Planet Evening News | December 8

1. Binance reports employee misused internal information for profit: The employee has been suspended and placed under investigation; the $100,000 whistleblower reward has been paid out.

2. Ripple completed a secondary market sale of approximately $500 million worth of shares, valuing the company at approximately $40 billion.

3. MetaPlanet CEO announces the launch of an STRC-like product to purchase more BTC;

4. Amber Group and Metalpha withdrew a total of 9,000 ETH from Binance, worth approximately $28.2 million;

5. A trader opened long positions in BTC, ETH, and ZEC worth $55.35 million;

6. AllScale completes $5 million seed funding round, led by Yzi Labs and others;

7. BNY Mellon: The Fed will cut rates hawkishly this week; the dot plot is expected to reveal policy cracks.

8. JPMorgan Chase: The rally in US stocks may be difficult to sustain after the Fed's rate cut;

9. Deutsche Bank: Expects the Fed to cut rates by 25 basis points this week; Powell may emphasize that the threshold for rate cuts next year is very high.

10. Uniswap Founder: The first auction of Uniswap CCA has ended, with bids reaching $59 million.