LiquidityWitch

【ChainNews】Another major incident—A well-known wallet's browser extension was compromised with malicious code in the Chrome Web Store. Version 2.68 bypassed internal review and was directly published, resulting in transactions being executed and wallet data being stolen without users' knowledge.
The numbers are clear: 2,520 wallets affected, with total losses reaching up to $8.5 million.
Even more concerning is that this is not an isolated incident. Investigations point to the November Sha1-Hulud industry-level supply chain attack—seems hackers are targeting the entire ecosystem.
The good news is that the wallet team responded quickly, rolling back the extension to the safe version 2.69, and has also initiated compensation procedures for affected users.
This incident serves as a wake-up call for the entire industry: supply chain security is increasingly becoming a breach point for hackers. Not just browser extensions—any link in the code repository to app store chain can be compromised.

【区块律动】美股上市的比特币加密财库公司Mogo有大动作了——官宣更名为Orion Digital。
这次改名不只是换个名字那么简单，公司计划在2026年1月2日正式启用新股票代码ORIO开始交易。看起来是要用新身份拥抱加密资产时代的态度。
值得关注的是，Orion Digital当前的比特币持仓规模相当可观，账面价值约2400万美元。这说明这家公司对长期持有比特币的战略还是挺坚定的。从更名这一举动来看，上市公司对加密资产配置的态度在逐步转变，也许这会成为传统金融向Web3靠拢的一个信号。

Ultiland Cultural Asset RWA Platform has locked in core liquidity positions until March 17, 2026, with a lock-up ratio of 100%. This move reduces market uncertainty, enhances platform credibility, and ensures transparent operations.

On December 30th, a whale held a long position of $249 million in altcoins on-chain, but the overall unrealized loss reached $28.24 million, mainly concentrated in high-leverage bets on ETH and XRP.

【BlockBeats】Recently, I came across an interesting market analysis. The research department of a large asset management institution released their outlook for cryptocurrencies in 2026, and their core judgment is worth pondering.
They pointed out that the two key factors driving the upward movement of cryptocurrencies are the demand for value storage and the clarification of regulatory frameworks. Currently, global government debt is piling up, and fiscal deficits have not improved, which directly causes investors to start doubting the purchasing power of fiat currencies. Against this backdrop, Bitcoin and other crypto assets, as alternatives outside the traditional financial system, are becoming increasingly attractive.
There has been a key development in regulation. Although the U.S. cryptocurrency market structure bill failed to advance in 2025, the momentum from both parties has now returned. These policymakers have stated that establishing clearer federal rules for digital assets is an urgent task. Industry insiders expect that there is a high probability that this bill will gain bipartisan support in early 2026.

【Blockchain Rhythm】The days of the GameFi track in 2025 are indeed tough. This year, funding rounds have plummeted by over 55% year-on-year, and many highly anticipated projects have performed poorly after launch, with overall market enthusiasm noticeably waning. However, from a different perspective, things are not that simple.
The most interesting phenomenon is that Web2.5 games are quietly emerging. These games treat blockchain purely as infrastructure, often skipping the token aspect altogether, and instead focus heavily on real revenue and user experience. Teams like Fumb Games, Mythical Games, as well as studios like Wemade / Wemix, are still steadily generating substantial income. They each have their own strategies—some use blockchain to improve profit margins, some to enhance user stickiness, and others to explore new monetization channels. These are all tangible business values.
Looking further at native Web3

【BiTu】The Federal Reserve's recent rate cut actions are indeed taking effect. The ICE BofA MOVE index, which measures bond market volatility, has fallen to the level of 59, hitting a new low since October 2024. Even more astonishing, this index has declined from 99 at the end of the year, and is on track to record the largest annual decline since data began in 1988—second only to the sharp plunge during the 2009 financial crisis.
In other words, the tension in the bond market is noticeably easing. As the risk of recession is effectively alleviated, investors' expected volatility in the bond market has significantly decreased, and the overall market rhythm has also calmed considerably. This stability may not necessarily be bad news for risk assets.

The capital flow of US spot ETFs shows a large-scale net outflow from Bitcoin and Ethereum ETFs, while Solana ETF has an opposite net inflow, reflecting the market's continued interest in Solana and position adjustments for Bitcoin and Ethereum.

Telcoin Digital Asset Bank officially launches blockchain banking services in Nebraska, USA, and introduces the eUSD stablecoin, with plans to offer comprehensive on-chain financial services by early 2026. This marks the integration of traditional finance with blockchain, pushing blockchain banking gradually towards reality.

In recent years, the popularity of NFTs has declined, with major trading activities concentrated on leading platforms. Traders are shifting towards meme coins with low fees and quick settlements, especially projects on Solana. Short-term speculation is prevalent, and investors are more inclined to pursue a fast and flexible market, while the patience to hold NFTs is gradually being abandoned.

【Crypto World】The cryptocurrency market is undergoing a major transformation. Projects that were once sustained by stories and hype now have to prove their true capabilities.
Tokens like XRP and ADA, although they have a large fan base, face a question — how active are they on the chain? The data is clear: XRP has only about 16,700 active addresses, and Cardano has over 19,000. Compared to true top players like Solana, the gap is obvious.
What does this mean? Simply put, community enthusiasm and on-chain usage are severely disconnected. Having more supporters is meaningless if no one is actually using the chain, and there are no real transactions and activities to support it — it’s just an empty shell.
The logic behind future token valuation is changing. It’s no longer about who’s marketing is better or who has a more compelling story, but about hard metrics: revenue, usage, and ecosystem activity. Just like evaluating a traditional company.

【币界】预测市场这块最近动静挺大的。Polymarket 和 Kalshi 这两个平台在 2025 年表现抢眼，年度交易量合起来接近 400 亿美元。能达到这个量级，说明用户对这类产品的需求确实在增长。更有意思的是，两家平台的估值都已经冲到了数十亿美元级别，这在预测市场赛道还挺罕见的。从市场热度看，预测市场从小众走向主流的趋势越来越明显了。