ubi

According to Jinshi reports, Mitsubishi UFJ has lowered its forecast for the number of rate cuts by the Federal Reserve this year, expecting the first rate cut to take place in April.

Web3 asset data platform RootData published a daily transparency alert on Twitter (X), raising concerns about the financing information of projects such as MBD Financials, Geeq, Waterfall Network, Synthesys, and Rubix. It calls on project teams to submit/update information on RootData to improve their transparency scores. Additionally, RootData stated that it will continue to monitor and expose "black box" projects that lack core information.It is reported that the RootData transparency score is used to measure the integrity and timeliness of projects, aiming to reflect the information disclosure status of the projects. The transparency score is divided into 5 levels from A to F, with lower scores indicating that the project's information disclosure is less complete and the risk of wrongdoing is higher, requiring investors to exercise heightened caution.

According to Jinshi News, analysts at MUFG Bank have pointed out that the dollar will face further declines this year as the Federal Reserve's rate cuts may exceed market expectations. Federal Reserve Chairman Powell stated that since April, the monthly job additions may have been overestimated by 6,000. Analysts claim that the U.S. is actually losing jobs, and under the current tight monetary policy, improvements will be very rare. MUFG expects that by the fourth quarter of 2026, the euro to dollar exchange rate will rise from the current 1.169 to 1.24.

According to official news, Gate will officially launch the limited-time YuBiBao USDT financial management event from January 6, 16:00 to January 20, 16:00 (UTC+8). During the event, users who complete registration can receive a 2% annualized USDT interest coupon. New users who purchase the 3-day fixed-term USDT financial management can enjoy a 100% annualized return. In addition, the event will also launch a 30-day fixed-term USDT financial management product with an annualized return of 2.5%. Users who complete specified tasks during the event can unlock additional rewards step by step, with the highest reward being a whole box of Feitian Moutai. Spots are limited and available on a first-come, first-served basis.

NVIDIA (NVDA.O) announced that the highly anticipated new "Rubin" data center product will be launched this year, allowing customers to trial the technology and accelerate the development of artificial intelligence. NVIDIA stated that six Rubin chips have been delivered from manufacturing partners and have passed several key tests, indicating that customer deployments are progressing as planned. The newly launched Rubin accelerator improves training performance by 3.5 times compared to the previous generation Blackwell, and speeds up the running of AI software by 5 times.The company emphasized that the operating costs of Rubin-based systems will be lower than those of Blackwell-based systems, as they achieve the same results with fewer components. It is reported that Microsoft and other large remote computing service providers will be the first to adopt this new hardware in the second half of this year. (Jin Shi)

Mitsubishi UFJ analyst Lee Hardman stated in a report that the dollar is expected to record its worst annual performance since 2017 and face further weakness next year. The dollar index is projected to decline by 9.3% this year. Its declines this year and in 2017 coincided with the early period of President Trump's term.Hardman pointed out that the dollar regained some ground in 2018, rising by 4.4%, but a similar recovery is unlikely in the coming year. He believes that "as the Federal Reserve continues to cut interest rates, while other G10 central banks have ended their easing cycles, the yield spread between U.S. Treasuries and those of other major economies will continue to narrow." (Jin Shi)

Ubisoft's online service for "Rainbow Six: Siege" has been suspended due to a hacker intrusion, with the hacker distributing 2 billion in-game tokens, R6, to each player after the breach.Ubisoft previously sold 15,000 R6 for $99.99, meaning players would need to spend approximately $13.3 million to acquire 2 billion R6, which can be used to purchase rare items such as skins and weapons. The "Rainbow Six: Siege" team announced that they are working to revoke the abnormal distribution of in-game R6 tokens and have already begun the rollback process.

According to Jinshi News, Derek Halpenny, head of foreign exchange research at MUFG, pointed out that the US dollar may continue to depreciate in 2026, but the decline will be more moderate than this year. He emphasized that the dollar has peaked and is at the beginning of a multi-year downtrend. The dollar index is expected to drop by about 5% in 2026, a forecast that aligns with the outlook for the euro to rise to 1.24 against the dollar. The main factor driving the dollar's weakness is the divergence in monetary policy: the Federal Reserve is expected to implement three to four rate cuts in 2026, while the European Central Bank may keep rates unchanged.

According to Jinshi, the U.S. November employment report will be released later today, with Asian currencies showing mixed performance in the morning.Michael Wan, a foreign exchange analyst at MUFG, stated that if the November non-farm payroll data is disappointing and the unemployment rate rises, this will strengthen the Fed's dovish stance and may accelerate the sell-off of the dollar until the end of the year. Given the recent U.S. government shutdown, there may be issues with data quality, and the market should prepare for fluctuations in interest rates and foreign exchange.

