According to Cointelegraph, the XRP Ledger has significantly reduced its base reserve requirements, lowering them from 10 XRP ($25.60) to just 1 XRP ($2.56) as of December 2. This change is expected to facilitate easier entry for new users by allowing them to fund their wallets with a smaller amount of cryptocurrency, potentially removing a barrier to adoption. Additionally, existing users can now utilize some of the XRP they previously had to keep in reserve. The adjustment in reserve requirements was implemented at 10:45 pm UTC and was announced by the pseudonymous XRP validator operator Vet. Alongside the base reserve reduction, the owner reserve has also been decreased from 2 XRP ($5.12) to 0.2 XRP ($0.51). This means users are now required to hold only 0.2 XRP per object in their accounts, which can include non-fungible tokens (NFTs), trust lines, signer lists, or owner directories. The reserve system was initially designed to prevent the ledger from growing beyond the storage capacity of nodes and to deter the creation of spam accounts with minimal XRP holdings. However, some developers have criticized the high reserve requirement, arguing that it has hindered the network's adoption. On October 16, XRP Ledger developer WietseWind announced that all nodes managed by the XRPL Labs development team had been configured to process the lower reserve requirement, enabling them to vote for the change. WietseWind acknowledged potential drawbacks, such as increased ledger activity that could challenge infrastructure capacity. However, he viewed this as a positive issue, indicating higher user engagement and activity. He expressed confidence that engineers could manage the additional network stress and develop solutions to accommodate it. Although the change was implemented on XRPL Labs nodes in October, it required a validator reset and a vote from all validators, which was completed by December 2. This development coincides with a period of rapid growth for XRP, the native coin of the XRP Ledger. Prior to Donald Trump's election as U.S. President, XRP was valued at less than a penny per coin. Since then, it has surged to $2.65, marking its highest level since February 2018. Meanwhile, Ripple Labs, the founding development team behind XRP, continues its legal battle with the U.S. Securities and Exchange Commission (SEC). The SEC contends that XRP is a security and should have been registered accordingly, while Ripple disputes this classification. Ripple has been fined $125 million in the lawsuit but has appealed the decision.

The launch of the leveraged MicroStrategy ETF has accelerated the trend of MicroStrategy's stock price

Since Reddio’s technical solution uses CuEVM, a project that uses GPU to improve EVM execution efficiency, we will start with CuEVM.

According to PANews, CleanSpark, a Nasdaq-listed Bitcoin mining company, has announced its financial results for the fiscal year ending September 30, 2024. The company reported an annual revenue of $378.9 million, marking a substantial increase of $210.5 million, or 125%, compared to the previous fiscal year's revenue of $168.4 million. Despite this revenue growth, CleanSpark recorded a net loss of $145.8 million for the year, with a basic loss per share of $0.69. This is a slight increase from the previous year's net loss of $138.1 million, where the loss per share was $1.30. The adjusted EBITDA for the year was $245.8 million, a significant rise of $220.8 million from the previous year's $25 million. The balance sheet as of September 30, 2024, shows that CleanSpark's assets include $122.2 million in cash, $509.5 million in Bitcoin, and total current assets amounting to $705.4 million. The total mining assets are valued at $902 million, bringing the total assets to $2 billion. On the liabilities side, the company has current liabilities of $187.9 million and total liabilities of $201.8 million, with total shareholder equity standing at $1.8 billion. As of the end of the fiscal year, CleanSpark's operating capital was $517.5 million, and the company had outstanding loans amounting to $66 million.

According to Trader T's monitoring, cryptocurrency stocks fell slightly before the U.S. stock market opened, including: MICROSTRATEGY fell 0.16%; ISHARES BITCOIN TRUST fell 0.4%; COINBASE GLOBAL rose 1.2%; RIOT PLATFORMS fell 0.2%; CLEANSPARK fell 6%; MARA HOLDINGS fell 2%.

Celestia officially announced that 8MB blocks have been launched on the Celestia Arabica test network, achieving a permissionless data throughput of 1.33MB/s. It also stated that it will be ready for the main network in January.

