Airdrop

An Airdrop is a distribution of free tokens to a community, typically used as a marketing tool or a reward for early protocol adopters and testers. In 2026, the "points-to-airdrop" model has matured into merit-based incentive programs that utilize Sybil-resistance and Proof-of-Humanity to filter out bots. Airdrops remain a primary method for decentralized governance (DAO) bootstrapping. Follow this tag for the latest on retroactive rewards, eligibility criteria, and how to participate in the most anticipated token distributions in the ecosystem.

5443 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Hyperliquid (HYPE) Under Pressure After Support Breach, $24 in Sight?

Hyperliquid (HYPE) Under Pressure After Support Breach, $24 in Sight?

The post Hyperliquid (HYPE) Under Pressure After Support Breach, $24 in Sight? appeared on BitcoinEthereumNews.com. Key Insights Hyperliquid (HYPE) token broke below a major support zone identified by analyst Ali. The breakdown suggests increased downside momentum in the short term. The next technical target highlighted is the $24 level. Hyperliquid’s HYPE token has breached a critical support level around $30, sliding 8.9% in the past 24 hours to $28.35 as of December 7, 2025. Analysts are now watching $24 as the next potential floor amid a broader market cooldown that saw trading volume drop 22% to $246.65 million. Crypto analyst Ali Martinez highlighted the downside in a December 7 X post, sharing a 1-hour chart showing HYPE’s break below the descending triangle base near $30, opening the path to $24 if momentum holds. Launched in late 2024 as Hyperliquid’s native token, HYPE has surged 641.8% from its $3.81 all-time low but faces its first major test since the September 18 peak of $59.30, with circulating supply at 270 million tokens and market cap at $7.67 billion per CoinGecko data. For Hyperliquid, the layer-1 perp DEX boasting $2.15 billion TVL and $835,775 in daily fees, this pressure tests resilience after a $314 million token unlock on November 29, but on-chain metrics like RSI at 28.88 signal oversold conditions ripe for a rebound if $26.5 holds. Hyperliquid’s Recent Momentum: From ATH to Support Test Hyperliquid launched HYPE in November 2024 with a selective airdrop to 94,000 users averaging $45,000-$50,000 each — one of crypto’s most generous distributions, per CoinMarketCap’s November 29 recap. The token rocketed 94.1% year-to-date, hitting $59.30 on September 18 amid DeFi hype, but corrected to $20.24 in late December 2024 before climbing back. By early December 2025, HYPE traded at $33.52, up 14% weekly despite a 1.8% daily dip, outperforming Bitcoin’s flatline. Martinez’s December 7 post featured a candlestick chart marking the $30 breach:…

Author: BitcoinEthereumNews
Important news from last night and this morning (December 7th - December 8th)

Important news from last night and this morning (December 7th - December 8th)

