Ripple CEO Expresses Optimism for Resolution with SEC
According to Odaily, Ripple CEO Brad Garlinghouse has expressed a strong desire to collaborate with the new leadership of the U.S. Securities and Exchange Commission (SEC), sparking speculation about a potential dismissal or settlement of the ongoing lawsuit between Ripple and the SEC. Legal analyst Jeremy Hogan suggests that the case might be resolved by April or May, although procedural requirements could extend this timeline. Under the current administration, the SEC is expected to make a fin
Ripple CEO Highlights Supportive U.S. Congress for Cryptocurrency
According to Odaily, Ripple CEO Brad Garlinghouse expressed optimism on X about the current U.S. Congress, describing it as the most cryptocurrency-friendly in history. He noted that while the journey is just beginning, the industry is already vibrant and exciting. Garlinghouse encouraged moving forward with the work ahead.
Michael Saylor Plans To Destroy Bitcoin Keys After Death
According to Odaily, Michael Saylor has reiterated his intention to destroy the keys to his Bitcoin holdings after his death. He described this action as a proportional contribution to everyone in the world who owns Bitcoin.
South Korean Court Rejects Objection to Arrest Warrant Execution
According to PANews, on January 5, it was reported that a South Korean court has dismissed an objection filed by Yoon Suk-yeol's legal team against the execution of an arrest warrant. Yoon's attorney, Yoon Gap-geun, submitted the objection to the Seoul Western District Court on January 2, challenging the arrest and search warrants issued on December 31, 2024. The lawyer argued that the warrants violated criminal procedure law and the constitution, requesting the court to rule against their execu
Centrifuge's Official Account Compromised, Users Urged to Stay Vigilant
According to Odaily, the official X account of the RWA lending protocol Centrifuge has been compromised, leading to the dissemination of false information. Users are advised to remain cautious and be aware of potential risks.
According to BlockBeats, on January 5, the official Twitter account of the RWA lending protocol Centrifuge was hacked. The hacker has posted a fundraising address disguised as an AI project token. Currently, the fraudulent address holds a balance of 93.57 SOL. BlockBeats advises users to avoid interacting with the compromised account and to ensure the security of their assets.
Solana Surpasses Recruit And Starbucks In Global Market Cap Rankings
According to PANews, Solana (SOL) has climbed to the 181st position in global asset market capitalization rankings, surpassing both Recruit and Starbucks, as reported by Infinite Market Cap data.
South Korean President Yoon Suk-yeol to Attend Constitutional Court Debate
According to Odaily, on January 5, local time, representatives for South Korean President Yoon Suk-yeol announced that he will participate in a Constitutional Court debate and present his views at an appropriate date.
Scammers Target Legitimate Project Communities With New Tactics
According to Odaily, Scam Sniffer has detected a shift in scam tactics, moving beyond targeting cryptocurrency influencers to focusing on legitimate project communities. The scammers are using seemingly harmless invitations with phrases like "No need to sign anything or connect your wallet..." and "Join now for real-time updates..." to lure victims. Identified fake bot accounts to watch out for include OfficiaISafeguardRobot and SafeguardsAuthenticationBot. Users are advised to be cautious of su
Satoshi Nakamoto's 2009 Remark on Bitcoin Resurfaces
According to Odaily, Alex Thorn, Head of Research at Galaxy Digital, recently shared a notable quote from Bitcoin's creator, Satoshi Nakamoto, on platform X. In January 2009, Nakamoto suggested, "It might make sense just to get some in case it catches on," highlighting the potential foresight regarding Bitcoin's future popularity.
Aave Community Proposes Hardcoding USDe Price to Match USDT
According to Odaily, the Aave community has introduced a new ARFC proposal to hardcode the price of Ethena's USDe to align with USDT in Aave's pricing feed. This proposal, co-authored by Chaos Labs and LlamaRisk, was submitted on January 3, aiming to shield Aave users from secondary market volatility. Notably, LlamaRisk is a member of Ethena's risk committee.
