December 8th, according to GMGN market data, Binance officially released a notice today at 19:05 regarding the "Handling of Employee Who Illegally Promoted a Meme Coin Using Binance's Official Account." The notice stated that the employee has been suspended pending further disciplinary action. Binance has proactively contacted and will fully cooperate with the relevant law enforcement agencies in the employee's jurisdiction to take appropriate legal action based on applicable laws.However, it is worth noting that after the publication of this notice, the "involved" Meme coin "Yellow Fruit Year," which was released by the violating employee, saw a surge in its price. At the time of writing, it has risen by over 900%, with the price reaching $0.006 at one point. The market capitalization has also surpassed $6 million but has since retraced to $5.33 million.

December 8th, according to a report by businessinsider, Joe Ciolli, the author of the First Trade column, stated that over the past 10 years, Bitcoin has risen in tandem with the U.S. stock market. However, as of 2025, the U.S. stock market has achieved a double-digit percentage increase, while Bitcoin is still in a loss-making range.The reasons for this include the fact that retail investors buying the dip are going into hiding. Their sentiment towards Bitcoin has cooled significantly, which is directly reflected in the slowing inflow of ETF funds.Another possible reason is that popular precious metals "gold and silver," which both hit new highs this year, have diverted some attention. Some believe that, at least at this stage, they have replaced Bitcoin in investment portfolios.Joe Ciolli added that the recent decline in Bitcoin may serve to purge some weak-willed speculators. Those who still hold Bitcoin are mostly staunch long-term supporters, many of whom may have held it for a considerable time. If Bitcoin can overcome some of its unique selling pressure concerns, such as the forced selling that large institutional holders like Strategy might engage in, then Bitcoin is likely to return to its position alongside stocks in the long run, especially if the interest rate cut is implemented as expected.

December 8th, according to LookIntoChain monitoring, BlackRock deposited 24,791 ETH (approximately $78.3 million) into Coinbase 12 minutes ago.

December 8thBinance announced on social media that its investigation into the "suspected employee token issuance" incident revealed that the involved employee was associated with a token that was minted on-chain at 05:29 on December 7th (UTC time). In less than a minute after the token was issued, the employee used a Binance Futures account to post a tweet containing images and text related to the token. Such conduct constitutes an abuse of power for personal gain, which seriously violates Binance's policies and code of ethics.The employee in question has been immediately suspended pending further disciplinary action. Binance has proactively reached out and will fully cooperate with the relevant law enforcement agencies in the employee's jurisdiction to take appropriate legal measures in accordance with the applicable laws. As part of the commitment, a total reward of $100,000 will be evenly distributed among the 5 earliest valid whistleblowers.

December 8th, according to official sources, Bitget has released a report on the trend of tokenized US stock trading during the earnings season. The data shows that during the earnings season from mid-October to the end of November, the trading activity of tokenized US stocks on the platform saw a significant increase, with a month-on-month trading volume growth of 452% in the spot market and 4,468% in the futures market. The report attributes this growth to three structural factors: the trading characteristics of tokenized assets, 5x24-hour accessibility, and diversified trading behavior from users in different regions.In terms of geographical distribution, traders from East Asia account for 39.66% of the total, serving as the main source of contribution. Meanwhile, users from Latin America, South Asia, Southeast Asia, and Europe also show active participation trends. The trading behavior further indicates that high-frequency traders execute an average of 51.7 trades per day, showing significantly higher activity levels than retail investors who participate selectively.As for the futures market, trading is concentrated on giant tech stocks represented by Tesla (TSLA), Meta Platforms (META), and MicroStrategy (MSTR), further confirming that in the tokenized US stock field, funds are rapidly flowing into high-profile blue-chip tech assets.

December 8th, according to Bloomberg, Ripple set a provision in a recent $500 million stock sale with a valuation reaching $40 billion, allowing investors to sell back shares at a higher price, essentially providing a profit protection mechanism for investors including Citadel.BlockBeats previously reported that, according to CNBC, digital asset and infrastructure company Ripple stated in early November that it had completed a $500 million financing round, with the company's valuation rising to $40 billion. This round of financing was led by funds managed by the following institutions: Fortress Investment Group-affiliated funds, Citadel Securities-affiliated funds, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.

BlockBeats News Update, December 8th, according to LookIntoChain monitoring, in the past 2 hours, trader 0x152e, who has accumulated over $9.6 million in profits, has established the following long positions:· 348.48 BTC, worth $32.1 million· 6,579 ETH, worth $20.8 million· 6,186 ZEC, worth $2.45 million

December 8, according to DefiLlama data, in the past 24 hours in the Perp DEX, the platform with the highest market value in trading volume has slightly increased compared to yesterday. Lighter has maintained the top spot for 10 days, while Aster remains second. The current trading volume in some Perp DEX platforms is as follows:Lighter has a 24-hour trading volume of approximately $8.22 billion, TVL of around $1.37 billion, and open interest of $1.65 billion;Aster has a 24-hour trading volume of approximately $6.48 billion, TVL of around $1.39 billion, and open interest of $2.53 billion;Hyperliquid has a 24-hour trading volume of approximately $6.22 billion, TVL of around $4.41 billion, and open interest of $5.96 billion;EdgeX has a 24-hour trading volume of approximately $5.13 billion, TVL of around $407 million, and open interest of $796 million;ApeX has a 24-hour trading volume of approximately $3.05 billion, TVL of around $46.8 million, and open interest of $89.42 million;Backpack has a 24-hour trading volume of approximately $1.25 billion, TVL is not disclosed, and open interest of $2.03 billion;Variational has a 24-hour trading volume of approximately $1.14 billion, TVL of around $72.86 million, and open interest of $320 million;Pacifica has a 24-hour trading volume of approximately $776 million, TVL of around $42.14 million, and open interest of $61.71 million.

December 8th, according to lookonchain monitoring, institutions seem to be accelerating their ETH holdings:· Amber Group withdrew 6,000 ETH (approximately $18.8 million) from Binance 2 hours ago.· Metalpha withdrew 3,000 ETH (approximately $9.4 million) from Binance 3 hours ago.

December 8th, a Mellon Bank analyst pointed out in a report that the market has fully digested the market's expectation of a rate cut by the Federal Reserve this month, but an increasing consensus believes that this will be a hawkish rate cut. This means that further monetary easing will depend on whether the economic data announced in March and June 2026 show weakness or if inflation further recedes.The analyst also noted that the upcoming change in the Federal Reserve Chair poses a risk, as the market will assess the policy tendencies of the new leadership. In addition, the FOMC will release its dot plot, likely confirming recent internal divergences within the committee on the policy stance.It is expected that committee members' views on the 2026 policy direction will diverge significantly, reflecting the bi-directional economic risks we anticipate.