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Kalshi Co-Founder Lopes Lara Becomes the World's Youngest Self-Made Female Billionaire

36 minutes 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.
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A whale withdrew 17,779 AAVE from Kraken, having accumulated a total of 310,617 AAVE in purchases.

On December 3rd, Onchain Lens monitoring shows a whale withdrew 17,779 AAVE tokens (valued at $3.3 million) from Kraken and deposited them into Aave V3. In total, the whale has purchased 310,617 AAVE tokens (worth $59.34 million). ### Alternative (more concise for crypto alerts): December 3rd: Onchain Lens data reveals a whale withdrew 17,779 AAVE ($3.3M) from Kraken, depositing into Aave V3. This whale’s total AAVE purchases stand at 310,617 tokens ($59.34M) to date.

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The Coinbase Bitcoin Premium Index has returned to a positive value, currently standing at 0.0331%.

As of December 3, Coinglass data shows the Coinbase Bitcoin Premium Index has flipped positive again, currently at 0.0331 (down from -0.0087% the prior day). BlockBeats Note: The Coinbase Bitcoin Premium Index measures the gap between Bitcoin’s price on Coinbase (a major U.S. exchange) and the global market average. It’s a key indicator to track U.S. capital inflows, institutional investment sentiment, and shifts in market mood. A positive premium means Coinbase’s Bitcoin price is above the global average, typically signaling: strong U.S. buying interest, active entry of institutional or regulated funds, ample USD liquidity, and generally bullish investor sentiment. A negative premium means Coinbase’s price is below the global average, often reflecting: heavy selling pressure in the U.S. market, declining investor risk appetite, rising risk aversion, or capital outflows.

1 minutes ago

The PENGU project team has transferred a total of 38.811 billion PENGU tokens to a CEX address since mid-July.

On December 3, on-chain analyst Yu Jin reported that the token deployment address linked to the PENGU project has been transferring roughly $3 million worth of PENGU tokens to multiple centralized exchanges (CEXs) every few days—with the latest transfer taking place earlier today. Since mid-July through now, the team has moved a total of 3.8811 billion PENGU tokens (valued at $108 million). This timeframe coincides with PENGU’s price decline: from its second peak of $0.04 during the recent bull run to $0.01 as of today.

1 minutes ago

NewGen: As of November 28, has purchased 13,000.23 SOL

Nasdaq-listed NewGenIvf Group Limited (NewGen) announced in its latest financial filing on December 3 that as of November 28, the company holds 13,000.23 SOL and has joined a $100 million gold-backed asset tokenization project. The filing also shows NewGen posted a net profit of $17.5 million in the third quarter. Additionally, the company’s board of directors has approved a 24-month, $2 million stock repurchase program.

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Bithumb will list BOB and TRAC KRW trading pairs

On December 3rd, Bithumb will list BOB and TRAC KRW trading pairs, per an official announcement.

1 minutes ago

JGB Yields Rise as Market Focuses on This Week's Economic Data

December 3: Japanese government bond (JGB) yields rose as markets continue to price in a potential rate hike from the Bank of Japan (BOJ). The BOJ’s Policy Board is set to meet December 18-19 for its final monetary policy decision of the year. To assess the economy’s strength, investors will closely watch key economic indicators, including Friday’s household spending data. Two-year JGB yields climbed 1 basis point to 1.015%, while 10-year yields rose 2 basis points to 1.875%. (Forex Live)

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