1. Musk Leads DOGE Audit of SEC
According to an official announcement, Elon Musk's government efficiency department DOGE will audit the U.S. Securities and Exchange Commission (SEC) to investigate potential waste, fraud, and abuse. -Original
2. Argentine President Faces Fraud Allegations
Argentine President Javier Milei is facing fraud allegations for his involvement in the Solana-based LIBRA memecoin, which has plummeted 95% from its peak. An Ethereum user burned 500 ETH (1.38 million USD) on Monday, totaling 603.38 ETH (1.67 million USD) burned over the past week, to spread strange warnings about alleged "mind control" technology through on-chain messages. -Original
3. Federal Reserve Has No Plans for Digital Dollar
Odaily Planet Daily reports that Federal Reserve's Harker stated there are currently no plans to launch a Federal Reserve digital dollar, as it requires authorization from Congress. -Original
4. Fed's Hawkish Remarks Trigger Capital Outflow
Global crypto investment products experienced a net outflow for the first time in five weeks, with outflows reaching 415 million USD last week. Research director James Butterfill stated that the Fed's hawkish remarks and the latest CPI data triggered the capital outflow. -Original
5. Standard Chartered Plans to Issue HKD Stablecoin
Standard Chartered Bank, Animoca Brands, and Hong Kong Telecom are collaborating to issue a HKD-backed stablecoin. This move comes as Hong Kong prepares to pass a regulatory bill for stablecoins. -Original
6. Whale Burns 500 ETH
A wallet transferred 500 ETH (approximately 1.38 million USD) to a black hole address for burning and left a message. -Original
7. Zhao Changpeng Denies Binance Sale Rumors
Binance founder CZ (Zhao Changpeng) stated on Twitter that rumors of Binance (CEX) being sold are "nonsense." He clarified that as a shareholder, Binance is not for sale and mentioned that top investors have always been interested in Binance, with a possibility of allowing a small amount of equity investment (a single-digit percentage) in the future. -Original
The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)
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