The UK plans to ban the public issuance of cryptocurrencies
According to CoinDesk, the UK's Financial Conduct Authority (FCA) indicated on Monday in a document regarding the upcoming cryptocurrency regulatory framework that the UK intends to ban the public issuance of cryptocurrencies. The government will draft legislation to prohibit the public offering of cryptocurrencies, modeled after the UK's promotional rules, banning unregistered cryptocurrency companies from approaching UK customers. Only cryptocurrency asset trading platforms and products that meet exemption conditions will not be subject to this restriction.
The US SEC has issued a Wells notice to cryptocurrency investment firm Unicoin
The NFT project CyberKongz claims to have received a Wells notice from the SEC
FTX announcement: The court-approved Chapter 11 reorganization plan will take effect on January 3, 2025
According to FTX's announcement, its court-approved Chapter 11 reorganization plan will take effect on January 3, 2025, with the record date set for the first distribution. The first distribution is expected to be completed within 60 days after the effective date for allowed claims in convenience categories. FTX has partnered with BitGo and Kraken to assist in distributing recovery funds to customers and creditors. Distribution requirements include completing KYC verification, submitting tax forms, and connecting with designated service providers.
21Shares XRP Trust has been registered in the state of Delaware, USA
OpenAI: The ChatGPT search feature is now available to all free users
According to an announcement from OpenAI, the ChatGPT search feature has received a significant update and is now gradually being made available to all free users. This update includes a real-time search feature that supports getting the latest news, stocks, and other dynamic content at the minute level; a new advanced voice mode, set to launch next week, allows users to optimize multi-turn search experiences through more natural voice interactions; a new map feature on mobile supports viewing nearby locations, route planning, and business information; optimizations for platforms like Android and iOS have improved search efficiency by over 40%.
Insiders: SoftBank plans to invest $100 billion in the US to support AI and related infrastructure development
Coinbase will list the Parcl (PRCL) trading pair at 1:00 AM on December 18
According to Coinbase's announcement, Coinbase will support the Parcl (PRCL) token (SPL token) on the Solana network. Users should avoid transferring funds through other networks, or they may be lost. The transfer function for this asset is now open and applicable in regions where Coinbase and Coinbase Exchange support trading.
The PRCL-USD trading pair is scheduled to begin trading at 1:00 AM Beijing time on December 18, 2024 (PT time December 17 at 9:00 AM), provided liquidity conditions are met.
Ripple will launch its stablecoin RLUSD on December 17, followed by monthly audits
According to The Block, Ripple's USD-pegged stablecoin is set to launch on December 17. Ripple stated in a Monday announcement: 'RLUSD will begin listing on global exchanges tomorrow. Each RLUSD token is fully backed by USD deposits, U.S. government bonds, and cash equivalents.' An independent auditing firm will be responsible for creating proof of RLUSD reserve assets to enhance transparency. These proofs will be published monthly.
Binance HODLer airdrop has launched the 4th and 5th phase projects: Simon's Cat and Pudgy Penguins
According to the official announcement, the Binance HODLer airdrop has launched the 4th and 5th phase projects - Simon's Cat (CAT) and Pudgy Penguins (PENGU). Users who purchase regular and/or fixed-term products on the earn platform using BNB from 08:00 on December 09, 2024, to 07:59 on December 13, 2024 (UTC+8) will receive an airdrop allocation. HODLer airdrop information is expected to be available within twelve hours, and new tokens will be distributed to users' spot wallets one hour before trading begins.
Binance will list CAT on December 17, 2024, at 17:00 (UTC+8), and open trading pairs with USDT, BNB, FDUSD, and TRY. Seed label trading rules apply. Binance will list PENGU on December 17, 2024, at 22:00 (UTC+8), and open trading pairs with USDT, BNB, FDUSD, and TRY. Seed label trading rules apply.
CAT HODLer airdrop total token amount: 1,143,000,000,000 CAT (12.7% of the maximum token supply); PENGU HODLer airdrop total token amount: 2,666,666,666.64 PENGU (3% of the maximum token supply).
Avalanche: The Avalanche9000 upgrade has been launched on the mainnet
According to The Block, Avalanche has announced the launch of the Avalanche9000 upgrade, which significantly reduces the costs of deploying 'subnet' blockchains and running smart contracts while optimizing the validation model and reducing basic fees on the C chain (from 25 nAVAX to 1 nAVAX). This upgrade supports independent chain operation through the 'Etna' module, significantly reducing project startup costs and meeting various regulatory requirements. The Avalanche Foundation previously raised $250 million to support the upgrade deployment, and hundreds of tier-one blockchains are expected to go live in the coming months.
