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GMX distributes 100,000 ARB incentives to ecological project VaultkaAccording to official sources, GMX announced that it will distribute 100,000 ARB incentives to Vaultka, all of which will be used for USDC lending pool rewards for a period of 12 weeks. It is understood that Vaultka offers a different income strategy based on LP tokens, which achieves higher returns by leveraging long LP tokens. For lenders (users who provide stablecoins), they can not only receive basic annual percentage yield (APR) returns, but also share a portion of the income based on the leverage multiple selected by the strategy user. Currently, the deposit interest rates on the Vaultka platform are as follows: BTC 14% (coin-based), ETH 14% (coin-based), USDC 20%+45% esVKA emission, of which 10% of USDC income is provided by GMX. #sec罚款

GMX distributes 100,000 ARB incentives to ecological project Vaultka

According to official sources, GMX announced that it will distribute 100,000 ARB incentives to Vaultka, all of which will be used for USDC lending pool rewards for a period of 12 weeks. It is understood that Vaultka offers a different income strategy based on LP tokens, which achieves higher returns by leveraging long LP tokens. For lenders (users who provide stablecoins), they can not only receive basic annual percentage yield (APR) returns, but also share a portion of the income based on the leverage multiple selected by the strategy user. Currently, the deposit interest rates on the Vaultka platform are as follows: BTC 14% (coin-based), ETH 14% (coin-based), USDC 20%+45% esVKA emission, of which 10% of USDC income is provided by GMX.
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A giant whale withdrew 701,000 GAL and 691,000 ARB from BinanceAccording to Spot On Chain's monitoring, about 25 minutes ago, a whale with an address starting with 0x94c withdrew 701,000 GAL ($918,000) and 691,000 ARB ($720,000) from Binance.The whale has withdrawn 9 tokens ILV, MKR, ETH, 1INCH, UNI, GAL, ARB, ENS, and LQTY from Binance in the past 18 days (estimated cost: $16.1 million).The whale has deposited a small amount of MKR and ENS (totaling $758,000) back into Binance.The whale still holds all 9 tokens worth $17.2 million.The estimated profit the whale has made from all tokens is $1.9 million (+14%). #sec罚款

A giant whale withdrew 701,000 GAL and 691,000 ARB from Binance

According to Spot On Chain's monitoring, about 25 minutes ago, a whale with an address starting with 0x94c withdrew 701,000 GAL ($918,000) and 691,000 ARB ($720,000) from Binance.The whale has withdrawn 9 tokens ILV, MKR, ETH, 1INCH, UNI, GAL, ARB, ENS, and LQTY from Binance in the past 18 days (estimated cost: $16.1 million).The whale has deposited a small amount of MKR and ENS (totaling $758,000) back into Binance.The whale still holds all 9 tokens worth $17.2 million.The estimated profit the whale has made from all tokens is $1.9 million (+14%).
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Cryptocurrency firms invest $78 million in political action committee Fairshake to channel support fCryptocurrency companies have significantly increased their donations to US politicians. Companies such as Coinbase, Circle, and a16z have invested $78 million in Fairshake, a federal super PAC that can receive unlimited funds from corporations and individuals for elections, with the goal of guiding "cryptocurrency-friendly leadership." Coinbase Chief Policy Officer Faryar Shirzad said, "We will do everything we can to depoliticize cryptocurrency." "Our lobbying, grassroots work, and now Fairshake will create space for the public to debate its benefits, rather than our industry being used as a political football by those who do not understand the social benefits of this technology." #sec罚款

Cryptocurrency firms invest $78 million in political action committee Fairshake to channel support f

