According to official news, Cointool has now integrated the OKX DEX API, aiming to provide VIP customers with the Batch Swap function and enjoy the seamless trading experience, low slippage, better quotes, and better liquidity provided by OKX DEX. It is reported that the goal of OKX DEX API is to become the developer's first choice and industry standard by providing the industry's leading API solutions, while promoting the expansion and diversification of the OKX DEX aggregator ecosystem. Cointool is a tool for cryptocurrency trading and management, designed to help users trade, manage, and analyze cryptocurrencies, etc.

According to the official announcement, OKX will soon launch GOAT (Goatseus Maximus), the specific schedule is as follows: GOAT deposit opening time: 2:00 pm, December 12, 2024 (UTC+8) GOAT call auction time: 5:00 to 6:00 pm, December 12, 2024 (UTC+8) GOAT/USDT spot trading opening time: 6:00 pm, December 12, 2024 (UTC+8) GOAT withdrawal opening time: 10:00 pm, December 12, 2024 (UTC+8)

The Bank of Japan is inclined to keep interest rates unchanged next week as policymakers prefer to spend more time examining overseas risks and clues about wage growth next year, five sources familiar with the central bank's thinking said. Any such decision would increase the likelihood of a rate hike at the Bank of Japan's meeting in January or March next year, when there will be more information on wage growth next year. The sources also said there was no consensus within the Bank of Japan on the final decision, and some on the board still believed that Japan had met the conditions for a December rate hike. The decision will depend on each member's belief in the likelihood of Japan achieving sustained wage-driven price increases. The Bank of Japan is also likely to favor a rate hike if upcoming events such as the Federal Reserve's meeting next week trigger another sharp drop in the yen, which in turn increases inflationary pressures. But overall, many Bank of Japan policymakers do not seem to be in a hurry to pull the trigger. (Jinshi)

According to Decrypt, the Australian crypto industry is facing significant backlash following remarks made by Rhys Bollen, the Digital Assets Lead at the Australian Securities and Investments Commission (ASIC). During a liaison meeting, Bollen compared Bitcoin to cigarettes used as currency in prisons while discussing the application of Non-Cash Payment Facility (NCP) legislation to digital assets. This legislation pertains to any payment method not involving physical cash, such as digital wallets, credit cards, and cryptocurrencies. The discussion centered on the use of stablecoins for payments, which ASIC views as triggering an NCP event. However, the broad language of the guidance has raised concerns that any digital asset facilitating payments, including Bitcoin and stablecoins, could be classified under NCP. Bollen acknowledged the complexity of the issue, using a provocative analogy to illustrate his point. He stated, "In theory, almost anything could potentially be used to make a payment to another person. You know, cigarettes are used in prisons as a way of making payments." He further explained that if a product is marketed as having payment as one of its primary uses, it approaches the territory of being considered a financial product. This lack of a clear distinction has led to apprehension among industry leaders, who fear that applying financial regulation to tools like non-custodial wallets or software could stifle innovation and drive businesses out of Australia. Michaela Juric, known as "Bitcoin Babe," criticized the potential implications for widely used crypto tools like MetaMask. She expressed concern that ASIC's interpretation might require MetaMask to obtain an Australian Financial Services Licence (AFSL) to offer its services to Australian users. Juric warned that imposing financial regulation and licensing obligations on software could exacerbate the existing trend of products and services leaving Australia. Earlier this month, ASIC released the INFO-225 consultation paper, proposing updated guidance for compliance with the Corporations Act. This document includes examples of how digital assets like stablecoins, staking services, and tokenized securities could be classified as financial products. Australia has been tightening its grip on crypto regulation, with ASIC and the government implementing various measures to control the growing sector. ASIC has encouraged crypto companies to apply for an AFSL, offering a grace period from legal action during the application process. However, companies must justify their decision if they choose not to apply. In October 2023, the Australian Treasury released a consultation paper proposing to regulate digital asset intermediaries under the existing financial services licensing framework. This proposal aims to address consumer harms while supporting innovation within the crypto ecosystem. ASIC has also revised Regulatory Guide 133 (RG 133) with new requirements for crypto custody, including enhanced security protocols and stricter risk management processes. Public feedback on INFO-225 remains open until February 2025, with finalized guidance expected later that year.

According to Arkham monitoring, Trump's current address holds crypto assets worth approximately US$9.5 million, mainly including: 210.345 billion TROG (US$3.49 million), 495.672 ETH (US$1.95 million), 478.828 WETH (US$1.89 million), 579,290 TRUMP (US$1.01 million), etc.

Google introduced Gemini 2.0, its most advanced multimodal AI, designed for versatile tasks with unmatched capability. Wider access is planned for next year, marking a leap in AI innovation.

Crypto analyst Ali posted on the X platform that during the DOGE price adjustment, whales bought 210 million DOGE.

