Sui Ecosystem Lending Protocol Suilend announced the launch of SEND tokens on the X platform. Suilend added that 40% of the SEND supply will be distributed through the mdrop mechanism: 20% will be awarded to SEND points holders and early users; 5% will be allocated to the Sui ecosystem community; and 15% will be allocated to SAVE holders on Solana.

Recently, some netizens discovered that Huabao Fund was promoting a fund it issued that indirectly invests in overseas cryptocurrency-related targets and assets. It is understood that the fund is Huabao Overseas Technology Stock (QDII-FOF-LOF), a model of compliant investment in overseas assets. The largest ETF investment target is the cryptocurrency exchange Coinbase, and the second largest ETF investment target is the Bitcoin ETF.

Decentralized AI data liquidity network Vana releases VANA token economics. The total number of VANA tokens is 120 million, of which 44% will be allocated to the community (unlocked in 36 months), 22.9% will be allocated to the ecosystem (unlocked in 48 months), 18.8% will be allocated to core contributors (partially unlocked after 1 year + unlocked in 4 years), and 14.2% will be allocated to investors (partially unlocked after 1 year + unlocked in 3 years). The circulation at TGE (token generation) is 28.5%.

Binance announced that BNSOL Super Staking will launch the second phase of the project - WOO Network (WOO), a platform that provides centralization and decentralization.

Although Meme was controversial in its early days, with mixed attitudes among institutions, retail investors and KOLs, as the Meme market effect became more pronounced in the second half of the year, the attitudes of some institutions have changed.

Brian Quintenz has emerged as a strong contender for the position of chairman of the U.S. Commodity Futures Trading Commission (CFTC), and cryptocurrency regulation may usher in major changes under the leadership of President-elect Trump. According to people familiar with the matter, Quintenz has been interviewed for the position, and the president-elect's team has completed interviews for the position of chairman of the regulatory agency and is expected to announce the candidate in the next few days.

Bitcoin mining company Riot Platforms has successfully completed a $525 million senior note offering, according to a filing with the U.S. Securities and Exchange Commission (SEC) on December 11. The notes, due in 2030, carry an interest rate of 0.75% and were issued privately to institutional investors. The terms of the notes provide that investors have the right to convert them into Riot common stock starting in 2029, and may also convert them earlier under certain conditions set out in the terms of the offering. The proceeds will be used primarily to advance the company's Bitcoin acquisition strategy and further expand its holdings.

The floor price of Pudgy Penguins has exceeded $100,000, setting a new record high. The floor price of Pudgy Penguins is now 26.98 ETH, equivalent to $103,144, with a 7-day increase of 86.9%.

The CEO of Bank of New York Mellon said that tokenization is a major trend in the financial market, and anything new (in terms of crypto assets) needs to be tested in actual practice.

An advertisement for a crypto fund appeared on the Alipay page: Each person is limited to purchasing 1,000 yuan per day

Vancouver, Canada, has passed a policy that could bring Bitcoin into its city finances — a policy that was partly influenced by the return of U.S. President-elect Donald Trump. On Wednesday, Vancouver City Council passed a motion to become a “Bitcoin-friendly city” and explore Bitcoin’s applications in the municipal sphere.