According to a report by Coinworld and Hong Kong media Ming Pao, National Committee member Yao Zhisheng stated that it is time for Hong Kong to prepare a White Paper on financial development, aiming to surpass London in stablecoin bonds, and to clearly announce and present specific arrangements in this year's policy address. The main suggestions are as follows: 1. Establish two strategic goals for financial development: one is to develop into an international financial center based on both RMB and USD as a "dual foundation"; the other is to become an international financial center on par with

According to news from CoinWorld on August 7, based on Token Terminal data, since the launch of Ethereum, applications (dApps) on Ethereum have generated approximately $26.8 billion in user fees, which is twice as high as the HYPE market capitalization.

On August 7, CoinWorld reported that trader 0xcB92 did not take profits when ETH short order was profitable at 4.25 million USD and is now on the brink of liquidation. The current liquidation price is 3,724.15 USD. The trader has erased all profits from the first three trades and is now down 2.34 million USD in principal.

According to a report from CoinWorld, on August 7th, the on-chain analysis platform Lookonchain (@lookonchain) monitored that the address 0xcB92 is currently facing liquidation risks, with a liquidation price of $3,724.15. Data shows that the $4.25 million in unrealized profits previously obtained by this address has all been withdrawn, and the current principal loss has reached $2.34 million.

According to news from CoinWorld, on August 7, Lookonchain monitored that the "Four Wars ETH 75% Win Rate Whale" again did not take profit when making a profit of 4.25 million dollars, and is now close to being liquidated. Liquidation price: $3,724.15. He has wiped out all the profits from the previous three trades and is currently at a loss of 2.34 million dollars on the principal.

According to CoinMarket, on August 7, Coinglass data shows that if Ethereum breaks through $3800, the cumulative short order liquidation intensity on mainstream CEX will reach 908 million. Conversely, if Ethereum falls below $3600, the cumulative long order liquidation intensity on mainstream CEX will reach 984 million. CoinMarket notes: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidatio

According to CoinWorld news, on August 7, Ethereum broke through 3700 dollars, with a 24-hour rise of 3.91%.

According to Coin World, Trump has imposed a 100% tariff on chips but has exempted US investments, easing market concerns. Fed officials have indicated that support for a rate cut in September is strengthening. Despite a weak performance in the 10-year Treasury auction, the stock market is rising and volatility is decreasing. Signs of diplomatic contact have emerged between the US and Russia, while India faces new tariffs and geopolitical pressures.

BOSS Wallet data source, Ethereum ETH today's price trend, ETH Ethereum latest price breaks to $3704.8, 24-hour rise of 3.13%, volume $30.111 billion

According to a report by CoinWorld, as disclosed by Bitcoin Magazine, the number of Lighting Network nodes has risen by more than 924.78% since 2018.

According to CoinWorld, the Financial Intelligence Unit (FIU) under the Financial Services Commission (FSC) of South Korea has commissioned a study on the second phase of virtual asset legislation and AML measures for stablecoins on August 6. The Financial Services Commission stated that the upcoming legislation is expected to bring stablecoins into the regulatory framework, allowing them to be used for payments and cross-border transfers. The study will review global regulatory approaches to stablecoins and examine applicable AML and CFT standards.

According to a report by CoinWorld, Hong Kong asset management company Trivest Advisors disclosed that it holds over $90 million in BlackRock Bitcoin ETF shares.

According to CoinWorld news, in the past 2 hours, USDC Treasury has added a total of 350 million USDC through two transactions.

According to a report from Coin World, on August 7 (UTC+8), Blockchain Venture Capital Inc. (BVCI) announced that it has signed a formal protocol to complete the acquisition of the crypto assets exchange coin shack by September 1. This is another acquisition for BVCI following its completion of the acquisition of the forex company luminusFX in July, further building an ecosystem for BVCI that encompasses Blockchain R&D, stablecoins, forex, exchange platforms, and physical stores. (Source: Newsfile)

According to news from CoinWorld, on August 7, Placeholder partner Chris Burniske posted on social media stating, "The rise trend of the ETH/BTC Exchange Rate seems to have not stopped."

On August 7, CoinWorld reported that Etherscan data shows that the daily number of Ethereum transactions slightly rose to 1.87 million yesterday, approaching the historical record of 1.96 million set on January 14, 2024. Jake Kenni, a senior research analyst at Nansen, stated that this surge is mainly attributed to the increase in stablecoin USDC, Tether, and the volume of the decentralized exchange Uniswap. The spike in stablecoin trading volume may be related to activities in Washington. Sara Gherghelas, a senior analyst and researcher at DappRadar, noted that the passage and signing of the

According to a report by BiJie Wang, Bitwise CIO Matt Hougan stated that institutions and governments are discussing the inclusion of Bitcoin in their reserves, marking the early stage of exponential demand.

According to a report from CoinWorld, monitoring by Farside Investors shows that the REX-Osprey SOL Spot ETF saw a net outflow of $2.7 million yesterday.