On December 19, according to the Hong Kong Economic Times, Xu Zhengyu, Secretary for Financial Services and the Treasury of Hong Kong, said at the event on Friday (19th) that as of the end of September this year, 36 applications for stablecoin licenses from various industries have been received. It is expected that some licenses will be issued early next year. Priority will be given to sound reserve management, price stability and anti-money laundering measures. He pointed out that the relevant ...
According to DLNews, the founder of Defi Protocol Stream Finance has filed a lawsuit against the partner, accusing it of misappropriating $93 million of funds. Stream Trading Corp. accused Georgia resident Ryan DeMattia of using the funds to cover his losses after defaulting on his personal loan, while Florida resident Caleb McMeans was accused of failing to meet the terms of an agreement signed in January, according to the lawsuit. It is reported that McMeans took over in January...

Google’s IL5-approved model has become the first generative AI deployed across the War Department as competition with China grows.
On December 4th, Nemil Dalal, a former Coinbase product director, will join Y Combinator as a Visiting Partner to focus on the crypto space. "Personally, YC had a transformative impact on me in 2012. It allowed me to learn valuable lessons to build early-stage startups. This has been a great benefit for me to incubate products such as USDC, Coinbase Developer Platform and x402 later. It's great to give back to the YC community, it has given me a lot." Nemil Dalal worked at Coinbase for seven yea...
OpenAI's data center partners are accumulating nearly $100 billion in borrowings tied to the loss-making startup, while OpenAI itself is benefiting from a debt-fueled spending spree without financial exposure. Companies such as SoftBank, Oracle and CoreWeave have borrowed at least $30 billion to invest in the startup or help build its data centers, according to an analysis by the Financial Times.

The bipartisan bill seeks to combat rising AI fraud threat with harsh penalties for wire fraud, money laundering, impersonation.
The Movement Foundation said in a statement on the X platform that it has been four months since the fulfillment of the repurchase commitment. In order to increase the transparency of the tokens in the repurchase wallet, it plans to transfer some tokens from the MOVE strategic reserve on the Ethereum mainnet to the strategic reserve on the native Movement Network to support ecosystem projects and incentives. Movement said that in the future, ERC-20 tokens will still be sent to the exchange regul...
The White House posted a video on its X platform mocking the failure of Democrats Temu Obama and Chuck Schumer's government shutdown plan, with the caption "Democratic government shutdown, rest in peace. October 1, 2025 - November 12, 2025."
Polymarket announced that it has now become the exclusive prediction market partner of Yahoo Finance.
Danny Nelson, a research analyst at Bitwise, wrote on the X platform that Coinbase's ICO platform "solves" many of the participation threshold issues that are common in token offerings, and the platform also adds parameters to curb the behavior of short-term speculators. However, the platform has done little to address the more central issue facing tokens - how to ensure that these assets give their holders corresponding rights and rewards.