PANews reported on December 23 that Bithumb announced it will launch a THQ Korean Won (KRW) trading pair.

BlockBeats News, December 23rd: Ethereum Foundation member renaissancing released the Ethereum 2025 Year-End Summary: 2025 is seen as a watershed moment in Ethereum's development history. Ethereum has officially shed the label of an "experimental network" and become a global infrastructure relied upon by financial institutions, developers, and AI systems.At the protocol level, Ethereum completed two major hard forks within a year—Pectra in May and Fusaka in December. Pectra drove the full implementation of account abstraction, supporting gas fee sponsorship, transaction bundling, and passkey signatures; Fusaka significantly reduced costs through PeerDAS, achieving 8x scaling. Meanwhile, Ethereum raised the gas limit three times without a hard fork, demonstrating the network's ability for continuous self-optimization.Regulatory and institutional progress became key variables. The U.S. SEC released staking compliance guidelines, with its chair publicly stating that "Ethereum is not a security"; the U.S. passed the GENIUS Act, establishing the first federal-level stablecoin regulatory framework. The Tornado Cash sanctions were lifted, privacy contracts received judicial-level support, and privacy gradually shifted from a compliance risk to foundational capability building.Institutions fully deployed applications. JPMorgan launched the tokenized money market fund MONY on the Ethereum mainnet; BlackRock's BUIDL once approached a scale of $30 billion; Ethereum spot ETF assets under management reached $28.6 billion. Total stablecoin supply exceeded $300 billion, with annual trading volume around $46 trillion, and Ethereum captured 54% market share.In terms of the ecosystem, Layer 2 reached full maturity. Networks like Base, Arbitrum, and zkSync achieved sub-cent fee levels, with total L2 total value locked reaching $35.7 billion, and transaction volume already surpassing the mainnet. DeFi total value locked rose to $93.9 billion, a 71% year-over-year increase; Uniswap annual trading volume exceeded $1 trillion, and Aave's active lending scale reached $25 billion.The integration of AI and Ethereum began to materialize. ERC-8004 established standards for AI Agent identity and assets, Coinbase launched the x402 protocol to support machine-to-machine micropayments, and Ethereum is seen as the core settlement layer for the AI economy.At the ten-year milestone, Ethereum developer numbers continued to grow, with global offline events held in numerous locations. In 2025, Ethereum is no longer a "future vision" but a world-class infrastructure operating stably.

BlockBeats 消息，12 月 23 日，Bithumb 宣布将在韩元市场上线 Theoriq (THQ)。

{"translated_text": "{"1": "Author: Cookie\r\n \r\nEarlier this month, CZ and Peter Schiff had an interesting debate on \"Bitcoin VS Gold\" at the Binance Blockchain Week. After watching the video of the debate, I browsed related discussion tweets on X, and as I looked, I suddenly noticed a problem...\r\nOn YouTube, Binance's official account has 1.22 million subscribers, but the debate video only garnered 160,000 views and 5,358 likes:\r\n\r\nMeanwhile, randomly searching for related topic tweets on X, such as the one in the image below, this X account has only about 250,000 followers, but the view count reached 517,000, with over 4,100 likes:\r\n\r\nSuch a data gap is quite significant. So, is Twitter (X) creating \"fake traffic\"?\r\nIs the View Count Calculation \"Exaggerated\"?\r\nDifferent from what we might imagine, X's view count calculation is much more lenient—each tweet is counted as 1 view whenever it appears on a logged-in user's device screen. That means, even if the user doesn't notice a tweet at all, as long as X's algorithm recommends it to your timeline, and you scroll past it without even looking, it still counts as 1 view.\r\nThis \"scroll +1\" view counting applies not only to the recommended content timeline but also in scenarios like search results, viewing all historical tweets of a specific X account, etc.\r\nAdditionally, this counting is not \"unique,\" meaning for the same user, if the same tweet appears multiple times on the screen, the view counts will accumulate.\r\nSo, if you open the creator center of an X account, you'll notice the term used is not \"views\" but \"impressions.\" X's view count calculation is mainly used to measure the exposure of a post, not actual engagement (such as likes, retweets, or comments), even though the latter better reflects real interaction.\r\nSo, is this \"exaggerated\"? A bit, but it's hard to say.\r\nLet's compare it horizontally with other social media platforms. Threads' view count calculation is almost identical to X's, both focusing on reflecting post exposure rather than actual interaction.\r\nFor video-focused platforms like YouTube and TikTok, the threshold is instantly raised. For traditional long videos, YouTube requires over 30 seconds of watch time to count as a valid view. The scale of long-form video content is obviously much larger compared to short tweets, so requiring over 30 seconds of viewing is reasonable. For short videos on TikTok, it's similar to X again, especially on the auto-playing recommendation page—as long as the video appears on the user's device screen, the view count increases by 1, even if the user scrolls past without watching.\r\nThe purpose of \"exaggeration\" is to better reflect the \"exposure\" of content. So why is this done?\r\nActually, making tweet view counts publicly visible to everyone was an update brought after Musk acquired Twitter. Previously, only the poster could view the view count of a tweet. Musk personally tweeted explaining the reason for this update:\r\n\r\n\"Twitter is far more active than it appears, because 90% of Twitter users only read tweets but do not post, like, or comment.\"\r\nMusk also mentioned in the above tweet, \"For video, this is just normal practice.\" At that time, Twitter had just been acquired by Musk, followed by massive layoffs and the controversy over Twitter's \"Blue V paid subscription.\" Mockery like \"Twitter is dead\" was rampant then.\r\nIt's hard to say that Musk didn't have a \"counterattack\" mentality when choosing to open up view count data at that time. After all, even his own AI Grok said this:\r\n\r\nAnd this \"exaggeration\" might not just be our individual perception. According to a Yahoo news report, former Twitter employees stated that the reason for not opening view count data was that \"it's difficult to determine whether a tweet was actually read or just scrolled past by users.\"\r\nThus, how to define whether a tweet \"has been effectively read\" is inherently challenging. Musk certainly had a \"counterattack\" purpose, but he was also telling the truth. For tweets, simplifying this view count metric is necessary because many tweets (like memes, etc.) don't require deep user engagement but focus on the widest top of the funnel—attracting as many users as possible.\r\nPrioritizing exposure over deep interaction, high visibility over deep reachability, is what X and Musk prioritize.\r\nFinding \"Reality\" in \"Exaggeration\"\r\nOf course, if only high visibility is pursued, creators might fall into another extreme—prioritizing quantity over quality. If so, over time, Twitter would decline due to low-quality content.\r\nTherefore, view count is not the only core metric creators should pursue. Most creators work hard on content to pursue monetization. For creators, income is a measurable return that incentivizes high-quality content creation. View count is like a rest stop in a marathon—congratulations, you've run this far and are ahead of many people; keep going.\r\nTo have commercial monetization potential, building view count is the first step. But even with high view counts, if the content doesn't attract ads—like sensitive topics targeting specific groups or short-term trend-chasing—income can still be zero.\r\nOn Twitter, \"Creator Revenue Sharing\" is clearly the compass for finding \"reality\" in \"exaggeration.\" To measure an account's influence, creator revenue sharing is far more important than view count because to qualify for Twitter's creator revenue sharing, view count is just a threshold and one of the metrics helping creators produce viral content better.\r\nTwitter's Creator Revenue Sharing (Ads Revenue Sharing) was launched in July 2023. Former Twitter CEO Linda Yaccarino revealed in May 2024 that over $50 million in creator revenue sharing had been paid out.\r\nTo qualify for creator revenue sharing, one must first meet the thresholds—verified identity, Twitter Premium membership, 500 Premium member followers, and at least 5 million cumulative views over 3 months.\r\n<p style=\"text-align"}

