[Ethereum Fusaka Upgrade to Activate on December 4 at 05:49 (UTC+8)] On December 3, the Ethereum Fusaka upgrade is expected to activate in approximately 9 hours (December 4 at 05:49, UTC+8). This upgrade will cover both the Ethereum consensus layer and execution layer, increasing the block Gas limit to 60 million and preparing for subsequent blob parameter adjustments through BPO forks. It is expected to reduce Layer 2 fees by 40% to 60%, enhance transaction speed, and lower costs.

[Circle Native USDC and CCTP Launched on Starknet] Circle's native USDC and CCTP have been launched on Starknet, providing Starknet with cross-chain transfer infrastructure, institutional-grade settlement, and low-cost global payment capabilities.

[Crypto Industry M&A Transactions Surpass $8.6 Billion in 2025, Setting a New Record] According to PitchBook data, as of November 20, 2025, the total value of mergers and acquisitions (M&A) in the crypto industry has exceeded $8.6 billion, setting a new all-time high and surpassing the combined total of the past four years. Analysis from Architect Partners shows that this year's related transaction value has reached $12.9 billion, a significant increase from $2.8 billion in 2024. Analyst Ben Riccio pointed out that interest rate cuts, clearer regulatory policies, and the crypto bull market at the beginning of the year have driven stronger M&A activity. Major deals include Coinbase's $2.9 billion acquisition of Deribit, Kraken's $1.5 billion acquisition of NinjaTrader, and Ripple's $1.25 billion acquisition of Hidden Road. Most of these transactions occurred before the October sell-off, pushing the 2025 M&A scale far beyond the record set in 2021.

The sustained accumulation of capital by spot XRP ETFs is establishing XRP as the fastest-growing major crypto-asset vehicle.

[Suspected Mantle Core Contributor Address Transfers $4.5 Million Worth of MNT Tokens to Mirana Ventures] According to Onchain School monitoring, approximately 40 minutes ago, a suspected Mantle core contributor address transferred $4.5 million worth of MNT tokens to the Mirana Ventures wallet.