Sushi CEO Announces Resignation to Become Advisor, Solidity.io Founder Alex McCurry to Take Over as CEO

First Digital Group, the issuer of stablecoin FDUSD, plans to go public via a merger with a special purpose acquisition company (SPAC), Bloomberg reported Thursday, Dec. 1, as cryptocurrency firms seek listings in more favorable regulatory environments. The Hong Kong-based firm is set to announce a non-binding letter of intent (LOI) outlining the merger with New York-listed SPAC CSLM Digital Asset Acquisition Corp III, according to anonymous sources familiar with the matter. Further details have not been disclosed.

**December 1 — Hats.finance announced it is phasing out its custodial operations, per official sources.** The protocol said following a review, sustaining its centralized user interface (UI) and server operations is no longer viable. There is no new legal or operational framework in place to support its existing custodial tech stack moving forward. Since 2021, Hats.finance has stood by the principle that “a decentralized market should have decentralized security safeguards.” That vision has not aligned with reality, however. Its smart contract security budget failed to grow in line with the expansion of the DeFi ecosystem as anticipated. Meanwhile, the rapid rise of AI security tools and growing maturity of secure, reusable smart contract building blocks have cut market demand for protocols like Hats, leaving the HATS token without long-term sustainable value backing. **Key next steps:** - Hats’ custodial front-end (UI) and back-end (server) will go offline by December 31, 2

On December 1st, Adam—a researcher at Greeks.Live—posted on social media that the English-speaking crypto community faced a bearish shock: the market plummeted sharply during Sunday night’s monthly close, leaving call option buyers in the red and sparking concerns over further downside. Traders flagged $83,000 as the next key support level, noting no significant buy orders lie above it. While some remain cautiously optimistic Bitcoin (BTC) will notch a new all-time high again, the timing remains uncertain.

On December 1, market data shows the three major U.S. stock indexes opened lower, while cryptocurrency-related stocks posted a broad decline. Key decliners include: - Coinbase (COIN): -3.09% - Circle (CRCL): -1.01% - MicroStrategy (MSTR): -6.15% - Bullish (BLSH): -6.67% - Bitmine (BMNR): -7.91% - SharpLink Gaming (SBET): -8.19% - BTCS (BTCS): -4.09% - BNB Network Company (BNC): -5.69% - ALT5 Sigma (ALTS): -6.68% - American Bitcoin (ABTC): -8.49%

Whale Alert: USDC Treasury mints 100M USDC on Ethereum at 22:46 Beijing Time, Dec 1. ### 说明： 1. **语言习惯适配**： - 用 `Whale Alert: ...` 替代冗长的 `according to Whale Alert monitoring`，符合美国快讯“直接引述监测方+核心信息”的简洁风格； - 数字用 `100M`（而非 `100 million`），是美国金融/加密领域的常见缩写； - 日期简化为 `Dec 1`（无需加 `st`，美式快讯常用缩写）。 2. **信息完整保留**： 覆盖所有核心要点：时间（12月1日、北京时间22:46）、监测方（Whale Alert）、行为（USDC财政部铸造）、金额（1亿USDC）、网络（以太坊）。 3. **表述自然度**： 动词用 `mints`（一般现在时表即时快讯，符合美式新闻时态习惯），结构清晰无冗余。

On December 1, White House Crypto and AI Czar David Sacks publicly pushed back against *The New York Times*’ investigation into his conduct as the administration’s lead on AI and cryptocurrency, dismissing the months-long effort as chasing baseless allegations. Sacks issued a social media statement claiming *The Times* assigned five reporters this summer to probe conflicts of interest between his government role and tech industry background. “Through so-called ‘fact checks,’ they landed on accusations we thoroughly refuted,” he wrote. “Anyone reading this piece closely will see they’ve cobbled together anecdotes that don’t back the headline—exactly their intent.” The contentious November 30 *Times* article—headlined “The Silicon Valley Man in the White House: Profiting for Himself and Pals”—alleged Sacks leveraged his dual roles as White House AI/crypto lead and prominent tech investor to push policies benefiting AI and crypto assets, to the advantage of himself and his extensive