If more companies adopt this model, membership points will evolve into something more useful than the useless points we've always accepted.

When volatility sets in, only two things matter for stablecoins: whether they can be redeemed and how quickly.

"Pudgy Penguins (PENGU) has recently faced a significant setback, encountering a rejection at a crucial resistance level, which has resulted in a noticeable decline in its capital investment. In this analysis, we will delve into the implications of these developments and explore what the charts are indicating about the future trajectory of the Pudgy Penguins project, including potential market trends and investor sentiment." source: https://blocknews.com/pudgy-penguins-pengu-rejected-at-key-resistance-and-bleeds-capital-here-is-what-the-charts-are-signaling/

Major European operation targets bitcoin mixer: €25 million in BTC seized and servers shut down. source: https://atlas21.com/europol-dismantles-cryptomixer-e25-million-and-12tb-of-data-seized/?utm_source=rss&utm_medium=rss&utm_campaign=europol-dismantles-cryptomixer-e25-million-and-12tb-of-data-seized

According to PANews, Polish President Karol Nawrocki has declined to sign a bill aimed at imposing stringent regulations on the cryptocurrency market, a decision that has garnered praise from the crypto community but sharp criticism from government officials. In a statement released by the presidential office on Monday, Nawrocki vetoed Poland's Crypto Asset Market Bill, citing concerns that its provisions pose a tangible threat to the freedom, property, and national stability of Polish citizens. One of the primary reasons for the veto was the bill's allowance for authorities to easily block cryptocurrency market operation websites, with the presidential office noting that the legal framework for domain blocking is opaque and could lead to abuse. Additionally, the bill has been criticized for its length and complexity, which detracts from transparency and leads to "over-regulation," contrasting sharply with the simpler regulatory frameworks of countries like the Czech Republic. Nawrocki also emphasized that high regulatory costs could stifle startups, benefiting foreign companies and banks instead. The bill was introduced in June and faced criticism from industry insiders, including Polish politician Tomasz Mentzen, who anticipated the president's refusal to sign it after parliamentary approval. Cryptocurrency advocates view the veto as a victory for the market, while several government officials have condemned the decision, accusing the president of choosing chaos and holding him accountable for the consequences.

According to ChainCatcher, Wintermute's market report indicates that expectations of a rate hike by the Japanese central bank have completely erased last week's stability, leading to widespread deleveraging. The market structure has been reset, with leverage significantly reduced, liquidity returning to neutral, and spot market participation notably increasing. Currently, everything is trading according to macroeconomic logic, but major currency pairs appear less fragile. From a market structure perspective, conditions are actually improving. The basis has fallen to a cyclical low, with Bitcoin's 90-day annualized basis close to 4% to 5% and Ethereum near 3% to 4%, reflecting a continued increase in leveraged long positions. The total open interest in perpetual contracts has decreased from approximately $230 billion at the beginning of October to about $135 billion now, clearing a substantial amount of excess leverage and reducing the likelihood of further mechanical liquidations. The proportion of spot trading volume has increased, and considering the impact of the Thanksgiving holiday, the depth of spot supply is better than expected. Lower leverage, negative financing, and healthier spot participation are typically needed before the market restructures again after macroeconomic stabilization.

