Crypto and Defi News

Crypto is dangerous as builder reflects on eight years in crypto, calling the industry a massive casino that lost its purpose and corrupted its ideals, arguing speculation has replaced innovation and warning of long-term harm to younger generations.

Crypto is dangerous as builder reflects on eight years in crypto, calling the industry a massive casino that lost its purpose and corrupted its ideals, arguing speculation has replaced innovation and warning of long-term harm to younger generations.
𝕏/@kenchangh
Top Comment
kendrickllama555

Ken Chang is such a loser. If price was up 10x he would have not written such loser's piece like this lol.

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France’s banking giant BPCE set to let millions trade BTC, ETH, SOL and USDC directly in its apps, starting with 2M users before expanding nationwide through 2026. Fees: €2.99/month + 1.5% per trade.

France’s banking giant BPCE set to let millions trade BTC, ETH, SOL and USDC directly in its apps, starting with 2M users before expanding nationwide through 2026. Fees: €2.99/month + 1.5% per trade.
CoinTelegraph

USPD was hacked via a UUPS proxy exploit, letting an attacker spoof upgrade events and control the implementation. Herd’s explorer highlights these risks, showing how traditional tools can miss such manipulations.

USPD was hacked via a UUPS proxy exploit, letting an attacker spoof upgrade events and control the implementation. Herd’s explorer highlights these risks, showing how traditional tools can miss such manipulations.
𝕏/@andrewhong5297
Top Comment
GroupAnonymousBot

How is standard process of deploying an OZ proxy is vulnerable to that in the first place!

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You say you want a revolution? Who radicalized you to crypto?

You say you want a revolution? Who radicalized you to crypto?
𝕏/@jillgun

Market week ahead: Fed’s Expected December Rate Cut Poised to Set the Tone for Global Central Banks in a Pivotal Week for Monetary Policy.

Market week ahead: Fed’s Expected December Rate Cut Poised to Set the Tone for Global Central Banks in a Pivotal Week for Monetary Policy.
CNBC
Top Comment
Danicjade

The Fed is widely expected to cut rates this week, a move that could set the tone for other major central banks as they approach their final meetings of 2025. While the Swiss National Bank is likely to hold steady, the Bank of England remains split, with some expecting a cut and others warning that inflation is still too sticky. The ECB is also expected to stay put, while the Bank of Japan may even hike, adding potential volatility to markets. Overall, the Fed’s decision on December 10 will shape global policy shifts throughout the month.

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A yETH exploit post-mortem was published by banteg

A yETH exploit post-mortem was published by banteg
Github
Top Comment
CurveCap

Attacker fiddled with the internal contract state so that unchecked arithmetic led to the contract trying to run Newton Raphson approximation on a function that was unsolvable. The assert shown in the picture below would have prevented the attack from being possible. h/t https://x.com/BautiDeFi/status/1995514169245012395

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Analyst argues financial surveillance mirrors wiretapping without consent, costing billions while failing to curb crime. He reveals how ZK tech can restore privacy while enabling targeted, judge-backed enforcement.

Analyst argues financial surveillance mirrors wiretapping without consent, costing billions while failing to curb crime. He reveals how ZK tech can restore privacy while enabling targeted, judge-backed enforcement.
𝕏/@EliBenSasson

Mt Pelerin introduces the personal crypto IBAN - receive bank transfers from anyone, directly converted into crypto in your own wallet, and send bank transfers to anyone, using over 30 available crypto assets on 15 chains

Mtpelerin

CEXs set to crumble as analysts argue centralized exchanges will slowly lose their core profit engine as perps migrate onchain, with DEXs like Hyperliquid rapidly gaining volume, liquidity, and user trust.

CEXs set to crumble as analysts argue centralized exchanges will slowly lose their core profit engine as perps migrate onchain, with DEXs like Hyperliquid rapidly gaining volume, liquidity, and user trust.
𝕏/@Defi_Warhol

AI misinformation may have paradoxical consequences. To understand why, consider the side-blotched lizard.

AI misinformation may have paradoxical consequences. To understand why, consider the side-blotched lizard.
archive.is
Top Comment
Hades

This is more reason why we can't fully depend on AI

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Italy’s regulator has ordered all crypto providers to apply for MiCAR authorization by Dec. 30, 2025, or exit the market. VASPs that file in time may keep operating during review, but full supervision will replace simple registration.

Italy’s regulator has ordered all crypto providers to apply for MiCAR authorization by Dec. 30, 2025, or exit the market. VASPs that file in time may keep operating during review, but full supervision will replace simple registration.
Cryptonews

Inside *The Thinking Game*: A Five-Year Documentary Tracing Demis Hassabis’s Journey From Prodigy to AGI Pioneer — From AlphaGo to the Breakthroughs of AlphaFold.

Inside *The Thinking Game*: A Five-Year Documentary Tracing Demis Hassabis’s Journey From Prodigy to AGI Pioneer — From AlphaGo to the Breakthroughs of AlphaFold.
Youtube