Market
Stablecoins
Tether’s circulating supply increased by 4.5 billion USDT in November
The company told CryptoSlate it was also building new financial products set to be launched next year.
Hacks
Nearly 70% of November’s $350 million crypto hacks linked to Justin Sun entities
PeckShield cites a tenfold increase in November crypto thefts with Justin Sun's platforms at the center.
Regulation
Circle denies terror finance allegations and ties to Justin Sun
Circle said it does not finance illicit actors like Hamas, directly or indirectly, and highlighted its compliance with the necessary financial laws.
Crypto
AntPool to refund record $3.1M Bitcoin transaction fee after costly user mistake
The mining pool said the owner of the misplaced 83 BTC must verify their personal identity before Dec. 10.
Bankruptcy
Celsius initiates withdrawals for eligible custody users amid app glitches and login woes
Several Celsius users are lamenting about the challenges they are facing using the platform.
Bankruptcy
FTX seeks court approval to slash US IRS’s $24B claim to zero
FTX said the IRS claims are far from reality after it previously reduced the claim by $20B.
AI
Sam Altman retakes OpenAI helm with a reshaped board featuring Microsoft visibility
Microsoft has secured a non-voting observer seat on OpenAI's new board.
Exchanges
Philippines SEC says Binance operates without the ‘necessary license’ in its jurisdiction
Binance faces regulatory issues across multiple jurisdictions.
DeFi
Solana DeFi achieves 204% YTD growth amid 10% SOL price rally
Solana reclaimed the $60 level during the last 24 hours.
Tokenization
Arax Holdings launches CBC20 Core Token to fuse real-world assets with crypto ecosystem
Arax Holdings expects the market for tokenized asset to hit as much as $4 trillion by 2030.
Regulation
Spain mandates disclosure of foreign-held crypto assets over €50,000 for tax purposes
Spain is looking to ensure effective taxation of cryptocurrency holders within its jurisdiction.
Exchanges
Coinbase users informed of subpoena by CFTC in suspected connection with Bybit inquiry
Coinbase said it was requested to provide information about its users' account and their transaction activity.