DeFi liquidity protocol Balancer announced that it will launch Balancer v3 on December 11. Earlier news, Balancer announced that it will launch Balancer v3, and the new version will introduce important updates to improve protocol efficiency and user experience. Planned improvements include fee optimization, enhanced pools, and simplified fee models, aiming to provide sustainable value for LPs, veBAL holders, and DAOs.

On December 6, the Hong Kong government announced the highly anticipated Stablecoin Bill. This legislation provides a detailed regulatory framework for issuers of fiat-pegged stablecoins, aiming to make Hong Kong a leader in the global virtual asset sector.

Grayscale released a cryptocurrency industry classification framework, dividing the digital asset market into five major sectors: Currencies, Smart Contract Platforms, Financials, Consumer Culture, and Utilities Services. The report shows that despite the sharp rise in Bitcoin this year, the overall crypto asset category has shown a differentiated trend. Like the public stock market, the returns of cryptocurrencies are also integrated in certain tokens. Currencies include Bitcoin, XRP, and Litecoin; Smart Contract Platforms include Ethereum, Solana, and Cardano; Financials include Maker, Uniswap, and Aave; Consumer Culture includes ApeCoin, ImmutableX, and Sandbox; Infrastructure Services include Chainlink, Filecoin, and Lido.

The post Over $2.2 Million Worth of Memecoins Stolen in WallStreetBets X Account Hack appeared first on Coinpedia Fintech News WallStreetBet’s fraudulent breach on its X account led to the stealing of meme coins worth $2.2 million on the Solana blockchain. Blockchain sleuth ZachXBT stated that the exploit originated from X’s mobile application. $1,430,000 in PNUT tokens, $400,000 in ZEREBRO... source: https://coinpedia.org/crypto-live-news/over-2-2-million-worth-of-memecoins-stolen-in-wallstreetbets-x-account-hack/

The Jianhu County Procuratorate of Jiangsu Province recently organized police officers to go deep into communities and streets to distribute brochures, explain the main forms of virtual currency crimes, and interpret the legal risks of virtual currency transactions in conjunction with a new type of criminal case handled by virtual currency transactions. In this case, three "post-95" guys used virtual currency transactions as a medium to engage in the "business" of buying and selling foreign exchange. In just a few months, they completed more than 650 transactions and exchanged nearly 30 million yuan in foreign exchange. After the Jianhu County Procuratorate filed a public prosecution, Lin and three others were recently sentenced to fixed-term imprisonment of five years to one year and six months for the crime of illegal business operations, and each was fined. The prosecutor reviewed and believed that Lin and three others used virtual currency as a medium to provide cross-border exchange and payment services to earn exchange rate differences. They used the special attributes of virtual currency to circumvent the state's foreign exchange supervision, affecting the effectiveness of foreign exchange management and the stability of legal exchange rates, disrupting the normal financial market order, and should be held criminally responsible for the crime of illegal business operations in accordance with the law. (Procuratorate Daily)

If you’ve worked in the propaganda sector, such as television or the media industry, you’ve never seen anything like it: It was a brilliant lesson for Trump, with Welker completely exposing his own stupidity.

Web3 identity and rewards platform Galxe has announced a new Ethereum Virtual Machine (EVM) upgrade for its Gravity blockchain and a $50 million fund. The fund is designed to boost the development of its recently launched Gravity network, an EVM-compatible Layer 1 network designed to help developers launch new user-centric applications and even subsidiary blockchains. Galxe has also provided an additional $5 million in developer funding for the network. The ecosystem fund is backed by venture capital including Dragonfly Capital, HashKey Capital, DAO5, and Lattice. In addition to the ecosystem fund, Galxe’s CTO Yumin Xia also announced the launch of Grevm 1.0, an open source parallel EVM built on “revm,” an EVM written in the Rust programming language that is designed to be simpler and more efficient than traditional EVMs. (Cointelegraph)

In a surprising announcement, President-elect Donald Trump has named David Sacks, ex-COO of PayPal and a prominent venture capitalist, as his chief adviser on artificial intelligence and cryptocurrency.

Nano Labs, a crypto mining chip design company, announced that it has signed an equity subscription agreement with "certain investors" to sell 5,611,459 shares of the company's Class A common stock in a private placement. The purchase price per Class A common share is $6.46, which is the average closing price of the 60 trading days before the signing of the subscription agreement, and the total purchase price of the private placement is approximately $36.25 million. The total purchase price will be paid in US dollars, Bitcoin and USDT. The transaction may be conducted in an asynchronous manner within 10 business days, subject to customary closing conditions.

In response to increasing sanctions and financial isolation, a Russian lawmaker has proposed the creation of a national Bitcoin reserve to safeguard the country's financial stability. The post Russian Lawmaker Proposes National Bitcoin Reserve to Combat Sanctions appeared first on Cryptodnes. source: https://cryptodnes.bg/en/russian-lawmaker-proposes-national-bitcoin-reserve-to-combat-sanctions/

null source: https://x.com/Bitcoinsensus/status/1866362264103567690

TON retests $6.50 support as network activity drops. Will the decline in new addresses hinder its rally? source: https://ambcrypto.com/toncoin-price-prediction-charting-tons-path-to-a-new-ath/

According to the official announcement, Binance Pool has officially launched Luckycoin (LKY) merged mining. Users can mine Litecoin (LTC) while receiving rewards of LTC, Dogecoin (DOGE), Bellscoin (BEL) and Luckycoin (LKY). During the event, Luckycoin (LKY) mining is free of handling fees. The event will run from 00:00 (UTC) on December 10, 2024 to 23:59 (UTC) on December 31, 2024. (This newsletter is generated with the assistance of AI)

Reddit has introduced Reddit Answers, an AI feature developed over six months to enhance user experience and reinforce the platform's competitive edge.

Eric Trump, the second son of U.S. President-elect Donald Trump, said a set of “sensible” regulatory guidelines could help the United States become a cryptocurrency superpower.

Microsoft, BTC, BlackRock, 11 hours later, will Microsoft invest in Bitcoin? What are the voters' attitudes? Golden Finance, is the market crash intended to take Microsoft aboard?

Stablecoins, stablecoin payment track: Who is the real winner? Golden Finance, the trend of the stablecoin market and which parts will generate the greatest value

In an exclusive interview, Morgan Creek Capital CEO Mark Yusko shares his cryptocurrency predictions for 2025, including Bitcoin’s growth potential and the outlook for altcoins.

Floki is one of a growing number of cryptocurrency companies that have issued their own regional payment cards that allow users to spend cryptocurrencies.

World playfully criticised Spotify’s privacy practices by parodying its Wrapped feature, highlighting its own anonymous identity service, World ID. Using biometric scanning, World ID ensures secure verification, but the company faces privacy concerns and regulatory challenges globally.