According to Odaily, the Hong Kong Securities and Futures Commission (SFC) has released its quarterly report, highlighting substantial growth in the region's ETF market. The report indicates a 34% year-on-year increase in the total market value of ETFs, with a net capital inflow of HKD 6.3 billion during the quarter. Additionally, assets managed by funds registered in Hong Kong rose by 29.5% year-on-year to HKD 1.67 trillion, with a net inflow of approximately HKD 34 billion recorded in the same period. The number of licensed asset management companies increased by 24% year-on-year, while the number of open-ended fund companies surged by 132.6%. The SFC also noted a rise in license applications from institutions and individuals, with year-on-year increases of 56% and 23%, respectively. The commission is currently reviewing license applications from 15 virtual asset trading platforms, with 11 considered likely to receive licenses. It is anticipated that several of these platforms will be licensed within the year through an expedited process. Since the launch of Asia's first virtual asset spot ETFs in April, listed in Hong Kong, their market value has increased by over 70%, and the average daily trading volume has doubled by the end of November. In August, the Ensemble project sandbox was officially launched. Concurrently, the SFC, in collaboration with the Hong Kong Monetary Authority (HKMA), is spearheading tokenization initiatives to establish and expand the tokenization market in Hong Kong. Furthermore, the SFC is conducting on-site inspections of several virtual asset trading platforms considered for licensing, focusing on their client asset protection measures, 'know your customer' processes, and cybersecurity requirements. During the quarter, the SFC added ten entities to its list of suspicious virtual asset trading platforms, warning the public about potential fraud and unlicensed activities related to virtual assets, as well as a suspicious investment product.

The Securities and Futures Commission (SFC) of Hong Kong released its Quarterly Report. The report shows that the Hong Kong ETF market continues to grow, with the total market value of ETFs increasing by 34% year-on-year, and a net inflow of HK$6.3 billion was recorded during the quarter. The assets managed by funds registered in Hong Kong increased by 29.5% year-on-year to HK$1.67 trillion, and continued to record a net inflow of approximately HK$34 billion during the quarter. The number of licensed asset management companies increased by 24% year-on-year, and the number of open-ended fund companies also increased sharply by 132.6% year-on-year. At the same time, the number of institutional and individual license applications received by the Hong Kong SFC during the quarter increased, up 56% and 23% year-on-year respectively. The Hong Kong SFC is reviewing the license applications of 15 virtual asset trading platforms (11 of which are deemed licensees), and is expected to issue licenses to several deemed licensed operators under the expedited licensing procedure this year. The first Asian virtual asset spot ETFs listed in Hong Kong have seen their market capitalisation rise by more than 70% and their average daily turnover doubled between their launch in April and the end of November. In August, the Ensemble Project Sandbox was officially launched. Meanwhile, the SFC and the Hong Kong Monetary Authority (HKMA) are jointly leading the tokenisation initiative for the asset management industry to build and expand the tokenisation market in Hong Kong. In addition, the SFC is reviewing the licence applications of 15 virtual asset trading platforms, 11 of which are licensed by circulation. During the quarter, on-site inspections were conducted on several virtual asset trading platform applicants deemed to have been licensed, focusing on their customer asset safeguards, KYC processes and cybersecurity requirements. During the quarter, the SFC placed ten entities on the Suspicious Virtual Asset Trading Platforms Warning List to alert the public to suspected fraud and unlicensed activities related to virtual assets, and also warned the public to beware of a suspicious investment product.

Binance founder CZ posted on X platform: “One live demonstration is better than 1,000 recommendations. Many people try to recommend their projects to me at conferences, and usually take selfies with me. But this doesn’t work. I’m not smart enough to understand a project in a few seconds. Business cards are useful to me. It’s easy for me to pass it to my team, which is easier than asking for my contact information.”

According to Odaily, the Kyrgyzstan Parliament has approved a draft law in its first reading, establishing the framework and legal status for the digital som. Once fully implemented, the digital som will serve as the national currency of Kyrgyzstan and be recognized as legal tender throughout the country. The National Bank of Kyrgyzstan will oversee its issuance, accounting, and distribution through a centralized platform, granting the country's central bank exclusive rights to issue this currency. The prototype testing of the digital som is scheduled to begin in early 2025, with full integration into the country's financial ecosystem expected by January 2027. This development marks a significant step towards modernizing Kyrgyzstan's monetary system and aligning it with global trends in digital currencies. The introduction of the digital som aims to enhance the efficiency and security of financial transactions within the nation, providing a robust framework for future economic growth and stability.

A Florida mother sued Character.AI, claiming its chatbot encouraged her son's suicide, sparking broader concerns. Two Texas families have now filed lawsuits, alleging the app harmed their children through psychological abuse and exposure to sexualised content.

Tesla and SpaceX boss Elon Musk's net worth has officially exceeded $400 billion, setting a new record for the world's richest person according to the Bloomberg report.

Google has several experimental AI assistant projects that do different things, like helping users play video games and conduct in-depth research.

Crypto phishing scams are growing more advanced, using social engineering and malware to exploit social media users. Scam Sniffer reports attackers impersonate crypto influencers and use bots to mimic verification, raising the pressing question: Are scams evolving faster than we can fight them?

Once primarily used for cryptocurrency trading, stablecoins have now become versatile tools for everyday use cases, providing broad utility to the crypto-native ecosystem and TradFi.

Circle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.

Riot Platforms completes $525 million note issuance, fully increasing BTC acquisition Golden Finance, these notes are privately issued to institutional investors

Japan is set to launch its first cryptocurrency-backed credit card in 2025, a partnership between Slash Vision Labs and a major Japanese credit card issuer. This development signals Japan's increasing adoption of Web3 technologies and raises the question: Will 2025 be the year cryptocurrencies go mainstream?

What is the power of the Willow chip? How far is it from mass production?