GasWrangler

Aave DAO recently voted down a proposal to transfer brand assets to a decentralized management organization, due to token holders' dissatisfaction with Aave Labs retaining frontend revenue rights. Founder Stani Kulechov acknowledged the need to clarify the relationship between the company and its holders, while member Marc Zeller hinted at the possibility of voting again. This reflects the challenges in value distribution between project teams and the community within the DeFi ecosystem.

A trader made over $1.9 million in profit within just two weeks through 108 trades, with a win rate of approximately 59%. His success mainly relied on in-depth research of sports event outcomes and exploiting market information asymmetries to generate profits, demonstrating the operational logic of prediction markets.

Hyperliquid Exchange announced its 2025 performance, with total transaction volume reaching $2.95 trillion and an average daily trading volume of $83.4 billion. Annual revenue is approximately $843 million, mainly from perpetual contracts. Net inflow of funds is $3.87 billion, with 609,662 new users, and the platform continues to expand. Overall performance remains strong.

【Crypto World】Some bad news has arrived. Trust Wallet officially confirmed recently that version 2.68 of the browser extension has a security vulnerability, affecting approximately $7 million worth of user funds. The good news is that the official team has made a commitment to ensure that all affected users will receive a full refund. Supporting users is their top priority right now, and the team is working quickly to improve the refund process.
If you are currently using version 2.68, you need to take action as soon as possible to protect your assets. What should you do? Here's a checklist:
First, immediately stop using version 2.68 of Trust on your desktop device.

This afternoon, the Bitcoin options market will undergo the largest delivery in history, with a total of $28.5 billion for BTC and ETH. Analysts warn that market volatility may increase after the delivery, as similar deliveries in the past have often triggered rapid market changes. Investors should be mentally prepared.

【Crypto World】Solana(SOL) just broke below the key support level of 120 USDT, with the current price at 119.96 USDT. The decline over the past 24 hours has widened to 2.3%, and the market is under obvious pressure.

Wintermute's Evgeny Gaevoy criticizes those who shout "exit" in the cryptocurrency space, calling them "dishonorable," and believes they haven't truly committed to the industry, reflecting the industry's dissatisfaction with the rash exit phenomenon.

On Friday, the BTC and ETH options markets experienced approximately $28.5 billion in large-scale expirations, leading to a relaxation in speculative risk pricing. BTC implied volatility dropped to 43%, with skewness across various maturities stabilizing, indicating a decline in bearish sentiment. ETH remains stable with manageable medium- and long-term risks. Options trading tools have been upgraded to support automatic rolling sell strategies, enhancing trading convenience.

An 8-year dormant Bitcoin whale address has recently become active, transferring 400 BTC to a certain exchange, worth approximately $34.92 million. The player's unrealized gains have reached $30.4 million. Such large account operations often indicate a market trend change and are worth monitoring.

Global liquidity reaches $147 trillion, but the cryptocurrency market shrank by $1.37 trillion in 79 days, with investors turning to gold and stablecoins. Although regulations may relax bank capital restrictions, the Financial Stress Index indicates that it is still not a good time to enter the market. Patience is needed.

U.S. labor market data shows that initial unemployment claims are at 214,000, below expectations, and the number of continued claims has also decreased, indicating a resilient job market. This reinforces expectations of a soft landing for the economy and will impact the crypto market and Federal Reserve policies.

The "slimming plan" implemented by the U.S. government has cut nearly 9% of federal employees, but expenditures have actually increased by almost 6%. This contradictory phenomenon highlights the gap between policy effects and actual costs, which is worth the attention of investors analyzing macroeconomic trends.

【ChainNews】Polymarket has encountered trouble this time. Recently, user accounts on the decentralized prediction market platform experienced theft incidents, and the official confirmation pointed to a system vulnerability in the third-party authentication service provider Magic Labs.
What’s more upsetting is that some users who registered through Magic Labs, even without clicking any suspicious links and having enabled two-factor authentication protection, still had their funds transferred out. This directly hits the pain point of Web3 users — no matter how cautious you are, you can't prevent issues caused by underlying service providers.
The good news is that the official statement says the vulnerability has been fixed, and there is currently no ongoing risk. Affected users will be notified separately about the handling plan. However, the platform has not disclosed how many people were affected or the scale of the losses, which has also raised some doubts.
This incident also serves as a reminder to all Web3 users that even when operating on well-known platforms, you should stay vigilant — third-party service providers'

The VIP exclusive BGB airdrop plan of a leading exchange's fourth phase has distributed a total of 80,420 BGB. Eligible users received rewards based on their account level and trading volume. Since its launch in September, the plan has continued to attract active traders, and subsequent plans are worth paying attention to.

Investors have observed that the trading strategy of going long on the Nasdaq index while shorting crypto trading platforms is profitable, reflecting the trend of the U.S. stock market migrating towards Blockchain. In this transformation, Financial Institutions are being impacted, while the crypto market is gradually rising, and the market landscape is undergoing a deep adjustment.

[Coin World] In 2025, the interest expenditure on U.S. government bonds is now exceeding 1 trillion dollars annually—this figure has already surpassed defense spending and healthcare spending. Can you imagine what this means? Many industry insiders are sounding the alarm, as this situation can easily fall into a vicious cycle of "the more debt, the higher the interest, the more debt continues to soar."
Interestingly, the Federal Reserve has noticed this issue and has begun to reposition stablecoins - viewing them as a strategic tool. The latest regulations require stablecoin issuers to back their reserves with U.S. Treasury bonds, which essentially creates a new buyer for government debt in a roundabout way. Before long, there could be a large-scale group of government debt buyers composed of stablecoin issuers. This presents both opportunities and challenges for the crypto ecosystem.