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Ethereum is not perfect, but it is the optimal solution.
At least four Chinese-funded financial institutions and their branches, including Guotai Junan International, have withdrawn from applying for a Hong Kong stablecoin license or have suspended related attempts in the RWA sector.
All primary market participants will have on-chain redemption rights, allowing them to burn $FT at any time and redeem up to the equivalent value of their original principal.
All primary market participants will have on-chain redemption rights, allowing them to burn $FT at any time and redeem up to the equivalent of the original principal.
Aiming to address the challenges of on-chain liquidity.
- 01:41Data: Huang Licheng's HYPE and ETH long positions opened yesterday were partially liquidated again, with losses exceeding $410,000.According to ChainCatcher, as monitored by Onchain Lens, Huang Licheng suffered a major liquidation yesterday and reopened long positions in HYPE (10x leverage) and ETH (25x leverage). Today, he experienced another partial liquidation, losing $411,406, with an unrealized loss of $221,000, bringing the total loss to approximately $13 million.
- 01:17Data: Whale 7 Siblings has accumulated purchases of $13 million worth of ETH since yesterday's declineChainCatcher news, on-chain analyst Yu Jin monitored that the whale "7 Siblings," who often buys the dip in ETH after major declines, has continued to purchase ETH with 8 million USDC. Since the drop yesterday, a total of 13 million USDC has been spent to acquire 3,484.6 ETH at an average price of $3,731.
- 01:17Lighter will announce the compensation plan for LLP holders tomorrow.ChainCatcher reported that Lighter tweeted that LLP performed poorly in the 24 hours ending at 4 p.m. Eastern Time, ranking third from the bottom in historical returns (-5.35%), and also recorded the lowest absolute profit and loss. A detailed analysis will be released tomorrow, including how LLP holders will be compensated. LLP's historical Sharpe ratio is 5.59, and the expected annual interest rate is 48.4%.