News

 Cryptoquant analyst Axel Adler Jr released a market analysis stating that the macro market environment is generally neutral: although the MOVE index has slightly rebounded, the US dollar index still supports risk appetite, and the yield curve shape of 2-year and 10-year US Treasury bonds remains stable, with no fluctuations in real yields. However, the stock market is signaling localized risk aversion (S&P 500 index down 0.98%), so the current market pattern remains balanced, with a moderate risk level (5/10) and no clear trend direction yet.

BlockBeats News, December 18th, SlowMist Cosmos posted on X platform stating that the SlowMist team discovered critical vulnerabilities in two exchanges (directly affecting fund security), but couldn't reach anyone and received no response after making their findings public. SlowMist also mentioned that one of these exchanges has a 24-hour trading volume of $3.7 billion, and the other $240 million. A tweet from the SlowMist team's account indicated that they had proactively reached out to an exchange named "ICRYPEX Global" yesterday.

BlockBeats News, December 18: According to the Hong Kong Economic Times, Standard Chartered Bank (Hong Kong) and Ant Group have tokenized Ant Group's Hong Kong dollar, renminbi, and US dollar accounts through Ant Group's blockchain financial asset management platform "Whale Platform" under the Hong Kong Monetary Authority's Distributed Ledger Technology Supervisory Sandbox and Ensemble Project framework. The tokenization solution, jointly developed by both parties, allows Ant Group's business entities to adopt a new financial asset management model, accelerating the transition to a new financial asset management model, enabling real-time transfers of Hong Kong dollars, renminbi, and US dollars 24/7. Mahesh Kini, Global Head of Standard Chartered's Cash Management Business, stated that as corporate reliance on real-time liquidity increases, the market's demand for real-time and 24/7 financial asset management is rapidly growing.