⛽ Trustless Gas Futures, AI Halving, Robinhood Expands

Good afternoon,

Markets are holding steady as Bitcoin hovers near $90K ahead of key economic data and the Fed’s next move. Meanwhile, Vitalik Buterin is proposing trustless on-chain gas futures to hedge future fees, Bittensor is nearing its first halving, and Robinhood is diving deeper into crypto with staking, perpetuals, tokenized equities, and its own L2 chain.

More news below! 👇

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News Roundup

Artificial Intelligence

• Bittensor Nears First Halving as Decentralized AI Ecosystem Gains Momentum (Grayscale)

• Circle CEO Envisions ‘Economic OS’ For AI Era (Wired)

• ZachXBT Says InfoFi Projects Are Polluting Ecosystem With “AI Garbage Content” (ZachXBT)

• Script to Remove Windows 11 AI Features Goes Viral Amid Growing Privacy Pushback (Decrypt)

Decentralized, Centralized, & Traditional Finance

• Texas’ Monet Bank Enters Crypto Banking Arena (CoinDesk)

• BPCE to Debut In-App Crypto Trading for Millions of French Banking Customers (Cointelegraph)

• Ondo Finance Urges SEC to Back Parallel Paths for Tokenized Securities in U.S. Markets (Ondo)

• Yield Basis Turns On Fee Switch After Attracting $130M in Bitcoin Deposits (DL News)

• BTSE Launches Exclusive Staking Program for STABLE Token (Wu Blockchain)

• RedotPay and Ripple Launch Instant ‘Send Crypto, Receive NGN’ Payment Feature (The Fintech Times)

• Mugafi Teams With Avalanche to Tokenize Films, Music, and Other Entertainment IP (Cointelegraph)

• Western Union to Launch Prepaid Stablecoin Card for Inflation-Hit Markets (Cryptonoticias)

• Strategy Underwriter Clear Street Reportedly Prepares 2026 Public Listing (DL News)

• Fidelity CEO Says Wall Street Will Be Dragged to Blockchain ‘Kicking and Screaming’ (DL News)

• Jupiter Exec Walks Back ‘Zero Contagion’ Claim as Rehypothecation Sparks Risk Debate (The Block)

• WisdomTree Launches Onchain Fund Tokenizing Income Strategy via Cash-Secured Puts (Cointelegraph)

• Argentina Weighs Reversing Bank Crypto Ban (FinanceFeeds)

• UAE’s First Islamic Bank to Offer Bitcoin Trading Launches Shariah-Compliant BTC Service (Cryptopolitan)

• Ripple’s $500M Share Sale Guaranteed Investor Profits (The Block)

• Yearn Finance Details $9M yETH Exploit, Recovers 857 pxETH and Rolls Out Fixes (The Block)

• Tether’s USD₮ Gains Multi-Chain AFRT Approval in Abu Dhabi’s ADGM (Tether)

• PayPal’s PYUSD Nears $4B as DeFi Incentives Drive Rapid Growth (DL News)

Exchanges

• South Korea to Impose Bank-Level Liability on Crypto Exchanges (Cointelegraph)

• Binance PoR Shows Rising BTC Balances as ETH and USDT Holdings Decline (Binance)

• Coinbase Reopens in India With Plans for 2026 Fiat On-Ramp (TechCrunch)

• Robinhood Enters Indonesia With Dual Brokerage & Crypto Acquisition (Reuters)

• Binance Secures Abu Dhabi Global Market Approval to Operate Global Platform (Binance)

• Bybit Partners with Circle to Expand USDC Ecosystem (Bybit)

• Binance Relocates Global Base to Abu Dhabi’s ADGM (Binance)

• Binance Suspends Employee After Insider-Info Misuse Allegations Surface (Binance Futures)

• Robinhood Expands Deep Into Crypto With Staking, Perp Futures, Tokenized Stocks, and Its Own Layer-2 Chain (Decrypt)

• Robinhood Cuts Fees and Adds 7x Leverage to Court Advanced Crypto Traders (The Block)

• Binance Surpasses 300M Users (Binance)

• Coinbase to List Plume (PLUME) and Jupiter (JUPITER) on December 9 (Coinbase)

Exchange-Traded Products

• From Dec. 1–5, U.S. Bitcoin spot ETFs saw $87.77M in net outflows.

• U.S. Ethereum spot ETFs recorded $65.59M in net outflows from Dec. 1-5.

• From Dec. 1-5, U.S. Solana spot ETFs posted $20.3M in net inflows.

• U.S. XRP spot ETFs logged $231M in net inflows from Dec. 1-5.

