Binance Will Support BNB Smart Chain (BEP20) Network Upgrade and Hard Fork

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 photo

On December 11, the Federal Open Market Committee (FOMC) cut interest rates by 25 basis points to a range of 3.50%-3.75%—its third consecutive rate cut. Three dissenting votes, however, signaled a widening split over policy direction. The post-meeting statement added language about “assessing the appropriate path of the federal funds rate target range” and dropped its description of the unemployment rate as “low,” reflecting officials’ deepening divide on employment risks and inflation stickiness. The Fed will also begin purchasing $40 billion in Treasury securities over 30 days starting December 12. At his post-meeting press conference, Fed Chair Jerome Powell stressed the current rate is near the upper end of the neutral range, and no officials currently project rate hikes. He noted upside inflation risks persist—largely tied to tariffs—and that inflation could ease back to the lower end of the Fed’s 2% target if tariffs are rolled back. On the labor market, Powell said recent data

**December 11 — The Gelephu Mindfulness City Authority (GMCA) has tapped Matrixdock, an RWA platform under Matrixport, as the core tokenization tech partner for TER, the upcoming gold-backed token.** Matrixdock will build the underlying tokenization framework for TER, leveraging its expertise in gold tokenization and institutional-grade RWA infrastructure to help GMCA create a verifiable, transparent, digitally native financial system. This partnership makes Matrixdock one of the world’s earliest tech providers to enter a **national-level RWA scenario**. The pilot of a sovereign gold stablecoin will not only lay the groundwork for Bhutan’s digital financial architecture but also likely serve as a reference for industry standardization. Against the backdrop of national RWA projects, such pilots will deeply impact market infrastructure standards, technical pathways, and governance models—providing a new source of "pricing system" for the entire industry. Matrixport CEO John Ge n

On December 11, Chinese crypto analyst Banmuxia noted in a post: "Bitcoin surged early this morning, though the move lacked sufficient magnitude. The rally from $80,500 now appears to be forming a rising wedge." Additionally, the $89,000-$90,000 range acts as a relatively strong support level. The analyst projects Bitcoin will trade between $103,500 and $112,500 over the next month, with the process likely remaining highly turbulent.

Dec 11 — A Reuters survey conducted Dec 2-9 shows the vast majority of economists expect the Bank of Japan (BOJ) to hike interest rates by 25 basis points to 0.75% at its December meeting, and to push lending costs to at least 1% by end-September next year. Earlier sources noted the BOJ is likely to deliver its first rate hike since January at the December gathering. Given inflation risks and the weak yen, Prime Minister Taro Kono’s government is expected to tolerate the move. Ninety percent of economists (63 out of 70) expect the BOJ to lift its short-term interest rate from 0.50% to 0.75% at next week’s meeting — a sharp jump from 53% in last month’s survey. Slightly more than two-thirds of respondents (37 out of 54) said rates will hit at least 1.00% by end-September next year. (Source: Golden Finance)