Bloomberg: Binance Users Allowed to Reopen Lawsuit Over $80 Million Bitcoin 'Hack'

On December 4, per an official announcement, Coinbase is set to add Beam (BEAM) to its listing roadmap.

On December 4, Ethereum’s second major upgrade of the year—Fusaka—officially went live on the mainnet at 5:49:11 Beijing time (corresponding to Epoch 411392), per official sources. The upgrade spans both the consensus and execution layers, designed to boost Ethereum’s capacity to process high-volume transactions from various Layer 2 networks. It raises the block gas limit to 60 million and sets the stage for future blob parameter adjustments via BPO forks. Industry expectations call for the upgrade to cut Layer 2 fees by 40% to 60%.

Washington, D.C. – December 4 – Trump aides and allies are discussing a potential personnel arrangement: If President Trump appoints Kevin Hassett as the next Chair of the Federal Reserve, current Treasury Secretary Benett could also take on the role of White House National Economic Council (NEC) Director. This move would enable Benett to oversee the Trump administration’s overall economic policy, integrating the Treasury Department’s regulatory powers with White House economic affairs. The specific arrangement has not yet been finalized. A White House official noted that any personnel changes remain speculative until President Trump formally announces them. A representative for the U.S. Treasury Department did not respond to a request for comment. (Source: Jinse Finance)

On December 4, OpenAI’s nonprofit foundation announced it will donate $40.5 million to 208 U.S. nonprofits supporting local communities—marking the AI giant’s largest external charitable commitment to date. The grant aims to “expand AI’s opportunities” and will fund work in three key areas: AI literacy and public understanding, community innovation, and economic opportunity. While it’s OpenAI’s largest nonprofit expenditure to date, the donation represents just a fraction of the foundation’s roughly $13 billion in equity value following its recent corporate restructuring. A recent tax filing reveals the OpenAI Foundation donated $7.5 million last year. (Source: Gold10)

On December 4, the Financial Times reported that bond investors have voiced concerns to the U.S. Treasury over the potential appointment of Kevin Hassett as Federal Reserve chair, fearing he would slash interest rates sharply to curry favor with Trump. Multiple sources said the Treasury held one-on-one talks last November with top executives at major Wall Street banks, asset management giants, and other key players in the U.S. debt market to solicit feedback on Hassett and other candidates. Those conversations were followed by final-round interviews of the candidates by Treasury Secretary Besen.