The European Commission has officially proposed transferring the direct supervisory authority over all crypto-asset service providers (CASPs) from member states to the European Securities and Markets Authority (ESMA), making its role in crypto regulation more akin to that of the U.S. Securities and Exchange Commission (SEC). This reform aims to eliminate regulatory fragmentation among the 27 member states and establish a unified, efficient, and consistent cross-border regulatory framework for the EU crypto market. This legislative proposal was released nine months after the announcement of the Savings and Investment Union Strategy. The strategy emphasizes that, amid intensifying global capital competition and the continued expansion of U.S. financial markets, Europe needs to accelerate the integration of its capital markets. Regulatory centralization is seen as a key means to enhance cross-border efficiency.

Decentralized AI infrastructure startup DeepNode announced on December 5th that it has completed a $5 million funding round, including a $2 million seed round and a $3 million strategic round. The main investors are Blockchain Founders Fund and Side Door Ventures. DeepNode is built on an Ethereum Layer 2 network and plans to launch its mainnet in 2026.

Woori Bank recently added a Bitcoin (BTC) price display to its main trading floor in Seoul, presenting this crypto asset alongside core financial indicators such as the KRW-USD exchange rate, government bond yields, and stock market indices. This makes it the first commercial bank in South Korea to integrate cryptocurrency market data into a frontline trading environment. Bank officials stated that Bitcoin now serves as an important “market sentiment indicator.” As digital assets gain greater influence in global financial markets, including them in traders’ daily monitoring helps provide a more comprehensive assessment of risk appetite and cross-market linkages. This move also reflects the accelerated advancement of digital asset infrastructure within South Korea’s banking system.

The U.S. Securities and Exchange Commission (SEC) has recently approved the first leveraged SUI ETF launched by 21Shares, which is now listed on Nasdaq under the ticker TXXS. This product provides U.S. investors with a new way to gain 2x daily exposure to SUI’s returns through traditional brokerage accounts, without the need to directly purchase crypto assets. TXXS uses swaps and other derivatives to track SUI’s daily performance: if SUI rises 10% in a single day, the target increase is approximately 20%; if it falls, the decline is similarly reflected at double the rate. It’s important to note that the fund does not hold actual SUI tokens, relying entirely on a derivatives structure. In October, the SEC warned the market to exercise caution with highly leveraged crypto ETFs such as 3x and 5x products. This week, the agency also issued a risk alert letter to issuers, emphasizing its cautious regulatory stance on leveraged products.

After President Trump’s official pardon, CZ is shifting his strategic focus back to the US market and has publicly expressed his vision of helping the US become the global center for cryptocurrency innovation. According to information from a private launch event at Blockchain Week in Dubai on December 3-4, CZ believes the US has become an “emerging market for CEX” and plans to increase investment once the regulatory environment improves. CZ stated that he is “very grateful” for Trump’s pardon, noting that the move allows his exchange to operate more freely on a global scale, especially in regaining strategic initiative in the US market. At the event, he said directly: “My goal is to help the US become the capital of cryptocurrency.”

According to Gate News Bot, as of December 5, according to CoinMarketCap data, CLO (Yei Finance) is currently trading at $0.40, up 11.29% in 24 hours, with a high of $0.40 and a low of $0.32. The current market capitalization is approximately $51.4 million, an increase of $5.21 million compared to yesterday. Yei Finance is a multi-chain DeFi platform offering lending, trading, and cross-chain bridging services. Its main products include Pre-storage Vaults, YeiLend, and YeiSwap. Pre-storage Vaults allow users to make one-time deposits and earn yields across multiple chains. YeiLend provides a lending market where users can supply or borrow various tokens. YeiSwap is a decentralized exchange supporting token trading on the Sei chain. Yei Finance aims to provide users with a simple and efficient multi-chain DeFi experience.

Kalshi is continuously expanding its leading position in the prediction market through strong media partnerships. Although competitor Polymarket has confirmed its imminent return to the US market, Kalshi’s recent moves have further solidified its industry advantage. Yesterday, CNBC announced that starting in 2026, it will fully integrate Kalshi’s real-time prediction data across its television and online platforms. Core programs such as "Squawk Box" and "Fast Money" will feature Kalshi’s event probability analyses, which will also be displayed in the news ticker. In addition, Kalshi will have a dedicated market data page on the CNBC website. CNBC President KC Sullivan stated that prediction markets are changing the way investors and business leaders make decisions, and Kalshi’s data will greatly enhance the depth and explanatory power of financial reporting.

