Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

December 24th: Per Onchain Lens monitoring, the "BTC OG Insider Whale" deposited 100,000 ETH into Binance 3 minutes ago, with the deposit valued at $2.9212 billion.

**CNBC: Trump Admin Impose Visa Ban on Former EU Commissioner Thierry Breton, 4 Anti-Disinformation Activists** On December 24, the Trump administration has imposed a visa ban on former European Union Commissioner Thierry Breton—key architect of the Digital Services Act (DSA)—and four anti-disinformation activists, accusing them of pressuring American social media platforms. U.S. Secretary of State Mike Pompeo said in a statement: “The State Department is taking decisive action against five individuals who systematically coerced American platforms into content moderation, stripped them of profit eligibility, and suppressed American viewpoints they disagree with. These radicals and weaponized NGOs have driven foreign government censorship and repression—always targeting American speakers and American companies. Their entry into the U.S. could therefore have serious adverse foreign policy consequences.” Breton served as an EU Commissioner from 2019 to 2024. The ban stems from a

December 24th — Per an official announcement, Binance Wallet will distribute the Alpha airdrop tonight at 9:00 PM UTC. Users holding at least 226 Alpha points can claim the tokens on a first-come, first-served basis until the airdrop pool is exhausted or the event concludes. Additional details will be released soon.

Binance announced on December 24 that it will conduct Ethereum (ETH) network wallet maintenance on December 25 at 14:00. To support this maintenance, ETH network deposits and withdrawals will be suspended starting at 13:55 on December 25. The maintenance is expected to last one hour, with deposit and withdrawal services resuming automatically upon completion.

December 24 – On-chain analyst Ai Auntie (@ai_9684xtpa) notes that liquidity provider Jump Trading has withdrawn $100 million in USD1 from Bitgo and deposited it into Binance over the past four hours, driven by Binance’s launch of a high-yield USD1 savings product. The move likely aims to meet the short-term surge in USD1 liquidity demand. Additionally, USD1’s supply has increased by 118 million today, pushing its market cap to $2.87 billion.

On December 24th, data from the Coinbob Popular Address Monitor shows that the whale with an address starting with 0xd16 has racked up notable profits on its HYPE short positions. Since November, this address has opened short positions around $39 and continuously expanded its position. Currently, the position size is approximately $6.43 million, with an average cost of $35.7, unrealized gains of $3.28 million, and a return of up to 509%. The current liquidation price stands at $32.78. Additionally, during the holding period, the whale has repeatedly deployed roughly 10% of its capital to open short-term long positions—aiming to capitalize on market rebound opportunities, hedge risk, and boost returns. This strategy has proven highly effective, doubling the total assets in its account.