⏰What happened in Crypto in the last ~24h: - US Unemployment Rate(UNRATE): 4.6% - SEC Has Concluded 4-Year Investigation into the $AAVE - Fed chair interviews are set to continue this week with Trump meeting Chris Waller - $GRS Upbit, Bithumb De-Listing - $THQ Coinbase Spot Listing - $MERL Coinbase International Perpetual Listing - PancakeSwap Incubates Probable on BNB Chain with YZi Labs - BNB Stablecoin Project, $U on Dec 18 - Japan's SBI Holdings Launches Yen-Pegged Stablecoin with Startale - Visa Launches USDC Settlement in the US - Tether Leads $8M Strategic Investment in Speed Inc. - RedotPay Raises $107M Series B Round Led by Goodwater Capital - $VOOI TGE at Dec 18 - $RNBW TGE at Feb 5, 2026 - $FUN Sale is Live on Both Legion and Kraken Launch - The crypto VC firm that quietly went away: Shima Capital. • Nick Timiraos of WSJ said, On an unrounded basis, the unemployment rate rose to 4.564% in November, up 12 bps from 4.440% in September. Powell last week said the Fed thought its policy setting was one where the unemployment rate would stabilize or "only kick up one or two more tenths.". Enough to validate the cuts done so far But not alarming enough on its own to force a January cut • Pro-crypto Fed Governor Christopher Waller is reportedly set to interview with Trump tomorrow for the Fed chairmanship. The president has already met with the two rumored front-runners for the role, Kevin Warsh and Kevin Hassett, both of whom Trump believes would push aggressive reforms at the central bank. • $GRS - Upbit and Bithumb has announced that Groestlcoin(GRS) will be de-listed on spot market on Jan 16, 06:00 UTC+0. • $THQ - Coinbase has announced that Theoriq (THQ) will go live on 16 December 2025. The opening of our THQ-USD trading pair will begin later today if liquidity conditions are met, in regions where trading is supported. • $MERL - Coinbase has announced that Merlin Chain (Merl) will go live on 18 December 2025. The opening of our MERL-PERP market will begin on or after 9:30 am UTC, if liquidity conditions are met, in regions where trading is supported. • PancakeSwap has revealed plans to co-incubate Probable, a BNB Chain-based onchain prediction market protocol developed alongside YZI Labs, enabling users to place bets on sports, politics, crypto, and major events by depositing any asset—automatically converted to USDT—with UMA oracles powering the price feeds. • $U, a unified and institution-ready stablecoin for on-chain finance—United, Inclusive, and Fluid—launches on December 18, as announced and reposted by the BNB Chain X account and CZ. • SBI Holdings, a Tokyo-listed financial conglomerate, has entered into a partnership with blockchain firm Startale Group to launch a Japanese yen-denominated stablecoin. The two companies will leverage SBI's established position as a primary financial institution in Japan and Startale's Web3 experience, including its role in co-developing the Sony-backed Soneium network. • Visa has launched USDC settlement in the United States, enabling U.S. banks and partners like Cross River Bank and Lead Bank to settle transactions directly with Visa using Circle's USDC stablecoin on the Solana blockchain, marking a major milestone in stablecoin integration for faster, always-on payments. • Tether has led an $8M strategic investment in Speed Inc., a payments infrastructure platform that enables instant global settlements using the Bitcoin Lightning Network and stablecoins, processing over $1.5B in annual volume for 1.2M users and businesses via Speed Wallet and Speed Merchant • RedotPay, a Hong Kong-based fintech focused on stablecoin-based payments, has raised $107 million in a Series B funding round, as the company reports growing transaction volumes and user adoption. The round was led by consumer-focused venture firm Goodwater Capital, with participation from Pantera Capital, Blockchain Capital and Circle Ventures, alongside existing backers including HSG (formerly Sequoia Capital China). • $VOOI - VOOI's upcoming airdrop incentivizes consistent active traders, contributors, and adopters who stayed vocal and fair, with token claims for eligible real traders and community voices opening on December 18 at 12:00 PM UTC. Eligible airdrop participants will receive the allocated portion of $VOOI tokens on the date of the TGE. • $RNBW - Rainbow's $RNBW TGE is scheduled for February 5, 2026, chosen to align multiple workstreams, ensure accountability amid industry delays, confirm the Foundation as the largest shareholder on behalf of holders, and achieve post-TGE readiness with public-company-level IR practices. • $FUN - http:/Football.Fun's public token sale, running from December 16 at 1PM UTC to December 18 at 1PM UTC with a $60M FDV and $3M softcap, allocates based on merit signals like long-term SDF supporters, active contributors, and sustained project backers on Legion, while verified Kraken users access via the exchange's interface, featuring 50% TGE unlock and 50% linear vesting over 6 months. • 3 weeks ago, the SEC filed a complaint against Shima Capital and its founder Yida Gao, alleging he "engaged in a scheme to defraud" certain investors. Screenshots of an email Gao sent to portfolio company founders, shared with me by a source familiar with the situation, show that Gao is stepping down from his role and winding down the fund. According to the SEC, a marketing pitch deck allegedly stated that "one of Gao’s prior investments had generated a 90 times return," "when he actually earned a 2.8 times return." *********************************** 💞 Please Like + Retweet if you enjoy this ➬ Follow me @layerggofficial, TG: t.me/layergg 📷 Sharing is welcome, just a nod to the source would be appreciated.

Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content




