🔧 Fusaka Upgrade, Aster Roadmap, Solana Mobile’s SKR Token

Good afternoon,

Crypto markets remain steady as Bitcoin holds near $92K while investors await the upcoming Fed decision. Ethereum rolls out its Fusaka upgrade, Aster shares its 2026 roadmap including a Q1 launch for its L1 mainnet, and Solana Mobile prepares to debut its SKR token in January.

More news below! 👇

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News Roundup

Artificial Intelligence

• Mistral Strikes Back With Frontier AI Family Targeting DeepSeek (Decrypt)

• AI-Powered Scambaiting: ChatGPT Helps IT Worker Expose a Delhi Fraudster (Decrypt)

Decentralized, Centralized, & Traditional Finance

• Kamino Faces Backlash for Blocking Jupiter Lend Refinance Tool (The Defiant)

• Wall Street Skeptical as Washington Bets on a $3 Trillion Stablecoin Boom (Bloomberg)

• BlackRock and Coinbase Chiefs Say Crypto is Edging Further Into Mainstream Finance (Decrypt)

• Citadel Sparks Backlash After Urging SEC to Regulate DeFi Tokenized Stocks (Cointelegraph)

• Hyperliquid Strategies Moves 12M HYPE tokens to Hypercore, Begins Staking Program (MLM)

• Aster Releases 2026 H1 Roadmap, Aster Chain L1 mainnet launching in Q1 2026 (Aster)

• Russia’s VTB Bank Moves to Offer Direct Crypto Trading as Regulators Shift Stance (DL News)

• Ostium Surges Past $28B Volume as Commodities Dominate Trading (Ostium)

• Galaxy Acquires Alluvial to Expand Institutional Liquid Staking (The Defiant)

• Aave Expands CoW Integration With MEV-Protected Swaps and Intent-Based Flash Loans (The Block)

• MoneyGram Taps Fireblocks to Power Stablecoin Settlement Network (The Block)

• Kraken, Deutsche Börse Partner to Bridge Traditional Finance and Crypto (Kraken)

• China’s Huaxia Bank Issues $637M in On-Chain Bonds Fully Settled in Digital Yuan (DL News)

• Blockdaemon, VerifiedX Unite to Bring Venmo-Style Self-Custodial DeFi to the Mass Market (CoinDesk)

Exchange-Traded Funds

• Franklin Templeton Launches Solana ETF (SOEZ) on NYSE Arca (The Block)

• SEC Pauses Reviews of High-Leverage Crypto ETF Filings After Risk Warnings (Decrypt)

• U.S. Bitcoin spot ETFs recorded a $14.90M net outflow on Dec. 3.

• On Dec. 3, U.S. Ether spot ETFs saw $140M in net inflows.

• U.S. Solana spot ETFs logged $32.19M in net outflows on Dec. 3

• On Dec. 3, U.S. XRP spot ETFs posted $50.27M in net inflows.

• 21Shares’ TSOL Drives Record $32M Solana ETF Outflow Despite Strong On-Chain Inflows (Decrypt)

• SEC Greenlights First Leveraged Sui ETF as 21Shares Prepares Nasdaq Launch (Crypto Briefing)

Infrastructure

• Ethereum Activates Fusaka Upgrade (The Defiant)

• Ledger Uncovers Unpatchable Chip Flaw Allowing Full Smartphone Takeover (Decrypt)

• Revolut Adds Solana Payments, Transfers, and Staking (Crypto Briefing)

• Polymarket Launches Prediction Market App Inside MetaMask Mobile App (MetaMask)

• Ledger Partners With Lamborghini for Luxury Edition Ledger Stax (Ledger)

Markets

• Fanatics Teams With Crypto.com to Launch Prediction Market (The Block)

• BlackRock Stays Risk-On as AI and Stablecoins Transform Markets (Decrypt)

• $6B in Bitcoin Leverage Faces Liquidation as Traders Brace for Fed Decision (Decrypt)

• Indian Crypto Investors Shift Toward Diversified Portfolios, CoinDCX Reports (Cointelegraph)

• CZ-Backed Opinion Grabs 40% of Prediction Market Volume Just Weeks After Launch (Cointelegraph)

• Ethereum Jumps as Fusaka Upgrade Deploys Major Scaling Breakthrough (Decrypt)

• Why Tether Is Buying More Gold Than Many Central Banks (Cointelegraph)

• Ondo GM Tokenized Stocks on BSC Jump 20x After Binance Wallet Integration (Dune)

• Bitcoin Holds Firm as Exchange Balances Hit 7-Year Lows, Signaling Tightening Supply (The Block)

• Crypto Markets Hold Gains as Bitcoin Stays Above $92K Ahead of Fed Decision (The Defiant)

• CNBC Strikes Exclusive Deal With Kalshi as Prediction Markets Go Mainstream (The Block)

Metaverse

• Meta Considers Major Metaverse Cuts as Sector’s Crypto Tokens Collapse (The Block)

Mining

• Why Even New Bitcoin Mining Rigs Are Powering Down in 2025 (Cointelegraph)

• Malaysia Launches Task Force to Shut Down 14,000 Illegal Bitcoin Mining Rigs (CoinDesk)

• Thailand Seizes $8.6M in Bitcoin Mining Gear Tied to Chinese-Linked Scam Networks (Decrypt)

Politics & Regulation

• Connecticut Cracks Down on Prediction Markets and Crypto Platforms (Decrypt)

• Bitcoin Policy Institute Urges Trump to Pardon Samourai Wallet Developers (Cointelegraph)

• CFTC Opens Door to Regulated Spot Crypto Trading in the U.S. (CFTC)

• Tether-Linked Investor Gives Record $11.4M Donation to Reform UK (Decrypt)

Token Generation Events

• Solana Mobile to Launch SKR Token in January 2026 (The Block)

Treasuries

• Cantor Equity Partners Approves Merger With Twenty One Capital Ahead of NYSE Debut (Yahoo Finance)

• BitMine Adds $150M in ETH as Treasury Buying Slows Across Sector (Decrypt)

• American Bitcoin Scoops Up 363 BTC During November Market Drop (The Block)

• Solana Treasury Firm Solmate Jumps 11% on Planned RockawayX Merger (The Block)

Other News

• CertiK Flags $340K Exploit via Years-Old USDC Approval (Cointelegraph)

• Florida Court Allows $80M Binance Bitcoin Theft Case to Proceed (Bloomberg Law)

• How Neal Stephenson Imagined Bitcoin Before Bitcoin Existed (Cointelegraph)

• Two Arrested in Vienna for Brutal Crypto-Motivated Murder of Ukrainian Heir (oe24)

• Coinme Ordered to Repay $8M and Halt Operations in Washington (Decrypt)

• Argentina’s YPF Weighs Crypto Payments for Gasoline and Diesel (La Nacion)

• Justin Sun Alleges Techteryx Was Defrauded of $500M Through Kickback Scheme (Wu Blockchain)

Check This Out!

At Binance Blockchain Week 2025 in Dubai, leaders from Ripple, Solana, and Binance discuss crypto’s future heading into 2026.

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