JUST IN: Reported by CertiK Alert, Slurpycoin on the Binance Smart Chain was hit by a flash loan attack that yielded the attacker $3,000, similar to a prior $10,000 exploit on the MRP token.
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JUST IN: BinanceUS plans to resume USD services by early 2025 while expanding its offerings, despite facing regulatory challenges from the SEC.
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RECENTLY: Nexo donated 1 BTC, worth approximately $105,000, to Brink to support Bitcoin development in celebration of HODL Day.
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STUDY: The Binance Global User Survey shows that 45% of respondents joined crypto in 2024, with memecoins leading holdings and AI tokens viewed as crucial for future market development.
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JUST IN: Michael Egorov, founder of Curve Finance, was liquidated for over $898,000 in CRV just days after a $1.2 million buyback, as the token's price continued to decline.
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ANALYSIS: Bitcoin's exchange reserves have dropped from 3 million to a record low of 2.4 million in 2024, signaling a shift towards long-term holding among institutional investors, according to analyst Kripto Baykus.
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JUST IN: Kraken's Ink blockchain has launched early on the mainnet, driven by strong community demand and developer enthusiasm.
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ANALYSIS: In November 2024, Solana DApps generated $365 million in revenue, led by the memecoin launchpad PumpDotFun, which alone earned $106 million.
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RECENTLY: Sky plans to make MKR unusable, transitioning it to a legacy wrapper while launching subDAOs, with a focus on migrating to SKY in 2025.
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RECENTLY: Charles Hoskinson has proposed moving the Cardano Foundation to Abu Dhabi or Wyoming to allow community voting for board members, addressing governance concerns under Swiss law.
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JUST IN: Sonic Labs has launched the Sonic mainnet, an EVM-compatible layer-one blockchain that allows existing FTM holders to upgrade to its new S token.
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JUST IN: Michael Saylor has expressed his willingness to advise President-elect Donald Trump on Bitcoin and cryptocurrency matters.
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JUST IN: The US Federal Reserve has reduced the federal funds rate by 25 basis points, according to reports.
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JUST IN: South Korean prosecutors are seeking a six-month prison sentence for lawmaker Kim Nam-kuk for allegedly concealing significant cryptocurrency holdings from the government, according to reports.
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JUST IN: SatLayer and Sui have partnered to enhance Bitcoin DeFi (BTCfi) by integrating Bitcoin's liquidity and security into the Sui ecosystem.
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ANALYSIS: The surge in Bitcoin prices has led to a 30% increase in mining machine costs in Shenzhen, China, with strong demand from Russian buyers attracted by low electricity prices.
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JUST IN: The Bank of Japan kept interest rates at 0.25%, prompting a drop in the yen and a shift toward Bitcoin as investors seek alternatives.
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RECENTLY: Dylan Meissner, former VP of finance at Delphi Digital, was sentenced to four years in prison for embezzling nearly $4.5 million and ordered to pay over $4.6 million in restitution.
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ANALYSIS: The OECD's report indicates that AI could transform tourism in G7 nations by improving sustainability and visitor experiences, but it also presents certain risks.
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RECENTLY: MetaMask has launched a crypto payment card in the US through a limited pilot program, allowing users to spend cryptocurrencies at physical stores and online, with plans for a broader rollout.
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JUST IN: An early Shiba Inu whale transferred 400 billion tokens to Gemini, according to SpotOnChain, coinciding with a 10% price drop in SHIB.
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RECENTLY: Arthur Hayes predicts a significant crypto market downturn around Donald Trump's inauguration, citing unrealistic investor expectations and limited policy change capacity.
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RECENTLY: Bloomberg analyst Eric Balchunas predicts Ripple's XRP ETFs may be delayed until late 2025, while Litecoin and Hedera are likely to receive approvals sooner due to their status as non-securities.
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JUST IN: Bitcoin dropped below $100K after the Fed's rate cut and Powell's hawkish 2025 inflation outlook.
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JUST IN: El Salvador has secured a $3.5 billion financing package from the IMF after agreeing to make the acceptance of Bitcoin voluntary and to dismantle its Chivo wallet.
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JUST IN: Ethena Labs has announced a partnership with World Liberty Financial, linked to President-elect Donald Trump, to integrate the yield-bearing token sUSDe into its DeFi platform.
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RECENTLY: Harvard students have proposed a Bitcoin-backed stablecoin, NBS, utilizing the BeL2 protocol to enable DeFi operations while keeping Bitcoin secure on its main chain.
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JUST IN: ASIC has sued Binance Australia for misclassifying retail clients, failing to provide necessary consumer protections, and lacking adequate compliance practices.
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JUST IN: Sophon has launched its mainnet, introducing Validium on ZKsync, with over $500 million in TVL and non-transferable SOPH tokens for node holders, with rewards starting January 1st and full trading expected in Q1 2025.
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JUST IN: ZBD, a Bitcoin Lightning payment platform, has received approval for a European Union MiCA license from the Dutch regulator, enabling it to offer crypto services starting December 30.
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