According to Gate News Bot on December 4th, citing CoinMarketCap data, as of press time, MAVIA (Heroes of Mavia) is quoted at $0.07, up 32.35% in the past 24 hours, reaching a high of $0.07 and a low of $0.05. The current market capitalization is approximately $13.1 million, an increase of $3.21 million from yesterday. MAVIA is currently ranked 931st in the global cryptocurrency market capitalization rankings. Heroes of Mavia is a mobile game centered around base building and combat. Players can construct bases, develop armies, and earn Ruby tokens by conquering enemy bases. The game aims to provide users with a high-quality 3D art and animation experience, bringing Web2 players into the Web3 ecosystem. The MAVIA token is the governance token of the game’s ecosystem, and holders can

According to Gate News Bot on December 4, citing CoinMarketCap data, as of press time, ZEC (Zcash) is trading at $349.30, up 14.20% in the past 24 hours, reaching a high of $546.73 and a low of $302.75, with a 24-hour trading volume of $1.556 billion. The current market capitalization is approximately $5.736 billion, an increase of $713 million compared to yesterday. Zcash is a privacy-protecting digital currency that uses zero-knowledge proof technology to achieve end-to-end encryption and safeguard users' privacy rights. Zcash features fairness and openness, privacy protection, user control, the ability to send secret messages, low fees, fast transactions, and independent development. It is an improved version of Bitcoin, offering faster transaction speeds and fees that are usually just a fraction of a cent. The Zcash ecosystem is supported by a decentralized team of developers who continually add new features and improve the user experience.

Gate News Bot message, December 4th: According to CoinMarketCap data, as of press time, ETH(Ethereum) is trading at $3,206.25, up 6.45% in the past 24 hours, reaching a high of $3,238.56 and a low of $2,720.44. The 24-hour trading volume is $31.16 billion. The current market capitalization is approximately $386.98 billion, an increase of $23.458 billion compared to yesterday. Ethereum is a leading platform for innovative applications and blockchain networks. It provides infrastructure for decentralized applications(DApps) and smart contracts, enabling developers to build a wide range of applications, including finance, gaming, and social networking. Ethereum aims to create a more open and unbiased financial system, allowing billions of people to freely access funds, and serves as a central hub for blockchain innovation.

Gate News Bot message, December 4th, according to CoinMarketCap data, as of press time, RED (RedStone) is currently trading at $0.34, up 28.57% in 24 hours, reaching a high of $0.34 and a low of $0.24. The current market cap is about $99.9 million, an increase of $2.22 million compared to yesterday. RedStone is a modular blockchain oracle infrastructure designed for DeFi and institutions. It provides products such as price feeds, proof of reserves, and Atom, aiming to support the financial systems of the future. RedStone has received backing from several well-known investment institutions and has passed multiple security audits. Recent important news about RED: 1️⃣ **RWA market size expected to grow significantly** RedStone released a report predicting

According to Gate News Bot, as of December 4, per CoinMarketCap data, SAPIEN (Sapien) is currently priced at $0.19, up 65.77% in 24 hours, reaching a high of $0.20 and a low of $0.11. The current market cap is approximately $47.5 million, an increase of $18.8 million from yesterday. Sapien is a decentralized data foundry that transforms collective human knowledge into enterprise-grade AI training data. The platform has 1.8 million global contributors from over 110 countries and has completed 187 million tasks. Sapien focuses on providing high-quality, vertically specialized training data for professional AI, including 3D/4D data annotation, data collection, and other services. Its marketplace also offers expert reasoning, image and video, audio, 3D/4D, and

Jinse Finance reports that vitalik.eth posted on X, saying, "I always feel gratified to see everyone recognize protocol modifications that add hard fixed rules. These types of changes can both enhance protocol security and improve its adaptability for the future. 2021: Ethereum Improvement Proposals EIP-2929 and EIP-3529 (increasing gas fees for storage read operations and reducing gas refunds). 2024: Weakening of the self-destruct contract instruction (implemented with the Dencun upgrade). 2025: Setting a single transaction gas limit to 16,777,216. All of the above modifications establish various hard limits for the maximum processing capacity of a single block or transaction, which not only thoroughly avoids multiple denial-of-service attack risks but also simplifies client code, while opening up more feasible paths for improving system efficiency. I expect that the following still need to be promoted in the near future."

