Foresight News reports that the Solana ecosystem accelerator Colosseum has announced the winners of the Solana Cypherpunk Hackathon. Over 9,000 participants teamed up to submit a total of 1,576 final projects. The grand prize was awarded to Unruggable, a new hardware wallet and supporting application developed by Solana. Other first-place winners in their respective tracks include prediction market meta-aggregator Capitola (Consumer Tracking), on-chain "Buy Now Pay Later" solution Yumi Finance (DeFi Tracking), Solana-based trading debugging platform Seer (Infrastructure Track), oracle Autonom developed specifically for RWA (RWA Track), and connecting MCP and

Odaily星球日报讯 据行情软件显示，RAVE 价格突破 0.6 美元，最高触及 0.67 美元，24 小时涨幅 413%。

Odaily Planet Daily reports that Pi Network announced the winners of its first Open Network era hackathon. The event received over 215 submissions of mainnet applications that meet the ecosystem requirements. The first place was awarded to BlindLounge, a privacy-first anonymous social dating platform that requires KYC verification of users and integrates Pi payments to enhance authenticity and prevent abuse. The runner-up, Starmax, offers a Pi-based loyalty rewards system for merchants and users. The third place went to RUN FOR PI, a fast-paced parkour game that directly incorporates Pi into its in-game economy system. Additionally, five applications received honorable mentions: Kindrek, Workflet for Pi, PallyPay, SimpleJoy, and Agora.

Golden Finance reports that multiple DeFi and crypto organizations—including the DeFi Education Fund, a16z, The Digital Chamber, Uniswap Foundation, and others—have jointly sent a letter to the SEC criticizing Citadel Securities's stance last week demanding that the SEC strictly define "all intermediaries in tokenized U.S. stock trading." They stated that the SEC's analysis is "flawed" and misrepresents the facts. The crypto industry pointed out that Citadel is attempting to extend SEC registration requirements to any entity "somewhat related" to DeFi trading, mistakenly treating decentralized protocols as traditional "exchanges or brokerages." They emphasized that DeFi operates on autonomous software, without actual asset custody intermediaries, and should not be subject to the same regulatory framework.

Foresight News report, Multicoin Capital Managing Partner Tushar Jain and Jito Governance Lead Nick Almond jointly released "The Solana Constitution" proposal at the Solana Breakpoint conference, aiming to address the current ambiguity in Solana governance. The core of the proposal introduces the "Staker Override," allowing stakers to overturn their delegated validators' voting decisions on specific proposals, thereby solving the agent problem in representative democracy and granting ultimate sovereignty to stakers. The proposal recommends a dual-track system: SGPs for systemic changes require full network voting, while technical specifications

Gate News bot 消息，Gate 行情显示，GT 24 小时上涨 3.12%，现价 10.57 USDT。

Foresight News reports that, according to Bloomberg, Tether plans to raise up to $20 billion through a stock issuance and will consider tokenizing the shares after the sale is completed. Sources familiar with the matter revealed that Tether executives are considering various options, including share buybacks, and storing the company's stock in digital form on the blockchain through tokenization after the transaction. The sources also disclosed that at least one existing shareholder previously planned to sell shares at a price significantly below the company's $500 billion valuation, but Tether intervened to prevent this plan. The sources further revealed that Tether's management is concerned that a sell-off by current investors could impact its massive fundraising efforts. Due to the involvement of confidential information, these individuals requested anonymity. One insider stated that the company currently has no plans to allow existing shareholders to sell shares in this round of major financing.

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.

Gate News Bot Message, December 12th, according to CoinMarketCap data, TAO (Bittensor) is currently priced at $302.14, up 6.44% in the past 24 hours. The highest price reached $314.54, and the lowest dropped to $270.71. The 24-hour trading volume is $132 million. The current market capitalization is approximately $3.166 billion, an increase of $192 million compared to yesterday. # Recent Important News about TAO: 1️⃣ **Grayscale Bittensor Trust GTAO Launches on the Secondary Market, Opening a New Entry Point for Institutional Investors** Grayscale's Bittensor Trust has begun trading on the OTCQX secondary market operated by OTC Markets Group, with the stock ticker GTAO

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.

