Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

December 10 — Crypto markets staged a broad rebound Tuesday, per HTX market data. Bitcoin surged earlier in the session to top $94,500, and was last trading at $92,900 — a 24-hour gain of 2.48%. Ethereum neared $3,400 at one point and was last at $3,332, up 6.69% over 24 hours. Total crypto market capitalization rose to $3.263 trillion, up 2.7% in the past day. Notable altcoin gainers included: ZEN (19.11% 24h gain); LUNA (18.22%); AXL (17.88%); HYPER (14.78%); WIF (12.89%). U.S. stocks closed mixed Tuesday: The Dow Jones Industrial Average fell 0.37% intraday before paring losses, the S&P 500 dropped 0.09%, and the Nasdaq Composite rose 0.1%. All crypto-related U.S. equities advanced, led by Ethereum Treasury (DAT) firms, including: MicroStrategy (MSTR) +2.89%; Circle (CRCL) +5.93%; Coinbase (COIN) +1.15%; MARA Holdings (MARA) +1.66%; Riot Blockchain (RIOT) +3.68%; Bit Digital Immersion (BMNR) +9.32%; SharpLink Gaming (SBET) +4.88%.

On December 10, Bloomberg reported that SpaceX is expected to launch an initial public offering (IPO) in mid-2026 with a valuation of approximately $1.5 trillion. Fundraising from the offering is projected to far exceed $30 billion, potentially making it the largest IPO in history. Exact timing will hinge on market conditions. Additionally, SpaceX projects 2025 sales of roughly $15 billion, with 2026 revenue expected to hit $22 billion to $24 billion.

On December 10, Octra Labs—the team behind privacy-focused blockchain project Octra—announced a public token sale on the Sonar platform, scheduled for December 18. Sonar, a token issuance platform founded by Jordan “Cobie” Fish, was recently acquired by Coinbase from ICO platform Echo. Octra noted Tuesday the one-week sale targets $20 million in proceeds, selling 10% of its total OCT token supply. This values the project at a fully diluted valuation (FDV) of $2 billion. The sale will use a fixed-price, commitment-based allocation model: participants deposit funds and receive tokens proportionally, a structure designed to boost decentralization. If demand is robust, Octra may increase the sale’s allocation; any unsold tokens will be burned. All sold tokens will be fully unlocked and distributed shortly after the sale concludes. The $2 billion FDV doubles Octra’s valuation from an earlier Echo financing round this year, which raised $4 million. The project also previously clo

Coinbase announced on December 12 that spot trading for Humidifi (WET) is set to go live on December 12, 2025, local time. The WET-USD trading pair will become available later today in supported regions if liquidity conditions are met. Humidifi (WET) will be accessible on Coinbase, the Coinbase app, and Coinbase Advanced. Institutional clients can directly access Humidifi (WET) via Coinbase Exchange.

On December 10, CME’s FedWatch data shows the U.S. Federal Reserve (Fed) has an 89.6% chance of cutting interest rates by 25 basis points this December, with only 10.4% odds of holding rates steady.

December 10, 2025 — Coinbase will list Hyperlane (HYPER) on its platform, per an official announcement. （注：美式快讯偏好**简洁紧凑**的表达，用“per an official announcement”替代“according to”更符合行业快讯常用表述；明确标注年份避免歧义，时间前置强化时效性，符合美式新闻/快讯的信息传递逻辑。）