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2025
MON
12/01
04:22
Coinbase CEO: The New York Times is now more like a "political propaganda machine," and the public should unsubscribe.

Odaily Planet Daily reports that Coinbase co-founder and CEO Brian Armstrong posted on social media that the New York Times has become more like a "political propaganda machine," replacing news reporting with emotional content, stating that "real journalism could have had significant value." He said that no one around him considers it a serious media outlet "(except for a small number of people over 60 on the East Coast)," and believes that the culture within the NYT's Dealbook team is different. Armstrong also urged the public to "give a gift" to friends and family during the holiday season—cancel their New York Times subscription.

04:19
Yearn: yETH pool suffers sophisticated attack, losing approximately $8.9 million.

Odaily Planet Daily reports that Yearn issued a statement saying its yETH stablecoin pool was attacked at 21:11 UTC on November 30th. The attacker minted a large amount of yETH through a custom contract, resulting in a loss of approximately $8 million in assets within the pool. An additional $900,000 in losses came from the yETH-WETH pool on Curve. Yearn stated that the affected code is unrelated to other products, and V2/V3 Vaults were unaffected. The company also noted that the complexity of the incident is similar to the previous attack on Balancer. The team has joined forces with SEAL911 and the auditing firm ChainSecurity to conduct an investigation.

04:16
BTC fell below 86,000 USDT, a 5.44% drop in the last 24 hours.
According to OKX market data, BTC has fallen below 86,000 USDT, currently trading at 85,978.2 USDT, a 24-hour drop of 5.44%. (This news item was generated with AI assistance.)
03:58
Rayls announces token economics: Total supply 10 billion tokens, with 35% allocated to the foundation and community, and 15% to TGE.

Odaily Planet Daily reports that EVM blockchain Rayls announced its tokenomics on the X platform. The total supply of RLS tokens is fixed at 10 billion, with TGE allocating 15%, investors 22%, early developers 11%, the core team 17%, and the foundation treasury and community 35%. Rayls stated there will be no off-exchange buybacks; every transaction on the network will trigger automatic burning, with 50% of fee revenue immediately burned and the remaining 50% used in the Rayls Foundation community incentive wallet to support validators, builders, and ecosystem development.

Previously, it was reported that Rayls had been added to Coinbase's listing roadmap and that TGE was planned for December 1st.

03:50
An address purchased approximately $180,000 worth of PIPPINs, and one month later, the unrealized profit exceeded $1.35 million.

According to Lookonchain monitoring, Odaily Planet Daily reports that address BxNU5a initiated a position in PIPPIN about a month ago with an investment of approximately $179,800, buying about 8.2 million tokens. The current market value is approximately $1.51 million. This address currently has a paper profit exceeding $1.35 million.

03:39
The SOL spot ETF saw net inflows of $108 million last week, marking the fifth consecutive week of net inflows.

According to data from SoSoValue, the SOL spot ETF saw a net inflow of $108 million last week (November 24 to November 28, Eastern Time).

The SOL spot ETF with the largest net inflow last week was the Bitwise Solana Spot ETF BSOL, with a weekly net inflow of $83.76 million and a historical total net inflow of $528 million; followed by the Grayscale Solana Spot ETF GSOL, with a weekly net inflow of $35.38 million and a historical total net inflow of $77.83 million.

The SOL spot ETF with the largest net outflow last week was the 21Shares Spot ETF TSOL, with a weekly net outflow of $34.77 million. The total historical net outflow for TSOL is currently $27.6 million.

As of press time, the SOL spot ETF has a total net asset value of $888 million, an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 1.15%, and a historical cumulative net inflow of $619 million.

03:38
Ethereum spot ETFs saw net inflows of $313 million last week, reversing three consecutive weeks of net outflows.

According to data from SoSoValue, Ethereum spot ETFs saw a net inflow of $313 million last week (November 24 to November 28, Eastern Time).

The Ethereum spot ETF with the largest net inflow last week was BlackRock ETF ETHA, with a weekly net inflow of $257 million. ETHA's historical total net inflow has reached $13.15 billion. The second largest was Fidelity ETF FETH, with a weekly net inflow of $45.32 million. FETH's historical total net inflow has reached $2.59 billion.

The Ethereum spot ETF with the largest net outflow last week was Grayscale Ethereum Trust ETF (ETHE), with a weekly net outflow of $15.05 million. ETHE's total historical net outflow has now reached $4.93 billion.

