Novice

According to Foresight News, the challenges faced by Web3 are not due to a lack of creativity but rather its inability to resonate with the general public. The current narrative surrounding Web3 is filled with abstract concepts like public chains, infrastructure, and protocols, which lack a human touch, making it difficult for ordinary people to connect. In other fields, people naturally relate to familiar contexts. For instance, discussing food can evoke appetite, fitness can conjure images of progress, and travel can bring to mind scenic destinations. However, Web3 struggles to achieve this connection. Creators and project leaders often find themselves explaining complex systems and processes that remain invisible and intangible to most people. The importance of storytelling in Web3 cannot be overstated. While creators and project leaders are eager to explain how things work, they often overlook the need to describe the emotions these innovations evoke. Emotions such as confusion, laughter, relief, and vulnerability are absent from Web3 narratives. To engage audiences, it is crucial to focus on user experiences rather than just listing functionalities. For example, instead of stating that a feature enhances scalability by optimizing throughput, a more relatable approach would be to describe the user experience of refreshing a page and finding a transaction already completed. Storytelling is not about diminishing the importance of technology but about preparing the audience to receive complex information. By presenting complex concepts through relatable scenarios, audiences can better understand their relevance. In practice, storytelling has proven effective in Web3 content creation. Videos that focus on human moments rather than technical explanations tend to perform better in competitions. By highlighting relatable experiences, such as the initial confusion when using a product or the clarity achieved after understanding a feature, audiences are more engaged and comprehend the content more quickly. Ultimately, the success of Web3 storytelling lies in making complex concepts relatable and emotionally resonant, allowing audiences to connect with the technology on a personal level.

According to Odaily, Garrett Jin, representative of '1011 Insider Whale,' shared insights on the X platform regarding current market dynamics. Jin noted that the anticipated short squeeze in precious metals has concluded, leading to a flow of capital into the cryptocurrency market. He had previously predicted that the rise in silver, palladium, and platinum was a temporary squeeze and unsustainable. Jin suggested that a reversal in prices could potentially drag down gold prices, prompting a shift of market funds from precious metals to Bitcoin and Ethereum. Furthermore, Jin highlighted the strong correlation between Ethereum (ETH) and the Nasdaq 10 Index, indicating that the Nasdaq 100 Index has now recovered from declines triggered by negative news. This recovery suggests that ETH might be poised for a rebound.

According to ChainCatcher, Arkham data revealed that at 12:37, a total of 340 BTC was transferred from one anonymous address, beginning with 165fXHc, to another anonymous address, starting with 31pJhabC. The transaction involved a significant amount of Bitcoin, highlighting ongoing activity within the cryptocurrency market.

According to BlockBeats, the Federal Reserve injected $16 billion into the U.S. banking system through overnight repurchase agreements. This marks the second-largest liquidity injection since the onset of the COVID-19 pandemic.

According to Odaily, the U.S. Office of the Comptroller of the Currency (OCC) has issued an interpretive letter confirming that national banks can legally engage in risk-free principal transactions involving crypto assets. This includes acting as intermediaries in cryptocurrency trades. Jake, head of Wintermute OTC, commented on social media that the process of banks participating in crypto transactions is fundamentally different from proprietary trading. He explained that banks typically purchase crypto assets from clients and immediately transfer the position to a liquidity provider (LP). Technically, banks only hold ownership of the crypto assets for a very short period to facilitate the transaction, without actually maintaining inventory or bearing the risk of price fluctuations. Economically, this model is considered brokerage business, where banks can facilitate transactions between buyers and sellers but cannot hold positions or engage in proprietary trading.

According to PANews, a recent study by Grayscale reveals that privacy coins are expected to dominate the cryptocurrency market in the fourth quarter of 2025, despite an overall market downturn. Among these, Zcash (ZEC) is anticipated to lead in performance.

According to ChainCatcher, Dapper Labs CEO Roham announced on the X platform that NBA Top Shot, NFL ALL DAY, Disney Pinnacle, and CryptoKitties, all built on the Flow blockchain, experienced a security incident. The vulnerabilities were quickly identified and addressed. Despite initial skepticism from partners regarding early solutions, consensus has been reached among the foundation, bridge operators, exchanges, and ecosystem builders on the recovery plan. The Flow network under the Cadence environment has fully resumed operations, with 99.9% of accounts completely restored, while the remaining accounts are undergoing verification.

