Important news from last night and this morning (December 24-December 25)

BlackRock: Fed rate cuts in 2026 may be limited

In a report, BlackRock strategists Amanda Lynam and Dominique Bly noted that the Federal Reserve is expected to implement only limited rate cuts in 2026. With a cumulative rate cut of 175 basis points in this cycle, the Fed is approaching its neutral interest rate level. Unless there is a sharp deterioration in the labor market, the room for further rate cuts in 2026 is quite limited. According to LSEG data, the market currently expects the Fed to implement two rate cuts in 2026.

Vitalik predicts that bug-free code will be available in the 2030s.

Vitalik stated on the X platform that the notion that "bugs are inevitable and you can't write bug-free code" will no longer hold true in the 2030s. Vitalik believes that while many software programs will still contain bugs (because functional improvements are more important in specific use cases), if developers truly desire bug-free code, this goal will be achievable in the 2030s.

The Philippines cracks down on unlicensed virtual asset service providers, blocking Coinbase and Gemini.

Philippine internet service providers (ISPs) have begun blocking major cryptocurrency exchanges after regulators tightened oversight of local licensing for cryptocurrency service providers. Users have reported being unable to access global cryptocurrency exchanges Coinbase and Gemini, with multiple local ISPs unable to access these platforms. The ISPs' blocking action is based on an order from the National Telecommunications Commission (NTC). This order instructs service providers to restrict access to 50 online trading platforms deemed unauthorized by the Central Bank of the Philippines (BSP). The BSP has not released a full list of platforms affected by the order.

Brevis releases $BREV token economic model: Total token supply 1 billion, community incentives account for 32.20%.

According to Brevis's official announcement, $BREV is the core utility and governance token of Brevis ProverNet. It is used to pay for the generation and verification fees of zero-knowledge proofs, serves as a staking and reward medium, and grants governance rights to token holders. Validators must stake BREV or accept delegations to take on tasks; violating the service agreement will result in forfeiture of staked tokens. The network is initially deployed on Base; after migrating to the Brevis-specific rollup, $BREV will serve as the native gas token. The total token supply is 1 billion, with nearly 70% allocated to community and ecosystem incentives. Airdrop registration will be available soon. The specific allocation is as follows:

• Ecosystem Development (37%): Used for ecosystem growth, R&D, strategic partnerships, initial market making, and long-term protocol expansion.

• Community Incentives (32.20%): Used to reward validators, stakers, and community contributors, including initial airdrops in multiple categories.

• Team (20%): Allocated to current and future Brevis core developers and contributors.

• Investors (10.80%): Allocated to seed round investors.

Binance Alpha launches the second wave of Unibase airdrops, with a minimum spend of 226 points.

According to the official announcement, Binance Alpha has launched the second wave of Unibase (UB) airdrops. Users holding at least 226 Binance Alpha Points can claim the token airdrop. Claim 1,000 UB tokens through the Alpha event page. If the rewards are not fully distributed, the points threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claim within 24 hours on the Alpha event page; otherwise, they will be considered to have forfeited their airdrop.

Aave's founder has been accused of increasing his holdings of AAVE tokens by $10 million in an attempt to strengthen his governance voting power.

According to Cointelegraph, Aave founder Stani Kulechov recently spent $10 million to purchase AAVE tokens, a move some in the cryptocurrency community claim is aimed at increasing his voting power on key governance proposals. Critics argue that large token purchases could have a substantial impact on the voting results of high-stakes proposals. This controversy has once again raised concerns about whether token-based governance can adequately protect the interests of minority holders, especially when founders or early insiders wield significant economic influence.

DeFi strategist Robert Mullins posted on the X forum that Kulechov's purchase of AAVE tokens was intended to increase its "voting power so that it could vote in favor of a proposal that directly harms the interests of token holders." He added, "This clearly demonstrates that the token mechanism is insufficient to effectively prevent governance attacks on AAVE tokens."

Circle clarifies: Claims of launching a tokenized gold and silver trading platform are false.

According to CoinDesk, Circle has clarified that a recent press release claiming the launch of its tokenized gold and silver trading platform, "CircleMetals," is false information. Released just before Christmas, the message forged the Circle brand and statements from executives, directing users to connect their wallets to participate in the exchange of USDC for gold (GLDC) and silver (SILC) tokens. Circle has confirmed that it has never launched this service, and the website is now offline. Circle reminds users to be vigilant and not to trust unverified links and wallet connection requests.

Logan Paul has agreed to auction off $5.3 million worth of Pokémon cards on January 12, potentially setting a new record.

Logan Paul has agreed to auction his record-breaking Pikachu Illustrator card at Goldin Auctions on January 12, 2026. The card previously sold for $5.3 million, setting a Guinness World Record. The deal has already received a $2.5 million advance payment, and the auction will be featured on Netflix's "King of Collectors." Goldin anticipates the card will fetch between $7 million and $12 million. With Pokémon's 30th anniversary approaching, the collecting craze continues to heat up.

CZ: The crypto industry should eradicate address poisoning attacks; Binance already supports identifying malicious addresses.

CZ posted on Binance Square, stating, "The crypto industry should be able to completely eradicate address poisoning attacks and protect users. All wallets should simply check if the receiving address is a poisoned address and block the user. This is a blockchain query. Furthermore, security alliances within the industry should maintain a real-time blacklist of these addresses so that wallets can check them before sending transactions. Binance Wallet already does this. If a user tries to send to a malicious address, they will receive a warning. Finally, wallets shouldn't even display these spam transactions anywhere. If the transaction's value is small, it should be filtered out."

Yun Shenchu Technology completes pre-IPO round financing of hundreds of millions of yuan

Hangzhou Yun Shenchu Technology Co., Ltd. has completed a pre-IPO financing round of several hundred million yuan. This round was led by the National Artificial Intelligence Industry Fund, with participation from a major internet company.

A whale wallet has revived after 8 years, transferring 400 BTC to OKX, potentially generating a profit of over $30 million.

According to Onchain Lens, a whale holding cryptocurrency transferred 400 BTC to the exchange OKX after eight years of inactivity. At the current market value, this transfer is worth approximately $34.92 million, resulting in a profit of about $30.4 million.

Multicoin is suspected of purchasing 60 million WLD tokens from the Worldcoin team via OTC.

According to Ember's observation, an address (0xf000, suspected to be owned by Multicoin Capital) transferred $30 million USDC to the Worldcoin team wallet a day ago, and received 60 million $WLD from the same wallet 7 hours ago, which is worth about $29.06 million at market value, suspected to be an off-exchange block trade.