Overview of Key Overnight Developments on December 27

21:00-7:00 Keywords: KULR, Central Bank of Brazil, ChainOpera AI, MicroStrategy

1. Two former executives of the cryptocurrency exchange FTX received reduced sentences;

2. KULR spent $21 million to purchase approximately 217 bitcoins;

3. The Central Bank of Brazil proposed banning the transfer of stablecoins to self-custody wallets;

4. Strive Asset Management applied to the US SEC for a Bitcoin bond ETF;

5. L1 blockchain ChainOpera AI completed a $17 million seed round of financing;

6. Japanese Prime Minister: Currently lacks sufficient information to consider Bitcoin as a strategic reserve;

7. In nearly 5 hours, USDC Treasury minted an additional 300 million USDC on the Ethereum network;

8. Wintermute: Companies emulating MicroStrategy by adding Bitcoin to their balance sheets may become a trend by 2025.