火必 · 116

Iran has officially responded to the 15-point plan: it is the third time that the US negotiation statement is deceptive

Comparative news. According to a report by Iran's Tasnim News Agency, people familiar with the matter said that Iran officially submitted a response to the 15-point proposal to the US through an intermediary last night and is currently awaiting a response from the US. In its response, Iran put forward the following core requirements: the enemy's terrorist aggression must be stopped; objective conditions must be established to ensure that wars are not repeated; compensation and compensation for war losses must be clarified and guaranteed; and a cease-fire must be implemented simultaneously on all fronts and all resistance groups involved in the fighting throughout the region. He also stressed that Iran's exercise of sovereignty over the Strait of Hormuz is its natural and legal right. It is also an implementation guarantee to ensure that the other party fulfills its commitments, and must be recognized. The source pointed out that Iran has determined that the US negotiation statement is the third deceptive project. The real purpose under its cover is three: to deceive the international community by falsifying peaceful posturing; to reduce global oil prices; and to buy time to prepare for an aggressive act of launching a ground invasion from southern Iran.

149d ago

“King Who Knows” is also “King Terrible”! Trump pushes for the $250 meme effect

He knows Wang, and he is also King Teruo. From Twitter to Truth Social, from the White House to Pump.Fun, Trump is turning himself into a walking meme. His new work this time, Donald J. Trump's $250 Bill Act (Donald J. Trump's $250 Bill Act), once again made netizens around the world laugh: “Five hundred and five presidents need to be printed on a 255 bill.” 1. From the President to the Banknote Master: The Absurd Beginning of the $250 Act In February 2025, the US Congress introduced Donald J. Trump's $250 Bill Act. The sponsor claimed that the move was to commemorate the 250th anniversary of the founding of the United States, but as soon as the bill came out, the whole network went viral. For Americans, this is probably just another political show; but for the Chinese world, this scene is simply tailor-made for a “spooky culture.” Because “250” does not represent a denomination in Chinese, but a symbol of “foolishness,” “confusion,” and “arrogance.” American netizens are laughing at Trump's narcissism, while Chinese netizens are laughing at him for “printing himself as 255.” 2. The Chinese semantics and magic of 250 The story of the number “250” is far longer than many people can imagine. As early as the Qing Dynasty, “205” was used to describe foolish people who made themselves clever but were fooled by others. In modern times, it has become one of the most commonly used joke words in online languages — slightly derogatory, laughable, and a bit cute. Trump's style of acting — confident enough to be almost ridiculous, taking everything as a stage, and never afraid to be ridiculed — fits right in with the “255” cultural image. So when he wanted to print his profile picture on the $250 dollar bill, Chinese netizens laughed: “I understand Wang is definitely King Geo!” , “It doesn't matter if he doesn't understand Chinese; he itself is a meme.” Another netizen quipped: “Hurry up and hire a Chinese staff member. At least let him know that '250' is not an honorable title.” 3. Trump 250 on Pump.Fun: The original Tinder for meme coins In fact, the on-chain version of Trump250 was created as early as February 2025. On Pump.Fun, a player jokingly created a token called “Trump 250,” with a fictional $250 bill with a smiling Trump profile picture on it. At first, it was just a prank, but it quickly spread to a small extent in the coin community. People tweeted: “This man bought his own $250 bill.” Chinese memes weren't fully popular at the time, and the main characters on Pump.Fun were still established themes such as Pepe, DOGE, Elon, Trump, and Sponge. But the advent of “Trump 250” is like a seed — it heralds the next wave of cryptocurrency culture. 4. Lessons from the past of the $TRUMP coin: Before talking about Trump 250 after the hype, I must mention the “$TRUMP” meme coin that was a hit at the beginning of the year. With the popularity of the US election and Trump's personality, it once rose to the top of the list. The community called it “presidential coin” and “MAGA 2.0.” The market capitalization soared tenfold in just a few days, but then plummeted 80% over the next three days. Bookmakers have been evacuated, liquidity has dried up, and investors are struggling. Some people ridiculed: “Trump earns traffic, retail investors lose tuition fees.” This round of painful lessons also made people understand — understanding that Wang can be King of Terry, but not necessarily the King of Financial Management. Today, Trump 250 is back in business. Not only does it have a political playful flavor, but it also makes many veteran players in the coin industry instinctively keep alert: is this a meme or a trap? 5. Trump 250 on Geng.one: Chinese Meme's Immediate Response After China Daily reported the news release of Trump's 250 dollar bill, a token page called “Trump 250” immediately appeared on the Chinese meme platform Geng.one. The link address shows that the token was launched at an astonishing speed. The description reads “Make Money 250 Again!” Some people laughed, “Trump's unprinted banknotes are already in circulation on the chain.” There are also people who carefully analyze the mechanism: if Trump 250 can actually use Wang Redu to form a community consensus, it will probably become the first popular model for merging Chinese memes with international politics. 6. Why is Trump 250 a meme...

