Coinbase has launched an instant unstaking option that lets users immediately unstake crypto assets for a 1% fee, removing the need to wait in protocol withdrawal queues. The feature addresses long unstaking wait times that vary by asset — Coinbase CEO Brian Armstrong cited Ethereum (ETH) as typically taking about 38 days in the standard unstaking queue. Coinbase also continues to offer alternatives such as wrapping staked ETH into its liquid token cbETH. The new instant unstake provides traders and stakers faster liquidity, while Coinbase captures a fee for the service. Key items: instant unstaking feature, 1% fee, bypasses protocol queues, example: ETH ~38-day wait, alternative: cbETH.
Yearn Finance has recovered roughly $2.4 million (857.49 pxETH) from a larger $9 million exploit targeting its custom yETH contract. The attacker exploited an unchecked-arithmetic bug that allowed near‑infinite minting of yETH and repeated withdrawals, draining roughly 1,000 ETH and liquid staking tokens. Attackers used self‑destructing helper contracts and laundered some funds via Tornado Cash. Yearn mobilized an incident team, worked with blockchain forensics partners Plume and Dinero, traced attacker addresses and reclaimed assets from those wallets. The protocol estimates total loss remains about $9 million, but the recovery reduces net loss to ~ $6.6 million. Yearn plans stronger security measures, including deeper audits and code reviews. Traders should note potential short‑term volatility for Yearn‑related tokens and ETH liquidity; restored assets and transparent response may support confidence over the medium term. Primary keywords: Yearn Finance, yETH exploit, DeFi exploit, smart contract bug; secondary/semantic keywords: pxETH, Tornado Cash, blockchain forensics, fund recovery.
O’Reilly’s December 2025 Radar highlights a fast-moving AI landscape: major new model releases (Google’s Gemini 3 and Nano Banana Pro image model, OpenAI’s GPT‑5.1 variants including Codex‑Max and Pro, Anthropic’s Opus 4.5, Allen Institute’s open-source Olmo 3, Moonshot AI’s Kimi K2, and others). Open-source models and tools — Olmo 3, MiniMax M2, Tongyi DeepResearch, Kimi K2 — are approaching closed‑weights performance while vendors lower prices and add agentic and image-editing capabilities (SynthID watermarking noted). Infrastructure and tooling advances include AMD GPU libraries (HipKittens), browser/small-device runtimes (LiteRT), agent IDEs (Google’s Antigravity), benchmarking/bench tools (Harbor), and research/forecasting models (WeatherNext 2). Security and operations concerns are prominent: AI-driven cyberattacks, data-poisoning defenses, new malware-as-a-service, vulnerabilities in trusted execution environments, and risks around age‑verification data. Notable themes: rapid capability growth across closed and open models; increased focus on agentic systems and interpretability (tagged “thoughts” in some models); rising demand for data center power and specialised hardware; and growing attention to governance, watermarking, and copyright for creative works. For traders, the report signals accelerating innovation that could influence tokenized AI infrastructure projects, cloud providers, GPU/AI hardware suppliers, and privacy/security-focused protocols. Key SEO keywords: AI models, open-source AI, LLMs, image generation, AI security.
Neutral
AI modelsopen-source AIAI securityinfrastructure & GPUsagent systems
Poland’s President Karol Nawrocki vetoed the Crypto‑Asset Market Act on December 1, 2025, arguing the bill would threaten individual freedoms, property rights and national stability. The proposed law would have granted the Polish Financial Supervision Authority (KNF) broad powers over crypto firms, including enforcement penalties, criminal liability, authority to block crypto websites and high supervisory fees. The president warned domain‑blocking powers could let regulators disable crypto firms’ websites “with a single click” and said the bill’s complexity and cost structure would favour large banks and foreign firms while stifling startups. Finance Minister Andrzej Domański defended the measure as necessary for investor protection and said the veto could create market disruption. Supporters of a lighter approach pointed to the EU Markets in Crypto‑Assets (MiCA) regulation — due to take effect July 1, 2026 — as a more balanced framework that should provide investor safeguards without severe national restrictions. The veto underscores regulatory uncertainty in Poland, highlights political scrutiny of heavy‑handed crypto controls, and raises the risk that on‑chain and off‑chain service providers could face sudden access or domain restrictions if similar provisions are reintroduced. Traders should watch for follow‑up legislation, KNF guidance, and potential shifts in firm domiciles, as these developments may affect liquidity, custody services and regional market confidence.
