Solana Ecosystem Liquid Staking Protocol Jito Launches Governance Token | Cryptocurrency Trends

1.Mainstream Exchange Trends:

• OKX officially launches virtual asset exchange and Web3 wallet in Brazil, with the Brazilian real available for fiat-to- crypto trading.
• Binance to delist the following assets on December 7: BitShares (BTS), PERL.eco (PERL), Tornado Cash (TORN), and Waltonchain (WTC).
• Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC+8)

2.Cryptocurrency Trends:

• Solana ecosystem liquidity staking protocol Jito launches its governance token with 10% of supply reserved for retroactive airdrops. Community growth programs will receive 34.3%, ecosystem development will receive 25%, investors will receive 16.2%, and core contributors will receive 24.5%.
• Justin Sun responds to remarks that "the Tron network has become the favored choice for crypto transfers associated with organizations labeled as terror groups": "While we are committed to combating terrorist financing by integrating various analysis projects and partners, our top priority remains, as always, maintaining decentralized management, ensuring the security of everyone's assets..." Previously, Reuters interviewed an expert who claimed that Tron had surpassed Bitcoin to become the cryptocurrency network of choice for terrorist groups.
• Cosmos founders to fork Cosmoshub4 into a new network called AtomOne. The final plan is to integrate ATOM with ATMO/ATMO1 to prevent the mass selling and collapse of ATOM.
• Speaking at the Devconnect conference in Turkey, Vitalik Buterin says that he plans to redesign Ethereum staking and completely address all the issues affecting its performance and expresses concern about the increasing concentration of Ethereum liquid staking in the proof-of-stake model.
• DWF Labs co-founder says that traditional market-making strategies are becoming obsolete, and they will be launching an RFQ platform, claiming that there is no need to lend large amounts of assets to market makers.
• ORDI: Dumpster DAO claims on social media that while exchanges like OKX and Bybit use UniSat data, Binance relies on Ordiscan data, noting that this difference in indexing methods poses risks to ORDI assets. Binance employee sisibinance responds that Binance is using Unisat indexer, not Ordiscan.

3.Financing Trends:

• Farcana, a UAE-based blockchain game studio, announces a strategic investment from Animoca Brands. Built on Unreal Engine 5, Farcana is a team-based arena third-person shooter. The funding is being used to drive Farcana's beta release and development within the Bitcoin ecosystem.
• Binance Labs invests $3.15 million in Open Campus. This community-driven Web3 education platform tokenizes educational content by enabling content creators to monetize their published content with token EDUs belonging to the Binance IEO program.

4.Regulatory Trends:

• The U.S. SEC is still searching for evidence that Binance and CZ may have had a backdoor to manipulate assets stored on Binance.US. According to the Wall Street Journal, CZ pleaded guilty to criminal charges last week, largely ending a long-running U.S. investigation related to AML controls and compliance with sanction laws.