316d agoWendy#Gengone #meme topic #Terrier network #Trump

Trump says Israel accepts the necessary conditions for a cease-fire in Gaza and calls on Hamas to also accept the agreement

Comparing news, US President Trump said that Israel has agreed to the necessary conditions for a 60-day cease-fire agreement with Hamas, and called on Hamas to accept the agreement as well. Trump posted on social media that the US and Israel held lengthy talks on the same day on the situation in the Gaza Strip, Israel agreed to the necessary conditions for a 60-day cease-fire agreement, and Qatar and Egypt will submit the final text of the agreement. I hope Hamas will accept this agreement because the situation will not improve — it will only get worse. According to US media reports, Trump will meet visiting Israeli Prime Minister Binyamin Netanyahu at the White House on the 7th to discuss the situation in the Gaza Strip and Iran's nuclear issue. This will be Netanyahu's third visit to the US since Trump returned to the White House in January of this year.

416d ago

The Hong Kong High Court ruled in favor of Li Lin's X-Spot trademark infringement application against Huobi Global, prohibiting the latter from using the “Huobi” trademark during the trial

Comparatively, the High Court of the Hong Kong Special Administrative Region handed down an important ruling on the intellectual property lawsuit between X-SPOT GLOBAL LIMITED (plaintiff) and Huobi Global Limited (defendant). Plaintiff X-SPOT GLOBAL LIMITED successfully applied for an interim injunction against the defendant to prevent the latter from using the “Huobi” or “Huobi” trademark or any confounding similar name or logo in Hong Kong during the trial. The core of the case concerned trademark rights held by the plaintiff. The Hong Kong High Court ruled that the plaintiff's trademark rights should be protected and that the defendant's actions constituted an infringement of the plaintiff's trademark rights. In June 2023, X-Spot Limited, controlled by Li Lin, sued Huobi Global Limited (Huobi Global Limited) for trademark infringement in the Hong Kong Special Administrative Region High Court. According to the indictment, X-Spot Co., Ltd. has always retained exclusive rights to the “Huobi” trademark, and Huobi Global Limited (Huobi Global Limited) has been using the trademark without X-Spot's authorization. When the original shareholders transferred their Huobi Global shares to About Capital Management (About Capital Management), they clearly agreed to retain the exclusive rights to the “Huobi” trademark and ensure that these rights will not be transferred to the buyer or Huobi. The share transfer and asset delivery agreement between the two parties clearly stipulates that the buyer is prohibited from using the “Huobi” trademark and brand.

985d agoLuxurytracy#Huobi Global #X-SPOT

Wu Says Weekly Picks: CoinEx Attacked, FTX Coin Selling Rules, Binance US Layoffs, and Top 10 News (0909-0915)