According to PANews, the Web3 security team ScamSniffer reported that phishing attacks in November resulted in approximately $9.3 million in losses, affecting 9,208 victims. The largest single loss involved the theft of $661,000 in stETH assets. Other significant thefts included $409,000 in WBTC, $344,000 in FET, and $220,000 in USDT, primarily through malicious signature attacks. Although the financial losses in November were lower compared to October's $20.2 million and September's $45.8 million, the number of victims remained high. The report also highlighted that after the Inferno Drainer team ceased operations, the Angel Drainer group took over related projects, indicating that phishing threats continue to evolve. ScamSniffer advises users to avoid rushing into signing transactions, verify all signature requests, use anti-phishing tools, and enhance wallet security. They emphasize that a single erroneous signature could lead to a complete loss of assets.

Binance Blog published a new article, highlighting the significant milestones and achievements of 2024 for both Binance and the broader crypto community. As the year draws to a close, the article reflects on the remarkable growth and developments within the blockchain space, driven by users worldwide. The year 2024 marked a period of unprecedented global adoption of blockchain technology, with stablecoins, Web3 gaming, and Bitcoin's all-time high leading the charge. Binance celebrated a record-breaking year, achieving $100 trillion in trading volume and expanding its user base to over 240 million globally. The article invites users to explore their personalized Year in Review via the Binance app or website, allowing them to revisit their trades, milestones, and contributions to the Binance community. The article extends a heartfelt thank you to the Binance community, acknowledging the pivotal role users have played in shaping the crypto ecosystem. It emphasizes the importance of user engagement and achievements in driving Binance's mission to make crypto accessible to all. The article also highlights the industry's growth, with stablecoin adoption increasing by 15% and the market value of tokenized real-world assets reaching $3.45 billion. Binance's accomplishments in 2024 include significant user growth, regulatory approvals in 20 countries, and enhanced security measures that prevented over $2.4 billion in potential losses from scams and fraud. The platform also strengthened its global collaborations, responding to over 55,000 requests from law enforcement agencies worldwide. The article underscores Binance's commitment to compliance and global expansion, as well as its dedication to safeguarding user assets through enhanced Proof of Reserves. Community engagement remained a cornerstone of Binance's success, with events like Binance Blockchain Week Dubai 2024 bringing together thousands of attendees from around the world. The article concludes by celebrating the community's contributions and encouraging users to continue building on the year's progress as they step into 2025. It invites users to explore their Year in Review and participate in the Binance Square campaign for a chance to earn rewards, fostering a sense of collaboration and growth within the crypto space.

Portal officially launched Portal Hub and Portal Wallet to solve the fragmentation problem of Web3 and bring a unified market and seamless wallet experience to users and developers. Portal Hub integrates multi-chain resources to create a cross-chain discovery platform similar to the App Store to help users efficiently explore content and assets; Portal Wallet uses account abstraction technology to achieve a unified entrance for cross-chain transactions and supports functions such as social login to improve security and ease of use. The two are combined with Portal's "Hyperway" liquidity network to promote the interconnection of the Web3 ecosystem. To celebrate the launch, Portal launched an early bird reward program, where users who register a Portal Hub account can receive PORTAL rewards every week until the end of 2024.

According to U.Today, Cardano (ADA) could experience a significant price increase of up to 66% in December if historical trends are repeated. Data from Cryptorank indicates that ADA has an average growth rate of 66.8% for December, suggesting a generally bullish month for the cryptocurrency. Following a positive outlook in November, ADA has the potential to achieve a more remarkable rally this month. Cardano's historical performance in December shows a pattern of price increases, with ADA trading at $1.14 at the time of writing, marking a 6.60% rise in the past 24 hours. The market volume has also surged by 214.52% to $4.29 billion. In December 2021, ADA reached a peak of $1.72, approximately three months after its all-time high of nearly $3. This consistent upward trend indicates that Cardano has managed to overcome bearish sentiments. Analysts are optimistic that ADA could test the $10 mark, with some using the Fibonacci indicator to suggest a target of $2.453. The Fibonacci sequence at the 2.618 level points to $8.30 as a potential key target. Beyond these projections, if ADA repeats the 58.1% rally achieved in December 2023, its price could reach at least $1.70. In November, ADA skyrocketed by 216%, and a similar performance could help it retest its all-time high of $3.10. Cardano's growth is not solely reliant on historical trends; it also benefits from several fundamental factors that could support a positive growth trajectory for the remainder of the year. The excitement surrounding ADA is fueled by innovations such as the Quantum Hosky and the Chang hard fork update. Additionally, Bitcoin's efforts to retest the $100,000 price mark contribute to a bullish sentiment, and ADA's correlation with BTC could help it achieve new highs this month.

