Bitcoin falls below 97000 USDT
Mars Finance news, market shows Bitcoin has fallen below 97000 USDT, currently at 96955.17 USDT, with a daily decline of 7.12%.
According to Coinglass data, the total liquidations across the network in the past 24 hours reached $1.053 billion, with long liquidations totaling $910 million and short liquidations totaling $143 million.
U.S. SEC approves Hashdex Nasdaq Bitcoin and Ethereum crypto index ETF
According to market news, the U.S. Securities and Exchange Commission has approved the Hashdex Nasdaq Bitcoin and Ethereum crypto index ETF.
Craig Wright, the self-proclaimed Satoshi Nakamoto, was sentenced to 12 months in prison, with a two-year probation.
Australian scientist Craig Wright, who claims to be Satoshi Nakamoto, was found in contempt of court and sentenced to 12 months in prison, with a two-year probation. He reportedly appeared via video link, refusing to disclose his exact location but stated that he would appeal.
Previously, Wright initiated a £900 billion 'legal action' involving intellectual property. In March of this year, a UK judge ruled that Wright is not Satoshi Nakamoto. The Crypto Open Patent Alliance (COPA) first sued Wright in April, attempting to prevent him from claiming copyright over the Bitcoin white paper and database. During the trial, two key figures testified, including Adam Back, a pioneer of the Bitcoin proof-of-work consensus system.
The team behind meme coin HAWK has been sued by investors for allegedly violating securities laws.
A court document shows that the team behind the meme coin HAWK, associated with influencer Haliey Welch or 'Hawk Tuah Girl', has been sued by investors for allegedly violating securities laws.
The lawsuit claims that HAWK's actions are similar to unregistered securities, attracting first-time cryptocurrency investors, who subsequently suffered 'huge losses' after the token's decline. Twelve plaintiffs who invested in HAWK collectively suffered financial losses of $151,000 and filed a lawsuit seeking a jury trial. The complaint also claims that a wallet controlled by the Tuah Foundation collected $3 million from token trading fees.
German regulators have ordered Worldcoin to delete biometric data collected from human eye scans.
German regulators, the Bavarian Data Protection Authority, ordered Worldcoin to delete biometric data collected through eye scans in its human verification project. Worldcoin stated that it has changed its processes, and the findings from the German regulators largely relate to outdated operations and technologies replaced in 2024.
The Bavarian Data Protection Authority has concluded its investigation that began in April 2023, stating in a statement on Wednesday: Worldcoin is obligated to provide a deletion procedure in compliance with GDPR (General Data Protection Regulation) within one month after the decision takes effect, and to delete certain previously collected data records without adequate legal basis.
OpenAI CEO Sam Altman stated that measures have been taken in recent months to alleviate regulatory concerns, including transitioning Worldcoin to a system that no longer stores biometric data. To comply with GDPR requirements, the iris codes used to verify individual World IDs will no longer be stored, and previously collected iris codes will be voluntarily deleted, ensuring that no personal data used to operate the World ID is retained.
Dubai tokenization platform Allo secures $100 million in Bitcoin staking credit support.
Dubai tokenization platform Allo announces it has secured a $100 million Bitcoin-backed credit line, financed by Greengage and a 'long-established U.S. institution.' This funding will be used to expand on-chain lending and physical asset tokenization services.
Chainalysis: In 2024, North Korean hackers stole $1.3 billion worth of cryptocurrency.
Chainalysis released a report on December 19 stating that North Korean hackers stole over $1.3 billion worth of cryptocurrency in 47 incidents that occurred in 2024, accounting for about 61% of the total reported thefts for that year.
Chainalysis stated: 'North Korea's crypto attacks seem to be becoming more frequent,' adding: 'Notably, the frequency of attacks in 2024 involving $50 million to $100 million and over $100 million is far higher than in 2023, indicating that North Korea is becoming increasingly adept and quicker at large-scale attacks. This contrasts sharply with the previous two years, during which North Korea's attacks were more frequent but generated less than $50 million in profits each time.'
The Trump family's crypto project WLFI purchased 722.2 ETH an hour ago at an average price of $3461.
According to Arkham monitoring, an hour ago, the Trump family's crypto project WLFI spent 2.5 million USDC to purchase 722.2 ETH, with an average transaction price of $3,461.
The Eigen Foundation issued a grant of 1 million EIGEN tokens to AltLayer.
According to the official announcement, the Eigen Foundation has issued a grant of 1 million EIGEN tokens to AltLayer, which stated that the tokens will be used directly to give back to the community. The first batch of 500,000 EIGEN tokens will be distributed to reALT holders and stakers starting this week. The remaining 500,000 EIGEN tokens will be distributed when the Eigen Layer's V2 reward mechanism goes live on its mainnet in 2025.
Dollar index rose 0.36% on the 19th
The dollar index measuring the dollar against six major currencies rose 0.36% on the 19th, closing at 108.409 in the forex market. As of the New York forex market close, 1 euro exchanged for 1.0362 dollars, down from the previous trading day's 1.0376 dollars; 1 pound exchanged for 1.2505 dollars, down from 1.2593 dollars; 1 dollar exchanged for 157.43 yen, up from 154.66 yen; 1 dollar exchanged for 0.8983 Swiss francs, down from 0.9003 Swiss francs; 1 dollar exchanged for 1.4388 Canadian dollars, down from 1.4417 Canadian dollars; 1 dollar exchanged for 11.0322 Swedish kronor, down from 11.1102 Swedish kronor.
Ouroboros DeFi: Why is Usual Money undervalued?
Ouroboros DeFi Yield Fund focuses on early investments and pricing dislocation opportunities by identifying high-quality projects and providing liquidity. Usual Money was selected for its innovative token economics, strong team, and real revenue. The fund captures its undervaluation opportunities through leveraged strategies. Binance's listing has validated its potential, demonstrating that high-quality projects can achieve premium valuations and generate excess returns.
Arthur Hayes new article focus | The truth about global monetary policy, where will Bitcoin go next?
This article analyzes the potential impact of a possible Trump re-election on the global economic landscape from a macroeconomic perspective, focusing on the response strategies of the U.S., EU, China, and Japan. The author believes that Trump's policies will reshape the global monetary system through dollar devaluation, financial repression, and re-industrialization, triggering monetary easing and capital flow changes in various countries. The article predicts that cryptocurrencies like Bitcoin will benefit during this process, but market expectations for Trump's rapid transformation may be overly optimistic, leading to volatility in the short term. Ultimately, the global economy will face a long-term trend of currency devaluation and financial repression.
2024 Crypto Financing New Landscape: Rise of Infrastructure, DeFi, and Emerging AI Fields
In the past two years, the author has focused on venture capital and startup financing and began building a related database in 2023. Data from 2024 shows that infrastructure and decentralized finance (DeFi) remain hot areas, while decentralized physical infrastructure (DePIN) and AI-related projects have seen significant growth. Market sentiment, financing difficulties, and declining token valuations have impacted startup development, leading many projects to postpone token generation events (TGE). Overall, venture capital deployment is slowly recovering, and the market dynamics are complex and changing, requiring continuous attention to trends and changes.