Author | Wu Says Blockchain News Top 101 This Week. The US CPI not seasonally adjusted in August is 3.7%, the core CPI annual rate is 4.3%, the US CPI is 3.7%, which is expected to be 3.6%, the previous value is 3.2%. It is a new high since May this year, and has rebounded for the second time in a row. The US core CPI was not seasonally adjusted in August at an annual rate of 4.3%. The forecast was 4.3%, and the previous value was 4.7%. It is a new low since September 2021, and has been declining for six consecutive months. According to the Wall Street Journal, US consumer prices rose the fastest in more than a year in August due to rising energy costs. The monthly core data may keep interest rates stable at next week's meeting, but it won't resolve the larger debate over whether another rate hike is needed this year to slow the economy and sustain recent progress in inflation. The International Energy Agency said that Saudi Arabia's decision to extend the crude oil production reduction period until the end of this year may cause gasoline prices to rise. 2. SEC Chairman Gensler: Multiple Bitcoin spot ETP applications are being reviewed On September 12, according to @EricBalchunas, SEC Chairman Gensler said during the latest hearing: We are reviewing the decision. We're also reviewing multiple Bitcoin spot ETP applications (other than Grayscale), and I'm seeking advice from staff. Earlier court decisions harshly criticized the SEC according to the same statement that there is no reason not to pass a Bitcoin spot ETF but a futures ETF. 3. The G20 is advancing the international cryptocurrency framework September 11. According to Cointelegraph, the G20 is advancing the international cryptocurrency framework, which will influence users in multiple countries by automatically exchanging information about cryptocurrency transactions between jurisdictions starting in 2027. The G20 called for rapid implementation of the Crypto Asset Reporting Framework (CARF) and CRS (Common Reporting Standard) amendments, and required the Global Tax Transparency and Information Exchange Forum to determine an appropriate and coordinated timeline. 4. Binance roundup of this week's developments a. Binance's US Legal Director and Chief Risk Officer will leave office on September 15. According to the Wall Street Journal, Binance US Legal Director Krishna Juvvadi and Chief Risk Officer Sidney Majalya will soon leave their posts. Juvvadi is one of the company's contacts with the SEC. Previously, Binance US had cut one-third of its employees, President Brian Shroder left, and Chief Legal Officer Norman Reed temporarily replaced Binance US CEO. b. Binance US has laid off one-third of its employees. President Brian Shroder left office on September 13. According to TheBlock, Binance US has cut one-third of its employees, and President Brian Shroder left. After being sued by the SEC, Binance US's monthly trading volume has dropped drastically, from $10.58 billion in January to $70 million this month. On the same day, according to Bloomberg, Chief Legal Officer Norman Reed temporarily took over as Binance US CEO. A Binance spokesperson said: The SEC is actively trying to weaken our industry and have an impact on our business, which is having a real-world impact on employment and innovation in the US, which is an unfortunate example. c. Binance will airdrop a total of $3.5 million in BNB to users in the Morocco earthquake area and users in Libya. On September 12, Binance Charity will airdrop up to $3 million in BNB to users in Morocco affected by the earthquake. User identification will be based on proof of address (POA) completed in Marrakech Safi province before September 9, 2023. Eligible users can directly receive $100 of BNB in their Binance account...

1071d agody zhang#CoinEx #cpi #FTX #Ethereum #Wu says blockchain is real #Binance #Bitcoin #Huobi

The ambition behind Paypal's stablecoin: 400 million potential crypto users, holding $600 million in cryptocurrencies

