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19:28

DWF Labs Responds to "Stablecoin USDF Temporary Depegging": Reserves Overcollateralization Ratio at 116%

BlockBeats News, July 8, DWF Labs Managing Partner Andrei Grachev responded to the "Stablecoin USDF Temporary Depegging" issue. The stablecoin USDF and BTC collateral ratio is approximately 89% (about $565 million), with altcoins accounting for about 11% ($67.5 million). The reserve overcollateraliz...

19:23

Kaito Founder Responds to Social Airdrop Controversy: Rules Highly Customizable, with the Final Solution Determined by the Project Based on Data

BlockBeats News, July 8th, Kaito founder Yu Hu this morning made the latest statement on Humanity's June 25th Kaito-related airdrop, explaining why some accounts, despite being active users (yappers) or stakers, did not receive the allocation. The participation requirements are as follows: all users...

19:07

BNB Chain Foundation Buys $25,000 Worth of JANITOR and XTER Each

BlockBeats News, July 8th, the BNB Chain official post stated that the BNB Chain Foundation wallet address completed a new round of asset purchases 1 hour ago, spending $25,000 to buy JANITOR and $25,000 to buy XTER.

19:07

Pundi AI Launches Data Pump to Empower Data Contributors to Share AI Ecosystem Value

BlockBeats News, July 8th, Data has become a core resource for driving generative AI and large language models, but data contributors have long been overlooked, failing to share the wealth created by data. To change this situation, Pundi AI has launched the Data Pump feature, transforming datasets i...

19:07

Hong Kong Stock Exchange (HKEX) and A-share Concept Stocks of Digital Currency Stablecoins See Significant Gains, with Golden Stream Investment Recording a 527.14% Increase

BlockBeats News, July 8th, according to market information, the Hong Kong and A-share markets closed today, with some of today's digital currency stablecoin concept stocks seeing significant gains, including:Jinyong Investment (01328.HK) surged by 527.14%, with a trading volume of 2.11 billion Hong ...

19:07

Remixpoint has announced that its CEO's salary will be fully paid in Bitcoin.

BlockBeats News, July 8th, according to an official announcement, the Japanese publicly listed company Remixpoint has announced that its CEO's salary will be fully paid in Bitcoin. Remixpoint stated that this is the first time a publicly listed Japanese company has attempted to pay its CEO's entire ...

19:07

WEEX contract goes live with PAL, APETH, CROSS, and AIN

BlockBeats News, on July 8, WEEX announced that the platform has now launched U-based contracts for Palio (PAL), America Party (APETH), CROSS (CROSS), and Infinity Ground (AIN), and has started limited-time zero-fee trading.

19:07

Pre-market: US Stock Surges in Pre-market Trading, Bit Digital Up by 14.66%

BlockBeats News, July 8th, according to market information, pre-market trading of crypto-related stocks in the US saw a general rise, including:Bit Digital Inc (BTBT) rose by 14.66%, after previously announcing the sale of BTC to increase its ETH holdings;Bitmine Immersion (BMNR) rose by 4.72%, afte...

ETH

19:07

Bonk Ecosystem Development Protocol's Graphite Token TVL Surpasses $1.2 Billion, Reaching an All-Time High

BlockBeats News, July 8th, according to GMGN data, the market cap of the Bonk ecosystem development protocol Graphite Protocol's token GP has surpassed $1.2 billion, reaching a historic high, currently at $1.11 billion, with a 24-hour price increase of 22.2% and a 24-hour trading volume of $13.4 mil...

19:07

Several institutions such as JD.com, Standard Chartered, Ant Group, and others are preparing for the Hong Kong stablecoin license, with the expected number of licenses to be issued in single digits.

BlockBeats News, July 8th, according to China's First Financial Daily report, the Hong Kong "Stablecoin Regulation" will take effect on August 1st this year, when the Hong Kong Monetary Authority will begin to accept license applications. Hong Kong stablecoin licenses are relatively rare and highly ...

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