[Chain News] Nasdaq-listed company Upexi( with stock code UPXI) recently made a big move.
They completed a round of private placement, selling over 3.28 million shares of common stock, along with warrants. The holders of these warrants can purchase up to 3.28 million additional shares at a price of $3.04 per share.
This operation directly brings in $10 million. If all the warrants are exercised and paid in cash, an additional $13 million can be collected. However, these figures are before fees, so the actual amount received will be slightly less.
What is the money for? The company mentioned three directions: daily operations, general business expenses, and the most critical one—investing in their internal SOL maximum return strategy.
It seems that another traditional listed company is eyeing cryptocurrencies and is going all in on the SOL ecosystem.

[Coin World] Recently, BTC has returned to the price level of last November, but interestingly, the implied volatility is only 63% now. In comparison, back in November last year, it was 76%.
This data is quite revealing – although the price has fallen back to where it was, the market is actually not that panicked. Volatility is like a thermometer for market sentiment; the higher the value, the more anxious everyone is. Now it has dropped by 13 points, indicating that even though the price hasn't recovered, at least the investors' mindset has stabilized significantly.

[Coin World] The American Monetary Services Business Alliance, FedMSB, recently made a big move - it established an independent organization called the Stablecoin Standards Authority (SSA) specifically to set rules for US dollar stablecoins.
The things SSA wants to do are quite practical: to develop industry best practice guidelines in core areas such as technical specifications and reserve fund disclosures, and also plans to launch the AmCoinX index tool to track the real performance of the stablecoin market. In other words, it aims to make this market more transparent and orderly.
The chairman of FedMSB, Fan Yang, is very clear about this matter - it is not to restrict innovation, but to use data and standards to speak, while encouraging new methods and maintaining the bottom line of market trust. After all, stablecoins are becoming increasingly significant, and without some unified standards, it really won't work.

A team evaluates various indicators of the spot trading platform by simulating mystery shoppers, including Money Laundering, types of coins, user interface, and security measures. They provide real and reliable ratings based on data analysis to help users select suitable platforms and avoid pitfalls.

[比推] CZ just officially announced on social media: Trust Wallet has launched the self-custody prediction market feature. This means that users can now play on-chain predictions directly in this decentralized wallet, with assets always in their hands. It seems that the functional boundaries of hosted wallets have moved forward again, from simple transfers to now being able to participate in the prediction market, making the ecosystem increasingly rich.

[Bitu] on-chain data shows some interesting trends.
A new buyback wallet (0x573...6fF4) has been quite active in the last 24 hours, directly sweeping $2.2 million worth of ASTER from the market. Currently, this address still holds approximately $800,000 in stablecoin ammunition.
Meanwhile, another address suspected to be team-related ( 0x207...a757 ) sold approximately 1 million dollars' worth of tokens during the same period.
Buying back while selling? This operation is intriguing.

[Chain Article] The Web3 gaming wave has really cooled down.
The entire GameFi token market now only has 8.83 billion USD left, which is a direct halving compared to last year—down by 69%. Just last month, it shrank by another 34%, and this decline is painful to watch.
In fact, there was a glimmer of hope at the end of November: the market capitalization surged by 7% within two weeks, almost touching the $10 billion mark, with trading volume skyrocketing by 103% to reach $6.1 billion. However, on December 1st, a pullback caused the industry’s market capitalization to drop directly below $9 billion, marking the first time in over a year that it has fallen so dramatically.
What's worse is that the entire ecosystem feels lifeless. There are pitifully few people discussing GameFi on crypto Twitter, and the hype has hit a near five-year low. Simply put, most players aren't here to play games—they're focused on whether the coin price can double. This pass-the-parcel type of play cannot sustain the scene, and in the first ten months of this year, at least 27 game studios have closed.

Recently, the crypto market experienced a big dump, with Bitcoin leading the fall, and investors generally chose to drop their leverage. The Chief Investment Officer of BNB Plus predicts that Bitcoin will pull back to 60,000 USD. Despite the market turbulence, no new explosion incidents have occurred, reflecting the change in market sentiment.

[Coin World] Canaan recently did something quite interesting with SynVista Energy - using AI to play Mining.
In simple terms, it is about real-time matching the supply of clean energy with the computing power demand of mining machines. Wherever there is excess green electricity, the computing power will be adjusted there. This adaptive approach is not only environmentally friendly but also enhances resource utilization efficiency.
Even more astonishing is that they plan to move the entire process onto the blockchain: the amount of energy produced, emission reduction data, and Mining profits will all be recorded in a tokenized manner. This way, green energy assets will have a verifiable digital ledger, and carbon credits can also be turned into tradable Tokens.
In the long run, if cash flow and carbon credits can circulate on the blockchain, transparency and liquidity will be significantly enhanced. This can be considered a sustainable new path for traditional Mining.

