Do Kwon’s Fate Decided

️ On today's Top Picks:

Crypto News

• ⭐️ Terra Co-founder Do Kwon’s extradition to US signed by Montenegro justice minister; extradition to South Korea refused.

• ⭐️ Aave $AAVE to potentially leave Polygon $POL after recent $1B proposal causes conflict; two major Aave DAO delegates to vote FOR leaving Polygon.

• Bitget merges Bitget Token $BGB & Bitget Wallet Token $BWB; launches new BGB white paper & burns ~40% of total supply.

• Solana Co-founder Stephen Akridge sued by ex-wife Elisa Rossi; Rossi alleges Akridge withheld millions of dollars of $SOL staking rewards.

• Vitalik Buterin donates 10M Thai Baht (~$300K) to Khao Kheow Open Zoo in Thailand; adopts Moo Deng & her family with donation.

• Redstone Chain experiences downtime due to unexpected sequencer failover; outage has since been resolved.

Alpha

• Galaxy Research publishes Crypto Predictions for 2025; predicts Bitcoin will cross $150K in H1 2025 and test or best $185K in Q4 2025.

• Linea launches Linea Rewind by Intract; highlights 2024 milestones including total transactions, top dapps, TVL, & more.

• Bungee launches Bungee Wrapped; active Bungee users will see "You earned the spot on our list — A rare X-mas ball unlocked for being a true champ!"

• ICYMI Berachain launches two incentivized pre-deposit Vaults for Boyco markets by Concrete, Lombard, & StakeStone.

• ICYMI Movement $MOVE Co-founder rushi confirms Movement Mainnet launch set for January 2025.

Airdrops

• Weekly Airdrop News by Earndrop.

• ⭐️ Jupiter to launch $JUP Jupuary airdrop in January 2025; Jupiter swap users, traders, stakers, & voters eligible.

• ZKsync $ZK airdrop claim closes on January 3rd, 2025; unclaimed tokens to be sent to the Token Assembly.

• ICYMI Lens Airdrop Strategy by Earndrop.

Finance News

• ⭐️ US IRS finalizes tax rule requiring 'DeFi brokers' to collect user trading information; to take effect on January 1, 2027.

• Russian Finance Minister Anton Siluanov says Russian companies are using Bitcoin with international trade partners amid efforts to circumvent Western sanctions.

• Vivek Ramaswamy’s Strive Asset Management files for Bitcoin Bond ETF; offer investors access to convertible bond market for companies with Bitcoin treasuries.

• KULR Technology Group $KULR buys ~217 Bitcoin for ~$21M; follows recent Bitcoin Treasury strategy announcement allocating 90% of surplus cash to BTC.

• US Congressman Ro Khanna introduces bill to ban Congress from stock trading, ban PAC & lobbyists donations, and more.

Security and Exploits

• ⭐️ North Korean hackers target job seekers with new malware "OtterCookie" through fake interview tools; steals files & cryptocurrency wallets.

• Microsoft warns of Windows 11 installation media bug blocking security updates; media installations of Windows 11 24H2 with October 2024 or November 2024 security updates affected.

• Several Google Chrome Extensions compromised in coordinated cyberattack; Cyberhaven, Internxt VPN, VPNCity, Uvoice, & ParrotTalks affected.

• D-Link Routers targeted by “FICORA” & “CAPSAICIN" botnets; D-Link DIR-645, DIR-806, GO-RT-AC750, & DIR-845L routers affected.

• Fake Zoom Meeting Phishing Attack analysis by SlowMist.

Token Unlocks

• Optimism $OP / ~$57M / DEC 31st
Sourced from Tokenomist

Funding

• ChainOpera AI raises $17M in funding led by Finality Capital, Road Capital, & IDG Capital.

• Nodepay raises $7M in funding led by IDG Capital & Mythos Venture Partners.

The Degen Farmer