Dan Houser, co-founder of Rockstar Games and a lead creator behind Grand Theft Auto, warned that generative AI could erode creativity in games if models train on content produced by other AI. In an interview on Virgin Radio UK he compared the feedback loop of AI learning from AI output to "mad cow disease," saying repeated AI-generated material could weaken originality and reliability in digital media. Houser, who left Rockstar in 2020 after over 20 years, acknowledged the technology’s appeal — noting the unpredictable and confident answers AI gives on repeated queries — but urged caution about long-term effects on creative quality. The piece situates Houser’s comments amid broader cultural pushback against AI in creative industries, mentioning similar concerns from figures like Paul McCartney. Key keywords: AI in gaming, generative AI, creativity risk, Dan Houser, game development.
Neutral
AI in gaminggenerative AIgame developmentcreativity riskDan Houser
OpenEden closed a strategic funding round on December 1 to scale its real-world asset (RWA) tokenization platform, led by investors including Ripple, Lightspeed Faction, Gate Ventures, FalconX, Anchorage Digital Ventures, Flowdesk, P2 Ventures, Selini Capital, Kaia Foundation and Sigma Capital. The raise follows an earlier 2024 round that included YZi Labs and will accelerate OpenEden’s tokenization-as-a-service offering for regulated traditional assets. Core products are TBILL, a tokenized short-term US Treasury fund, and USDO, a yield-bearing stablecoin fully backed by short-dated US Treasuries. Institutional credibility has increased after BNY Mellon was appointed custodian and investment manager for TBILL, and both S&P Global and Moody’s assigned investment-grade ratings to the product. A wrapped variant, cUSDO, has been accepted as off-exchange collateral on Binance, enabling institutional counterparties to post it for trading access. OpenEden said it will expand its product suite with bond-exposure tokens, multi-strategy yield tokens and structured products to deepen on-chain access to regulated, cash-equivalent yields. This financing and product push come amid growing institutional demand for tokenized government debt and a broader resurgence in crypto lending markets — developments likely to increase institutional flows into tokenised short-term Treasury products and stablecoins backed by high-quality collateral.
The UK government is debating a ban on cryptocurrency donations to political parties as part of a proposed Elections Bill, following concerns about transparency and potential foreign interference. The move gained urgency after Reform UK — the first major UK party to accept crypto donations and led by Nigel Farage — surged to about 29% in national polls. Officials and anti-corruption campaigners warn that digital assets can obscure the source of funds, risking foreign money or criminal proceeds entering party coffers. Supporters of tighter rules include former Cabinet Office minister Pat McFadden, MP Liam Byrne and campaigner Phil Brickell. The bill may also tighten rules on shell companies and unincorporated associations and require parties to perform risk assessments for donations flagged as potential foreign interference. The debate intensified amid revelations that ex-Reform Wales leader Nathan Gill was jailed over payments tied to pro‑Russia promotion; Farage denies links. No legislative text or timeline has been published yet. For crypto traders, the proposed clampdown signals rising UK regulatory scrutiny of crypto transactions and political use of digital assets — a development likely to affect market sentiment, raise compliance costs for crypto services, and increase regulatory risk premiums for firms handling political donations or similar flows.
Neutral
UK regulationCrypto donationsReform UKElections BillPolitical finance
Gate, a leading crypto-asset exchange, hosted a delegation of 25 students from multiple universities on Dec 2, 2025. Senior leaders including Founder & CEO Dr. Han and Gate OTC global head Edwin Cheung led discussions covering three core themes: market outlook, Gate’s strategic roadmap, and Web3 career paths. Edwin outlined Gate’s corporate culture, product offerings and ecosystem development, emphasizing integration of centralized and decentralized finance to deliver comprehensive Web3 solutions. He also shared his transition from traditional finance to crypto and offered practical career and entrepreneurship advice. Students engaged in Q&A on market trends, investment opportunities and the exchange’s role in the global digital-asset ecosystem. The visit underscores Gate’s ongoing focus on education, talent cultivation, compliance and technology-driven growth, and demonstrates the company’s use of open office engagement to expose future talent to real industry practices. (Main keywords: Gate, crypto exchange, Web3 career, market outlook; semantic keywords: centralized finance, decentralized finance, ecosystem, talent cultivation.)
