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FACT: MICHAEL SAYLOR NOW OWNS 650,000 BTC – MORE THAN DOUBLE THE UNITED STATES PASS THE #BITCOIN ACT TODAY 👏
[US SEC Updates Agenda for Cryptocurrency and Privacy Roundtable, Zcash Founder to Deliver Speech] The U.S. Securities and Exchange Commission (SEC) has announced that it will host a roundtable on cryptocurrency, financial surveillance, and privacy on December 15. The event will be opened by senior SEC officials, including Crypto Task Force Director Richard B. Gabbert, Chairman Paul S. Atkins, and several commissioners. Zcash founder Zooko Wilcox will deliver a keynote speech, and Aleo Network Foundation CEO Koh will also give a presentation. The panel discussion will be moderated by Aleo Network Foundation's Global Policy Head Yaya J. Fanusie, with participants including an ACLU policy analyst, the CEO of the Blockchain Association, and representatives from several privacy technology companies.
[CoinShares Head of Research Says Concerns About Tether Are Unfounded, Data Shows No Systemic Flaws] On December 6, CoinShares Head of Research James Butterfill refuted concerns about Tether's solvency in the December 5 market dynamics report. He stated that, according to Tether's latest audit report, its reserve assets amount to $181 billion, with liabilities of approximately $174.45 billion, leaving a surplus of nearly $6.8 billion. He believes that while risks associated with stablecoins should not be ignored, current data does not indicate systemic flaws. Additionally, Tether has generated $10 billion in profits in the first three quarters of this year, remaining one of the most profitable companies in the sector.
[Aerodrome Completes Domain Migration and Activates Enhanced Security Protocol] Aerodrome announced on the X platform that its domain migration has been completed and is now live, along with the activation of enhanced security protocols to improve domain security. Previously, Aerodrome disclosed that its domain was subjected to a hijacking attack on November 21, which was fully mitigated in less than 4 hours, resulting in user losses of approximately $700,000. Major wallets such as MetaMask and Coinbase Wallet began displaying warnings within 2 minutes of the first malicious transaction being detected, limiting losses to users who connected and signed transactions during the active period of the malicious website. Currently, the team is working with security advisors and corporate registrars, and the Aero and Velo Foundations plan to provide proportional compensation to affected users.
[Jupiter Announces WET Token Public Sale to Restart on December 8] Jupiter posted on the X platform that the public sale phase of the HumidiFi (WET) token will restart on December 8 at 23:00 (UTC+8), canceling the originally scheduled public sale on December 4 at 10:00 AM (EST). Users who participated in the previous phase will receive refunds for their USDC commitments, and new WET tokens will be deployed while the old tokens will be invalidated. Users who successfully participated in the Wetlist and Jup Stakers sale phases will retain their allocation shares and can claim them on the TGE day via the DTF claim page. Additionally, blockchain analytics platform Bubblemaps pointed out that the user 'Ramarxyz' used over 1,000 wallets to purchase 70% of the shares during the HumidiFi presale and subsequently requested a refund.
[Yield Basis Fee Switch Activated, Users Can Claim 17 BTC Income] The protocol Yield Basis, developed by Curve Finance founder Michael Egorov, activated its fee switch on December 6, allowing some users to claim over 17 accumulated bitcoins since September within four weeks. These bitcoins were worth nearly $1.6 million on Friday. The proposal to activate the fee switch was unanimously approved by Yield Basis token holders on Wednesday.