According to BlockBeats, on December 5, Polymarket data showed that the probability of "Strategy being removed from MSCI" has reached 72%. Michael Saylor stated that Strategy is in communication with MSCI, and a decision will be announced on January 15, which could result in up to $8.8 billion in outflows.

JPMorgan's latest analysis points out that although the US stablecoin market is expanding rapidly under the impetus of the GENIUS Act, its grand goal of "boosting demand for US short-term Treasuries" may fall far short of policymakers' expectations. Since the act was passed in July, the total supply of stablecoins has increased by over $50 billion, surpassing $300 billion in scale, but it is still far from the White House's previous target of $2-4 trillion by 2028–2030. JPMorgan's Head of US Short-Term Rate Strategy, Teresa Ho, stated that while stablecoins have strong growth momentum, it is "unrealistic" to expect them to grow to several trillion dollars within a few years. The bank expects that in the next few years, the stablecoin market size may reach about $700 billion, mainly limited by current laws prohibiting the issuance of interest-bearing stablecoins—a restriction that weakens the core driver of demand growth.

ChainCatcher news, the topic of comparing the valuations of Ethereum and Amazon is causing heated discussion on X. Santiago, founder of Inversion Capital, believes that Ethereum is overvalued. He stated that ETH's price-to-sales ratio (valuation of $380 billion, annual revenue of $1 billion) is much higher than Amazon's; even during the internet bubble, Amazon's price-to-sales ratio never exceeded 28 times. The price Ethereum holders pay for every $1 of revenue is about 146 times what Amazon investors paid back then. He believes Amazon is also a successful network. Whether it's a company or a network, its pricing depends on the economic benefits it generates (revenue and cash flow), and TVL, collateralized assets, or settlement volume are not revenue. Ethereum treasury company SharpLink, on the other hand, stated that traditional valuation models do not apply to Ethereum: Ama

American Bitcoin (ABTC), a Bitcoin mining and treasury company co-founded by President Trump’s two sons—Eric Trump and Donald Trump Jr.—has chosen to buy against the trend during periods of extreme market volatility, further reinforcing its strong confidence in Bitcoin’s long-term value. According to a company announcement released on December 3, American Bitcoin added 363 Bitcoins, bringing its total Bitcoin reserves to 4,367 as of December 2, a significant increase from the 4,004 disclosed on November 7. Notably, the company’s increased holdings coincided with Bitcoin’s sharp drop from a high of $126,000 to a range low of around $82,000. American Bitcoin’s strategy is highly consistent with Michael Saylor’s typical “buy the dip” logic, aiming to increase positions during market pullbacks and enhance capital efficiency when the market recovers in the future.

According to Gate News Bot on December 5, citing CoinMarketCap data, as of press time, LUNA (Terra) is currently priced at $0.08, up 10.99% in 24 hours, reaching a high of $0.08 and a low of $0.07. The current market capitalization is approximately $573,000, an increase of $56,800 compared to yesterday. Recent important news about LUNA: 1️⃣ **Industry insiders review and warn about LUNA's historical events** Sandeep Nailwal, co-founder of Polygon and CEO of the Polygon Foundation, recently shared his views on social media, mentioning the significant impact of LUNA in the history of the cryptocurrency market. He expressed hope that other projects in the current market will not repeat LUNA's mistakes, especially those involving Wall Street and retail investors.

In the past two weeks, Ethereum (ETH) has strongly outperformed Bitcoin (BTC), with both capital flows and price structure indicating that market sentiment is clearly shifting towards ETH. The latest data shows that spot Ethereum ETFs recorded a net inflow of $360 million during the same period, while Bitcoin ETFs saw only $120 million—a threefold difference that highlights investors’ growing preference for the Ethereum ecosystem. In terms of price performance, ETH recently broke through the key resistance level of $3,200, completing a daily structure reversal, which means the trend has entered a new upward phase. Meanwhile, BTC still needs to break above $96,000 to confirm a breakout, giving ETH a structural advantage in terms of trend.

