Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

December 4: Per LookOnChain monitoring, as the market rebounds, a whale has once again deposited 5,000 ETH (roughly $15.52 million) to Binance. The address still holds an additional 5,000 ETH.

On December 4, Binance founder CZ took to social media to announce: “Welcome to predict.fun, a new prediction market built on the BNB Chain. When users place predictions, their funds won’t sit idle—they’ll generate yield.” The founder of predict.fun worked at Binance a few years ago, and the project is incubated and invested in by YZi Labs.

On December 4, Binance co-founder and co-CEO He Yi posted on social media: “I still serve as Binance’s Chief Customer Service Officer, ready to assist users at any time. Customer Service Xiahe thanks everyone for their support and will keep working hard.” Per GMGN market data (link: https://t.me/gmgnaibot?start=i_m4TE56o8), the meme coin “Customer Service Xiahe” on the BNB Chain—possibly driven by the above news—briefly topped $9 million in market capitalization. It is currently trading at $8.47 million, up 128% over the past 24 hours.

December 4th: A recap of top U.S. stories from last night and this morning 1. November’s U.S. ADP Employment Change came in at -32,000, missing expectations of 10,000. After the data release, the probability of the Fed cutting interest rates by 25 basis points in December dipped slightly to 88.8%. 2. Sources say Trump aides and allies are discussing a personnel move: If Trump taps Haslett as the next Fed chair, current Treasury Secretary Besent could also serve as White House National Economic Council director concurrently. 3. SEC Chairman Paul Atkins said the Cryptocurrency Market Structure Act is poised to pass. 4. Polymarket has officially re-entered the U.S. market and launched its U.S.-specific app. 5. The Franklin Solana Spot ETF is now listed for trading.

Dec. 4 (Bloomberg) — Coinbase Global Inc. CEO Brian Armstrong said Wednesday that some of the largest U.S. banks are partnering with the crypto exchange to run pilot projects focused on stablecoins, custody and trading. “Top banks see this as an opportunity,” Armstrong noted, though he declined to name the specific lenders involved. “Banks that push back against this trend will be left behind.”

On December 4, Solana Mobile announced via official channels that its native token SKR will launch in January 2026. SKR’s tokenomics include a total supply of 10 billion tokens, with the following allocation breakdown: 30% for airdrops, 25% for growth and partnerships, 10% for liquidity and listing, 10% for the community treasury, 15% for Solana Mobile, and 10% for Solana Labs. The token uses a linear inflation model to incentivize early participants to secure the ecosystem via staking and drive platform growth. The first-year inflation rate is 10%, with a decay mechanism that reduces the rate by 25% annually until it stabilizes at a terminal rate of 2%.