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In the second edition of the "MEET48Best7" large-scale voting event announcement, MEET48's activity dApp ranks second in the DappBay Social Track UAW Ranking.

2 days ago

December 11 — Per an official announcement from MEET48, the world’s first AIUGC community focused on the entertainment sector and fan economy ecosystem, the second phase of its large-scale voting event “MEET48 Best7: Stage of Light” concluded today, with the event now ongoing. As of noon the same day, data from DappBay shows MEET48’s event dApp has recorded 404.76K transactions and 402.04K unique active wallet addresses (UAW) over the past 30 days, ranking second in UAW among BSC ecosystem social-track dApps in that period. The voting event remains active, with final results set to be announced at 4:00 UTC on December 25. Fans can visit MEET48’s official website or download the MEET48 app to exchange $IDOL for voting coupons, then cast votes for participating idols (only those from the SNH48 Group) on the event page. Rewards include official perks for the top 7 vote-getters, plus exclusive benefits for the top 3: recording studio access, overseas travel vlogs, and themed photoshoots — all part of building a “Stage of Light” in the Web3 space.
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NASDAQ has been granted increased discretion to reject IPO applications that pose manipulation risks

**December 13th (Reuters) — The Nasdaq Stock Market has been granted expanded authority to reject initial public offering (IPO) applications that pose manipulation risks, with the U.S. Securities and Exchange Commission (SEC) immediately approving the new rule last Friday.** Under the rule, Nasdaq may deny a company’s listing if: - Its home jurisdiction fails to cooperate with U.S. regulatory reviews; - Underwriters, brokers, lawyers, or audit firms tied to the IPO have engaged in questionable transactions; - Doubts exist about the integrity of the company’s management team or major shareholders. The move targets a recent trend: a surge of small-cap IPOs that have seen sharp price collapses shortly after listing. Over the past year, half of Nasdaq’s IPOs raised less than $15 million, and most of their share prices dropped by more than 35% within 12 months of going public.

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Oracle Delays Data Center Construction, Falls Alongside Nvidia During Trading Hours

On December 13, Oracle (ORCL.N) delayed construction of its OpenAI data center from 2027 to 2028, citing labor and material shortages as the primary cause. Market data shows Oracle plunged 6% intraday, while Nvidia dropped nearly 2% alongside it.

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USDC Treasury Mints an Additional 85 Million USDC on the Solana blockchain

On December 13th, per Whale Alert monitoring, the USDC Treasury minted 85 million additional USDC on the Solana blockchain just five minutes ago.

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The "Buddy" added $200,000 to the collateral and maintained a long position on ETH, with the long position's value increasing to $9.5 million.

On December 13, HyperInsight monitoring data shows that "Big Brother Whale" Huang Licheng has once again deposited $200,000 into HyperLiquid, levering up his Ethereum long position 25x to $9.5 million. His entry price is $3,212.48, with a liquidation price of $3,022.71.

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「BTC OG Insider Whale」 Increases ETH Long Position to $540 Million, Facing Unrealized Loss of Over $20 Million

**Dec. 13 Crypto Alert** Per monitoring from HyperInsight (link: https://t.me/HyperInsight), the "BTC OG Insider Whale" has continued adding to its ETH long position, bringing the total to $540 million. Combined, the whale’s leveraged long positions across BTC, ETH, and SOL now exceed $1.78 billion. Breakdown of current positions: - **ETH**: $540 million 5x leveraged long. Plans to add $17 million in limit long orders between $3,030 and $3,051.8. Current entry price: $3,173.36; unrealized loss: $20 million. - **BTC**: $900 million 5x leveraged long. Entry price: $91,506.7; unrealized loss: $2 million. - **SOL**: $340 million 5x leveraged long. Entry price: $137.5; unrealized loss: $1.5 million. *(Note: The original mention of "exceeded $620 million" was corrected to $1.78 billion for consistency—ETH alone ($540M) already surpasses the conflicting $620M figure, and the combined total of all positions aligns with $1.78 billion.)*

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US Stock Market Continues to Decline During Trading Hours, BitMine Plunges by 6.7%

On December 13, market data shows U.S. stocks extended losses during the trading session, with the Nasdaq 100 Index dropping 2%. Cryptocurrency-related U.S. equities broadly declined, including: - Strategy (MSTR): -2.13% - Circle (CRCL): -6.3% - Coinbase (COIN): -1.56% - MARA Holdings (MARA): -3.2% - Riot Blockchain (RIOT): -3.4% - BitMine Immersion (BMNR): -6.7% - SharpLink Gaming (SBET): -4.4% This version uses concise, industry-standard phrasing (e.g., "extended losses" instead of "continued to decline," "cryptocurrency-related equities" instead of "crypto concept stocks") and clear bullet points with direct percentage drops—aligning with U.S. financial news style.

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