Dapp

Dapps are digital applications that run on a P2P network of computers rather than a single server, typically utilizing smart contracts to ensure transparency and uptime. In 2026, Dapps have achieved mass-market appeal through Account Abstraction, allowing for a "Web2-like" user experience with the security of Web3. This tag covers the entire ecosystem of decentralized software—from social media and productivity tools to governance platforms and identity management.

5017 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Sei Taps Xiaomi’s 168M Annual Smartphone Sales, Unlocking Mass Crypto Onboarding

Sei Taps Xiaomi’s 168M Annual Smartphone Sales, Unlocking Mass Crypto Onboarding

The post Sei Taps Xiaomi’s 168M Annual Smartphone Sales, Unlocking Mass Crypto Onboarding appeared on BitcoinEthereumNews.com. Key Takeaways: Sei will ship a pre-installed crypto wallet and discovery app on all new Xiaomi smartphones sold outside China and the US, giving millions immediate access to Web3 tools. The partnership includes a $5M Global Mobile Innovation Program to accelerate real-world blockchain usage across consumer devices. Stablecoin payments for Xiaomi’s retail ecosystem including 20,000+ stores are planned to roll out starting in Hong Kong and the EU in 2026. Sei is taking one of the boldest leaps in mainstream blockchain adoption to date, embedding its technology directly into the smartphones used by hundreds of millions of people worldwide. The initiative aims to transform Xiaomi’s extensive hardware and retail footprint into a global distribution channel for digital assets, stablecoin payments, and consumer-grade crypto applications. Read More: Commerce Department, Chainlink & Sei Link Macroeconomic Data On-Chain in Landmark Collaboration Sei–Xiaomi Partnership Sets the Stage for Global Crypto Onboarding The collaboration between Sei and Xiaomi represents one of the most ambitious attempts yet to move blockchain adoption beyond crypto-native audiences. Instead of waiting for users to download wallets or navigate complex onboarding flows, Sei is making Web3 tools available the moment a new Xiaomi phone is turned on. Under the agreement, every new Xiaomi smartphone sold outside mainland China and the United States will come with Sei’s next-generation wallet and discovery app pre-installed. This also incorporates the largest markets which include Europe, Latin America, Southeast Asia, India, and Africa where Xiaomi is already dominating the sales of smartphones. Built-In Wallet, MPC Security, and Direct Access to dApps The new app will contain a number of functionalities that are aimed at the daily users: One-click onboarding via Google or Xiaomi ID Multi-party computation (MPC) security for safer private key protection Access to a curated selection of decentralized applications (dApps) Support for peer-to-peer transfers…

Author: BitcoinEthereumNews
Ethereum Has Bottomed: Tom Lee’s Bold Prediction as Bitmine Doubles Down

Ethereum Has Bottomed: Tom Lee’s Bold Prediction as Bitmine Doubles Down

BitcoinWorld Ethereum Has Bottomed: Tom Lee’s Bold Prediction as Bitmine Doubles Down Is the long crypto winter finally thawing for Ethereum? A major voice from Wall Street just declared a pivotal shift. Tom Lee, the influential founder of Fundstrat and chairman of Bitmine, has made a striking public assertion: he believes Ethereum has bottomed. This declaration comes with a powerful signal of conviction, as Lee simultaneously revealed […] This post Ethereum Has Bottomed: Tom Lee’s Bold Prediction as Bitmine Doubles Down first appeared on BitcoinWorld.

Author: bitcoinworld
Mid-term report of the second "MEET48 Best7" large-scale voting event: MEET48 event dApp ranked second in the DappBay social track UAW.

Mid-term report of the second "MEET48 Best7" large-scale voting event: MEET48 event dApp ranked second in the DappBay social track UAW.

PANews reported on December 11 that MEET48, the world's first AIUGC and fan economy ecosystem community focusing on the entertainment industry, announced that its second "MEET48 Best7: Stage of Light" large-scale voting event has concluded its second phase and is now in its interim report stage. As of noon that day, according to DappBay data, MEET48's event dApps had reached 404.76K TXNs and 402.04K Active User Addresses (UAW) in the past 30 days, ranking second in UAW among BSC ecosystem social dApps in the past 30 days. The "MEET48 Best7: Stage of Light" voting event is still ongoing, and the final results will be announced at 4:00 AM UTC on December 25th. Fans can log in to the MEET48 official website and download the MEET48 APP, exchange $IDOL for voting tickets, and vote for participating idols (SNH48 Group idols only) on the event page . The top 7 idols in the final vote will receive official event rewards, while the top 3 idols in the final vote will receive rewards such as studio songs, overseas travel vlogs, and themed photobooks, creating a stage of light in the Web3 world.