The highly anticipated Ethereum Fusaka upgrade will officially go live on December 3, with the market widely watching to see if this upgrade can push ETH prices back to previous highs or even challenge the $7,000 target. The core of this upgrade is EIP-7594 (PeerDAS), which optimizes rollup data processing by allowing nodes to verify data samples instead of entire blocks. This reduces bandwidth requirements and frees up more space for rollup activity. This means Ethereum can expand data block capacity without a full hard fork, improving network scalability and throughput while also reducing transaction costs.

PANews, December 3—According to Reuters, the world’s largest corporate holder of Bitcoin, Strategy (NASDAQ: MSTR), is in talks with index provider MSCI regarding a potential decision to remove it from the MSCI USA and MSCI World indexes. MSCI is expected to make a decision on January 15, 2026. If the removal takes effect, it could trigger outflows of up to $8.8 billion, particularly from funds held through passive investment vehicles such as ETFs. Strategy Executive Chairman Michael Saylor stated that the company is participating in the relevant process, but regarding JP

Further Asset Management and 3iQ have jointly launched a market-neutral, multi-strategy digital asset hedge fund—Further x 3iQ Alpha Digital Fund—with seed capital of up to $100 million. The fund is specifically designed for institutional investors, family offices, and sovereign wealth funds, aiming to provide a regulated risk management framework that enables them to pursue excess returns in highly liquid crypto markets. A major highlight of the fund is the Bitcoin share class, which allows for subscriptions in physical BTC and enables compounding of strategy returns while maintaining full exposure to the underlying asset. This design provides BTC holders with a secure and institutionalized yield management solution, allowing them to continue holding Bitcoin while seeking excess returns from digital assets. The first BTC share class capital comes from a physical investment by a family office in Abu Dhabi.

21Shares has submitted a revised Dogecoin ETF application to the U.S. Securities and Exchange Commission (SEC), confirming the management fee and disclosing additional details. This spot Dogecoin ETF is expected to join the ranks of Grayscale (GDOG) and Bitwise Dogecoin ETF (BWOW), further driving up the price of Dogecoin. According to the latest filing, 21Shares has amended its S-1 document for the fifth time, confirming a management fee of 0.50%, which accrues daily and is paid weekly in the form of Dogecoin (in arrears). The document also retains a delayed issuance clause, which may take effect after submitting the 8(a) application, but no fee waiver information has been disclosed at this time.

BlockBeats news, on December 3, according to monitoring by lookonchain, address 0x4321 has conceded—closing out his Bitcoin short position with a loss of $3.2 million. Meanwhile, address 0xfB66 is still holding on to his Bitcoin long position, which currently has over $2.5 million in unrealized profit. Yesterday, two new wallet addresses in the market were locked in a long vs. short battle: · 0xfB66 opened a 15x leveraged long position: Position: 300 BTC ($25.9 million) Entry price: $84,736.9 PNL at the time: +$505,000 Liquidation price: $72,424 · 0x4321 opened a 20x leveraged short position: Position: 447.38 BTC ($38.67 million) Entry price: $86,373.6

Gate News Bot reports that as of December 3rd, according to CoinMarketCap data, ADA (Cardano) is currently priced at $0.44, up 13.93% in the past 24 hours, with a high of $0.45 and a low of $0.37. Its current market capitalization is approximately $15.965 billion, an increase of $1.952 billion from yesterday, ranking 10th in market capitalization. Cardano is a blockchain platform developed based on peer-reviewed research and evidence-based methods, aiming to provide changemakers, innovators, and visionaries with the tools and technology needed to create possibilities for the masses and bring about positive global change. As the first blockchain platform based on peer-reviewed research, Cardano combines pioneering technologies to provide unparalleled security and sustainability for decentralized applications, systems, and societies. ADA has recently re

