RECENTLY: Hyperliquid Labs has denied allegations of North Korean hacking, assuring users that all funds are secure despite a significant drop in its token value.
RECENTLY: Binance has announced the launch of the Bio Protocol (BIO) project to support Decentralized Science, allowing users to farm BIO tokens by staking BNB and FDUSD from December 24, 2024, to January 3, 2025.
ANALYSIS::In 2024, cryptocurrency hacks resulted in $2.3 billion in losses, a 40% year-over-year increase driven by vulnerabilities in centralized exchanges and custodians, though still 37% below the 2022 record of $3.78 billion.
RECENTLY: UAE-based AlloXyz has secured $100 million in debt financing to expand its Bitcoin-backed lending platform, which has tokenized over $2.2 billion in real-world assets and joined Binance Labs' accelerator program.
JUST IN: Robert Kiyosaki criticized disheartened Bitcoin investors, calling them "cry babies" and urging them to view the price drop as a buying opportunity rather than a reason for concern.
STUDY: The Bank of Italy's November 2024 report warns that certain Bitcoin P2P platforms facilitate money laundering and are labeled as “crime-as-a-service.”
JUST IN: Russia will implement regional bans and seasonal limits on crypto mining starting in 2025, prohibiting mining in ten regions and imposing restrictions in others until 2031 to address energy concerns.
ANALYSIS: PancakeSwap reported a record $310 billion in trading volume for 2024, marking a 179% year-over-year increase driven by DeFi growth and layer-2 adoption.
JUST IN: The US has regained its dominance in the crypto market ahead of 2025, driven by Trump’s reelection and rising demand for digital asset funds and ETFs, according to Bloomberg.
JUST IN: Binance announced it will support the Fantom (FTM) token swap and rebranding to Sonic (S), delisting FTM pairs on January 13, 2025, and launching Sonic trading pairs on January 16, 2025.
RECENTLY: A senior member of South Africa's opposition party advocates for the country to invest in Bitcoin, claiming it could eliminate national debt within two years and support industrialization.
ANALYSIS: Pitchbook predicts VC investments in cryptocurrency will double to over $18 billion by 2025, driven by the return of generalist VCs and major financial institutions boosting investor confidence.
ANALYSIS: Hacken's report reveals a 40% drop in theft-related losses in DeFi for 2024, while CeFi faces over $694 million in breaches, highlighting security improvements in DeFi and ongoing vulnerabilities in CeFi.
JUST IN: Bedrock has launched brBTC and uniBTC on Kernel, focusing on improving yield generation through advanced restaking strategies in Bitcoin DeFi.
STUDY: A Blockchain Gaming Alliance report reveals that women in Web3 gaming are more optimistic about blockchain adoption than men, with 38.9% expecting significant growth within the next year.
ANALYSIS: Aave and Lido have each exceeded $70 billion in net deposits for the first time, leading in total value locked and revenue generation in the DeFi space.
RECENTLY: The FBI and federal agencies have linked the North Korean hacker group "TraderTraitor" to the $308 million theft of Bitcoin from the DMM crypto exchange in May 2024.
