Overview of Important Developments on December 6th at Noon

7:00-12:00 Keywords: Pudgy Penguins, David O. Sacks

1. Pudgy Penguins launched its native token PENGU based on the Solana network;

2. In the past 24 hours, the total liquidation across the network was $1.098 billion, with long positions liquidated at $816 million;

3. aelf will undergo halving on December 12, reducing block rewards to 0.0625 ELF;

4. Trump will appoint David O. Sacks as the White House Director of Cryptocurrency and Artificial Intelligence;

5. FOX reporter: The US CFTC chairman candidate is preparing to visit Trump's Mar-a-Lago for an interview next week;

6. David Sacks' venture capital firm Craft Ventures has invested in crypto projects like dYdX and Lightning Labs;

7. Trump: David Sacks will work on establishing a legal framework for cryptocurrency to ensure the industry's prosperity in the US.