Huobi Weekly News

1. HT will be granted as the only token in accessing and using the Huobi ecosystem;

2. Huobi partners with Tron to launch first national token DMC;

3. EU crypto, NFT providers must report tax details under leaked EU plan;

4. SEC Strategic Plan: Crypto initiatives among top priorities over next 4 years;

5. Blockchain group Animoca to form $2 bllion metaverse fund.

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#POLICY

1. South Korea launches investigation into status of cryptocurrency issuance;

2. Singapore government faces parliament grilling over FTX fallout;

3. Argentina to revamp anti money laundering law, proposes creation of VASP registry;

4. US House Financial Services Committee will hold a hearing on the FTX collapse on December 13;

5. Crypto taxation talks gain traction in the EU;

6. Ukraine considering CBDC that can facilitate crypto trading;

7. CFTC chair defends bill that FTX's Bankman-Fried also backed;

8. Brazil approves bill regulating use of bitcoin as payment;

9. SEC Strategic Plan: Crypto initiatives among top priorities over next 4 years;

10. Indonesia c.bank launches white paper on planned digital currency;

11. EU crypto, NFT providers must report tax details under leaked EU plan;

12. Italy plans to tax crypto trading gains, expand disclosure;

13. The only crypto that should be viewed as a commodity is Bitcoin, CFTC Chair says;

14. Korean Financial Services Commission to develop crypto regulatory system centered on investor protection;

15. Uzbekistan approves rules for issuance and circulation of crypto assets.

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#CRYPTOCURRENCY

1. Tether has banned 807 addresses;

2. Telegram now supports trading of BTC and TON within the app;

3. 2 entities holding 73% of the FTX supply;

4. 48.6 million SOL are still in possession of Alameda Research;

5. New mint of about 30M USDC into circulation;

6. Over $2.8 billion in BTC has exited crypto exchanges in just one month: Glassnode;

7. The monthly supply of WBTC drops by 12.57%, total supply returns to the level of September 2021;

8. CoinShares: Digital asset investment products saw outflows totalling $23m last week;

9. HT will be granted as the only token in accessing and using the Huobi ecosystem;

10. Huobi partners with Tron to launch first national token DMC;

11. Statemint releases future roadmap to support DEX and NFT;

12. The United States has 45.3% of Ethereum nodes, ranking first in the world;

13. Ethereum Layer 2 Gas usage exceeds 100 billion gas, a record high;

14. Bitcoin’s mining difficulty expected to drop significantly, retarget could be 2022’s largest reduction;

15. Vitalik Buterin: The notion of "governance rights" as a narrative for why a token should be valuable is pathological;

16. Since the Ethereum Merge, the total net coin issuance is only 2,317 ETH;

17. Huobi will be establishing a strategic partnership with Poloniex;

18. Telegram sells usernames worth $50 million on the Open Network blockchain;

19. Ethereum developer: The expansion solution EIP-4844 devnet3 launch delay to next week;

20. Polygon is coming to The Graph’s decentralized network;

21. Elon Musk reaffirms support for Dogecoin, DOGE price rallies.

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#NFT

1. Avalanche on-chain NFT sales surpass Polygon;

2. BNB chain is live on OpenSea;

3. Porsche NFT will open for registration on December 20;

4. Blur's second airdrop will be launched on December 5th ;

5. MoonPay to roll out 'soulbound' NFT loyalty program;

6. Magazine "Playboy" launches first original NFT collection "The Playboy Party People".

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#DEFI

1. Aave decommissions low liquidity asset pools to protect against attacks;

2. Across Protocol: ACX token will build liquidity pool on Balancer;

3. Compound Finance to impose lending caps in light of failed Aave exploit;

4. AdaSwap launches on the main network;

5. Kaiko launches market data product tracking Aave, Compound and MakerDAO;

6. Aave Community is preparing for Aave Protocol V3 deployment for Ethereum market;

7. Data: Over $100 billion of volume was transacted on DEXs in November.

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#FUNDING

1. UK digital lender Atom Bank raises £30m;

2. Staking platform Kiln raises $17.6 million led by Blockdaemon and Illuminate Financial;

3. Ripple leads $72 million round into crypto market maker Keyrock;

4. 645 Ventures closes $347M fourth fund and first select fund.

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#METAVERSE

1. Blockchain group Animoca to form $2 bllion metaverse fund;

2. South Korea’s Shinhan Bank starts ‘metaverse’ services;

3. Meta urges Washington to take hands-off approach to regulating the metaverse.

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#WEB3：

1. Mastercard has filed crypto/web3 trademark application;

2. Jack Dorsey's TBD is looking to trademark 'Web5 ' to deter its misuse;

3. SCB 10X opens new web3 collaborative space in Bangkok.

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#OTHER

1. FTX remains focus of 'active' investigation, Bahamas attorney general says;

2. LINE’s crypto exchange Bitfront will close and end operations by the end of March next year;

3. BlockFi sues FTX's Bankman-Fried over shares in Robinhood;

4. BlockFi sold $239 million of crypto, warned of job cuts before bankruptcy;

5. Jack Dorsey’s Block sues Bitcoin.com for trademark infringement;

6. Twitter is reinstating roughly 62,000 accounts;

7. FTX received some customer deposits via bank accounts held by Alameda;

8. Genesis creditors seek options to keep crypto brokerage out of bankruptcy;

9. SBF: FTX collapse caused by CZ’s doubts and margin issues;

10. South Korean prosecutors apply for pre-arrest warrant for Terra co-founder;

11. Morgan Stanley: Crypto industry expect further bankruptcies and deleveraging;

12. BlackRock's Fink says crypto technology still relevant despite FTX;

13. More than 3300 funds made venture investments in crypto since 2018;

14. Musk: Twitter has started purging a lot of spam/scam accounts;

15. S. Korean judge dismisses arrest warrant for Terra co-founder Shin;

16. FTX’s LedgerX is up for sale as restructuring process picks up;

17. It's easy to pay for Twitter with fiat and cryptocurrency, Musk says;

18. SBF says Alameda was given special treatment on FTX: Financial Times;

19. FTX Founder says he can’t account for billions sent to Alameda.