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07:14
Contract whale pension-usdt.eth begins reducing its bitcoin short positions
According to ChainCatcher, monitored by Hyperinsight, the contract whale pension-usdt.eth is currently reducing its bitcoin short positions. The original short position was 1,000 bitcoins, which has now been reduced to 900, and the whale continues to close out positions.
07:13
According to two Iraqi sources, several international oil service companies, including Halliburton, KBR Technology, and Schlumberger, have begun relocating their foreign employees stationed at Iraqi oil fields to Kuwait.
This evacuation operation involves multiple energy companies operating in Iraq, reflecting potential new changes in the local security situation. Currently, the relevant companies have not yet issued official statements regarding the evacuation plans.
07:09
Circle CEO: USDC has replaced part of internal fund settlements previously done via wire transfers, and will be opened to more enterprises in the future
ChainCatcher News: Stablecoin issuer Circle CEO Jeremy Allaire posted on X that Circle has begun using its own platform to process internal fund settlements. Through USDC and Circle Mint, approximately $68 million in intercompany settlements have been completed among eight entities, with the entire process taking less than 30 minutes and operating 24/7. This method replaces the traditional fiat wire transfer process, which typically takes 1–3 days, and provides full control and audit capabilities. Currently, 90% of the company's transfer pricing settlements can be completed within one day. As Circle Mint continues to be updated, this type of real-time settlement model based on stablecoins is expected to be available to more enterprises in the future.
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