代币 · 35474

Hong Kong Securities Regulatory Commission: Including King Kong Coin/King Kong Fund as a questionable investment product

Comparatively, the Hong Kong Securities Regulatory Commission announced that it has included the “King Kong Coin/King Kong Fund” as a questionable investment product related to digital tokens. The Hong Kong Securities Regulatory Commission said that the product involves a digital token called King Kong Coin, which claims to represent a number of interests in a fund that invests in ancient art and historical relics, called the “King Kong Fund”, with a target annualized return of over 30%. The promotion campaign held earlier in Hong Kong promoted investors, and the Hong Kong Securities Regulatory Commission reminded investors to beware of any social media accounts or posts related to this product.

1m ago

Sun Yuchen Says Lawsuit Against WLFI Is About Blockchain Ownership Principles

Comparing news, Bochang founder Sun Yuchen wrote that his lawsuit against World Liberty Financial (@worldlibertyfi) was ostensibly a commercial dispute involving 45 million US dollars and 4 billion tokens, but it was essentially about blockchain's founding principles. He pointed out that the industry is built on “your keys, your coins,” meaning that everyone can actually own their own assets without permission. Sun Yuchen said that the case revealed that the other party secretly embedded the power to freeze users' assets in the contract. There was no disclosure, no governance, no procedure, and that their tokens were unlocked for use within a few days. He believes that this is contrary to the name of “freedom”. If the issuer were to seize holders' assets at any time, blockchain would be no different from the old world. He will carry out the lawsuit to the end, not only to recover assets, but also to establish a precedent in court that “your assets must really belong to you”. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

1m agoburnking

Niulai's distribution address has collected more than $155,000 in processing fees

According to GMGN data, the Niulai issuing address issued a new token Niulai Life 20 hours ago. Currently, the address has issued a total of 12 tokens, with a total processing fee of 224.17 BNB (about US$155,000). Users are reminded that most meme coins have no actual use cases, and their prices fluctuate greatly, so they need to be careful when investing.

11m ago

South Korea plans to launch a new securities market in mid-November, and the STO market is at a critical turning point

Comparatively, the Korea Exchange (KRX) plans to launch a new securities market on November 16. At that time, assets such as art, real estate, and music copyright will be traded like stocks through securities accounts. According to reports, the Korea Exchange is currently advancing the construction of relevant trading systems and preparations for market participants, and will conduct simulated trading for 6 weeks from October 6 to November 13. The official opening time may be adjusted according to the financial supervisory authority's approval process for listed products. After the market opens, investors can trade through securities company accounts, and the trading time is consistent with the stock market. Analysts believe that the securities token issuance (STO) industry in the Korean market is already at an important turning point. Although new securities listed and traded in November will be temporarily issued and registered using traditional electronic securities methods, subsequent tokenized securities based on blockchain distributed ledger issuance and management will gradually be implemented after the relevant laws are officially implemented in February 2027. (TheDailyEconomy)

1h ago

A whale that opened an ETH deposit in February is suspected to have cleared its position, making a profit of 1.68 million US dollars

According to monitoring by on-chain analyst Ai Ai (@ai_9684xtpa), an on-chain analyst, a whale that proposed 4819.11 ETH from OKX at an average price of $1941.28 at the end of February this year sold 1,200 tokens at a loss a month ago, recharged all the remaining 3,619 ETH to the trading platform 30 minutes ago, and eventually sold the average price of 2290 US dollars, with an estimated profit of 1.68 million US dollars. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

1h agoburnking

South Korea plans to open virtual asset accounts to about 3,500 companies, and the central bank plans to test AI proxy deposit tokens by the end of 2026

Comparing news, Factblock CEO and Korea Blockchain Week organizer Andrew Park said that the Korean crypto market is shifting from being driven by retail transactions to institutional digital finance. The focus of global financial institutions and enterprises has moved from tokens, exchanges, and prices to escrow, tokenization, stablecoins, payment and settlement infrastructure, and regulatory compliance. The Korea Financial Services Commission has proposed a framework to open corporate virtual asset accounts to approximately 3,500 listed companies and registered professional investors. The National Assembly of Korea has officially passed amendments to the Electronic Securities Act and the Capital Markets Act to incorporate tokenized real-world assets and security tokens into a unified legal framework. The Bank of Korea has completed initial testing of the Project Hangang real-world deposit token project and plans to conduct the second phase of institutional testing in late 2026. Related technical experiments have used wholesale deposit tokens to allow AI agents to execute automated conditional transactions. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

2h agoburnking

Grayscale: New US SEC regulations may benefit ETH, SOL, and BNB; on-chain issuance will drive the return of value

Comparatively, according to Bitcoin.com, Grayscale Research Director Zach Pandl pointed out in the analysis report that if the SEC's proposed new regulation of crypto assets (Crypto Assets) is finally implemented, Ethereum, Solana, and BNB Chain may become the main beneficiaries. The proposal establishes two exemption routes: projects with financing under $5 million can be exempted from registration for 4 years, projects with financing under 75 million US dollars can be exempted from registration for 1 year, and a conditional safe haven. The aim is to provide a clear domestic compliance path for the issuance of crypto assets and reduce issuers' motivation to operate overseas. Pandl pointed out that tokenized financing was previously blocked due to vague regulations. If the new regulations stimulate issuance activities, it will bring more US issuers and investors to go online and drive value back to underlying networks and native tokens such as ETH, SOL, and BNB. The proposal is still in the comment phase, and the final rules may be adjusted due to public comments and SEC review, and larger network activity does not guarantee a rise in the token price. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

2h agoburnking

The largest HYPE bulls on the chain now surpass $53 million and have paid $4.9 million in funding fees

Comparative news, according to TradingBeats (formerly Hyperinsight) monitoring, as HYPE tokens continued to reach record highs today, the largest HYPE bulls on the chain held a 5-times leverage of 1.38 million HYPE multi-order profits of about US$53.26 million. The address has now paid US$4.9 million in capital fees for this position. On October 23, 2025, about 5 hours before Robinhood announced the launch of HYPE stock, the address opened multiple HYPE orders with about 40 million US dollars and 5 times leverage. Since the time point of entry into the heavy position was too accurate, the community suspected that there was undisclosed information, so it is also known as the HYPE coin insider whale. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

3h agoburnking

Arthur Hayes Reminder: FLOP has not been released yet, and there are no presales or meme coins

BitMEX co-founder Arthur Hayes wrote a reminder that Flop Labs has not yet issued FLOP tokens, and there are no pre-sales or meme coins. Hayes stated that FLOP is not officially launched yet, and reminded the community not to mistake related tokens appearing on the market for official assets. He said Flop Labs is expected to launch an airdrop in the next few months and plans to launch the mainnet next year. According to previous public information, the project had previously planned a large-scale airdrop in the fourth quarter of 2026, and the target time for the main network Genesis block is the first quarter of 2027. Hayes previously announced that he will be leading Flop Labs, a project aimed at building economic infrastructure for AI agents, and FLOP will be designed as a native asset for AI agents to pay for resources such as computing power and storage.

5h ago

Arthur Hayes clarifies Flop Labs hasn't issued any tokens

BitMEX co-founder Arthur Hayes wrote an article clarifying that Flop Labs has not issued any tokens, no pre-sales, and no memecoins. There are currently no $FLOP tokens. Hayes said he will personally announce the airdrop in a few months when it starts, and will separately notify relevant developments when the main network goes live next year.

5h ago