US government transfers $103 million in encrypted assets from address

The Ethereum Layer2 network Abstract launched by the Pudgy Penguins team will gradually shut down due to stagnant growth, and the blockchain will cease operation on December 15, 2026. Users need to complete asset migration through the official migration center or native cross chain bridge before the deadline, and funds that have not been migrated will not be accessible at that time. Abstract has attracted over 400000 users and deployed over 144 applications. The official reminds users to be alert to counterfeit migration websites.

Bitwise Chief Investment Officer Matt Hogan stated in an article for The Wall Street Journal that Bitcoin's annualized volatility has dropped from 66% over the past decade to 44% in the past year, and is gradually maturing into digital gold. Matt Hogan believes that a decrease in volatility reflects an increase in participation, and points out that Bitcoin volatility is expected to fall below the level of around 20% of the Nasdaq 100 index. (Source: Crypto Briefing)

US President Trump has entrusted Treasury Secretary Besson with the responsibility of addressing high borrowing costs, inflation caused by rising oil prices, and government debt issues. A senior government official who has worked with Besson stated that the burden of the President's entire economic policy agenda lies on the shoulders of the Treasury Secretary. (Source: The Wall Street Journal)

BitMine purchased and received 12500 ETH worth $33.65 million from BitGo, and currently holds 4.9% of the total ETH supply. （Onchain Lens）

Securitize has partnered with LG CNS to provide tokenized funds, stocks, and stablecoin services to South Korean financial institutions, resulting in a nearly 8% increase in SECZ's stock price.