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A summary of major market events on December 14.

Bitwise's top ten crypto index fund has officially been listed and is now trading as an ETF on NYSE Arca.

As the crypto market remains sluggish, industry leaders are pinning their hopes on investors from the UAE.




What have foreigners been most concerned about in the past 24 hours?

What has Hyperliquid experienced recently?

The conflict between Aave Labs and Aave DAO over front-end integration and fee attribution essentially questions a core issue: who should control and distribute the value created by the protocol.

Despite having a correlation as high as 0.9 with major crypto tokens, small-cap tokens have failed to provide any diversification value.
- 10:10Data: The whale who previously lost $3.3 million going long on ETH has re-entered the market, opening a $17.4 million ETH long position.According to ChainCatcher, monitored by Lookonchain, the whale address 0x76AB, after losing $33 million from longing ETH, has re-entered the market—opening an 8x leveraged long position with 5,524 ETH (worth $17.4 million).
- 10:09Data: "Machi" has continuously added 300 ETH long positions in the past 3 hours, with the position value rising to $11.82 millionAccording to ChainCatcher, monitored by HyperInsight, "Maji" has continuously increased their position by 300 ETH long orders in the past 3 hours. As of press time, their 25x leveraged Ethereum long position has risen to $11.82 million, with a total position of 3,750 ETH.
- 10:05Do Kwon may still face a second trial in South Korea after being sentenced to 15 years in the USJinse Finance reported, citing Cryptonews, that Terraform Labs co-founder Do Kwon, after being sentenced to 15 years in prison by a U.S. federal court in Manhattan for orchestrating the $40 billion TerraUSD collapse, may still face a second trial in South Korea. According to reports, South Korean prosecutors are seeking a sentence of more than 30 years for Do Kwon on charges of violating capital market laws. The 34-year-old South Korean national may apply for transfer to South Korea after serving half of his sentence. Approximately 200,000 South Korean investors suffered losses of about 300 billion won ($204 million) as a result. U.S. District Judge Paul Engelmayer stated during sentencing last week: "In the history of federal prosecutions, few fraud cases have caused such severe damage." Do Kwon has admitted to deliberately participating in a scheme to defraud Terraform Labs cryptocurrency purchasers between 2018 and 2022, which led to the collapse of the TerraUSD stablecoin and Luna token in May 2022, triggering a chain reaction in the cryptocurrency market.