According to Odaily, the decentralized autonomous wireless network project DAWN's social media account on platform X has been compromised. The account was used to post phishing links. Users are advised to exercise caution and avoid interacting with these links to prevent potential risks.

According to Odaily, a recent report by DappRadar highlights a significant decline in the NFT market for 2024. The report indicates that NFT trading volume fell by 19% compared to 2023, reaching $13.7 billion, while the number of sales decreased by 18% to just under 50 million. This downturn marks 2024 as one of the weakest years since 2020. DappRadar notes that the NFT market experienced notable fluctuations throughout the year. In the first quarter, trading volume increased by 4% from the same period in 2023, reaching $5.3 billion. However, this momentum was short-lived, as the volume dropped to $1.5 billion in the third quarter before rebounding to $2.6 billion in the fourth quarter. The report also reflects on the NFT market's peak in 2022, when it achieved mainstream recognition. That year, trading volume soared to $57.2 billion, with the number of transactions reaching 121.7 million, marking it as the best year on record for NFTs.

According to DappRadar’s recently released 2024 Dapp Industry Report, NFT transaction volume in 2024 fell 19% from 2023 to $13.7 billion, while the number of sales fell 18% to just under 50 million, “making 2024 one of the worst performing years since 2020.” DappRadar added that the NFT market has seen significant fluctuations, with transaction volume in the first quarter increasing 4% to $5.3 billion compared to the first quarter of 2023. However, “the momentum was short-lived” as transaction volume fell to $1.5 billion in the third quarter and rebounded to $2.6 billion in the fourth quarter. In addition, NFTs had their best year ever in 2022, when they first entered the mainstream, with transaction volume reaching $57.2 billion and transaction counts reaching 121.7 million.

DWF Labs co-founder Andrei Grachev posted on X: "We are looking for high-quality DeFAI projects to invest in and support. If you are interested, please contact DWF Labs."

The X account of the decentralized autonomous wireless network project DAWN (@dawninternet) was hacked and released phishing links. Please be aware of the risks.

According to PANews, the U.S. Commodity Futures Trading Commission (CFTC) recently announced that the Federal District Court for the Southern District of Florida has issued a final default judgment against Mosaic Exchange Ltd. and its CEO, Sean Michael. The court has ordered them to pay approximately $468,600 in restitution, $61,000 in disgorgement of ill-gotten gains, and a civil penalty of $660,000, totaling over $1.1 million. Additionally, the defendants are permanently banned from registering with the CFTC and participating in markets under its regulation. The case revealed that between February 2019 and June 2021, the defendants misled clients into investing in Bitcoin and other digital assets through false advertising. They claimed to manage tens of millions of dollars in assets with high profitability, but in reality, the promised returns were not achieved, and some client funds were used for personal expenses. The CFTC has advised the public to be cautious of commodity pool fraud and recommends verifying the CFTC registration information of companies before investing.

The sudden rise in RedNote's popularity in the U.S. has experts warning it’s being orchestrated behind the scenes. source: https://decrypt.co/301023/tiktok-influencers-flex-their-power-one-more-time-for-rival-rednote

Jupiter will hold a "Community Rally" (J.U.P. RALLY) event at 15:30 UTC on January 15 (23:30 Beijing time) to discuss changes in the distribution rules of Jupuary (i.e. Jupiter airdrop) and the progress of airdrop inquiries.

DappRadar found the NFT market last year was the worst since 2020 for trading and sales volumes, with both falling nearly 20% over 2024. source: https://cointelegraph.com/news/nfts-2024-worst-year-since-2020-dappradar?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to Lookonchain monitoring, in the past 22 hours, a whale deposited 6 million USDC into Hyperliquid and shorted HYPE at an entry price of $22.55, currently losing $46,600.

Cryptocurrencies are a unique high-volatility alternative asset class that may help improve risk-adjusted returns when added to traditional investment portfolios.

Thaksin Shinawatra has called for legalising online gambling and adopting cryptocurrencies in Thailand to boost government revenue and modernise the economy. The Thai government is already exploring cryptocurrency payments in Phuket and conducting trials of a central bank digital currency.

“With Gary Gensler in the dumpster in Washington, we have a golden opportunity to ensure that the future of digital assets is American-led,” Emmer said.

The U.S government is asking American citizens not to give their personal data to a Chinese company, but citizens are replying to the government's plea with a middle finger. As the country is waiting for the TikTok ban to go into effect on Jan 19, Chinese social media app Xiaohongshu (colloquially known as Red Note) has become the most downloaded app overnight.

New spot Bitcoin and Ethereum exchange-traded products expand market access, and the U.S. Congress may bring greater regulatory clarity. For these reasons, cryptocurrency valuations may eventually transcend the four-year cycles seen in the market’s early history.

These AI-powered glasses promise a fast, seamless user experience with extended reality features, potentially ushering in a "post-smartphone era." By processing data locally and rewarding users with crypto, they enter a competitive market—but are they a breakthrough or just a gimmick?

In December 2024, the U.S. Internal Revenue Service (IRS) released the final version of the new tax reporting rules for crypto asset brokers, marking a new stage in the U.S. crypto asset tax system.

Despite the wild swings in December, Bitcoin’s volatility remains fairly tame by historical standards.

I hope that our readers can put aside their emotions when they are anxious, and ask themselves whether the situations that may happen today and in the future are what we have anticipated in advance?

The US, Japan, and South Korea condemned North Korea’s rising cyber threats, urging stronger public-private collaboration. But the question remains about how they will adapt its strategy against North Korean hackers.