According to official news, Gate Layer has officially launched its cross-chain bridge function and completed its integration with the cross-chain infrastructure Stargate, bringing more efficient and secure cross-chain asset transfer capabilities to the ecosystem. With the number of on-chain addresses exceeding hundreds of millions and the cumulative transaction volume reaching tens of millions, this upgrade will further enhance Gate Layer's network connectivity, providing developers and users with a smoother multi-chain interaction experience. After the cross-chain bridge is launched, Gate Layer will have more efficient cross-chain asset transfer capabilities, higher network interoperability and ecosystem connectivity, and will significantly improve the scalability and flexibility of dApps in multi-chain scenarios. This functional launch is an important step for Gate Layer in promoting the construction of high-performance, open Web3 infrastructure, and also marks a new stage for the Gate ecosystem towards broader cross-chain interconnection.

According to ChainCatcher, Northern Data, a German AI data center operator partially owned by Tether, sold its Bitcoin mining business, Peak Mining, for up to $200 million in November. The buyers include Highland Group Mining and Appalachian Energy, companies whose directors are Tether co-founder Devasini and CEO Ardoino, highlighting potential conflicts of interest. This transaction occurred shortly after Rumble, a social media platform in which Tether holds nearly a 50% stake, announced a $767 million acquisition of Northern Data. The entities involved have intricate financial connections: Northern Data has a €610 million loan from Tether, and Tether has signed a $100 million advertising agreement and a $150 million GPU services procurement plan with Rumble. In September, Northern Data was investigated by European prosecutors for alleged VAT fraud exceeding €100 million.

According to BlockBeats, analyst @alicharts suggests that Bitcoin is currently testing a mid-term resistance level at $89,000. If Bitcoin successfully breaks through this level, it could potentially rise to between $91,000 and $93,500. However, if it fails to surpass this resistance, a fallback to $84,600 is anticipated. source: https://www.binance.com/en/square/post/34037568915058?utm_source=BinanceNewsRSS

According to BlockBeats, analyst @alicharts suggests that Bitcoin is currently testing a mid-term resistance level at $89,000. If Bitcoin successfully breaks through this level, it could potentially rise to between $91,000 and $93,500. However, if it fails to surpass this resistance, a fallback to $84,600 is anticipated.

According to Odaily, Ray Dalio shared his views on Bitcoin during a podcast with Nikhil Kamath. Dalio highlighted concerns regarding transaction transparency and the potential risk of Bitcoin being compromised, which he believes make it unlikely for central banks and other institutions to hold significant amounts of the cryptocurrency. source: https://www.binance.com/en/square/post/34037566086658?utm_source=BinanceNewsRSS

According to Odaily, Ray Dalio shared his views on Bitcoin during a podcast with Nikhil Kamath. Dalio highlighted concerns regarding transaction transparency and the potential risk of Bitcoin being compromised, which he believes make it unlikely for central banks and other institutions to hold significant amounts of the cryptocurrency.

In a podcast with Nikhil Kamath, Ray Dalio stated that Bitcoin is unlikely to be held in large quantities by central banks and many other institutions due to key issues such as transaction transparency and the risk of Bitcoin being hacked.

Leading cryptocurrencies gained on Sunday evening as investors position themselves to capture gains during Christmas week. source: https://www.benzinga.com/crypto/cryptocurrency/25/12/49528684/bitcoin-ethereum-xrp-dogecoin-gain-alongside-stock-futures-analyst-sees-btc-hitting-93500-on-breakout-above-this-level?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=referral

null source: https://x.com/lookonchain/status/2002928741937479703

According to ChainCatcher, Cardano founder Charles Hoskinson has issued a warning regarding quantum-resistant encryption. Although the U. S. National Institute of Standards and Technology (NIST) is set to standardize these encryption methods by 2024, Hoskinson cautions that without hardware acceleration support, the computational costs and data size could significantly reduce blockchain throughput, potentially resulting in a performance loss of about one order of magnitude source: https://www.binance.com/en/square/post/34037256107689?utm_source=BinanceNewsRSS

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