Headlines
Data: The market value of Bitcoin holdings in the Kingdom of Bhutan has reached 34% of its GDP
According to data disclosed by Cointelegraph on the X platform, the market value of Bitcoin held by addresses in the Kingdom of Bhutan has reached $1.1 billion, currently accounting for 34% of its GDP.
ai16z Partner Shaw: 100 million ELIZA airdrop for ai16zeliza holders is now live
ai16z partner Shaw announced on X that the ELIZA airdrop for ai16zeliza holders is now live. According to snapshot data, a total of 100 million tokens will be distributed based on holding ratios, with 20% unlocked immediately and the remaining portion unlocked linearly on a daily basis. The ai16z DAO now holds over 10% of the token supply, and the Eliza project itself holds 3% of the supply through the Squads wallet for future development. This unlocking mechanism aims to prevent immediate sell-offs and provide a buffer period for the project to seek partners.
CHILLGUY's market value once exceeded $400 million
According to GMGN data, CHILLGUY briefly broke through $0.5, with its market value once exceeding $400 million. Odaily reminds users that the prices of meme coins are highly volatile, and investors should participate with caution.
Industry News
The Digital Assets Council of Financial Professionals and Franklin Templeton Digital Assets recently released a new survey showing that more clients are now holding cryptocurrencies, and advisors are recommending cryptocurrencies to them at a higher rate.
US SEC delays decision on Franklin Crypto Index ETF EZPZ
The US SEC has delayed its decision on the Franklin Crypto Index ETF (EZPZ). Franklin Templeton submitted a registration statement to the agency in August, and this ETF will hold both ETH and BTC. If approved, it will be listed on the Cboe BZX exchange and use Coinbase Custody Trust Company LLC as its digital asset custodian.
Project News
TROY has launched the Meme issuance platform TroyPump
According to official news, TROY has launched the Meme issuance platform TroyPump. TroyPump is based on the BNB Chain and aims to create impactful Meme IP. With the support of the TROY Meme Foundation, TroyPump will provide incentives for the launched Meme tokens, bringing new ecological support and growth potential, establishing a vibrant platform for Meme innovation and development, and setting new standards for Meme culture.
WLFI sales exceed $20 million, accounting for about 68% of the revised financing target
Dune data shows that the Trump family's crypto project World Liberty Financial (WLFI) has sold approximately 1.35 billion tokens, with sales reaching $20,283,014, accounting for about 2% of its initial target and 68% of the revised financing target. Notably, over 23% of the total sales have flowed to five wallets, with the largest wallet holding over 193,000 tokens.
Phantom Wallet ranks as the third largest utility app on iOS in the US
According to Solana Floor, Phantom Wallet has ranked as the third largest utility app on iOS in the US.
Aethir announces partnership with LayerZero to create a multi-chain AI and gaming ecosystem
According to official news, Aethir GPU has generated cross-chain multifunctionality demand due to its cloud infrastructure expansion. Based on this, Aethir is collaborating with the full-chain solution LayerZero to help bring multi-chain functionality into the Aethir DePIN stack and assist Aethir in migrating to the Sophon ZK chain. LayerZero's full-chain technology will ensure the smooth transition of ATH token rewards for checking nodes and Aethir Edge operators from the Arbitrum L2 network to Sophon while maintaining network stability and ensuring a frictionless experience for the Aethir community.
According to official news, the Filecoin network has completed the NV24 Tuk Tuk upgrade to enhance network security, efficiency, and development capabilities. This upgrade introduces significant changes aimed at maintaining network stability and preparing its infrastructure for future plans while improving the experience for developers on the platform. It is reported that the NV24 upgrade addresses key areas such as network staking security and smart contract functionality, along with other improvements, including adding support for EIP-5656 in FEVM and adding FEVM precompiles to retrieve Beacon summaries from chain history.
