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.

Binance Futures will launch perpetual contracts with a maximum leverage of 75x at the following times:

The French financial market regulator, Autorité des Marchés Financiers (AMF), has approved French bank BPCE to conduct cryptocurrency business. According to an official notice issued by the AMF on December 20, BPCE's cryptocurrency subsidiary Hexarq has been granted the Crypto Asset Service Provider (CASP) authorization. With the approval, Hexarq is officially authorized to provide a range of crypto services, including crypto custody and the purchase, sale and trading of cryptocurrencies in euros.

MNNC Group, which was renamed from FTX-affiliated crypto hedge fund LedgerPrime in February, revealed that it has raised more than $100 million. According to documents filed with the Securities and Exchange Commission on Thursday, the Cayman Islands-based company raised $53 million across two funds. But Ayesha Kiani, chief operating officer of MNNC Group, said: "The amount is much more than that. This is just one of our onshore entities." Kiani said on Friday that MNNC Group manages more than "nine figures" in assets, but declined to elaborate further. This figure is an increase from the "eight figures" disclosed by the fund to Bloomberg in February.

Web3 security company ExVul said on the X platform that Stargate has been down for nearly 6 hours. According to the Stargate team, the downtime is caused by a failure of DVN's Executors, and the LayerZero team is currently repairing it. According to the data on layerscan, there are currently 25.6k transactions blocked.

At present, it seems that the proposal initiated by Allez Labs, Morpho and Yearn will most likely not pass, and it is unknown whether Aave will really withdraw from the Polygon ecosystem (Note: Lido has announced that it will gradually shut down its staking services on Polygon).

MANTRA, a Layer1 blockchain focused on RWA assets, said on the X platform that the updated OM token economics proposal is now live, with snapshot voting now open and mainnet voting to take place next week.

The community reports that Stargate is currently down. Do not use Stargate to transfer funds across chains at this time. Transactions will get stuck in the middle of the transfer.

The EU crypto asset law will take full effect at the end of the year. In order to comply with the Markets in Crypto Assets Regulation (MiCA), many cryptocurrency exchanges in the EU have removed USDT, the mainstream stablecoin Tether. This move is affecting the market for such tokens, with new issuers trying to fill the gap and investors defaulting to using euros for cryptocurrency trading.

Saylor has become a well-known figure in the crypto market in 2020 for his firm belief in Bitcoin. However, he was involved in a huge tax dispute in 2022.

Binance Alpha announced the fourth batch of projects, namely: $BANANA, KOGE, BOB, MGP, PSTAKE, GNON, Shoggoth, LUCE, and ODOS.

According to coinmarketcap data, in the past 30 days, 10 of the top 500 cryptocurrencies by market value have fallen by more than 50%, of which 8 are meme coins. The specific data are as follows: Magic Eden (ME) fell 72.88% and is now priced at $3.07; Peanut the Squirrel (PNUT) fell 59.75% and is now priced at $0.6628; Goatseus Maximus (GOAT) fell 58.30% and is now priced at $0.4799; Department of Government Efficiency (DOGE) fell 56.60% and is now priced at $0.1015; Popcat (SOL) (POPCAT) fell 55.57% and is now priced at $0.7724; Just a chill guy (CHILLGUY) fell 53.90% and is now priced at $0.1811; XION (XION) fell 52.93% and is now priced at $3.30; Ponke (PONKE) fell 52.76% and is now priced at $0.3369; Neiro (Neiro On Ethereum) (NEIRO) fell 52.11% and is now priced at $0.0009805; Sudeng (HIPPO) fell 51.50% and is now priced at $0.009632.