🗃️ 20M ChatGPT Logs, Beeple's Robot Dogs, X Fined

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The crypto market dips as Bitcoin, Ethereum, and XRP slide amid $500 million in liquidations. Meanwhile, OpenAI faces a major court order in the NYT copyright case, Beeple turns heads at Art Basel with $100K NFT-generating robot dogs, and Elon Musk’s X is fined €120 million over misleading blue checkmarks.

Let’s unpack this and more! 👇

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News Roundup

Artificial Intelligence

• Alien Launches Private, Decentralized Human-Verification System (The Block)

• Judge Orders OpenAI to Hand Over 20M ChatGPT Logs in NYT Copyright Lawsuit (Decrypt)

Decentralized, Centralized, & Traditional Finance

• Perps DEX Lighter Expands Into Spot Trading (The Block)

• SEC Tokenization Debate Exposes Divide Between TradFi and Crypto on Regulating DeFi (The Block)

• Ex-Signature Executives Launch N3XT, a Full-Reserve Blockchain Bank (CoinDesk)

• IMF Warns Stablecoins Could Undermine Central Bank Control (Decrypt)

• India's DRI Says Smugglers Are Replacing Hawala Networks With Stablecoins (Decrypt)

Exchanges

• Upbit Deletes All Old Deposit Addresses After Security Breach, Users Must Generate New Ones (Upbit)

• HashKey to Start Taking Orders for $200M Hong Kong IPO Next Week (Bloomberg)

• Paribu Buys CoinMENA for Up to $240M, Secures Dubai and Bahrain Licenses (The Block)

Exchange-Traded Funds

• U.S. Bitcoin spot ETFs saw $195M in net outflows on Dec. 4.

• On Dec. 4, U.S. Ethereum spot ETFs posted $41.57M in net outflows.

• U.S. XRP spot ETFs posted $12.84M in net inflows on Dec. 4.

• On Dec. 4, U.S. Solana spot ETFs recorded $4.59M in net inflows.

• WisdomTree Launches First Ethereum Staking ETP Using Lido’s stETH (The Block)

Infrastructure

• Base–Solana Bridge Goes Live on Mainnet (Base)

• Ethereum Sandwich Attacks Drop Sharply but Still Cost Users Millions (Cointelegraph)

• How Zama Plans to Make FHE the Default Privacy Layer for Blockchains (Wu Blockchain)

Markets

• BlackRock’s Larry Fink Says Sovereign Wealth Funds Bought BTC Dip Below $90K (CoinDesk)

• Myriad Traders Turn Bullish on BTC and ETH as Odds Shift Toward Recovery (Decrypt)

• Precious Metals Surge While Bitcoin Lags Amid Fed Policy Fears (Decrypt)

• US Risk Appetite Falls as Fewer Investors Consider Buying Crypto (Cointelegraph)

• Ethereum Options Traders Turn More Optimistic Than Bitcoin (Decrypt)

• Polymarket’s Plan to Trade Against Its Own Users Sparks Trust and Regulatory Concerns (CoinDesk)

• US Core PCE Cools Slightly in September (BEA)

• Bitcoin, Ethereum, and XRP Slide as $500M in Liquidations Hit Market (Decrypt)

• SYRUP Jumps 16% After Maple Executes 2M Token Buyback (The Defiant)

Meme Coins

• Zerebro Founder Reappears With AI-Written Manifesto and New Solana Meme Coin (Decrypt)

Non-Fungible Tokens

• Beeple Unveils $100K Robot Dogs With Musk, Zuckerberg, and Warhol Heads That “Poop” NFT Art at Art Basel (Decrypt)

Politics & Regulation

• EU Probes Meta Over WhatsApp AI Restrictions (Decrypt)

• Italy Warns Investors and VASPs: MiCAR Transition Ends Dec. 30, 2025 (Consob)

• Italy Launches Deep Review of Crypto Risks, Citing Rising Systemic Exposure (Decrypt)

• EU Fines X €120 Million for Breaching Transparency Obligations (European Commission)

• EU Proposes Centralizing Crypto Oversight Under ESMA (CoinDesk)

• Indiana Lawmakers Push Bill to Position State as a Bitcoin Leader (Bitcoin Magazine)

• Three Sticking Points Stall Senate Crypto Market Structure Bill (The Block)

• Poland Fails to Override Presidential Veto on Crypto Bill (Bloomberg)

• DOJ Seeks Full 12-Year Sentence for Terra Founder Do Kwon (Decrypt)

Treasuries

• AlphaTON Files $420.69M Shelf to Invest in TON tokens, Telegram Mini-Apps, and Cocoon AI (The Block)

• CEA Industries Reaffirms BNB Treasury Strategy Amid YZi Labs Dispute (Business Insider)

• Bit Digital Reports 154,398.7 ETH in Treasury With 89% Staking Rate for November 2025 (PR Newswire)

Other News

• Cloudflare Outage on Dec. 5 Triggered by WAF Configuration Error (Cloudflare)

• International Takedown Halts $815M Crypto Fraud and Laundering Network (The Block)

• ZachXBT Says Suspect in $243M Genesis Creditor Theft Likely Arrested (The Block)

• China’s Web3 Hiring Rebounds, but Talent Shortage Persists (DeJob)

• Maryland Man Sentenced for Enabling North Korean IT Infiltration (Decrypt)

Check This Out!

Because mining one BTC now costs $74.6K in cash, or $137.8K all-in with depreciation and SBC, public miners are turning to AI and HPC to boost returns.

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