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, ASTER (Aster) is currently trading at $1.07, up 8.26% in the past 24 hours, reaching a high of $1.13 and a low of $0.88. The current market capitalization is approximately $2.541 billion, an increase of $194 million compared to yesterday. Aster is a next-generation decentralized perpetual contract exchange for all traders. It offers cross-chain trading functionality without the need for bridging or switching; simply select a chain and trade. Aster features deep liquidity pools to support large trades and provides advanced tools such as hidden orders. Both beginners and professionals can enjoy a smooth trading experience on Aster. Recent important ASTER news: 1️⃣ **Large purchases drive price increase**

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, CHESS (Tranchess) is currently trading at $0.04, up 36.78% in the past 24 hours, reaching a high of $0.05 and a low of $0.03. The current market capitalization is approximately $8.03 million, an increase of $2.16 million compared to yesterday. Tranchess is a decentralized finance platform offering services such as liquid staking, leveraged trading, and stable yield. Its main features include: 1. Liquid Staking: Users can stake assets such as ETH and BNB to earn sustainable yields while maintaining asset liquidity. 2. Turbo and Stable Products: Investment options offering high leverage and stable returns. 3. Tranche Layering: The BISHOP token is pegged to the US dollar.

According to Gate News Bot, as of December 3rd, CoinMarketCap data shows that BCH (Bitcoin Cash) is currently priced at $587.38, up 12.27% in the past 24 hours, reaching a high of $597.05 and a low of $510.00. The 24-hour trading volume is $674 million. The current market capitalization is approximately $11.725 billion, an increase of $1.281 billion from yesterday. BCH currently ranks 11th in global cryptocurrency market capitalization. Bitcoin Cash is a peer-to-peer electronic cash system designed to provide better money for the world. BCH features no overdraft, no borders, no chargebacks, and funds cannot be frozen. Users can choose wallets, use exchanges and block explorers, and participate in community activities. For mining pools and exchanges, it can

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, TURBO (Turbo) is trading at $0.00253488, up 40.40% in 24 hours, reaching a high of $0.00274064 and a low of $0.00147302, with a 24-hour trading volume of $196 million. The current market capitalization is approximately $175 million, an increase of $50.3 million compared to yesterday. Turbo Token is a community-driven cryptocurrency project created by artificial intelligence. The project started with $69 and has now developed into a fully decentralized, community-led cryptocurrency. Turbo has no central owner or authority, and anyone can use it freely as long as they comply with applicable laws and regulations. The project does not generate profits nor maintain finan

The latest data from Bitwise shows that Ethereum treasury transactions are experiencing a sharp decline. In November, digital asset treasury companies purchased only 370,000 ETH, a drop of about 81% compared to 1.97 million ETH in August, signaling that the current "altcoin season" is gradually coming to an end. Bitwise senior researcher Max Shannon pointed out that this trend is similar to previous cycles: as alternative assets increase, it becomes more difficult for the same capital pool to meet demand. In July of this year, the Ethereum treasury market heated up rapidly, with multiple companies emulating Bitcoin treasury strategies for acquisitions. Among them, Bitmine, led by Wall Street strategist Tom Lee, continued to dominate the market, holding more Ethereum than the combined total of the other 68 treasury companies, making it the largest Ethereum-holding enterprise. Meanwhile, the purchasing power of smaller treasury participants declined, premiums were compressed, and they faced elimination pressure, leading to an intensified trend toward market concentration.