Grayscale Horizen Trust has been opened to qualified accredited investors
Aave contributors suggest Aave exit the Polygon PoS chain due to Polygon's 'high-risk' bridging proposal
Lido on the Polygon network will officially cease operations in the coming months
According to the official blog, the liquid staking protocol Lido announced that it will officially stop using Lido on the Polygon network in the coming months. After extensive DAO forum discussions and community voting, LDO token holders requested to halt Lido on the Polygon protocol, and this process will begin soon. Lido stated that the strategic refocus on Ethereum and the lack of scalability in Polygon POS are the reasons for discontinuing Lido on the Polygon network.
Regarding the Sunset process: ① On December 16, 2024: Lido staking on the Polygon network will cease, and no new staking will be accepted through the UI; ② From December 16, 2024, to June 16, 2025: a six-month transition period during which users can withdraw through Lido on the Polygon UI; ③ From January 15 to January 22, 2025: the protocol will pause and then resume operation; no withdrawals can be processed during this period. ④ On June 16, 2025: front-end support ends, and after this date, withdrawals can only be made through browser tools.
Vana announces it has completed the airdrop for the testnet community rewards
The decentralized AI data liquidity network Vana stated on platform X that it has completed the airdrop for the testnet community rewards. Users can check the airdrop by adding the Vana network to their wallets.
Ethena has launched a new stablecoin product, USDtb, with reserves invested in BlackRock's BUIDL
USDtb has similar characteristics to existing fiat stablecoins (such as USDC or USDT), using cash or cash equivalents as reserves, supporting each token on a 1:1 basis. Users can transfer USDtb freely and without restrictions. Since it uses BlackRock's BUIDL as the main reserve asset, USDtb can scale without actual limitations, with the vast majority (90%) being part of total reserves, which is the highest BUIDL allocation among all stablecoins.
Pudgy Penguins: PENGU tokens will be open for redemption at 21:00 on December 18
NFT project Pudgy Penguins CEO Luca Netz announced an ecosystem update stating that PENGU tokens will be open for redemption at 21:00 Beijing time on December 18, with holders of Pudgy Penguins, Lil Pudgys, Rogs, and SBTs eligible to participate. The redemption period will last for 88 days, and unclaimed tokens will be permanently locked and destroyed after the deadline.
Riot Platforms increased its holdings by 667 BTC, raising its total assets to $1.8 billion
Bitcoin mining company Riot Platforms announced it will use the proceeds from the recently issued $594 million convertible bonds at a 0.75% interest rate to purchase 667 bitcoins at an average price of $101,135 per bitcoin (costing approximately $67.457 million). This acquisition increases its total bitcoin holdings to 17,429, with a total market value of about $1.8 billion at the current market price of $17,429 per bitcoin. Through this acquisition and mining production from the beginning of the year to date, Riot's BTC yield is 36.7% for the quarter to date and 37.2% year to date.
US-listed Semler Scientific spent $21.5 million to increase its holdings by 211 BTC
Eric Semler, founder of US-listed Semler Scientific, disclosed on platform X that the company has spent $21.5 million to acquire 211 BTC, holding 2,084 bitcoins as of December 15, 2024, at an acquisition price of approximately $168.6 million, averaging $80,916 per bitcoin.
Microstrategy spent about $1.5 billion to further increase its holdings by 15,350 bitcoins
Michael Saylor, co-founder and executive chairman of Microstrategy, stated on platform X that MicroStrategy has spent about $1.5 billion (at about $100,386 per bitcoin) to increase its holdings by 15,350 bitcoins, achieving a total quarterly return of 46.4% and an annual return of 72.4%. As of December 15, 2024, MicroStrategy holds 439,000 bitcoins, purchased at around $61,725 per bitcoin, valued at approximately $27.1 billion.
ZachXBT: LastPass attackers stole about $5.36 million from over 40 addresses
According to on-chain detective ZachXBT, today LastPass attackers stole approximately $5.36 million from over 40 victim addresses. The stolen funds were exchanged for ETH and then transferred from Ethereum to the Bitcoin network through instant exchanges.
An address transferred 4,994,000 UNI to Coinbase Prime half an hour ago
According to Yu Jin monitoring, an address related to the Uniswap team/investors/advisors transferred 4,994,000 $UNI (approximately $80.25 million) to Coinbase Prime half an hour ago. This address obtained 9 million $UNI during the Uniswap token generation event (TGE) in September 2020, marking its first token transfer. After the transfer, the address still holds 4,006,000 $UNI (approximately $64.29 million).v
MicroStrategy's bitcoin holdings currently show a floating profit of over $19.6 billion
Since the issuance of the Hype token, Hyperliquid's network has seen a net inflow of $1 billion USDC
The FARTCOIN token on Solana is currently the largest AI Meme coin by market cap across all chains
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