Today's news highlights:
A trader has made nearly $6 million in profits through ai16z, ZEREBRO, DegenAI, and ALCH.
Binance Alpha's AI agent projects saw widespread increases, with COOKIE, AVA, ZEREBRO, and others rising more than 30%.
Lightspeed predicts that the Solana native token will be launched on the X platform in 2025.
Binance will add monitoring tags for STMX and TROY while removing monitoring tags for CVX and SUN.
The profile picture and nickname of Elon Musk's X account have been changed back to their original appearance, causing related conceptual coins to plummet.
Lumoz announced its roadmap for 2025 to 2026: Q1 2025 will support the application of SVM and TVM on the RaaS platform, among other things.
Bithumb will list PEAQ and VANA on the Korean won market.
Dennis Porter: A certain state in the U.S. will begin purchasing Bitcoin in four months.
Regulatory/Macro
The cryptocurrency custody platform Garanti BBVA Kripto will provide cryptocurrency trading services to the public.
According to CoinDesk, Garanti BBVA's cryptocurrency custody platform, Garanti BBVA Kripto, will provide cryptocurrency trading services to the public. This service is executed by the Spanish cryptocurrency exchange Bit2Me and marks an important step for European banks to accelerate their entry into the crypto field. The Spanish banking group BBVA holds 86% of Garanti BBVA's shares. BBVA previously piloted this service in Turkey, taking advantage of the relatively loose regulatory environment to gain an edge. The European (MiCA) regulation for the crypto asset market will come into full effect on December 30, 2024, providing a clear regulatory framework for financial institutions such as banks. According to Abel Peña, sales director of Bit2Me, more European banks are expected to launch cryptocurrency spot trading services in the first quarter of 2025.
Dennis Porter: A certain state in the U.S. will begin purchasing Bitcoin in four months.
Dennis Porter, co-founder and CEO of Satoshi Action Fund (SAF), stated on the X platform that a certain state in the U.S. is almost 100% certain to start purchasing Bitcoin within the next four months. He also mentioned that his team is actively promoting the passage of related legislation, and this is not just a prediction but a reality in progress.
In 2024, the combined net worth of the world's top 500 billionaires surpassed $10 trillion, with CZ's wealth increasing by 60% to $55 billion.
According to Bloomberg, the combined wealth of the world's 500 richest people has surpassed $10 trillion, with the wealth of tech billionaires growing the most significantly. Tech leaders like Elon Musk, Mark Zuckerberg, and Jensen Huang lead the list, collectively gaining $903 billion. The article notes that Trump's election victory triggered a historic surge in digital assets, with Bitcoin first breaking the $100,000 mark. This wave of growth significantly increased the wealth of billionaires in the cryptocurrency space: Binance founder CZ saw his wealth grow by 60% to $55 billion; Coinbase co-founder Brian Armstrong saw his wealth increase by over 50% to $11.1 billion.
Coinbase's Vice President of Legal: The amount of unpaid fines by the SEC has reached $10 billion, and it is more important to focus on the amount returned to affected investors.
Coinbase's Vice President of Legal, Ryan VanGrack, pointed out that more than 50% of the record fines imposed by the U.S. Securities and Exchange Commission (SEC) this year come from a single case (the Terraform case, amounting to $4.4 billion), but this fine is unlikely to be recovered. He further criticized that focusing on enforcement statistics may lead to misincentives and misguidance. In contrast, more attention should be paid to the amount returned to affected investors, with the historical record in this area set in 2019 ($1.2 billion). Recently, the Wall Street Journal reported that the SEC is facing significant challenges regarding unpaid fines, which have now reached $10 billion. The report noted that although the SEC has raised fine amounts due to political pressure, the actual funds recovered are far lower than the amounts indicated by cases. One typical case is that of former corporate raider Paul Bilzerian, who was ordered to pay $62 million for securities fraud, but has never been successfully recovered by the SEC in 31 years. During this time, Bilzerian filed for bankruptcy twice and moved to St. Kitts and Nevis to evade payment. This fine, along with interest, has now grown to $180 million. The article also mentioned that this issue of unpaid fines highlights the SEC's limitations in enforcement and fund recovery, raising questions about its enforcement effectiveness.
Project Updates
Binance will add monitoring tags for STMX and TROY while removing monitoring tags for CVX and SUN.
Binance announced adjustments to monitoring tags and seed tags for certain tokens on January 2, 2025. Details are as follows: New monitoring tags: StormX (STMX), TROY (TROY); Removed monitoring tags: Convex Finance (CVX), Sun (SUN); Removed seed tags: Arkham (ARKM), Blur (BLUR), Jito (JTO), Celestia (TIA).