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, HBAR (Hedera) is trading at $0.15, up 12.87% in the past 24 hours, reaching a high of $0.15 and a low of $0.13. The current market capitalization is approximately $6.318 billion, an increase of $720 million from yesterday. Hedera is a public network governed by a council of leading global institutions, dedicated to providing a fast, secure, and compliant infrastructure for decentralized applications. Hedera leverages innovative hashgraph consensus technology to power decentralized apps without compromising speed, efficiency, or security. As the only public network managed by known organizations, Hedera's unique governance framework offers robust decentralization, unparalleled transparency, and trusted decision-making. HBAR recently...

According to Gate News Bot on December 3rd, as per CoinMarketCap data, at the time of writing, ALCH (Alchemist AI) is trading at $0.20, up 40.29% in 24 hours, reaching a high of $0.20 and a low of $0.11. The current market capitalization is approximately $168 million, an increase of $48.1 million from yesterday. Alchemist AI is an artificial intelligence platform that can turn ideas into usable applications and games within minutes, without the need for coding. The platform offers different generation pipeline options, including a regular pipeline that balances speed and quality, a fast pipeline for rapid prototyping, and the Sonnet 4.5 pipeline optimized for contextual understanding. Users can watch AI agents collaborate in real time to build applications and immediately experience the results of their creations.

Gate News Bot reports that as of December 3rd, according to CoinMarketCap data, LINK (Chainlink) is currently priced at $14.23, up 17.59% in the past 24 hours, reaching a high of $14.23 and a low of $11.76 in the same period. The 24-hour trading volume has reached $974 million. The current market capitalization is approximately $9.919 billion, up $1.484 billion compared to yesterday. Chainlink is the industry-standard oracle platform, supporting decentralized finance and driving capital markets on-chain. Chainlink provides reliable external data sources for smart contracts, enabling them to securely interact with off-chain resources. Recent important news about LINK: 1️⃣ **The first Chainlink spot ETF is about to be listed** Grayscale Chai

According to Gate News Bot, as of December 3rd, per CoinMarketCap data, PUMP (Pump.fun) is currently priced at $0.00336175, up 18.64% in the past 24 hours, reaching a high of $0.00337554 and a low of $0.00258022, with a 24-hour trading volume of $259 million. The current market cap is approximately $1.19 billion, an increase of $187 million compared to yesterday. Pump is a platform that allows anyone to create tokens. All tokens created on Pump are fairly issued, meaning everyone has an equal opportunity to buy and sell at the token’s initial launch. Users can choose their preferred tokens, purchase them along a bonding curve, and can sell at any time to lock in profits or losses. Recent important news about PUMP: 1️⃣ **

According to Gate News bot, Gate market data shows that XRP has increased by 10.04% in the past 24 hours, with the current price at 2.213 USDT.

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, BOB (Build on Bitcoin) is trading at $0.02, up 63.62% in 24 hours, with a high of $0.02 and a low of $0.01. BOB is the gateway to Bitcoin DeFi. BOB's hybrid chain combines Bitcoin’s unparalleled security with Ethereum’s versatility, unlocking real utility for the world's most important asset. BOB offers a one-stop Bitcoin DeFi platform that includes one-click yield, multi-chain BTC DeFi, native BTC enabled by BitVM, the BOB Gateway SDK, and cross-chain swaps. The BOB hybrid chain technology integrates Bitcoin’s security with Ethereum Virtual Machine compatibility, featuring ZK proofs, native BTC bridging, and decentralized finance capabilities.

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, PENGU (Pudgy Penguins) is trading at $0.01, up 26.27% in the past 24 hours, with a high of $0.012. Its current market capitalization is approximately $764 million, an increase of $159 million from yesterday. Pudgy Penguins is an Ethereum-based NFT project consisting of 8,888 uniquely generated penguin NFTs. The project has grown into one of the most influential communities in the cryptocurrency space, from large companies using penguin imagery, to appearances in ETF commercials, to having millions of followers and over 100 billion views on social media. Pengu has become a cultural symbol. The PENGU token allows the ever-expanding Pudgy Penguin fan base, as well as hundreds of millions of people who see and share Pudgy Penguins in their daily lives, to join The Huddle community. PENGU symbolizes community, memes, and positive vibes.

