Odaily Planet Daily news: Liquid Capital posted on X stating, “After the Ethereum Fusaka upgrade, the blob base fee skyrocketed by 15 million times. The core reason is that EIP-7918 introduced a ‘minimum fee mechanism’ for blobs—previously, there was no minimum limit on blob fees, so they were stuck at 1 wei (almost free) for a long time, resulting in nodes shouldering the costs of KZG verification and more without reasonable returns. After the upgrade, blob fees must be ≥ 1/15.258 of the L1 execution base fee, directly anchoring fees to the real network cost. This design allows prices to reflect actual resource consumption (preventing L2s from using network resources for free), and also uses price fluctuations to regulate blob traffic and prevent congestion, while PeerDAS technology increases blob storage capacity; this

Odaily Planet Daily News: Kevin Hassett, the Director of the White House National Economic Council and a leading candidate to become the next Federal Reserve Chair, reiterated on Friday his expectation that Fed policymakers will cut interest rates at next week's meeting. "Now is a good time for the Fed to cautiously cut rates again," he said on Fox Business Channel. He predicted that as the economy recovers from the recent federal government shutdown and new factories come online, there will be an economic boom in early 2026. Hassett also publicly supported Treasury Secretary Besant's proposal to add a residency requirement for regional Fed presidents. Hassett said, "The reason we established all these regional Feds was to ensure a federal system where regions with different concerns could all have a voice at the decision-making level." Besant said on Wednesday that she would push for new rules requiring candidates for regional Fed presidents to have lived in their district for at least three years—a measure the Trump administration accuses the Fed of exceeding...

Odaily Planet Daily news: SlowMist’s Cosine posted on the X platform that user Babur suffered a theft of crypto assets worth $27 million. According to analysis, the stolen assets mainly involve two addresses: Solana address 91xu and Ethereum

Odaily Planet Daily reports that Eli Ben-Sasson, CEO of StarkWare and co-founder of Zcash, stated on the X platform that in his first conversation with Michael Saylor, founder and executive chairman of Strategy, he explained Starknet's mission to promote the development of the Bitcoin economy. In addition, another topic they discussed was privacy. Saylor believes that Bitcoin should not have privacy features, or at least should not adopt a privacy model similar to Zcash, as this would give sovereign states a reason to ban it. Ben-Sasson disagrees. Ben-Sasson believes that it is possible to balance both, i.e., to provide privacy protection while allowing for key viewing. They also exchanged views on OPCAT. Saylor is concerned that changes

Odaily Planet Daily news: On-chain detective ZachXBT previously revealed that Danny / Meech, also known as Danish Zulfiqar (Khan), is suspected to have been arrested by law enforcement and had his crypto assets seized. He was involved in the $243 million Genesis creditor theft in August 2024, along with Malone, Veer, Chen, and Jeandiel. However, The

Odaily Planet Daily reports that 21Shares co-founder Ophelia Snyder stated that the current market downturn is almost unrelated to "any cryptocurrency-specific factors," but it is unlikely that Bitcoin will rise again at the beginning of next year. Snyder said that the current drivers of low volatility are unlikely to dissipate completely in the short term, and whether the market at the beginning of next year can repeat the performance seen this year will heavily depend on broader market sentiment. She explained that January usually sees "new inflows" into Bitcoin ETFs as investors rebalance and adjust their portfolios at the start of the year. After climbing to the current high of $125,100 on October 5, Bitcoin entered a downtrend, following a $19 billion crypto market liquidation event on October 10. According to CoinMarketCap data,

Odaily Planet Daily news: According to official data, the world-leading crypto asset trading platform Gate has officially launched a new security product, Gate Safe, earlier. Since its launch, the product has attracted over 10,000 users to apply for use. Currently, "Gate Safe" is available for free for a limited time to VIP3 and above users, and is one of the important value-added services in the Gate VIP system. In addition to the Safe, VIP users can also enjoy multiple premium benefits such as private wealth management and exclusive VIP financial products, achieving a comprehensive upgrade in both asset security and management experience. It is reported that "Gate Safe" is based on Multi-Party Computation (MPC, Multi-Party

