PANews reported on December 14 that according to Whale Alert monitoring, USDC Treasury minted 50,000,000 USDC on the Ethereum blockchain at 3:52 Beijing time.

PANews, December 14 news. According to the OKX market, the top performing tokens for the day are: LINK is currently priced at $29.756, with a daily increase of 7.77%; AAVE is currently priced at $388.48, with a daily increase of 7.40%; MINA is currently priced at $0.835, with a daily increase of 7.23%; BLUR is currently priced at $0.402, with a daily increase of 6.96%; RPL is currently priced at $16.41, with a daily increase of 6.84%. In addition, the top performing tokens for daily declines are: RAY is currently priced at $5.377, with a daily decrease of 2.31%; ENS is currently priced at $43.198, with a daily decrease of 0.22%; XLM is currently priced at $0.433, with a daily decrease of 0.11%.

PANews reported on December 14, according to News.bitcoin, that Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor shared a chart showing the performance of Microstrategy stock relative to other major investments.

Since adopting the Bitcoin strategy on August 10, 2020, the company has achieved an annualized return of 124%, outperforming all major asset classes. Factset data from December 11 shows that Bitcoin achieved a strong annualized return of 64% over the same time period. In contrast, the returns for Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla were 31%, the S&P 500 index was 15%, real estate was 10%, and gold returned 7%. Bonds performed poorly, with a return of negative 5%.

PANews December 14 news, according to Glassnode data, the group holding SOL tokens for 6-12 months currently holds 27% of the supply, indicating the confidence of rebound buyers in 2024.

PANews, December 14: Azuki founder Zagabond stated that his X account was blocked by superstar Taylor Swift. Yesterday, Zagabond created a beta AI tool called chill guy agent, which can send cryptocurrency to any Twitter user, even if they have never used cryptocurrency before. Zagabond transferred 0.0013 ETH to Taylor Swift using this tool.

PANews Editor's Note: PANews has selected a week's worth of high-quality content to help you fill in the gaps during the weekend. Just click on the title to read.

Macro perspective

Amazon has been proposed to establish a Bitcoin treasury, and Microsoft is about to vote on the decision. Will large companies favor using Bitcoin to hedge against inflation?

More and more large technology companies are beginning to pay attention to how to protect assets through Bitcoin investment financial strategies. Recently, the Washington think tank "National Center for Public Policy Research" proposed a shareholder proposal to Amazon, suggesting that it include Bitcoin in the company's financial reserves to cope with inflation risks.

PANews December 14 news, according to official Movement news, on December 13, Up Network received support from the Movement Foundation and will distribute 11 million $MOVE airdrop rewards, exclusively for the first 11,000 users of Up Mobile: Mover Edition. It is reported that each eligible user will receive 1,000 $MOVE and additional rewards, with no lock-up period for all rewards, which can be claimed after the Movement mainnet goes live in Q1 2025. At the same time, Up Network's next phase of sales and incentive programs will also be launched.

This airdrop plan is an important milestone in the development of the Up Network ecosystem and will accelerate the advancement of the 'First Mover' program. As the Movement mainnet gradually goes live, users in its DePIN and AI ecosystems are also expected to receive more innovative incentives.

PANews December 14 news, according to Reuters, generative AI startup Liquid AI announced that it has completed an early financing round of $250 million led by chip manufacturer Advanced Micro Devices (AMD). Liquid AI has developed the Liquid Foundation Model (LFM), which is claimed to be smaller and more efficient compared to traditional cloud-based products offered by OpenAI, AWS, and Google Cloud, making it suitable for enterprise use. This funding will help Liquid AI scale its infrastructure and develop customized LFM for industries such as consumer electronics, biotechnology, telecommunications, financial services, and e-commerce.

PANews December 14 news, according to DB reports, MicroStrategy has been included in the NASDAQ 100 Index.

PANews, December 14th news, Azuki researcher wale.moca tweeted that the NFT market Opensea has registered a foundation in the Cayman Islands.

PANews reported on December 14 that MegaETH developer MegaLabs has completed $10 million in financing through the Echo platform, according to The Block. Shuyao Kong, co-founder of MegaLabs, stated that the structure of this financing round is a combination of equity and token warrants, similar to MegaLabs' $20 million seed round financing in June, with both rounds having a valuation in the 'nine figures.' Kong mentioned that although the over-the-counter (OTC) market has a 'significantly higher' valuation for MegaLabs, the valuation for the Echo round financing remains unchanged, prioritizing decentralization and community participation.

PANews reported on December 14 that according to Theblock, BiT Global, a company related to Justin Sun, sued Coinbase, claiming that Coinbase's delisting of wBTC and launching of competing products was anti-competitive and violated "numerous state and federal laws" and that the delisting would also "harm" BiT Global.

On November 19, Coinbase announced that it would delist WBTC from December 19, 2024, citing the need to regularly review its “listing standards.” A few months ago, BitGo, which has served as the main custodian of wBTC since its launch in January 2019, disclosed that it would distribute custody control of the project to three entities, including BiT Global, a Hong Kong trust company with ties to Justin Sun.

