BlockBeats news, December 4, DeSpread co-founder GM Chung forwarded a community message stating that during yesterday's military lockdown in South Korea, opposition member and cryptocurrency supporter Kim (Kim Nam-guk @lawmaker2024) was found listening to the Bitcoin scaling solution Stacks' DeFi Show X Space.

In addition, he was also known for being an official STX holder.

BlockBeats news, on December 4th, according to HTX market data, CAKE has risen over 36% in 24 hours, currently reported at $4.37.

PancakeSwap previously announced the launch of PancakeSwap SpringBoard: a platform that integrates the creation and launch of project tokens.

According to BlockBeats, on December 4, according to the official announcement, the Wormhole Staking Reward Program (SRP) will be officially launched on all chains (including EVM and Solana) today. It is applicable to users participating in governance staking. The minimum allocation amount for reward cycle 1 is 50,000,000 W.

Original title: (Come to Virtuals Ecosystem to Seek Gold? I’ll Contribute an Idea)

Original author: Golem, Odaily Planet Daily

Recently, Virtuals Protocol, an AI agent creation platform on the Base ecosystem, has become increasingly popular. According to Coingecko data, its protocol governance token VIRTUAL has increased by more than 130% in the past week, and AI agent tokens on the platform such as AIXBT have increased by more than 290%, GAME has increased by more than 420%, VADER has increased by more than 400%, and LUNA has increased by more than 34%.

The wealth effect is bound to attract project owners and on-chain gold diggers. According to Dune data, more than 8,779 AI agent tokens have been launched on the Virtuals platform. Since November 29, the number of AI agent tokens created daily has surged, about twice as much as in the past.

BlockBeats news, on December 4th, Layer1 project XION officially released its white paper and token economics. The total supply of XION tokens is 200 million, with an initial circulation of 25,559,333 tokens, accounting for 12.78%. In the token distribution plan, ecosystem incentives and project incubation account for 23%, strategic investors account for 27%, the team accounts for 20%, protocol development and foundation account for 15%, and community and Launch account for 15.19%.

XION supports a new type of Proof-of-Abstraction consensus mechanism, enhancing security through abstraction and addressing the trade-off between security and accessibility found in traditional Proof-of-Stake.

BlockBeats news, December 4, investment bank Stifel economist Lindsey Piegza stated that the Federal Reserve is about to pause policy adjustments, as President Waller's recent remarks reflect that stricter standards are being formed in this regard. Federal Reserve officials are increasingly focused on whether economic data exceeds expectations, rather than just on strong economic performance.

If the economy continues to show significant stability next year, the Federal Reserve may face challenges regarding potential interest rate cuts. It is expected that there will be three more rate cuts next year, bringing rates closer to neutral levels, reducing rates to 3.75% by the third quarter, which is a reasonable neutral level. As for this year, if the December data meets expectations, it is believed that the Federal Reserve will proceed with a third round of rate cuts. (Golden Ten)

BlockBeats news, on December 4, according to OnchainDataNerd monitoring, a BitTorrent associated wallet deposited 7 million TRX (approximately 2.72 million USD) to Binance. Within 24 hours, the wallet deposited a total of 42 million TRX (approximately 11.46 million USD) to Binance. The BitTorrent wallet still holds 56.23 million TRX (approximately 4.426 million USD).

BlockBeats News, December 4th, Binance announced that it will delist the NOT/BNB and RDNT/BTC spot trading pairs on December 6th at 11:00.

BlockBeats news, December 4th, Four.meme, the meme launch platform on BNB Chain, is the official technology provider for PancakeSwap's new platform Springboard. This user-friendly platform simplifies the token creation process, empowering creators and developers to easily realize their token ideas on the BNB Chain.

Springboard offers a simplified and accessible experience. Users can easily configure token details and launch it within minutes, without complex coding. The platform prioritizes accessibility and affordability, charging the lowest fees and automatically pairing liquidity.

BlockBeats News, on December 4th, Singapore-based global issuance and digital asset management platform Interlace announced the completion of a $10 million B1 funding round, led by Bitrock Capital, with participation from early employees and senior management of leading companies such as Klarna and Robinhood.

The new funding will be used to expand the leadership team to accelerate global growth. Founded in 2019, Interlace provides the most efficient and cost-effective cross-border, multi-currency, and cross-system financial solutions for Web3, cross-border e-commerce, B2B trade, developers, and more.

Interview: When Shift Happens

Organized and compiled by: Yuliya, PANews

(When Shift Happens) Previously, the interview invited Jeff, the founder of Hyperliquid Labs. Hyperliquid is a decentralized perpetual contract trading platform and also a Layer 1 project. In an hour-long conversation, Jeff shared his entrepreneurial journey, project vision, and observations on the DeFi industry. PANews compiled the interview content, covering aspects such as the project’s technological innovation, operational model, user experience improvement, and also exploring trends and challenges in the cryptocurrency industry.

