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Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

In the past 7 days, #Bitcoin's TVL increased by $3.09B, #Etherum's TVL increased by $2.22B, and #Hyperliquid's TVL increased by $1.87B.

Funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

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An attacker deposited 95 ETH into Tornado Cash, worth approximately $280,000

On December 25, CertiK Alert monitoring shows a contract attacker has deposited 95 ETH (valued at roughly $280,000) into Tornado Cash. Prior to this, the attacker exploited an uninitialized instance of the EIP-7702 delegation contract: initializing it granted them the owner role, enabling them to drain all funds from the delegator’s address.

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Uniswap Foundation Financial Report Reveals Team's "High Salary Low Ability" Dynamic, Community Outraged

**December 25th Update** Per the Uniswap Foundation’s 2024 financial report, the organization’s annual salary costs totaled $4.8 million—yet its actual work output amounted to just disbursing $10 million in funds. By contrast, the Optimism Grants Council’s staff costs hit $2.6 million while managing a $63.5 million grant budget. The crypto community has noted Uniswap’s executive compensation is on par with Optimism’s entire grants team, but its fund disbursement is only 20% of the comparison. This has spurred calls for UNI holders to demand the foundation justify its value, and ignited a broader debate over DAO efficiency.

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Infinex Lowers Sonar Initial Token Sale Amount and FDV: FDV Decreased to $99.99 Million, Funding Amount Reduced to $5 Million

**Infinex Updates Token Sale Terms for Sonar on Echo (Dec 25)** Cross-chain aggregator DeFi platform Infinex has revised its token sale details for Sonar on Echo: - Offering 5% of its token supply - Lowering the fundraising target from $15M to $5M - Cutting fully diluted valuation (FDV) from $300M to $99.99M Registration opens December 27, with the sale kicking off January 3. The team is also selling an additional 2% of tokens to Uniswap CCA. (Source: Bankless)

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Early Bitcoin Advocate Erik Voorhees Associate Address Transfers 1635 ETH to New Address

Per Onchain Lens monitoring, a wallet tied to early Bitcoin evangelist Erik Voorhees moved 1,635 ETH (valued at $4.81M) to a new address on December 25th, then cross-chain transferred the funds via Thorchain. The wallet currently holds 4,004 ETH, totaling roughly $11.82M.

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Maple Releases 2025 Year-End Letter: AUM Grows to $5 Billion, Target Revenue of $100 Million by 2026

Lending protocol Maple has released its 2025 Year-End Letter, outlining key milestones and 2026 priorities: - Assets Under Management (AUM) rose from ~$500 million to over $5 billion in 2025. - Annual revenue topped $25 million. - Matched trading volume hit $8.5 billion, with ~$60 million in interest paid to lenders. - Partnerships expanded with Aave, Sky, Binance, OKX, Cantor Fitzgerald, Bitwise, and Chainlink to onboard new users and scale the Maple ecosystem. For 2026, Maple will prioritize revenue, targeting $100 million in annual revenue by year-end.

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Onshore Renminbi Breaks Through 7.01 Against US Dollar, Reaching a New High Since September 27, 2024; USDT Premium Rate Reports -1.35%

On December 25, the onshore yuan climbed past the 7.01 mark against the U.S. dollar, hitting a fresh high not seen since September 27, 2024. As of now, the over-the-counter (OTC) price of USDT stands at roughly 6.92 yuan. Meanwhile, the current USD-yuan exchange rate is 7.0144 yuan, with a USDT premium of -1.35%.

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