Farcaster announces strategic shift: from a social-first approach to wallet-driven growth. Farcaster co-founder Dan Romero announced on social media that the project focuses on creating a wallet that attracts more users. After a four-and-a-half-year trial of a social-first strategy that failed, they decided to increase investment in this area as the wallet business continued to grow. This means that new features and product positioning will be centered around the wallet. Romero emphasized, "We have transformed; the product is now focused on wallet users. And the most important function of our wallet is trading. That's the core. People are free to use the product without using the wallet. But we focus on the wallet/trading." HumidiFi: New token public sale will begin on December 8th at 23:00. HumidiFi announced on its X platform that its new token public sale will begin at 10:00 AM Eastern Time the following day, which is 14 hours later. This corresponds to 11:00 PM Beijing Time on December 8th. Previously, HumidiFi stated that its initial public sale was disrupted by bots, preventing ordinary users from participating. It will restart the public sale next Monday and airdrop new tokens, distributing them proportionally to Wetlist and JUP staking users. A whale went long on 1.38 million HYPE tokens and is currently experiencing a paper loss of $12.01 million. According to on-chain analyst Ember, a whale went long on 1.38 million HYPE tokens (worth $41.36 million) at $38.60 and is currently experiencing a paper loss of $12.01 million. His liquidation price was $23.70. Robinhood will enter the Indonesian market through the acquisition of a brokerage business and a crypto trading platform. According to Reuters, Robinhood announced in a blog post on Sunday that it will acquire Indonesian brokerage firm Buana Capital Sekuritas and licensed digital asset dealer Pedagang Aset Kripto, marking the retail trading platform's official entry into one of Southeast Asia's major cryptocurrency hubs. Indonesia boasts over 19 million capital market investors and 17 million cryptocurrency traders, highlighting its appeal in stock and digital asset trading. Acquiring brokerage firms helps companies meet regulatory requirements, establish a business presence, and thus more easily enter new markets; while acquiring licensed digital asset dealers accelerates access to cryptocurrency products. Robinhood did not disclose the financial terms of the transaction, which is expected to close in the first half of 2026. The company stated that Pieter Tanuri, the major shareholder of both Indonesian companies, will continue to serve as a strategic advisor to Robinhood. Bloomberg: The median share price of DAT companies listed in the US and Canada has fallen 43% this year. According to Bloomberg, the median share price of publicly traded digital asset treasuries (DATs) in the US and Canada has fallen 43% this year. In contrast, Bitcoin has only fallen about 6% since the beginning of the year. Ethereum treasury company SharpLink's share price has fallen 86% from its peak, and its market capitalization is even lower than the value of its digital token holdings. Currently, the company's share price is about 0.9 times the value of its Ethereum holdings. SharpLink previously announced it was abandoning its original gaming business and instead issuing shares to purchase a large amount of Ethereum, causing its share price to surge by over 2600% in a few days. However, it is relatively fortunate compared to Greenlane, whose share price has plummeted by over 99% this year despite holding approximately $48 million worth of BERA crypto tokens. Furthermore, the share price of Alt5 Sigma, a WLFI treasury company supported by Trump's two sons, has fallen about 86% since its June peak. Some fortunate DAT companies still have a market capitalization higher than their underlying holdings, but most investors who bought near the peak have lost money, and 70% of these companies' share prices are likely to be lower than their beginning-of-year levels by the end of the year. The worst performers were publicly traded companies that avoided Bitcoin in favor of smaller, more volatile tokens. This volatility in their stocks was at least partly due to the heavy borrowing involved in their cryptocurrency acquisitions. Meanwhile, for smaller, lesser-known DAT companies, the chances of raising capital became even slimmer as cryptocurrency prices fell and investor enthusiasm waned. Bittensor will undergo its first halving on December 14th, at which time the daily supply of TAO will decrease to 3600 tokens. According to Cointelegraph, the AI project Bittensor will undergo its first halving on December 14, at which time the daily supply of TAO will decrease from 7,200 to 3,600. Changpeng Zhao: Binance's registered users have exceeded 300 million. Binance founder Changpeng Zhao posted on the X platform that "Binance has over 300 million registered users." Ethena withdrew another 25 million ENA tokens from Bybit, worth $7.05 million. According to Onchain Lens monitoring, Ethena further withdrew 25 million ENA from Bybit, worth $7.05 million. The wallet currently holds 779.89 million ENA, with a total value of $207.7 million. ZKsync plans to abandon its early network, ZKsync Lite, in 2026. According to The Block, ZKsync announced on Sunday that it plans to discontinue ZKsync Lite (formerly ZKsync 1.0), the original zero-knowledge rollup solution launched on Ethereum in 2020, sometime next year. In its announcement, ZKsync stated that this is a planned and orderly system phase-out, that the system has fulfilled its mission, and will not affect any other ZKsync systems. The team will release specific details, dates, and migration guidelines next year. According to L2BEAT data, although ZKsync Lite currently processes fewer than 200 operations per day, approximately $50 million in user funds remain on the network. ZKsync stated that the funds are safe, and withdrawals to L1 will continue to operate normally throughout the process. ZKsync emphasized that this discontinuation will not affect its other products. It is understood that Matter Labs, the company behind ZKsync, launched the fully functional zkEVM—ZKsync Era—in March 2023, a system capable of running arbitrary smart contracts, and has since ceased active development of ZKsync Lite. The team stated that their next focus will be on systems built on the ZK Stack, Prividiums, and the broader ZKsync network. The long positions held by the "whale that opened short positions after the 1011 flash crash" have reached $164 million, and are currently showing a floating loss of $950,000. Hyperbot data shows that the long position held by the "whale that opened short positions after the 1011 flash crash" has increased to 54,277.3393 ETH, worth approximately $164 million, with an average opening price of $3,048.31 and a floating loss of approximately $950,000. In addition, five hours ago, it placed a buy order for 20,000 ETH at $3,000, worth approximately $6,000, which has not yet been filled. "The inside story of the whale shorting after the 1011 flash crash" has reopened long positions on ETH after 9 days. According to on-chain analyst Ai Yi's monitoring, the "whale that opened short positions after the 1011 flash crash" has opened long positions in ETH again after 9 days. He currently holds 9010.4 ETH (US$26.77 million), with an average opening price of US$2959.4. He also has a limit buy order of 989.6 ETH at US$2958. If all of them are filled, his holdings will be exactly 10,000 ETH. Michael Saylor has released another Bitcoin Tracker update; he may disclose his accumulating data next week. Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), posted another Bitcoin Tracker update on the X platform, writing "₿ack to Orange Dots?". Historically, Strategy typically discloses Bitcoin accumulation data the day after he posts the Tracker update. Analysis: The current market shares similarities with the early stages of the 2022 bear market, but investor sentiment is beginning to stabilize and improve. Glassnode's latest weekly report points out that the current market situation bears similarities to the early stages of the 2022 bear market (also known as the crypto winter). Open interest continued to decline between November and December, indicating a decrease in market risk appetite, especially after the liquidation flash crash on October 10th. Options market sentiment is cautious, with investors more inclined to sell than chase gains. Earlier this week, as Bitcoin prices approached $80,000, put option buying dominated, but as prices subsequently stabilized and investor panic subsided, funds flowed into call options. Perpetual contract funding rates remained largely neutral, only briefly turning negative, while funding premiums also declined significantly, indicating a more balanced market environment and reduced speculation. ETF demand continues to weaken, with IBIT experiencing outflows for the sixth consecutive week, marking the longest consecutive negative outflow record since its launch in January 2024, with total redemptions exceeding $2.7 billion over the past five weeks. Derivatives data further confirms the decline in risk appetite. Data: Total USDT supply surpasses 190 billion, setting a new record. According to the latest data from Coingecko, the total supply of USDT, the USD stablecoin issued by Tether, has exceeded 190 billion, currently reaching 191,099,037,578 (of which the circulating supply is 185,632,100,913), with a market capitalization of $185,929,020,830, both of which are new all-time highs. Data: APT, LINEA, CHEEL and other tokens will see large-scale unlocking, with APT unlocking value estimated at approximately $19.3 million. According to Token Unlocks data, tokens such as APT, LINEA, and CHEEL will see large-scale unlocks next week. Specifically: Aptos (APT) will unlock approximately 11.31 million tokens at midnight Beijing time on December 12th, representing 0.83% of the circulating supply, worth approximately $19.3 million; Linea (LINEA) will unlock approximately 1.38 billion tokens at 7 PM Beijing time on December 10th, representing 6.67% of the circulating supply, worth approximately $11.1 million; Cheelee (CHEEL) will unlock approximately 20.81 million tokens at 8 AM Beijing time on December 13th, representing 2.86% of the circulating supply, worth approximately $10.8 million; and BounceBit (BB) will unlock approximately 29.93 million tokens at 8 AM Beijing time on December 9th, representing 3.42% of the circulating supply, worth approximately $2.7 million. A whale deposited 3 million USDC into HyperLiquid and opened a short position on ETH with 10x leverage. According to Onchain Lens monitoring, a whale deposited 3 million USDC into Hyperliquid and opened a 10x leveraged short position on ETH. A wallet suspected to be Windemute has accumulated approximately $5.2 million worth of SYRUP tokens over the past two weeks. According to Arkham's monitoring, a wallet suspected to belong to Wintermute has been actively accumulating SYRUP tokens recently. In the past two weeks, a total of $5.2 million worth of SYRUP tokens have been withdrawn from multiple exchanges and transferred to the market maker's associated wallet. As of now, this wallet holds approximately 20.397 million SYRUP tokens, worth $6.1 million. A newly created wallet deposited 3 million USDC into Hyperliquid and opened a 10x leveraged long position in HYPE. According to Onchain Lens monitoring, a newly created wallet deposited 3 million USDC into Hyperliquid and opened a 10x leveraged long position in HYPE. Director of the Cyberspace Administration of China: Accelerate innovation in digital and intelligent technologies such as blockchain, and enhance the support capabilities of common blockchain services. According to the People's Daily, Zhuang Rongwen, director of the Cyberspace Administration of China, pointed out in an interview with the People's Daily that the cyberspace administration will earnestly enhance its sense of responsibility and urgency in modernization and informatization. First, it will accelerate the innovation and breakthrough of network information technology, and accelerate the innovation of digital and intelligent technologies such as artificial intelligence and blockchain. Second, it will accelerate the development of the industrial ecosystem, promote the empowerment of the real economy by digital and intelligent technologies, and enhance the common service support capabilities of blockchain. Analysis: Smart money on the Hyperliquid platform is still betting on a short-term decline in ETH, with short positions expanding. Data from blockchain analytics platform Nansen shows that "smart money" on Hyperliquid (typically referring to the highest-performing traders) is still betting on a short-term decline in Ethereum's price, with short positions increasing by $2.8 million in the past 24 hours. The total net short position in Ethereum on the platform now exceeds $21 million. Furthermore, analysis reveals that demand for ETFs, a key driver of Ethereum liquidity, remains insufficient. Farside Investors data shows that spot Ethereum ETFs have experienced net outflows for two consecutive days as of Friday, recording an outflow of approximately $75.2 million, compared to a net outflow of approximately $41.5 million the previous day.