On August 7, US payment giant Paypal announced the launch of a US dollar stablecoin for transfers and payments, etc., causing quite a stir in the crypto bear market. Industry sources said that this is a landmark event. By issuing a US dollar stablecoin, Paypal may expand the crypto industry to hundreds of millions of users. It may expand to hundreds of millions of crypto users. On August 7, PayPal announced the launch of PyUSD, a stablecoin. On official social media, Paypal stated: “We have launched a new stablecoin, PayPal USD (PYUSD). It is designed for payments and is backed by highly liquid and secure assets. Over the next few weeks, you'll be able to buy, sell, hold, and transfer PYUSD.” Paypal, founded in 1998, is a traditional online payment service provider headquartered in the US, with a share of over 77% of the North American payment market. According to the official website, it has 435 million active consumers and merchants worldwide. PayPal President and CEO Dan Schulman stated in the announcement that he hopes to further consolidate PayPal's dominant position in the digital payments field through PYUSD by relying on technology that can achieve instant and low-cost transfers without a central intermediary. The vision is to become part of the overall payment infrastructure. According to reports, PyUSD is issued by Paxos Trust Co., supported by US dollar deposits, short-term treasury bonds, and similar cash equivalents. It is linked to the US dollar, and will gradually be opened to PayPal customers in the US. PYUSD is issued on Ethereum and can be transferred to compatible third-party wallets outside of the PayPal network. The launch of PyUSD has caused quite a stir in the sluggish PayPal stock price and the crypto market. On August 7, PayPal's stock price reversed its decline and rose 2.66%. In the previous week, its stock price continued to fall by 18%. Bitcoin and Ethereum also rebounded, with both rising more than 1% as of press time. Industry analysts said that Paypal has opened up a convenient channel for ordinary users. Previously, users could only buy payment stablecoins through cryptocurrency companies such as Tether and Binance, but now it can be done through the Paypal platform. Paypal may bring tens of millions or even hundreds of millions of users into the crypto field. Also, Paypal's compliance will greatly expand the crypto industry. Walter Hessert, head of strategy at Paxos, said that the launch of PYUSD is a “watershed moment” for the crypto industry, and the difference from other competitors is that Paxos is a trust company regulated by the New York Department of Financial Services (NYDFS). If Paxos goes bankrupt, the regulator NYDFS will step in and users' funds are safe. Fang Hongjin, co-chairman of the Hong Kong Blockchain Association, said that this is a landmark event. Although Paypal does not have as many users as WeChat and Alipay, it is a mobile payment platform with a higher degree of internationalization. Based on a large number of fully trusted users, Paypal has connected traditional financial users and crypto finance users. However, Fang Hongjin is not very optimistic about the recent promotion and application of PYUSD. “Paypal is mostly used for personal cross-border payments, and adding US dollar stablecoins to its applications may violate regulatory requirements in some countries and regions and cannot be used in these countries and regions.” Minimalist Money partner and chief technical expert Meng Dinglin told Techub News that compared to outside the crypto industry, the incident mainly had a great impact on the crypto community, giving the industry more confidence. Since there is still a lack of clear policy support and application scenarios are very limited, ordinary users outside the crypto community still need a period of adaptation. “Cryptocurrency has a high threshold for use, and payment companies are an important part of the crypto ecosystem. This event may have a good publicity and popularization effect for ordinary users.” Meng Dinglin said. The launch of a US dollar stablecoin for Paypal, which holds 600 million US dollars of cryptocurrency for customers, was unexpected. As early as 2021, there were media reports that Paypal was developing a US dollar stablecoin. However, the process did not go smoothly. Paypal's stablecoin partner issuer Paxos was investigated by the New York Financial Services Department (NYDFS), and in February of this year, Paypal announced the suspension of its stablecoin product plans. Industry analysts said that Paypal's recent launch of stablecoins may be related to the loosening of regulations. In recent months, strong global regulation of the crypto industry has begun to loosen. For example, Hong Kong, China announced that it will embrace Web 3.0 and vigorously promote the development of the Web 3.0 ecosystem. The US SEC...

1110d agody zhang#Paypal #PYUSD topic #Tether #USDC #USDT #XRP #Ethereum #Binance #Bitcoin #Bitcoin cash #stablecoins #Litecoin

Sun Yuchen: Huobi Q2 recorded a profit of 85 million US dollars, and Q3 is expected to make a profit of 100 million US dollars

Comparing news, Sun Yuchen, founder of Bochang TRON and a member of the Huobi (Huobi) Global Advisory Committee, posted on social media that Huobi's actual revenue for the second quarter was US$193 million, expenditure was US$108 million, and quarterly profit was 85 million, a sharp increase of 183% over the first quarter's profit of US$30 million, and the group's measures to increase revenue and reduce costs were effective. (The data does not include investment gains and losses) He also said that the third quarter's revenue is 200 million, expenditure is 100 million US dollars, and quarterly profit of 100 million US dollars.