Jinse Finance reported that the dYdX Foundation announced on platform X that, starting from August 2025, the dYdX Foundation has launched a Grants Program aimed at strengthening accountability mechanisms, building transparency, and tracking impact. In the first three months of the program, through contract renewals, renegotiations, and terminations linked to impact, approximately $2 million in annualized cost savings have been achieved. Recent grant activities include: funding OEGS to support low-latency, fair access trading services; supporting the "Free Deposit Program" (Free Deposit

On Thursday evening, global risk assets remained generally stable as traders awaited the release of a key inflation indicator—the core Personal Consumption Expenditures (PCE) index—on Friday. This data will directly affect the Federal Reserve's interest rate decision on December 10, and the market currently expects an 87% probability of a 25-basis-point rate cut. In US stock futures, Dow Jones and S&P 500 index futures were nearly flat, while Nasdaq futures rose 0.1%. The core PCE for September is expected to increase by 2.9% year-over-year, marking the 55th consecutive month above the Fed’s 2% target, which further increases uncertainty around the policy path.

According to Gate News Bot on December 5, quoting CoinMarketCap data, as of press time, USTC (TerraClassicUSD) is trading at $0.01, up 10.33% in the past 24 hours, reaching a high of $0.01 and dipping to a low of $0.01. The current market cap is approximately $37.77 million, an increase of nearly $3.53 million from yesterday. TerraClassicUSD (USTC) originated as an algorithmic stable asset within the Terra ecosystem, designed to reflect the US dollar through a supply and demand balance with LUNA(, now LUNC). After collapsing in May 2022, USTC transitioned to a freely traded token with its price fluctuating according to market demand. USTC still plays a role in the Terra Classic network, powering DeFi pools and paying gas fees.

According to Gate News Bot on December 5, citing CoinMarketCap data, as of press time, SYRUP (Maple Finance) is trading at $0.26, up 9.00% in the past 24 hours, reaching a high of $0.29 and a low of $0.24. The current market capitalization is approximately $302 million, an increase of $24.9 million compared to yesterday. Maple Finance is an on-chain asset management platform that provides secure and professional financial products for individuals and institutions. The platform offers highly liquid USD yield products syrupUSDC and syrupUSDT, as well as secured lending services for professional institutions. Maple Finance emphasizes transparency, risk management, and global customer support, and is committed to bringing the standards of traditional financial services to the decentralized finance sector.

Italy has officially launched a "deep review" targeting retail investors' exposure to crypto assets, marking a further escalation in European regulators' focus on digital asset risks. This initiative, led by the Italian Ministry of Economy and Finance, aims to assess the protection mechanisms for retail investors in both direct and indirect crypto investments and to address potential risk gaps caused by fragmented global regulation. The Italian Macroprudential Policy Committee—which comprises the central bank, insurance and pension regulators, and the finance ministry—has warned that as crypto assets become increasingly intertwined with the traditional financial system, while international regulatory standards continue to diverge, systemic risks may grow. These concerns are particularly pronounced as the digital asset market capitalization surpasses $3 trillion and US policy shifts noticeably towards a "crypto-friendly" stance.

U.S. spot Bitcoin ETFs recorded a net outflow of $194.6 million on Thursday, marking the largest single-day outflow since November 20, intensifying short-term risk-off sentiment in the market. According to SoSoValue data, BlackRock's IBIT led the outflow list with a single-day outflow of $112.9 million; Fidelity's FBTC saw $54.2 million in outflows, while VanEck's HODL, Grayscale's GBTC, and Bitwise's BITB also continued their capital outflow trends. This outflow continued Wednesday's net outflow of $14.9 million, accompanied by a persistent decline in trading volume—total ETF turnover on Thursday fell to $3.1 billion, down significantly from $4.2 billion on Wednesday and $5.3 billion on Tuesday. This "weak volume and price" structure further reflects a rise in market wait-and-see sentiment.