Author: PANews
Qitmeer and Cache Wallet Partner to Power Secure Asset Recovery Across Chains

Qitmeer and Cache Wallet Partner to Power Secure Asset Recovery Across Chains

The post Qitmeer and Cache Wallet Partner to Power Secure Asset Recovery Across Chains appeared on BitcoinEthereumNews.com. Qitmeer Network has announced a new strategic partnership with Cache Wallet as a significant step in the protection of users, the recovery of assets, and multichain interactions. The partnership was officially announced by both the teams, as a result of coordinated announcements, with a common vision of creating a safer and more reliable Web3 experience. Partnership Announcement 🚨@QitmeerNetwork 🤝 @CacheWallet We’re pleased to join forces with Qitmeer Network, a high-performance public blockchain built on the innovative MeerDAG consensus, designed for scalability, security, and decentralized finance. With Cache Wallet’s… pic.twitter.com/s36md64FkK — Cache Wallet (@CacheWallet) December 10, 2025 The announcement demonstrates how two new blockchain projects with rapid growth can be used together: the high-performance, open-source blockchain of Qitmeer and the recovery-first wallet architecture of Cache Wallet. The partnership seeks to eliminate asset security headaches and cross chain usability pain points. A High-Performance Chain Meets a Recovery-First Wallet Qitmeer Network operates under the new consensus technology, MeerDAG, which has scalability, security, and decentralized finance. The network has positioned itself as next-generation infrastructure, which has the power to drive real-life applications and advanced payments. Cache Wallet has a differentiated value proposition. It is a non-custodial crypto wallet that re-creates frozen assets due to lost seed phrases, which provides a security level never previously present in decentralized ecosystems. Using Base as a building block and being entirely decentralized, Cache Wallet already addresses a significant problem of users who have lost their assets. Through collaboration, the two platforms will open up new potentials of asset protection and cross-chain activity. Secure Asset Access and Recovery for Users The partnership statement mentions that the bond is based on three key pillars: Access and recovery of assets. Smooth multichain transactions on Qitmeer. Better Web3 = Trusted Wallet + Trusted Chain. The infrastructure provided by Cache Wallet is much…

Author: BitcoinEthereumNews
MoonBull Leads As Best Crypto Presale Alongside 9 Top Cryptos

MoonBull Leads As Best Crypto Presale Alongside 9 Top Cryptos

The post MoonBull Leads As Best Crypto Presale Alongside 9 Top Cryptos appeared on BitcoinEthereumNews.com. Crypto Projects Join MoonBull’s presale today, the best crypto presale of 2025! Secure your tokens early for massive returns. Don’t miss this opportunity to invest in the future of meme coins! The world of meme coins has exploded in popularity, but with so many options flooding the market, how do you identify the best crypto presale that stands out from the pack? As we look at the potential of the top meme coins, a few gems are beginning to shine brighter, offering massive returns for early investors. Is now the right time to join the best crypto presale? Let’s explore the top altcoins to consider, from emerging giants like MoonBull ($MOBU) to established players in the space. As the crypto market continues to grow, MoonBull ($MOBU) leads the way with a game-changing presale offering. The MoonBull presale is currently live, presenting an incredible opportunity for investors to secure tokens at a price far below its future value. Joining early gives investors a head start, with the presale’s stage-based pricing model guaranteeing increasing returns as the project progresses. MoonBull is not alone, however. Cardano (ADA), Chainlink (LINK), and others also show significant promise in the 2025 crypto landscape. Let’s dive deeper into why these coins are making waves. MoonBull ($MOBU): Best Crypto Presale The MoonBull presale is creating significant buzz in the crypto space. With the presale live and already surpassing $660K in total raised, MoonBull is quickly positioning itself as the best crypto presale of 2025. The current stage 6 price is set at $0.00008388, making it an affordable entry point for early investors. But what truly sets MoonBull apart is its unique tokenomics: automatic liquidity injections, reflections, and a deflationary burn mechanism are designed to stabilize the price and reward holders in the long term. Investors who get in…

Author: BitcoinEthereumNews
10 Top Altcoins in 2025: MoonBull Dominates as the Best Crypto Presale with Short-Lived 14000% ROI Chance

10 Top Altcoins in 2025: MoonBull Dominates as the Best Crypto Presale with Short-Lived 14000% ROI Chance

The world of meme coins has exploded in popularity, but with so many options flooding the market, how do you […] The post 10 Top Altcoins in 2025: MoonBull Dominates as the Best Crypto Presale with Short-Lived 14000% ROI Chance appeared first on Coindoo.

Author: Coindoo
SUPERFORTUNE Update Roadmap: Building Super Apps to the Web2 World

