Robinhood Executive Says Company is Still Weighing Crypto on Balance Sheet

On December 5, shortly after the Ethereum network’s Fusaka upgrade, a bug in the Prysm consensus client triggered a sharp drop in validator participation rates—with a large number of voting nodes going offline. In a Thursday announcement, Prysm explained its v7.0.0 client unnecessarily generated an outdated state while processing stale attestations, causing node malfunctions. Developers advised users to temporarily launch the client with the `--disable-last-epoch-targets` flag as a workaround. Data from Beaconcha.in shows that in Epoch 411,448, the network’s sync participation and voting participation rates fell to 75% and 74.7%, respectively. Voting participation dropped by 25%, coming just 9 percentage points short of the two-thirds (66.6%) supermajority required to maintain network finality. The decline’s magnitude roughly aligns with Prysm’s share of network validators, suggesting attestation failures were concentrated among Prysm users. Previously, Prysm’s share peaked at

December 5 — Per an official announcement, Solana-based perpetual contract trading platform Pacifica has rolled out its sub-account page. Users can easily create and manage sub-accounts after connecting their wallets. Additionally, Pacifica’s trading competition launches December 8 and runs for 10 days, with a comprehensive ranking of top traders available throughout the event. Also debuting: Coinbob Pacifica (@CoinbobPAC_bot) — a blockchain analysis tool that monitors Pacifica’s on-chain addresses and provides copy-trading services. It also supports copy-trading Hyperliquid addresses, allowing users to earn both strategy profits and Pacifica incentive points via trading for dual benefits.

On December 5th, CryptoQuant analyst @AxelAdlerJr noted that combining Bitcoin on-chain signal indicators, the current market has entered a deep adjustment phase—one that stretched to a year in the previous cycle. Bitcoin’s current maximum retracement from its all-time high sits at -32%, placing it in the intermediate zone between a deep pullback and a market bottom. If macroeconomic conditions and on-chain signals fail to improve, there’s still risk of further downside. In short, the current signal set indicates the market is in a structural adjustment phase: the NUPL (Net Unrealized Profit/Loss) metric aligns with historical bear market territory, and the -32% retracement has exceeded typical cyclical adjustments. As long as on-chain and macro indicators show no signs of improvement, the likelihood of continued declines remains high. A recovery will take time and require a shift in internal sentiment within the network’s profit-loss structure.

On December 5, research firm Messari released an in-depth report on Talus. The report notes Talus is building infrastructure for a decentralized, AI-powered automated economy. Its core Nexus framework aims to standardize on-chain AI service operations, enabling transparent, verifiable agent activity. Talus launched its testnet in September 2025, and its first consumer-facing app—Idol.fun—has attracted over 35,000 independent validation users. The project has raised more than $10 million in funding, led by Polychain Capital, with participation from the Sui Foundation, Mysten Labs’ Walrus Protocol, and other institutions.

On December 5, WEEX announced it will repurchase 2,000,000 USDT worth of WXT after the first phase of its contract mining activity wraps up (scheduled to end December 16, 2025). The move is to thank users for their support of contract mining and the WXT ecosystem. The first phase of WEEX’s contract mining is currently live, running from November 26 to December 15. Users joining contract trading during this period can get up to a 30% real-time transaction fee rebate in WXT. Launched in July 2024, WXT has seen peak growth of over 358%, with its latest price up 192% from its issuance price. As of December 5, CMC data shows WXT’s year-to-date growth is 72.95%, ranking top 5 among CEX platform tokens by annual growth rate.

On December 5th, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that SpaceX transferred 1,083 BTC (valued at $99.81 million) again — one week after its previous BTC transfer. Of this latest move, 800 BTC ($73.71 million) went to the new address bc1qy...xv5g9, which has not been moved yet. The BTC SpaceX sent to a new address a week ago also remains unmoved.