OnChainDetective

【BitPush】Lighter project announces the launch of its native token LIT, with a core design concept that is quite interesting— all the value created by products and services flows directly to LIT holders. This approach is not uncommon in the DeFi space, but the execution logic is worth noting.
From an operational perspective, Lighter employs a fairly transparent mechanism. The team is based in the United States, and the token is issued directly by a Class C company, which commits to operating the entire protocol at cost—simply put, not making a profit from operational margins. Revenue from DEX products and subsequent services is tracked on-chain in real-time, and is allocated to either ecosystem growth or token buybacks based on market conditions. This on-chain transparent revenue distribution provides holders with visibility into the project's actual earnings.
Let's look at the token distribution structure. LIT adopts a semi-open distribution model: 50% to the ecosystem, and 50% to the team and investors. The two previous token seasons (the 202

【Block Motion】The Korean Financial Committee is advancing the second phase of cryptocurrency legislation. The latest draft of the "Digital Asset Basic Law" has incorporated a series of investor protection measures, which seem quite robust.
Here's the key point—stablecoin issuers must hold reserve assets in low-risk categories, such as bank deposits and government bonds. They are also required to deposit or trust at least 100% of the issuance amount with banks or similar institutions, effectively adding an insurance layer for investors. Digital asset service providers will also bear no-fault liability, meaning they must compensate if issues arise.
It appears that the government aims to prevent the risk of issuer bankruptcy from affecting ordinary investors through this comprehensive approach, and the strategy is quite clear. Another noteworthy development is that South Korea may relax restrictions on the domestic sale of digital assets. Projects previously stalled due to ICO restrictions might consider directly issuing in Korea, eliminating the need for "overseas issuance and domestic circulation."

【BitPush】According to on-chain monitoring data, the trading platform Lighter has extracted 32.05 million USDC to its vault address from within its ecosystem. Currently, approximately $100,000 remains in the platform's fee wallet.
Interestingly, this fund has not completely left the ecosystem. Of the $32.05 million, about $8.6 million was redeposited into Lighter after October 16, with roughly $7.5 million going into LLP (which generates fee refunds to liquidity providers). This operation has never been publicly disclosed before, nor mentioned in official documentation — equivalent to about 25% of the platform's total revenue being used for this purpose, which is indeed noteworthy.
The remaining $21.9 million USDC was transferred to Coinbase's custody address. Lighter then disclosed more technical details: its vault address is hardcoded in the contract as account 0, responsible for receiving

【Blockchain Rhythm】Recently, South Korean politics has been rocked by a controversy involving conflicts of interest related to the cryptocurrency industry. According to multiple media reports, high-ranking officials of a ruling party in a certain country are embroiled in public scrutiny over family members' connections to trading platforms.
The core of the incident is: this member of parliament repeatedly criticized a leading crypto trading platform for market monopoly issues during a committee meeting in February, even pointing out approximately 700,000 violations found in anti-money laundering and KYC reviews. Interestingly, his son was hired as a data analysis intern by a competitor exchange of the criticized platform in November.
The timeline adds more intrigue: the official's private meeting with the competitor exchange took place in November, shortly before his son's internship arrangement. In the following weeks, he continued to criticize the "monopoly platform" in the committee, while remaining silent on the same violations found in the competitor exchange.
The parties involved each have their own account of the events. This official

Japanese tech giant SoftBank is actively negotiating to acquire private equity firm DigitalBridge to develop data centers and network infrastructure needed for the AI era. The transaction agreement is expected to be announced as early as this Monday, but the specific terms are still under discussion and have not been finalized. This move reflects increasing competition in the technology industry infrastructure sector.

Holiday trading was light, with the US dollar remaining stable against major currencies, and the US Dollar Index hovering around 98.01. Due to the lack of significant data and the New Year's Day holiday, market liquidity has decreased. In 2024, the US Dollar Index has declined by nearly 10% cumulatively, with year-end adjustment expectations becoming more apparent due to trade policies and Federal Reserve rate cuts.

LIT is about to go public, with a pre-market price of $3.423 and a fully diluted valuation of $3.423 billion. However, the market predicts that the probability of its FDV exceeding $3 billion after listing is only 47%. Investors are cautious about its prospects, and overall sentiment is generally watchful.

【币界】dYdX社区投票结果出炉，Surge奖励计划续期提案以76.68%的高赞成率获批。这次续期的核心是把激励计划延长下去，从2026年1月1日起再跑6个月，目标还是老一套——吸引更多人在dYdX上进行持续、自然的交易。
值得注意的是，这轮奖励方案并没有搞大创新。官方基于前几轮Surge季的实际运营数据，确认了简化版的手续费返还机制确实有效，所以这次就沿用这套逻辑继续下去。执行的活儿交给了CryptoLearningClub团队来负责，他们会搞方案执行、奖励计算和绩效报告这些事儿，背后还有dYdX Labs的技术支持兜底。整个流程下来，就是用真金白银的激励去激活交易生态。

Solflare wallet recently launched the 0 Gas prediction market feature, allowing users to participate with USDC and only need to choose "Yes" or "No" as the outcome. This innovation provides convenience for Solana ecosystem users, reduces costs, and promotes the development of Web3.

【Crypto World】How huge is the scale of arbitrage trading in the Solana ecosystem? Recently, an analyst uncovered some interesting data.
Based on on-chain data analysis, arbitrage activities on Solana can be divided into two types—atomic arbitrage and portfolio arbitrage. Atomic arbitrage is more straightforward: buying low on one DEX and selling high on another DEX to capture the price difference in a single transaction. Portfolio arbitrage involves more complex strategies, executing multiple trades within the same block to achieve arbitrage.
Interestingly, many so-called arbitrage bots are not running some mysterious custom programs but heavily rely on aggregators like Jupiter and DFlow. What kind of power do these platforms hold? Aggregators handle about 60% of Solana's entire DEX trading volume, with Jupiter alone accounting for approximately 90% of that share.
Looking at the numbers, it gets even more astonishing—Jupite

Recently, security teams have reminded users to be cautious when using AI tools, as there is a risk of prompt poisoning attacks. Enabling danger mode can improve efficiency, but it may also lead to loss of control. It is recommended to handle sensitive information carefully and to set tool permissions reasonably.

【BiTu】Which performs better: Bitcoin or precious metals? This question has recently sparked debate within the industry.
Crypto analyst Adam Livingston did the math: since 2015, Bitcoin has increased by 27,701%. In comparison, silver's growth over the same period is only 405%; gold's is even worse at just 283%. It sounds like Bitcoin is crushing traditional assets, and he calls Bitcoin a true top-tier asset.
But gold loyalist Peter Schiff isn't convinced. This guy has been a vocal critic of Bitcoin and directly responded, "Don't judge based on 9 years of performance; look at the last 4 years." His stance is clear — the era of Bitcoin is over.
This gets interesting. Matt Golliher, co-founder of Bitcoin wealth management firm Orange Horizon Wealth, jumped in, starting from the...

FIL shows a stable signal on the daily chart, with the short-term price gradually approaching the trend zone, but the medium-term downtrend remains. $1.188 is a key support, and $1.374 is an initial resistance. The order book indicates strong buying pressure below, and volatility may persist in the short term.