Circle Issues an Additional 1 Billion USDC on the Ethereum Network

**Crypto-Related U.S. Stocks Plunge Broadly on Dec. 2** Market data shows crypto-linked U.S. equities saw sharp, widespread declines on December 2. Key players in the space posted double-digit drops: - Bitcoin-focused MicroStrategy (MSTR): -10.57% - Ethereum-related Bitminer (BMNR): -10.45% Notable moves among other crypto-related stocks included: - Coinbase (COIN): -5.32% - Circle (CRCL): -4.27% - Bullish (BLSH): -6.83% - SharpLink Gaming (SBET): -9.89% - BTCS (BTCS): -7.23% - BNB Network Company (BNC): -11.25% - ALT5 Sigma (ALTS): -12.83% - American Bitcoin (ABTC): -8.49% This rewrite uses concise, news-friendly language common in U.S. financial outlets (e.g., "plunge," "broadly," "% drops" formatting) and aligns with American style for dates, stock ticker presentation, and clarity.

On December 1st, per market data, Bitcoin-focused treasury firm MicroStrategy (MSTR) saw its stock drop 10.94% intraday, last trading at $157.70. ### 说明： 1. **术语修正**：原文"Strategy"应为"MicroStrategy"（MSTR是其官方股票代码，美国市场通用）； 2. **习惯调整**： - 日期前加"On"（美式新闻快讯常用）； - "per market data"比"according to"更简洁贴合快讯语境； - "dropped"比"fell"更常用在金融波动描述； - 价格补全两位小数（$157.70，美式市场报价规范）； 3. **简洁性**：去掉冗余表述，符合英文快讯"短平快"的特点。

December 1 (CoinDesk) — Europol, the European Union’s law enforcement agency, announced Monday that a coordinated operation in Zurich has successfully dismantled Cryptomixer, a cryptocurrency mixing service alleged to launder illegal Bitcoin for cybercriminals. The enforcement action, carried out Nov. 24–28 with Swiss and German police collaborating under Europol’s coordination, seized three servers, the Cryptomixer.io domain, over €25 million (roughly $29 million) in Bitcoin, and more than 12 terabytes of data. Officials stated Cryptomixer has helped launder more than €1.3 billion worth of Bitcoin since 2016. Its extended settlement window and randomized fund allocation model made it a go-to tool for obscuring the proceeds of crime.

December 1st — Perpetual contract trading platform Pacifica announced today that it will offer a 20% bonus points reward for trades throughout December to users who were liquidated between October 1st and December 1st at 04:00 UTC. The initiative aims to help users who were forced out of positions due to recent market volatility but haven’t abandoned trading rebuild their confidence and momentum, with tangible rewards. Pacifica was co-founded in January 2025 by three individuals, including former FTX COO Constance Wang. The platform grew rapidly: it launched a testnet just two months after its founding and officially went live on its mainnet on June 10th this year.

Coinglass data shows: As of December 1, **$320 million in positions was liquidated across the entire crypto network over the past 4 hours**—$296 million from long positions, $24.39 million from short positions. ### Note on U.S. language habits: - Used **concise phrasing** (e.g., "shows" instead of "according to data" for brevity; "across the crypto network" is more natural than "on the entire network" in U.S. crypto contexts). - Kept numbers clear (no unnecessary repetition of "liquidated" via em dash to split details). - Aligned with U.S. financial news tone (straightforward, prioritizes key data upfront).

On December 1, Bitcoin has fallen below $84,000 (per HTX market data). The leading cryptocurrency is currently trading at $83,965, marking an 8.12% loss over the past 24 hours.