China Asset Management Hong Kong will launch Asia's largest tokenized money market fund, supporting HKD, USD, and CNY denominations, offering on-chain stable returns, transparency, and real-time settlement. The plan is to expand from Hong Kong to a broader region.

Odaily Planet Daily reported that the S&P 500 Index closed at a new all-time high again on Thursday. While this is not uncommon in 2025, it has been six weeks since the last record was broken. Ed Clissold, Chief US Strategist at Ned Davis Research, said, “Considering that US companies continue to deliver strong earnings reports, and the US economy has proven to be resilient, the current market sentiment is far from euphoric, which means there is still room for further gains by the end of the year and into early next year.” Noticing that investor enthusiasm is not only subdued at Ned Davis Research, even though the stock market is at an all-time high. Barclays’ “Stock Market Euphoria Indicator” has stabilized but remains well below its early October peak, indicating that the market still has “dry gunpowder” to drive potential year-end gains. (Jinshi)

Odaily Planet Daily News: The Federal Reserve signaled this week its openness to continue cutting interest rates in 2026, which was welcomed by investors. The market had previously prepared for the central bank to implement "hawkish rate cuts," i.e., lowering the benchmark federal funds rate, while also strongly indicating a reluctance to make further adjustments. The US stock market rose along with bonds, with the Dow Jones Industrial Average climbing nearly 650 points (1.3%) on Thursday, reaching a new all-time high. Despite internal disagreements within the Fed and the release of complex signals on Wednesday, many still see signs that even a slight further softening of the labor market could prompt the central bank to cut rates again in the coming months. The Fed announced it will expand its balance sheet by purchasing short-term government bonds, an initiative aimed at easing recent pressures in the overnight lending market, which also reassured investors. Investors expect that the Fed will be very different next year, and Trump has already begun to target this week.

Odaily Planet Daily News: RaveDAO announces the RAVE airdrop ratio and distribution mechanism for Genesis Membership Pass holders. According to the announcement on December 12, the airdrop exchange ratio is: 1 RAVE Point = 2 RAVE. This airdrop has three wallet submission windows, corresponding to different RAVE distribution times: Window One - Submission Time: December 10, 2025, 08:00

Foresight News现场报道，stablecoin payment platform KAST founder and CEO Raagulan Pathy introduced several product updates at the Solana Breakpoint conference, including: now supporting payments via SWIFT to over 125 countries or regions, with no fees for amounts exceeding $5000; plans to expand real-time payments to 55 countries or regions in the coming weeks using local payment channels such as Brazil's Pix and India's UPI; will launch the Savings Vault feature in collaboration with Gauntlet next week, with an approximate yield of 7%, which will support direct consumption and collateralized lending in the future; has opened the enterprise version waiting list; launched KAST.

This article summarizes cryptocurrency news as of December 12, 2025, including the latest updates on Bitcoin, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include: 1. The US SEC allows DTCC to custody and recognize tokenized stocks and other RWA assets on the blockchain 2. Hex Trust will issue and custody wXRP to expand its DeFi applications across multiple blockchains 3. The Solana ecosystem's MEV-based liquidity staking reward protocol Toby will launch a token

Gate News Bot message, December 12th, according to CoinMarketCap data, as of press time, LUNC (Terra Classic) is trading at $0.00, down 22.56% in the past 24 hours, with a high of $0.000079848 and a low of $0.0000063462. The 24-hour trading volume reached $174 million. The current market capitalization is approximately $255 million, a decrease of about $74.37 million from yesterday. Terra Classic is an open-source decentralized blockchain driven by the Tendermint consensus mechanism and Cosmos SDK, operating independently of the original Terra network. Maintained by a diverse set of validators and one of the most active communities in the crypto space, its block finalization time is about 6 seconds, with transaction fees below 1 cent.