Author: PANews
HumidiFi: New token public sale will begin on December 8th at 23:00.

HumidiFi: New token public sale will begin on December 8th at 23:00.

PANews reported on December 8th that HumidiFi announced on its X platform that its new token public sale will begin at 10:00 AM Eastern Time the following day, which is 14 hours later. This translates to 11:00 PM Beijing Time on December 8th. Previously , HumidiFi stated that its initial public sale was disrupted by bots, preventing ordinary users from participating. The sale will be restarted next Monday with a new token airdrop, distributed proportionally to Wetlist and JUP staking users.

Author: PANews
Critical Warning: 7 Chinese Financial Groups Slam RWA Tokenization and Crypto Activities

Critical Warning: 7 Chinese Financial Groups Slam RWA Tokenization and Crypto Activities

BitcoinWorld Critical Warning: 7 Chinese Financial Groups Slam RWA Tokenization and Crypto Activities In a decisive move that reinforces China’s unwavering stance, a powerful coalition of seven major financial associations has issued a stark warning. Their target? The burgeoning world of cryptocurrency, with a specific focus on the tokenization of real-world assets (RWA). This announcement sends a clear message to the global market: China’s crypto ban is not […] This post Critical Warning: 7 Chinese Financial Groups Slam RWA Tokenization and Crypto Activities first appeared on BitcoinWorld.

Author: bitcoinworld
China Bans RWA for First Time: 7 Agencies’ Biggest Crypto Crackdown Since 2021

China Bans RWA for First Time: 7 Agencies’ Biggest Crypto Crackdown Since 2021

The post China Bans RWA for First Time: 7 Agencies’ Biggest Crypto Crackdown Since 2021 appeared on BitcoinEthereumNews.com. Seven major Chinese financial industry associations jointly issued a risk warning, marking the most comprehensive crypto crackdown since the 2021 ban that drove all crypto exchanges out of the country. The associations cover banking, securities, funds, futures, payment clearing, listed companies, and internet finance. They stated that all crypto-related business activities, including stablecoins, airdrops, mining, and, notably, real-world asset (RWA) tokenization, are illegal in China. Sponsored Sponsored RWA Tokenization Enters Regulatory Crosshairs The statement, which was issued on Dec 5, explicitly noted that Chinese financial regulators have “not approved any real-world asset tokenization activities,” marking the first official prohibition of RWA in the country. A researcher explained that the last time this coalition mobilized was September 24, 2021. It was when 10 government departments jointly issued the “Notice on Further Preventing and Disposing of Risks from Virtual Currency Trading Speculation.” That action forced all cryptocurrency exchanges to exit China and shut down all mining operations. China’s share of global Bitcoin hashrate plummeted from 75%. This move comes as global RWA tokenization surpasses $30 billion in market size. Major players like BlackRock’s $2 billion BUIDL fund—tokenized by Securitize and accepted as collateral on Binance, Crypto.com, and Deribit—are driving mainstream adoption. Chinese regulators appear concerned that RWA tokenization could become a sophisticated tool for capital flight. The mechanism would allow individuals to convert domestic assets into tokens, transfer them to offshore wallets, and exchange them for foreign currency—all bypassing traditional banking and foreign exchange controls. Enforcement Tightens With Multi-Agency Coordination The statement reemphasized that virtual currencies, including stablecoins and tokens such as Pi coin, lack legal status and cannot be circulated in China. Individuals and organizations may not issue, exchange, or raise funds via RWAs or virtual currencies within mainland China. This restriction also applies if offshore companies employ staff based in…