Cryptocurrency companies have significantly increased their donations to US politicians. Companies such as Coinbase, Circle, and a16z have invested $78 million in Fairshake, a federal super PAC that can receive unlimited funds from corporations and individuals for elections, with the goal of guiding "cryptocurrency-friendly leadership." Coinbase Chief Policy Officer Faryar Shirzad said, "We will do everything we can to depoliticize cryptocurrency." "Our lobbying, grassroots work, and now Fairshake will create space for the public to debate its benefits, rather than our industry being used as a political football by those who do not understand the social benefits of this technology."
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Taiwan’s “Duoduo Blind Box” defrauded nearly NT$10 million in TetherChina Taiwan's "Dodo Blind Box" is involved in virtual currency fraud of nearly 10 million new Taiwan dollars. The platform uses the virtual currency Tether, with each blind box costing at least 300 Tether and the most expensive being 2000 Tether. After people grab the blind box, the platform immediately adds 3% and then sells it on the platform. Currently, at least 8 people have been deceived, with the amount involved reaching over 9 million new Taiwan dollars. #sec罚款

Taiwan’s “Duoduo Blind Box” defrauded nearly NT$10 million in Tether

China Taiwan's "Dodo Blind Box" is involved in virtual currency fraud of nearly 10 million new Taiwan dollars. The platform uses the virtual currency Tether, with each blind box costing at least 300 Tether and the most expensive being 2000 Tether. After people grab the blind box, the platform immediately adds 3% and then sells it on the platform. Currently, at least 8 people have been deceived, with the amount involved reaching over 9 million new Taiwan dollars.
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Fox Business host: Bitcoin price could reach $1 million in the futureFox Business host Charles Payne believes that as long as the US government does not crack down on Bitcoin, the price of Bitcoin may reach $1 million someday in the future. Payne explained that unlike Bitcoin, stocks allow shareholders to access "great companies" and participate in building the capitalist system that supports the United States. However, Bitcoin may have greater potential for growth and could reach $1 million; it also has the ability to completely change the overbearing (US) government intervention. If citizens refuse to accept CBDC due to privacy or trust issues, Payne is concerned that the government may force them to use it. Charles Payne said: "I hope to see Bitcoin succeed, and I believe it will eventually succeed. It has universal potential to change the world and help those who are currently in hopeless situations." (Cryptopotato) #sec罚款

Fox Business host: Bitcoin price could reach $1 million in the future

Fox Business host Charles Payne believes that as long as the US government does not crack down on Bitcoin, the price of Bitcoin may reach $1 million someday in the future. Payne explained that unlike Bitcoin, stocks allow shareholders to access "great companies" and participate in building the capitalist system that supports the United States. However, Bitcoin may have greater potential for growth and could reach $1 million; it also has the ability to completely change the overbearing (US) government intervention. If citizens refuse to accept CBDC due to privacy or trust issues, Payne is concerned that the government may force them to use it. Charles Payne said: "I hope to see Bitcoin succeed, and I believe it will eventually succeed. It has universal potential to change the world and help those who are currently in hopeless situations." (Cryptopotato)
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UniSat Wallet: The engraving service temporarily experienced a response timeout due to network problOn December 20th, UniSat Wallet stated on social media that due to temporary network issues, some users experienced response timeouts when using UniSat engraving services in the past two hours. The service has now been restored to normal. #sec罚款

UniSat Wallet: The engraving service temporarily experienced a response timeout due to network probl

On December 20th, UniSat Wallet stated on social media that due to temporary network issues, some users experienced response timeouts when using UniSat engraving services in the past two hours. The service has now been restored to normal.
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K33 Research: The approval of the spot Bitcoin ETF in January seems “certain”The approval of the spot Bitcoin ETF in January seems to be a "done deal". The application update in January indicates that the applicant has agreed to set up cash creation before the deadline of January 10th. K33 senior analyst Vetle Lunde and Vice President Anders Helseth said: "Cash creation is not the most efficient structure, but the applicant's update further sends a signal that is favorable for the ETF to be approved within the next three weeks." #sec罚款

K33 Research: The approval of the spot Bitcoin ETF in January seems “certain”

