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- Vitalik Buterin Donates 100 ETH
Vitalik Buterin Donates 100 ETH
🌟 Vitalik Buterin's Support for Developers
Vitalik Buterin's Donations: Ethereum co-founder Vitalik Buterin donated 100 ETH, worth $340,000, in two installments of 50 ETH to support Tornado Cash developers Roman Storm and Alexey Pertsev, aiding their legal defense efforts.
Legal Challenges Developers Face: Pertsev was arrested in 2022 and sentenced to 5 years for money laundering in 2024, while Storm's trial is set for April 14, 2024. U.S. prosecutors also charged Roman Semenov, who remains at large.
Broader Crypto Community Impacts: Tornado Cash was sanctioned in 2022 for alleged laundering of $7 billion in crypto since 2019. The Treasury's sanctions are contested, but Buterin's support reflects a commitment to developer rights. Read More.
️ On today's Top Picks:
- 🌑 Terra Co-founder Do Kwon extradited to the US.
- 🔜 Lens teases "Lens mainnet is imminent".
- 🪂 Sonic SVM to launch $SONIC airdrop claim January 7th.
- 🤝 BRICS adds 9 new countries as partner countries.
Read time: ⏰ 4 minutes
Crypto News
• ⭐️ Ethereum Co-founder Vitalik Buterin donates 100 Ethereum $ETH (~$340K) to Tornado Cash $TORN developer Alexey Pertsev on Juicebox $JBX.
• Binance Labs $BNB to rebrand soon with expanded investment scope; Binance Co-founder CZ to increase involvement.
• ⭐️ Terra Co-founder Do Kwon extradited to the US from Montenegro; ends standoff between US & South Korea over competing extradition demands.
• Pump[.]fun Team deposits ~292K Solana $SOL (~$55M) to Kraken; has deposited ~1.5M SOL (~$303M) to Kraken in total.
• Usual's $USD0 stablecoin briefly dipped to $0.99 after whale sell-off; fully re-pegged after a few hours.
Alpha
• Caldera pauses Caldera Wrapped 2024 campaign; last three quests to return for 24 hours on January 5th.
• PumpBTC launches Thank You Satoshi campaign; mint a Pizza NFT for a future PumpBTC airdrop.
• Treehouse launches Decentralized Offered Rates Testnet; Mainnet to launch in Q1.
• Newton posts "Crystal NFT claim starts 01.02.25 ... Only in Discord" on X; Newton is a ZK L2 by Magic Labs.
• Trusta Labs teases providing services for "two giants whose names cannot be disclosed yet."; previously provided services for Celestia, Starknet, & more.
• ⭐️ Lens teases "Lens mainnet is imminent"; Hey (Lens client) recently announced Lens v2 signups would close soon.
• 2025 Crypto January Calendar by LayerGG.
Airdrops
• ⭐️ Sonic SVM to launch $SONIC airdrop claim January 7th; airdrop eligibility checker to launch January 3rd; snapshot taken December 31st.
• WalletConnect $WCT season 1 airdrop claim closes January 3rd; claim & stake to earn rewards.
• SyncSwap launches SyncSwap V3; $SYNC token generation event coming soon.
• Robinhood airdrops $2.5M worth of Bitcoin to Gold members in celebration of New Year.
• ICYMI Initia Airdrop Strategy by Earndrop.
• ICYMI ZKsync $ZK airdrop claim closes January 3rd; unclaimed tokens to be sent to the Token Assembly.
• Potential Top TGE Projects In Q1 2025 by Wu Blockchain.
Finance News
• Over $7.11 Trillion added to the US stock market in 2024.
• ⭐️ BRICS adds 9 new countries as partner countries; Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Uganda, & Uzbekistan.
• HIVE Digital $HIVE relocates head office from Vancouver, Canada to Texas, US; cites favorable regulatory conditions & access to a more robust capital market.
• Bit Digital $BTBT to deploy 576 Nvidia GPUs for high-performance computing; represents a revenue opportunity of ~$20.2M over two years.
• X to launch 'X Money' payment system in 2025; X recently obtained money transmission licenses & approval in several states.
Security and Exploits
• Alleged 7-Zip zero-day exploit leaks; 7-Zip author Igor Pavlov dismisses leak as fake & generated by AI.
• ICYMI US Treasury Department hacked by Chinese state-sponsored threat actors; breached through BeyondTrust remote support platform.
Token Unlocks
• Kaspa $KAS / ~$22M / JAN 06th
• Neon $NEON / ~$20M / JAN 07th
• Ethena $ENA / ~$13M / JAN 08th
Sourced from Tokenomist
Funding
• THENA raises an undisclosed amount in funding from Binance Labs.
The Degen Farmer
Top stablecoin yield farms of the day, more than $3,000,000 in TVL. DYOR and step up your farming game!
PROTOCOL | ASSETS | APY |
---|---|---|
Synthetix V3 (Base) | USDC | 48.16% |
Notional V3 (Ethereum) | NUSDC | 45.97% |
SmarDex (Ethereum) | SUSDN | 41.00% |
Usual (Ethereum) | USD0++ | 38.33% |
Indigo (Cardano) | IUSD | 38.25% |
Cetus AMM (Sui) | USDCSUIUSDT | 35.10% |
Curve DEX (Ethereum) | IDAIIUSDCIUSDT | 34.92% |
KiloEx (Op_bnb) | USDT | 32.80% |
Kana Labs: Connected & Simplified Web3 |
Kana Labs: Kana Labs is a DeFi trading suite that simplifies web3 access by offering cross-chain solutions, smart wallets, and tools for DeFi, GameFi, & NFTs. Current products include Gasless Spot Trading, Cross-Chain Aggregation, OPerps, & Perpetual Futures DEX.
🪂$KANA Token: Kana Labs token $KANA is CONFIRMED. With a maximum supply of 300M $KANA tokens, 20% (60M $KANA) is allocated for Ecosystem Incentives. $KANA's token generation event is coming soon—don’t miss your chance to get involved!
Kana Points: Season 2 of the Kana Labs Points & Referral Program is currently live with a reward pool of 5M $KANA tokens. Eligibility is based on daily missions + streak, trading volume, referrals, & more. Season 2 ends January 1st, but Season 3 will begin soon after!
That’s it for today’s edition! See you soon.
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