[Chain News] The decentralized AI network DeepNode recently completed two rounds of financing, raising a total of $5 million. Specifically, the first round was a seed round of $2 million at a $25 million valuation; this was followed by a strategic round that brought in another $3 million, with the valuation jumping directly to $75 million.
In the seed round, in addition to community members participating, several key validator nodes also joined in support—WildSageLabs (from RoundTable21), Rizzo (from DNA), and infrastructure partner Gateway.FM. The strategic round featured an even more impressive lineup, with lead investors being a group of institutions focused on Web3 and AI infrastructure: Blockchain Founders Fund, Side Door

On December 5, Coinglass data showed the liquidation pressure distribution for Ethereum. If ETH breaks through $3,200, shorts face a liquidation risk of $764 million; if it falls below $3,000, longs face a risk of $973 million. These figures reflect the potential volatility effects in the market.

[Chain News] Cybersecurity company Hudson Rock recently uncovered a major scoop—while analyzing logs from the LummaC2 trojan, they accidentally caught a "special" device.
The owner of this machine is suspected to be a key technical member of a North Korean state-sponsored hacker group. Even more explosive, it was used to set up the attack infrastructure for the $1.4 billion theft from a leading exchange this February.
Login credentials found on the device directly pointed to phishing domains registered before the attack, which were specifically set up to impersonate the target platform. The configuration was also hardcore: development tools like Visual Studio and Enigma Protector were all present, and Astrill was installed as well.

The Blockchain Association brings in Uniswap Labs' Head of Policy, Lindsay Fraser, leveraging her DeFi experience to focus on the implementation of the market structure bill, stablecoin bill, and the direction of crypto tax policies, advancing the development of a digital asset regulatory framework.

On the live contract trading leaderboard of a leading exchange, the newly emerged account "0xPickleCati" topped the list with $45.46 million in profits. He made precise moves at several key moments, especially by shorting in advance during market flash crashes, demonstrating a high level of trading skill.

A battle for company control centered around BNB asset allocation is underway. CEA Industries is pushing back against shareholder YZi Labs' restructuring proposal, emphasizing that its board of directors is compliant and possesses sufficient professional expertise. The company is prepared to communicate with YZi, but advises ordinary shareholders to hold off for now. The core issue is the management of nearly $500 million in BNB assets.

[BlockBeats] This Friday is a big day—the US September PCE Price Index will be released. This indicator is no joke; it’s the inflation gauge that the Federal Reserve watches most closely.
It’s kind of dramatic because, due to the previous government shutdown, this report has been delayed. Now, everyone from traders to Fed officials is waiting for this data to clear the fog. After all, since late September, there hasn’t been an official inflation reading, leaving the market full of unanswered questions.
Tonight at 11:00 PM Beijing time, the core PCE year-over-year rate will be officially announced. Last time it was 2.9%; this time, the market expects the overall PCE year-over-year rate to jump to 2.8%( (August was 2.7%)). If that’s the case, it would be a new high since April 2024. The monthly rate is still estimated at 0.3%, no real change there.
Why does everyone care so much? Because the Federal Reserve will hold a meeting next week to set the tone on interest rates. Right now, they’re walking a tightrope—trying to curb inflation without tanking employment.

Onfolio Holdings recently invested $2.45 million in crypto assets, allocating 40% each to ETH and SOL, and 20% to BTC. They purchased ETH and SOL at $3,076 and $144.5 respectively, while the BTC cost was $91,948. ETH and SOL have already been staked. Currently, they hold 318 ETH, 6,771 SOL, and 5 BTC, demonstrating a bullish outlook on Ethereum and Solana.

[Crypto World] The total crypto market cap has slightly declined by 1 point, currently hovering around $3.14 trillion. There’s a clear divergence among individual coins—Zcash defied the trend with a 10% surge, breaking past the $400 mark; XRP, on the other hand, pulled back 3.6% and is now lingering around $2.09.
As for Bitcoin, its momentum towards the $94,000 resistance has slowed down. However, from a technical perspective, if it can hold steady, there’s still a chance to test the $98,000 to $100,000 range later. But CryptoQuant’s bull market score has dropped to zero, which isn’t a good sign—they believe the market has shifted into bear mode. If there’s no new capital inflow, BTC could potentially retrace to the $55,000–$70,000 zone next year.
On the policy front, there’s a noteworthy development: if the 401(k) pension rule adjustment is implemented in 2026, it could unlock a $9 trillion opportunity for Bitcoin

After the White House cryptocurrency summit, Trump advisor David Sacks was accused of being connected to 709 tech projects, including 449 related to AI, raising concerns about conflicts of interest. In addition, after the end of the U.S. Bitcoin lock-up period, the coin price plummeted sharply, triggering market panic and leading people to question whether this was a policy benefit or a carefully orchestrated scam.

[Crypto World] On December 5, a former government official publicly mentioned the current White House National Economic Council Director, Kevin Hassett—causing an immediate uproar in the market. According to prediction platforms, the odds of him becoming the next Federal Reserve Chair surged to nearly 80%.
So, what's Hassett's background? Insiders know he's a well-known super dove, strongly advocating for aggressive rate cuts. More importantly, he holds a significant amount of stock in a leading compliant trading platform and has long been active in crypto policy circles—a clear "one of us" label.
What if he really takes office? Many believe the easing cycle could start earlier. With rates trending down and a friendlier regulatory stance, mainstream coins like BTC and ETH would likely benefit, and even crypto concept stocks could get a boost.
That said, volatility will definitely increase as well. At this critical juncture, diversified allocation and strict risk control are the way to go. Whether it's digital currencies or US crypto stocks...

This afternoon, due to a Cloudflare outage, the front-end pages of many exchanges and DeFi protocols in the crypto space became inaccessible, affecting users. The issue has been resolved and system status is being monitored. However, Cloudflare's stock price fell more than 3% in pre-market U.S. trading.

Today, due to issues with Cloudflare, the front ends of multiple exchanges and DeFi protocols went down, leaving users unable to access them. Although the problem has been fixed, it highlighted Web3's dependence on traditional cloud services.