ZkSnarker

Recently, the popularity of leveraged trading on exchanges has increased, and the trading volume in perpetual futures DEX markets has generally risen, indicating an increase in traders' risk appetite. Hyperliquid leads in trading volume, and other platforms also perform well. Market liquidity is concentrated, activity has increased, but the rise in open interest contracts suggests potential leverage risks.

[Crypto World] The craze for stablecoin yields is burning hotter and hotter. U.S. regulators and Wall Street giants are beginning to sound the alarm in unison, believing that these digital assets offering interest payments are quietly building a parallel financial system outside the regulatory framework.
The digital reality is clear: the circulating stablecoins have already surpassed the $312 billion mark. Where is the problem? They lack the deposit insurance moat like traditional banks. Wall Street giants see this risk very clearly — JPMorgan Chase CEO explicitly called this move "obviously dangerous" and warned that it could cause traditional banks to face losses of trillions of dollars.
Regulatory measures are also being sharpened. Whether the 《GENIUS Act》 can expand the scope of restrictions to directly regulate third-party providers like crypto exchanges offering such yield products has become a focus of industry attention. Once policies tighten, not only will the stablecoin market landscape change, but the entire exchange ecosystem's business model could also face reshaping. This debate is far from over.

【Blockchain Rhythm】Recently interesting data—On Polymarket, the prediction of OpenSea token's first-day performance shows a 62% chance that FDV exceeds $1 billion. If it reaches $2 billion, that probability drops to 27%.
Comparison is needed to see the problem. Remember OpenSea? Three years ago, it was highly valued. In January 2022, it raised $300 million, and after that funding round, its valuation skyrocketed to $13.3 billion, led by top-tier institutions like Paradigm and Coatue, with Tiger Global also participating. Now they are launching a token, but the market's expectations are several magnitudes lower, and the gap is indeed significant.
Regarding the specific token mechanism, the OpenSea Foundation recently revealed some progress in preparations. CMO Adam

Silver prices break through a new high of $90 per ounce, and the U.S. Mint suspends silver coin sales. Spot silver supply and demand have decoupled, and industry insiders expect prices may surge to $100. Rising risk aversion, dollar depreciation, and tight physical supply are driving prices higher, indicating that the market is facing systemic pressure and warrants attention.

Recently, monitoring platforms detected that a wallet address withdrew 139,950 LINK tokens from an exchange within two days, valued at approximately $1.96 million. The address currently holds 342,557 LINK, indicating active positioning by institutions or large investors in the market.

【Blockchain Rhythm】KB Financial Group's subsidiary KB National Card recently applied for an innovative payment technology patent. This thing is quite interesting—users can pay directly with stablecoins through existing credit cards.
How does it work exactly? The system binds your blockchain wallet with your credit card. Each time you make a purchase, it first deducts from the stablecoins in your wallet. If the wallet balance is insufficient, the remaining amount is automatically covered by the credit card. It sounds quite seamless, and the user experience is basically unchanged.
KB Financial Group's idea is also quite clear. They want to retain the existing card payment infrastructure and user habits while lowering the barriers for digital assets to enter everyday payments. In other words, this is helping stablecoins move from niche to mainstream finance.
From a macro perspective, this kind of exploration is becoming increasingly

A whale named "Lightning Reverse" has increased its ETH holdings twice in a short period, accumulating approximately 3,007 ETH. The total holdings have expanded to $53.26 million, with unrealized gains of about $136,000, indicating an optimistic outlook on the market.

A family dispute involving over 10 million USD in cryptocurrency assets has attracted attention in Tennessee, USA. The defendant, Kirk West, is accused of stealing XRP and other crypto assets belonging to Nancy Jones, the widow of country music legend George Jones, valued at over $11 million. West denies the theft and countersues, claiming he has legal rights to a portion of the assets. The case is still ongoing.

A major holder recently closed positions in batches, selling 2,450 ETH for a profit of $301,000. They still hold 8,800 ETH, with an unrealized profit of $1,597,000, and have placed limit take-profit orders in the $3,350-$3,400 range. At the same time, they have a heavy position of 205,000 HYPE tokens, with an unrealized profit of $83,000, demonstrating confidence in both assets.

On-chain data shows that an early Bitcoin holder's total holdings are valued at $845 million, including 203,300 ETH, 1,000 BTC, and 511,600 SOL, with unrealized profits exceeding $47 million. This diversified multi-asset investment strategy is worth noting in the current market environment.

【Crypto World】Ripple's CEO Brad Garlinghouse recently has an important schedule—on January 15th, he will attend a high-end forum in St. Moritz, Swiss Alps. This conference is quite exclusive, limited to 250 participants, mostly family offices and institutional fund players.
Garlinghouse will participate in a panel discussion at the event, with an interesting topic: "Oil and Water? Are Cryptocurrency Companies and Traditional Public Markets Compatible?" Also on stage are industry heavyweights like Christopher Ferraro, President of Galaxy Digital. The conference mainly focuses on core issues such as asset class maturity, tokenization, and regulation.
Interestingly, Ripple recently stated that its financial situation is stable and that it does not need to raise funds through the public markets to drive growth. But Garlin

A DeFi trading mistake occurred on Ethereum, where $3.84 million worth of stkGHO in the YO Protocol trade was only exchanged for 122,000 USDC. The error was caused by improper transaction parameter settings and routing issues, leading to slippage protection failure and high fee losses. This incident serves as a reminder to pay attention to details in DeFi transactions.

【币界】特朗普媒体科技集团股价盘前走高。最新消息显示，该公司近日推出了四项以"美国优先"为主题的投资策略，这一举措直接带动股价上涨1.7%。市场对这类带有政策导向的投资方向反应积极，不少关注者都在观察后续的具体政策落地情况。这类主题投资策略往往会吸引特定风格的资金流入，短期内可能继续维持市场热度。

A non-custodial wallet update adds Bitcoin support, allowing users to directly store and manage multiple assets while keeping private keys stored locally to ensure security. Future plans include integrating WalletConnect and supporting more public chain ecosystems, gradually becoming a cross-chain asset management tool.

The Solana Policy Institute proposed that DeFi and centralized exchanges should be treated differently, emphasizing that open-source developers should not be regulated according to centralized exchange standards. It calls for policies to adapt to emerging technologies to maintain innovation and ecological vitality. Balancing regulation and innovation is an important issue for the future.