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Chainlink has not replaced traditional financial systems; instead, they have built a translation layer that enables traditional financial systems to "speak the language of blockchain."
![[Long Thread] Besides securing a $10 million investment from WLFI, what makes Falcon stand out?](/news-static/client/media/cover-placeholder.101bcc72032a7c4f0a397f15f3252c92.svg)
Share link:In this post: CFTC Commissioner Kristin Johnson will step down on September 3. Other commissioners are also departing, leaving the regulator with just one active member. Trump’s CFTC nominee Brian Quintenz still awaits a confirmation hearing, with no other names announced.
Share link:In this post: Economists warn that Trump’s pressure on the Fed could increase US borrowing costs. He has targeted Governor Lisa Cook and is nominating loyalists to reshape the Fed’s board. Markets are already reacting, with bond yields widening and the dollar slipping.
Pi Coin price has been in a long downtrend, but technical charts are flashing early signs of a potential rebound. A bullish divergence on RSI, strong money flow, and easing bearish pressure hint at a possible 40% rally if key support holds.
Google's Cloud Universal Ledger project, a Layer 1 blockchain for financial institutions, is in private testnet. Positioned as neutral infrastructure, it supports Python smart contracts and aims to serve global financial sector demands.
Hyperliquid XPL experienced extreme market conditions: it surged 200% in 5 minutes before crashing sharply, with two addresses making a combined profit of $27.5 million.
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- 15:00errorBlockBeats News, December 16, according to Coinedition, Mastercard announced a strategic alliance with the Abu Dhabi ADI Foundation to expand stablecoin settlement and tokenized asset applications in the Middle East. It will support domestic and international cross-border transactions through stablecoin settlement, launch stablecoin-linked payment cards, explore tokenized real-world asset use cases, and provide digital asset support for remittances and B2B trade processes. Mastercard stated that this move aligns with the UAE's goal of becoming a center for digital assets and blockchain infrastructure, providing banks, fintech companies, merchants, and consumers with faster settlement speeds, clearer transaction visibility, and more resilient payment processes.
- 14:59Analysis: Preliminary PMI data shows that recent U.S. economic growth momentum is weakeningAccording to Odaily, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, stated that the preliminary PMI data for December shows that recent economic growth is losing momentum. Although the survey indicates that the annualized GDP growth rate for the fourth quarter is about 2.5%, growth has slowed for two consecutive months. With new sales growth slowing sharply ahead of the holiday season, economic activity may further decelerate as we enter 2026. Signs of economic weakness are also widespread, with the massive inflow of new orders in the services sector nearly coming to a halt, while factory orders have seen their first decline in nearly a year. Although manufacturers continue to report output growth, the decline in sales suggests that the current production level is unsustainable and, unless demand recovers in the new year, production will need to be reduced. Service providers reported that sales growth in December was one of the slowest months since 2023. (Golden Ten Data)
- 14:59Rainbow announces that the RNBW token TGE date is February 5, 2026BlockBeats News, December 16, the crypto wallet Rainbow Foundation announced that the TGE date for the RNBW token is February 5, 2026. Furthermore, the Rainbow Foundation will become the largest single shareholder of Rainbow Corporation at the token issuance, holding 20% of the company's shares. Token holders and shareholders will be able to share the same benefits. If Rainbow is acquired in the future, the foundation will gradually dissolve and distribute its net assets (including the income from its 20% equity ownership) to token holders.