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, BRETT (Brett (Based)) is trading at $0.02, up 36.88% in the past 24 hours, with a high of $0.02 and a low of $0.01. The current market cap is about $203 million, an increase of $54.7 million compared to yesterday. BRETT is a fan tribute token based on the BASE blockchain, originating from the legendary character Brett in Matt Furie’s Boys' Club comic. As the blue mascot of the BASE chain, BRETT has become one of the most important cultural icons in the cryptocurrency space. The token distribution is 85% for the liquidity pool, 10% for the treasury, and 5% for the CEX wallet. BRETT has established strategic partnerships with leading companies in the crypto space.

Odaily Planet Daily News: Superform has published a long post on X announcing recent major project developments, including: Superform airdrop registration is now open; the first snapshot was completed on December 1; Superform community members and Cookie.fun users are eligible to participate in the community fundraising to acquire UP tokens at a discounted price. The UP community sale will take place from December 4 to 9 (Beijing time). The Superform rewards cycle (Epoch 1) has officially started. In addition, the official announcement states that the UP token community public sale will be held at 11:00 PM on December 4 (Beijing time) on Legion.cc supported...

According to Gate News Bot on December 3rd, citing CoinMarketCap data, as of press time, PEPE (Pepe) is currently trading at $0.0000046261, up 13.98% in 24 hours, reaching a high of $0.0000048719 and a low of $0.0000039693. The 24-hour trading volume reached $445 million. The current market cap is about $1.946 billion, an increase of $239 million from yesterday. Pepe is a meme token aimed at becoming the most meme-centric cryptocurrency. According to its official statement, the Dogecoin era has had its glory, and now it is time for the world’s most famous meme, Pepe, to take the throne. PEPE was launched with zero taxes and no presale; its liquidity pool has been burned and the contract has been renounced. The total supply is 420.69 trillion tokens.

Odaily News Superform announced on the X platform that the registration for the UP Token Airdrop event is now open, and eligible users enjoy preferential terms in the UP community sales. Retaining deposits in the Superform account qualifies you for the second Snapshot. Registration steps: 1. Link account; 2. Sign up; 3. Share relevant statistics on X; 4. Maintain deposit status to qualify for the second Snapshot; 5. Receive UP Tokens at TGE. The registration deadline is before TGE.

PANews, December 3rd, news. According to a MetaMask announcement, a new feature "Transaction Shield" has been launched, providing up to $10,000 in compensation protection per month for transactions that pass its security verification, limited to 100 transactions. This service is currently available for extended version users and supports multi-chain interactions, with a monthly fee of $9.99 and an annual discounted price of $99. New users can try it for free for 14 days, and it will later be expanded to mobile.

ChainCatcher news reports that Standard Chartered's Global Head of Corporate and Investment Banking, Gethanjay, stated that distributed ledger and blockchain technology will eventually replace the infrastructure of traditional financial markets. Financial institutions that do not keep up with the times will face elimination. Standard Chartered is concurrently laying out innovative financial services such as tokenization of deposits, stablecoins, and Central Bank Digital Currency (CBDC) to enhance market competitiveness.

Amazon has launched its next-generation AI chip Trainium 3, with training speeds four times that of its predecessor, aiming to capture market share from Nvidia. Several Bitcoin mining companies are transitioning to AI infrastructure, with a surge in investment, but analysts warn of a potential funding gap of up to $800 billion.

Golden Finance reported that Amazon Web Services has publicly launched its custom artificial intelligence chip, Trainium3. The company stated that the chip's computing speed is four times that of the previous generation of AI chips. Compared to systems using equivalent GPUs, the Trainium3, produced by AWS's Annapurna Labs custom chip design business, can drop the cost of training and operating AI models by up to 50%. These chips are designed to provide more powerful computing power for software developers like Dean Litesdorf, co-founder and CEO of AI video startup Decart. Litesdorf said that after testing several competing chips, including those from NVIDIA, his company made breakthroughs on Trainium3. The launch of Trainium3 is the latest offensive against NVIDIA, which dominates the GPU market, with an increasing number of people.

