An Address Reaccumulates $8.92M Worth of ETH After One Month

On December 4, Digital Asset—the developer behind the financial blockchain network Canton Network—closed a $50 million funding round, with participation from BNY Mellon, Nasdaq, S&P Global, and iCapital. This latest round comes on the heels of the company’s $135 million funding earlier this year, which was led by DRW Venture Capital and Tradeweb Markets, with market makers including Citadel Securities, IMC, and Optiver also joining. Canton Network is designed to facilitate financial transactions, letting users control which information remains confidential, and is emerging as a robust choice for asset tokenization. Asset tokenization refers to the process of issuing and transferring traditional assets—like stocks and bonds—via blockchain technology.

U.S. stocks opened higher on December 4, with the Dow Jones Industrial Average up 0.11%, the S&P 500 gaining 0.21% and the Nasdaq Composite rising 0.31%. Meta Platforms (META.O) jumped more than 5% to hit a one-month-plus high, as CEO Mark Zuckerberg plans to slash the company’s Metaverse budget by up to 30%.

December 4th — Ledger has revealed a vulnerability in a widely used Android smartphone processor that could put Web3 wallet users at risk if an attacker gains physical access to the device. The flaw allows attackers to exploit hardware fault injection to bypass core security checks and take control of the chip. Notably, Ledger hardware wallets are unaffected by this discovery, which instead underscores the risks of relying solely on smartphone hot wallets to secure digital assets. Ledger’s team tested MediaTek’s Dimensity 7300 chip (manufactured by TSMC) to assess whether electromagnetic fault injection could disrupt the chip’s early boot process. Using open-source tools, they injected timed electromagnetic pulses to interfere with the chip’s boot ROM, extract runtime information, and map the attack path. Subsequently, the team bypassed the chip’s write command filtering mechanisms, overwrote the return address on the boot ROM stack, and executed arbitrary code at EL3 (the pro

On December 4, The Block reported that BRN Research analysts noted Bitcoin’s fundamental structure is steadily improving, despite limited spot momentum. BRN Research Director Timothy Misir pointed to CryptoQuant and Glassnode data showing exchange-held Bitcoin balances have fallen to ~1.8 million BTC — the lowest level since 2017. Bitcoin’s realized market cap has also continued to post positive monthly growth, signaling new funds are still flowing into BTC even as the broader market trades in a tight range. “Market started on a stable note, accumulation buying remains ongoing, exchange supply is shrinking, and prices are holding above fair market value,” Misir said. “Right now, what’s missing is a breakout above the $96k–$106k range.”

On December 4th, Meta Platforms (META.O) surged more than 6% in premarket trading after CEO Mark Zuckerberg announced plans to slash Metaverse spending by as much as 30%.

On December 4, per Cointelegraph, Portal to Bitcoin—a Bitcoin-native interoperability protocol—announced it has completed a $25 million funding round led by JTSA Global. Previously, investors including Coinbase Ventures, OKX Ventures and Arrington Capital have backed the firm. Additionally, the company launched its Atomic OTC trading platform, which promises "instant, trustless cross-chain settlement for OTC trades."