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According to an official announcement, Binance has now completed the integration of native USD Coin (USDC) on the Polygon network and has opened up the deposit service for this token on the aforementioned network. Please obtain the exclusive token deposit address on the digital currency deposit page. Please note: - After confirming the sufficient deposit, Binance will open the withdrawal service for this token on the aforementioned network without further notice; - The cross-chain version of USD Coin (PoS) (USDC.e) has adopted MATICUSDCE as its code on Binance; - Users can deposit MATICUSDCE tokens into their Binance account and exchange them for native USDC tokens through the Binance instant exchange trading platform.
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- 10/26 07:15
Hong Kong Police: All 36 arrestees involved in the JPEX case have been released on bail pending investigation, and the amount involved has risen to HK$1.58 billion.
On October 26th, Hong Kong police announced in the evening that 8 more people were arrested in the JPEX virtual asset trading platform fraud case, bringing the total number of arrests to 36. However, all arrested individuals have been released on bail and must report to the police from late October to late December. In addition, Hong Kong police have updated other information, as of 5 pm on the 26th, there were 2595 reported victims involving approximately HKD 1.58 billion. - 10/26 05:53
Chan Mo-po: Hopes to regulate virtual assets and digital Hong Kong dollar to promote Hong Kong to become an international virtual asset center
Hong Kong Financial Secretary Paul Chan Mo-po said that he hopes to promote Hong Kong as an international virtual asset center, including preparing for the regulation of virtual assets and the establishment of a digital currency. When asked how to ensure the safety of citizens' virtual assets, Chan revealed that he will introduce the latest situation with the financial regulatory agency and the Legislative Council Finance Committee next Monday (30th). He said that a new regulatory system for managing virtual asset exchanges has been introduced in June this year, which scrutinizes and regulates product suppliers. Afterwards, there will also be corresponding arrangements for demand, such as investor participation, education, etc., to promote the development of the virtual asset market. - 10/25 08:15
Binance will implement mandatory self-trade prevention feature for spot and margin users
In order to avoid self-trading, starting from 8:00AM on October 26th, UTC, the exchange will implement mandatory self-trade prevention measures for all spot and margin users. Note: Self-trade prevention is a built-in mechanism designed to prevent users from trading with themselves, which often occurs unintentionally and may result in unnecessary trading fees for the user. - 10/25 07:25
Three provinces and one city, Shanghai, Zhejiang, Jiangsu and Anhui, have achieved interconnection and interoperability of blockchain electronic medical bills.
On October 25th, the financial departments of Zhejiang Province announced that Shanghai, Zhejiang, Jiangsu, and Anhui have achieved interconnection of blockchain electronic medical bills. Commercial insurance claims, as the first social application scenario, have officially landed, and Ant Financial's "Anxin Claim" claims service has been the first to access it. - 10/25 05:38
Haikou releases white paper on blockchain industry development and implements multiple application scenarios
On the afternoon of the 24th, the "Digital Economy Lecture Hall" blockchain special session seminar of the Hainan Free Trade Port and the release conference of the Haikou City Blockchain Development White Paper were held. At the press conference, it was learned that the white paper summarized and analyzed the problems and challenges faced by the development of the Haikou City blockchain from the overall development status, the development conditions, and the development effectiveness, and referred to the development experience of other regions' blockchain, proposing development ideas and application prospects. In early 2022, Haikou City was approved as a comprehensive pilot area for national blockchain innovation and application, and the development of the Haikou City blockchain has entered a substantial acceleration stage. The Fuxingcheng Internet Information Industry Park, as a provincial key industrial park, is also the main carrier park for promoting the development of the blockchain industry in our city, with a total of 52 registered blockchain companies. The Haikou City blockchain industry has initially formed a breakthrough, and multiple "blockchain+" application scenarios have landed. It is reported that the "Haikou City Blockchain Industry Development White Paper" was led by the Haikou City Science and Technology Bureau, and the China Unicom Research Institute and the China Unicom (Hainan) Innovation Research Institute were responsible for compiling it. - 10/25 05:01
Binance: Withdrawal functionality has been restored for all cryptocurrencies
Binance: The issue has been resolved and all cryptocurrency withdrawal functions have been restored. - 10/25 04:23
Binance: Technical issues with cryptocurrency withdrawals
Binance said there were technical issues with cryptocurrency withdrawals. - 10/24 04:10
Binance: There is an issue with the platform displaying users’ euro holdings, and the team is working on fixing it
Binance officials have stated that they have discovered a problem on the platform that affects the display of Euro holdings for some users. The team is working hard to fix it. If you find that the Euro balance on your Binance account is not correct, this is only a temporary visual error. The funds are safe. - 10/24 03:44
Justin Sun: stUSDT TVL is expected to exceed US$3 billion this year
According to official sources, Blockchain Life 2023 officially opened in Dubai today. TRON founder Sun Yuchen attended the conference online and introduced topics such as TRON and stUSDT. Sun Yuchen said that TRON has always provided users with powerful and comprehensive stablecoin services. The continuous growth of usage and transaction volume has driven TRON to become a deflationary network. He pointed out that TRON will continue to strengthen the DeFi ecosystem, and the TVL of stUSDT is expected to exceed 3 billion U.S. dollars this year. It is reported that stUSDT is the first RWA protocol based on rebase, and it is now operated through the decentralized platform JustLend DAO. The stUSDT platform is committed to bridging the gap between individuals and institutional investors, and the crypto world and the real world through smart contracts. - On October 24th, Sun Yuchen, founder of TRON and member of the Huobi HTX Global Advisory Committee, gave a keynote speech titled "RWA: Unlocking the Value of the Digital Age" at the opening ceremony of Blockchain Life 2023 in Dubai. He stated that there are already over 100 CeFi and DeFi RWA participants in the industry, and this number could grow to $16 trillion by 2030, changing the value transfer and settlement models in the cryptocurrency industry. During the speech, Sun Yuchen used stUSDT as an example to explain the additional value that RWA can bring to the stablecoin market. It is reported that stUSDT can be seen as a Yu'EBao in the Web3.0 world, providing users with diversified investment portfolios through the connection between on-chain assets and real-world assets, meeting different investment needs. Sun Yuchen summarized that in the constantly evolving digital age, RWA will be the key to achieving mass adoption of cryptocurrencies. They can combine tangible and familiar assets with digital innovation in the cryptocurrency industry, and are expected to reshape the global financial landscape. Regarding the current competition among cryptocurrency exchanges, Sun Yuchen pointed out that Huobi HTX is one of the major Asian exchanges in the world. This year, Huobi HTX will focus heavily on expanding its user base in Asia, with strong growth momentum. After a year of development, Huobi HTX has become one of the top five exchanges in the world along with Binance, Upbit, Coinbase, and OKX. Sun Yuchen stated that Huobi HTX has always been committed to exploration and innovation, dedicated to building a global cryptocurrency ecosystem and meeting the diverse needs of users, and promoting the widespread adoption of cryptocurrencies. Huobi HTX and its individuals will continue to pay attention to the dynamics and development of the RWA market.