BlockBeats News, December 5th—Farcaster founder Dan Romero announced that House, the first new project presale on the Clanker platform, sold out within 30 seconds. Screenshots show that the hard cap for this presale was only 20 ETH. However, the community has called this presale a “disaster.” The reason is that Clanker used an old version of the presale contract released earlier this year, allowing a whale to snipe the presale and acquire 16 ETH (80%) of the allocation. In addition, there was no limit on the participation amount per wallet, which also led to the allocation being dominated by a single party. In response, Dan Romero stated that the sniping address will only be able to claim tokens after 7 days, and promised that the next presale will use a permissioned process to ensure fairness. At the time of writing, H

On-chain sleuth ZachXBT posted: "UK threat actor Danny / Meech, also known as Danish Zulfiqar (Khan), appears to have been arrested by law enforcement and had their crypto assets seized. Currently, $18.58 million is being held at the following address: 0xb37d617716e46511E56FE07b885fBdD70119f768"

According to Gate News Bot, on December 5th, as per CoinMarketCap data, at the time of writing, SAPIEN (Sapien) is trading at $0.18, up 5.64% in 24 hours, reaching a high of $0.20 and a low of $0.11. The current market capitalization is approximately $45.9 million, an increase of $2.45 million compared to yesterday. Sapien is a decentralized data foundry that transforms collective human knowledge into enterprise-grade AI training data. The platform has 93,000 global contributors across more than 5 countries and has completed 475 tasks. Sapien focuses on providing solutions for professional AI, including 3D/4D data annotation and expert-led data collection to meet the needs of cutting-edge AI systems. Its marketplace offers high-quality, domain-specific data

Ethereum supply squeeze may be coming, with institutions like BitMine accumulating around 3.7 million ETH, record outflows from exchanges, and declining liquidity. Changes in market supply and demand could lead to a sharp price increase.

AETDEW, AB Charity Foundation, and AB DAO signed a memorandum of understanding in Kuala Lumpur on November 22, aiming to jointly promote the development of engineering technology, smart grids, and renewable energy systems to address the energy challenges faced by developing countries.

Gate News Bot message, December 5th: According to CoinMarketCap data, as of press time, TAIKO (Taiko) is trading at $0.24, up 19.92% in 24 hours, with a high of $0.24 and a low of $0.18. The current market cap is approximately $46.1 million, an increase of $7.66 million compared to yesterday. TAIKO ranks 469th in cryptocurrency market capitalization. Recent important news about TAIKO: 1️⃣ **Activation of pre-confirmation feature to improve transaction speed** Taiko recently activated the pre-confirmation feature to accelerate transaction speeds on its Layer 2 network. This technical upgrade is expected to significantly enhance user experience, improve the network's utility and competitiveness, and attract more developers and users. 2️⃣ **Completed $15 million financing**

PANews, December 5—According to PeckShieldAlert, the stablecoin project USPD has suffered a major security breach, resulting in a loss of approximately $1 million. USPD's official team confirmed that the protocol was exploited, with the attacker minting tokens without authorization and draining liquidity. The team has urgently warned users to immediately revoke all token approvals for the USPD contract. The USPD protocol has confirmed it was hit by a "CPIMP" attack. During the deployment phase, the attacker front-ran the initialization of the proxy via Multicall3, seized admin privileges, and disguised themselves as an audited implementation contract. The team stated that the issue was not a contract logic bug; the attacker concealed their access for several months before upgrading the proxy, minting about 98M USPD, and transferring around 232

Matrixport's latest report shows that the current crypto market is in a "position vacuum" state, with ETH and BTC positions falling to low levels. Analysts point out that the light position pattern may drive prices upward, and ETH futures open interest has increased significantly, but the market response remains conservative. The future performance of Ethereum needs to be observed.

Bitcoin continued to trade sideways near $92,000 on Friday, failing once again overnight to break through $93,000, which further solidified the recent consolidation range. The current market structure is still dominated by bears suppressing prices in the mid-$93,000 range and bulls providing support around $91,000, but neither side has enough momentum to establish a clear trend. Looking at the past month, Bitcoin remains in a downward structure since the early November high, and the recent rebound has even formed a lower high, suggesting that the corrective trend remains unbroken. The weak momentum and rapid pullback after rebounds indicate that liquidity above $93,200 is still thin. If $91,000 is breached, key support lies in the $90,000–$90,500 range; to the upside, a breakout above $93,200 is needed to reverse the short-term downtrend.

