Sonic Labs has released an update to its ETF token allocation implementation plan. Previously, the Sonic community had passed a governance proposal authorizing up to $50 million worth of S tokens for potential US-listed ETFs to facilitate their entry into the regulated US market. However, following the proposal's passage, due to a weakening overall market environment and a significant decline in the price of S, Sonic Labs decided to postpone implementation, refraining from minting any related tokens during this period to avoid increasing supply at unfavorable price levels. The announcement stated that implementing the original plan at the current price would require issuing over 600 million additional S tokens, significantly deviating from the original intent of the governance proposal, and therefore, this plan will not be adopted. To better align the interests of token holders, Sonic Labs clarified new implementation constraints: ETF allocations, corresponding to a maximum of 100 million tokens, will only be minted when the S price is above $0.50; the total token value is strictly capped at $50 million, with priority given to issuing fewer tokens at higher price levels; any implementation deviating from these conditions will not occur. Sonic Labs also emphasized that the S tokens used in the ETF will be locked within the regulated product and will not enter the secondary market for circulation, thus avoiding any additional selling pressure. The team stated that US-listed ETFs remain a long-term strategic priority, aiming to provide institutional investors with compliant Sonic exposure, and any future adjustments will continue to be implemented through clear communication and governance processes.

According to AI's monitoring, the second-largest long position holder of Hyperliquid ZEC (0x8de...2dae) opened a 10x leveraged long position in ZEC yesterday at an average price of $446.48, currently holding 22,457.57 ZEC, worth $11.5 million. With ZEC breaking through $510, this address has already realized a profit of $1.48 million. In addition, this address also holds a long position in HYPE, currently showing a loss of $2.3 million, resulting in an overall unrealized loss for the account.

OKX data shows that FLOW experienced a sharp short-term drop, falling below $0.125 and currently trading at $0.1309, representing a 24-hour decline of over 42%.

دخلت BitMNR، أكبر شركة لإدارة خزائن إيثيريوم في العالم، رسميًا إلى نظام تخزين إيثيريوم لأول مرة، مما يُمثل تحولًا كبيرًا في كيفية إدارة كبار حاملي إيثيريوم لأصولهم. تُظهر بيانات سلسلة الكتل أن الشركة أودعت حوالي 74,880 إيثيريوم في نظام إثبات الحصة الخاص بإيثيريوم، بقيمة تقارب 219 مليون دولار. شركة BitMNR تستثمر 219 مليون دولار من … source: https://btcacademy.online/%d8%b4%d8%b1%d9%83%d8%a9-bitmnr-%d8%aa%d8%b3%d8%aa%d8%ab%d9%85%d8%b1-%d9%85%d8%a8%d9%84%d8%ba%d8%a7%d9%8b-%d9%87%d8%a7%d8%a6%d9%84%d8%a7%d9%8b-%d9%81%d9%8a-%d8%a7%d9%84%d8%a5%d9%8a%d8%ab%d9%8a%d8%b1/?utm_source=rss&utm_medium=rss&utm_campaign=%25d8%25b4%25d8%25b1%25d9%2583%25d8%25a9-bitmnr-%25d8%25aa%25d8%25b3%25d8%25aa%25d8%25ab%25d9%2585%25d8%25b1-%25d9%2585%25d8%25a8%25d9%2584%25d8%25ba%25d8%25a7%25d9%258b-%25d9%2587%25d8%25a7%25d8%25a6%25d9%2584%25d8%25a7%25d9%258b-%25d9%2581%25d9%258a-%25d8%25a7%25d9%2584%25d8%25a5%25d9%258a%25d8%25ab%25d9%258a%25d8%25b1

OKX market data shows that ZEC has risen above 500 USDT and is currently trading at 510 USDT, with a 24-hour increase of 14.3%.

Pakistani authorities have busted a $60 million international crypto fraud network. The authorities said they carried out the crackdown on perpetrators of several unregulated trading schemes, arresting more than 34 suspects. The development comes as the country continues its shift towards a formal crypto regime amid moves to open the industry up to licensed global […] source: https://www.cryptopolitan.com/pakistan-busts-crypto-scam-network/

The court-ordered shutdown during Christmas week. source: https://www.thestreet.com/crypto/bankruptcy/popular-crypto-retirement-firm-shut-down-by-court-on-christmas-week

According to Onchain Lens monitoring, a large whale (0xEc7...F237) withdrew another 366,364 LINK from Binance, worth $4.5 million. In the past two days, this whale has withdrawn a total of 695,783 LINK from Binance, and its current holdings are worth $8.52 million.

