Compiled by Luan Peng, ChainCatcher
Key Developments
- 21Shares XRP Trust officially registered in Delaware, USA, as a statutory trust under CSC Delaware Trust Company.
- U.S. authorities seized 32.68 BTC from BEC scammers, with victims likely receiving full reimbursement due to Bitcoin's price surge.
- FTX announces its Chapter 11 restructuring plan will take effect on January 3, 2025, with initial distributions starting within 60 days.
- Pudgy Penguins CEO confirms PENGU token claim opens December 18, 21:00 UTC, lasting 88 days.
- Grayscale expands its crypto product suite to cover 30 digital assets, including AAVE, SOL, and XRP.
- Nigeria’s EFCC raids a crypto scam hub, arresting 792 suspects, including 148 Chinese nationals.
- Trump administration considers using the $200B Exchange Stabilization Fund to establish a Bitcoin reserve.
- Binance to launch PENGU USDT-margined perpetual contracts with up to 75x leverage.
Detailed Updates
1. 21Shares XRP Trust Registration
The 21Shares XRP Trust was incorporated in Delaware on June 3, 2024. The trust’s registration highlights growing institutional interest in XRP-backed financial products.
2. U.S. Bitcoin Seizure from BEC Scammers
The U.S. Secret Service confiscated 32.68 BTC linked to Business Email Compromise (BEC) scams. With BTC’s price tripling since seizure, victims may recover 100% of losses.
👉 Learn more about crypto scams
3. FTX Restructuring Timeline
- Effective date: January 3, 2025.
- Eligibility: Users must complete KYC and submit tax forms by the生效日期.
- Distribution partners: BitGo and Kraken will handle asset transfers.
4. Pudgy Penguins’ PENGU Token
- Claim window: 88 days (unclaimed tokens burned afterward).
- Requirements: Solana wallets need 10 USD worth of SOL for gas.
- Cross-chain support: Abstract Chain and LayerZero will facilitate distributions.
5. Nigeria’s Crypto Crackdown
Nigeria’s EFCC arrested 792 suspects in a raid targeting a fraud syndicate offering salaries 10x the local minimum wage.
FAQs
Q: How can FTX creditors prepare for distributions?
A: Complete KYC, submit tax forms, and open accounts with BitGo/Kraken before January 3, 2025.
Q: What’s unique about Grayscale’s updated portfolio?
A: It now spans 30 assets, including RWA-focused tokens like ONDO and MKR.
Q: Why is Trump’s Bitcoin reserve plan significant?
A: It could position the U.S. as a leader in national Bitcoin holdings, mirroring trends in Brazil and Japan.
👉 Explore crypto institutional adoption
Market Trends
- Ethereum Meme coins: PEPU, BERRY lead 24h trading volume.
- Solana’s top performers: SHIKOKU, SSOL.
- Base Chain: NINJA and VIRTUAL dominate activity.
Disclaimer: Crypto investments carry risks. Conduct independent research before trading.