ChainCatcher reports that the Aave community has recently erupted into governance controversy, with the focus on whether the integration of CoW Swap has led to protocol revenue flowing to Aave Labs rather than the Aave DAO. A representative named “EzR3aL” posted on the governance forum stating that their on-chain analysis shows that transaction fees generated through the new CoW Swap interface no longer flow into the DAO treasury but are instead directed to an independent address, estimated to be worth about $200,000 per week. Marc Zeller, head of the Aave Chan Initiative, said the situation is “extremely concerning,” accusing it of “secret privatization of approximately 10% of the potential revenue of the Aave DAO.” The controversy has also extended to Aave Vaults, Horizon, and the Aave v4 liquidation engine.

Bitcoin has recently been lacking upward momentum, with a clear bearish flag pattern appearing on the technical chart, triggering market concerns about the next target price level. Several traders believe that Bitcoin's short-term risks are rapidly accumulating, and if it breaks below a key support level, it could trigger a deeper correction, with a target price of USD, potentially extending down to the @E5@ USD region. Trader Roman emphasized in the latest analysis that Bitcoin faces an approximately 17% potential decline. He pointed out that since Bitcoin hit a low near USD, the price has failed to rebound effectively and has been oscillating within an upward channel. This kind of pattern is highly likely to develop into a bearish flag. Under this pattern, Bitcoin may continue to make lower lows after a brief rebound.

PANews December 12th News, according to three sources, the Bank of Japan may maintain its commitment to continue raising interest rates next week, but will emphasize that the pace of further hikes will depend on how the economy responds to each increase. BOJ Governor Haruhiko Kuroda has essentially announced in advance that there will be a rate hike in December, and the market has almost fully priced in the possibility of raising rates from 0.5% to 0.75% in December. The market's focus has shifted to how much the BOJ can raise interest rates to a neutral level. Sources say that although the central bank may internally update its estimate of the policy rate relative to what is considered a neutral level, it will not use this estimate as the main communication tool for future rate hike paths due to the difficulty of making precise predictions. Instead, sources say the BOJ will explain that future rate hike decisions will be based on considerations of how past increases have affected bank lending, corporate financing conditions, and other economic activities. One source stated

PANews December 12 News, Fidelity Global Macro Director Jurrien Timmer posted on X platform that after excessive speculation in the crypto market has subsided and market sentiment has improved, Bitcoin's official closing in 2025 is actually quite good under the background of Federal Reserve easing policies and calm bond and foreign exchange markets. Previously, Bitcoin treasury companies provided "returns" by issuing stocks to buy Bitcoin, which may now become a resistance to Bitcoin's rise and also raise questions about whether another four-year cycle has already ended. However, observing the curve structure of Bitcoin's mature network shows that since 2010, Bitcoin has experienced five bullish waves, each smaller in magnitude than the previous one, but with increasingly longer durations. From the performance in the recent bull market (which began around $16,000 in 2022), it can be seen that Bitcoin has become very mature. According to Ju

The Depository Trust & Clearing Corporation (DTCC) recently received a No-Action Letter from the U.S. Securities and Exchange Commission (SEC), allowing it to develop traditional asset tokenization services over the next three years. This development not only marks a critical step toward the blockchain integration of the U.S. financial markets but also brings significant positive news for Chainlink, as the two parties have maintained close cooperation since 2024. According to the announcement, the Depository Trust Company (DTC), a subsidiary of DTCC, will launch a controlled production environment in the second half of 2026, officially issuing tokenized securities on approved Layer 1 and Layer 2 blockchain networks. The initial batch of tokenized assets will include highly liquid targets such as Russell 1000 index constituents, major ETFs, and U.S. government bonds, including Treasury bills and long-term bonds. During the initial phase, this service will only be open to DTC participants and their clients for strict monitoring.

BlockBeats News, December 12 — Brennan Watt, Vice President of Core Engineering at Solana research and development company Anza, stated at the Solana Breakpoint conference that proposal SIMD-0389 could reduce Solana account creation rent by 10 times, potentially scalable to a 100-fold reduction. Note: In the Solana network, Account Rent refers to the "storage fee" mechanism required for an account to permanently store data on the chain. According to Anza's analysis of the security slowdown mechanism, this change was discussed at the recent SolanaConf and may involve reclaiming hundreds of millions of dormant accounts.

