Author: Deep Tide TechFlow
Yesterday's Market Dynamics
US Initial Jobless Claims for the Week Ending Dec 20: 214K, Expected 224K
US Initial Jobless Claims for the week ending December 20 were 214,000, compared to an expectation of 224,000 and a previous reading of 224,000.
BlackRock: Fed's 2026 Rate Cuts May Be Limited
BlackRock strategists Amanda Lynam and Dominique Bly noted in a report that the Federal Reserve is expected to implement only limited rate cuts in 2026. With a total of 175 basis points of cuts already in this cycle, the Fed is approaching a neutral interest rate level. Unless there is a sharp deterioration in the labor market, there is very limited room for further cuts in 2026. According to LSEG data, the market currently expects two rate cuts from the Fed in 2026.
CNBC: Kraken Plans to Launch Prediction Market Service in 2026
According to CNBC, cryptocurrency exchange Kraken plans to launch a prediction market service in 2026. Kraken's Global Head of Consumer Business, Mark Greenberg, revealed this plan during an appearance on CNBC Crypto World.
Brevis Unveils Tokenomics Model: Total Supply 1 Billion, 32.20% for Community Incentives
According to an official announcement, ZK verifiable computing platform Brevis has released details of its ecosystem's native token, $BREV.
The total supply of $BREV is 1 billion tokens, with 37% allocated to ecosystem development, 32.20% for community incentives, 20% to the team, and 10.80% to investors.
The ecosystem development and community incentive portions will be linearly released over 24 months after initial unlock, with 14.50% and 10.50% of the tokens circulating at TGE, respectively. The team and investor allocations are fully locked for the first year with no initial unlock, followed by a linear release over 24 months.
Previously, Brevis Network raised $7.5 million in a seed round led by Polychain Capital and Binance Labs.
Sonic Adjusts Token Airdrop Model, Remaining 92.2 Million Tokens in Treasury for Future Incentives
According to the official Sonic Labs blog, Sonic is transitioning from its early distribution phase to a value creation phase, adjusting its token incentive strategy. Since minting 190.5 million S tokens in June 2025, approximately 89.5 million were distributed in Q1, about 6 million in Q2, and around 2.8 million in the Kaito event. The treasury currently holds approximately 92.2 million S tokens, which will be used for incentive programs in 2026 and 2027.
Sonic stated that while the "airdrop model" in the crypto industry over the past few years has driven short-term data growth, it is also a double-edged sword. The Q1 airdrop successfully brought Sonic over $1 billion in Total Value Locked (TVL), but large-scale incentives also attracted short-term participants and created selling pressure. Sonic will no longer conduct additional airdrop mints. The remaining tokens will be used for airdrops, incentives, or burns, while the tokenomics model will be re-evaluated to ensure network activity creates value for long-term participants.
Curve DAO Rejects $6.2 Million Funding Proposal for Swiss Stake
According to The Defiant, Curve DAO has rejected a governance proposal to grant 17.4 million CRV tokens (approximately $6.2 million) to Swiss Stake AG, the core development company for decentralized exchange Curve Finance.
The proposal, submitted by Curve Finance founder Michael Egorov, aimed to provide funding to the Swiss Stake team, which he manages, for software development, infrastructure, security work, and ecosystem support. Voting results showed 54.46% of participants opposed the proposal, while 45.54% supported it.
Voting data indicated that addresses associated with Yearn Finance and Convex Finance accounted for nearly 90% of the opposing votes. Community members commented on the forum that the proposal raised centralization concerns, questioning whether Curve's governance is overly reliant on a small group. Some members also suggested that Swiss Stake should better explain the use of past allocations before new funding is approved.
Hyper Foundation: HYPE Tokens in Aid Fund Officially Recognized as Burned
Hyper Foundation announced on social media that the HYPE tokens in the aid fund address have been officially recognized as burned. This governance vote used a staking-weight-based counting method, resulting in 85% of staked tokens supporting the burn, 7% opposed, and 8% abstained.
Polymarket Confirms User Accounts Hacked Due to Third-Party Authentication Vulnerability
According to The Block, crypto prediction market platform Polymarket confirmed on December 24 that multiple user accounts were hacked due to a security vulnerability in a third-party authentication provider. Affected users reported on social media that their funds were drained even with two-factor authentication enabled. The issue appeared to be related to the email login service provided by Magic Labs, a common registration method for many first-time crypto users.
Polymarket stated that this security issue has been resolved and there is no ongoing risk, but did not disclose the number of affected users or the amount of losses.
Aave Founder's $10 Million Token Purchase Accused of Potential Governance Vote Manipulation
According to Cointelegraph, Aave founder Stani Kulechov recently sparked community controversy by purchasing $10 million worth of AAVE tokens. Critics pointed out that this move may be intended to increase his influence in key governance proposal votes. The current controversy centers on a proposal to reclaim control of the protocol's brand assets, which is accused of being rushed to a vote without sufficient discussion. Data shows that the top three voters in Aave DAO control over 58% of the voting power, raising questions about the fairness of the governance mechanism.
Yi Lihua: Trend Research to Prepare Another $1 Billion to Continue Accumulating ETH
LD Capital founder Yi Lihua stated on social media, "I announce that Trend Research is preparing another $1 billion to continue buying and accumulating ETH on this basis. We practice what we preach and strongly advise against shorting. Without a doubt, this is a historic opportunity."
Previously, it was reported that Yi Lihua's Trend Research acquired 46,000 ETH today, approximately $137 million.
Metaplanet Board Approves Expanded Bitcoin Purchase Plan
According to Dlnews, Japanese company Metaplanet's board has approved several equity proposals aimed at raising funds to achieve the goal of holding 210,000 Bitcoin by the end of 2027. Based on the current Bitcoin price (approximately $87,250 per coin), these Bitcoins would be worth over $18 billion. The company will issue Class A and Class B shares with floating interest rates and quarterly dividends, while also opening investment channels to overseas institutional investors.
Market Trends
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