Selected News Highlights

1. The latest US CPI and unemployment data will be released at 21:30 tonight.

2. Chinese meme tokens on the BSC chain bucked the trend and rose, with "Hakimi" seeing a 24-hour increase of approximately 20%.

3. Buildlpad launches a yield product offering an 8% annualized return.

4. The cryptocurrency market experienced a general decline, with new coins and coins from popular projects all falling in price.

5. Coinbase launches a customized stablecoin service, accessible through Coinbase's global distribution network.

Featured Articles

1. " Coinbase launches a custom stablecoin, Tempo releases new developer features—what's everyone talking about in the overseas crypto today? "

Over the past 24 hours, the crypto market has continued to evolve across multiple levels. Mainstream topics focused on system-level upgrades of major platforms and the compliant expansion of prediction markets, while institutions continued to advance their deployments in on-chain payments and securities infrastructure. In terms of ecosystem development, Solana strengthened its security and liquidity entry points, Ethereum L2 accelerated application deployment, and the Perp DEX sector maintained intense competition in the struggle for new features and governance.

2. Why are crypto projects no longer being acquired without the tokens?

Early the day before yesterday, the Interop Labs team (the initial developers of the Axelar Network) announced its acquisition by Circle to accelerate the development of its multi-chain infrastructure, Arc and CCTP. Logically, an acquisition should be a good thing. However, the further details provided by the Interop Labs team in the same tweet caused a huge uproar. They stated that the Axelar network, foundation, and AXL token will continue to operate independently, and its development will be taken over by CommonPrefix.

On-chain data

On-chain fund flow on December 18th