ChainCatcher message, the "DePIN Super Season" event initiated by the DePIN ecological project IoTeX in collaboration with the OKX Web3 wallet is now live on the OKX Mini wallet, achieving full connectivity through the OKX Connect communication protocol. The rewards for this event include 100 million IOTX (worth approximately 5 million USD) and a joint prize pool from over 30 DePIN and DeFi projects. Users can share the rewards by completing designated tasks for the event. Additionally, users participating through the OKX Web3 wallet can receive a 20% reward bonus.It is reported that OKX Connect is an innovative communication protocol launched by OKX Web3, providing seamless interaction between wallets and Mini APPs, supporting features such as red envelopes, and empowering the growth of Mini APPs. IoTeX has become the first DePIN infrastructure project to access OKX Connect, and will collaborate deeply with the OKX Web3 wallet in the future to provide comprehensive support and services for the development of the DePIN ecosystem. Furthermore, the trading section of the OKX Web3 wallet now supports trading of IoTeX mainnet assets, allowing users to select the IoTeX network and trade related assets in the Swap product of the OKX Web3 wallet.

ChainCatcher news, according to Trader T's monitoring, the pre-market price changes of U.S. cryptocurrency concept stocks are as follows:MICROSTRATEGY up 6.3%;ISHARES BITCOIN TRUST up 2.8%;COINBASE GLOBAL up 2.6%;RIOT PLATFORMS up 3.3%;CLEANSPARK up 3%;MARA HOLDINGS up 4.2%;T-Rex 2X Long MSTR Daily Target ETF up 13.5%.

ChainCatcher news, according to the official announcement, Binance will launch the MOCA U perpetual contract, with leverage up to 75 times.

ChainCatcher news, according to official sources, Upbit has added support for VANA/KRW, BTC, and USDT trading pairs.

ChainCatcher news, according to the official announcement, Upbit has announced that it will soon support the trading of the new digital asset VANA, with the specific trading start time to be announced 1 hour in advance through an announcement once liquidity is sufficient. VANA will support KRW, BTC, and USDT markets, with its deposit function expected to open on December 16 at 19:00, and will be conducted through the Vana network.

ChainCatcher news, Pudgy Penguins CEO Luca Netz confirmed that users with the Elite role in the Abstract Discord group will be eligible for the PENGU token airdrop.In addition, the Abstract Chain community administrator confirmed in the Discord community that community members who have obtained the Elite role and completed the form (submission window has closed) will receive the PENGU airdrop and will gain corresponding rights after the Abstract Chain mainnet launch.

ChainCatcher news, according to Jinshi reports, the Ministry of Finance has decided to carry out support operations for government bond market making. The operation direction is to sell, with 1.26 billion yuan of the 2024 book-entry interest-bearing (16th issue) government bonds and 530 million yuan of the 2024 book-entry interest-bearing (19th issue) government bonds. The competitive bidding time is December 17.

ChainCatcher news, according to RootData market data, influenced by Upbit's announcement of new listings, MOCA briefly rose over 320%, currently priced at $0.37.

ChainCatcher message, Upbit will launch MOCA KRW, BTC, and USDT trading pairs, with trading starting on December 16 at 14:00 (Korean time).

ChainCatcher news, Binance co-founder Zhao Changpeng stated on platform X that Binance invested in Twitter based on four reasons:Support for free speech;(Small) entrepreneurs supporting (large) entrepreneurs;Investing in tools I use myself;Aligned mission: bringing web2 into web3.Proud to provide funding for cryptocurrency to social platforms.ChainCatcher previously reported, Zhao Changpeng previously stated, "I am happy to contribute to the acquisition of Twitter," and was then asked by the community: "Can it now be considered that Binance owns a stake in platform X?" In response, Zhao Changpeng said, "Holding a small stake."

ChainCatcher news, according to Wall Street Watch, venture capital giant Andreessen Horowitz co-founder and billionaire Marc Andreessen stated in a recent interview that he is a "volunteer without pay" for the Department of Government Efficiency (DOGE), and mentioned that DOGE has two main goals: to cut spending and reduce regulation. Marc Andreessen revealed that the Biden administration has specifically targeted the U.S. tech industry in three areas, leading to a shift in support towards Trump. One is cryptocurrency, where they declared war and attempted to kill the entire industry and push it overseas. The second is AI, where earlier this year they were very afraid that they would treat AI the same way they treated cryptocurrency. The third seems to be an obscure topic, which is the concept of unrealized capital gains tax.

