Binance and Cristiano Ronaldo unveil 'ForeverSkills,' their fifth digital collectibles celebrating the football legend's renowned abilities. The screen provides a look into an athlete's realm, displaying their talent and techniques to millions.
However, for those desiring a deeper connection, mere observation often feels insufficient, failing to truly express the passion behind the sport.
Today's fans crave more than just highlight reels; they want to engage, learn, and gain recognition themselves. When passive admiration no longer fulfills, the urge to move beyond the spectator role becomes compelling.
Instead of limiting fans to merely spectating, the ForeverSkills initiative motivates them to display their own skills and share them online through the 'Proof of Skills' challenge. Participants can film themselves trying out Cristiano's iconic football moves on TikTok or Instagram, with the best 77 submissions selected by Binance and Cristiano to win an item from the Proof of Skill collection.
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Synthetix launches multi-collateral perps on Base amid revamp
On December 18, Synthetix, a decentralized finance (DeFi) protocol, announced that it is now accepting various token types as collateral for leveraged perpetuals trading on Coinbase’s Base network.
The introduction of these 'multicollateral perps' on Base, a prominent layer 2 (L2) scaling network for Ethereum, is part of a comprehensive overhaul of the DeFi protocol following a governance restructuring in October. This new feature will enable users to use tokens like Coinbase Wrapped BTC (cbBTC) and Coinbase Wrapped ETH (cbETH) as collateral for trading, according to Synthetix.
The protocol stated that this expansion allows traders to maintain direct exposure to popular crypto assets such as BTC and staked ETH, provides greater control over margin positions, and offers easier access to hedging, among other advantages.
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As of December 18, Coinbase’s cbBTC has become one of the most widely used Bitcoin wrappers, with a market capitalization exceeding $2 billion, according to CoinMarketCap. Base, with approximately $14 billion in total value locked (TVL), ranks as the second most popular Ethereum L2 after Arbitrum, as reported by L2Beat.
Alleged SEC hacker allowed to travel for the holidays
Eric Council Jr., accused of hacking the United States Securities and Exchange Commission's X account in January and posting a misleading message about the approval of Bitcoin exchange-traded funds (ETFs), has been granted permission to travel for the holidays.
In a December 13 filing with the US District Court for the District of Columbia, Judge Amy Berman Jackson stated that the Council could travel to North Carolina with a third-party custodian from December 23 to 29. The judge mandated that the alleged hacker provide Pre-Trial Services with his exact itinerary and details of his stay at least two business days before travelling.
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Council pleaded not guilty on January 9 to hacking the SEC's X account and posting a false message suggesting the commission had approved spot Bitcoin ETFs, which caused market turmoil before the commission officially approved the investment vehicles about 24 hours later. FBI officials arrested Council in Alabama on October 17. He has pleaded not guilty to charges of conspiracy to commit aggravated identity theft and access device fraud.
