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✦ LayerZero has announced a vote on whether to activate protocol fees, scheduled to begin on December 20 at 8:00 UTC+8 and conclude on December 27 at 8:00 UTC+8.
✦ A community cohort within the Polygon DAO is evaluating a proposal to leverage over $1 billion in idle stablecoin reserves currently held on the Polygon PoS Chain bridge.
✦ Whale Alert reported that the USDC Treasury minted 50 million USDC on the Ethereum blockchain. This transaction occurred at 15:49 UTC+8.
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✦ Australian asset management firm AMP, which oversees assets worth $56 billion, has recently made a significant investment in Bitcoin. The company has purchased Bitcoin valued at $27 million.
✦ Binance has announced its support for the upcoming aelf (ELF) network upgrade, which is scheduled to occur at block height 248,832,789, approximately on December 25, 2024, at 10:00 UTC.
✦ Meta Platforms CEO Mark Zuckerberg has made a significant donation of $1 million to former President Donald Trump's inauguration fund.
✦ In a landmark collaboration revealed at Abu Dhabi Finance Week, Circle Internet Group, the issuer of the USDC stablecoin, and Binance, announced a strategic partnership.
✦ StarkWare has announced the appointment of computer science professor Moni Naor as the Chief Researcher on its scientific committee.
✦ Romanian cryptocurrency entrepreneur Bogdan Peșchir has been implicated in an investigation concerning election fraud financing. Authorities discovered $7 million at Peșchir's residence.
✦ A wallet marked as 'Banned' by USDT executed a significant transaction on the Wintermute platform. The wallet, identified by the address 0x34bd619fc8fce1771C05221b356cABfB511E115F, utilized an intermediary wallet to purchase 1,379 ETH.
✦ A notable cryptocurrency whale has made another substantial investment in AAVE tokens. Eight hours ago, the whale borrowed 3 million USDT to acquire 11,605 AAVE tokens.
✦ Brazilian asset management firm Hashdex has announced the appointment of Mick McLaughlin, a former executive at BlackRock, as the head of U.S. distribution.
✦ South Korea’s cryptocurrency trading volume has plunged from a peak of $25 billion to $6.6 billion.
✦ Clober's liquidity vault has been targeted in a hacking incident, resulting in the loss of 133 ETH, valued at approximately $500,000.
✦ Data from Token Terminal reveals that Base has emerged as the leading Layer 2 (L2) network in terms of fee revenue over the past 90 days. Base generated a total of $19.687 million in revenue.
✦ Recent monitoring by Onchain Lens reveals that the government of Bhutan has transferred 406.074 Bitcoin to QCP Capital. This transaction is valued at approximately $40 million.
✦ Hive Digital Technologies announced that the company mined 103 bitcoins in November, increasing its HODL reserves to 2,713 BTC, marking a 67% year-over-year increase.
✦ The dYdX Foundation has announced that the community has voted to cease support for the wethDYDX smart contract (bridge) by June 2025.
✦ Mishaboar, a notable member of the Dogecoin community, has publicly urged Phantom, a well-known Solana wallet, to incorporate support for Dogecoin.
✦ Blockchain data reveals that Tether has minted a total of 20 billion USDT since November 6.
✦ A previously inactive Dogecoin wallet containing 870,019 DOGE has been reactivated after 11 years. The wallet's contents are valued at approximately $391,889.
✦ Record $432M flows into Ether ETFs amid nine-day streak of inflows.
✦ Binance launches exclusive Fluid campaign: earn up to 50% APR on USDC and a share of $200,000 airdrop rewards.
✦ Blockchain analytics platform Lookonchain has reported that Marathon Digital has purchased 1,423 Bitcoin (BTC) in the past six hours, valued at approximately $139.5 million.
✦ Russian President Vladimir Putin recently discussed the potential role of national digital currencies in the future of the country. Speaking at the 'Voice of Russia' forum organized by VTB Bank.
✦ The United States Commodity Futures Trading Commission (CFTC) reported an unprecedented $17.1 billion in monetary relief for fiscal year 2024.
✦ Arkham reported that the government of El Salvador is maintaining its strategy of purchasing one Bitcoin daily. As of now, the country has accumulated a total of 5,955 Bitcoins, which is valued at approximately $614 million.
✦ A substantial transfer of 79,993,124 USDT, equivalent to approximately 80,073,117 USD, was detected by Whale Alert. This transaction occurred around 2:00 PM UTC+8.
✦ The founder and CEO of CryptoQuant, recently shared on the X platform that the holdings of spot Bitcoin ETFs have now reached levels comparable to those held by Satoshi Nakamoto.
✦ French Senator Sylvie Vermeillet has proposed a new classification for Bitcoin and other digital assets in the 2025 budget.
✦ A prominent on-chain analyst, identified as @ai_9684xtpa, has reported that a major whale or institution has initiated a substantial short position on XRP, valued at over $844 million.
✦ Over the past 12 hours, a whale has made substantial purchases amounting to $6.68 million worth of LINK tokens.
✦ Uniswap Labs recently shared data on platform X from Dune Analytics, revealing that Arbitrum has become the first Layer 2 (L2) solution on the Uniswap protocol to surpass $20 billion in monthly trading volume.
✦ IntoTheBlock recently reported on platform X that Tether has issued over $13 billion worth of USDT since the beginning of November.
✦ Michael Saylor, co-founder of MicroStrategy, criticized Berkshire Hathaway's cash management strategy during an interview on the PBD Podcast. He argued that the company's $325 billion cash reserve is inefficient.
✦ Ripple's Chief Legal Officer, Stuart Alderoty, has expressed concerns over what he perceives as a deliberate effort by U.S. regulators to undermine the cryptocurrency industry.
✦ A significant portion of Ethereum block creation is dominated by just two companies, Beaver and Titan, which together account for over 90% of the blocks.
✦ The cryptocurrency sector experienced over 30 hacking incidents in November 2024, resulting in losses amounting to approximately $85.53 million. Of this, around $25.2 million has been successfully recovered.
✦ Whale Alert has reported that a significant transaction involving XRP tokens occurred recently. At 8:08:11 AM UTC+8, a total of 5 billion XRP tokens were unlocked from unknown wallets.
✦ Data from the Bloomberg Terminal indicates that BlackRock's ETHA experienced a substantial net inflow of $252.4 million on November 29.
✦ On November 29, spot Ether exchange-traded funds (ETFs) in the United States reached a new daily inflow record, with $332.9 million invested. This surpassed the previous peak of $295.5 million set on November 11 by $37.4 million.
✦ Data from the Starknet blockchain explorer Voyage reveals that the total amount of STRK staked has exceeded 70 million tokens, reaching 72,790,354.718 STRK.
✦ Data from Arkham reveals that approximately 18 hours ago, 21Shares (21.co) executed two transactions transferring a total of 1,364,108.613 ARB tokens to Flow Traders.
✦ The total market capitalization of stablecoins has reached a new record high of $192.7 billion.
✦ Crypto billionaire Justin Sun has canceled his plan to purchase 100,000 bananas from a Manhattan fruit vendor after logistical challenges were raised.