Techub News

Written by: Xiao Za Legal Team



In the late November of 2025, a RWA project based on accounts receivable from small and medium-sized enterprises (SMEs) in the United States collapsed due to large-scale defaults of the underlying assets, causing the value of its on-chain tokens to evaporate sharply. In the past, the market regarded 'asset on-chain' as a solution to the pain points of traditional asset investment, based on the transparency and efficiency of blockchain technology, thereby enhancing credibility. However, investment risks do not disappear; essentially, it is also 'risk on-chain,' which injects credit risks that have been slowly fermenting in the off-chain world into the on-chain financial world that operates 24/7 without any attenuation, instantly.

Techub News reported by CoinDesk, Taiwan may launch its first locally issued stablecoin in the second half of 2026, although regulators have not yet decided which currency the token will be pegged to. The chairman of Taiwan's Financial Supervisory Commission, Peng Jinlong, informed lawmakers this week that the draft Virtual Asset Service Act has passed preliminary cabinet review and is expected to be approved in three readings during the next legislative session. Specific regulations for stablecoins will follow within six months, setting the earliest launch time for the end of 2026. Peng Jinlong pointed out that the legislation does not restrict issuers to being banks, although the Financial Supervisory Commission and the Central Bank of Taiwan have agreed that financial institutions will lead the issuance of stablecoins in the initial stages. It is still unclear what currency the stablecoin will be backed by. Peng Jinlong mentioned that the stablecoin could be pegged to the US dollar or the New Taiwan Dollar, depending on market demand, but no decision has been made.

Written by: White 55, Mars Finance



After experiencing two months of continuous decline and market sentiment hitting rock bottom, Bitcoin staged a dramatic comeback on December 3rd. The price rebounded strongly by 9.5% from a low of $84,000, regaining the $92,000 level, while Ethereum surged over 10% to break the $3,000 mark.





Mid-cap tokens like Solana, Cardano, SUI, and LINK have recorded double-digit gains.





This turnaround seems to have injected a shot of adrenaline into the market, with over $400 million in liquidations across the network in the past 24 hours, mainly from short positions, with 110,000 traders being forcibly liquidated. The largest single liquidation occurred on Bybit, with a BTCUSD contract worth $13 million evaporating in an instant.

Written by: Glendon, Techub News



Today, Bitcoin once again broke through the key resistance level of $93,000, reaching a high of $93,958.58. Looking back to December 1st, the entire cryptocurrency market experienced a significant decline, with Bitcoin falling below $84,000. However, in less than two days, Bitcoin rebounded strongly, with an increase approaching 12%. Meanwhile, the cryptocurrency fear and greed index has also shown a clear easing, rising to 28 today, as market sentiment shifted from 'extreme fear' back to 'fear' state. Coupled with multiple data points showing positive trends, does this mean the cryptocurrency market has successfully curbed the downward trend and completed the bottom reconstruction? What positive and negative factors still exist within the industry?

Written by: Bitrace



According to Cambodian media, Huione announced that due to recent changes in the external market environment, it has led to a concentrated run on the bank by millions of users in a short period. To ensure the safety of user funds and to ensure the smooth advancement of the subsequent payment process, a phased delay in payment arrangements will be implemented after careful evaluation and internal research.





Based on the understanding of the address of Huione Group, Bitrace attempts to audit its on-chain business address to determine whether the run on the bank is true and to disclose the data.



Huionepay has begun to scale back its business in early November



Huionepay mainly operates its stablecoin payment business on the Ethereum network and the Tron network, among which—

Written by: MarylandHODL

Translated by: Deep Tide TechFlow



Deep Tide Summary:

The rule of financialists: By controlling credit, price discovery mechanisms, and monetary transmission channels, financialists maintain a highly centralized system centered around fiat currency.

The counterattack of sovereignists: This camp consists of nations seeking monetary independence, institutions and enterprises weary of the banking system, and individuals who choose Bitcoin as a means of storing wealth. They believe that Bitcoin can break the monopoly of traditional currency.

The significance of STRC: STRC, launched by MicroStrategy, is an innovative financial tool that converts fiat currency savings into real returns backed by Bitcoin, while enhancing Bitcoin's scarcity through tightening its circulation.

In 2025, TradingBase.AI officially announced the completion of its company positioning upgrade—from a previously focused vertical platform on Web3 quantitative analysis to a comprehensive professional fintech service platform covering multiple asset classes, with core capabilities concentrated on AI quantitative models, smart investment advisory, real-time information systems, and multi-market strategy research.

This strategic adjustment marks TradingBase.AI's transition from a single scenario to a broader global financial market, providing a unified and intelligent decision support system for individual investors, professional institutions, and strategy developers.

In the past two years, the narrative of the blockchain industry has constantly rotated: from DeFi, GameFi to AI, RWA, and now the endless Layer2 and cross-chain solutions. However, no matter how the narrative switches, there is one issue that always looms over the entire Web3 world — the flow of value between chains is still not smooth enough and not real enough.

The emergence of IDN Network is precisely to break this bottleneck.



1. Cross-chain bridges are not the problem; real liquidity is the industry's pain point





Current mainstream cross-chain solutions often address the issue of 'connectivity', but in practice, we can see the following three industry dilemmas:

Source: SEC Official Website

Translation: Golden Finance



On December 2nd, local time in the United States, the Chairman of the Securities and Exchange Commission (SEC), Paul S. Atkins, rang the opening bell at the New York Stock Exchange and delivered an important speech titled 'Revitalizing the U.S. Capital Markets on the 250th Anniversary of the Founding of the Nation.' In his speech, he elaborated on the reforms of the SEC's capital market regulatory rules and the specific measures that the SEC is currently taking, outlining the overall vision for strengthening the U.S. capital markets for the next century.



Paul S. Atkins stated in his speech that one of his top priorities is to reform the SEC's disclosure rules, focusing on two main goals. First, the SEC must base its disclosure requirements on the principle of financial materiality. Second, these requirements must be aligned with the size and development stage of the company. He also noted that disclosure reform is only one of the three pillars for revitalizing the glory of IPOs. The second pillar is to depoliticize shareholder meetings, refocusing them on the voting on director elections and significant corporate matters. Additionally, the SEC must reform the legal environment for securities litigation, eliminating frivolous lawsuits while preserving avenues for shareholders to raise legitimate claims.

Written by: Sleepy.txt

 

Phnom Penh, December 1, 2025.

 

The winds along the Mekong River remain humid and hot, but for the hundreds of thousands of Chinese living there, this winter is much colder than in previous years.

 

This day is destined to be etched into the collective memory of Cambodian Chinese businesspeople.

 

Early morning on Sihanoukville Boulevard. The Huawang headquarters building, once considered a "sleepless" financial icon, suddenly lost its heartbeat overnight. The roar of armored trucks coming and going was gone, replaced by a cold "Notice of Suspension of Cash Withdrawals" pasted on the glass door, and hundreds of Asian faces stiffening with fear in front of the gate.