Seoul police report false Flare Network staking website steals $8.5 million in XRP

Binance founder CZ stated at a sharing session in Hong Kong that the traditional securities market has high barriers to cross-border investment, and most company stocks are only available to domestic investors, making it difficult for investors to open accounts across borders. CZ pointed out that most countries, except for the United States and China, lack strong stock exchanges. The daily trading volume of the Philippine Stock Exchange is only $50 million, equivalent to the daily trading volume of a trader in New York. Enterprises need to seek listing in Hong Kong and other places, and blockchain technology can enable global transactions.

According to foreign media reports, DeepSeek plans to raise $7.4 billion for research and development as well as computing infrastructure, raising the company's valuation to $74 billion and generating annual recurring revenue of $500 million. Existing shareholders such as Lixi Capital, Shixiang Capital, and CATL will inject new funds, and the company will allow more investors to invest directly. Previously, it was reported that investors including Tencent had valued DeepSeek at over $50 billion.

According to the GMGN market, influenced by the news that "Big Brother Ma Ji" plans to acquire Friend.tech for $1 million, the market value of FRIEND briefly hit $7.38 million, and the current market value is $6.48 million, an increase of more than 20 times within the day.

Vice Governor of the Bank of Japan, Ryozo Kaneno, stated that the Bank of Japan will consider scenarios and risks such as the Middle East conflict, demand for artificial intelligence, and foreign exchange impact to determine the pace and timing of future interest rate hikes.

[Connecticut Sues Kalshi, Demands Cease of Operations] According to Kalshi litigation head Jovy Dedaj, the state of Connecticut has filed a lawsuit against the prediction market platform Kalshi, demanding it immediately cease operations within the state. However, the state has not taken equivalent action against other prediction markets still operating locally. Jovy Dedaj believes this situation highlights inconsistencies in state-level enforcement and raises jurisdictional disputes between state-level gambling regulations and the federal regulatory framework.