Hut 8 shares rose nearly 12% on rumors, but cooperation with Meta has not yet been confirmed
The news from Mars Finance is that the stock price of BTC mining company Hut 8 (HUT) rose nearly 12% in pre-market trading, to $30, due to rumors that its data center being built in Louisiana may be related to Meta Platforms (META).
However, Hut 8 and Meta have not yet officially announced any partnership. Hut 8 is investing $12 billion to build a data center in Louisiana, while Meta plans to invest $10 billion to build an AI data center in the state.
Hut 8 recently announced a $500 million market offering plan and a $250 million stock buyback plan. As of November, the company held 9,122 BTC, making it the seventh-largest BTC holder among publicly listed companies.
Crypto podcast UpOnly X account was previously hacked, and the hacker claimed to have "earned six figures" using Cobie's portrait
ChainCatcher reported that according to Protos, the cryptocurrency podcast UpOnly's <X> account was hacked on December 10, with the hacker attempting to promote a fake token. UpOnly host Brian Krogsgard (Ledger) stated that the hacker took control of the account without his knowledge, and this security breach was not a SIM swap incident. The hacker deleted the posts about the fake token, leaving only content boasting about earning six-figure income through host Cobie's image.
Crypto KOL: Altcoin have generally risen since hitting the bottom in August, with SUI ranking first with an increase of 800%
According to a message from ChainCatcher, crypto KOL Ansem posted data on X showing that since the market bottomed out on August 5, 2024, several Altcoins have seen significant growth. Among them, $SUI topped the list with an 800% increase, followed by $XRP and $DOGE with 414% and 365% increases respectively. Other tokens that performed well include: $ENA (+335%), $AAVE (+332%), $FTM (+330%), $ADA (+270%), and $PEPE (+260%). It's worth noting that ETH increased by 66% during this period, while SOL rose by 87%.
zkLink leads the zero-knowledge (ZK) sector, up 49.05% in the past 24 hours
Here is the English translation:
According to Coinmarketcap data, the total market capitalization of Zero Knowledge (ZK) projects reached $15 billion today, increasing by 10.1% in the past 24 hours. The market value growth is consistent with the trend of the global cryptocurrency market, which has increased by 3.8% in the past 24 hours, reaching approximately $3.82 trillion. <zkLink> led the Zero Knowledge (ZK) sector, with a 24-hour increase of 49.05%. <MASA> and <Cellframe> ranked second and third, with increases of 22.37% and 27% respectively. Other well-known Zero Knowledge (ZK) projects, <TAIKO> and <Scroll>, saw 24-hour increases of 19.57% and 9.05% in market value.
Floki: 35% of the total MONKY tokens will be allocated to the Floki ecosystem
Odaily reports that Floki has released an update on the Wise Monkey (MONKY) token airdrop on the X platform. According to the relevant rules, Wise Monkey plans to allocate 35% of the total MONKY supply to the Floki ecosystem: 1. 27% of MONKY will be airdropped to FLOKI holders and stakers; 2. 4% will be airdropped to TOKENFI holders and stakers; 3. 4% will be used as rewards for Floki trading bot users. The 35% of the supply used for these airdrops is currently stored in the Floki Multisig: the portion of the supply (31%) for airdropping to FLOKI and TOKEN holders will be distributed to supporting CEXs and on-chain by December 20th at the latest, while the portion (4%) for the Floki trading bot will be slowly allocated in the coming months according to the rules of the MONKY x Floki trading bot competition.
Data: A certain address deposited $6.94 million worth of ENA into Binance 1 hour ago, suspected of selling
According to on-chain analyst @ai_9684xtpa, an address deposited $6.94 million worth of <ENA> into Binance 1 hour ago, which is suspected to be a sell-off. The address had previously staked 41.95 million <USDe> on Ethena and received a 4.35 million <ENA> airdrop in Season1, which was worth $7 million at the time. Due to being ranked in the top 2000 in Season2, the address is still in the process of weekly unlocking.
A whale sold 657,841 WIF and bought 2.52 million GOAT
PANews on December 12 reported that according to Onchain Lens monitoring, in the past 6 hours, a wallet address received and sold 657,841 WIF, obtaining 2.04 million USDT, and then purchased 2.52 million GOAT tokens. Subsequently, the address transferred 1.8 million GOAT to three other addresses, and currently holds 729,319 GOAT tokens.
jump.fun$400,000 was spent on repurchasing $JUMP on the first day, and the $Robome deployer became the biggest winner
Odaily reported that according to the official announcement of jump.fun, since its launch yesterday, the platform has spent $400,000 to buy back the platform token $JUMP, showing strong ecosystem support. Among the first batch of tokens launched, $Robome became the star project on the first day, with its high trading volume bringing over $100,000 worth of $JUMP rewards to the deployer's address. It is reported that jump.fun is an innovative Meme launch platform based on the Base chain, where users only need to pay a $0.2 Gas fee to quickly deploy their own Meme Token on the Base chain, and the platform will provide 6 ETH of initial liquidity for free. The platform adopts a unique revenue distribution mechanism, using 100% of all revenue to buy back $JUMP, of which 50% is airdropped to the token founders, to drive the sustained growth of the token economy and the long-term vitality of the community.
The probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 98.6%.
Odaily Odaily News reports that according to the CME "Fed Watch": the probability of the Fed keeping the current interest rate unchanged by December has dropped to 1.4%, and the probability of a 25-basis-point rate cut has risen to 98.6%.
