Foresight News现场报道, Cryptocurrency financial services company Abra CEO Bill Barhydt announced at the Solana Breakpoint conference the launch of AbraFi, a synthetic asset tokenization platform based on Solana. AbraFi will be released to the public in the form of a DAO, not owned by Abra Inc. Governance token AFI holders will receive a majority of the protocol's revenue share and have governance rights over the product mechanism. The first product of AbraFi is a synthetic US dollar.

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.

Foresight News: The co-founder of token sales platform Legion, Matt OConnor, stated at the Solana Breakpoint conference that Legion will launch multiple Solana ICO projects within the next 60 days and plans to introduce compliant rights sale features in the first quarter of next year, providing a compliant path from seed rounds to public token issuance. Matt OConnor pointed out that the traditional dual-capital structure of "equity + tokens" has caused approximately $250 billion in value destruction over the past five years, resulting in VC protections for equity holders while token holders suffer. Legion aims to promote "Tokens as Rights"

x402 Payment Protocol officially released version 2 on December 11, 2025, further strengthening its core position in AI-native payments and autonomous machine trading. Since launching six months ago, x402 has completed over 100 million transactions through API, AI agents, and Web services. The V2 version incorporates key upgrades accumulated during this period. The most notable highlight of this update is the realization of a unified payment format for "multi-chain + traditional payment networks." The new protocol standardizes network and asset identification, enabling developers to seamlessly route payments between blockchains like Base, Solana, and traditional networks such as ACH and bank card networks. As a result, x402 is gradually becoming a neutral payment layer connecting crypto finance and traditional finance, simplifying cross-network settlement processes and providing more compatible payment infrastructure for AI agents, automation services, and Web applications.

PANews December 12 News, Pyth Network announced the launch of the PYTH Reserve Mechanism, which uses protocol revenue to purchase PYTH tokens monthly, directly linking product adoption with network value. As a key part of financial infrastructure, Pyth Network has supported over $2.3 trillion in cumulative trading volume. The new mechanism aims to promote sustainable value growth. The PYTH Reserve allocates one-third of funds from DAO treasury each month to buy PYTH tokens on the open market, combined with quarterly pricing optimization strategies to ensure revenue growth is directly converted into buying pressure for the token. Pyth's economic engine is powered by Pyth Pro, Pyth Core, Entropy, and Express

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.

World announces its app has received a major upgrade. The new version introduces encrypted chat, virtual accounts, and support for encrypted payments with over 100 assets, officially moving towards a “super app” that combines identity verification and global payments. Led by Sam Altman, the core goal of the project is to provide users with reliable human verification tools in an era of rapid AI technological development. According to the official announcement, this upgrade allows users to send, recharge, and withdraw cryptocurrencies within the World wallet and virtual accounts, experiencing a convenient payment process similar to Venmo. The new app supports USDC, EURC, wrapped Bitcoin, Ethereum, and over 100 other cryptocurrencies, covering a broader crypto asset ecosystem.

According to DefiLlama data, there are 73 projects that raised over $10 million in the past three months, with only Tempo being an L1 public chain. Venture capital mainly focuses on prediction markets, payment systems, and other areas. Among AI-related companies, only 2 meet the funding criteria.

AVAX recently successfully broke through the descending wedge consolidation pattern, but the upward momentum has significantly weakened. Over the past few days, the price has retreated about 9%, indicating that the bullish strength is starting to tire. Meanwhile, the Stochastic RSI has fallen back from the overbought zone, also reflecting a cooling phase in the market. This development coincides with the Avalanche Foundation announcing the establishment of a Distributed Ledger Technology (DLT) Foundation in the Abu Dhabi Global Market (ADGM). The move aims to enhance transparency and promote the adoption of Avalanche in the Middle East region. If regional adoption accelerates, it is expected to strengthen the long-term demand base for AVAX.

ChainCatcher news, in the 2025 Entrepreneur Middle East Leadership Awards held in Dubai, Gate was awarded the "Crypto Industry Icon" for the year. This honor is awarded by the over ten-year-old business media Entrepreneur Middle East, to recognize outstanding representatives who demonstrate significant influence, industry driving force, and ecological contribution in the global crypto and Web3 fields. As one of the earliest platforms to establish a global layout within the industry, Gate has long focused on user experience, security system construction, and continuous investment in key infrastructure, and has continuously strengthened practices in asset transparency, compliant operations, and promoting industry standardization. In recent years, Gate

Odaily星球日报讯 Circle CEO Jeremy Allaire 援引 Token Terminal 数据发文表示，Circle 旗下代币化基金 USYC 位列市场增长最快代币化基金，其市值达 13 亿美元，在过去 30 天左右上涨了 737.7%。

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.

In the Ethereum (ETH) market, large-scale withdrawals from staking continue, with approximately 400,000 ETH (about $1.3 billion) returning to the market over the past 20 days. Although ETH prices fell by 2.8% during the day to $3,227 as of the 11th, they have maintained a weekly increase of 3.1%. However, macro uncertainty and staking outflows remain a drag on the price, and the market continues to lack a clear direction. Meanwhile, one of the world's largest Ethereum holding companies, BitMine, is accelerating its buybacks. Founder Tom Lee has called the fall below $3,000 a "bottoming signal," and last week alone, purchased 138,452 ETH (about $460 million). As a result, BitMine's total holdings have risen to approximately 3,864,000 ETH (3.2% of the total supply), further strengthening its presence as a DAT company.

