02:07 2025-06-20
Economic Observer: CNH stablecoin refers to the pilot experience of RMB business or will be advanced in three stagesThe Economic Observer published an article "How the Hong Kong Experiment of Offshore RMB Stablecoin Broke", which pointed out that the Hong Kong Stablecoin Ordinance is scheduled to be implemented in August or indicates that the experiment of offshore RMB (CNH) stablecoin is approaching. Referring to the experience of RMB business pilot in 2003, the implementation of CNH stablecoin can be advanced in three stages:
First, the sandbox experiment (2025-2026): a pilot issue of CNH stablecoins by Chi...
01:33 2025-06-20
Sei Network has been selected as a WYST candidate blockchain by the Wyoming Stable Token CouncilThe Sei Network, a Layer 1 blockchain project, said in a post on the X platform that it has been selected as a candidate blockchain for WYST by the Wyoming Stable Token Council. WYST is a stablecoin launched by the state and will be deployed using LayerZero. The testnet has been launched. At this stage, the supported blockchains include Avalanche, Solana, Ethereum, Arbitrum, Base, Optimism and Polygon. This selection means that Sei Network will develop into a "currency blockchain".
01:20 2025-06-20
50,000 tokens have been repurchased since the launch of AAVE token repurchase, with an average purchase price of $199.74On June 20th, according to data disclosed by GLC Research, it has been two months since Aave DAO started AAVE token repurchase and fee conversion, and the agreement has always adhered to its plan to repurchase $1 million per week. As of today, Aave DAO has repurchased 50,000 AAVs, with a total cost of $10 million and an average purchase price of $199.74. At the current market price of $264, this fund reserve is now worth about $13 million.
Aave DAO is expected to continue its $1 million per week...
00:45 2025-06-20
European Union launches compliance investigation into X platformThe European Union Commission said on Thursday it was seeking more information from Musk's X platform about changes to its corporate structure, after artificial intelligence company xAI completed its acquisition of X for $33 billion. A spokesperson for the European Union stressed: We are closely monitoring changes in the corporate structure of the X platform, as we do with other designated platforms.
In July last year, the European Union initially found that the X platform had "deceptive design"...
00:32 2025-06-20
BCH breaks through $500The market shows that BCH has exceeded $500 and is now quoted at $495.86, an increase of 8.4% in 24 hours. The market fluctuates greatly. Please do a good job in risk control.