CZ: Project teams should launch products as soon as possible, or minimum viable products
ChainCatcher news, Binance co-founder <CZ> previously posted on X platform stating that live demonstrations and business cards are effective ways to introduce projects to him. He later added: "It is best for the live demonstration to be completed by a third party on the live platform, rather than in a special demonstration environment. Launch your product or minimum viable product (MVP) as soon as possible."
CZ: Project teams should launch products as soon as possible, or minimum viable products
Odaily reported that the co-founder of Binance previously posted on <X platform> saying: "Demonstrations are more effective than a thousand words. Many people at conferences try to sell me their projects, often taking selfies with me. This doesn't work. I'm not smart enough to understand a project in just a few seconds. Business cards are more useful for me. I can easily pass them to my team, which is much easier than asking me for contact information." He later added: "It's best for third parties to demonstrate live on the platform, rather than in special demo environments. Get your product or minimum viable product (MVP) online as soon as possible."
SlowMist: DEXX attackers are constantly exchanging assets and bridging to Ethereum
According to Mars Finance, according to MistTrack monitoring, the DEXX attacker is currently exchanging assets and bridging to Ethereum. As of now: · There is still a balance of $620,000 in the 0xFFB9 address, distributed on Ethereum, BNB Chain and Base Chain. · The DEXX hacker has transferred 6212.4 ETH to Tornado Cash.
SlowMist: DEXX attackers are constantly exchanging assets and bridging to Ethereum
On December 12, according to MistTrack monitoring, the DEXX attacker is currently exchanging assets and bridging to Ethereum. As of now: · There is still a balance of $620,000 in the 0xFFB9 address, distributed on Ethereum, BNB Chain and Base Chain. · The DEXX hacker has transferred 6212.4 ETH to Tornado Cash.
Medical Science Expert Dr. Changge Fang Joins CESS Team
Foresight News, decentralized data infrastructure CESS announced that Dr. Changge Fang, a medical expert, has joined the team to drive the infrastructure construction of the DeSci track. Dr. Changge Fang has nearly 30 years of medical research experience, including the development of patented 3D tumor models to accelerate the screening of anti-cancer drugs, and has made breakthroughs in precision medicine and health data analysis. His contributions in the fields of cancer immunotherapy and stem cell therapy have injected strong momentum into CESS's in-depth expansion in the DeSci track.
Binance will end USUAL pre-market trading and launch spot trading
Binance will end the Usual (USUAL) pre-market trading at 17:00 on December 17, 2024, and open the following spot trading pairs at 19:00 on December 18, 2024: USUAL/BTC, USUAL/USDT, USUAL/FDUSD, USUAL/TRY.
Binance to Launch Usual (USUAL) Spot Trading Pairs on December 18
According to ChainCatcher, Binance will end the pre-market trading of Usual (USUAL) at 17:00 (ET on December 17, 2024), and open USUAL/BTC, USUAL/USDT, USUAL/FDUSD, and USUAL/TRY spot trading pairs at 19:00 (ET on December 18).
Aave protocol TVL has hit a new high, but the price is still far from ATH
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DeFiance Capital founder and CIO Arthur_0x posted on X platform that several indicators of the Aave protocol have reached new highs, but the token price is currently only 50% of its ATH level. Compared to 2021, the total supply of stablecoins is also significantly higher, which provides momentum for DeFi, and the price of AAVE is expected to rise further. According to DeFiLlama data, Aave's TVL has now exceeded the previous bull market peak in October 2021, reaching a new high of $38.6 billion. The protocol's estimated annual revenue is $117 million. CoinGecko data shows that AAVE is currently trading at $355, with a 24-hour increase of 28.7% and a 30-day increase of 87.5%, a 1-year cumulative increase of 283.6%, but it still needs to increase by 86.197% to reach its historical high price of $661.69. In addition, AAVE's market cap is currently $5.327 billion, which still needs to increase by 49.296% to reach its historical high of $7.953 billion.
DeFiance founder: Aave protocol hits new highs in all indicators, but prices are still more than 50% below historical highs
PANews on December 12th, DeFiance Capital founder and CEO @Arthur_0x posted on the X platform that the various indicators of the Aave protocol have significantly exceeded their historical highs, but its token price is still more than 50% lower than the historical high. In addition, the current stablecoin supply is significantly higher than the 2021 level, providing stronger support for the DeFi ecosystem.
Medical expert Dr. Changge Fang joins CESS to promote DeSci track infrastructure
According to Mars Finance, CESS announced that medical expert Dr. Changge Fang has joined the team to promote the construction of DeSci track infrastructure. Dr. Changge Fang has nearly three decades of medical research experience, including the development of patented three-dimensional tumor models to accelerate anti-cancer drug screening and breakthroughs in precision medicine and health data analysis. She will help CESS innovate in medical data storage security, data sharing and precision medicine technology support, injecting new impetus into global scientific research. CESS proposed the first decentralized storage protocol standard IEEE P3220.02, and is a member of professional organizations such as the Blockchain Association (BA) and the Global Blockchain Association (GBA), promoting the mainstream application of blockchain technology.
Binance will launch HIVE/FDUSD, HIVE/USDC and other spot trading pairs
According to Mars Finance, Binance announced that it will launch HIVE/FDUSD, HIVE/USDC, IDEX/FDUSD, IDEX/USDC, TLM/FDUSD and TLM/USDC spot trading pairs at 16:00 (ET on December 13, 2024). At that time, Binance will also open spot algorithmic order trading robot services for the above trading pairs.