24-Hour Hot Cryptocurrencies and News | Flow Attack Leads to Approximately $3.9 Million Asset Outflow; DeBot Releases Compensation Registration Form (December 29)

1. Popular cryptocurrencies on CEXs

Top 10 CEX trading volumes and their 24-hour price changes:

1. BNB: +2.14%
2. BTC: +0.22%
3. ETH: +0.40%
4. ADA: +0.30%
5. SOL: +1.67%
6. ZEC: +3.24%
7. FLOW: -11.82%
8. XRP: -0.15%
9. NTRN: -9.27%
10. DCR: -5.56%

24-hour gainers list (data source: OKX):

1. GODS: +32.39%
2. BIGTIME: +13.45%
3. GMT: +9.89%
4. ZORA: +9.22%
5. CITY: +7.15%
6. ARG: +5.67%
7. MMT: +5.34%
8. ZEUS: +5.12%
9. SPK: +4.68%
10. RDNT: +4.65%

24-hour cryptocurrency stock gainers list (data source: msx.com ):

• Intchains Group Limited: +6.56%
• Verb Technology Company, Inc.: +4.18%
• Sui Group Holdings Limited: +2.86%
• A-Mark Precious Metals, Inc.: +1.88%
• ProShares UltraShort Silver: +1.72%
• abrdn Physical Platinum Shares ETF: +1.19%
• Nano Labs Ltd Class A Ordinary Shares: +1.11%
• HIVE Digital Technologies Ltd.: +1.1%
• Amkor Technology Inc: +0.96%
• Eightco Holdings Inc.: +0.9%

2. Top 5 trending on-chain memes (data source: GMGN ):

• BlackWhale
• learing
• HASH
• fraudmaxing
• OCR

Headlines

Flow: An attack on the execution layer resulted in the outflow of approximately $3.9 million in assets, jeopardizing user fund security.

Flow officially announced on the X platform that on December 27, 2025, attackers exploited a vulnerability in the Flow execution layer to transfer approximately $3.9 million in assets before the network outage. This attack did not access users' existing balances, and all user deposits are safe. The approximately $3.9 million primarily flowed out through bridges such as Celer, Debridge, Relay, and Stargate. The attacker's wallet has been identified and flagged, and their money laundering activities through Thorchain and Chainflip are being tracked in real time. The Flow Foundation has submitted freezing requests to Circle, Tether, and major exchanges. The network is currently shut down to cut off all exit paths, and the remediation plan is undergoing final verification. The target restart time is 4 to 6 hours, depending on the testnet verification results. FindLabs is releasing forensic data including transaction hashes and the attacker's Ethereum wallet address.

DeBot has released a compensation registration form, promising to verify and fully compensate within 72 hours.

DeBot announced that it has launched a compensation registration form. Affected users can fill in the relevant information through the DeBot website (PC or mobile web version). The registration form will remain open indefinitely. DeBot stated that after users submit their information, it will complete the verification process within 72 hours and provide 100% full compensation to confirmed affected users. The compensation funds will be directly deposited into the user's DeBot secure wallet address.

Industry News

The outlook for cryptocurrency treasury companies in 2026 is bleak, with most crypto asset treasury companies potentially facing liquidation.

Several industry executives have stated that digital asset vault companies (DATs) will face severe challenges as the market environment weakens, potentially leading to a large-scale shakeout within the industry. Altan Tutar, co-founder and CEO of MoreMarkets, pointed out that while a large number of DAT companies emerged in 2025, providing Wall Street investors with exposure to crypto assets, many companies' stock prices have fallen significantly after the market correction, resulting in a bleak overall outlook. Tutar believes that with increased competition, most crypto vault companies will struggle to survive, particularly those focused on altcoins, which may be the first to exit the market as their market capitalization is unlikely to consistently exceed their net asset value (mNAV) of crypto assets. He also stated that even vaults built around mainstream assets such as Ethereum, Solana, or XRP may face similar pressure subsequently. Ryan Chow, co-founder of Solv Protocol, added that the number of listed or quasi-listed companies holding Bitcoin will increase significantly in 2025, but "simply holding Bitcoin is not a sustainable growth model," and companies lacking revenue management capabilities may struggle to survive the next downturn. He pointed out that surviving vault companies often view crypto assets as digital capital that generates returns and liquidity, rather than simply as a store of value. Furthermore, First Digital CEO Vincent Chok stated that crypto ETFs are becoming a significant competitor to DATs because they offer investors more compliant and transparent price exposure. He believes that for the crypto vault model to continue to develop, it needs to integrate more deeply with traditional financial infrastructure, approaching ETF standards in terms of compliance, auditing, and asset management.