According to BlockBeats, the South Korean government is working on the Basic Law on Digital Assets, which is the second phase of virtual asset legislation. This law aims to include investor protection measures such as no-fault liability for digital asset operators and bankruptcy risk isolation for stablecoin issuers. The legislation mandates that stablecoin issuers deposit reserve assets with banks or similar management institutions and maintain a deposit or trust exceeding 100% of the issuance balance. However, the submission of the government proposal has been delayed until next year due to disagreements between the Financial Services Commission and the Bank of Korea over key issues like the issuer of stablecoins and the establishment of regulatory bodies. The Financial Services Commission stated that it is currently working with relevant institutions to gradually narrow these differences.

On Dec 30, 2025, 03:11 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 87,000 USDT and is now trading at 86,985 USDT, with a narrowed 2.64% decrease in 24 hours.

According to Foresight News, U.S. Senator Cynthia Lummis announced via a tweet that the Responsible Financial Innovation Act of 2026 will establish a clear distinction between securities and commodities. Lummis emphasized that this differentiation will facilitate the development of legitimate projects while safeguarding investor rights. She noted that clear definitions are essential for driving innovation.

According to TechFlow, the GameFi sector has experienced a significant decline in funding this year, dropping over 55% compared to the previous year, while Web2.5 games are gaining traction. In the decentralized finance (DeFi) space, the total value locked (TVL) in real-world asset (RWA) protocols has surpassed that of decentralized exchanges (DEX), making it the fifth-largest DeFi category. Billionaire Grant Cardone has announced plans to launch the world's largest real estate Bitcoin company by 2026. Meanwhile, Strategy has acquired an additional 1,229 Bitcoins, bringing its total holdings to over 672,000. In the commodities market, spot gold prices have plummeted, falling below $4,350 per ounce, with a daily drop exceeding $180, marking a 4% decrease. The cryptocurrency market has seen a significant contraction, with the total market capitalization shrinking by nearly $100 billion in the past 19 hours, dropping from a peak of $3.02 trillion to $2.93 trillion. Over the past 24 hours, the crypto market experienced liquidations totaling $243 million, with long positions accounting for $160 million. Bitcoin and Ethereum liquidations amounted to approximately $82 million and $56 million, respectively. In the stock market, the Dow Jones Industrial Average fell by 0.51%, the Nasdaq by 0.5%, and the S&P 500 by 0.35%. Notable declines included Nvidia at -1.21%, Circle at -0.94%, and Strategy at -2.15%. The Bitcoin/USDT liquidation map indicates a high-risk volatility structure, with significant leverage short positions accumulating in the $88,000–$89,000 range and long positions concentrated in the $86,000–$87,000 range. Bitcoin spot inflows and outflows over the past 24 hours were approximately $84 million and $118 million, respectively, resulting in a net outflow of $34 million. Cantor Fitzgerald predicts a potential "institutional winter" in 2026, with on-chain assets and DeFi as growth highlights. Framework Ventures co-founder anticipates a focus on mainstream tokens and continued institutional interest in quality DeFi projects by 2026. Dragonfly partner forecasts Bitcoin surpassing $150,000 by the end of 2026, though its market share may decline. In legal news, South Korea's Supreme Court upheld a four-year prison sentence for a cryptocurrency exchange employee who assisted North Korean hackers in recruiting a South Korean army captain in exchange for military secrets. Project updates include Neel Somani stepping down as executive chairman of Ethereum Layer 2 protocol Eclipse, effective October 2025, and Meta's acquisition of Butterfly Effect, a company developing AI applications. The total market cap of tokenized stocks has reached a record high of $1.2 billion, and BlackRock's first tokenized money market fund, BUIDL, has distributed over $100 million in dividends. The U.S. XRP spot ETF saw a net inflow of $8.44 million in a single day.

On Dec 30, 2025, 02:34 AM(UTC). According to Binance Market Data, BNB has dropped below 850 USDT and is now trading at 849.789978 USDT, with a narrowed 1.83% decrease in 24 hours.

According to ChainCatcher, the Federal Reserve is set to release the minutes of its monetary policy meeting at 3 a.m. UTC+8 on Wednesday. Currently, there is a notable division among Federal Reserve officials regarding inflation and economic risks. The forthcoming minutes are expected to reveal the specific considerations and anticipated duration of the pause in interest rate cuts.

According to Foresight News, CertiK Alert has detected a hacker depositing 1337.1 ETH into Tornado Cash. The funds, traced back to potentially compromised multi-signature accounts, include suspicious withdrawals of Wrapped ETH and Story tokens.

