Bitcoin is up .5% at $39,033
Ethereum is up 1% at $2,742
and Binance Coin is up .5% at $382

NuCypher up 18%
Terra, up 15%

OpenSea hit with a $1M lawsuit by Timothy McKimmy

UK regulator raises flag on crypto mergers following the Bitpanda-Trustology deal.

Peckshield reports devs behind the meme coin web3memes has rugged 235k from users.

Laura Shin worked with Chainalysis to identify notorious The Dao hacker

Links:

• Exclusive: Austrian Programmer And Ex Crypto CEO Likely Stole $11 Billion Of Ether
• (3) PeckShieldAlert on Twitter: "#rugpulls PeckShield has detected $Web3Memes https://t.co/IOHWEjhmVC rugged. 0x5adbffa751abcdfc94d2a81f5657113d37a3494f has deposited 625 BNB to @TornadoCash. Stay AWAY from tokens that are deployed by funds withdrawn from @TornadoCash. https://t.co/bsWpHALz0b" / Twitter
• UK financial regulator issues warning shot on crypto mergers following Bitpanda deal
• 1-1 | PDF | Diversity Jurisdiction | Lawsuit

Bitcoin is up slightly at $38,118
Ethereum is up slightly at $2,848
and Binance Coin is up slightly at $379

Ontology, up 18%

Tezos to sponsor Manchester United kit.

Metaverse tokens slid on Facebook’s sharp stock drop

AssangeDAO raises 4M+

Miami receives first payout from CityCoins: 5.25M

Chainalysis acquires Abaxx.

Links:

• Welcoming Abaxx Associates to Chainalysis - Chainalysis
• Mayor Francis Suarez on Twitter: "I’m so excited to announce that the @CityofMiami has received its first-ever disbursement from @mineCityCoins totaling $5.25M. This is a historic moment for our city to collaborate with an innovative project that creates resources for our city through innovation not taxation." / Twitter
• Metaverse Tokens AXS, SAND Plummet as Meta Reports $10B Loss
• Manchester United to unveil new £20m-per-year training kit sponsorship with blockchain platform Tezos - The Athletic
• A DAO trying to free Julian Assange has raised $4 million and counting

Links:

• Solana on-chain development increases after a recent DDoS attack
• Robinhood partners with Chainalysis ahead of crypto wallet launch

Links:

• SEC registrants seek DeFi and physically backed Bitcoin ETF approval
• Leaked Slides Show How Chainalysis Flags Crypto Suspects for Cops — CoinDesk
• HSBC CEO backs CBDCs against crypto and stablecoins

Bitcoin is up 2% at $36,731
Ethereum is up 3% at $2,559
and Binance Token is up 2% at 331

Pundi X up 25%
Theta Fuel up 15%

Dubai says the country has not launched its own cryptocurrency

Brad Garlinghouse thinks Ripple will still go public, eventually.

Chainalysis says whales bought 77k BTC ($3B+)

BurgerSwap was exploited for just over $7M

Links:

• Ripple Waiting for SEC Suit Resolution Before Going Public - CoinDesk
• Dubai Media Office on Twitter: "Dubai Coin cryptocurrency was never approved by any official authority. The website promoting the coin is an elaborate phishing campaign that is designed to steal personal information from its visitors. https://t.co/Q0HBXfqaDO" / Twitter
• Igor Igamberdiev on Twitter: "1/7 Another flash loan attack on a major DeFi protocol on BSC. Today $7.2M was stolen from @burger_swap in 14 transactions. Let’s see what’s happened👇 https://t.co/gZQwiJGJ6X" / Twitter
• Chainalysis Market Intel | Blockchain analysis for cryptocurrency markets

Bitcoin is down 3% at $37,775
Ethereum is up 2% at $1220
and Polkadot is up 10% at 13.80

Top gainers in the last 24 hours:
HedgeTrade up 115%
Cosmos up 25%
Chainlink up 20%

Francis Suarez, mayor of Miami, considers some BTC reserves.

Anchorage secured conditional approval for a national trust charter from the US OCC.

Derebit sets maximum bitcoin options strike price to 400k.

Acting comptroller of the Currency Brian Brooks says 'everything is at risk'

Chainalysis flags pre-Jan 6th $500k donation to alt-right factions.

Links:

• Chainalysis Blog | Alt-Right Groups and Personalities Involved In Last Week’s Capitol Riot Received Over $500K In Bitcoin From French Donor One Month Prior
• Miami mayor considers bitcoin investment to create crypto hotbed | Fox Business
• Financial Censorship After Capitol Riot 'Truly Chilling,' Says OCC's Brooks - CoinDesk
• Deribit on Twitter: "We've added the $BTC 400K strike in the Dec21 expiry! 🚀 Send tweet!" / Twitter
• Anchorage Becomes First OCC-Approved National Crypto Bank - CoinDesk

Bitcoin is up 2% at $18,692
Ethereum is up 1% at $515
and XRP is up 28% at 40 cents

Top gainers in the last 24 hours:
Near Protocol up 24%
Stellar up 15%

The Bank of England’s chief economist said digital currencies might be a solution for negative interest rates.