Nimble Network announced its Q1 plan: it will complete the token listing and launch Agent Launchpad.
The composable AI protocol Nimble Network announced its roadmap for the first quarter of 2025, which mainly includes the launch of Agent Launchpad, the focus on developing Agents, and the completion of token listings. Previously, Binance Labs announced the list of 13 selected teams for the 7th season of the MVB accelerator program, which includes the composable AI protocol Nimble.
The profile picture and nickname of Elon Musk's X account have been changed back to their original appearance, causing related conceptual coins to plummet.
Early this morning, the frog profile picture and nickname 'Kekius Maximus' of Elon Musk's X account were changed back to his original appearance, causing related conceptual coins to plummet. Coingecko data shows that KM (Kekius Maximus) on the Solana chain dropped about 85% in the past 24 hours, while KEKIUS (Kekius Maximus) on Ethereum dropped about 48% in the past 24 hours.
Lumoz announced its roadmap for 2025 to 2026: Q1 2025 will support the application of SVM and TVM on the RaaS platform, among other things.
The decentralized ZK-RaaS network Lumoz released a review of Q4 2024 and its development roadmap for 2025 to 2026. It conducted its TGE in Q4 2024, launched the zkVerifier node network, and initiated community airdrops and staking systems. In the first half of 2025, it will support the application of SVM (Solana Virtual Machine) and TVM (Ton Virtual Machine) on the RaaS platform, while launching more quality L1/L2 chains, including UXLINK, CARV, DuckChain, Matr1x, and Ultiverse. Additionally, Lumoz will launch the Lumoz chain, zkProver network, and ZK-POW mining pool. In the second half of 2025, Lumoz will establish a modular computing network to provide computing power support for AI agents and ZK-ML model training, and expand support for the MOVE stack chain, fully supporting Op Stack and ZK Fraud Proof applications on RaaS, while integrating more data availability (DA) layers and execution layers. By 2026 and beyond, Lumoz plans to achieve seamless integration between zkProver and zkVerifier layers for ZK & AI applications, supporting more Rollup solutions based on Lumoz RaaS. Furthermore, a one-click deployment visual platform for ZK & AI RaaS will be launched. Previously, Lumoz announced the economics of the MOZ token, with 66% allocated to the community, ecosystem, nodes, and miners.
Bithumb will list PEAQ and VANA on the Korean won market.
According to Bithumb's announcement, PEAQ and VANA will be listed on the Korean won market today. PEAQ trading information: supports the PEAQ network, benchmark price 853 Korean won, trading will start at 4 PM on January 2, 2025 (Korean time); VANA trading information: supports the VANA network, benchmark price 23,730 Korean won, trading will start at 4 PM on January 2, 2025 (Korean time). The deposit function will be available within 3 hours after the announcement, and investors are advised to confirm the network information before proceeding.
Sonic Labs: The $S token will launch on more than 12 centralized exchanges in January.
According to Sonic Labs' official announcement, the $S token will be launched on more than 12 centralized exchanges (CEX) in January 2025 as a substitute for the FTM token. The list includes well-known exchanges such as Binance and Bybit, supporting automatic token upgrades and Sonic network integration. More launch date information will be announced soon.
Opinions
Lightspeed predicts that the Solana native token will be launched on the X platform in 2025.
According to Lightspeed's prediction, the five major development trends for Solana in 2025 are as follows: 1. Elon Musk's X platform will launch a Solana native token: It is expected that Musk will introduce Solana tokens alongside the X Premium subscription service and utilize Solana's high throughput and low fees to implement e-commerce features within the platform. 2. The market value of stablecoins will grow fourfold: The market value of stablecoins on the Solana chain is expected to increase from the current $5 billion to $20 billion, mainly driven by startups like Perena and Lulo, as well as the entry of stablecoin issuers like PayPal and Sky. 3. Solana ETF will be approved but will underperform compared to ETH: Although the Solana ETF may be approved under the new SEC leadership, market demand may not match that of BTC and ETH. The main users of ETFs still tend to prefer direct investments in SOL through other channels. 4. Pump.fun may lose its leading position: Despite generating $330 million in revenue in 2024, it is predicted that it may be replaced by newer, more innovative applications (such as AI-related platforms) in 2025. 5. There will be no major network outages in 2025: With the launch of the Firedancer client and the continuous optimization by the development team, Solana's frequency of outages has significantly decreased over the past two years, and it is expected to maintain stable operation in 2025.
Dragonfly partner: Existing AI agents are just chatbots with memes, while software engineering agents will bring prosperity.
