Crypto KOLs like Morsy published an article on the X platform disclosing serious clustering behavior in Cysic TGE. A large number of token-holding addresses were created just three days prior, and 12-20% of CYS tokens were manipulated, with some already sent to CEXs, ultimately leading to poor community distribution. Participants in the pre-sale and other contributors either suffered losses or failed to receive the promised rewards. Furthermore, the company's products were found to contain substandard components; some mining rigs contained chips from recycled Antminer L7 miners.

The exposed cases are always in the minority. No matter what slogans exchanges shout, the inherent characteristics of blockchain technology determine that it will provide convenient conditions for insider traders.

According to ChainCatcher, on-chain data analyst Murphy has reported that Bitcoin options with a nominal value of approximately $23.8 billion are set to expire on December 26. This includes quarterly options, annual options, and a significant number of structured products. The expiration is expected to lead to a 'concentrated clearing and repricing of risk exposure' in the BTC derivatives market at the end of the year. While prices may be structurally constrained before expiration, uncertainty is likely to increase afterward. Data indicates that there is a substantial accumulation of open interest (OI) near the current BTC spot price at two key positions: a put option at $85,000 with 14,674 BTC and a call option at $100,000 with 18,116 BTC. This activity is not typical of retail investors but rather large-scale, long-term funds, likely including ETF hedging positions, BTC treasury companies, and large family offices that hold significant amounts of BTC. The put option at the $85,000 strike price reflects a strong demand for downside risk hedging at this level, with buyers taking the initiative. Similarly, the large accumulation of call OI at the $100,000 strike price does not necessarily indicate market optimism but rather shows that long-term funds are willing to forgo potential upside beyond this level in exchange for current cash flow and controlled risk. By purchasing lower puts and selling higher calls, BTC's return distribution is compressed into a manageable range. With OI already highly developed, this options corridor between $85,000 and $100,000 is expected to exert a structural influence on BTC prices, creating 'implicit suppression above, passive buffering below, and fluctuating within the middle range' before December 26.

Alternative data shows that the cryptocurrency fear and greed index dropped to 21 today (from 23 yesterday), indicating that the market remains in a state of "extreme fear". Note: The fear index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market volume (25%) + social media buzz (15%) + market surveys (15%) + Bitcoin's share of the overall market (10%) + Google trending topics (10%).

Venezuela has continued to see a rise in stablecoin adoption and usage as the country's economic instability continues to worsen. source: https://www.cryptopolitan.com/venezuela-records-rise-in-stablecoin-usage/

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, mining information, project updates, technological advancements, and other industry dynamics.

China promotes digital RMB while maintaining a ban on stablecoins amid global crypto policy changes. source: https://coincu.com/news/china-digital-rmb-crypto-legislation/

That change in tone, more than the details themselves, marks a meaningful inflection point in the agency’s relationship with the […] The post SEC Stuns Crypto Community With Investor-Friendly Guidance appeared first on Coindoo. source: https://coindoo.com/sec-stuns-crypto-community-with-investor-friendly-guidance/

According to ChainCatcher, a report by KB Financial Group titled '2025 South Korea Wealth Report' reveals significant growth in the country's high-net-worth individuals. The report, based on data from ETNews, analyzes individuals with financial assets and real estate exceeding 1 billion Korean won. It indicates that the number of high-net-worth individuals in South Korea is increasing at an annual rate of 9.7%, rising from 130,000 in 2011 to an estimated 476,000 by 2025. The total financial assets of these individuals are also growing at an average annual rate of 7.2%, expanding from 1,158 trillion won in 2011 to 3,066 trillion won by 2025. This year marks the first time their financial assets have surpassed the 3,000 trillion won threshold. The report also highlights a shift in asset composition among South Korea's wealthy. While the proportion of real estate assets has decreased, there is an increase in the share of physical assets such as gold and jewelry, as well as crypto assets.

Paxos has posted one of the strongest growth runs in its history, with the total market cap of assets issued across its ecosystem soaring from $1 billion to $6. 6 billion since the start of 2025. The latest data from Token Terminal highlights a rapid expansion driven by rising demand for regulated stablecoins and tokenized assets […] The post Paxos Hits $6 source: https://www.ethnews.com/paxos-hits-6-6b-in-issued-assets-as-institutional-demand-accelerates/

In his article, "Grasp the Essence, Embrace Innovation, and Effectively Accelerate the Development of the Digital RMB," Wang Yongli, former vice president of the Bank of China, points out that China's policy orientation of firmly promoting the development of the digital RMB and resolutely curbing virtual currencies is fully clear. This policy orientation has exceeded the strong expectations of many and is still subject to considerable social controversy. Therefore, it is necessary to explain the reasons for resolutely curbing virtual currencies, while simultaneously accelerating the innovative development and widespread application of the digital RMB both domestically and internationally, quickly establishing its unique advantages in international payments, and forging a successful Chinese path for the development of digital currencies.

According to Odaily, Charlie Noyes, a general partner at the crypto venture capital firm Paradigm, announced on the X platform that he has resigned from his position. Despite stepping down, Noyes will continue to work alongside Paradigm founder Matt Huang as a board observer for Kalshi. He will also support Paradigm's portfolio companies and their founders. Noyes joined Paradigm at the age of 19 as its first employee and was promoted to general partner in February of this year.

Financial System, Gold, Silver Crisis—When the Paper System Begins to Fail: When the music stops, only those with real gold and silver can sit comfortably.

Once attention forms a measurable and distributable structure on the blockchain, it has the foundation to be transformed into assets.

This week, 24 blockchain startups completed funding rounds, raising a total of $191.3 million.

Regulation, SEC, Law, A New Stage of Regulatory Game: Understanding the Impact of SEC Innovation Exemptions on the Global Crypto Industry (Jinse Finance) - In an era of regulatory race, where will capital and innovation flow?

Most teams simply use narrative hype without giving the underlying systems and actual developers the recognition they deserve.

Finally, building appchains makes sense.

On December 1, 2025, a major news broke: according to the Hong Kong Stock Exchange, HashKey, as one of the first batch of licensed virtual asset service providers (VATP) in Hong Kong, officially passed the listing hearing of the Hong Kong Stock Exchange.

Ethereum is shifting towards L1 scaling and privacy, and the US stock market's back-end engine, DTCC, with its $100 trillion holdings, is beginning to migrate on-chain, seemingly signaling the arrival of a promising new wave in crypto.