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Donald Trump was spared jail time at his hush money sentencing, with the judge granting an unconditional discharge, placing a judgment of guilt on his record without further penalties.

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According to Artemis, here are top-20 inflows and outflows across various networks in 2024.

Inflows:
🟠Ethereum: $36.3bn
🟠Arbitrum: $16.8bn
🟠Base: $8.2bn
🟠Solana: $4.9bn
🟠Bitcoin: $728.3m
🟠BNB Chain: $700.3m

Outflows:
🟠Ethereum: $43.8bn
🟠Arbitrum: $15.8bn
🟠zkSync Era: $5.3bn
🟠Solana: $2.7bn
🟠Bitcoin: $830.3m
🟠BNB Chain: $424.1m

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The U.S. Consumer Financial Protection Bureau (CFPB) proposes that crypto companies should refund customers for funds lost to hacks or unauthorized transactions, aligning digital wallets with bank accounts in terms of customer protection.

This proposal aims to increase security and reserves for digital asset businesses while addressing the increasing risks of hacking in the crypto market.

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According to CryptoRank.iо, here are the top 10 chains by revenue in 2024:

🟠Ethereum: $1.9bn (-1.7% YoY)
🟠Tron: $571m (+34.8% YoY)
🟠Solana: $374m (+2,844% YoY)
🟠Base: $78.4m (+1,217% YoY)
🟠Linea: $26.5m (+306% YoY)
🟠Arbitrum: $22.3m (+39.7% YoY)
🟠BNB Chain: $19.3m (+8.1% YoY)
🟠Avalanche: $17m (-73.7% YoY)
🟠TON: $14.6m (+2,499% YoY)
🟠Injective: $14.1m (+809% YoY)

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Treasury Cabinet Secretary John Mbadi said that Kenya is preparing legislation to legalize cryptocurrencies, marking a significant policy shift.

Despite the ban, cryptocurrencies have continued to be used widely underground, with the government acknowledging the growth of Virtual Assets and Service Providers.

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Bybit has announced that, effective January 12, 2025, Indian users will temporarily be unable to open new trades or access any products on the platform due to recent regulatory developments.

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Usual Money's staked USD0 token fell 8.5% below 92 cents after a protocol update, leading to large-scale selloffs and a severe imbalance in its Curve pool.

The update introduced a dual exit strategy, allowing users to redeem at a floor price of $0.87, which sparked community criticism over the sudden change from the previously expected 1:1 redemption.

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Kraken has sent emails to customers for the distribution of FTX funds, with BitGo expected to start a similar process.

Users with claims under $50k will complete the procedures within 60 days from January 3, while there is no specific timetable for claims exceeding $50k.

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According to JP Morgan, the EU's MiCA regulations, which came into effect on December 30, 2024, are likely to boost euro-denominated stablecoins, as only compliant stablecoins can be used as trading pairs in regulated markets.

This has led to a rise in stablecoins like Circle's EURC, while non-compliant ones such as Tether's EURT have faced challenges, including delisting from several EU exchanges.

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Since 2021, USDT on TRC-20 has consistently outperformed ERC-20 in transaction volume, with a total of 22bn token transfers compared to 2.6bn on Ethereum.

This highlights Tron's superior scalability, lower fees, and faster confirmation times, solidifying its position as the preferred platform for stablecoin transfers.

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According to a Bitwise survey, 56% of U.S.-based financial advisers are more likely to invest in cryptocurrency following Donald Trump's presidential win, with many planning to increase exposure.

However, access remains a significant barrier, as only 35% of advisers can purchase crypto for client accounts.

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Russia has started selling the Bitcoin it seized during a 2023 investigation into the Infraud hacker group, with plans to initially liquidate almost $10m worth of BTC.

The coins were found on the computer of Marat Tambiev, a former investigator convicted of taking a bribe from the hacker group, and the government is seeking to sell the full 1,032 BTC stash, though legal hurdles remain.

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Coinbase has been subpoenaed by the U.S. Commodity Futures Trading Commission (CFTC) for customer information related to its investigation into Polymarket.

Polymarket attracted media attention by allowing people to bet on the outcomes of U.S. elections.

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According to Token Terminal, here are the top 15 blockchains by daily network activity:

🟠Solana (SOL): 4.9m daily active users (+12.9%)
🟠Tron (TRX): 2.5m daily active users (+1.6%)
🟠BNB Chain (BNB): 1.5m daily active users (+40.3%)
🟠Aptos (APT): 1.1m daily active users (+29.6%)
🟠Jito (JTO): 990.1k daily active users (+27.3%)
🟠Base: 811.2k daily active users (-35.4%)
🟠Ronin (RON): 585.8k daily active users (-48.3%)
🟠Uniswap (UNI): 578.9k daily active users (-34.5%)
🟠Celo (CELO): 532.5k daily active users (-12.3%)
🟠Polygon (POL): 528.4k daily active users (+10.5%)
🟠Bitcoin (BTC): 455.2k daily active users (+0.3%)
🟠Ethereum (ETH): 382.6k daily active users (-8.0%)
🟠Arbitrum One (ARB): 336.5k daily active users (-26.0%)
🟠Immutable (IMX): 298k daily active users (-13.2%)
🟠TON (TON): 281.5k daily active users (-29.5%)

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Bitcoin's price has fallen 13.5% from its all-time high, marking the largest decline in 2025 so far. In the past 24 hours, 36.4k Bitcoin were transferred from short-term holders to exchanges, being moved at a loss.

Even if the U.S. government sells its 69,370 BTC ($6.5bn), it will have minimal global impact, as realized capital in Bitcoin over the last 365 days totals $381.7bn.

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Microsoft is investing $3bn in expanding its AI and cloud capabilities in India, including training 10m people by 2030.

The investment involves partnering with INDIAai to train 500,000 individuals by 2026, building new data centers, and supporting AI startups with strategic partnerships.

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Standard Chartered has been granted a license in Luxembourg to provide digital asset custody services.

This new entity will serve as the bank's regulatory entry point for the European Union (EU) market, enabling it to offer services to EU clients following the implementation of the Markets in Crypto Assets (MiCA) Regulation.

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Circle CEO Jeremy Allaire announced that Circle donated 1m USDC to President Trump's inaugural committee, marking the donation in digital dollars.

Allaire noted that Trump's team's acceptance of USDC is seen as an endorsement of digital currency.

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A UK judge has dismissed James Howells' legal battle to recover a hard drive containing over $770m in Bitcoin, which was mistakenly thrown away in a landfill in 2013.

Despite multiple requests, the court ruled there was no realistic chance of success in the case.

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Anatoly Aksakov, a Russian politician and economist, stated that there is a possibility of easing cryptocurrency regulation in Russia to accelerate market development, suggesting that the regulations be adapted after testing.

He emphasized that cryptocurrency would be used exclusively for external economics, while the ruble would remain the only currency used within the country.

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