Selected News:

1. Bitcoin Core developer: "Mingwen" is using a vulnerability in Bitcoin Core to send spam messages to the blockchain.

2. UNI, DYDX, and T are among the top Smart Money inflows in the 24-hour ranking.

3. The total market value of cryptocurrencies has rebounded above $1.65 trillion.

4. In the past hour, the entire network has experienced a liquidation of $24.47 million, with ORDI liquidating $3.66 million.

5. Ordinals Founder: Currently, all Runes protocols are not related to me.

Price Observation

BSSB 24-hour increase nearly 60%, currently reported at $3.0985

According to market data, BSSB rose to touch 3.1378 US dollars before falling back, and is now priced at 3.0985 US dollars, with a 24-hour increase of 59.34%.

MUBI 24-hour surge nearly 55%, currently trading at $0.09564

According to market data, MUBI rose to touch 0.09605 US dollars before falling back, and is now priced at 0.09564 US dollars, with a 24-hour increase of 54.91%.

ORDI touched $50 on the downside, falling nearly 8% in the short term.

According to market data, ORD1 has dropped to $50 and is currently trading at $52.405, with a 15-minute decline of 7.81%.

Dogecoin rose more than 10% in 24 hours, reaching $0.09945

According to OKX market data, Dogecoin (DOGE) rose to touch 0.09945 US dollars before falling back, and is now priced at 0.09911 US dollars, with a 24-hour increase of 10.18%.

MAD LADS floor price breaks 220 SOL, 24-hour increase of 18.89%According to market data, the MAD LADS NFT floor price has broken through 220 SOL, with a 24-hour increase of 18.89%. The 24-hour trading volume has reached 38,355 SOL, and the total trading volume has reached 2,153,949 SOL.

Atomicals ecosystem token ATOM short-term price breakthrough $5, creating a new historical highAccording to Atomicals Market data, the price of Bitcoin Atomicals ecosystem token ATOM has briefly surpassed $5, with a 24-hour increase of 14.58%, reaching a new all-time high.

BlockBeats Note: The minting cost of ARC-20 tokens is relatively low, and the vast majority of the tokens themselves currently have no use cases. Users should exercise caution and carefully evaluate the risks involved.

JTO Futures has launched Aevo, currently trading at $0.697

The options and perpetual contract trading agreement Aevo has been launched on JTO Pre-Launch Futures, and currently JTO is trading at 0.697 USD.

Earlier, Jito Labs, the MEV infrastructure developer for the Solana ecosystem, announced that users can check the eligibility of Solana wallet addresses.

JTO has a total supply of 1 billion tokens, of which 100 million JTO (10%) will be airdropped retrospectively to the community. Within the 10% airdrop allocation (100 million tokens), 15% (15 million tokens) will be distributed to Jito-Solana validators, 5% (5 million tokens) will be allocated to Jito MEV searchers, and 80% (80 million tokens) will be distributed to JitoSOL users (who hold at least 100 points before November 25, 2023). Currently, users can verify their Solana wallet address eligibility, and once the airdrop is live, they can initiate the JTO token claiming process on the official website.

BCH briefly touched $260, with a 24-hour increase of 6.61%.

According to OKX market information, BCH briefly touched $260 and is currently priced at $257.5, with a 24-hour increase of 6.61%.

BONK 24-hour surge over 35%, hitting a new all-time high

According to CoinGecko market data, the Solana ecosystem's Meme token BONK has seen a 35.1% increase in the past 24 hours, with a current price of 0.00000847 USD, reaching a new all-time high.

THETA short-term rise over 8%, currently priced at $1.197

According to OKX market information, THETA has risen more than 8% in the short term and is currently priced at $1.197.

The proposal of "regularly selling DOT from the treasury to pay Technical Fellowship members' salaries" in Polkadot has been approved.

The Polkadot OpenGov Proposal #231 has been voted and approved. The proposal suggests using the HydraDX trading platform within the Polkadot ecosystem to periodically convert a portion of the treasury's DOT holdings into USDT, accumulating USDT to be used for paying Technical Fellowship members.

LBank has reached a strategic partnership with the University of Illinois Urbana-Champaign to jointly promote a quantitative trading education project.

LBank announced that it has established an important strategic partnership with the College of Finance at the University of Illinois at Urbana-Champaign (UIUC) in the United States. The partnership was officially finalized on November 28, 2023 and became effective on December 1, 2023.

Bounce Finance has upgraded its brand to Bounce Brand.

Bounce Finance, a decentralized auction platform, announced a brand upgrade to Bounce Brand. Its products include Bounce Bit (a Bitcoin-based application chain), Bounce Box (exploring BTC DeFi), and Bounce Auction.

