Daily | Upbit will list VANA; Bitcoin founder Satoshi Nakamoto became the 16th richest man in the world due to the rise in Bitcoin prices; Han Dong-hoon, leader of South Korea's ruling party, announced his resignation
Reprinted from chaincatcher
12/16/2024·6MOrganized by: Luan Peng, ChainCatcher
Important information:
- The Korea Digital Asset Protection Foundation officially started operations and has taken over the assets of 40,000 users of closed exchanges
- Bitcoin founder Satoshi Nakamoto becomes the 16th richest person in the world due to rising Bitcoin prices
- Data: El Salvador’s current Bitcoin holdings are 5,965.76 coins
- The owner of Internet celebrity squirrel Peanut issued a cease-and-desist letter to Binance, requesting Binance to stop using PNUT-related IP
- Han Dong-hoon, leader of South Korea's ruling party, announced his resignation
- The Hainan court concluded a case of using cryptocurrency to trade personal information, and the main culprit was sentenced for illegally selling 82 million pieces of information.
- Data: About 5 billion DOGE were transferred from Binance, worth US$2.029 billion
- Upbit will be listed on VANA
"What important events happened in the past 24 hours?"
According to SBS Biz, the Korean Digital Asset Protection Foundation has officially begun operations and is responsible for receiving, keeping and managing user deposits and virtual assets held by virtual asset companies that have ceased operations, and returning them to users. Customer deposits held by some trading companies in the virtual currency market will also be transferred to the protection foundation.
The Protection Foundation said today that it has transferred the assets of approximately 40,000 users from five defunct virtual asset exchanges: Apro Korea, Ten and Ten, Hanbitco, Qbit, Pay Protocol and AG to the foundation.
Since the establishment of the Protection Foundation on September 26, the Foundation has held individual talks with companies that have ceased operations, verified the status of assets to be transferred, ensured the actual possession certification of user assets in custody, and conducted asset reviews and test transfers, etc. Necessary procedures to ensure the safe transfer and management of user assets.
The Protection Foundation plans to complete negotiations on the transfer of user assets with up to eight out-of-business companies before the end of this year, and five companies will be the first batch of assets to be transferred.
According to Bitcoin Magazine editor The Bitcoin Historian, Bitcoin founder Satoshi Nakamoto has become the 16th richest person in the world, surpassing Michael Bloomberg as the price of Bitcoin reached US$106,000 and his personal wealth was estimated to reach US$106 billion.
Data: El Salvador’s current Bitcoin holdings are 5,965.76 coins
Mempool data shows that El Salvador currently holds 5,965.76 BTC, which is approximately US$615 million.
Mark Longo (@Squirrel_Dad12), the owner of Internet celebrity Peanut, posted that he has sent a cease and desist letter to Binance through his law firm. The lawyer’s letter pointed out that Binance used a number of intellectual property rights including the PNUT trademark and the image of a squirrel wearing a cowboy hat without authorization.
According to the lawyer's letter, Longo has been using PNUT-related trademarks in the United States since April 2017, mainly for educational and public welfare projects such as animal protection, wildlife and nature conservation. If the infringement is proven to be willful, the amount of compensation may be up to $150,000 per infringement. The lawyer asked Binance to respond and stop all infringements before December 31.
Han Dong-hoon, leader of South Korea's ruling party, announced his resignation
According to Kim Ten, the leader of South Korea’s ruling party, Han Dong-hoon, announced his resignation.
A spokesman for South Korea's Ministry of National Defense said about 1,500 troops were deployed during the martial law period on December 3.
According to The Paper, the People’s Court of Wenchang City in Hainan recently concluded a case involving the use of cryptocurrency to trade personal information. Court investigation showed that the defendant Han purchased more than 82.24 million pieces of personal information on QQ for 500 yuan in 2021, including 7.27 million hand-held ID card photos, 30.69 million car owner information and 1.07 million bank user information.
In March 2023, Han sold externally through QQ, WeChat, Telegram and other platforms, and cooperated with the courier Wu to obtain express transaction information, priced the transaction in USDT at 1.5 yuan per item, and made a profit of 770 through the exchange of virtual asset trading platforms. Yuan. The court sentenced Han to one year and eight months in prison and a fine of 3,000 yuan for the crime of infringing on citizens' personal information. Wu, the co-defendant, was sentenced to eight months in prison, suspended for one year and four months, and fined 2,000 yuan.
Data: About 5 billion DOGE were transferred from Binance, worth US$2.029 billion
According to Whale Alert monitoring, at 14:26 Beijing time, 4,999,999,999 DOGE (approximately US$2.029 billion) were transferred from Binance to an unknown wallet.
According to the official announcement, Upbit announced that it will soon support the trading of the new digital asset VANA. The specific trading opening time will be notified through an announcement one hour in advance after sufficient liquidity. VANA will support the KRW, BTC and USDT markets, and its deposit function is expected to be launched at 19:00 on December 16, and will be conducted through the Vana network.
Balaji Srinivasan: The prestige of AI and encryption may converge
Former Coinbase Chief Technology Officer Balaji Srinivasan tweeted that AI originated from academic research and large technology companies, so it has a higher reputation; while encryption technology originated from anonymous forums and Internet communities, and initially had a lower reputation.
However, as AI makes everything easier to counterfeit, while encryption technology makes counterfeiting difficult, the reputations of the two may gradually converge. He believes that although AI is widely recognized as an important technology with civilizational significance, the value of encryption technology is underestimated, and the two will gradually approach each other in terms of reputation in the future.
