YO Labs, the developer behind YO Protocol, raised $10 million in a Series A round led by Foundation Capital, with participation from Coinbase Ventures. The protocol focuses on cross-chain yield optimization via automatic rebalancing, with funds set to expand to more blockchains and strengthen infrastructure. https://t.co/IqBv8YzDid ...

Asia’s weekly TOP10 crypto news (Dec 8 to Dec 14): ADNOC rolls out stablecoin payments across nearly 1,000 fuel stations; Hong Kong advances CARF crypto tax data exchange; Pakistan explores $2B asset tokenization with Binance; Japan plans to move crypto regulation into securities law; Terra founder Do Kwon sentenced to 15 years, and more. https://t.co/C1w5TodAFz ...

South Korea’s Financial Services Commission (FSC) failed to submit a won-stablecoin regulatory bill by the Dec. 10 government deadline, citing the need for further inter-agency coordination. The delay reflects ongoing disagreements with the Bank of Koreawhich seeks veto power over stablecoin issuance and limits on big tech participation—leaving the regulatory outlook uncertain. https://t.co/I1wNKKbrNz ...

Crypto Crime - Spanish police dismantled a kidnapping ring targeting crypto assets [1] - The ring violently abducted victims to extort digital assets [1] - One case resulted in a death [1] - Authorities arrested multiple suspects [1] - Evidence seized includes crypto wallets, communication devices, and ransom payments [1]

Bitwise Alpha head Jeff Park said BTC’s upside is capped by OG holders continuously selling options, suppressing price action and implied volatility. While ETFs are buying spot and calls, demand remains insufficient to offset native options sell pressure, keeping BTC stuck in a high-supply, low-volatility trading range. https://t.co/2DeIqIqxGk ...

Vitalik Buterin: If TRON Beats Ethereum，Humanity is DoomedOn March 20, 2019, during an interview on the Unchained Podcast, Ethereum co-founder Vitalik Buterin was asked if he would be upset if another public chain took the lead. Vitalik replied that it depended on which chain, admitting that he would respect it if a technically competent rival won, but if a project like TRON were to take the top spot, he would "lose a certain amount of hope" for humanity, drawing laughter from the entire audience.Source: ht ...

Industry Perspective on Bitcoin - The industry views Bitcoin as an energy currency, a new storage vehicle for surplus energy [1] - The industry sees Bitcoin utilizing technology for energy storage and transfer [1] Key Figures' Stance - Elon Musk characterizes Bitcoin as an energy currency, emphasizing energy as the true currency [1] - Jensen Huang describes Bitcoin as a means to store and transport surplus energy [1]

Technological Innovations - Espresso Systems focuses on solving the fragmentation problem in Web3 blockchain ecosystems [1] - The project aims to offer high-speed finality and support Layer 2 technologies to facilitate efficient communication between different blockchains [1] - Espresso leverages improvements in consensus mechanisms and innovative technologies like erasure coding and zero-knowledge proofs [1] - These technologies are used to reduce cross-chain latency and improve interchain interaction [1] Market Positioning & Appeal - Espresso appeals to top developers and investors [1] - The project has a future market positioning and tokenomics model [1]

According to TSN ua, 21-year-old Ukrainian national Danylo Kuzmin was killed in Vienna, with police suspecting a crypto-related motive after a large amount was transferred from his wallet. Kuzmin, the son of Kharkiv deputy mayor Serhii Kuzmin, was allegedly beaten and forced to reveal wallet passwords before his car was set on fire. Two Ukrainian suspects have been detained: 19-year-old Bohdan Reinzhuk, Kuzmin’s university peer and the stepson of Ukraine’s ambassador to Bulgaria, and 45-year-old Oleksandr A ...

Ethereum consensus client Prysm released a post-mortem on the Dec. 4 Fusaka mainnet incident, attributing the outage to resource exhaustion caused by costly state recomputation when processing certain attestations. The issue led to 41 missed epochs, network participation dropping to 75%, and validator reward losses of about 382 ETH. A temporary fix was applied via a runtime flag, followed by permanent changes to attestation validation logic in versions v7.0.1 and v7.1.0.https://t.co/JQVP8cENHm ...