❗️Over $190M in Long Positions Liquidated in the Last 24 Hours
More than $193 million in longs were wiped out, led by Hyperliquid ($61.1M), Bybit ($43.4M), and Binance ($41.1M). Top assets hit were Bitcoin ($79.7M), Ethereum ($46.1M), and Solana ($12.9M).
👉 coinglass.com/LiquidationData
More than $193 million in longs were wiped out, led by Hyperliquid ($61.1M), Bybit ($43.4M), and Binance ($41.1M). Top assets hit were Bitcoin ($79.7M), Ethereum ($46.1M), and Solana ($12.9M).
👉 coinglass.com/LiquidationData
Aave Falls 18% Over the Week Following Aave DAO Governance Dispute
Selling pressure intensified amid an Aave DAO governance dispute over control of the protocol’s brand, domains, and communication channels. The move to a Snapshot vote accelerated the decline and increased uncertainty for token holders.
Despite Stani Kulechov purchasing $12.6M in AAVE, selling continued. On-chain data shows one large holder sold ~230,000 AAVE (~$35M) on Monday, rotating into ETH derivatives and BTC, triggering a ~10% intraday drop.
👉 coindesk.com/markets/2025/12/23/aave-falls-18-over-week-as-dispute-pulls-down-token-deeper-than-major-crypto-tokens
Selling pressure intensified amid an Aave DAO governance dispute over control of the protocol’s brand, domains, and communication channels. The move to a Snapshot vote accelerated the decline and increased uncertainty for token holders.
Despite Stani Kulechov purchasing $12.6M in AAVE, selling continued. On-chain data shows one large holder sold ~230,000 AAVE (~$35M) on Monday, rotating into ETH derivatives and BTC, triggering a ~10% intraday drop.
👉 coindesk.com/markets/2025/12/23/aave-falls-18-over-week-as-dispute-pulls-down-token-deeper-than-major-crypto-tokens
Kaspersky identified a new infostealer malware - Stealka
Stealka is spreading through fake game mods and pirated software hosted on platforms like GitHub and Google Sites. It targets 100+ browsers and 80+ crypto wallets, including MetaMask, Phantom, and Trust Wallet, stealing credentials, private keys, and seed phrases.
👉 kaspersky.com/blog/windows-stealer-stealka/55058/
Stealka is spreading through fake game mods and pirated software hosted on platforms like GitHub and Google Sites. It targets 100+ browsers and 80+ crypto wallets, including MetaMask, Phantom, and Trust Wallet, stealing credentials, private keys, and seed phrases.
👉 kaspersky.com/blog/windows-stealer-stealka/55058/
Espresso Airdrop Checker x Submission Form Now Live
Users must complete registration and pass KYC via Authena to qualify for the ESP airdrop. The claim portal is expected to open in early 2026, with additional eligibility criteria potentially introduced before claims go live.
Espresso has raised approximately $28M in Series B funding led by a16z Crypto, with backing from Sequoia, Coinbase Ventures, Polychain, and other leading VCs. The project is building a high-performance base layer for rollups.
👉 x.com/espressoFNDN/status/2003183253331804650?s=20
Users must complete registration and pass KYC via Authena to qualify for the ESP airdrop. The claim portal is expected to open in early 2026, with additional eligibility criteria potentially introduced before claims go live.
Espresso has raised approximately $28M in Series B funding led by a16z Crypto, with backing from Sequoia, Coinbase Ventures, Polychain, and other leading VCs. The project is building a high-performance base layer for rollups.
👉 x.com/espressoFNDN/status/2003183253331804650?s=20
Liquid staking protocol Kintsu has launched on Monad
Kintsu has launched Points program, which will define the distribution of its future governance token, KSU. Users can earn points by staking MON, deploying sMON across DeFi and lending markets, through referrals and eligible NFT holdings.
👉 x.com/Kintsu/status/1998097273532883140?s=20
Kintsu has launched Points program, which will define the distribution of its future governance token, KSU. Users can earn points by staking MON, deploying sMON across DeFi and lending markets, through referrals and eligible NFT holdings.
👉 x.com/Kintsu/status/1998097273532883140?s=20
Top Protocols by Open Interest growth in the last 30 days
Open Interest is the total value of open derivative positions that have not yet been closed or settled. It shows how much active capital and leverage is currently deployed in the market.
Open Interest is the total value of open derivative positions that have not yet been closed or settled. It shows how much active capital and leverage is currently deployed in the market.
Superform Postpones UP Token Generation Event
The UP TGE, initially expected around December 23, has been postponed after the Legion sale ended later than planned and the MiCA transition period closes on December 26. A year-end update is expected on December 30.
👉 discord.com/channels/9968521124
The UP TGE, initially expected around December 23, has been postponed after the Legion sale ended later than planned and the MiCA transition period closes on December 26. A year-end update is expected on December 30.
👉 discord.com/channels/9968521124
Self-Custodial Neobank Tria Launches Season 1 Points Program
Users earn XP from spending, upgrades, and referrals, with card-tier multipliers and all past XP applied retroactively. Tria enabled card top-ups from self-custodied Bitcoin for global Visa/Mastercard spending.