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, LUNA (Terra) is now trading at $0.18, down 24.30% in the past 24 hours, with a high of $0.25 and a low of $0.10. The 24-hour trading volume reached $453 million. The current market cap is approximately $125 million, down $40.26 million from yesterday. # Recent Important News on LUNA: 1️⃣ **Rwandan Court Sentencing Results Trigger Short-term Correction Pressure** Terraform Labs co-founder Rwandan was sentenced on December 11th at the Manhattan Federal Court, marking a new phase in the legal proceedings of the 2022 TerraUSD collapse. The incident once wiped out about $40 billion in market value and was one of the most significant crises in cryptocurrency history.

XRP price trend is entering a critical phase. As the descending triangle pattern tightens further, market concerns about a potential decline are intensifying. At press time, XRP trading price is at $2.03, up slightly by 1% in the past 24 hours, but the overall momentum remains weak. Over the past week, XRP has traded within a range of $1.99 to $2.17, located at the tip of the descending triangle, with space clearly narrowing, indicating an imminent breakout. From a longer-term perspective, XRP has fallen 14% in the past month, retreating about 45% from the July all-time high of $3.65. Trading activity has also decreased, with spot daily trading volume dropping to $3.08 billion, a 26% decrease day-over-day, and the derivatives market showing a similar weakening trend. According to CoinGlass, futures trading volume has declined by 25%, with open interest slightly down to $3.69 billion. When both spot and derivatives volumes decline simultaneously, it often indicates that market participants are avoiding risk and waiting for clear directional signals.

Solana officially announced on X that the Solana Breakpoint 2026 conference will be held in London for the first time: Date: November 15 to 17 Location: London Olympia Exhibition Centre

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, LINK (Chainlink) is trading at $14.08, up 3.64% in the past 24 hours, reaching a high of $14.98 and a low of $13.23. The 24-hour trading volume is $595 million. The current market capitalization is approximately $9.809 billion, an increase of $345 million from yesterday, ranking 13th. Chainlink is the industry-standard oracle platform, dedicated to bringing capital markets on-chain and supporting most decentralized financial applications. As an integrated oracle platform, Chainlink provides key infrastructure for creating cross-chain interactive advanced blockchain applications, including data, compliance, privacy, connectivity, and orchestration features.

Gate News Bot Message, December 12 - According to CoinMarketCap data, as of press time, US (Talus Network) is trading at $0.02, up 33.96% in the past 24 hours, with a high of $0.03 and a low of $0.01. The current market cap is approximately $45.2 million, an increase of $11.4 million from yesterday. Talus Network is an ecosystem of blockchain infrastructure and AI agent platforms, offering services including the Nexus framework, IDOL.fun Agent vs Agent gaming platform, AI Agent launchpad and tokenization platform, Talus Vision no-code agent builder, and more. It aims to promote the development and application of decentralized AI agents.

Netflix has released a trailer for the comedy "One Attempt Remaining," starring Jennifer Garner. The film tells the story of a divorced couple racing against time to recover a $35 million cryptocurrency key.

Matrixport's weekly report indicates that despite the Federal Reserve cutting interest rates, future policy uncertainty has increased, and the market's response to the situation is limited. Bitcoin has fallen below its long-term trend for the first time, overall liquidity remains tight, trading has not yet recovered, emphasizing the importance of position management and risk control.

Gate News Bot message, December 12th, according to CoinMarketCap data, as of press time, USUAL (Usual) is currently priced at $0.03, up 16.19% in the last 24 hours, with a high of $0.03 and a low of $0.02. The current market capitalization is approximately $43.2 million, an increase of $6.02 million from yesterday. Usual is a decentralized protocol dedicated to building a distributed banking system. Its issuance of fiat-backed stablecoins supported by real assets (RWA) combines the security of real assets with the composability and liquidity of DeFi. The protocol returns ownership and governance rights to users through the USUAL token. Usual's core products include USD0 stablecoin—a RWA stablecoin fully backed by US short-term government bonds—and USD0++—the liquid staking version of USD0, which provides

Gate News Bot Message, December 12 — According to CoinMarketCap data, as of press time, ICNT (Impossible Cloud Network) is trading at $0.35, up 39.07% in the past 24 hours. The highest reached $0.36, and the lowest dropped to $0.23. The 24-hour trading volume is $11.4 million. The current market capitalization is approximately $59.3 million, an increase of $1.67 million from yesterday. Impossible Cloud Network (ICN) is a global bare-metal AI infrastructure network dedicated to providing high-performance, low-cost cloud computing solutions for enterprise AI applications. The network has been deployed in key global markets including Europe, the US, and Asia, offering instant access to enterprise-ready AI infrastructure. ICN's ecosystem generates an annual revenue of $7 million and provides