The Opinion project party announced at an industry event that it has secured tens of millions of dollars in financing, which will be used for the rise of the prediction market ecosystem on BNB Chain, user growth, and underlying architecture optimization, demonstrating its commitment to布局 in this field.

On December 2nd, there was an interesting piece of news: the asset management company Tidal Investments quietly built a position in Strategy (stock code MSTR).
The specific number is 351,600 shares, which amounts to approximately 60 million US dollars at the market price at that time. It should be noted that Strategy is the company of Michael Saylor, who has been crazily hoarding Bitcoin. This operation can be considered, to some extent, as institutions indirectly allocating exposure to BTC.
The fact that traditional asset management is starting to do this indicates what? The market's acceptance of Bitcoin is indeed increasing, even conservative funds are beginning to participate in the crypto space through the stock market.

[Chain News] On December 2nd, there was a big commotion in Poland—President Karol Nawrocki directly refused to sign a regulatory bill aimed at the crypto market. This caused a lot of cheers in the crypto world, but the government was in an uproar.
The Presidential Office stated frankly on Monday: this bill "seriously threatens the freedom, property, and national stability of the Polish people." What is most frustrating? The bill grants authorities a power — to easily shut down the websites of crypto platforms. The President's office criticized this part as "not transparent and prone to abuse."
Apart from this, the bill itself is written like a foot-binding cloth, both smelly and long. The content is so complex that it's hard to understand, with basically zero transparency, a typical example of "overregulation." Compared to the concise framework implemented by neighboring Czechia, the gap is not small. Nawrocki also mentioned that high regulatory costs would corner local startups, which would instead be...

[Chain News] has spotted a big fish moving.
The mysterious giant whale that has been continuously targeting BTC for four rounds since March this year has just made another move—15 minutes ago, it reduced its holdings by 20 BTC, earning $501,000. This operation has brought its total earnings for the year to over $57.58 million.
What's even more exaggerated is that he still holds an open short position of 1081.98 BTC, with an unrealized profit of up to 26.83 million dollars. The opening price is stuck at 111,499.3 dollars, and although the funding rate has consumed over 9.42 million dollars, the overall account balance is still very comfortable.
However, the most noteworthy aspect is his next move: placing a limit buy order for 1,300 BTC directly in the price range of $67,244 to $67,844. To translate this—if the price drops to this range, he is prepared to close his short position for profit and then immediately switch to a long position.
This radical approach is either extremely self-referential to the bottom position.

[Coin World] Analyst Willy Woo recently put forward a rather disruptive viewpoint—don't assume that when M2 (Broad Money) rises, BTC will necessarily rise alongside it. His logic is that in the later stages of the cycle, it's actually Bitcoin leading M2, not the other way around.
What's even harsher is that he directly judges based on the model of capital inflow and outflow in the crypto market: this round has likely peaked already. This is said quite bluntly and is quite painful to hear. After all, many people are still waiting for the second wave of uplift brought by liquidity injection, only to be told that the causal relationship may have already reversed.

[Block Rhythm] GANA Payment officially returned on December 2nd. This is not just a simple restart, but a sincere comeback – the previously hacked 3.1 million USD will be fully compensated by the GANA Foundation, and affected users will not lose a single cent.
More importantly, the next action from the project team: after the restart, they will directly relinquish all permissions of the contract. What does this mean? GANA Payment will completely move towards community-driven decentralized governance, no longer dictated by the team.
A brief introduction to this project: GANA is a PayFi payment infrastructure running on the BNB Chain. The core mechanism is settlement with stablecoins, combined with an LP liquidation mechanism, allowing each payment on the chain to be verified through the Proof-of-Pay model. In simple terms, it makes on-chain payments both simple and reliable, while also being sustainable.
From security incidents to full compensation

Jia Nan Technology collaborates with SynVista Energy to achieve environmentally friendly and efficient Bitcoin Mining through green energy and energy storage systems. They plan to intelligently schedule power and Computing Power, and put relevant data on-chain to promote the scaling of green mining and the digitalization of real assets.

[Coin World] Have you seen Michael Saylor's latest statement? The founder of MicroStrategy said that whether their company enters the S&P 500 doesn't really matter in the long run.
His logic is quite interesting—now in the realm of digital assets, the traditional financial sector is gradually becoming less resistant. Capital will go where it should, and the market will make its own choices. How a certain index committee decides in the short term cannot change the overall trend.
In simple terms: Those who are optimistic about BTC won't refrain from buying just because the S&P doesn't accept you; you still have to allocate as needed. Money in a free market is the most honest.

[Coin World] The Monad Mainnet is finally live! This time, Ankr Labs has secured a key infrastructure partnership that will provide developers with a complete set of services—RPC endpoints, enterprise-level APIs, and archive nodes. With these tools in place, building applications on Monad should be much smoother. It seems that Monad is really committed to solidifying the developer experience.