BBN or Babynot

Ledger Plans To Reimburse Victims After Connect Kit Exploit:  Hardware cryptocurrency wallet provider Ledger has pledged to reimburse all affected users who lost funds in the recent Ledger Connect Kit exploit.

Helium Mobile Tweaks Rewards Rules Amid Surge in Signups and Reward Farming:  Helium Mobile, a low-cost cellular network that rewards users with MOBILE tokens for sharing their location data, has modified its rules.

OKX NFT Marketplace Surges Past Blur and OpenSea With Bitcoin Ordinals Trading:   OKX's non-fungible token (NFT) platform has outperformed prominent rivals like OpenSea, Blur, and Magic Eden in terms of 24-hour trading volume.

CoinList Reaches $1.2M Settlement With OFAC Over Alleged Sanctions Violation:  CoinList, a cryptocurrency exchange based in the United States, has agreed to a settlement of $1.2 million with the Treasury's Office of Foreign Assets Control (OFAC).

Venture Capital Firm a16z Reveals U.S. Lobbying Plans: Andreessen Horowitz (a16z), a prominent venture capital firm, has unveiled a new strategy.

NFT Project Pudgy Penguins Unveils Pudgy World NFT Game:  Pudgy Penguins, the Ethereum-based NFT collection, has revealed a trailer for its upcoming 3D browser game experience, Pudgy World, during Art Basel in Miami.

VanEck Files Amendment to Spot Bitcoin ETF Application, Changing Ticker to  $HODL :  Asset manager VanEck has submitted a fifth amended application for a spot Bitcoin exchange-traded fund (ETF) on December 8.

Cross-chain Protocol LayerZero Confirms Token Airdrop in First Half of 2024:  LayerZero Labs, a blockchain infrastructure provider, has revealed its intention to launch a token in the first half of 2024, according to a post on X.

UK Financial Conduct Authority Adds Justin Sun-Backed Poloniex to Warning List:  The Financial Conduct Authority (FCA) of the United Kingdom has included cryptocurrency exchange Poloniex on its warning list of non-authorized companies.

Montenegro Plans To Extradite Do Kwon to the United States:  According to a Wall Street Journal report on December 7, Terraform Labs co-founder Do Kwon will be extradited to the United States.

Jack Dorsey’s Block Launches “Bitkey” Self Custody Bitcoin Wallet:  Financial payment processor Block, co-founded by Jack Dorsey, has unveiled its self-custody Bitcoin wallet called "Bitkey."

Robinhood Expands Crypto Trading Services to Europe, as Crypto Trading Volume Surges in US: Robinhood, the trading and brokerage firm, has announced the launch of its crypto services for eligible customers in the European Union (EU) on December 7.

US Treasury Imposes Sanctions on Crypto Mixer Sinbad for Alleged Money Laundering For North Korean Lazarus Group:  The United States Treasury Department's Office of Foreign Assets Control (OFAC) has enforced penalties on Sinbad, a cryptocurrency mixer.

Paxos Gets In-Principle Approval To Issue Stablecoins in Abu Dhabi : Paxos, a stablecoin issuer, has secured preliminary approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi to issue stablecoins and offer digital asset services

Owner of South Korean Leading Exchange Upbit Sees 81% Fall in Q3 Net Profit:   Dunamu, the parent company of Upbit, one of South Korea's prominent cryptocurrency exchanges, witnessed a substantial decrease in net profit.

Interactive Brokers Launches Crypto Trading for Retail Clients in Hong Kong With Crypto Exchange OSL:  Interactive Brokers, a prominent global brokerage firm, has launched cryptocurrency trading services for its retail clientele in Hong Kong.

Ark Invest Sells $5.2M of Coinbase Shares as COIN Hits 18-Month Highs, Increases Robinhood Holdings:  Ark Invest, led by Cathie Wood, has sold a significant number of Coinbase shares, amounting to 43,956 COIN (equivalent to $5.3 million).

Coinbase Users’ Data Might be Shared With CFTC After Coinbase Served With a Subpoena:  Coinbase, the US-based cryptocurrency exchange, has recently informed an undisclosed number of its users about a received subpoena.

Web3 Gaming Tokens Surge in Value As Sector Gains Interest, Led by Axie Infinity, ApeCoin and Illuvium:  In the past week, cryptocurrency tokens linked to web3 gaming projects have seen substantial increases in value.

Standard Chartered Will Provide e-CNY Services After Joining China’s CBDC Pilot Program:  Standard Chartered, a prominent multinational bank based in the UK, has announced its participation in trials of China's digital currency, the e-CNY.