Author: BitcoinEthereumNews
Crypto Holiday Gift Guide 2025

Crypto Holiday Gift Guide 2025

The post Crypto Holiday Gift Guide 2025 appeared on BitcoinEthereumNews.com. With the holiday season just around the corner, it’s time to start piling presents under the tree. Here’s our pick of the best options for the crypto fan in your life. Ledger Nano Gen5 Ledger Nano Gen5. Image: Ledger ledger.com, $179 Hardware wallet manufacturer Ledger is doing its level best to present itself as the Apple of crypto, enlisting iPod designer Tony Fadell to create its new product line, and now Apple Macintosh icon designer Susan Kare to work on the graphics for its latest offering. As you might expect, the Nano Gen5 is a slick-looking, consumer-friendly bit of kit, with an E Ink touchscreen interface, Bluetooth and NFC, and secured by a CC EAL6+ Secure Element chip. Ledger raised some eyebrows after ending support for its original Ledger Nano S earlier this year, but that does mean there’s an opportunity to gift an upgraded model. Cold Wallet (Blu-ray) Cold Wallet Blu-ray. Image: Well Go USA amazon.com, $11 After ominously named crypto exchange Tulip collapses in suspicious circumstances, a luckless bagholder enlists his friends to kidnap the founder and retrieve his missing funds. This thriller from director Cutter Hoderine is notable for being one of the first films to accurately depict crypto on-screen. It’s also partly funded by Web3 film fund Decentralized Pictures through a grant from executive producer Steven Soderbergh—which, inevitably, led to it being billed as “the crypto ‘Ocean’s Eleven.’” That’s not entirely accurate, though. “Cold Wallet” is no globetrotting heist movie, instead it’s a character piece that pits the hostage-takers against the mind games of their billionaire nemesis, before a shocking act of violence turns the film into a riff on “The Most Dangerous Game.” A good stocking-filler—and with its snowbound Massachusetts setting, a suitably chilly bit of Christmas Day viewing. Read our review “This Is for…

Author: BitcoinEthereumNews
Weekly: Ethereum Fusaka Update, BNB Chain Prediction Market and Strategy Problems

Weekly: Ethereum Fusaka Update, BNB Chain Prediction Market and Strategy Problems

The Incrypted editorial team has prepared a fresh weekly digest of key events in the Web3 and AI sphere. In it we will tell you about the launch of the BNB Chain blockchain prediction market, vetoing of the crypto market bill in Poland, problems of crypto-treasury companies, $1.1 billion in illegal mining, Fusaka update on […] Сообщение Weekly: Ethereum Fusaka Update, BNB Chain Prediction Market and Strategy Problems появились сначала на INCRYPTED.

Author: Incrypted
Weekly Preview | The Federal Reserve FOMC announces its interest rate decision; the Stable blockchain mainnet will officially launch on December 8th.

Weekly Preview | The Federal Reserve FOMC announces its interest rate decision; the Stable blockchain mainnet will officially launch on December 8th.

