Odaily News Buffalu, founder of the crypto infrastructure company Jito, said in a post on X: The Jito Labs Block Engine team has been advancing development work, focusing on reliability and performance: - Reduce trust in centralized databases; - Better and faster network retries; - Better load balancer performance; - Improved auction logic brings lower latency and more transactions. These improvements have been reflected in the user experience: more transactions can be completed faster. Jito tips pay normal priority fees at a ratio of about 1:1, but the block space used is very small (the average CU per block in the past 12 hours is about 9.3M, a total of 48M). To achieve this, we ran simulations on a custom internal fork of Jito-Solana (>500k/s). Our system and validator clients delete bundles that fail to execute, saving block space and improving the experience of all users on the network. We have cared about stakers from day one and established a protocol for transparently distributing tips to stakers. This has led to a significant increase in the number of validators and LSTs across Solana. staking rewards increased (priority fees were not shared with stakers until SIMD-0123). Now ~20-30% of staking rewards come from Jito tips. Since its launch in late 2022 (early validator adopters), validators and stakers have earned over 31 million additional SOL. This month, it generated 9.2 million SOL ($208 million) in revenue for validators and stakers. There is still a lot of work to be done in the future: - Improving auction efficiency and tip prediction work; - Platform performance; - Infrastructure redundancy and global footprint expansion; - (Revised) v2, planned for release early next year.

Odaily News The blockchain game Alien Worlds issued a reminder on X: Please be vigilant. Harmful fake NFT series are making a comeback, targeting unsuspecting buyers. Before purchasing any NFT, please check carefully to make sure it comes from an official and verified series.

Odaily News Dune data shows that the Base ecosystem AI Agent Clanker has accumulated fee income of more than 8.5 million U.S. dollars since its launch, and currently stands at 8,584,369 U.S. dollars.

PANews reported on December 1 that in response to the information that South Korea will postpone the taxation of virtual assets for two years, Arthur Hayes said: The bull market can continue, and South Korea's capital gains tax will be postponed for another two years.

Odaily News Runestone founder Leonidas warned the Runes community on X: $DOG holders have just been airdropped a scam inscription that links to a scam website that will steal user wallet assets. Runes has now attracted the attention of scammers, so be very careful when connecting your wallet to which websites.

PANews reported on December 1 that according to Lookonchain monitoring, two whales took profits on UNI and LINK today. 0x2B4F sold 135,150 UNI ($1.71 million) for a profit of $1.15 million. 0x6049 sold 363,814 LINK ($6.88 million) for a profit of $3.06 million.

Odaily News In a recent interview, Anthony Pompliano, founder and CEO of Professional Capital Management, analyzed MicroStrategys approach to buying Bitcoin using convertible bonds. The company has been selling future equity at a 55% premium to increase its holdings in Bitcoin, which is an attractive proposition from a financial perspective. By selling equity at a price higher than its current stock value, MicroStrategy is able to generate a large amount of capital to purchase Bitcoin. Pompliano stressed that this approach is mathematically sound, but he warned investors to pay attention to often overlooked risks, as there are many unknown factors that may affect the results of the Bitcoin strategy. In a recent report, IntoTheBlock highlighted four major risks that MicroStrategys aggressive Bitcoin acquisition strategy poses to the cryptocurrency market. Although the probability of these risks is low, Pompliano stressed that investors must consider the most extreme scenarios. (CoinGape)

Odaily News Vitalik Buterin commented on Warpcast regarding the unreasonable content of the US Government Efficiency Department (DOGE) on small government expenditures: I dont agree with the way the Government Efficiency Department handles this. The examples listed only account for a small part of the total expenditure. If the government optimizes to avoid spending items that look bad on X, it will miss many valuable opportunities, while large-scale projects that actually waste more will continue to exist because they look decent. For small-scale public funds, you should adopt a venture capital (VC) approach, that is, accept a lot of possible mistakes, because the goal is to ensure that opportunities that can bring 1,000 times returns are seized. Prudent energy should be focused on large-scale affairs.

According to PANews on December 1, OKLink released its November 2024 security monthly report, and the total losses caused by security incidents on the entire network chain were about 203 million US dollars. The losses caused by phishing scams alone accounted for 64.80% of the total losses, with a total loss of about 131 million US dollars, but no major Rug Pull incidents occurred. The losses from REKT incidents accounted for 22.06%, with a total loss of about 45 million US dollars. On November 13, a user copied the wrong address from the tainted transfer history, resulting in a loss of $129 million. An hour later, the attacker returned all the assets. On November 15, the v1 liquidity pool contract of the Aptos ecosystem project Thala was attacked by a security vulnerability, resulting in a loss of $25.5 million. Thala then negotiated with the attacker to restore all user assets through a $300,000 bounty. OKLink reminds everyone that when performing on-chain operations, you must carefully check the receiving address. Some users have lost over 100 million yuan by copying the wrong address from a contaminated transaction record. Please be sure to carefully check the recipient address when performing on-chain operations. Do not get used to copying the address directly from transaction records or chat records. In addition, learn to use Web3 on-chain tools to avoid risks. OKLink provides tools such as on-chain address query, token authorization query, and large transfer monitoring to easily ensure on-chain security, grasp market trends at the first time, and get rid of on-chain anxiety.

Odaily News Bitget market shows that the decentralized AI data chain Masa token MASA briefly touched 0.136 USDT, and is now at 0.133 USDT, up more than 35% in 24 hours, and rebounded more than 338% from the historical low of 0.031 USDT on August 15. In addition, MASA reached a high of 0.456 USDT when it went online on April 13. It was previously reported that DCGs new subsidiary Yuma cooperated with Masa and others to launch the Bittensor subnet, supporting and promoting the development of Bittensor by providing the capital, infrastructure and technical resources required to promote the development of the project and the ecosystem.