ChainCatcher news, according to Jin10 reports, most star tech stocks in the US stock market are rising, with Oracle (ORCL.N) up 3%, Nvidia (NVDA.O) up nearly 2%, and Intel (INTC.O) up over 1%.

Token Cat Limited announced that it has approved a cryptocurrency asset investment policy to allocate part of its cash reserves into selected cryptocurrency assets, with a total amount of up to $1 billion, focusing on emerging projects. The company has established a Risk Management Committee to oversee asset allocation and risk management.

Odaily News According to official news, Gate will officially launch a stock token trading cashback benefit activity from December 2nd, 16:00 to December 23rd, 16:00 (UTC+8). Users can earn 100% of the trading fees back, with a maximum of 1,450 USDT per person. The activity includes three major benefits: lucky subsidy for signing up, 0 threshold cashback for the first order, and double cashback for both spot and contract trading.

BlockBeats news, on December 2, as the largest overseas creditor of U.S. Treasury bonds, Japan may trigger the repatriation of domestic funds from U.S. Treasury bonds and other overseas assets if it tightens its monetary policy, disrupting the downward trend of U.S. Treasury yield and adding uncertainty to the global market. On Monday, after Bank of Japan Governor Kazuo Ueda hinted at a possible interest rate hike later this month, global government bond yields generally rose (yields rise when bond prices fall). This statement surprised investors, who had expected the Bank of Japan to remain inactive. Ueda's remarks pushed Japan's 10-year government bond yield up to 1.879%—the highest closing level since June 2008. The U.S. 10-year Treasury yield also rose to close at 4.095%, while it was slightly below 4% in the middle of last week. Wall Street is concerned that the rise in Japanese bond yields will attract funds away from U.S. investments.

Gate News Bot news, on December 2nd, according to CoinMarketCap data, as of the time of this report, MYX (MYX Finance) is currently priced at $3.35, with a rise of 15.31% in the last 24 hours, peaking at $3.96 and dropping to a low of $2.48. The trading volume in the last 24 hours reached $83.33 million. The current market capitalization is approximately $740 million, an increase of $98.33 million compared to yesterday. Important news about MYX recently: 1️⃣ **MYX Finance Leads the Cryptocurrency Market** MYX Finance has performed outstandingly in the past 24 hours, ranking first on the cryptocurrency market rise chart with a rise of 8.10%. This strong performance reflects investors' positive expectations for the MYX project, driving its price up from $2.82 to the current $3.35.

Zoo Finance announced the completion of a $8 million strategic round of financing, aiming to release the liquidity of locked tokens. Its core products LVT and LNT protocol innovatively transform locked-up tokens into tradable assets, facilitating on-chain OTC Trading. The financing was led by Bitrise Capital, with a total financing amount reaching $10 million.

According to the Gate News bot announcement, the Gate platform has launched an additional rewards pool activity for the BTC 7-day fixed investment in Simple Earn. This financial product offers an additional 10% annualized bonus on top of the original earnings, making the overall annualized return rate as high as 10.28%. Gate has set up an additional rewards pool totaling 1,000,000 RLS tokens for this activity. Rayls (RLS) is a blockchain ecosystem that connects traditional finance with decentralized finance, utilizing a high-performance public EVM Layer-1 and private chain architecture to provide institutions with compliant digital asset issuance and settlement solutions, while offering institutional-grade liquidity to DeFi users. The project aims to promote global asset tokenization through quantum-safe privacy protection and interoperability design.

