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AI Trading System NoFx Sparks Equity and Open Source Controversy, Project Team, Involved Parties, and Incubator Amber.ac Respond Successively

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**December 22 –** Tinkle, developer of open-source AI trading system NoFx, issued a statement yesterday addressing community controversy triggered by early participant Zack. Key points from Tinkle: - Zack joined NoFx on October 29, 2025 **after the project was open-sourced**, participated for ~14 days, and made minor code contributions. - Zack demanded 50% ownership as a condition for bringing Amber on board for commercialization—this was rejected. - Zack subsequently gained control of NoFx’s Twitter (now X) account, sent a lawyer’s letter demanding 500,000 USDT, and disseminated misinformation across multiple channels. - Tinkle noted all relevant records are verifiable; the team will no longer respond to individual disputes, focusing solely on product development. In response, Zack refuted the allegations as “severely untrue” and damaging to his reputation. He stated: - The lawyer’s letter was issued by a law firm, with evidence legally preserved. - His claims are legal and compliant. - If the dispute is not resolved via legal channels, he will publicly release full video, audio, chat records, and timelines as evidence. NoFx’s official X account later published an open letter: - Recent discussions around community members, code usage boundaries, and intellectual property have been referred to a professional legal team for unified handling. - Rumors of fundraising or conflict of interest are denied. - NoFx is a community-driven open-source project, not a commercial company. - The project is licensed under AGPL-3.0; the team will legally uphold open-source norms and contributor rights. - Focus remains on engineering: building an AI Trading OS supporting self-hosting and integration with multiple trading platforms. Additionally, amber.ac—an ecosystem accelerator under Amber Group—issued a statement: - As of now, there is no formal incubation, investment, or business cooperation with NoFx. - The two parties have only engaged in open industry exchanges. - All parties are urged to return to technical, rational communication to advance the ecosystem’s healthy development.
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Source: Polymarket is planning to launch its own L2 solution and migrate from Polygon

December 22 — Sources report @polymarketbet has summarized key takeaways from Polymarket team member Mustafa’s recent update in the project’s Discord community, as follows: 1. Polymarket intends to leave Polygon and launch its own Ethereum Layer 2 solution, POLY. The rollout of POLY is a "top priority." (Polymarket’s operations were disrupted by Polygon’s December 18 outage.) 2. Polymarket plans to cut ties with all third-party vendors (including GoldSky, Alchemy, etc.). "These providers are all way too problematic — we’ll be migrating away ASAP." 3. This week, Polymarket will launch 5-minute markets.

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Cryptocurrency KOL Predicts Lighter Valuation: Minimum $15 Billion, $30 to $42 Billion is the Benchmark

On December 22, crypto influencer @ingalvarezsol used metrics including Polymarket’s valuation range (20–30 billion USD), OTC point pricing (90 USD per point), and LIT token’s pre-market price (3.4 USD) to project Lighter’s valuation: - **Minimum (Bear Market Range):** 15 billion USD (tied to its venture capital round financing) - **Bear Market Baseline:** 30–42 billion USD (calculated via reverse-engineering from market/pre-market/point prices) - **Optimistic Outlook (Final Valuation):** At least 75–125 billion USD @ingalvarezsol stressed Hyperliquid and Lighter are fundamentally distinct: - Hyperliquid builds a Web3-native liquidity layer, with profitability driven mainly by retail transaction fees (plus ecosystem dynamics). - Lighter focuses on decentralized trading infrastructure, aiming to onboard fintechs, brokers, and professional market makers over time—while keeping retail execution costs extremely low (including 0% fees on select spot markets). A key catalyst

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Tomorrow, the Aave community will start voting on the "Asset Branding Control Transfer to Token Holders" ARFC proposal.

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A certain whale known as "Whale 1011" was liquidated during a sharp price drop, losing $17.94 million. They have now deposited an additional $3 million and are hyping up a 10x long position.

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Viewpoint: Using Tornado Cash will cause a user's wallet to be flagged across hundreds of applications

December 22 – Arcium confidential computing network member @milianstx said in a post that using Tornado Cash could lead to users’ wallets being flagged across hundreds of apps, making them unusable. @milianstx also urged users not to mix their funds with North Korean hackers.

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Binance Alpha Launches Limited-Time Task, Earn Alpha Points by Completing Cryptocurrency Transfers in Binance Chatrooms

Binance Alpha has launched a limited-time task for users to earn Alpha Points, per an official announcement dated December 22. **Event Period**: December 22, 2025, 00:00 UTC – January 4, 2026, 23:59 UTC During the event, users who complete a cryptocurrency transfer in the Binance chat room will receive Alpha Points. Key rules: - Each user is eligible for a maximum of 5 Alpha Points. - Transfers must be at least $5 (or equivalent in other supported currencies) to qualify.

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