NFT Project Pudgy Penguins to Launch Pudgy World in Q1 2024 | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Binance Labs: Withdrawal of Abu Dhabi license application was due to low capital utilization, not the Binance exchange.
• OKX: The $okts project shows high levels of popularity on the OKTC chain, briefly affecting normal OKX Web3 wallet services.
• Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)

2. Cryptocurrency Trends:

• Worldcoin: New loan agreements with five m arket makers to come into effect on December 16, who were previously paid a total of 100 million WLD. According to the terms of the current agreements, the market makers will be required to return 75 million WLD by December 15.
• A total of 24.84 million (~US$209 million) Aptos (APT), or 8.9% of the circulating supply, will be unlocked on December 12, 8:00 AM.
• Tether has initiated a voluntary wallet freeze policy aimed at combating activity related to individuals on the U.S. Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list. Tether will also make the sanction controls imposed on wallets on its platform available on the secondary market.
• UniSat Wallet: Mobile app to launch this month, with a brc20-sats mining incentive model to launch next month.
• NFT project Pudgy Penguins to launch Pudgy World in Q1 2024 and introduce new characters: Pudgy and Peaches. On December 10, Pudgy Penguins' floor price exceeded 12 ETH, once again hitting a record high.
• The Starknet Foundation plans to distribute 1.8 billion tokens as user rewards and network rebates. Details are still being worked out.
• The Spartan Council, the governance board of Synthetix (SNX), considers a proposal to end SNX inflation, meaning there will be no more new tokens and no more weekly emissions. Voting on the proposal is set to end on December 17 (UTC).
• Crypto media publication Decrypt signs a letter of intent to merge with Web3 media firm Rug Radio. The two companies will merge to form a new, as yet unnamed, holding company, with both companies retaining their brands and independence.
• MetaMask partners with seven payment platforms in six countries, including Vietnam and the Philippines, to support cryptocurrency payments. MetaMask's wallet service now supports local transfers in four countries: Vietnam, Malaysia, Japan, and South Korea.

3. Financing Trends:

• Digital Asset Exchange GFO-X raises US$30 million in Series B funding led by MG Investments.

4. Regulatory Trends:

• South African regulator considers requiring crypto firms headquartered overseas to set up local offices: South Africa's Financial Sector Conduct Authority (FSCA) says in a study that it needs to consider proposing requirements related to setting up local branches for the 10% of crypto firms operating in the country with offshore headquarters.
• Japan considers exempting companies from tax on unrealized crypto gains: The measure, which is part of Japan's tax code reform, would exempt companies from paying taxes on cryptocurrencies even if the market value of their holdings changes from fiscal year to fiscal year.
• Kazakhstan regulator blocks 980 unregistered crypto exchanges in 2023.