According to Jinse Finance, the demand for Japan's 10-year government bond auction on Tuesday was stronger than the average level of the past 12 months, despite the rising expectations for the Central Bank's recent interest rate hike. The bid-to-cover ratio was 3.59, up from 2.97 in the last auction in November and the 12-month average of 3.20. This auction took place after Bank of Japan Governor Kazuo Ueda made comments on Monday, which the market believes increased the likelihood of a rate hike later this month. Ueda stated that the Bank of Japan would weigh the pros and cons of raising interest rates and take appropriate action, adding that even after a rate hike, financial conditions would remain accommodative. Currently, the swap market indicates an approximately 80% chance of a rate hike at the policy meeting on December 19, while the likelihood of a January rate hike has risen to over 90%. In contrast, just a week ago, the probability of a December rate hike was only 36%. Meanwhile, the Japanese Ministry of Finance plans to increase short.

PANews, December 2 - The Riksbank of Sweden has released a research report indicating that despite different regulatory frameworks, there is a gradual substantive convergence in stablecoin policies between Europe and the United States. The report focuses on three major dimensions of central bank policies: whether to allow stablecoin issuers access to settlement systems, whether central bank reserves can be used as collateral, and whether liquidity support can be obtained. Currently, while the law in both Europe and the U.S. permits the use of central bank reserves, there are still operational limitations. The European Central Bank has allowed some non-bank payment institutions to hold central bank account balances for transaction flows, but has not opened up the use of stablecoin backing.

PANews, December 2nd news, according to the frontier red team test results released by Anthropic, AI agents identified multiple smart contract vulnerabilities in a simulated Blockchain environment, with a potential exploit amount of up to $4.6 million. The tests covered the complete process of contract analysis, command line tool configuration, network reconstruction, Exploit generation and verification, and introduced a new Benchmark for smart contract security assessment. This research was jointly completed by Anthropic, the MAT project, and the Fellows program.

BlockBeats news, on December 2, the Taiyuan City Wanbailin District Prosecutor's Office in Shanxi Province, China, recently announced the first-instance verdict on the case of Chen and Li, who were prosecuted for concealing and hiding criminal proceeds. The court accepted the sentencing recommendation from the prosecutor's office, sentencing the two to two years and six months, and one year and six months of fixed-term imprisonment respectively, and imposing fines. In May of this year, Ms. Zhang met "Lin Hao" (who is still at large) on a short video platform. "Lin Hao" falsely claimed that his comrade worked for a well-known company and had access to information about the company's stock rise and fall, stating that profits could be made by signing up for an account on the company’s internal website to "buy rise" (claiming a return of 5% per period). However, it required trading in US dollars and exchanging cash for US dollars with designated merchants, which would then be transferred to his comrade's US dollar account, and then transferred to the company's account. On May 21, Ms. Zhang, following "Lin Hao"'s instructions, brought 1.47 million yuan in cash to a hotel in Wanbailin District to prepare for the exchange of US dollars. Under the guidance of the upper source, Chen...

The U.S. Department of Commerce has agreed to invest up to $150 million in the chip startup xLight, aiming to enhance domestic chip manufacturing capabilities. xLight is associated with former Intel CEO Gelsinger and is developing technology that competes with ASML. This move strengthens the U.S.'s influence in the chip industry.

BlockBeats news, on December 2, the yield on Japan's 30-year government bonds hit a record high, driven by persistently high inflation and increasing market expectations for the Bank of Japan to raise interest rates later this month. Currently up 1.5 basis points, quoted at 3.405%. Bank of Japan Governor Kazuo Ueda stated on Monday that the central bank will thoroughly discuss the possibility of raising interest rates at the upcoming meeting, which has boosted market expectations for a rate hike in the near term. The yield on 10-year government bonds remained flat at 1.875%. (Jin10)

PANews, December 2nd news, DeFiLlama data shows that the total lock-up value (TVL) of the DeFi ecosystem has declined from a peak of nearly $172 billion in early October 2025, dropping $57.7 billion to the current approximately $114.264 billion, a decrease of about 34%.