Richard Teng, CEO of crypto exchange Binance, said on X platform that as interest increases and fear of missing out (FOMO) spreads, many of my friends are asking if now is the best time to invest in cryptocurrencies. Here is a reminder: please do your own research (DYOR) and make sure you understand the field before getting involved. In the long run - we are still in the early stages.

The UK Financial Conduct Authority (FCA) said in a document on its upcoming cryptocurrency regulatory regime on Monday that the UK intends to ban the public offering of cryptocurrencies. The government will introduce laws to ban the public sale of cryptocurrencies, which will draw on the UK's promotion rules to prohibit unregistered cryptocurrency companies from approaching UK customers. Only crypto asset trading platforms and products that meet the exemption conditions will be exempt from this restriction.

Cosmos shared its "Plan for Reforming Cosmos and Cosmos Hub Ecosystem Growth" on the X platform: The growth of liquidity within Cosmos and Cosmos Hub will become Interchain Inc.'s top priority in 2025, with the goal of increasing Cosmos' liquidity 10 times in the first 12 months. Two specific strategies include: 1. Building and investing in a "world-class" ecosystem growth team; 2. Unleashing the Cosmos Hub to drive ecosystem growth.

Binance will launch VANA 1-75x U-margin perpetual contracts at 21:30 (ET) on December 16, 2024. In addition, Binance Finance, One-Click Coin Buying, Flash Exchange Trading Platform, Leverage, and Fixed Investment Platform will also launch Vana (VANA).

The mainnet of Vana, a decentralized AI data liquidity network, is now live, with the launch of VANA staking. Testnet community rewards include: users who participated in the early DataDAO pre-mining through Aurora Cohort (as a Data Hero or directly); community builders on Vana Discord; V on vana NFT holders. The snapshot was completed on December 13, 2024, and airdrop eligibility query is now open.

Binance announced that the launch of Vana (VANA) originally scheduled for 18:00 Beijing time today will be postponed to 19:30 today.

Digital asset investment products continued to attract inflows last week, totaling $3.2 billion, the tenth consecutive week of inflows. Year-to-date, inflows have totaled $44.5 billion, more than four times the amount in any other year. ETPs trade an average of $21 billion per week, accounting for 30% of all Bitcoin traded on trusted exchanges. Bitcoin is highly liquid on trusted exchanges, averaging $8.3 billion per day this year, double that of the FTSE 100. Regional flows saw inflows across all regions, with sentiment generally positive, with the most notable inflows coming from the United States, Switzerland, Germany, and Brazil, at $3.1 billion, $36 million, $33 million, and $25 million, respectively.

Can HKEX’s new index bring stability and confidence to the Asian crypto market?

Binance Futures will launch the MOCAUSDT perpetual contract at 19:30 (ET) on December 16, 2024, with a maximum leverage of 75x.

Exodus Movement, Inc. (OTCQX: EXOD), a crypto wallet provider, announced that its common stock has been approved for listing on the New York Stock Exchange American segment (NYSE American). The Company's Class A common stock, par value $0.000001, will begin trading on NYSE American under its current trading symbol "EXOD" at the start of trading on December 18, 2024. The common stock will continue to trade on the OTCQX market until the close of the market on December 17, 2024. The Company's current shareholders do not need to take any action prior to the Company's expected listing on NYSE American.

Astrofolio-related tokens generally rose, possibly influenced by Mechanism Capital partner Andrew Kang's tweet about astrology-themed cryptocurrencies yesterday. Data shows that the 24-hour increase of 12 constellation tokens exceeded 10%, among which Gemini rose 28.7%, Aries rose 31.32%, and Scorpio rose 28.76%. Andrew Kang pointed out in his tweet that astrology is the oldest "stalk" in human civilization, and its universality and cultural penetration make astrology-themed tokens likely to become the next major category of popular Memecoins. He also mentioned that astrology has a rich ecosystem of stalks, and the recent projects have received good market attention under the promotion of TikTok and astrology influencers.

Upbit announced that it will soon support the trading of the new digital asset VANA. The specific trading opening time will be announced one hour in advance after sufficient liquidity. VANA will support KRW, BTC and USDT markets. Its recharge function is expected to be opened at 19:00 on December 16, local time, and will be carried out through the Vana network.