Linera Launches Babbage Testnet

Smart trader wyzq.eth fully exited $RAVE 17 hours ago, locking in a profit of over $100K. He spent $120K to buy 553K $RAVE at an average price of $0.22, then sold all 553K $RAVE($220K) at an average of $0.4 — a $100K gain (+83%).

Hong Kong Economic Daily reported on December 15 that the alleged fraud case linked to JPEX, a virtual asset trading platform, has seen a new development. Eight defendants face multiple charges, and the case has been adjourned to March 16, 2026 for a retrial. The eight defendants include former TVB actor Zheng Junxi (31), Siu Wing-him (28), Lam Zuo (35), internet celebrity Chen Yingyi (38) (known online as "Chen Yi"), Au Chak-ki (31), Chiu King-yin (25), YouTuber Leung Kei-cheung (31) (who goes by "Xiang Xiang" online), and Ho Ki-man (28). Charges against them include conspiracy to defraud, fraud, fraudulently or recklessly inducing others to invest in virtual assets, and dealing with property representing proceeds of a felony—knowing or believing it to be such proceeds. Zheng Junxi did not apply for bail; the other seven defendants were granted bail under their original conditions, which bar them from leaving Hong Kong and require them to surrender all travel documents.

December 15 — Per data from The Data Nerd, Singapore’s DBS Bank received 2,000 ETH from Galaxy Digital seven hours ago, with the transfer valued at roughly $6.27 million. As of now, the bank holds 158,770 ETH (valued at ~$499 million) and 7,861 BTC (worth around $706.5 million).

On December 15, per an official announcement, Bitget has launched the USDT-based RAVE perpetual contract, with leverage options ranging from 1x to 20x. Contract trading bots will go live simultaneously.

On December 15, PolyBeats News reported that user X (handle: skizoexe) shared a screenshot confirming the Gemini model codenamed “fierceFalcon” — previously spotted in the LM Arena blind test — is the upcoming Gemini 3.0 Flash. Historical data shows the prior three Gemini Flash iterations launched roughly every six months. The public-facing Gemini 2.5 Flash dropped on June 17, 2025, putting its successor — Gemini 3.0 Flash — in its expected release window. Currently, prediction markets peg the probability of Gemini 3.0 Flash launching by December 18, 22, or 31 at over 90% for all three dates.

MGBX will launch its **"Final Chapter Exclusive Gift Pack" limited-time event** starting December 15th, 2025 (Singapore Time, SGT). The event runs through December 31st, 2025, and is exclusive to newly registered users. New users who complete tasks—including real-name authentication, account recharge, and contract trading—**within 7 days of signing up** will unlock rewards incrementally. The top reward is up to **6,888 USDT in contract trial funds**, and all eligible rewards are cumulative (users can claim all rewards they qualify for). ### Notes on American English adaptation: 1. **Conciseness**: Used active, direct phrasing ("will launch" instead of passive structures). 2. **Clarity**: Added "Singapore Time" next to SGT (Americans often prefer explicit time zone labels). 3. **Task framing**: Used em dashes to list tasks (more readable than commas for short, distinct items). 4. **Reward clarity**: Emphasized "incrementally" (instead of "one after another") and added a paren