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According to a Form S-3 registration statement filed with the Securities Exchange Commission (SEC), MicroStrategy has filed a hybrid securities registration application with the potential proceeds intended to be used to purchase additional bitcoin and for general corporate purposes.
Identity verification blockchain firm Humanity Protocol announced Monday that it has reached a fully diluted valuation of $1.10 billion after raising $20 million in a funding round co-led by Pantera Capital and Jump Crypto. The company is building a system that will use palm scans to verify that online accounts belong to real users. The company plans to use the funds to launch its product more widely in the coming months. Humanity Protocol is also about to launch its own crypto token, with its f...
Spanish law enforcement has teamed up with blockchain firms Tron, Tether and TRM Labs to freeze $26.40 million cryptocurrency linked to a pan-European money laundering operation. The operation is in partnership with the T3 Financial Crimes Unit, an anti-crime initiative launched by three blockchain companies in August 2024. The investigation relies on police surveillance to identify criminal organizations. Its crypto wallets are linked to illegal activities, using "KYC" data from service provide...
On January 27th, the general offices of the Ministry of Commerce and other six departments issued a notice on doing a good job in the "renewal" of home improvement kitchens and bathrooms in 2025. The notice proposes that all localities should focus on green, intelligent, and suitable for the elderly. The subsidy categories are mainly five categories of decoration materials, sanitary ware, furniture lighting, smart home, and home senior-friendly transformation products. The specific categories wi...
On January 27th, Austrian crypto unicorn Bitpanda received a MiCA license from the German Federal Financial Supervisory Authority (BaFin), becoming the second crypto asset service provider (CASP) to be granted this license. The license is effective immediately, allowing Bitpanda to operate in the 27 member states of the European Union. Bitpanda CEO Eric Demuth stressed that the European Union needs to learn from the US experience and strengthen MiCA regulatory enforcement to prevent non-complian...
On January 27th, in 2024, our country's service trade achieved rapid growth, and the scale reached a new record high. The total value of service imports and exports for the year was 7.5238 trillion yuan, an increase of 14.4% year-on-year. Among them, exports 3.17556 trillion yuan, an increase of 18.2%; imports 4.34824 trillion yuan, an increase of 11.8%; service trade deficit 1.17268 trillion yuan, a decrease of 31.43 billion yuan over the previous year.
On January 27, the head of the Department of Service and Trade of the Ministry of Commerce said that since 2024, travel services have continued to maintain rapid growth. The annual import and export reached 2.05115 trillion yuan, an increase of 38.1%, making it the largest area of service trade. Among them, exports increased by 156.8% and imports increased by 29.3%.
Entendre Finance, a Web3 accounting solution, announced the completion of a $4 million seed round led by Basis Set, with Valhalla, Caffeinated, Moonpay, Alumni, MDig and Alpine participating. Valuation information has not been disclosed. Entendre provides an artificial intelligence-powered automated double-entry accounting solution that records the entry of any blockchain transaction, accelerating Web3 adoption by automating on-chain financial operations and reducing operating costs.
Hang Seng Bank has jointly launched a number of blockchain-related proof-of-concept projects and solutions with members of the Cyberport community. According to Li Wenlong, Director of Strategy and Corporate Development and Director of the Chief Executive Officer's Office, Hang Seng Bank has completed several blockchain proof-of-concept projects, including the development of the Central Bank Digital Currency (CBDC) application research, identity verification education information station, commun...
Class A shares bank plate intraday continued to be active, Industrial and Commercial Bank of China, Bank of China rose more than 2%, Qilu Bank intraday rose nearly 5%, Jiangsu Bank rose nearly 2% continued to hit a record high, Hua Xia Bank, Shanghai Rural Commercial Bank, Qingdao Bank, Shanghai Pudong Development Bank and so on up.
On January 27th, Shanshan shares announced that the relevant creditors of Shanshan Group Co., Ltd. have submitted an application to the people's court for the reorganization of Shanshan Group. The relevant person in charge of Shanshan Group told reporters that the reorganization is an effective way to resolve risks in a market-oriented and rule-of-law manner. Shanshan Group is confident and determined to respond actively under the guidance and assistance of governments at all levels and Financia...
On January 27, Deepseek became the No. 1 APPStore in Apple's US region, surpassing ChatGPT. DeepSeek has recently performed well. With a low-price strategy of 0.1 yuan per million tokens and excellent performance, DeepSeek has attracted the attention of tech giants including Meta. The company was founded by Magic Quantitative in July 2023 and is known as the "Pinduoduo" in the industry.
Hong Kong stocks opened, the Hang Seng Index rose 0.26%, the index rose 1.05%; Internet stocks led, Baidu (09888.HK) rose 3%, Xiaomi Group (01810.HK), Ctrip Group (09961.HK), Zhongsheng Holdings (00881.HK), Alibaba (09988.HK) rose 2%.
Class A shares opened, the Shanghai Composite Index rose 0.12%, the Shenzhen Composite Index rose 0.07%, and the growth enterprises market index fell 0.13%.
Class A shares of Yalian machinery joint stock company opened at 65 yuan, IPO price of 19.08 yuan.
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