Overview of Important Developments on December 7th at Noon

1. IntoTheBlock: The market cap share of altcoins has slightly increased, indicating the arrival of altcoin season;

2. People's Court Daily: The act of stealing virtual currency constitutes theft and illegal acquisition of computer system data;

3. U.S. Financial Stability Oversight Council: Stablecoins still pose potential risks to financial stability;

4. BlackRock: Bitcoin can become a potential diversification investment tool;

5. Data: U.S. spot Bitcoin ETF saw a net inflow of $373 million yesterday;

6. Ethereum L2 TVL surpassed $60 billion yesterday, reaching a new all-time high;

7. RWA issuer Midas received a $5 million grant from the Oasis Foundation.