Recently, the Solana ecosystem has been bustling. Lily Liu, President of the Foundation, pointed out that the lending market is limited in scale and called for more attention on how to attract traditional finance users. Jupiter's risk disclosure issues sparked controversy, leading Kamino to block its tools. While internal competition is interesting, expanding the market is even more important.

[BlockBeats] On December 7, Lily Liu, head of the Solana Foundation, suddenly posted a thought-provoking message, directly @-mentioning the lending protocols Kamino and Jupiter.
She started by throwing out some numbers: our entire Solana lending market is capped at $5 billion right now. Ethereum? That's about 10 times ours. As for the collateral market in traditional finance, the scale is astronomical. Then she shifted the focus—"Instead of infighting and mocking each other, why not think about how to grab a bigger share from the crypto space and ultimately take a bite out of the hard nut that is traditional finance?"
Her words clearly had a target. Recently, Jupiter's COO Kash Dhanda was pressured by the community to admit fault and acknowledge that previous promotions of their Jupiter

On December 7, the cryptocurrency Fear & Greed Index dropped to 20, indicating "extreme fear" in the market. This index combines multiple dimensions such as market volatility, trading volume, and social media discussions, reflecting a rather pessimistic market sentiment.

Moore Threads was listed on the STAR Market on December 5, with its stock price soaring nearly 470% on the first day, and its market value surpassing 300 billion. However, founder Li Feng's past has drawn attention—he was previously involved in the ICO project "Malege Coin" and was implicated in a controversy where he allegedly disappeared after borrowing 1,500 BTC, damaging his credibility.

[Bitpush] The quantum computing threat is a bit overhyped.
Latest research shows that a quantum computer truly capable of breaking modern encryption systems is basically out of reach before 2030. But that doesn’t mean we can just sit back and relax—a leading investment firm has proposed a smart approach: adopt hybrid encryption schemes now.
Why? Because there’s an attack method called “store now, decrypt later with quantum computers.” This technique does pose a significant threat to traditional communications encryption, but its impact on blockchain digital signatures is limited. So, on-chain projects don’t need to rush to change their signature algorithms—they can take their time.
However, Bitcoin faces some unique troubles. Its governance mechanism is notoriously slow to change, and there are many early coins that may already be lost, sitting in addresses highly vulnerable to quantum attacks. A migration plan needs to be prepared in advance. Privacy chains face even more urgency, as their transaction data is already encrypted and must be protected from quantum threats as soon as possible.
Ultimately, compared to distant...

Recently, an institution has been aggressively buying the dip in Ethereum, purchasing nearly $200 million in a short period, while on-chain veterans have chosen to short, increasing their short positions to $21 million, indicating intensifying market divergence. Meanwhile, there have been consecutive net outflows from ETFs, making the overall situation complex.

Aztec's token public sale was successful, with a total subscription amount of 19,476 ETH and 16,741 participating addresses, demonstrating strong support from long-term users. Holding 200,000 AZTEC tokens allows you to start earning block rewards. The TGE requires an on-chain governance vote to be triggered and is expected to unlock as early as February 11 next year. Only those who participated in the sale have voting rights.

Institutional funds are pouring into the crypto sector, with the digital asset custody market expected to grow to $683.38 billion in 2024. Despite increased regulation and liquidity adjustments, 55% of hedge funds still hold digital assets, reflecting that cryptocurrencies are gradually becoming mainstream investment assets.

[Crypto World] The high costs of traditional telecom networks have always been a persistent problem, but DePIN is solving it in a smarter way—by turning your idle home Wi-Fi router into a money-making network node.
Let’s look at real-world examples: Helium Mobile uses community-deployed hotspots to expand network coverage; Nodle goes a step further by turning smartphones into mobile base stations; DIMO is even more impressive, directly connecting over 425,000 cars to share driving data. The core of this model is token incentives—contribute bandwidth or computing power, and you get rewarded with tokens.
How attractive is this model? Some institutions predict the entire DePIN market could reach $3.5 trillion by 2028. For telecom companies, costs can be reduced; for users, the connection experience is smoother and can automatically switch networks. Node operators also benefit, as stable token rewards keep participation enthusiasm high.
Simply put,

【比推】美国金融服务商 Clear Street 最快明年1月要IPO了。这家机构这两年在加密股票承销圈子里挺活跃，帮不少加密财库公司（DAT）搞过股票发行，Strategy 那边的好几轮融资都有他们身影，甚至特朗普那个媒体科技集团的承销也是他们接的活。传统金融玩家盯上加密赛道的案例又多了一个。

Next year may see an IPO showdown between OpenAI and Anthropic, as Anthropic prepares to go public and raise significant funds, with a potential valuation exceeding $300 billion. This will drive the development of the AI industry chain, and investors can participate through stablecoins, but should be cautious in controlling risks.

[Crypto World] PIPPIN has surged over 80% in the past day, with a huge whale aggressively buying in behind the scenes.
On-chain data shows that two mysterious wallets almost perfectly timed the market—rushing to build positions right before and after the price took off, pouring a total of $1.5 million into PIPPIN within 24 hours.
Specifically: the address HWBDGG is currently holding $4.47 million worth of PIPPIN, definitely a big player; another wallet, DywiW8, is not far behind, holding $636,000. This move was extremely precise—either they got insider information in advance, or they have extremely strong confidence in this token.

A well-known whale has been actively adjusting positions in a short period, closing ZEC short positions and increasing BTC and SOL shorts, with total holdings reaching $24.18 million. After a series of maneuvers, they turned a floating loss of $300,000 into a profit of $570,000. Trading history shows that starting with a principal of $3 million, they experienced significant gains and losses, but have recently returned to profitability with 15 consecutive wins.

Recent volatility in SOL's price has attracted attention. Although a bullish engulfing pattern has appeared, trading volume is shrinking and the market is exhibiting strong wait-and-see sentiment. MACD shows no clear trend, and KDJ has entered the oversold zone, suggesting a potential rebound. It is recommended to watch 123.86 as a buying point and set a stop loss at 123.24. Exercise caution in operations.

Recently, a newly created wallet address received 22,676 ETH, worth approximately $68.86 million, from BitGo, which may be related to BitMine. This large transfer has attracted market attention and serves as a reminder for investors to monitor whale fund movements.

Circle has added 2 billion USDC within a week, bringing the circulation to 78 billion. Its reserve structure is strong, with $78.1 billion in assets mainly invested in low-risk instruments such as overnight repurchase agreements and short-term government bonds, demonstrating continued market demand for compliant stablecoins.