「1011 Insider Whale」 holds a $2.68 billion worth ETH long position, currently with a $16.8 million unrealized gain

On December 11, QwQiao—co-founder of Alliance DAO—took to social media to issue a bet: if anyone believes a weighted index of their chosen Layer 1 tokens will outperform the stock indexes he listed over the next decade, he’s willing to wager on it. QwQiao noted that most people hold a flawed misconception: equating growth with profitability, and profitability with market cap expansion. Historically, however, the majority of industries don’t follow this logic—there’s both growth without profit (e.g., airlines, the restaurant sector) and profitability without growth (some top companies can raise prices steadily over time). “I think blockchain will see rapid growth, but competition will squeeze profits,” he added. “While competition isn’t as fierce as in the restaurant industry, it’s far more competitive than an oligopoly.”

On Dec 11, The Block reported that former Movement Labs co-founder Rushi Manche and several unnamed partners have launched Nyx Group. The firm plans to inject up to $100 million into the liquidity market while offering operational support to founders of token launch projects. Nyx Group has been operational for months and made initial investments, though specific details remain undisclosed. The funding is expected to be deployed over the next few years. Earlier this year, controversy emerged after Manche was linked to a market-making deal tied to 66 million MOVE tokens—roughly 5% of the total supply. Movement Labs later ended its partnership with Manche.

Dec. 11: The U.S. Dollar Index (DXY) hit a 7-week low per market data, last trading at 98.460. ### 说明： 1. **美式表达优化**： - 日期用美式缩写 `Dec. 11`（非 `December 11th`，快讯更简洁）； - 货币指数用 `U.S. Dollar Index`（美式规范缩写）； - `per market data` 替代 `according to market data`（更符合英文快讯简洁性）。 2. **实时性调整**： 用 `last trading at` 替代 `now trading at`（避免“now”的动态歧义，更符合金融快讯“最新数据”的表达习惯）。 3. **结构优化**： 开门见山（日期+核心事件），符合美式快讯“信息前置”的特点，无冗余修饰。

On December 11, IBTimes reported that Spanish police recently uncovered a violent kidnapping targeting cryptocurrency holders. A man and his partner were kidnapped; the man was shot in the leg while attempting to escape and later found dead in a forest near Mijas, Malaga province. Police have arrested 5 suspects in Spain, while 4 others face prosecution in Denmark—underscoring the transnational reach of such criminal networks. As cryptocurrency values have climbed, similar violent incidents have surged globally. In 2024, multiple kidnappings of crypto holders have been reported in Canada, France (including Paris), and the United States. Criminals typically hold victims captive for hours, forcing them to hand over wallet passwords or biometric access to their digital assets. Experts emphasize that these recurring crimes indicate criminals are growing increasingly specialized in targeting cryptocurrency assets, posing a serious threat to holders worldwide.

Dec. 11 – Per The Block, Grayscale’s Bittensor Trust has launched secondary market trading on OTC Markets Group Inc.’s OTCQX platform under the ticker GTAO. Founded in August 2024, the trust was previously private and now opens to a wider investor base via public quoting. Additionally, Bittensor is set for a token halving on Dec. 14, which will cut token issuance to network participants and boost the scarcity of its native token, TAO.

On December 11, Sanctum — Solana’s liquidity staking protocol — announced the launch of its Sanctum App, with waitlist registration now open. Mobile users will be able to earn up to 10% SOL rewards (paid daily) through the app, collect Cloud Pets, and access additional features.