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 9th, Kalshi CEO Tarek Mansour told a podcast that competition with rival Polymarket has pushed both companies to accelerate development. Mansour compared the two firms’ rivalry to NFL quarterbacks Tom Brady vs. Eli Manning’s head-to-head matchups and soccer superstars Lionel Messi and Cristiano Ronaldo’s longstanding feud. “Without Polymarket, we wouldn’t have pushed marketing and product development this hard,” he said. “This competition will help us grow the prediction market industry’s reach, hit milestones we otherwise couldn’t have reached, and ultimately benefit users long-term.” Founded in 2018, Kalshi last week announced partnerships with CNN and CNBC, raising $1 billion in funding at a $10 billion valuation. Rival Polymarket—launched in 2020—hit a $13.5 billion valuation in November.

On December 9th, Bitcoin logged one of its weakest November performances since 2018. Data shows last month’s selling pressure stemmed primarily from the European market—sharply contrasting with activity in Asia and the U.S. Presto Research’s timezone data indicates November’s crypto slump was driven largely by European funds. BTC and ETH each posted monthly declines of roughly 20–25%, with significant net selling during European trading hours while Asian and U.S. sessions held relatively steady. (CoinDesk)

Per official sources, MGBX will launch spot trading for WET (HumidiFi) on **December 9, 2025, at 16:00 SGT**. Key timeline updates: - Deposits open: December 9, 2025, 14:00 SGT - Trading goes live: December 9, 2025, 16:00 SGT - Withdrawals available: December 10, 2025, 19:00 SGT HumidiFi is a Solana-based automated market maker (AMM) decentralized exchange (DEX).

**Trend News Monitoring: Florida Gov. Ron DeSantis Shares Rescued Dog’s Story (Named ICE) on X** December 9 – Florida Governor Ron DeSantis posted to his two X accounts (@GovRonDeSantis and @RonDeSantis, totaling 8.7 million followers) today to detail the rescue of a small dog during a South Florida immigration enforcement operation. The pup, which had suffered abuse, malnutrition, and abandonment before the operation, was saved by the Florida Highway Patrol. It was later adopted by the State Director of Immigration Enforcement and named “ICE” (short for Immigration and Customs Enforcement). Photos show the dog as a small white canine with brown spots, wearing a green collar. The post quickly gained traction: it has amassed over 2,000 likes and 200+ retweets to date, and was retweeted by reporter @LauraLoomer (1.8 million followers). Tied to the news, the most consensual token has a 1-hour trading volume of up to $600,000, a market cap of $300,000, over 800 holders, and has

On December 9, Arkham analytics data indicates a crypto whale accumulated over 18,000 Zcash (ZEC) tokens—valued at roughly $4.49 million—during the October 11 (10/11) market crash. Five weeks later, the whale transferred the entire holding to crypto exchange Gemini. If sold at an optimal time post-transfer, the whale could realize an estimated profit of $6.6 million.

Per Arkham Monitor data, a whale accumulated over 18,000 ZEC (valued at roughly $4.49M) during the "1011" sell-off. Five weeks later, the whale transferred the holdings to Gemini. Had the whale sold the tokens promptly, it would’ve netted an estimated $6.6M in profit.