Binance Labs changed its name to YZi Labs while expanding its investment focus to include Web3, AI, and biotech. CZ is actively involved in investment activities, providing direct mentoring and training to founders; while Ella Zhang returns as head of YZi Labs to lead the next phase of growth and innovation.
On January 10, Dong Ximiao, chief researcher of China Merchants Finance, said that the People's Bank of China announced the suspension of treasury bond purchases, which will help balance the supply and demand relationship in the treasury bond market. Treasury bond purchases are an important way for the People's Bank of China to release liquidity, but the suspension of treasury bond purchases does not mean that market liquidity is tightened. It is expected that in the next step, the People's Bank...
According to JPMorgan analysts, the European Union's landmark Crypto Asset Market (MiCA) regulation, which comes into effect on December 30, 2024, could boost the market share of euro-pegged stablecoins. Currently, euro-pegged stablecoins account for only 0.12% of the stablecoin market share, but MiCA could improve the situation by encouraging European Banks and Financial Institutions Groups to adopt euro stablecoins for customer demand and blockchain-based financial settlements, JPMorgan analys...
According to Scam Sniffer, scammers' means are no longer limited to cryptocurrency KOLs. They are now targeting the legitimate project community with seemingly innocuous invitations. Their new promotional terms: "No need to sign anything or connect your wallet...", "Join now to get real-time updates...". Fake bot accounts to watch out for have been identified: OfficiaISafeguardRobot, SafeguardsAuthenticationBot....
MicroStrategy attracted growing attention today by buying $2.10 billion in bitcoin while selling a mix of equities and fixed income securities to fund the rapidly increasing buying. It was the fifth consecutive Monday that the company announced a purchase of digital assets. Co-founder and chairperson Michael Saylor decided that the small business software maker needed to embark on a...
Does the overnight rebound in oil prices mean that the bulls are sounding the horn of counterattack? Analysts say it is not to be taken lightly, and the major resistance above may still limit the rise in oil prices. A suitable trading strategy in the near future is... > >
Coinbase has withdrawn its pre-application to enter the Turkish crypto market, while QNB Digital Assets, a unit of Turkey's QNB Bank, has also withdrawn its application. Earlier, Turkey's capital markets commission (SPK) said that since the August 9 regulatory update, the number of companies applying for crypto licenses has increased from 47 to 76, including new companies such as Coinbase, KuCoin, and Gate.io.
According to sources, OpenAI is using chips from AMD (AMD. O) and is also using chips from NVIDIA (NVDA. O). OpenAI has booked TSMC's capacity in 2026. Broadcom (AVGO. O) and OpenAI are developing an artificial intelligence reasoning chip.
The Federal Reserve's Kashkari said that the increase in the U.S. budget deficit means that marginal interest rates will rise.
The overnight CPI and initial request data exceeded expectations at the same time, and the labor market was sluggish, but the Federal Reserve seemed to have someone floating? Under the expectation that the euro zone economy is biased towards weakness, investment banks believe that the pace of interest rate cuts may need to be accelerated.
On October 10, the Ministry of Justice and the National Development and Reform Commission: handling cases should strictly distinguish between economic disputes and economic crimes; production and business activities that do not violate the provisions of the Criminal Law will not be punished as a crime; for criminal cases with unclear facts and insufficient evidence, the case shall be dismissed according to law, not prosecuted or acquitted. It is forbidden to use administrative or criminal means ...
Israeli representative to the United Nations: Israel prefers to resolve the Lebanese issue through diplomatic channels. If diplomatic efforts fail, Israel will use all available means.
Bankless founder David Hoffman said in a post on X that, in a sense, the rollup-centric roadmap has been "completed", and progress has been made so far, including the launch of 4844, DA, and inexpensive L2. In the future, the primary optimization focus is L1. Vitalik Buterin responded: "I don't think it's a priority issue. The next step for DA is peerdas, from...
On September 20, Foreign Ministry Spokesperson Mao Ning presided over a regular press conference. CCTV reporter asked questions, we noticed that the website of the Ministry of Foreign Affairs has just released the consensus document reached by China and Japan on the issue of nuclear pollution water discharge from the Fukushima Daiichi Nuclear Power Plant. Please brief the speaker on the relevant situation. Mao Ning pointed out that the consensus document reached by China and Japan does not mean ...
US Senator Warren said that the Federal Reserve's interest rate cut action means that Federal Reserve Chairperson Powell has waited too long on easing issues; the Federal Reserve needs to continue to cut interest rates.