Binance Blockchain Week 2025 returns on December 3–4, 2025, with its most ambitious edition yet, hosted at Dubai’s Coca-Cola Arena. Positioned in one of the world’s fastest-growing digital asset hubs, this year’s conference is set to deliver high-impact keynotes, macro insights, Web3 innovation showcases, and institution-level panels.This guide covers the event location, ticket details, agenda structure, and the major updates that make BBW 2025 stand out.Location: Coca-Cola Arena, DubaiVenue: Coca-Cola Arena, City Walk, Dubai, UAEDates: December 3–4, 2025The Coca-Cola Arena is a landmark venue in Dubai, known for hosting global conferences, concerts, and large-scale productions. For Binance Blockchain Week, this venue signals a significant expansion in scope, scale, and audience capacity.Dubai remains a strategic choice due to its fast-developing regulatory landscape, led by VARA, and its emergence as a global center for blockchain innovation, crypto investment, and digital asset regulation.TicketsTickets are available via the official Binance Blockchain Week website. Expected ticket categories include:Standard PassFull access to main-stage sessionsExhibition areasGeneral networking zonesVIP PassVIP seatingPrivate networking loungesPriority access to select speaker interactionsBuilder / Developer PassTechnical workshopsDeveloper-focused tracksAccess to ecosystem partners such as BNB Chain, Solana, Polygon, TON, and othersEarly-bird passes historically sell out quickly, particularly once headline speakers are announced.What’s New at Binance Blockchain Week 20251. Arena-Scale Production2025 marks the first BBW hosted inside a premier global entertainment arena. This expands the event’s capacity and elevates its production quality to match major global tech conferences.2. Strong Institutional PresenceSpeakers from BlackRock, Citi Institute, Ripple, TON Foundation, and global regulatory bodies indicate a shift toward deeper institutional engagement and policy-focused discussions.3. AI and Crypto ConvergenceDedicated panels will explore AI-driven:trading modelson-chain data analyticsfraud detectionwallet intelligenceautomated economic agentsThis reflects one of the industry's most significant emerging trends.4. New Builder and Founder ShowcasesFeaturing teams from Polygon, Solayer, YZ1 Labs, Trust Wallet, BNB Chain, and early-stage ecosystems, the event will highlight product innovation, infrastructure upgrades, and next-generation Web3 use cases.5. High-Profile Debates and Fireside SessionsOne of the most notable:Peter Schiff vs. CZ in “Bitcoin vs. Tokenized Gold.”This headline session will examine competing visions for the future of digital stores of value.Day 1 Highlights – December 3, 2025Richard Teng (CEO, Binance) – Opening VisionH.E. Omar Sultan Al Olama – The UAE’s Digital Economy StrategyMichael Saylor – The Case for BitcoinTony Ashraf (BlackRock) & Ronit Ghose (Citi Institute) – Client Asset AllocationPierre Gasly & Rachel Conlan – Drive Your Own RaceBrad Garlinghouse (Ripple) & Lily Liu (Solana) – The Path AheadAlice Liu (CoinMarketCap) & Yi He (Binance) – Community and AdoptionEowyn Chen (Trust Wallet) – The Future of Web3 WalletsPeter Schiff vs. CZ – Bitcoin vs. Tokenized GoldDay 2 Highlights – December 4, 2025Raoul Pal (Real Vision) – The Alpha Thesis for 2026Chef Kids (PancakeSwap) & Opinion Research Lead – Future of Onchain MarketsKeith Kim (Nexpace) – MapleStory’s Web3 EvolutionHashed & Celo – On-Chain Finance and Stable PaymentsBio Protocol & Apeiron – AI, Biotech, and CryptoTom Lee (Bitmine) – Ethereum’s Market RoleStablecoin and Digital Dollar PanelsEmerging Builders ShowcaseClosing Keynote by Yi He

South Korea’s government must submit a plan for a unified stablecoin framework by 10 December 2025, or lawmakers may push their own bill. Banks and regulators disagree over control, while private firms are already developing stablecoin projects amid the uncertainty.

Distributed Lab's zero-knowledge Secret Santa protocol demonstrates how Ethereum can execute private transactions without revealing participant identities, marking progress toward enterprise-grade privacy as regulatory frameworks tighten globally. source: https://cryptonews.com/news/ethereums-privacy-upgrade-hides-transaction-details-like-secret-santa-game/

Key takeaways BTC is trading below $87k, down by less than 1% in the last 24 hours. The leading cryptocurrency could retest the $93k resistance level in the near term. Bitcoin’s $83k support holds Bitcoin briefly dropped below $84k on Tuesday but has bounced back and is now trading above $86k per coin source: https://coinjournal.net/news/bitcoin-price-forecast-btc-eyes-93k-as-83k-support-holds/

