Odaily Planet Daily reports that SEC Chairman Paul Atkins warned at a roundtable discussion of the SEC's Cryptocurrency Working Group on December 15th that cryptocurrencies could become a tool for financial surveillance if not properly regulated. Atkins stated that blockchain's efficient ability to link transactions and individuals has raised concerns about excessive government intervention. He cautioned that treating every cryptocurrency wallet and transaction as a surveillance target could lead to the creation of a financial surveillance system. Atkins also pointed out that a balance can be struck between national security needs and individual privacy. As traditional finance enters this field, the debate over cryptocurrency privacy has gained increasing attention, and recent criminal cases have highlighted the regulatory challenges.

In the past hour, total liquidations across the network reached $10.61 million, with $9.62 million from long positions, with $993,068.44 from short positions. BTC liquidation $550,527.32, ETH liquidation $2.88 million.

Odaily Planet Daily reports that Magic Eden announced on the X platform that the Ordinals buyback is now live, with 15% of the proceeds going towards adding Ordinals to our permanent collection. The buyback is automatic; it begins when the proceeds are sufficient to purchase one Ordinal.

Huoxun Finance reports that AetherGames, a blockchain game studio previously supported by MystenLabs, has announced its closure. AetherGames stated, "We have done everything in our power to maintain Aether's operations. We were fully committed to the card game project, striving to adapt to market changes and adjust our direction, and we made considerable efforts to explore a sustainable development path. However, we ultimately failed." AetherGames reflected on several factors that led to its failure: during the token generation event, the dishonesty of numerous KOLs and partners consumed a significant amount of liquidity; marketing agencies failed to deliver on their promises, while high ongoing operating costs (including auditing, compliance, and listing fees) continuously drained funds; and recently, it received delisting risk notices from several major exchanges. The project team admitted that at the current stage, they did not see a sustainable business model for crypto games that could support developers in the long term. For security reasons, the project will close its Discord channel and remind users to be wary of fraudulent links and wallet theft attempts related to this event. Previously, in May 2023, AetherGames completed a $4.5 million equity financing round, with MystenLabs, Polygon, and others participating. According to River, 14 of the 25 largest banks in the US are developing Bitcoin products for their clients. The New York State Retirement Fund increased its holdings in Strategy to $50 million, according to BitcoinTreasuries.NET. Monad's on-chain transaction fee revenue has been below $5,000 for five consecutive days. Defillama data shows that Monad's on-chain transaction fee revenue has been below $5,000 for five consecutive days, reaching only $3,824 on December 15th. On November 25th, Monad's on-chain transaction fee revenue peaked at $42,300. A whale/entity transferred $11.67 million worth of ASTER tokens to Binance. According to on-chain analyst @ai_9684xtpa, on December 10th, a whale/entity that had accumulated 12.43 million ASTER tokens deposited all of its tokens, worth $11.67 million, into Binance 9 hours prior. The offer price was $0.9705, and the deposit price was $0.8688. Selling would have resulted in a loss of $1.367 million. ASTER is currently priced at $0.806, having fallen below CZ's initial purchase price of approximately $0.913. Nakamoto transferred another 705 BTC to its Kraken loan collateral wallet. According to EmmettGallic, Bitcoin treasury company Nakamoto (formerly KindlyMD) transferred another 705 BTC (worth $60 million) to its Kraken loan collateral wallet, bringing its total collateral assets on Kraken to 3,717 BTC (worth $320 million). Sberbank, Russia's largest bank, is testing a range of DeFi products, according to DLNews. The bank stated that it is testing a series of DeFi products given its customers' growing interest in trading and holding cryptocurrencies. Anatoly Popov, Deputy Chairman of the Board of Management of Sberbank, told RBC that the bank will "work with regulators to develop digital asset products," adding, "Sberbank is already testing various DeFi products. We firmly believe that traditional banking and DeFi will soon converge." Popov did not mention specific DeFi protocols. He further stated, "We are not limited to private networks. Sberbank is also working on projects involving the use of public blockchains for specific purposes, such as asset tokenization or establishing