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Important information last night and this morning (December 24th - December 25th)

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Reprinted from panewslab

12/25/2024·4M

Important information last night and this morning (December 24th - December
25th)

Founder of ai16z: The aiPool project has been launched, and its founder is still trying to retrieve the X account

Shaw, the founder of ai16z, posted on the These are all fraudulent accounts, be careful of losing money. There is no pre-sale for this project.”

Glassnode: Solana has maintained positive net capital inflows since early September 2023

Glassnode posted on the , and reached a significant peak of $776 million in new capital inflows per day.”

Venture capital firm Founders Fund is raising about $3 billion for its third growth equity fund

Founders Fund, the venture capital firm co-founded by Peter Thiel, is raising about $3 billion for its third growth equity fund, Axios has learned from multiple sources. Founders Fund has not yet provided potential investors with an official size target for the new fund, but said $3 billion would be a rough estimate. Founders Fund has invested in some of the world's most valuable technology startups, including SpaceX and Stripe. Thiel will also have access to the incoming White House due to its longstanding support of President-elect Trump and the company's multiple investments with Musk. Founders Fund has also invested in multiple crypto projects, including Igloo, Inc., the parent company of Pudgy Penguins, Bitcoin lending platform Lava, Bitcoin rollup project Citrea, etc. Founders Fund successfully raised $3.4 billion for its second growth equity fund in 2022, while raising $1.8 billion for its eighth early-stage fund. However, early last year, as they sensed relatively few investment opportunities in the market, they decided to split the early-stage fund into two. But as of now, they have not started investing in what is now known as the "ninth fund." In addition, although there was discussion of splitting up the growth fund, it was never implemented. Now, most of the fund's capital has been deployed, including investments in capital-intensive AI companies.

Coinbase international weekly trading volume hits a new high of $119 billion

Coinbase International’s total trading volume exceeded $119 billion last week, a record high. The weekly total was 124% higher than the previous week's total, while the past week's daily average was 164% higher than the previous week's daily average. The average daily trading volume of Coinbase International Station in November was only US$2.5 billion. As of December, the exchange’s average daily trading volume was close to $10 billion. The top five trading pairs on Coinbase International include perpetual futures of BTC, ETH, SOL, XRP and DOGE, accounting for 99.8% of the exchange’s total trading volume. BTC-PERP accounts for 57% of the total trading volume, followed by ETH-PERP at 34%.

PancakeSwap’s total trading volume will reach US$310 billion in 2024, a year-on-year increase of nearly 179%

According to Cointelegraph, the total trading volume of decentralized exchange (DEX) PancakeSwap will reach US$310 billion in 2024, a year-on-year increase of nearly 179% from US$111 billion in 2023. PancakeSwap reported that crypto trading volume on Arbitrum increased 3,656% year-on-year to $13.2 billion, primarily thanks to L2 networks Arbitrum and Base, while cryptocurrency trading volume on Base grew 3,539% year-on-year to $11.6 billion by 2024 . In addition, PancakeSwap trading volume increased by 179% year-on-year, reflecting positive market sentiment and increased activity in the DeFi and DEX space.

South Korea’s average daily cryptocurrency trading volume in November was the same as the stock market, and the total number of investors exceeded 15 million

According to Naver, data from the Bank of Korea showed that as of the end of November, the number of cryptocurrency investors in South Korea reached 15.59 million, an increase of 610,000 from October. This number represents more than 30% of the country’s total population and reflects increased market activity after U.S. President-elect Trump pledged support for the cryptocurrency industry. The rising price of Bitcoin has also contributed to the growth of this trend. As of the end of November, total cryptocurrency holdings of South Korean investors totaled 102.6 trillion won (approximately $70.8 billion), compared with 58 trillion won (approximately $40 billion) in October. The average daily trading volume in November reached 14.9 trillion won (approximately US$10.288 billion), which is equivalent to the combined average daily trading volume of the Korea Composite Stock Price Index (KOSPI) market and the Korea Growth Enterprise Market Index (KOSDAQ) market in the same month.