قد يواجه النمو السريع لشركات إدارة أصول العملات الرقمية اختبارًا حقيقيًا قريبًا. في تقريرها السنوي، حذرت شركة غالاكسي ديجيتال من أن خمس شركات أو أكثر من شركات إدارة أصول العملات الرقمية قد تُجبر قريبًا على بيع أصولها، أو الاندماج مع شركات أكبر، أو الإغلاق نهائيًا مع تزايد حدة ظروف السوق. يشير التقرير إلى تزايد الضغوط … source: https://btcacademy.online/%d8%b4%d8%b1%d9%83%d8%a9-%d8%ba%d8%a7%d9%84%d8%a7%d9%83%d8%b3%d9%8a-%d8%aa%d9%83%d8%b4%d9%81-%d8%b9%d9%86-%d8%aa%d9%87%d8%af%d9%8a%d8%af-%d9%8a%d8%b7%d8%a7%d9%84-%d8%a7%d9%84%d8%b9%d9%85%d9%84%d8%a7/?utm_source=rss&utm_medium=rss&utm_campaign=%25d8%25b4%25d8%25b1%25d9%2583%25d8%25a9-%25d8%25ba%25d8%25a7%25d9%2584%25d8%25a7%25d9%2583%25d8%25b3%25d9%258a-%25d8%25aa%25d9%2583%25d8%25b4%25d9%2581-%25d8%25b9%25d9%2586-%25d8%25aa%25d9%2587%25d8%25af%25d9%258a%25d8%25af-%25d9%258a%25d8%25b7%25d8%25a7%25d9%2584-%25d8%25a7%25d9%2584%25d8%25b9%25d9%2585%25d9%2584%25d8%25a7

Recent EGRAG CRYPTO’s tweet addresses a widespread misconception around XRP and real-world utility. The tweet emphasizes that many participants expect utility to trigger an immediate and aggressive price expansion, but argues that this expectation misunderstands how markets adapt to functional usage. source: https://www.ethnews.com/xrp-price-consolidates-as-utility-narrative-shifts-market-behavior/

Grok, Elon Musk’s AI chatbot on X, has been praised by Vitalik Buterin for giving unpredictable responses that challenge users’ political biases and promote more truthful interactions.

A massive hack has struck Trust Wallet, one of the most widely used crypto wallets, resulting in estimated losses exceeding $6 million.

Italy’s competition authority has ordered Meta to allow rival AI chatbots on WhatsApp while investigating possible abuse of its dominant position. Meta plans to appeal, saying the policy protects its systems, but regulators worry it could limit competition and innovation in the AI market.

Nvidia has announced a $20 billion acquisition of Groq’s core assets, a landmark move that strengthens its already commanding position in the artificial intelligence chip market and reshapes the competitive landscape for AI infrastructure.

Keonne Rodriguez, co-founder of Samourai Wallet, began serving a five-year federal prison sentence and shared a personal account of his first days, describing the intake process and adjusting to prison life just before Christmas.

The Philippines has escalated its crackdown on unlicensed cryptocurrency platforms, with internet service providers beginning to block access to major global exchanges, signaling a decisive shift toward stricter enforcement of local crypto regulations.

Pudgy Penguins projected its animated characters on the Las Vegas Sphere for a week-long holiday campaign, promoting its physical products rather than NFTs. The display helped the crypto-born brand reach mainstream audiences, supporting merchandise sales and boosting recognition despite a struggling NFT market.

Kraken has officially launched the Krak Card, a Mastercard crypto debit card for residents living in the EU countries and the United Kingdom. The Krak card would allow users to spend more than 400 cryptocurrencies and fiat currencies seamlessly.

Trust Wallet confirmed a security incident affecting version 2.68 of its Chrome extension after users reported unauthorised wallet drains following a recent update. The company told users to disable the extension and upgrade immediately, saying its mobile app and other versions were not affected while the investigation continues.

Kyrgyzstan has taken another step toward embedding digital assets into its financial system after cryptocurrency exchange Binance listed the country’s first som-pegged stablecoin, a move that signals growing state-level confidence in blockchain-based payments and infrastructure.