connections with DeFi platforms." He said the bank is interested in operating on "networks with well-developed infrastructure and powerful smart contract tools, such as Ethereum," because networks like Ethereum "offer flexible integration options, ensure transparency, and facilitate access to international markets." Popov summarized, "Tokenized assets are being actively tested globally. Russia is now moving in this direction as well." The "1011 Insider Whale" has seen its unrealized losses widen to over $50 million. According to OnchainLens monitoring, the "insider whale" that shorted the stock after the October 11 flash crash is facing unrealized losses exceeding $50 million, with its total profits declining from $119.6 million to $50.47 million. Japan's Startale and SBI will launch a regulated yen stablecoin. According to Techinasia, Japanese blockchain infrastructure company Startale Group and Japanese financial group SBI Holdings plan to launch a fully regulated, yen-pegged stablecoin by the second quarter of 2026 to support global settlements. The two parties will collaborate on the development of this digital currency under a new agreement. Shinsei Trust & Banking will be responsible for the issuance and redemption management of the stablecoin, while SBIVCTrade, a licensed crypto exchange, will be responsible for its circulation. This yen stablecoin will be issued by a trust bank and is intended for global settlements and institutional use. Startale will be responsible for technology development, while SBI will focus on compliance, regulatory oversight, and issuance promotion. Huang Licheng has been liquidated 200 times since the market crash on October 11th, with total losses exceeding $22.88 million. According to Lookonchain monitoring, Huang Licheng (@machibigbrother) has experienced 10 more liquidations, bringing his total losses to over $22.88 million since the market crash on October 11th. His account now only has $53,178 remaining. a16zcrypto transferred 276,000 COMP to Coinbase Prime. According to on-chain analyst Ember, two hours ago, crypto venture capital firm a16zcrypto transferred 276,000 COMP ($7.6 million) to Coinbase Prime. a16z is the lead investor in Compound, having invested 1 million COMP (10% of the total COMP supply) in March 2020. Currently, the main holdings of addresses on the a16z chain are 64 million UNI (US$325 million) and 19.51 million OP (US$5.71 million), with no COMP remaining. Nasdaq will formally apply for 5x23 hour trading. According to foreign media reports cited by Jinshi, Nasdaq plans to submit documents to the U.S. Securities and Exchange Commission on Monday to launch 24/7 stock trading services. Nasdaq plans to extend the trading hours for stocks and exchange-traded products (ETPs) from the current 16 hours per day, five days a week, to 23 hours. Nasdaq's new "5x23" model will be divided into two main trading sessions: ① Daytime session: from 4:00 AM to 8:00 PM Eastern Time. This session will continue to include pre-market, regular, and after-hours trading sessions, with the opening (9:30 AM) and closing (4:00 AM) bells for the regular trading session retained. ② Night session: from 9:00 PM to 4:00 AM the following day. Transactions executed between 9 PM and midnight during this period will be considered transactions for the next calendar day. Under the new plan, the trading week will begin at 9 PM Sunday and end at 8 PM Friday after the daytime session. The number of active Bitcoin addresses has fallen to its lowest level in a year, raising renewed concerns about block space demand. According to The Block, as the year-end approaches, Bitcoin network activity has fallen to its lowest level in 12 months, with the 7-day moving average of active addresses dropping to 660,000. While a seasonal slowdown is expected, several network metrics have already shown weakness. Currently, the number of active addresses is at its lowest level since December 2024, when network activity peaked due to the speculative frenzy surrounding Ordinals and Runes. The weak network activity has also put downward pressure on miners' economics. Miners' daily revenue has fallen from an average of $50 million in the third quarter to approximately $40 million. Almost all of this revenue comes from block subsidies, rather than transaction fees, highlighting the limited demand for Bitcoin block space. Unusual dynamics have emerged in the composition of Bitcoin transactions. Currently, rune transactions account for a larger proportion of total network transaction volume, but contribute only 5% to 10% of total fee revenue, raising concerns about block space requirements. When half of Bitcoin's transaction throughput generates negligible fees, it indicates a mismatch between network utilization and value creation. A new wallet withdrew 3,301 ETH from Kraken