Nvidia has unveiled new tools and open model development for physical and digital AI, including Nvidia Drive Alpamayo-R1 for autonomous driving. source: https://www.cryptopolitan.com/nvidia-advances-physical-and-digital-ai/

According to BlockBeats, Telegram founder Pavel Durov announced the official launch of Cocoon, a decentralized privacy computing network. Cocoon is composed of three main components: clients, proxies, and work nodes. Clients initiate work requests to proxies and pay fees upon completion. Proxies route these requests to work nodes, selecting nodes based on device model, load, and reputation. Protected by TEE, proxies pay nodes from client fees, with nodes earning commissions. Telegram plans to allow anyone to run their own proxy, aiming for complete decentralization. Work nodes execute AI inference requests within TEE-protected virtual machines and receive payment from proxies. Anyone with a GPU can become a work node and earn $TON by contributing AI computing power to the decentralized network. By running the Cocoon protocol stack on TEE-supported GPU servers, private and verifiable AI model execution is possible, with transparent $TON payments for processed requests. Durov noted that some AI-related Telegram features, such as message translation, are partially supported by Cocoon. He mentioned voice-to-text and summarization features, indicating Cocoon's practical applications from the start. Telegram mini-programs are expected to increase demand for Cocoon's network. Unlike previous Telegram NFT projects, Cocoon integrates blockchain and $TON as a payment method, focusing on decentralized AI computing without issuing new tokens. This reflects a growing trend of privacy concerns regarding centralized AI companies. In the crypto space, privacy projects increasingly emphasize "data sovereignty protection." Currently, Cocoon's total TVL is approximately 4487 TON, with 30 work nodes, 18 proxies, and 12 clients, indicating early-stage development. Supported by Telegram's built-in functionality and TON incentives, Cocoon's future trajectory remains to be seen, as it seeks to differentiate itself from other crypto computing projects.

암호화폐 시장에서 수익 창출과 출금 기능은 기본적인 기대사항이어야 하지만, 많은 거래소들이 이를 제대로 제공하지 못하고 있습니다. 최근 한 줌엑스(Zoomex) 사용자의 경험은 이러한 관행에 도전장을 내밀었으며, 그의 이야기는 공유할 가치가 있습니다. 이 사용자는 선물 거래를 활용해 암호화폐 시장에서 28만달러의 수익을 만들었습니다. 하지만 이 자금의 출금을 준비하면서 불안감이 자연스럽게 밀려왔죠 source: https://kr.beincrypto.com/%ea%b1%b1%ec%a0%95%ec%97%90%ec%84%9c-%ec%95%88%eb%8f%84%eb%a1%9c-zoomex-%ec%82%ac%ec%9a%a9%ec%9e%90%ec%9d%98-28%eb%a7%8c-%eb%8b%ac%eb%9f%ac-%ec%b6%9c%ea%b8%88-%ec%84%b1%ea%b3%b5-%eb%b9%84%ed%95%98/

What's truly worth paying attention to isn't which cryptocurrency pair will surge, but rather how funds flow and how sentiment is being restructured.

In 2015, Ethereum identified decentralization, censorship resistance, and trustlessness as its ultimate values.

Japan set up a new office to review old tax breaks and subsidies as debt and public concern grow. Ministers agreed to check which schemes still work and plan changes for the 2027 budget.

Grayscale: There are signs that Bitcoin and other crypto assets may have bottomed out. Despite the uncertain outlook, we believe the four-year cycle theory will prove wrong, and Bitcoin prices may reach new highs next year.

Even if everyone says they shouldn't exist, why do local stablecoins still exist?

If Hassett is ultimately nominated as the next Federal Reserve Chairman, it will be because he meets Trump's two core criteria: loyalty and market credibility. However, this potential candidate has also raised doubts about his ability to maintain the central bank's independence under political pressure.

Currently, only artificial intelligence is still driving GDP growth; other aspects such as the labor market, households, affordability, and asset acquisition are all declining. Everyone is waiting for a "cycle reversal," but there is no cycle at all.