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- 23:42Overview of Major Overnight Developments on December 121:00 (UTC+8) - 7:00 Keywords: Tether, Michael Saylor, Hassett 1. Goldman Sachs: A Federal Reserve rate cut in December is already a foregone conclusion; 2. In the past 24 hours, there has been a net outflow of 19,500 BTC from CEXs; 3. The on-chain holdings value of US spot Bitcoin ETFs has reached $150 billions; 4. Hassett: If Trump nominates him as Federal Reserve Chairman, he would be very willing to serve; 5. Speculation in virtual currencies is on the rise, and thirteen departments have joined forces to crack down on illegal financial activities; 6. Michael Saylor has once again released Bitcoin Tracker information, possibly hinting at another BTC accumulation; 7. Tether CEO responds to FUD: Tether's holdings in US Treasury bonds can generate about $500 millions in monthly revenue.
- 23:21Yearn yETH attacked, approximately $3 million worth of ETH flows into Tornado CashChainCatcher news, according to The Block, Yearn Finance's aggregated staking token product yETH was attacked. The attacker exploited a vulnerability to mint yETH almost infinitely, draining the assets in the pool in a single transaction. On-chain data shows that the attacker subsequently transferred about 1,000 ETH (approximately $3 million) into the mixing protocol Tornado Cash. Multiple contracts used for the attack self-destructed after the transactions. The exact scale of the loss is still unknown. Yearn stated that it is investigating the incident, and its V2 and V3 Vaults were not affected.
- 23:05The on-chain holdings value of US spot Bitcoin ETFs has reached $150 billions.According to Jinse Finance, Dune data shows that the total on-chain holdings of US spot bitcoin ETFs have now reached approximately 1,321,000 BTC, accounting for 6.62% of the current BTC supply, with the on-chain holding value reaching about $149.7 billions.