OKX will list STABLE Perpetual Swap Trading
December 8 — Official sources confirm that OKX will officially launch the STABLEUSDT perpetual contract on December 8, 2025, at 9:30 PM UTC+8 across web, app, and API platforms, with support for up to 50x leverage.
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After Binance's release of the "Misconduct by Listing Fees Employee" announcement, the employee involved saw the meme coin they listed surge by 900%.
December 8th — Per GMGN market data (via
this link), Binance issued an official notice at 19:05 today regarding the "Handling of an Employee Who Illegally Promoted a Meme Coin Using Binance’s Official Account."
The notice states the employee has been suspended pending further disciplinary action. Binance has proactively reached out and will fully cooperate with relevant law enforcement agencies in the employee’s jurisdiction to take appropriate legal steps in line with applicable laws.
Notably, following the notice’s publication, the "involved" Meme coin *Yellow Fruit Year* — launched by the violating employee — saw a sharp price surge. At press time, it’s up over 900%, having briefly hit $0.006. Its market capitalization topped $6 million before retracing to $5.33 million.
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Opinion: Bitcoin Retail Selling Pressure Hits Bottom, Gold and Silver Diverge Market Attention
December 8 — Per a Business Insider report, Joe Ciolli, author of the *First Trade* column, noted that Bitcoin has tracked the U.S. stock market’s performance over the past decade. However, as of 2025, U.S. stocks have posted double-digit gains—while Bitcoin remains in negative territory.
Key drivers of the divergence:
- Dip-buying retail investors have gone quiet, with sharply cooled sentiment toward Bitcoin directly slowing ETF inflows.
- Precious metals gold and silver, which hit new highs this year, have drawn some investor attention away; some argue they’ve temporarily replaced Bitcoin in portfolios.
Ciolli added that recent Bitcoin declines may purge weak-handed speculators, leaving mostly staunch long-term holders (many with multi-year positions). If Bitcoin can address unique selling pressure concerns—such as forced selling by large institutional holders like Strategy—it’s likely to re-couple with stocks long-term, especially if interest rate cuts materialize as expec
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Binance: We have suspended the employee who violated Binance's account for illicit gains and will cooperate with law enforcement in taking legal action
**Binance: Employee Suspended Over Token Issuance Abuse**
December 8 – Binance said in a social media post Wednesday that its probe into a suspected employee token issuance incident found the employee in question was tied to a token that launched on-chain at 05:29 UTC on December 7.
Within a minute of the token’s launch, the employee used a Binance Futures account to tweet images and text related to the token. This conduct constitutes an abuse of position for personal gain, violating Binance’s policies and professional code of conduct.
The employee has been immediately suspended pending further disciplinary action. Binance has proactively reached out to and will fully cooperate with relevant law enforcement agencies in the employee’s jurisdiction to take appropriate legal steps in line with applicable laws.
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Bloomberg: Ripple's Recent $500 Million Funding Round Includes "Investor Return Protection" Clause
**December 8th (per Bloomberg):**
Ripple added a provision to its recent $500 million stock sale—valued at up to $40 billion—that lets investors sell back shares at a higher price, effectively providing a profit protection mechanism for backers including Citadel.
**Prior Context (BlockBeats/CNBC):**
Earlier, BlockBeats reported (citing CNBC) that Ripple announced in early November it had closed a $500 million funding round with a $40 billion company valuation. The round was led by funds managed by Fortress Investment Group affiliates, Citadel Securities affiliates, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.
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*Note: Aligned with U.S. media brevity, clear time framing, and standard financial jargon (e.g., "closed a funding round," "provision," "backers") for accuracy.*
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