Odaily Planet Daily News According to Lookonchain monitoring, in the past 24 hours, three whales or institutional addresses deposited a total of 37.17 million USDC to Hyperliquid to purchase HYPE, and purchased a total of 390,434 HYPEs, with a contract value of 17.81 million US dollars. One of the addresses is suspected to be related to Anchorage Digital, and deposited 4.5 million USDC through 5 newly created wallets, totaling 22.5 million US dollars, and purchased 139,662 HYPEs (6.37 million US dollars). In addition, address 0x7E4E deposited 8.48 million USDC and bought 188,449 HYPEs at an average price of 45 US dollars; address 0x34b6 deposited 6.19 million USDC and purchased 62,322 HYPEs.

Odaily Planet Daily News: The Genius Act passed by the U.S. Senate gives stablecoin holders priority claims on their backing assets when the issuer goes bankrupt, which has attracted the attention of banks and the legal community. Adam Levitin, a law professor at Georgetown University, pointed out that this mechanism may lead to "subsidizing the issuance of stablecoins at the expense of bank deposits", which harms the interests of traditional bank customers, especially when the issuer or custodian bank goes bankrupt. The bill also stipulates that stablecoins must be backed by highly liquid assets (such as U.S. Treasury bonds), issuers must disclose reserves on a monthly basis, and have the ability to freeze tokens. If passed, banks and other entities will be able to legally issue compliant stablecoins. Industry insiders believe that although the bill is intended to enhance user confidence and strengthen the integration of stablecoins with traditional finance, the "bankruptcy priority" arrangement may disrupt the risk structure of the original financial system and become an important turning point in the development of stablecoins and regulatory coordination. (DL News)

Joseph Lubin's SharpLink Gaming acquires 10,000 Ethereum amid price rally source: https://u.today/ethereum-foundation-offloads-10000-eth-heres-bullish-twist

Upexi expands Solana holdings with a $200M securities offering, involving major equity and convertible note sales. source: https://coincu.com/348097-upexi-solana-securities-purchase-2025

Polymarket odds now suggest there's a 92% chance of Bitcoin hitting $120,000 before the end of 2025 — at least. source: https://cryptonews.com/exclusives/bitcoin-hits-record-high-experts-predict-what-will-happen-next/

Odaily Planet Daily News Crypto investment application RandomBag.fun announced a partnership with cross-chain L1 platform ZetaChain, leveraging ZetaChain's Universal Blockchain infrastructure to enable one-click cross-chain participation in popular narrative investments. Users can directly invest in Meme, AI, DeFi and other themed token combinations curated by the platform through any chain assets, without the need for cross-chain bridges or frequent wallet switching.

According to Foresight News, the U.S. Senate's recently passed Genius Act is drawing attention from the banking and legal sectors. The legislation grants stablecoin holders priority claims on supporting assets in bankruptcy situations, potentially putting traditional banks and other customers at risk. Adam Levitin, a law professor at Georgetown University, cautions that this arrangement essentially subsidizes stablecoin issuers at the expense of bank deposits, potentially harming regular bank customers, especially if a stablecoin issuer or its custodian bank goes bankrupt. The current version of the bill mandates that stablecoins be backed by highly liquid assets, such as U.S. Treasury bonds, with issuers required to disclose reserve status monthly and have the ability to freeze tokens. If enacted, banks and other entities would be allowed to issue compliant stablecoins. The bill is now awaiting review by the U.S. House of Representatives. While it aims to boost user confidence and strengthen the connection between stablecoins and the traditional financial system, its bankruptcy priority design has sparked discussions about regulatory logic, financial stability, and potential interest distribution among banks. Industry experts suggest the act could be a turning point for stablecoin development, while also heightening concerns about its impact on the traditional financial system.

The firm announced in 2023 that it would discontinue support for Bitcoin Cash, Kusama, and Omni due to a lack of usage. source: https://www.theblock.co/post/362269/tether-to-sunset-usdt-on-five-legacy-blockchains-including-algorand-and-omni?utm_source=rss&utm_medium=rss

Odaily Planet Daily News The Genius Act passed by the US Senate is attracting attention from the financial and legal circles. The bill gives stablecoin holders priority claims to their backing assets in the event of bankruptcy, which is considered to have an adverse impact on traditional bank customers. Adam Levitin, a law professor at Georgetown University, pointed out that such arrangements are essentially "subsidizing the issuance of stablecoins at the expense of bank deposits", especially when the stablecoin issuer or its custodian bank goes bankrupt, which may erode the rights and interests of ordinary depositors. The current draft bill requires that stablecoins must be supported by highly liquid assets (such as US Treasury bonds), and issuers must disclose reserves monthly and have the ability to freeze tokens. If passed, banks and other institutions will be able to issue compliant stablecoins. Although the bill is intended to enhance user confidence and strengthen the connection between stablecoins and the real financial system, its bankruptcy priority arrangement has also triggered discussions on regulatory logic and financial stability. Some analysts believe that the bill may become a key node in the development of stablecoins, while exacerbating the structural impact on the traditional financial system. (DL News)

يحاول المستثمرون العالميون تجاوز حالة الاضطراب الحالية بشأن الرسوم الجمركية، والتي أثارتها سلسلة من الرسائل من الرئيس دونالد ترامب التي فرضت رسومًا باهظة على شركاء الولايات المتحدة التجاريين بدءًا من الشهر المقبل. وعلى أثر ذلك وعبر منصات شركات تداول الاسهم. فقد أنخفض مؤشر ستاندرد آند بورز 500 بنحو 0 source: https://www.tradersup.com/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a5%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9/%d8%a7%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a7%d9%84%d8%a8%d9%86%d9%88%d9%83-%d8%a7%d9%84%d8%b9%d8%a7%d9%84%d9%85%d9%8a%d8%a9/%d9%88%d9%85%d8%b3%d8%aa%d9%82%d8%a8%d9%84-%d8%a7%d9%84%d9%81%d8%a7%d8%a6%d8%af%d8%a9-%d8%a7%d9%84%d8%a7%d9%85%d8%b1%d9%8a%d9%83%d9%8a%d8%a9/145437

A drop in price without any reason is depressing, but a rise in price without any reason is also worrying.

Faced with profound changes in the global landscape, the most ideal path may still be to expand development space on the world stage.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

稳定币既非货币，也不必然稳定，其诞生的原初目的是成为加密货币的稳定交易媒介。

The price of Bitcoin surged above $112,000, setting a new record, after President Trump again urged the Federal Reserve to cut interest rates.

If the project team is disbanded or the platform loses connection, can users still safely withdraw assets and complete interactions?

RWA, stablecoin, in-depth interpretation of the Shanghai State-owned Assets Supervision and Administration Commission meeting: The integration of cryptocurrency, stablecoin and RWA Golden Finance, from the policy study meeting, see the breakthrough of RWA.

Stablecoins, from "single-digit licenses" to "50 passes" The Hong Kong model and European and American paths of stablecoin regulation Golden Finance, the global stablecoin regulatory landscape has entered a game accelerator.

Recommended readings tonight: 1. Shanghai SASAC studies stablecoins. Mysterious oriental power helps BTC break new highs? 2. ETH returns to $3,000. Is the alt season coming? Where the 313 million yuan of funds went remains a mystery: The whole story of the collapse of the Xinkangjia DGCX scam;

鑫慷嘉 DGCX 事件是一场典型结合数字资产、庞氏骗局和传销机制的数字金融诈骗。