Worldcoin Launches the World ID 2.0 Digital Passport and A High-Performance Development Platform | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Coinbase's international exchange will launch spot 4e8da689-eaf1-4d4b-b77f-57594c4eea6b of BTC and ETH.
• Binance filed to dismiss the SEC lawsuit.
• The OKX DEX suffered an exploit resulting in a loss of over US$2.7 million. The hacker attacked an old, abandoned MM contract and grabbed the proxy admin owner's private key. The OKX DEX said any user losses affected by the hack will be fully borne.
• Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)

2. Cryptocurrency Trends:

• Bitwise Bitcoin ETF (ticker: BITB), a spot bitcoin ETF that Bitwise seeks to launch, has been listed on the website of the Depository Trust and Clearing Corporation (DTCC) in the US, with the Create/Redeem feature m arked as "Y".
• The US Federal Reserve left rates unchanged on December 14 and Chairman Jerome Powell said it would be too late to wait until the inflation reaching 2% to cut rates.
• Worldcoin launches the World ID 2.0 digital passport and a high-performance development platform. It has been integrated with applications including Telegram and Reddit. Individuals are able to verify to an application or service that they are human, and developers can easily integrate "Sign in with World ID” onto their applications.
• EigenLayer announced the introduction of six new LSTs: wBETH (Binance), osETH (Stakewise), swETH (Swell), AnkrETH (Ankr), EthX (Stader), and oETH (Origin ETH).The total staking limit is raised to 500,000 ETH.
• Deutsche Bank's DWS Group is teaming up with Dutch market maker Flow Traders and crypto fund manager Galaxy Digital to form a company called AllUnity which plans to apply for an e-money license with Germany’s Federal Financial Supervisory Authority (BaFin), with the intention of launching its fully collateralized EUR-denominated stablecoin within the next 18 months.
• Fusionist introduced the Nexus Bond airdrop mechanism with a total prize pool of nearly 5 million ACEs starting on December 18. To qualify for this airdrop, holders must possess specific assets such as NFTs, BOAT and domain names.

3. Financing Trends:

• Andalusia Labs has completed a US$48 million Series A funding round led by Lightspeed Venture Partners. Other investors include Pantera Capital, Framework Ventures, Bain Capital Ventures, and Digital Money Group. Andalusia Labs has three major solutions, a layer-2 blockchain called Karak, a crypto risk management marketplace called Subsea, and a security-centric institutional platform called Watchtower, providing support in digital asset management for institutions, developers, and consumers.
• Web3 authentication startup Dynamic secured US$13.5 million in a funding round led by a16z and Founders Fund.
• Canaan Technology has completed its first phase of preferred stock financing, raising US$25 million (all shares of preferred stock totaling US$125 million). The company intends to use the net proceeds from the sale for research and development, expanding production scale, and other general corporate purposes.

4. Regulatory Trends:

• Highlights of FTX hearing on December 14: The US$24 billion claim from IRS, and the dispute with LayerZero over a deal of US$45 million when FTX collapsed.
• Three Arrows Capital co-founder Su Zhu is expected to be released from jail this month, and faced questioning in a Singapore court on Wednesday this week to respond with details on how the fund failed and the whereabouts of the assets.