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.

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.

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)

Naval Ravikant, a well-known Silicon Valley angel investor who has previously invested in multiple crypto projects, said in an article on X: “Bitcoin is used to protect wealth, Ethereum is used for investment, Solana is used for gambling, and Zcash is used for consumption.”

The pullbacks in the crypto market will be a “buy a dip” scenario for “much longer than everyone expects,” according to Syncracy Capital co-founder Daniel Cheung. source: https://cointelegraph.com/news/crypto-buy-the-dip-moments-last-longer-hedge-fund-daniel-cheung?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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

11月29日、RWA（Real World Asset）ビジネスに関わる事業者やステークホルダーを対象としたオープンセミナー「RWAビジネスの最新動向と発展に向 ... The post RWAトークンの新たなユースケースを探る──ガイドライン作成に向け、JCBAがセミナー開催【レポート】 first appeared on CoinDesk JAPAN（コインデスク・ジャパン）. source: https://www.coindeskjapan.com/265925/

According to Odaily, Ethereum developer Ryan Berckmans has shared his thoughts on Max Resnick's recent departure from the Ethereum core development community. Berckmans expressed satisfaction with Resnick's move, noting that critics like Resnick often argue that Ethereum should emulate Solana. However, Berckmans believes that Ethereum has already reached its peak through its Layer 2 scaling strategy and does not need to alter its approach. Berckmans highlighted that Solana is attempting to acquire what Ethereum already possesses, such as client diversity, genuine protocol specifications, a robust research community, and substantial on-chain capital. He pointed out that Solana is making significant efforts to become more like Ethereum, which is ironic given Resnick's previous assertions that Ethereum should become more like Solana. Despite Solana's financial resources, Berckmans argued that they cannot purchase decentralization, describing Solana as a well-funded paper tiger. He concluded that this situation is unsurprising and fitting for Resnick.

بمكاسب 50 دولار زيادة فى سعر أوقية الذهب تحركت الاسعار فى بداية تداولات هذا الاسبوع بزخم قوى من تزايد التوترات الجيوسياسية فى منطقة الشرق الاوسط. هذا الشارت من منصة tradingview قفز مؤشر سعر الذهب بالامس الى مستوى المقاومة 2676 دولار للاونصة قبل أن يستقر حول مستوى 2658 دولار للاوقية فى بداية تداولات اليوم الثلاثاء. وحسب … The post تحليل الذهب اليوم. أستقرار صعودى للاسعار بزخم من التوترات... source: https://www.tradersup.com/%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d8%a7%d8%aa-%d9%81%d9%86%d9%8a%d8%a9/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d9%81%d9%86%d9%8a-%d8%b3%d8%b9%d8%b1-%d8%a7%d9%84%d8%b0%d9%87%d8%a8-%d8%a7%d9%84%d9%8a%d9%88%d9%85/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d8%a7%d9%84%d8%b0%d9%87%d8%a8-%d8%a7%d9%84%d9%8a%d9%88%d9%85-%d8%a3%d8%b3%d8%aa%d9%82%d8%b1%d8%a7%d8%b1-%d8%b5%d8%b9%d9%88%d8%af%d9%89-%d9%84%d9%84%d8%a7%d8%b3%d8%b9/139207

Modular L1 network U2U Network has officially entered the hardware market and will launch its first product UPhone. This move marks the start of U2U Network's strategic layout to deeply integrate blockchain with physical infrastructure through DePIN hardware. The launch of UPhone aims to solve long-standing core problems in the blockchain field, including scalability and user-friendliness. In addition, the innovation is supported by JDI Ventures, a DePIN investment fund under blockchain hardware company JDI Global. Earlier news, U2U Network completed US$13.8 million in financing, with participation from KuCoin Ventures, Chain Capital, IDG Blockchain, Cointelegraph, V3V, JDI Ventures, Tesseract, IBG, Blockhive, Maxx Capital, UB Ventures and others. The funds raised will support the continued development of U2U Network Subnet technology. (Cointelegraph)

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.