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, SOL (Solana) is trading at $136.84, up 4.28% in the past 24 hours, with a high of $144.74 and a low of $128.29. The 24-hour trading volume reached $4.843 billion. The current market cap is approximately $76.872 billion, an increase of $3.156 billion from yesterday. Solana is a high-performance public chain providing global financial infrastructure for the masses. The Solana network is known for its high speed, low fees, and scalability, with a block time of only 400 milliseconds, capable of processing thousands of transactions per second, while maintaining transaction fees below $0.0025. The network is supported by thousands of independent validating nodes, ensuring data security and censorship resistance. Solana has processed over 340 million NFTs.

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, SAGA (Saga) is currently trading at $0.07, up 10.59% in the past 24 hours, with a high of $0.08 and a low of $0.06. The 24-hour trading volume reached $9.27 million. The current market capitalization is approximately $24.4 million, an increase of $2.33 million from yesterday. Saga is a blockchain infrastructure protocol dedicated to enabling developers to easily and quickly create their own dedicated, scalable, and interoperable Layer-1 chains. The platform provides unlimited horizontal scalability through the Saga protocol, allowing users to launch EVM-compatible Layer-1 blockchains permissionlessly within minutes. Core features of Saga include: unlimited horizontal scalability, zero transaction fees, and no

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, RSR (Reserve Rights) is trading at $0.003374, up 15.25% in the past 24 hours, with a 24-hour trading volume of $31.7 million. The current market capitalization is approximately $208 million, an increase of $2.76 million from yesterday. Reserve is a decentralized token investment portfolio (DTF) platform, similar to an ETF in the crypto space, allowing users to gain exposure to the entire crypto market, specific sectors, and investment strategies with one click. RSR is the governance token of the platform, and holders can stake RSR to protect the protocol, participate in governance, and earn rewards.

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is currently trading at $92,362.57, up 2.83% in the last 24 hours, with a high of $94,601.57 and a low of $87,799.56. The 24-hour trading volume reached $60.103 billion. The current market cap is approximately $1.84 trillion, an increase of $50.698 billion compared to yesterday. Bitcoin is an innovative payment network and a new type of currency. Bitcoin operates on peer-to-peer technology, without the need for a central authority or bank management. Transaction management and Bitcoin issuance are collectively handled by the network. Bitcoin is open source, with its design publicly available. No one owns or controls Bitcoin, and everyone can participate. Through many unique attributes, Bitcoin provides fast

Gate News Bot message, December 12th, according to CoinMarketCap data, as of press time, ZEC (Zcash) is trading at $458.96, up 16.47% in the past 24 hours, with a high of $468.78 and a low of $329.74. The 24-hour trading volume reaches $1.178 billion. The current market capitalization is approximately $7.542 billion, an increase of $1.067 billion from yesterday. Zcash is the first cryptocurrency to implement private peer-to-peer payments using zero-knowledge cryptography technology. As a form of encrypted electronic cash, ZEC protects user privacy through end-to-end encryption while adopting a decentralized protocol to ensure fund autonomy. ZEC transaction speeds are faster than Bitcoin, with transaction fees usually only a few cents. Users can manage their assets in multiple ecosystem wallets such as Zashi Wallet, Edge Wallet, and others, and on Gat

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, 42 (Semantic Layer) is currently priced at $0.06, up 18.85% in the past 24 hours, with a high of $0.06 and a low of $0.05, and a 24-hour trading volume of $1.95 million. The current market capitalization is approximately $8.38 million, an increase of $1.33 million from yesterday. Semantic Layer is a programmable MEV supply chain solution dedicated to providing better incentive alignment for dApps, achieving MEV internalization and ordering sovereignty. The project enables programmable MEV distribution through smart meta-transaction standards, improving benefits for users and developers. Semantic Layer has received investments from Figment Capital, Ha

