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China has clearly stated its policy orientation of accelerating the development of the digital yuan and curbing virtual currencies such as stablecoins, aiming to safeguard monetary sovereignty and financial system stability and avoid the risks associated with following the path of US dollar stablecoins.
PA荐读2025-12-06 07:08
The association reminds all member units that they must not participate in the issuance and trading of virtual currencies or real-world asset tokens within China, and must not directly or indirectly provide related services to clients for the issuance and trading of virtual currencies or real-world asset tokens within China.
PA荐读2025-12-05 11:46
Qian Zhimin was sentenced to 11 years and 8 months in prison in the UK for the Lantian Greeite illegal fundraising case, involving 61,000 bitcoins worth over 50 billion yuan. China and the UK are currently engaged in a cross-border battle over restitution, with the focus on whether victims can recover their principal and the increased value of their bitcoins.
PA荐读2025-12-01 01:30
Bitcoin is not the first generation of blockchain technology, but rather a protocol layer that is becoming a global settlement layer. As a native financial protocol, it possesses the ability to capture value, making it the mother currency of the crypto world. The AI era will provide Bitcoin with application scenarios far exceeding those of the internet; the algorithmic economy needs algorithmic currencies.
PA荐读2025-11-30 07:04
The People's Bank of China has explicitly classified stablecoins as virtual currencies, posing illegal risks such as money laundering and fraud, and has comprehensively prohibited related financial activities. This move will affect mainland institutions' participation in the Hong Kong stablecoin market, given the varying regulatory attitudes towards stablecoins across countries globally.
PA荐读2025-11-30 01:17
U.S. Treasury Secretary Bessant's unexpected appearance at a Bitcoin-themed bar has been interpreted by the market as a signal of federal government support for digital assets. This move, occurring during a period of Bitcoin price adjustment, underscores the U.S.'s long-term strategic commitment to integrating cryptocurrencies into the mainstream financial system, and is seen by the industry as a key turning point.
PA荐读2025-11-23 00:00
This report takes a technical perspective, tracing the technical origins of the incident to provide in-depth analysis of key technical details. It focuses on the ins and outs of the theft of these Bitcoins, reconstructing the complete attack timeline, and assessing Bitcoin's security mechanisms, hoping to provide valuable security insights for the cryptocurrency industry and users.
PA荐读2025-11-09 11:08
A CS2 game update allowing the crafting of high-level skins into premium items caused the virtual skin market to lose $2 billion in 24 hours. Hoarders and speculators suffered heavy losses, college students lost their living expenses, while ordinary players were delighted with discounted high-end gear. Valve's move severely impacted third-party trading platforms, significantly increasing liquidity on the official market.
PA荐读2025-11-02 03:17
Chen Zhi, a 28-year-old from a small town in Fujian province, founded Cambodia's largest real estate group. He is accused by the United States of being the mastermind of a transnational cyber fraud empire, with over $15 billion in Bitcoin seized. His Prince Group defrauded victims worldwide through "pig-killing" schemes and bribed officials in various countries. If convicted, he faces up to 40 years in prison.
PA荐读2025-10-25 05:30
Binance Alpha's airdrop points threshold has reached a new high, intensifying user competition. New regulations introduce a trading volume doubling mechanism to support new projects, discourage backdoors, and enhance user loyalty. With trading volume exceeding $10 billion, the platform is selecting high-quality projects for listing on the main site.
PA荐读2025-09-06 07:17
Dalio once again warned: The probability of a global debt crisis breaking out in the next five years is as high as 65%, which may severely damage the hegemony of the US dollar. If companies, countries, and individuals fail to identify their position in the cycle, they will be engulfed by this powerful "tidal force."
PA荐读2025-08-04 00:30
According to the Federal Reserve Act, a board member can only be fired for "good cause" rather than policy differences. The Supreme Court specifically ruled in Trump v. Wilcox that "the Federal Reserve is a uniquely structured quasi-private entity" and enjoys special protection. If Trump chooses to fire Powell for "good cause (decoration)", it could lead to a lengthy legal process. Some analysts believe that Powell's term is likely to end by then.
PA荐读2025-07-20 08:30
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