PeckShield: Yearn suffered total losses of approximately $9 million, with the attacker's address still holding $6 million in crypto assets. According to PeckShieldAlert's disclosure on the X platform, Yearn Finance was attacked, with hackers depleting the liquidity pool by endlessly minting yETH, causing a loss of approximately $9 million. About 1,000 ETH (approximately $3 million) were transferred to Tornado Cash, and the attacker's address still holds approximately $6 million worth of crypto assets. HashKey has passed the Hong Kong Stock Exchange's listing hearing and plans to list in Hong Kong to build a compliant digital asset ecosystem. According to Hong Kong Stock Exchange filings, HashKey Holdings Limited has successfully passed its listing hearing, with JPMorgan Chase, Guotai Haitong Securities, and Guotai Junan International acting as joint sponsors. The company plans to build a licensed digital asset ecosystem platform, encompassing three main businesses: transaction facilitation, on-chain services, and asset management. As of September 30, 2025, it will support 80 tokens, with platform assets exceeding HK$19.9 billion. Major shareholders include Lu Weiding, GDZ International, HashKey Fintech III, and Puxing Energy (00090), while institutional shareholders include Gaorong Capital, Fidelity, and Meitu. Machi's highly leveraged ETH position was partially liquidated, but she still holds 3,300 ETH. According to Onchain Lens, Machi (麻吉大哥) had some of his 25x ETH long positions liquidated during the market downturn, and has closed out some of his positions. He still holds 3,300 ETH (approximately $9.5 million), just $20 away from the next liquidation threshold; his current cumulative loss exceeds $20.89 million. According to Ai Yi (艾姨), in the past 24 hours, he has lost a total of $1.36M, with an account balance of $211K, approximately $9.368M of ETH long positions remaining, a floating loss of $473K, and a liquidation price of $2,831.58, leaving only $15.72 of downside potential. BTC fell below $87,000, down 4.86% on the day. According to OKX market data, BTC has just fallen below $87,000 and is currently trading at $86,997.00 per coin, down 4.86% on the day. ETH fell below $2,900, down 4.31% on the day. According to OKX market data, ETH has just fallen below $2,900 and is currently trading at $2,898.30 per coin, down 4.31% on the day. Justin Sun: I have retrieved my WeChat account. Justin Sun posted on the X platform that he has retrieved his WeChat account. His WeChat account was hacked last night. Telegram founder: Decentralized AI computing network Cocoon officially launched. Telegram founder Pavel Durov announced on his personal channel that Cocoon, a decentralized confidential computing network based on TON and the Telegram ecosystem, has officially launched. The first batch of AI requests from users have been processed through Cocoon, achieving 100% privacy protection. GPU providers have begun earning TON tokens through the network. Durov pointed out that Cocoon aims to solve the high costs and privacy issues posed by traditional AI computing providers such as Amazon and Microsoft. In the coming weeks, GPU supply will be expanded and more developer demand will be addressed. Spot silver broke through $57/ounce, setting a new all-time high. Spot silver broke through $57/oz for the first time in history, currently trading at $57.3/oz, up 1.34% on the day. Yearn yETH was attacked, and approximately $3 million worth of ETH flowed into Tornado Cash. According to The Block, Yearn Finance's aggregated staking token product, yETH, was attacked. The attacker exploited a vulnerability to mint virtually unlimited yETH, depleting the pool's assets in a single transaction. On-chain data shows the attacker subsequently transferred approximately 1,000 ETH (about $3 million) to the Tornado Cash mixing protocol. Multiple contracts used in the attack self-destructed after the transaction. The exact scale of the losses is currently unknown. Yearn stated it is investigating the incident and that its V2 and V3 Vaults were unaffected. Yearn also confirmed that its Katana Vaults are all V3 versions and were not affected by the yETH attack. An Ethereum OG whale deposited 5,000 ETH into Binance 6 hours ago, worth $15.05 million. According to The Data Nerd, an Ethereum OG whale deposited 5,000 ETH into Binance 6 hours ago, worth $15.05 million. In the past two weeks, the whale has sold a total of 18,403 ETH, worth $56.1 million. Five years ago, his average investment was $559, and now he has realized a profit of about $45.82 million, with a return on investment of 445%. Brother Machi's 10x leveraged long position in HYPE has exceeded 100,000 contracts, with a total position value exceeding $31 million. According to on-chain data monitoring, Huang Licheng, known as "Brother Machi," has been continuously adding to his HYPE long positions with 10x leverage in the past hour. His position holdings have exceeded 100,000 HYPE, currently reaching 105,888.88 HYPE, with a liquidation price of approximately $20.75. His total position value, including 25x leveraged Ethereum long positions and 10x leveraged ZEC long positions, has now risen to approximately $31.22 million. Hassett: I would be very happy to serve as Federal Reserve Chair if nominated by Trump. According to Jinshi News, White House National Economic Council Director Hassett said he would be "very happy to serve" if President Trump nominated him to be the Federal Reserve Chairman. An early Ethereum whale deposited 1,000 ETH, worth $3.03 million, into a centralized exchange. According to on-chain analyst Ai Yi, an early Ethereum whale deposited 1,000 ETH, worth $3.03 million, into a CEX half an hour ago. In the past month, he has sold a total of 10,500 ETH through exchanges and on-chain transactions, worth $35.39 million. He still holds 110,081 ETH, worth over $335 million. Beijing Business Today: The People's Bank of China defines stablecoins for the first time; industry analysts believe this will not affect Hong Kong's stablecoin strategy. According to the Beijing Business Today, at a recent meeting of the coordination mechanism for combating speculation in virtual currencies held by the People's Bank of China, financial regulators defined stablecoins for the first time, clarifying that stablecoins are a form of virtual currency. They stated that stablecoins currently cannot effectively meet requirements for customer identification and anti-money laundering, and pose a risk of being used for illegal activities such as money laundering, fundraising fraud, and illegal cross-border fund transfers. The meeting reiterated the need to continue cracking down on illegal financial activities related to virtual currencies. However, industry insiders believe that this meeting will not affect the development of stablecoins in Hong Kong, but speculation in stablecoins in mainland China will be severely punished. The potential for mainland entities to develop stablecoins in Hong Kong will be significantly reduced, limiting their applications to practical scenarios such as cross-border payments and supply chain finance. Michael Saylor has released another Bitcoin Tracker update; he may disclose his accumulating data next week. Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), once again posted Bitcoin Tracker information on the X platform. Based on past experience, Strategy usually discloses Bitcoin accumulation data the day after he posts Bitcoin Tracker information. Justin Sun's WeChat account has been hacked; efforts are underway to retrieve it. Justin Sun posted a message on the X platform, saying, "My WeChat account has been hacked, and I am urgently trying to retrieve it." Data: SUI, ENA, SANTOS and other tokens will see large-scale unlocking, with SUI unlocking value estimated at approximately $85 million. According to Token Unlocks data, tokens such as SUI, ENA, and SANTOS will see large-scale unlocks next week. Specifically: Sui (SUI) will unlock approximately 55.54 million tokens at 8:00 AM Beijing time on December 1st, representing 0.56% of the total supply, worth approximately $85 million; Ethena (ENA) will unlock approximately 95.31 million tokens at 8:00 AM Beijing time on December 2nd, representing 0.64% of the total supply, worth approximately $27.2 million; Santos FC Fan Token (SANTOS) will unlock approximately 5.7 million tokens at 8:00 AM Beijing time on December 1st, representing 19% of the total supply, worth approximately $12.7 million; Walrus (WAL) will unlock approximately 32.7 million tokens at 8:00 AM Beijing time on December 1st, representing 0.65% of the total supply, worth approximately $5.5 million; and Jito (JTO) will unlock approximately 11.31 million tokens at 8:00 AM Beijing time on December 7th, representing 1.13% of the total supply, worth approximately $5.4 million. Analysis: The current BTC trend is very similar to the 2022 bear market, and a rebound is possible in the first quarter of next year. According to Cointelegraph, economic analyst Timothy Peterson wrote on the X platform that the current Bitcoin price movement is remarkably similar to the 2022 bear market. Looking at daily and monthly charts, the correlation between this year's Bitcoin price and 2022 is 80% on the daily chart and a staggering 98% on the monthly chart. If history repeats itself, a true recovery in Bitcoin's price may not occur until the first quarter of next year. In the past month's decline, cryptocurrencies have been significantly more impacted than stocks, but signs of a rebound are rapidly increasing, and changes in macroeconomic sentiment could still trigger a classic "Christmas rally" for risk assets before the end of the year. Brother Machi opened a new long position in ZEC with 10x leverage, and the total position value has now exceeded $30 million. According to on-chain data monitoring, after Vitalik Buterin posted that he hoped Zcash could resist the influence of token voting power, Huang Licheng, also known as "Brother Machi," just opened a 10x leveraged long position in ZEC. As of now, he has opened a 25x leveraged long position in Ethereum (holding 9,500 ETH), a 10x leveraged long position in ZEC (holding 200 ZEC), and a long position in HYPE (holding 41,888.88 HYPE). The total position value has now reached approximately $30.09 million, with a weekly unrealized profit of approximately $758,000. PeckShield: Yearn suffered total losses of approximately $9 million, with the attacker's address still holding $6 million in crypto assets. According to PeckShieldAlert's disclosure on the X platform, Yearn Finance was attacked, with hackers depleting the liquidity pool by endlessly minting yETH, causing a loss of approximately $9 million. About 1,000 ETH (approximately $3 million) were transferred to Tornado Cash, and the attacker's address still holds approximately $6 million worth of crypto assets. HashKey has passed the Hong Kong Stock Exchange's listing hearing and plans to list in Hong Kong to build a compliant digital asset ecosystem. According to Hong Kong Stock Exchange filings, HashKey Holdings Limited has successfully passed its listing hearing, with JPMorgan Chase, Guotai Haitong Securities, and Guotai Junan International acting as joint sponsors. The company plans to build a licensed digital asset ecosystem platform, encompassing three main businesses: transaction facilitation, on-chain services, and asset management. As of September 30, 2025, it will support 80 tokens, with platform assets exceeding HK$19.9 billion. Major shareholders include Lu Weiding, GDZ International, HashKey Fintech III, and Puxing Energy (00090), while institutional shareholders include Gaorong Capital, Fidelity, and Meitu. Machi's highly leveraged ETH position was partially liquidated, but she still holds 3,300 ETH. According to Onchain Lens, Machi (麻吉大哥) had some of his 25x ETH long positions liquidated during the market downturn, and has closed out some of his positions. He still holds 3,300 ETH (approximately $9.5 million), just $20 away from the next liquidation threshold; his current cumulative loss exceeds $20.89 million. According to Ai Yi (艾姨), in the past 24 hours, he has lost a total of $1.36M, with an account balance of $211K, approximately $9.368M of ETH long positions remaining, a floating loss of $473K, and a liquidation price of $2,831.58, leaving only $15.72 of downside potential. BTC fell below $87,000, down 4.86% on the day. According to OKX market data, BTC has just fallen below $87,000 and is currently trading at $86,997.00 per coin, down 4.86% on the day. ETH fell below $2,900, down 4.31% on the day. According to OKX market data, ETH has just fallen below $2,900 and is currently trading at $2,898.30 per coin, down 4.31% on the day. Justin Sun: I have retrieved my WeChat account. Justin Sun posted on the X platform that he has retrieved his WeChat account. His WeChat account was hacked last night. Telegram founder: Decentralized AI computing network Cocoon officially launched. Telegram founder Pavel Durov announced on his personal channel that Cocoon, a decentralized confidential computing network based on TON and the Telegram ecosystem, has officially launched. The first batch of AI requests from users have been processed through Cocoon, achieving 100% privacy protection. GPU providers have begun earning TON tokens through the network. Durov pointed out that Cocoon aims to solve the high costs and privacy issues posed by traditional AI computing providers such as Amazon and Microsoft. In the coming weeks, GPU supply will be expanded and more developer demand will be addressed. Spot silver broke through $57/ounce, setting a new all-time high. Spot silver broke through $57/oz for the first time in history, currently trading at $57.3/oz, up 1.34% on the day. Yearn yETH was attacked, and approximately $3 million worth of ETH flowed into Tornado Cash. According to The Block, Yearn Finance's aggregated staking token product, yETH, was attacked. The attacker exploited a vulnerability to mint virtually unlimited yETH, depleting the pool's assets in a single transaction. On-chain data shows the attacker subsequently transferred approximately 1,000 ETH (about $3 million) to the Tornado Cash mixing protocol. Multiple contracts used in the attack self-destructed after the transaction. The exact scale of the losses is currently unknown. Yearn stated it is investigating the incident and that its V2 and V3 Vaults were unaffected. Yearn also confirmed that its Katana Vaults are all V3 versions and were not affected by the yETH attack. An Ethereum OG whale deposited 5,000 ETH into Binance 6 hours ago, worth $15.05 million. According to The Data Nerd, an Ethereum OG whale deposited 5,000 ETH into Binance 6 hours ago, worth $15.05 million. In the past two weeks, the whale has sold a total of 18,403 ETH, worth $56.1 million. Five years ago, his average investment was $559, and now he has realized a profit of about $45.82 million, with a return on investment of 445%. Brother Machi's 10x leveraged long position in HYPE has exceeded 100,000 contracts, with a total position value exceeding $31 million. According to on-chain data monitoring, Huang Licheng, known as "Brother Machi," has been continuously adding to his HYPE long positions with 10x leverage in the past hour. His position holdings have exceeded 100,000 HYPE, currently reaching 105,888.88 HYPE, with a liquidation price of approximately $20.75. His total position value, including 25x leveraged Ethereum long positions and 10x leveraged ZEC long positions, has now risen to approximately $31.22 million. Hassett: I would be very happy to serve as Federal Reserve Chair if nominated by Trump. According to Jinshi News, White House National Economic Council Director Hassett said he would be "very happy to serve" if President Trump nominated him to be the Federal Reserve Chairman. An early Ethereum whale deposited 1,000 ETH, worth $3.03 million, into a centralized exchange. According to on-chain analyst Ai Yi, an early Ethereum whale deposited 1,000 ETH, worth $3.03 million, into a CEX half an hour ago. In the past month, he has sold a total of 10,500 ETH through exchanges and on-chain transactions, worth $35.39 million. He still holds 110,081 ETH, worth over $335 million. Beijing Business Today: The People's Bank of China defines stablecoins for the first time; industry analysts believe this will not affect Hong Kong's stablecoin strategy. According to the Beijing Business Today, at a recent meeting of the coordination mechanism for combating speculation in virtual currencies held by the People's Bank of China, financial regulators defined stablecoins for the first time, clarifying that stablecoins are a form of virtual currency. They stated that stablecoins currently cannot effectively meet requirements for customer identification and anti-money laundering, and pose a risk of being used for illegal activities such as money laundering, fundraising fraud, and illegal cross-border fund transfers. The meeting reiterated the need to continue cracking down on illegal financial activities related to virtual currencies. However, industry insiders believe that this meeting will not affect the development of stablecoins in Hong Kong, but speculation in stablecoins in mainland China will be severely punished. The potential for mainland entities to develop stablecoins in Hong Kong will be significantly reduced, limiting their applications to practical scenarios such as cross-border payments and supply chain finance. Michael Saylor has released another Bitcoin Tracker update; he may disclose his accumulating data next week. Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), once again posted Bitcoin Tracker information on the X platform. Based on past experience, Strategy usually discloses Bitcoin accumulation data the day after he posts Bitcoin Tracker information. Justin Sun's WeChat account has been hacked; efforts are underway to retrieve it. Justin Sun posted a message on the X platform, saying, "My WeChat account has been hacked, and I am urgently trying to retrieve it." Data: SUI, ENA, SANTOS and other tokens will see large-scale unlocking, with SUI unlocking value estimated at approximately $85 million. According to Token Unlocks data, tokens such as SUI, ENA, and SANTOS will see large-scale unlocks next week. Specifically: Sui (SUI) will unlock approximately 55.54 million tokens at 8:00 AM Beijing time on December 1st, representing 0.56% of the total supply, worth approximately $85 million; Ethena (ENA) will unlock approximately 95.31 million tokens at 8:00 AM Beijing time on December 2nd, representing 0.64% of the total supply, worth approximately $27.2 million; Santos FC Fan Token (SANTOS) will unlock approximately 5.7 million tokens at 8:00 AM Beijing time on December 1st, representing 19% of the total supply, worth approximately $12.7 million; Walrus (WAL) will unlock approximately 32.7 million tokens at 8:00 AM Beijing time on December 1st, representing 0.65% of the total supply, worth approximately $5.5 million; and Jito (JTO) will unlock approximately 11.31 million tokens at 8:00 AM Beijing time on December 7th, representing 1.13% of the total supply, worth approximately $5.4 million. Analysis: The current BTC trend is very similar to the 2022 bear market, and a rebound is possible in the first quarter of next year. According to Cointelegraph, economic analyst Timothy Peterson wrote on the X platform that the current Bitcoin price movement is remarkably similar to the 2022 bear market. Looking at daily and monthly charts, the correlation between this year's Bitcoin price and 2022 is 80% on the daily chart and a staggering 98% on the monthly chart. If history repeats itself, a true recovery in Bitcoin's price may not occur until the first quarter of next year. In the past month's decline, cryptocurrencies have been significantly more impacted than stocks, but signs of a rebound are rapidly increasing, and changes in macroeconomic sentiment could still trigger a classic "Christmas rally" for risk assets before the end of the year. Brother Machi opened a new long position in ZEC with 10x leverage, and the total position value has now exceeded $30 million. According to on-chain data monitoring, after Vitalik Buterin posted that he hoped Zcash could resist the influence of token voting power, Huang Licheng, also known as "Brother Machi," just opened a 10x leveraged long position in ZEC. As of now, he has opened a 25x leveraged long position in Ethereum (holding 9,500 ETH), a 10x leveraged long position in ZEC (holding 200 ZEC), and a long position in HYPE (holding 41,888.88 HYPE). The total position value has now reached approximately $30.09 million, with a weekly unrealized profit of approximately $758,000.