The holiday season is upon us, and CryptoSlam is celebrating by spreading the joy of onchain data
with a new audience.
- This week CryptoSlam and QuickNode announced that our Token Price and Liquidity API is now available on the QuickNode Marketplace. 
- SLAMNation now has a home on X, and soon our daily show, The Swarm Report, will be renamed SLAMNation and broadcast directly on @SLAMNationX. 
You can catch The Swarm Report M-F at 9am ET here.
If you
want to appear on the show and tap into SLAMai data, come join us in SLAM Nation today! Join here. Now let’s
dive into the biggest stories in Web3 from the past week.
Tensions are escalating between JPMorgan and Strategy, and Bo Hines is warning that Operation Chokepoint 3.0 may be at play.
- MSCI revealed that companies like Strategy with over 50% of assets in digital assets may be
excluded from the MSCI USA and World Indices.
- Exclusion from the indices could lead to $MSTR seeing $2.8B - $8.8B in outflows.
- Michael Saylor defended Strategy as an operating company with $500M in software revenue and
innovative BTC backed instruments.
- The MSCI announcement dropped on 10/10 (crypto’s biggest day of liquidations), while a ruling will be made on Jan 15.
- JPMorgan noted the MSCI exclusion just this week, and the timing aligns with reports of big $MSTR shorts.
- Many are calling the timing of JPMorgan’s bearish note suspicious, coming at a time when BTC faces major selling pressure.
- JPMorgan is also facing backlash for closing Strike CEO Jack Mallers’ accounts, and has people
including Bo Hines claiming this is Operation Chokepoint 3.0.
Monad Mainnet Goes Live 
Monad’s long awaited EVM blockchain goes live following a Coinbase token presale.
- The Coinbase $MON presale at a $2.5B valuation was 1.43x oversubscribed with $269M committed and 86K participants.
- Monad is an L1 EVM blockchain with 400ms block times, 10,000 TPS, and near-zero fees.
- The top app on Monday on day 1 is a virtual beer pong game called Bro dot Fun.
- Prediction Markets, games, defi, and trading apps will be live on Monad, and currently traders are
playing the memecoin casino on coins like $NADS, $ANAGO, and $DAK.
- $MON currently is at a $4.6B FDV, up 84% from the presale price.
Cardano Attacked 
The Cardano blockchain faced a major attack this weekend
that caused the chain to split, and possibly led to millions in damage.
- On Nov 21, a user named Homer J (a Cardano OG) broadcast a crafted txn with an oversized hash.
- The txn exploited a deserialization flaw in Cardano node 10.3.1 and above, which had been present since 2022.
- The attacker claimed it was an AI assisted personal challenge, and that the consequences were unintentional.
- IOG and the Cardano Foundation formed a war room to coordinate a fix for the split chain, and were able to get Cardano
back to fully operational within 24 hours.
- Cardano founder Charles Hoskinson claimed the attack was deliberate, targeting his own pool, and vowed to work with the FBI to make sure the attacker is found and punished.
AI 
The AI market is down -19.9% in the past 7 days to a $5.84B market cap. Top token movers include REKT (+78.23%), FARTCOIN (+35.31%), TURBO (+9.94%), DCAI (+8.47%), and VIRTUAL (+4.92%).
- BasisOS, the yield farm solution in Virtuals’ ACP was compromised by a team member, leading to
$531K in stolen funds.
- PRXVT announced the launch of px402 and px402-OTF for privacy payments over the x402
protocol.
- Mute Swap is launching a new staking pool that aims to give out even more rewards than their
previous $30K USDC rewards from their first pool.
- Kaito AI is partnering with Polymarket to power verifiable mindshare
markets.
- Caesar revealed a major announcement that token holders will now own SEC compliant equity in
their company.
NFTs 
- NFT sales fell -11.53% to $67.30M, a new 55 week low. Buyers climbed 28.27%, sellers were up 8.70%,
and trade profits fell -30.20% to -$8.92M.
- Pudgy Penguins announced a partnership with BE@RBRICK to release pudgy themed toys.
They sold out within 30 minutes, and are now only available at Medicom Toy stores in Japan.
- Rekt Drinks launched its first line of merch through its partner Manors. The v1 line includes hats
and shirts, and is available at rekt.com.
- Pizza Ninjas on Bitcoin are launching 1K new PFPs for .01 - .013 $BTC, bringing their total
collection size up to 2.5K.
- Bodoggos NFT holders can claim a new Moonbirds collab SBT on Solana.
- CyberKongz released free Genkai Avatars for their holders which can be used in VR/AR, gaming
environments, and as a VTuber avatar.
Top Gainers 7d RAIN - $0.007565 (+128.6%) KAS - $0.05633
(+39.0%) WLFI - $0.1631 (+23.0%) QNT - $85.95 (+13.2%) BCH - $546.11 (+13.2%) Top Losers 7d HASH - $0.02401 (-20.3%) APT - $2.29 (-17.8%) ZEC - $520.33 (-16.9%) CC - $0.08494 (-15.3%)
ASTER - $1.11 (-14.3%)
|