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[Ethereum Network Stablecoin Supply Reaches Record High of $184.1 Billion] According to Token Terminal chart data, the stablecoin supply on the Ethereum network is approximately $184.1 billion, setting a new historical record.
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[Ethereum Network Stablecoin Supply Reaches Record High of $184.1 Billion] According to Token Terminal chart data, the stablecoin supply on the Ethereum network is approximately $184.1 billion, setting a new historical record.
[Binance Wallet Integrates Bubblemaps Analysis Feature to Optimize Blockchain Data Insights] Binance Wallet has now integrated Bubblemaps' blockchain analysis feature, aiming to provide users with deeper insights into token allocation data while assisting in identifying potential insider trading activities. This feature uses visualization analysis tools to help users better understand the flow of funds and token distribution within blockchain networks, thereby enhancing transparency and security.
[New Huo Technology Launches Virtual Asset OTC Trading Business in Hong Kong] Hong Kong-listed company New Huo Technology Holdings Limited has launched virtual asset over-the-counter (OTC) trading services for professional investors in Hong Kong in accordance with the 'Stablecoin Ordinance,' offering OTC trading services for tokens such as USDT and USDC. Article 9 of the 'Stablecoin Ordinance' stipulates that only 'licensed providers' holding a Type 1 license from the Hong Kong Securities and Futures Commission (SFC) are permitted to offer designated stablecoins. Public information shows that New Huo Asset Management (Hong Kong) Limited, a subsidiary of New Huo Technology, holds Type 1, 4, and 9 licenses.
[Hong Kong SFC Chairman: Will Study Digital Asset Treasury Guidelines and Issues of Listed Companies Investing in Bitcoin] Hong Kong Securities and Futures Commission (SFC) Chairman, Huang Tianyou, stated that currently, Hong Kong does not have regulations to oversee listed companies investing in cryptocurrencies. The SFC will continue to monitor market trends and plans to study and formulate guidelines for Digital Asset Treasury (DAT). Huang Tianyou emphasized that investors should carefully evaluate the actual value of listed companies claiming to adopt DAT. Additionally, the SFC will explore issues related to listed companies investing in Bitcoin to further enhance the market regulatory framework.
[BitGo Expands Custody Services to Canton Network] BitGo announced the addition of custody support for Canton Network, providing institutional clients with compliant custody services for Canton Coin (CC). The platform has become the first U.S. compliant custody institution to offer custody services for CC. Previously, the U.S. Securities and Exchange Commission (SEC) had approved BitGo, Ripple, and Coinbase as compliant custody institutions, and this service expansion follows that approval.
[200,000 ETH Withdrawn from CEX in the Last 48 Hours] In the past 48 hours, approximately 200,000 Ethereum (ETH) have been withdrawn from centralized exchanges (CEX), valued at around $780 million.