A user successfully recovered locked funds from the 2023 Multichain event

On December 22nd, data from Coinbob Popular Address Monitor shows the address linked to a former Hyperliquid employee (0x7ae) has been consistently selling HYPE spot tokens since this month. The address cut its HYPE holdings from $5.85 million to $2.48 million, a total reduction of over 70,000 tokens. It currently holds ~98,200 HYPE tokens. Amid HYPE’s price decline, the address has incurred a $1.43 million monthly loss, with ~$4.2 million remaining in its account. Additionally, it holds a small HYPE short position with an average entry price of $24.17—facing an unrealized loss of 43.5% and a position size of ~$25,800. The address first gained attention for shorting HYPE and its ties to the Hyperliquid team. In a recent post today, the Hyperliquid team stated the address belongs to a former employee dismissed in Q1 2024, who is now fully disassociated from Hyperliquid Labs. The team clarified the individual’s actions do not reflect the team’s standards or values.

On December 22, US-listed Datavault AI Inc. (DVLT) announced it has been awarded two key U.S. patents to advance its on-chain content management and tokenized intellectual property (IP) portfolio, per Globenewswire. The newly issued patents cover a groundbreaking system and method leveraging blockchain technology and smart contracts for secure content licensing and tokenized currency.

Dec 22 – Elvira Nabiullina, Governor of the Central Bank of Russia (CBR), said crypto mining could be an extra driver behind the ruble’s strengthening, though its exact impact is hard to quantify. Earlier, Maxim Oreshkin—deputy head of Russia’s presidential executive office—noted that underestimating financial flows tied to mining and cryptocurrency has led to inaccurate ruble exchange rate forecasts, which have already affected the foreign exchange market. The CBR is evaluating the crypto and mining markets and weighing whether to include this data in its balance of payments. Additionally, Russia’s Industrial Mining Association (IMA) reports the country ranks second globally in crypto mining, accounting for over 16% of the world’s hash rate this summer.

Per Coinglass data as of December 22nd, here are the top crypto spot fund flows over the past 24 hours: **Top Net Inflows:** - USDE: $16.6M - TRX: $13.2M - SOL: $10.56M - DOGE: $4.7M - BNB: $4.68M **Top Net Outflows:** - NIGHT: $88.76M - XRP: $37.28M - BTC: $15.71M - ETH: $9.6M - BCH: $5.6M (Note: "M" = million; formatting aligns with U.S. financial news brevity and readability norms.)

As of December 22, LookOnChain monitoring data shows that 11 new addresses have withdrawn a total of 1.567 million LINK tokens from Binance over the past three days, totaling roughly $19.8 million. The addresses are as follows: 0xf440838830CC265DB72C81bfBa240E5A4cEb1CC4 0x3B89a89b1014A1a14F6cBc4a9306405Bb110f435 0x7E7a2942fB96254380f8635a11cd2651eEA91565 0xcbfDfED7d9FECD07ef1563db2a5a6fAF780A40cC 0x60Cc105FDB4CC57a3A45b908437F4AE8aA388Be7 0x7B4c37216ceb3601473A6afb380455eA0d7DD4A4 0xb227E8A6CFa85Eae6B4c232E4952d6655aBc3DDa 0xbfBB06B53080FbD03D228565237829f6601b6E0a 0x4dde56Fb0a734a69C79b00ECcBbF165057a1d3E6 0xFC951AdE3150970cab2a24AD0E4E48e48a264B3 0xD402390Ccc2cA74cD4C18C80A75FcFE45e41f044