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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.




OracleX is a decentralized prediction platform based on the POC protocol. It addresses pain points in the prediction market through a dual-token model and a contribution reward mechanism, aiming to build a collective intelligence decision-making ecosystem. Summary generated by Mars AI The content of this summary is produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.

The article refutes the argument that bitcoin will be replaced, highlighting bitcoin's unique value as a protocol layer, including its network effects, immutability, and potential as a global settlement layer. It also explores new opportunities for bitcoin in the AI era. Summary generated by Mars AI. This summary was produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively improved.

Quick Take Crypto investment products registered $1.07 billion worth of net inflows globally last week, according to asset manager CoinShares. The inflows marked a rebound following a four-week negative streak totaling $5.7 billion. However, they came ahead of the latest market slump on Monday.

Quick Take Spot bitcoin ETFs in the U.S. saw $3.48 billion in monthly net outflows in November. Spot ether ETFs saw $1.42 billion exit the funds last month, marking their largest monthly outflow to date.