Odaily Planet Daily News: According to official sources, Gate has once again teamed up with the F1 Red Bull Racing Team to launch the fourth installment of the "IN THE MOMENT" digital collectible series. As the final chapter of the series, this issue will be available for free for a limited three-day period from December 5, 08:00 to December 7, 08:00 (UTC+8). During the event, two brand new NFTs will be released each day in limited quantities, on a first-come, first-served basis for global users. Building on the 3.2 million cumulative mints from the first three installments, users who collect all six collectibles from this issue will be eligible to participate in a site-wide lottery, and those who collect all 24 collectibles from all four issues will have a chance to win the ultimate grand prize. The fourth installment continues the series' digital art style, showcasing the Red Bull Racing Team's highlights from six iconic F1 race weekends in history. Additionally, to lower the participation threshold, the Gate platform will subsidize users who participate through its official channels during the event period.

Odaily Planet Daily news: Blockchain company Digital Asset Holdings LLC, operating in the financial sector, has completed a new round of financing, raising $50 million. Investors include Bank of New York Mellon Corp. (BNY Mellon), Nasdaq Inc., S&P Global, and iCapital. This new funding round follows the company’s earlier $135 million fundraising completed earlier this year. The previous round was led by DRW Venture Capital and Tradeweb Markets, with market makers such as Citadel Securities, IMC, and Optiver participating. Digital Asset Holding

Odaily Planet Daily reports that Peter Schiff, senior economist and founder & chief market strategist of Euro Pacific Asset Management & Schiff Gold, said: "To me, the worthless thing about Bitcoin is that it can hardly do anything. Sure, you can transfer it to each other, and the system is quite smart, but at the end of the day, the Bitcoin I transfer is basically useless."

Odaily Planet Daily news: X platform fintech blogger @oostmarcel revealed that Revolut, the largest financial app in Europe with 65 million users, has launched "Street Mode," which is considered one of the smartest security upgrades in fintech this year. It is reported that due to the surge in mobile phone thefts in Europe and the escalation of criminal methods—where robbers force victims to complete selfie verification before fleeing, a trend known as "transfer robbery"—Revolut's solution is "context-aware security." This feature allows users to set "trusted locations" (such as home, office, hotel), and outside these areas, transfers exceeding a set limit will trigger extra selfie verification and a 1-hour delay restriction. This 1 hour is a critical window during which users or anti-fraud teams can freeze the funds in time. In comparison, traditional banks' security measures are static, while Revo

Odaily Planet Daily News: Kaito AI officially posted on X, stating that eligible related "zuilu" users and Kaito eco holders can now register for the @cysicxyz airdrop under the "Airdrop" tab on the platform. Kaito ecosystem eligibility: - Hold more than 5,000 sKAITO or YT-sKAITO tokens, and have a 7-day time-weighted average of more than 5,000 tokens; -

Odaily Planet Daily News: According to official sources, Web3 infrastructure developer Startale, led by Sony, has announced the launch of Startale USD (USDSC) stablecoin. USDSC is built on the compliant stablecoin platform M0 and aims to, through the Startale app,

Odaily Planet Daily reports that U.S. Treasury Secretary Bessent stated that the Trump administration's regulatory reforms will release an additional $2.5 trillion in lending capacity for banks. During economic downturns, reliance on private credit will have a procyclical effect, and the growth of private credit stems from overly strict regulation of the banking system. (Jinshi)

Odaily Planet Daily News: Kyle Samani, Chairman of the Board of DAT treasury company Forward Industries, which has the largest SOL holdings (and also co-founder of Multicoin), posted on X saying: "The most underrated news from yesterday's Forward Industries investor call might be that we are building our own Prop AMM. The product is currently in testing. Built by Jump and