Breaking News Preview: The stablecoin blockchain Stable will launch its mainnet at 21:00 Beijing time on December 8th. At 3:00 AM Beijing time on December 10, the Federal Reserve FOMC released its interest rate decision and summary of economic projections. HashKey Holdings is expected to begin accepting subscription orders from investors for its Hong Kong initial public offering as early as next week; Rainbow will announce the specific timing of TGE early next week; Aptos (APT) will unlock approximately 11.31 million tokens at midnight Beijing time on December 12, representing 0.83% of the circulating supply, with a value of approximately $19.3 million. December 8 France's second-largest banking group, BPCE, will support customers in buying and selling cryptocurrencies starting December 8th. BPCE, France's second-largest banking group, will begin allowing customers to buy and sell cryptocurrencies on its banking app on December 8, 2025. The service will launch initially across four entities within the group (out of a total of 29), belonging to the Banque Populaire and Caisse d'Épargne networks. The service will gradually expand throughout France, reaching BPCE's approximately 35 million retail customers. Currently supported assets include Bitcoin, Ethereum, Solana, and USDC. Project Updates: The Stable mainnet will launch on December 8th at 21:00. Stablecoin blockchain has announced that its mainnet will officially launch at 21:00 Beijing time on December 8th. Jupiter: The HumidiFi (WET) token public sale will resume at 23:00 on December 8th. Jupiter announced on its X platform that the WET public sale phase will restart on December 8th at 11 PM (UTC+8). The public sale phase scheduled for December 4th at 10 AM (Eastern Time) has been cancelled, and all addresses that participated in that phase will receive a refund in USDC. New WET tokens will be deployed, and old WET tokens will become invalid. Users who successfully participated in the Wetlist and Jup Stakers phases will retain their allocated shares and can claim them on TGE day through the DTF claim page. Previously, it was reported that HumidiFi would restart its public sale and airdrop new tokens next Monday, distributing them proportionally to Wetlist and JUP staking users. Blockchain analytics platform Bubblemaps published an article on its X platform stating that it has identified the WET token snipeer, "Ramarxyz," who used over 1000 wallets to purchase 70% of the HumidiFi presale tokens and subsequently demanded refunds. December 9 Macroeconomics: At midnight Beijing time on December 9th, the US released the New York Fed's 1-year inflation forecast for November; Exchange: Binance will support the Polygon (POL) network upgrade and hard fork, and will suspend deposits and withdrawals on December 9th. According to a Binance announcement, in order to support the Polygon (POL) network upgrade and hard fork, the platform will suspend the deposit and withdrawal services of POL network tokens starting at 17:00 (UTC+8) on December 9, 2025. The upgrade is expected to take place at block height 80,084,800 (approximately 18:00 UTC+8). Project Updates: Twenty One Capital will list on the NYSE on December 9. Jack Mallers, CEO of Bitcoin finance company Twenty One Capital, stated on the X platform that Twenty One expects to begin trading on the New York Stock Exchange (NYSE) on December 9th, under the ticker symbol XXI. As part of the transaction completion process, over 43,500 bitcoins will be transferred from escrow accounts to its own custody accounts. Proof of reserves will be updated accordingly. Previously, it was reported that Twenty One would seek to trade under the ticker symbol "XXI" after the business merger was completed. Linea: The airdrop claim window closes on December 9th, and all airdrop tokens are fully unlocked. The Layer 2 project Linea opened its airdrop application window in September this year and ended on December 9. 85% of the total supply of LINEA was allocated to the ecosystem, with 10% allocated to early users and developers, 75% going to the ecosystem fund, and no allocation to the team or VCs. All airdropped tokens were fully unlocked. Token unlocking: BounceBit (BB) will unlock approximately 29.93 million tokens at 8:00 AM Beijing time on December 9th, representing 3.42% of the circulating supply, with a value of approximately $2.7 million. December 10 Macroeconomics: At 3:00 AM Beijing time on December 10th, the Federal Reserve's FOMC released its interest rate decision and summary of economic projections; at 3:30 AM, Federal Reserve Chairman Powell held a press conference on monetary policy. Exchange: Binance Futures will delist several USDT-margined perpetual contracts, including SKATEUSDT and REIUSDT, on December 10th. Binance Futures will automatically liquidate the SKATEUSDT, REIUSDT, FISUSDT and VOXELUSDT U-margined perpetual contracts at 17:00 (UTC+8) on December 10, 2025, and will delist the above perpetual contract trading pairs after the liquidation is completed. Token unlocking: Linea (LINEA) will unlock approximately 1.38 billion tokens at 7 PM Beijing time on December 10th, representing 6.67% of the circulating supply, worth approximately $11.1 million. December 11 Exchange: Binance will delist several FDUSD leveraged trading pairs on December 11. Starting at 14:00 (UTC+8) on December 11, 2025, the platform will remove several cross-margin and isolated margin trading pairs, including PENGU/FDUSD, NOT/FDUSD, FLOKI/FDUSD, and INJ/FDUSD. Isolated