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Upbit, a major South Korean cryptocurrency exchange, has updated its trading warning list by including the SPURS project. This move aims to alert users to potential trading risks and enhance platform security and compliance. Investors should monitor asset developments closely.
Read MoreLiquid Capital founder Yi Lihua shares his investment approach, emphasizing focus on primary investments and secondary trading. He admits limited bandwidth, details a past market-making exit due to unfavorable terms, and dismisses rumors of being an all-capable project operator.
Read MoreAsset manager Exchange Traded Concepts, overseeing $21.7B, has significantly increased its stake in MicroStrategy (MSTR), holding over 262,000 shares worth ~$37.5M. This move highlights growing institutional interest in gaining Bitcoin exposure through corporate treasuries.
Read MoreBinance is set to launch three new USDT-margined perpetual contracts on April 16th, tracking the stocks of Microsoft, Broadcom, and Alibaba. This expansion diversifies its US equity derivatives offerings, providing global traders with enhanced tools for exposure and risk management in the tech and consumer sectors.
Read MoreChina's Cyberspace Administration has intensified efforts to clean up the online financial information environment, launching targeted actions against misleading content and违规 practices to safeguard a healthy digital ecosystem and protect public interests.
Read MoreIran's Foreign Ministry holds the US and Israel accountable for the assassination of an Iranian official, labeling it a war crime and crime against humanity, urging international action.
Read MoreJPMorgan analysis indicates the U.S. CLARITY Act negotiations are in their final stages, with core disputes narrowed from over a dozen to just 2-3 key issues, including stablecoin yields and DeFi oversight. While election risks could cause delays, bipartisan compromise is emerging. Passage would provide crucial regulatory clarity, delineate SEC/CFTC powers, and establish a long-term framework for digital assets.
Read MoreSouth Korean internet giant Naver has announced a share swap agreement with a leading blockchain platform operator, aiming to spin off Naver Financial for an IPO. A joint committee will prepare for the listing, targeting completion within five years, potentially on Nasdaq, to deepen collaboration in digital finance.
Read MoreSouth Korean exchange Bithumb has added GRACY, SPURS, ZTX, WIKEN, and FITFI to its trading watchlist for enhanced market oversight. A follow-up notice regarding potential support adjustments is scheduled for the third week of July, highlighting the platform's focus on compliance and risk management.
Read MoreLeading Korean digital asset exchange Upbit has officially announced the removal of the NAP/BTC trading pair effective May 18, 2023. This strategic adjustment aligns with the platform's ongoing efforts to optimize trading offerings and enhance user experience. Traders are advised to manage their assets accordingly prior to the implementation date.
Read MoreSoftBank Group issued 10-year dollar bonds at a record-high 8.5% coupon rate, raising significant capital. This move highlights market concerns over its aggressive AI investment strategy, with funds partly used to repay bridge loans, revealing financing pressures in a high-rate environment.
Read MoreA senior Iranian military advisor asserts Iran will not compromise due to maritime blockade, firmly defending Hormuz Strait sovereignty. Iran is fully prepared for a protracted conflict, noting the US lacks capacity for sustained warfare despite attempting a "police" role. Iran will not yield until its rights are secured.
Read MoreA leading global crypto exchange will suspend deposit and withdrawal services for Highstreet (HIGH) and Resolv (RESOLV) tokens on the BSC network in late April. The move supports network upgrades, and users are advised to manage assets accordingly.
Read MoreIran's Ambassador to Pakistan stated on the 16th that Islamabad is the sole designated venue for negotiations between Iran and the United States. This announcement underscores Pakistan's potential role as a key diplomatic mediator in facilitating dialogue and easing regional tensions.
Read MorePakistan's Foreign Ministry confirms that the US and Iran have shown willingness to engage in direct talks, with the diplomatic process ongoing. This development offers a potential path to ease regional tensions, facilitated by Pakistan's mediation efforts.
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