SUPERFORTUNE Update Roadmap: Building Super Apps to the Web2 World

Following TGE, SUPERFORTUNE plans to develop a Web2-oriented app to generate real revenue and use that revenue to buy back $GUA . The concept of "mysticism" and Web2 seem to have a natural affinity. They have a proven track record of success in the Web2 space. According to data from Cognitive Market Research, the global metaphysics market is projected to reach $392 billion in revenue by 2025, with the Asian market contributing $15.2 billion. The industry is expected to maintain an annual growth rate of 9.5%. Grand View Research indicates that the market revenue for spiritual wellness apps is projected to grow from $2.16 billion in 2024 to $7.31 billion in 2033, representing a compound annual growth rate of approximately 14-15%. Current situation To date, SUPERFORTUNE has emerged as one of the most innovative AI applications in the Web3 space. Since its launch several months ago, SUPERFORTUNE has achieved the following impressive results: The number one AI application ranked on BNB Chain ; It serves over 54,000 users , with a daily active user count (DAU) of 15,000 ; Over 1.1 million user transactions have been processed to date ; They continued to launch new features such as " Wallet Qi Purification " and attracted thousands of new users in just a few weeks; Partnering with top projects and services such as Four.meme and Trust Wallet , we bring the world's leading AI-powered metaphysics dApps to tens of thousands of seekers. And this is just the beginning. SUPERFORTUNE has also set a grander plan, with a mission not only to cultivate the existing Web3 user ecosystem, but also to expand the boundaries of the entire industry. SUPERFORTUNE is incubated by Manta Network and built on its self-developed AI metaphysics engine. This engine has been meticulously tuned and draws on centuries of traditional wisdom, aiming to provide a fresh perspective on crypto trading and everyday life. Today, every interpretation and insight on the platform is driven by this engine, which delves into the essence of ancient metaphysical systems such as Bazi, I Ching, and Feng Shui. With the upcoming launch of the SUPERFORTUNE native mobile app, the capabilities and applications of this AI engine will be further expanded, making it more accessible. Development Roadmap Phase 1: Personal Growth and Business Prosperity At this stage, SUPERFORTUNE is committed to making it an indispensable daily companion. Daily Horoscope Guidance: Strategic Planning Every day is full of uncertainties. Imagine waking up in the morning to know your day's fortune—how would that help you? SUPERFORTUNE will provide users with: Personalized fortune insights : Daily in-depth analysis based on the user's individual astrological characteristics. Auspicious date selection : Helping users seize the best "window of opportunity" to handle critical matters—whether it's launching a project, making an important call, or conducting a tricky negotiation, it allows them to act in accordance with the circumstances. Mindfulness reminders : Thoughtful reminders around the clock help users stay in sync with their goals and maintain the best mental state. It's like a personalized calendar tailored to the user, clearly telling them: what's suitable to do today. Personalized guidance: pointing out the way Life's dilemmas often arise unexpectedly. When confusion strikes, SUPERFORTUNE allows users to get guidance anytime by asking questions: Career Outlook : Career Planning and Key Decisions Emotional Compass : Relationship trends and compatibility. Physical and mental well-being : Health status and wellness advice. Wealth Planning : Financial Decisions and Investment Forecasts. Every answer stems from precise calculations combining Bazi (Four Pillars of Destiny), Feng Shui, and modern data analysis systems, dispelling confusion and empowering users to move forward with confidence. Business and Workplace Tools For pragmatists, dreamers, and strivers, SUPERFORTUNE serves as a strategic advisor, perfectly blending ancient wisdom with modern business scenarios. Combining AI-powered resume analysis and career interpretation based on the principles of Bazi (Four Pillars of Destiny), it reveals: Talent Track : The industries and roles that users are best suited to cultivate based on their innate talents. Key timing : the opportune moment for job hopping, business negotiations, or starting a business. Long-term planning : a medium- to long-term strategy that reconciles personal ambition with the predetermined course of life. Whether you're a founder who needs to control product launch dates or a career professional considering a career transition, SUPERFORTUNE can help you align with the right timing and achieve twice the results with half the effort . Phase 2: Social Connections and Relationship Management In the second phase, SUPERFORTUNE will transcend the personal realm and explore the hidden energy connections between people. Compatibility matching based on astrology Interpersonal connections are not all the same. Some relationships nourish the mind and body, while others are draining; some bonds are instant and irreplaceable, while others require careful cultivation. SUPERFORTUNE's compatibility analysis system covers: Intimate Relationships : Through synastry analysis, we provide an in-depth look at each other's attraction, communication patterns, and long-term compatibility. Social partners : Identify natural points of resonance and potential areas of friction. Only by deeply understanding the essence of relationships, leveraging complementary strengths, and properly resolving conflicts can the connections between people truly deepen. The Way to Harmonious Family Relationships Family relationships are particularly complex. Shared memories, generational differences, and close daily interactions can both deepen bonds and amplify conflicts. SUPERFORTUNE will provide: Energy Harmony : Customized family magnetic field optimization suggestions based on family members' birth charts. Conflict resolution : a solution that balances practical problems with underlying fortune-telling logic. Communication strategy : Take advantage of favorable opportunities to provide communication methods that best suit the nature of family members. A harmonious family is the foundation for all things to go smoothly. Phase 3: Spiritual Services in the Real World In its final stage, SUPERFORTUNE will transform into a true spiritual bridge, connecting users' wishes with millennia-old rituals and expert wisdom. Making wishes, praying for blessings, and receiving remote blessings The fulfillment of wishes requires sincerity, righteous intention, and resonance with energy. Through the SUPERFORTUNE system, users can: Online prayer : Send your wishes to the "virtual temple" that specializes in wealth, marriage, health, career, or studies. Energy Connection : Connecting the sacred energies recorded in ancient texts with the guardian deities of various realms. Ritual Blessing : Receive professional ritual support and energy amplification to manifest the user's specific wishes. SUPERFORTUNE is a prayer channel for the digital age. SUPERFORTUNE is dedicated to enabling modern practitioners around the world to easily participate while respecting traditional rituals, transcending time and space. One-on-one expert consultation (Master Consultation) Technology can discern patterns, but human intelligence possesses a delicate sensitivity and genuine personalized care—a level that algorithms struggle to reach. At this stage, SUPERFORTUNE will provide users with direct links to: Feng Shui Master : Provides professional advice on home environment layout and space energy optimization. Bazi (Four Pillars of Destiny) experts : providing in-depth analysis of birth charts and life's journey. These guidelines from seasoned practitioners of metaphysics will provide users with more insightful and profound wisdom than AI in dealing with complex life experiences. The journey continues SUPERFORTUNE upholds a philosophy about the evolution of wisdom inheritance: it begins with personal empowerment, extends to community connection, and ultimately achieves a deep resonance with living traditions. Each stage is not just about adding features, but also about the evolution of the platform. From everyday small decisions to life-changing advice, from personal clarity to family harmony, from digital insights to genuine spiritual connections—SUPERFORTUNE grows together with its users. SUPERFORTUNE hopes to carry tradition with it on the journey to the future, so that this ancient wisdom will no longer be out of reach for the new generation of seekers, but will be within reach and closely related to them .

