UK plans to ban public offerings of cryptocurrencies
According to CoinDesk, the UK Financial Conduct Authority (FCA) stated in a document on the upcoming cryptocurrency regulatory framework that the UK plans to ban public offerings of cryptocurrencies. The government will enact laws to prohibit the public offering of cryptocurrencies, which will be based on the UK's promotion rules, prohibiting unregistered cryptocurrency companies from reaching out to UK customers. Only crypto asset trading platforms and products that meet the exemption criteria will not be subject to this restriction.
US SEC has issued a Wells notice to crypto investment firm Unicoin
NFT project CyberKongz says it has received a Wells notice from the US SEC
FTX announces: Court-approved Chapter 11 reorganization plan to take effect on January 3, 2025
According to the FTX announcement, its court-approved Chapter 11 reorganization plan will take effect on January 3, 2025, and will be set as the record date for the initial distribution. The initial distribution is expected to be completed within 60 days after the effective date and will apply to the allowed claims in the convenience class. FTX has partnered with BitGo and Kraken to assist in the distribution of recovery funds to customers and creditors. Distribution requirements include completing KYC verification, submitting tax forms, and interfacing with the designated service providers.
21Shares XRP Trust has been registered in the US state of Delaware
OpenAI: ChatGPT search feature now open to all free users
According to the OpenAI announcement, the ChatGPT search feature has received a major update and is now gradually being opened to all free users. This update includes real-time search functionality, supporting the retrieval of the latest news, stock prices, and other dynamic content within minutes; a new advanced voice mode, which will be launched next week, allowing users to optimize their multi-round search experience through more natural voice interactions; the addition of map functionality on mobile platforms, supporting the viewing of nearby locations, route planning, and business information; and optimizations for Android, iOS, and other platforms, improving search efficiency by over 40%.
Coinbase will list Parcl (PRCL) trading on December 18 at 1 AM
According to the Coinbase announcement, Coinbase will support the Parcl (PRCL) token (SPL token) on the Solana network. Users should avoid transferring through other networks, as funds may be lost. The asset's transfer function is now open and available in regions where Coinbase and Coinbase Exchange support trading.
The PRCL-USD trading pair is planned to start trading at 1 AM Beijing time on December 18, 2024 (9 PM PT on December 17), subject to meeting liquidity conditions.
Ripple to launch its stablecoin RLUSD on December 17, with monthly verification thereafter
According to The Block, the launch date for Ripple's US dollar-pegged stablecoin is December 17. Ripple stated in a press release on Monday: "RLUSD will begin listing on global exchanges tomorrow. Each RLUSD token is fully backed by US dollar deposits, US government bonds, and cash equivalents." An independent auditing firm will be responsible for creating proof of the RLUSD reserve assets to increase transparency, with these proofs to be published monthly.
Binance HODLer Airdrop Launches Phases 4 and 5: Simon's Cat and Pudgy Penguins
According to the official announcement, the Binance HODLer Airdrop has launched Phases 4 and 5 - Simon's Cat (CAT) and Pudgy Penguins (PENGU). From December 09, 2024 08:00 to December 13, 2024 07:59 (UTC+8), users who purchase Binance Earn's fixed and/or flexible products using BNB will receive airdrop allocations. HODLer Airdrop information is expected to be online within 12 hours, and the new tokens will be distributed to users' spot wallets 1 hour before trading starts.
Binance will list CAT on December 17, 2024 17:00 (UTC+8) and open trading pairs with USDT, BNB, FDUSD, and TRY. Seed label trading rules will apply. Binance will list PENGU on December 17, 2024 22:00 (UTC+8) and open trading pairs with USDT, BNB, FDUSD, and TRY. Seed label trading rules will apply.
CAT HODLer Airdrop total tokens: 1,143,000,000,000 CAT (12.7% of the maximum token supply); PENGU HODLer Airdrop total tokens: 2,666,666,666.64 PENGU (3% of the maximum token supply).
Avalanche: Avalanche9000 upgrade has been deployed on the mainnet
According to The Block, Avalanche has announced the launch of the Avalanche9000 upgrade, which significantly reduces the cost of deploying "subnets" (sovereign blockchains) and running smart contracts, while optimizing the validation mode and reducing the C-Chain base fee (from 25 nAVAX to 1 nAVAX). This upgrade supports chain-independent 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 deployment of the upgrade, and hundreds of Layer 1 blockchains are expected to launch in the coming months.
