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04:08
Standard Chartered Group's pre-tax profit for Q4 is $814 million, estimated at $1.1 billion.
Standard Chartered Group's adjusted pre-tax profit for the fourth quarter was $1.24 billion, with an estimate of $1.38 billion. Standard Chartered Group's adjusted return on tangible equity for the fourth quarter was 9.6%. Standard Chartered Group announced a $1.5 billion share buyback.
04:08
Midday Key Developments on February 24
7:00-12:00 Keywords: Vitalik, Ethereum Foundation, WisdomTree, Qian Zhimin case 1. Framework plans to invest $45 million to acquire shares in Better.com 2. iShares applies to list a stakable Ethereum spot ETF ETHB 3. Since February 2, Vitalik has sold a total of $21.74 million worth of ETH 4. Ethereum Foundation establishes a DeFi team to advance the development of the DeFipunk protocol 5. The US SEC approves WisdomTree's exemption application for tokenized money market funds 6. Step Finance, SolanaFloor, and Remora Markets will cease all business operations 7. Caixin: The Qian Zhimin case involves cross-border claims by more than 10,000 people, with 60,000 bitcoins being pursued for recovery in the UK; registration deadline is May 22
04:07
BIP-110 sparks controversy in the Bitcoin community, with OGs such as Wang Chun and Jameson Lopp clearly opposing it
According to Odaily, the BIP-110 proposal has recently sparked huge controversy within the Bitcoin community, with several Bitcoin OGs including F2Pool co-founder Wang Chun, Casa co-founder Jameson Lopp, and Blockstream CEO Adam Back all clearly voicing their opposition. Wang Chun stated that the BIP-110 proposal is like “bundling a bunch of nonsense in the name of protecting children, and then forcing it on us as a whole.” Jameson Lopp also published a lengthy article stating that BIP-110 is reckless, irrational, and doomed to fail. Adam Back believes that BIP-110 could threaten Bitcoin’s immutability and its value as a store of value. Note from Odaily: BIP-110 is the latest improvement proposal put forward by the Bitcoin community, aiming to limit the size of non-monetary data (such as Ordinals inscriptions) in transactions through a soft fork, in order to alleviate the issue of “junk data” occupying block space.
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