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GANA Payment has announced that they will fully compensate $3.1 million and will restart operations on December 2nd.

42 minutes ago

**December 2, 2025** GANA Payment has been officially confirmed to relaunch on December 2, 2025, per official sources. The GANA Foundation will fully reimburse all affected users for the $3.1 million in assets stolen during a prior security incident, ensuring users face no losses and full asset coverage. The official announcement further notes that once the relaunch is complete, the project team will relinquish all contract permissions, allowing GANA Payment to fully transition to a decentralized governance model. GANA is a PayFi payment infrastructure built on the BNB Chain. It delivers a simple, secure, and sustainable on-chain payment experience for global users via stablecoin settlement, LP settlement mechanisms, and an on-chain verifiable Proof-of-Pay model.
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Binance will list a USDT-margined RLS perpetual contract

December 2: Binance to List U-based RLS Perpetual Contract

3 minutes ago

Hong Kong SFC: Beware of Suspicious Investment Products "9M AI Stable Fund" and "9M AI Strategy Fund"

On December 2, Hong Kong’s Securities and Futures Commission (SFC) updated its list of suspicious investment products, alerting the public to steer clear of two offerings: the “9M AI Stable Fund (9M AI Fund)” and the “9M AI Strategy Fund (9M AI Strategy Fund).” These funds claim to involve virtual asset-related investment strategies, along with other perks—including referral rewards via a VIP rewards program. The associated websites for both funds have been added to the SFC’s alert list.

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Willy Woo: The cycle likely has peaked, M2 growth not necessarily driving Bitcoin higher

Crypto analyst Willy Woo took to social media on December 2nd to share: “Don’t assume M2 (broad money supply) growth will definitely push Bitcoin higher. Late in market cycles, Bitcoin often leads M2 trends. My view: Based on capital flow models for Bitcoin and the crypto space, we’ve most likely already hit the peak.” He added: “Fed rates are falling and money is being printed—you’d expect global M2 to rise. But if global investors are buying dollars instead of risk assets, the dollar will strengthen, and dollar-denominated global M2 will drop.”

3 minutes ago

Monad Chain Meme Coin CHOG Recovers from Yesterday's Decline, Registers Nearly 60% Gain in 24 Hours

On December 2nd, per GMGN monitoring (via this link), CHOG—a meme coin on the Monad blockchain—briefly dipped below a $2.5 million market cap yesterday before continuing to climb. Over the past 24 hours, it has surged roughly 60%, with a current market cap of around $4.1 million and a price of about $0.0041. The token has recovered from yesterday’s decline and is now the largest meme coin on the Monad chain. BlockBeats advises users that meme coins are prone to extreme price volatility, often driven by market sentiment and hype, with no inherent value or practical use case. Investors should exercise caution and be aware of the significant risks involved.

3 minutes ago

Crypto KOL paulwei has publicly shared his live trading on Hyperliquid, and recently placed a buy order in pyramid pattern to go long on BTC.

**December 2nd Update** Per on-chain AI analysis tool CoinBob (@CoinbobAI_bot), crypto KOL paulwei transferred ~$100,000 to Hyperliquid on November 16, then opened a 2x leveraged long position on BTC via a pyramid order. His long position currently spans the $72,600–$83,500 range, representing ~75% of his account’s total capital. Orders are partially filled, with the current position size at ~$11,000. Additionally, the trader has allocated 18% of his capital to a short position spanning $93,600–$99,000. Background: paulwei previously grew 1.8 BTC to over 80 BTC in two years starting May 1, 2020. His initial capital for this live Hyperliquid trade is ~1 BTC.

3 minutes ago

Unlimit Launches Stablecoin Decentralized Clearing Platform Stable.com

On December 2, CoinDesk reported that fintech firm Unlimit has launched Stable.com — a decentralized clearing platform built exclusively for stablecoins. Users can trade major stablecoins without GAS fees or any costs, while retaining full control of their funds.

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