Bitcoin is up .5% at $40,468
Ethereum is up 1% at $2,905
and Binance Coin is up .5% at $405

Senator Cynthia Lummis wants the federal reserve holding bitcoin

Sequoia capital is launching a $500M+ crypto fund

PeckShield flags hackers moving ether from AscendEX breach.

UAE set to license virtual asset providers by the end of Q1

Fireblocks has acquired crypto payments processor First DAG

Links:

• UAE Readies National Cryptocurrency Licensing in Push to Embrace Fintech - Bloomberg
• PeckShield on Twitter
• Sequoia earmarks $500mn for push into cryptocurrency markets | Financial Times
• Cynthia Lummis. Full Crypto Webinar - YouTube
• Fireblocks acquires First DAG in cash-and-stock deal

Bitcoin is up slightly at $49,725
Ethereum is down slightly at $4,043
and Binance Coin is down slightly at $566

Render token up 29%

AscendEX was exploited for 78M

IMF is advocating for a coordinated crypto policy

UK neobank Monzo raising $500M.

Links:

• Monzo raises more than $500m from investors at $4.5bn valuation - FinTech Futures
• AscendEX on Twitter: "22:00 UTC 12/11, We have detected a number of ERC-20, BSC, and Polygon tokens transferred from our hot wallet. Cold Wallet is NOT affected. Investigation underway. If any user’s funds are affected by the incident, they will be covered completely by AscendEX." / Twitter
• ECB's Lagarde calls for regulating Bitcoin's "funny business" | Reuters