DeFilama data shows that as of December 11, the supply of USDe exceeded 5.5 billion and is currently 5.564 billion, setting a new record high and increasing by 15.44% in the past 7 days.

Cardano founder Charles Hoskinson said in an article on X that Bitcoin DeFi is a mission-critical roadmap that Input Output Global (IOG) will pursue in 2025. To this end, he set a goal for the team to create a meaningful demo before the Bitcoin 2025 conference in May 2025. Hoskinson said that he will work with the multi-party computing protocol Fair Gate Labs to achieve these goals. In addition, the partnership will also extend to community projects and wallets. Although no specific timeline for the minimum viable product (MVP) was provided, Hoskinson said there is still a lot of work to be done.

According to Odaily, South Korea's opposition party is preparing to hold a vote on an impeachment motion. The vote is scheduled for December 14 at 5 PM local time (UTC+8). This development comes amid heightened political tensions in the country, as the opposition seeks to challenge the current administration's policies and leadership. The decision to proceed with the impeachment vote reflects the opposition's growing dissatisfaction with the government's handling of various issues. The move is expected to intensify the political climate in South Korea, as both supporters and opponents of the impeachment prepare for the upcoming vote. The outcome of this vote could have significant implications for the country's political landscape, potentially leading to shifts in power dynamics and policy directions. As the date approaches, political analysts and citizens alike are closely monitoring the situation, anticipating the potential impact of the impeachment vote on South Korea's future governance. The opposition's actions underscore the ongoing debates and divisions within the country's political sphere, highlighting the challenges faced by the current administration in maintaining stability and addressing public concerns.

The post Solana Launches Global AI Hackathon with $30,000 Prize Pool appeared first on Coinpedia Fintech News Solana has officially kicked off its first global online AI hackathon from December 10 to 23. This innovative event is backed by major supporters like a16z and the Solana Foundation. Participants can compete in various tracks, with the main one offering a grand prize of up to $30,000.... source: https://coinpedia.org/crypto-live-news/solana-launches-global-ai-hackathon-with-30000-prize-pool/

アプトス上で信頼性の高いオラクルデータの収集が可能に 効率的なブロックチェーンアプリケーション開発を支援する「Switchboard（スイッチボード）」は11日、自社サービス「Switchbord On-Demand（ス […] source: https://jinacoin.ne.jp/switchboard-aptos-20241211/

Solana liquidity staking protocol Marinade proposed a governance proposal to "solve the problem of malicious validators and democratize MEV on Solana" while inviting community feedback. Relevant initiatives include: 1. Establish a public committee to oversee delegation; 2. Reopen the public memory pool; 3. Fund Solana MEV research for transparency and data.

Solana started a downside correction below the $230 zone. SOL price is now recovering losses and facing hurdles near the $220 level. SOL price started a fresh increase after it tested the $204 zone against the US Dollar. The price is now trading below $230 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $220 on the hourly chart of the... source: https://www.newsbtc.com/analysis/solana-sol-encounters-barriers-220/

According to Odaily, on the morning of the 11th local time, South Korean ruling party lawmaker Kim Jae-seop announced via a televised broadcast that he would no longer adhere to the party's stance against impeaching President Yoon Suk-yeol. Kim stated his intention to vote in favor of the impeachment in the upcoming proceedings. This development marks a significant shift within the ruling People Power Party, as five lawmakers have now expressed their support for the impeachment. The South Korean National Assembly comprises 300 seats, and for the impeachment motion to pass, it requires the approval of at least two-thirds of the members, equating to a minimum of 200 votes. Currently, the opposition bloc, which includes the largest opposition party, the Democratic Party of Korea, holds 192 seats. The ruling party controls 108 seats. If all opposition members vote in favor of the impeachment, only eight additional votes from ruling party lawmakers are needed for the motion to pass through the National Assembly and proceed to the Constitutional Court of Korea for further deliberation. As it stands, three more ruling party lawmakers need to support the impeachment to meet the required threshold. This situation underscores the political tension and division within the ruling party and the broader political landscape in South Korea. The outcome of this impeachment process could have significant implications for the country's political future and governance.

According to Yonhap News Agency: South Korea's opposition party seeks to vote on the impeachment case at 5 pm on December 14th. (Jin Shi)

According to Spot On Chain monitoring, trader "0x572" spent 207 ETH (US$754,000) to buy 127.89 million CULT 6 hours ago. He currently has a profit of US$1.76 million on MOG (+244%) and PEPE (+187%). In addition, blurr.eth exchanged 80,000 EIGEN (US$360,000) for 58.28 million CULT in the past two days.

Since December 8, the crypto market has fallen for three consecutive days, with the overall market value falling from the peak of 3.7 trillion US dollars on December 8 to 3.45 trillion US dollars on December 10. In the continuous rising market, what factors have led to the decline in the past few days?

China has introduced the RT-G, an AI-powered spherical robot used by police for patrolling and crime prevention, equipped with tools like facial recognition and net guns. The robot’s spherical design allows it to navigate various terrains, and it is part of a broader trend of integrating robotics into law enforcement in China.

Hyperbolic is the first player to solve the trust cost problem in decentralized GPU networks

DeSci focuses on open science — a movement that believes all knowledge should be freely accessible — with the goal of building a more inclusive and transparent world of scientific research.

The highly anticipated South Korean film Crypto Man inspired by real events surrounding a $50 billion Won cryptocurrency crash is set to hit theatres in Jan 2025.

Overnight, BTC sought support from the 5-week line near 96k. In the early morning, Microsoft shareholders' vote on BTC reserves failed, which was within the market's expectations. MicroStrategy increased its position again.

Microsoft Corp.’s board opposed the resolution, saying bitcoin’s volatility was a negative factor.

Ripple’s CEO said RLUSD listings will go live on exchanges “soon” following the New York Department of Financial Services’ approval of the stablecoin.

In the next market (until next year), if the price of Bitcoin is seriously overvalued, I estimate that the four-year cycle will continue at least once more.

Starting from the six projects that have recently received large amounts of financing from leading institutions, we sorted out the development of Crypto x AI infrastructure projects and looked forward to how decentralized technology can safeguard the future of AI for mankind.