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Project Ensemble: Hong Kong adopts a new sandbox to achieve asset tokenization
Project Ensemble: Hong Kong adopts a new sandbox to achieve asset tokenization

In August 2024, the Hong Kong Monetary Authority officially held the launch ceremony for the Ensemble Sandbox project, aiming to...

币追 Bitrace·2025/09/04 16:23
Whales lose millions as Trump-linked WLFI dips 40% after 47M token burn
Whales lose millions as Trump-linked WLFI dips 40% after 47M token burn

Share link:In this post: The Trump-linked WLFI token plunges over 40% despite a 47M token burn, leaving major whale investors with millions in losses. High-profile traders, including Andrew Tate, suffered heavy liquidations while some wallets profit from shorting WLFI’s decline. The Trump family’s holdings remain valued near $5B, though ethical questions mount as the token faces sharp volatility.

Cryptopolitan·2025/09/04 16:05
Mega Matrix announces plans for Ethena reserve strategy
Mega Matrix announces plans for Ethena reserve strategy

Share link:In this post: Mega Matrix announced a special facility to seek up to $2B in financing. The company seeks to build treasuries for stablecoin issuer tokens, starting with Ethena (ENA). ENA remains attractive for its revenue-sharing, reflecting the success of ETH.

Cryptopolitan·2025/09/04 16:05
Trump’s DOJ subpoenas Fed board to testify against Lisa Cook and chair Powell
Trump’s DOJ subpoenas Fed board to testify against Lisa Cook and chair Powell

Share link:In this post: The DOJ subpoenaed Fed board members in a criminal case targeting Lisa Cook over alleged mortgage fraud. Trump wants her removed to gain a majority on the Fed board and has cited criminal referrals from Bill Pulte. Lisa is fighting back in court, denying all fraud claims and accusing Trump of fabricating charges for political gain.

Cryptopolitan·2025/09/04 16:05
Flash
03:20
Is the software stock sell-off just a minor panic? Arm CEO: The market has misunderstood the situation
Glonghui, February 5th|Arm CEO Rene Haas stated that concerns over "AI cannibalizing software company revenues," which triggered a stock market sell-off this week, are a minor panic and do not align with how enterprises are actually using these tools. He pointed out that, in terms of enterprise-level AI deployment, the market is still far from where it should be. Programming is not the most influential application scenario, and he believes people may be misunderstanding many different things. On Tuesday, Nvidia CEO Jensen Huang also said that selling off software company stocks out of fear of disruptive AI technology is completely unreasonable. Software products are tools, and AI will use these tools rather than reinvent them.
03:19
Analyst: Bitcoin’s Decline Continues Due to Macroeconomic Pressure and Leveraged Liquidations
Jinse Finance reported that in the past 24 hours, bitcoin accounted for over 40% of approximately $650 million in crypto asset liquidations, highlighting pressure in the derivatives market. Some analysts noted that as bitcoin underperforms traditional inflation hedges such as gold, long-term holders are reducing their positions. Market participants generally believe there is still room for further downside, with several pointing out that if the correction phase continues, bitcoin may test the $60,000 mark.
03:19
Major Bank Ratings | Citi: Maintains "Buy" rating for ZTO Express, slightly positive view on issuance of convertible bonds
Glonghui, February 5th|Citi released a report stating that ZTO Express plans to issue $1.5 billion in convertible preferred notes while simultaneously repurchasing shares. As there is still a $700 million share repurchase quota remaining until September 2025, the company may restart its repurchase plan when it announces its upcoming results. The bank believes that low interest rates and reasonable premiums can fully offset the potential dilution impact, and holds a slightly positive view on the issuance of convertible notes. In addition, ZTO Express announced its preliminary 2025 results, with parcel volume growing by 13.3%, in line with the bank’s expectations. Revenue is expected to be between 48.5 billion and 50 billion yuan, and gross profit between 12.15 billion and 12.55 billion yuan, with both medians roughly meeting the bank and market expectations. The bank maintains a "Buy" rating on ZTO Express’s US shares, with a target price of $22.6.
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