margin lending for these pairs will be suspended on December 8, and forced liquidation and liquidation will be triggered on December 11. Binance advises users to close their positions and transfer their assets out of the market in a timely manner to avoid potential losses. Project Updates: Do Kwon faces up to 25 years in prison; sentencing is expected to be announced on December 11. Terraform Labs founder Do Kwon pleaded guilty in New York to conspiracy to commit fraud and wire fraud related to the crash of TerraUSD and Luna, which resulted in approximately $40 billion in losses for investors. Prosecutors allege he concealed the manipulation of TerraUSD prices by high-frequency trading firms, misleading investors. Kwon agreed to pay an $80 million fine and was banned from participating in cryptocurrency trading. Sentencing is scheduled for December 11, with a maximum sentence of 25 years. Prosecutors agreed to recommend a sentence of no more than 12 years after his guilty plea. December 12 Macroeconomics: At 9:00 PM Beijing time on December 12, Paulson, a 2026 FOMC voting member and president of the Philadelphia Federal Reserve, will speak on the economic outlook; at 9:30 PM, Hamak, a 2026 FOMC voting member and president of the Cleveland Federal Reserve, will speak. Project Updates: CNBC: xAI raises $15 billion in Series E funding round, which will close on December 12. According to CNBC, citing sources, xAI has raised $15 billion in its Series E funding round. The round will close on December 12th. Token unlocking: Aptos (APT) will unlock approximately 11.31 million tokens at midnight Beijing time on December 12, representing 0.83% of the circulating supply, with a value of approximately $19.3 million. December 13 Token unlocking: Cheelee (CHEEL) will unlock approximately 20.81 million tokens at 8:00 AM Beijing time on December 13th, representing 2.86% of the circulating supply, with a value of approximately $10.8 million. December 14 None available Specific time to be determined Exchange: Bloomberg: HashKey will begin accepting subscription orders from investors next week for its Hong Kong IPO, aiming to raise at least $200 million. Cryptocurrency trading operator HashKey Holdings Ltd. is expected to begin accepting subscription orders from investors as early as next week for its Hong Kong initial public offering (IPO). HashKey aims to raise at least $200 million in the IPO and plans to list as early as this month, though details such as the IPO size and timing are still subject to change. HashKey did not immediately respond to requests for comment. Project Updates: The Rainbow Foundation will hold a 20% stake in the project, and the specific timing for TGE will be announced early next week. The Rainbow Foundation announced that it will hold a 20% stake in the project during the Token Generation Event (TGE). This stake will be held by the Foundation on behalf of all $RNBW token holders, ensuring that token holders can share in the project's future growth. To this end, Rainbow has created a dedicated Class F stake for the Foundation. The $RNBW token will be deeply integrated into the Rainbow ecosystem, becoming the core of the platform's rewards and equity system. Users will generate income through Rainbow's features (such as trading and prediction markets), with a portion of the revenue used to buy back $RNBW tokens and distribute them to token holders in real time. This reward mechanism is based on real economic activity, not simply token release. If the Rainbow project is acquired in the future, the foundation will be dissolved, and 20% of its equity proceeds will be distributed to $RNBW token holders. Currently, Rainbow plans to announce the specific timeline for TGE early next week and prioritize completing the relevant procedures for the foundation's equity distribution. The prediction market DeFi layer Gondor will launch its beta version next week. Gondor, a prediction market DeFi layer, announced the completion of a $2.5 million funding round. It will launch a beta version next week, which will support lending using Polymarket holdings as collateral and trading with 2x leverage. Later, it will expand the leverage to 4-5x through cross-margining. Doodles has announced that it will release 25,000 Doopie Cubes on Solana next week. Doodles has announced that it will release 25,000 Doopie Cubes on Solana next week, which community OGs and Dooplicators holders can claim for free.

Author: PANews
Cardano (ADA) Price: Will Midnight Launch on Monday Extend the Rally?

Cardano (ADA) Price: Will Midnight Launch on Monday Extend the Rally?

TLDR Cardano (ADA) is trading at $0.4185, down from its year-to-date high of $1.3202, and is approaching a key support trendline that has held since June 2023. The Midnight sidechain mainnet launches Monday with its NIGHT token, which has been confirmed for listing on major exchanges including Bybit, Gate, and OKX. ADA has formed an [...] The post Cardano (ADA) Price: Will Midnight Launch on Monday Extend the Rally? appeared first on CoinCentral.

Author: Coincentral
Cardano price settles at a key level ahead of the Midnight launch: will it rebound?

Cardano price settles at a key level ahead of the Midnight launch: will it rebound?

Cardano price remains in a technical bear market and is hovering near its lowest level since November last year as traders wait for the upcoming launch of the Midnight mainnet and as more exchanges confirmed the NIGHT token listing. Cardano…

Author: Crypto.news