The approval of the spot Bitcoin ETF in January seems to be a "done deal". The application update in January indicates that the applicant has agreed to set up cash creation before the deadline of January 10th. K33 senior analyst Vetle Lunde and Vice President Anders Helseth said: "Cash creation is not the most efficient structure, but the applicant's update further sends a signal that is favorable for the ETF to be approved within the next three weeks."
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Former SEC official gives CZ advice: Don’t step into a dead-end streetFormer Director of the SEC Internet Enforcement Office John Reed Stark wrote on X platform, giving CZ some advice: If you can't stand the punishment, don't commit the crime, don't do it. If you can't afford the price, don't take your chances. If there is no reward on your head, don't go to sleep. Don't step your feet onto a dead-end street. #sec罚款

Former SEC official gives CZ advice: Don’t step into a dead-end street

Former Director of the SEC Internet Enforcement Office John Reed Stark wrote on X platform, giving CZ some advice: If you can't stand the punishment, don't commit the crime, don't do it. If you can't afford the price, don't take your chances. If there is no reward on your head, don't go to sleep. Don't step your feet onto a dead-end street.
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Perpetual contract exchange MYX completed a US$5 million seed round of financing, led by HongShanMYX, a decentralized perpetual contract exchange incubated by D11 Labs, announced the completion of a $5 million seed round of financing with a valuation of $50 million. This round of financing was led by HongShan (formerly Sequoia China), with participation from Consensys, Hack VC, OKX Ventures, Foresight Ventures, Redpoint China, HashKey Capital, GSR Markets, Alti5, Leland Ventures, Cypher Capital, Bing Ventures, Lecca Ventures, and others. The funds raised in this round will be used to accelerate MYX's technological innovation and market expansion, and to promote the rapid launch and scaled development of its mainnet products.At the same time, MYX announced that it will soon launch a Treasure Hunting Event to incentivize and reward early supporters in the community. This event will continue until the end of the TGE, with the first phase about to begin and consideration given to deploying key early plot certificates on the BRC-20 network.According to RootData, MYX is a decentralized perpetual contract exchange that uses a unique MPM mechanism to achieve zero slippage trading and efficiently match long and short positions, with a capital efficiency of up to 125 times, committed to breaking through the bottleneck of on-chain capital efficiency. #sec罚款

Perpetual contract exchange MYX completed a US$5 million seed round of financing, led by HongShan

MYX, a decentralized perpetual contract exchange incubated by D11 Labs, announced the completion of a $5 million seed round of financing with a valuation of $50 million. This round of financing was led by HongShan (formerly Sequoia China), with participation from Consensys, Hack VC, OKX Ventures, Foresight Ventures, Redpoint China, HashKey Capital, GSR Markets, Alti5, Leland Ventures, Cypher Capital, Bing Ventures, Lecca Ventures, and others. The funds raised in this round will be used to accelerate MYX's technological innovation and market expansion, and to promote the rapid launch and scaled development of its mainnet products.At the same time, MYX announced that it will soon launch a Treasure Hunting Event to incentivize and reward early supporters in the community. This event will continue until the end of the TGE, with the first phase about to begin and consideration given to deploying key early plot certificates on the BRC-20 network.According to RootData, MYX is a decentralized perpetual contract exchange that uses a unique MPM mechanism to achieve zero slippage trading and efficiently match long and short positions, with a capital efficiency of up to 125 times, committed to breaking through the bottleneck of on-chain capital efficiency.
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Wormhole launches $50 million cross-chain ecosystem fundAccording to official sources, cross-chain infrastructure Wormhole announced the launch of a $50 million cross-chain ecosystem fund. Any team that builds applications or infrastructure integrating the Wormhole cross-chain messaging protocol can apply for the fund. The fund is managed and operated by Borderless Capital and has received support from many well-known blockchain protocols, infrastructure providers, and institutional investors, including Jump Crypto, Polygon Ventures, Aptos Labs, Solana Foundation, Algorand Foundation, GSR, and Arrington Capital, among others. #sec罚款

