Scan to download
BTC $75,632.34 -0.74%
ETH $2,323.29 -1.75%
BNB $624.89 -1.44%
XRP $1.43 -0.84%
SOL $85.90 -1.09%
TRX $0.3341 +1.21%
DOGE $0.0947 -1.45%
ADA $0.2475 -1.54%
BCH $441.60 -1.14%
LINK $9.24 -1.72%
HYPE $43.39 -2.34%
AAVE $91.89 -18.75%
SUI $0.9526 -1.61%
XLM $0.1708 +0.07%
ZEC $323.91 -0.59%
BTC $75,632.34 -0.74%
ETH $2,323.29 -1.75%
BNB $624.89 -1.44%
XRP $1.43 -0.84%
SOL $85.90 -1.09%
TRX $0.3341 +1.21%
DOGE $0.0947 -1.45%
ADA $0.2475 -1.54%
BCH $441.60 -1.14%
LINK $9.24 -1.72%
HYPE $43.39 -2.34%
AAVE $91.89 -18.75%
SUI $0.9526 -1.61%
XLM $0.1708 +0.07%
ZEC $323.91 -0.59%

prove

Spark: The delisting of rsETH assets in January had caused strong dissatisfaction among ETH leveraged users, but it has now been proven to be a prudent strategy

The head of the Spark Protocol strategy, monetsupply.eth, posted on platform X stating that in January of this year, low-usage assets like rsETH were removed and collateral and functionality were continuously tightened. This move sparked strong dissatisfaction among "ETH leveraged" users at the time.Additionally, Spark has long set a high upper limit on interest rates in the ETH lending market, transferring some business and revenue to Aave over the past year (where its ETH borrowing rate once dropped to 10% or below). However, in the current market crisis environment, this strategy has proven to be more prudent. Currently, SparkLend still maintains sufficient ETH withdrawal liquidity, while Aave has experienced liquidity tightness and even "lock-up" situations in the Ethereum mainnet and multi-chain markets like Arbitrum and Base.monetsupply.eth further warned that since ETH is the core collateral asset, when market utilization reaches 100%, collateral liquidation will not be able to execute normally. The depletion of liquidity not only affects the depositor experience but may also pose systemic risks. In the current situation of insufficient liquidity in Aave, a 15%-20% drop in ETH prices could lead to significant bad debt accumulation (in addition to the potential impact of the rsETH incident).

The Japanese government cabinet has approved a bill to classify cryptocurrencies as financial products

The Japanese government has passed an amendment to the Financial Instruments and Exchange Act at a cabinet meeting. This amendment regulates cryptocurrency assets (virtual currencies) as financial instruments for the first time and prohibits insider trading and other activities based on undisclosed information. At the same time, it requires cryptocurrency issuers to disclose information annually to improve the healthy market environment. If this bill is passed in the current Diet session, it is expected to be implemented as early as the 2027 fiscal year.Previously, the Financial Services Agency of Japan primarily regulated cryptocurrencies based on their positioning as "means of payment" under the Funds Settlement Act. However, in recent years, the use of cryptocurrencies as investment tools has been increasing, leading to their inclusion in the regulatory framework of the Financial Instruments and Exchange Act. Additionally, the name of registered institutions will change from "cryptocurrency asset exchange operators" to "cryptocurrency asset trading operators."At the same time, the penalties will also be strengthened: for unregistered institutions engaged in sales, the maximum prison sentence will increase from 3 years to 10 years, and the fines will rise from the current maximum of 3 million yen to a maximum of 10 million yen. By increasing penalties, the stance on protecting investors will be further reinforced.

Rumble approved for a $20 million investment, Exodus reserves exceed $150 million, and Blueport Interactive continues to increase its investment

According to BBX data, during the weekend yesterday, several mid-sized listed companies globally took frequent actions in their anti-inflation and anti-censorship treasury strategies:$20 million positioning plan: Rumble (NASDAQ: $RUM) board approved a $20 million Bitcoin strategic allocation budget yesterday. As a streaming platform that emphasizes "freedom of speech," the company stated it will convert part of its idle cash into BTC, aiming to build a hard asset reserve pool for the creator economy that is not subject to interference from the traditional banking system.$150 million milestone: Exodus Movement (NYSE: $EXOD) updated its quarterly account data yesterday, confirming that the total amount of digital assets on its balance sheet (mainly BTC and its own stablecoin positions) has officially surpassed $150 million.$5 million allocation: Lan Kwai Fong Interactive (8267.HK) announced yesterday that it has utilized $5 million in cash reserves to continuously purchase Bitcoin and Ethereum over the past week (including the weekend), further solidifying its digital financial moat as a Hong Kong stock Web3 concept stock.50% crypto payment retention: Equinix (NASDAQ: $EQIX), a global data center giant, announced yesterday in an internal test that its European division's pilot of "B2B cryptocurrency payments" will retain 50% of the BTC and USDC received directly on the books, rather than converting the entire amount into fiat currency as it did in the past.100% retention rate over the weekend: Argo Blockchain (LSE: $ARB) disclosed that its mining facility in Texas achieved a 100% retention rate for hash power output throughout the entire weekend (including yesterday). Through power scheduling optimization, the company did not need to sell any new mining output during the low liquidity weekend period.
app_icon
ChainCatcher Building the Web3 world with innovations.