Tria raised $12M in Pre-Seed & Strategic funding led by P2 Ventures (Polygon) and Aptos.
👉 x.com/useTria/status/2002030854663463212?s=20
Users earn XP from spending, upgrades, and referrals, with card-tier multipliers and all past XP applied retroactively. Tria enabled card top-ups from self-custodied Bitcoin for global Visa/Mastercard spending.
Tria raised $12M in Pre-Seed & Strategic funding led by P2 Ventures (Polygon) and Aptos.
👉 x.com/useTria/status/2002030854663463212?s=20
Centralized Exchanges exploring IPO in 2026
As crypto matures, the next wave of IPO candidates is shifting from hype to infrastructure. Exchanges with deep liquidity and regulatory footing are positioning themselves for 2026 listings.
As crypto matures, the next wave of IPO candidates is shifting from hype to infrastructure. Exchanges with deep liquidity and regulatory footing are positioning themselves for 2026 listings.
Gnosis Chain completes hard fork to recover funds
Gnosis executed a chain-level hard fork to recover funds related to the Balancer hack in Nov 2024 (involving over $116M). The team stated that the assets are now "out of hacker control," but did not specify the recovery rate.
👉 x.com/gnosischain/status/2003410653185474630?s=20
Gnosis executed a chain-level hard fork to recover funds related to the Balancer hack in Nov 2024 (involving over $116M). The team stated that the assets are now "out of hacker control," but did not specify the recovery rate.
👉 x.com/gnosischain/status/2003410653185474630?s=20
Zama Announces the OG NFT Public Sale Benefits
OG NFT holders get access to the ZAMA community sale at the public auction floor price, with each NFT allowing the purchase of up to 40,000 ZAMA at $0.005 ($55M FDV), representing 2% of total supply across 5,500 NFTs.
Eligible holders will also receive a 5% bonus on filled bids, capped at one OG NFT per wallet.
The ZAMA public auction runs January 12–14, selling up to 10% of supply via a sealed-bid Dutch auction on Ethereum, starting at a $55M FDV floor.
👉 x.com/zama/status/2003431230461591920?s=20
OG NFT holders get access to the ZAMA community sale at the public auction floor price, with each NFT allowing the purchase of up to 40,000 ZAMA at $0.005 ($55M FDV), representing 2% of total supply across 5,500 NFTs.
Eligible holders will also receive a 5% bonus on filled bids, capped at one OG NFT per wallet.
The ZAMA public auction runs January 12–14, selling up to 10% of supply via a sealed-bid Dutch auction on Ethereum, starting at a $55M FDV floor.
👉 x.com/zama/status/2003431230461591920?s=20
Former FTX US president raises $35M for TradFi perp exchange
The platform aims to bring crypto-style perpetuals to equities, FX, and commodities, targeting institutional traders seeking on-chain–like efficiency in TradFi markets.
👉 x.com/Architect_Fi/status/2003484124628254805?s=20
The platform aims to bring crypto-style perpetuals to equities, FX, and commodities, targeting institutional traders seeking on-chain–like efficiency in TradFi markets.
👉 x.com/Architect_Fi/status/2003484124628254805?s=20
Phantom Introduces In-App Prediction Markets, Powered by Kalshi
Phantom Prediction Markets is live, letting users browse hundreds of crypto and non-crypto markets directly in the Phantom app using any Solana token, including CASH.
Phantom also rolled out chat features across token, perps, and prediction market pages, enabling users to track community sentiment and discover additional insights.
👉 x.com/phantom/status/2003172024013971878?s=20
Phantom Prediction Markets is live, letting users browse hundreds of crypto and non-crypto markets directly in the Phantom app using any Solana token, including CASH.
Phantom also rolled out chat features across token, perps, and prediction market pages, enabling users to track community sentiment and discover additional insights.
👉 x.com/phantom/status/2003172024013971878?s=20
Kalshi Spotlight. Recent News and Platform Updates
Kalshi continues to grow as a leading regulated prediction market, rolling out new features and forming partnerships and integrations with Coinbase, Robinhood, BNB Chain, Base, Phantom, and TRON. The platform has reached over $23B in total trading volume, with an average daily volume of $14M.
Discover the latest Kalshi developments, collaborations, platform updates, trending markets, and key stats in our fresh Spotlight.
Kalshi continues to grow as a leading regulated prediction market, rolling out new features and forming partnerships and integrations with Coinbase, Robinhood, BNB Chain, Base, Phantom, and TRON. The platform has reached over $23B in total trading volume, with an average daily volume of $14M.
Discover the latest Kalshi developments, collaborations, platform updates, trending markets, and key stats in our fresh Spotlight.
SEC charges $14 million crypto investment scam
The SEC charged three crypto platforms and four investment clubs for allegedly running a social media–driven investment scam that defrauded retail investors of over $14 million.
