The U.S. Senate Banking Committee Advances the "Financial Transparency and Regulatory Compliance Act"

Last Friday, December 7, CME Group—the world’s second-largest derivatives exchange—faced a trading halt lasting over 10 hours across multiple markets due to a data center outage. Data center operator CyrusOne confirmed Saturday the outage stemmed from human error. A CyrusOne spokesperson said on-site staff and contractors at its Aurora, Illinois facility failed to properly drain the cooling tower ahead of frigid weather, causing the system to ice up, operate under overpressure, and trigger uncontrolled equipment temperatures. While CyrusOne claimed it took comprehensive, decisive steps to restore cooling, CME noted in a statement that the data center’s initial remediation efforts worsened the issue, ultimately knocking out multiple cooling units. The incident underscores CME’s high reliance on a single data center. The facility was originally owned by CME, sold to CyrusOne in 2016, and bound by a 15-year leaseback agreement. CME said Saturday it is fully aware of the severe impac

On December 7, data from Alternative Data shows the cryptocurrency Fear & Greed Index has dropped to 20 (down from 23 yesterday), signaling the market remains in a state of “extreme fear.” Note: The Fear & Greed Index ranges from 0 to 100, with components including: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).

On December 7, Coinglass data shows that centralized exchanges (CEXs) recorded a net outflow of 206,400 ETH over the past seven days. The top three CEXs by ETH outflows were: - Binance (92,300 ETH outflow) - Kraken (79,400 ETH outflow) - OKX (36,000 ETH outflow) Additionally, Bybit led inflows with 2,271.69 ETH, topping the list of CEXs with ETH inflows.

December 7 – Per an announcement from Huobi HTX, the exchange will jointly launch NIGHT/USDT spot trading on December 9. Deposits for NIGHT will open shortly. Additionally, Huobi Futures will add NIGHT/USDT (10x) isolated margin trading pairs. Per reports, Midnight is a next-generation blockchain, and NIGHT is a popular token within the ADA ecosystem. It leverages zero-knowledge proof (ZKP) technology to deliver utility without compromising data protection or ownership, enabling applications that safeguard user, business, transaction data, and metadata.

As of Dec. 7, WIN has surged over 90% in the past 24 hours, per HTX market data. The token is currently trading at $0.0000575, with a market capitalization of $57.5 million.

On December 7th, Coinglass data shows that if Ethereum breaks above $3,100, cumulative short liquidation intensity across major centralized exchanges (CEXs) will hit $565 million. Conversely, if Ethereum drops below $3,000, cumulative long liquidation intensity on major CEXs will total $471 million. BlockBeats Note: Liquidation charts do not display the exact number of contracts up for liquidation or the precise value of those contracts. Instead, the bars on these charts reflect how significant each liquidation cluster is compared to adjacent clusters—this is what’s meant by "intensity." As a result, liquidation charts indicate how strongly an asset’s price will be impacted when it hits a specific level. A taller "liquidation bar" means the price reaching that threshold will spark a more intense reaction driven by a liquidity cascade.