UK to Ban Public Offerings of Cryptocurrencies

According to CoinDesk, the UK Financial Conduct Authority (FCA) said in a document on the upcoming cryptocurrency regulatory system on Monday that the UK intends to ban the public offering of cryptocurrencies.

The UK Financial Conduct Authority (FCA) intends to ban the public offering of cryptocurrencies, according to a document on the upcoming cryptocurrency regulatory system published by CoinDesk on Monday.

The government will introduce legislation to prohibit the public sale of cryptocurrencies, building on the UK’s promotion rules to block unregistered cryptocurrency companies from approaching UK customers.

Only crypto asset trading platforms and products that meet the exemption conditions will be excluded from the restriction.

The US SEC has issued a Wells notice to the crypto investment company Unicoin

NFT project CyberKongz claims to have received a Wells notice from the U.S. SEC

FTX Announcement: Court-approved Chapter 11 Reorganization Plan Will Take Effect on January 3, 2025

Its court-approved Chapter 11 reorganization plan will take effect on January 3, 2025, and will be set as the record date for the first distribution, according to the FTX announcement.

The first distribution is expected to be completed within 60 days after the effective date and will apply to approved claims in the convenience category.

FTX has partnered with BitGo and Kraken to assist in distributing recovery funds to customers and creditors.

Distribution requirements include completing KYC verification, submitting tax forms, and connecting with designated service providers.

21Shares XRP Trust is registered in Delaware, USA

OpenAI: ChatGPT search feature is now open to all free users

ChatGPT's search function has undergone a major update and is now gradually open to all free users, according to OpenAI's announcement.

This update includes real-time search, which supports getting the latest news, stocks and other dynamic content at the minute level; a new advanced voice mode, which will be launched next week, allows users to optimize the multi-round search experience through more natural voice interaction; a new map function on the mobile terminal, which supports viewing surrounding locations, route planning and business information; and optimizations for Android, iOS and other platforms to increase search efficiency by more than 40%.

Source: SoftBank plans to invest $100 billion in the United States to support the development of AI and related infrastructure

Coinbase will launch Parcl (PRCL) trading at 1:00 am on December 18

Coinbase will support Parcl (PRCL) tokens (SPL tokens) on the Solana network, according to the Coinbase announcement.

Users should avoid transferring funds through other networks, otherwise funds may be lost.

The transfer function of this asset is now open and is applicable to regions where Coinbase and Coinbase Exchange support transactions.

The PRCL-USD trading pair is scheduled to start trading at 1:00 a.m. Beijing time on December 18, 2024 (9:00 a.m. PT on December 17), provided that liquidity conditions are met.

Ripple to launch its stablecoin RLUSD on December 17, followed by monthly verification

The launch date of Ripple's stablecoin pegged to the US dollar is December 17, according to The Block.

Ripple said in a statement on Monday: "Each RLUSD token is fully backed by US dollar deposits, US government bonds and cash equivalents."

An independent auditing company will be responsible for creating proof of RLUSD's reserve assets to increase transparency.

These proofs will be released once a month.

Binance HODLer Airdrops 4th and 5th Projects Launched: Simon’s Cat and Pudgy Penguins

The 4th and 5th Binance HODLer airdrops are now live for the 4th and 5th projects - Simon's Cat (CAT) and Pudgy Penguins (PENGU), according to the official announcement.

From 08:00 on December 9, 2024 to 07:59 on December 13, 2024 (Eastern Time), users who use BNB to subscribe to regular and/or current products on the CoinEr platform will receive airdrop allocations.

HODLer airdrop information is expected to be available within twelve hours, and the new tokens will be distributed to users' spot wallets 1 hour before trading begins.

Binance will list CAT on December 17, 2024 at 17:00 (ET8) and open trading pairs against USDT, BNB, FDUSD, and TRY.

Seed tag trading rules apply.

Binance will list PENGU on December 17, 2024 at 22:00 (ET8) and open trading pairs against USDT, BNB, FDUSD, and TRY.

Seed tag trading rules apply.

Total amount of CAT HODLer airdrop tokens: 1,143,000,000,000 CAT (12.7% of the maximum