Mezo announces the launch of mUSD, a stablecoin backed by Bitcoin, offering a fixed interest rate of 1% -5%

[Turkey's Paribu Acquires CoinMENA, Transaction Valuation Up to $240 Million] On December 5, Turkish digital asset platform Paribu announced the acquisition of CoinMENA, the largest crypto CEX in the MENA region, with a transaction valuation of up to $240 million. Through this acquisition, Paribu will expand into the MENA region, which has a high cryptocurrency adoption rate, and obtain two digital asset licenses issued by Dubai's Virtual Assets Regulatory Authority and the Central Bank of Bahrain.

[BlackRock Bitcoin ETF Experiences Over $2.7 Billion Outflow for Five Consecutive Weeks] BlackRock's iShares Bitcoin Trust (IBIT) has faced its longest single-week outflow since its launch in January 2024. Over the five weeks ending November 28, investors have withdrawn more than $2.7 billion from the ETF. As of Thursday, the ETF saw an additional $113 million in redemptions, potentially marking the sixth consecutive week of net outflows. IBIT's assets under management exceed $71 billion. Bitcoin is currently trading at approximately $92,000, down 27% from its October peak.

[U.S. Financial Industry Regulatory Authority: Decline in Cryptocurrency Investment Intentions, Increased Risk Awareness] Research by the U.S. Financial Industry Regulatory Authority (FINRA) shows that between 2021 and 2024, the proportion of investors holding cryptocurrencies remained unchanged at 27%, but those planning to increase holdings or make their first purchase dropped from 33% to 26%. The proportion of high-risk investors decreased from 12% in 2021 to 8%, with the largest decline among investors under 35, dropping from 24% to 15%. The survey revealed that 66% of respondents consider cryptocurrencies to be high-risk investments (compared to 58% in 2021), and among respondents under 35, 50% believe taking high risks is necessary to achieve financial goals. Over the past two years, new market entrants accounted for only 8%, significantly lower than 21% in 2021. FINRA believes that interest rates, inflation, and economic uncertainty have driven investors to favor safer assets, with overall investment attitudes becoming more cautious.

[Core PCE Data May Influence Federal Reserve's Monetary Policy Path] Before the release of the core inflation indicator closely watched by the Federal Reserve—the U.S. Personal Consumption Expenditures (PCE) data—the U.S. dollar exchange rate fell. Hargreaves Lansdown analyst Emma Wall stated that the core PCE data holds significant importance for the Federal Reserve's December meeting. If inflation data exceeds expectations, the Federal Reserve may keep interest rates unchanged; if the data meets or falls below expectations, it could pave the way for a rate cut.

[DeepNode completes $5 million financing, with participation from Blockchain Founders Fund and others] DeepNode has completed $5 million in financing, including a $2 million seed round at a $25 million valuation and a $3 million strategic round at a $75 million valuation. The seed round attracted community members, key network validators, and infrastructure partner Gateway.FM. The strategic round was led by Web3 and AI infrastructure investors such as Blockchain Founders Fund, Side Door Ventures, TBV, IOBC Capital, Fomo Ventures, and Nestoris.