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Crypto Treasury Underwriter Clear Street Eyes $12B IPO Led By Goldman Sachs
Crypto Treasury Underwriter Clear Street Eyes $12B IPO Led By Goldman Sachs

Clear Street targets a $12B IPO led by Goldman Sachs as crypto-treasury underwriting demand reshapes U.S. equity and debt markets.

Coinspeaker·2025/12/05 16:00
French Bank BPCE Offers Direct Crypto Access for Millions of Clients
French Bank BPCE Offers Direct Crypto Access for Millions of Clients

France’s second-largest bank, BPCE, will begin offering direct crypto purchases next week, emphasizing a trend of improved regulatory sentiment in Europe.

Coinspeaker·2025/12/05 16:00
Strategy CEO Says No Bitcoin Sale till 2065 Despite BTC Losing $90K SupportBitcoin Price Forecast: Cup-and-Handle Intact, Can BTC Reclaim $100k to Co
Strategy CEO Says No Bitcoin Sale till 2065 Despite BTC Losing $90K SupportBitcoin Price Forecast: Cup-and-Handle Intact, Can BTC Reclaim $100k to Co

Bitcoin dipped below $90,000 after heavy liquidations. Strategy’s CEO vows not to sell.

Coinspeaker·2025/12/05 16:00
Eric Trump’s Wealth Surges With His Family-Backed Crypto Companies
Eric Trump’s Wealth Surges With His Family-Backed Crypto Companies

Eric Trump’s wealth has surged as crypto becomes the Trump family’s fastest-growing financial engine. Major stakes in American Bitcoin and World Liberty Financial have added hundreds of millions to his net worth. Eric remains committed to crypto as traditional Trump businesses expand globally.

CoinEdition·2025/12/05 16:00
Flash
16:34
Flow: A certain exchange's AML/KYC process had a flaw, and after the vulnerability was exploited, a certain account received 150 million FLOW tokens and promptly cashed out, withdrawing over $5 million.
BlockBeats News, January 1st, the Flow Foundation issued a statement regarding the coordinated efforts of exchanges after the December 27th exploit incident. Since the incident, the Flow Foundation and its forensic partners have collaborated with global exchanges to protect users and resume operations, with an exchange as partners, of which an exchange has resumed services. The Flow Foundation expressed concern over the handling of the incident by a certain exchange. Within hours of the exploit, a single account deposited 150 million FLOW tokens, approximately 10% of the total token supply, into the exchange, proceeded to convert a significant portion to BTC, and withdrew over 5 million USD in funds in the brief window before the network pause. This transaction pattern indicates a flaw in the exchange's Anti-Money Laundering/Know-Your-Customer (AML/KYC) processes, shifting financial risk onto users who unwittingly purchased the fraudulent tokens. Forensic analysts have identified significant deviations from normal market behavior in FLOW trading pairs on the exchange both before and after the network pause. Requests for explanations on these transaction patterns through official channels have gone unanswered.
16:17
Flow: $5 million withdrawn due to AML/KYC process flaws at an exchange
According to Odaily, the Flow Foundation has issued a statement regarding exchange coordination efforts following the vulnerability exploit incident on December 27. Since the incident, the Flow Foundation and its forensic partners have been working with global exchanges to protect users and restore operations. One exchange is a partner, and another exchange has resumed services. The Flow Foundation expressed concerns about how one exchange handled the incident. Within hours after the vulnerability occurred, an account deposited 150 million FLOW (approximately 10% of the total supply), converted most of the tokens to BTC, and withdrew over $5 million before the network was halted. The Flow Foundation believes this transaction pattern indicates flaws in the AML/KYC process. Legal analysts found significant transaction anomalies at the exchange both before and after the network interruption. The Flow Foundation requested clarification through operational channels but received no response, and now urgently calls for a meeting with the exchange’s top decision-makers to resolve the issue. The Flow Foundation is currently cooperating with law enforcement in the investigation.
16:09
Senator Lummis: The 2026 Responsible Financial Innovation Act allows major banks to provide digital asset custody, staking, and payment services
According to Odaily, Senator Lummis stated on the X platform that the 2026 Responsible Financial Innovation Act will allow large banks to provide digital asset custody, staking, and payment services under appropriate regulation. Senator Cynthia Lummis pointed out that digital assets are an indispensable part of the financial system, and incorporating them into the regulated banking system can unlock growth potential while protecting consumers.
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