SEC Chairman: Will Amend Rules to Help Curb Litigation, Boost IPO

**December 2 – Per LookOnChain monitoring, a crypto trader holds a 100% win rate. Over the past 11 days, the trader has executed 9 trades, netting $2.12 million in profits. Currently, they’re shorting 500 Bitcoin (valued at roughly $43.88 million) with 40x leverage, with a liquidation price of $93,392.53.**

On December 2, Binance founder Changpeng Zhao (CZ) took to social media with this prediction: "More all-time highs are coming soon. I just don’t know exactly when."

**Circle Launches Foundation to Boost Global Financial Resilience & Inclusivity** On December 2, Circle announced the launch of the Circle Foundation—a new charitable initiative focused on advancing financial resilience and inclusivity in the U.S. and worldwide. Funded by Circle’s “Pledge 1%” equity commitment (part of a global program uniting thousands of companies to donate a portion of their equity and resources to charitable causes), the foundation will support organizations strengthening the daily financial systems people rely on. This includes groups backing U.S. small businesses and those modernizing international humanitarian aid infrastructure. In its initial phase, the Circle Foundation will prioritize enhancing financial resilience for U.S. small businesses. These businesses employ nearly half of America’s private-sector workforce and drive over 40% of domestic GDP, yet many struggle to access affordable financing, digital tools, and the capital readiness needed to

On December 2nd, on-chain analytics firm Coinbob announced the official launch of its new tool, Coinbob Pacifica (@CoinbobPAC_bot). This tool tracks and enables copy-trading of on-chain addresses on Pacifica—Solana’s ecosystem DEX. To boost user experience, Coinbob Pacifica also supports tracking addresses on the Hyperliquid platform, letting users follow moves from top traders. Users earn Pacifica Points via accumulated trading volume, unlocking dual perks: strategy returns and incentive points. Pacifica was co-founded in January 2025 by three people, including Jose—ex-FTX COO and founder of NFTperp. The platform launched its mainnet successfully on June 10th this year and now has over 32,700 users. Its points program launched less than six months ago: current total supply is ~153 million points, with 10 million distributed every Thursday.

Dec. 2 — Prediction market Kalshi has closed a $1 billion funding round, with the company now valued at $11 billion, per market sources.

December 2nd: Per monitoring from HyperInsight (https://t.me/HyperInsight), the address linked to "Big Brother MaJi" (Huang Licheng) has just opened another long position on HYPE. Currently holding 6,000 HYPE (≈$192k) with 10x leverage, at an average entry price of $31.97.