The suspect in the murder of United Healthcare CEO Brian Thompson has caught the attention of cryptocurrency users. Following Thompson’s murder on December 4 and the subsequent massive police manhunt, users on Polymarket poured $500,000 into the platform. At the same time, the price of meme coins associated with details of the manhunt soared. A meme coin named after the suspect, Luigi Mangione, rose to a market cap of $77 million before falling back to around $17 million ($20.7 million at press time). “As always, Solana Memecoin is the best source of news, and within minutes the Luigi Mangione coin was born,” anonymous Memecoin trader Burning Kitty said on X. (DL News)

According to official news, Megabit will officially launch the ORCA/USDT perpetual contract at 20:00 (UTC+8) on December 11, supporting up to 75 times leverage.

On Dec 11, 2024, 06:15 AM(UTC). According to Binance Market Data, BNB has crossed the 680 USDT benchmark and is now trading at 680.130005 USDT, with a narrowed narrowed 2.08% decrease in 24 hours.

According to Cointelegraph, the Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Francier Obando Pinillo, a pastor, accusing him of orchestrating a crypto Ponzi scheme that allegedly defrauded 1,500 individuals, including members of a Washington-based church. The CFTC claims the scheme amassed $6 million through fraudulent activities. The complaint, filed on December 9 in a Spokane federal court, alleges that Pinillo misled his congregants and others via social media by promoting a trading platform that promised high returns through "high-performance" cryptocurrency trading. The CFTC asserts that from November 1, 2021, to December 31, 2023, Pinillo presented himself as the CEO of Solanofi, Solano Partners Ltd., and Solano Capital Investments, claiming these entities formed the "Solano ecosystem" and engaged in trading Bitcoin (BTC), Ether (ETH), Tether (USDT), and other cryptocurrencies on behalf of clients. Pinillo allegedly assured customers of monthly profits up to 34.9% through Solanofi, purportedly utilizing a bot and other software for crypto trading. Additionally, a staking service for Bitcoin, Ether, Solana (SOL), USDT, and Dogecoin (DOGE) was offered under Solanofi 2.0, which promised guaranteed profits. The CFTC's complaint details that users were provided with an online dashboard displaying account statements, balances, and profits, alongside a 15% referral fee to incentivize recruitment of new participants. However, the CFTC contends that no actual trading or staking services were conducted as advertised. The complaint states that the representations and account statements were fabricated, with no automated trading program, customer accounts, or profits generated. Instead, it alleges that Pinillo misappropriated all digital and fiat assets transferred by customers. The CFTC further claims that Pinillo targeted "unsophisticated customers" with limited experience in digital asset transactions, commodity interest trading, or staking digital assets. The solicitations were reportedly conducted almost exclusively in Spanish, exploiting Pinillo's position of trust as a pastor. The regulator is seeking restitution for defrauded customers, forfeiture of all funds obtained through the scheme, a trading ban, and a permanent injunction against Pinillo. Information regarding Pinillo's legal representation was not immediately available, and he did not respond to a request for comment sent via social media.

"What did Ilya see" became one of the most talked about topics in the AI ​​circle in 2024.

Roni Cohen-Pavon, former chief revenue officer of crypto lending platform Celsius, will not be sentenced on Dec. 11 after the company’s former CEO Alex Mashinsky reached an agreement with U.S. prosecutors. In a Dec. 9 filing with the U.S. District Court for the Southern District of New York, Judge John Koeltl granted a request by U.S. Attorney Damian Williams to move Cohen-Pavon’s sentencing hearing to after Mashinsky’s, which is scheduled for April 2025. Williams said the information provided by Cohen-Pavon “may be relevant to Mashinsky’s sentencing hearing.” Judge Koeltl ordered both parties to report updates on April 18, ten days after Mashinsky’s scheduled hearing. Cohen-Pavon pleaded guilty to U.S. criminal charges in 2023 and has been granted bail to travel to Israel. (Cointelegraph) Previously, former Celsius CEO Alex Mashinsky pleaded guilty to some criminal charges. According to the original indictment in July 2023, Mashinsky was charged with securities fraud, commodity fraud, wire fraud, etc. According to Bloomberg, Mashinsky pleaded guilty to commodity fraud and fraud for manipulating the price of the company's native token, which carries a maximum sentence of 20 years in prison.