Odaily Planet Daily News: The Japan National Tax Agency announced on December 11th that the tax investigation results for the 2024 fiscal year (from July 2024 to June 2025) show that a total of 613 on-site investigations were conducted on individual crypto asset (cryptocurrency) transactions, with a total tax recovery of approximately 4.6 billion yen, an increase of about 31.4% compared to 3.5 billion yen in the previous year. The number of investigations also increased by approximately 14.6% year-on-year. The National Tax Agency pointed out that cases related to cryptocurrencies have significantly higher single-transaction tax recoveries and underreported income amounts compared to the overall average for income tax on-site investigations. Currently, the focus of tax investigations includes the accuracy of profit and loss calculations, the completeness of transaction records, and the declaration and handling of special transactions such as DeFi, airdrops, mining, and staking; if multiple domestic and international exchanges are involved, all profits and losses must be consolidated in the declaration, otherwise it may be deemed as omission of declaration. Furthermore, the National Tax Agency

PANews December 12 News, according to Bloomberg, Asia Airlines (AirAsia) operator has signed an agreement with Standard Chartered Bank Malaysia to explore the issuance of a stablecoin backed by the Malaysian Ringgit (Malaysian currency) in the Southeast Asian country. A few days earlier, a Malaysian royal announced the launch of a similar token. According to a statement released on Friday, Capital A, founded by Asia Airlines' Tony Fernandes, has signed a letter of intent with Standard Chartered Bank Malaysia Berhad. The two parties will jointly develop and test the stablecoin through the Digital Asset Innovation Hub regulated by Bank Negara Malaysia. The statement noted that Standard Chartered Bank Malaysia will act as the issuer of the stablecoin, while Capital A may pioneer wholesale use case pilots in real-world scenarios. This marks Capital A's first foray into the regulated digital asset space.

On Thursday, U.S. President Donald Trump signed an executive order directing the Department of Justice to challenge state laws in the field of artificial intelligence, especially those enacted independently in the absence of federal regulation. The order establishes an Artificial Intelligence Litigation Working Group, emphasizes federal priority, and may question state laws on the grounds of interstate trade protection, with Colorado’s “Algorithm Discrimination” bill becoming a key focus. In the order, Trump stated that a unified national standard is more conducive to innovation than 50 individual state approaches, claiming that excessive state regulation hampers the development of American AI companies. However, the order was immediately criticized by labor groups, technology policy organizations, and AI researchers, who argued that it sidesteps the potential risks of AI systems and favors the interests of large tech companies. The United Food and Commercial Workers Union pointed out that the order threatens state government rights and may undermine workers’ jobs and rights. AI expert Gary Marcus warned that the order could make Trump himself responsible for economic or social risks related to AI.

Nubank is facing an identity crisis due to new regulations in Brazil and is considering acquiring a licensed small bank to resolve the issue. This move could qualify for tax credits, but it may also require applying for a new license, a process that is complex and costly.

Odaily Planet Daily reports that US Treasury Secretary Janet Yellen is proposing significant adjustments to the government's approach to financial regulation and stability. Yellen will recommend changes to the work guidelines of the Financial Stability Oversight Council (FSOC), promoting a more relaxed regulatory environment and a freer approach. In a letter on Thursday, Yellen wrote: “The Council will collaborate with its member agencies and support their assessment of whether certain aspects of the financial regulatory framework constitute excessive burdens and negatively impact economic growth, thereby undermining financial stability.” FSOC was established after the 2008 financial crisis to monitor and respond to systemic risks, and Yellen serves as the chair of this council. This plan marks a shift away from the long-standing tendency of the council to strengthen regulation. Yellen will also establish a working group “to explore opportunities for AI to enhance the resilience of the financial system, while monitoring the potential risks that AI applications may pose to financial stability.”

Odaily Planet Daily News: Cryptocurrency analyst Jason Pizzino's latest research indicates that Bitcoin price may not touch its long-term bottom until October 2026. Currently, BTC trading volume continues to decline, resembling the pattern seen from late 2022 to early 2023, which reduces the likelihood of a short-term bull market return. Meanwhile, CryptoQuant data shows that the share of large investors' deposits on exchanges has dropped from 47% in mid-November to the current 21%, with the average deposit size decreasing by 36%, indicating that selling pressure is weakening. If this trend continues, BTC price is expected to rebound to $99,000. Analysts point out that the 200-day simple moving average acts as a strong resistance, market risk appetite is insufficient, and Bitcoin may need to go through a consolidation period before a new round of market activity begins. (Cointele)

Terraform Labs founder Do Kwon will face sentencing at Manhattan court on December 11. The prosecution has requested a 12-year prison sentence. He previously pleaded guilty to conspiracy fraud and wire fraud but refused to plead guilty when more charges were involved.

