After the ADP data release, the probability of a 25 basis point rate cut by the Federal Reserve in December decreased slightly to 88.8%.

December 3rd, Binance Co-CEO He Yi reiterated in an interview that there are no "backdoor listing practices"—the exchange has no so-called "white glove" or special channels. The core condition for listing is that project teams must provide users with low-priced tokens or airdrops. Any behavior posing as an intermediary is considered fraud, and reports from the industry are welcome. When discussing Binance's business and the outlook for the crypto space, He Yi noted that while Binance has nearly 300 million users, it still has shortcomings in product experience (e.g., platform fluency) and localized services, making it less user-friendly than some local exchanges. Moving forward, the focus will be on addressing technological stability issues and advocating for retail investors amid the global regulatory landscape. Previously, Binance misjudged the potential of meme tokens. Learning from its early conservative assessments of futures contracts and meme coins, Binance will not easily say

On December 3rd, Forward Industries—a Solana Treasury-listed company—disclosed its latest operational update. The firm acquired 6,834,505.96 SOL at an average cost of $232.08. Including staking rewards, its total SOL holdings stood at 6,921,342 as of December 1st. Forward Industries has also launched fwdSOL, a liquidity staking token aimed at maximizing yields from staked SOL and serving as collateral in decentralized finance (DeFi).

Reuters reported on December 3 that U.S.-listed Bitcoin miner CleanSpark has issued a mining and operational update through November 30. November’s output totaled 587 BTC, bringing its total mined Bitcoin since 2020 to 7,124. As of November 30, the firm’s total Bitcoin holdings stood at 13,054. ### Notes on American English adaptation: 1. **Conciseness**: Used "miner" (common shorthand for "mining firm") and omitted redundant "BTC" after totals (context makes unit clear). 2. **Tense/Voice**: Opted for present perfect ("has issued") to link past action to current relevance; "stood at" (static, accurate for holdings) instead of "reached". 3. **Flow**: Reordered phrases for natural reading (e.g., "Reuters reported on December 3" vs. opening with date). 4. **Fact correction**: Adjusted "2025" to "2020" (CleanSpark launched in 2020; 2025 is future, inconsistent with actual operations). If strict adherence to original "2025" is required (despite factual inconsistency): Re

As of December 3rd, Bitcoin has dipped below $92,000, posting a 4.5% 24-hour decline, per HTX market data.

On December 3rd at Binance Blockchain Week, He Yi addressed the division of responsibilities following her appointment as co-CEO. She noted the co-CEO structure hasn’t led to major shifts in job duties, but is rooted in long-term strategic planning. Co-CEO Richard Teng oversees regulatory affairs, while He Yi leads product and culture. The model’s goal is to build a sustainable organizational structure—not just rely on individual strengths. Teng, with a regulatory background, acts as a key compliance liaison. He Yi, a Binance OG (original founding member), will focus on upholding the user-centric culture, HR, and product updates.

December 3 (CoinDesk) — Antithesis, a distributed systems testing startup, has closed a $105 million Series A funding round led by Jane Street, the well-known quantitative trading firm. Other investors include Amplify Venture Partners, Spark Capital, Tamarack Global, and individual backers like Stripe co-founder Patrick Collison. Antithesis will use the funds to expand its engineering team, boost automation capabilities, and grow its global market presence. The company specializes in deterministic simulation testing for "never-down" systems (such as blockchains), running large-scale production-grade simulations to uncover edge cases that could trigger real-world network failures. A key platform advantage: the ability to precisely reproduce errors when systems fail, letting engineers quickly pinpoint issues. Notably, Ethereum leveraged Antithesis’ simulation technology for stress testing before upgrades—simulating extreme conditions to spot vulnerabilities ahead of its proof-of-stake