Coinbase will suspend trading services for wBTC (Wrapped Bitcoin) on December 19, 2024, at around 12 noon Eastern Time. The suspension of trading involves all trading modes on the Coinbase platform, including Simple and Advanced Trade, Coinbase Exchange, and Coinbase Prime, but users can still access and withdraw their wBTC assets at any time.

Guillén is currently a partner and co-head of the blockchain team at BakerHostetler LLP. He has worked at the SEC and represented blockchain companies and traditional companies in response to SEC enforcement actions. It is expected that the SEC chairman will be determined before Thanksgiving, and Guillén will compete for the position with other candidates, including former SEC Commissioner Paul Atkins and Robinhood Chief Legal Officer Dan Gallagher.

On-chain transaction terminal DEXX released an update on the previous security incident: "DEXX has officially filed a lawsuit, and the SlowMist team is actively assisting law enforcement agencies in subsequent investigations. At the same time, DEXX is actively discussing a compensation plan. Regarding compensation, this platform hereby makes the following solemn statements: 1. If all assets can be recovered, DEXX will immediately provide full compensation to ensure that user interests are not affected. 2. If only part of the assets can be recovered, the platform will still fulfill its compensation obligations; the specific compensation plan will depend on the amount recovered. DEXX is currently mobilizing all resources and forces to recover the stolen assets and resolve the problem as soon as possible."

Stablecoin company Noble has completed a $15 million Series A financing round, led by Paradigm, with other investors not yet disclosed. They will use the funds from this round of financing to accelerate the adoption of stablecoins by developing new user-oriented products and expanding their workforce. This new financing brings Noble's total financing amount to $18.3 million.

Solana ecosystem transaction aggregator Jupiter announced on X Platform that the Jupiter mobile app is now available on the Google Play Store for all Android users.

Damian Williams, the U.S. attorney for the Southern District of New York, has shared with colleagues his plans after Trump's election this month that he will resign before Donald Trump takes office next January, marking the end of a tenure that aggressively prosecuted crimes on Wall Street. Trump announced last week that he would appoint Jay Clayton, who served as chairman of the Securities and Exchange Commission until 2020, to replace Williams.

Tokenization company Securitize has launched a new way to gain liquidity from physical assets while still earning a yield through its innovative “sTokens.” The token architecture is the result of a partnership between its subsidiary Securitize Credit and “synthetic dollar” project Elixir, the company announced on Tuesday.

Bitfinity Network, a Bitcoin Layer2 solution, has launched and completed $12 million in financing to create decentralized finance (DeFi) features for Bitcoin that are compatible with the Ethereum Virtual Machine (EVM). The round includes $7 million from well-known backers, including Polychain's Beacon Fund, ParaFi, Draft Ventures, and Warburg Serres, while another $5 million came from over-the-counter token sales.