According to Onchain Lens, a whale wallet that has been silent for 293 days is buying LINK in the past hour. The whale wallet spent 658.14 ETH (worth $2.58 million) to buy 93,271 LINK at an average price of $27.71. The newly created wallet has sent 93,171 LINK back to the whale wallet and currently holds 100 LINK; this whale wallet still holds 1,991 ETH worth $7.79 million and 94,533 LINK worth $2.62 million.

Tesla and SpaceX boss Elon Musk's net worth has officially exceeded $400 billion, setting a new record for the world's richest person according to the Bloomberg report.

According to SoSoValue data, yesterday (December 11, EST), the total net inflow of Ethereum spot ETFs was $102 million. Yesterday, Grayscale Ethereum Trust ETF ETHE had a single-day net outflow of $2.2557 million, and the current historical net outflow of ETHE is $3.501 billion. Grayscale Ethereum Mini Trust ETF ETH had a single-day net inflow of $13.3815 million, and the current historical total net inflow of Grayscale Ethereum Mini Trust ETH is $531 million. The Ethereum spot ETF with the largest single-day net inflow yesterday was BlackRock ETF ETHA, with a single-day net inflow of $74.1591 million, and the current historical total net inflow of ETHA reached $2.987 billion. The second is Grayscale ETF ETH, with a single-day net inflow of US$13.3815 million. Currently, the total net inflow of ETH has reached US$531 million. As of press time, the total net asset value of Ethereum spot ETF is US$13.183 billion, and the ETF net asset ratio (market value to the total market value of Ethereum) is 2.86%, and the historical cumulative net inflow has reached US$1.968 billion.

According to Cointelegraph, OpenAI has issued an apology to its 200 million active users after ChatGPT experienced a network outage shortly after being integrated into Apple's latest software update. The company acknowledged the issue in a Dec. 12 post, stating they were working on a fix. By the time of publication, ChatGPT was back online in Australia. The outage coincided with the integration of ChatGPT into Apple's virtual assistant Siri, available on iPhones, iPads, and Macs. OpenAI has not confirmed if the integration directly caused the network issues. Many users attempting to access ChatGPT's API encountered messages indicating the service was unavailable, with OpenAI assuring users they were addressing the problem. OpenAI's video generation model, Sora, was also impacted by the outage. However, the company reported that traffic for both ChatGPT and Sora had largely recovered by 3:53 am UTC on Dec. 12. Reports of the network failures began around 11:07 pm UTC on Dec. 11, with a peak of 1,532 reports within a 15-minute interval before the volume of reports decreased. This incident marks at least the fourth network outage for ChatGPT since June, following similar issues in June and August. The outage occurred as ChatGPT was being integrated into Apple's Apple Intelligence, allowing Siri to utilize ChatGPT for certain requests, such as questions about photos and documents. Apple announced on Dec. 11 that these features are available on most iPhone 15 models and above. In a related development, Meta experienced its own technical issues on Dec. 11, affecting some Facebook and Instagram users. Meta reported that by 10:26 pm UTC, they had resolved 99% of the issues and were conducting final checks.

According to Odaily, Michael Saylor has articulated that MicroStrategy's primary focus is to connect the traditional financial markets with the crypto economy using Bitcoin. This strategic direction underscores the company's commitment to leveraging Bitcoin as a pivotal tool in integrating these two financial realms. MicroStrategy, under Saylor's leadership, has been at the forefront of adopting Bitcoin as a significant asset, reflecting a broader vision of financial innovation. The company's approach highlights the potential of Bitcoin to serve as a bridge between conventional finance systems and the emerging digital currency landscape. By positioning Bitcoin at the core of its strategy, MicroStrategy aims to facilitate a seamless transition and interaction between these distinct financial sectors. This initiative by MicroStrategy is part of a larger trend where traditional financial institutions are increasingly exploring the integration of cryptocurrencies into their operations. The move is seen as a step towards embracing the transformative potential of blockchain technology and digital assets. As the financial world continues to evolve, MicroStrategy's efforts to link these two domains could play a crucial role in shaping the future of finance.

