Stable launches mainnet and TGE on December 8th
By building a blockchain powered by USDT, Stable aims to redefine how stablecoins are issued and transferred. Prviously, it raised $28M in a funding backed by Bitfinex, Hack VC, Mirana and others.
π x.com/stable/status/1996072383992791144
By building a blockchain powered by USDT, Stable aims to redefine how stablecoins are issued and transferred. Prviously, it raised $28M in a funding backed by Bitfinex, Hack VC, Mirana and others.
π x.com/stable/status/1996072383992791144
Sonnet BioTherapeutics To Merge With Hyperliquid Strategies Inc
Sonnet BioTherapeutics shareholders approved the merger with Hyperliquid Strategies Inc. and Rorschach I LLC. The biotech firm specializes in oncology treatments built on its proprietary single- and bifunctional biologic drug platform.
π finance.yahoo.com/news/sonnet-biotherapeutics-holdings-inc-announces-141700887.html
Sonnet BioTherapeutics shareholders approved the merger with Hyperliquid Strategies Inc. and Rorschach I LLC. The biotech firm specializes in oncology treatments built on its proprietary single- and bifunctional biologic drug platform.
π finance.yahoo.com/news/sonnet-biotherapeutics-holdings-inc-announces-141700887.html
Binance Appoints Co-Founder Yi He as New Co-CEO
Binance has named co-founder Yi He as its new co-CEO, marking the companyβs biggest leadership change since Richard Teng replaced CZ in November 2023 after U.S. enforcement actions. Yi He will now lead the exchange alongside Teng.
π theblock.co/post/381196/binance-appoints-co-founder-yi-he-as-co-ceo-alongside-richard-teng
Binance has named co-founder Yi He as its new co-CEO, marking the companyβs biggest leadership change since Richard Teng replaced CZ in November 2023 after U.S. enforcement actions. Yi He will now lead the exchange alongside Teng.
π theblock.co/post/381196/binance-appoints-co-founder-yi-he-as-co-ceo-alongside-richard-teng
Web3 Foundation Registrations In The Cayman Islands Surged 70% YoY
Cayman Islands foundation registrations rose 70% Year-on-Year, exceeding 1,300 by late 2024 and adding 400+ more in 2025. These entities are increasingly used as legal wrappers for decentralized autonomous organizations (DAOs) and major Web3 ecosystems.
π cointelegraph.com/news/cayman-islands-web3-foundation-companies
Cayman Islands foundation registrations rose 70% Year-on-Year, exceeding 1,300 by late 2024 and adding 400+ more in 2025. These entities are increasingly used as legal wrappers for decentralized autonomous organizations (DAOs) and major Web3 ecosystems.
π cointelegraph.com/news/cayman-islands-web3-foundation-companies
Crypto Deals Hit Record $8.6B Amid Growing Market Strain
Crypto deal values have surged past $8.6 billion this year β an all-time high exceeding the total of the past four years combined. Major acquisitions include Coinbaseβs $2.9B purchase of Deribit, Krakenβs $1.5B acquisition of NinjaTrader, and Rippleβs $1.25B buy of prime broker Hidden Road.
π bloomberg.com/news/articles/2025-12-03/crypto-deals-hit-a-record-8-6-billion-as-market-strains-grow
Crypto deal values have surged past $8.6 billion this year β an all-time high exceeding the total of the past four years combined. Major acquisitions include Coinbaseβs $2.9B purchase of Deribit, Krakenβs $1.5B acquisition of NinjaTrader, and Rippleβs $1.25B buy of prime broker Hidden Road.
π bloomberg.com/news/articles/2025-12-03/crypto-deals-hit-a-record-8-6-billion-as-market-strains-grow
Kalshi Becomes CNNβs Official Prediction Markets Partner
Kalshi data will be integrated throughout CNN programming, supporting the newsroom, data, and production teams. A Kalshi-powered real-time news ticker will also run during segments featuring its data.
π theblock.co/post/381164/kalshi-cnn-partner
Kalshi data will be integrated throughout CNN programming, supporting the newsroom, data, and production teams. A Kalshi-powered real-time news ticker will also run during segments featuring its data.
π theblock.co/post/381164/kalshi-cnn-partner
Binance launches parent-controlled crypto app
Binance Junior is a new sub-account app for children and teens aged 6β17, allowing parents to manage crypto savings accounts under their control. Parents must be verified Binance users with 2FA enabled to create a Junior account.
π x.com/binance/status/1996158210768568420
Binance Junior is a new sub-account app for children and teens aged 6β17, allowing parents to manage crypto savings accounts under their control. Parents must be verified Binance users with 2FA enabled to create a Junior account.
π x.com/binance/status/1996158210768568420
Axis Raises $5M to Launch Onchain Yield Protocol for USD, Bitcoin, and Gold
The private funding round was led by Galaxy Ventures, with participation from OKX Ventures, CMT Digital, FalconX, GSR, Maven 11, and CMS Holdings.