On-chain detective ZachXBT stated that UK attacker Danny was reportedly arrested in Dubai, and his address 0xb37d… holding over $18.58 million in assets has been frozen. He is suspected of involvement in multiple theft and fraud incidents, with the total amount involved exceeding $300 million.

The cryptocurrency market is experiencing a major event today—over $4 billion in options are set to expire, involving major assets such as Bitcoin, Ethereum, Ripple (XRP), and Solana (SOL). Traders generally expect another round of significant short-term volatility in the market, and before next week’s Federal Reserve FOMC interest rate decision, the total crypto market cap may fall below $3 trillion again. In the past 24 hours, there have been $270 million in liquidations in the crypto market. Coupled with rising US Treasury yields, Japanese bonds, and gold prices, Bitcoin and major assets have come under downward pressure. Although BTC, ETH, XRP, and SOL saw a brief rebound during today’s session, the overall technical structure remains weak.

Danny / Meech (Danish Zulfiqar) is suspected to have been arrested by law enforcement, and his crypto assets valued at $18.58 million have been seized. He was involved in several major thefts and information leak incidents, resulting in losses exceeding $300 million. The related funds have been consolidated into a specific address.

After several consecutive months of decline, the pessimistic sentiment in the Bitcoin market may be approaching a turning point. Bitwise Chief Investment Officer Matt Hougan stated in a recent discussion with investors that Bitcoin is currently at the bottom range of a six-month adjustment period, with "limited downside left," and that the current selling pressure may be nearing its end. As of Thursday, the price of Bitcoin hovered around $92,000, down more than 25% from the highs above $120,000 reached in October. Despite the deep pullback, Bitwise still maintains its prediction that Bitcoin will break above $200,000 by the end of the year, though it acknowledges that its previous market expectations were "right in direction, but wrong in timing."

Odaily Planet Daily reports that 21Shares co-founder Ophelia Snyder stated that the current market downturn is almost unrelated to "any cryptocurrency-specific factors," but it is unlikely that Bitcoin will rise again at the beginning of next year. Snyder said that the current drivers of low volatility are unlikely to dissipate completely in the short term, and whether the market at the beginning of next year can repeat the performance seen this year will heavily depend on broader market sentiment. She explained that January usually sees "new inflows" into Bitcoin ETFs as investors rebalance and adjust their portfolios at the start of the year. After climbing to the current high of $125,100 on October 5, Bitcoin entered a downtrend, following a $19 billion crypto market liquidation event on October 10. According to CoinMarketCap data,

According to Gate News Bot, on December 5th, CoinMarketCap data shows that as of press time, SOL (Solana) is currently priced at $138.12, down 3.83% in the past 24 hours, with a high of $146.72 and a low of $123.31. The 24-hour trading volume reached $4.069 billion. The current market capitalization is approximately $77.331 billion, a decrease of $3.078 billion from yesterday. Solana is a high-performance blockchain platform that provides developers with a fast, secure, and scalable infrastructure. It supports a wide range of user experiences, making it accessible to both professional users and new consumers. Solana boasts fast transaction processing speeds and a per-transaction fee of less than $0.0025, with thousands of independent nodes validating transactions to ensure data security and censorship resistance. The network adopts a proof-of-stake mechanism, resulting in minimal environmental impact per transaction.

金色财经报道，Cryptoquant分析师Axel Adler Jr发布市场分析表示，黄金价格维持在每盎司 4218 美元左右，市场正等待下周美联储联邦公开市场委员会（FOMC）会议前的关键美国经济数据。焦点集中在延迟发布的 9 月个人消费支出（PCE）报告 —— 这是美联储青睐的通胀指标。该报告定于今日发布，可能会为未来货币宽松政策的时点与节奏提供线索。

The European Commission has officially launched an antitrust investigation into Meta, citing its updated WhatsApp policy, which is alleged to allow only its own AI chatbots to operate while restricting other artificial intelligence service providers from accessing the platform. The investigation centers on whether Meta is leveraging its dominant market position to hinder competition, which could have far-reaching effects on the European AI industry and the ecosystem of communication platforms. The probe focuses on the business terms updated by WhatsApp in late October. The new policy explicitly prohibits third-party companies whose core product is artificial intelligence from distributing AI chatbots via the WhatsApp Business API. According to the terms, only if AI is an “incidental or auxiliary function” are relevant businesses allowed to use the API, while companies offering AI as their main service have been completely banned from access since October 15. For AI service providers already on the platform, the ban will take effect starting January 15, 2026.

