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AI-Powered Next-Generation DeFi Wallet Talisman Launches Native Token SEEK, with a total supply of 100 million tokens, 50% allocated for community incentives

48 minutes ago

**Talisman Launches Native Token SEEK, Ushering in New AI DeFi Phase** Multi-chain DeFi wallet Talisman officially launched its native token SEEK on December 5, marking a new chapter for AI-driven decentralized finance (DeFi). SEEK has a total supply of 100 million tokens, with the token generation event (TGE) valued at $60 million. Token allocation prioritizes long-term ecosystem growth, with distribution as follows: - **Community & Ecosystem (50%)**: Staking rewards, liquidity provider (LP) incentives, ecosystem grants, community initiatives, and liquidity support - **Team (15%)**: Core team and early contributors - **Investors (20%)**: Strategic investors and IDO participants - **Foundation (15%)**: Ecosystem development and long-term strategic reserves Talisman is a multi-chain wallet and Web3 gateway that lets users secure and scale their crypto assets intuitively while retaining full self-custody. As the core intelligence layer for next-generation smart finance, it connects to over 900 networks (including EVM, Solana, Substrate, and Bittensor) and manages assets worth more than $2 billion. Its AI Agent delivers automated, customizable on-chain yield strategies.
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PIGGY Token Experiences a "Flash Crash" of 90%, $4 Million Worth of Tokens Minter and Dumped, Market Cap Now Plunged to $810,000

December 5th — Per on-chain data, roughly $4 million worth of PIGGY was unusually minted and immediately dumped over the past 15 minutes. The token’s price has plummeted 90% in seconds, with its current market capitalization now at $810,000.

7 minutes ago

Franklin Templeton Reveals Spot SOL ETF Details: Initial Holding of 17,000 Coins, Staking Rewards to Be Included in Revenue

**December 5 Update** Franklin Templeton officially unveiled details of its spot Solana (SOL) ETF on December 5. Key details: - Initial SOL holdings: 17,000 tokens (custodied by Coinbase Custody), with a market value of approximately $2.4 million. - Current circulating shares: 100,000; the ETF charges a 0.19% trading fee. Franklin Templeton noted the firm will stake its SOL holdings to generate rewards, which will be included in its revenue.

7 minutes ago

The yield on the 10-year Treasury Note has increased by 2 basis points to 4.12%, reaching a new high since November 2020

On December 5, the U.S. 10-year Treasury note yield rose 2 basis points to 4.12%, hitting a fresh high not seen since November 2020. (FX678)

7 minutes ago

Former Vice President of the People's Bank of China: The policy orientation to resolutely contain virtual currencies, including stablecoins, has been completely clarified

On December 5, Wang Yongli, former vice president of a Chinese bank, published an article titled **"Why Is China Resolutely Halting Stablecoins?"** In the piece, he noted that China is accelerating digital yuan development and has clearly outlined its policy stance to firmly curb all virtual currencies—including stablecoins. This decision stems from comprehensive considerations: China’s global lead in mobile payments and the digital yuan, RMB sovereignty and security, and the stability of its monetary and financial system. With USD stablecoins spreading globally, international relations growing increasingly tense and complex, and monetary competition intensifying, their impact on the RMB’s innovation, national security, and China’s strategic goals of becoming a strong currency and financial power is significant and far-reaching. Thus, calm analysis and accurate early decision-making are critical—avoiding both indifference/hesitation and blind trend-following that could lead to di

7 minutes ago

September PCE Data Tonight, Fed Faces Moment of Truth

**Wall Street Laser-Focused on Delayed September PCE Data (Fed’s Preferred Inflation Gauge)** With this critical deadline approaching this Friday, December 5, Wall Street is laser-focused on the upcoming U.S. September Personal Consumption Expenditures (PCE) Price Index — the Federal Reserve’s preferred inflation gauge. - Not just the first official inflation reading since late September, it’s the **lodestar** for whether U.S. stocks can escape recent volatility and chart their next direction. - Delayed by the prior government shutdown, the report has left markets rife with uncertainty. Investors, analysts, and even Fed officials are waiting eagerly to cut through the economic fog. ### Key Data to Watch (8:00 PM ET Today) - **Core PCE YoY**: Prior = 2.9% (no official forecast given, but markets are tuned to inflation trends). - **Headline PCE YoY**: Expected = 2.8% (slight uptick from August’s 2.7% — would mark the highest since April 2024 if realized). - **PCE MoM**:

7 minutes ago

The EU is seeking to transfer cryptocurrency regulatory oversight to the European Securities and Markets Authority

On December 5, the European Commission announced plans to shift regulatory oversight of crypto firms to the European Union’s market watchdog as part of a push for “comprehensive integration” of the bloc’s financial markets. The Commission noted that putting crypto regulation under the European Securities and Markets Authority (ESMA)’s scope would boost regulatory effectiveness and smooth cross-border operations. The proposal targets addressing decentralization challenges stemming from regulatory gaps across the EU’s 27 member states. Earlier, national regulators—including France’s AMF, Austria’s FMA, and Italy’s Consob—raised concerns about MiCA implementation and urged ESMA to step up oversight. The plan still requires negotiation and approval from the European Parliament and European Council.

7 minutes ago

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