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first_img Energy developer FSE signed a memorandum with Loaf to plan a blockchain project for over 500 million dollars in photovoltaic energy

Energy developer Fusion Source Energy (FSE) and its partners have signed a memorandum of understanding with the on-chain physical asset platform Loaf to promote the issuance of over $500 million in Australian photovoltaic and battery projects on-chain, covering more than 1,000 hectares, led by the over 200 megawatt Project Amber. According to the memorandum, the funds raised are expected to accelerate project development and expand Amber's battery capacity.Amber is a utility-scale photovoltaic park that will deploy over 200 megawatts of photovoltaic and multi-hour battery storage on-site, with an expected annual power generation sufficient to meet the electricity needs of over 70,000 households, or equivalent to the electricity demand of a 50 megawatt data center. The project pipeline also includes battery storage assets below 5 megawatts and distributed energy resources, which are modular assets closer to the electricity end, capable of forming diversified energy revenue across multiple sites in Australia.FSE CEO Weiwei Shi stated that Amber is one of the largest hybrid on-site projects in the Southern Hemisphere, which have traditionally only been open to a few institutional investors. Loaf can expand the investor base without adding extra friction and provide continuous, transparent pricing for the assets.Loaf stated that Project Amber will become a key asset in its ecosystem. As the project matures and begins trading, users will be able to go long or short and use these assets within the on-chain financial ecosystem. Loaf will participate in the on-chain trading and issuance of physical assets, allowing users to access the economic upside and returns of related infrastructure assets.

first_img Galaxy: Polymarket 69.2% retail account loss

Galaxy Research released a report titled "The Behavior of Polymarket Traders," with data compiled by Stork, based on approximately 2.9 million retail accounts defined by trading frequency on the Polymarket international platform. The report states that since its launch in 2020, the platform has facilitated 1.27 billion orders, involving 3.07 million wallets, with a nominal amount of 82.8 billion USD. 125,429 accounts that placed more than 50 orders on active days were excluded, accounting for 4.1% of accounts but contributing 80.8% of orders and 41% of nominal trading volume.The report shows that 69.2% of retail accounts are below breakeven, with total losses of 338.9 million USD. The median retail account lost about 3 USD, with half of the accounts falling between -36.64 USD and +0.40 USD. The proportion of accounts that did not trade again within 30 days after a loss is 15.2%, while after a profit it is 6.1%. The excluded automated accounts collectively made a profit of 246.8 million USD. The median position for profit-makers is 13.96 USD, while for loss-makers it is 10 USD.44.1% of traders concentrated over 60% of their activity on a single theme. Sports specialists account for 47% of all specialists, with a profit ratio of 25.1%, the lowest among all themes; technology and science specialists have a profit ratio of 41.2%. The report covers the entire history of the international platform and mentions that the platform will introduce taker fees in early 2026. At a price point of 50 cents, crypto market takers pay 1.75 USD for a position of 100 shares or 50 USD, accounting for approximately 3.5% of the invested capital.

first_img Coinbase obtains ADGM license to build a tokenized securities hub

The cryptocurrency exchange platform Coinbase has obtained a Financial Services License (FSP) issued by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This license allows it to arrange investment transactions and provide custody for tokenized securities. Coinbase describes this license as the regulatory foundation for its international tokenization hub and the first of its two major non-U.S. institutional businesses established in the UAE, the other being its derivatives business in Dubai.According to the scope of the license, the FSP covers the arrangement and custody of tokenized stocks fully backed by underlying shares. Holders of digital securities can gain economic exposure such as dividends, while voting rights and redemption rights are subject to the conditions outlined in each prospectus. Coinbase states that investors only need a crypto wallet to trade, and secondary transfers do not require a brokerage account or banking relationship, but redeeming profits for fiat currency still requires a bank or brokerage account.Brett Tejpaul, Co-President of Coinbase Institutional: Currently, there is no major financial center that has established a framework that simultaneously regards tokenized stocks as securities, blockchain-native tokens, and composable DeFi assets. Arvind Ramamurthy, Chief Market Development Officer of ADGM, stated that the Coinbase hub reflects the center's progressive, robust, and internationally aligned regulatory framework. The FSRA issued its first virtual asset rules in 2018, which include protective measures such as sanctions screening and the ability to freeze or seize assets at the wallet level. ADGM applies English common law, and the FSRA's authority differs from that of the UAE Securities and Commodities Authority; registered entities do not automatically obtain a passport in other Gulf Cooperation Council jurisdictions.
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