tl;dr
• BRICS Clarifies No Intention to Replace US Dollar: Russia, India, and South Africa deny de-dollarization intentions amid rumors of a BRICS common currency, emphasizing their reliance on the US as a trading partner.• Massive Data Breach Exposes SRP Federal Credit Union Customers: Hackers compromise...
• BRICS Clarifies No Intention to Replace US Dollar: Russia, India, and South Africa deny de-dollarization intentions amid rumors of a BRICS common currency, emphasizing their reliance on the US as a trading partner.
• Massive Data Breach Exposes SRP Federal Credit Union Customers: Hackers compromised 240,000 customer accounts at SRP Federal Credit Union, with ransomware group Nitrogen claiming responsibility for exposing sensitive data.
• Contra Costa County Launches $1,000 Monthly Income Pilot: California’s Contra Costa County unveils a guaranteed income pilot program targeting vulnerable populations, funded by local sales tax and criminal justice reform revenues.
• Solana Faces Decline in Value and Activity: Solana's Total Value Locked (TVL) dropped by $1.1 billion in December, accompanied by decreased user activity and network revenue, alongside a 24% decline in SOL’s value.
• UAE's Rumored Bitcoin Stash and El Salvador's Confirmed Investments: Speculation arises over a $40 billion Bitcoin reserve in the UAE, while El Salvador confirms plans to expand its Bitcoin holdings despite IMF concerns.
• Bitcoin Dominance Challenges Altcoin Season: Glassnode predicts the end of altcoin season as Bitcoin dominance reaches 59%, with long-term holders selling while new investors accumulate.
• Coinbase Predicts Five Key Crypto Trends for 2025: Expected trends include stablecoin growth, real-world asset tokenization, institutional ETF interest, DeFi resurgence, and a potential pro-crypto US regulatory shift.
• North Korean Hackers Exploit Hyperliquid, Raising Security Concerns: A $700,000 attack on Hyperliquid by North Korean hackers highlights vulnerabilities in the platform's token distribution and security measures.
• Gate Group Expands into Japan’s Crypto Market: Gate Group acquires Coin Master Co., Ltd., reinforcing its compliance and services in Japan while adapting to local regulations.
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