‍Curve Founder Seeks $6.6M CRV Grant for 2026 Protocol Development Curve Finance founder Michael Egorov has proposed a grant of 17.45 million CRV tokens ($6.6 million) to fund research, development, and ecosystem growth for the lending protocol in 2026. The funds are requested by Swiss Stake AG, the development entity behind Curve. Key objectives for 2026 include scaling Llamalend, creating an on-chain foreign exchange mechanism, and improving the user interface. The grant will also support smart contract maintenance, cross-chain integrations, and DAO infrastructure. While Swiss Stake AG has generated some revenue, it has not yet achieved self-sustainability. If approved, bi-annual reports on fund usage will be provided.
‍Chinese Yuan Hits 14-Month High, Impacting Crypto The Chinese Yuan has strengthened significantly, reaching a 14-month high against the US dollar. This development, supported by the People's Bank of China's stabilization policies, could influence cryptocurrency markets. Historically, a weaker yuan has prompted Chinese investors to move capital into Bitcoin for hedging. A strengthening yuan might reduce this incentive, though Chinese investor interest in crypto remains substantial. China's continued development of its digital yuan (e-CNY) underscores its interest in digital economy infrastructure, despite strict regulations on decentralized cryptocurrencies. The interplay between major economies' monetary policies and digital asset flows remains a key factor for investors. The yuan's trajectory and China's blockchain ambitions will continue to shape the global crypto landscape.
‍Prysm Client Bug Causes Ethereum Network Disruption, Valued at 382 ETH A bug in the Prysm consensus client led to significant performance issues, missed blocks, and an estimated loss of 382 ETH in attestation rewards for validators on December 4th. The incident, occurring after the Fusaka network upgrade, caused resource exhaustion in Prysm nodes, leading to a drop in network participation. This event underscores the critical importance of client diversity on the Ethereum blockchain. While the disruption was considerable, the use of multiple consensus clients prevented a more catastrophic failure, such as a temporary loss of finality. The community is renewing its focus on decentralization, urging validators to adopt a wider range of clients.
‍North Korean Hackers Steal $300M via Fake Zoom Meetings North Korean hackers have reportedly stolen over $300 million in cryptocurrency using a sophisticated scheme involving fake Zoom meetings. Victims were tricked into downloading malware disguised as an audio patch file to resolve purported technical issues during the calls. Security experts urge anyone who clicked a suspicious link to immediately disconnect and power down their device, transfer assets to a new secure wallet, and change all passwords, enabling 2FA. Vigilance against unsolicited links and file downloads is crucial.
‍TestMachine Secures $6.5 Million for AI-Powered On-Chain Security Platform TestMachine, an AI-driven blockchain security firm, has raised $6.5 million to expand its on-chain security platform, Predator. The funding round was co-led by BlockChange Ventures, New Form Capital, Decasonic, and Delphi Digital. Predator offers real-time security monitoring for digital assets and is integrated with Coinbase's CEX and DEX. The platform has demonstrated high accuracy in identifying token risks.
‍Exor Rejects $1.1 Billion Takeover Bid for Juventus FC from Tether Exor, the Agnelli family's holding company, has rejected a $1.1 billion unsolicited takeover bid from stablecoin issuer Tether for Juventus Football Club. The offer, which included a 21% premium, was unanimously dismissed by Exor's board. Tether, already a significant shareholder, aimed to acquire Exor's 65.4% stake and inject an additional $1 billion for club development. However, Exor CEO John Elkann stated, "Juventus, our history and our values are not for sale," highlighting the family's 102-year commitment to the club.
‍Satoshi's Bitcoin Stash: Quantum Threat Debate A recent discussion on social media explored the potential impact of quantum computing on Bitcoin's security, particularly concerning Satoshi Nakamoto's estimated 1 million BTC. Analyst Willy Woo suggests that a quantum-induced "flash crash" would be a buying opportunity for long-term holders. Older P2PK addresses, holding around 4 million BTC including Satoshi's, are theoretically vulnerable. However, newer wallet formats are more secure. Experts like Adam Back estimate quantum computers capable of breaking current encryption are decades away, providing ample time for Bitcoin to adopt post-quantum cryptography.
‍Aave Governance Dispute: CoW Swap Fees in Question A significant governance clash has emerged within Aave. The Aave DAO is in conflict with Aave Labs, its primary development entity, over allegations that revenue from a CoW Swap integration is being diverted away from the DAO's treasury. A pseudonymous delegate, EzR3aL, presented on-chain analysis suggesting fees from CoW Swap swaps are flowing to a private Aave Labs address, potentially costing the DAO over $10 million annually. Aave Labs argues they have the right to monetize the interface they develop and fund, stating the switch to CoW Swap was for user benefit and MEV protection, not revenue. However, many community members contend that revenue from DAO-funded development should belong to the DAO. This dispute raises critical questions about revenue ownership and transparency in decentralized governance.
‍Whale.io Launches $WHALE NFT Collection on Solana Ahead of Token Generation Event Whale.io has released its $WHALE NFT collection on the Solana blockchain. This initiative introduces a pre-market phase for the platform's native token, leading up to the Token Generation Event (TGE). Each $WHALE NFT is a tradable digital card backed 1:1 by $WHALE tokens locked on-chain, redeemable at any time. The NFTs can be minted at mintwhale.io and traded on secondary marketplaces like Magic Eden. The $WHALE token is used for gameplay, Battlepasses, and staking rewards on the Whale.io platform, with plans for further utility expansion post-TGE. The project also commits to regular token buybacks and burns to support long-term token value.
‍HashKey Group Pursues Landmark Hong Kong Crypto IPO HashKey Group is set to become the first fully crypto-native company to list on the Hong Kong Stock Exchange, aiming to raise up to $215 million. Trading is anticipated to begin on December 17, 2025. The company operates a comprehensive digital asset ecosystem including its SFC-licensed HashKey Exchange, HashKey Cloud (a major institutional staking service in Asia), and an asset management division. Despite significant revenue growth from $16.5 million in 2022 to $92.4 million in 2024, the firm has reported widening net losses due to investments in technology and compliance. Proceeds from the IPO will fund technology upgrades, market expansion, and operational strengthening, underscoring HashKey's ambition for global leadership in the digital asset infrastructure sector.