πͺ Global Crypto Market
π 1. Telegram becomes a hub for shadow economy ($2 billion)
Chinese-speaking users process $2 billion in transactions through Telegram monthly, according to WIRED and Elliptic. Two largest markets: Tudou Guarantee and Xinbi Guarantee offer fraud tools and illegal services.
π ForkLog
π§ 2. Liquidity depletion in crypto market
Co-founder of ETH Strategy protocol pointed to complete lack of liquidity after October's crash. Open interest on BTC futures dropped $3 billion overnight, on ETH β $2 billion. Options expiration on December 26: $28.5 billion.
π ForkLog
πΎ 3. Polymarket confirmed hack of user accounts
Several users were affected by a hack through a vulnerability at third-party provider Magic Labs. The issue affected clients who used email login and non-custodial Ethereum wallets.
π ForkLog
π¦ 4. BlackRock: BTC-ETF was one of three largest investment themes in 2025
BlackRock states that its BTC-ETF became one of three largest investment themes in 2025, alongside Treasury bills and largest US tech companies.
π ΠΡΠΈΠΏΡΠΎΠΡΠ°ΠΊΠ° 24
π 5. Major whale transfers
BitMine acquired another 67,886 ETH ($201M); 66kETHBorrow bought 40,975 ETH ($121M); Trump Media transferred 2000 BTC ($174.76M).
π ΠΡΠΈΠΏΡΠΎΠΡΠ°ΠΊΠ° 24
π 6. SEC published guide on secure cryptocurrency storage
US Securities and Exchange Commission published an educational guide on cold wallets, risks of centralized platforms, and seed phrase storage rules. Special attention β transparency of custodial services.
π CryptoAnt
π·πΊ 7. Russia allowed digital joint-stock companies based on DFA
Russia allowed creating digital joint-stock companies based on DFA (Digital Financial Assets) as an alternative to IPO. Shareholder registry is maintained on blockchain through a licensed registrar.
π CryptoAnt
π¦ 8. JPMorgan launched money market fund on Ethereum
JPMorgan launched My OnChain Net Yield (MONY) fund on Ethereum blockchain for qualified investors.
π CryptoAnt
π 9. Visa started offering USDC settlements to US banks
Visa opened USDC settlements for US banks, expanding stablecoin integration into the traditional financial system.
π CryptoAnt
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