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no_data1Bitget Daily Digest (Dec. 11)｜The Federal Reserve announced a 25 bps cut to the benchmark rate; Bitmine purchased 33,504 ETH; CBOE has approved the listing and registration of the 21Shares XRP ETF2Conflicted Fed cuts rates but Bitcoin’s ‘fragile range’ pins BTC under $100K3Full text of the Federal Reserve decision: 25 basis point rate cut, purchase of $4 billion in Treasury bills within 30 days
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- 23:53Bitcoin rewards app Lolli now supports withdrawals on the Lightning NetworkChainCatcher news, according to The Block, Bitcoin rewards app Lolli now supports withdrawals on the Bitcoin Lightning Network after completing integration with Spark. This move may help address complaints from some users following Lolli's acquisition by Thesis in July. Spark is an open-source Bitcoin Layer 2 protocol developed by Lightspark, enabling instant, low-cost, self-custodial transactions of Bitcoin and Bitcoin-based assets, and is fully compatible with the Lightning Network. The two companies stated that Spark's software development kit (SDK) will provide Lightning Network withdrawal support for Bitcoin rewards held on the Lolli platform. Thesis's acquisition of Lolli was criticized by some users. Shortly after the acquisition announcement, Lolli suspended all Bitcoin reward transfers and withdrawals to migrate its backend to Thesis's infrastructure, which caused dissatisfaction among some users. In addition, before allowing on-chain Bitcoin or Lightning Network transfers, Thesis integrated its EVM-compatible Mezo Bitcoin scaling and programmability layer into Lolli, which further angered some users.
- 23:52Michael Hsu, Acting Comptroller of the US OCC, appointed as Venture Partner at Core Innovation CapitalAccording to Jinse Finance, Yueqi Yang, a crypto reporter at The Information, revealed that Michael Hsu, Acting Comptroller of the US Office of the Comptroller of the Currency (OCC), has joined the venture capital firm Core Innovation Capital as a Risk Partner. He will provide regulatory compliance and policy liaison support to startup founders.
- 23:35Overview of Key Overnight Developments on December 1221:00-7:00 Keywords: OpenAI, FSOC, Galaxy, Movement Labs 1. Disney will make a $1 billion equity investment in OpenAI; 2. The US FSOC annual report removes the cryptocurrency risk warning; 3. JPMorgan issues Galaxy short-term bonds on the Solana network; 4. White House: Trump will sign bills and executive orders later today; 5. Former Movement Labs co-founder launches a $100 million crypto investment plan; 6. Bloomberg analyst: There are a total of 124 crypto asset ETFs being registered in the US market; 7. Crypto journalist: US officials will hold key consultations today on the "Crypto Market Structure Bill"; 8. US SEC Chairman: The crypto working group will hold a roundtable on the 15th to discuss policies related to financial monitoring and privacy.
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