Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s
Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied. An independent audit is underway.…
Binance net outflows reach $5.3 billion after record hack. CEO says recovery underway
Nearly $11 billion left the exchange over 46 hours, although CEO Richard Teng said hourly deposits were beginning to exceed withdrawals. Source：CoinDesk
Bitcoin price threatens $77.7K support loss with recent buyers underwater
Bitcoin fell below the realized price of the onetothreemonthold buyer cohort in a move that risked flipping it to new resistance. Source：Cointelegraph
The stock market has gone nowhere for the past 5 months. It’s now looking like a bargain.
The S&P 500’s forward pricetoearnings ratio is below its fiveyear and 10year averages. Source：MarketWatch
SEC Issues Exemptive Relief from Treasury Clearing Requirements for Certain Inter-Affiliate and Non-U.S. Repo Transactions
The Securities and Exchange Commission took another step forward today to assist brokerdealers and other market participants on the path to central clearing of…
NBA star Precious Achiuwa signs on for $1.8 million condo in luxury Miami tower
Sacramento Kings forward Precious Achiuwa has signed for a $1.84M condo inside a lavish Miami development that has already attracted several highprofile…
Tx launches USTX stablecoin to pull RWA liquidity onto its chain
The Braleissued token can be minted with USDC from eight networks and is designed to settle tokenized stocks and other assets on tx. Source：Cointelegraph
Big tech is wobbling. Goldman Sachs says it’s time to buy these 23 unloved stocks instead.
Goldman Sachs says consumerfacing laggard stocks are the best way forward as earnings growth is set to slow next year and big tech stocks struggle.…
Standard Chartered to expand institutional crypto and RWA custody to Singapore
The bank would offer the service to institutions and accredited corporate investors, subject to regulatory requirements. Source：CoinDesk
Bitcoin’s recovery stalls just short of rescuing its last underwater cohort
Yearly buyer cohorts and U.S. spot ETF investors offer a map of potential support and resistance as bitcoin retreats below $84,000. Source：CoinDesk
Tokenized assets don’t always mirror traditional markets, Dune finds
Dune found that tokenized markets show different trading patterns from traditional markets, with RWA value reaching $34.5 billion. Source：Cointelegraph
Is there any chance left to save the CLARITY Act?
CLARITY isn’t dead after failing a key Senate vote, but with time running short and Democrats still demanding changes, its path forward is narrowing.…