Moody's chief economist warned that while multiple interest rate cuts are possible in 2026, this is not a sign of prosperity, but rather a sign that the economy is caught in a "fragile equilibrium." This unusual combination points to a gradual, cautious interest rate path rather than an aggressive rate-cutting cycle. Data from the U.S. Bureau of Labor Statistics (BLS) shows that only 64,000 jobs were added in November 2025, with the agency noting that the "net change" in employment figures since April has been "minimal." (Jinshi)

Chain detective ZachXBT posted on the X platform that an account claiming to be a victim of a hacking attack has appeared in the community but is actually a scammer. This account attracts attention by posing as a woman and falsely claiming to be a victim of the Trust Wallet hack. The account exhibits several suspicious behaviors: changing its username 44 times, participating in multiple memecoin scams, and having only posted 234 messages since its creation in 2023. Furthermore, ZachXBT has been pre-blocked.

According to BlockBeats, data from Coinglass indicates that the funding rates on major centralized and decentralized exchanges have shifted, signaling a bearish market sentiment. The funding rates for key cryptocurrencies are detailed in the accompanying chart. Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of the underlying assets, typically applied to perpetual contracts. This mechanism facilitates the exchange of funds between long and short traders, without the trading platform collecting these fees. The purpose is to adjust the cost or profit of holding contracts, ensuring that contract prices remain close to the underlying asset prices. A funding rate of 0.01% is considered the baseline rate. When the funding rate exceeds 0.01%, it indicates a generally bullish market sentiment. Conversely, when the funding rate falls below 0.005%, it suggests a bearish market outlook.

1. Most crypto markets declined, with the NFT sector falling over 7%, while only the AI ​​and SocialFi sectors remained relatively resilient; 2. PeckShield: The TrustWallet hack has resulted in the theft of over $6 million, of which over $4 million has been transferred to exchanges; 3. SlowMist CISO: The devices or code repositories of Trust Wallet developers may have been compromised by attackers; 4. Uniswap's "proposal to activate fee switches" has been approved, and the v2 and v3 fee switches will be activated on Unichain; 5. A whale that had been dormant for 3 years withdrew 181 BTC, worth $15.8 million, from Binance; 6. Data: Last month's prediction market trading volume exceeded $13 billion, setting a new record; 7. CZ: Trust Wallet will fully cover the $7 million loss caused by the hack; 8. Lithuania will strictly investigate unlicensed crypto companies starting January 1, 2026; 9. Upbit will launch YB spot trading; 10. Machi Dage's account turned a profit this week, with contract profits returning to positive territory.

null source: https://x.com/BSCNews/status/2004420668264415244

null source: https://x.com/CryptoNewsXBT/status/2004418898066919452

null source: https://x.com/cointelegraph/status/2004417037322314104

null source: https://x.com/CoinMarketCal/status/2004416887581487567

Ethereum names its post-Glamsterdam upgrade "Hegota," shaping the 2026 roadmap with planned improvements for scalability, statelessness, and protocol optimization. source: https://catenaa.com/markets/cryptocurrencies/ethereum-developers-name-post-glamsterdam-upgrade-hegota-for-2026/

Dogecoin's official X account playfully invoked a "naughty list" on Christmas Day, December 25, calling out businesses that still don't accept DOGE payments. source: https://www.benzinga.com/crypto/cryptocurrency/25/12/49590639/dogecoin-account-wants-you-to-tag-naughty-businesses-that-wont-take-the-good-boy-will-tesla-mcdonalds-make-it-to-the-nice-list-next-christmas?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=referral

Trust Wallet confirmed a security incident affecting version 2.68 of its Chrome extension after users reported unauthorised wallet drains following a recent update. The company told users to disable the extension and upgrade immediately, saying its mobile app and other versions were not affected while the investigation continues.

Kyrgyzstan has taken another step toward embedding digital assets into its financial system after cryptocurrency exchange Binance listed the country’s first som-pegged stablecoin, a move that signals growing state-level confidence in blockchain-based payments and infrastructure.

A 23-year-old Brooklyn resident, Ronald Spektor, stands accused of orchestrating a sophisticated phishing scheme that drained $16 million from Coinbase users. Prosecutors say Spektor, using the online alias “lolimfeelingevil,” targeted unsuspecting victims by posing as an official Coinbase support agent, warning them that their crypto holdings were at risk of theft.

A Brazilian music project will turn real-time Bitcoin price changes into live orchestral performances using an algorithm to guide the instruments. The initiative has received government approval and funding through Brazil’s tax incentive programme to bring the concept to life in Brasília.

Ethena’s synthetic stablecoin USDe has suffered a sharp contraction since the Oct. 10 market crash, with roughly $8.3 billion exiting the protocol as investors reassessed the risks tied to leveraged and synthetic-backed designs.

Seven companies ran fake crypto platforms and WhatsApp investment clubs, tricking US investors out of over $14 million with false trading claims and AI-driven tips. Victims were pressured to pay extra fees to withdraw funds, and the stolen money was sent through overseas bank accounts and crypto wallets.

A South Korean man’s attempt to secure a lighter punishment for laundering funds through cryptocurrency has backfired dramatically, with an appeals court overturning his suspended sentence and sending him to prison for four years.

Trump Media & Technology Group bought 451 more Bitcoin, bringing its total holdings to 11,542 coins worth over $1 billion. The company is using Bitcoin as a long-term reserve and is expanding into crypto investments and related financial services.

Justin Sun has lost around $60 million after World Liberty Financial blacklisted his wallet, freezing his WLFI tokens following a $9 million transfer. The freeze has left him unable to access or trade his holdings, while the token’s price has dropped over 40% since September.

Web 3.0, Payments: From Beginning to Abandonment - Why I Stopped Doing Web3 Payments. Golden Finance: Remove the filters and see the true nature of payments.