and used it to purchase 51,373 AAVE. According to OnchainLens monitoring, a newly created wallet withdrew 3,301 ETH (worth $9.75 million) from Kraken and used it to purchase 51,373 AAVE, with an average transaction price of $189.79. Ripple co-founder Jed McCaleb's space startup Vast is in talks for a $2 billion funding round. According to Forbes, sources familiar with the matter revealed that Vast, a startup aiming to build the world's first commercial space station, is negotiating a $300 million funding round, valuing the company at $2 billion. The source indicated that Balerion Space Ventures will lead this funding round, noting that negotiations are ongoing and the figures are subject to change. To date, the company has been primarily self-funded by Jed McCaleb, founder of crypto companies Ripple and Stellar, who has amassed billions of dollars. He has stated his willingness to invest up to $1 billion of his personal wealth. Vast plans to launch its first space station prototype, "Haven-1," in 2026 and begin sending components of its next space station, "Haven-2," in 2028, intended to replace NASA's International Space Station. Previously, in March of this year, Ripple co-founder Jed McCaleb shared information about Vast's multi-billion dollar space station plans. PayPal Launches PYUSD Savings Vault on Spark Platform: According to The Block, PayPal is launching the PYUSD Savings Vault on its decentralized lending platform Spark, providing its stablecoin users with a new way to generate returns on their assets at an annualized yield (APY) of 4.25%. The PYUSD Savings Vault's yield is pegged to the Sky Savings Rate, which is funded by revenue from the Sky protocol. Crypto Bank Anchorage Acquires Securitize's Wealth Management Unit: According to The Block, Anchorage Digital, the first federally chartered crypto bank in the US, has acquired SecuritizeForAdvisors, the wealth management unit of tokenization company Securitize. The terms of the transaction were not disclosed. This move will help Anchorage expand its financial advisory services for registered investment advisors. Anchorage will absorb the SecuritizeForAdvisors team and front-end platform. According to the announcement, SecuritizeForAdvisors has grown by over 4500% in the past year, with record highs in new deposits and net assets under management. Securitize CEO Carlos Domingo noted that its advisory division has been "incredibly successful," but the sale will allow Securitize to focus on its "core business." Trump says he will "consider" pardoning Samourai developer. According to Decrypt, on Monday, US President Trump stated that he is willing to consider pardoning convicted Samourai wallet developer Keonne Rodriguez, noting that he is aware of the case. Circle to acquire InteropLabs team and intellectual property; Axelar to remain independent. According to Cointelegraph, stablecoin issuer Circle has signed an agreement to acquire the InteropLabs team and its proprietary technology, bringing core contributors to the Axelar network into its infrastructure business. The deal, expected to close in early 2026, covers InteropLabs personnel and proprietary intellectual property, while the Axelar network, its foundation, and the AXL token will remain independent and community-governed. MetaMask adds native support for Bitcoin, continuing its multi-chain expansion. According to The Block, Ethereum wallet MetaMask continues its multi-chain expansion and now natively supports Bitcoin. MetaMask users can now directly purchase Bitcoin with fiat currency, conduct on-chain Bitcoin network transfers, and exchange native EVM assets and SOL for Bitcoin. The latest version of MetaMask will be the first to support native Segregated Witness (SegWit) addresses and plans to add support for Taproot addresses "soon." SEC Chairman: Cryptocurrencies Could Become a "Powerful Financial Surveillance" Tool, But There Are Ways Without Sacrificing Privacy. According to The Block, SEC Chairman Paul Atkins stated that he believes there is a way forward that balances national security concerns with individual privacy protection, but warned that excessive government intervention could tip the scales too far. On Monday, at the SEC's Cryptocurrency Task Force's sixth cryptocurrency roundtable, Atkins cautioned that blockchain is particularly efficient at linking transactions to senders, and if misdirected, cryptocurrencies could "become the most powerful financial surveillance architecture ever." Atkins stated, "Indeed, if the government's instinct is to treat every wallet as a broker, every piece of software as an exchange, every transaction as a reportable event, and every protocol as a convenient monitoring node, then the government will turn this ecosystem into a financial panopticon." However, Atkins indicated that there are ways to