As of press time, the Ethereum spot ETF has a total net asset value of $19.15 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 5.19%, and a historical cumulative net inflow of $12.94 billion.

03:38
Bitcoin spot ETFs saw a net inflow of $70.05 million last week, reversing four consecutive weeks of net outflows.

According to data from SoSoValue, Bitcoin spot ETFs saw a net inflow of $70.05 million last week (November 24 to November 28, Eastern Time).

The Bitcoin spot ETF with the largest net inflow last week was the Fidelity ETF FBTC, with a weekly net inflow of $230 million. The total historical net inflow of FBTC is currently $12.03 billion. The second largest was the Grayscale ETF GBTC, with a weekly net inflow of $16.33 million. The total historical net outflow of GBTC is currently $25.02 billion.

The Bitcoin spot ETF with the largest net outflow last week was BlackRock ETF IBIT, with a weekly net outflow of $137 million. IBIT's historical total net inflow has reached $62.57 billion. The second largest was VanEck ETF HODL, with a weekly net outflow of $36.95 million. HODL's historical total net inflow has reached $1.2 billion.

As of press time, the total net asset value of Bitcoin spot ETFs was $119.39 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.56%, and a historical cumulative net inflow of $57.71 billion.

03:35
Crypto market trading volume fell to its lowest level in six months in November, with both CEX and DEX trading volumes declining sharply.

According to Odaily Planet Daily, spot trading volume on cryptocurrency exchanges fell to $1.59 trillion in November, a 26.7% decrease from $2.17 trillion in October, marking the lowest level since June. Binance remained in first place with $599.34 billion, but this was a significant drop from October; Bybit, Gate, and Coinbase recorded $105.8 billion, $96.75 billion, and $93.41 billion, respectively. Vincent Liu, Chief Investment Officer of Kronos Research, stated that after the overheated market in October, November saw a shift towards low volatility and low momentum, with the decline in trading volume mainly due to profit-taking and narrowing trading ranges.

Data from DefiLlama shows that decentralized exchange (DEX) trading volume also fell to $397.78 billion in November, the lowest since June; Uniswap and PancakeSwap recorded $79.98 billion and $70.57 billion respectively, both significantly lower than the previous month. The DEX/CEX trading volume ratio decreased from 17.56% in October to 15.73%. Liu believes this reflects a change in trading structure: narrower trading ranges make CEXs, with their greater depth and spread advantages, more efficient, while weaker on-chain incentives and speculative activity drag down DEX trading volume.

In the market, Bitcoin fell from approximately $110,000 to a low of around $81,000 in November; as of press time, it had fallen 4.6% to $86,500 in the past 24 hours. SoSoValue data shows that US spot Bitcoin ETFs recorded a net outflow of $3.48 billion in November, the largest monthly outflow since February. (The Block)

03:25
PIPPIN bucked the trend, surging over 61%, with analysts saying bulls had strong control.

According to GMGN data, Solana's ecosystem coin PIPPIN bucked the trend and strengthened today, currently trading at $0.1788, a 24-hour increase of 61.9%.

According to analyst @frontrunnersx, PIPPIN has recently shown signs of concentrated accumulation, with some addresses continuously accumulating without any significant selling activity. This has caused the price to repeatedly hit short positions during its upward movement, triggering a chain reaction of liquidations. One address bought approximately $200,000 worth of PIPPIN six days ago, sold it after the price doubled, and is currently taking similar action with ARC.

03:24
The most common attack method used by the North Korean hacking group Lazarus over the past year has been targeted phishing.

According to AhnLab's "2025 Cyber Threat Trends and 2026 Security Outlook" report, Lazarus, a North Korean-backed hacking group, was the most frequently mentioned in the past 12 months. They primarily use spear-phishing attacks, often disguising emails as lecture invitations or interview requests to lure targets into opening their accounts. The report states that Lazarus is considered the primary suspect in several major attacks, including the Bybit hack on February 21st of this year (which resulted in a $1.4 billion loss) and the recent $30 million vulnerability attack on the South Korean exchange Upbit.

