The Trump family crypto project World Liberty Financial (WLFI) and Ethena Labs announced that they are pursuing a “long-term collaboration” that will begin with the implementation of Ethena’s yield token sUSDe.

Layer1 blockchain project Sonic Labs (formerly Fantom) announced that its mainnet has been officially launched. According to reports, this is a high-throughput, EVM-compatible Layer1 blockchain platform that provides incentives and infrastructure for developers. Sonic can process up to 10,000 transactions per second, sub-second finality, and a native decentralized gateway to Ethereum. FTM holders can now use our upgrade portal to upgrade their tokens to S on Sonic at a 1:1 ratio and unlock access to various Sonic applications.

Avara, the developer of the Aave protocol, announced the completion of a $31 million round of financing led by Lightspeed Faction. With Lens, Avara is building a decentralized protocol that provides infrastructure for social and consumer applications.

Stablecoin issuance protocol Usual announced today that it will integrate USDtb and sUSDe as a core part of its future business strategy. After Ethena Labs released USDtb, Usual has reached an agreement with Ethena to accept USDtb as collateral and subsequently migrate part of the supporting assets of the stablecoin USD0 to USDtb. In the coming months, Usual will become one of the largest minters and holders of USDtb.

Tokenization startup Plume has completed a new round of financing of $20 million, led by Brevan Howard Digital, Haun Ventures, Lightspeed Faction and Galaxy Ventures, bringing its total financing to $30 million. Plume will use the funds raised in the latest round of financing to expand from crypto-native users to traditional financial companies and asset management companies.

In the recent recovery trend of the cryptocurrency market, the NFT field has also seen significant signs of recovery. Has this round of bull market reignited NFT?

Binance Alpha announced the second batch of projects, namely: CKP, GEAR, SD, SYRUP and FARTCOIN.

Own The Doge DAO, the collective that holds the original “doge” meme, said on Tuesday that it has acquired the rights to use the image of pet Shiba Inu Neiro and is engaging in community discussions over which NEIRO tokens can continue to use the canine’s image.

The Hong Kong Securities and Futures Commission today issued licenses to four virtual asset trading platform applicants that were deemed to have been licensed under the expedited licensing procedure. The four virtual asset trading platform applicants are Cloud Account Greater Bay Area Technology (Hong Kong) Co., Ltd., DFX Labs Company Limited, Hong Kong Digital Asset Exchange Group Co., Ltd. and Thousand Whales Technology (BVI) Limited. The SFC is reviewing the remaining applications under the same expedited licensing procedure.

Polygon community members rejected an initial proposal that proposed deploying more than $1 billion in stablecoin reserves to generate yield. The proposal was proposed by Web3 venture provider Allez Labs in collaboration with DeFi protocols Morpho and Yearn, aiming to use about $1.3 billion in DAI, USDC and USDT reserves in the PoS Chain bridge to generate yield.

Binance Finance, One-Click Coin Buying, Flash Exchange Trading Platform, Leverage, Fixed Investment Platform and Binance Futures will launch Usual (USUAL). Among them, Binance will launch USUAL 1-75x U-standard perpetual contracts at 21:00 on December 18, 2024 (Eastern Time).

Stablecoin developer Usual has opened up USUAL token airdrops.

Vance Spencer, co-founder of Framework Ventures, posted on the X platform that MicroStrategy (MSTR) may not sell shares through ATMs or issue new convertible bonds in January next year to fund Bitcoin purchases. If Spencer's statement is true, it may worry some long-term MicroStrategy stock investors who have been expecting the company to buy Bitcoin every week.

Binance Alpha announced the first batch of projects, namely: KOMA, Cheems, APX, ai16z and AIXBT.