BTC breaks through the $88000 mark

[Brevis Announces BREV Tokenomics Allocation Plan] Brevis has announced the tokenomics for BREV, with a total supply of 1 billion tokens. Of this, 37% is allocated for ecosystem development, 32.2% for community incentives (validators, stakers, and community contributors), 20% for the team, and 10.8% for investors. The portions allocated to the team and investors will be locked for one year, followed by a 24-month linear unlocking period.

[FOGO Surges 550%, Hyperliquid Experiences Liquidation and Profit Event] On December 25, FOGO on the Hyperliquid platform surged 550% within 15 minutes, with approximately $1.49 million worth of FOGO short positions being liquidated. This wave of liquidations triggered an automatic deleveraging (ADL) event for a long position wallet, resulting in a profit of approximately $500,000 in less than 30 minutes. The wallet established its long position using the TWAP method and was created about 7 hours earlier (Wallet address link: https://((hypurrscan.io))/address/0xb2f42334fffc3947b4c79c7e3dc3d387d391f148). Additionally, a wallet attempting to short FOGO was liquidated by the system during the short squeeze, incurring a loss of approximately $100,000 in USDC margin (Wallet address link: https://((hypurrscan.io))/address/0x4013eb7da81902a556146861dc50e9c0f515238d).

On chain monitoring shows that the address 0xf000 is suspected to belong to Multicoin Capital. A day ago, it transferred 30 million USDC to the Worldcoin team wallet and received 60 million WLD from the Worldcoin team wallet 7 hours ago, with a total value of approximately $29.06 million. (Ashes)

[CZ: Early Investors Buy Bitcoin During Market Fear] CZ posted on the X platform that early investors typically buy Bitcoin during times of fear, uncertainty, and doubt in the market, rather than when it reaches its all-time high.

[NVIDIA's $20 Billion Acquisition of Groq Assets Does Not Include Entire Company] NVIDIA has agreed to acquire all assets of AI chip startup Groq for approximately $20 billion in cash, excluding its GroqCloud business. This marks NVIDIA's largest acquisition to date. Groq, founded by the core developer of Google's TPU, specializes in low-latency AI inference chips. Although Groq stated that the agreement between the two parties is a "non-exclusive technology licensing agreement," its founder and CEO Jonathan Ross, along with the executive team, will join NVIDIA, while Groq CFO Simon Edwards will take over as CEO. Groq will continue to operate independently. NVIDIA emphasized that this transaction is not a complete acquisition of Groq as a company but rather an integration of its low-latency processor architecture into NVIDIA's AI platform.