1117d agoWendy#Huobi #Sun Yuchen #Fire must

Sun Yuchen: Virtual Asset Rating Rules Show Hong Kong's Determination to Provide a Safe and Transparent Environment for the Crypto Industry

Comparing news, Sun Yuchen, founder of Bochang TRON and a member of Huobi's Global Advisory Committee, retweeted Binance founder Zhao Changpeng's tweet about Hong Kong's virtual asset rating rules and said he was happy to see Hong Kong embrace cryptocurrencies by establishing rating rules. The implementation of the rating rules demonstrates Hong Kong's commitment to providing a safe and transparent environment for cryptocurrency businesses. Earlier, it was reported that Hong Kong's virtual asset rating agency HKVAC recently announced the virtual asset index calculation method and calculation rules. The index consists of the first batch of 30 tokens, of which TRX, the native token in the Wavefield TRON ecosystem, was selected. Other selected tokens include WBTC, BTCB, stETH, BCH, LINK, OKB, etc. At the end of each quarter, HKVAC will review and adjust the relevant tokens. The results will be announced two weeks after the end of the quarter and implemented three weeks after the end of the quarter.

1151d agoLuxurytracy#virtual assets #hongkong

[Weekly Comparative Review] Financial institutions such as WisdomTree and Invesco submit spot Bitcoin ETF applications; EDX Markets, a crypto exchange supported by Wall Street giants, begins operations in the US; the US's first leveraged Bitcoin futures ETF will begin trading next week; Prime Trust suspends fiat and cryptocurrency deposits and withdrawals

The following is a weekly review of key news: [WisdomTree, Invesco and Other Financial Institutions Submit Spot Bitcoin ETF Applications] Comparative news. Following asset management giant BlackRock (BlackRock)'s submission of spot Bitcoin ETF applications, various financial institutions such as WisdomTree, Invesco, and Valkyrie Funds have also submitted spot Bitcoin ETF applications. (WisdomTree's application was initially denied by the SEC in 2022). Additionally, Bitwise Asset Management submitted a new application to the US Securities and Exchange Commission on June 16 to amend the rules to suit its planned Bitcoin spot ETF. The US Securities and Exchange Commission rejected a Bitcoin spot ETF application submitted by Bitwise in June 2022. In a new filing, BitWise said the SEC should approve, reject, or initiate other processing around its proposed rule changes within 45-90 days. Bitcoin once rebounded to a one-year high above $31,000 during the US stock trading session on June 23. Research firm K33 Research commented: “The Bitcoin spot ETF file submitted by BlackRock raised expectations that an institutionally-driven price increase was imminent.” [EDX Markets, a crypto exchange supported by Wall Street giants, begins operations in the US] EDX Markets, a new crypto exchange supported by Citadel Securities, Fidelity Investments (Fidelity Investments), and Charles Schwab (Charles Schwab), has begun operations. EDX uses a non-custodial model, does not directly handle customer assets, and plans to partner with third-party banks and cryptocurrency custodians. Unlike FTX and Binance's problems, EDX is based on traditional financial markets to attract brokers and investors concerned about the safety of their funds. The exchange will offer trading in Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. This shows that some Wall Street firms are still interested in cryptocurrencies despite regulatory pressure and market cooling. On the same day, EDX Markets announced the completion of a new round of financing, with investors including Miami International Holdings, DV Crypto, GTS, GSR Markets LTD, etc. EDX will launch EDX Clearing later this year to settle matching transactions on EDX Markets. [Prime Trust suspends fiat and cryptocurrency deposits and withdrawals] According to Twitter news, Prime Trust closed all fiat and cryptocurrency deposits and withdrawals on June 22 under the order of the Nevada Financial Supervisory Authority. TrueUSD said the TUSD stablecoin was unaffected, that it no longer uses Prime Trust to mint or redeem TUSD, and maintains “multiple dollar channels” elsewhere. BitGo announced that it has terminated its acquisition of Prime Trust. Regulators say Prime Trust is “operating at a huge deficit” and may even be insolvent and currently unable to meet customers' withdrawal needs. Prime Trust can request a hearing within 30 days of issuing an order. If no application is made, a cessation order is considered final. [America's First Leveraged Bitcoin Futures ETF Will Begin Trading Next Week] In comparison, Volatility Shares' Chief Investment Officer Stuart Barton told CoinDesk that after receiving approval from the US Securities and Exchange Commission (SEC), Volatility Shares' 2x Bitcoin Strategy ETF (BITX) will be the first leveraged crypto ETF in the US, and trading will begin next Tuesday after taking effect on Friday. “It's exciting to see digital assets in ETF products,” Barton said. According to the prospectus, a 2x leveraged ETF allows customers to gain exposure to Bitcoin by investing only half of the value of Bitcoin. The ETF fund will be based on the CME Bitcoin futures price. [Three arrows...