Former Binance CEO Changpeng “CZ” Zhao Predicts China could beat the United States of America at building a Strategic Bitcoin Reserve.

On-chain options protocol Derive said that although the large inflow of funds into the spot Ethereum ETF suggests that a "supply-side crisis" is coming, data shows that Ethereum has less than a 10% chance of reaching the $5,000 mark by the end of 2024. Sean Dawson, head of research at Derive, pointed out in a market report on December 10 that the probability of Ethereum prices reaching $5,000 by December 27 was as high as 16%, but it has recently adjusted to around 8%. According to CoinMarketCap, Ethereum needs to rise 37% from its current price of $3,669 to reach $5,000. Dawson also said that "ETH's bullish and bearish trades are evenly distributed, indicating neutral market sentiment." Ethereum's current all-time high price is $4,878, set in November 2021.

Coincheck Group’s debut on Nasdaq is the second regulated crypto exchange operator to go public since Coinbase's 2021 debut. source: https://decrypt.co/295944/coincheck-parent-becomes-first-japanese-crypto-exchange-operator-to-list-on-nasdaq

The CFTC has accused a pastor of promoting a crypto scheme to churchgoers, which it alleged promised guaranteed returns of nearly 35%. source: https://cointelegraph.com/news/cftc-alleges-pastor-6m-crypto-ponzi-promoted-churchgoers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

비트와이즈는 2025년을 크립토 IPO의 해로 전망하며 서클과 크라켄 등 주요 기업의 상장을 예측했다. 비트코인과 이더리움은 새로운 가격 고점을 기록할 가능성이 크며, 크립토 기업들이 전통 금융 시장에 더욱 가까워질 것으로 보인다. source: https://inteliview.kr/crypto/article-9100/

According to PANews, the potential threat of quantum computing to Bitcoin and similar networks has been a topic of recurring debate. The recent release of Google's quantum computer, Willow, has reignited discussions about its implications for Bitcoin. Despite Willow's advancements, Bitcoin users currently have little to worry about.Bitcoin's protocol can be simplified into two main components: mining, which relies on hash functions, and transactions, which use elliptic curve signatures. Both components could theoretically be affected by quantum computing through Grover's and Shor's algorithms. However, Willow's computational power is still far from being able to impact these areas. To effectively attack Bitcoin's hash and signature systems within a reasonable timeframe, thousands of logical qubits are required. Given that several physical qubits are needed to encode one logical qubit, millions of physical qubits would be necessary. Willow currently operates with only 105 physical qubits, indicating a significant gap remains.In the event that quantum computing power becomes sufficient, the impact on mining would be relatively limited. Grover's algorithm only accelerates the process rather than reversing the hash function, meaning substantial computation is still needed to find the required hash values for mining. This can be likened to the introduction of a new, powerful mining machine. However, certain address signatures, particularly older P2PK and newer P2TR methods based on public keys, require caution. Addresses like P2PKH, P2SH, P2WPKH, and P2WSH, which are hash-based, remain relatively secure. Reusing these addresses could expose public keys, posing a risk.Developers can take action by evolving Bitcoin to incorporate quantum-resistant technologies, such as hash-based Lamport signatures. The community has already engaged in discussions about these possibilities. Quantum-resistant cryptography, like lattice-based methods, could also be introduced through soft forks. Besides developers, users can protect themselves by adopting good practices, such as changing receiving addresses frequently and avoiding address reuse. Moving assets to more secure SegWit addresses before quantum computers pose a significant threat is also advisable.Other networks, like Ethereum, are also exploring post-quantum cryptography, which could be implemented through hard forks. Ultimately, the emergence of quantum computers will impact not only Bitcoin and other cryptocurrencies but also traditional financial systems, defense systems, and secure communication channels. While there is no immediate threat from quantum computing, maintaining good usage habits and staying informed about quantum advancements is strongly recommended.

Will quantum computing destroy Bitcoin? This topic, which has a folk-scientific quality, always causes widespread discussion/FUD every once in a while.

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.