Zepz Launches SendWave Wallet, a Non-Custodial Wallet for Solana-based Stablecoin
On December 12, a senior executive from UK fintech Zepz announced at the Solana Breakpoint conference that the firm has launched the SendWave Wallet — a non-custodial wallet backed by Solana’s stablecoin infrastructure. Designed for cross-border remittances and financial services, the wallet currently serves 100 countries and regions, with collaboration support from partners Circle and Portal.
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Hong Kong Monetary Authority: Reminds the Public to Beware of Scam Activities Impersonating Its Official Website
On December 12, the Hong Kong Monetary Authority (HKMA) issued a statement warning the public about recent scams involving fake versions of its official website. These scams aim to steal users’ cryptocurrency or personal financial information.
As Hong Kong ramps up development of its virtual asset regulatory framework, scammers have stepped up attacks targeting crypto investors. HKMA is urging people to stay alert, only access information through official channels, and avoid losing assets.
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Fed FOMC Member Explains Opposition to Rate Cut: Inflation Risk Still Too High, Should Prudently Wait for More Information
December 12 – A Federal Reserve voting member on Wednesday detailed his dissent at this month’s interest rate meeting.
Chicago Fed President Evans said his dissent this week was to wait for more economic data to confirm whether tariff impacts on inflation are only temporary. Almost all businesses and consumers he has recently engaged with in his district cite prices as a top concern, so he favors a cautious approach to gather additional information. Evans still optimistically expects interest rates could fall “quite substantially” next year.
Kansas City Fed President George noted inflation remains too high, economic growth momentum stays strong, and while the labor market has cooled somewhat, it remains broadly balanced. She believes current monetary policy—even if restrictive—is only slightly so.
Philadelphia Fed President Purser (who will gain voting rights in 2026) said the labor market is “under pressure but not collapsing,” and monetary policy is somewhat restrictive, tho
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An Average Price of $24,500: A 400 BTC Whale Awakens, Deposits 200 BTC into Binance
On December 12, per Onchain Lens monitoring, a Bitcoin whale has reactivated after three years of dormancy—depositing 200 BTC into Binance, valued at approximately $18.46 million.
The address initially accumulated 400 BTC at an average price of ~$24,500, totaling $9.83 million at the time of purchase. It now holds a profit of over $27.03 million.
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Abra Launches Synth Asset Tokenization Platform AbraFi on Solana with Synthetic Dollar USDAF
December 12th — Bill Barhydt, CEO of crypto financial services firm Abra, announced at the Solana Breakpoint conference the launch of **AbraFi**: a synthetic asset tokenization platform built on Solana.
AbraFi will roll out to the public as a decentralized autonomous organization (DAO) — not owned by Abra Inc. Holders of its governance token, AFI, will receive the majority of the protocol’s revenue and hold governance rights.
The platform’s first product is **USDAF**, a synthetic dollar fully backed by assets including SOL, USDT, and USDC. USDAF includes delta hedging and is anchored via DeFi protocols; AbraFi will also launch **SDAF**, a staking version of USDAF.
AbraFi is currently in the midst of a seed funding round, with plans to officially launch around January 1. Additionally, Abra is exploring an initial public offering (IPO) in the first quarter of next year.
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