The European Union has fined social media platform X 120 million euros for violating the Digital Services Act, involving issues such as blue check verification, advertising transparency, and data access. X has been given 60 days to provide a solution and 90 days to implement the necessary changes.

Genius Group purchased 42 Bitcoins in November 2025, increasing its treasury to 180 Bitcoins, with an average Bitcoin cost of $89,700, and made a profit of $1 million from the transaction. Previously, its reserves had decreased to 138 Bitcoins due to the sale of 62 Bitcoins.

BlockBeats News, December 5 — Today, seven associations including the National Internet Finance Association of China jointly issued a “Risk Warning on Preventing Illegal Activities Involving Virtual Currencies and Other Related Matters.” According to the warning, virtual currencies cannot be used as currency for circulation and use within China, and China’s financial regulatory authorities have not approved any activities related to the tokenization of real-world assets. Relevant institutions are prohibited from conducting any business related to virtual currencies or the tokenization of real-world assets. Previously, on April 13, 2022, the National Internet Finance Association of China had jointly issued an “Initiative on Preventing Financial Risks Related to NFTs,” resolutely curbing the trend of financialization and securitization of NFTs, strictly preventing the risks of illegal financial activities, and consciously adhering to codes of conduct. The joint initiative called on member units not to directly or indirectly invest in NFTs and not to provide financing support for NFT investments. It also prohibited the weakening of NFT attributes by means such as splitting ownership or batch creation.

ChainCatcher 消息，据 CertiK Alert 监测，USPD 合约遭到攻击事件损失约 100 万美元。攻击者通过操控存储数据实施攻击，整个攻击过程历时 2 个月。据分析，攻击分为两个阶段：攻击者抢先执行合法初始化交易，向 USPD 稳定器添加恶意中间代理；攻击者通过恶意代理为其合约授予特权角色，并在 78 天后利用该特权实施攻击。

Bubblemaps has revealed the identity of the WET sniper, stating that "Ramarxyz" controls 70% of HumidiFi tokens and is involved in refunds. The investigation found that out of 1,530 addresses, 1,100 are linked to the same entity. This sniper masked their tracks by using new wallets, with each address receiving 1,000 USDC before the presale.

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."

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。