The AI ​​bubble has become the only pillar supporting the US macroeconomy, essentially the last line of defense on the balance sheets of the wealthy.

According to Onchain Lens monitoring, "1011 Insider Whale" is currently facing a floating loss of more than $50 million, and its total profit has dropped from $119.6 million to $50.47 million.

According to ChainCatcher, Russia's largest bank, Sberbank, is testing various decentralized finance (DeFi) products to meet the growing demand for cryptocurrency transactions among its customers. Anatoly Popov, the bank's Deputy Chairman of the Management Board, stated that Sberbank plans to collaborate with regulators to develop digital asset products, anticipating a convergence between traditional banking and DeFi. Despite the Russian central bank's previous cautious stance on cryptocurrencies, its position has softened due to the expansion of Russia's Bitcoin mining industry and the increasing use of cryptocurrencies for cross-border settlements. Sberbank has also expressed interest in public blockchains like Ethereum, with plans to explore asset tokenization and connections with DeFi platforms. The bank has a market value of approximately $83 billion, serving around 109 million retail customers and over 3 million corporate clients.

According to ChainCatcher, security researchers at ReversingLabs have identified malicious software packages targeting the popular Python Bitcoin wallet library, bitcoinlib. These packages, named 'bitcoinlibdbfix' and 'bitcoinlib - dev,' were designed to disguise themselves as solutions to error messages encountered during Bitcoin transactions, with the intent to overwrite legitimate commands and steal sensitive database files. The malicious developers also participated in discussions on GitHub, advocating for the use of their libraries. However, other developers correctly identified the scheme as fraudulent. The two packages have since been removed and are no longer available for download, eliminating the risk they posed to developers.

Japanese financial group SBI Holdings and Web3 infrastructure company Startale Group have signed a Memorandum of Understanding (MoU) to develop a fully regulated yen-denominated stablecoin targeting the tokenized asset market and global settlement. According to the MoU, the project will be issued and redeemed by Shinsei Trust & Banking, a wholly-owned subsidiary of SBI Shinsei Bank, while circulation will be supported by licensed crypto asset trading service provider SBI VC Trade. Yoshitaka Kitao, Representative Director, Chairman, and President of SBI Holdings, stated that the issuance of the yen-denominated stablecoin with Startale will form the basis for Japan's transition to a token economy. The stablecoin is expected to launch in the second quarter of 2026, with the exact timing depending on regulatory approvals and the completion of the compliance framework. This move comes as Japan accelerates stablecoin issuance under a clear regulatory framework, placing trust banks and licensed entities at the center of on-chain settlement infrastructure.

Bitcoin risks a further drop toward the $70,000 area if the Bank of Japan follows through with an expected interest-rate rise on Dec. 19, analysts focused on macro forces warned. Related Reading: Analyst: Bitcoin’s Cycle Is Intact, Yet No Longer Purely Market-Driven According to multiple macro-focused voices, the move could sap global liquidity and put fresh downward pressure on risk assets, with some traders already bracing for a sharp pullback. Japan’s policy shift matters because higher rates tend to strengthen the yen and raise the cost of borrowing source: https://www.newsbtc.com/news/bitcoin/bitcoin-could-drop-to-70k-as-bank-of-japan-rate-move-approaches-analysts/

Due to ongoing negotiations between Senate Republicans and Democrats, voting on the cryptocurrency bill has been moved to 2026. For weeks, the Senate Republicans and Democrats have been debating on what rules to implement in the incoming crypto legislation. The negotiations are being held up due to certain ethics provisions that the democrats are pushing […] source: https://www.cryptopolitan.com/senate-will-not-vote-on-crypto-bill/

Britain’s main financial watchdog rolled out plans Tuesday to regulate certain areas of the crypto industry for the first time. The measures cover everything from listing rules to stopping people from trading on inside information. The Financial Conduct Authority released its plans just one day after lawmakers introduced draft laws targeting crypto businesses. The move […] source: https://www.cryptopolitan.com/uk-egulating-crypto-asset-companies/

According to Foresight News, U.S. President Donald Trump has acknowledged the case of Samourai Wallet developer Keonne Rodriguez and stated he will "consider" granting a pardon. Trump has also instructed Attorney General Pam Bondi to investigate the related request. Previously, Keonne Rodriguez was sentenced to five years in federal prison by the U.S. Department of Justice for illegal money transmission activities linked to the development of Samourai Wallet. Rodriguez is scheduled to begin his sentence this Friday.

Nasdaq plans to extend trading hours to 24/7, pending SEC filing. source: https://coincu.com/news/nasdaq-considers-24-7-trading/

According to PANews, Zodia Custody, a digital asset custody firm backed by Standard Chartered, has received a Markets in Crypto-Assets (MiCA) license from the Luxembourg Financial Sector Supervisory Commission. This license enables its European branch to offer regulated custody services across all EU member states. To support its business expansion, Zodia Custody has strengthened its local leadership team by appointing Daniel Soriano as the authorized manager of the Luxembourg office, working alongside Managing Director Ami Nagata.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2910, providing you with the latest and fastest news on the digital currency and blockchain industry.

Agentic commerce is the establishment of a completely new economic order dominated by machines. It is not as simple as "AI automatically placing orders," but rather a reconstruction of an entire cross-entity chain.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

In places where fiat currencies have collapsed, stablecoins have become Argentinians' "dollar wallets," and crypto payments and on-chain assets are essential for survival and wealth appreciation.

Recommended reading tonight: 1. Tether's empire, which earned a staggering $15 billion a year, is more than just buying up Juventus; 2. The US SEC teaches you how to custody your crypto assets; 3. The OCC approves "risk-free" crypto transactions for banks—what's next?

When a container ship fully loaded with cargo is moving faster than its ownership documents are being transferred, it means something is fundamentally broken.

Why were the predictions so consistent at the beginning of the year? Why were almost all the mainstream institutions wrong?

Japan’s central bank is starting to sell over $500 billion in ETFs very slowly to avoid upsetting markets. The move is part of a long-term plan to reduce intervention and manage risk as the economy and stock market recover.

Netflix is leaning into one of crypto’s most familiar anxieties with One Attempt Remaining, a new comedy centered on a divorced couple racing against time to recover access to a forgotten cryptocurrency wallet that has since grown to be worth millions.