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

Bitcoin Layer2 Network Stacks Collaborates with Talent Protocol to Launch Weekly Builder Challenge, with the first week's theme focusing on developing Bitcoin applications using Clarity 4 smart contracts. The total reward is 5,000 $STX. Clarity 4 introduces several new features, and community participation is enthusiastic.

Gate News Bot Message, December 12th, according to CoinMarketCap data, UAI (UnifAI Network) is currently priced at $0.15, up 17.18% in the past 24 hours, with a high of $0.16 and a low of $0.13. The 24-hour trading volume reached $9.45 million. The current market cap is approximately $36.5 million, an increase of $5.35 million from yesterday. UnifAI Network is an AI-native infrastructure platform designed specifically for the autonomous DeFi era. Users can create, share, copy, and automate trading strategies on its platform.

Gate News Bot message, December 12th. According to CoinMarketCap data, LIGHT (Bitlight) is currently priced at $1.17, up 39.99% in the past 24 hours, with a high of $1.29 and a low of $0.57. The current market cap is approximately $50.3 million, an increase of $14.4 million from yesterday. Bitlight Labs is dedicated to making Bitcoin smarter, catalyzing the potential of the Bitcoin Lightning Network ecosystem, and promoting the development of the RGB-Lightning field. The company has established infrastructure for the Lightning Network and RGB protocol at the trading center, advancing the evolution of the Lightning Network and Bitcoin ecosystem, and developing a full range of solutions from BitcoinFi to Lightning applications. As a member of the LNP/BP Association and a primary contributor to the RGB protocol, Bitlight Labs is committed to...

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

The overall cryptocurrency market slightly increased, with Layer2 rising 1.66%. Merlin Chain increased by 4.99%, Bitcoin rose 1.37% to 92,000, and Ethereum in the US slightly declined. Other sectors such as Meme, Layer1, and DeFi all saw gains, with Zcash surging by 17.85%.

Gate News Bot Message, December 12th, according to CoinMarketCap data, BAT (Basic Attention Token) is currently trading at $0.28, up 14.00% in the past 24 hours, with a high of $0.30 and a low of $0.24. The 24-hour trading volume reached $59.9 million. The current market capitalization is approximately $423 million, an increase of $51.9 million from yesterday. Basic Attention Token (BAT) is dedicated to tokenizing the attention economy, providing users, advertisers, and creators with new ways to earn, participate, and trade. Since 2017, BAT has been widely adopted by millions of users worldwide, with nearly 2 million verified creators, and has been successfully operated within the Brave browser.

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

MOVE Labs former co-founder Rushi Manche announces the establishment of Nyx Group, planning to invest up to $100 million to support cryptocurrency token projects, providing funding and comprehensive operational support to help founders access capital in challenging market conditions.

Golden Finance reports that Edmond de Rothschild Asset Management's Chief Investment Officer Benjamin Melman pointed out that American artificial intelligence companies are facing fierce competition in electricity costs. He stated that the current electricity capacity in the U.S. is insufficient to meet the growing demand of AI companies, and electricity prices are significantly higher compared to other countries. "The U.S. has a fierce competitive issue regarding electricity costs, which will drive up AI operational costs."

Terra's LUNA token experienced a rare explosive surge this week, rising over 250% in the past ten days, clearly outperforming the overall cryptocurrency market. Key factors driving this rally include the implementation of network upgrades, the countdown to the legal trial of Terraform Labs co-founder Do Kwon, and cyclical rebounds caused by technical structures. The rally was first triggered by the Terra v2.18 network upgrade on December 7. This update mainly improved node performance, fixed memory vulnerabilities, and addressed intermittent reliability issues that had plagued the network for months. As technical improvements boosted market sentiment, external events further intensified volatility. Do Kwon is scheduled to be sentenced on December 11, 2025, at the Manhattan Federal Court. He has previously admitted to fraud charges related to the 2022 TerraUSD collapse. The incident caused approximately $40 billion in market capitalization to evaporate. Prosecutors seek a 12-year prison sentence, while the defense advocates for a lighter sentence. This legal milestone has become a major focus for short-term traders. As the verdict approaches, market speculative sentiment has significantly heated up, causing LUNA trading volume and price to rise in tandem.

