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Grayscale announced on X (formerly Twitter) that the Grayscale Sui Trust is now open to eligible accredited investors. The trust provides exposure to $SUI, a third-generation blockchain focused on addressing scalability and transaction costs.The trust utilizes the CoinDesk SUI Reference Rate to offer USD-denominated pricing based on real-time data from multiple component trading platforms, ensuring a representative spot price for $SUI. This marks another step in Grayscale’s efforts to provide institutional-grade access to emerging blockchain technologies. 

According to ShibDaily, Bloomberg ETF analyst Eric Balchunas has forecasted that Bitcoin and Ethereum exchange-traded funds (ETFs) will be the first U.S. crypto funds to launch in 2025, with additional funds to follow. On December 17, Balchunas shared an analysis from fellow ETF analyst James Seyffart, indicating a gradual introduction of cryptocurrency ETFs next year. The initial offerings are expected to be Bitcoin and Ethereum combination ETFs, followed by potential funds for Litecoin (LTC) and Hedera (HBAR).Balchunas and Seyffart suggest that Litecoin and Hedera ETFs could be approved sooner due to their favorable regulatory status. The U.S. Securities and Exchange Commission (SEC) has previously rejected several Solana ETFs, and Seyffart noted that Solana (SOL) and XRP ETFs might only be considered after the new SEC chair, appointed by President-elect Donald Trump, assumes office. The analysts believe that the SEC views LTC and HBAR more favorably, which could lead to their approval before larger market-cap assets like XRP and SOL. The SEC has classified XRP and SOL as securities, complicating the approval process for ETFs linked to these cryptocurrencies.Litecoin is seen as a strong candidate for ETF approval due to its classification as a Bitcoin fork, potentially qualifying it as a "commodity." Meanwhile, Hedera has not been categorized as a security by the SEC, possibly easing its path to ETF approval compared to other cryptocurrencies facing regulatory challenges. Despite the stronger approval prospects for LTC and HBAR, the analysts noted uncertainty regarding investor demand for these funds.Many in the crypto community are hopeful that the SEC, under the leadership of Paul Atkins, a nominee selected by President-elect Trump, may adopt a more favorable stance toward crypto assets. Trump has expressed that Atkins is a strong advocate for dynamic, innovative capital markets that meet investor needs and drive economic growth to bolster the U.S. economy. This article is intended for informational purposes only and should not be considered financial advice. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

According to Odaily, Slurpycoin on the Binance Smart Chain (BSC) recently suffered a flash loan attack. The attacker exploited the token's buyback mechanism to manipulate its price, resulting in a profit of approximately $3,000 through sandwich arbitrage.This incident is linked to a previous vulnerability that occurred on July 2, involving the MRP token, which resulted in a loss of around $10,000. The recurring nature of these attacks highlights the ongoing security challenges faced by blockchain projects, emphasizing the need for enhanced protective measures to safeguard digital assets.

According to Odaily, a significant zero-click vulnerability chain has been identified in macOS, specifically within the calendar invitation feature. This discovery was disclosed by 23pds, the Chief Information Security Officer of SlowMist, on the X platform. The vulnerability allows attackers to execute a series of actions without any interaction from the user, posing a serious security threat.SlowMist founder, Yuxian, further elaborated on the issue, highlighting the potential risks associated with this vulnerability. He noted that the attack chain could enable unauthorized access to sensitive information stored on Apple computers, such as mnemonic phrases from photo albums. The alarming aspect of this vulnerability is that the affected users only needed to glance at their calendar for the attack to be successful.

According to BlockBeats, on December 19, Curve Finance founder Michael Egorov experienced a substantial liquidation of his on-chain loan position. The liquidation involved 918,830 CRV tokens, amounting to approximately $882,000. This development highlights the financial challenges faced by Egorov in managing his cryptocurrency holdings. The liquidation event underscores the volatility and risks associated with cryptocurrency lending and borrowing, particularly in the decentralized finance (DeFi) sector. As the market continues to fluctuate, such incidents serve as a reminder of the importance of risk management strategies for investors and platform operators alike. The liquidation of Egorov's position may have broader implications for the DeFi community, as it reflects the potential vulnerabilities within the ecosystem. Stakeholders in the DeFi space are likely to monitor the situation closely, assessing its impact on market dynamics and the stability of lending protocols. This event also raises questions about the sustainability of current lending practices and the need for enhanced safeguards to protect investors from similar occurrences in the future. As the DeFi landscape evolves, market participants must remain vigilant and adapt to the changing environment to mitigate risks and ensure the long-term viability of decentralized financial systems.

