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According to TechFlow, on December 20, Arthur Hayes, co-founder of a certain exchange, posted on social media that he is shifting funds from ETH to high-quality DeFi projects. As fiat liquidity improves, these projects are expected to outperform the market.

PANews, December 20—According to The Block, Republican Senator Cynthia Lummis's term will end in January 2027, but she has announced that she will not seek re-election. She posted on X on Friday, stating that the various upheavals last fall left her physically and mentally exhausted. Senator Lummis is the chair of the Senate Banking Committee's Subcommittee on Digital Assets and has been actively involved in congressional efforts to regulate the cryptocurrency industry over the past few years. She has worked closely with New York Democratic Senator Kirsten Gillibrand to advance comprehensive legislation aimed at establishing a regulatory framework for digital assets, including clarifying the regulatory responsibilities of agencies such as the Securities and Exchange Commission and the Commodity Futures Trading Commission. After multiple meetings, the Senate Banking Committee has been actively advancing this legislation, with participants including Democrats, Republicans, representatives from the cryptocurrency industry, and stakeholders from the traditional financial sector. The current goal is to revise the bill and have it reviewed by the committee early next year, but it still needs to be coordinated with ongoing work by the Senate Agriculture Committee. Afterward, the bill will require a full Senate vote and reconciliation with the version passed by the House in the summer.

According to Deep Tide TechFlow, on December 20, foreign media reported that TAE, a nuclear fusion startup that Trump Media & Technology Group intends to merge with, has been repeatedly accused of failing to pay suppliers and vendors. In the past 16 months, at least nine suppliers have filed lawsuits alleging unpaid invoices for specialized components, recruitment fees, and rent. TAE Technologies stated that the company is conducting a comprehensive review of overdue supplier bills and will handle verified debts in an orderly and responsible manner according to financial controls and long-term operational plans. (Golden Ten Data)