balance innovation and privacy. He said, "I firmly believe that we can work together to build a framework that ensures technological progress and financial development do not come at the expense of individual freedom." BTC fell below $86,000, down 1.30% intraday. OKX data shows that BTC has just fallen below $86,000, currently trading at $85,911.90 per coin, down 1.30% intraday. Huang Licheng's ETH long positions were liquidated again, with 600 ETH being liquidated, resulting in a loss of $97,000. According to Hyperbot data, Huang Licheng's ETH long positions were recently liquidated, with 600 ETH being sold off, resulting in a loss of $97,000. Currently, it still holds 1,700 ETH long positions, worth approximately $5.11 million, with a floating loss of $260,000. Hackers exploited a vulnerability in the React JavaScript library to inject code that steals funds from cryptocurrency wallets into websites, primarily on cryptocurrency platforms. On December 3rd, the React team released a patch for the CVE-2025-55182 vulnerability, which allows unauthenticated code to run on remote computers. The React team strongly recommends that all affected modules be upgraded immediately to prevent further exploitation. The Security Alliance (SEAL), a cybersecurity NGO, pointed out a significant increase in such attacks against well-known crypto websites, emphasizing that attackers are using this vulnerability to upload malicious "funds stealers." These "funds stealers" trick users into approving fake transactions by mimicking real pop-ups or reward claim information on well-known domains. CME Group launched spot-priced XRP and SOL futures contracts today, according to PR Newswire. The spot-priced XRP and SOL futures contracts will complement existing spot-priced Bitcoin and Ethereum futures contracts, and both can be traded across markets with the four major U.S. stock index futures—including the S&P 500, Nasdaq 100, Russell 2000, and Dow Jones Industrial Average. Furthermore, these contracts allow investors to trade futures positions on spot market terms and enjoy the added advantage of longer expiration dates, eliminating the need for periodic position rollovers. Currently, Strategy's Bitcoin holdings have a floating profit of $9.618 billion, while Bitmine's Ethereum holdings have a floating loss of $3.019 billion. According to on-chain analyst Ember's monitoring, the largest Bitcoin and Ethereum treasury companies increased their holdings last week as follows: Bitcoin treasury company Strategy (MSTR) increased its holdings by 10,645 BTC ($980 million) at a price of $92,098. They now hold a total of 671,268 BTC ($59.944 billion), with an average cost of $74,972, resulting in a floating profit of $9.618 billion. Ethereum treasury company Bitmine (BMNR) acquired 102,259 ETH ($325 million) last week at approximately $3,182 per coin. They now hold a total of 3,967,210 ETH ($12.476 billion), with an average cost of $3,906, resulting in a paper loss of $3.019 billion. Bittensor completed its first halving, reducing daily TAO issuance to 3,600. The daily release of Bittensor (TAO) has decreased from 7,200 TAO to 3,600 TAO, and the block reward has been reduced to 0.5 TAO per block. Charles Schwab adds Solana and MicroSolana futures products. According to Businesswire, Charles Schwab announced a new upgrade to its trading platform, covering the Schwab.com website, the SchwabMobile mobile application, and the thinkorswim platform, to meet the growing demand from clients driving retail trading. In addition, Charles Schwab's futures trading clients can now trade 17 new futures products, including 1-ounce gold futures (/1OZ), Solana futures (/SOL), and MicroSolana futures (/MSL). Ondo Finance announced on its X platform that its tokenized stock and ETF platform will launch on the Solana chain in early 2026. Ondo stated that this is currently the largest tokenized stock and ETF platform, designed to bring Wall Street liquidity to the internet capital markets. Ripple's stablecoin RLUSD expands to L2 networks, adopting Wormhole's NTT standard. According to its official blog, Ripple announced the first expansion of its stablecoin RLUSD to Layer 2 networks. Ripple will collaborate with the cross-chain interoperability protocol Wormhole and the NTT token standard to launch testing on Optimism, Base, Ink, and Unichain. Ripple expects to launch RLUSD on more chains after receiving final regulatory approval next year. Subsequent launches of RLUSD on other chains are subject to testing and approval by the New York Department of Financial Services. It is understood that RLUSD was initially issued only on XRPL and Ethereum. AaveDAO opposes the idea that protocol front-end fees no longer flow to the treasury. According to CoinDesk, an internal debate within AaveDAO has raised questions about who controls the