NVIDIA's pre-market decline widens to 6.4% in US stocks.

Two wallets, possibly belonging to the same whale, spent $9.08M to buy 4,312 $ETH at an average price of $2,106.

According to Bloomberg, the New York Stock Exchange will settle tokenized stocks on the Avalanche blockchain.

According to an official announcement from Galxe, the Web3 identity and engagement platform has revealed it is integrating its team and brand into Gravity to accelerate the development and adoption of Gravity L1. Over the past five years, Galxe has served 36 million users and supported more than 7,700 partner projects via campaigns, credentials, and loyalty programs. As part of the integration, Galxe will shut down Galxe Quest, Galxe ID, Galxe Passport, and related services. Gravity will continue to operate as normal, and no adjustments will be made to the G token during this transition. Effective immediately, Spaces can no longer create new campaigns; new Galxe+ and Galxe Score subscriptions, as well as Galxe Passport minting, have been suspended. December 5 marks the final day to participate in campaigns, after which no active campaigns will run. On December 15, the campaign reward claim portal will close, and the entire Galxe website will switch to read-only mode. The official reminds users to claim all unclaimed campaign rewards before December 15. The platform also confirmed user assets remain secure, including Smart Savings balances, unstaked G tokens, and G tokens held in Gravity Alpha mainnet wallets. These assets will follow separate claim processes and timelines, with specific details and operational guidelines to be released in a subsequent announcement on Galxe’s official X account.

According to HTX market data, AVAX surged more than 5% in a short period following news that Bloomberg reported the New York Stock Exchange will settle tokenized stocks on the Avalanche blockchain, and is now trading at $8.47.

According to Lookonchain's monitoring, two wallets (likely belonging to the same whale) spent $9.08 million to purchase 4,312 ETH at an average price of $2,106.

According to announcements from the official website of China’s State Internet Information Office (SIIO) and relevant Q&A for the newly launched "Internet New Technologies and New Applications Information Service Filing System", the SIIO-built system officially launched on the same day. It supports integrated filing for new technologies and applications including generative artificial intelligence, algorithms, deep synthesis, and blockchain, with the website at https://beian.cac.gov.cn. The original "Internet Information Service Algorithm Filing System" and "Blockchain Information Service Filing Management System" were simultaneously discontinued. The "Summary of Common Questions and Answers on Blockchain Information Service Filing" released via the system on the same day clarifies that service names must accurately reflect their actual purpose, be concise and specific, must not exaggerate or fabricate the scope of use, and must not include terms such as "virtual currency", "exchange", or "ICO". The Q&A also lists five scenarios that will affect blockchain information service filing applications: 1. Involving business content such as virtual currency issuance, trading, or ICO; 2. Blockchain information service servers deployed overseas; 3. Failure to complete ICP filing as required; 4. Submitted materials being unclear or inconsistent with filled-in information; 5. The provided service not falling within the scope of blockchain information service filing. Separately, the Q&A notes that operators providing BaaS-related services such as underlying blockchain, nodes, and evidence storage to the public must also complete filing procedures.