Huobi Weekly News

1. Huobi will list CNHT with USDD trading pairs;

2. Ethereum developers target March 2023 for release of staked ether;

3. Hong Kong Legislative Council passed bill, the licensing regime for virtual asset service providers will ake effect on June 1, 2023;

4. UK finalises plans for regulation of ‘wild west’ crypto sector;

5. Russian parliament official: Crypto will receive a legal status in Russia next year.

”“

#POLICY

1. Data: The Fed shrunk its balance sheet by $92.294 billion in November;

2. Pakistan launches new laws to expedite CBDC launch by 2025;

3. Russian parliament official: Crypto will receive a legal status in Russia next year;

4. EU financial regulator to address off-shore crypto companies;

5. UK finalises plans for regulation of ‘wild west’ crypto sector;

6. Japan Financial Services Agency extends FTX Japan business suspension order;

7. Japan recommends against algorithmic backing in stablecoins;

8. Bank of Russia wants to ban miners from selling crypto to Russians;

9. US regulator to seek feedback on DeFi's impact on financial crime;

10. Hong Kong Legislative Council passed bill, the licensing regime for virtual asset service providers will ake effect on June 1, 2023;

11. Kazakhstan’s parliament adoptes digital assets bill to regulate mining among other crypto activitie;

12. EU crypto taxation proposal will target all companies that offering EU residents crypto services;

13. Senator Markey introduces legislation to combat energy-intensive cryptomining.

”“

#CRYPTOCURRENCY

1. Glassnode: Stablecoin dominance has spiked since FTX from 10% to 12.5%;

2. CoinShares: Digital asset investment products saw outflows totalling $7.5m last week;

3. USDC issuer Circle terminates SPAC listing plan;

4. Bitcoin mining difficulty decreased by 7.32% to 34.24T;

5. Polygon PoS chain launched "parallel EVM" upgrade;

6. GBTC's negative premium rate expanded to 43.53%;

7. Polygon: First batch of ownership and distribution of $450 million in financing completed;

8. Gnosis merge is expected to be held on December 8;

9. Huobi will list CNHT with USDD trading pairs;

10. Ethereum Foundation allocates $8.04 million in rewards to 69 projects and communities in Q3;

11. Report: The support level of ETH in 2023 may be at $1,000;

12. US Sen. Cynthia Lummis: BTC is the only cryptocurrency that can be considered a commodity, ETH is now a security;

13. OFAC compliant Ethereum blocks drops to 65%;

14. Ethereum developers target March 2023 for release of staked ether;

15. Ethereum Shandong testnet has been deprecated, new public testnet will launch next week;

16. Arthur Hayes: BTC hits the lows of this cycle during the recent FTX / Alameda catastrophe.

”“

#NFT

1. Coca-Cola releases FIFA World Cup NFTs based on heatmaps from matches;

2. NFT sales volume drops 20% in November;

3. Aave companies acquires NFT-based Sonar;

4. Atari collaborating with Pixels for print-on-demand NFT artwork;

5. Blur offers some NFT traders 50% refund after ether losses from UI 'bug'.

”“

#DEFI

1. ApeCoin DAO launched a vote on the proposal to build an APE ecological website;

2. SushiSwap proposes to direct 100% of xSUSHI revenue to treasury wallet;

3. Uniswap Foundation proposes changes to crypto DEX's governance, voting processes.

”“

#FUNDING

1. Blockchain carbon credit trading platform AirCarbon is seeking $50 million in Series B financing;

2. French VC firm Partech raises €120 million to invest early-stage tech startups;

3. East African bitcoin miner Gridless raises $2M seed round;

4. Bitwave raises $15 million Series A to expand crypto accounting software;

5. Crypto firm Blockstream seeks funding at a lower valuation in tight market.

”“”

#METAVERSE

1. Decentraland launches metaverse land rental;

2. Meta introduces virtual avatars to WhatsApp.

“”

#WEB3

1. Filipino startup accelerator A-Labs launches $10M Web3 fund;

2. Web3 entertainment platform PlayMining launches new coin pusher GameFi ‘Lucky Farmer’;

3. Starbucks opens up its blockchain-based loyalty program and NFT community to first U.S. beta testers.

“”

#OTHER

1. Genesis creditor groups' loans amount to $1.8B and counting;

2. Mizuho, SBI and Datachain jointly launch cross-chain technology research;

3. Technology blogger: Twitter may launch Twitter Coin rewards function;

4. Bank of America says regulation is key for mainstream adoption of crypto ;

5. Gensler will brief House Democrats before FTX hearing;

6. Crypto pressure ratchets up as FTC probes several firms over ads;

7. Goldman Sachs on hunt for bargain crypto firms after FTX fiasco;

8. A $200 million investment program from Animoca and BNB Chain only closes few investments;

9. Hong Kong funds seek approval for crypto-linked retail ETFs;

10. Elon Musk: ChatGPT cannot yet be called AGI;

11. H.E. Justin Sun: Next crypto bull market will depend on the Chinese;

12. Microsoft: DEV-0139 launches targeted attacks against the cryptocurrency industry;

13. Zodia Custody rolls out service to protect client assets from exchange insolvency;

14. U.S. House committee weighing subpoena for Sam Bankman-Fried;

15. House Financial Services Chair Waters doesn’t plan to subpoena Sam Bankman-Fried to testify at hearing on FTX collapse;

16. Twitter to change blue pricing after Apple spat;

17. MicroStrategy will teach corporations how to adopt Bitcoin at in-person event;

18. Musk's bankers mull new Tesla margin loans to slash Twitter debt;

19. Japan’s second-largest bank Sumitomo Bank to use soulbound tokens for identity verification;

20. US probes FTX founder for fraud, examines cash flows to Bahamas;

21. Bahamian attorneys pursue access to FTX data of international customers.