South Korea is preparing to introduce one of its toughest digital-asset regulatory updates yet, as lawmakers push to impose bank-grade “no-fault” liability standards on cryptocurrency exchanges. The shift follows the November 27, 2025 Upbit hack, where attackers stole an estimated $30–37 million in Solana-based tokens. source: https://www.ethnews.com/south-korea-moves-toward-bank-level-liability-for-crypto-exchanges-after-upbit-hack/

According to PANews, digital asset treasury (DAT) companies listed in the United States and Canada have seen their stock prices drop by a median of 43% this year, contrasting with Bitcoin's approximate 6% decline since the beginning of the year. SharpLink, an Ethereum treasury company, has experienced an 86% decrease in its stock value from its peak, with its market capitalization now lower than the value of its digital token holdings. The company's stock is currently valued at about 0.9 times its Ethereum holdings. SharpLink previously shifted from its gaming business to issuing stock and purchasing Ethereum, causing its stock to surge over 2600% within days. However, compared to Greenlane, SharpLink remains relatively fortunate; Greenlane's stock has plummeted over 99% this year despite holding approximately $48 million in BERA crypto tokens. Additionally, Alt5 Sigma, a DAT company once supported by U.S. President Donald Trump's two sons, has seen its stock fall about 86% since its peak in June. Some DAT companies have managed to maintain a market capitalization above their underlying holdings' value, but most investors who bought near peak levels have incurred losses, with 70% of company stocks likely to end the year below their initial levels. The worst performers are those that avoided Bitcoin in favor of smaller, more volatile tokens. The volatility of these stocks is partly attributed to companies borrowing heavily to acquire cryptocurrencies. Meanwhile, lesser-known small DAT companies face dwindling opportunities to raise funds as cryptocurrency prices decline and investor enthusiasm wanes.

null source: https://x.com/lookonchain/status/1997833611278791155

通观十三部委与七协会的此番动作，其展现出的是态度坚决，但思维理性的监管智慧。

CRA collects $100 million from cryptocurrency audits while criminal cases are delayed. source: https://www.cryptopolitan.com/cra-pulls-in-100m-from-crypto-audits/

SHIB fans often joke about catching the next moonshot before breakfast, but here is a question worth asking. source: https://coindoo.com/moonbull-drives-the-next-1000x-crypto-presale-frenzy-while-shib-and-floki-power-up-their-ecosystems/

Treasury Secretary Scott Bessent stated that the U. S. economy is strong and holiday spending has been robust. source: https://www.cryptopolitan.com/bessent-says-u-s-economy-is-strong/

美国经济正处于债务-通胀恶性循环中，2025年的数据已敲响警钟。展望2026年，美国经济面临“三难”：债务、通胀与增长。

According to PANews, Japanese publicly traded company Metaplanet has not increased its Bitcoin holdings since September 30. The company's Bitcoin reserves remain at 30,823 units.

金色财经推出加密货币和区块链行业早报《金色早8点》2902期，为您提供最新、最快的数字货币和区块链行业新闻。

未来值得关注的是，以隐私为先、专注于支付的区块链将如何发展。

摩根大通分析师团队（由高级策略师 Nikolaos Panigirtzoglou 领导）于 12 月 4 日发布了一份研究报告。

项目,agent,加密代理人是下一个重要趋势 金色财经,AgentFi自动优化收益，简化交易策略。

2025年11月，MS发布了“Financial Inclusion via FinTech: From Digital Payments to Platform Investments”一文。

外汇市场根本不是我以为的"换汇市场"。 更准确地说，在那每日7.5万亿美元的庞大交易量里，大部分压根不是在"换汇"——而是一个庞大且隐形的全球美元借贷网络。

金融在西方是一种社会动员手段，只有在“国家—社会”分立乃至对立的情况下才能发挥奇效，但在家国同构的东方大国，社会动员依赖于水利工程和治理能力。

连续两个周五中国内地政府和行业组织对虚拟货币重拳出击，尤其是对稳定币和RWA的定性和定调，震动业界。它禁止了什么，留下了什么，关上这扇门，是否还会打开另外一扇窗？