DeepNewz

Regulation & Politics
CFTC v. Gemini Trial Rescheduled to January 21, 2025, Originally Set for January 13, 2015, Involves 2017 Bitcoin Futures
A New York judge has rescheduled the trial for the Commodity Futures Trading Commission (CFTC) against Gemini Trust Company to January 21, 2025

DeFi
Parcl Achieves $100M Daily Trading Volume as Solana's RWA Sector Grows; OpenCover Reports $100M in Transactions
The Real World Assets (RWA) sector on the Solana blockchain is experiencing significant growth, highlighted by Parcl achieving a record high of $100 million in daily trading volume

TradFi & Fintech
Metaplanet Surges 2200% YTD, CEO Simon Gerovich Says Company Is 'Just Getting Started' with 620 Bitcoin Purchases, Totaling 1,762
Metaplanet has emerged as the best-performing stock in Japan for 2024, with a year-to-date increase of 2,200%

Regulation & Politics
National Bank of Cambodia Approves Category 1 Stablecoin Services, Prohibits Bitcoin on December 27, 2024
The National Bank of Cambodia (NBC) has approved the use of compliant stablecoin services by commercial banks and payment institutions, while prohibiting unbacked cryptocurrencies such as Bitcoin

People
Solana Co-Founder Stephen Akridge Faces Lawsuit from Elisa Rossi Over Millions in Withheld SOL Staking Rewards
Stephen Akridge, a co-founder of Solana, is embroiled in a legal dispute with his ex-wife, Elisa Rossi, over millions in withheld staking rewards from SOL tokens

Regulation & Politics
Montenegro Approves Extradition of Terra's Do Kwon to U.S. After Appeal Rejected
Montenegro's Minister of Justice, Bojan Božović, has signed a decision approving the extradition of Terraform Labs co-founder Do Kwon to the United States, following the rejection of his appeal to cancel the extradition

Blockchains
Berachain and StakeStone's Pre-Deposit Campaign Draws $175M from 35,000 Users in 24 Hours
Berachain, a blockchain project valued at $1.5 billion, has launched a pre-deposit campaign in collaboration with StakeStone

Regulation & Politics
Japan Rejects Bitcoin Strategic Reserve Proposal by Senator Hamada, Citing Volatility and Lack of Data on U.S. and Brazil Initiatives
Japan's government has rejected a proposal to establish a strategic Bitcoin reserve, as suggested by Senator Hamada, citing the cryptocurrency's volatility

Blockchains
Runes Transaction Share on Bitcoin Network Drops to 1.67% as Focus Shifts to Ethereum NFTs and AI Agents
The share of Runes transactions on the Bitcoin network has plummeted to a new low of 1.67%

CeFi
Binance Bitcoin Reserves Drop Below 570,000 BTC, Lowest Since January 2024 Before 90% Surge in March
Bitcoin reserves on Binance have dropped to levels not seen since January 2024, falling below 570,000 BTC





