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1Bitget 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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- 01:54Data: Suspected Vision project team wallet sent VSN tokens worth $992,000 to CEXAccording to ChainCatcher, onchainschool.pro monitoring shows that the Vision project team wallet sent VSN tokens worth $992,000 to Bitget. Before this transfer, these tokens were bridged from Ethereum to Arbitrum, and then deposited into the exchange.
- 01:53World launches "super app" with new cryptocurrency payment and end-to-end encrypted chat featuresAccording to TechCrunch, the decentralized biometric authentication project World, co-founded by Sam Altman, has released the latest version of its application, introducing several new features, including end-to-end encrypted chat integration and Venmo-like cryptocurrency sending and receiving functions. The new version of the app is referred to by the development team as a "super app." The World Chat feature uses end-to-end encryption technology, providing a security level equivalent to Signal, and uses colored chat bubbles to indicate whether the conversation partner has been verified by the World system. This feature is designed to incentivize users to complete identity verification, allowing users to confirm the true identity of their chat partners. In terms of digital payments, the new version expands cryptocurrency sending and receiving capabilities. Users can directly receive salaries through virtual bank accounts and make deposits from bank accounts, with all these funds convertible to cryptocurrency. Using these payment features does not require passing through World’s identity verification system. Reportedly, World verifies users’ identities by scanning their irises with its Orb device, and has scanned nearly 20 million people so far, with a goal of scanning 1 billion people.
- 01:35Blockstream’s Bitcoin researchers propose a hash-based signature scheme to defend against quantum computer threatsOn December 12, it was reported that Blockstream researchers Mikhail Kudinov and Jonas Nick proposed in a revised paper published on December 5 that hash-based signature technology may be the key solution to protect the $1.8 trillion Bitcoin blockchain from the threat of quantum computers. The researchers believe that hash-based signatures are a compelling post-quantum solution because their security relies entirely on mechanisms similar to the hash function assumptions already present in Bitcoin's design. This scheme has undergone extensive cryptanalysis during the post-quantum standardization process by the National Institute of Standards and Technology (NIST), enhancing the credibility of its robustness. It is estimated that older Pay-To-Public-Key Bitcoin wallets created before 2012 (including Satoshi Nakamoto's holdings worth $98 billion) contain about $600 billion in Bitcoin, and these wallets will be the first to face the threat from quantum computers.
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