protocol interface and who benefits financially from it. Earlier this month, AaveLabs integrated CoWSwap into the app.aave.com interface, replacing the Paraswap route previously used for collateralized swaps. Representatives pointed out that this prevents swap-related fees from flowing into AaveDAO's treasury. Orbit representative EzR3aL stated that this integration introduced approximately 15 to 25 basis points of front-end fees, which flowed to external recipients instead of the DAO. On-chain data shows that Ethereum associated with the CoWSwap partner fee mechanism is distributed weekly across multiple networks, potentially amounting to tens of millions of dollars annually. The core of the debate is the distinction between "protocol and product." AaveLabs stated in a forum response that the interface is operated, funded, and maintained independently of the protocol governed by the DAO. In this model, the DAO controls on-chain parameters, interest rates, and protocol-level fees, while AaveLabs has autonomy over optional application-level functions. However, Marc Zeller of ACI points out that the monetization revenue from the aave.com frontend should have supported the DAO, but the CoWSwap solver relies on external free flash loans, bypassing Aave facilities, further reducing DAO revenue. BitMine: Currently holding over 3.2% of the ETH token supply, with total assets of $13.3 billion. According to PR Newswire, Nasdaq-listed Ethereum treasury company BitMine disclosed that it currently holds over 3.2% of the Ethereum token supply. BitMine's cryptocurrency, cash, and "Moonshots" total $13.3 billion, including approximately 3.97 million ETH, $1 billion in uncollateralized cash, and other cryptocurrency assets. As of December 14th, Eastern Time, the company's cryptocurrency holdings included 3,967,210 ETH and 192 BTC. In addition, the company also holds $38 million worth of Eightco Holdings shares and a total of $1 billion in cash. Bitmine increased its ETH holdings by 102,259 last week, worth $321 million, according to OnchainLens monitoring. Currently, they hold a total of 3,967,210 ETH, with a total value of $12.45 billion. A whale has closed its 35-day long BTC position, facing a loss of $7.79 million. According to OnchainLens monitoring, a whale has closed its 20x leveraged long BTC position, facing a loss of $7.79 million after holding it for 35 days. The whale has already lost a total of $7.07 million. Simultaneously, the whale opened a 2x leveraged long ZEC position. Strategy Invests $980.3 Million to Acquire 10,645 Bitcoins. Strategy disclosed that last week it purchased 10,645 Bitcoins at a price of approximately $92,098 per Bitcoin, achieving a 24.9% return on Bitcoin as of the beginning of 2025. As of December 14, 2025, Strategy will hold 671,268 Bitcoins, purchased at approximately $74,972 per Bitcoin, worth approximately $50.33 billion. Binance Alpha Begins Second Round of OKZOO (AIOT) Airdrop Rewards. According to the official announcement, the second round of the OKZOO (AIOT) airdrop rewards from Binance Alpha has begun. Users with at least 230 Binance Alpha Points can receive 160 AIOT tokens on a first-come, first-served basis. If the reward pool is not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes. Please note that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claim on the Alpha event page within 24 hours, otherwise they will be considered to have forfeited their claim. MANTRA: Token Code Change and 1:4 Token Split to Take Place on January 19th. MANTRA, a Layer 1 blockchain focused on RWA assets, announced on the X platform that its token upgrade timeline is set. On January 19, 2026, the token code will be changed from OM to MANTRA, and a 1:4 token split will occur. The target block is 11,888,888, and the split ratio is 1 OM → 4 MANTRA. OM holders on the MANTRA chain do not need to take any action. Bitwise Submits Revised Documents for HyperliquidETF, Adding Fees, Stock Code, and Other Information. On December 15th, Bloomberg ETF analyst Eric Balchunas posted on the X platform that Bitwise has just submitted revised documents for its HyperliquidETF, adding Clause 8(a), a fee rate (0.67%), and a stock code (BHYP). This typically indicates that the product is about to be launched. Crypto fund C1Fund (NYSE:CFND) has announced the purchase of a stake in Ethereum software company ConsenSys, according to Businesswire. The specific purchase amount and stake percentage were not disclosed. This is the sixth company the fund has publicly announced as part of its portfolio since its IPO on August 7, 2025. Other companies invested in by C1Fund include Kraken, Ripple, Figment, Chainalysis, and Alchemy. Aster's Phase 3 airdrop is now open for collection and will close on January 15, 2026. Aster announced on its X platform that the Phase 3 airdrop is now