Odaily Planet Daily reports that CZ responded to Binance's previous report of internal employees abusing their positions for personal gain, stating, "I've heard that some people have reported the case to the police. Binance cooperates closely with law enforcement agencies in various countries, so there's basically nowhere to hide." He emphasized that although he is no longer in charge of Binance's operations, if the community reports employee misconduct through private messages or comments, he will still assist in forwarding it to the appropriate channels for processing.

CZ also mentioned that the user who previously reported him did not provide any evidence, but then asked him to list a certain token. He reminded the community "not to become that kind of person" and called on everyone to report in the correct way.

According to Odaily Planet Daily, the U.S. Bureau of Labor Statistics will not release PPI data for October.

According to Odaily Planet Daily, Glassnode reported on the X platform that Bitcoin has rebounded to around $94,000, but the market is still not entirely bullish. Despite improved momentum and increased trading volume, spot CVD and open interest (OI) have declined. Options trading shows demand for hedging downside risk, while ETF outflows indicate weak market demand.

Odaily Planet Daily reports that Yearn Finance has released a detailed post-incident report on last week's yETH vulnerability attack, pointing out a three-phase numerical error in its legacy stableswap liquidity pool. This error allowed attackers to "mint" LP tokens indefinitely and steal approximately $9 million in assets from the liquidity pool.

Yearn has confirmed that, with the assistance of the Plume and Dinero teams, they have successfully recovered 857.49 pxETH, approximately one-quarter of the stolen assets. The team plans to distribute the recovered funds proportionally to yETH depositors.

The decentralized finance protocol stated that the vulnerability occurred in block 23,914,086 on November 30, 2025. The attacker, through a complex sequence of operations, forced the internal resolver of the liquidity pool into a divergent state, ultimately triggering an arithmetic underflow. The attack targeted a custom stableswap pool aggregating multiple liquidity staking tokens (LSTs), as well as a yETH/WETH Curve pool. Yearn emphasized that its v2 and v3 vaults and other products were unaffected.

To address these issues, Yearn released a fix plan that includes implementing explicit domain checks on the resolver, replacing unsafe arithmetic in critical sections with checked arithmetic, and disabling bootstrapping logic after the pool comes online.

Odaily Planet Daily reports that Jupiter has announced the relaunch of its $WET token public sale, which is now live. This sale allocates 30 million tokens, representing 3.0% of the total supply, at a purchase price of 0.069 USDC per token, with a fully diluted valuation (FDV) of $69 million. Each wallet is limited to 500 USDC. The sale operates on a first-come, first-served basis, beginning at 11:00 AM ET on December 8th and ending at 11:00 PM ET that same day. Token redemption and liquidity pools will be available at 9:00 AM ET on December 9th.

Odaily Planet Daily reports that Circle and Bybit, the world's second-largest cryptocurrency exchange by trading volume, have announced a partnership aimed at expanding the use of USDC in the global ecosystem and enhancing its liquidity.

According to the partnership announcement, Bybit will expand USDC's reach within its ecosystem, including increasing liquidity in the spot and derivatives markets, expanding USDC's use in savings, payments, and card rewards, and integrating Circle's fiat currency deposit and withdrawal infrastructure to improve the speed and transparency of deposits and withdrawals. Bybit previously relied primarily on Tether's USDT stablecoin.

Circle stated that increasing USDC's access to the Bybit global ecosystem will help solidify its position as the world's second-largest stablecoin. For Bybit, this partnership will strengthen its image as a platform committed to transparency, trust, and regulatory compliance.

According to whale-alert monitoring, Circle issued another 250 million USDC on the Solana network at 23:25 Beijing time, and issued 500 million USDC within 1 minute.

According to Onchain Lens monitoring, a whale deposited $1.38 million USDC into HyperLiquid seven months later and opened a short position in HYPE with 1x leverage. Prior to this, the whale had already made a profit of $1.14 million.

According to Hyperbot data, as reported by Odaily Planet Daily, Machi Dage continues to increase his 25x leveraged long position in ETH, and his current holdings have reached 5,000 ETH, with a market value exceeding $15 million and a liquidation price of $3,062.99.

According to an article published on the X platform by Bernstein, given the recent market correction, the Bitcoin cycle has broken its four-year pattern and is currently in an extended bull market cycle, with more sustained institutional buying offsetting any panic selling by retail investors. Despite a roughly 30% price pullback, outflows through ETFs have been less than 5%. Bernstein has raised his 2026 Bitcoin price target to $150,000, expecting the cycle to peak at $200,000 in 2027. Furthermore, his long-term Bitcoin price target for 2033 remains around $1 million.

Odaily Planet Daily reports that crypto KOL CBB posted on social media that XPL may be "the last easy money opportunity in the crypto industry in a long time." He stated that market sentiment is generally low, "almost everyone is suffering losses, and the overall market has been over-leveraged."

Odaily reports that Hyperliquid Strategies Inc. has announced a $30 million stock buyback program.

According to an official announcement, Bitget has launched USD-margined STABLE perpetual contracts with leverage ranging from 1x to 25x. Contract trading bots will also be available simultaneously.