American Bitcoin (ABTC) has experienced significant adjustments over the past month, with its stock price falling over 60% to hover around $1.85. In the last 24 hours, the stock price dropped an additional 4.9%, triggering market concerns about its business model and financial health. However, despite the worsening market sentiment, the company has quietly expanded its Bitcoin reserves, laying the groundwork for its "Bitcoin Infrastructure Backbone Network" strategy. According to the latest disclosures, as of December 8, 2025, ABTC holds approximately 4,783 Bitcoins, an increase of 416 Bitcoins in just the past week, representing a significant growth. These Bitcoins are obtained through mining, strategic acquisitions, and a custodial and collateralized structure in cooperation with Bitmain. The company emphasizes that its core value is increasing in tandem with its Bitcoin reserves.

On Thursday, the US stock market retreated, with Oracle's stock price plunging over 11%, marking the largest drop in nearly a year. The market is once again worried that the rapid growth of artificial intelligence (AI)-related capital expenditures, which far exceeds actual returns, could put pressure on the balance sheets of tech giants. In contrast, the cryptocurrency market performed relatively stably, forming a mild decoupling from the weak performance of tech stocks. Data shows that Bitcoin (BTC) has rebounded above $92,000, maintaining a slight upward trend after holding onto key support levels, rising approximately 2.6% for the day. Traders are more focused on the maintenance of trend structure, with capital flowing into large-cap assets and risk appetite remaining cautious. Ethereum (ETH) also rose to around $3,260, while SOL increased by over 6%, outperforming mainstream assets and indicating a market recovery in demand for high-volatility Layer-1 tokens.

Odaily Planet Daily reports that the Blockchain Game Alliance (BGA) stated in its latest annual industry report that the Web3 gaming industry is shifting from an early speculative phase to a development path that emphasizes sustainable economic models and product orientation. Overall market sentiment and maturity have shown a significant rebound. The report, based on a survey of over 500 global blockchain game practitioners, indicates that industry optimism has rebounded from a low point in 2024 to 65.8%, with the focus shifting from tokenomics design to high-quality game content, stable revenue models, and payment infrastructure supporting real business scenarios. BGA stated that the core marker of industry transformation is the "repositioning towards a sustainable economic system." The report recalls that Web3 games in 2021

Token Terminal recently posted on X that Circle is best known for its USDC stablecoin. But what is less known is that Circle also owns the fastest-growing tokenized fund in the market: USYC. USYC's market cap has increased by 737.7% over the past month. In response, Circle co-founder and CEO Jeremy Allaire commented: "USYC under Circle is the fastest-growing tokenized fund in the past month. Really great!"

The Federal Reserve's rate cut again did not trigger a significant rebound in risk assets, and the overall crypto market remains cautious. Dogecoin (DOGE) continues to consolidate above key support levels. On Wednesday, the Federal Reserve announced a 25 basis point cut to the benchmark interest rate, bringing it to the 3.5%-3.75% range. This is the third rate cut this year, but internal disagreements over the future easing path have intensified, making it difficult for market risk appetite to be fully unleashed. Against the backdrop of complex macro sentiment, on-chain activity for Dogecoin remains active. Large whale wallets have increased their holdings by approximately 480 million DOGE in recent days. Although the launch of Dogecoin spot ETFs by Grayscale and Bitwise has attracted market attention, it has not yet led to sustained unilateral trends.

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

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.

BlockBeats News, December 12 – Liquid Capital (formerly LD Capital) founder Yilihua posted on social media, expressing continued strong optimism for Ethereum. The reasons are as follows: First, the Wall Street consensus is strengthening: the SEC Chair's latest statement that "financial migration to the chain" is underway, with U.S. political and economic elites working together to promote the tokenization of U.S. debt, with Ethereum as the core platform. Second, Fusaka's upgrade reshapes value: Blob fees have surged dramatically, with over 1500 tokens burned in a single day.

CryptoQuant analyst DarkFrost pointed out that earlier this month, "accumulator" addresses of Bitcoin increased their holdings by over 75,000 coins, demonstrating a strong investment willingness. These addresses collectively hold about 315,000 Bitcoins and continue to increase their holdings, unaffected by market momentum.

ChainCatcher Message, according to GMGN data, the top 5 tokens with net inflow by KOL in the past 24 hours are as follows: 1. AI (7ea3....FK2): Net inflow of $9,000, a 17,179.5% increase over the past 24 hours, currently quoted at $0.0008. 2. 1649AC (HSie....ump): Net inflow of $2,000, a 39,009.2% increase over the past 24 hours, currently quoted at $0.0015. 3. Nimbus (831o....ump): Net inflow of $896, a 1,562.6% increase over the past 24 hours, currently quoted at

On-chain analysts have detected a whale repeatedly longing WBTC who has started unwinding leverage. Recently, they sold 150 BTC at an average price of $92,276 on-chain and repaid part of their Aave loan, resulting in a loss of $75,000. Currently, they have collateralized 225.07 WBTC in Aave with a health factor of 1.85.

