ZachXBT reports that the POLYMATH UMA CTF adapter contract may be exploited on Polygon. （BWEnews）

According to Xinhua News Agency, the China Securities Regulatory Commission announced that, Tiger Brokers（NZ）Limited、 Futu Securities International (Hong Kong) Limited and Changqiao Securities (Hong Kong) Limited intend to confiscate all illegal gains of their domestic and foreign entities and impose penalties in accordance with the law for violating relevant laws and regulations in illegal cross-border business operations.

A spokesperson for the China Securities Regulatory Commission (CSRC) stated that unauthorized overseas securities, futures, and fund institutions solicit customers through domestic affiliates and provide overseas stock account opening and trading services through websites and applications, seriously disrupting the order of China's financial market and damaging the legitimate rights and interests of investors.

According to on chain analyst Yu Jin's monitoring, the giant whale nemorino.eth cleared 8424 ETH at a price of $2124 an hour ago, losing $2.25 million. It previously borrowed stablecoin leverage from Spark to buy ETH during the ETH rebound, with an average cost of $2391. After clearing the warehouse, it paid off the loan and deposited the remaining 11.71 million USDC back into Spark.

According to Finncefeeds, Anchorpoint Financial, OSL Group, and PantherTrade have completed the first end-to-end transaction of Hong Kong's first approved stablecoin HKDAP on Ethereum. This stablecoin is regulated by the Hong Kong Monetary Authority, and Standard Chartered Bank provides custody and trust services. In the transaction, participants convert Hong Kong dollars into reserve assets, mint digital balances on the chain, and exchange them back into fiat currency through a redemption agreement. HKDAP plans to be publicly issued in stages by the end of the second quarter of this year.