Binance has announced its support for the upcoming token swap and rebranding of Mines of Dalarnia (DAR) to Dar Open Network (D), ensuring a seamless transition for its users.Key Details:Delisting of DAR Trading Pairs:All existing DAR trading pairs (DAR/USDT and DAR/TRY) will be delisted at 2025-01-06 03:00 (UTC).All pending DAR trading orders will be canceled at the same time.New Trading Pairs for D:Trading for D/USDT and D/TRY pairs will open on 2025-01-09 08:00 (UTC).Deposits and Withdrawals:Deposits and withdrawals of DAR tokens will be suspended on 2025-01-06 03:30 (UTC).Deposits for D tokens will open on 2025-01-09 07:00 (UTC).After the transition, DAR withdrawals will no longer be supported. Binance will issue a follow-up announcement to notify users once D withdrawals are enabled.What Users Need to Do:Ensure all DAR deposits are processed before 2025-01-06 03:30 (UTC).Prepare for the new D trading pairs and manage existing DAR assets accordingly.

According to PANews, Arthur Cheong, the founder of DeFiance Capital, has expressed optimism about the future of decentralized finance (DeFi), predicting that 2025 could mark a significant revival for the sector. Cheong identifies several key factors that could contribute to this resurgence.One of the primary drivers he mentions is the potential support from the United States government for cryptocurrencies. Such backing could provide a more favorable regulatory environment, encouraging innovation and adoption within the DeFi space. Additionally, Cheong highlights the anticipated growth of core DeFi primitives, which are fundamental building blocks of decentralized finance, as another crucial element in this potential revival.Furthermore, the development of chain abstraction protocols is expected to play a significant role. These protocols aim to simplify interactions across different blockchain networks, enhancing interoperability and user experience. As these factors converge, Cheong believes they could collectively foster a robust environment for DeFi's growth and evolution by 2025.

According to Odaily, a series of exploitative transactions have been detected on the Ethereum blockchain, specifically targeting the liquidity pool of the HarryPotterObamaSonic10Inu 2.0 token. CertiK Alert, a blockchain security monitoring service, identified the incidents.The attackers successfully stole 84.7 ETH, equivalent to approximately $243,000, from the liquidity pool. Following the theft, the stolen funds were transferred to Tornado Cash, a privacy-focused service obscuring cryptocurrency transactions' origin and destination. Malicious actors often use this method to launder stolen assets, making it challenging for authorities to trace the funds.The exploit highlights ongoing vulnerabilities within decentralized finance (DeFi) platforms, where liquidity pools are frequently targeted due to their substantial holdings. The incident underscores the importance of robust security measures and continuous monitoring to protect digital assets from such attacks. As the DeFi sector continues to grow, ensuring the safety and integrity of these platforms remains a critical concern for developers and users alike.

According to Odaily, Deutsche Bank AG is addressing regulatory challenges faced by financial institutions when using public blockchains, such as the risk of inadvertently transacting with criminals or sanctioned entities. In November, the bank launched a pilot project, Project Dama 2, which includes a Layer 2 platform. Boon-Hiong Chan, Deutsche Bank's Head of Industry Application Innovation for Asia-Pacific, stated in an interview that the bank's Layer 2 is integrated with Ethereum. Chan highlighted that public blockchains like Ethereum pose risks for regulated lenders, including uncertainty about who is validating transactions, whether transaction fees might be paid to sanctioned entities, and unforeseen hard fork threats. He noted that using two chains could potentially resolve many regulatory issues.Dama 2 is part of Singapore's Monetary Authority's "Project Guardian," involving 24 major financial institutions to test blockchain technology for asset tokenization. Supporters, including Deutsche Bank, view blockchain as an opportunity to address the compression of profit margins in financial services. However, there remains uncertainty about the extent to which banks should engage with the crypto ecosystem. The Dama 2 platform was developed in collaboration with cryptocurrency companies Memento Blockchain Pte. and Interop Labs, utilizing ZKsync technology. The bank aims to launch it as a minimum viable product next year, pending regulatory approval. According to Chan, its Layer 2 component allows banks to experiment with public blockchains freely, enabling them to curate a "more customized list of validators." Other benefits include potentially granting regulatory authorities—and only them—"super administrator rights," allowing them to review fund flows when necessary. Chan remarked, "You no longer rely on L1 for detailed transaction records."

According to Odaily, recent data from Tree News indicates that BlackRock's ETHA experienced a substantial net inflow of $132.3 million yesterday.

