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 16 – Per an official announcement, Binance will delist the following margin trading pairs linked to its Leveraged Tokens program on December 23, 2025, at 14:00 UTC+8. Isolated Margin Trading Pairs: DOT/FDUSD, ENA/FDUSD, SEI/FDUSD, FIL/FDUSD, BONK/FDUSD, ZK/FDUSD, ETC/FDUSD, WLD/FDUSD, OP/FDUSD, NEAR/FDUSD, WIF/FDUSD, APT/FDUSD, DYDX/FDUSD, TIA/FDUSD, UNI/FDUSD Cross Margin Trading Pairs: DOT/FDUSD, ENA/FDUSD, SEI/FDUSD, FIL/FDUSD, BONK/FDUSD, ZK/FDUSD, ETC/FDUSD, WLD/FDUSD, OP/FDUSD, NEAR/FDUSD, WIF/FDUSD, DYDX/FDUSD, TIA/FDUSD ### Notes on U.S. English adjustments: 1. **Date format**: Used "December 16" (omitted ordinal "th" for brevity, common in U.S. news/announcements). 2. **Tone**: Swapped "According to" for "Per" (more concise, standard in U.S. financial/tech updates). 3. **Clarity**: Added "linked to its Leveraged Tokens program" to resolve the original phrasing’s slight ambiguity (aligns with U.S. audience preference for explicit context). 4. **St

On December 16, per Onchain Lens data, the 25x leveraged ETH position held by "Big Brother Whale" investor Huang Licheng was just liquidated, resulting in a total account loss of $22.9 million.

As of December 16th, monitoring data from HyperInsight (via its Telegram channel at https://t.me/HyperInsight) indicates that the 25x leveraged long position of 400 ETH associated with the address of "Big Brother Whale" Huang Licheng is currently carrying an unrealized loss exceeding 210%. The position’s liquidation price is $2900.1, while Ethereum’s current price stands at $2910—leaving less than $10 of buffer before liquidation risk materializes.

On December 16, data from Coinglass shows funding rates across major centralized (CEXs) and decentralized exchanges (DEXs) remain overwhelmingly bearish. Specific rates for key cryptocurrencies are available in the attached image. **BlockBeats Note**: Funding rates are fees set by crypto exchanges to align perpetual contract prices with underlying asset values. They facilitate fund transfers between long and short traders—exchanges do not collect this fee. The mechanism adjusts traders’ holding costs or profits to ensure contract prices track underlying assets. **Rate Sentiment Guide**: - 0.01% = baseline rate - >0.01% = broadly bullish market - <0.005% = broadly bearish market

On December 16, following news that current Atlanta Fed President Raphael Bostic will retire at the end of February, the Atlanta Fed’s Board of Directors has launched a search for his successor. Under the Federal Reserve Act, regional Federal Reserve Bank presidents are elected by their bank’s Class B and Class C directors—who are unaffiliated with regulated financial institutions—and final candidates require approval from the Federal Reserve Board in Washington. The Atlanta Fed’s next president will become a voting member of the Federal Open Market Committee (FOMC)—the body responsible for setting U.S. interest rates—in 2027. (Jinse)

As of December 16th, LookOnChain monitoring shows a trader who invested $180,000 to buy 8.16 million PIPPIN tokens on October 24th still holds all of them. The current value is $3.6 million, marking a 20x return on investment.