Mike Dudas, former founder of The Block, tweeted that he would resign from his advisory position at Aptos starting today. Mike Dudas said that he has been an advisor to Aptos since 2022 and it is the "only" crypto project he serves as an advisor for.

Crypto "Czar" David Sacks tweeted: "Some traditional media reported tonight that my role has changed. This is completely wrong. I expect to spend half of my time in Washington directing policy and the other half in Silicon Valley."

Blind computing network Nillion tweeted that the mainnet will be launched in February 2025.

According to the monitoring of on-chain analyst @ai_9684xtpa, the "whale who bought low and sold high PEPE and made a profit of $6.24 million" just cleared his position yesterday, and reopened a position of 250 billion PEPE from Kraken at $0.00001697 7 hours ago, worth $4.24 million, and currently has a floating profit of $307,000.

According to Lookonchain monitoring, 10 new wallets withdrew 17,698 ETH ($61.66 million) from Binance after the market rebound.

About 30 minutes ago, as the price returned to pre-crash levels, a whale withdrew another 3.206 million ENA ($3.827 million) from Binance. In the past 4 days alone, this whale withdrew 16.856 million ENA from Binance at an average price of $1.1 ($18.55 million), and is now up $1.18 million (+6.34%).

Paolo Ardoino, CEO of stablecoin issuer Tether Holdings Ltd., said in an interview that the company is expected to make more than $10 billion in net profit this year. USDT has added nearly $50 billion to its market value this year and is now worth more than $140 billion, according to data tracker CoinMarketCap. Most of Tether's gains come from investing its reserves that back stablecoins, including USDT, in U.S. Treasuries, gold and other securities.

According to on-chain analyst Ember, the quarterly Chainlink unlocking took place 3 hours ago: 11.25 million LINK (US$258.14 million) were unlocked and transferred out from three non-circulating supply addresses of Chainlink, of which 10.625 million (US$243.82 million) were transferred to Binance, and 625,000 (US$14.32 million) were transferred to the 0xD50...8Af multi-signature address.

Google has released an update to its financial products and services policy, which will update the cryptocurrency and related product policy in January 2025 to clarify the scope and requirements of cryptocurrency-related business and service ads. From January 15, 2025, advertisers that provide cryptocurrency exchanges targeting the UK can promote these products and services after meeting the following requirements and obtaining Google certification.

Major cryptocurrency businesses are joining big tech and many other businesses across the U.S. in donating millions of dollars to President-elect Trump’s inauguration. Cryptocurrency exchanges Coinbase and Kraken have each donated $1 million to the Trump-Vance Inaugural Committee to help fund the three-day extravaganza, parade and gala. Blockchain payments company Ripple also plans to donate $5 million. All three companies confirmed the donations to FOX Business, with Coinbase saying it was one of the first cryptocurrency companies to donate to the fund. Another cryptocurrency outfit, digital asset payments provider MoonPay, will also donate to the fund but declined to say how much. A source at the Trump-Vance Inaugural Committee said they were confident they could raise $225 million before the inauguration.

According to on-chain analyst Ember, 5 hours ago, a whale spent 17.1 million DAI on 2 addresses to buy 4,943 ETH at an average price of $3,459. The whale address has not been operated for a year and a half. The last time it sold 3,723 ETH at $1,888 in May last year, it made a profit of $30,000.

Tether CEO Paolo Ardoino tweeted that the preliminary design of Tether's artificial intelligence platform website has been completed and is expected to be launched at the end of the first quarter of 2025.

David Sacks, who was originally scheduled to serve as the "AI and cryptocurrency czar" of the Trump administration, has seen a change in his scope of responsibilities. Two people familiar with the inner workings of the transition team said that although the "czar" position was originally considered a clear leadership role, it is now more of a general advisory position. It can be said that David Sacks will be supervised by Michael Kratsios, an executive at Scale AI who served as chief technology officer during Trump's first administration. A person familiar with the matter said that Michael Kratsios is deeply involved in the current transition work and is expected to remain in office after Trump takes office, co-leading all technology policy work with Gale Slater, who will focus on telecommunications and technology antitrust issues.

The U.S. Department of Justice has released a six-count indictment charging two Southern California men with defrauding investors of more than $22 million in cryptocurrency through a series of digital asset projects. According to court documents, from May 2021 to May 2024, Hay and Mayo sponsored multiple NFT and other digital asset projects and conducted publicity campaigns in support of these projects. Hay and Mayo are suspected of making or causing others to make materially false and misleading statements about upcoming digital asset projects, and providing false and misleading project "roadmaps" detailing plans after the launch of the NFT or digital asset project, which the sponsors never intended to achieve.

The U.S. Securities and Exchange Commission (SEC) charged Tai Mo Shan, a wholly owned subsidiary of Jump Trading, with misleading investors about the stability of Terra USD (UST), a so-called “algorithmic stablecoin” issued by Terraform Labs PTE Ltd. (Terraform). The Commission also charged Tai Mo Shan with acting as a statutory underwriter and offering and selling securities in unregistered transactions, and LUNA, a crypto asset issued by Terraform, was offered and sold as a security.

Stablecoin issuer Tether has made a $775 million “strategic investment” in video-sharing platform Rumble. The move appears to indicate that Rumble is deepening its focus on the cryptocurrency industry, having announced last month that it would allocate up to $20 million of its excess cash reserves to Bitcoin.