Arbitrum DAO announced that the community has approved the allocation of 35 million ARBs to various stable assets with a total investment value of approximately $15.50 million. The funds come from the project's Stable Treasury Endowment Program (STEP), which previously allocated 35 million ARBs to investments in six products in June 2024. It is understood that STEP is a plan to invest 1% of Arbitrum DAO funds in tokenized RWA, with the aim of diversifying DAO funds while leveraging industry grow...
President-elect Trump: A national emergency will be declared at our southern border, all illegal entry will be stopped, and the "stay in Mexico" policy will be restored.
President-elect Trump: A national energy emergency will also be declared today, as the inflation crisis is caused by massive overspending and rising energy prices.
Syrian rebels have declared a curfew in Damascus from 4 p.m. to 5 a.m. local time.
The State Department called South Korean President Yoon Seok-hyuk's declaration of "emergency martial law" a serious miscalculation.
On December 4th, South Korean President Yoon Seok-yuk announced in a live broadcast at the presidential office in Yongsan, Seoul early this morning (December 4th) that he decided to accept the request of the National Assembly and lift martial law. This is just over 6 hours after he announced the imposition of martial law on the evening of December 3rd.
Delaware judge Mary Ellen Norika has announced the termination of further legal proceedings in the gun case of Hunter Biden, the son of President Biden, on the grounds that Biden, who is about to leave the presidency, signed a pardon for Hunter. It is reported that Biden issued a comprehensive pardon against Hunter Biden on the 1st, protecting his son from prosecution for "all crimes committed or likely to be committed" between January 1, 2014 and December 1, 2024. However, unlike the request of...
South Korean-related assets slumped after the country's president declared martial law, raising concerns among investors about political instability and unrest. The iShares MSCI Korea ETF fell 5.1 percent in U.S. markets, its biggest one-day drop since Aug. 5. The Korean won fell to its lowest level against the dollar in more than two years. Shares in London-listed Samsung Electronics fell 5 percent. Arup Chatterjee, a strategist at Wells Fargo in New York, said domestic uncertainty in South Kor...
According to Lookonchain, the cryptocurrency market plummeted after South Korea declared "martial law". Many whales moved large amounts of USDT to Upbit, possibly for bottom fishing. Within an hour of declaring "martial law", more than 163 million USDT flowed into Upbit.
On November 19th, US President-elect Donald Trump may declare a state of emergency in the United States after taking office to crack down on illegal immigration. Tom Fitton, a conservative commentator in the United States, said in a post that "the incoming Trump is ready to declare a national emergency and will use military means to deport illegal immigrants." Trump retweeted on his "Truth Social" platform and responded, "That's right!" Trump transition team spokeswoman Karoline Leavitt said Tru...
The California Department of Financial Protection and Innovation (DFPI) has announced the permanent revocation of the lending license of bankrupt cryptocurrency lending platform BlockFi. The decision comes two years after BlockFi filed for bankruptcy. The DFPI suspended BlockFi's license in November 2022 and has since conducted a comprehensive review of the company. BlockFi has agreed to accept license revocation and promised to stop illegal and unsafe business practices. The DFPI originally fin...
The Federal Reserve has yet to declare victory in its fight against inflation, but policymakers have shifted some of their attention to the biggest jobs component of its dual mandate. "The October non-farm payroll data will be an important confirmation or repudiation of September's strength, but may not be enough to shift market attention back to the risk of a US recession," Citi economist Veronica Clark said in a recent note. However, the October data will reflect ongoing...
Balance, a Canadian crypto custodian, has announced that it has been qualified as a custodian. So far, crypto ETF assets issued by Canadian ETF providers 3iQ, Purpose Investments and Evolve have been held by companies such as Coinbase and Gemini under sub-custodian arrangements in the United States.
On October 23, Buenos Aires, the capital of Argentina, announced the implementation of blockchain and zero-knowledge encryption technology for the issuance of digital identities. According to local media reports, the government disclosed on October 21 that it has integrated the decentralized identity solution Quark ID into its miBA digital platform, which is used by the city to access government services and documents. Since October 1, more than 3.6 million miBA active users have received a dece...
Federal Reserve Barkin: Inflation fell significantly, but could not declare victory.