Memecoin

On Wednesday, the compromised WeChat account of Binance co-CEO Yi He was used to promote a BNB Chain memecoin called Mubarakah. The attacker allegedly created two new wallets, spent 19,479 USDT to buy 21.16 million tokens, and made roughly $55,000 in profit after an 800% price spike and subsequent sell-off, according to onchain analyst Lookonchain. Yi He later said the account had been recovered and warned users to stay alert to scam attempts.

Yi He was appointed co-CEO of Binance last week, and this week a hacker allegedly took over her WeChat account to promote the little-known memecoin Mubarakah, according to one analyst. The attacker reportedly used only a few thousand dollars to build a position in the token, helped drive its valuation close to $5 million, then exited, leaving traders with losses of about 45% from the peak. Binance founder Changpeng Zhao (CZ) later apologized and criticized Web2 social media security, while Yi He confirmed the hack and said the old phone number linked to her WeChat account could not be recovered.

In midweek trading, Solana’s recent engagement with the XRP community has raised expectations that an Axelar-powered bridge for XRP and RLUSD could soon go live on the network. Shiba Inu’s 24-hour trading volume has increased by about 33% to roughly $151.12 million alongside a 6% price gain. Meanwhile, SpaceX has moved 1,021 BTC, valued at around $94.48 million, into new wallets without any public comment from Elon Musk.

On December 10, PIPPIN, an AI agent-themed memecoin, rallied to a new high near $0.35 after rebounding from lows of $0.01 and topping its earlier $0.24 peak. Trading on Raydium and Gate, alongside $135M in futures open interest with more than 72% of positions short, has raised questions about how sustainable the move is and whether the market is being pushed around. Large holders have already booked multi-million dollar profits, while funding rates on Binance have turned negative amid rumors of a future listing and the circulation of scam airdrop links.

On 9 December, a dormant WeChat account linked to Binance co-CEO Yi He was taken over and used to promote the little-known MUBARA token on BNB Chain. The token’s price jumped from about $0.001 to $0.008, briefly valuing the project near $8 million before plunging more than 60% as two attacker wallets sold into the rally, securing an estimated $55,000 profit, according to on-chain data. The episode shows how abandoned web2 accounts can still trigger sharp moves in thinly traded micro-cap crypto markets when they are associated with high-profile industry figures.

Shiba Inu recorded its highest whale-transfer activity since June 6 as more than 1.06 trillion SHIB flowed into exchanges on December 9, according to Santiment. The spike in large-holder behavior coincided with a 6% price increase and may signal heightened volatility in the days ahead.

Binance Futures suspended a group of employees after a December 7, 2025 internal audit flagged suspected misuse of insider information linked to an official X post published less than a minute after a token launch at 05:29 UTC, according to the platform. The token, called Year of Yellow Fruit, continued to trade with decentralized liquidity and reached about a $5M market capitalization.

The Talus Network airdrop is a targeted token distribution rewarding early contributors who completed pre-registration between November 24–28, 2025, giving eligible users the ability to claim $US tokens at TGE. This guide covers what Talus Network is, who’s eligible for the Talus airdrop, how to register and claim your US tokens, and what to expect next once you receive $US.

Shiba Inu (SHIB) is showing a "Triple-Six" setup that maps a 6.66% move toward $0.00000904, anchored by support at $0.0000084–$0.00000847. Bollinger bands and an RSI in the mid-40s indicate room to probe the upper band. SHIB traded near $0.00000776 earlier this month.

Solana-based memecoin PENGU rose 8% to $0.01138 following Pudgy Penguins' partnership announcement with Care Bears. The collaboration includes a special edition physical collectible set scheduled for December 12th release. Futures net inflows increased by $1.01 million over 24 hours, while the token recovered from support at $0.009732.