U.S. Attorneys in Maryland have announced additional charges against cryptocurrency promoter Rodney Burton (known online as "Bitcoin Rodney") for allegedly participating in the promotion of the HyperFund (also known as HyperVerse) Ponzi scheme, which is estimated to be worth approximately $1.8 billion. The new indictment accuses him of multiple counts, including conspiracy to commit wire fraud, wire fraud, money laundering, and operating an illegal money transfer business. Prosecutors allege that between 2020 and 2024, Burton and others packaged HyperFund as a legitimate cryptocurrency investment platform, promising investors daily returns of 0.5%–1%, claiming that the returns came from large-scale cryptocurrency mining, but the mining operations did not exist. Starting in 2021, the platform began restricting user withdrawals. The indictment also alleges that Burton used investor funds to purchase luxury apartments, sports cars, and yachts. If convicted on all charges, Burton could face decades in federal prison. He remains in custody, and the trial is scheduled to begin next March. Previously, Sam Lee, another co-founder of HyperFund, had been indicted by the SEC but remains at large. (The Block)

The U.S. Securities and Exchange Commission (SEC) released guidance for investors on crypto wallets and asset custody on Friday, systematically outlining the advantages and risks of different crypto asset storage methods. The guidance compares self-custody and third-party custody models and reminds investors to carefully examine whether the custodian institution engages in asset rehypothecation and whether client assets are commingled when choosing a third-party custodian. The SEC also outlined the main differences between hot and cold wallets: hot wallets, being connected to the internet, face higher risks of hacking and cybersecurity; while cold wallets reduce the risk of online attacks, damage to storage devices, theft, or loss of private keys can lead to permanent asset loss. Market analysts believe this guidance indicates a significant shift in the SEC's regulatory stance towards the crypto industry. The previous day, SEC Chairman Paul Atkins stated that the traditional financial system is accelerating its migration to on-chain, and the SEC has approved the DTCC to explore tokenization of assets such as stocks, ETFs, and government bonds. (Cointelegraph)

According to OnchainLens monitoring, a newly created wallet address withdrew 23,637 ETH from Kraken, worth approximately $73.4 million. On-chain data shows that the address's behavior is similar to that of the Ethereum treasury company BitMine, suggesting it may be an associated wallet.

Laura Katherine Mann, a partner at the international law firm White & Case, stated that 2025 was a "test year" for crypto IPOs, while 2026 will be the crucial year to determine the long-term sustainability of digital asset IPOs. She pointed out that the market will judge whether crypto IPOs represent a "sustainable asset class" or are merely cyclical transactions that only work during bull markets. Mann noted that several crypto companies went public in 2025, including stablecoin issuers Circle, Bullish, and Gemini. Looking ahead to 2026, potential IPO candidates include Upbit, FalconX, Chainalysis, and Grayscale, which has already filed for listing. She believes that although the crypto market as a whole has recovered significantly from the bull-bear cycle of 2021, high volatility remains a key concern for traditional capital markets, as it directly impacts corporate revenue stability, user activity, and valuation levels. Meanwhile, institutionalization is strengthening, but investors' risk appetite is becoming more cautious. Structurally, Mann predicts that 2026 crypto IPOs will shift from "Bitcoin Treasury (DAT) companies" to more financial infrastructure-oriented businesses, including regulated exchanges and brokers, infrastructure and custody service providers, and stablecoin payment and fund management platforms. She also cautions that valuation discipline has returned, and the macroeconomic environment and market sentiment could still rapidly tighten the IPO window. Only crypto companies with a compliant foundation, a sustainable business model, and a clear equity narrative will have a chance of successfully listing on the public market in 2026. (coindesk)

A Ripple executive has explained XRP vision amid growing demand to use XRP across a wider crypto ecosystem and institutions. source: https://u.today/ripple-executive-explains-xrp-vision-at-solana-event-details

The SEC published “Crypto Asset Custody Basics,” outlining risks, safeguards, and key considerations for U. S. retail investors holding digital assets. The post SEC Releases “Crypto Asset Custody Basics” Guide for U. S. source: https://btcusa.com/sec-releases-crypto-asset-custody-basics-guide-for-u-s-retail-investors/

null source: https://x.com/cryptonwsuk/status/1999989637331206601

ADNOC now accepts AE Coin stablecoin payments at 980 regional service stations, expanding real-world crypto adoption across the UAE, Saudi Arabia, and Egypt. source: https://btcusa.com/adnoc-begins-accepting-ae-coin-stablecoin-payments-across-980-service-stations-in-the-uae-saudi-arabia-and-egypt/

عانى Pi Coin منذ أواخر نوفمبر. بعد أن بلغ ذروته قرب نهاية الشهر، انخفض السعر بحوالي 28٪، مما ألغى معظم مكاسبه السابقة. خلال الأيام السبعة الماضية فقط، انخفضت Pi Coin بحوالي 8. 6٪، وخلال الأشهر الثلاثة الماضية، تجاوزت الخسائر الآن 40٪ source: https://ar.beincrypto.com/pi-coin-price-analysis-rebound-hints/

Pi Coin has struggled since late November. After peaking near the end of the month, the price has dropped roughly 28%, erasing most of its earlier gains. Over the past seven days alone, Pi Coin is down about 8. 6%, and over the past three months, losses now exceed 40% source: https://beincrypto.com/pi-coin-price-analysis-rebound-hints/

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.

BTC, Technology, When Issuing Cryptocurrencies Becomes an Assembly Line, Someone Is Paying Salaries to Bitcoin Developers - Jinse Finance, People Paying Salaries to the Bitcoin "Operating System".

Some of the best-performing "altcoins" in this cycle aren't even tokens—they're crypto-asset-related stocks. Robinhood is undoubtedly the one with the most dramatic rise.

A financial tycoon sold his Nvidia shares too early, reflecting on valuation and personnel, missing out on the AI ​​wave, and realizing the true meaning of long-term holding.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2907, providing you with the latest and fastest news on the digital currency and blockchain industry.

Remittances have always been reliable and fast across the Atlantic. This may be one reason why Americans are happy to accept "stablecoins" as an alternative to the banking system.

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.