Circle's Arc Token Presale Raises $222M

A whale on Hyperliquid opened two heavily leveraged short positions against Bitcoin and XRP, totaling $140 million, and is now up about $3.1 million in about nine hours. The wallet was funded with $7 million in USDC from an Arbitrum wallet, making it untraceable.

Keonne Rodriguez, developer of Samourai Wallet, received a five-year prison sentence and a $250,000 fine for operating an unlicensed money transmitter. The app enabled users to conceal Bitcoin transactions by mixing them with others, aiding in coin movement obscurity.

Keyboard Monkey won a $200,000 bet by correctly predicting Bitcoin's crash below $100,000 after a 17% monthly collapse. The bet was facilitated by Myriad, a prediction market platform developed by Decrypt's parent company, Dastan.

Ripple has spent over $2.4 billion acquiring four companies in 2025, but CEO Brad Garlinghouse announced a slowdown in acquisitions for 2026. The company aims to bridge traditional finance with decentralized finance through strategic purchases like prime brokers and treasury services.

The Fusaka upgrade aims to enhance Ethereum's speed and capacity by 10-fold, attracting institutional adoption. Ethereum faces challenges in maintaining its developer preference and scaling pace compared to competitors like Solana.

The government shutdown has led to a lack of official economic statistics, including the crucial Nonfarm PayRolls Report, impacting the Federal Reserve's monetary policy decisions. Challenger, Gray & Christmas reported a significant increase in job cuts, with layoffs tripling compared to October 2024, signaling a tightening labor market.

The Bank of England plans to match the U.S.'s pace in rolling out stablecoin regulations, aiming for operational rules by the end of next year. Deputy Governor Sarah Breeden emphasized the importance of aligning efforts with the U.S. to ensure a timely and coordinated approach.

Coinbase Europe has been fined $24.8 million by the Central Bank of Ireland for AML and counter-terrorist financing breaches, involving over 30 million transactions. The failure to monitor transactions properly allowed criminals to evade detection, resulting in 2,708 Suspicious Transaction Reports.

Fomo's co-founders raised $17 million in a Series A round led by Benchmark, securing a total of $19 million. They attracted 140 angel investors by pitching their super app concept offering millions of crypto assets across various blockchains with a social trading feature.

Coinbase has settled with the Central Bank of Ireland, paying a $24.7 million (€21.5 million) fine over "technical coding errors" affecting transaction monitoring in 2021 and 2022. After re-reviewing customer transactions, the errors led to the filing of approximately 2,700 suspicious transaction reports with the Irish government.