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, SOMI (Somnia) is reported at $0.26, up 14.11% in the past 24 hours, reaching a high of $0.28 and a low of $0.21, with a 24-hour trading volume of $67.2 million. The current market capitalization is approximately $41.3 million, an increase of $5.11 million compared to yesterday. # Important recent news about SOMI: 1️⃣ **Mainnet launch boosts market attention** The Somnia mainnet has officially gone live and is accompanied by the issuance of the native token SOMI. The launch of the mainnet marks the project's transition from the testing phase to a production environment. Previously, the testnet handled over 1 billion transactions, validating the network's stability and capacity. The mainnet launch is typically a significant milestone for a crypto project and can attract market interest.

Gate News Bot message, December 12th. According to CoinMarketCap data, at the time of press, FIS (StaFi) is trading at $0.03, up 32.72% in the past 24 hours, reaching a high of $0.04 and a low of $0.02. The current market capitalization is approximately $4.49 million, an increase of $1.11 million from yesterday. StaFi is a liquid staking protocol dedicated to providing liquidity solutions for staked assets, helping users earn asset liquidity income while participating in network security. Recent important news about FIS: 1️⃣ **Ecosystem Application Expansion and Cross-Chain Strategy Deployment** The StaFi platform launched a tokenized loan market on the Avalanche public chain, collaborating with partners to provide innovative financing solutions for small and medium-sized banks. This move expands the platform

According to PANews, a whale has increased its ETH long position in a short period, now holding 140,094.5238 ETH, worth approximately $453 million. At the same time, the whale has opened new SOL and BTC long positions, with a total holding size reaching $556 million and an unrealized profit of $9.3 million.

Golden Finance reports that according to CCTV News, on December 11th, local time, the U.S. House of Representatives voted 237 in favor and 140 against to shelve the impeachment motion against U.S. President Donald Trump proposed by Texas Congressman Al Green. All Republican members of Congress voted in support of this so-called "shelving motion," and although many Democratic members of the House privately believe Trump should not continue to serve as president or should be impeached, most of them are unwilling to push forward with this resolution.

WLFI Treasury company ALT5 Sigma releases earnings update, with its ALT5 Pay and ALT5 Prime platforms processing over $5 billion in cryptocurrency transactions. At the same time, WLFI tokens held amount to approximately 7.28 billion tokens, with a total market value of about $1.1 billion.

CZ quoted 20-year-old lottery winner Brenda who refused a one-time payout of $1 million and chose a weekly $1,000 annuity. He suggested she invest the cash in Bitcoin or BNB for higher returns, believing the investment gains would surpass the total annuity of $5.2 million.

This article summarizes cryptocurrency news as of December 11, 2025, including the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include: 1. If SpaceX goes public next year with a valuation of $1.5 trillion, Elon Musk is expected to become the world's first "trillionaire." 2. Payment giant Stripe acquires the Valora wallet team to expand its stablecoin services. 3. The US OCC warns Wall Street about the "de-banking" issues in the digital asset industry, stating that such practices are "illegal."

Blockstream announces that its mobile wallet has completed a major upgrade, allowing users to trustlessly swap between the Lightning Network and Liquid Network via Boltz. This update enables users to pay Lightning invoices directly with Liquid Bitcoin (LBTC) without manually managing channels or maintaining inbound liquidity, further enhancing the smoothness and convenience of cross-layer Bitcoin network usage. According to Blockstream, this integration relies on Hash Time-Locked Contracts (HTLC), ensuring that all swaps are completed atomically: either all succeed or all are rolled back. If a transaction fails, funds will automatically be returned to the original wallet, with the entire process requiring no third-party custody, thereby increasing user fund security. Boltz, as a non-custodial swap service provider, is responsible for executing swaps between Lightning and Liquid, making the entire process efficient and trustless.

