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Ethereum rollup Fuel unveils native token to decentralize its chain — link | tl;dr : unfolded. DeFi
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Tether’s USD₮ recognized as Accepted Virtual Asset in Abu Dhabi Global Market (“ADGM”) — link : unfolded.
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Binance Customer Support said that the inscription market integrated into the Binance wallet has been removed. Users are currently unable to buy and sell inscription assets. In February this year, Binance launched the inscription market, supporting BRC20 and others. — link : Wu Blockchain News
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Bithumb, the second largest exchange in South Korea, announced that it will launch the Korean won trading pairs of SynFutures (F) and Magic Eden (ME). F supports the Ethereum network, ME supports the Solana network, and F is the governance token of the decentralized derivatives trading platform SynFutures. — link : Wu Blockchain News
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South Korea's largest exchange Upbit announced that it will launch Magic Eden (ME) token trading, supporting three trading pairs: KRW, BTC and USDT. ME tokens will be open for deposits and withdrawals at 23:00 local time on December 10, and only support deposits and withdrawals through the Solana network. — link : Wu Blockchain News
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Frax finance supercharges Visi¤n roadmap week (Dec 11–16), igniting unstoppable decentralized synergy, hyper-real liquidity flows, and exponential Defi growth. - 𝕏/@fraxfinance : Leviathan News
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From $3K to $73M.
Legendary PEPE trader nets a 24,656x return and cashes out millions before the dip! - 𝕏/@lookonchain : Leviathan News
South Korea's National Assembly has approved the postponement of cryptocurrency taxation until 2027.
As previously reported, South Korea plans to impose a 20% tax on cryptocurrency gains (22% as local tax), which was originally scheduled to take effect on January 1, 2022. Due to strong opposition, the plan has been postponed twice to January 1, 2025. — link : Wu Blockchain News
Binance released the 25th proof of reserves (snapshot date December 1). The user's BTC is 580,111, down 4.68% from the last time (November 1); the user's ETH is 4.945 million, up 5.24%; the user's USDT is 25.22 billion, up 20.93%. Defillama shows that Binance reserves increased by US$4.472 billion from last month. — link : Wu Blockchain News
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Binance Pool has officially launched Luckycoin (LKY) merged mining. Mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), Bellscoin (BEL) and Luckycoin (LKY). Enjoy Zero pool fees during the promotion period for Luckycoin (LKY). — link : Wu Blockchain News
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Bitcoin spot ETFs had a total net inflow of $479 million on December 9, and continued to have net inflows for 8 consecutive days. BlackRock ETF IBIT had a single-day net inflow of $394 million, and Fidelity ETF FBTC had a single-day net inflow of $175 million. — link : Wu Blockchain News
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Max Resnick, an employee of Ethereum development company Consensys, announced that he has joined Anza, a subsidiary of Solana Labs, and plans to write a spec for as much of the Solana protocol and prioritize fee markets and consensus implementations. He believes Ethereum lacks the streamlined process for rapid change, which some see as an advantage of decentralization. — link : Wu Blockchain News
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Fidelity (FBTC) Daily BTC Flows: +175m: BBG (Corrected) : Tree News
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Three years and three weeks after its peak in November 2021, DeFi TVL put in a new all-time high during the last weekend of November 2024.
This go-around, that TVL includes much more liquid staking, Bitcoin DeFi, Solana and Ethereum Layer 2s — link : unfolded. DeFi
Fidelity (FBTC) Daily BTC Flows: +295.8m: BBG : Tree News
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MARA has acquired 11,774 BTC for ~$1.1 billion at ~$96,000 per Bitcoin — link : unfolded.
