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On December 6, at the 8th General Meeting of Members of the Securities Association of China, CSRC Chairman Wu Qing delivered a speech on the high-quality development of the securities industry. Wu Qing pointed out that the securities industry is at the forefront of the market economy and must continuously innovate financial products on the basis of controllable risks to better meet the needs of various investors and the market. Currently, financial technology innovation is thriving and is profoundly changing and even reshaping the financial market ecosystem. Industry institutions should be adept at adapting to change, responding to change, and seeking change, actively researching, steadily exploring, and promoting the layout and application of technologies such as artificial intelligence, big data, and blockchain in the capital market.

[Wu Qing: Securities companies should continuously innovate financial products on the basis of controllable risks.]On December 6, at the 8th General Meeting of Members of the Securities Association of China, CSRC Chairman Wu Qing delivered a speech on the high-quality development of the securities industry. Wu Qing pointed out that the securities industry is at the forefront of the market economy and must continuously innovate financial products on the basis of controllable risks to better meet the needs of various investors and the market. Currently, financial technology innovation is thriving and is profoundly changing and even reshaping the financial market ecosystem. Industry institutions should be adept at adapting to change, responding to change, and seeking change, actively researching, steadily exploring, and promoting the layout and application of technologies such as artificial intelligence, big data, and blockchain in the capital market.

Wu Qing: Securities companies should continuously innovate financial products on the basis of controllable risks.

&nbsp;Aave founder Stani Kulechov stated that the recent DeFi tax guidance issued by the UK’s HM Revenue and Customs (HMRC) may mark a turning point for crypto lending in the UK.

[Aave founder: New UK tax rules simplify taxation and promote institutional adoption of cryptocurrency.]&nbsp;Aave founder Stani Kulechov stated that the recent DeFi tax guidance issued by the UK’s HM Revenue and Customs (HMRC) may mark a turning point for crypto lending in the UK.

Aave founder: New UK tax rules simplify taxation and promote institutional adoption of cryptocurrency.

Minh Phuong Ngoc Vong, a 40-year-old man from Maryland, was sentenced to 15 months in prison and three years of supervised release for helping North Korean agents secretly infiltrate American technology companies. Between 2021 and 2024, Vong used fake credentials to obtain software development positions at at least 13 American companies, which paid him over $970,000 in salary, while the actual work was done remotely by North Korean agents located in China.

[Maryland man sentenced to 15 months in jail for helping North Korean infiltrate U.S. tech companies.]Minh Phuong Ngoc Vong, a 40-year-old man from Maryland, was sentenced to 15 months in prison and three years of supervised release for helping North Korean agents secretly infiltrate American technology companies. Between 2021 and 2024, Vong used fake credentials to obtain software development positions at at least 13 American companies, which paid him over $970,000 in salary, while the actual work was done remotely by North Korean agents located in China.

Maryland man sentenced to 15 months in jail for helping North Korean infiltrate U.S. tech companies.

&nbsp;according to CryptoOnchain data, the Bitcoin SOPR ratio has dropped to 1.35, reaching its lowest level since the beginning of 2024. As BTC retraces to $89,700, this indicator shows that market profits have undergone a "thorough reset."

[Data: Bitcoin's SOPR ratio has fallen to 1.35, indicating a complete "reset" of market profitability.]&nbsp;according to CryptoOnchain data, the Bitcoin SOPR ratio has dropped to 1.35, reaching its lowest level since the beginning of 2024. As BTC retraces to $89,700, this indicator shows that market profits have undergone a "thorough reset."

Data: Bitcoin's SOPR ratio has fallen to 1.35, indicating a complete "reset" of market profitability.

&nbsp;on December 5 local time, U.S. Federal District Judge Rodney Smith ordered the release of the federal grand jury investigation documents in the Epstein case. It is reported that the federal grand jury investigation records regarding Epstein from 2005 to 2007 will be made public.&nbsp;

[A US judge has ordered the release of the grand jury investigation records in the Epstein case.]&nbsp;on December 5 local time, U.S. Federal District Judge Rodney Smith ordered the release of the federal grand jury investigation documents in the Epstein case. It is reported that the federal grand jury investigation records regarding Epstein from 2005 to 2007 will be made public.&nbsp;

A US judge has ordered the release of the grand jury investigation records in the Epstein case.

&nbsp;according to on-chain analyst @ai_9684xtpa, Brother Maji's long position has turned from profit to loss for the Nth time. ETH has nearly fallen back to Maji's opening price of $3,058.06, with only $79.63 left before the liquidation price of $2,978.43; currently, his position of 7,250 ETH (22.01 million USD) is at an unrealized loss of $152,000, after previously having an unrealized profit of over $2 million which has now been fully withdrawn.

[Brother Machi's ETH long position is only $79.63 away from the liquidation price.]&nbsp;according to on-chain analyst @ai_9684xtpa, Brother Maji's long position has turned from profit to loss for the Nth time. ETH has nearly fallen back to Maji's opening price of $3,058.06, with only $79.63 left before the liquidation price of $2,978.43; currently, his position of 7,250 ETH (22.01 million USD) is at an unrealized loss of $152,000, after previously having an unrealized profit of over $2 million which has now been fully withdrawn.

Brother Machi's ETH long position is only $79.63 away from the liquidation price.

Bitcoin Fear and Greed Index is 23. Extreme Fear.
Current Price: $89613.66.

[Bitcoin Fear and Greed Index is 23]Bitcoin Fear and Greed Index is 23. Extreme Fear.
Current Price: $89613.66.

Bitcoin Fear and Greed Index is 23

&nbsp;Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated: Tokenization is the direction of future development, and putting securities assets on the blockchain can achieve clear ownership confirmation. He expects that all markets in the United States will migrate to blockchain operation within the next two years.

[US SEC Chairman: Tokenization is the future trend; all US markets are expected to migrate to blockchain within the next two years.]&nbsp;Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated: Tokenization is the direction of future development, and putting securities assets on the blockchain can achieve clear ownership confirmation. He expects that all markets in the United States will migrate to blockchain operation within the next two years.

US SEC Chairman: Tokenization is the future trend; all US markets are expected to migrate to blockchain within the next two years.

&nbsp;according to data monitored by Farside Investors, the US spot Ethereum ETF had a net outflow of 75.2 million USD yesterday.

[The US spot Ethereum ETF saw a net outflow of $75.2 million yesterday.]&nbsp;according to data monitored by Farside Investors, the US spot Ethereum ETF had a net outflow of 75.2 million USD yesterday.

The US spot Ethereum ETF saw a net outflow of $75.2 million yesterday.

火币HTX数据监测显示，ETH跌破3200  USDT，现报3199.56 USDT，24H涨幅3.67%。

【ETH跌破3200  USDT】火币HTX数据监测显示，ETH跌破3200  USDT，现报3199.56 USDT，24H涨幅3.67%。

ETH跌破3200  USDT

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ETH跌破3200 USDT

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