Hong Hao: On chain stocks help improve the efficiency of global asset price discovery and reduce market vulnerability
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Economist Hong Hao stated at a Binance private meeting that financial innovations such as on chain stocks can help improve the efficiency of global asset price discovery and reduce market fragility.
According to on chain analyst Ai Yi's monitoring, the address 0x604... 0b21d shorted $45.17 million BTC from 08.24 to 08.25, resulting in a loss of $831000 before leaving. This address opened a 12 fold order of 554.71 BTC worth $43.72 million, making it the eighth largest position in Hyperliquid BTC. The opening price was $80141, with a current floating loss of $748000.
According to Onchain Lens monitoring, BlackRock's affiliated ETF wallet has increased its holdings of 3620 BTC and 125300 ETH from Coinbase Prime in the past 10 hours.
According to on chain analyst Ai Yi's monitoring, the Hack VC associated address (0x2a5... 590CF) transferred 21.85 million ENAs to the Wintermute recharge address 4 hours ago, involving an amount of 3 million US dollars, with the current price of ENA being 0.1478 US dollars.
[BDACS Partners with Devall Company to Build Stablecoin Cross-Border Settlement Infrastructure]
According to Yonhap News Agency, South Korean crypto asset custody institution BDACS has partnered with Devall Company to construct a stablecoin-based cross-border payment and settlement infrastructure for enterprises. The solution enables exporting companies to send invoices via Cheonggus, while overseas buyers can make payments using stablecoins such as USDT and USDC. BDACS will handle asset custody and the settlement process, converting the funds into Korean won. The two parties plan to integrate payment and settlement data into enterprise ERP systems to achieve automated accounting processes.