Wormhole launches $50 million cross-chain ecosystem fund

According to official sources, cross-chain infrastructure Wormhole announced the launch of a $50 million cross-chain ecosystem fund. Any team that builds applications or infrastructure integrating the Wormhole cross-chain messaging protocol can apply for the fund.
The fund is managed and operated by Borderless Capital and has received support from many well-known blockchain protocols, infrastructure providers, and institutional investors, including Jump Crypto, Polygon Ventures, Aptos Labs, Solana Foundation, Algorand Foundation, GSR, and Arrington Capital, among others.
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People familiar with the matter: Binance’s fine is $4.368 billion, including $3.4 billion from the TAccording to sources cited by Reuters, the United States will impose a fine of over $4 billion on Binance, including $3.4 billion from the Financial Crimes Enforcement Network (FINCEN) of the US Treasury Department and $968 million from the Office of Foreign Assets Control (OFAC) (totaling $4.368 billion). #sec罚款

People familiar with the matter: Binance’s fine is $4.368 billion, including $3.4 billion from the T

According to sources cited by Reuters, the United States will impose a fine of over $4 billion on Binance, including $3.4 billion from the Financial Crimes Enforcement Network (FINCEN) of the US Treasury Department and $968 million from the Office of Foreign Assets Control (OFAC) (totaling $4.368 billion).
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A whale deposited 5,975 ETH, equivalent to approximately US$13.9 million, into Blast 1 hour agoAccording to Spot On Chain monitoring on December 24th, a whale address starting with 0xc3b deposited 5,975 ETH (worth $13.9 million) into Blast about an hour ago, becoming the fifth largest depositor.· A total of 381,000 ETH ($879 million) has been deposited into Blast and will be locked until February 24, 2024· About 129,500 ETH ($300 million) came from the top 20 users, accounting for 34% of the total deposits. #sec罚款

A whale deposited 5,975 ETH, equivalent to approximately US$13.9 million, into Blast 1 hour ago

According to Spot On Chain monitoring on December 24th, a whale address starting with 0xc3b deposited 5,975 ETH (worth $13.9 million) into Blast about an hour ago, becoming the fifth largest depositor.· A total of 381,000 ETH ($879 million) has been deposited into Blast and will be locked until February 24, 2024· About 129,500 ETH ($300 million) came from the top 20 users, accounting for 34% of the total deposits.
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The Vega protocol token VEGA increased by more than 3000% in 24H and is now at 0.1639 USDTAccording to CoinGecko, the Metis ecosystem's inscription protocol Vega (MIS-20) token VEGA has risen by over 3051.8% in the past 24 hours, and is currently priced at 0.1639 USDT. Earlier news stated that Vega (MIS-20) is developing a protocol market that combines inscription and tokens, aiming to provide new ecological development opportunities for Metis. #sec罚款

The Vega protocol token VEGA increased by more than 3000% in 24H and is now at 0.1639 USDT

According to CoinGecko, the Metis ecosystem's inscription protocol Vega (MIS-20) token VEGA has risen by over 3051.8% in the past 24 hours, and is currently priced at 0.1639 USDT. Earlier news stated that Vega (MIS-20) is developing a protocol market that combines inscription and tokens, aiming to provide new ecological development opportunities for Metis.
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Opinion: Solana price will equal and eventually surpass EthereumAngel investor Santiago R Santos stated on X platform that Solana will be on par with Ethereum and eventually surpass it, with an 80% probability of this happening in this cycle. In addition, with the growth of funds inflow and the overall increase in the cryptocurrency market cap (the high correlation within the cryptocurrency market continues to exist in this cycle), the fully diluted market cap (FDMC) and prices of ETH and SOL may rise, so the most important thing is the SOL/ETH ratio and convergence to make their FDMC equal to 1:1. #sec罚款

Opinion: Solana price will equal and eventually surpass Ethereum

Angel investor Santiago R Santos stated on X platform that Solana will be on par with Ethereum and eventually surpass it, with an 80% probability of this happening in this cycle. In addition, with the growth of funds inflow and the overall increase in the cryptocurrency market cap (the high correlation within the cryptocurrency market continues to exist in this cycle), the fully diluted market cap (FDMC) and prices of ETH and SOL may rise, so the most important thing is the SOL/ETH ratio and convergence to make their FDMC equal to 1:1.
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Arthur Hayes: Will continue to move funds from short-term U.S. Treasury bonds into cryptocurrenciesAccording to Lookonchain statistics, Arthur Hayes, co-founder of BitMEX, stated in a post that he will continue to transfer funds from US short-term bonds to cryptocurrencies. On February 7th, Arthur Hayes announced that he would raise cash to buy Bitcoin, and since then he has published seven articles bullish on Bitcoin. #sec罚款

