- The Federal Reserve keeps interest rates unchanged; ARK Invest has reduced its Coinbase stock holdings by more than $120 million this month (12.14)
headlines
The Federal Reserve kept interest rates unchanged, with the benchmark interest rate at 5.25% -5.50%
The Federal Reserves 2023 annual interest rate resolution concluded with the decision to keep the benchmark interest rate unchanged at a range of 5.25% -5.50%, in line with expectations. In eight meetings this year, the Fed has raised rates by 25 basis points four times and kept rates unchanged four other times. (Golden Ten)
ARK Invest has reduced its Coinbase holdings by more than $120 million this month
ARK Invest has reduced its holdings of more than $120 million in Coinbase shares this month, based on Tuesdays closing price of Coinbase (COIN) ($139.62). ARK Invest has been underweight Coinbase stock for three consecutive days through Tuesday, and has been underweight on all but two trading days this month.
Ouyi OKX market shows that BTC rose to 43,500 USDT in the short term early this morning and then fell back. It is now trading at 42,843.8 USDT, with a 24 H increase of 3.51%.
The current negative premium rate of Grayscale GBTC has narrowed to 9.48%
Coinglass data shows that the current negative premium rate of Grayscale GBTC is 9.48%, the negative premium rate of ETH Trust is 13.73%, and the negative premium rate of ETC Trust is 25.01%.
Market changes
32,715 ETH transferred from unknown address to Binance, worth $72.33 million
According to Whale Alert monitoring, 32,715 ETH were transferred from unknown addresses to Binance, worth $72.33 million.
A user has transferred a total of $31.8 million worth of BRC-20 SATS to Binance.
According to Lookonchain monitoring, since Binance launched BRC-20 SATS, $189 million worth of SATS has been transferred in, and a user has transferred a total of $31.8 million worth of SATS to Binance through eight addresses.
A smart money address made over $4.66 million in profit by buying low and selling some TRB high.
According to JieData monitoring, a smart money address made a profit of approximately US$4,666,088 after buying some TRB at a low point and selling some TRB at a high point. Currently, the address still holds approximately 29,999 TRB.
FTX/Alameda address transferred over $10 million in tokens to CEX
According to Paidun’s monitoring, the FTX/Alameda address transferred over $10 million worth of tokens to CEX, including 50 million BOBA (approximately $8.7 million) to Coinbase Prime and 1.25 million JOE (approximately $8.7 million) to Binance. 1.38 million US dollars) and 4 million QI (approximately 116,000 US dollars).
WLD briefly broke through 2.5 USDT and then fell back, with an increase of 1.2% in 24 H.
Ouyi OKX market shows that WLD briefly broke through 2.5 USDT and then fell back, now trading at 2.46 USDT, with a 24 H increase of 1.2%.
MUBI exceeded 0.1 USDT after being launched, an increase of 43.09%
Bitget market data shows that MUBI rose rapidly after being launched, breaking through 0.1 USDT and now trading at 0.10016 USDT, an increase of 43.09%.
The Binance Launchpool interface shows that 1.05 billion FDUSD have participated in Binance’s latest Launchpool (Fusionist), accounting for over 93% of the circulation. According to Coingecko data, the current circulating supply of FDUSD is 1.12 billion.
Upbit currently holds 19.76% of the total supply of STORJ, making it the largest holder
According to Scopescan monitoring, the STORJ token price has increased by 13.12% in the past day. On-chain data shows that Upbit currently holds 19.76% of the total supply of STORJ, making it the largest holder.
TK Research published an article on the
Industry news
The Hong Kong Securities and Futures Commission has released information on new licensees and registered institutions updated in November, which shows that C Capital Investment Management Limited, owned by Hong Kong real estate tycoon Adrian Cheng, has obtained licenses No. 4 and No. 9 issued by the Hong Kong Securities and Futures Commission.
Grayscale applies to SEC to register new GBTC advertisement for retail investors
Grayscale recently submitted a new registration document to the U.S. SEC and plans to expand its GBTC advertising activities for retail investors. The ad text reads: GBTC is the industry’s largest Bitcoin investment vehicle, allowing investors to gain exposure to Bitcoin within a familiar investment structure to benefit from its potential.
Three Arrows Capital co-founder Zhu Su was questioned for the first time in a Singapore court on Wednesday over the collapse of the cryptocurrency fund, which will help liquidators gather information as they seek to recover billions of dollars from creditors.
“I’m a fan of cryptocurrencies, but let me be very specific, it’s Bitcoin,” Howard Lutnick, CEO of Wall Street bond trading giant Cantor Fitzgerald, told CNBC’s Money Movers podcast.