Mitsubishi UFJ stated that the Federal Reserve voted 9 to 3 to lower interest rates by 25 basis points, acknowledging that the labor market is gradually cooling down, and Powell also emphasized the significant downside risks facing the labor market.Regarding inflation, the Federal Reserve pointed out that if no new tariffs are imposed, goods inflation may peak in the first quarter of 2026, but the risks of persistent inflation still exist. Powell signaled that rate hikes are not a baseline expectation, and there are divergences among FOMC members between maintaining rates and cutting rates.The latest released median dot plot shows that the Federal Reserve will only cut rates once in 2026, a stance that is clearly more hawkish than the market's expectation of about 55 basis points (or slightly more than two rate cuts). Powell also emphasized that the Federal Reserve is currently "in a favorable position" to patiently observe the development of the U.S. economic situation.Looking ahead, the policy outlook for the second half of next year may become complicated due to changes in the Federal Reserve leadership, increasing market uncertainty. (Jin Shi)

According to the official announcement, Huobi HTX will launch the "USDD Limited-Time Benefit Third Edition" special event from November 21, 18:00 to December 1, 18:00 (UTC+8). During the event, users who complete the event registration, activate the USDD Yield Treasure, and switch their U-based contract accounts to the joint margin mode can enjoy multiple benefits, sharing a prize pool of $50,000 and receiving interest rate coupons for the Yield Treasure and other gifts.The event includes:Users who register and activate the USDD Yield Treasure will receive USDD Yield Treasure interest rate coupons when their cumulative contract trading volume reaches the specified threshold, with a maximum interest rate increase of 10% and no limit on the principal for interest rate increases;Registered users who use USDD as margin for contract trading for the first time, with a trading volume of no less than 100 USDT, will receive a reward equivalent to $2 in $HTX;Users who conduct contract trading using the joint margin mode, with a USDD balance in their U-based contract account ≥100 USDD during the event period, and a cumulative contract trading volume ≥10,000 USDT, can participate in the leaderboard competition and share rewards based on trading volume rankings.

According to Jinshi reports, Mitsubishi UFJ analyst Derek Halpern stated that if the upcoming Nvidia earnings report triggers further declines in the U.S. stock market, the dollar may weaken. He pointed out that the dollar is currently positively correlated with the stock market, and concerns about the potential impact of declines in technology/AI sector stocks on the overall economy have resurfaced. Furthermore, a further drop in the stock market would increase the likelihood of the Federal Reserve taking an "insurance-style" rate cut in December. The market will then focus on the U.S. non-farm payroll data for September, which will determine the dollar's trajectory before the end of the year.

The Bubi Foundation announced its lead investment in the Real World Assets (RWA) tokenization project PTR and established a strategic partnership with the asset confirmation protocol RPT to jointly promote the scalable compliance of RWA on-chain in the Singapore and Indonesia markets.The core advantages of the PTR project include an asset confirmation model compatible with regulatory frameworks, scalable standards supporting various types of cross-border assets, and a risk control system aimed at traditional institutions. The solution addresses pain points such as the difficulty of on-chaining multinational assets and the lack of transparency in custody, emphasizing the feasibility of engineering.The Bubi Foundation stated that this investment is based on PTR's comprehensive capabilities in compliance, scalability, and risk control, aligning with its strategy for long-term value in RWA.

According to Jin10, Lloyd Chan, a senior currency analyst at Mitsubishi UFJ's Singapore branch, stated that the agreement to end the government shutdown could trigger a significant market reaction, primarily reflected in reduced data uncertainty and boosted investor sentiment. The recent rebound in the U.S. stock market appears to be driven by a technical recovery and market optimism regarding the imminent end of the government shutdown.

ChainCatcher news, the decentralized physical oracle project Nubila officially announced its token economic model. The total supply of the platform's native token $NB is 1 billion, with the specific allocation as follows:Device Mining Pool: 21% (210 million), 5% unlocked at TGE, with the remaining portion released linearly over 60 months;Node Mining Pool: 20% (200 million), 5% unlocked at TGE, with the remaining portion released linearly over 60 months;Pre-Seed Round: 6.25% (62.5 million), 12 months lock-up period, then released linearly over 36 months;Seed Round: 8% (80 million), 12 months lock-up period, then released linearly over 24 months;POS Incentives: 6.5% (65 million), 25% unlocked at TGE, with the remaining portion released linearly over 5 years;Foundation and Treasury: 6.5% (65 million), 40% unlocked at TGE, with the remaining portion released linearly over 12 months;Team: 12% (120 million), 12 months lock-up period, then released linearly over 36 months;Advisors: 2% (20 million), 12 months lock-up period, then released linearly over 36 months;Liquidity and Market Making: 2.25% (22.5 million), fully unlocked at TGE;Community Airdrop: 7.5% (75 million), 25% unlocked at TGE, another 25% unlocked after T+3 months, and the remaining released after T+6 months;Exchange Airdrop and Marketing: 8% (80 million), fully unlocked at TGE.The official stated that $NB is the core asset of the Nubila ecosystem, used for data access, device and node incentives, staking validation, governance voting, and payments for developer tools and APIs.

ChainCatcher news, according to Jinshi reports, Mitsubishi UFJ analyst Lee Hardman stated in a report that after Federal Reserve Chairman Powell weakened market expectations for further rate cuts, the rebound of the dollar is unlikely to last. Although the Federal Reserve lowered interest rates by 25 basis points as expected on Wednesday, Powell indicated that a rate cut in December is "far from a done deal." Mitsubishi UFJ still expects the Federal Reserve to cut rates again in December, provided that the labor market remains weak before the end of the year and that the U.S. government shutdown can be resolved.