Odaily Planet Daily reports that Gate founder and CEO Dr. Han was invited to appear as a guest on the mainstream financial media CNBC’s live TV interview program, where he provided an in-depth analysis of recent Bitcoin volatility and the overall market correction. As a guest on the show, Dr. Han focused on the current macro changes in Bitcoin’s environment, emphasizing the multiple factors currently affecting digital asset prices. During the interview, Dr. Han started from on-chain data and market trends, analyzing Bitcoin’s resilience, the key drivers behind recent volatility, and the market signals that deserve close attention in the current financial environment. He pointed out that despite short-term pressure, the industry’s long-term outlook remains solid as structural trends such as increased institutional participation, the gradual formation of a global regulatory framework, and the repricing of risk cycles continue to strengthen. Dr. Han’s appearance on CNBC not only demonstrates Gate’s continuously rising influence in the industry, but also

Odaily Planet Daily news: Software infrastructure provider Antithesis announced the completion of a $105 million Series A financing round, led by Jane Street, with participation from Amplify Venture Partners, Spark Capital, Tamarack Global, First In Ventures, Teamworthy Ventures, and Hyperion Capital, as well as individuals such as Patrick Collison, Dwarkesh Patel, and Sholto Douglas. Antithesis has consistently emphasized the credibility of cryptocurrency, stating that the Ethereum network used its simulations to model extreme scenarios before the Merge, and discovered vulnerabilities prior to the transition to Proof of Stake.

Odaily Planet Daily reports that Parataxis Holdings has announced plans to acquire data security company Sinsiway for $27 million, and to transform it into an Ethereum (ETH) asset management company renamed Parataxis ETH, making it South Korea’s first ETH treasury platform backed by U.S. institutional capital. The new entity will hold ETH as a core part of its strategy, linking traditional finance with on-chain assets, and will become Parataxis

Odaily Planet Daily News: According to official sources, Circle's native USDC and CCTP have launched on Starknet. Circle's integration enables Starknet to provide seamless cross-chain transfer infrastructure, institutional-grade settlement, and low-cost global payments.

Odaily Planet Daily News: The Federal Reserve appears to have finally reversed its unprecedented losses that lasted for three years. Data released in recent weeks shows that since early November, the Fed has returned to profitability, allowing it to slowly fill the accounting line used to record losses. In addition, since November 5, the size of the Fed’s so-called "deferred asset" has decreased, dropping from $243.8 billion to $243.2 billion as of November 26. Rate cuts have largely ended the Fed’s losses, meaning the cost it pays banks to maintain the federal funds rate target range has decreased. After peaking at 5.25% to 5.5% in 2023, the Fed’s federal funds rate is currently maintained at 3.75% to 4%. Given officials' concerns about the labor market, the Fed may further cut rates in the future. (Jinshi)

Odaily Planet Daily news: According to on-chain analyst Ai Yi’s monitoring, high-frequency contract trader (0xa43...57d28) is currently the second largest Hyperliquid ETH long position holder, with a current floating profit of $3.32 million. Three days ago, this address opened a 7x long position in ETH, holding 19,860.72 ETH, worth about $60.58 million, with an average entry price of $2,884.03. Prior to this, out of 19 trades made by this address in the past three days, only 2 resulted in small profits.

Odaily Planet Daily News - According to Cambodian media, the Huiwang Group announced that due to recent changes in the external market environment, millions of users have rushed to withdraw funds in a short period of time. To ensure the safety of user funds and the smooth progress of subsequent payouts, the group has decided, after careful evaluation and internal research, to implement a phased delay in payment arrangements. Regarding this matter, security agency Bitrace stated that Huionepay mainly operates its stablecoin payment business on the Ethereum and TRON networks. All business addresses on the Ethereum network had almost completely depleted their USDT balances by October, with the last valid outgoing transaction occurring on November 3, and no further withdrawal activities since then. On the TRON network, business shutdowns were carried out gradually. On the 3rd, 7th, 17th, 19th, and 24th of that month, Huionepay transferred the balances from hot wallet addresses in batches to