Justin Sun's associated address withdrew 100 million TRX and 5 million USDT from Binance

On December 3rd, meme token Bibi (on the BNB Chain) briefly topped a $13 million market capitalization, per GMGN data. It now trades at $11 million, with a 522% 24-hour price surge and $8.5 million in 24-hour trading volume. In a November 29, 2025 official announcement, Binance clarified that “Bibi” is the name of its AI assistant—designed to condense crypto whitepapers into 30-second-or-shorter summaries, helping users quickly grasp a project’s core concepts, tokenomics, and ecosystem. **This token is merely a meme coin sharing the same name and is not officially issued by Binance.** BlockBeats warns users: Meme coins often lack practical use cases, face extreme price volatility, and carry significant risk for investors.

On December 3rd, the Cardano (ADA) Foundation announced the appointment of Stephen Wood as its Chief Financial Officer (CFO). In his new role, Wood will lead the finance team while overseeing financial strategy, core processes, fund management, and risk management. Previously, Wood served as CFO and Executive Committee member at digital asset infrastructure firm Copper.co. He brings over 20 years of experience leading finance functions for high-growth, complex organizations—with a background spanning both traditional finance and the digital asset space.

On December 3rd, Binance Alpha will open airdrop claims at 9:00 PM today (UTC+8). Users holding at least 242 Alpha points are eligible to claim tokens on a first-come, first-served basis—until the airdrop pool is exhausted or the event concludes. More details will be announced soon.

**On December 3rd, DefiLlama data shows:** Perpetual (Perp) DEX trading volumes dipped slightly over the past 24 hours. Lighter led in 7-day trading volume, while Hyperliquid’s volume fell nearly 30%. Current partial Perp DEX metrics are as follows: - **Lighter**: 24h volume ~$10.89B | TVL ~$1.24B | Open interest ~$1.75B - **Aster**: 24h volume ~$9.49B | TVL ~$1.44B | Open interest ~$2.51B - **Hyperliquid**: 24h volume ~$7.28B | TVL ~$4.33B | Open interest ~$6.37B - **EdgeX**: 24h volume ~$6.34B | TVL ~$419M | Open interest ~$804M - **ApeX**: 24h volume ~$2.53B | TVL ~$47.35M | Open interest ~$32.46M - **Backpack**: 24h volume ~$1.52B | TVL undisclosed | Open interest ~$2.02B - **Variational**: 24h volume ~$1.22B | TVL ~$72.86M | Open interest ~$3.66B - **Pacifica**: 24h volume ~$754M | TVL ~$41.43M | Open interest ~$55.53M (Note: Links to platforms remain as referenced in the original content.)

On December 3rd, Babylon announced a partnership with decentralized lending protocol Aave to enable native Bitcoin as collateral on Aave V4—no wrapped tokens or custody intermediaries required. Under the collaboration, Babylon’s trustless vault will integrate with Aave’s “centaur” architecture, letting users deposit native BTC on the Bitcoin base layer and borrow assets like stablecoins from Aave’s market. Testing is slated to kick off in early 2026, with the full product launch planned for April of that year.

December 3rd — Per Lookonchain monitoring, Trader 0xFC78, who held a 9-trade winning streak, has recently closed his last two trades in losses. All of his previously accumulated profits (over $1.78 million) have evaporated, and he has lost an additional $117,000 of his principal. He now appears to be engaging in "revenge trading" with the following positions: - BTC: 30x leverage short, 200 BTC ($17.5 million) - ETH: 20x leverage short, 5,000 ETH ($15.26 million) Liquidation prices: - BTC: $94,721.61 - ETH: $3,229.41