韩国银行在 12 月 23 日发布的下半年度金融稳定报告中表示，随着全球虚拟资产市场制度化推进，虚拟资产与传统金融市场的关联度正在增强。报告分析指出，在法人及机构投资者参与扩大、现货 ETF 推出等因素驱动下，虚拟资产价格波动与股市的同步性日益显著。溢出效应指数分析显示，虚拟资产市场的冲击会波及传统金融市场，特别是在宏观经济冲击或货币政策转向时期。报告认为，韩国国内由于禁止法人参与市场及限制金融产品发行，目前的溢出效应处于较低水平，市场结构仍以个人投资者为主。但韩国银行指出，若未来韩国推进虚拟资产制度化，虚拟资产与传统金融市场的联系将随之扩大，形成冲击传导路径。因此，在制度化过程中，必须建立能够将同步化带来的潜在风险管理在可承受水平内的体系。

According to Foresight News, Cardano SPO Dave recently suggested on social media that Solana should consider integrating SOL into ADA to enhance interoperability, bypassing the need for Base as an intermediary. Solana co-founder Toly responded positively, saying, "Let's do it," while Cardano founder Charles Hoskinson echoed the sentiment, stating, "It's time to get started."

本文探讨了Tether不断扩大的影响力、其股权代币化的可能性，以及Plasma和Stable等新型USDT原生基础设施如何旨在围绕USDT流动性捕获价值。

据 Onchain Lens 监测，某巨鲸或机构将 1,173,615 枚 SOL 质押至 Helius Labs，价值 1.74 亿枚美元。

On Dec 23, 2025, 04:57 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 88,000 USDT and is now trading at 87,957.523438 USDT, with a narrowed 1.04% decrease in 24 hours.

在RWA的光谱两端，分别是完全许可型代币与完全无需许可型代币

加纳议会已表决通过虚拟资产服务提供商法案，正式将加密货币交易及相关数字资产活动合法化。该法案规定，从事数字资产活动的个人和实体需根据业务性质，向加纳中央银行或证券交易委员会办理注册。Bank of Ghana 行长 Johnson Asiama 在讲话中表示，该法案为行业参与者的许可与监督奠定了基础，确保新兴活动被纳入透明且受监管的框架内。Johnson Asiama 明确指出，法案通过后将不再有人因交易加密货币而被捕。此外，加纳计划在 2026 年针对支付、贸易融资及市场基础设施开展专项探索，其中包括研究黄金抵押稳定币等资产支持型数字结算工具。根据 Web3 Africa Group 估算，加纳在 2023 年 7 月至 2024 年 6 月期间处理了约 30 亿美元加密货币交易。

BTC,ETH,衍生品,RWA,链上美债,代币化正迈入金融市场的核心领域 金色财经,监管机构如何允许代币化资产进入抵押品和结算系统。

According to PANews, Kuaishou (01024.HK) announced that its live streaming feature was targeted by a cyberattack on December 22, 2025, around 22:00 UTC+8. The company promptly activated its emergency response plan and, after comprehensive efforts in handling and system repair, the live streaming service has gradually returned to normal. Other services of the Kuaishou app were not affected.

According to PANews, Joey, the co-founder of Augur, one of the earliest prediction markets in the crypto space, shared his insights on the evolution of prediction markets. In a recent interview, he discussed the successes and failures of these markets. Joey identified three major challenges faced by Augur in its early days: low liquidity, poor user experience, and regulatory uncertainty. These issues hindered the alignment of the product with the market. He noted that while Augur demonstrated the potential of crypto-native innovation, it also highlighted the gap between concept and practicality. Ten years ago, the focus was on 'innovation theater,' but now there is a need to address real-world demands. He emphasized that the key lessons for prediction markets include solving the 'oracle problem' (real-world data input) and lowering user barriers, rather than relying solely on decentralization. Founders should avoid 'premature decentralization' by first developing centralized prototypes to test the market before moving on-chain. Joey attributed Polyamarket's recent success to its focus on real-time event predictions, such as elections and sports, and its high liquidity design, which attracted non-crypto users. For instance, it aggregates information more accurately than traditional polls, as evidenced by the surge in trading volume during the 2024 U.S. presidential election, showcasing its value as an 'information market.' Addressing whether prediction markets are merely gambling, Joey argued that they have evolved into risk hedging tools. Companies can use them for supply chain predictions, moving beyond the stereotype of being just gambling platforms. This shift marks a transition from speculation to utility in the crypto space. Like stock markets, prediction markets involve speculation, but their core function is information discovery. Joey warned that if regulators view them purely as gambling, they risk missing out on economic benefits. Looking ahead, Joey suggested that the U.S. might require prediction markets to comply with KYC/AML regulations, limiting anonymous transactions. While the EU and Asia have more favorable policies, the U.S. sets global standards. Regulation is a double-edged sword; clarity could attract institutional participation, but excessive control, such as banning certain event bets, could stifle innovation. He advised prediction market projects to proactively engage with regulators to avoid an 'adversarial approach.'

据 Glassnode 监测，比特币永续合约持仓量已从 30.4 万枚 BTC 升至 31 万枚 BTC。与此同时，资金费率从 0.04%翻倍至 0.09%，表明交易员正在为年底行情积累杠杆多头头寸。此外，12 月 26 日将迎来史上规模最大的期权到期事件之一，名义价值超过 230 亿亿美元的比特币期权合约届时到期。Deribit 数据显示，看涨期权主要集中在 10 万美元和 12 万美元行权价，看跌期权则集中在 8.5 万美元附近。目前看跌/看涨比率为 0.37，最大痛点价格为 9.6 万美元。

一名韩国男子利用加密货币为一个语音钓鱼团伙洗钱，在上诉取消缓刑后被判处四年监禁。法院称，他是该诈骗团伙的中层管理人员，而且有犯罪前科，因此需要对他处以更严厉的惩罚。

比特币的价格走势已经进入了一个具有欺骗性的平静阶段。几天来，比特币一直在 88000 美元附近大约 5000 美元的窄幅区间内交易，给人一种稳定的印象，而潜在的压力却在稳步累积。

预测市场 predict.fun 在 X 平台发文宣布，首周积分活动将于北京时间今晚 10 点结束，3 天后预测积分奖励和其他额外的空投奖励将计入用户的个人帐户，并且排行榜也将更新。此外，第二周积分活动将在首周活动结束后立即启动。

顶级机构对2026年AI趋势的判断两极化，一方赌注红利持续由美国科技巨头垄断，另一方则相信AI作为全球性基础设施升级，其红利将向全球市场扩散。

美联储副主席菲利普·N·杰斐逊的讲话反映了全球最重要央行对新兴技术的审慎观察，也为市场参与者提供了理性评估AI热潮的清晰框架。

为何普遍唱衰经济的背景下，“逢低买入”策略依然屡试不爽？

本文系统拆解 AI 训练范式与强化学习技术原理，论证强化学习 × Web3 的结构优势，并对相关项目进行分析。

金色财经推出加密货币和区块链行业早报《金色早8点》2917期，为您提供最新、最快的数字货币和区块链行业新闻。