Binance and its founder CZ have rebutted arguments surrounding an “investment contract” in response to a lawsuit filed by the U.S. SEC. Binance said in a filing on Tuesday that the SECs lawsuit focuses on transactions by customers who clicked on the website, purchased tokens from other anonymous token owners, and then logged out.
Vitalik published an article discussing the future prospects and challenges of ZK-EVM
Vitalik Buterin published an article discussing the concept of ZK-EVM and its possible implementation. The article points out that current Layer-2 EVM protocols (such as Optimistic Rollups and ZK Rollups) need to rely on the EVMs verification mechanism, but this also means that they must trust a huge code base. Once a vulnerability exists in the code base, these virtual machines may be at risk of being attacked. This means that even if ZK-EVM wants to remain fully L1-equivalent, there needs to be some form of governance to replicate L1 EVM changes into their own EVM implementation.
The United States will introduce its first accounting system for encrypted digital currencies. According to the new FASB system, cryptocurrencies will be measured at fair value. MicroStrategy, Tesla and Block are required to disclose high and low data on their cryptocurrency holdings. (Bloomberg)
The Bitwise Bitcoin Spot ETF is listed on the DTCC website under the symbol BITB
The Bitwise Bitcoin Spot ETF Bitwise Bitcoin ETF (symbol BITB) is listed on the DTCC (Depository Depository and Clearing Corporation) website with a Y in the Create/Redeem column.
Coinbase International Station will provide spot trading services
Coinbase will launch spot cryptocurrency trading on its international exchange as part of its global expansion. Coinbase said some users are wary of U.S. trading venues due to the countrys uncertain regulatory backdrop. Starting Thursday, institutional investors can trade BTC and ETH with USDC on the international platform, according to a Coinbase document. (Bloomberg)
Project News
Coinbase adds BONK to currency listing roadmap
According to official news, Coinbase has added Bonk (BONK) to the asset listing roadmap.
Worldcoin launches World ID 2.0, integrating Telegram, Reddit, MC and other applications
Worldcoin has announced the launch of World ID 2.0, with integrations with apps such as Reddit, Telegram, Shopify and Mercado Libre, which Worldcoin says will make it easier to distinguish between bots and verified humans online.
LessGas announces service fee reduction and temporary suspension of inscription casting
The BTC Layer 2 inscription casting platform LessGas stated on its official Existing users will be compensated with the new lower fee policy.
PancakeSwap announces that its domain name feature will be launched soon
PancakeSwap announced on its X platform official account that its Cake domain name will be launched soon. The project will launch a series of tasks together with SpaceID Protocol to allow users to obtain .cake domain name service registration as early as possible.
Arkham releases OKX DEX attack bounty plan
Arkham has announced the creation and funding of a bounty to help identify the individual or organization behind the recent OKX DEX exploit. According to it, today, a hacker exploited the management rights of an abandoned OKX DEX market maker contract on OKX DEX, causing losses of more than $2.7 million. This hacker has been linked to several hacks including LunaFi, Uno Re, RVLT, and others.
Galaxy seeks to partner with DWS and Flow Traders to launch Euro stablecoin AllUnity
Galaxy is seeking to partner with asset manager DWS and trading firm Flow Traders to introduce a stablecoin to accelerate the widespread adoption of on-chain assets. This forward-looking plan takes advantage of the opportunities provided by the European regulatory framework, but will ultimately be subject to approvals.
COTI Foundation Releases COTI V2: Privacy-Centric Ethereum L2
The COTI Foundation releases COTI V2 on the X platform: Privacy-centered Ethereum L2. COTI stated that as an EVM-compatible L2, COTI V2 will provide an easy-to-build developer-friendly ecosystem that brings privacy to Ethereum and protects sensitive data.
Investment and Financing
Web3 authentication platform Dynamic raises $13.5 million in funding, led by a16z and Founders Fund
Web3 authentication platform Dynamic announced the completion of $13.5 million in financing, led by a16z and Founders Fund. Dynamic aims to provide cryptocurrency and non-cryptocurrency companies with technology to create a seamless login experience powered by digital wallets. (FORTUNE)
Learning and earning platform Intract completes US$3 million in financing, led by Alpha Wave Global
The learning and earning platform Intract announced the completion of US$3 million in financing, led by Alpha Wave Global, with participation from BITKRAFT Ventures, Gumi Cryptos, Polygon Ventures, Tokentus, MoonPay, Web3 Studios, etc.
Andalusia Labs raises $48 million in Series A funding, led by Lightspeed Venture Partners
Andalusia Labs announced a $48 million Series A funding round led by Lightspeed Venture Partners, with participation from Mubadala Capital, Pantera Capital, Framework Ventures, Bain Capital Ventures and Digital Currency Group.
