Cloudflare Global outage, Tether strategic investment, KuCoin Australia, Mt. Gox, aPriori’s APR airdrop,

Cloudflare suffered a major global outage that knocked multiple crypto front-ends offline, including Coinbase, Kraken, Etherscan, Aave, and DeFiLlama, with users seeing widespread 500 errors. Cloudflare said the issue stemmed from internal network degradation and is now being fixed. The incident again exposes how heavily crypto infrastructure relies on a small set of cloud providers, prompting warnings that single-vendor resilience is no longer viable.

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KuCoin has entered Australia with a new Sydney HQ and appointed James Pinch as managing director. The exchange plans major local hiring as it works toward an Australian Financial Services License, will sponsor the Australian Crypto Convention, and continues expanding globally with new partnerships and its KuMining cloud-mining platform.

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Mt. Gox moved 10,608 BTC (~$953M) in its first major transfer in 8 months, even as its $4B creditor repayments are delayed to Oct 2026. The exchange still holds 34,689 BTC, and the move sparked worries of a potential sell-off, though the receiving wallet hasn’t sent any coins to exchanges yet, suggesting no immediate dump. Overall, the delay keeps billions in BTC off the market for another year, reducing near-term sell pressure.

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About 60% of aPriori’s APR airdrop was captured by a single entity using 14,000 linked wallets funded via Binance, according to Bubblemaps. All tokens were funneled into new wallets, and the entity is still creating more to keep claiming. aPriori has gone silent amid the allegations, drawing criticism from onchain sleuths like ZachXBT. While it looks suspicious, analysts say it could also be the work of a highly coordinated airdrop farmer rather than insiders.

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Tether has made a strategic investment in Ledn as demand for bitcoin-backed credit surges. Ledn has already originated over $1B in loans this year and crossed $100M in ARR, signaling strong market recovery after the lending failures of 2022. The platform touts fully collateralized loans, strict risk management, and regular Proof-of-Reserves, positioning it to scale as crypto-backed lending grows toward a projected $60B market by 2033.

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A new initiative, ADAPT, is set to digitize African trade using blockchain, stablecoins, and digital identities. Led by AfCFTA, Iota Foundation, the World Economic Forum, and others, it aims to cut border clearance from 14 days to under 3, lower cross-border fees to below 3%, and boost trade by $70B annually. Rollout starts in Kenya next year, with full deployment across 55 nations by 2035, addressing long-standing inefficiencies in payments and documentation.

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Singapore’s MAS and Germany’s Deutsche Bundesbank have teamed up to advance cross-border digital asset settlements, aiming to make international transactions faster, cheaper, and more interoperable. The collaboration will develop tokenized settlement solutions, promote global payment and securities standards, and build on Singapore’s Project Guardian initiative to strengthen financial connectivity and digital infrastructure between the two countries.

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Amplify ETFs has launched the XRPM ETF, a first-of-its-kind XRP-based covered-call fund targeting 3% monthly income and a 36% annual option premium. The actively managed fund generates income by selling weekly call options on 30–60% of XRP exposure while leaving 40–70% unhedged for upside, without directly investing in XRP. XRPM expands Amplify’s YieldSmart lineup, offering investors option premium income alongside potential XRP gains.

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Cboe Global Markets will launch 10-year “Continuous Futures” for Bitcoin and Ether on Dec. 15, offering perpetual-style exposure with daily cash adjustments to mimic traditional perpetual contracts. Cleared through Cboe Clear US and aligned with CFTC rules, the contracts aim to provide regulated tools for hedging, tactical trading, and short exposure without rolling positions. This marks a major step in expanding the U.S. crypto derivatives market.

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Fidelity launched its Solana ETF, the FSOL Fund, adding staking to give investors network yield while securing the blockchain. It’s the third SOL ETF after Bitwise and Grayscale, with fees waived until May 2026. The move positions Fidelity as a major player in crypto ETFs, even as BlackRock sits out.

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