Telegram Premium subscribers have exceeded 12 million

According to the official Telegram Premium channel, Telegram Premium subscribers have exceeded 12 million. The official expressed its gratitude to all subscribers for their support, saying that it helps Telegram continue to develop powerful features and change the way nearly 1 billion users communicate. Users can subscribe to Premium services through the platform or give subscriptions to relatives and friends.

HIVE Digital spends $30 million to deploy H100 and H200 GPU clusters in Quebec

According to an announcement released by HIVE Digital Technologies, the company has invested US$30 million in purchasing and deploying NVIDIA H100 and H200 GPU clusters to support the rapidly growing demand for artificial intelligence. These high-performance computing (HPC) clusters will be deployed in Quebec, Canada, and will be powered entirely by renewable energy. Deployment details: • H100 cluster: Contains 248 GPUs, will be online before the end of 2024, and is expected to bring in approximately US$15 million in annual revenue. • H200 cluster: Contains 508 GPUs. It is expected to be installed in the first quarter of 2025 and officially launched in the second quarter of 2025. Annual revenue is expected to exceed US$20 million.

There are less than 1.2 million Bitcoins to be mined, and the circulation exceeds 19.8 million

CloverPool data shows that the current circulation of Bitcoin has reached 19,800,490.63 BTC, and the amount to be mined is 1,199,509.375 BTC. The current block reward for Bitcoin mining is 3.125, with an average daily output of approximately 450 BTC.

Musk: Grok can recognize and interpret almost any image

Elon Musk just posted that Grok can recognize and interpret almost any image, from medical records to World War II airplanes to Internet memes.

Binance Alpha adds 5 new projects: GAME, UFD, GEL, GOUT and YNE

The Binance Alpha page shows that a new batch of five projects has been added to the list, namely GAME, UFD, GEL, GOUT and YNE. The introduction is as follows. As of now, there are 38 Binance Alpha projects.

Cumberland deposited 16,201 ETH to Coinbase 20 minutes ago, worth approximately $55 million

According to Lookonchain monitoring, Cumberland deposited 16,201 Ethereum (ETH) to Coinbase 20 minutes ago, worth approximately $55 million.

A whale that received 116.7 million PENGU airdrops purchased US$1 million in PENGU tokens today

According to Lookonchain statistics, a whale purchased 34.42 million $PENGU tokens today for 5,250 SOL (approximately $1 million), after previously receiving 116.7 million $PENGU (worth approximately $3.52 million) through airdrops. Currently, the whale holds a total of 151.12 million $PENGU, with a total value of approximately $5.08 million, and has not yet sold any $PENGU tokens.

An address with a balance of approximately 13.14 million USDT on the Ethereum chain has been frozen

According to Whale Alert monitoring, around 06:36 Beijing time today, an address with a balance of 13,145,135 USDT on the Ethereum chain was frozen.

An anonymous user pledged 10,000 BTC on Babylon 10 days ago, worth over US$1 billion.

The Bitcoin staking protocol Babylon disclosed in its official blog that on December 15, during the third launch of the Babylon Bitcoin staking protocol mainnet, an anonymous pledger pledged 10,000 Bitcoins through three transactions, worth more than $1 billion. Babylon said: “Previously, the largest staking amounts came from entities looking to stake for their users (such as the LST protocol and custodians), but staking on such a large scale by individuals is of particular significance to Babylon and its protocol. Whoever this person is, their decision to stake directly to Babylon rather than through LST pushes the concept of ‘trustless’ staking from the abstract to the concrete.”

A suspected Justin Sun address transferred 70,182 ETH to HTX in the early morning, equivalent to approximately US$245 million.

According to Spot On Chain monitoring, the suspected Justin Sun address transferred 70,182 ETH ($244.9 million) to HTX 7 hours ago, including 42,905 ETH unpledged from Lido Finance and 27,277 ETH transferred from Etherfi. Since November 10, he has deposited 179,101 ETH ($645 million) into HTX at an average price of $3,601. He still holds 106,905 STETH ($372.4 million) and 56,277 EETH ($195.8 million), of which 25,000 ETH ($87 million) have been uncollateralized from Etherfi. Prior to yesterday’s news, Sun Yuchen denied rumors of liquidating ETH, saying that this was just an ETH transfer operation between different wallets by the team.

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