• Digital Asset ETPs Record US$716M Inflows as AuM Climbs to US$180B (CoinShares)

• XRP Leads ETF Boom With $900M Inflows Since Launch (DL News)

• BlackRock Files for Staked Ethereum ETF (SEC)

Gaming

• Postal Spinoff Canceled Amid AI Art Allegations and Escalating Fan Backlash (Decrypt)

Infrastructure

• Vitalik Calls for Trustless On-Chain Gas Futures to Hedge Fees (Vitalik Buterin)

• Base’s New Solana Bridge Sees Little Use Amid Divergent Ecosystem Priorities (Toly)

• ZKsync to Sunset Its Original ZK Rollup “Lite” in 2026 (The Block)

• Farcaster Abandons Social-First Vision, Pivots Fully to Wallet-Led Growth (Dan Romero)

• Zcash Founder Helps Power New Anonymous Phone Service Phreeli (Decrypt)

• Brevis Debuts ProverNet Mainnet Beta, the First Decentralized ZK-Proof Marketplace (Brevis)

• Tether-Backed Oobit Enters U.S. Market via Bakkt Partnership (The Block)

Markets

• Bitcoin Stalls at $90K as Ether Treasury Buying Plummets but Whales Keep Accumulating (Cointelegraph)

• Trump’s Security Strategy Jolts Bitcoin as Market Braces for Possible Crypto Winter (DL News)

• Ether Exchange Balances Fall to Decade Low, Raising Odds of a Supply Squeeze (Cointelegraph)

• Euro Stablecoin Market Doubles Post-MiCA as Adoption and Activity Surge (CoinDesk)

• LUNA and LUNC Surge as Prosecutors Seek 12-Year Sentence for Do Kwon (DL News)

• Only Four Layer-1 Tokens Are Up in 2025, With BCH Leading the Pack (Crypto Koryo)

• Large Token Unlocks Exceed $237M This Week, Led by CONX, APT, SOL and Others (Tokenomist)

• Bitcoin Climbs Above $91K Ahead of Fed Decision and Jobs Data (Decrypt)

• BTC and ETH Volatile on Thin Liquidity as Perp OI Drops 40–50% Ahead of FOMC (QCP)

• Smart Whales Open $426M in ETH Longs as Technicals Point Toward $4K (Cointelegraph)

• Bitfinex-Backed StableChain Goes Live With USDT Gas and STABLE Governance Token (The Block)

• U.S. Scraps October PPI as Shutdown Delays Leave Fed Flying Blind Ahead of Rate Decision (Cryptopolitan)

Mining

• MicroBT Unveils Ultra-Efficient WhatsMiner M70 Series (TheMinerMag)

Politics & Regulation

• ‘European SEC’ Proposal Raises Fears of Slower Crypto and Fintech Licensing (Cointelegraph)

• SEC Chair Predicts U.S. Markets Will Shift to Blockchain Within Two Years (Fox News)

• Canada Probes 2,500 Dapper Users as Crypto Tax Enforcement Lags Criminal Action (The Block)

• Trump Security Strategy Omits Crypto and Blockchain (Cointelegraph)

• SEC Releases Agenda for Dec. 15 Roundtable on Financial Surveillance and Privacy (SEC)

• SEC Closes Ondo Finance Probe With No Charges (Crypto in America)

• UK FCA Plans Investment Rule Reforms to Broaden Retail Access (Reuters)

• UK Anti-Corruption Strategy Targets Crypto Sanctions Evasion, Plans 2026 Illicit Finance Summit (Decrypt)

Token Generation Events

• HumidiFi Scraps Sniped Presale, Plans to Launch New Token on Solana (The Defiant)

• Aztec Network Raises $61M in ETH as New Auction Model Prioritizes Community Access (The Block)

Treasuries

• Bitcoin Treasury Firms Face Nearly $1B in Unrealized Losses as Premiums Collapse (DL News)

• Crypto Treasury Stocks Collapse After Early-Year Boom (Bloomberg)

• BitMine Immersion Pushes ETH Holdings to 3.86M Tokens, Total Assets Hit $13.2B (PR Newswire)

• Strategy Buys 10,624 BTC for $962.7M in Dec. 1–7 Accumulation Spree (Strategy)

• MetaPlanet Unveils “MARS” Preferred Shares to Accelerate Bitcoin Buying (Yahoo Finance)

Venture Capital

• VCs Pour $155M Into Crypto Startups as 2025 Fundraising Surges Past Expectations (DL News)

• Paradigm Invests $13.5M in Brazilian Stablecoin Startup Crown (The Block)

Other News

• Study Finds Major Prediction Markets Fall Short of Accuracy Claims (DL News)

• Two Rare Casascius Coins Move 2,000 BTC After 13 Years of Dormancy (Cointelegraph)

• Updated Crypto Gift Guide 2025 (Decrypt)

• ETF Analyst Says Bitcoin’s Longevity Makes Tulip Comparisons Obsolete (Cointelegraph)

• Why Decentralized Messaging Is Becoming Essential (Cointelegraph)

Check This Out!

Public curiosity around currency erosion is soaring — Google searches for “dollar debasement” reached their highest level ever this quarter. Will that drive more people to explore Bitcoin and other cryptocurrencies as alternatives?

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