Blockchain analytics firm Global Ledger's latest investigation shows that the Russian cryptocurrency exchange Garantex, which was placed under sanctions by the West, is resuming operations and continues to process funds through a hidden payment architecture. Despite its servers being previously seized and its business being targeted by the international community, on-chain evidence indicates that the platform has quietly restarted recently and has transferred tens of millions of dollars in assets to users. The investigation found that researchers tracked multiple new wallets associated with Garantex on the Bitcoin and Ethereum networks, holding a total of over $34 million in cryptocurrency, with at least $25 million already paid to former users. The flow of funds also reveals how they evade monitoring: Garantex uses mixing tools like Tornado Cash to obfuscate reserves, then jumps across networks via cross-chain bridges between Ethereum, Optimism, Arbitrum, and others, ultimately consolidating into an aggregation wallet before transferring out to multiple payment accounts.

Bitwise voiced support for Strategy on the X platform, expressing disappointment over MSCI's proposed removal of Strategy, believing that the index should remain neutral and not evaluate the pros and cons of business models, and pointed out that this move deprives investors of investment opportunities in digital assets.

Aster announced that Aster Rocket Launch has become the first DEX for $CYS and $RAVE, launching a prize pool of over $250,000. $CYS went live on December 11th, and $RAVE will go live on December 12th, each with its own prize pool and exclusive trading pair.

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.

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.

Animoca Brands Co-Founder Yat Siu stated that the company has invested in over 628 companies, of which about 200 are gaming projects. He believes Bitcoin is like digital gold, while altcoins are the driving force of crypto growth, and in the future, the market cap of altcoins will significantly surpass that of Bitcoin.

BlockBeats News, December 11 – According to CoinDesk, asset management platform Nexo has acquired Argentine crypto investment platform Buenbit, with the specific transaction amount not disclosed. This deal aims to deepen Nexo's presence in Latin America, enabling it to operate under Argentina's regulatory framework and reach Buenbit's user base in the country and Peru. After the transaction is completed, Buenos Aires will serve as Nexo's Latin American headquarters, supporting its expansion into Mexico and Peru. Nexo operates in over 150 jurisdictions with an asset management scale of approximately $11 billion. Buenbit is registered with Argentina's National Securities Commission (CNV) and offers fiat-to-crypto services. Additionally, the Central Bank of Argentina is drafting new regulations planning to allow banks to provide cryptocurrency-related services to customers in the first half of next year.

Gate News bot message, according to the official Gate announcement on December 11, 2025 Gate launched six cryptocurrencies—BBLAST, CYS, ALMANAK, BTX, US, and POWER—on the instant exchange platform on December 11. Users can now perform exchange operations for these tokens through the instant exchange platform. The Gate instant exchange platform currently supports the conversion of over 2200 cryptocurrency assets, offering one-click exchange services without any fees.

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.

Odaily Planet Daily reported that according to Onchain Lens monitoring, as the HYPE trading price drops below $27, a whale holding a 5x leveraged HYPE long position is currently experiencing an unrealized loss of over $16 million. The whale holds approximately 1,380,042 HYPE tokens, with a liquidation price of $22.18.

Keel launches a $500 million investment plan "Tokenization Race" aimed at attracting tokenized asset issuers on the Solana platform through a competitive process. Participating projects will receive funding and support, with over 40 institutions expressing interest in participating.

BlockBeats News, December 11 — Jito co-founder and CEO buffalu stated at the Solana Breakpoint conference that Solana is winning the speed race, and this has become very evident. "In the past few years, we have witnessed a 6-fold increase in transactions per second, thanks to the joint efforts of all Solana ecosystem engineers and excellent application developers. In the chart on the right, you can see the continuous growth of block space over the past few years. Earlier this year, Solana's per-block compute limit was approximately 48 million compute units, which then increased to 50 million, 60 million compute units. It is expected to jump to 100 million compute units early next year and continue to grow exponentially."

BlockBeats News, December 11 — The Pacifica trading competition is in full swing. The top addresses on the leaderboard have generated huge trading volumes and achieved substantial profits. According to data from the Pacifica platform, as of now, the third-place address 8wxZY has nearly 9x return on its principal, turning $4,600 into over $40,000 in profit within 90 days. Additionally, the top address (7yPGK) with a $140,000 principal has reached a $1.2 billion trading volume in 60 days, with a profit of about $120,000; the second-place address (7uoQf) with approximately $10,000 principal has made around $32,000 profit in 120 days. Currently, the competition rankings are based on actual trading volume and profits, and some traders who have withdrawn funds are temporarily not included in the statistics. Specially for Pacifica to...

Flashbots Strategy Director Hasu states that excessive intervention by token holders in startups can lead to value loss. Many founders regret issuing tokens and recommend avoiding token issuance until fully prepared, emphasizing the importance of maintaining founders' control over the company.

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.