Venus Labs plans to compensate eligible users who suffered losses due to the decoupling of WBETH prices

- S&P Global downgraded Tether's USDT to "weak" (5) due to increased exposure to volatile assets like Bitcoin (5.6% of reserves) and transparency gaps in custodians and reserve management. - Tether CEO Paolo Ardoino dismissed the downgrade as traditional finance's "loathing" of digital assets, emphasizing the firm's overcapitalization and resilience through market crises. - Chinese traders reacted with skepticism and anxiety to the downgrade, despite USDT's $184B market cap and its role as a backbone of th

- Ethereum showed early rebound signs as RSI rose from oversold levels and MACD signaled bullish momentum, though Death Cross patterns highlighted lingering bearish risks. - Bitcoin's rebound above $90,000 revived BlackRock ETF profitability, with $3.2B in unrealized gains, contrasting Ethereum's struggle to break above $3,468 EMA. - Market caution persisted as BitDegree Fear & Greed Index remained in "Fear" territory at 28, reflecting regulatory uncertainty and sideways crypto trading dynamics. - Structur

- Ethereum developers are finalizing the Fusaka upgrade (Dec 3), introducing PeerDAS to reduce data verification costs and boost layer-2 scalability. - The upgrade enables 100,000+ TPS via BPO forks and 60M gas limit increases, enhancing transaction throughput while maintaining decentralization. - Historical context includes prior upgrades (Merge, Dencun) and market reactions showing mixed sentiment despite improved technical metrics. - Security features like EIP-7934 (10MB block cap) and deterministic pro

- BlackRock's IBIT ETF became its top revenue source with $42.8M inflows, outperforming rivals like FBTC (-$33.3M). - Growing investor demand for regulated Bitcoin exposure highlights shifting preferences toward established asset managers. - Sustained inflows reflect institutional adoption trends and hedging against macroeconomic risks via compliant BTC access. - ETF liquidity and transparency advantages position them as bridges between traditional finance and digital assets. - Market watchers monitor flow