Viewpoint: Currently, none of the four major regulatory agencies in Hong Kong have the authority to manage Web3 companies to assist clients in handling entrusted assets through trusts
trust institution is involved in a $500 million fraud case, and cryptocurrency tycoon Justin Sun believes it is a problem with the Hong Kong system. Hong Kong Legislative Council member Chen Zhenying explained that trusts in the mainland mainly invest in financial products or manage finances through banks, but in Hong Kong, trust companies assist clients in handling entrusted assets. Business involving Mandatory Provident Fund is managed by the MPF Authority, insurance matters are overseen by the Insurance Authority, and investments are regulated by the Securities and Futures Commission. If in the form of a company, the assets are entrusted to a trust company, meaning that none of the four major regulatory bodies have authority over it. Investors are urged to carefully investigate the background of companies.
2025-04-03 14:03:43
Binance Wallet will list StakeStone TGE
according to the official announcement, Binance Wallet will launch StakeStone TGE. The investment time is from 08:00 to 08:30 in the morning of April 3rd (UTC).
2025-04-03 14:03:42
CZ shares his investment experience in his new book: focus on fundamentals, long-term bets, and investing in founders with a sense of mission
CZ shared his investment experience at X:
2025-04-03 14:03:41
Royal Bank of Canada: Meta Platforms price target lowered from $800 to $740
Royal Bank of Canada: lowered the target price of Meta Platforms (META.O) from $800 to $740.
2025-04-03 14:03:39
Binance Launches Spot Block Matching Solution for Large Transactions
Binance officially launched the Spot Block Matching service on April 1st. This solution supports large traders to negotiate trades directly bypassing the exchange order book, with features such as reducing market impact, lowering slippage, and ensuring trade confidentiality. Users need to access this feature through the VIP portal, and the main account needs to complete whitelist certification to use it.
2025-04-03 14:03:36
US spot Ethereum ETF had a net outflow of $51.3 million yesterday
according to data monitored by Farside Investors, the net outflow of the US spot Ethereum ETF was $51.3 million yesterday.
2025-04-03 13:03:38
First Digital: The first batch of redemptions after FUD has been processed, and redemption requests will continue to be processed in a timely manner
the issuer of FDUSD, First Digital, stated that the initial few redemptions after FUD have been processed. FDUSD is still fully supported at a 1:1 ratio, its redemption channel is running smoothly, and it will continue to promptly process all redemption requests.
2025-04-03 13:03:36
Russia may allow seized BTC to be converted into state revenue
the head of the Federal Bailiff Service (FSSP) of the Russian Federation stated that a new mechanism has been developed to support the conversion of bitcoins seized in criminal cases into national financial revenue. This mechanism is based on the precedent of the bribery case of former investigator Marat Tambiev, in which approximately 1,032 BTC were successfully seized and transferred to the Ministry of Finance. It is expected that some of the assets will be sold to replenish the treasury.
2025-04-03 13:03:35
A whale sold 68.76 billion PEPE in exchange for 271.33 ETH, making a profit of $427,000
according to OnchainLens monitoring, a whale sold 687.6 billion PEPE after holding it for 2 years and making a profit of $427,000, in exchange for 271.33 ETH (worth $509,500). The whale accumulated these PEPE from Kucoin at a price of $82,000, but could have made a profit of $1.79 million if sold at its peak price.
2025-04-03 12:17:44
A whale has bought a total of 16,415 ETH since February last year, with a floating loss of more than 13 million US dollars
according to Lookonchain monitoring, 11 hours ago, a whale withdrew another 2,774 ETH (5.27 million USD) from Binance.
2025-04-03 12:17:43
U.S. House Financial Services Committee votes to advance a key bill to regulate stablecoins
House Financial Services Committee voted on Wednesday to advance an important bill regulating stablecoins. The bill, named "Stablecoin Transparency and Accountability for a Better Ledger Economy," was approved by the committee with a vote of 32 in favor and 17 against on Wednesday.
2025-04-03 12:17:41
UBS believes full implementation of tariffs will push US inflation to 5%
analyst Eamonn Sheridan stated that UBS previously estimated that if the proposed tariffs were fully implemented, as import costs seep into consumer prices, the inflation rate in the United States could rise to around 5%. The analyst believes that if the Federal Reserve sees this increase as "temporary", they will cut interest rates out of growth fears.
2025-04-03 12:17:40
European Commission President von der Leyen: US tariffs are a major blow to the world economy
European Commission President Von der Leyen: US tariffs are a major blow to the world economy, tariffs will harm consumers around the world, and will be felt immediately, inflation will rise.
2025-04-03 12:17:39
A list of important developments at noon on April 3
7:00-12:00 Keywords: Canada, Federal Reserve, TIKTOK US
2025-04-03 12:17:37
The US dollar index DXY fell back below 103 for the first time since October last year
the US Dollar Index DXY fell below 103 for the first time since October last year, dropping 0.70% intraday. (Jinshi)
2025-04-03 12:17:35
The Melania team removed 10 million MELANIA unilateral liquidity from Meteora
On April 3rd, according to Solscan data, the team address used by Melania to add one-sided liquidity: 3XKsce... pt6uKu removed 10 million MELANIA one-sided liquidity from Meteora at 11:31 UTC+8 today, now worth about $5.7 million.
2025-04-03 12:17:34
US spot Bitcoin ETFs saw a net inflow of $218.1 million yesterday
according to data monitored by Farside Investors, the net inflow of the US spot Bitcoin ETF was $218.1 million yesterday.
2025-04-03 12:17:32
Japanese listed gaming company Enish announces purchase of 100 million yen worth of Bitcoin
according to CoinPost, Enish, a Japanese game company listed on the Tokyo Stock Exchange, announced on April 1 that it had completed a strategic purchase of Bitcoin worth 100 million yen (approximately 660,000 US dollars). The Bitcoin acquisition is aimed at deepening the understanding of blockchain technology and strengthening the technical capabilities of game development. Enish stated that it positions cryptocurrency investment as an important part of its financial strategy, aiming to achieve financial asset diversification and also expecting profit opportunities from the liquidity, market stability, and future price increase of Bitcoin.
2025-04-03 11:04:32
A whale released its pledge and deposited 71,448 SOLs into Binance, worth $8.54 million
According to Lookonchain monitoring, 20 minutes ago, a whale released the pledge and deposited 71,448 SOL (worth $8.54 million) into Binance. The whale still has 568,000 SOL (worth $68 million) in pledge.
2025-04-03 11:04:31
W breaks through $0.083, up 10.5% in 24 hours
market shows that W has broken through $0.083, now priced at $0.08246, with a 24-hour increase of 10.5%. The market fluctuates greatly, please be prepared for risk control.
2025-04-03 11:04:29