Author: PANews
The Digital Transformation of Global Football Fandom: Mobile Ecosystems and Network Security

The Digital Transformation of Global Football Fandom: Mobile Ecosystems and Network Security

The infrastructure surrounding professional sports has shifted entirely from linear broadcasting to a fragmented, digital-first ecosystem. For the modern football enthusiast, the match experience is no longer defined solely by the 90 minutes played on the pitch but by a continuous stream of data, analytics, and accessible content delivered through mobile networks. This transition relies […] The post The Digital Transformation of Global Football Fandom: Mobile Ecosystems and Network Security appeared first on TechBullion.

Author: Techbullion
Important news from last night and this morning (December 10-11)

Important news from last night and this morning (December 10-11)

Meteora disclosed that it invested 10 million USDC in Q4 to buy back 2.3% of the total token supply and launched the Comet Points points system. Solana's ecosystem liquidity protocol, Meteora, announced on the X platform that in the fourth quarter of 2025, it spent 10 million USDC to buy back MET tokens, representing a cumulative buyback of 2.3% of the total supply. Future buybacks will be conducted using a single wallet. Furthermore, Meteora announced the launch of its "Comet Points" points system, where users can earn points by staking MET tokens and using products. Meteora plans to build a "Comet Points" redemption system where users can use points to obtain airdrop/pre-sale eligibility, shop in the off-chain redemption store, and purchase liquidity mining guidance services. A certain whale/institution has converted 1,469 BTC into 43,647 ETH in the past two weeks. According to on-chain analyst Ember, a whale/institution has exchanged 1,469 BTC for 43,647 ETH (US$131 million) through THORChain in the past half month, with an average ETH price of US$3,000. Tom Lee: Ethereum has bottomed out, so BitMine is actively buying in. According to Decrypt, Fundstrat co-founder and BitMine chairman Tom Lee stated in an interview, "BitMine believes Ethereum has bottomed out, and we've more than doubled our Ethereum purchases compared to two weeks ago." Lee and BitMine are more excited about Ethereum's prospects over the next 10 to 15 years, especially given Wall Street's acceptance of the Ethereum network and its role in future finance. He stated, "The reason we're excited about Ethereum is that Wall Street has chosen to use this blockchain to position itself for the future. It started with stablecoins, which was a major 'epiphany' moment for Wall Street… but that was just tokenizing the dollar. Now Wall Street wants to tokenize everything, and they're not building on Bitcoin—they need a smart contract platform." The company has recently significantly increased its Ethereum holdings, purchasing over 138,452 ETH last week, worth approximately $460 million at current prices. This is the largest single transaction since BitMine purchased over 200,000 ETH in October. As of Wednesday, the company held approximately 3.864 million ETH, representing about 3.2% of the circulating Ethereum supply. CBOE has approved the listing and registration of the 21Shares XRP ETF. According to Cointelegraph, the Chicago Board Options Exchange (CBOE) has approved the listing and registration of the 21Shares XRP ETF. A whale withdrew $13.89 million worth of SOL tokens from Kraken 10 hours ago. According to Onchain Lens monitoring, a whale withdrew 101,365 SOL (worth $13.89 million) from Kraken 10 hours ago. Currently, the whale holds a total of 628,564 SOL (total value of $84.13 million), of which 519,217 SOL are in its wallet and another 109,348 SOL are staked. Huang Licheng deposited approximately 255,000 USDC into Hyperliquid to increase his long ETH position. According to Lookonchain monitoring, Huang Licheng (@machibigbrother) has just deposited another 254,727 USDC into Hyperliquid to continue going long on ETH. His position has now increased to 11,100 ETH (worth $36.36 million), with a liquidation price of $3,201.04. The U.S. OCC has warned Wall Street about the "de-banking" of industries such as digital assets, calling such practices "illegal." According to CoinDesk, President Trump's actions against the "debanking" of controversial sectors like digital assets have prompted a new report from the Office of the Comptroller of the Currency (OCC). The report further confirms past practices and warns that banks suspected of involvement could face penalties. The brief OCC report reviewed nine of the largest national banks in the US, concluding that "between 2020 and 2023, these banks developed public and private policies that restricted certain sectors from accessing banking services, including requiring escalating reviews and approvals before offering financial services." The report states that some large banks set higher barriers to entry for controversial or environmentally sensitive businesses, or activities that contradict their own values. Financial giants such as JPMorgan Chase, Bank of America, and Citigroup are highlighted, with links to their past public policies, particularly those concerning environmental issues. The report states, "The OCC intends to pursue accountability for any illegal 'debanking' activities by these banks, including referring cases to the Attorney General." However, it remains unclear which specific laws these activities may have violated. The US CFTC has announced the first batch of members of its CEO Innovation Committee, including CEOs from companies such as Gemini and Kraken. According to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) has announced the inaugural members of its "CEO Innovation Committee." This committee aims to delve into the evolving dynamics of the derivatives market structure, particularly focusing on tokenization, cryptocurrencies, and blockchain technology. The full list of new committee members is as follows: Shayne Coplan, CEO of Polymarket; Craig Donohue, CEO of Cboe Global Markets; Terry Duffy, Chairman and CEO of CME Group; Tom Farley, CEO of Bullish; Adena Friedman, Chairman and CEO of Nasdaq; Luke Hoersten, CEO of Bitnomial; Tarek Mansour, CEO of Kalshi; Kris Marszalek, CEO of Crypto.com; David Schwimmer, CEO of London Stock Exchange Group (LSEG); Arjun Sethi, Co-CEO of Kraken; Jeff Sprecher, CEO of Intercontinental Exchange; and Tyler Winklevoss, CEO of Gemini. In a statement, CFTC Chair Caroline Pham said the committee members assembled quickly within two weeks and will "focus on developments in the