Author of The Big Short and well-known investor Michael Burry recently issued a strong warning regarding the Federal Reserve's plan to purchase $40 billion worth of T-bills within a month. He believes that this move exposes the structural fragility of the U.S. banking system rather than stability as perceived by the outside world. At the same time, this policy direction could create new downward pressure on Bitcoin (BTC) and the broader crypto market. Federal Reserve Chairman Powell stated that this bond purchase is a "reserve management operation" and not quantitative easing (QE). However, Burry pointed out that the Fed has continued to expand its balance sheet while the banking system is under pressure, indicating that the market still struggles to move away from liquidity support. He emphasized that bank reserves have now exceeded $3 trillion, far above the $2.2 trillion level before the 2023 regional banking crisis. He warned that if the banking system must rely on such a large "lifeline" of liquidity, it is not strong but fragile.

BlockBeats News, December 11 – Solayer officially released its InfiniSVM mainnet Alpha version today. InfiniSVM is a hardware-accelerated blockchain capable of sustaining a throughput of 300,000 transactions per second, with sub-second finality. The network enables developers to deploy existing Solana applications while achieving excellent performance, unlocking use cases in high-frequency trading, real assets, institutional finance, and more. Users can connect SOL via sBridge and immediately interact with deployed applications. Developers can access documentation and deployment tools to start building applications on InfiniSVM. This release coincides with Solana Breakpoint in Abu Dhabi, marking that Solayer has integrated into

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.

Pi Coin 在突破之前支撑其11月上涨趋势的关键图形形态后，重新受到卖压。该代币在过去一周内下跌了近10%，在过去24小时内又下跌了4%，确认了向下的形态破位，现在威胁将价格推向新的历史低点。交易者关心的关键问题是 Pi Coin 是否能在更深的亏损出现之前实现稳定。 Pi Coin 在接近 \$0.219 的颈线以下的崩盘，完成了经典的头肩底形态。

Gate News Bot Message, December 11 — According to CoinMarketCap data, at the time of press, YALA (Yala) is trading at $0.03, up 24.96% in the past 24 hours. The highest price reached $0.03, and the lowest dropped back to $0.03. The 24-hour trading volume is $4.47 million. The current market cap is approximately $9.09 million, an increase of $1.81 million from yesterday. Yala is a Bitcoin liquidity protocol that over-collateralizes BTC to mint $YU stablecoin, providing trustless Bitcoin liquidity for DeFi, real-world assets, and global payments. Users can achieve true self-custody, low liquidation risk, and full Bitcoin exposure on the Yala mainnet. Currently, Yala’s total value locked (TVL) is $90.35 million, with a total supply of $38.39 million of $YU. Users can access through Pro Mode and

Foresight News现场报道，Jupiter Chief Operating Officer Kash Dhanda announced multiple product updates at the Solana Breakpoint conference: Jupiter Lend officially ended public testing today and has been fully open-sourced, with the code now available in the repository; Jupiter launched Jupiter Terminal, providing on-chain trading experiences and features such as wallet real-time tracking; Jupiter will introduce Jupiter Rewards Hub, establishing a $1 million reward pool to incentivize trading and referrals; Jupiter will release a developer platform offering API documentation, real-time analytics, and debugging support; additionally, Jupiter announced the launch of a stablecoin aimed at DeFi.

BlockBeats News, December 11 — The Astros Leaderboard officially launched on December 8, and simultaneously opened a 15-day early bonus window (December 8 – December 22) offering double points. Users can climb the leaderboard at a lower cost during the early phase, securing future airdrops and privileges in advance. The Astros Leaderboard launched this time will cover multiple core activity dimension scoring systems, including: Trading Volume

Gate News Bot message, December 11th, according to CoinMarketCap data, as of press time, STABLE (Stable) is currently priced at $0.02, up 0.05% in the past 24 hours, with a high of $0.05 and a low of $0.02, and a 24-hour trading volume of $3.09 billion. The current market capitalization is approximately $312 million. Stable is a blockchain designed specifically for stablecoin payments, providing a native first-layer settlement layer for USD₮. The platform aims to address issues such as fragmented liquidity, unpredictable fees, and institutional friction within the current stablecoin ecosystem.

