According to the official announcement, Bybit Launchpool will officially launch XION spot trading on December 4, and staking will be open from tomorrow. During the event, staking XION, MNT or USDT on Bybit will have the opportunity to share 1,000,000 XION. Event schedule: XION recharge starts: December 4, 2024 10:00 UTC XION online trading: December 5, 2024 10:00 UTC XION withdrawal starts: December 6, 2024 10:00 UTC Recharge and withdrawal will be achieved through the XION network. It is reported that the XION project creates the first L1 blockchain ecosystem without a wallet, focusing on the concept of chain abstraction, aiming to achieve a better and smoother user experience and attract more users and developers to participate.

South Korea's political crisis, sparked by President Yoon Suk Yeol's martial law declaration and impeachment calls, is disrupting key tech initiatives, including the AI Basic Act and national AI strategy. This uncertainty threatens the country’s ability to lead in AI, attract global investment, and advance crucial technological reforms.

Market news: South Korean people began to protest against the president. (Jinshi)

According to Foresight News, data from L2BEAT indicates that Arbitrum One has surpassed a total value locked (TVL) of $20 billion, marking it as the first Layer 2 network to reach this significant milestone. The network's TVL experienced a 15.6% increase over the past 24 hours. In comparison, Base's TVL stands at $12.4 billion, reflecting a 14.5% growth within the same period. Meanwhile, OP Mainnet has a TVL of $8.66 billion, with a 16.5% increase in the last 24 hours. Blast's TVL is reported at $1.57 billion, showing a 5.82% rise, while ZKSync Era's TVL is at $1.3 billion, having grown by 26.1%. Starknet's TVL is recorded at $1.13 billion, with a 22.2% increase over the past day. These developments highlight the dynamic growth and competitive landscape among Layer 2 networks, as they continue to expand their capabilities and attract more value within the decentralized finance ecosystem.

According to Odaily, Virgin Voyages has announced the introduction of a new 'Annual Pass' program starting in 2025, marking a significant step as it becomes the first cruise line to accept cryptocurrency payments. The company revealed in a recent blog post that it will accept Bitcoin as a payment method for this new service. The standard prepaid cost for each cruise is set at $120,000, excluding taxes and fees. However, there is currently no indication of whether Virgin Voyages plans to expand its cryptocurrency payment options in the future. The Annual Pass will offer unlimited cruise travel within a year on a first-come, first-served basis. This initiative was developed following the success of the company's 'Season Pass' program, which primarily targeted remote workers. The introduction of cryptocurrency payments aligns with Virgin Voyages' innovative approach to catering to modern travelers, particularly those engaged in remote work who may benefit from flexible travel options. This move could potentially set a precedent in the cruise industry, encouraging other companies to explore similar payment methods.

According to Odaily, President-elect Donald Trump has pledged to transform the United States into a global hub for cryptocurrency, even expressing support for the idea of establishing a strategic national Bitcoin reserve. However, industry experts are questioning the feasibility of this latter goal. TD Cowen analyst Jaret Seiberg highlighted in a report that the concept of a Bitcoin reserve conflicts with Trump's firm stance on maintaining the U.S. dollar as the world's key currency. Seiberg noted, "Trump is likely to continue promoting the idea of a Bitcoin reserve on social media or mention it in speeches, but this is not the same as committing the significant political capital required to achieve this goal." The discussion around a national Bitcoin reserve raises questions about the potential impact on the U.S. economy and its currency's global standing. While the idea of embracing cryptocurrency aligns with the growing digital economy, the practical implementation of such a reserve remains uncertain. Industry observers are keenly watching how these proposals will unfold and what implications they might have for both the cryptocurrency market and traditional financial systems.