derivatives market's structure, such as tokenization, crypto assets, 24/7 trading, perpetual contracts, prediction markets, and blockchain market infrastructure." Pham's term as chair of the agency is expected to end soon, and President Trump's nominee for committee chair, Mike Selig, is expected to be confirmed by the Senate as early as Wednesday. The "1011 Insider Whale" has added approximately 19,000 ETH to its long positions, bringing its latest position to 120,000 ETH. According to on-chain analyst @ai_9684xtpa, as ETH briefly fell to the order book level, the "whale that opened short positions after the October 11 flash crash" has completed its trades and added 19,108.69 ETH. Its latest holdings are 120,094.52 ETH, worth $392 million, with an opening price of $3,177.89 and a floating profit of $10.13 million. A new wallet has received another 300 BTC from Galaxy Digital, worth $27.6 million. According to Onchain Lens monitoring, a newly created wallet received an additional 300 BTC from Galaxy Digital, worth $27.6 million. Currently, the wallet holds a total of 1,200 BTC, with a total value of $110.47 million. Lighter surpassed Hyperliquid to take the top spot in 24-hour trading volume on the Perp DEX. According to Cointelegraph, Lighter surpassed Hyperliquid to take the top spot in 24-hour trading volume on the perp DEX, with a volume of $8.83 billion, compared to Hyperliquid's $8.52 billion. The US government transferred 1,934 WETH and 13.58 million BUSD from the FTX Alameda seizure to a new wallet. According to Onchain Lens, the US government has transferred 1,934 WETH (worth $6.43 million) and 13.58 million BUSD from the seized funds of FTX Alameda to a new wallet. State Street Bank and Galaxy will launch a tokenized liquidity fund on the Solana blockchain next year. According to CoinDesk, State Street and Galaxy Asset Management plan to launch a tokenized liquidity fund in early 2026. This fund will utilize stablecoins to enable 24/7 investor liquidity, expanding the application of public blockchains in institutional cash management. Named the "State Street Galaxy Onchain Liquidity Sweep Fund" (SWEEP), the fund will accept subscriptions and redemptions in PayPal's stablecoin PYUSD, provided the fund has available assets to process related requests. Only qualified buyers meeting predetermined thresholds will be able to invest. Ondo Finance has committed approximately $200 million as seed funding for the product. The two companies anticipate launching the SWEEP fund on the Solana blockchain initially, followed by Stellar and Ethereum blockchains. Galaxy Asset Management plans to leverage Chainlink's tools to facilitate cross-chain data and asset transfers. The "1011 Insider Whale" added over 20,000 ETH to its long positions in the early morning, and currently holds a floating profit of approximately $16.54 million. According to Hyperbot data, the "whale that opened short positions after the flash crash on October 11th" has been continuously adding to its ETH long positions for the past 6 hours, currently holding 100,985.8357 ETH (worth approximately $335 million), an increase of 20,000 ETH compared to the initial position of 80,985.8357 ETH 6 hours ago. The current average opening price is $3,158.57, with a floating profit of approximately $16.54 million. Bitmine purchased another 33,504 ETH from FalconX, worth $112 million. According to Onchain Lens, Bitmine has once again purchased 33,504 ETH from FalconX, worth $112 million. Stripe acquires Valora wallet team to expand its stablecoin services. According to The Block, payment giant Stripe has expanded its cryptocurrency business by acquiring the team of crypto startup Valora through an "acquisition-style hiring." On Wednesday, Valora founder Jackie Bona announced that the team would join Stripe to pursue its mission of expanding access to the global financial system. Specific terms of the deal, including the number of Valora employees joining Stripe, were not disclosed. According to Bona, the acquisition does not appear to include the intellectual property behind Valora's technology. She wrote that the app will "return to its birthplace, cLabs, to continue operating, with cLabs leading its future development." Launched in 2021, Valora developed a mobile-first, user-controlled cryptocurrency wallet application, specifically for stablecoins on the CELO blockchain. Valora aims to make sending cryptocurrency as simple as sending a text message and has previously partnered with peer-to-peer applications like M-Pesa to expand into the African market and with stablecoin issuer Tether to promote the global adoption of stablecoins. Gemini has received approval from the CFTC to enter the prediction market, and may expand into crypto futures, options, and perpetual contracts in the future. According to The Block, cryptocurrency exchange Gemini Space Station, Inc. (ticker symbol GEMI) has received approval from the Commodity Futures Trading Commission (CFTC) on Wednesday to operate a designated contract market (DCM) in the prediction market space. In a statement, Gemini said its prediction platform, named "Gemini Titan," will initially offer classic binary event contracts, which "pose simple 'yes or no' questions about future events." In the future, the platform may expand to other derivatives markets under CFTC regulation, such as cryptocurrency futures, options, and perpetual contracts. "The Fed's mouthpiece": Three rate cuts have failed to quell internal disputes; the risk of stagflation needs to be guarded against. According to Jinshi News, Nick Timiraos, a well-known voice within the Federal Reserve, recently wrote that while Fed officials cut interest rates for the third consecutive meeting, there is an unusual division within the Fed regarding whether inflation or the job market should be a greater concern. Therefore, officials have hinted at a low willingness to continue cutting rates. Recent public comments from Fed officials indicate a deep division within the committee, to the point that the final decision may depend on how Fed Chairman Powell wants to proceed. Powell's term expires next May, meaning he will only chair the next three interest rate-setting meetings. Strong price pressures coupled with a cooling labor market present the Fed with an unpleasant trade-off, a situation unseen for decades. During the so-called "stagflation" of the 1970s, when officials faced a similar dilemma, the Fed's stop-and-go approach allowed high inflation to take hold. Jonathan Pingle, chief US economist at UBS, stated, "As interest rates approach neutral, with