According to BlockBeats, on December 4, according to HTX market data, CRV briefly broke through US$1.08, and rose by more than 36% in 24 hours.

BlockBeats news, on December 4, according to Trader T's monitoring, yesterday the net inflow of Ethereum spot ETF in the United States was 132.6 million USD, of which BlackRock's ETHA had a net inflow of 65.3 million USD, and Grayscale's ETHE had a net outflow of 6.4 million USD.

Original title: (Wandering and consolidating, is the market's purchasing main force still there? | WTR 12.2) Original source: WTR Research Institute

This week's review

From November 25 to December 2 this week, the highest price for ice sugar oranges was around $98,871, and the lowest was close to $90,791, with a fluctuation range of about 8.17%. Observing the chip distribution chart, a large number of chips were traded around 96,000, which will provide certain support or pressure.

• Analysis: 1. 60000-68000 approximately 2.24 million pieces; 2. 90000-97000 approximately 970 thousand pieces; • The probability of not breaking below 87000-91000 in the short term is 70%; • Among them, the probability of not breaking above 100000-105000 in the short term is 60%.

BlockBeats news, December 4th, UniversalX (universalx.app) is the first chain abstraction trading platform where users can trade on-chain assets (including Memes) using tokens from any chain interchangeably, with near real-time settlement, no need for cross-chain bridging, and any token can be used as gas. The launched version supports nearly 20 chains. For example, you can directly use SOL to buy Memes on Base, or use USDT from the Ethereum mainnet to buy Memes on Sol.

- 100% on-chain design and non-custodial.

- Integrated with all major EVM chains and Solana.

- Supports direct purchase of any token on any chain with fiat currency.

BlockBeats news, December 4, the Bank of Korea conducted a 12 trillion won repurchase operation, the won's decline against the dollar has narrowed, currently reported at 1411. (Jinshi)

BlockBeats news, on December 4th, according to HTX market information, TON has broken through 7 dollars, currently reported at 7.16 dollars, with a 24-hour increase of 6.2%.

BlockBeats news, on December 4, Four.meme, the leading meme fair launch platform on the BNB Chain, is the official technology provider for PancakeSwap's new platform Springboard. This user-friendly platform simplifies the token creation process, empowering creators and developers to easily realize their token ideas on the BNB Chain.

Springboard offers a simplified and accessible experience. Users can easily configure token details and launch it within minutes, without complex coding. The platform prioritizes accessibility and affordability, charging minimal fees and automatically conducting liquidity pairing.

BlockBeats news, on December 4, Zhu Su, co-founder of Three Arrows Capital, stated on social media, "The current rise of HYPE is mainly driven by its L1 narrative, but my bullish reason is that it has won a portion of the U-based perpetual contract market on mainstream trading platforms. Whether it is wise to reserve future supply for future seasons will be my biggest concern."

BlockBeats note: Hyperliquid is an L1 designed specifically for decentralized derivatives trading, and its mainnet has not yet launched. Its vision is to create a decentralized Binance. As of now, Hyperliquid has not accepted any investments. The Hyperliquid Foundation stated in the announcement of its genesis event that in the token distribution: "There is no allocation for private investors, centralized trading platforms, or market makers." Currently, deposits and withdrawals on Hyperliquid still need to be bridged through Arbitrum, with over 60% of USDC tokens on the Arbitrum chain held by Hyperliquid addresses. As an L1, Hyperliquid's ecosystem is not yet mature, with everything from browsers to DEX operating in a self-operated model, and all technological innovations and development focuses on enhancing the performance of the decentralized derivatives trading platform.

Original title: (WOO X Research: Can RWA Become the Next Wave of Wealth Growth?)

Original source: WOO X Research

Narrative:

RWA (Real World Assets) literally translates to real-world assets. Its value lies in bridging traditional assets and the Web 3 world, enabling the digital representation of real assets, effectively utilizing or mobilizing real assets (such as real estate, artworks, etc.) and enhancing the liquidity of those assets. With the combination of RWA and blockchain technology, RWA can transcend geographical limitations, allowing users to conveniently complete transactions or other asset utilizations regardless of geographical location, currency systems, or other influencing factors. When RWA is mentioned, it often brings to mind real estate, stocks, and so on. Moreover, from the basic characteristics of RWA tokenization, stablecoins also belong to the RWA track's products. It seems that RWA is becoming closer to us. This is another layer of narrative about RWA, namely "inclusiveness," allowing investors without sufficient capital to enter high-value markets to indirectly invest in corresponding high-value RWA tokenized products.