According to BlockBeats, Delphi Ventures founding partner Tommy Shaughnessy emphasized the importance of avoiding leverage in trading, referencing the significant forced liquidation event on October 11. He advised paying taxes quarterly to prevent potential issues, warning that failure to do so could lead to substantial losses. Shaughnessy predicted that Bitcoin (BTC) and Solana (SOL) will reach all-time highs by 2026, driven by strong fundamental progress in the crypto industry. He highlighted the increasing involvement of Wall Street, advancements in regulatory environments, and protocol development as key factors contributing to this growth. The market is currently in a digestion phase following the disruptive October 11 event, which temporarily altered market structure. Shaughnessy expressed optimism that once the impact of this event is fully absorbed, prices will rebound, reflecting the true progress of the industry's fundamentals.

According to BlockBeats, a wallet associated with the Indexed Finance and Kyber Network attacks, identified as 0x3EBF, has become active after a year of inactivity. The wallet has sold several assets, including 226,961 UNI, 33,215 LINK, 845,806 CRV, and 5.25 YFI.

According to PANews, Dragonfly Managing Partner Haseeb has shared his predictions for 2026, highlighting several key developments in the cryptocurrency and fintech sectors. He forecasts that Bitcoin will surpass $150,000 by the end of the year, although its market share may decline. Fintech public chains like Tempo, Arc, and RobinhoodChain might underperform market expectations, while Ethereum and Solana are expected to exceed them, with top developers continuing to choose neutral infrastructure public chains. A major tech company, potentially Google, Facebook, or Apple, is anticipated to launch or acquire a cryptocurrency wallet in 2026. Three large Perp DEXs are projected to dominate 90% of the market, leaving other projects to compete for the remaining 10%. Equity investments are expected to grow rapidly, accounting for over 20% of total DeFi investments by the end of the year. Stablecoin supply is predicted to increase by approximately 60%, with USD stablecoins maintaining a share of over 99%. USDT's dominance is expected to slightly decrease to around 55%. The 'Clarity' Act is set to become law, though significant negotiations are anticipated. The prediction market is expected to grow rapidly, but 90% of prediction market products may become obsolete and disappear by the end of the year. Artificial intelligence applications in the crypto sector are likely to remain focused on software engineering and security, with other areas still in the prototype stage.

According to ChainCatcher, a federal court has ruled that NGS Group Limited and its affiliates, NGS Crypto and NGS Digital, operated financial services without holding an Australian Financial Services (AFS) license. As a result, they have been permanently banned from conducting related business and ordered to liquidate. Approximately 450 Australian investors invested around 59 million AUD through these companies, primarily via self-managed superannuation funds encouraged by NGS. The court has appointed professionals from McGrath Nicol as liquidators to manage the company's assets and attempt to return funds to investors. Sarah Court, Deputy Chair of the Australian Securities and Investments Commission (ASIC), stated that NGS companies blatantly disregarded Australian financial services laws, leaving investors without basic protections. The ASIC's investigation into the company and its directors is ongoing.

According to Foresight News, the U.S. Securities and Exchange Commission (SEC) has announced the upcoming retirement of Cicely LaMothe, the Deputy Director of the Division of Corporation Finance. LaMothe has been instrumental in issuing over 25 new and revised compliance and disclosure interpretations, covering topics such as rebate provisions, de-SPAC transactions, and Rule 10b5-1. She also released Staff Legal Bulletin 14M, providing insights on the applicability of Rule 14a-8, and issued seven staff statements on rapidly evolving crypto-related issues, including liquid staking, stablecoins, mining activities, meme coins, and crypto ETPs. LaMothe joined the Division of Corporation Finance in 2002 and has held several senior leadership roles, including Director of the Disclosure Review Program, Deputy Director of the Office of Assessment and Continuous Improvement, and Deputy Director of Disclosure Operations. In 2022, she was appointed as the Deputy Director of Disclosure Operations.

According to PANews, the South Korean Supreme Court has upheld a four-year prison sentence for a cryptocurrency exchange employee involved in an espionage case. The employee was found guilty of assisting North Korean hackers in recruiting a South Korean army captain to exchange military secrets for Bitcoin. The employee received $487,000 in Bitcoin from the hackers and paid the captain $33,500 in Bitcoin as compensation. The court ruled that the employee violated the National Security Act, posing a threat to national security. The involved army captain had previously been sentenced to ten years in prison and fined for breaching the Military Secrets Protection Act. Investigations revealed that North Korean hackers instructed the employee to provide the captain with a "watch-shaped hidden camera" and a USB hacking device intended for use on military laptops to remotely access the Korea-U.S. Joint Command Control System, although the attempt was unsuccessful.