According to U.Today, recent social media speculation suggesting that Enron, the infamous energy company known for its massive fraud scandal, is launching a cryptocurrency project is unfounded. Earlier today, a press release circulated on various social media platforms, claiming that Enron was being relaunched with a focus on addressing the global energy crisis through decentralized technology, hinting at a potential shift towards cryptocurrency. This announcement led to widespread discussion among several prominent social media accounts and media outlets, many of whom took the news at face value. However, the announcement was actually a product of a parody website meant solely for entertainment purposes. Enron, once a major player in the American corporate landscape, collapsed in the early 2000s due to a significant accounting scandal. The fallout from Enron's implosion was severe, with shareholders losing approximately $74 billion, highlighting the extensive nature of the corporate and accounting fraud orchestrated by the company. Jeffrey Skilling, Enron's former CEO, was released from prison in 2019 after serving 14 years of a 24-year sentence. Kenneth Lay, another key executive, passed away from a heart attack before he could be sentenced. The incident underscores the current climate of market exuberance, where even a satirical announcement can gain traction among crypto enthusiasts. Some observers speculated that Enron might be following in the footsteps of figures like Martin Shkreli, who ventured into cryptocurrency after serving time in prison. This episode serves as a reminder of the need for caution and skepticism in the rapidly evolving world of cryptocurrency and digital assets.

According to U.Today, Shytoshi Kusama, the enigmatic leader of the Shiba Inu (SHIB) project, has issued a warning about potential threats to the project's decentralized autonomous organization (DAO). Kusama, who operates under a pseudonym, stated that he had a revelation in a dream about a group he referred to as "shadowcats" planning to take over the DAO. This DAO is intended to transition governance functions of the SHIB ecosystem to all SHIB holders, regardless of their stake size. Kusama assured the community that any plans against SHIB and its DAO would not succeed, as the team is prepared to counteract any such threats efficiently. He emphasized that strategies are already in place to address these challenges. This statement follows a previous announcement by SHIB marketing lead Lucie, who highlighted the DAO's role in giving SHIB users more control over decisions impacting the ecosystem. In related developments, Kaal Dhairya, a leading developer in the SHIB project, has shared his thoughts on enhancing the Shiba Inu ecosystem, particularly concerning token burns. Dhairya mentioned having "big ideas" for the ecosystem but did not disclose specific details. He stressed that burning and reducing the supply of SHIB is a collective effort and not solely the responsibility of the SHIB team. Dhairya's comments came after a heated discussion on the X platform, where he addressed complaints about the SHIB team's role in token burns. He pointed out that the utility of Shibarium, the SHIB blockchain platform, directly influences the rate of token burns. Additionally, he announced that the automated SHIB burn mechanism would undergo maintenance to introduce a more efficient and cost-effective burn process. Over the past month, the SHIB community and developers have successfully burned a record 3,162,301,655 SHIB tokens in 167 transactions, as reported by the Shibburn tracker. This effort reflects the ongoing commitment to reducing the circulating supply of SHIB and enhancing the project's overall utility.

An Apple employee is suing the company for allegedly monitoring personal devices and iCloud accounts linked to work, even when off-duty. The lawsuit challenges Apple's policies, claiming they violate privacy laws by tracking employees' personal data without consent.

BTC’s average return last month was 46%, the asset’s best November performance since 2020.

The US has imposed new export restrictions on China’s semiconductor industry, halting shipments to 140 companies, including Swaysure Technology, tied to Huawei and already under sanctions. Is this a security measure or a futile attempt to stifle China’s tech growth?

In November, the monthly increase was more than 37%, with the value increasing by more than $26,000, pushing the market value of the entire cryptocurrency market to surge to more than $1 trillion, an increase of about 45%.

Five factors push XRP up. Is it far from breaking through the historical high of $3.40?

Donald Trump’s cryptocurrency project, World Liberty Financial, has drawn criticism for directing 75% of its funds to his family, raising ethical concerns. Justin Sun's $30 million investment saved the project and highlighted ongoing debates about crypto, politics, and transparency.

2024 is a favorable period for cryptocurrency returns, and Grayscale Research believes that the bull run is likely to continue next year.

Trump is expected to announce his pick for SEC chair as early as tomorrow, replacing Gary Gensler, who steps down on 20 January. The nominee is likely to ease crypto regulations and financial market restrictions. Is this imminent or mere speculation?