AhnLab states that to improve security, enterprises need to establish multi-layered protection systems, including regular security audits, timely patch updates, and enhanced employee training. The company also recommends that individual users use multi-factor authentication, exercise caution when handling unknown links and attachments, avoid excessive exposure of personal information, and only download content from official channels. AhnLab points out that with the increasing prevalence of AI applications, attackers will find it easier to generate indistinguishable phishing emails, spoofed pages, and deepfake content, potentially leading to further complex threats in the future. (Cointelegraph)

02:35
Wintermute founder denies shorting MON: In fact, we are long.

According to Odaily Planet Daily, in response to allegations from Monad ecosystem developers that Wintermute, as a market maker, is shorting MON, Wintermute founder Evgeny Gaevoy refuted the claims, stating, "Don't make statements that cannot be verified."

Later, when a community member asked Evgeny if he was going long, Evgeny responded, "In fact, yes."

02:25
A whale used 5x leverage to go long approximately $20 million worth of HYPE, with a liquidation price of $22.72.

According to Lookonchain monitoring, Odaily Planet Daily reports that address 0xBd8c established a 5x leveraged long position in HYPE within the past 15 hours, with a position size of approximately $20 million and a total of 638,441.54 HYPE tokens. It also placed limit buy orders in the $29.5-$30.399 range, planning to add another 200,000 HYPE tokens, amounting to approximately $6 million. The current liquidation price for this position is $22.72.

02:21
HashKey Holdings has passed the Hong Kong Stock Exchange's listing hearing and has officially launched its Hong Kong listing process.

According to Odaily Planet Daily, HashKey Holdings Limited, registered in the Cayman Islands, has passed its listing hearing and is proceeding with its Hong Kong listing plan. JPMorgan Chase, Guotai Haitong Securities, and Guotai Junan International are the joint sponsors for this IPO. The post-hearing information set has been released, and the company is currently in the listing preparation stage. The information shows that the IPO price range, the number of shares to be issued, and the number of shares offered to the public and placed are all provisional and may be adjusted later depending on circumstances; the par value is US$0.00001 per share, and the final offering price will be determined through negotiation between the overall coordinator and the company.

The Hong Kong Stock Exchange (HKEX) notes that the post-hearing information set is a draft and may be subject to further revisions. Investors should refer to the official prospectus registered with the Hong Kong Companies Registry for their investment decisions. (HKEX)

02:17
Multicoin co-founder: The only way to achieve effective price discovery is to unlock 100% of the tokens on the first day of listing.

According to Odaily Planet Daily, Multicoin co-founder Kyle Samani posted on X, "For years I've been advocating that invested projects be 100% unlocked on day 1, as this is the only way to achieve efficient price discovery. The team that came closest to doing this is Solana, who did a major unlock in their ninth month."

Kyle Samani added that another option worth considering is for the team to lock up their shares, but the investors don't. This approach is rationalized because the investors have already done their job—they've invested the money, and their task is complete; the employees haven't finished their work—they need to continue. A mechanism based on price or time-triggered unlocking could be used to make this model more acceptable to employees.

02:15
Crypto markets fell across the board, with Layer 2 crypto leading the decline at nearly 8%, and BTC dropping below $88,000.

According to Odaily Planet Daily on December 1st, data from SoSoValue shows that the cryptocurrency market experienced a general decline, with 24-hour drops typically ranging from 3% to 8%. Layer 2 cryptocurrencies led the decline at 7.72%, with Starknet (STRK) falling 13.13% and zkSync (ZK) dropping 10.99%. Additionally, Bitcoin (BTC) fell 3.91%, breaking below $88,000, and Ethereum (ETH) fell 5.17%, breaking below $2,900.

In other sectors, the CeFi sector fell 3.90% in the last 24 hours, with HashKey Platform Token (HSK) showing relative resilience, rising 1.35%. HSK has reportedly passed the Hong Kong Stock Exchange's listing hearing and plans to IPO in Hong Kong. The PayFi sector fell 4.85%, but Monero (XMR) rose 3.55%. The Layer 1 sector fell 5.31%, with Zcash (ZEC) falling 17.38%. The Meme sector fell 5.44%, with MemeCore (M) bucking the trend and rising 7.15%. The DeFi sector fell 6.40%, with MYX Finance (MYX) surging 8.21% intraday. The AI sector fell 6.84%, but SoSoValue (SOSO) rose 8.43%.

The crypto sector indices, which reflect the historical performance of the sector, show that the ssiAI, ssiDePIN, and ssiGameFi indices fell by 8.23%, 8.22%, and 7.67%, respectively.