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Lawyer: Pi Network or suspected of pyramid scheme crimes

Zhiheng Shanghai Lawyer Affairs Liu Zheng To Lawyer Post Analysis

According to an analysis by lawyer Liu Zhengyao of Zhiheng (Shanghai) Law Firm, after Pi Network is launched on the exchange to open the secondary market for trading, its promotion model may constitute a pyramid scheme crime as defined by Chinese criminal law. According to the analysis, Pi Network currently has no physical project support and uses an invitation system to form a hierarchical relationship. Invitees can obtain benefits such as mining acceleration by going offline. It is worth notin...

2025-02-13 16:02:52

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01:30 2025-03-19

Dubai Financial Services Authority Launches Tokenized Regulatory Sandbox

The Dubai Financial Services Authority (DFSA), the independent body responsible for the regulation of the Dubai International Financial Centre (DIFC), has announced that it is inviting businesses to apply to join its tokenization regulatory sandbox with a deadline of 24 April 2025. In an announcement dated 17 March, the DFSA table...

01:23 2025-03-19

US spot bitcoin ETF saw net inflows of $208.26 million yesterday

According to Trader T monitoring, the US spot bitcoin ETF had a net inflow of 208.26 million dollars yesterday.

01:22 2025-03-19

Tencent Music (01698.HK) opened 13.7% higher, and the annual report shows that the company achieved a net profit of 6.644 billion yuan in 2024, an increase of 35.04% year-on-year.

01:20 2025-03-19

China's central bank: today 295.90 billion yuan 7-day reverse repurchase operation, win the bidding interest rate of 1.50%, the same as before.

01:17 2025-03-19

Ronin announces expansion of DeFi business and plans to gradually transform the gaming chain into a consumer chain

Ronin announced the expansion of the DeFi business and plans to gradually transform the game chain into a consumer chain. Ronin said that its DeFi ecosystem will be designed according to three layers. The first layer provides infrastructure to support stablecoins, DEXs, and currency markets; the second layer plans to introduce strategies such as income opportunities, liquidity pledge derivatives, perpetual contract trading, and automated liquidity management; the third layer is DeFi dApp and sup...

01:17 2025-03-19

U.S. Middle East envoy Witkov: Discussions with Russia on the Ukraine conflict will be held in Jeddah, Saudi Arabia, on Sunday.

01:15 2025-03-19

The central parity rate of the RMB exchange rate in the interbank foreign exchange market on March 19, 2025

USD/RMB at 7.1697, down 36 points; EUR/RMB at 7.8633, up 194 points; HKD/RMB at 0.92278, down 4.5 points; GBP/RMB at 9.3448, up 153 points; AUD/RMB at 4.5760, down 140 points; CAD/RMB at 5.0308, down 0 points; JPY/RMB at 4.8189, down 5 points; RMB/Russian Ruble at 11.3248, down 2359 points; New Zealand Dollar/RMB at 4.1905, down 34 points; RMB/Ringgit at 0.61786, down 5.6 points; Swiss Franc/RMB at 8.1947, up 465 points; Singapore Dollar/RMB at 5.4023, down Adjust 26 points.

01:08 2025-03-19

Enso is now officially launched on the Sonic network

EVM trading aggregator Enso has announced that it is now officially live on the Sonic network. Enso Shortcuts is providing support to the Royco market for Sonic rewards. Sonic has launched Season 1 of Sonic Points, allocating a portion of its roughly 200 million S airdrops to its ecosystem. Royco makes it easy to earn and compare rewards, while Enso handles protocol integration and deposit operations behind the scenes.

01:07 2025-03-19

Daily Hong Kong Stock Market News Express (Wednesday, March 19)

Stock News 1. Xiaomi Group (01810.HK): The total revenue in 2024 was 365.906 billion yuan, a record high, an increase of 35.0% year-on-year; the net profit was 23.658 billion yuan, an increase of 35.38% year-on-year. 2. China Unicom (00762.HK): The revenue in 2024 was 389.60 billion yuan, an increase of 4.6% year-on-year; the net profit was 20.60 billion yuan, an increase of 10.1% year-on-year. 3. Shell-W (02423.HK): The total net income in 2024 was 93.457 billion yuan, an increase of 20.16% yea...

01:03 2025-03-19

JD.com grocery shopping renamed JD.com Qixian, JD.com instant retail layout or will be fully accelerated

March 19th news, recently, JD.com APP homepage self-operated second delivery area "JD.com shopping" entrance has been renamed "JD.com seven fresh". JD.com seven fresh responsible person confirmed the matter to reporters, but did not disclose more details. According to previous news, JD.com seven fresh has completed the integration with JD.com in October last year, and since then in the field of instant retail continue to up the ante, such as upgrading the "breakdown price", 10% cheaper than othe...

01:00 2025-03-19

In early trading, the main contracts of domestic futures rose and fell differently. Palm oil rose more than 1%, Shanghai gold and live pigs rose nearly 1%; in terms of decline, coking coal fell more than 2%, coke, alumina, iron ore, caustic soda, fuel oil fell more than 1%, rebar, Shanghai aluminum, Shanghai nickel...

00:55 2025-03-19

According to the latest brokerage pending order data, gold is concerned about 3038 and other resistance, silver is densely supported below, and there are two upside bets near the current price in Europe and the United States... Click to view the latest report

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