According to the statistics of the security agency SlowMist, among the top 10 runaway events in 2024, ZKasino, IBXtrade, and Essence Finance ranked in the top 3 with the amounts involved of US$33 million, US$21.8 million, and US$20 million respectively. It is worth mentioning that Yu Xian said: "Most of the top 10 runaway events in 2024 (it is uncertain whether there will be a subsequent return) should not be Chinese projects, and there is no need to completely deny Chinese projects."

Regarding Solana co-founder Anatoly’s claim that “there are only 6 important (underlying) smart contracts”, Base protocol leader Jesse Pollak said: “In my opinion, one of the biggest philosophical differences between Solana+SVM and Ethereum+EVM is our view on what can and will be built on the chain using smart contracts. In the Solana space, the current view is that ‘only about 6 contracts are worth writing’. Therefore, these contracts are fixed and reused, with less attention paid to contract verification, open source, expansion and expansion. Our mission is to build a decentralized Nasdaq, focusing on the function of the capital market. In the EVM space, the current mindset is that we have only touched the surface of the world computer, and there are about unlimited contracts to be built. This results in everything being open source, verified, and built to be scalable, forked and expanded. Our mission is to build a global economy that includes every component of the economy (including two capital markets, etc.). It will be interesting to watch how these philosophies evolve in the next few years. There are a lot of opportunities for both.” Earlier today, in response to the views of Ethereum community members that “L2 is the most sustainable block sale business”, Solana co-founder Anatoly Yakovenko commented: "It seems logical, but it is also wrong. Multiple L2s are meaningless. If a single L2 can handle parallel execution, then it can use up all the blobspace and run every use case. More importantly, there are no infinitely useful smart contracts, let alone execution environments. There are only 6 (or so) important (underlying) smart contracts. Developer optionality is unlimited, which is not necessary at all. In fact, any developer optionality that increases business risk is negative, such as the erc20 interface. Every additional sorter, L2 multi-signature, governance system, VM customization, etc., increases business risk?" Then, he added a reply in the comment area: "Of all chains, what people use and do today are tokens, NFTs, and amms. Then it may be joint curves/lending/oracles/clobs/perps. I haven't seen this change become a decisive driver of pmf."

According to PANews, SlowMist founder Yu Jian has announced that the official X account of Solv Protocol has been compromised. Users are advised to avoid clicking on any suspicious links.

According to SlowMist Cosine monitoring, Solv Protocol's official X account was stolen and published false information. Please stay vigilant and beware of risks.

According to Odaily, Solana co-founder Anatoly Yakovenko has expressed his disagreement with the Ethereum community's perspective that Layer 2 (L2) solutions are the most sustainable approach for blockchain scalability. Yakovenko argued that while the logic might seem sound, it is fundamentally flawed. He stated that having multiple L2 solutions is unnecessary, as a single L2 capable of parallel execution could utilize all available blobspace and handle every use case. Yakovenko emphasized that there are not unlimited useful smart contracts or execution environments. He noted that there are only about six significant underlying smart contracts. He also pointed out that the optionality for developers is infinite, which he believes is unnecessary. In fact, he argued that any developer optionality that increases business risk is negative, citing the ERC20 interface as an example. He questioned whether additional components like extra sequencers, L2 multisigs, governance systems, and VM customizations add to business risk. In a follow-up comment, Yakovenko added that across all blockchains, the primary activities people engage in today involve tokens, NFTs, and automated market makers (AMMs). He mentioned that other activities might include bonding curves, lending, oracles, central limit order books (CLOBs), and perpetuals. However, he has not observed these activities becoming decisive drivers for product-market fit.

In response to the view raised by Ethereum community members that "L2 is the most sustainable block sale business", Solana co-founder Anatoly Yakovenko commented: "It seems logical, but it is also wrong. Multiple L2s are meaningless. If a single L2 can handle parallel execution, then it can use up all blobspace and run every use case. More importantly, there are no infinitely useful smart contracts, let alone execution environments. There are only 6 (or so) important (underlying) smart contracts. Developers' optionality is unlimited, which is not necessary at all. In fact, any developer optionality that increases business risk is negative, such as the erc20 interface. Every additional sorter, L2 multi-signature, governance system, VM customization, etc., increases business risk?" Then, he added a reply in the comment area: "Among all chains, what people use and do today are tokens, NFTs, and amms. Then it may be joint curves/lending/oracles/clobs/perps. I haven't seen this change become a decisive driver of pmf."

