adjustments to these types of contract products are actually quite common. After all, if there isn’t enough liquidity or the trading volume is too low, there’s really no need for the platform to continue supporting them.

[Crypto World] The prediction market has pulled off another genius move.
There's a trader with the ID "0xafEe" (formerly known as "AlphaRaccoon") who played the Google 2025 search trends prediction on Polymarket and got 22 out of 23 questions right, directly earning nearly $1 million. That level of accuracy can't just be explained by luck—especially considering this guy previously made over $150,000 by correctly predicting the launch date of Gemini 3.0 Flash.
After Meta's former engineer Zheng Haizhu exposed this on X, the comment section exploded. Many people suspect insider trading, since the hit rate is just too unbelievable.
What's even more interesting is the timing—Polymarket just got CFTC approval to relaunch, and November trading volume has already soared to $3.7 billion. Now with such a controversial case popping up, it's unclear whether it will have an impact.

WEEX plans to buy back 2 million USDT worth of WXT tokens after the contract mining ends on December 16, as a reward for participating users. The current contract mining activity has attracted users with up to 30% fee rebates, with rewards distributed in WXT. WXT has performed excellently this year, with a maximum increase of 358%. The buyback is expected to help stabilize the token price.

The Pulse Night Dubai event in Dubai attracted over 400 Web3 participants, bringing together project teams, investment institutions, and developers to deeply discuss topics such as infrastructure and ecosystem development, showcasing Dubai's influence as a global Web3 innovation hub.

[Crypto World] Two key players in the AI computing power war have recently become hot topics among investors.
First, let's talk about the “shovel seller”—the company specializing in GPU design. Its stock price has surged more than 9 times in three years, with the latest quarterly revenue hitting $57 billion, a year-over-year increase of 62%. The Blackwell platform’s explosive sales have been the main driver. However, there's a risk: 61% of its sales come from four major customers, all of whom are now developing their own chips.
Next, the “shovel maker”—the foundry giant that controls over 70% of advanced process capacity. Last quarter, its revenue rose by 40.8%, with a gross margin as high as 59.5%, demonstrating solid profitability. They're planning to invest $40-42 billion next year to expand capacity, which is quite a move.
In terms of valuation, both companies are about the same, trading at 23-24 times 2026 expected earnings. The foundry is more resilient to geopolitical risks, while the GPU company, although with a higher growth ceiling, but

[Crypto World] A leading exchange has just updated its latest proof-of-reserves data, and after reviewing it, I found a few interesting points.
First, the overall situation—as of early December, the platform's mainstream cryptocurrency reserve ratios are all above 100%. BTC and HTX are exactly at 100%, ETH is at 101%, TRX reached a high of 106%, USDT and XRP are each at 102%, DOGE and SOL are both at 100%, and there's also WLFI.

[Bitpush] Stablecoin project USPD recently took a huge hit—hacked and lost over a million USD.
The team has confirmed the protocol was breached. The attacker played dirty, minting tokens without authorization and draining the liquidity pool. The project is now urgently calling all users to revoke token approvals for the USPD contract immediately—don’t wait to get exploited a second time.
The attack method was pretty insidious, known as a "CPIMP" attack. The hacker acted during the contract deployment phase—using Multicall3 to frontrun the proxy initialization, seized admin privileges, then disguised the contract as a legitimate, audit-passed one. This maneuver went undetected for several months until it was finally exposed during a recent proxy upgrade.
The data is brutal: the attacker minted about 98 million USPD and withdrew around 232 stETH. The project team has already made the attacker’s address public—mainly...

Italy's economic authorities have recently begun to focus on risk control mechanisms for cryptocurrencies, launching a joint investigation with the central bank, market regulator, insurance and pension authorities, and the Ministry of Finance. Regulators are concerned that the integration of crypto assets with traditional finance may increase risks. In the face of ongoing global developments, Italy's stance has shifted from wait-and-see to active regulation.

【比推】昨天美国那边的比特币现货ETF又遭遇了一波资金撤离——净流出规模达到1.946亿美元。更值得注意的是，所有ETF产品无一例外都没有资金流入，市场情绪看起来相当谨慎。这种集体性的资金外流，可能反映出投资者对短期走势持观望态度，或者正在进行某种程度上的仓位调整。

Brian Armstrong, CEO of Bitpush, predicts that tokenization will completely transform finance, emphasizing three advantages: real-time settlement, increased liquidity, and a revolution in efficiency. He believes that blockchain can significantly improve user experience and accelerate asset liquidity.

The 2x leveraged ETF (TXXS) launched by 21Shares has been listed on Nasdaq, becoming the first SUI leveraged product to receive regulatory approval. The market response has been positive, with the ETF up 8% for the week. SUI's price has risen to nearly $2, with the key being whether it can break through the resistance zone of $2.8 to $3.1.

[Chain News] On December 5th, the US SEC’s Investor Advisory Committee held a meeting on asset tokenization. Executives from institutions like Citadel, a major exchange, and Galaxy attended to discuss how to set rules for this matter.
Citadel suggested that the SEC should clearly define the role of intermediaries like decentralized trading protocols. This sparked an uproar—many in the crypto community immediately objected, saying that traditional rules simply can’t be applied to DeFi structures. The major exchange took a more moderate stance, suggesting that each rule should be reviewed individually to see where it doesn’t fit, rather than forcefully imposing unsuitable obligations.
SEC Chairman Atkins expressed that there needs to be a workable compliance path so that tokenization can truly develop. It seems that traditional finance and the crypto-native crowd still have very different views on how to regulate DeFi, and in the short term, it’s unlikely...

Base and Solana have established an asset channel, allowing native asset circulation between the two and simplifying cross-chain operations. By adopting Chainlink's CCIP protocol and implementing a dual insurance mechanism to ensure security, the efficiency of asset transfers between Ethereum L2 and Solana has been enhanced.