Japan’s MUFG is set to launch blockchain payment network GO-NET next year

DAiM launches first company-sponsored retirement plans that support Bitcoin.

Microstrategy is exploring how it can become more invested in Bitcoin.

Chainalysis is on the edge of a $100 million dollar raise at Unicorn valuation.

Links:

• MUFG Plans to Launch Blockchain Payment Network in 2021 - CoinDesk
• Digital Asset Investment Management (DAiM) launches first ERISA compliant employer-sponsored 401(k) plans with Bitcoin
• Bank of England’s chief economist: digital currencies may mitigate the need for negative interest rates - The Block
• MicroStrategy execs say the publicly traded firm is exploring new bitcoin data products - The Block
• Bitcoin Investigation Giant To Raise $100 Million At $1 Billion Valuation

Bitcoin is up 2% at $15,884
Ethereum is up slightly at $461
and XRP is down 0.5% at 25 cents

Top gainers in the last 24 hours:
Stacks up 16%

US President-elect Joe biden has added former CFTC chairman and crypto enthusiast Gary Gensler to his transition team.

Chainalysis wants to help the US sell the Silk Road trove.

Binance has paid a bounty of 200k to investigators who helped with the arrest of bad actors.

Deel unveils a crypto payroll tool.

KuCoin co-founder Johnny Lyu said 84% of the funds from the recent hack have been recovered.

Links:

• Binance Gives $200K to Investigators Who Helped Identify Actors Behind 2018 Attack - CoinDesk
• Chainalysis Wants to Help the Feds Sell Millions in Forfeited Bitcoin - CoinDesk
• Joe Biden transition team adds former CFTC chair and crypto-focused academic Gary Gensler - The Block
• lyu_johnny on Twitter: "(1/3) Latest updates about #KuCoin Security Incident: So far, 84% of the affected assets have been recovered via approaches like on-chain tracking, contract upgrade and judicial recovery. As asked by the law enforcements, we will publish all the details once the case is closed." / Twitter
• Andreesen Horowitz-backed Deel launches crypto payroll tool - The Block

Bitcoin is down 3% at $10,141
Ethereum is down 10.5% at $340
and XRP is down 5% at 24 cents

Top gainers in the last 24 hours:
Bitshares up 20%

ShiftCrypto discloses potential ransom attack method for Trezor and KeepKey hardware wallets.

Joseph Frank Abel pleds guilty to his involvement with the BitClub Network a ponzi scheme.

Chainalysis takes a look at the trade route between East Asia and Latin America.

Links:

• Hardware Wallet Flaw Lets Attackers Hold Crypto for Ransom Without Touching Device - CoinDesk
• California man admits to securities and tax offenses related to $722 million BitClub Network fraud scheme | Internal Revenue Service
• Chainalysis Blog | How Latin America Mitigates Economic Turbulence with Cryptocurrency

Bitcoin is down 3% at 6,715
Ethereum is down 3% at $141
and XRP is down 1% at 18 cents

Top gainers in the last 24 hours:
Cybervein up 28%
Waykichain up 21%

The Spanish tax authority, AEAT is sending 350% more letters to crypto traders this year despite the coronavirus.

According to the FATF, the US is not currently fully compliant with the organizations crypto recommendations.

The National Internet Finance Association of China a self-regulatory watchdog for the People’s Bank of China says overseas crypto exchanges are faking trading volumes.

Chainalysis indicates the correlation between bitcoin spending and its price went through dramatic changes in the recent market volatility.

Links:

• US is not fully compliant with crypto recommendations, says FATF - The Block
• Bitcoin payments on dark markets most impacted by coronavirus pandemic: Chainalysis report - The Block
• Spanish tax authority to send more letters to crypto traders this year, despite coronavirus - The Block
• Chinese watchdog says crypto exchanges fake trading volumes - The Block

They Want to Know About Your Crypto

Chainalysis Wants to Help Them Know About Your Crypto

Links:

• US Treasury Secretary Promises ‘Significant New Requirements’ on Cryptocurrency
• ‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec

Bitcoin is down 9% at $7,134
XRP is down 4% at 23 cents
and Ethereum is down 11% at $149

Top gainers in the last 24 hours:
Enigma up 18%
Dentacoin up 15%

A new bi-partisan bill would classify "managed stablecoins" as securities.

China central bank’s Shanghai unit announced a crack-down on crypto exchanges

The price of bitcoin slipped to a 6-month low of 7,000.

Chainalysis is laying off 20% of its employees as they’re looking for a "path to profitability."

Links:

• Chainalysis lays off 20% of its employees to focus on 'path to profitability' - The Block
• China central bank’s Shanghai unit officially announces to crack down on crypto exchanges - The Block
• New bipartisan bill would classify 'managed stablecoins' as securities - The Block
• Bitcoin Price Dips to Six-Month Low of $7,000 - CoinDesk

Kaplan: "Fed Considering Digital Currency"

Child Porn Site Busted Using Chainalysis' Reactor Software

Links:

• US Law Enforcement Traces Bitcoin Transfers to Nab 'Largest' Child Porn Site - CoinDesk
• Top Fed Official Says US Central Bank 'Actively' Debating Digital Dollar - CoinDesk