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10 Sets of Data to Understand Hyperliquid
Hyperliquid has amassed $1.58 billion USDC in assets. The airdrop distributed 274 million HYPE tokens, driving the token’s market cap to $4.75 billion and its FDV to $14.2 billion. Hyperliquid's futures open interest has grown 58.5% to $3.55 billion, and its daily trading volume hit a record $9.79 billion. Its Assistance Fund, backed by USDC trading fees, has repurchased 567,083 HYPE tokens and generated $82 million in profit, while the Hyperliquid Provider Vault (HLP) has earned $45 million in PnL gains with a 34% APR. With estimated annual revenue of $94.41 million, Hyperliquid is now one of the most profitable crypto protocols. Read more — link : Wu Blockchain News
Cryptocom, a cryptocurrency exchange, announced a strategic partnership with Deutsche Bank, a global leader and Germany's largest bank. Deutsche Bank will provide corporate banking services to Cryptocom in Singapore, Australia and Hong Kong, and plans to expand support in the future. — link : Wu Blockchain News
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South Korea passed a bill to delay the taxation on cryptocurrencies until 2027 : unfolded.
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Binance will launch RAY, KOMA, VIRTUAL and SPX U perpetual contracts on December 10, 2024, with leverage up to 75x. KOMA, VIRTUAL and SPX have not yet been listed for spot trading. KOMA is a dog-themed Memecoin on BNB Chain; Virtuals Protocol is an AI Agents launch platform on the Base; SPX is a Memecoin on Ethereum. — link : Wu Blockchain News
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Binance will list Magic Eden (ME) with seed tag. Trading will be open on December 10, 2024 at 23:00 (UTC+8). Magic Eden is a multi-chain NFT marketplace. — link : Wu Blockchain News
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According to Lookonchain, one address turned $3,000 into $73 million by trading PEPE tokens, with a return on investment of 24,656x. It invested about $3,000 on April 15, 2023 to buy 4.91 trillion PEPE. It has sold 3.03 trillion PEPE and earned $27.5 million. It still holds 1.88 trillion PEPE ($45.66 million), with a total profit of $73 million. — link : Wu Blockchain News
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Cloudflare's DNS traffic data statistics for 2024, the top six financial applications: Stripe Tradingview Alipay Paypal Nubank Binance. The top eight cryptocurrency applications: Binance Coinbase OKX 2miner CMC coingecko bybit Exodus. — link : Wu Blockchain News
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According to Arkham, Milady Cult’s Meme token CULT airdropped $207 million worth of tokens to MILADY holders. The top of the airdrop list will receive $2.22 million. The airdrop recipients include Aave founder Stani (airdrop valued at $100k) and Dragonfly investor Tom Schmidt (airdrop valued at $150k). — link : Wu Blockchain News
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Ethereum spot ETF had a total net inflow of $150 million on December 9, and continued to have net inflows for 11 consecutive days. BlackRock ETF ETHA had a single-day net inflow of $155 million, and Fidelity ETF FETH had a single-day net inflow of $30.1118 million. — link : Wu Blockchain News
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Ava Labs founder Emin Gün Sirer said that Satoshi's 1 million bitcoins may have quantum threat problems. It used the very old Pay-To-Public-Key (P2PK) format, which reveals the public key and gives the attacker time to grind. As QC gets threatening, the Bitcoin community might want to look into freezing Satoshi's coins, or more generally, provide a sunset date and freeze all coins at P2PK utxos. — link : Wu Blockchain News
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Argentina’s securities regulator CNV has allowed foreign investment products related to various cryptocurrency ETFs, including Bitcoin and Ethereum, to enter the local market. Argentina’s central bank BCRA also launched its first Bitcoin mining demonstration, which was officially launched at the BCRA History Museum in Buenos Aires. — link : Wu Blockchain News
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Hester Peirce, Commissioner of the U.S. SEC, believes that the new SEC needs to do three thing: stop chokepoints; clarify what is not within the jurisdiction of the SEC and what is not securities; and work with entities involved in cryptocurrencies to try to figure out how existing rules apply and where adjustments need to be made. — link : Wu Blockchain News
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Bitmain, the world's largest Bitcoin mining company, announced the launch of a new production line in the United States, and the first batch of ANTMINER S21 Pro devices will be delivered in December this year.
Earlier, according to Blockspace's exclusive report, the U.S. Customs and Border Protection (CBP) is detaining certain imported Bitmain Antminers at U.S. ports of entry. — link : Wu Blockchain News
A wave of liquidations swept through cryptocurrency markets in the last 24 hours, affecting more than 571,700 traders and resulting in $1.72 billion worth of positions being liquidated. - Coinglass : Leviathan News
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