A California Man Admits to Laundering Funds for $2.63 Billion Cryptocurrency Scam Ring

Update: Dec. 10 — Onchain Lens monitoring confirms SpaceX transferred 1,021 BTC (valued at ~$94.48 million) to a new wallet address 35 minutes ago.

On December 10, per LookOnChain monitoring, whale address 0x76AB switched to leveraged long positions on ETH after selling its spot ETH holdings. Key operations: - Sold 1,654 ETH, netting 5.49 million USDC; - Deposited the proceeds into the Hyperliquid platform; - Opened a 7x leveraged long position equivalent to 11,543 ETH (valued at ~$38.4 million). The liquidation price for this leveraged position is $2,907.6.

Binance Alpha will list RaveDAO ($RAVE) on December 12. After trading goes live, eligible users can claim the airdrop using their Binance Alpha Points on the Alpha event page.

**December 10: Huobi HTX Launches WET/USDT Perpetual Contract** Per official announcement, Huobi HTX has rolled out the WET/USDT perpetual contract on December 10, offering up to 20x leverage. Additionally, the exchange will host a WET contract trading event running from 3:00 PM UTC+8 on December 10 to 3:00 PM UTC+8 on December 17. The total prize pool for the event is capped at $10,000. During the event: - Users who sign up and trade WET/USDT perpetual contracts with a cumulative volume of at least $10,000 USDT will qualify to share the prize pool based on their trading volume rankings. - New users trading WET/USDT perpetual contracts will also receive exclusive perks. ### Notes on American English Adaptations: 1. **Date Format**: Used `December 10` (common in US casual/business writing; `December 10th` is also acceptable, but numeral-only suffixes are often omitted for brevity). 2. **Time Format**: Converted to `3:00 PM` (US standard for 12-hour clock). 3. **Vo

On December 10, Binance CEO Changpeng Zhao (CZ) took to social media to announce his personal WeChat account has been recovered. He currently suspects the hacker responsible continues to lurk by reaching out via feedback requests, help inquiries, and friend requests, then modifying his password through external verification.

On December 10, analytics platform LookOnChain shared in a social media post that following Binance’s announcement of its DOYR Alpha trading launch, trader 0xa7b5 paid an extra 6.8 BNB (≈$6,074) in miner fees and spent 44.8 BNB (≈$40,079) to acquire 2.55 million DOYR tokens. They later sold the tokens for 32.12 BNB (≈$28,734), resulting in a total loss of $17,400. Meanwhile, trader 0x8A70 only paid 0.794 BNB (≈$709) in gas fees, successfully spent 239 BNB (≈$213,820) to buy 28.8 million DOYR, and sold the tokens for 282.5 BNB (≈$252,000)—netting a $38,000 profit with a 15% return rate. Notably, 0xa7b5 paid higher fees but still completed their purchase one second later than 0x8A70.