Odaily Planet Daily reports that the blockchain data visualization platform Bubblemaps issued a statement pointing out issues with the fairness of the Meme coin project PEPE. According to monitoring data, approximately 30% of the genesis PEPE supply is tied to the same entity, which sold tokens worth $2 million the day after issuance. (Cointelegraph)

AllianceBernstein Chief U.S. Economist Eric Winograd stated that the Fed's balance sheet expansion and the resumption of short-term Treasury purchases will only affect the very short end of the U.S. Treasury yield curve and will not impact the long-term portion. The initial goal is to purchase approximately $40 billion in Treasury bills per month.

Stellar (XLM) shows a new TD Sequential “9” buy signal near a key support zone, and analysts believe this could lead to a rebound in price. According to recent insights from crypto market analyst Ali Martinez, the technical signals appearing on the weekly chart are highly similar to the patterns observed before XLM's strong upward movements in the past, but whether the trend can be confirmed still depends on buying demand. Martinez pointed out in a public chart that XLM has again touched the demand zone and a TD Sequential “9” signal has appeared at that level. The last time this signal appeared, XLM's price nearly doubled, making this zone a historically strong support level. The current structure shows that Stellar has significantly pulled back from the summer highs and is in a consolidation phase, echoing the patterns seen before previous upward rallies.

Bitcoin prices plummeted to $89,000 during Asian trading hours, approaching the $80,000 mark at one point, dragging the total cryptocurrency market capitalization down from $3.22 trillion to $3.06 trillion, a loss of $160 billion in a single day. As expected, the Federal Reserve cut interest rates by 25 basis points, but disagreements within the FOMC and Powell's hawkish stance became the core reasons for the sharp market correction. The meeting minutes revealed that several officials opposed the rate cut, and Powell further indicated that the Fed might pause rate cuts until January 2026. This hawkish signal quickly dampened risk asset sentiment. Additionally, the Fed announced it would purchase up to $40 billion in Treasury securities within 30 days. Although officials emphasized that this was not quantitative easing (QE), the market widely viewed this move as exposing liquidity pressures. Gold prices subsequently rose, and analysts warned that the banking system could face deeper risks.

Gate News Bot message, December 11th, according to CoinMarketCap data, as of press time, USTC (TerraClassicUSD) is reported at $0.01, up 10.88% in the past 24 hours, reaching a high of $0.01 and dipping to a low of $0.01. The current market cap is approximately $59.4 million, an increase of $5.84 million from yesterday. USTC (Terra Classic USD) is a digital asset within the Terra Classic ecosystem. USTC originated as an algorithmic stable asset within the Terra ecosystem, designed to mirror the US dollar by balancing supply with LUNC through on-chain market modules. After the network adjustment in May 2022, the dollar-pegging mechanism ceased operation, and USTC transitioned into a freely traded token, with its price entirely driven by market supply and demand. Today, USTC is a volatile digital asset.

SEC Chairman Paul Atkins at the Blockchain Association Policy Summit stated that the SEC will promote clear regulatory rules for digital assets and noted that most cryptocurrencies are not securities, but in certain cases, token issuance may be subject to securities laws. He also expressed confidence in the CFTC as the regulatory body for the crypto market.

PA News December 11th - According to Bloomberg, U.S. prosecutors have charged Canadian citizen Nathan Gauvin with orchestrating a fraud scheme that raised over $42 million through false advertising. The scheme targeted individual users on the chat platform Discord, claiming that funds would be invested in traditional finance and cryptocurrency sectors. He used most of the money for investor withdrawals, purchasing luxury jewelry, paying off credit cards, and falsely obtaining $800,000 in credit from fintech companies for personal expenses. From May 2022 to October 2024, Gauvin and others lured investors to invest in Gray Digital Capital Management Inc. and its fund Gray.

Trump's actions on digital asset "debanking" prompted the Currency Supervisory Agency to release a new report, warning that banks could face penalties. The report reviewed the policies of nine nationwide banks, noting that they have set higher entry barriers for controversial industries and may face legal accountability.

Elon Musk hints that SpaceX may go public in 2026, with an estimated IPO raise of over $25 billion and a valuation expected to exceed $1 trillion. This news has garnered widespread attention.

Golden Finance reports that Federal Reserve Chairman Powell stated that the Federal Reserve will make decisions at successive meetings, and there is no predetermined path for monetary policy; the scale of government bond purchases may remain high in the coming months.

