[Jeff Huang Increases 25x ETH Long Position to $12.2 Million, Entry Price $3,190.92] 'Big Brother Machi' Jeff Huang increased his 25x Ethereum long position to $12.2 million within the past hour, with an entry price of $3,190.92, a liquidation price of $3,056.19, and an unrealized loss of $274,000.

So far this year, 14 states in the United States have purchased MSTR Strategies worth over $600 million. （The Bitcoin Historian）

[Prysm Releases Mainnet Incident Report: Resource Exhaustion Causes Validators to Lose Approximately 382 ETH] The Prysm team released a report stating that on December 4, the Ethereum mainnet Prysm nodes experienced resource exhaustion due to processing specific attestations, resulting in the loss of 248 blocks across 42 epochs, with a missing rate of approximately 18.5%. Network participation temporarily dropped to 75%, and validators lost approximately 382 ETH. The root cause was Prysm repeatedly replaying old states to verify attestations from unsynchronized nodes. The issue gradually eased after December 4 at 12:45 (UTC+8), and the fixes have been included in versions v7.0.1 and v7.1.0.

**[NYDIG: Limited Initial Returns from Stock Tokenization, Long-Term Value to Gradually Unfold]** Greg Cipolaro, NYDIG's Global Head of Research, stated that the initial tokenization of real-world assets like stocks offers limited direct returns to the crypto market and blockchain networks. Short-term benefits mainly stem from transaction fees and the network effects brought by custody services, while long-term value will be unlocked as accessibility improves. Currently, compliance structures such as KYC restrict the composability of tokenized assets, but as tokenized assets integrate into DeFi scenarios and regulatory frameworks become more open, the ability to capture on-chain value will strengthen.

[Johnny Ng: No Major Changes in the Development of Hong Kong Stablecoins, Progressing Steadily] Hong Kong Legislative Council member Johnny Ng stated in a post that the development of Hong Kong stablecoins will not see major changes and will progress steadily, starting with the local market as a trial, with the goal of expanding to the international market. Hong Kong has already promoted the regulatory sandbox to explore the compliant development of RWA and future regulatory directions. With the influx of Web3 companies into Hong Kong, the demand for developers is rapidly increasing. Johnny Ng will assist the industry in building a talent ecosystem in the future, promoting more developers and practitioners to settle in Hong Kong.