Odaily Planet Daily news: According to official data, the world-leading crypto asset trading platform Gate has officially launched a new security product, Gate Safe, earlier. Since its launch, the product has attracted over 10,000 users to apply for use. Currently, "Gate Safe" is available for free for a limited time to VIP3 and above users, and is one of the important value-added services in the Gate VIP system. In addition to the Safe, VIP users can also enjoy multiple premium benefits such as private wealth management and exclusive VIP financial products, achieving a comprehensive upgrade in both asset security and management experience. It is reported that "Gate Safe" is based on Multi-Party Computation (MPC, Multi-Party

Dogecoin (DOGE) declined again in the latest trading session, as the optimism brought by the ETF frenzy failed to reverse the weak market structure. Although 21Shares and Grayscale have successively filed for spot DOGE ETFs, briefly boosting network activity, the price still broke through key support levels, indicating that technical selling is dominating the trend. On-chain data shows that active DOGE addresses once rose to 71,589, the highest level since September, reflecting increased user participation. However, whale transactions remain sluggish, and there has been no significant ETF-related capital inflow. The sharp contrast between improving fundamentals and weak prices highlights the impact of declining market risk appetite.

Lending protocol Figure announced the establishment of the RWA Alliance, expanding its on-chain lending business to Solana and promoting the application of PRIME liquid staking tokens, enabling regular users to enjoy institutional-level returns. Alliance members include Kamino Finance, Chainlink, and others.

According to Gate News Bot on December 5, citing CoinMarketCap data, as of press time, YB (YieldBasis) is trading at $0.52, up 10.66% in the past 24 hours, reaching a high of $0.54 and a low of $0.41. The current market cap is approximately $45.6 million, an increase of $4.39 million from yesterday. YieldBasis is a platform focused on market volatility yields. The project offers various sources of income, including trading profits and token staking rewards. Currently, the platform’s total value locked (TVL) stands at $150 million, with 3 trading markets. YieldBasis supports multiple assets, including tBTC, cbBTC, and WBTC, providing users with up to 38.53% annualized percentage rate (APR) on tokens. Recent important news from YB:

The U.S. Department of Justice has charged two brothers for breaking into and deleting 96 government databases after being fired, involving DHS investigations and FOIA records. The brothers had previously been convicted for hacking into the State Department. After the incident, they attempted to cover up the evidence and were eventually arrested.

金色财经报道，意大利央行及其他金融监管机构周四表示，意大利经济部已下令对现行加密货币风险防范措施开展深入审查，此类风险被认为可能持续上升。 监管机构在声明中称：“针对零售投资者加密资产直接及间接投资的现行保障措施是否充分，我们已启动深入审查。”

A federal district judge in New York has recently ruled that OpenAI must hand over approximately 20 million anonymized ChatGPT user logs to The New York Times and other plaintiffs, marking a significant development in the closely watched AI copyright lawsuit. The order rejects OpenAI's attempt to limit the scope of discovery and emphasizes that these logs are crucial for assessing whether ChatGPT has reproduced copyrighted content. The New York Times sued OpenAI in December 2023, alleging unauthorized use of news content to train its models, while OpenAI countersued in January this year, claiming the media outlet "did not tell the whole truth." This ruling further intensifies the conflict between the two parties over copyright, data governance, and the legality of AI training data.

Gate News Bot message, December 5th, according to CoinMarketCap data, as of press time, HEMI(Hemi) is currently priced at $0.02, up 12.70% in the past 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $15.9 million, an increase of $1.79 million compared to yesterday. Hemi is a unified Bitcoin economic layer designed to activate regulatory-compliant Bitcoin yields without leaving custody. The platform combines Bitcoin's security with Ethereum-level programmability, allowing institutions to deploy native BTC for yield strategies while maintaining full control and compliance.

According to Jinse Finance, as disclosed by Bitcoin.com News, following its historic $12.5 billion debt buyback (the largest in history), the US Treasury has added another $2 billion buyback, bringing this week’s total buyback amount to $145 billion dollars.