1154d agoWendy#Weekly review of the comparison

Wu said Zhou's Picks: A number of US giants submitted spot Bitcoin ETF applications, and the first leveraged Bitcoin ETF passed the Top 10 News (0617—0623)

Author | Wu Says Blockchain News Top 101 This Week. Federal Reserve Chairman Powell believes payment stablecoins should be treated as currency a. Federal Reserve Chairman Powell: Cryptocurrency like Bitcoin seems to have “staying power” On June 22, at the latest House hearing, Federal Reserve Chairman Powell said that cryptocurrencies like Bitcoin seem to have “lasting power” (lasting power); stablecoins have a significant share of the overall cryptocurrency market, and lawmakers are trying to set rules for them. b. Powell stated at the hearing that payment stablecoins are currency Powell also stated at the hearing that payment stablecoins are currency, and that the central bank should play a role in approving their issuance in the US. “We do regard payment stablecoins as currency.” Powell also dismissed suggestions that the Federal Reserve might directly issue digital dollars (CBDC) or digital dollars to Americans soon, partly due to privacy concerns. 2. Following BlackRock, 4 more asset managers have submitted spot Bitcoin ETF applications, an executive from Volatility Shares told CoinDesk that following the US Securities and Exchange Commission (SEC)'s 2x Bitcoin Strategy ETF (BITX) went into effect on Friday It will be the first leveraged crypto ETF in the US. This ETF will correspond to the CME Bitcoin Futures Daily Rolling Index. a. Bitwise submitted a new application to the US SEC requesting that the rules be amended to suit its planned Bitcoin spot ETF Following BlackRock's application for a spot Bitcoin ETF, Bitwise Asset Management submitted a new application to the US Securities and Exchange Commission on June 16 requesting that the rules be amended to suit its planned Bitcoin spot ETF. The US Securities and Exchange Commission rejected the Bitcoin spot ETF application submitted by Bitwise in June 2022 and found that the ETF was unable to fully monitor and share, provide protection against market manipulation, and prove the size of the relevant market. In a new filing, BitWise said the SEC should approve, reject, or initiate other processing around its proposed rule changes within 45-90 days. b. WisdomTree and Invesco submit another spot Bitcoin ETF application On June 21, Bloomberg senior ETF analyst Eric Balchunas tweeted that asset management company WisdomTree once again submitted a spot Bitcoin ETF application. Additionally, Invesco has also submitted a new 19b-4 document for a spot Bitcoin ETF. c. Valkyrie Funds also submitted a spot Bitcoin ETF application to the US Securities and Exchange Commission on June 22, and Valkyrie Funds also submitted a spot Bitcoin ETF application to the US Securities and Exchange Commission. Previously, it had provided a Bitcoin strategy ETF and a Bitcoin miner ETF. If approved, the spot ETF is called the Valkyrie Bitcoin Fund and is scheduled to be listed on the NASDAQ exchange under the symbol BRRR. 3. Binance US Weekly Update a. Binance and the US SEC reached a proposed agreement to ensure that only Binance.US employees can use customer funds Late on June 16, Binance, Binance.US, and the US Securities and Exchange Commission (SEC) announced an agreement to ensure that only Binance.US employees have access to customer funds. The proposed content, which still needs to be signed by a federal judge overseeing the case, is: Binance...

1155d agody zhang#CZ #Wu says blockchain is real #Binance #Bitcoin