Odaily Planet Daily reports that BeinCrypto recently announced its 2025 industry awards, with Bitget winning two awards: "Best Brand of the Year" and "Best Centralized Exchange." During the BeinCrypto 2025 selection process, the judging panel comprehensively evaluated global platforms based on dimensions such as technological stability, asset transparency, market depth, user experience, and industry contribution. Bitget's overall performance in these key indicators was recognized by the judging panel. These two honors reflect the industry's high affirmation of Bitget's core values in brand influence, product innovation, security standards, user experience, and market growth.

According to KBS, Binance, while receiving a request from South Korean police to freeze cryptocurrency assets affected by the Upbit hack, only partially complied with the request. On the morning of November 27th, the day of the incident, police and Upbit requested Binance to freeze approximately 470 million Korean won worth of Solana tokens that had been confirmed to have flowed into Binance. Binance, citing the need for further verification, only froze assets equivalent to 17% of the requested amount, worth approximately 80 million Korean won. Binance notified Binance of the completion of the freeze approximately 15 hours after the request was made, around midnight on November 27th. In response to KBS's questions regarding "why only partially frozen" and "why the measures were delayed," Binance stated, "In principle, we cannot provide specific details regarding ongoing investigations." However, Binance added, "We will continue to cooperate with relevant authorities and partners in accordance with appropriate procedures."

Huoxun Finance News, December 12th - According to CoinPost, the Japanese National Tax Agency announced on December 11th the results of its tax investigations for fiscal year 2024 (July 2024 to June 2025). The results showed 613 on-site investigations were conducted against individuals involved in cryptocurrency transactions, resulting in the recovery of approximately 4.6 billion yen in taxes, an increase of about 31.4% compared to the 3.5 billion yen in the previous fiscal year. The number of investigations also increased by about 14.6% year-on-year. The National Tax Agency pointed out that cryptocurrency-related cases saw significantly higher tax recoveries per transaction and higher rates of underreported income compared to the overall average for income tax on-site investigations. Current tax investigations focus on the accuracy of profit and loss calculations, the completeness of transaction records, and the handling of special transactions such as DeFi, airdrops, mining, and staking. If multiple domestic or international exchanges are involved, all profits and losses must be consolidated in the declaration; otherwise, it may be considered an omission in the declaration.

According to Matrixport's latest "Matrix on Target Weekly Report," the latest FOMC meeting results were largely in line with market expectations, but the dot plot did not provide clear guidance on the future policy path, instead increasing market uncertainty about the pace of the market. However, judging from interest rate and asset price performance, these uncertainties are still relatively limited in the current price levels. Powell's cautious remarks, coupled with early signs of a weakening labor market, indicate that the current macroeconomic environment is different from that at the beginning of the year. The report points out that against this backdrop, Bitcoin broke below a key long-term trend level for the first time in this bull market, and its price movement is similar to the market rhythm before and after midterm elections in previous years. Although discussions about "the Fed restarting balance sheet expansion" have intensified recently, overall liquidity in the crypto market remains tight, retail transaction activity has not yet rebounded significantly, and the impact of political factors on market sentiment and trading behavior may not have been fully priced in. Matrixport believes that with multiple factors intertwined, the market is transitioning from a single-trend market to a more complex structure. In this stage, the importance of position management and risk control has significantly increased. The report maintains its previous assessment that even if the current market situation is not defined as a bear market, the current consolidation phase is still highly likely to continue.

In the past hour, total liquidations across the network reached $10.20 million, with $2.56 million from long positions, with $7.64 million from short positions. BTC liquidation $1.72 million, ETH liquidation $949,730.25.