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The Fusaka hard fork is a major Ethereum upgrade planned for 2025, focusing on scalability, security, and execution efficiency. It introduces nine core EIPs, including PeerDAS, to improve data availability and network performance. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated by the Mars AI model.
The Federal Reserve's Beige Book shows little change in U.S. economic activity, with increasing divergence in the consumer market. JPMorgan predicts a Fed rate cut in December. Nasdaq has applied to increase the position limit for BlackRock's Bitcoin ETF options. ETH has returned to $3,000, signaling a recovery in market sentiment. Hyperliquid has sparked controversy due to a token symbol change. Binance faces a $1 billion terrorism-related lawsuit. Securitize has received EU approval to operate a tokenization trading system. The Tether CEO responded to S&P's credit rating downgrade. Large Bitcoin holders are increasing deposits to exchanges. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
The People's Bank of China held a meeting to crack down on virtual currency trading and speculation, clearly defining stablecoins as a form of virtual currency with risks of illegal financial activities, and emphasized the continued prohibition of all virtual currency-related businesses.
In Brief Vitalik Buterin warns Zcash against token-based governance. Zcash community is divided over future governance approach. ZEC Coin struggles with market negativity and volatile price movements.
- 11:05Colosseum Announces Winning Projects of Solana Cypherpunk HackathonOn December 13, Colosseum, the Solana ecosystem accelerator, announced the winning projects of the Solana Cypherpunk Hackathon. This event saw over 9,000 participants form teams and submit a total of 1,576 final projects. The overall champion was Unruggable, a new hardware wallet and companion application developed for Solana. Other first-place winners in their respective tracks included Capitola, a prediction market meta-aggregator (Consumer Track); Yumi Finance, an on-chain "Buy Now, Pay Later" solution (DeFi Track); Seer, a Solana-based trading debugging development platform (Infrastructure Track); Autonom, an oracle developed specifically for RWA (RWA Track); MCPay, an open payment infrastructure connecting MCP and x402 (Stablecoin Track); attn.markets, a protocol that tokenizes revenue to support on-chain banking services (Undefined Track); Pythia (University Award); and Samui Wallet (Public Interest Award).
- 10:25US Bitcoin company increased its holdings by 613 BTC this week, with total holdings reaching $444 millionAccording to ChainCatcher, on-chain analyst Emmett Gallic has monitored that the US Bitcoin company associated with Trump increased its bitcoin reserves by 613 BTC over the past 7 days, bringing its total holdings to 4,931 BTC, valued at $444 million. Of these, 70 BTC came from mining revenue, while 542 BTC were acquired through strategic purchases worth $50 million.
- 10:14Kazakhstan is advancing its national crypto and blockchain strategy with Solana at the coreJinse Finance reported that Farhaj Mayan, Mayor of the FORMA economic community on Solana, stated at the Solana Breakpoint conference that Kazakhstan is systematically advancing its national-level crypto and blockchain strategic layout with Solana as the core infrastructure. Related initiatives include establishing a Solana economic special zone, launching a Tenge stablecoin, promoting dual IPO listings on AIX and Solana, training 1,000 Solana developers, building a national crypto asset reserve, and planning the construction of a blockchain-centered CryptoCity. These actions demonstrate Kazakhstan's determination to deeply integrate blockchain into its national financial and industrial systems.