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1. On-chain funds: Today, $55.7M flowed into Ethereum; $51.4M flowed out of Base. 2. Top gainers and losers: $OMNI, $FTN. 3. Top news: At 23:00 tonight, the US will release the annual Core PCE Price Index for September, with an expected 2.9%.
If Ethereum is to become the settlement and coordination layer for AI agents, it will need a way to represent native AI assets—something as universal as ERC-20, but also capable of meeting the specific economic model requirements of AI.
In order to push forward the plan of using frozen Russian assets to aid Ukraine, the German Chancellor even postponed his visit to Norway and rushed to Brussels to have a working meal with the Belgian Prime Minister, all in an effort to remove the biggest "obstacle."
On December 4th, Ethereum's second major upgrade of the year, Fusaka (corresponding to Epoch 411392), was officially activated on the Ethereum mainnet.
- 17:18Michael Saylor: Quantum computing will not weaken Bitcoin, but will instead strengthen its security and scarcityJinse Finance reported that Michael Saylor stated that quantum computing will not destroy the bitcoin network; instead, it will drive bitcoin to achieve a "quantum leap." He pointed out that bitcoin can introduce quantum-resistant security mechanisms through network upgrades. Bitcoins that are still active will migrate to the new security system, while bitcoins with lost private keys will be permanently frozen. As a result, the overall security of bitcoin will be enhanced, the actual circulating supply will further decrease, and in the long term, this will help strengthen the value foundation of bitcoin.
- 17:06FDIC proposes application procedures for banks to issue stablecoins through subsidiariesChainCatcher News, the U.S. Federal Deposit Insurance Corporation (FDIC) has approved a proposed rule to establish an application process for banks to issue stablecoins through subsidiaries. A 60-day public comment period has been launched. This is the first formal rulemaking proposal following the passage of the "GENIUS Act"—the "U.S. Stablecoin Innovation Act."
- 17:04FDIC Proposes Application Process for Banks to Issue Stablecoins through SubsidiariesBlockBeats News, December 17th, the Federal Deposit Insurance Corporation (FDIC) today approved a proposed rule to establish an application process for banks to issue stablecoins through subsidiaries. The rule has initiated a 60-day public comment period, marking the first formal rulemaking proposal following the passage of the GENIUS Act, also known as the American Stablecoin Innovation Act.