ETH falls below the $3200 mark

[Pepe Memecoin Official Website Hit by Front-End Attack, Users Redirected to Malicious Links] The official website of Pepe Memecoin has suffered a front-end attack. Blockaid monitoring revealed that attackers redirected users to malicious links and implanted 'Inferno Drainer' code into the website. Inferno Drainer is a scam toolkit that includes phishing templates, wallet-draining tools, and social engineering tools. Currently, the price of Pepe tokens remains unaffected by the incident, rising approximately 4% in the past 24 hours. Blockaid advises users to avoid the website until the issue is resolved.

[Fidelity International: Trump Policies May Boost Emerging Market Asset Appeal in 2026] Fidelity International stated that if emerging markets perform strongly in 2025, 2026 could hold even greater potential. The institution, which manages over $1 trillion in assets, believes that a weakening U.S. dollar will continue to drive the appreciation of assets in developing countries. Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, pointed out that Trump’s push for further Federal Reserve interest rate cuts and his tacit approval of the U.S. dollar giving back last year’s gains will enhance the appeal of assets in developing economies. He also noted that while emerging market trades are widely discussed, large-scale capital inflows have yet to occur, which could lay the groundwork for even larger inflows into emerging market bonds in 2026.

[Meta Plans to Cut Metaverse Project Budget by Up to 30%] Meta Platforms Inc. CEO Mark Zuckerberg plans to significantly reduce resources for the metaverse business. Executives have discussed cutting the budget for virtual world product Meta Horizon Worlds and the Quest virtual reality division by up to 30%. If the maximum reduction is implemented, layoffs could occur as early as January.

OKX-BTC/USDT is currently trading at $91962, with a 5-minute drop of 0.48%. Please be aware of the market fluctuations.

[Lighter Launches Spot Trading Functionality, First Supported Asset is ETH] Crypto trading protocol Lighter announced that its platform now supports spot trading, allowing users to deposit, withdraw, and transfer ETH. ETH is the first native asset on its Ethereum L2 platform. The official statement indicated that the spot trading functionality will be activated later this week, with more trading markets to be gradually introduced. Lighter previously completed a $68 million funding round on November 11, led by Founders Fund and Ribbit Capital.