News Summary

• As one of its potential impacts, the vulnerability could result in large amounts of non-transactional data spamming the blockchain, potentially increasing network size and adversely affecting performance and fees.The token of decentralized finance protocol SafeMoon has fallen 31% in five hours after the company behind it filed for bankruptcy..
• In a post on X (formerly Twitter) on Dec. 14, the former CEO of exchange BitMEX said that investors have “no excuse” to short crypto.Going long on crypto is the key to success as markets bet on the United States Federal Reserve lowering interest rates next year, Hayes argues..
• What Bitcoin represents is the return of money to its original creation, the private sector.”Javier Milei, president of Argentina‘No excuse’ not to long crypto: Arthur Hayes repeats $1M BTC price betBitcoin and altcoins are a no-brainer bet in the current macro climate, Arthur Hayes says..
• BlackRock has revised its spot Bitcoin exchange-traded fund (ETF) application to make it easier for Wall Street banks to participate by creating new shares in the fund with cash rather than just crypto..
• “At this point, there is no excuse not to be long crypto,” part of his post stated.“How many more times must they tell you that the fiat in your pocket is a filthy piece of trash,” he wrote..
• Hayes further reiterated a longstanding $1 million BTC price prediction as a result of macro tides eroding the value of national currencies.The front end of multiple decentralized applications using Ledger’s connector were compromised on Dec. 14..