ai16z Founder: The aiPool project has been launched and its founders are still trying to retrieve the X account
Shaw, founder of ai16z, posted on the X platform: "Regarding the latest news of aiPool(@aipool_tee) and 123skely(@123skely), ① The aiPool project has been launched; ② Skely, the founder of aiPool, is still trying to find the account. Any Skely account that is not @123skely is a fraud account, beware of losing funds. The project is not pre-sold."
Glassnode: Solana has maintained positive net capital inflows since the beginning of September 2023
According to Glassnode, "Solana has maintained positive net capital inflows since the beginning of September 2023, with only small outflows during this period. This continued influx of liquidity helped spur Solana's growth and price increases, reaching a significant peak of $776 million in new inflows per day."
Venture capital firm Founders Fund is raising about $3 billion for its third growth equity fund
Founders Fund, the venture capital firm co-founded by Peter Thiel, is raising about $3 billion for its third growth equity fund, Axios has learned from multiple sources. Founders Fund hasn't provided potential investors with an official size target for the new fund, but said $3 billion would be the ballpark. Founders Fund has invested in some of the world's most valuable tech startups, including SpaceX and Stripe. Because of Thiel's longtime support of President-elect Trump and the company's multiple investments with Musk, it will also have access to the incoming White House. Founders Fund has also invested in a number of crypto projects, including Pudgy Penguins parent Igloo, Inc., bitcoin lending platform Lava, and Bitcoin rollup project Citrea. Founders Fund successfully raised $3.4 billion for its second growth equity fund in 2022, while raising $1.8 billion for its eighth early-stage fund. Early last year, however, sensing relatively few investment opportunities in the market, they decided to split the early-stage fund in two. But as of now, they have not started investing in what is now called the "ninth fund." In addition, although there has been discussion of splitting the growth fund, it has not been implemented. Now, most of the fund's money has been put to work, including investments in capital-intensive AI companies.
Weekly trading volume on Coinbase International hit a new high of $119 billion
Total trading volume on Coinbase International topped $119 billion last week, a record high. The weekly total was 124% higher than the previous week's total, while the daily average for the past week was 164% higher than the previous week's daily average. Coinbase International saw average daily trading volume of just $2.5 billion in November. As of December, the exchange's average daily trading volume was nearly $10 billion. The top five trading pairs on Coinbase International include perpetual futures for BTC, ETH, SOL, XRP and DOGE, which account for 99.8% of the exchange's total trading volume. BTC-PERP accounted for 57% of the total volume, followed by ETH-PERP at 34%.
PancakeSwap's total trading volume in 2024 reached $310 billion, an increase of nearly 179% year-on-year
According to Cointelegraph, decentralized exchange (DEX)PancakeSwap's total trading volume reached $310 billion in 2024, up nearly 179% year over year from $111 billion in 2023. PancakeSwap reports that largely thanks to L2 networks Arbitrum and Base, cryptocurrency trading volume on Arbitrum grew 3,656% year-over-year to reach $13.2 billion, while cryptocurrency trading volume on Base grew 3,539% year-over-year to reach $11.6 billion by 2024. In addition, PancakeSwap volume increased by 179% year-on-year, reflecting the positive market sentiment and increased activity in the DeFi and DEX segments.
The average daily trading volume of cryptocurrencies in South Korea in November equaled that of the stock market, and the total number of investors exceeded 15 million
According to Naver, data from the Bank of Korea shows that the number of cryptocurrency investors in South Korea reached 15.59 million at the end of November, an increase of 610,000 from October. This figure represents more than 30 percent of the country's total population and reflects increased market activity following U.S. President-elect Donald Trump's pledge to support the cryptocurrency industry. The rise in the price of bitcoin has also fueled the growth of this trend. As of the end of November, total cryptocurrency holdings by South Korean investors totaled 102.6 trillion won (about $70.8 billion), compared to 58 trillion won (about $40 billion) in October. The average daily trading volume in November reached 14.9 trillion won (about $10.288 billion), equal to the combined average daily trading volume of the KOSPI market and the Korea Growth Enterprise Index (KOSDAQ) market in the same month.
Telegram Premium has surpassed 12 million subscribers
According to the official Telegram Premium channel, Telegram Premium has more than 12 million subscribers. Officials thanked all subscribers for their support, saying it has helped Telegram continue to develop powerful features that change the way its nearly 1 billion users communicate. Users can subscribe to the Premium service through the platform or give subscriptions to friends and family.
HIVE Digital is spending $30 million to deploy H100 and H200 GPU clusters in Quebec
HIVE Digital Technologies has invested $30 million to procure and deploy NVIDIA H100 and H200 GPU clusters to support the rapidly growing demand for artificial intelligence. These high performance computing (HPC) clusters will be deployed in Quebec, Canada, and powered entirely by renewable energy. • H100 Cluster: With 248 Gpus, it will be online by the end of 2024 and is expected to generate approximately $15 million in annual revenue. H200 cluster: 508 Gpus, expected to be installed in the first quarter of 2025 and officially live in the second quarter of 2025, with annual revenue expected to exceed $20 million.