‍Ourbit SuperCEX Launches "Cosmic Wheel" Event with 2.5 Million USDT Prize Pool Ourbit SuperCEX has initiated its year-end celebration, the "Cosmic Wheel" campaign, offering a total prize pool of 2,500,000 USDT and exclusive NFTs. The event runs from December 3 to December 17, 2025. Participants can engage through various activities including Futures trading, daily tasks, and friend invitations to earn rewards, Fortune Draw chances, and Limited NFTs. A key component is "The Futures War," a team-based competition with up to 2,000,000 USDT in prizes. Additionally, "The Fortune Draw" features a 500,000 USDT prize pool distributed across two phases. Innovative NFT rewards include commemorative and limited editions, with holders eligible for future token airdrops and platform benefits.
‍XBO.com Launches Tokenized Stocks on Spot Trading Platform XBO.com has integrated tokenized stocks into its Spot Trading platform, allowing users to buy and sell shares of major global corporations like NVIDIA, Apple, and Tesla. These stocks are backed 1:1 by real company shares and available through USDT pairs, enabling 24/7 trading without additional brokerage accounts. Users can also trade fractional shares starting from $3, making equities more accessible. Lior Aizik, Co-Founder & COO at XBO.com, stated, "Tokenized equities are the future, and XBO plans to be the exchange that defines that future." The platform intends to further expand by offering Contracts for Difference (CFDs) for advanced traders.
‍Binance Junior: A Tool for Youth Crypto Education or Irresponsible Move? Binance has launched Binance Junior, a new app allowing parents to control cryptocurrency accounts for users aged 6-17. The platform offers parental controls for deposits, spending limits, and Earn products. The crypto community is divided: some praise it as a step toward mainstream adoption and financial literacy, while others criticize it as irresponsible and a "targeting" of children. Binance states the app aims to educate, but jurisdictional regulations may limit features.
‍Decentralized Exchange Ostium Secures $20M to Bridge RWA Trading Globally Decentralized exchange Ostium has successfully closed a $20 million Series A funding round, led by General Catalyst and Jump Trading. The platform specializes in perpetual contract trading for real-world assets (RWAs), including commodities and stocks, targeting overseas investors seeking transparent access to U.S. markets. With a post-money valuation of approximately $250 million, Ostium aims to democratize access to global markets through decentralized technology, offering an alternative to traditional brokerage platforms.
‍Bank of America Recommends Crypto Allocation for Wealth Clients Bank of America's wealth division is now recommending a 1% to 4% allocation to cryptocurrencies for its clients. This significant move integrates digital assets into model portfolios, following Vanguard's recent expansion of crypto ETF access. The endorsement signals a growing acceptance of virtual currencies in traditional finance. Chris Hyzy, CIO of Bank of America Private Bank, stated that a modest allocation may be appropriate for investors comfortable with volatility and interested in thematic innovation. The market responded positively, with Bitcoin seeing a 2% increase and Ethereum and Solana jumping 9-10%. This follows Fidelity's previous recommendations for Bitcoin allocations.
‍Ethereum Treasury Investments Plummet 81%, Whales Continue Accumulation Investments in Ethereum by digital asset treasuries (DATs) have dropped 81% in three months. Despite this trend, major players continue to acquire billions in ETH. BitMine Immersion Technologies recently bought 679,000 ETH, valued at $2.13 billion, while Republic Technologies secured $100 million for future Ether purchases. This indicates a market shift with receding smaller institutional investments and sustained accumulation by large entities.
‍Georgia Eyes Hedera for Property Rights and Real Estate Tokenization Georgia's Ministry of Justice has signed an MoU with Hedera to explore bringing its land registry on-chain and tokenizing real estate. This collaboration aims to enhance transparency, security, and protect property rights through distributed ledger technology. A joint working group will define implementation steps.
‍Crypto M&A Surges Past $8.6 Billion in 2024 2024 has seen an unprecedented surge in cryptocurrency mergers and acquisitions, reaching an all-time high exceeding $8.6 billion by November 20th. This growth is driven by market optimism, clearer regulatory frameworks in the U.S., and expectations of falling interest rates, pushing major crypto companies into expansion mode. Key players like Coinbase, Kraken, and Ripple Labs are actively shaping this consolidation trend.
‍Australian Bitcoin Group Challenges ABC's Crypto Coverage The Australian Bitcoin Industry Body (ABIB) has filed a formal complaint with the Australian Broadcasting Corporation (ABC), alleging factual errors and biased framing in recent cryptocurrency reporting. ABIB contends that ABC News misrepresented Bitcoin's purpose, conflated it with criminal activity, and omitted crucial use-cases such as energy-grid stabilization and humanitarian remittances. The complaint targets reporting that questioned Bitcoin's utility and suggested its role was usurped by stablecoins. The ABIB is calling for corrections and a commitment to more informed, responsible reporting on digital assets. This follows a period of significant market activity, with Bitcoin recently recovering to $92,972.
‍Gensler: Bitcoin is a Commodity, Most Other Crypto Highly Speculative Former SEC Chair Gary Gensler reiterates his view that Bitcoin possesses commodity-like traits, contrasting it with the "highly speculative" nature of most other digital assets. In a recent Bloomberg interview, Gensler emphasized the lack of traditional fundamentals for thousands of tokens, warning investors about the inherent risks. Gensler's tenure at the SEC (2021-2025) saw a significant enforcement focus, with many tokens classified as unregistered securities. His remarks highlight the ongoing debate on crypto regulation and investor protection.