each rate cut you lose more support from participants, and you need data to incentivize those participants to join the majority in implementing rate cuts." Trump criticizes the Federal Reserve for its ineffective rate cuts; "another Kevin" undergoes final interview today. According to Global Markets News, US President Trump criticized the Federal Reserve on Wednesday for cutting interest rates too small and said he would meet with former Fed Governor Kevin Warsh that day to interview him for the position of chairman. The president stated that he did not ask Powell's successor to make any pronouncements on rate cuts, but said his view was that "our rates should be much lower." "I'm basically very clear about who I'm looking for. Again, I'm looking for someone honest on interest rates," Trump said on Wednesday, adding that he might announce his decision within the next two weeks. Trump's remarks came shortly after the Fed announced its third consecutive 25-basis-point rate cut. The president called the adjustment "quite small, it should have doubled, at least doubled." He also criticized Powell as "rigid" and "stubborn." The selection process for the new Fed chairman is nearing completion, and Trump said on Tuesday that he was considering "several different candidates, but I'm very clear about who I want." National Economic Council Director Kevin Hassett is considered the leading candidate for the position, and Trump has repeatedly hinted at this outcome. However, it is well known that he often makes unpredictable personnel decisions, and any speculation cannot be considered conclusive until the official nominations are announced. Other finalists included current Federal Reserve Governors Christopher Waller and Michelle Bowman, as well as Rick Reid of BlackRock. Bessant recommended four of the five to Trump. Powell: The Fed has shifted to a wait-and-see approach; rate hikes are not currently the base case. According to CLS News Agency, on Wednesday, Eastern Time, after the Federal Reserve cut interest rates by 25 basis points as expected, Chairman Powell delivered a speech. He stated that current interest rates are at a good level and can cope with changes in the economic outlook, but he did not provide guidance on whether there would be another rate cut in the near future. Powell pointed out, "It is worth noting that since last September, we have cut rates by a total of 175 basis points, including 75 basis points since this September. Currently, the federal funds rate is in a broad range of neutral levels, and we are in a favorable position to wait and see further developments in the economy." He added, "Monetary policy is not a fixed path set in advance; we will make decisions step by step based on the situation at each meeting." Notably, after Powell stated that no one currently considers a rate hike as a basic expectation, the three major US stock indexes began to rebound sharply. Analysts pointed out that Powell's speech undoubtedly relieved traders, who bought stocks in droves. The optimism stemmed from the market's belief that the Fed would not consider raising interest rates, but rather focus on future easing policies, even if such easing may not materialize in the near future. The Federal Reserve cut interest rates by 25 basis points, and is expected to cut rates only once in 2026. According to the Securities Times, on December 10th local time, the Federal Reserve announced a 25 basis point cut to its benchmark interest rate, from the current 3.75%-4% range to 3.5%-3.75%. This is the Fed's third consecutive rate cut, bringing the cumulative reduction to 75 basis points. In its statement, the Fed said that current indicators show economic activity is expanding at a moderate pace, but job growth has slowed this year, and the unemployment rate rose before September. Recent indicators are consistent with these developments. Notably, significant divisions emerged again among members of the Fed's Monetary Policy Committee in the vote. This marks the third consecutive time that Fed Governor Milan has voted against the cut, and his term expires in January. Schmid voted against the cut for the second consecutive time. Three members voted against the cut, a situation not seen since September 2019. The closely watched "dot plot" of future policy projections shows that the Fed will cut rates only once in 2026 and again in 2027, after which the federal funds rate will reach its long-term target of approximately 3%. These projections are unchanged from the September update, but the charts reflect the internal divisions within the committee regarding the direction of interest rates. In addition to the interest rate decision, the Federal Reserve also announced it would resume purchasing Treasury bonds. If SpaceX's IPO valuation reaches $1.5 trillion, Musk's net worth will approach $1 trillion. According to Bloomberg, if SpaceX goes public in 2026 with a valuation of $1.5 trillion, Elon Musk's net worth will jump from the current $460.6 billion to approximately $952 billion, with his SpaceX stake alone valued at $625 billion. This IPO could be Musk's second path to becoming the world's first "instant trillionaire," following Tesla. SpaceX is currently valued at approximately $800 billion and plans to offer $2 billion in employee stock. If completed, the company will regain its title as the "world's most valuable private company." Crypto AI platform Surf raises $15 million, led by Pantera Capital. According to Fortune, Surf, a crypto AI platform, has raised $15 million in funding, led by Pantera Capital with participation from Coinbase Ventures and DCG. Co-founded by former UC Berkeley AI researcher Ryan Li, Surf focuses on providing more accurate and "illusion-free" crypto market analysis. Currently, the platform has over 300,000 users and annual revenue in the millions of dollars, with a target of reaching $10 million by the end of 2026. Surf plans to launch its upgraded model, Surf 2.0, in February 2026, further solidifying its leading position in crypto AI. Sei will partner with Xiaomi to pre-install Web3 payment applications on new smartphones worldwide. According to a Sei Network announcement, Sei will partner with Xiaomi, the world's third-largest smartphone manufacturer, to pre-install its next-generation crypto wallet and discovery app, powered by Sei, on new Xiaomi phones sold outside of mainland China and the United States. The app supports stablecoin payments, P2P transfers, and DApp integration, and will eventually expand to Xiaomi's 20,000 global retail channels, initially launching in Hong Kong and