Odaily Planet Daily reports that the Georgian Ministry of Justice has signed a Memorandum of Understanding (MoU) with the public blockchain network Hedera, and is currently considering putting the country's land registration system on the blockchain and tokenizing real estate. Georgian officials stated that they are considering migrating data from the National Public Registry to the blockchain network, hoping this will "further ensure property rights protection and improve the transparency and reliability of the process." Furthermore, the two parties are also considering tokenizing real estate, a move quite similar to Real-World Asset (RWA) tokenization projects. (Cointelegraph)
Odaily Planet Daily reports that Nasdaq-listed Ethereum treasury company Bit Digital has completed its acquisition of a controlling stake in Euronext-listed Financière Marjos. Through the takeover of general partner Financière Louis David (holding 15.9%) and the direct acquisition of 9.1% of the shares, Bit Digital now controls a total of 25% of the company. Going forward, Bit Digital plans to develop a digital asset treasury strategy around Ethereum, make direct investments, and expand its AI infrastructure. The company is also slated to be renamed Bit Digital Europe. (lesechos)
According to Odaily Planet Daily, artificial intelligence company Anthropic is in talks for a new round of venture capital funding, with an expected valuation of $300 billion. The company has also hired California law firm Wilson Sonsini to advise on its IPO, aiming for a listing in 2026. Analysts believe that the IPO will bring Anthropic a huge amount of capital, enabling it to compete with Sam Altman's OpenAI. Public research by Deutsche Bank analysts Adrian Cox and Stefan Abrudan indicates that OpenAI's business has some weaknesses, with consumer subscription growth for its ChatGPT platform slowing, while Anthropic is more likely to achieve profitability than OpenAI. (Fortune)
According to official sources, Circle's native USDC and CCTP have been launched on Starknet. Circle's integration enables Starknet to provide seamless cross-chain transfer infrastructure, institutional-grade settlement, and low-cost global payments.
According to Onchain School's monitoring, approximately 40 minutes ago, an address suspected to be a Mantle core contributor transferred $4.5 million worth of MNT tokens to the Mirana Ventures wallet.
According to Onchain Lens, a whale withdrew 171 BTC, worth $15.79 million, from Binance after a year of inactivity.
According to Odaily Planet Daily, on-chain analyst Yu Jin reported that Huang Licheng, nicknamed "Brother Machi," turned $1 million into $2.08 million last week, but lost all his principal and profits when ETH fell from $3,000 to $2,700 the day before yesterday.
Over the past two days, he continued to use $500,000 to go long on ETH at an average price of $2,910. As ETH rebounded back above $3,000, he has now made a profit of $1.54 million. However, his liquidation price for his ETH long position is not far off.
According to Odaily Planet Daily, the Federal Reserve appears to have finally reversed its unprecedented three-year loss streak. Data released in recent weeks shows that since the beginning of November, the Fed has returned to profitability, enough to slowly cover the accounting entries used to cover the losses. Furthermore, the size of the Fed's so-called deferred assets has shrunk since November 5th, from $243.8 billion to $243.2 billion on November 26th. The interest rate cuts have largely ended the Fed's losses, meaning that the costs it pays to banks to maintain the target range for the federal funds rate have decreased. The Fed's federal funds rate, after peaking at 5.25% to 5.5% in 2023, is currently hovering between 3.75% and 4%. Given officials' concerns about the state of the job market, the Fed may cut rates further in the future. (Jinshi)
According to GMGN data, the market capitalization of BSC Meme coin bibi briefly surged past $10 million, currently trading at $12.7 million, representing a daily increase of over 600%.
Odaily reminds users that the price of Meme coin fluctuates greatly, and investors should participate with caution.
Odaily Planet Daily reports that DeAgentAI issued a warning to the community on the X platform, stating that its Discord server appears to have been hacked and experienced unauthorized access. The server has been immediately migrated to a new Discord server. DeAgentAI will never send private messages requesting wallet linking or asking users to sign any transactions.
Odaily Planet Daily reports that after ETH returned to the $3,000 mark, market analysts believe this is due to optimistic expectations for the upcoming Fusaka upgrade. Supported by widespread gains in major altcoins such as SOL and BNB, the total cryptocurrency market capitalization climbed to approximately $3.2 trillion. Timothy Misir, Head of Research at BRN, stated that part of the price increase was due to the forced exit of a large number of BTC short sellers above $93,000, leading to a surge in forced buying. Fund flows in spot ETFs also provided an additional positive factor; the US Bitcoin spot ETF recorded a net inflow of approximately $58.5 million on the last trading day, marking the fifth consecutive trading day of positive inflows. (The Block)
Odaily Planet Daily reports that the cryptocurrency market has seen a much-needed rebound, with Bitcoin prices rising 6.6% in the past 24 hours to $93,000. However, on the Deribit platform, put options on BTC and ETH are still trading at higher prices than call options. Furthermore, open interest in CME Bitcoin futures fell to 121,670 contracts, the lowest level since February 2024, while Ethereum futures open interest also decreased, falling to 1.95 million ETH, the lowest level since September. (CoinDesk)
Odaily Planet Daily reports that the Australian Bitcoin Industry Association has filed a formal complaint against an ABC News article, alleging that it contains "numerous factual errors" and "biased reporting." The controversial ABC article claims that Bitcoin "has no practical use" and is primarily used by "those who operate in the shadows." The association is calling on ABC News to issue a correction and to incorporate expert opinions in future cryptocurrency coverage. (Decrypt)
Odaily Planet Daily reports that ADP, a payroll processing company, will release the latest U.S. private sector employment data at 9:15 PM Beijing time on Wednesday, which is expected to show that the labor market remained relatively stable in November. With fewer economic data on hand than usual, Federal Reserve officials may face further disagreements when setting interest rates next week. Analysts believe that if the data does not show a significant decline in employment, Fed officials concerned about inflation remaining above the 2% target may have more reason to believe that maintaining stable interest rates next week is the right direction. (Jinshi)
Odaily Planet Daily reports that the SlowMist security team issued a security alert regarding a recent phishing attack on a user. The user's Owner privileges were transferred, and attempts to revoke authorization failed. The user has already lost over $3 million worth of assets, with an additional $2 million worth of assets held in a DeFi protocol that could not be transferred (this $2 million has since been successfully recovered with the assistance of the relevant DeFi provider). This attack was not a traditional "authorization theft," but rather the attacker replaced core privileges (Owner privileges), preventing the victim from transferring funds, revoking authorizations, or operating DeFi assets. The funds appeared "normal" but were completely out of control.
Odaily Planet Daily reports that crypto mining company Bitfury has announced a planned $50 million investment in Gonka, a decentralized artificial intelligence computing network. Launched in August, the Gonka network currently boasts computing resources equivalent to approximately 6,000 NVIDIA H100 GPUs. Bitfury reportedly disclosed last month a $12 million strategic investment in Gonka AI's GNK token. (Businesswire)
