According to Foresight News, according to monitoring by on-chain data analyst Ember, the ZKasino address began to embezzle "funds prepared to be returned to users" 7 hours ago to leverage long ETH on the chain. They deposited 5,270 ETH into Aave as collateral to borrow 11.589 million DAI, and then added 3,500 ETH.

Foresight News reports that data released by IntoTheBlock shows that the funding rate for perpetual swap contracts has surged to over 10%, reaching as high as 20% on mainstream exchanges. Such a high cost indicates that traders' bullish sentiment is on the rise. Although still below the peak in the first quarter, sustained demand at this level may suggest speculative overheating.

Foresight News reports, CryptoQuant analysts indicate that the inflow of stablecoins into Binance reached a historical high of $10.2 billion in the past month. This surge suggests that a series of trading activities are increasingly relying on Binance, including the purchase of Bitcoin and altcoins, as well as participation in the futures market.

Foresight News reported that the South Korean virtual asset deposit platform Delio has been declared bankrupt by a Seoul court. Delio suspended withdrawals last year, owing customers 245 billion won (1.75 billion USD). It will initiate liquidation proceedings, and customers can file claims until February 21, 2025, with the first creditor meeting scheduled for March 19. The platform's assets were largely held in FTX accounts, and after FTX's bankruptcy, assets could not be recovered, leaving customer assets unrecoverable, affecting approximately 2,800 customers.

According to Foresight News, Mara Holdings stated on platform X that through the issuance of 0% convertible notes, it has acquired 5,771 BTC so far at an average price of $95,554 each. The total amount of BTC held by Mara Holdings is approximately 33,875 BTC, currently valued at $3.4 billion (based on a spot BTC price of $99,000).

Previously, Mara Holdings completed the issuance of $1 billion in convertible preferred notes, maturing on March 1, 2030.

Foresight News reports that Whale Alert monitoring shows Tether Treasury minted 1 billion USDT on the Ethereum network early this morning. Tether CEO Paolo Ardoino stated that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain swaps.

According to Foresight News, according to Crowdfund Insider, Crypto.com has acquired Charterprime Ltd., a global financial trading and brokerage services company that holds an investment dealer license and a global business license issued by the Financial Services Commission of Mauritius.

Foresight News reports that the Magic Eden Foundation announced the TGE of the ME token on December 10.

According to Foresight News, after Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), announced he would resign on January 20, 2025, Jaime Lizárraga, one of the five current commissioners of the SEC, announced his resignation.

Jaime Lizárraga has basically never made any public statements regarding the cryptocurrency and blockchain industry.

Foresight News reports that according to the withdrawal status on Binance, the withdrawal service on the Solana network has currently been suspended. This suspension may be due to network congestion and wallet maintenance, among other reasons.

According to Foresight News, Amazon officially announced that it will invest an additional $4 billion in Anthropic, OpenAI's biggest competitor. The new round of financing brings Amazon's total investment in Anthropic to $8 billion.

 

Amazon announced a $1.25 billion investment in Anthropic in September 2023, and in March of this year, Amazon invested another $2.75 billion in Anthropic, the company's largest external investment in 30 years.

According to Foresight News, CNBC reported that Robinhood's chief legal officer DAN Gallagher will not serve as chairman of the SEC.

Foresight News reports that according to Whale Alert monitoring, around 23:15 Beijing time, an address holding 965,000 DOGE (currently worth approximately $389,200) has just been activated after being dormant for 10.9 years.

According to Foresight News, the Chicago Board Options Exchange (Cboe) will launch the first cash-settled index options related to spot Bitcoin on December 2. The options are based on the new Cboe Bitcoin U.S. ETF Index, designed to reflect the performance of spot Bitcoin ETFs listed on U.S. exchanges, providing opportunities for price movements of spot Bitcoin through options, thereby expanding investor access to crypto derivatives. These options will be exclusively listed and traded on the Cboe Options Exchange and will be regulated by the SEC. In addition to cash settlement, these index options will also offer European-style exercise, meaning they can only be exercised on the expiration date, thereby eliminating the risk of early assignment.

Foresight News reports that according to Forbes, hardware wallet manufacturer Ledger has sold over 7 million devices and currently manages approximately 20% of global cryptocurrency assets, valued at around $400 billion. As the price of Bitcoin rose from $68,000 to $98,000, Ledger's hardware sales increased threefold, and the transaction volume of its Ledger Live app surged 3.5 times. Ledger CEO Pascal Gauthier stated that the company is expanding from cryptocurrency security to a broader cybersecurity field. The Security Key application launched in September this year has entered the authentication market, which is expected to reach a market size of $40 billion by 2030.

Foresight News reports that Binance has announced it will be a Moon sponsor for Bitcoin MENA 2024, with executives Bader Kalooti and Vishal Sacheendran set to speak on December 9. Bitcoin MENA 2024 will take place from December 9 to 10 at the Abu Dhabi National Exhibition Centre.

Foresight News reports that Robinhood Crypto EU has announced the launch of BONK trading.

Foresight News reported that the U.S. Blockchain Association has submitted a letter to elected President Trump and the new Congress on behalf of nearly 100 members, outlining priorities that need to be considered in the first 100 days affecting the cryptocurrency industry. Key points include: establishing a cryptocurrency regulatory framework, ending the de-banking of cryptocurrency and blockchain technology companies, appointing a new SEC chairman and rescinding SAB 121, appointing new leadership at the Treasury Department and the IRS, establishing a cryptocurrency advisory committee, and collaborating with Congress and federal regulators.

Foresight News reports that FIFA has announced a collaboration with game developer Mythical Games to launch FIFA Rivals, a new Web3 mobile game officially licensed by the global sports organization. Mythical Games stated that FIFA Rivals is planned to be released on iOS and Android mobile devices and will focus on arcade gameplay. In FIFA Rivals, players will have the opportunity to create and manage their own football clubs, owning, buying, selling, and trading 'football stars' through the Mythos blockchain.

Foresight News reports that according to Lookonchain monitoring, an investor initially invested 115 SOL (approximately $19,400) to buy 20.51 million BULLY. After experiencing a 90% crash, they still have not sold and instead added an investment of 16 SOL (approximately $3,200) on November 18 to buy 19.93 million BULLY. With BULLY's market capitalization exceeding $14 million, their current holding value has reached $5.95 million.