December 29th Market Key Intelligence, How Much Did You Miss?
Featured News
2. ZBT Surges Over 58.5% in the Past 5 Hours, with Over $1.2 Million in Liquidations Across the Network
4. BSC-Based MSCST Project Faces Flash Loan Attack, Losing Around $130,000
5. Flow Abandons Network Rollback, Will Phased Network Recovery
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
Here is the Chinese translation of the original content:
[STANDX]
STANDX currently dominates social discussions, driven by its ongoing mainnet launch trading points event and the rapid growth of its auto-yield stablecoin $DUSD, with current TVL of approximately $160 million.
Discussions focus on the platform's institutional-grade matching execution (built by the original Binance Futures founding team) and its unique "poker table-style" trading interface.
Key interactive drivers also include: a 10% points bonus for Binance Wallet users; market rumors of a potential integration with Pendle Finance on January 29; $DUSD's capital efficiency advantage: users can earn passive income while using it as collateral for high leverage perpetual contracts
[BNB]
BNB has become a focal point of discussion due to its relative resilience in 2025, being one of the few mainstream altcoins to experience an increase in value (around +19% year-to-date).
The ecosystem data is also impressive, with BNB Chain leading in daily active users among L1 blockchains, averaging around 4.32 million.
Market attention is also on: Changpeng Zhao's (CZ) year-end AMA following a presidential pardon; significant increase in trading volume; a strategic shift towards AI-driven payments and stablecoin scalability; BNB listing on Gemini; inclusion of opBNB upgrade and native privacy feature in the technical roadmap for 2026.
[TWT]
Trust Wallet (TWT) has seen a significant surge in popularity after its browser extension version 2.68 fell victim to a supply chain attack, resulting in the theft of around $6-7 million in user funds.
The attack, carried out by implanting malicious code to steal seed phrases, prompted an emergency announcement from the official team, urging users to upgrade to version 2.69.
Following CZ's statement that Trust Wallet would fully reimburse the losses and that user funds are "SAFU," market sentiment has somewhat recovered, but the community still criticizes the initial security vulnerability and delayed disclosure.
[MEGAETH]
MEGAETH has gained increased discussion momentum, primarily due to its strategic integration with Mayan Finance and Wormhole, enabling native cross-chain swaps and transfers without the need for wrapped tokens. The community is also highly interested in its financial system-level real-time execution capability, active over-the-counter pre-trading, and anticipation of its mainnet launch and TGE, rumored to potentially occur in early 2026.
[MIDEN]
MIDEN is gaining popularity due to its first offline community event in South Korea and the release of the "Miden Name" identity system, which introduces a more user-friendly "Pay-to-Name" feature.
Community discussions are focused on its ZK native architecture, particularly: client-side execution; and the Actor model for high-performance parallel processing.
As a key privacy layer in the Polygon AggLayer ecosystem, MIDEN has received praise for its programmable privacy capabilities and developer-friendly support for Rust and WebAssembly, with the mainnet expected to launch in 2026.
Featured Articles
1.《 Lighter Founder's Latest Response on Token Issuance Progress, What Did They Say》
Yesterday morning, Lighter Founder and CEO Vladimir Novakovski held a deep Q&A session on Twitter Space. As promised earlier that "TGE will be completed this year," Lighter will complete the TGE in the final 3 days countdown time. Meanwhile, in the past few days, Lighter's new round of witch account cleaning has caused some users to lose their hard-earned points, sparking intense discussions on Discord and Twitter.
2.《Who Is Creating These Ugly Memes?》
When AI, algorithmic recommendation, and crypto speculation are combined, internet memes are systematically "manufactured" to harvest attention and money. Starting from a series of offensive content that went viral on social platforms, this article reveals how these seemingly absurd trends serve the propagation logic of crypto scams. It reminds us that when popularity is no longer organically generated but designed to profit, the internet is becoming more chaotic and dangerous.
