Suspected Bitmine purchased 18,345 ETH 4 hours ago

On Dec. 3, Forbes reported that 29-year-old Lopes Lara has become the world’s youngest self-made female billionaire—surpassing 31-year-old Scale AI co-founder Lucy Guo, who claimed the title from Taylor Swift back in April. Lara and Kalshi co-founder Mansoor both grew up in Lebanon, met at MIT, and were part of the same international student circle, taking overlapping courses and majoring in computer science. In 2018, both interned at Five Rings Capital in New York, where they bonded closer. One evening, on their way back to their financial district internship apartment, they came up with the idea to launch a prediction market. Prior to this news, Kalshi raised $1 billion at a $10 billion valuation. The funding round was led by Paradigm, with investors including Sequoia Capital, a16z, and Y Combinator.

On December 3rd, data from the Coinbob Popular Address Monitor (via Telegram’s @Coinbob_track_CN) shows the crypto market saw a slight rebound today, with top whales on Hyperliquid reactivating—several added to short positions. Details below: - **pension-usdt.eth**: Opened a 3x leveraged BTC short at 3AM ET today, with a position size of ~$91M (average entry: $92k). Closed BTC/ETH shorts opened within yesterday’s intraday range (holding period <3hrs). Now Hyperliquid’s largest BTC short holder. - **Calm Order Opener**: Opened shorts on BTC, ZEC, SOL at 12AM ET yesterday (total size: ~$7.2M). Unrealized gains (PnL) are primarily from the ZEC short: $150k (214%), with partial profits taken in the past 2hrs. Also, completely closed BTC/ETH/SOL shorts at 3PM ET yesterday, realizing ~$250k in profits. - **Ultimate Bear**: Closed a $30.17M BTC short today; current BTC short size: ~$81M. Unrealized PnL: $17.36M (542%); liquidation price: $101k; added $3M in margin today. Now Hyperliq

On December 3rd, prominent cryptocurrency analyst @IamCryptoWolf took to Platform X with a key market call: If the bull market has concluded, Ethereum (ETH) should struggle to hold above the $3,700 level—identified as the inverse head - and - shoulders (iHS) neckline—marking the end of its recent bounce. Conversely, should the bull run still be in play, ETH is poised to break through $3,700 decisively and surge sharply higher. @IamCryptoWolf first shared his market analysis on TradingView back in 2014. With over 113,000 followers on Platform X, the analyst had previously noted in early November: “Ethereum is set for a correction this month. If it drops below $3,100, a bear market will officially begin.”

**Stable Launches STABLE Tokenomics Framework** On December 3, Stable rolled out its STABLE tokenomics, featuring a fixed total supply of 100 billion tokens—**no gas fees apply**. Token allocation breakdown: - **Genesis Distribution (10%)**: Earmarked for early liquidity support, community activation, ecosystem events, and strategic launch distribution. - **Ecosystem & Community (40%)**: Allocated to developer grants, liquidity programs, partnerships, community initiatives, and ecosystem growth. - **Team (25%)**: Reserved for the founding team, engineers, researchers, and key contributors. - **Investors & Advisors (25%)**: Set aside for strategic investors and advisors supporting network development, infrastructure, and promotion. ### Notes on U.S. language habits: 1. **Date format**: Uses "December 3" (omits "3rd" for brevity, standard in U.S. media/quick updates). 2. **Conciseness**: Replaced redundant phrases (e.g., "the total supply is fixed" → "fixed total supp

December 3 – According to News1, as South Korea’s government and National Assembly draft the second phase of digital asset (virtual asset) legislation, a key direction is limiting stablecoin issuers to consortia of banks holding a 51% stake. The solution currently under discussion would award stablecoin issuance rights to such bank consortia, and the Democratic Party’s Digital Asset Special Task Force (TF) also leans toward this approach. Previously, Korean banks pushed for bank-led stablecoin issuance restricted to the banking system, while some National Assembly members argued the space should be open to fintech and blockchain firms. The government’s draft bill must be submitted by no later than December 10, with the goal of launching formal discussions by the end of this year and finalizing the legislation by January next year.

On December 3rd, HyperInsight’s monitoring data shows that "Mahjong" trimmed its ETH long positions in small increments and added to its HYPE long positions this morning. As of press time, its 25x ETH long position totals 8,288.888 coins, while its 10x HYPE long position stands at 10,000 coins. The overall unrealized gain on its long positions in this round has reached $920,000.