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He Yi: Binance has helped users recover more than $8 billion in mistakenly transferred cryptocurrency.

1 hours ago

Binance co-founder He Yi stated in a social media post that since 2021, Binance has helped users recover over $8 billion in mistakenly sent cryptocurrency transfers.

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Fed Chair Walsh: Claims that "I have a preferred inflation gauge" are incorrect.

Federal Reserve Chair Walsh said the claim that "I have a preferred inflation metric" is incorrect.

1 hours ago

JPMorgan: Stablecoin operations of Circle and Coinbase face margin pressure, leading the bank to lower their earnings forecasts.

According to Bloomberg, JPMorgan Chase & Co. has stated that the stablecoin operations of Circle Internet Group and Coinbase Global are facing growing profit pressure, noting that a new partnership with crypto trading platform Hyperliquid highlights the "prisoner's dilemma" the two leading firms are in. On Tuesday, the bank lowered its profit forecasts for the two crypto companies, explaining that the new collaboration has altered the revenue distribution structure—specifically, how proceeds from USDC, the world’s second-largest stablecoin issued by Circle, will be allocated across its distribution partners.

1 hours ago

SK Hynix ADR surges 22%

According to market data from BIT (bit.com), SK Hynix ADR rose 22% to trade at $185.9, hitting a new high since its U.S. listing, with an intraday market cap of $1.36 trillion.

1 hours ago

Walsh: Did not imply the Federal Reserve will not expand its balance sheet during crisis periods.

Fed Chair Walsh stated that June CPI exhibits a positive correlation with inflation expectations, and did not imply that the Federal Reserve would refrain from expanding its balance sheet during crisis periods.

1 hours ago

Noxa's official X account appears to have been hacked; users are advised to stay vigilant against risks.

According to monitoring by Onchain Lens, the official X account of Meme token launch platform Noxa has been reportedly hacked. Community users who interacted with links posted from the account have had their wallets emptied. Users are warned not to connect their wallets, sign any transactions, or engage with any links shared by this account.

1 hours ago

U.S. Commerce Department official: Regulatory measures related to chips and AI are set to be rolled out soon.

A senior official overseeing export controls at the U.S. Department of Commerce said regulatory measures concerning chips and AI are set to be rolled out soon. (Jinshi)

1 hours ago

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