Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

December 14: The Prysm team published a post-incident review report detailing that on December 4—during Ethereum mainnet’s Fusaka period—nearly all Prysm validator nodes experienced resource exhaustion while processing specific attestations. This led to delayed responses to validator requests and a large number of missed blocks and attestations. The incident impacted 42 epochs (spanning epoch 411439 to 411480), with 248 missed blocks out of 1344 total slots—an approximate 18.5% miss rate. Network participation briefly dropped to 75%, and validators lost roughly 382 ETH in attestation rewards. The root cause was Prysm receiving attestations from potentially out-of-sync mainnet nodes that referenced the block root of the prior epoch. To verify these attestations’ legitimacy, Prysm repeatedly replayed historical epoch states and executed resource-intensive epoch transitions, which caused resource exhaustion under high concurrency. The Prysm team deployed a temporary fix by enabli

On December 14, per monitoring from crypto analytics outlet HyperInsight (Telegram: @HyperInsight), well-known whale "Big Brother Whale" Huang Licheng opened a 25x leveraged Ethereum long position valued at $12.2 million. The position’s details: - Opening price: $3,190.92 - Liquidation price: $3,056.19 - Unrealized loss to date: $274,000 This structure aligns with U.S. news brief conventions—concise, data-focused, and clear separation of key position metrics for readability.

On December 14, this week, venture capital firms injected $176 million into the crypto sector. Crypto startups have raised over $25 billion so far this year—far outpacing analysts’ expectations. Key investors in this week’s funding rounds include Pantera Capital, Coinbase Ventures, and DCG. Even as the total crypto market cap has shed $1 trillion from its October peak, several institutions are ramping up investments. Below are the top-funded crypto firms in the second week of December: Cross-chain economic connectivity platform LI.FI closed a $29 million funding round led by Multicoin and CoinFund. The firm plans to expand into new trading verticals—including perpetual futures, yield opportunities, prediction markets, and lending markets—and use the fresh capital to hire additional staff. Real World Asset (RWA) tokenization network Real Finance secured $29 million in a private placement. The funds will build infrastructure for RWAs; the round includes a $25 million capital commit

December 14: Hong Kong Legislative Council Member Wu Chi-chung said in a social media post that he will continue to advance Hong Kong’s Web3 development, sharing his views on the future of stablecoins and Real World Assets (RWAs) as follows: He noted that stablecoin development in Hong Kong will see no major changes and will progress steadily. The Stablecoin Bill was passed by the 7th Legislative Council session after extensive deliberation and discussion. Overall development will align with the international and Hong Kong financial environment, moving forward steadily—starting with a pilot in the local market, targeting international market expansion, and leveraging Hong Kong’s status as a financial and tech innovation hub. RWAs are a widely discussed topic in both traditional and Web3 industries. Hong Kong has already launched regulatory sandboxes, and it is believed the sandboxes will explore the importance of compliant development and future regulatory directions. Different i

**December 14: Kevin Warsh’s Odds to Be Next Fed Chair Surge on Prediction Markets** Odds that former Federal Reserve Governor Kevin Warsh will be nominated as the next Fed Chair by President Trump have jumped sharply across two major prediction platforms: - On Polymarket: Warsh’s odds rose from 7% to 38%, while White House Council of Economic Advisers (CEA) Chair Kevin Hassett’s odds fell from a high of 85% to 52%. - On Kalshi: Warsh’s odds climbed from 10% to 41%, and Hassett’s odds dropped from a peak of 81% to 51%. When asked Friday afternoon if Warsh was the top candidate, Trump said: “Yes, I think he is. I think both Kevins are great.” He added, “There are several other excellent candidates too.” JPMorgan Chase CEO Jamie Dimon previously endorsed Warsh, calling him a “great Chair.”

On December 14, the Base Layer sports prediction app Football.Fun announced its public sale will launch on Legion on December 16, with users required to participate using $1 on the Ethereum mainnet.