According to Odaily, Aave co-founder Stani recently shared his views on a controversial proposal by the Polygon team regarding the investment of user funds from the Polygon bridge into decentralized finance (DeFi) without adequate risk protection. The proposal, developed with the assistance of undisclosed partners, has sparked dissatisfaction among Polygon users, who are concerned about the dual use of their funds, drawing parallels to fractional banking practices.Aave service providers, including risk providers, have been made aware of the proposal's implications, especially considering that 40% of Polygon's total value locked (TVL) is deposited in Aave. Aave's primary governance functions operate on Polygon, and the existing safety module provides insurance for the market on Polygon. This proposal significantly impacts Aave's risk management strategies. In response, Aave Chan Initiative (ACI) has initiated discussions to adjust risk parameters to safeguard user funds, taking into account past incidents like the Harmony bridge hack. Notable contributors, such as Andre Cronje, have also voiced similar concerns during governance discussions.The Polygon team has since retracted their proposal, attributing its failure to Aave's leadership and making inaccurate claims about Aave's infrastructure. Aave clarified that its infrastructure supports custom markets, as demonstrated by Lido's creation of one. Aave also supports immutable governance if needed and allows governance using one's own tokens under its friendly fork policy. If Polygon seeks better control over bridge asset investment strategies, it can easily establish a tailored market with additional security assurances, which other protocols lack. Aave is a flexible lending infrastructure and capital efficiency system designed to accommodate various use cases, with V4 expected to be an even more exciting product.The primary feedback from Polygon users is their dissatisfaction with the network's unauthorized use of their funds for high-risk investments. Aave's proactive discussions and actions to protect users align with the responsibilities of a decentralized autonomous organization (DAO). Characterizing Aave DAO's proposal as anti-competitive is inaccurate and diverts attention from the real issue: user safety. Aave DAO is not interested in inheriting third-party protocol risks without DAO consent, and ACI has taken necessary steps to define the future development of the Polygon market.Previously, the Aave community received a proposal from contributor team Aave Chan, led by founder Marc Zeller, to withdraw lending services from Polygon's PoS chain. This was in response to another proposal from the Polygon community to generate returns using over $1 billion in bridged assets. Zeller's proposal aims to phase out Aave's lending protocol to protect it from potential future security risks. He suggested adjusting risk parameters on Aave protocol versions 2 and 3 on the Polygon PoS chain to mitigate threats posed by bridged stablecoins and generate returns if Polygon's proposal is approved. His proposal recommends stringent measures to counter potential risks in the Aave lending market on the Polygon PoS chain, including setting a 0% loan-to-value ratio for all assets and increasing the reserve factor to 85%, effectively preventing further deposits or users from borrowing against collateral.

According to Odaily, Santiment recently shared insights on X, highlighting a significant trend in the cryptocurrency market. Over the past eight weeks, an average of approximately $40 million in USDT has been flowing into exchanges daily from traceable wallets. This substantial inflow of stablecoins is anticipated to play a crucial role in driving the current bull market rebound and contributing to the historic surges in various cryptocurrencies.As the year 2024 progresses, the continuous influx of stablecoins is expected to persist, particularly in the final stages. This ongoing trend underscores the importance of stablecoins in the broader cryptocurrency ecosystem, as they provide liquidity and stability, facilitating trading activities and potentially influencing market dynamics. The consistent movement of USDT into exchanges suggests a sustained interest and confidence in the market, which could further bolster the bullish momentum observed in recent months.

According to Odaily, recent data from Token Terminal reveals that Tether has minted 140 million USDT on the Aptos network over the past month. This development comes as the Aptos blockchain experiences a substantial increase in usage, with on-chain activity growing nearly tenfold in 2024.

According to Odaily, a special stock sale arrangement between OpenAI and Japan's SoftBank Group will allow approximately 400 current and former OpenAI employees to cash in millions of dollars. Sources familiar with the matter revealed that this tender offer permits certain OpenAI employees and former employees to sell their shares to SoftBank at $210 per share. This transaction enables employees to monetize part of their equity, with the company's valuation having doubled over the past year to $157 billion.SoftBank plans to purchase up to $1.6 billion worth of shares from eligible shareholders, who must have received restricted stock units more than two years ago to participate. Eligible OpenAI shareholders must decide by December 24 whether to sell and how much to sell. OpenAI currently employs over 2,000 people. If the offer is oversubscribed, current OpenAI employees will be prioritized over former employees. Each eligible current employee can cash out up to $10 million. Depending on participation, former employees may not be able to sell the full $10 million in equity, but according to OpenAI's rules, they will be able to cash out at least $2 million worth of stock.Sources indicate that OpenAI has stated the total amount of stock eligible for sale is $2 billion. With SoftBank agreeing to purchase $1.6 billion, this leaves potentially $400 million worth of stock without a buyer.

