1. Total market value of DeFi tokens: US$116.823 billion
2. Trading volume of decentralized exchanges in the past 24 hours: $62.07
Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $123.534 billionbillion
Top 10 DeFi Projects by Locked Assets and Total Value Locked (Data Source: defillama)
1. Total Market Value of NFTs: $11.317 billion
NFT Total Market Capitalization, Top Ten Projects by Market Capitalization Data Source: Coinmarketcap
2.24-hour NFT Transaction Volume: $1.711 billionUSD
Top 10 NFTs by Sales Growth in the Last 24 Hours. Data Source: NFTGO
Bond Market Bets on Early End to Fed Easing Cycle
Bond traders are betting that the Federal Reserve's rate-cutting path over the next year will be shallower and shorter than previously expected, part of a global market bet that major central banks will slow or stop monetary easing.
1. Espresso Launches Presto Cross-Chain Solution and Begins Cross-Chain NFT Minting
Espresso Systems, the Rollups infrastructure layer, announced the launch of Presto, a cross-chain transaction solution. Leveraging Espresso's fast finality, Presto reduces cross-chain latency to less than 2 seconds. Simultaneously, the Espresso Foundation partnered with ApeChain, a blockchain developed by Rarible and BAYC developer Yuga Labs, to launch the first seamless cross-chain NFT minting on ApeChain and RARI Chain based on Espresso technology. This minting will be conducted in two phases on the Rarible platform, which integrates Presto.
The first phase has begun, with the RARI NFT series being issued on ApeChain. Users can use funds in RARI to mint NFTs on ApeChain without manually transferring funds across chains or paying gas fees. Minting with RARI costs 0.001 ETH (approximately $3). The second phase will begin on December 15th, with the ApeChain series launching on RARIChain. Users can then use ApeChain funds for minting.1.Polygon launches Madhugiri hard fork, increasing throughput by 33%
3. Fogo Announces FOGO Token Presale on December 17
On December 10, according to an official announcement, the SVM Layer1 public chain project Fogo announced that it will launch a FOGO token presale on December 17. This presale will provide 2% of the total FOGO genesis supply.
4. EigenLayer Developers: Team Develops and Open-Sources LittDB Database
According to Jinse Finance, EigenLayer developer Nader Dabit stated on X that the team has developed and officially open-sourced the LittDB database, which can bring a 1500x throughput increase to EigenDA, while achieving millisecond-level writes, sub-millisecond-level reads, and stable resource consumption performance.
5. Celo Plans to Upgrade Token Economic Model and Publicly Solicits Opinions, Proposed to Introduce Buyback and Burn Mechanism
According to Jinse Finance, Rene, Chairman of the Celo Foundation, stated that the CELO token economic model will be upgraded, considering the introduction of a token buyback and burn mechanism to improve the long-term economic architecture.
The company stated that with the growth of network activity, the existing model needs to be redesigned to better accommodate the increasing demand for transaction fees. The upgrade process will be conducted in four phases: first, a public consultation will be held on the Celo forum, followed by invitations to researchers, token economists, and ecosystem contributors over the next few weeks; then, research and modeling will be carried out; the third phase will be a community review; and finally, the upgrade will be completed through a governance process. The entire process will be fast-paced, transparent, and community-driven, led by the Celo Foundation and cLabs.
Malaysia lost over RM4.57 billion (US$1.1 billion) between 2020 and 2025 due to illegal electricity use by crypto miners. Authorities have identified nearly 14,000 premises involved and are cracking down using smart meters, enforcement, and public awareness campaigns.
AnaisSouth Korea’s cryptocurrency tax system, first approved in 2020, is still not ready, with key rules and infrastructure unfinished. Experts warn the January 2027 rollout could be delayed again as political disagreements and technical gaps continue.
WeatherlyWilliam Lonergan Hill, co-founder of Samourai Wallet, has been sentenced to four years in prison for running an unlicensed crypto service used in criminal transactions. His co-founder received five years, and authorities are emphasising consequences for illegal activity linked to privacy-focused crypto tools.
AnaisThe US has approved the export of Nvidia’s advanced AI chips to the UAE and Saudi Arabia, allowing each country to acquire up to 35,000 units. The chips will go to G42 and Humain under strict security rules, supporting the Gulf nations’ growing AI projects and partnerships.
WeatherlyWarner Music ended its dispute with Udio and agreed to build a licensed AI music platform together. Suno, meanwhile, raised $250 million and hit a $2.45 billion valuation while still facing lawsuits from major record labels.
AnaisRipple is considering adding staking to the XRP Ledger to reward participants and improve network security. The plan would change how transaction fees are used and could expand XRP’s role in DeFi, though it requires major technical updates.
WeatherlyNaver plans to acquire Dunamu, the operator of South Korea’s largest crypto exchange Upbit, through a stock swap, making Dunamu a wholly owned subsidiary. The merger could create a single digital finance platform combining payments, crypto trading, and blockchain services, while Dunamu’s management becomes the dominant voice in the combined company.
WeatherlyA specially crafted delegation transaction caused Cardano’s network to split into two conflicting chains, disrupting exchanges, DeFi apps, and users. Developers quickly deployed emergency fixes, restored consensus, and confirmed that no user funds were lost.
AnaisBitcoin has fallen more than 30%, cutting the estimated value of Satoshi Nakamoto’s holdings from $137 billion to around $95.8 billion. The decline makes the pseudonymous creator the 20th richest person in the world, with their coins remaining largely untouched for over 15 years.
WeatherlyGrayscale is launching Dogecoin and XRP ETFs on the NYSE, allowing mainstream investors to trade the tokens directly. The launches come as trading volumes rise and the market for altcoin ETFs becomes increasingly crowded.
Anais