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Mastercard plans to acquire the crypto infrastructure company Zerohash for $1.5 to $2 billions to strengthen its stablecoin strategy. Previously, it had bid for BVNK but was outpaced by Coinbase. The stablecoin sector continues to grow in popularity, with major companies accelerating the acquisition of related startups. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
Quick Take Summary is AI generated, newsroom reviewed. The conclusion of the 120-day OCC review for Ripple National Trust Bank is set for October 30. Approval could allow Ripple to manage digital assets under a national banking license and integrate its blockchain with the U.S. financial system. Ripple's strong compliance and utility-based approach, including its RLUSD stablecoin, may fast-track the approval process. The potential bank approval is seen by investors as a major validation of Ripple's long-te
The article explores the true motivation behind the change in the Federal Reserve chair, pointing out that the core issue is the massive U.S. national debt and fiscal deficit, rather than inflation. Trump has hinted at the possibility of using cryptocurrencies to address the debt problem, and the next chair may promote the integration of digital assets as national financial tools. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still in the process of iterative improvement.
- 04:40IQ partners with Frax to launch KRWQ, a Korean won stablecoinJinse Finance reported, citing TheBlock, that IQ has partnered with Frax to launch the Korean won stablecoin KRWQ. This is the first Korean won stablecoin issued on the Base Ethereum Layer 2 network under a certain exchange, and the KRWQ-USDC trading pair has already been launched on Aerodrome.
- 04:40The "100% win rate whale" is currently holding a floating loss of about $6.49 million on long positions, with ETH holdings approaching $100 million.According to Jinse Finance, on-chain data analysts have monitored that the "100% Win Rate Whale" has partially filled ETH limit orders, adding a new position of 10,580.88 ETH. The current total ETH holdings are valued at approximately $92.42 million, with an unrealized loss of about $6.49 million. This whale currently holds: a BTC long position of 1,030.02 BTC, valued at $111 million, with an entry price of $110,100; a SOL long position of 560,839.53 SOL, valued at $107 million, with an entry price of $198.43; and an ETH long position of 24,000 ETH, valued at $92.42 million, with an entry price of $3,873.66.
- 04:39BNB falls below $1,100Jinse Finance reported that according to market data, BNB has fallen below $1,100, currently quoted at $1,099.76, with a 24-hour decline of 0.64%. The market is experiencing significant volatility, please manage your risks accordingly.