18:43 2025-04-02
Allianz Chief Economist: The Federal Reserve is expected to cut interest rates once in 2025Allianz chief adviser El Erian expects the Fed to cut interest rates only once this year, in stark contrast to what the market and the Fed expect. The market has fully priced in expectations of at least two rate cuts in 2025, and there is likely to be a third cut. Overall, they expect a rate cut of around 70 basis points this year, with the first 25 basis points cut in July. Meanwhile, the Fed's latest dot plot calls for only two rate cuts. Erian said the Fed is "essentially dovish...
18:31 2025-04-02
Onlyfans founder and crypto foundation have submitted late-stage bids to acquire TikTokZoop, the new company of Onlyfans founder Tim Stokely, has partnered with a crypto foundation to submit a late-stage bid for TikTok. Zoop and the Hbar Foundation, which manages Hedera's network funding, are understood to have expressed their interest in bidding to the White House this week.
It was previously reported that e-commerce giant Amazon will bid for TikTok in the United States, and the company made a last-minute bid for TikTok.
17:49 2025-04-02
He Yi: Binance is not suitable for making an announcement without understanding this legal disputeHe Yi replied to the dispute on the X platform: "Binance is not suitable for making an announcement without understanding this legal dispute. If users come to ask, Binance's standard reply is: it is still contacting the project party for investigation, waiting for the other party to reply.
I previously told employees that my judgment is based on confidence in Binance's risk control on stablecoins, not on news from project parties.
The world is a grass-roots team, not so many conspiracy theories....
17:22 2025-04-02
Justin Sun: When he says First Digital Trust is bankrupt, he is stating a factJustin Sun posted again on social media that he was stating that First Digital Trust (FDT) had gone bankrupt and was stating a fact, without any emotion. If you have any relationship with them, please cut it off as soon as possible to protect your assets. As for the consequences of its founder Vincent Chok's fraud, it will be up to the judicial system and regulators to decide.
Note: Vincent Chok, founder and CEO of First Digital Trust (FDT), is responding to questions in the AMA, and has provide...
17:19 2025-04-02
Lookonchain: Wintermute may profit over $3 million after FDUSD resumes anchoringLookonchain monitoring data shows that FDUSD was briefly decoupled to $0.8726 due to bankruptcy news. After the decoupling event, Wintermute withdrew 31.36 million FDUSD from Binance. If it was bought at a price near the bottom of $0.90, the institution may profit more than 3 million dollars after FDUSD resumed anchoring.
Note: FDUSD is a dollar stablecoin with a theoretical anchor price of $1.
17:13 2025-04-02
CoinList returns to the US market, launching a DoubleZero token saleAs the Trump administration unleashes friendly policies towards the cryptocurrency industry, CoinList returns to the United States after five years and opens a 2Z token sale for the DoubleZero Foundation, which is the first time since 2019 that qualified investors in the United States can participate. DoubleZero is positioned as the next generation of distributed system infrastructure. This sale is only open to five blockchain validators such as Solana, and US buyers need to lock in for one year...
17:04 2025-04-02
FDUSD released an audit report in February: reserve assets exceeded 100%, supporting 1:1 exchangeAccording to the report previously independently audited by Prescient Assurance LLC, as of 21:00 ET on February 28, 2025 (9:00 HKT on March 1, 2025)
FDUSD in circulation: 2,041,924,819.94, FDUSD corresponding to total reserve assets: 2,051,348,188.70 US dollars, the composition of its reserve assets includes:
(1) Total holdings of U.S. Treasury Bills: $1,733,452,142.60 (approximately 84.5%);
(2) Overnight Reverse Repo Agreements: USD 33,000,000.00 (approximately 1.6%);
(3) time deposits (Fixed D...