On-chain Data
On-chain Fund Flow Last Week on December 29
You may also like
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
ZachXBT: Humanity private key leak and abnormal surge in H token should be viewed separately
On June 9, according to related disclosures, on-chain investigator ZachXBT posted an update on Humanity’s roughly $31 million security incident, saying that after further analyzing fund flows, he currently tends to believe the project team was not involved in an “inside job” or a self-staged attack. According to him, the official explanation about the private key leak was broadly accurate, but before the token unlock, the price of H had been artificially pushed higher, and the hacker later took advantage of that market environment; therefore, the private key leak and the earlier abnormal price pumping should be regarded as two separate and independent events. This reframing has shifted the market’s understanding of the nature of the incident. Earlier discussion around Humanity had focused on whether the team directly participated in the attack or used the security incident to cover up internal operations. ZachXBT’s latest remarks shift the focus from “whether it was self-theft” to “whether there were pre-unlock market structure issues.” He also questioned whether the team may have.
Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing
Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market
Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle
Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."
$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage
Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026
MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.
Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million
Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.
White House Discusses CLARITY Act With Law Enforcement Ahead of Senate Vote
The White House discussed the CLARITY Act with law enforcement ahead of a Senate vote, focusing on illicit finance risks and developer protections.
Bitcoin Trading Guide 2026: Strategies for Experienced Traders
What Is XAUT and PAXG? Why Tokenized Gold Is Booming in 2026
Will the SpaceX IPO Hurt Bitcoin? Here's What Traders Are Watching
Foreign selling in the South Korean stock market accelerates, with cumulative net sales reportedly reaching $75 billion this year
On June 9, The Kobeissi Letter, citing Goldman Sachs data, reported that global investors are selling South Korean stocks at an unusually rapid pace. In the latest trading session, foreign investors sold about $801 million worth of Kospi constituent stocks again; total foreign outflows last week reached about $10 billion, and the market has been in net foreign selling on nearly every trading day over the past month. According to the data cited in the report, foreign investors have sold about $75 billion worth of South Korean stocks so far this year. Meanwhile, South Korean retail and institutional investors together recorded roughly $69 billion in net buying over the same period, suggesting that the market’s main buying support has come from domestic capital rather than returning overseas funds. The information currently disclosed still mainly comes from The Kobeissi Letter’s retelling and Goldman Sachs data summaries, while public details on the statistical period and the specific definition of “selling” remain relatively limited.
Fortune Warns of Strategy’s Financing Structure Risks as Bitcoin Premium Narrows
Fortune warned that Strategy’s Bitcoin treasury model faces growing financing risks as MSTR’s net asset premium narrows and preferred stock dividend pressure increases.
Ferrari Challenge Le Mans: Carl Moon to Dominate in WEEX Livery
Sahara AI Responds to SAHARA’s Sharp Drop: No Contract or Product Security Issues Found, Internal Investigation Underway
Sahara AI responded to SAHARA’s 60% price drop, saying no token contract or product security issues have been found and an internal investigation is underway.
WEEX Deposit/Withdrawal Dynamic Island: Your Asset Status, Always in Sight
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
ZachXBT: Humanity private key leak and abnormal surge in H token should be viewed separately
On June 9, according to related disclosures, on-chain investigator ZachXBT posted an update on Humanity’s roughly $31 million security incident, saying that after further analyzing fund flows, he currently tends to believe the project team was not involved in an “inside job” or a self-staged attack. According to him, the official explanation about the private key leak was broadly accurate, but before the token unlock, the price of H had been artificially pushed higher, and the hacker later took advantage of that market environment; therefore, the private key leak and the earlier abnormal price pumping should be regarded as two separate and independent events. This reframing has shifted the market’s understanding of the nature of the incident. Earlier discussion around Humanity had focused on whether the team directly participated in the attack or used the security incident to cover up internal operations. ZachXBT’s latest remarks shift the focus from “whether it was self-theft” to “whether there were pre-unlock market structure issues.” He also questioned whether the team may have.
Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing
Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market
Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle
Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."
