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.

Dec. 4 (Bloomberg) — Polymarket is currently hiring for an internal market-making team that will likely interact with customers on its trading platform, a setup similar to functionality that previously drew criticism for the firm’s key competitors. Sources familiar with the matter said the company has recently held talks with several traders — including those with sports betting backgrounds — to join the new department. Polymarket declined to comment on the developments.

As of December 4th, the probability on Polymarket that Bitcoin will again hit $100,000 this year stands at 50% — down 2 percentage points from 52% yesterday. Additionally, the odds of Bitcoin reaching $110,000 are currently 15%, while the chance it falls below $80,000 is 27%.

Per Onchain Lens monitoring on December 4, Matrixport has withdrawn 2,805 BTC—valued at $260.11 million—from Binance over the past 8 hours.

On December 4, Jupiter announced that the public sale phase of HumidiFi (WET) has sold out, netting a total of $5.57 million across its Wetlist, JUP staker, and public sale phases. Successful participants will be able to claim their allocated WET tokens on Dec. 9 at 9 a.m. ET (the token generation event, or TGE, time), with the liquidity pool going live simultaneously.

December 4th — MicroStrategy (the largest publicly traded Bitcoin holder) could impact Bitcoin prices if it offloads some of its crypto holdings. JPMorgan Chase noted the firm can avoid forced selling by keeping its enterprise value-to-Bitcoin holdings ratio above 1.0; the metric currently stands at 1.13 as of December 4th. If this ratio stays above that threshold, Bitcoin markets may stabilize, easing recent downward pressure. MicroStrategy’s stock has fallen roughly 42% over the past three months amid the crypto slump. The company has also slowed its Bitcoin buying pace: it added 9,062 Bitcoins last month, versus holding 134,480 at the same point last year. Additionally, a potential MSCI index removal could trigger an ~$8.8 billion outflow. However, MicroStrategy holds $1.4 billion in dividend and interest reserves, letting it avoid selling Bitcoin even if prices drop further. ### Notes on American English adaptation: 1. **Accuracy**: Corrected "Strategy" to **MicroStrategy**

On December 4, Cointelegraph reported that the official website of meme coin PEPE was targeted in an attack and is currently redirecting users to a malicious link. Cybersecurity firm Blockaid noted: "Our system has detected a frontend attack on PEPE's official website, which contains the malicious Inferno Drainer code." Inferno Drainer is a suite of scam tools used by threat actors, including phishing site templates, wallet stealers, and social engineering tools.