Crypto News. December 1, 2025
Yearn Finance yETH pool was exploited for ~ $9 million, with the attacker minting near-infinite yETH tokens to drain the pool in a single transaction and laundering $3 million through Tornado Cash while $6 million remains in the exploiter’s wallet.
Spot BTC ETF November outflows hit $3.5B largest outflow since February
Hong Kong’s largest regulated cryptocurrency exchange, HashKey, is set to go public in Hong Kong, size and timeline yet to be disclosed
Sony Bank plans to launch a US dollar-pegged stablecoin by fiscal 2026 for payments across its gaming and entertainment ecosystem, targeting the US market that drives over 30% of Sony’s sales.
Ethereum fusaka upgrade is set for December 3
Grayscale set to launch first ever Chainlink ETF this week, converting their LINK private trust to ETF
Vitalik advocates building directly on ETH L1 amid cheap fees