The protocol is designed to bring institutional trading strategies onchain for USD, Bitcoin, and gold. During its closed beta, Axis deployed $100 million in private capital to test its arbitrage engine, delivering stable market-neutral returns.
π theblock.co/post/381215/axis-5-million-usd-round-galaxy-ventures-onchain-yield-protocol-usd-bitcoin-gold
The private funding round was led by Galaxy Ventures, with participation from OKX Ventures, CMT Digital, FalconX, GSR, Maven 11, and CMS Holdings.
The protocol is designed to bring institutional trading strategies onchain for USD, Bitcoin, and gold. During its closed beta, Axis deployed $100 million in private capital to test its arbitrage engine, delivering stable market-neutral returns.
π theblock.co/post/381215/axis-5-million-usd-round-galaxy-ventures-onchain-yield-protocol-usd-bitcoin-gold
NEAR launches AI Cloud and Private Chat
NEAR Protocol unveiled NEAR AI Cloud, offering hardware-backed, verifiable privacy for AI workloads using Intel TDX and NVIDIA Confidential Computing. It also launched Private Chat, a verifiably private chat application running on the Cloud.
π x.com/NEARProtocol/status/1996220341362786538
NEAR Protocol unveiled NEAR AI Cloud, offering hardware-backed, verifiable privacy for AI workloads using Intel TDX and NVIDIA Confidential Computing. It also launched Private Chat, a verifiably private chat application running on the Cloud.
π x.com/NEARProtocol/status/1996220341362786538
MetaMask Introduces Transaction Shield Feature
Transaction Shield protects up to $10,000 per month for safe transactions, including DeFi swaps, lending, NFT mints/sales, and airdrop claims.
Available now on MetaMask Extension across Ethereum, Linea, Arbitrum, Avalanche, Optimism, Base, Polygon, BSC, and Sei.
π x.com/MetaMask/status/1995885822533415237
Transaction Shield protects up to $10,000 per month for safe transactions, including DeFi swaps, lending, NFT mints/sales, and airdrop claims.
Available now on MetaMask Extension across Ethereum, Linea, Arbitrum, Avalanche, Optimism, Base, Polygon, BSC, and Sei.
π x.com/MetaMask/status/1995885822533415237
Polymarket U.S. app rolls out in App Store
Polymarket, the prediction market platform, is rolling out its U.S. app to waitlisted users, starting with sports markets. The launch marks the platform's return to the U.S. market, with other prediction markets to follow, and an Android version coming soon.
π x.com/Polymarket/status/1996231420117688701?s=20
Polymarket, the prediction market platform, is rolling out its U.S. app to waitlisted users, starting with sports markets. The launch marks the platform's return to the U.S. market, with other prediction markets to follow, and an Android version coming soon.
π x.com/Polymarket/status/1996231420117688701?s=20
Ethereum Activates Fusaka Upgrade, Introducing PeerDAS and Advanced Scaling Improvements
The Fusaka upgrade raises the gas limit from 45M to 60M, boosting transaction capacity. At its core is PeerDAS, a redesigned data availability sampling system hailed by Vitalik Buterin as key to Ethereum scaling.
Fusaka also delivers client updates, consensus refinements, and enhanced security measures.
π x.com/ethereum/status/1996226190399455358
The Fusaka upgrade raises the gas limit from 45M to 60M, boosting transaction capacity. At its core is PeerDAS, a redesigned data availability sampling system hailed by Vitalik Buterin as key to Ethereum scaling.
Fusaka also delivers client updates, consensus refinements, and enhanced security measures.
π x.com/ethereum/status/1996226190399455358
Ostium Raises $20M Series A to Launch Perpetuals Exchange for RWA, Stocks, and Crypto
Ostium raised $20M in a Series A led by General Catalyst and Jump Trading, with participation from Coinbase Ventures, Wintermute, and GSR. The platform enables perpetual futures trading on real-world assets like stocks, metals, oil, and select crypto.
Founded by Harvard grads Kaledora Kiernan-Linn and Marco Antonio Ribeiro, Ostium had previously raised ~$8M.
π fortune.com/2025/12/03/ostium-series-a-fundraise-perpetuals-perps-crypto
Ostium raised $20M in a Series A led by General Catalyst and Jump Trading, with participation from Coinbase Ventures, Wintermute, and GSR. The platform enables perpetual futures trading on real-world assets like stocks, metals, oil, and select crypto.
Founded by Harvard grads Kaledora Kiernan-Linn and Marco Antonio Ribeiro, Ostium had previously raised ~$8M.
π fortune.com/2025/12/03/ostium-series-a-fundraise-perpetuals-perps-crypto
ββFanatics launches prediction market in collab with Crypto com
The app launches today in Alaska, Delaware, Hawaii, Idaho, Maine, New Hampshire, Rhode Island, South Dakota, and Utah, with several more states to follow. Previously, Crypto com announced prediction markets collabs with Truth Social and MyPrize, among others.