Grayscale Horizen Trust now open to qualified accredited investors
Lido on Polygon network to be officially deprecated in the coming months
According to the official blog, the liquid staking protocol Lido has announced that Lido on the Polygon network will be officially deprecated in the coming months. After extensive DAO forum discussions and community voting, LDO token holders have requested the termination of the Polygon protocol, and this process will begin soon. Lido stated that the strategic focus on Ethereum, as well as the lack of scalability of the Polygon PoS, are the reasons for the deprecation of Lido on the Polygon network.
Regarding the sunset process: ① December 16, 2024: Lido staking on the Polygon network will stop, and no new staking will be accepted through the UI; ② December 16, 2024 - June 16, 2025: A six-month transition period, during which users can withdraw through the Polygon UI's Lido; ③ January 15, 2025 - January 22, 2025: The protocol will be paused and then resumed, during which no withdrawals can be processed; ④ June 16, 2025: Front-end support will end, and after this date, withdrawals can only be made through browser tools.
Vana announces completion of airdrop for testnet community rewards
The decentralized AI data liquidity network Vana has stated on the X platform that it has completed the airdrop of testnet community rewards. Users can check the airdrop by adding the Vana network to their wallets.
Ethena launches new stablecoin product USDtb, with reserve funds invested in BlackRock's BUIDL
USDtb shares similar characteristics to existing fiat-backed stablecoins like USDC or USDT, being backed by cash or cash equivalents at a 1:1 ratio. Users can freely and without restriction transfer USDtb. Due to the use of BlackRock's BUIDL as the primary reserve asset, USDtb can be scaled without actual constraints, with BUIDL accounting for the vast majority (90%) of the total reserves, the highest BUIDL allocation among all stablecoins.
Pudgy Penguins: PENGU token to be claimable starting December 18 at 9 PM
Pudgy Penguins CEO Luca Netz has announced an ecosystem update, stating that the PENGU token will be claimable starting at 9 PM Beijing time on December 18. Pudgy Penguins, Lil Pudgys, Rogs, and SBT holders can participate, with an 88-day claim period, after which unclaimed tokens will be permanently locked and burned.
Riot Platforms Increases Holdings by 667 BTC, Total Holdings Reach $1.8 Billion
Bitcoin mining company Riot Platforms announced that it used the proceeds from its recent $594 million, 0.75% convertible bond issuance to purchase 667 BTC at an average price of $101,135 per BTC (for a total of approximately $67.45 million). This acquisition increases its total BTC holdings to 17,429 BTC, which at the current market price of $17,429 per BTC, is worth approximately $1.8 billion. Through this acquisition and its mining production since the beginning of the year, Riot's BTC cost basis has a quarterly return of 36.7% and a year-to-date return of 37.2%.
Publicly-Listed Company Semler Scientific Invests $21.5 Million to Acquire 211 BTC
Semler Scientific, a publicly-listed company, disclosed on X platform that the company has acquired 211 BTC for $21.5 million, bringing its total BTC holdings to 2,084 BTC as of December 15, 2024, at an average price of $80,916 per BTC, for a total of approximately $168.6 million.
Microstrategy Invests Approximately $1.5 Billion to Acquire an Additional 15,350 BTC
Microstrategy co-founder and executive chairman Michael Saylor stated on X platform that the company has invested approximately $1.5 billion (at an average price of $100,386 per BTC) to acquire 15,350 BTC, achieving a quarterly total return (QTD) of 46.4% and a year-to-date total return (YTD) of 72.4%. As of December 15, 2024, Microstrategy holds 439,000 BTC, acquired at an average price of $61,725 per BTC, worth approximately $27.1 billion.
ZachXBT: LastPass Attacker Steals Approximately $5.36 Million from Over 40 Victim Addresses
According to on-chain investigator ZachXBT, the LastPass attacker has stolen approximately $5.36 million from over 40 victim addresses. The stolen funds were converted to ETH and then transferred from the Ethereum network to the Bitcoin network through instant exchange platforms.
An Address Transferred 4.994 Million UNI to Coinbase Prime 30 Minutes Ago
According to Ember Monitoring, an address associated with the Uniswap team/investors/advisors transferred 4.994 million $UNI (approximately $80.25 million) to Coinbase Prime 30 minutes ago. This address received 9 million $UNI during the Uniswap token generation event (TGE) in September 2020, and this is the first time it has transferred out any tokens. After the transfer, the address still holds 4.006 million $UNI (approximately $64.29 million).
MicroStrategy's Bitcoin Holdings Currently Have Unrealized Gains of Over $19.6 Billion
Hyperliquid's Network Has Seen a Net Inflow of $1 Billion USDC Since the Launch of Its Hype Token
FARTCOIN on Solana is Currently the Largest AI Meme Coin by Market Cap Across All Chains
PANews APP Function Update, Download and Experience It Now!
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