JUST IN: Solana SOL surpasses 100 billion market cap.
BlockBeats news, on January 5th, Slow Mist founder Cosine posted that in the top 10 runaway events of 2024 (uncertain if there will be any subsequent returns), ZKasino ranked first with a total amount of $33 million; IBXtrade ($21.8 million) and Essence Finance ($20 million) ranked second and third respectively. Cosine further said, "I often see people in the CT comment area saying," countrymen projects can't be touched, maybe they will run away... ". Although it is true that countrymen projects are also very chaotic, everyone has an information cocoon room, and there will be survivor bias, but there is no need to completely deny it. "
According to News.bitcoin, a law enforcement agency in South Africa recently arrested a 35 year old man on suspicion of using cryptocurrency to fund terrorist activities. The investigation was launched in May 2018, when the Financial Intelligence Center (FIC) and investigative teams received information about suspicious transactions suspected of being related to terrorist financing. It is reported that on November 30, 2017, the suspect purchased $614 worth of Bitcoin through virtual asset service provider Luno and transferred the funds from the suspect's bank account to Luno's custodial account. Subsequently, these bitcoins were transferred to another wallet associated with an unnamed "independent" organization. South African law enforcement agencies have stated that preliminary investigations have shown that these funds were transferred to provide weapons, economic assistance, and other projects to "participants" in another country. After determining the purpose of the funds, South African law enforcement conducted a raid on the suspect's residence on October 24th with a search warrant and seized multiple items, including firearms that were not locked in a safe place as required by law. The man is expected to appear in Lichtenburg District Court on January 6th.
Odaily Planet Daily News: In response to the views put forward by members of the Ethereum community, such as "L2 is the most sustainable block sales business," Solana co-founder Anatolly Yakovenko commented, "It seems logical, but it is also wrong. Multiple L2's are meaningless. If a single L2 can handle parallel execution, then it can exhaust all Blobspace and run every use case. More importantly, there are no infinitely useful smart contracts, let alone execution environments. There are only about 6 important (underlying) smart contracts. The options for developers are infinite, which is simply unnecessary. In fact, any developer selectivity that increases business risk, such as the ERC20 interface, is negative. Does each additional sorter, L2 multi signature, governance system, VM customization, etc. increase business risk Subsequently, he added in the comment section, "Among all chains, what people are using and doing today are tokens, NFTs, and AMMs. Then there may be joint curves/lending/oracle machines/globs/erps. I haven't seen this change become a decisive driving factor for PMFs yet
ADA will unlock 18.52 million tokens today, worth approximately $19.64 million, accounting for 0.041% of the total supply. The current circulation is 38.52 billion pieces, with a total of 45 billion pieces.
According to Bitcoin News, Morgan Stanley's global market strategist stated in a report that with the help of Trump's victory, 2024 is a crucial year for digital assets, with an expected record breaking $78 billion entering the cryptocurrency market. This capital inflow includes several key components: a net inflow of $27 billion from cryptocurrency funds, $14 billion invested in CME futures, $14 billion raised by cryptocurrency venture capital funds, $22 billion in Bitcoin purchased by MicroStrategy, and another $1 billion in Bitcoin purchased by Bitcoin miners. In other words, MicroStrategy's Bitcoin purchases alone accounted for 28% of last year's record breaking capital inflows into the cryptocurrency market.