Bank of Japan meeting opinion: A steady pace of interest rate hikes every few months is needed in the future.

On December 29, the Bank of Japan's meeting summary stated that one member indicated the Bank of Japan must raise interest rates at a rate of approximately once every few months for some time. Even if the policy rate is raised to 0.75%, Japan's real interest rate will remain deeply negative.

Polymarket and Kalshi are projected to have a trading volume of nearly $40 billion and a valuation of several billion dollars by 2025.

CoinDesk posted on the X platform that Polymarket and Kalshi achieved their best performance ever in 2025, with a cumulative trading volume of nearly $40 billion and valuations of several billion dollars for both companies.

Sberbank, Russia's largest bank, issues its first Bitcoin mortgage loan.

Sberbank, Russia's largest bank, has issued the country's first loan secured by crypto assets to Intelion Data, a major local Bitcoin mining company. Sberbank stated that the loan was secured by digital currency mined by Intelion Data, but did not disclose the loan amount, the quantity of collateral, or the term, defining it as a "pilot" operation. Sberbank indicated that such products are not only applicable to mining companies but could also be promoted to businesses holding crypto assets. The bank used its own crypto asset custody solution, Rutoken, in the transaction to ensure the safety of the collateral during the loan period. Anatoly Popov, Vice Chairman of Sberbank, stated that Russian digital asset regulation is still in its early stages, and the bank is willing to cooperate with the central bank to improve relevant rules and use this pilot project as a reference for future regulation and infrastructure development. Intelion Data CEO Timofey Semenov stated that this transaction is an important practical example for industry development, and if successful, it could be further promoted in the Russian mining sector.

The Danish tax minister criticized Polymarket for its involvement in political and war betting, and may consider restricting its operations in Denmark.

Danish Tax Minister Ane Halsboe-Jørgensen has publicly expressed strong dissatisfaction with the prediction market platform Polymarket's launch of betting contracts involving events such as war and geopolitics. She stated that she is considering restricting or even shutting down the platform's operations in Denmark. Reports indicate that Polymarket is currently valued at over $8 billion, and users can place bets on various events using crypto assets. Besides conventional themes such as Federal Reserve decisions, sporting events, and elections, it also includes highly sensitive topics such as "the Ukraine ceasefire," "whether Trump will acquire Greenland," and "people related to the Epstein files." BT.dk data shows that approximately 376 million Danish kroner has been wagered on the Ukraine ceasefire, and approximately 33 million Danish kroner on "Trump taking over Greenland." Halsboe-Jørgensen pointed out that, in her view, the platform "uses the misfortunes of others as a betting platform," and the contracts surrounding war and conflict are particularly "worrying." She stated, "Betting on death and destruction, and trading with cryptocurrency, completely contradicts all the values I uphold." She emphasized that if Danish users participate in such betting, it involves national sovereignty and the safety of others, and the government has a responsibility to take action. The report indicates that Danish regulators are currently assessing whether Polymarket violates relevant national laws and exploring ways to restrict its accessibility in Denmark through regulation or a ban. This move has once again sparked discussions in European countries regarding the ethical and regulatory boundaries of Web3 prediction markets.

Project News

Hyperliquid clarifies team token unlocking schedule: 1.2 million HYPE tokens will be unlocked on January 6th.

Hyperliquid issued a statement on Discord clarifying the ownership and unlocking schedule of team tokens. According to the disclosure, the team will unlock 1.2 million HYPE tokens on January 6th, with any subsequent unlocks taking place on the 6th of each following month.

