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 8th — Per EmberCN monitoring, the whale/institution that acquired 991,000 SOL four years ago and unlocked its holdings in April this year continued taking profits 20 minutes ago: it transferred 100,000 SOL (valued at $13.57 million) to Binance. - Since unlocking in April, this address has transferred 615,000 SOL (valued at $107 million) to Binance over eight months, with an average selling price of $175 per SOL. - It currently holds 733,000 SOL (valued at $99.16 million) and has earned staking rewards of 357,000 SOL over the past four and a half years.

December 8th — This week’s Federal Reserve interest rate meeting is shaping up to be one of the most contentious in recent years. Investors are closely watching for how sharply policymakers disagree on rate cuts and what signals Chair Jerome Powell will send about the central bank’s future policy path. Asset manager Janus Henderson argues that, over the long term, the December meeting won’t have a meaningful impact on markets. While there could be short-term volatility, actions taken in the first half of 2026 will matter more than those in December. Trust company Wilmington Trust says markets have largely priced in the Fed’s rate-cut moves already; the real key lies in the central bank’s policy guidance. They expect the Fed to remain highly cautious, stressing that policy will depend on incoming economic data. Some observers note the market may be overestimating the odds of a Fed rate cut, and are more focused on Powell’s remarks and how close the policy vote will be. Nomura e

Uniswap founder Hayden Adams announced on December 8 that the protocol’s first Continuous Clearing Auction (CCA) has concluded, with total bids reaching $59 million. Notably, the auction featured no sniping, bundling, or time-based tactics. Adams emphasized the process was slow, transparent, and focused on fair price discovery: the final price was 59% higher than the floor price, and bidders had several days to place bids for a better average price. Even a $10 billion fully diluted valuation (FDV) bid on the first day would not have resulted in overpayment, he noted—instead, bidders would secure a dollar-cost averaging (DCA) price between the floor and final clearing price. Most funds raised from the auction, along with token reserves, will be used to provide initial liquidity for Uniswap v4 pools, serving as the primary secondary market liquidity source. As previously reported by BlockBeats, Uniswap launched its CCA protocol on November 13 to support liquidity provision for t

Per an announcement from Huobi HTX on December 8, the exchange will enable STABLE deposits at 15:00 GMT+8 on December 8. STABLE/USDT spot trading will launch at 21:00 GMT+8 the same day. STABLE withdrawals will be available at 21:00 GMT+8 on December 10. Additionally, Huobi Futures will roll out STABLE/USDT (10x) isolated margin trading at 21:00 GMT+8 on December 8.

Per HyperInsight monitoring on December 8, the crypto address tagged "Cool-headed Short King" holds three short positions with severe unrealized losses—totaling up to $900,000: - 93.73 BTC short at 40x leverage: $240,000 unrealized loss - 44,000 SOL short at 20x leverage: $200,000 unrealized loss - 12,200 ZEC short at 10x leverage: $460,000 unrealized loss The address’s remaining balance is just $640,000. Address: 0x9263c1bd29aa87a118242f3fbba4517037f8cc7a

### OKX Announces Boost-X Launch for Midnight (NIGHT) on December 10, 2025 In an official announcement on December 8, OKX revealed it will launch its **Boost-X Launch for Midnight (NIGHT)** on December 10, 2025. The total token reward for this round is **120,000,000 NIGHT**. #### Key Event Details: - **Registration Period**: 2:00 PM Beijing Time (UTC+8) on December 10 → 2:00 PM Beijing Time (UTC+8) on December 11 - **Token Distribution**: 6:00 PM Beijing Time (UTC+8) on December 11 - **Boost Data Snapshot**: November 30 → December 9 Eligible users can register to participate once the event goes live. NIGHT tokens will be added to the OKX Boost leaderboard after distribution. #### New Update for This Round: Starting now, eligible users of **OKX Exchange’s built-in DEX** and **OKX DEX Aggregator** can participate simultaneously. The built-in DEX now supports OKX Boost—users can auto-join activities via this feature and qualify to share from the **1.2 billion NIGHT rew