According to Bloomberg, Databricks announced a new round of financing of $10 billion, with a company valuation of $62 billion. This round of financing was led by Thrive Capital, and Andreessen Horowitz and DST Global participated. Other supporters of the new round of financing include Singapore sovereign wealth fund GIC Pte Ltd., Insight Partners and WCM Investment Management.

In November 2024, the TRON chain generated a total of approximately US$240 million in transaction fee income, and the number of monthly active users exceeded 15 million.

Since the launch of Pudgy Penguins (PENGU), the transaction volume has reached 1.968 billion US dollars in less than 12 hours. Among them, the on-chain transaction volume exceeded 1 billion US dollars, and Raydium accounted for more than 50% of the on-chain transaction volume.

Derek Merrin submitted Bill No. 703 (Ohio Bitcoin Reserve Act), proposing to establish a Bitcoin reserve fund in the state treasury and authorize the state treasurer to invest in Bitcoin flexibly, but without mandatory requirements. Ohio became the third state in the United States to submit a Bitcoin reserve bill.

The crypto industry is entering a new era as the regulatory environment becomes more open and transparent in 2024.

Ethereum modular execution layer Fuel announced the launch of the Fuel Genesis Drop, which aims to reward the Fuel community. The Fuel Genesis Drop provides 1 billion FUEL (10% of the total supply) to more than 200,000 unique addresses, distributed across various categories. The eligibility query page is now online, and the FUEL tokens in the Fuel Genesis Drop will be available from the launch on December 19, 2024 to January 19, 2025.

Crypto securities platform Prometheum has completed a $20 million financing round, which came from a group of undisclosed individuals and institutions, bringing Prometheum's total fundraising to approximately $64.3 million.

ENS Labs, the company behind the Ethereum Name Service, said on Tuesday that it has selected Linea’s technology to build its upcoming Layer 2 network Namechain. Linea is a zero-knowledge rollup technology launched by Ethereum infrastructure giant Consensys in July 2023.

Digital asset industry executives are joining tech CEOs in making the pilgrimage to Mar-a-Lago to meet with President-elect Donald Trump ahead of his upcoming return to the White House.

British stablecoin infrastructure company BVNK has successfully raised $50 million in an all-equity Series B round of financing, led by cryptocurrency-focused giant fund Haun Ventures, with participation from Coinbase Ventures and existing investor Tiger Global. According to people familiar with the matter, BVNK is valued at approximately $750 million after this round of financing. A BVNK spokesperson declined to comment on the valuation.

Pudgy Penguins announced on the X platform that PENGU is now online and open for claiming. Eligible participants can start claiming PENGU, including holders of Pudgy Penguins, Lil Pudgys, Rogs and SBTs. Holders have 88 days to claim, and all unclaimed supply will be permanently locked/destroyed after the 88th day.

Digital asset company Tether has announced that it has invested in European stablecoin provider StablR, aiming to accelerate adoption in the region. StablR will use Hadron, Tether’s new tokenization platform launched last month, to simplify the tokenization of stocks, bonds, commodities, stablecoins, and more.

MicroStrategy co-founder and executive chairman Michael Saylor posted on the X platform that so far this year, MSTR's financial operations have brought shareholders a 72.4% bitcoin return, equivalent to a net profit of about 136,965 bitcoins for shareholders. Based on a price of $107,000 per bitcoin, this is equivalent to about $14.66 billion this year.

The European Securities and Markets Authority (ESMA) published final guidance on Tuesday to help member states implement the upcoming rules. ESMA published its final reports on reverse solicitations, systems, cryptocurrencies that may constitute financial instruments, and draft technical standards for market abuse prevention.

A study by the University of Kent's School of Computer Science shows that if Bitcoin wants to effectively protect against the threat posed by quantum computing, a protocol update is required, which will cause the cryptocurrency to be offline for 76 days. The study also pointed out more realistically that Bitcoin can also use 25% of its servers for protocol updates while allowing users to continue mining and trading at a slower speed. But in that case, the downtime will be as long as 305 days, or 10 months.