The Gnosis Chain enacted a hard fork to recover $9.4 million lost in a previous exploit, prioritizing user fund return over blockchain immutability. This decision sparked debate among experts regarding its implications for future chains.

Aave's governance vote to transfer control of brand assets has faced backlash for being rushed, with community leaders claiming it bypassed standard procedures. The proposal, which had unresolved concerns, quickly advanced to voting, raising fears of a takeover by Aave Labs.

The Hyperliquid team alleges that a former employee, fired in early 2024, is behind aggressive short-selling of HYPE tokens. Co-founder Iliensinc reinforced the company's ban on insider trading and clarified the ex-employee's actions do not represent Hyperliquid's standards.

Bitcoin's recent price fluctuations indicate a potential end to the bull market, as demand diminishes according to CryptoQuant analysts. Key support has faded following three significant demand waves, with possible targets for further decline set between $70,000 and $56,000.

The Solana Foundation collaborates with Project Eleven to test quantum-resistant transactions on a testnet, demonstrating practical post-quantum digital signatures without major performance issues, preparing for future quantum threats to blockchain security.

Bitcoin has struggled in 2023, losing 13% and facing challenges like heavy overhead supply and declining demand, as noted by Glassnode. Analysts suggest improvements require seller exhaustion or increased liquidity to absorb supply.

The Hyper Foundation proposes a validator vote to permanently burn 37 million HYPE tokens from the Assistance Fund, reducing the circulating supply by over 13%. This governance vote concludes on December 24, requiring stake-weighted consensus.

Tensions within the Aave ecosystem have flared as a major token holder proposes a "poison pill" governance strategy to seize Aave Labs' assets for the DAO, following discontent over redirected fees from a recent integration.

Circle's acquisition of Interop Labs aims to enhance cross-chain capabilities, but community backlash arises as AXL token holders see no benefits, prompting concerns over fairness and ethics in the deal.

Exor N.V., the controlling shareholder of Juventus Football Club owned by the Agnelli family, rejected stablecoin issuer Tether’s takeover bid.
Tether’s $1.3 billion all cash bid for Exor’s 65.4% stake came at a 21% premium to its current value
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This story is an excerpt from the Unchained

Jump Crypto's Firedancer validator client has launched on the Solana mainnet after three years of development, aiming to enhance transaction capacity. Testing showed successful operation with over 50,000 blocks, demonstrating significant progress towards Solana's scalability goals.

Unrealized losses in the crypto market reach $350 billion, with bitcoin at $85 billion. This increase is due to tighter liquidity and lower trading volumes, leaving short-term holders most affected by recent volatility.

Crypto.com, Kalshi, Coinbase, Robinhood, and Underdog have formed the Coalition for Prediction Markets to advocate for safe, regulated prediction markets and educate policymakers on their differences from gambling.