An address associated with Bitmine acquired 41,946 ETH valued at approximately $130.78 million in a single transaction, Lookonchain data show. The purchase occurred five hours before detection on December 5. The transaction represents a continued accumulation pattern by the address.

AlphaTON Capital Corp (ATON), a TON token reserve company trading on Nasdaq, filed a $420.69 million shelf registration statement with the U.S. Securities and Exchange Commission on Thursday. The proceeds will fund expansion of artificial intelligence and high-performance computing infrastructure to provide computational power for Telegram's Cocoon AI network and support the firm's acquisition strategy targeting revenue-generating companies in the Telegram ecosystem. AlphaTON has identified multiple acquisition targets, including startups focused on payments, content distribution, and blockchain services within The Open Network ecosystem, and will use the capital to build reserves of TON tokens and related digital assets. The company has converted most balance sheet assets into Toncoin and staking positions.

Coinbase's Ethereum Layer 2 network Base introduced a cross-chain bridge connecting to Solana on Dec. 5, according to an official announcement. The infrastructure enables native use of Solana assets on Base and allows Base assets to migrate to Solana, powered by Chainlink's Cross-Chain Interoperability Protocol (CCIP) with dual validation from Coinbase and Chainlink nodes. The SOL-USDC liquidity pool on Aerodrome has gone live and trading has commenced.

Address 0xEb2...038cE withdrew 2,799 ETH worth $8.92 million from Binance at $3,187.45 per token two hours ago, on-chain analyst Ai 姨 reports. The address now holds 26,720 ETH valued at $104 million. This marks its first accumulation in one month.

A trader known as "Machi" expanded long positions in HYPE and ETH to a combined $38.98 million on Dec. 4, HyperInsight data show. The holdings include 10,263.053 ETH worth $32.43 million with 25x leverage and 190,888.88 HYPE tokens worth $6.55 million with 10x leverage.

The AZTEC token public sale has attracted over 17,566 ETH in subscriptions, with the current auction corresponding to a fully diluted valuation of $390 million, the official sale page shows. The sale runs until December 6 and employs the Continuous Clearing Auctions (CCA) mechanism jointly proposed by Uniswap and Aztec. The offering allocates 14.95% of total token supply with a floor price set at 98,493 ETH, equivalent to approximately $280 million FDV at current ETH prices.

Lido announced on Dec. 4 that a bug affecting the Prysm consensus layer client has been resolved following Ethereum's Fusaka hard fork, with no impact on stakers. The issue caused network participation problems, but Lido's decentralized validator distribution minimized exposure. Most Prysm setups operated by Lido have been restored, while some nodes temporarily switched to alternative client configurations during the fix.

Binance Wallet will distribute its Alpha token airdrop on Dec. 4 at 20:00, the company announced. Users holding at least 250 Alpha points can claim tokens on a first-come, first-served basis until the airdrop pool is exhausted or the campaign ends. Further details are expected to be released.