π x.com/cryptocom/status/1996318040393130002?s=20
The app launches today in Alaska, Delaware, Hawaii, Idaho, Maine, New Hampshire, Rhode Island, South Dakota, and Utah, with several more states to follow. Previously, Crypto com announced prediction markets collabs with Truth Social and MyPrize, among others.
π x.com/cryptocom/status/1996318040393130002?s=20
ββSolana Mobile announces SKR token launch in January
SKR is designed to power control, economics, incentives, and ownership across the ecosystem, and will be distributed directly to builders and users. SKR will have a total supply of 10 billion tokens, with 30% of tokens have been earmarked for airdrop and unlock.
π x.com/solanamobile/status/1996278509967434017?s=20
SKR is designed to power control, economics, incentives, and ownership across the ecosystem, and will be distributed directly to builders and users. SKR will have a total supply of 10 billion tokens, with 30% of tokens have been earmarked for airdrop and unlock.
π x.com/solanamobile/status/1996278509967434017?s=20
ββFin has closed a $17 million Series A funding round
The funding round led by Pantera Capital, with participation from Sequoia, Samsung Next and angel investors. Fin specializes in high-value cross-border payments, enabling instant, low-cost transfers to bank accounts, other users, or across crypto networks.
π x.com/fin/status/1996248631733571998
The funding round led by Pantera Capital, with participation from Sequoia, Samsung Next and angel investors. Fin specializes in high-value cross-border payments, enabling instant, low-cost transfers to bank accounts, other users, or across crypto networks.
π x.com/fin/status/1996248631733571998
ββProminent Hyperliquid protocols that haven't launched token yet
Protocols like HyperLend, HypurrFi, Felix, and Hyperbeat are powering Hyperliquidβs DeFi stack β all still without a token. With high TVL and active ecosystems, theyβre well worth watching for airdrop hunters and early adopters.
Protocols like HyperLend, HypurrFi, Felix, and Hyperbeat are powering Hyperliquidβs DeFi stack β all still without a token. With high TVL and active ecosystems, theyβre well worth watching for airdrop hunters and early adopters.
ββSolmate to Acquire RockawayX in All-Stock Deal
Solmate is acquiring RockawayX in an all-stock transaction, merging its infrastructure, liquidity, and asset-management units into Solmate to build a $2B institutional Solana-focused group.
The combined company will target treasury yield generation, support Solana-based markets, and offer services for both high-frequency traders and everyday on-chain users.
π coindesk.com/business/2025/12/04/solmate-to-buy-rockawayx-in-all-stock-deal
Solmate is acquiring RockawayX in an all-stock transaction, merging its infrastructure, liquidity, and asset-management units into Solmate to build a $2B institutional Solana-focused group.
The combined company will target treasury yield generation, support Solana-based markets, and offer services for both high-frequency traders and everyday on-chain users.
π coindesk.com/business/2025/12/04/solmate-to-buy-rockawayx-in-all-stock-deal
ββMoneyGram x Fireblocks to Boost Stablecoin-Based Payments & Treasury Operations
MoneyGram is integrating Fireblocks to enable stablecoin-based payments and cross-border settlements across 200+ countries. The system will support transfers across multiple blockchains and streamline global liquidity management.
The move cuts the need for pre-funded accounts and adds real-time treasury operations, reducing capital requirements and improving settlement efficiency.
π coindesk.com/business/2025/12/04/moneygram-taps-fireblocks-to-expand-stablecoin-use
MoneyGram is integrating Fireblocks to enable stablecoin-based payments and cross-border settlements across 200+ countries. The system will support transfers across multiple blockchains and streamline global liquidity management.
The move cuts the need for pre-funded accounts and adds real-time treasury operations, reducing capital requirements and improving settlement efficiency.
π coindesk.com/business/2025/12/04/moneygram-taps-fireblocks-to-expand-stablecoin-use
First Leveraged SUI ETF Launched on Nasdaq
21Shares has introduced the 2x Leveraged SUI ETF (TXXS) on Nasdaq, following SEC approval. The ETF gives investors leveraged exposure to Sui via a regulated, familiar structure.
This launch comes as 21Sharesβ spot SUI ETF remains under SEC review.
π binance.com/en/square/post/12-04-2025-first-leveraged-sui-etf-launched-on-nasdaq
21Shares has introduced the 2x Leveraged SUI ETF (TXXS) on Nasdaq, following SEC approval. The ETF gives investors leveraged exposure to Sui via a regulated, familiar structure.
This launch comes as 21Sharesβ spot SUI ETF remains under SEC review.
π binance.com/en/square/post/12-04-2025-first-leveraged-sui-etf-launched-on-nasdaq