Neutral
GateWeb3 careerscrypto exchange strategyDeFi and CeFi integrationtalent cultivation
An Ethereum ICO participant (wallet starting with 0x2eb0) sold 23,000 ETH over about one week, according to Lookonchain. The seller offloaded 20,000 ETH on November 26 via FalconX — the first sale from that wallet in eight months — and another 3,000 ETH (≈$8.4m) more recently. The wallet originally received 254,908 ETH during Ethereum’s 2014 ICO; the remaining holdings are still substantial and were valued at roughly $757 million at the amounts originally received. The sales coincided with renewed market volatility: ETH fell to a multi-month low near $2,680 and traded around $2,824 at the time of reporting (down ~2% over the prior week, per CoinGecko). Key SEO keywords: Ethereum, ETH sell-off, ICO holder sale, market volatility, FalconX. Relevance for traders: large, historic-wallet sales can increase sell-side pressure or signal profit-taking by long-term holders; watch on-chain flows from ICO-era wallets and centralized venue withdrawals (FalconX) for short-term liquidity impact.
Bank of America (BofA) is advising its wealth-management clients to consider allocating 1%–4% of portfolios to digital assets via regulated investment vehicles, targeting investors who can tolerate high volatility and are seeking innovation exposure. The guidance — tiered by risk tolerance, with 1% suitable for conservative profiles and up to 4% for higher-risk clients — emphasizes ETF-based, regulated exposure rather than direct holdings. Starting January 2026, BofA’s investment strategists will begin formal coverage of four Bitcoin ETFs (products from Bitwise, Fidelity, Grayscale and BlackRock), enabling roughly 15,000 advisers across Merrill, BofA Private Bank and Merrill Edge to recommend these ETFs. The move aligns with other major institutions that favour modest crypto allocations and ETF vehicles with regular rebalancing. Key trader takeaways: increased institutional distribution and adviser endorsement of Bitcoin ETF products may lift demand for BTC ETF shares, reinforce ETF flows into spot Bitcoin exposure, and encourage portfolio rebalancing activity — but risks remain from volatility and regulatory developments. This guidance is framed as measured exposure and not personalized investment advice.
Bullish
Bank of AmericaCrypto allocationBitcoin ETFsWealth managementInstitutional adoption
Spot ETFs tracking XRP have drawn dominant net inflows since mid-November, outpacing Bitcoin and Ethereum-focused funds. Canary Capital’s XRPC remains the market leader by cumulative inflows after the first US 100% XRP spot ETF launches; four spot XRP products (XRPC, Bitwise, Grayscale’s GXRP, Franklin Templeton’s XRPZ) attracted $89.65 million on Dec 1, taking total inflows to $756.26 million since XRPC’s debut. Bitcoin ETFs added a modest $8.48 million that day, while Ethereum funds recorded about $79 million in outflows and SOL-focused ETFs lost $13.55 million. DOGE spot ETFs saw zero activity for a second straight day. XRP ETFs have not posted a daily net outflow since Nov 13, with peak daily inflows of $243.05M (Nov 14), $164.04M (Nov 24) and $118.15M (Nov 20). Despite strong ETF demand, XRP price has lagged—down 8% weekly, briefly dropping below $2 and turning negative YTD—though analysts point to defended supports near $1.75–$2.00 and remain optimistic on potential further rallies. Key trading keywords: XRP ETF, spot XRP ETFs, XRPC, GXRP, inflows, Bitcoin ETF, Ethereum outflows.
China’s People’s Bank of China (PBoC) led a multi-agency enforcement push on November 28, 2025, that refocused the country’s crypto crackdown on stablecoins. Thirteen government bodies coordinated to reaffirm that virtual currencies are not legal tender and to close loopholes enabling capital flight and illicit cross-border transfers. Regulators highlighted weak KYC/AML controls in stablecoin operations and warned financial institutions to halt activities such as real-world-asset tokenisation. The move aims to protect the yuan and accelerate adoption of the state-backed e-CNY while suppressing private stablecoins. Immediate market fallout included sharp declines in Hong Kong-listed crypto and fintech stocks — Yunfeng Financial Group fell over 10%, Bright Smart and OSL dropped roughly 7% and 5% respectively — and elevated trading volumes as investors rebalanced positions. The action follows Hong Kong’s May 2025 stablecoin legislation and has already prompted major firms to pause local stablecoin initiatives. For traders: expect higher regulatory risk premium for Asia-focused crypto assets, increased volatility in Hong Kong equities linked to digital assets, and a widening policy divergence between China’s controlled digital currency model and more open markets. Monitor PBoC guidance and Hong Kong policy responses for short-term triggers; longer term, watch adoption signals for the e-CNY and any further enforcement that could constrain regional stablecoin liquidity.
