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The assets, worth €183 billion and held mostly at Euroclear in Brussels, would fund Ukraine's defense and budget needs now, with repayment from future Russian reparations. De Wever demands EU-wide risk sharing and points to Belgium's ongoing aid via taxes on the assets' interest, expected to yield €1 billion next year. EU allies criticize Belgium's handling of those funds, while the standoff highlights strains in supporting Ukraine amid shifting U.S. policies. Diplomats hope for progress at December's summit.

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Belgian Prime Minister Bart De Wever wrote a firm letter this week, calling the EU's proposal to back €140 billion in loans with frozen Russian funds fundamentally wrong. He worries it breaks international law and risks Belgium's financial standing.

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Manchester United dismissed Ruben Amorim on Monday after 14 months, citing their sixth-place Premier League position following a 1-1 draw at Leeds. The Portuguese manager, who joined from Sporting CP in November 2024 and reached the Europa League final, posted a 38.1% win rate across 63 games—the worst since Sir Alex Ferguson left. Fletcher, a former midfielder with over 340 appearances, takes charge for Wednesday's match at Burnley, with fans mixing despair over the post-Fergie curse and hopes for a reset. Pundits like Gary Neville call for attacking football true to United's DNA, while Amorim's backroom staff departed Carrington laughing despite the shock.

Key Takeaway

Ruben Amorim strolled through the snow with his wife, flashing a thumbs-up to cameras just hours after his Manchester United sacking. The club turned to legend Darren Fletcher as interim boss amid a dismal run.

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Fusaka introduces PeerDAS, letting nodes sample just a fraction of transaction data instead of storing everything, which could boost capacity up to eight times and lower fees for layer-2 rollups. It also raises the block gas limit by 33% to 60 million and adds support for passkeys, so smartphones can sign transactions securely with Face ID or fingerprints—no seed phrases required. This follows May's Pectra upgrade as Ethereum's second big update this year, with validators ready and future tweaks planned to keep growth steady into 2026.

Key Takeaway

Later today at 21:49 UTC, Ethereum flips the switch on its Fusaka upgrade, making the network faster and easier to run without skimping on security.

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In a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi dated Tuesday, Democratic Senators Elizabeth Warren and Jack Reed requested an investigation by December 1 into World Liberty Financial's compliance with anti-money laundering rules, sanctions, and governance. The demand stems from a September report by Accountable.US alleging the project sold $WLFI governance tokens to wallets linked to North Korea's Lazarus Group, a Russian sanctions-evasion stablecoin, Iran's NoBitex exchange, and the sanctioned mixer Tornado Cash. DT Marks DEFI LLC, controlled by Donald Trump and his family, holds 22.5 billion tokens and receives 75% of sales revenue, while the project lists Trump family members in prominent roles; World Liberty Financial maintains it has robust compliance measures with no evidence of wrongdoing.

Key Takeaway

Senators Elizabeth Warren and Jack Reed have fired off a letter urging a federal probe into World Liberty Financial, the Trump family's crypto project, over alleged sales to North Korean hackers and sanctioned entities.

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Ohio Republican Rep. Warren Davidson introduced the Bitcoin for America Act on November 20. The bill, H.R. 6180, allows taxpayers to pay federal liabilities in bitcoin at fair market value, directing those coins to the U.S. Strategic Bitcoin Reserve established by President Trump's March executive order. Davidson highlighted bitcoin's edge over the inflation-hit dollar, with the Treasury managing the holdings long-term. While enthusiasts praise the tax break and reserve boost, critics like economist Peter Schiff warn of potential revenue shortfalls if bitcoin rises afterward.

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Imagine settling your tax bill with bitcoin, sidestepping capital gains along the way. Rep. Warren Davidson's new proposal makes that possible while feeding the nation's bitcoin stockpile.

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Activists say Taher Malekshahi was hit less than a meter away on January 8, 2026, in Qorveh amid nationwide unrest sparked by inflation, food prices, and currency collapse that began in late December 2025. The video spread via Iranian dissidents, with protests hitting over 100 cities before a total internet blackout and reports of mass arrests, hospital raids, and shootings of children and bystanders. Death tolls range from 5,000 verified by officials to over 40,000 claimed by activists, as rights groups document a militarized crackdown and state media blames foreign agents.

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A 12-year-old boy from Iran's Kurdistan province sits indoors, his face, eye, neck, and arm raw from pellet wounds after security forces allegedly shot him at close range during protests.

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