On-chain data analyst @ai_9684xtpa monitored that suspected VIRTUAL project parties/early participants transferred 7 million tokens to Bybit in the past 17 hours, worth $17.09 million. In the past two months, the address has cumulatively recharged 11.97 million tokens to the exchange, worth up to $25.74 million. It is reported that the address received 54.85 million VIRTUAL airdrops from the Ethereum mainnet on December 23, 2023 (accounting for 5.49% of the total tokens), and then transferred the tokens across chains to the Base network in April 2024, and then transferred 10 million of them to the current address through multiple transfers. At present, the original address still holds VIRTUAL worth $100 million.

Spot On Chain monitoring shows that in the past 29 hours, a whale spent 1,458 WSTETH ($6.7 million) to buy 189.55 million BEAM at an average price of $0.03515. Overall, since December 1, the whale has spent $35.7 million in ETH to buy 4 tokens, including: 10.245 million FTM (cost: $13.5 million), now losing $181,000; 531.7 billion PEPE (cost: $11.04 million), now making a profit of $1.94 million; 189.55 million BEAM (cost: $6.7 million), now making a profit of $91,400; 2.453 million AERO (cost: $4.43 million), now making a profit of $699,000.

According to PANews, South Korean media reports indicate that the Commissioner General of the Korean National Police Agency, Jo Ji-ho, and the Commissioner of the Seoul Metropolitan Police Agency, Kim Bong-sik, were formally detained on the evening of December 13. The Seoul Central District Court issued the detention orders, citing concerns over the potential destruction of evidence by the two officials. The decision to detain these high-ranking police officials underscores the seriousness of the allegations against them. The court's move reflects a precautionary measure to ensure that the integrity of the investigation is maintained. This development has drawn significant attention in South Korea, as it involves top figures in the country's law enforcement hierarchy. The case is expected to have wide-ranging implications, potentially affecting public trust in the police force. The authorities are likely to conduct a thorough investigation to determine the extent of any wrongdoing and to uphold the principles of justice and accountability. The situation remains under close scrutiny as further details emerge.

The addition will reportedly double the Nasdaq 100’s exposure to Bitcoin and expose MSTR to billions of dollars in passive investments.

Suchir Balaji, a former OpenAI employee, was found dead in his San Francisco apartment at the age of 26. According to the San Francisco Coroner's Office, Balaji's cause of death was determined to be suicide. His body was found on November 26, and the police rushed to the scene after receiving a request for a health check. The initial investigation showed that nothing suspicious was found. Balaji worked at OpenAI for nearly four years and participated in the development of ChatGPT. In an interview with the New York Times, he expressed his concerns about OpenAI's copyright law. He believes that OpenAI's technology may cause more harm to society, and its way of handling copyrighted data may have a negative impact on the Internet. He said on Twitter: "I didn't know much about copyright and fair use issues at first, but after seeing multiple lawsuits against generative AI companies, I began to pay attention to this issue and eventually concluded that many generative AI products seem to be quite unrealistic in the defense of fair use." (Decrypt)

On-chain analyst @ai_9684xtpa pointed out that a whale who had built a position of 19,992 ETH at an average price of $2,550 since January 2024 deposited 2,700 ETH into Binance (about $10.56 million) three hours ago. If sold, it would make a profit of $3.67 million. Currently, the whale still holds 13,162 ETH.

The latest proposal of the DeSci project BIO Protocol shows that the proposal aims to implement the following measures within 7 days after its adoption to make BIO circulate: remove the transfer restrictions on the BIO token contract to make it transferable; allocate 6% of the BIO supply to provide liquidity for the DEX and CEX markets, and give the BIO Association the power to actively manage liquidity according to market demand; provide initial liquidity on the Ethereum mainnet through the ETH/BIO liquidity pool. It is reported that the decentralized biotechnology protocol BIO Protocol previously raised $6.22 million in the first round of community financing, $11.14 million in the second round of community financing, and $2.9 million in the 2.5 round of community financing. Binance Labs also announced its investment in BIO Protocol in early November this year, but the specific amount was not disclosed. Meme coins RIF and URO in its ecosystem have become market hotspots for a period of time.

On-chain data analyst @ai_9684xtpa monitored that the address of Trump's crypto project World Liberty has added $665,000 worth of AAVE in the past 11 hours. The current holdings of this address are as follows. LINK: 78,000 pieces, cost $25.54, floating profit $299,000; AAVE: 58.86 million pieces, cost $324, floating profit $338,000.

Official data shows that in the seven days ending December 12, Circle issued about 3.9 billion USDC, redeemed about 2.7 billion USDC, and the circulation increased by about 1.2 billion. The total circulation of USDC is 41.4 billion, and the reserve is about 41.6 billion US dollars, of which about 5.8 billion is in cash and the Circle Reserve Fund holds about 35.8 billion US dollars.

According to PANews, official data reveals that Circle has issued approximately 3.9 billion USDC and redeemed around 2.7 billion USDC over the past week, ending December 12. This activity has resulted in an increase of about 1.2 billion USDC in circulation. The total circulation of USDC now stands at 41.4 billion. Circle's reserves are reported to be approximately $41.6 billion, with $5.8 billion held in cash. The Circle Reserve Fund holds about $35.8 billion. This data highlights the significant growth in USDC's circulation and the robust reserve backing it.

Gate.io has opened pre-market OTC trading for DoctorX (DRX) and Metal Bros (METALBROS). Among them, the trading end time of DoctorX (DRX) is 08:00 (UTC+8) on December 17, and the delivery time is 22:00 (UTC+8) on December 17; the trading end time of Metal Bros (METALBROS) is to be determined. DoctorX is a tap-to-earn project based on the MultiversX blockchain, integrating meme elements, providing players who love adventure and community interaction with the opportunity to accumulate $DRX through challenges. The total issuance of the project is 203,118,765,429 pieces. Metal Bros is a strategy development game on Ton.

Michael Saylor's "debt/equity, Bitcoin, stock price" game is a double Ponzi structure, which has become the biggest time bomb in the current cryptocurrency field.

Gain in-depth insights into the Filecoin Foundation’s vision and strategic priorities. Looking ahead to 2025, the Filecoin Foundation’s primary goal is to mobilize the Filecoin community, make Filecoin run seamlessly, and achieve product-market fit.

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The 2024 FIDE World Championship in Singapore has come to an end, with 18-year-old teenager, Gukesh Dommaraju of India emerging victorious after a gruling 14-match battle with the defending World Champion, Ding Liren from China.

As preliminary data comes out, expectations for the last Federal Reserve interest rate meeting in December 2024, 2024, are beginning to become clear.

Earlier this week, Ethena’s USDe surpassed DAI to become the world’s third-largest stablecoin.