Bearish
China regulationstablecoinse-CNYHong Kong marketAML/KYC
The cryptocurrency market has plunged amid a broad sell-off in high-risk assets, driven by worsening macroeconomic uncertainty and shifting investor risk appetite rather than industry-specific scandals. The Wall Street Journal cites institutional caution as a key factor. Patrick Horsman, CIO of BNB Plus, warned Bitcoin could fall toward $60,000 if current trends persist. A notable development is MicroStrategy — historically an aggressive BTC accumulator — indicating it may sell some holdings, marking a shift in institutional sentiment that could add downward pressure. Unlike past crashes triggered by exchange failures, fraud, or platform-specific regulation, this decline reflects crypto’s growing integration with traditional markets. Implications for traders: elevated correlation with equities and risk assets, heightened volatility, and potential for further downside if institutions liquidate or macro conditions deteriorate. Traders should monitor institutional actions (e.g., MicroStrategy), macro risk indicators, and liquidity conditions. Defensive measures include position size management, reducing leverage, and using hedges or stablecoins for temporary capital preservation. Keywords: crypto market plunge, Bitcoin price, institutional selling, macro risk, MicroStrategy.
DeFi Development Corp. (DFDV) has integrated Harmonic’s open block-building framework into its Solana validator stack to capture higher-value blocks, increase validator rewards, and improve operational control and transparency. Harmonic provides multiple block options per slot and allows custom builder preferences, which DFDV says will help it better manage order flow and align standards with public-company expectations. DFDV expects improved revenue capture and validator performance in the coming weeks and states its multi-builder participation will strengthen Solana’s decentralization and support its plans to expand SOL holdings and SOL-per-share value.
Market context: SOL trades near $128 with a circulating supply around 560 million and market capitalization above $71 billion. Technical analyst Ali Martinez noted a weekly TD Sequential “9” buy setup and a retest of a long-term ascending trendline in the $122–$130 zone — areas that preceded strong rallies in 2023–2024. Key price levels to watch: support at $122 (loss risks a drop to $105) and resistance/confirmation at $145 (weekly close above would signal renewed momentum). Upside targets on a rebound are $150, then $175–$185; downside supports lie near $110 and $96.
Bitget has launched a U-based RLS perpetual contract offering 1–20x leverage and introduced a synchronous contract trading bot to support linked order execution. The product expands Bitget’s derivatives lineup, enabling traders to take directional positions while retaining perpetual settlement mechanics. The synchronous bot is designed to execute linked orders reliably for algorithmic strategies, potentially improving execution precision and liquidity access. Traders are advised to review margin requirements and risk disclosures before using higher leverage. Market participants will monitor how the RLS contract affects market depth and liquidity across crypto derivatives venues.
Myriad, a decentralized prediction market platform, has launched native integration within Trust Wallet’s mobile app, allowing users to access and trade prediction markets directly from their wallet interface. The integration removes the need to connect to external dApps or websites, streamlining interactions with Myriad’s smart contracts while keeping assets self‑custodied in Trust Wallet. Key benefits highlighted include improved convenience, reduced phishing risk, and broader exposure of prediction markets to Trust Wallet’s large user base. The announcement focuses on mobile availability; fees will include on‑chain gas and possible platform fees. The move signals a broader trend of crypto wallets becoming multi‑function DeFi hubs, raising considerations around app performance, regulatory clarity for prediction markets, and user education. This update may encourage other wallets to embed niche DeFi services such as insurance or derivatives.