Gate News Bot messages, December 11th, according to CoinMarketCap data, as of press time, LUNC (Terra Classic) is trading at $0.00006374, up 7.22% in the past 24 hours, with a high of $0.000079848 and a low of $0.0000063462. The 24-hour trading volume reached $275 million. The current market capitalization is approximately $349 million, an increase of $23.5 million from yesterday. Terra Classic is an open-source decentralized blockchain based on Cosmos-SDK, protected by Tendermint consensus mechanism. As an independent branch of the original Terra network, Terra Classic is maintained and operated by numerous validators and active community organizations. Block confirmation time is about 6 seconds, transaction fees are less than one cent, and on-chain smart contract execution is fully autonomous.

Elon Musk recently sent two major signals within hours: first, confirming that SpaceX is accelerating towards going public; second, clearly stating that he will no longer participate in the government efficiency department (DOGE) project. This has been interpreted by the outside world as him fully returning to the business sector after experiencing a turbulent political cycle. Musk made the above statement in response to an article by space journalist Eric Berger about "SpaceX's upcoming IPO." He replied, "Eric is right," which is equivalent to publicly confirming the IPO plan for the first time. Berger, as one of the journalists who knows SpaceX best, is often regarded as an industry trendsetter.

Gate News Bot Message, December 11th, according to CoinMarketCap data, as of press time, WET (Humidifi) is currently priced at $0.22, down 13.47% in the past 24 hours, with a high of $0.34 and a low of $0.11, and a 24-hour trading volume of $223 million. The current market capitalization is approximately $50.4 million, a decrease of $7.85 million from yesterday. HumidiFi is a trading leaderboard platform based on the Solana blockchain, providing users with real-time trading volume rankings, achievement systems, and trading data display features. The platform builds a transparent trading ecosystem for ecosystem participants through Litepaper and Tokenomics mechanisms. # Important recent news about WET: 1️⃣ **Token Restart Mechanism Successfully Restores Market Confidence**

Gate News Bot Message, December 11th, according to CoinMarketCap data, as of press time, XRP (XRP) is trading at $2.01, down 3.62% in the past 24 hours, with a high of $2.17 and a low of $2.00. The 24-hour trading volume reached $4.18 billion. The current market capitalization is approximately $121.366 billion, down $4.56 billion from yesterday. XRP Ledger is a blockchain built for business, driven by a global community of businesses and developers, dedicated to solving real-world problems and creating value. With over ten years of error-free operation, it offers a smooth development experience, extremely low transaction costs, high performance, and sustainability. XRP Ledger features open decentralization, open-source accessibility, and community maintenance. Each transaction costs only a few cents, with fast settlement times measured in seconds.

Odaily Planet Daily News: The cryptocurrency trading platform Ave.ai officially released a major update for the Android version 2.3.06 today, focusing on optimizing user experience to create a more efficient and reliable trading environment for users. The new version is now available for download, and users can upgrade immediately. The iOS update with new features will also be released soon. Highlights of this update include: 1. New homepage design: The new homepage adopts a minimalist style, making the visuals cleaner. Users no longer need to search through layers; the homepage directly accesses the wallet and the popular Token trading area. 2. Bot copy trading system: An innovative Bot copy trading feature is directly integrated into the app, allowing users to follow experienced wallet addresses that are profitable with one click, and to copy their trading strategies in real-time. The system includes risk filtering mechanisms to help beginners avoid common pitfalls and make earning money simpler and more reliable. 3. Multi-signature wallet upgrade

Gate News Bot message, December 11th, according to CoinMarketCap data, as of press time, PI (Pi) is now priced at $0.21, down 4.40% in the past 24 hours, with a high of $0.23 and a low of $0.20. The current market capitalization is approximately $1.738 billion, down $80.0456 million from yesterday. Pi is the first digital currency that can be mined on a mobile phone, achieving mobile mining without draining the battery through groundbreaking technology. Pi Network features decentralization, mobile-first design, and user-friendliness, providing a secure, tamper-proof, and interoperable digital currency solution. Users can start mining simply by downloading a free mobile app, with no costs involved, requiring only an invitation from existing trusted members in the network. # Recent Important News about PI: 1️⃣ **KYC verification effect**

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.