On September 9th, DeBox, a Web3 social platform based on DID, announced its token economics for its native token BOX, with a total supply of 1 billion. The distribution is as follows:

Phillip Bankss, the creator of Chillguy's image, stated that his X account was stolen. Although he has regained control, hackers may have set up some scheduled tweets, or the account may not be completely safe yet. He called on the community to notify him promptly if they discover any abnormal content for him to handle.

Rune Christensen, co-founder of Sky, said that more efforts will be put into fully migrating MKR to SKY by 2025, partly to help eliminate confusion around MKR and SKY. Christensen stated that this will not put MKR holders' funds at risk, and "upcoming proposals will migrate as a requirement in order to obtain availability from the token." He added that updates and more details about the migration and conversion of MKR to SKY will be announced at some point in 2025. "Our goal is to ensure that CoinGecko and exchanges only support SKY, while MKR is just a traditional wrapper that represents 24,000 SKY per MKR," he added. Sky also plans to launch more subDAOs, or Stars, by 2025. Christensen said that the changes in SKY token economics, which make it deflationary, open the door for the new Star strategy, under which more subDAOs can be launched and have greater autonomy. As part of the new model, subDAOs will be launched together with a foundation that controls employee bonus pools and makes quick decisions.

According to a report from Bloomberg, Brian Quintenz, a policy chief at a16z, has become the top candidate for the chairmanship of the U.S. Commodity Futures Trading Commission (CFTC), and has already accepted an interview for the position.

Arbitrum announced on the X platform that the first Infinite Rainbows NFT supported by Stylus is now available for free Minting. The free Minting is only available at http://mintstylus.xyz and runs from September 9th to October 6th.

According to CME FedWatch tool, there is an 8.6% probability that the Federal Reserve will cut interest rates by 25 basis points in January next year, while there is a 91.4% probability that the rates will remain unchanged.

Philippine Securities and Exchange Commission (SEC) has introduced comprehensive rules for managing crypto assets, covering disclosure, public offering, trading, and marketing activities. These regulations aim to strengthen investor protection and promote transparency in the thriving digital asset market.

Bank of Japan kept its policy interest rate unchanged at 0.25%, pausing its rate hikes for the third consecutive time. (Jinshi)

On December 12th, according to iChainfo's monitoring, 2324 BTC (worth 234.5 million USD) were transferred from Mt.Gox's related address (1BxX9dcJZxDrSpE8B2iMhkuToUgava7qAw) to an address starting with 14jvfU, over half an hour ago.

According to on-chain analyst @ai_9684xtpa, as reported by Jinse Finance, the multi-signature address 0xAc2...DC739 received a transfer of 26 million ARB worth $21.06 million from the Arbitrum DAO Treasury four hours ago. One month ago, the same address received 4 million tokens from the treasury, of which 1.75 million have since been deposited into Coinbase. Additionally, during the same time period, two addresses belonging to GSR Markets withdrew a total of $9.18 million worth of ARB from Coinbase.

On December 19th, it was announced that the CRV staking and liquidity mining platform, Convex Finance, has partnered with Yearn Finance to launch the decentralized stablecoin protocol, Resupply. Resupply will offer an integrated leveraged loop function within the protocol, allowing users to choose their desired borrowing and lending markets and target leverage amounts. Through Resupply, users can lend stablecoins to earn basic lending fees and borrow reUSD to explore other DeFi strategies or manage daily expenses. Additionally, users can use the borrowed reUSD to supply more stablecoins to the selected lending market, thereby reducing their liquidation risk.

senior members of the Democratic Party have been selected for the key committees of the 119th US Congress, as the party prepares to become the minority party. In a notice on December 11, the Democratic Party stated that California Representative Maxine Waters will continue to serve as a senior member of the House Financial Services Committee until the new Congress is sworn in in 2025.

According to Yu Jin monitoring, a whale has accumulated 30,654 ETH (worth 88.43 million US dollars) through a cycle loan with an average price of 2,885 US dollars per ETH. Starting from September 7th, the whale began to sell ETH and has basically completed the clearance, selling 28,564 ETH (worth 64.9 million US dollars) at an average price of 2,272 US dollars, with a loss of up to 17.51 million US dollars.

 Cosmos Network developers have transferred 295.3 BTC ($27.7 million) that they raised in 2017 through IC0. This is the first transfer in nearly 2 years, as detected by blockchain analyst Yu Jin.

coinglass data shows that in the past 24 hours, the total amount of liquidations across the network has reached 120 million US dollars, of which the amount of long liquidations is about 109 million US dollars, and the amount of short liquidations is about 11.0841 million US dollars.

market showed BTC breaking through $100,500 and now trading at $100,525.16, with a 24-hour drop of 4.55%. The market is volatile, so please prepare for risk control.

market data shows that BNB has broken through $720 and is now trading at $720.35, with a 24-hour increase of 6.26%. The market is volatile, so please be prepared for risk control.

 Sonic Labs announced in a post on X that they are upgrading Sonic's token economics, which will be decided by four governance proposals on Fantom, including airdropping approximately 200 million S tokens.

vote to re-nominate Caroline Crenshaw as a commissioner of the US SEC was cancelled on Wednesday, which could mean that she will lose the opportunity for reappointment to the SEC.

According to a report by Cointelegraph, the well-known scientific journal "Nature" has reported on the DeSci project ResearchHub. In an article on December 11th, ResearchHub was introduced, a platform that pays peer reviewers who independently review new research papers in cryptocurrency equivalent to $150. Pedro Paulo Gattai Gomes, a molecular biology consultant in S?o Paulo, said that he currently earns more money by reviewing papers for ResearchHub than he did when he was a professor at an academic institution. He reviews an average of 15 papers per month and receives ResearchHub's RSC tokens worth $150 each time he reviews a paper. Paid reviewing is just, because in my opinion, unpaid work without even a thank you is very unfair.