No, Hyperliquid Is Not Hacked

️ On today's Top Picks:

Crypto News

• ⭐️ Interpol issues Red Notice on behalf of Finland for Hex & PulseChain founder Richard Heart; charged with gross tax evasion & assault. 

• Gabriel Hay aka Mr. Handz & Gavin Mayo aka Gavinm, charged for allegedly rug pulling over $22M; largest NFT scheme US DOJ has ever prosecuted.

• ⭐️ MicroStrategy buys an additional 5,262 Bitcoin $BTC for ~$561M at ~$106,662 per Bitcoin; now holds 444,262 BTC worth $41B.

• Tether expects ~$10B in net profits for 2024; $USDT has added ~$50B to its market cap this year & is now at ~$140B.

• Coinbase Institutional releases 2025 Crypto Market Outlook; highlights stablecoins, tokenization, crypto ETFs, DeFi, regulation, & more.

• Crypto[.]com launches Sports Event Trading in the US; allows users to trade predictions on the outcome of sports events.

• MoonPay in talks to acquire Helio for ~$150M; Helio provides a self-service crypto payment platform similar to Coinbase Commerce.

• Google updates its financial products & services policy; advertisers registered with the UK FCA to be allowed to run crypto ads.

Alpha

• SphereX Airdrop Strategy by Earndrop.

• Introducing Solv Protocol by mystri.

• Berachain posts "69 hours of Beramas begins" on X; likely related to Boyco event which allows Berachain protocols to acquire liquidity before Mainnet launch.

• ⭐️ Caldera launches Caldera Wrapped 2024 campaign on Superboard; complete quests from December 22nd to January 1st & mint free collectible cards.

• Kaito to distribute 150 Ethereum $ETH rewards split across the top 1000 ranked Yappers; register & add your ETH wallet by January 1st to participate.

• Kernel DAO (Kelp DAO) launches support for $uniBTC (Bedrock), $stBTC (Lorenzo), & $asBNB (Astherus); Season 1 snapshot on December 31st.

• PumpBTC to launch PumpBera Sweater NFT collection on Kingdomly; mint starts on December 24th 12:00 AM UTC.

• Binance launches BIO Protocol $BIO on Binance Launchpool; farm BIO by locking $BNB and/or $FDUSD starting December 24th.

Airdrops

• Olimpio launches Odos $ODOS airdrop mass wallet checker; no cookies, no tracking, & no signatures.

• Tensor launches $TNSR season 4 airdrop checker; claim to launch by end of January 2025.

• Nodepay launches airdrop checker; Nodepay users with a connected wallet & Proof of Human medal before December 5th eligible.

• Tavaera launches $TEVA airdrop checker; Tevaera users eligible.

• WalletConnect $WCT season 1 airdrop claim ends on January 3rd, 2025; WalletConnect users eligible.

• ICYMI Weekly Airdrop Recap by Earndrop.

• ICYMI t3rn Airdrop Strategy by Earndrop.

Finance News

• US President-elect Trump selects Bo Hines as Executive Director of the Presidential Council of Advisers for Digital Assets; to work alongside David Sacks.

• US President-elect Trump nominates pro-Bitcoin Stephen Miran to lead his Council of Economic Advisers.

• US President-elect Trump nominates a16z partner Sriram Krishnan as Senior Policy Advisor for AI in the White House Office of Science and Technology Policy.

• MicroStrategy $MSTR CEO Michael Saylor releases Digital Assets Framework proposal; suggests establishing strategic Bitcoin reserve & more.

• MicroStrategy $MSTR adds Brian Brooks (Binance[.]US & Coinbase), Jane Dietze (Brown University & Galaxy Digital), and Gregg Winiarski (Fanatics) to board of directors.

• El Salvador senior Bitcoin advisor Max Keiser says "President Bukele has ramped up daily Bitcoin buys with an interim goal of acquiring 20,000 more Bitcoin."

• US to blacklist Sophgo after its TSMC-made chip was illegally incorporated into a Huawei AI processor; Sophgo & Bitmain both founded by Micree Zhan.

• MetaPlanet to buys an additional 619.7 Bitcoin for ~$61M at $97,786 per Bitcoin; now holds 1,762 BTC worth ~$166M.

• Italy fines OpenAI ~$15.7M for ChatGPT GDPR privacy violations; processed personal information of users to train ChatGPT.

Security and Exploits

• ⭐️ MetaMask’s Taylor Monahan tracks North Korean hacker addresses trading on Hyperliquid; warns that "DPRK doesn't trade. DPRK tests" alluding to Hyperliquid as a potential target.

• US Court rules NSO Group violated US hacking laws for using WhatsApp zero-days to deploy Pegasus spyware.

• SlowMist releases Weekly Security Report highlighting ~$332K of total reported losses.

• ICYMI North Korea-linked Hackers stole $1.3B in crypto in 2024; $2.2B total stolen by hackers, thieves, & scammers this year.

• ICYMI LastPass Threat Actor drains ~$12M of crypto from 100+ victims; LastPass customer data was stolen in 2022.

Token Unlocks

• EigenLayer $EIGEN / ~$5M / DEC 24
• Ethena $ENA / ~$14M / DEC 25
• Cardano $ADA / ~$17M / DEC 16
Sourced from Tokenomist

Funding

• ⭐️ xAI raises $6B in Series C funding.

• Usual raises $10M in Series A funding led by Binance Labs & Kraken Ventures.

• Avalon raises $10M in Series A funding led by Framework.

The Degen Farmer