Anthropic’s red team and the ML Alignment & Theory Scholars (MATS) program tested commercial large models (Claude Opus 4.5, Sonnet 4.5, GPT‑5 and others) on SCONE — a benchmark of 405 historically exploited smart contracts — and on 2,849 recently deployed BNB Chain contracts. Across evaluations of 10 models, researchers produced working exploit scripts for 207 benchmark contracts, equating to a simulated $550.1M in historical losses and $4.6M in theoretical exploits tied to models’ autonomous outputs. In a focused live scan of 2,849 new contracts, GPT‑5 and Sonnet 4.5 discovered two previously unknown zero‑day vulnerabilities and generated executable attacks with simulated profit of $3,694; the API cost for that run was roughly $3,476. The study highlights rapidly falling token/output costs required to produce exploits (a reported 70.2% median token drop across four Claude generations) and rising agent effectiveness (exploit coverage grew from ~2% to 55.88% within a year on recent vulnerabilities). Total scan cost for the sample was about $3,476 — ~ $1.22 per contract — demonstrating automated exploitation is becoming economically viable as model prices decline. Authors warn this shortens the time window between contract deployment and exploitation, expanding risk beyond DeFi to conventional software and infrastructure. They call for faster audits, proactive AI‑driven defensive tooling, on‑chain safeguards and immediate patching to mitigate a growing automated threat.
Bearish
AI securitySmart contract exploitsAnthropicDeFi securityAutomated exploitation
Qiao Wang, founder of crypto accelerator AllianceDAO, argues that strategic allocations to leading Layer‑1 blockchains (notably Ethereum) can hedge Bitcoin’s primary long‑term risks. Wang identifies two structural threats to Bitcoin: a declining security budget once block rewards end, which may leave miners dependent on transaction fees, and future quantum‑computing risks to cryptographic security. He contends that modern Layer‑1s — with adaptive security models (PoS or hybrid), formal upgrade roadmaps (including plans for post‑quantum upgrades), active developer communities, and diverse utility through DeFi, NFTs and smart contracts — offer complementary value as “insurance” against these existential risks. Wang suggests that holding top‑tier Layer‑1s is diversification, not replacement: Bitcoin remains the core store of value while Layer‑1s mitigate systemic risks and capture fee markets. For traders, the actionable takeaway is to consider a balanced portfolio that keeps high conviction in BTC but allocates a portion to leading Layer‑1 tokens to manage long‑term risk exposure. The piece stresses no direct trading advice and recommends personal research or professional consultation.
Privacy-focused cryptocurrencies ZCash (ZEC), Monero (XMR) and Dash (DASH) have weakened alongside a broader crypto market pullback. Traders saw reduced momentum and lower trading volumes for these privacy coins after major market sell-offs pressured risk assets. Price declines were broadly in line with overall market movement rather than driven by coin-specific news or regulatory actions. Key drivers cited include shorter-term profit-taking, lower liquidity in mid-cap altcoins, and cautious positioning ahead of macroeconomic data and on-chain events. For traders, the immediate signal is elevated volatility and potential for further downside if the broader market continues to retrace. Watch volume, order book depth and correlation with Bitcoin (BTC) to time entries; consider tighter stops and smaller position sizes while liquidity remains thin. Primary keywords: privacy coins, ZCash, Monero, Dash. Secondary/semantic keywords: market pullback, volatility, liquidity, altcoin correlation, trading volume.
Aptos (APT) rose 2.4% to $1.90 over the past 24 hours, outperforming the broader market as the CoinDesk 20 Index gained 1.5%. Trading volume surged about 40% above its 30-day average, concentrated during the morning session. CoinDesk Research’s technical model interprets the mix of muted price movement and elevated volume as potential institutional accumulation: three consecutive higher lows within a $0.14 range, an intraday range of 7.6%, and price support at $1.88 with resistance near $1.91–$1.92. The model notes that the current $1.90 pivot offers a consolidation base for further advances if buying continues. Key metrics for traders: APT price $1.90, 2.4% 24h gain, ~40% volume spike vs 30-day average, support $1.88, immediate resistance $1.91–$1.92. Primary keywords: Aptos, APT, trading volume, institutional accumulation, support and resistance.
First Digital Group, the Hong Kong-based issuer of the FDUSD stablecoin, and special purpose acquisition company CSLM Digital Asset Acquisition (NASDAQ: KOYN) have signed a non-binding letter of intent (LOI) for a proposed merger. The LOI outlines intent to pursue a business combination but is non-binding and subject to further due diligence, negotiation of definitive agreements, regulatory approvals and customary closing conditions. The announcement follows media reports linking First Digital to merger discussions. No financial terms, timeline or definitive deal structure were disclosed in the LOI. Key entities: First Digital Group (FDUSD issuer) and CSLM Digital Asset Acquisition Corp III, Ltd (KOYN). Traders should note potential implications for FDUSD distribution, corporate governance, and market perception for both the stablecoin issuer and the SPAC, but specific impacts depend on deal terms and regulatory outcomes.