Coinbase Wallet launches USDC rewards program
According to official news, Coinbase Wallet has announced the launch of the USDC Rewards program, where users can earn 4.7% APY simply by holding USDC in their on-chain wallet. This means that users' funds will remain liquid and available for use at any time. Users will need to update their mobile app to the latest version and navigate to their USDC balance to get started.
Investment and Financing
According to official news, Gabby World announced the completion of $2 million financing at a valuation of $20 million, with investors including SevenX Ventures, OnePiece Labs, Everest Ventures Group, Fire Phoenix Capital, Zonff Partners, and 13 other institutions, as well as 8 angel investors including former partners from Republic and Hashed, and partners from Gam3Girl Ventures.
DWF Labs launches $20 million "Meme Fund" to support innovative Meme coin projects
DWF Labs has announced the launch of a $20 million "Meme Fund" to support innovative Meme coin projects across multiple blockchains. The "Meme Fund" is now accepting proposals from Meme coin projects seeking investment and guidance. DWF Labs has collaborated with successful tokens such as Floki, Turbo, Simon's Cat, Neiro Ethereum, and First Neiro on Ethereum. Recently, the company announced partnerships with Barsik and NikolAI to further enrich its Meme coin portfolio listed on Binance.
The crypto fantasy sports platform Monkey Tilt announced the completion of $30 million in Series A financing, which concluded this summer but was only recently disclosed. Pantera Capital led the round, with participation from Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana, and Josh Hannah. This latest financing brings the total funding amount to over $50 million.
People & Voices
Bridgewater: Trump may prefer a Fed chair candidate more tolerant of inflation
Bob Prince, Chief Investment Officer of Bridgewater Associates, stated at the third annual Global Financial Leaders Investment Summit held in Hong Kong on Wednesday that the policies of President-elect Trump regarding tariffs, fiscal stimulus, and immigration may prevent the US from achieving its 2% inflation target. If the US inflation rate remains close to 3% in about a year and a half, Trump may lean towards nominating a Fed chair candidate willing to accommodate a higher inflation target, which would allow him to cut interest rates. He added, "People are looking forward to rate cuts. But if inflation remains unchanged, then rate cuts may not be possible. I think the situation in 18 months will be very interesting, as the current Fed chair Powell's term will end." (Jin Shi)
US Government Efficiency Leader Vivek: DOGE Will Help Bridge DNP List Review Gaps
One of the leaders of the US Government Efficiency Office, Vivek Ramaswamy, posted on X stating: "The Treasury maintains a 'Do Not Pay (DNP) list' that requires agencies to check it before disbursing funds. The DNP screens for deceased individuals, those in default on federal debts, and excluded contractors. But in reality, it doesn't work that way: for example, the Small Business Administration issued over 100,000 forgivable loans to individuals on the DNP list, resulting in $5.3 billion being paid to beneficiaries who may not have qualified for federal support.
CZ: Users on Intel Chip-based Macbooks Need to Update ASAP for Security
CZ posted a security reminder on X: "If you are using an Intel chip-based Macbook, please update as soon as possible to stay safe." According to securityweek, Apple confirmed that the macOS system has been subjected to zero-day attacks and urgently released major security updates for macOS and iOS to fix two widely exploited vulnerabilities. Apple confirmed that these vulnerabilities are being widely exploited on Intel-based macOS systems and urged users across the ecosystem to urgently apply iOS 18.1.1, macOS Sequoia 15.1.1, and older iOS 17.7.2.
Bloomberg Analyst: Grayscale Submits Bitcoin Miners ETF Application
Bloomberg ETF analyst Henry Jim posted on X stating that Grayscale has submitted an application for a Bitcoin Miners ETF, with trading code/fee structure pending, and an effective date of January 27, 2025.
Insiders: Trump Team Considering Establishing First Crypto-related Position in the White House
According to sources familiar with the transition work, President-elect Trump's team is discussing with the digital asset industry the possibility of establishing a new position in the White House specifically responsible for cryptocurrency policy.
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