Peter Schiff: Investors buy Bitcoin to get rich, but buy gold to preserve wealth
Economist and gold advocate Peter Schiff posted on Conviction. Most people who are selling Bitcoin have become rich because they bought it years ago and are now cashing out.
Many people who buy gold actually need gold for business. Investors don’t buy gold to get rich, but to maintain wealth, or at least preserve the value of the assets they already own. So there is a big difference between the two. "
Later, Schiff also said: "Bitcoin prices hit an all-time high again today. It is very possible that tomorrow we will find out that the buyer is Michael Saylor. This seems to be a trend, because this has happened for the past five Mondays. "
Crypto wallet provider Exodus announces it will list on the New York Stock Exchange on December 18
According to Globenewswire, crypto wallet provider Exodus Movement, Inc. (OTCQX: EXOD) announced that its common shares have been approved to be listed on the New York Stock Exchange American Section (NYSE American).
The Company's Class A common stock, par value $0.000001, will begin trading on NYSE American under its current trading symbol "EXOD" when trading begins on December 18, 2024.
Common shares will continue to trade on the OTCQX market until market close on December 17, 2024. The company's current shareholders do not need to take any action before the company's expected listing on NYSE American.
Binance will launch MOCA U-margined perpetual contracts, with leverage up to 75 times
According to the official announcement, Binance will launch MOCA U-based perpetual contracts, with leverage up to 75 times.
According to the latest weekly report from CoinShares, digital asset investment products continued to attract capital inflows last week, totaling $3.2 billion. This is the tenth consecutive week of capital inflows. So far this year, inflows have totaled $44.5 billion, more than four times the amount in any other year. ETP trading volume averages $21 billion per week, accounting for 30% of the total Bitcoin volume traded on highly trusted exchanges. On exchanges with high trust, Bitcoin’s trading volume is highly liquid, with average daily trading volume reaching $8.3 billion this year, twice that of the FTSE 100. Looking at regional fund flows, each region All saw capital inflows, and the overall sentiment was generally positive, with the United States, Switzerland, Germany and Brazil seeing the most significant inflows of US$3.1 billion, US$36 million, US$33 million and US$25 million respectively.
Bitcoin investment products attracted $2 billion in inflows, bringing total inflows since the U.S. election to $11.5 billion. While total assets under management (AuM) remained low at just $130 million, Bitcoin short products attracted $14.6 million in inflows following the recent price increase. Ethereum attracted inflows for the seventh consecutive week, totaling $1 billion, bringing total inflows over the seven-week period to $3.7 billion, with market sentiment improving significantly. As hopes for a US-listed ETF grew, altcoin XRP attracted $145 million in inflows, while Polkadot and Litecoin attracted $3.7 million and $2.2 million respectively.
Vana mainnet is officially launched, and the air investment qualification inquiry has been opened
According to the official announcement, the Vana mainnet is now officially online, and the VANA staking function has also been launched. Testnet community rewards include:
- Users who participated in early DataDAO pre-mining through Aurora Cohort (as a Data Hero or directly participated);
- Community builder for Vana Discord;
- V on vana NFT holders.
The snapshot has been completed on December 13, 2024, and the empty investment qualification query has been opened.
“What are some great articles worth reading in the past 24 hours?”
In the first and second parts about LayerZero, we introduced the mechanism, business model and dynamics of the entire cross-chain field of the LayerZero protocol. In the third part of this article, we will focus on the protocol token $ZRO.
A Fat Penguin NFT is worth 1 million yuan. Will he become the new "leading brother"?
On December 16, according to OpenSea data, the floor price of NFT Pudgy Penguins exceeded 34 ETH and is now quoted at 34.2 ETH (approximately US$137,000), with a 24-hour increase of 22.5%; its sub-series NFT Lil Pudgys exceeded 4 ETH and is now quoted at 4.24 ETH. (approximately US$17,000), with a 24-hour increase of 20.9%.
It is worth noting that the Pudgy Penguins series has experienced an astonishing increase in this bull market. OpenSea data shows that its floor price has risen from around 11 ETH to 34 ETH in the past month, which is approximately RMB 980,000; and its market value has reached 30 10,000 ETH, which is approximately US$1.19 billion as of press time.
The 500x divine currency DRUGS that was released over the weekend set off a new craze for daos.fun?
DeSci project Big Pharmai ( DRUGS) continued the wealth-making myth of daos.fun over the weekend.
GMGN market data shows that DRUGS is temporarily trading at US$0.0401198 as of the time of publication, corresponding to a market value of approximately US$44 million. Calculated based on the limit of 420 SOL (approximately US$92,000) during the fundraising stage (an additional 42 SOL was raised to build initial liquidity), DRUGS has increased nearly 500 times since its emergence from the "internal market", becoming the best performance after ai16z The most eye-catching daos.fun tokens.
Meme Hot List
According to the Meme token tracking and analysis platform GMGN market data, as of 19:30 on December 16:
The top five popular Ethereum tokens in the past 24 hours are: PEPU, MOCA, SHIRO, TOKI, SHANG
The top five popular Solana tokens in the past 24h are: SHIKOKU, NYANCAT, MOM, SHITCOIN, NOSE
The top five popular tokens in the past 24h Base are: VIRTUAL, CINNA, SKIC, HADAKA, Labz
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