open for collection. The collection period is from 20:00 (UTC+8) on December 15, 2025 to 20:00 (UTC+8) on January 15, 2026. AmericanBitcoin recently increased its holdings by 261 BTC, bringing its total holdings to 5044. AmericanBitcoin, a cryptocurrency mining company backed by the Trump family, disclosed that its total Bitcoin reserves have increased to 5044, an increase of 261 BTC since the data disclosed on December 10th. Payment giant Visa launched a stablecoin advisory service. According to Fortune magazine, payment giant Visa announced on Monday the launch of a stablecoin advisory service aimed at helping fintech companies, banks, and other businesses develop and implement stablecoin strategies. Visa's stablecoin advisory service has dozens of clients, including Navy Federal Credit Union, VyStar Credit Union, and a financial institution called Pathward. The service will help businesses develop stablecoin strategies, technology, and operational plans, and implement stablecoins. CoinShares: Digital asset investment products saw net inflows of $864 million last week. According to CoinShares' latest weekly report, digital asset investment products saw total inflows of $864 million last week. This marks the third consecutive week of moderate inflows, reflecting a growing sense of optimism among investors while maintaining a cautious stance. Despite the recent interest rate cut by the Federal Reserve, price performance remains sluggish, with mixed market sentiment and uneven fund flows on post-rate-cut trading days. Nevertheless, Bitcoin's performance this year remains relatively weak, with year-to-date inflows of $27.7 billion, compared to $41 billion in 2024. Ethereum saw inflows of $338 million last week, bringing its year-to-date inflows to $13.3 billion, a 148% increase compared to 2024. Solana's year-to-date inflows remain low at $3.5 billion, but are still ten times higher than in 2024. Aave and Chainlink attracted inflows of $5.9 million and $4.1 million respectively last week, while Hyperliquid saw an outflow of $14.1 million. Binance Alpha will list MagmaFinance (MAGMA). According to official news, Binance Alpha will list MagmaFinance (MAGMA) on December 16th. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page after Alpha trading opens. Specific details will be announced separately. The US SEC has dropped 60% of crypto cases inherited from the Biden era, most of which have business dealings with the Trump family. According to the New York Times, when Trump returned to the White House, over 60% of the cryptocurrency cases the SEC was handling received lenient treatment, with the SEC taking action to suspend proceedings, reduce penalties, or withdraw cases outright. The US SEC is no longer actively investigating any companies associated with Trump. JPMorgan Chase launches tokenized money market fund on Ethereum. According to the Wall Street Journal, JPMorgan Chase is launching "MyOnChainNetYieldFund" (MONY), a tokenized money market fund issued on the Ethereum blockchain, with an initial investment of $100 million. DBS Bank received another 2,000 ETH from Galaxy Digital 7 hours ago. According to TheDataNerd, 7 hours ago, Singapore's largest bank, DBS Bank, received another 2,000 ETH (approximately $6.27 million) from Galaxy Digital. Currently, the bank holds 158,770 ETH (approximately $499 million) and 7,861 BTC (approximately $706.5 million).

Huoxun Finance News, December 16th - According to its official blog, Animoca Brands announced that it has signed a letter of intent with investment and asset management platform GROW Investment Group (GROW). Under the letter of intent, Animoca Brands will establish a strategic partnership with GROW and make an equity investment in GROW Asset Management (HK) Limited. GROW Asset Management (HK) Limited will subsequently be renamed GROW Digital Wealth (GDW) and become GROW's flagship platform. According to the proposed cooperation agreement, Animoca Brands and GROW will develop GDW into one of the first platforms in Asia to simultaneously offer cryptocurrency and traditional financial investment products to family offices and ultra-high-net-worth individuals. GDW holds Type 1 (Securities Dealing), Type 4 (Securities Advisory), and Type 9 (Asset Management) licenses issued by the Hong Kong Securities and Futures Commission. AnimocaBrands plans to bring crypto assets (including real-world assets) to the GDW platform, while GROW will bring its curated selection of investment products to GDW. Independent Financial Advisors (IFAs) will be able to offer their clients both cryptocurrency and traditional financial products through GDW's institutionally compliant platform. As part of the proposed transaction, AnimocaBrands plans to acquire up to 15% of GDW's equity, subject to a final agreement and any necessary approvals.