Trust Wallet initiates $7 million compensation process for victims of hacking attack.

Trust Wallet has officially launched a compensation process for victims of its Chrome browser extension security incident. The incident, caused by malicious code embedded in version 2.68 of the software, resulted in the theft of approximately $7 million in assets, including Bitcoin, ETH, and SOL. Trust Wallet CEO Eowyn Chen stated that the leaked Chrome Web Store API key allowed attackers to bypass internal release checks and release malicious updates. PeckShield monitoring shows that over $4 million of the stolen funds flowed to centralized exchanges such as ChangeNOW, FixedFloat, and KuCoin. Binance founder CZ confirmed on the X platform that Trust Wallet will cover all $7 million in losses to ensure the safety of user funds. Affected users need to submit an application form containing their wallet address, transaction hash, and other information through the official portal.

Investment and Financing

Mirae Asset Group plans to acquire South Korean cryptocurrency exchange Korbit for approximately US$100 million.

Mirae Asset Group is reportedly in talks to acquire Korbit, South Korea's fourth-largest cryptocurrency exchange, at a valuation of approximately 100 billion to 140 billion won (about $70 million to $100 million). The potential acquisition will reportedly be led by Mirae Asset Consulting, a non-financial subsidiary of Mirae Asset Group, which has already signed a memorandum of understanding with Korbit's major shareholders. Public information shows that Korbit is currently held by NXC and its subsidiary Simple Capital Futures, which together own approximately 60.5% of the shares, while SK Square holds approximately 31.5%. The report points out that Korbit possesses a complete set of operating licenses and a compliance system, making it attractive to large financial groups seeking a compliant entry into the digital asset market. However, in terms of market share, Korbit's presence in the South Korean cryptocurrency exchange market is limited. CoinGecko data shows that of the approximately $1.21 billion in total 24-hour trading volume across South Korea's six major exchanges, Korbit contributed only about $5.75 million, accounting for less than 1%. In contrast, Upbit, Bithumb, and Coinone each hold a clear advantage. Previous reports indicated that Naver Financial also planned to acquire Upbit's operator, Dunamu, through a share swap, demonstrating that South Korean traditional financial and technology giants are continuously increasing their investment in the cryptocurrency sector.

Character voices

Coinbase CEO: Bitcoin is favorable to the US dollar and can counterbalance high inflation and deficit spending.

Cointelegraph reported on its X platform that Coinbase CEO Brian Armstrong stated today that Bitcoin is favorable for the US dollar, noting that Bitcoin can act as a counterbalance to high inflation and deficit spending.

Lighter founder: The previous large-scale LIT token transfers were unrelated to the airdrop; the app may launch in the coming weeks.

In response to community reports of multiple large LIT token transfers from the Lighter team address, Lighter founder and CEO Vladimir Novakovski stated in a Twitter Space interview with jez (@izebel_eth) that the token transfers were unrelated to airdrops and were instead for holding allocated funds for investors and the team. He also revealed that a universal margin system will allow L1 assets to be used as collateral on Lighter, and a mobile app will be launched in the coming weeks.

Lighter founder: We will not create a dual-track structure of "one set of tokens and one set of equity"; value will only flow to the tokens.

In an interview with jez (@izebel_eth) on Twitter Space today, Lighter founder and CEO Vladimir Novakovski stated regarding the token's value capture mechanism: "Our position is very clear: value will ultimately be deposited in the token, and all investors participate under this premise. We adhere to the principle that the token will be the core alignment mechanism for all stakeholders—early users, the team, and investors are all in the same boat. There will be no dual-track structure where the token has one set of value logic and equity has another; everything will revolve around the token."

Solana co-founder: Total stablecoin market size will exceed $1 trillion by 2026.

On X, Solana co-founder Anatoly Yakovenko released his 2026 predictions, which include: 1. The total size of stablecoins will exceed $1 trillion; 2. Quantum computing (QC) and controlled nuclear fusion (Fusion) will remain as difficult to implement as they are today; 3. AI will solve a millennium-old problem; 4. 100,000 humanoid robots will be shipped; 5. Starship will complete two successful commercial flights.