PANews reported on December 14 that the BIO Protocol has initiated a proposal to acquire BIO liquidity, aimed at allowing new participants to join the BIO economy; secondly, deploying liquidity on Ethereum will enhance the accessibility and long-term growth of BIO, while also enabling the token to expand to other chains in the future. The proposal is as follows:

Lift the transfer restrictions on the BIO token contract and make it transferable

Allocate 6% of the BIO supply to provide liquidity for decentralized and centralized markets. Grant the BIO Association the authority to actively manage liquidity according to market demand.

Provide initial liquidity on the Ethereum mainnet through the ETH/BIO liquidity pool

Author: Teng Yan & ChappieOnChain

Compiled by: TechFlow

Hello everyone! This week, we bring you an in-depth analysis of AI agents written by our core contributors ChappieOnChain and Teng Yan. We hope you enjoy it!

Brief Overview:

ELIZA is an open-source, modular framework designed to create AI agents that can interact seamlessly with users and blockchain systems.

It embodies the bazaar philosophy, where open source development thrives in an ecosystem driven by collaboration and creativity.

ELIZA has powerful autonomous trading capabilities and ensures safe and responsible operations through its trust engine and trust market.

PANews reported on December 14 that asset management giant VanEck released its top 10 cryptocurrency predictions for 2025:

1. The crypto bull market will reach a mid-term peak in the first quarter and set new highs in the fourth quarter. Bitcoin is expected to be valued at around $180,000, Ethereum will trade over $6,000, Solana will exceed $500, and Sui will surpass $10.

2. The United States will embrace Bitcoin through strategic reserves and increased cryptocurrency adoption. Under new SEC leadership, several new spot cryptocurrency ETPs will be approved. Ethereum ETPs will include staking, and both Ethereum and Bitcoin ETPs will allow for physical trades and redemptions.

PANews, December 14 - According to Theblock, Sheila Warren, the CEO of the Crypto Council for Innovation (CCI), an organization aimed at creating a better environment for the development of the cryptocurrency industry through lobbying, will resign in January. Sheila Warren has led CCI for the past three years, navigating the collapse of the cryptocurrency industry, scrutiny and examination by SEC Chairman Gary Gensler, new legislation, and Bitcoin reaching an all-time high. CCI's members include Circle, Coinbase, and OpenSea. The CCI board has appointed Group Chief Legal and Policy Officer Ji Hun Kim as the interim CEO.

PANews December 14 news, according to Cryptonews, Japanese legislator Satoshi Hamada proposed that the government establish a national Bitcoin reserve and mentioned that the United States and Brazil are taking similar actions. He suggested that the Japanese government 'consider converting part of its foreign exchange reserves into virtual currencies like Bitcoin.' In his proposal, Hamada also pointed out that Bitcoin is 'less affected by specific countries or institutions.' The 'neutrality and decentralization characteristics' of Bitcoin can support economic activities 'without relying on any specific currency.' The government is expected to respond to Hamada's inquiries in writing in the coming weeks and may publish it on its official website.

Author: KarenZ, Foresight News

In L1 and L2 systems, despite the growing computational power of validators, the limitations of bandwidth and the instability of communication delays between validation nodes remain shackles restricting further leaps in performance.

The DoubleZero protocol is designed to break this predicament by optimizing data flow, increasing bandwidth, and reducing latency, creating a high-performance, permissionless decentralized network framework to pave the way for the future development of distributed systems.

What is DoubleZero?

According to official descriptions, DoubleZero is not L1 or L2, but is defined as N1 (Network 1), a decentralized framework for creating and managing high-performance permissionless networks. DoubleZero's goal is to provide an infrastructure layer that accelerates communication in high-performance distributed systems, increasing bandwidth and reducing latency.

PANews December 14 news, Galaxy Digital announced that Tony Paquette will serve as the company's Chief Financial Officer (CFO) starting January 1, 2025, succeeding Alex Ioffe, who will transition to a senior advisory role.

Paquette has over 25 years of experience in financial services and fintech, previously serving as the CFO of the hedge fund Point72, founded by Steve Cohen, where he was responsible for global finance, capital management, broker relations, and operations management. He also served as a business unit head at SoFi and held managing director positions at JPMorgan Chase and Bank of America.

PANews reported on December 14 that the Q3 Bitcoin mining report released by CoinShares showed that the weighted average cash cost of listed miners to produce 1 Bitcoin increased to about $55,950, an increase of 13% from Q2, and the total cost after including non-cash costs was about $106,000. Although mining remains profitable at the current Bitcoin price of $100,000, the rapid growth of network computing power and the investment of funds by some miners in AI infrastructure or hoarding coins (HODL) strategies have weakened computing power growth and increased costs. High electricity costs in Texas in the summer have further pushed up the production costs of some miners. Terawulf has become the miner with the lowest cash cost by reducing debt costs, Marathon has increased Bitcoin production and obtained tax benefits, and Riot has fallen in the cost ranking due to electricity costs despite improved operating efficiency. The report predicts that the rise in Bitcoin prices in Q4 may temporarily ease the pressure of low hash prices, but equipment prices, electricity competition and capital costs may cause production costs to continue to rise, and some miners such as Argo are at risk of bankruptcy.