News list for " title"
Ethena Labs posted an update saying, "The previously mentioned $30 million unrealized profit has been reduced to $10 million and we expect to reduce our unrealized profit exposure to Bybit to zero within the next hour. At present, the total amount of liquid stablecoins behind USDe is 2 billion US dollars, and users can redeem them immediately if they need them. All USDe redemptions are functioning normally. Our hearts are with Bybit and are ready to assist in any way possible. "
February 21 news, on February 21, He Yanchun, director of the Office of the Administrative Punishment Commission of the Securities Supervision Commission, said at the press conference "Strictly crack down on securities violations and crimes in accordance with the law and promote the healthy and stable development of capital markets" that manipulation cases have shown some new characteristics, including the evolution from traditional "sitting house" manipulation using capital advantages to short-...
According to Scam Sniffer, the newly issued tokens named "NUDEAI" and "MAGA" on the Base chain today are fraudulent tokens, and the publisher has left a backdoor in the "transferFrom", allowing it to transfer assets without the approval of the wallet owner. Base on-chain token NUDEAI, token contract 0xcb3... af3574; Base on-chain token MAGA, token contract 0xc20... 372901.
Citi GPS released a report, Finance 2030, which explores the future direction of the corporate finance function. A survey found that 93 per cent of corporate treasurers surveyed believe there will be significant changes to the corporate finance function in the next three to five years, but more than half are unsure how these changes will be. The report points out that artificial intelligence (AI) and distributed ledger technology (DLT) are...
Arthur Hayes, co-founder of BitMEX, has published a new article entitled "Black or White?" arguing that the incoming Trump administration may adopt a Chinese-like economic development model, which he calls "American capitalism with Chinese characteristics". Hayes expects the new administration to promote the return of manufacturing to the United States through massive fiscal stimulus and industrial policy, which will include tax incentives and subsidies for key industries and cheap financing thr...
The Bitcoin Policy Institute recently published a paper titled "The Case for Bitcoin as a Reserve Asset," which argues that central banks should adopt bitcoin as a reserve asset to hedge against rising inflation, geopolitical risks, capital controls, sovereign defaults, bank failures, and international sanctions imposed by the U.S. government. The author of the paper, economist Matthew Ferranti, believes that due to the weak correlation between decentralized assets and other financial instrument...
On October 12, Vice Minister of Finance Liao Min said at a press conference of the State Council Information Office on October 12 that relevant tax policies are being optimized and improved in a timely manner, and the value-added tax policy linking ordinary residential and non-ordinary residential standards is being studied and cancelled.
On October 4, Meta unveiled a set of artificial intelligence models called "Movie Gen", capable of generating realistic movies up to 16 seconds long, complete with sound effects and background music. Movie Gen is not the first multimodal AI model capable of generating video and audio from simple text prompts, but it appears to demonstrate state-of-the-art capabilities. The researchers responsible for developing the app claim it outperforms rival systems in human testing.
On September 13th, as the title sponsor of TOKEN2049, OKX Web3 will hold the "OKX Web3 Wallet Carnival and MemeCoin Summit" on the first day of TOKEN2049. The theme of this summit will focus on OKX Web3 wallet leading products, on-chain innovation and MemeCoin culture, and invite Polygon Labs co-founder Sandeep Nailwal, 1inch co-founder Sergej Kunz, and Monad Labs co-founder and CEO Keone Hon to participate, aiming to bring an evening of communication, entertainment and in-depth discussion of Me...
Luca Netz, CEO of the NFT project PudgyPenguins, published a long article titled "What is Consumer Crypto?", which states: "Based on consumption habits, consumer cryptocurrency adoption can be divided into three stages: Phase 1: discretionary spending; Phase 2: necessary spending; Phase 3: basic spending. Over the past 10 years, consumer adoption has been in the hands of those who have raised tens of billions of dollars to further promote...