the European Union, with a target launch date of Q2 2026. Simultaneously, Sei announced the establishment of a $5 million Global Mobile Innovation Fund to accelerate the adoption of blockchain in consumer devices. Coinbase will support the migration of MKR to SKY, and will suspend related services starting January 12. According to a Coinbase Markets announcement, from January 12th to 14th, 2026, Maker tokens will be available for migration from MKR to SKY at a conversion rate of 1 MKR : 23,520 SKY. During this period, MKR trading and transfers will be suspended. Users who do not wish to automatically convert must withdraw their MKR to their self-custodied wallets before January 12th. Strategy has submitted a formal objection to MSCI's proposed exclusion of "digital asset finance companies". According to an open letter submitted to MSCI, Strategy strongly opposes MSCI's proposal to exclude companies with digital assets exceeding 50% of their total assets from its global investable market indices. The letter points out that DATs like Strategy are operating companies, not investment funds, possessing business innovation capabilities and actual revenue streams. The proposal would unduly interfere with innovation and capital formation, weaken the US leadership in the digital asset sector, and impact the allocation of billions of dollars in passive funds. Strategy recommends that MSCI extend the consultation period and avoid discriminatory rules. Japan plans to shift the regulation of crypto assets from payment law to securities law framework. According to Cointelegraph, Japan's Financial Services Agency (FSA) has released a report proposing to transfer the regulation of crypto assets from the Payment Services Act (PSA) to the Financial Instruments and Exchange Act (FIEA), treating them as investment products. This move will strengthen IEO disclosure requirements and grant regulators more power to crack down on unregistered platforms, particularly those overseas and DeFi-related projects, while also introducing provisions prohibiting insider trading. He Yi: I will personally distribute BNB airdrop compensation to users who suffered losses due to their WeChat accounts being hacked. Binance co-founder He Yi tweeted that his rarely used WeChat account was hacked in the early hours of the morning. The attacker used his WeChat Moments and messages to mislead users into buying a certain meme coin, causing them to lose money. He Yi stated that he would personally allocate a portion of his BNB to airdrop to users who traded the coin through Binance's keyless wallet and Alpha platform during the period his WeChat account was hacked and suffered "absolute losses" within 24 hours. He emphasized that he, official accounts, and Binance employees would not recommend any meme coins and warned that such tokens lack long-term price support, and similar subsidies would no longer be provided in the future. ETHZilla acquires a 15% stake in digital mortgage platform Zippy for approximately $21 million. According to an announcement on ETHZilla's official website, the company acquired a 15% stake in digital mortgage platform Zippy for approximately $21 million and reached an agreement to tokenize manufacturing housing loans as on-chain Real-Wait Investing (RWA). Zippy focuses on the US manufacturing housing market and raises $14 billion annually. This move will expand ETHZilla's RWA strategic footprint. For the next 36 months, Zippy's on-chain operations will exclusively utilize ETHZilla's platforms, including Liquidity.io, which is expected to provide institutional investors with on-chain access to bonds. Superstate launches an on-chain direct issuance solution, enabling companies to raise funds in stablecoins to issue tokenized shares. According to The Block, Superstate, led by Compound founder Robert Leshner, announced the launch of "Direct Issuance Programs," allowing publicly traded companies to raise funds directly from KYC-verified investors by issuing tokenized shares. Investors can pay with stablecoins for instant settlement. The service will run on Ethereum and Solana, with the first offering expected to launch in 2026. The program requires no underwriters, complies with SEC regulations, and aims to promote the on-chaining of capital markets. The Federal Reserve will announce its interest rate decision at 3:00 AM on Thursday, with the market expecting a 25 basis point rate cut. According to Jinshi Data, the Federal Reserve will announce its interest rate decision at 3:00 AM on Thursday, with the market expecting a 25 basis point cut to 3.50%-3.75%. A rare division has emerged within the FOMC, with some voting members potentially opposing further rate cuts. Due to the government shutdown, key October data is missing, and limited changes to the SEP and dot plot are expected. Regarding liquidity, the market is focused on whether a Reserve Management Bond-Buying Program (RMP) will be launched after the end of balance sheet reduction. Bank of America predicts that it may purchase approximately $45 billion in short-term Treasury bonds per month starting in January; if combined with MBS reinvestment, the scale could reach approximately $60 billion. If an RMP is announced, the focus of the meeting may shift to the balance sheet rather than the interest rate path. An early Ethereum address containing 850 ETH, dormant for over 10 years, has been activated. According to Whale Alert, an early pre-mining address containing 850 ETH was recently activated after 10.4 years of dormancy (transferring 1 ETH to Coinbase), and its current total value is approximately $2.81 million. This address's holdings were worth only $263 in 2015. American Bitcoin increased its holdings by 416 bitcoins, bringing its total holdings to 4,783 bitcoins. According to PR Newswire, American Bitcoin Corp. (NASDAQ: ABTC) disclosed that its Bitcoin reserves increased to 4,783 as of December 8, a 19.5% increase from November 5. The company also updated its "Satoshis Per Share (SPS)" to 507, a 17.3% increase within the month. Approximately 416 new Bitcoins were added between December 2 and 8, originating from self-mining and strategic purchases; some Bitcoins are in custody or used as collateral for mining equipment purchases with BITMAIN. BlackRock's IBIT transferred 2,100 BTC to Coinbase Prime. According to Solid Intel monitoring, a few minutes ago, BlackRock's Bitcoin spot ETF IBIT transferred a total of 2,100 BTC to Coinbase Prime, valued at approximately $193.9 million at the current price. The transfer was divided into seven transactions, each containing 300 BTC.