BlockBeats News, December 11 – Recently, mortgage rates have eased somewhat, but the trend remains unstable. The Federal Reserve does not directly control mortgage rates through the federal funds rate; instead, the main 30-year mortgage rate typically follows the 10-year U.S. Treasury yield, which is influenced by market expectations of future economic trends and monetary policy. This means that sometimes mortgage rates can differ from the Federal Reserve's decisions to cut rates or keep short-term rates steady. For example, when the Fed cut rates in September, market uncertainty about whether further cuts would follow actually pushed up mortgage rates. While this upcoming meeting may not replicate such a scenario, its outcome could still disturb the 10-year Treasury yield and indirectly impact mortgage rates. Investors, prospective homebuyers, and homeowners are all highly focused on mortgage rate movements. However, the current fluctuations in mortgage rates have a significant effect on the overall

Golden Finance reports that on Wednesday, as investors locked in some profits ahead of the Federal Reserve's rate decision and main Powell's press conference, gold prices declined slightly; silver, after touching a historical high during the session, oscillated narrowly below record highs. High Ridge Futures metals trading director David Meger said: “We may be entering a 'pause after rate cuts' path. But we still believe gold prices are generally in a sideways but stronger upward trend, and this is just a slight pause.” This meeting was the most divisive in years: policymakers, on one hand, need to weigh the necessity of rate cuts to support the labor market, while on the other hand, they are concerned that such measures could once again boost inflation.

BlockBeats News, December 10 — After investing hundreds of billions of dollars to build the most expensive team in tech history for months, Meta CEO Zuckerberg is now deeply involved in daily R&D and is pushing the company's strategy toward directly monetizable AI models. According to sources, a new model codenamed "Avocado" is expected to be released in Spring 2026 and may be launched in a closed-source manner (i.e., strictly controlled by Meta and sold for access). This move marks a significant deviation from Meta's long-standing advocacy of an open-source approach. Zuckerberg is dedicating a large amount of time to a core team called TBD Lab, which, during the training of Avocado, even integrated third-party models including Google Gemma, OpenAIgpt-oss, and Alibaba Qwen. Meanwhile, M

PANews December 10 News, according to Cointelegraph, Vitalik Buterin states that the occasional "loss of finality" on Ethereum does not pose a serious risk, with the key being to avoid "incorrect finalization." During this delay in finality caused by a Prysm client vulnerability, the chain can still operate normally. Ethereum expert Fabrizio Romano Genovese said that when finality is temporarily lost, Ethereum is more similar to Bitcoin, with its finality being probabilistic; Ethereum's rule is: when a block receives over 66% validator votes, it becomes "Justified," and after two more rounds of Epochs (64 blocks), it becomes "Finalized." He pointed out that this situation occurred in May 2023. Polygon states cross-chain and

The Federal Reserve will announce its interest rate decision on December 10, with the market expecting a 25 basis point rate cut to 3.50%-3.75%. There are internal disagreements, and some officials may oppose the rate cut. Meanwhile, the market is paying attention to whether a "Reserve Management Bond Purchase Plan" will be launched, with an expected scale of up to $60 billion.

ChainCatcher 消息，10x Research 在社交媒体上发文表示，比特币的主导地位正在下滑，而新鲜流动性正重返市场，这一拐点在历史上往往预示着山寨币将接棒领涨。模型持续显示近三个月的 BTC 偏好后，最新信号指向市场表现格局可能出现转变。稳定币的持续流入正在悄然重建风险偏好的资金基础，尽管交易量仍低于周期峰值水平。部分代币的反弹是由现货驱动而非杠杆驱动，这表明本轮轮动相比之前的虚假启动更为健康。与此同时，永续合约交易活跃的平台持续表现滞后，暗示过度扩张的仓位正在这些地方进行平仓。如果这次转向是真实的，那么表现最强的可能不是那些呼声最高的概念，而是那些已在暗处默默吸筹的资产。

At a time when market activity is slowing down, the SUI ecosystem has ushered in a favorable critical infrastructure. SUI officially announced that ZenLedger has been integrated into the network to provide users with automated tax processing, accounting tools, and audit compliance processes. The service covers more than 300 exchanges and 40 blockchains, making it one of the most comprehensive financial reporting solutions for current SUI users. This move targets the complex tax filing problem that has long plagued crypto traders, laying the foundation for SUI to attract a wider range of retail and institutional investors. Despite the positive progress in ecological construction, short-term data presents mixed signals. SUI's total DeFi value locked has decreased slightly by 1% in the past 24 hours, maintaining at $923 million, indicating stable funds but not expanding. The scale of lock-up is still considerable, which strengthens the confidence of long-term holders, but the incremental funds of the overall ecosystem have not yet returned.