ChainCatcher news, according to SoSoValue data, XRP spot ETF total net inflow reached $43.89 million. The XRP spot ETF with the highest single-day net inflow is Bitwise XRP ETF, with a single-day net inflow of $19.12 million and a historical cumulative net inflow of $248 million. Next is Franklin XRP ETF, with a single-day net inflow of $9.27 million and a total historical net inflow of $211 million. As of the time of writing, the total net asset value of XRP spot ETF is $1.25 billion, with an XRP net asset ratio of 0.98%, and the historical cumulative net inflow has reached $1.12 billion.

PANews, December 23rd - According to OKX market data, the top gainers of the day are: CRV at $0.381 (up 2.36%), ZK at $0.0282 (up 2.02%), KSM at $7.17 (up 1.11%), COMP at $24.38 (up 0.70%), and AVAX at $12.455 (up 0.66%). Conversely, the top losers are: NEAR at $1.498 (down 3.91%), CORE at $0.120 (down 3.69%), STRK at $0.0785 (down 3.68%), LPT at $2.995 (down 3.57%), and RENDER at $1.285 (down 3.38%).

PANews reported on December 23 that Ali Yahya, General Partner of a16z Crypto, pointed out in an article that privacy is a core function driving global finance onto the blockchain, yet it is ignored by most blockchains. He stated that transferring tokens across chains is easy, but migrating privacy across chains is extremely difficult. This will bring strong network effects to privacy chains, creating a winner-takes-all situation and ultimately dominating the crypto market.

BlockBeats News, December 23, according to Globenewswire, Nasdaq has issued a notice letter to Bitcoin treasury-listed company ZOOZ Strategy, warning that the company has failed to meet the requirement of maintaining a minimum bid price of $1.00 per share. If its common stock closing price does not regain compliance by meeting or exceeding $1.00 for at least 10 consecutive trading days before June 15, 2026, it may face delisting. It is reported that ZOOZ holds Bitcoin as a strategic asset, with a current position of 1,036 coins.

BlockBeats news, December 23, a16z crypto general partner Ali Yahya stated that privacy will become the most important moat in the crypto field. Privacy is a key element driving global finance onto the chain, yet it is a feature completely missing from the vast majority of blockchains today. For most chains, privacy remains an afterthought. Cross-chain token transfers are effortless, but cross-chain privacy is difficult. Since privacy is crucial for most real-world use cases, a few privacy chains will capture the majority of the cryptocurrency market.

ChainCatcher reports that, according to Dlnews, a South Korean man who used cryptocurrency to launder $68,000 for a voice phishing gang had his sentence increased by the court when he appealed for a reduction. The man originally received a sentence of two and a half years in prison but with a four-year probation from a district court. Dissatisfied with the verdict, he appealed to the Suwon High Court, only to have his probation revoked and be directly sentenced to four years in prison. The court deemed the defendant not merely a participant but a "key player" in the voice phishing gang, having claimed to be the "person in charge" and receiving daily operational reports from the gang. Gang members impersonated prosecutors, warning victims that their identities had been stolen and inducing them to transfer funds to "secure" accounts. The funds were then converted into cryptocurrency and sent to addresses abroad. The court noted that the defendant had a prior criminal record and failed to learn from it, making it "highly likely he would commit similar crimes again," thus warranting a severe punishment. Under South Korean law, the defendant can still appeal to the Supreme Court.