Neutral
First DigitalCSLM Digital Asset AcquisitionLOIFDUSDSPAC merger
Crypto markets remain in a risk-off mood as bitcoin retraced nearly the entire Nov. 21–28 rally, trading around $87,000 after a high near $92,350. The Fear & Greed Index sits in “extreme fear.” Futures open interest for BTC, ETH, XRP and SOL fell 3%–6% in 24 hours; BTC’s 90‑day annualized futures basis dropped to cycle lows (~4%–5%) and ether’s basis neared 3%–4%. Option flows were biased toward puts and put spreads, and implied volatility dynamics show rising BVIV versus VIX and a narrowed ETH–BTC volatility spread. Altcoins underperformed: privacy coins led losses with ZEC down ~8% (33% week), XMR and DASH off 5%–6%. The altcoin season indicator remains weak (24/100). Exceptions included SKY (formerly MKR), up 6.7% after token buyback news and rising interest in its USDS stablecoin, whose market cap grew from $7.6B to $9.5B and offers ~4.5% staking yield. Key takeaways for traders: elevated uncertainty and deleveraging pressure are suppressing leverage and futures positioning, options skew favors downside protection, and selective DeFi yield stories (eg. SKY/USDS) may attract capital despite broad risk-off conditions.
Crypto markets remain fragile as Bitcoin slips after a brief bounce from sub-$84k lows to around $87k, while major altcoins including ETH, XRP, SOL and DOGE trade near recent lows. Analysts warn of a ‘‘dangerous lull’’ with market cap just below $3 trillion and risk of renewed sell-off if bulls fail to defend late-November support near $2.83 trillion. Spot ETF flows for U.S.-listed products modestly returned (+$8.48m on Monday; four-day $229m), but remain far below the multi-billion outflows seen since October. Macro headwinds persist: elevated Treasury yields are supporting the dollar and limiting risk-on momentum. Notable on-chain/news items: Kaspa’s KAS token showed relative weakness despite month-over-month gains after the launch of verified programmability (vProgs). Upcoming catalysts include the launch of the Grayscale Chainlink Trust ETF (GLNK) converting to a spot LINK ETF, protocol upgrades (MultiversX staking V5, VeChain Hayabusa fork) and key Fed/SEC speeches. Market metrics: BTC dominance ~59.6%, ETH/BTC ratio ~0.0323, CME futures OI ~121,220 BTC; spot BTC ETFs recorded cumulative holdings ~1.31M BTC. For traders: elevated long positions on Bitfinex and persistent high yields suggest vulnerability to downside continuation; watch ETF flows, U.S. Treasury yields and late-November market cap/support levels for short-term direction.
ADA has lost 7% over the past seven days and plunged 35% during November, slipping below $0.40. Cardano futures open interest fell 6.82% in 24 hours to $693M, signalling reduced trader participation. The OI-weighted funding rate is -0.0057% and the long-to-short ratio is 0.8765, with shorts making up 53.29% of derivatives contracts — indicating sell-side dominance. Technicals are bearish: daily RSI ~28 (near oversold) and MACD in negative territory. If the daily candle closes below the Nov 21 low of $0.3876, ADA could retest the Sept 16, 2024 low at $0.3264 (~$0.32). Conversely, holding above $0.3876 could allow a reclaim of $0.40. Key keywords: Cardano, ADA price, open interest, funding rate, RSI, MACD, derivatives.
US federal agencies are accelerating stablecoin oversight as the GENIUS Act begins implementation. The FDIC will publish an application framework for bank-linked payment stablecoin issuers later this month and plans a second proposal on prudential requirements early next year. The FDIC will supervise and license subsidiaries of insured depository institutions that issue payment stablecoins and will set capital, liquidity and reserve diversification standards. The Federal Reserve is coordinating capital, liquidity and diversification standards with other banking regulators, and Vice Chair for Supervision Michelle Bowman will detail the Fed’s work at a House hearing. The Treasury Department has completed public consultations and is drafting its rules. The FDIC is also developing guidance on tokenised deposits. Agencies will solicit public comment before finalising rules, and multiple rulemakings will roll out over the coming year to meet GENIUS Act obligations. Key implications for crypto markets: clearer regulatory expectations for bank-issued stablecoins, tighter prudential standards for issuers, and coordinated federal oversight that may affect product launches, bank participation in crypto, and stablecoin liquidity profiles.