ChainCatcher news, previously, cryptocurrency supporter and U.S. Representative from Arkansas, French Hill, defeated three other competitors to win the position of Chairman of the Financial Services Committee.Hill currently serves as the Vice Chairman of the committee and heads the subcommittee on Digital Assets, Financial Technology, and Inclusion. He emphasized that he is very grateful for the opportunity to serve as the chairman of the committee.Outgoing Chairman Patrick McHenry praised Hill's leadership skills, particularly his expertise in financial technology and innovation. McHenry stated, "French's experience in the private sector, the Treasury Department, and as Vice Chairman has prepared him well for this role." He emphasized, "Under French Hill's leadership, the Republicans will ultimately establish a clear regulatory framework and strong consumer protections for the digital asset ecosystem based on this Congress." McHenry also highlighted Hill's contributions to advancing key legislation, including the Financial Innovation and Technology for the 21st Century Act (FIT21). Hill's appointment has garnered support from leaders in the cryptocurrency industry and lawmakers. Former Acting Comptroller of the Currency and former Chief Legal Officer of cryptocurrency exchange Coinbase, Brian Brooks, praised Hill's "intellect, growth mindset, and innovative outlook."

ChainCatcher news, reported by The block, states that rap superstar Drake's X account appears to have been hacked, promoting a Solana memecoin based on the rapper to his 39 million followers.Before traders speculated that these posts were fake (which were subsequently deleted), the memecoin's trading volume had reached $5 million. The false posts also claimed that the memecoin was launched in partnership with Drake's preferred crypto platform, Stake.

ChainCatcher news, DeFinance Capital founder Arthur posted on the X platform that, based on the performance of DeFi in the market, it seems to be entering a DeFi super cycle rather than a meme coin super cycle.However, meme ecosystem KOL Murad seems to disagree with this view and responded, "Should we look at the annual return rate?"

ChainCatcher news, Up Network announced that it has received support from the Movement Foundation and will distribute 11 million $MOVE airdrop rewards exclusively to the first 11,000 users of Up Mobile: Mover Edition.It is reported that each eligible user will receive 1,000 $MOVE and additional rewards, all of which have no lock-up period and can be claimed after the Movement mainnet goes live in Q1 2025. Meanwhile, Up Network's next phase of sales and incentive programs will also be launched.This airdrop plan is an important milestone in the development of the Up Network ecosystem and will accelerate the advancement of the "First Movers" program. As the Movement mainnet gradually goes live, users within its DePIN and AI ecosystem are also expected to receive more innovative incentives.

ChainCatcher news, 10x Research posted on social media that more and more people believe there is a supply crunch for Bitcoin, especially as Bitcoin ETFs and MicroStrategy continue to accumulate, reducing the available supply of Bitcoin and laying the groundwork for a potential "squeeze" market.In the past 30 days, centralized exchanges have recorded a net outflow of 124,000 Bitcoins. Coinbase, which has the largest Bitcoin reserves, saw an outflow of 72,000 Bitcoins, accounting for nearly 10% of its total balance. Binance experienced an outflow of 29,000 Bitcoins, leaving 570,000 remaining. Other major exchanges, such as Gemini, OKX, and Kraken, also experienced significant outflows, with Kraken's outflow accounting for about 7-8% of its holdings.If these trends continue and demand remains strong, the market may face a serious Bitcoin supply crunch. In particular, the introduction of Bitcoin ETF options could further exacerbate this situation, triggering additional gamma squeezes and amplifying upward price momentum.

ChainCatcher news, according to Reuters, generative artificial intelligence startup Liquid AI has announced that it has completed a $250 million early funding round led by chip manufacturer Advanced Micro Devices (AMD).Liquid AI has developed the Liquid Foundation Model (LFM), which is said to be smaller and more efficient compared to traditional cloud-based products offered by OpenAI, AWS, and Google Cloud, making it suitable for enterprise use.This funding will help Liquid AI scale its infrastructure and develop customized LFM for industries such as consumer electronics, biotechnology, telecommunications, financial services, and e-commerce.

ChainCatcher news, according to Watcher.Guru, Pantera founder Dan Morehead stated in an interview with CNBC that Bitcoin is better than gold, and he suggested that the U.S. government should continue to increase its holdings of Bitcoin.