👀 USDT Listing Uncertainty Looms With MiCA Deadline

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Bitcoin ETFs pull in $475 million on Boxing Day
Hackers made off with $2.9 billion of crypto in 2024
MOODENG rallies after Vitalik adopts hippo
Berachain vaults attract $200 million on the first day
BONK memecoin to burn 2% of supply
Crypto community rallies around MIRA token
Kaito NFT mint sparks controversy

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DIA Lasernet is live on testnet: the first Layer-2 rollup designed for oracle infrastructure, built in collaboration with Conduit, OP Stack, Celestia & Hyperlane.

Impossible Cloud Network (ICN) is a revolutionary cloud platform that connects enterprise-grade hardware with cloud service providers. ICN is building an open cloud that is more performant than typical web2 providers while being more cost-effective so that the largest companies in the world will run their operations in it.

What would you build better? That's what Stellar asks in their new initiative. Share your vision of better futures for finance, creativity, access and more for a chance at a $30K USD prize pool. The top submissions will be used for inputs for the Stellar developer community to build products with real-world impact.

👀 Tether Faces Pressure as EU MiCA Compliance Deadline Looms

Tether, the world’s largest stablecoin, could face removal from European exchanges if it fails to comply with MiCA, which aims to standardize EU market rules for crypto-assets. The deadline for complying is today, Dec. 30.

👑 Coingecko Report Crowns Memecoins as Leading Crypto Narrative in 2024

Memecoins were by far the most popular crypto narrative in 2024, capturing 14% of global investor interest, according to a recently released report by Coingecko. Besides the main meme coin narrative, four other meme coin trends made the top 20.

🔎 IRS Demands KYC for DeFi in “Unlawful” Tax Reporting Rule

The Internal Revenue Service (IRS), the tax and revenue enforcement agency of the U.S. government, finalized its broker rule, which will require know-your-customer (KYC) for DeFi front-ends by 2027.

📈 Magic Eden’s Token Rallies As Trading Volume Rebounds to Highest Since August

Solana-based NFT marketplace Magic Eden's native token (ME) rallied as trading activity climbed to the highest since August.

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Stellar has launched Build Better, a new initiative intended to bridge the gap between Web3's ambitious visions and making an impact in the real world. The campaign invites community members to share their ideas for improving the worlds of finance, creativity, and access, with the best concepts being developed at an upcoming hackathon in Prague.

Over eight weeks, the initiative will collect community input through polls, questions, and video submissions, focusing on the central question: "What would you build better?" These ideas will shape hackathon tracks where developers will then work to bring them to life. Participants can win from a $30K USD prize pool.

🇸🇬 Singapore Tops Hong Kong in Blockchain Rankings as U.S. Lags

Singapore leads Hong Kong in blockchain adoption, and both Asian jurisdictions are well ahead of the United States.

🪂 Suilend TVL Surpasses $500 Million after Airdrop

Suilend, a lending platform on the Sui blockchain, has surpassed $500 million in total value locked (TVL), making it the largest decentralized finance (DeFi) platform on the network.

🤝 Aethir and Injective Partner To Launch Tokenized GPU Marketplace

Aethir, a decentralized cloud computing infrastructure provider, and Injective, a Binance-backed Layer 1 (L1) blockchain, have teamed up to launch a marketplace for tokenized graphic processing unit (GPU) resources. Aethir said the partnership aims to democratize access to GPU resources for AI development.

🔥 Bitget Token Hits All-time High after $5B Burn Announcement

The Bitget exchange’s BGB token is soaring after the company announced plans to burn 40% of the total supply. Bitget announced a merger between its exchange token, BGB, and its BWB wallet token. The new BGB token is up about 525% since the beginning of December.

🌍 ELSEWHERE

BlackRock’s Bitcoin Fund Became ‘Greatest Launch in ETF History’(Bloomberg)
Malaysia’s securities regulator orders Bybit to halt operations (CoinTelegraph)
Hong Kong lawmaker advocates including Bitcoin in national reserves (Crypto Slate)