Myriad, a prediction-markets protocol, has partnered with Trust Wallet to launch the industry’s first in-wallet prediction markets. The integration enables Trust Wallet users to discover, view and participate in Myriad prediction markets directly inside the wallet interface without leaving the app. Initial markets will run on Ethereum-compatible L2 infrastructure (Linea and others referenced by Myriad) and use Myriad’s market creation and resolution mechanics. The partnership aims to improve accessibility and on‑ramps for retail traders by reducing friction—users can browse markets, stake positions and view outcomes natively in Trust Wallet. Myriad’s move targets broader retail adoption of on‑chain prediction markets and leverages Trust Wallet’s large user base for faster liquidity and participation. Key implications include easier access for traders, potential boost to Myriad market liquidity and greater on‑chain activity on supported L2 networks. Primary keywords: in-wallet prediction markets, Myriad, Trust Wallet, prediction markets. Secondary/semantic keywords: Linea, L2, on-chain markets, market liquidity, retail adoption.
Neutral
prediction marketsTrust WalletMyriadin-wallet integrationL2 / Linea
Solana (SOL) appears to have tested a swing low around $121–$123 and formed a potential double bottom, suggesting the macro bottom may be in. On shorter timeframes SOL traded inside a descending channel but met a major ascending trendline and strong horizontal support near $126–$123. Momentum indicators (Stochastic RSI on 4‑hour and weekly charts, plus daily RSI breakout) point to rising upside momentum. If SOL can hold and consolidate above these supports, near-term resistance targets are $142 (first resistance), the top of the descending channel, $156, and a trend-confirming higher high at $172. A sustained move to $175 could open a path back toward the macro swing high at $253. The article frames this setup as bullish across weekly and multi‑week indicators but reminds readers this is analysis, not financial advice.
Trail of Bits upstreamed constant-time support into LLVM (proposed for LLVM 22) by introducing __builtin_ct_select (llvm.ct.select.*) intrinsics that force conditional selection to compile to constant-time machine code. On x86-64 these lower to cmov, on AArch64 to CSEL, and on other targets they fall back to masked arithmetic. ETH Zürich benchmarks (Breaking Bad suite) and early integrations (HACL*, Fiat-Crypto, BoringSSL, HACL*) show the intrinsics preserve constant-time properties across optimization levels with minimal performance cost. The work addresses a long-standing compiler risk where branchless, constant-time source can be transformed into data-dependent branches, enabling timing side-channel attacks on cryptographic secrets. Trail of Bits plans further intrinsics for constant-time arithmetic and full-expression barriers and the change has attracted interest from Rust, Swift and WebAssembly communities, meaning any language targeting LLVM can adopt it. For crypto traders, the change reduces a class of implementation vulnerabilities in widely used crypto libraries and toolchains, lowering operational risk for custodial services, exchanges and DeFi projects that depend on software cryptography.
China’s People’s Bank (PBoC) publicly condemned stablecoins on Nov 28, saying they fail AML/KYC requirements and are vulnerable to money laundering, fundraising fraud and illegal cross-border transfers. The PBoC urged strict enforcement of existing prohibitions on virtual-currency financial activity and signalled that Hong Kong’s recent stablecoin permissiveness may face headwinds. Meanwhile, South Korea is negotiating stablecoin legislation after a dispute between the Bank of Korea and the Financial Services Commission over who may issue won-backed stablecoins; a compromise could let banks control issuing consortia while allowing private firms to participate. Israel’s central bank continues exploring a digital shekel while proposing supervision layers for private stablecoins under the Financial Markets Authority, reserving central-bank oversight for any systemically important tokens. Visa expanded stablecoin settlement in CEMEA via a partnership with Aquanow, highlighting USDC use and multi-stablecoin pilots to modernize cross-border rails. Sony Bank announced a strategic tie-up with Bastion to issue dollar-pegged stablecoin(s) for the Sony ecosystem, aiming to launch early next year and cut card fees; Connectia Trust (a Sony Bank unit) has applied for a US bank charter. Market implications: heightened regulatory pressure in China may depress regional stablecoin projects and weigh on crypto sentiment, while institutional and corporate adoption (Visa, Sony) signals continued demand for stablecoin settlement and consumer use cases.