Gate News Bot message, December 5th, according to CoinMarketCap data, as of press time, KAITO (KAITO) is currently trading at $0.75, up 11.71% in 24 hours, reaching as high as $0.74 and dipping as low as $0.61. The current market capitalization is approximately $180 million, an increase of $18.9 million from yesterday. Recent important news about KAITO: 1️⃣ **Cysic airdrop event ending soon** The Kaito AI platform is holding a Cysic airdrop event, and eligible users must complete registration by 9:00 PM on December 7. This time limit may prompt more users to participate in the Kaito ecosystem in the short term, thereby boosting demand and price for the KAITO token. 2️⃣ **Airdrop qualification threshold set**

PANews, December 5—According to Bloomberg, Meta CEO Mark Zuckerberg plans to significantly cut the metaverse business budget, with reductions of up to 30%. Related layoffs could begin as early as January next year. This adjustment will mainly impact the Meta Horizon Worlds virtual world and Quest.

Recently, prediction market platforms have developed rapidly, with trading volumes on Kalshi and Polymarket reaching record highs. Kalshi completed a $1 billion financing round, reaching a valuation of $11 billion, and founder Lopes Lara became the world's youngest female billionaire. Kalshi has also established multiple partnerships with Solana, CNN, and CNBC, further expanding its business.

According to a report by Jinse Finance, based on EigenPhi data, sandwich attacks on the Ethereum network in 2025 have resulted in user losses of nearly $40 million. Although the monthly trading volume on decentralized exchanges (DEXs) has surged from $65 billion to over $100 billion, the scale of profits from these attacks has dropped significantly. Monthly profits from sandwich attacks fell from around $10 million at the end of 2024 to just $2.5 million in October 2025, while the frequency of attacks remains high at 60,000 to 90,000 per month. Most notably, 38% of attacks target low-volatility liquidity pools such as stablecoins and wrapped assets, and 12% are aimed at stablecoin swap pools—these scenarios result in slippage beyond expectations, causing particularly severe losses. The average profit per sandwich attack is only $3, and for the full year of 2025

Caldera launches the "On-Chain Expansion Plan," extending the ERA token to more networks and liquidity venues. The first step is going live on Arbitrum One and creating an ERA/USDC liquidity pool. This plan will support second-level cross-chain transfers and a unified liquidity experience. In the future, deeper cross-chain liquidity initiatives will be developed.

Jinse Finance reports, market news: U.S. President Trump will sign an executive order at 3:00 p.m. local time on Friday (4:00 a.m. Beijing time the next day). (Jin10)

BlockBeats news, on December 5, at 23:00 Beijing time on Friday night, the US Department of Commerce will announce the US September core PCE price index annual rate, with an expected value of 2.9% and a previous value of 2.9%.

According to Gate News Bot on December 5th, based on CoinMarketCap data as of press time, ZEC (Zcash) is currently priced at $394.27, up 11.76% in the past 24 hours, reaching a high of $473.16 and a low of $302.75. The 24-hour trading volume reached $1.138 billion. The current market capitalization is approximately $6.475 billion, an increase of $681 million compared to yesterday, currently ranking 18th. Zcash is a privacy-protecting digital currency and was the first cryptocurrency to develop zero-knowledge encryption technology for private peer-to-peer payments. Zcash uses end-to-end encryption to protect users' privacy rights, has faster transaction speeds than Bitcoin, and transaction fees are usually just a fraction of a cent. Zcash is fair and open, and anyone with an internet connection can use it. Recent important news about ZEC:

According to Foresight News, blockchain infrastructure Espresso will open airdrop registration on December 22, with this airdrop covering millions of addresses. So far, the official team has released a total of 22 airdrop qualification paths. These include Espresso hackathon participants, Caffeinated creators, POAP holders from online and offline events, and users of partner chains (such as ApeChain, RARI Chain, Arbitrum, Celo, etc.). In addition, the official team will launch the second round of Bantr activities. Bantr will continue to track Espresso-related attention and on-chain activity in English, Korean, and Chinese leaderboards, with particular focus on the period after December 1. In the future, the top 100 participants across the three leaderboards will share