The U.S. Blockchain Association has sued the IRS over new regulations on digital asset reporting
According to Cointelegraph, the IRS has released new regulations requiring digital asset platforms, including decentralized exchanges (DEX), to disclose user transaction information and cryptocurrency sales revenue starting in 2027. The Blockchain Association and the Texas Blockchain Council have filed a lawsuit against this rule, claiming it is unconstitutional and violates the Administrative Procedure Act, which could have severe implications for the U.S. digital asset space.
A South Korean court issued an arrest warrant for Yoon Suk-yeol on charges of treason
The judge postponed the trial date between CFTC and Gemini to January 21
Biden ordered government executive departments to shut down on January 9, 2025
ZachXBT: The Blockchain Bandit attacker aggregated 51,000 ETH to a multi-signature address, approximately $172.2 million
According to on-chain data monitored by ZachXBT, the Blockchain Bandit attacker has become active again after years of dormancy, aggregating a total of 51,000 ETH (approximately $172.2 million) to a multi-signature address (0xC45C…D542).
Bloomberg: BlackRock's Bitcoin fund becomes 'the greatest issuance in ETF history'
According to Bloomberg, BlackRock's iShares division offers over 1,400 ETFs globally, but none of them can match the performance of its Bitcoin ETF. The iShares Bitcoin Trust (IBIT) broke industry records when launched in 2024. Within just 11 months, its asset scale ballooned to over $50 billion. IBIT's scale has expanded to be equivalent to the total managed assets of more than 50 ETFs focused on the European market, many of which have been around for over 20 years. Nate Geraci, president of consulting firm The ETF Store, called it 'the greatest issuance in ETF history.' As Bloomberg intelligence analyst James Seyffart noted, 'The growth of IBIT is unprecedented. It is the fastest ETF to reach most milestones, faster than any other ETF across any asset class.' He added that with the current asset scale and a 0.25% fee ratio, IBIT is expected to earn about $112 million per year.
Polkadot's 2025 roadmap released: Shorten DOT unlocking waiting time and promote DOT as a universal fee token
Binance Alpha added COCO, vvaifu, MIRA, SKI, ALCH
FTX creditor Sunil accused aixbt of spreading false information related to FTX
Wormhole Foundation: The FEG token issue is unrelated to Wormhole, and all contracts are completely unaffected
Wormhole Foundation tweeted this morning that today's FEG token issue is unrelated to Wormhole, and all Wormhole contracts are completely unaffected. Blockchain security agency CertiK's analysis shows that the FEG bridge was attacked on December 29, 2024, with the issue stemming from a logic error in the cross-chain message processing of the relay contract. This contract was deployed by an address funded by the FEG team and is unrelated to the Wormhole team.
Unichain will launch a new verification network in 2025
The autonomous agent framework Eliza developed by the ai16z team ranked first on GitHub's December trending list
GitHub Trending data shows that the autonomous agent framework Eliza developed by the ai16z team ranked first in December's trending list, adding 4,531 stars this month, for a total of 7,028 stars.
The stablecoin aggregated sales infrastructure platform AlloyX completed a $10 million Pre-A round financing
According to official news, the Asia-based aggregated sales infrastructure platform AlloyX announced the completion of a $10 million Pre-A round financing to expand its global stablecoin infrastructure and plans to grow its business scale in the UAE, ASEAN, and Africa. Reportedly, the investors in this round of financing include Solomon Fund, Arbitrum Foundation, Offchain Labs, PMT Capital, Ming Capital, Fern Win Capital, Whitecove Capital, and Kiln SAS, among many others. This financing comes closely after significant dynamics in the stablecoin payment field, including Stripe's acquisition of Bridge for $1.1 billion and BVNK's $50 million Series B financing at a $750 million valuation.
A certain entity is suspected of sending nearly 540,000 LINK to Binance through three wallets, worth $11.4 million
Genius Group has made an additional purchase of $10 million worth of Bitcoin, increasing its holdings to 319.4 BTC
DefiLlama: DEX trading volume hit a historic high of $462 billion in December
Tether's Bitcoin holdings increased to approximately 83,759 BTC, with a market value of approximately $7.7 billion
On December 30, 2024, wallets associated with Tether added 8,404.48 BTC, worth approximately $772 million. As of now, Tether's total holdings reached 83,758.57 BTC, with a market value of approximately $7.7 billion. This transaction included 7,628.92 BTC received from the Bitfinex tagged wallet and an additional 775.568 BTC transferred later.
Notably, Tether has frequently used the auspicious number '8' in its previous acquisitions, such as purchasing 8,888.88 BTC in March 2024 and December 2023. This digit pattern has sparked speculation regarding its strategy or symbolic significance. Additionally, Tether manages a diversified asset portfolio including 4.8 million CRO, 2.293 million TRX, 148.46 ETH, 753,036 USDC, and 176 BNB.
USDC Treasury minted 400 million USDC this morning
MicroStrategy: Approximately $6.88 billion of shares remain available for issuance and sale
MicroStrategy announced that between December 23, 2024, and December 29, 2024, under the underwriting agreement, the company had cumulatively sold 592,987 shares, with net proceeds (after deducting underwriting commissions) amounting to approximately $209 million. As of December 29, 2024, according to the underwriting agreement, approximately $6.88 billion of shares remain available for issuance and sale.
MicroStrategy spent approximately $209 million to increase its holdings by 2,138 bitcoins
According to MicroStrategy's latest filed 8-K document, MicroStrategy announced that between December 23, 2024, and December 29, 2024, it used proceeds from the issuance and sale of shares under an underwriting agreement to purchase approximately 2,138 bitcoins for about $209 million in cash, at an average price of approximately $97,837 per bitcoin (including fees and expenses). As of December 29, 2024, MicroStrategy and its subsidiaries held approximately 446,400 bitcoins, with a total purchase price of approximately $27.9 billion and an average purchase price of approximately $62,428 per bitcoin (including fees and expenses).
A swing trader repurchased 25,204.6 ETH for 82.34 million USDT
According to on-chain analyst Yu Jin's monitoring, swing traders, after cutting losses yesterday afternoon, repurchased 25,204.6 ETH for 82.34 million USDT within the past 7 hours, at an average price of $3,322. Among this, approximately 34.5 million USDT came from funds borrowed by collateralizing ETH on Aave. This means he not only fully invested his holdings but also used leverage for the first time, showing strong optimism for ETH's subsequent performance.