Donald Trump has picked Paul Atkins to succeed Gary Gensler as Chairman of the SEC. If he accepts, he will usher in a pro-crypto term. The post Who is Paul Atkins, Donald Trump’s pick for SEC chairman? appeared first on Protos. source: https://protos.com/who-is-paul-atkins-donald-trumps-pick-for-sec-chairman/

According to Odaily, a list of wallet addresses related to the recent DEXX hack has been released by SlowMist's Cosine on platform X. The list includes addresses from both the Solana and EVM (ETH/BAC/BASE) chains. Specifically, there are 8,848 victim addresses on the Solana chain and 7,205 on the EVM chain. The announcement highlights that this list is not the final version, as the team requires additional time to address potential false positives and omissions. The ongoing investigation aims to ensure accuracy in identifying the affected parties and the attackers involved in the incident. The release of this information is part of the broader effort to understand the scope of the breach and mitigate its impact on the affected users.

South Korea’s political landscape took an unprecedented turn on Tuesday as President Yoon Suk Yeol declared martial law. The South Korean Won (KRW) briefly weakened against the dollar, while Bitcoin (BTC) and Ripple (XRP) values plummeted on Upbit.  Hours after Yoon’s unexpected decision, which saw public protests and army involvement, his cabinet reversed the order […] source: https://www.cryptopolitan.com/south-korean-won-is-up-xrp-btc-equities-tank/

The South Korean President’s decision to overtake the nation by martial rule is facing unrelenting backlash, with calls for impeachment. source: https://www.theblock.co/post/329424/crypto-volatility-ahead-south-korea-impeach-president?utm_source=rss&utm_medium=rss

According to Odaily, Amazon Web Services (AWS) has announced the "Ultracluster" initiative, a large-scale AI supercomputer powered by hundreds of thousands of internal Trainium chips, set to become operational in 2025. This announcement was made at the annual AWS re:Invent conference, where AWS also introduced Project Rainier, touted as the world's largest AI computing cluster. This project will be utilized by Anthropic, an AI startup in which Amazon recently invested $4 billion. The Trainium chips, integral to this initiative, are designed by Annapurna Labs, an Amazon subsidiary based in Texas. Acquired in 2015, Annapurna Labs has been pivotal in advancing Amazon's AI chip development, aiming to reduce reliance on Nvidia. During the event, AWS also launched a new Ultraserver featuring 64 interconnected Trainium chips. Additionally, AWS revealed that Apple has become one of its latest chip clients. Benoit Dupin, Apple's Senior Director of Machine Learning and Artificial Intelligence, noted that they are testing the Trainium2 chips, which are expected to offer approximately 50% cost savings.

CZ’s recent Toy Story meme has sparked speculation about Binance’s future, with many linking it to potential BNB institutional adoption or a BNB-based ETF. Meanwhile, BNB’s price surged to a new all-time high of $776.80, reflecting its growing market influence as altcoins, including BNB, gain momentum.

On the evening of December 3, the Korean crypto market completed a one-month bull market in 15 minutes. Did you buy the bottom?

DeFi, Liquidity, The way out of DeFi’s internal conflict: liquidity sharing Golden Finance, What will happen to the DeFi world when there is no liquidity war?

This article will analyze the potential and current limitations of the combination of Web3 and AI from multiple perspectives, including productivity development, coordination of production relations, model training costs, incentive mechanisms, and explore how AI Agents can move towards a broader AI economy.

Stanislav Moiseev, founder of the Hydra darknet market, and 15 accomplices have been sentenced to prison for operating the illicit platform and crypto mixer. Hydra facilitated over $5 billion in cryptocurrency transactions before its closure.

Google has launched Veo, a model for generating realistic videos from text or image prompts, now available on Vertex AI for developers. Alongside, Imagen 3 offers advanced text-to-image features, enabling businesses to create custom assets and visuals for marketing and creative projects.

The Solana ecosystem is driving the deep integration of AI and crypto technologies, especially in areas such as AI agents, Solana developer tools, and decentralized AI technology stacks, demonstrating huge potential for innovation.

Crypto prices plummeted briefly after President Yoon Suk-yeol’s martial law declaration, but has been quickly overturned by unanimous legislative opposition. Could this mark the downfall of his leadership?

The Ordinals protocol has triggered a wave of BTC on-chain asset issuance, BTC layer2 network expansion, and other extensions and developments around the BTC ecosystem, all of which have confirmed that the choice made by Stacks that year was extremely strategic.