According to the official announcement, LBank will launch PULSR (PULSR) for the first time at 14:00 (SGT) on December 12, and open the PULSR/USDT trading pair; the deposit service will be opened at 13:00 on December 12, and the withdrawal service will be opened at 13:00 on December 13. In addition, LBank will launch Meme Anarchic Numismatic Asset (MANASOL) at 14:00 (SGT) on December 12, and open the MANASOL/USDT trading pair; the deposit service will be opened at 13:00 on December 12, and the withdrawal service will be opened at 13:00 on December 13.

The approved motion proposed that the city turn a portion of its financial reserves into bitcoin and accept taxes in bitcoin. source: https://www.theblock.co/post/330485/vancouvers-city-council-greenlights-exploring-bitcoin-in-municipal-finance?utm_source=rss&utm_medium=rss

ChatGPT went down globally around 11:07 pm UTC on Dec. 11 but has started coming back online in some regions of the world. source: https://cointelegraph.com/news/openai-apologizes-after-apple-integration-of-chatgpt-causes-outage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Michael Saylor said MicroStrategy's main "job" is to connect traditional financial markets with the crypto economy through Bitcoin.

According to analysis by Coin Metrics and its analyst Victor Ramirez, cryptocurrency trading exhibits clear regional and seasonal patterns influenced by the regulatory environment, user preferences, and market dynamics. For example, Ramirez explained that the “Kimchi Premium” phenomenon reflects the difference between cryptocurrency prices in the South Korean market and the global weighted average price, which is driven by capital controls and local demand. South Korea’s regulatory barriers limit arbitrage opportunities for international investors, and these restrictions lead to price volatility. Coin Metrics’ findings show that trading activity follows seasonal and regional patterns. Exchanges such as Bithumb and Upbit show peak activity during the East Asian hours, while US platforms such as Coinbase and Gemini favor the US time zone. Binance has a wider coverage area and has increased activity during the European hours. “Binance’s East Asian hours volume fell 12.1% from its average $802 million volume, but its European hours volume increased 19.4%,” the report detailed. In addition, certain assets show regional preferences. For example, XRP, XLM, and ADA are more actively traded during the East Asian hours, while BTC and ETH are more actively traded in the European and US time zones.

Major crypto exchange Crypto.com is on track to bring more institutional liquidity into Bitcoin. This is courtesy of a recently announced deal with Deutsche Bank, one of the biggest financial institutions in the world. Crypto.com’s official announcement confirmed the collaboration with Deutsche Bank. It also disclosed key details about the partnership including plans for the […] The post... source: https://www.thecoinrepublic.com/2024/12/11/crypto-to-pave-the-way-for-more-crypto-institutional-liquidity-inflows/

Google has several experimental AI assistant projects that do different things, like helping users play video games and conduct in-depth research.

Crypto phishing scams are growing more advanced, using social engineering and malware to exploit social media users. Scam Sniffer reports attackers impersonate crypto influencers and use bots to mimic verification, raising the pressing question: Are scams evolving faster than we can fight them?

Once primarily used for cryptocurrency trading, stablecoins have now become versatile tools for everyday use cases, providing broad utility to the crypto-native ecosystem and TradFi.

Circle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.

Riot Platforms completes $525 million note issuance, fully increasing BTC acquisition Golden Finance, these notes are privately issued to institutional investors

Japan is set to launch its first cryptocurrency-backed credit card in 2025, a partnership between Slash Vision Labs and a major Japanese credit card issuer. This development signals Japan's increasing adoption of Web3 technologies and raises the question: Will 2025 be the year cryptocurrencies go mainstream?

What is the power of the Willow chip? How far is it from mass production?

Google says its new quantum chip suggests there are multiple universes, TechCrunch reports.

Although MPC (Multi-Party Computation, Multi-party Secure Computation) wallet and Multi-Signature Wallet (Multi-Signature Wallet) are both used to improve the security and control authority of private keys, their working principles and application scenarios are significantly different.