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- 12:05Stablecoin Protocol Falcon Finance TVL Surpasses $260 MillionAccording to Odaily Planet Daily, official data shows that the stablecoin protocol Falcon Finance, launched by Andrei Grachev, has surpassed $260 million in TVL, currently reported at $260.86 million. The APY for its staked version token sUSDF is currently reported at 11.45%. Its stablecoin USDF is now listed on CEX, and Falcon Finance has also integrated the WLFI stablecoin USD1. Previously, it was reported that DWF Labs partner Andrei Grachev stated that Falcon Finance will have its own rewards program and governance token.
- 12:04A whale shorting 115,000 SOL closes position before liquidation, losing $1.05 millionAccording to a report by Jinse Finance, monitored by on-chain analyst Ember, a certain whale who shorted 115,000 SOL (approximately $20.13 million) closed their position before liquidation, incurring a loss of $1.05 million (-86%). As the price of SOL continued to rise, approaching this whale's liquidation price, they closed their short position of 115,000 SOL (approximately $20.13 million) at a price of $175 before the liquidation price.
- 12:03Federal Reserve's Kugler: U.S. Labor Market Stable, Nearing Maximum EmploymentAccording to a report by Jinse Finance, citing Jinsan Data, Federal Reserve Governor Kugler stated on Friday local time that the U.S. labor market is stable. Judging from the current 4.2% unemployment rate and a series of other indicators, it is likely close to the Federal Reserve's goal of maximizing employment. Kugler's speech to the Central Bank of Iceland did not address the economic outlook or monetary policy. Earlier this week, the Federal Reserve kept interest rates in the range of 4.25%-4.50%. Federal Reserve Chairman Powell indicated that although President Trump's tariffs might increase unemployment and inflation rates, these trends are not evident in the data, allowing the Federal Reserve to wait and see how the economic situation develops before taking any action.