The Federal Reserve cut interest rates by 25 basis points as scheduled, and the market reacted quickly, with Ethereum emerging as the biggest winner. Although Bitcoin hovered around $92,000, ETH successfully held its pre-meeting gains above $3,300, highlighting its sensitivity to liquidity cycles. This round of gains was not driven by leverage but by a structural reevaluation fueled by spot demand. CryptoQuant data shows that despite ETH prices rising, the funding rates in the derivatives market remain low, indicating that the typical high-leverage bubbles associated with upward movements have not appeared. On-chain data also supports this trend. Santiment reports that in the three weeks leading up to the Federal Reserve meeting, "whales" and "sharks" accumulated approximately 1 million ETH, worth over $3.1 billion. This suggests that institutions were betting early on a continued easing cycle by the Fed rather than aggressive tightening. Meanwhile, the approximately $66.5 billion in stablecoin reserves (dry powder) on exchanges provides strong potential buying pressure for the rally.

Bitcoin remains resilient after the Federal Reserve's third rate cut this year, with a brief correction but still stabilizing above $90,000. Over the past 24 hours, the cryptocurrency market has declined by about 3%, mainly due to traders' disappointment over policy expectations not being met and large holders selling off. Previously, the market widely anticipated a more dovish stance, so after briefly reaching $92,000, Bitcoin experienced profit-taking, causing Ethereum, Solana, XRP, ADA, and Dogecoin to fall in tandem. The overall market capitalization also decreased from $3.22 trillion to $3.07 trillion. There are still disagreements within the Federal Reserve regarding the future direction of monetary policy, and the plan to possibly purchase up to $40 billion in Treasury bonds over the next 30 days further increases market uncertainty. With no additional rate cuts scheduled in the near term, investors will focus on the next FOMC meeting in January 2026.

Sei (SEI) price tests the $0.14 key resistance level again amid surging trading volume, and its new integration with Xiaomi Wallet has also drawn market attention to its long-term potential. As of now, SEI is priced at $0.1421, up 2.1% in the past 24 hours, up 2.3% over the past week, but down 24% over the past 30 days, remaining in a generally weak structure. The rapid increase in market activity is the core driver of recent market trends. In the past 24 hours, SEI's spot trading volume surged 261% to $237 million. Derivatives data is also strong, with open interest increasing 8.7% to $100 million, and derivatives trading volume rising 202% to $400 million. This indicates that funds are establishing new positions, which typically suggests that a directional breakout in the market is imminent.

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

Pi Network is facing renewed legal scrutiny as a new lawsuit emerges in the United States, but one industry expert argues the case is unlikely to hold up in court. According to Pi researcher Dr. Altcoin, the lawsuit filed in the U.S. District Court in California is “deeply flawed” and built on claims that misrepresent the project’s history and technical structure. In a detailed post on X, Dr. Altcoin criticized the lawsuit for presenting misleading information—most notably the allegation

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.

Sygnum's latest release of the "2025 Asia-Pacific High Net Worth Individual Report" shows that wealthy investors in Asia are accelerating their adoption of digital assets. The survey covered over 270 high-net-worth and professional investors across 10 Asia-Pacific markets. The results indicate that 87% of respondents have incorporated cryptocurrencies into their investment portfolios, with 49% allocating more than 10% of their assets to digital assets. The overall median allocation is between 10% and 20%. Additionally, up to 60% of wealthy investors plan to further increase their allocations in the future, reinforcing Asia's leading position in the global crypto market. The report emphasizes that this trend reflects the maturation of the private wealth management market in Asia. Behaviors previously dominated by speculation and short-term trading are being replaced by "wealth preservation" and "intergenerational planning." Ninety percent of respondents consider digital assets an important component of long-term wealth management, and diversification is the primary motivation for their crypto investments. Correspondingly, high-net-worth investors are demanding more complex products, including active management strategies, outsourced portfolio management, and yield enhancement tools.

