Google Unveils Willow Quantum Chip

️ On today's Top Picks:

Crypto News

• Crypto Venture Capitalists Dragonfly & CoinFund express skepticism towards crypto-AI projects.

• MicroStrategy buys ~$2.1b of Bitcoin $BTC; now holds 423,650 Bitcoin worth ~$41b.

• Ethereum Researcher Max Resnick leaves Consensys & joins Solana firm Anza.

• Crypto Liquidations climb to ~$1.5b after Bitcoin $BTC briefly dips below $94k; Bitcoin has risen back to ~$97k.

• Digital Asset Investment Products see record $3.85b of inflows last week; $41b of inflows year-to-date.

• Coinbase claims FUD/misinformation about restricted accounts; X post receives community note claiming otherwise.

• Binance relaunches Binance Wallet; features new interface, revamped airdrop rewards, & more.

• cLabs $CELO delays mainnet upgrade to add fault proofs; target remains Q1 2025.

• Sushi $SUSHI to launch multiple products in 2025; Wara, Susa, Kubo, Blade, & SushiSwap Aggregator.

Alpha

• Babylon to launch Bitcoin staking Cap-3 tomorrow December 10th; teases surprise for Pioneer Pass NFT holders.

• ⭐️ Fuel teases announcement coming tomorrow; Fuel CEO previously posted "Next week is a big one for Fuel." on X.

• Kernel DAO (Kelp DAO) to launch Mainnet on BNB Chain tomorrow December 10th.

• Portal posts "Aurelia Incentivized Public Testnet ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓░ 98%" on X.

• ICYMI Weekly Airdrop Updates by Earndrop.

• ICYMI Mitosis Airdrop Strategy by Earndrop.

• Fiamma Chain Testnet Guide by mztacat.

Airdrops

• ⭐️ Movement launches $MOVE Movedrop claim; claim on Ethereum Mainnet now or on Movement Network later with 25% bonus.

• Binance launches Movement $MOVE HODLer Airdrop; BNB Simple Earn Flexible or BNB Locked users eligible.

• ⭐️ Magic Eden to launch $ME airdrop claim tomorrow December 10th; eligibility & allocation checker already live.

• Jupiter DAO $JUP passes Jupuary Airdrop proposal; to launch airdrop claim in January.

• Milady Cult launches $CULT airdrop claim; Remilia NFT holders eligible.

• Aligned Layer $ALIGNED airdrop checker; developers, engineers, & researchers eligible.

• REMINDER WalletConnect $WCT airdrop claim open until January 03rd.

• Anzen launches $ANZ airdrop claim; recipients have 29 days to claim.

• Heurist launches $HEU airdrop claim; Season 1 miners; various NFT holders, & more eligible.

Finance News

• Michael Saylor calls on US government to sell its Gold $XAU reserves & buy Bitcoin instead.

• ⭐️ Microsoft $MSFT shareholders to vote on Bitcoin investment proposal tomorrow December 10th.

• Amazon $AMZN shareholders requests company to explore adding Bitcoin to its treasury.

• Riot Platforms $RIOT to raise $500m through convertible notes to buy Bitcoin.

• China to ease monetary policy to moderately loose; first time since 2010.

• ⭐️ Google $GOOG unveils Willow, a new quantum computing chip; can reduce errors exponentially & compute faster than today's supercomputers.

• Nvidia $NVDA reportedly faces China antitrust probe; Nvidia has NOT confirmed the report.

• Ex-ASML $ASML employee indicted for stealing critical trade secrets; employee to appear before a court in a pro forma hearing.

• US House of Representatives to vote on $3b funding to replace Chinese telecommunications equipment.

Security and Exploits

• Norwegian Media publishes list of the country's largest crypto investors with their personal information; sourced from Norway's public tax ledger.

• Cardano Foundation X account was compromised; false disclosure of an SEC lawsuit against the company was posted.

• Radiant Capital posts Incident Update blog post regarding October 16th $50m hack.

• DEXX Hacker sends ~1000 ETH of stolen funds to Tornado Cash.

• US CISA says Cisco gear often targeted in Salt Typhoon attacks on on telecommunications providers.

Token Unlocks

• EigenLayer $EIGEN / ~$6m / DEC 10th
• Cardano $ADA / ~$19m / DEC 11th
• Ethena $ENA / ~$14m / DEC 11th
• io[.]net $IO / ~$7m / DEC 11th
• Aptos $APT / ~$136m / DEC 11th
Sourced from Tokenomist

Funding

• Lava raises $10m in Series A funding led by Founders Fund & Khosla Ventures.

• Union raises $250K in Community funding from Lazy Angels via Echo.

The Degen Farmer