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Hong Kong Plans to Promote New Regulations for Cryptocurrency and Infrastructure to Guide Insurance Industry Investment

BlockBeats News, December 22 – According to Bloomberg, Hong Kong plans to promote new regulations for cryptocurrencies and infrastructure to guide insurance industry investments, with insurance regulators imposing a 100% risk charge on crypto assets. Documents indicate that the risk charge for stablecoin investments will be determined based on the fiat currency pegged by Hong … Read more

Sources: Polymarket plans to launch its own L2 and migrate from Polygon

BlockBeats news, December 22, sources @polymarketbet summarized key information recently disclosed by Polymarket team member Mustafa in the Discord community, with the main points as follows: 1. Polymarket plans to migrate away from Polygon and intends to launch its own Ethereum L2 service POLY. Launching POLY is a “top priority.” (Polymarket operations were affected by … Read more

Funding Weekly Report | 18 publicly disclosed funding events; Hong Kong stablecoin payment platform RedotPay completes $107 million Series B funding round, led by Goodwater Capital.

Highlights of this episode According to incomplete statistics from PANews, there were 18 investment and financing events in the global blockchain sector last week (December 15-21), with a total funding scale exceeding US$299 million. An overview is as follows: In the DeFi sector, three investment and financing events were announced, including ETHGas completing a $12 … Read more

Wang Chun also fell victim: a staggering $50 million ‘tuition fee’, why do address poisoning attacks keep succeeding?

Original Title: “$50 Million Stolen, All Because of Not Carefully Checking the Address” Original Author: Eric, Foresight News In the early hours yesterday Beijing time, on-chain analyst Specter discovered a case where nearly 50 million USDT was transferred to a hacker’s address due to not carefully verifying the transfer address. According to the author’s investigation, … Read more

Key Market Information Gap on December 22nd, Must Read! | Alpha Morning Report

Top News 1.LIGHT Plunges, Contract Liquidations Rank First Across the Network in Nearly 4 Hours 2.Crypto Market Slightly Warms Up at Week’s Start, Some Tokens in Binance Alpha Sector Lead Gains 3.Ethereum Community Foundation Calls to Stop Truncating Addresses with Ellipsis to Prevent ‘Address Poisoning’ Risks 4.10x Research: Factors Including Forced Liquidations and Stalled Crypto … Read more

AAVE community’s new proposal suggests regaining ownership of the brand and distribution channels.

PANews reported on December 22 that, according to a Snapshot page, the Aave DAO has launched the “ARFC] $AAVE token alignment. Phase 1 – Ownership” proposal. This proposal aims to transfer the “Aave” brand naming rights, domain names (including aave.com), social media accounts (X, Discord, Instagram, etc.), and online organizations (GitHub, npm) to a legal … Read more

Guangzhou’s 15th Five-Year Plan Recommendations: Expand the Application Scenarios of Digital RMB

PANews reported on December 22 that the Guangzhou Municipal Committee of the Communist Party of China released its proposals for formulating the 15th Five-Year Plan for National Economic and Social Development of Guangzhou. The proposals include accelerating the construction of a strong financial city. This involves building a modern financial service system that is more … Read more

Crypto KOL Predicts Lighter Valuation: Minimum $1.5 Billion, $3–4.2 Billion as Benchmark

BlockBeats News, December 22nd, crypto KOL @ingalvarezsol combined factors such as Polymarket (USD 2-3 billion), OTC point price (USD 90 per point), and pre-market token LIT price (USD 3.4) to forecast Lighter’s valuation: USD 1.5 billion is the minimum valuation (bear market range, influenced by venture capital funding rounds). USD 3-4.2 billion is the bear … Read more