Summary: 1. Market data: BTC market dominance at 59.41%, Fear & Greed Index at 24. 2. Stablecoins saw massive inflows last week: From Dec 1-8, stablecoin inflows reached $2.579 billion, with $1.042 billion in USDT and $1.632 billion in USDC. Current total supply is $257.867 billion. 3. The CEO of Strategy stated that the company has no issues paying dividends, but rumors claiming the company cannot fulfill its dividend obligations have led to short selling of Bitcoin. 4. Uniswap's first new project, Aztec, has raised 19,379 ETH. 5. On Dec 7, Ethereum balances on centralized exchanges dropped to an all-time low. 6. [Explorations in crypto & social directions have mostly failed.] Farcaster's founder shared that over the past 4.5 years, Farcaster tried a "social-first" approach, but it didn’t work. The wallet business is growing, so Farcaster will double down on this direction. This means future features and product positioning will revolve around wallets. 7. Stable will launch its mainnet on Dec 8 at 9 PM Beijing time, with Gate and Bitget going live at the same time. No airdrop news yet.