HashKey Leads Hong Kong’s Crypto Market as Losses Deepen Ahead of IPO

[Binance Futures to Delist Multiple Perpetual Contract Trading Pairs] Binance Futures announced that on December 5, 2025 (UTC+8), the following perpetual contracts will undergo automatic liquidation: At 17:00, liquidation of SXPUSDT and MILKUSDT USD-M perpetual contracts. At 17:30, liquidation of OBOLUSDT and TOKENUSDT USD-M perpetual contracts. After the liquidation is completed, these perpetual contract trading pairs will be delisted.

[50 BTC Transferred Out of Coinbase, Valued at Approximately $14.1 Million] According to Arkham data monitoring, at 16:00 (UTC+8) today, 50 BTC (valued at approximately $14.1 million) were transferred out of Coinbase, with part of the funds flowing to Bitstamp.

[Swing Trader Spent $5.37 Million to Purchase 422,000 LINK Seven Hours Ago] According to monitoring by Lookonchain, a swing trader with the address starting with 0xa96b spent 5.37 million USDT seven hours ago to purchase 422,064 LINK at a price of $12.72 per token. Since October 10, this address has completed six swing trades involving LINK, with a win rate of 67%, but is still at an overall unrealized loss of approximately $1.24 million.

[Binance users holding 242 points can claim an airdrop of 800 RLS tokens] Binance Alpha will be the first platform to launch RAYLS (RLS), with Alpha trading starting on December 1, 2025, at 19:00 (UTC+8). Users holding at least 242 Binance Alpha points can claim an airdrop of 800 RLS tokens on the Alpha event page, which will consume 15 Binance Alpha points. During the event, if it has not ended, the points threshold will automatically decrease by 5 points every five minutes.

The AhnLab report points out that North Korea's Lazarus Group has dominated the threat of encrypted attacks through spear phishing in the past 12 months, with the highest number of related mentions. It is recommended to verify the email sender, use VPN, confirm the source through alternative channels, and enable multi factor authentication to prevent targeted phishing attacks. （Cointelegraph）