Regulation
DeFi
Avalanche DeFi protocols hit 9-month high as AVAX token rallies
Benqi leads Avalanche's DeFi surge, making up over half of the network's $875 million in total value locked.
AI
French startup Mistral AI achieves unicorn status in AI race
The France-based startup with new products indicates Europe's effort to combat OpenAI's dominance.
Investments
Crypto investors place $8.6 million in short positions as market rally skepticism grows
Inflows into Bitcoin investment products remained strong, hitting a year-to-date of $1.7 billion.
Tokenization
Solana-based Helium’s unlimited plan launch propels HNT to yearly high
Helium Mobile's $20 monthly phone plan in the United States offers users unlimited data, talk, and text.
Crypto
Bitcoin 5% correction triggers $400M liquidations as Asia markets open for the week
Bitcoin, the largest cryptocurrency by market capitalization, tumbled around 5% to under $42,000.
ETF
VanEck embraces crypto culture with ‘HODL’ ticker for proposed Bitcoin ETF
Several applicants have chosen more conservative tickers for their ETF applications, but VanEck is leaning into crypto culture.
DeFi
Solana liquid staking token JTO surges 85% post-exchange debut, following unique airdrop event
Observers have suggested that Jito's unique airdrop startegy will draw more retail particiaption to Solana DeFi ecosystem.
Legal
Binance’s Changpeng Zhao confined in U.S. as judge officially declares him a flight risk
The Judge said Zhao remains free and to travel within the United States and his family could also visit him there.
Exchanges
Binance Proof-of-Reserves show Bitcoin balance dropped 23k BTC in November amid regulatory woes
Binance balance for major cryptocurrencies recorded declines amid its struggles with the regulatory authorities in the United States.
Legal
Do Kwon to be extradited to the U.S. to face criminal charges: WSJ
Montenegro's justice minister is reportedly leaning toward handing the controversial ex-crypto mogul over to the U.S., though no public statements to that effect have yet been made.
Crypto
Phoenix Group secures $380M deal for sustainable Bitcoin mining equipment
Hydrocooling tech will power Phoenix Group's $380 million Bitcoin mining expansion.
DeFi
Cardano’s DeFi ecosystem nears $300M TVL, buoyed by ADA’s bullish trend
Cardano's ADA positive price movement added about $2 billion to its market capitalization within a week.
