「Buddy」 Faces Another Margin Call of 400 ETH, Recharged $1 Million Last Week, Now Only $140,000 Left

Update: Kalshi, the prediction market, hit a monthly trading volume record of $5.8 billion in November, per The Block data released December 1. That’s a 32% jump from the prior month. Additionally, fellow prediction market Polymarket notched its own November record—$3.74 billion in volume, marking a 23.8% rise from October. Combined, the two platforms’ trading volume neared $10 billion last month.

On December 1, BitMine released data showing it held 2,650,900 ETH as of September 29. Today’s figures put the holding at 3,726,499 ETH—meaning the firm increased its ETH positions by 1,075,599 over the past two months. Over that same period, ETH’s price has fallen from its October opening price of $4,142 to $2,811 (at time of writing), a 32% drop.

On December 1, on-chain yield platform Altura closed a $4 million funding round, per Decrypt. The round was led by Ascension, with participation from European private equity leader Moonfare, InnoFinCon, and other investors. Altura runs a single on-chain vault that uses a market-neutral strategy to generate stable yields. Users deposit stablecoins, and the vault drives protocol revenue via strategies including capturing exchange spreads, earning funding fees through position hedging, and rotating collateral into low-risk yield-bearing assets.

On December 1, BitMine announced its total holdings of cryptocurrency, cash and "potential assets" have reached $12.1 billion as of 6:30 PM Eastern Time on November 30. The asset breakdown includes: - 3,726,499 Ethereum (ETH) - 192 Bitcoin (BTC) - $36 million in equity of Eightco Holdings (NASDAQ: ORBS) (a "potential asset") - $8.82 billion in unencumbered cash Thomas "Tom" Lee, Chairman of Fundstrat and BitMine, stated: "Over the past week, BitMine acquired an additional 96,798 ETH. Looking ahead to December, the Fusaka Upgrade (also called Fulu-Osaka) is set to go live on December 3, bringing upgrades to scalability, security and usability. The Federal Reserve is poised to take key December actions: ending quantitative tightening (QT) and expected to cut interest rates again on December 10. More than seven weeks have passed since the October 10 liquidation event, signaling the crypto market has regained its footing. Taking all this into account, we believe these facto

On December 1st, official sources confirm that PENDLE has been added to the Bloomberg Galaxy DeFi Index. Additionally, Arthur Hayes noted in his essay *Adapt or Die* that TradFi is fighting to keep its dominant spot in stock trading. Eventually, all stocks—even the entire stock market—will be tokenized, but the success of stock perpetual futures doesn’t depend on waiting for equity tokenization to happen. Daily trading volume for stock perpetual futures has already topped $100 million, and as traders and liquidity providers grow more familiar with contract specs, billions in daily volume are on the horizon. Stock perpetual futures will emerge as a key tool for institutions and retail investors to hedge weekend risk, which will push major U.S. exchanges to speed up their shift to 24/7 trading. A strong entrepreneurial opportunity lies in building a derivative that lets retail investors speculate on interest rates in an entirely new way—and the Pendle team is focused on this, with

On December 1, CoinDesk reported that Gleec has acquired Komodo’s cross-chain DeFi business for $23.5 million. The deal includes Komodo’s brand, technology stack, token infrastructure, and core developers, granting Gleec full ownership of the system. The platform already supports Gleec’s decentralized exchange (DEX) and will enable faster integration with its other products—such as its crypto debit card, virtual IBAN, and fiat on/off ramp channels.