币安：今日15:00新一期空投申领门槛为180 Alpha积分

According to Arkham's monitoring data, about four minutes ago, a whale transferred 2.531 million CRVs worth $2.58 million to Binance. Five months ago, the whale received approximately 2.69 million CRVs worth $1.36 million at the time. If sold this time, it will make a profit of $1.31 million, with a return on investment of 96%.

Hong Kong Financial Development Council Chairman Hong Pizheng stated that stablecoins should not be used as short-term speculative tools, but rather as a long-term battle, with the key being to promote the digitization of payment infrastructure and asset markets. Hong Kong will officially implement a stablecoin regulatory system on August 1st, providing a clear compliance framework that will help attract global institutions to conduct issuance, custody, and trading businesses in Hong Kong. Hong Kong does not intend to compete with the US dollar stablecoin, but rather focuses on consolidating its strategic positioning in financial technology infrastructure. (Hong Kong Economic Times)

According to Golden Finance, US President Trump signed the stablecoin regulation bill on the 18th, which is the first stablecoin legislation at the federal level in the United States. However, the development of stablecoins carries hidden risks and how they will reshape the financial ecosystem has attracted attention. The Financial Times of the UK stated that the cross-border flow of funds in stablecoins is anonymous, making it difficult for regulatory agencies to effectively track the flow of funds and accurately count the size of funds. This provides an opportunity for illegal financial activities such as money laundering, greatly increasing the difficulty of regulation. In countries and regions with weak financial systems, the widespread use of stablecoins will inevitably have a strong impact on the local financial system. Once a stablecoin crisis occurs, it is highly likely to trigger a chain of market trust crises, leading to the outbreak of run risks.

In the past 12 hours, large transactions showed a net outflow of $30.64 million from the main funds, of which the total amount sold was as high as $47.05 million, with a buy to sell ratio of 1:2.87, showing a clear short selling trend. Especially with two consecutive large market price sell orders exceeding $5.9 million at 16:40 on the 20th, the price was directly suppressed to below $118000. Combining with the latest K-line pattern, a cross star has appeared, and the market direction is brewing a reversal. The current price is below the EMA24/52 moving average, and with large transaction data, the downward trend may continue further. Want to capture the main trend in the first time? By opening a membership, you can track every large transaction of over $500000 and accurately grasp market turning points! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

According to a report by Golden Finance, Sumit Gupta, co-founder of the Indian cryptocurrency exchange CoinDCX, who was exposed by "on chain detective" ZachXBT yesterday for being hacked, reiterated in a post on the X platform that customer funds are safe and all user assets are stored in isolated cold wallets. The incident is limited to a single operable liquidity provider account, and transactions and withdrawals are proceeding normally. CoinDCX is working with law enforcement agencies to recover stolen funds and is about to launch a recovery bounty program.