👉 theblock.co/post/383702/us-sec-charges-14-million-crypto-scam
The SEC charged three crypto platforms and four investment clubs for allegedly running a social media–driven investment scam that defrauded retail investors of over $14 million.
👉 theblock.co/post/383702/us-sec-charges-14-million-crypto-scam
Top 15 DeFi Protocols by F/P (Fees-to-Price) Ratio
Silo is currently the most efficient protocol in this class, generating nearly $12 in annual fees for every $1 of market cap. This is nearly double the yield of the next closest competitors, Quickswap and mETH Protocol, which both generate roughly $6-7 per $1 of mcap.
Silo is currently the most efficient protocol in this class, generating nearly $12 in annual fees for every $1 of market cap. This is nearly double the yield of the next closest competitors, Quickswap and mETH Protocol, which both generate roughly $6-7 per $1 of mcap.
Metaplanet stopped BTC acquisition for the last 3 months
Metaplanet paused Bitcoin buys while restructuring its balance sheet and unlocking liquidity. With shareholder backing and new financing in place, it’s now positioned to resume Bitcoin accumulation when conditions align.
👉 cryptoslate.com/metaplanets-financial-gymnastics-paves-way-for-potential-bitcoin-buy/
Metaplanet paused Bitcoin buys while restructuring its balance sheet and unlocking liquidity. With shareholder backing and new financing in place, it’s now positioned to resume Bitcoin accumulation when conditions align.
👉 cryptoslate.com/metaplanets-financial-gymnastics-paves-way-for-potential-bitcoin-buy/
Philippines Blocks Coinbase & Gemini in Crypto Licensing Crackdown
Philippine Internet service providers (ISPs) have begun blocking major crypto exchanges as regulators tighten enforcement of local licensing rules. Access to Coinbase & Gemini was restricted following an order from the telecom regulator, marking a shift from tolerance to active enforcement.
After Binance was previously banned, other unlicensed platforms like OKX, Bybit, and KuCoin are now under scrutiny.
👉 cointelegraph.com/news/philippines-blocks-coinbase-gemini-unlicensed-vasps
Philippine Internet service providers (ISPs) have begun blocking major crypto exchanges as regulators tighten enforcement of local licensing rules. Access to Coinbase & Gemini was restricted following an order from the telecom regulator, marking a shift from tolerance to active enforcement.
After Binance was previously banned, other unlicensed platforms like OKX, Bybit, and KuCoin are now under scrutiny.
👉 cointelegraph.com/news/philippines-blocks-coinbase-gemini-unlicensed-vasps
Brevis Unveils BREV Tokenomics Next to Coinbase Listing Roadmap
The 1,000,000,000 BREV supply is allocated to Ecosystem Development (37%), Community Incentives (32.2%), Team (20%), and Seed Investors (10.8%).
BREV is utility and governance token, used to pay for ProverNet services via dynamic auctions and to secure the network through staking and delegation with performance-based slashing.
Brevis is a ZK infrastructure enabling verifiable cross-chain computation, backed by Polychain Capital and Binance Labs, with $7.5M raised in seed funding.
👉 x.com/brevis_zk/status/2003782726437286258?s=20
The 1,000,000,000 BREV supply is allocated to Ecosystem Development (37%), Community Incentives (32.2%), Team (20%), and Seed Investors (10.8%).
BREV is utility and governance token, used to pay for ProverNet services via dynamic auctions and to secure the network through staking and delegation with performance-based slashing.
Brevis is a ZK infrastructure enabling verifiable cross-chain computation, backed by Polychain Capital and Binance Labs, with $7.5M raised in seed funding.
👉 x.com/brevis_zk/status/2003782726437286258?s=20
Nvidia buying AI chip Groq’s assets for about $20 billion
The deal will transfer Groq’s AI chip assets to Nvidia. The purchase expands Nvidia’s access to custom AI silicon and inference IP. It comes amid accelerating demand for AI compute infrastructure.
👉 cnbc.com/2025/12/24/nvidia-buying-ai-chip-startup-groq-for-about-20-billion-biggest-deal.html
The deal will transfer Groq’s AI chip assets to Nvidia. The purchase expands Nvidia’s access to custom AI silicon and inference IP. It comes amid accelerating demand for AI compute infrastructure.
👉 cnbc.com/2025/12/24/nvidia-buying-ai-chip-startup-groq-for-about-20-billion-biggest-deal.html
HashKey Capital raised $250M for its fourth crypto fund
The firm is targeting a total fund size of $500 million to invest in blockchain and Web3 projects. The initial close signals continued institutional interest in crypto venture opportunities despite broader market volatility.
👉 coindesk.com/business/2025/12/24/hashkey-capital-s-usd500-million-target-blockchain-fund-raises-usd250-million-in-first-round
The firm is targeting a total fund size of $500 million to invest in blockchain and Web3 projects. The initial close signals continued institutional interest in crypto venture opportunities despite broader market volatility.
👉 coindesk.com/business/2025/12/24/hashkey-capital-s-usd500-million-target-blockchain-fund-raises-usd250-million-in-first-round