Odaily News Operation Chokepoint 2.0s reach has expanded from the crypto industry to tech giants like Visa and Mastercard. In a post on X, Balaji Srinivasan, former CTO of Coinbase, shared a screenshot of a letter from U.S. lawmakers to Visa, Mastercard, and Stripe, urging them to withdraw from the Meta-backed Libra project. As previously reported, U.S. Treasury Secretary Janet Yellen was suspected of being involved in killing the Libra project, as revealed by David Marcus, former head of crypto at Meta. Balaji shared an excerpt from a letter from Senators Brian Schatz and Sherrod Brown to several fintech giants, threatening to review Visa and all payment service providers associated with the project. He said that a review of unrelated activities sends a signal to regulators to fabricate violations and impose fines until the target surrenders.

PANews reported on December 1 that Vitalik disagreed with the way the US Government Efficiency Department (DOGE) handled the content about small expenditures. He believed that the examples listed were only a small part of all expenditures. If the government optimizes to avoid mistakes that look bad on Twitter, many valuable opportunities will be missed, and those large-scale affairs that are actually more wasteful will continue to exist because they look good. A venture capital-like approach should be adopted for small-scale public funds, because the goal is to ensure that opportunities that can bring 1,000 times returns are seized. Cautious energy should be used on large-scale affairs.

Odaily News iClick Interactive Asia Group Limited, a NASDAQ-listed company, announced that it has entered into a definitive agreement and plan of merger with Overlord Merger Sub Ltd. (Merger Sub). Merger Sub is a Cayman Islands exempted company and a direct wholly-owned subsidiary of iClick and Amber DWM Holding Limited (Amber DWM). Amber DWM is the digital wealth management subsidiary of Amber Group, which serves institutional and high net worth clients under the brand name Amber Premium. Pursuant to the merger agreement, Merger Sub will merge with Amber DWM, Amber DWM will continue as the surviving entity and become a wholly-owned subsidiary of the Company, and the shareholders of Amber DWM will exchange all of the issued and outstanding capital stock of Amber DWM for newly issued Class A and Class B common stock of the Company, subject to the terms and conditions set forth in the merger agreement, and the transaction is not subject to the registration requirements under the Securities Act of 1933. (PRNewswire)

Odaily News According to Whale Alert monitoring, at 11:45:50 Beijing time, 500 million XRP were unlocked from an unknown wallet custody, with a value of over $945 million. Earlier today, at 8:08:11 Beijing time, 500 million XRP were unlocked from an unknown wallet custody in two transactions, with a value of over $970 million.

Odaily News Anonymous cryptocurrency trader venturefounder recently posted on X that ETH has formed a convincing pattern on the price chart, indicating that it may rise by up to 97% in the next four months. He pointed out: ETH is forming a 3-year cup and handle pattern; if the support level of $3,800 is confirmed, it will be completed now. venturefounder predicts that ETHs first target price will be $5,349, followed by $6,457, and the third target price will be $7,238, which will be reached at the end of the first quarter of 2025 at the latest. (Cointelegraph)

PANews December 1 news, Coinbase CEO Brian Armstrong said on the X platform that anti-money laundering (AML) regulations are a failed policy that costs about $213 billion a year, harms the interests of legitimate consumers (as seen in multiple de-banking events), and according to UN data, it can only prevent about 0.2% of illegal activities. This sounds like a job that the Department of Government Efficiency (DOGE) should handle.

Odaily News U.S. President-elect Trump is holding secret talks with JPMorgan Chase CEO Jamie Dimon, sparking speculation that JPMorgan could use its power to influence U.S. policy. Reports suggest that for months, Trump has sought Dimons insights to help guide his second-term agenda. According to Fox Business, Dimon has provided informal advice on issues such as tax reform, trade policy, and federal spending. Sources close to Trump have called Dimon a touchstone for various policy concepts. Despite these claims, neither Trumps representatives nor JPMorgan Chase have spoken publicly about the matter. Previously, Dimon was rumored to be a candidate for Secretary of the Treasury. However, Trump recently announced the nomination of Key Square Group founder Scott Bessent as Secretary of the Treasury, meaning that Dimon has no official position in the new administration. Ripple CEO Brad Garlinghouse believes Bessent is the perfect fit and stressed that he will be the most pro-innovation, most pro-cryptocurrency Treasury Secretary. (Bitcoin.com)

Odaily星球日报讯 Coinbase 首席执行官 Brian Armstrong 于 X 发文表示，反洗钱（AML）法规是一项失败的政策，相关机构每年花费约 2130 亿美元，损害合法消费者的利益（正如我们在多个去银行化事件中看到的那样），并且根据联合国的数据，这只能阻止约 0.2%的非法活动。这听起来像是政府效率部（DOGE）应该处理的工作。

PANews reported on December 1 that according to Cointelegraph, Cryptorank data showed that Grayscale Trust Investment's investment portfolio has increased its market value by more than 85% in the past month. The growth of the investment portfolio is mainly due to XLM, which has risen by more than 469% in the month, while XRP has risen by more than 262% in the past month.

Odaily News Farcaster co-founder Dan Romero said in an article on X that the list of prohibited businesses/customer types for most fintech/cryptocurrency companies is determined by upstream banking partners through their regulators. This is a shadow policy, not a statutory policy.