VanEck researcher is optimistic of a spot SOL ETF listing in 2025, Terraform Labs co-founder Do Kwon pleads not guilty: Hodler’s Digest source: https://cointelegraph.com/magazine/ether-price-solana-etf-odds-memecoins-ai-agents-hodlers-digest/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Former U.S. prosecutor and cryptocurrency advocate John Deaton has proposed that the incoming Trump administration lead an investigation into Operation Chokepoint 2.0, an unconfirmed plan that allegedly seeks to cut cryptocurrency companies out of the traditional banking system. “If these actions go unchallenged, they create a dangerous precedent where regulators can quietly suppress entire industries they don’t like, stifling innovation, competition, and economic opportunity,” Deaton said in a Jan. 4 X post addressed to incoming U.S. President Donald Trump, Vice President JD Vance, as well as Government Efficiency leaders Elon Musk and Vivek Ramaswamy, Commerce Secretary Howard Lutnik, and AI and cryptocurrency “czar” David Sacks. “This is not just a fight for the cryptocurrency industry, it’s a fight against the erosion of institutional integrity and the unchecked power of unelected bureaucrats,” he added. Martin Gruenberg, the alleged “designer” of Operation Chokepoint 2.0, resigned as FDIC chairman last November.

A closely followed crypto analyst says that smart contract platform Cardano (ADA) could see massive gains in the coming weeks. In a new strategy session, crypto trader Ali Martinez tells his 107,500 followers on the social media platform X that if the Ethereum (ETH) rival continues following the same pattern it did last cycle, it […] The post ‘A Big Move Is Near’: Crypto Trader Says Ethereum... source: https://dailyhodl.com/2025/01/04/a-big-move-is-near-crypto-trader-says-ethereum-competitor-could-skyrocket-by-266-within-a-few-weeks/

Paul Grewal, chief legal officer of Coinbase, said in a post on X: "We have finally received the unabridged version of the OCP 2.0 letter from the FDIC (Federal Deposit Insurance Corporation). This is a court order, but you can read them below now. This shows a coordinated move to stop a variety of crypto activities, from basic BTC transactions to more complex products. Note that the FDIC had previously stated that it had complied with earlier court orders, but in this search, two other suspension letters were magically found. Every time we act, we always find new problems, and it is difficult to believe their sincerity. The new Congress should immediately launch hearings on all these issues." Ripple Chief Legal Officer Stuart Alderoty said: "Well done. As a former bank GC, these letters convey a message: shut down everything related to cryptocurrency as soon as possible-not just the products and services mentioned. Writing directly to the board of directors is a rare and prudent approach. These letters are designed to give banks a shock."

Stablecoins have the potential to challenge the market dominance of Visa and Mastercard, especially as merchants and consumers alike are eager to reduce payment fees.

Don't stress too much, the launch is only 10%-20% of your long-term success, don't make it complicated.

Despite the overall market decline, AI infrastructure and agents are reaching all-time highs, attracting liquidity and attention, and many opportunities are expected to continue in the future.

An article published on the financial media Forbes website stated: Stablecoin has become one of the most successful asset use cases in the crypto field, relying on blockchains such as Ethereum, Solana and Tron to significantly promote cross-chain transactions.

Bitcoin has opened up a decentralized, 24/7, borderless and trusted digital world. But who are the natives of this digital world? It wasn’t until 2024 that Agents appeared in the Crypto world, and the answer began to become clear.

On the 16th anniversary of Bitcoin’s birth, the BTC hash rate (the total computing power of the Bitcoin network) reached an all-time high of 1,000 EH/s, which is almost twice the network hash rate 12 months ago.

The concept of virtual currency was proposed in the first decade of this century. With the enthusiasm of many "gold diggers", its value has been greatly inflated several times. Some issuers and investors of virtual currency have also made a lot of money.

On December 27, 2024, the People's Bank of China released the "China Financial Stability Report (2024)" (hereinafter referred to as the "Report"). The report elaborates on the field of crypto assets in many places, focusing on the regulation of crypto assets.

The issuance of RWA represents an important direction of financial innovation, bringing new financing and asset management opportunities to Chinese companies. However, under China's current strict regulatory environment, compliance is the lifeline for companies to carry out RWA business.

On December 30, 2024, the EU's "Market Regulation on Crypto-Assets" (hereinafter referred to as the "MiCA Act") officially came into effect, marking a new era in Europe's crypto-asset compliance framework.