According to Odaily, blockchain investigator ZachXBT has reported an increase in the total assets stolen by LastPass attackers, now amounting to $12.38 million. This sum has been taken from over 100 victim addresses. Previously, it was reported that the attackers had stolen approximately $5.36 million from more than 40 victim addresses.The stolen funds were converted into Ethereum (ETH) and subsequently transferred from the Ethereum network to the Bitcoin network through instant exchanges. 

According to BlockBeats, as of December 17, data from the DeFilama platform indicates that Ethena's Total Value Locked (TVL) has surpassed $6 billion, marking a new historical peak. This significant milestone reflects the growing interest and investment in the Ethena platform within the decentralized finance sector. The breakdown of Ethena's TVL reveals that the supply of USDe has reached 5.933 billion units, while the supply of USDtb stands at 70.42 million units. These figures highlight the substantial contributions of these assets to Ethena's overall TVL, underscoring the platform's expanding influence and adoption in the market. This achievement is indicative of the broader trends within the decentralized finance landscape, where platforms like Ethena continue to attract significant capital inflows. The increase in TVL not only demonstrates investor confidence but also suggests a robust demand for decentralized financial services and products. As Ethena continues to grow, it will be interesting to observe how it adapts to the evolving market dynamics and regulatory environment.

According to PANews, Curve founder Michael Egorov has made a significant move in the cryptocurrency market by purchasing 1.08 million CRV tokens at an average price of $1.114, totaling approximately $1.2 million. This transaction marks Egorov's first major buyback of CRV tokens since a liquidation event on June 13. The purchase comes amid a notable decline in the value of CRV, which has seen a decrease of about 7.8% over the past 24 hours. Egorov's acquisition of CRV tokens suggests a strategic move to bolster his holdings in the decentralized finance (DeFi) sector, particularly in light of the recent price drop. The transaction was monitored by Spot On Chain, highlighting the ongoing interest and activity in the CRV market.

According to Odaily, Italy has decided to maintain its capital gains tax on digital assets at 26% until 2025, rather than increasing it to 42% as previously considered. The Italian House of Representatives' Finance Committee, led by Lega party leader Giulio Centemero, announced this decision. Centemero emphasized that without parliamentary intervention, the tax rate would have surged to 42%. This decision provides a more stable starting point for the industry, with recognition and a year to work towards the 2026 target.The current tax policy also includes the removal of the 2,000-euro tax-free threshold. Starting in 2026, the capital gains tax on digital assets will increase to 33%. This adjustment reflects Italy's approach to balancing fiscal policy with the growth and regulation of the digital asset sector. The decision aims to provide clarity and predictability for investors and stakeholders in the digital asset market, allowing them to plan for the upcoming changes in the tax landscape.

According to BlockBeats, on December 16, 23pds, the Chief Information Security Officer of SlowMist, issued a warning regarding the recent open-sourcing of the notorious MacOS Stealer malware. This development has raised significant concerns within the cybersecurity community, as the malware, previously sold for 1 BTC, is now freely accessible to a broader range of malicious actors.The open-sourcing of MacOS Stealer means that more attackers can easily obtain and utilize this tool, potentially leading to a proliferation of attacks. This accessibility not only allows for widespread use but also opens the door for the creation of more sophisticated and stealthy attack methods. The implications for cryptocurrency asset security are profound, as the increased availability of such tools poses a heightened risk to digital assets.

According to Odaily, recent data from IntoTheBlock reveals a significant increase in lending activity on Aave, a decentralized finance protocol on the Ethereum blockchain. Over the past week, the net flow of funds on Aave has surged to $500 million. This uptick in activity has led to several of Aave's metrics reaching new highs. Notably, the total supply of stablecoins on the platform has also seen a marked increase compared to 2021 levels. Further insights from DeFiLlama indicate that Aave's Total Value Locked (TVL) has surpassed the levels seen during the previous bull market in October 2021, setting a new record at $38.6 billion. This milestone underscores the growing adoption and utilization of Aave's services within the decentralized finance ecosystem. The protocol's projected annual revenue stands at approximately $117 million, reflecting its robust performance and the increasing demand for its lending services.