Hyperbot data shows that the whale "pension-usdt.eth" has closed all its 3x leveraged long positions in Bitcoin (1000 BTC), realizing a profit of approximately $1.258 million. It currently holds 3x leveraged long positions in Ethereum (30,000 ETH) at a liquidation price of approximately $1670, resulting in a weekly unrealized profit of approximately $3.077 million. This whale has a winning percentage of 89.29% on 25 of its 28 trades this month, with a net profit of approximately $14.73 million for the month.

Trader @smileycapital posted on the X platform that the biggest truth in the cryptocurrency space after 2021 is that, for the foreseeable future, most of the available risk-averse liquidity will continue to flow into the AI ​​and robotics sectors. This doesn't mean there are no opportunities in the crypto space, but the world is currently looking for technological advancements elsewhere.

According to ChainCatcher, F2Pool co-founder Wang Chun (@satofishi) commented on the widely discussed phishing attack involving 50 million USDT. He shared his experience on social media, revealing that last year he suspected his private key had been compromised. To verify if the address was indeed hacked, he transferred 500 Bitcoin to it. Surprisingly, the hacker took only 490 Bitcoin, leaving him with 10 Bitcoin, which was enough for his living expenses.

F2Pool co-founder Wang Chun responded to the "50 million USDT phishing attack" on the X platform, stating: "Last year, I suspected that my private key had been leaked. To confirm whether the address had really been stolen, I transferred 500 bitcoins to that address. To my surprise, the hacker 'generously' only took 490 bitcoins, leaving me with 10 bitcoins, enough for me to make a living."

According to BlockBeats, data released by KobeissiLetter indicates that U.S. margin debt surged by $30 billion in November, reaching a record $1.21 trillion. This marks the seventh consecutive month of increases, with a total rise of $364 billion over seven months, representing a 43% increase. Adjusted for inflation, margin debt grew by 2% month-over-month and 32% year-over-year, hitting an all-time high. The proportion of margin debt to the M2 money supply has climbed to approximately 5.5%, the highest since 2007. This ratio surpasses levels seen during the 2000 internet bubble, highlighting the extreme leverage in the U.S. investment market. Margin debt refers to the total amount investors borrow from brokers to purchase stocks or other securities, allowing them to amplify their investment size with less personal capital. While this can increase potential returns, it also heightens risk.

Bitwise has officially submitted a Form S-1 registration statement to the U. S. Securities and Exchange Commission, seeking approval to launch a spot SUI exchange-traded fund. The filing marks another step in the firm’s broader strategy to expand regulated ETF access beyond Bitcoin and Ethereum into emerging Layer-1 assets source: https://www.ethnews.com/bitwise-files-for-spot-sui-etf-as-altcoin-etf-race-intensifies/

A cryptocurrency trader has suffered a devastating loss of nearly $50 million after falling victim to a sophisticated address poisoning attack, marking one of the largest individual incidents of its kind to date. The attack highlights how even experienced users can be exploited through subtle wallet manipulation techniques. source: https://www.ethnews.com/trader-loses-nearly-50-million-in-one-of-the-largest-address-poisoning-attacks-on-record/

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.

null source: https://x.com/wublockchain/status/2002643081754259677

According to Cointelegraph, U.S. lawmakers have introduced a draft proposal aimed at reducing the tax burden on everyday cryptocurrency users. The proposal, presented by Representatives Max Miller of Ohio and Steven Horsford of Nevada, seeks to amend the Internal Revenue Code to accommodate the increasing use of digital assets in payments. The draft aims to exempt small stablecoin transactions from capital gains taxes and offers a new deferral option for staking and mining rewards. The draft specifies that users would not need to recognize gains or losses on stablecoin transactions up to $200, provided the asset is issued by a permitted issuer under the GENIUS Act, pegged to the US dollar, and maintains a stable trading range around $1. The bill includes safeguards to prevent misuse, such as excluding brokers or dealers from the benefit and retaining Treasury's authority to issue anti-abuse rules and reporting requirements. Beyond payment transactions, the proposal addresses concerns about "phantom income" from staking and mining. It allows taxpayers to defer income recognition on staking or mining rewards for up to five years, rather than being taxed immediately upon receipt. This provision is described as a compromise between immediate taxation upon dominion and control and full deferral until disposition. Additionally, the draft extends existing securities lending tax treatment to certain digital asset lending arrangements, applies wash sale rules to actively traded crypto assets, and permits traders and dealers to elect mark-to-market accounting for digital assets. In related developments, the Blockchain Association recently sent a letter to the US Senate Banking Committee, signed by over 125 crypto companies and industry groups. The letter opposes efforts to extend restrictions on stablecoin rewards to third-party platforms, arguing that such measures would stifle innovation and increase market concentration in favor of large incumbents. The group compared crypto rewards to incentives commonly offered by banks and credit card companies, warning that banning similar features for stablecoins would undermine fair competition.

According to BlockBeats, the crypto community expressed regret over Senator Cynthia Lummis's decision not to seek re-election next year, acknowledging her contributions to the industry. David Sacks, the White House's AI and crypto affairs director, described Lummis as a 'great ally in the crypto space.' Collin McCune, head of government affairs at a16z, stated that the crypto industry would not have reached its current level without Lummis's efforts in Congress. Bitcoin advocate and 'Coin Stories' host Greg Xethalis thanked Lummis for her service and efforts in advancing Bitcoin, wishing her well in her future endeavors. Lummis announced on Friday that she will not seek re-election next year. As the chair of the U.S. Senate Banking Subcommittee on Digital Assets, she introduced the Bitcoin Strategic Reserve Act and was a key proponent of the CLARITY Act (Crypto Market Structure Act) and the Responsible Financial Innovation Act. During the Biden administration, Lummis openly criticized former SEC Chairman Gary Gensler's punitive enforcement approach to cryptocurrency regulation.

This week, 24 blockchain startups secured funding, raising a total of $335.1 million. RedotPay raised $107 million in its Series B funding round, the largest funding round of the week.

主题包括Cryptomoney、TradFi、Chains、DeFi、AI、DePIN 以及消费级应用。

My career has witnessed the creation of three venture capital funds and one hedge fund from scratch.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2915, providing you with the latest and fastest news on the digital currency and blockchain industry.

Arthur Hayes: Once the market realizes that Reserve Management Purchases (RMP) are essentially the same as Quantitative Easing (QE), BTC will quickly rebound to $124,000 and rapidly challenge $200,000.

Crypto Market Trends, Market Conditions, Abandon Illusions – Prepare for the Most Arduous Moment in the Crypto Market. Golden Finance wishes you good luck.

On November 28, 2025, the People's Bank of China, together with thirteen other departments including the Ministry of Public Security, the Supreme People's Court, and the Supreme People's Procuratorate, convened a meeting of the "Coordination Mechanism for Combating Virtual Currency Trading and Speculation".

On October 27, 2025, Pan Gongsheng, Governor of the People's Bank of China, reiterated at the Financial Street Forum that the policies on preventing and dealing with the risks of virtual currency trading speculation since 2017 have remained effective.