According to Haseeb, managing partner at Dragonfly Capital, the trend of AI agents will continue into 2025 but will eventually fade away. He noted that current AI agents are merely chatbots with memecoins, possessing little genuine intelligence beyond posting content on social media. As these tools become ubiquitous, people may grow weary of them. He believes that it will be software engineering agents that truly transform the industry. With AI cloud computing, entrepreneurs can launch applications with $10,000, significantly reducing software development costs and driving explosive growth in on-chain applications, making self-funded projects like Hyperliquid and Jupiter the norm. Additionally, AI-powered security analysis and monitoring tools will become mainstream, making it easier for everyone to enhance blockchain security. Haseeb also mentioned that the combination of AI and crypto will have profound impacts on payments, decentralized model training, and user experience, especially in the field of post-AI wallets, which will greatly simplify cross-chain operations and optimize user experience.
Important Data
A trader has made nearly $6 million in profits through ai16z, ZEREBRO, DegenAI, and ALCH.
According to Lookonchain data, a trader recently made nearly $6 million in profits across multiple projects, showcasing exceptional performance. The specific trading and profit situation is as follows: ai16z: spent $707,000 to purchase 2.07 million ai16z, sold 700,000 for a profit of $1.66 million, currently holding 1.37 million ai16z worth $3.27 million, total profit $4.23 million (+598%); ZEREBRO: spent 4,425 SOL ($936,000) to buy 2.58 million ZEREBRO, sold all for a profit of 9,284 SOL ($1.9 million), profit $969,000 (+103%); DegenAI: spent 340 SOL ($84,000) to buy 7.03 million DegenAI, sold all for a profit of 3,023 SOL ($598,000), profit $514,000 (+611%); ALCH: spent 1,629 SOL ($353,000) to purchase 3.88 million ALCH, sold all for a profit of 2,696 SOL ($511,000), profit $158,000 (+45%).
Binance Alpha's AI agent projects saw widespread increases, with COOKIE, AVA, ZEREBRO, and others rising more than 30%.
According to the latest data from Coingecko, AI agent projects in the Binance Alpha Spotlight section have seen a widespread rise, with some projects rising over 30% in 24 hours. The top ten projects by growth are Cookie DAO (COOKIE) up 138.1% in 24 hours, now at $0.6108; Ava AI (AVA) up 77.7%, now at $0.09345; Zerebro (ZEREBRO) up 32.7%, now at $0.7705; Rifampicin (RIF) up 31.4%, now at $0.06095; tokenbot (CLANKER) up 30.4%, now at $88.22; Fartcoin (FARTCOIN) up 28.5%, now at $1.29; Urolithin A (URO) up 28.2%, now at $0.06932; ai16z (AI16Z) up 24.9%, now at $2.42; Odos (ODOS) up 15.3%, now at $0.0423; GRIFFAIN up 15.8%, now at $0.4337. Previously, Binance Alpha announced a new batch of projects: ZEREBRO, COOKIE, WHALES, and ORDER.
A whale who purchased 4.25 million VIRTUAL for $10 million 19 days ago is now up $11.5 million.
According to Lookonchain monitoring, a whale spent $10 million USDC to purchase 4.25 million $VIRTUAL 19 days ago, and its current value has risen to $21.5 million, yielding an unrealized profit of $11.5 million.
In December 2024, losses due to cryptocurrency attacks dropped to an annual low of only $29 million.
According to Cointelegraph, losses due to cryptocurrency hacking, exploitation, and fraud in December 2024 dropped to an annual low of only $29 million, down significantly from $63.8 million in November and $115.8 million in October. Major incidents included the exploitation of a vulnerability in the GemPad platform resulting in a theft of $2.1 million, a hack of $1 million from the FEG cross-chain bridge, and $12.3 million in crypto assets stolen from LastPass users due to data breaches. According to CertiK and PeckShield, the total losses from related attacks in December decreased by 71% month-on-month. The total loss for the year reached $2.3 billion, a 40% increase from 2023, but lower than the $3.78 billion in 2022, mainly due to increased access control vulnerabilities in centralized exchanges and custody platforms.
The whale 'rektdolphin.eth' who sold PEPE to buy KEKIUS is currently facing an unrealized loss of $880,000.
According to Onchain Lens monitoring, a whale named 'rektdolphin.eth' sold 62 trillion $PEPE tokens (worth $1.23 million) to purchase 4.22 million $KEKIUS. Currently, this batch of $KEKIUS has a market value of only $353,000, resulting in an unrealized loss of approximately $880,000 for the whale.
