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- 00:24A whale accumulates $2.89 million worth of HYPE through a newly created addressAccording to Jinse Finance, monitored by Lookonchain, a whale has created a new wallet 0xb0a0 and deposited 4 million USDC into Hyperliquid to purchase HYPE. So far, he has bought 58,778 HYPE (worth 2.89 million US dollars).
- 2025/10/04 23:05US House Republicans Plan to Stay Out of Town During Federal Government "Shutdown"Jinse Finance reported that on October 4 local time, Republican members of the U.S. House of Representatives held a conference call. During the meeting, the Republican leadership informed lawmakers that they plan not to return to Washington during the federal government "shutdown." Currently, the U.S. government is in a "shutdown" due to a budget deadlock, and both the Democratic and Republican parties continue to blame each other for the responsibility of the appropriations bill. (Golden Ten Data)
- 2025/10/04 22:32Stripe CEO: Stablecoins Will Force Banks to Offer Competitive Deposit Interest Rates to UsersJinse Finance reported that Stripe CEO Patrick Collison stated that with the rise of yield-bearing stablecoin options, stablecoins will force banks to offer competitive interest rates to their customers. Collison pointed out that the average savings interest rates for deposits by customers in the United States and Europe are both well below 1%, which creates conditions for stablecoins to disrupt the market. He wrote: Savers will and should receive capital returns close to market levels. Some lobbying groups are currently pushing for further restrictions on any form of rewards associated with stablecoin deposits in the "post-GENIUS era." The commercial purpose behind this is clear—low-interest deposits are certainly beneficial, but in my view, such disrespect for consumers is self-defeating.