The total market capitalization of stablecoins has grown by 70% this year, with global payment applications and institutional demand being the main driving factors.

**December 26 Update** At 9:00 AM ET, GMGN monitoring (via [link]) reported the top wallet for Solana meme coin “67” (H4s6) dumped all 20.1 million of its tokens in a single block, triggering a flash crash. The coin’s price plummeted 74% in minutes—from $0.019 to a low of $0.005—before rebounding to ~$0.014 as of press time. Trading data shows the wallet initially purchased $514,000 worth of “67” at an average price of ~$0.0246. It sold the entire holding at an average of $0.0107, realizing a **$290,000 loss (56.1% drawdown)**. The sell-off cleared all buy orders in the $0.005–$0.019 range to exit quickly.

OFFICIAL: Binance Wallet to Airdrop Binance Alpha Today (Dec 26) at 9:00 PM UTC+8 Per official sources, Binance Wallet will distribute Binance Alpha via airdrop on December 26 at 9:00 PM UTC+8. **Eligibility**: Users holding at least 240 Alpha points may claim the airdropped tokens on a first-come, first-served basis. The airdrop will run until the token pool is fully claimed or the event concludes. Further details will be announced separately.

On December 26, Trust Wallet officially confirmed that approximately $7 million in assets have been impacted. All affected users will receive full refunds, the team stated. Supporting affected users is the team’s top priority, and they’re actively streamlining the refund process. Additionally, the team is urging users of the affected v2.68 browser extension to take the following steps immediately: 1. Do NOT open the Trust Wallet v2.68 browser extension on your desktop—this keeps your wallet secure and prevents further issues. 2. Open Chrome’s extension panel by pasting this official shortcut into your address bar: chrome://extensions/?id=egjidjbpglichdcondbcbdnbeeppgdph 3. If the Trust Wallet toggle is still “On,” switch it to “Off.” 4. Click “Developer Mode” in the top-right corner. 5. Click the “Update” button in the top-left corner. 6. Verify the version is 2.69—this is the latest, secure version.

On December 26, the Lighter team announced that its zk circuits for perpetual and spot trading have completed an audit and are now officially open source. The team has released full verification code, enabling external parties to independently verify the authenticity and validity of every order, cancellation, and settlement operation on Lighter’s Layer 2 (L2) network on Ethereum. Developers can generate the ZkLighterVerifier via GitHub build scripts and perform consistency checks against the deployed Ethereum contracts.

On December 26, @BTC__options—a macro researcher at Greeks Live—reported today’s cryptocurrency options expiration is the largest in history by notional value: ~$28 billion. Key details: - Bitcoin (BTC): 267k options expiring; Put/Call ratio 0.35; max pain $95k; ~$23.6B notional. - Ethereum (ETH): 1.28M options expiring; Put/Call ratio 0.45; max pain $3.1k; ~$3.71B notional. Market update: Over half of the options have settled today. Pre-settlement, option block volume and trading share climbed amid position-adjustment demand. Post-settlement, March quarterly options lead total open interest (over 30%), dominated by out-of-the-money calls. Q4 context: This year’s Q4 performance is the worst in recent years. Industry cyclicality and slow growth have depressed sentiment, favoring seller strategies.

December 26 — Per Arkham’s monitoring data, a whale at address 0x2a42 withdrew 87,659 LINK from Binance roughly five minutes ago, valued at approximately $1.08 million. Over the past two days, this whale has pulled a total of 234,979 LINK from the exchange, worth around $2.9 million. Whales appear to be ramping up LINK accumulation recently. Separately, a whale at address 0xEC7B has withdrawn 469,437 LINK from Binance over the past two days, with the total valued at roughly $5.77 million.