Aethir Tokenomics Update Goes Live: ATH Burn Dashboard Launches, Offsetting 18.48% of Weekly Token Release in Its First Week.

Yield vault protocol Hyperwave announced in a statement that, due to rising operational costs and regulatory uncertainty, the project has decided to gradually cease operations. The protocol will officially shut down on December 16, and users are advised to withdraw funds before that date to facilitate faster withdrawals. After shutdown, any remaining net asset value (NAV) will be returned to wallets holding vault tokens. All vaults, including GWAVE, have now been set to withdrawal-only mode, allowing users to unstake at any time. Vaults will continue generating yields while converting funds into underlying assets to prepare for user withdrawals. Additionally, 100% of all revenue generated before the protocol’s shutdown will be used to repurchase and burn HWAVE. The project team reminds users to stay vigilant against phishing links that may emerge during the shutdown period. For questions about the shutdown arrangements, users can contact the official support team via Discord or in-app channels.

Citi raises Coreweave (CRWV.O) price target from $128 to $149.

According to EmberCN's monitoring, as ZEC's price plummeted today and dropped below $1,000, two addresses of asset management and hedge fund Abraxas Capital holding ZEC short positions on Hyperliquid have generated an unrealized profit of $34.98 million from their ZEC positions alone. Currently, the total unrealized profit from all open positions of these two addresses stands at $118 million.

According to Bitget's market data, WTI crude oil rose more than 1% intraday, now at $87.35 per barrel. Brent crude oil gained 1.6% on the day, currently quoted at $93.52 per barrel.

Beating AI News Flash: Cursor is upgrading its Projects feature, launched this September, to a multi-user collaborative version called Team Projects. Previously, a single user could manage multiple coding agents via a lead agent to develop features and fix bugs simultaneously. Now, team members can join the same Project: each retains their own lead agent and execution agent, but all share a single task board and project repository. The task board displays who is responsible for what, which tasks agents are handling, and their corresponding GitHub PRs. The repository stores requirement documents, design drafts, technical solutions, and project decisions. A solution agreed upon in a chat by one member is accessible to other members’ agents, eliminating repeated context explanations. Lead agents of different members can also communicate directly. For example, if one member’s agent is modifying database fields and another’s is preparing to develop a feature dependent on those fields, both can exchange plans in advance to agree on modification order, reducing code merging conflicts. Cursor also shared an internal shift handover case: after an engineer’s shift change, the incoming agent already has access to unfinished tasks, pending bugs, and follow-up messages, and ongoing work can be directly handed over to the new agent. In October, a developer complained on the Cursor forum that they could only view their personal agent’s task board and had to ask colleagues individually to check their agents’ work. The new Team Projects version has added these sharing and coordination features. Currently, the multi-user collaboration feature is rolling out gradually, requiring a Cursor team account, a Cloud Agents-supported plan, and version 3.26.13 or later. Each member’s agent usage remains billed separately.

The Financial Stability Board (FSB) has released its peer review report on Turkey, noting that the country has made substantial progress in strengthening the regulation, supervision and oversight of its crypto asset market in recent years, though it still needs to further refine its regulatory framework to align with the FSB’s Global Regulatory Framework for Crypto-Asset Activities. The report points out that Turkey has brought most crypto asset market activities under regulation and introduced registration and licensing requirements for Crypto Asset Service Providers (CASPs). It has also implemented strict asset segregation custody measures and banned domestic use of crypto assets for payments, to limit the transmission of related risks to the payment and banking systems. Additionally, Turkish authorities have set up a centralized data platform for monitoring crypto asset activities. Nevertheless, the FSB says Turkey still needs to take further measures in the following areas: implementing a financial stability monitoring framework, establishing a dedicated regulatory regime for stablecoins, strengthening regulatory and enforcement efforts, and advancing cross-border regulatory cooperation and information sharing. The report also notes that Turkey had previously finalized its crypto asset regulatory framework, but its stablecoin regulatory regime remains incomplete. This review is intended to drive Turkey to further implement the relevant recommendations of the FSB’s global regulatory framework.