Impossible Finance will deploy Launchpad on the Ronin network and allocate staking rewards in tokens such as RON

DeFi protocol Impossible Finance announced that it will deploy Launchpad on the Ronin network to release Web3 game project assets. At the same time, Impossible Finance stated that products released on Launchpad may require the use of tokens such as RON, AXS, and IDIA for staking and distribution.

Lido community proposes to adopt the xERC20 open standard for full-chain circulation of wstETH

Lido community has initiated a new proposal suggesting that DAO consider adopting xERC20 (cross-chain token standard) and use it for wstETH. The next step of this proposal is to discuss the standard and implementation process (including the whitelist process) within the Lido community. If the community supports this proposal early on, the first temperature check will be proposed in January 2024.

xERC20 is an open cross-chain standard (EIP 72816) that allows any cross-chain bridge to work with Lido, allowing Lido DAO to whitelist specific bridges and grant them the right to mint cross-chain tokens in the same representation.

Aevo launches aeUSD, a stable yield-based collateral asset.

Aevo, an options and perpetual contract trading protocol, announced the launch of aeUSD, a yield-bearing stable-denominated collateral asset. Users can trade with 20x leverage and earn a 4.75% annualized return on the trading platform margin.

aeUSD is an ERC-4626 asset composed of 5% USDC and 95% sDAI. aeUSD generates income by depositing sDAI into Maker DAO's Dai Savings Rate (DSR) module, and sDAI earns income through treasury bills and Maker stability fees.

CeFi Information

Bitget has launched a year-end contract trading competition and registration is now open.

Bitget launches the year-end contract trading competition. The competition will take place from December 6th 10:00 to December 19th 23:59:00. This event offers multiple rewards including CFMOTO motorcycles, iPhone15 512G, Huawei Watch Ultimate, Razer gaming chairs, and BGB.

It is reported that Bitget has held 1198 matches and the total reward amount has reached 120 million US dollars.

Upbit: ATOM deposit and withdrawal temporarily suspended due to Cosmos network upgrade

According to the official announcement from Upbit, ATOM deposits and withdrawals are temporarily suspended due to the Cosmos network upgrade. They will resume once the stability of the ATOM network upgrade is confirmed on December 13, 2023 at 17:00.

Coinbase has increased the maximum leverage for perpetual futures trading to 10x.

The Coinbase international trading platform announced on X that it will increase the leverage for perpetual futures trading on Coinbase International Exchange and Coinbase Advanced. All listed perpetual futures contracts now have a maximum leverage of 10x.

Binance announced the solution to the abnormal price fluctuation of AEUR spot trading.

Binance has announced the solution to the abnormal price fluctuations of the AEUR stablecoin in spot trading. The compensation plan is as follows:

Compensation user scope: Users who bought AEUR through the AEUR/USDT, BTC/AEUR, ETH/AEUR, and EUR/AEUR spot trading pairs during the compensation period from 01:41:16 on December 06, 2023 (GMT+8) to 02:31:59 on December 06, 2023 (GMT+8), and have not successfully sold AEUR on the Binance spot platform before 02:31:59 on December 06, 2023 (GMT+8).

Compensation will be provided to relevant users who hold AEUR positions from net buying during the compensation period, based on the AEUR price (1 AEUR = 1.07999 USDT) on Binance spot platform at 01:41 on December 6, 2023 (GMT+8).

Payout calculation method: Payout for a single eligible user = (User's net purchase amount of AEUR * User's average purchase price of AEUR) - (User's net purchase amount of AEUR * 1.07999 USDT).

Bitget launches RATS special event

Bitget has launched a RATS exclusive limited-time event, which runs from December 6th 16:00 to December 19th 23:59:59 (UTC+8).

During the event, trading fees will be 100% refunded and deposits will receive a 10% BGB rebate, as well as exclusive RATS financial management activities.

It is reported that HongKongDAO has issued a Hong Kong dollar token called "HKD" or "HongKongDAO" (HKD token), which can be purchased on the HongKongDAO website. HongKongDAO claims that its regulated activities are inconsistent with the facts. BitCuped claims on its website that "Laura Cha" and "Nicolas Aguzin" serve as chairman and CEO of BitCuped, respectively, but in fact they have no affiliation with BitCuped. Laura Cha is the chairman of Hong Kong Exchanges and Clearing Limited (Hong Kong Stock Exchange). Nicholas Aguzin is the executive director and CEO of the Hong Kong Stock Exchange.

Do Kwon appeals against extradition ruling by Montenegro court

According to Digital Asset, Do Kwon, co-founder of Terraform Labs, has appealed the extradition decision of the Podgorica High Court in Montenegro. The Montenegrin Court of Appeals must review the decision to extradite Do Kwon.

Due to the decision of the Montenegrin court on June 15 to detain and extradite Do Kwon until December 15, it is expected that the Montenegrin Ministry of Justice will decide on the country to which Do Kwon will ultimately be deported before December 15.

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