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Bit[.]com, the trading platform under Justin Sun's control: will orderly downsize its existing business and simultaneously initiate the "User Asset Migration Plan."

2 hours ago

On December 27, cryptocurrency exchange Bit[.]com announced it will proactively streamline its existing operations while launching its "User Asset Migration Plan." Bit[.]com will provide clear, comprehensive guidance to users via official announcements, emails, in-app notifications and other channels to help them complete asset processing and migration smoothly within a set timeframe. Specific timing, procedures and precautions will be outlined in subsequent announcements and instructions. Public records indicate Bit[.]com launched in 2020 as a subsidiary of Matrixport, a Singapore-based cryptocurrency financial services platform. Matrixport was founded by Wu Jihan in 2019 after he departed Bitmain (where he remains chairman), with Matrixport serving as Bit[.]com’s parent company.
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「Pal」 slightly increased their net long positions in Ethereum and HYPE in the past 24 hours

On December 27, Hyperinsight monitoring data indicates that "Buddy" has slightly expanded its long positions in Ethereum (ETH) and HYPE over the past 24 hours. As of press time, the total value of its long positions is $24.268 million: - Ethereum: 25x long position, holding 8,200 coins with a liquidation price of $2,874; - HYPE: 10x long position, holding 8,888.88 coins.

13 minutes ago

Network Hash Rate Remains High While Coin Price is Weak, Bitmain Significantly Reduces Bitcoin Miner Prices

December 27th — Per TheMinerMag, Bitmain has recently slashed prices on Bitcoin miners, with multiple S19 and S21 series models entering fire sale territory. Internal pricing details: - S19e XP Hydro & 3U S19 XP Hydro: as low as $3 per TH/s - S19 XP+ Hydro: ~$4 per TH/s - S21 immersion cooling miner: ~$7 per TH/s - S21+ Hydro: ~$8 per TH/s Previously, Bitmain offered a bundled deal for the S19 XP+ Hydro with an effective price of ~$4/TH/s. In November, the company launched an auction-style sale for the S19k Pro starting at $5.5/TH/s. Industry analysts note that as the Bitcoin network hash rate hovers near all-time highs and Bitcoin has seen a minor price pullback, hash rate per TH/s has stayed near multi-year lows—ramping up pressure on the mining sector. This dynamic has squeezed miners’ profit margins, cut demand for new gear (especially less efficient models), and escalated competition between ASIC miner makers and secondhand market sellers.

13 minutes ago

Solana Co-Founder 2026 Prediction: Total Stablecoin Supply to Surpass $1 Trillion

On December 27th, Solana co-founder Anatoly Yakovenko shared his 2026 predictions on X, including: 1. Total stablecoin supply will exceed $1 trillion; 2. Quantum Computing (QC) and Controlled Nuclear Fusion will remain as challenging to implement as they are today; 3. AI will solve a millennium-old problem; 4. 100,000 humanoid robots will be shipped; 5. Starship will complete two successful commercial flights.

13 minutes ago

Binance Wallet: The participation threshold for the COLLECT TGE event is 240 points

**News Flash** Per an official announcement on December 27, the participation threshold for the 43rd TGE project COLLECT on Binance Wallet is 240 points. Earlier updates confirm the COLLECT TGE event will run from 8:00 to 10:00 UTC on December 27, 2025.

13 minutes ago

Lighter Private Sale AMA Summary: Community allocation will account for 50% of the token supply, and there will be a token buyback mechanism

On December 27, @Pilla_eth—Lighter’s Head of Marketing—shared key details about the project’s Token Generation Event (TGE) during an AMA focused on “Lighter TGE.” Highlights included: 1. The TGE and airdrop are set for 2025. The airdrop will account for 25% of the total token supply, with no lock-up restrictions—and recipients won’t need to claim it. Tokens will be directly deposited into Lighter wallet holders’ accounts. 2. 50% of the total token supply is earmarked for the community, with full tokenomics details rolling out gradually. A token buyback is planned, though the exact amount hasn’t been finalized. “This will drive value back to the token,” @Pilla_eth noted. 3. Initially, LIT tokens will only be tradeable on the Lighter platform. Coinbase and Bybit have added LIT to their listing roadmaps, and Lighter will not pay for these listings. 4. Lighter has no official NFTs, though the team recognizes community-made NFTs like Fuego. Rumors of a meme coin airdrop are untr

13 minutes ago

Lighter Teases Season 3 Point Event, Season 2 Points Fully Distributed

On December 27th, the Lighter team announced in its Discord community that Season 2 point distribution has been completed, and identified cheating behaviors have been removed. Additionally, there is currently no airdrop event, nor a "claim" process — users should not engage with any such links. Furthermore, the team changed the final wording from "see" to "S3e," leading the community to speculate that the project’s TGE will also feature a Season 3 points event.

13 minutes ago