Tag: Nobitex

U.S. Department of Defense runs Bitcoin nodes for cybersecurity testing, Blockchain Capital plans to raise $700 million; Thailand SEC proposes to revise digital asset derivatives rules, U.S. crypto legislation expected to be completed by end of May.

USD.AI brings GPU computing power financing onto the chain through CHIP tokens, issuing USDC loans backed by NFT collateral to address the financing challenges of high-depreciation assets. It has gained support from mainstream exchanges, but project transparency is insufficient, and the sustainability of cash flow remains to be verified.

Iran's largest crypto exchange, Nobitex, has transferred over $2.3 billion via Tron and BNB Chain since 2023, with some funds linked to the sanctioned Central Bank of Iran and armed groups. Tens of millions of dollars remain in circulation after the conflict.

The Hong Kong Web3 Carnival has concluded, prompting industry reflection on slowing growth. Future growth may shift towards offshore dollar asset distribution channels, forming a 'dual-engine' system that complements traditional markets.

Geopolitical easing and oil price decline drive market rebound, with BTC and ETH ETFs recording strong net inflows. Gate continues to strengthen institutional-grade trading infrastructure, expanding TradFi asset categories and enhancing multi-asset execution capabilities.

MetaMask co-founder Dan Finlay has left due to burnout, at a critical juncture when parent company Consensys is planning an IPO. Meanwhile, competitor Phantom is rapidly catching up thanks to the recovery of the Solana ecosystem, putting MetaMask under dual pressure of product and talent loss.

The Bank for International Settlements warns that crypto exchanges are evolving into unregulated "shadow banks" through wealth management products, posing systemic risks.

A JPMorgan report points out that recent DeFi security incidents (such as the Kelp DAO attack) and the stagnation of Ethereum TVL continue to dampen institutional interest in DeFi, exposing the vulnerability of DeFi's high interconnectivity.

The U.S. Indo-Pacific Command has publicly acknowledged running a Bitcoin node for the first time, solely for cybersecurity testing, without mining or holding assets, marking the embedding of state power into the Bitcoin network under the guise of technical research.

A JPMorgan report points out that recent frequent DeFi security incidents and stagnant Ethereum TVL continue to weaken institutional interest in DeFi, with cross-chain bridge attacks highlighting the vulnerability of DeFi's high interconnectivity.

Frequent DeFi security incidents and stagnant TVL growth have dampened institutional confidence in entering the market.

The Bank for International Settlements warns that stablecoin yield products on crypto exchanges are evolving into 'shadow banks' lacking safeguards.