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.

BlockBeats News, December 11th, according to GMGN monitoring, affected by market correction, the overall on-chain ecosystem of Solana shows a downward trend. Meme coins that had significant gains yesterday, such as 67 and SPARK, have experienced varying degrees of decline today, while PIPPIN's price remains stable. However, some Meme coins continue to maintain yesterday's gains. The specific information is as follows: JELLYJELLY: up 37% in 24 hours, with a market cap of approximately $58.7 million, currently priced at about $0.058; FKH: up 31% in 24 hours, with a market cap of approximately $8.04 million, currently priced at about $0.008; PIPPIN: up 4.9% in 24 hours, with a market cap of approximately $344 million, currently priced at about $0.344; 67: down 28% in 24 hours, with a market cap of approximately $1.635 million.

Gelep Mindfulness City Administration announced that Matrixport's Matrixdock has become the core technology partner for the gold-backed token TER, responsible for building its underlying tokenization technology framework. This marks Matrixdock's leading position in the national RWA scenario, laying the foundation for Bhutan's digital financial system and potentially influencing industry standards.

Midnight Network's NIGHT token surged nearly 200% within 24 hours of its launch on December 9, with a total market capitalization surpassing $1.2 billion. Its first-day trading volume exceeded $320 million, making it one of the most关注的新项目之一 in the privacy sector this quarter. Midnight is positioned as a partner chain of Cardano, with its initial token minting and ledger utilizing Cardano's native asset architecture. As the privacy coin narrative rapidly heated up after October, the launch of Midnight was seen as hitting a critical point in market sentiment shift. Over the past two months, Zcash experienced a tenfold surge against regulatory pressures, and the total trading volume of privacy coins such as Dash, Monero, Railgun, and Decred once approached $3 billion.

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.

Gate News Bot Message, December 11th, according to CoinMarketCap data, as of press time, LUNA (Terra) is now trading at $0.21, up 39.42% in the past 24 hours, with a high of $0.25 and a low of $0.07. The 24-hour trading volume reached $703 million. The current market capitalization is approximately $150 million, an increase of $42.6 million compared to yesterday.

Gate News Bot message, December 11th, according to CoinMarketCap data, POWER (Power Protocol) is currently priced at $0.24, up 16.99% in the past 24 hours, reaching a high of $0.32 and a low of $0.07. The 24-hour trading volume is $820 million. The current market capitalization is approximately $49.8 million, an increase of $7.24 million compared to yesterday.

Gate News Bot message, December 11th, according to CoinMarketCap data, at the time of press, BEAT (Audiera) is currently priced at $1.70, up 32.10% in the past 24 hours, with a high of $2.02 and a low of $0.98. The current market cap is approximately $273 million, an increase of $64.4 million from yesterday. Audiera is an innovative Web3 platform that combines dance and blockchain, inheriting 20 years of dance cultural heritage and boasting a community of 5.6 million dancers. The platform offers an experience through the Groove app without the need for downloads, allowing users to connect their wallets and interact with AI virtual idols Kira and Ray. Audiera supports earning rewards through dancing, providing features such as dApp, NFT creation, staking, and mining, leading a new era of dance and virtual integration. # BEAT recent

Gate News Bot message, December 11th, according to CoinMarketCap data, as of press time, FHE (Mind Network) is currently trading at $0.06, up 31.38% in the past 24 hours, with a high of $0.06 and a low of $0.01. The 24-hour trading volume reached $34.4 million. The current market capitalization is approximately $20.6 million, an increase of $4.93 million from yesterday. Mind Network is a pioneer in Fully Homomorphic Encryption (FHE) infrastructure, dedicated to building a completely encrypted internet. Its core technology, FHE, is regarded as the "Holy Grail" of cryptography, built on lattice cryptography, and has been recognized by NIST as an approved post-quantum cryptographic standard in 2024.