Arthur Hayes: Will continue to move funds from short-term U.S. Treasury bonds into cryptocurrencies

According to Lookonchain statistics, Arthur Hayes, co-founder of BitMEX, stated in a post that he will continue to transfer funds from US short-term bonds to cryptocurrencies. On February 7th, Arthur Hayes announced that he would raise cash to buy Bitcoin, and since then he has published seven articles bullish on Bitcoin.
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OpenAI: Sam Altman will return to OpenAI as CEOOpenAI has announced that it has reached a preliminary agreement to have Sam Altman return as CEO of OpenAI with a new board of directors (Chairman Bret Taylor, members Larry Summers and Adam D'Angelo), and is currently working on the details of the collaboration. #sec罚款

OpenAI: Sam Altman will return to OpenAI as CEO

OpenAI has announced that it has reached a preliminary agreement to have Sam Altman return as CEO of OpenAI with a new board of directors (Chairman Bret Taylor, members Larry Summers and Adam D'Angelo), and is currently working on the details of the collaboration.
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SOL market capitalization ranking jumps to fifth, surpassing XRPAccording to CoinGecko data, the market value of SOL has grown to $33,186,934,094, surpassing XRP's market value of $33,021,191,450, becoming the world's fifth largest cryptocurrency by market capitalization. #sec罚款

SOL market capitalization ranking jumps to fifth, surpassing XRP

According to CoinGecko data, the market value of SOL has grown to $33,186,934,094, surpassing XRP's market value of $33,021,191,450, becoming the world's fifth largest cryptocurrency by market capitalization.
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The current negative premium rate of Grayscale GBTC is 8.52%Coinglass data shows that the current Grayscale GBTC negative premium rate is 8.52%, and the ETH trust negative premium rate is 13.23%.In addition, the Grayscale SOL trust premium rate is 312.99%, and the LINK trust premium rate is 301.88%. #sec罚款

The current negative premium rate of Grayscale GBTC is 8.52%

Coinglass data shows that the current Grayscale GBTC negative premium rate is 8.52%, and the ETH trust negative premium rate is 13.23%.In addition, the Grayscale SOL trust premium rate is 312.99%, and the LINK trust premium rate is 301.88%.
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ORDI briefly exceeded $71.8, reaching a record highAccording to market data, ORDI has surged to $71.8 in a short period of time and is currently trading at $70.17, with a daily increase of 29.72%. The market is volatile, so please be prepared for risk control. #sec罚款

ORDI briefly exceeded $71.8, reaching a record high

According to market data, ORDI has surged to $71.8 in a short period of time and is currently trading at $70.17, with a daily increase of 29.72%. The market is volatile, so please be prepared for risk control.
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The total amount of Lido Ethereum pledged exceeds 9 million, worth approximately US$18.1 billionOn November 21st, official data from Lido showed that its total Ethereum staked had exceeded 9 million, reaching 9,006,749 ETH worth approximately $18.1 billion at the time of writing. The Ethereum staking rewards paid out have reached 454,958 ETH, equivalent to approximately $914 million, with the current Ethereum staking APR at 3.7%. #sec罚款

The total amount of Lido Ethereum pledged exceeds 9 million, worth approximately US$18.1 billion

On November 21st, official data from Lido showed that its total Ethereum staked had exceeded 9 million, reaching 9,006,749 ETH worth approximately $18.1 billion at the time of writing. The Ethereum staking rewards paid out have reached 454,958 ETH, equivalent to approximately $914 million, with the current Ethereum staking APR at 3.7%.
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