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DeFi Project CrediX Allegedly Rug Pulls After $4.5 Million Hack
DeFi Project CrediX Allegedly Rug Pulls After $4.5 Million Hack

After a $4.5 million hack on August 4, CrediX's failure to reimburse users has sparked fears of a rug pull. Despite the hack, some platforms continue offering CrediX tokens, putting traders at risk. While the firm remains silent, blockchain data shows stolen funds moved through Tornado Cash.

BeInCrypto·2025/08/08 09:30
Animoca Brands Takes Bold Step Toward Stablecoin Licensing in Hong Kong
Animoca Brands Takes Bold Step Toward Stablecoin Licensing in Hong Kong

In Brief Animoca Brands begins the stablecoin licensing process in Hong Kong. Licensing aligns with Hong Kong Monetary Authority's regulations. Stablecoin plans aim to integrate Web3 and traditional finance.

Cointurk·2025/08/08 08:50
Flash
22:23
RBC Capital Markets U.S. rates strategist Izaac Brook: I believe the overall positioning before this meeting is quite light, but slightly bearish.
This means that if Waller releases dovish remarks, dampening expectations of rate hikes in the coming months, short covering capital inflows could amplify any rally in the bond market.
22:20
The Dow continues to hit record highs! Tech stocks pull back, dragging the Nasdaq down over 1%. SpaceX closes up 4.8%, while the China Concept Index drops 2.5%.
Glonghui, June 17 — Technology stocks retreated after several days of strong gains, dragging down the broader market. At the close, the S&P 500 Index fell 0.57%, the Nasdaq declined 1.15%, while the Dow Jones rose 0.64% and reached a new all-time high. SpaceX surged more than 17% during intraday trading but pared gains to close up 4.8%.Most chip stocks declined, with the Philadelphia Semiconductor Index dropping 5.7%. Intel fell more than 8%, AMD dropped over 7%, Micron Technology shed more than 6%, SanDisk declined over 5%, ASML and Broadcom both fell more than 4%, while Western Digital rose 4.2%.A certain exchange's China Golden Dragon Index closed down 2.5%. Among popular Chinese concept stocks, ASE Group, Pony.ai, XPeng, Daqo New Energy, and MINISO fell at least 4.2%; Meituan ADR, NIO, Tencent Music, and Baidu each dropped at least 3.45%; H World Group and NetEase each declined at least 3.27%; Autohome and Bilibili fell less than 3.1%; BYD ADR, WeRide, KE Holdings, Xiaomi Group ADR, and Trip.com each slipped at least 2.47%; Li Auto fell 2.36% and Pinduoduo lost 2.35%.
22:10
The probability of the Federal Reserve raising interest rates this year has slightly increased to 59.4%
According to CME "FedWatch": There is a 40.6% probability that the Federal Reserve will keep interest rates unchanged by December, a 59.4% probability of raising rates by at least 25 basis points (up from 57.3% the previous day), and a 0% probability of a 25 basis point rate cut.
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