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.

On December 4, decentralized exchange ANT.FUN officially secured the Canadian Money Services Business (MSB) license—marking a critical step in the platform’s global compliance strategy. This milestone not only strengthens ANT.FUN’s compliance credentials in the North American market but also lays a solid foundation for its future global business expansion. Regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), the Canadian MSB license is one of the most respected compliance credentials in the global digital asset industry. Licensed entities must adhere to strict Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements, so obtaining the MSB license confirms ANT.FUN meets international standards in risk control, secure operations, and compliance-focused growth. As a next-generation decentralized exchange, ANT.FUN has always prioritized core principles of security, transparency, and compliance. This approval showcases the team’

On December 4, latest data showed U.S. ADP private payrolls unexpectedly fell by 32,000 in November—far weaker than market forecasts—signaling a faster pace of labor market cooling. The report is a key lead-up to the Fed’s December rate decision, with soft jobs data adding another variable to potential policy shifts. Post-data, safe havens gained: gold rebounded to ~$4,220, while crypto markets saw wider range-bound swings. Macro breakdown: Job losses were concentrated in small businesses (firms with <50 employees cut 120k positions last month, the biggest drop since March 2023), reflecting dual pressure on end demand and financing conditions. Wage growth slowed to 4.4%, pointing to marginal easing of inflationary pressures. Rate futures now price a nearly 90% chance of a 25bp Fed rate cut in December. Short-term rate expectations have turned dovish, the dollar index is seeing heightened volatility, and risk assets are in a repricing phase. Crypto markets: ETF flows are diverg

On December 4, the Ethereum Foundation announced via social media that it has identified an issue with the Prysm consensus client on the Ethereum mainnet. Prysm users need to reconfigure their consensus layer (CL) nodes. Users of other clients are unaffected and do not need to take action.

Coindesk reported on December 4 that Entrée Capital has just launched a $300 million fund focused on early-stage crypto and Web3 infrastructure projects. This move underscores accelerating institutional investor interest in blockchain systems that integrate smoothly with modern tech stacks. In a Thursday email announcement, the firm said the fund will target seed-to-Series A funding rounds, backing entrepreneurs building the foundational layer for Web3’s mainstream applications. Investment targets include AI agents that autonomously manage assets within crypto-native policy frameworks, decentralized physical infrastructure networks (DePINs), and blockchain protocols using token incentives to coordinate, fund, and operate real-world infrastructure. Entrée Capital noted its long track record of investing in fintech and crypto—including early bets on Stripe, Rapyd, Mesh, plus Web3 builders Gen Labs and Breez—gives it a unique edge to support entrepreneurs at the intersection of regu

On December 4th, Jupiter founder Meow took to social media to note that while HumidiFi has driven massive transaction activity on Solana and seemingly risen to prominence overnight, it’s long been recognized as one of the strongest technical teams in DeFi within the ecosystem. The team has built multiple low-level core infrastructure projects, including Nozomi (a transaction landing engine), Temporal, and most recently, Harmonic (an open block builder). Also part of their background? Past high-frequency trading (HFT) stints at firms like Citadel. That explains how they’ve brought institutional-grade market makers to Solana—combining that expertise with their deep work on Solana’s underlying infrastructure. Kevin Pang, who previously worked at Jump, Paradigm, and SCP, brings rich multi-dimensional experience and resources. Jupiter has collaborated with him on several technical projects, proving his ability to tackle extremely challenging tasks and his commitment to boosting liq

On December 4th, per monitoring from HyperInsight (via its Telegram channel @HyperInsight), a whale with a short position exceeding $10 million on Hyperliquid primarily holds spot assets. The top 3 addresses on the HYPE short position leaderboard are: - **BobbyBigSize**: Largest HYPE short position (~$51.5M), with ~$11.85M in spot holdings; - **Abraxas Capital**: Two affiliated addresses hold a combined HYPE short position of ~$71M. The addresses have continuously increased their HYPE spot holdings since early December, rising from $56M to $63M in the past 3 days; - **Lightning Arbitrage Hunter**: HYPE short position (~$32.91M), with ~$6.68M in spot holdings.