[President Trump's Economic Policy Impact on Next Year's Election in Doubt]
President Trump has been vigorously promoting efforts to secure hundreds of billions of dollars in investment for the United States, believing that the funds will transform the American economy. However, he admitted that it is impossible to predict whether this will translate into a political advantage for the Republican Party in next fall's election. Regarding whether the Republicans might lose the House of Representatives in November, Trump stated he could not be certain, as he does not know when the funds will take effect. He also mentioned predictions suggesting the impact might become evident in the second quarter. Additionally, Trump said he would lower prices and blamed inflation on the Democrats.
[Jeff Huang Increases 25x ETH Long Position to $12.2 Million, Entry Price $3,190.92]
'Big Brother Machi' Jeff Huang increased his 25x Ethereum long position to $12.2 million within the past hour, with an entry price of $3,190.92, a liquidation price of $3,056.19, and an unrealized loss of $274,000.
[Prysm Releases Mainnet Incident Report: Resource Exhaustion Causes Validators to Lose Approximately 382 ETH]
The Prysm team released a report stating that on December 4, the Ethereum mainnet Prysm nodes experienced resource exhaustion due to processing specific attestations, resulting in the loss of 248 blocks across 42 epochs, with a missing rate of approximately 18.5%. Network participation temporarily dropped to 75%, and validators lost approximately 382 ETH. The root cause was Prysm repeatedly replaying old states to verify attestations from unsynchronized nodes. The issue gradually eased after December 4 at 12:45 (UTC+8), and the fixes have been included in versions v7.0.1 and v7.1.0.
**[NYDIG: Limited Initial Returns from Stock Tokenization, Long-Term Value to Gradually Unfold]**
Greg Cipolaro, NYDIG's Global Head of Research, stated that the initial tokenization of real-world assets like stocks offers limited direct returns to the crypto market and blockchain networks. Short-term benefits mainly stem from transaction fees and the network effects brought by custody services, while long-term value will be unlocked as accessibility improves. Currently, compliance structures such as KYC restrict the composability of tokenized assets, but as tokenized assets integrate into DeFi scenarios and regulatory frameworks become more open, the ability to capture on-chain value will strengthen.
Suspected BitMine Wallet Withdraws 23637 ETH from Kraken, Approximately $73.4 Million
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Onchain Lens monitoring shows that a newly created wallet has withdrawn 23637 ETH from Kraken, worth approximately $73.4 million. The wallet address is suspected to belong to BitMine. (Onchain Lens)