In the coming week from December 1 to December 7, 2025, there are also these blockchain news worth your attention.

Bitcoin is not the first generation of blockchain technology, but rather a protocol layer, becoming the global settlement layer. As a native financial protocol, it has the ability to capture value, becoming the mother currency of the crypto world. The AI era will provide Bitcoin with application scenarios far beyond the internet; the algorithm economy requires algorithmic currency.

The ICO is making a strong comeback in 2025, replacing airdrops as the mainstream financing method for cryptocurrencies. Retail investors are eager for fair entry opportunities, and ICOs provide a more transparent incentive structure, promoting the long-term alignment of user and project interests, reshaping the market ecosystem.

Analyze the changes brought by the Fusaka upgrade, its positioning in the Surge, Verge, and Purge roadmaps, and the potential impact it may have on users, Rollups, and the entire Ethereum ecosystem in the coming years.

You don't need to become an extreme privacy advocate who "wears a tin foil hat"; just develop some basic habits.

This statement will not directly affect the Hong Kong stablecoin market, but it will have an indirect impact, as mainland institutions will enter the Hong Kong stablecoin market more cautiously and discreetly.

Crypto Twitter doesn't want to hear the "get rich in ten years" story. But this might be the only truly viable method.

Perpetual contracts are the future, TradFi must accept high leverage and socialized losses.

"Our core demand is very clear - to return what belongs to the original owner, which means to return it to the Chinese victims."

Author: Liu Honglin This is a meeting on the 28th, the importance of which far exceeds the news headline itself. The entire "national regulatory team," including the Ministry of Public Security, the Cyberspace Administration, the Central Financial Office, the two high courts, the State Administration of Foreign Exchange, the China Securities Regulatory Commission, and the Financial Regulatory Bureau, has all been assembled, which itself indicates that the regulatory authorities believe the issue of virtual currencies has reached a stage where a unified stance and action are necessary. However, what is truly worth discussing is a key statement that appeared in the meeting — "Stablecoins are a form of virtual currency." This is the first time that the Chinese government has clearly defined stablecoins in an official document, and furthermore,

ICOs will make a strong comeback in 2025, regaining favor in a more transparent and "interest-bound" manner, but are more likely to give rise to a hybrid model rather than completely replacing airdrops.

Dragonfly partner Haseeb Qureshi pointed out that the current crypto community is permeated with "financial cynicism," opposing the mechanical valuation of public chains using price-to-earnings ratios. He emphasized that cryptocurrencies will experience exponential growth, just as e-commerce disrupted traditional retail, ultimately "devouring" the entire financial system, and called for maintaining long-term faith.

The decentralized AI laboratory can provide infrastructure for enterprise-level specific domain AI through small models and reinforcement learning.