The proposal suggests linking the value of USDe directly to USDT, ensuring seamless integration and preventing disruptions caused by temp
Total Market Cap of AI Agent Tokens Reaches $14.86 Billion, 24-Hour Trading Volume Hits $873 Million
According to a report by TechFlow citing Sentient data, the total market capitalization of AI Agent-related tokens has reached $14.86 billion, with a 24-hour trading volume of $873 million.The data shows 99 active tokens being tracked. The top three by market capitalization are:VIRTUALS: $4.33 billionai16z: $2.18 billionFARTCOIN: $1.4 billion
According to Odaily, Lin Chen, Deribit's Asia-Pacific Business Head, shared insights on X about the performance of Bitcoin spot ETFs this week. Despite a market closure on Wednesday and significant outflows on Thursday, the overall trend showed a modest net inflow. The week's total net inflow reached $255.3 million, with an increase of 2,421.94 BTC. Notably, on Thursday, BlackRock's IBIT recorded its largest single-day reduction of 3,516.57 BTC. However, market sentiment improved on Friday, resu
According to BlockBeats, data from DefiLlama indicates that the total market capitalization of stablecoins has surged past $206.8 billion, marking a new record high. Over the past week, the market cap has increased by 0.87%. Among stablecoins, USDT holds a dominant market share of 66.5%, with its market value currently reported at $137.545 billion.
Musk Faces Backlash Over Planned Algorithm Changes On X Platform
According to BlockBeats, Elon Musk is facing widespread opposition following his announcement of upcoming changes to the algorithm of the X social media platform. These changes aim to prioritize content deemed informative or educational over other types.
Musk stated that the planned modifications are intended to address the 'excessive negativity' present on the platform. He explained, 'Our goal is to maximize users' regret-free time spent on the platform. Currently, too much negative content is
Cryptocurrency Market Sees Mixed Performance With DOGE Leading Gains
According to PANews, the cryptocurrency market experienced varied movements on January 5, with several tokens showing notable gains and losses. Leading the gainers, DOGE is currently priced at $0.391, marking a 3.17% increase. INJ follows with a price of $23.419, up by 2.86%, while OM is at $3.957, rising 2.64%. AVAX is trading at $42.002, with a 2.27% increase, and FLOKI is at $0.000199, up by 2.17%. Conversely, some tokens faced declines. SAND is priced at $0.640, experiencing a 2.29% drop. ZK
Bitcoin Price Movements Could Trigger Significant Liquidations
According to BlockBeats, data from Coinglass indicates that if Bitcoin surpasses $100,000, the cumulative liquidation intensity of short positions on major centralized exchanges (CEX) will reach $845 million. Conversely, if Bitcoin falls below $96,000, the cumulative liquidation intensity of long positions on these exchanges will amount to $913 million.
BlockBeats notes that the liquidation chart does not display the exact number of contracts pending liquidation or their precise value. Instead,
Bitcoin Exchange Inflows and Miner Outflows Decline Significantly
According to PANews, recent data from CryptoQuant indicates a significant decrease in Bitcoin exchange inflows and miner outflows since November 2024, suggesting reduced selling pressure. After experiencing a peak in exchange inflow activity in November 2024, with a high of 98,748 BTC on November 25, the inflows have decreased. In December 2024, the total Bitcoin sent to exchanges ranged between 11,000 and 79,000 BTC daily. This reduction in exchange inflows coincides with a decrease in miner ou
Emergence of Onchain Builder and Streamer Prototypes Expected in 2025
According to PANews, Jesse Pollak, head of the Base Protocol, recently expressed optimism about the potential emergence of onchain builder and streamer prototypes this year. Pollak highlighted the possibility of leveraging AI and blockchain technology to rapidly create and broadcast innovative content, potentially gaining significant popularity.Pollak offered guidance for those interested in pursuing this opportunity, suggesting a commitment of at least six months. He recommended streaming five
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