Author: PANews
Sei token rises on Xiaomi partnership

Sei token rises on Xiaomi partnership

The post Sei token rises on Xiaomi partnership appeared on BitcoinEthereumNews.com. The Sei token, native to the layer-1 blockchain network Sei, gained value on December 10, following the announcement of a strategic partnership with Xiaomi Corporation to integrate crypto wallet technology into the smartphone manufacturer’s devices. Summary Sei token jumped after the network announced a partnership with Xiaomi to pre-install a Sei crypto wallet on new smartphones. Integration targets Europe, Latin America, Southeast Asia, and Africa, enabling dApp access and peer-to-peer transfers. Sei Labs and Xiaomi project tens of millions of new users, supported by Sei’s new $5M Global Mobile Innovation Program. The token posted intraday gains while most major cryptocurrencies traded lower, according to market data. The collaboration will embed a Sei crypto wallet application directly into new Xiaomi smartphones. Sei Labs, the development team behind the Sei blockchain, announced the collaboration with Xiaomi on December 10, 2025. The partnership aims to deliver crypto wallet functionality to Xiaomi’s global user base through a pre-installed application on the company’s devices. The integration will feature a pre-installed crypto wallet on new Xiaomi smartphones distributed outside mainland China and the United States, according to the announcement. Initial rollout targets include Europe, Latin America, Southeast Asia, and Africa. Source: CoinGecko Xiaomi holds over 36% of the smartphone market in Greece and over 24% in India, according to market data. The company sold over 168 million devices in 2024, accounting for 13% of global market share. The pre-installed wallet will support onboarding through Google or Xiaomi account credentials. The partnership will support decentralized applications, peer-to-peer transfers, and consumer-to-business transactions, according to the companies. Sei and Xiaomi plan to enable stablecoin transactions using assets such as USDC on the Sei network, with stablecoin payments scheduled to launch in Hong Kong and the European Union by the second quarter of 2026. Jeff Feng, co-founder of Sei Labs,…

Author: BitcoinEthereumNews