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AiCoin Daily Report (March 16)

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3 hours ago
AI summarizes in 5 seconds.

1. Iranian Foreign Minister Welcomes Initiatives to End War, Points to Israel as the Undercurrent.

On March 15, according to Iranian state media reports, the Iranian Foreign Minister stated that Iran welcomes any initiatives that can contribute to a complete end to the war. Additionally, according to Iranian media Fars News, the Iranian Foreign Minister claimed that Iran is ready to work with regional countries to establish an investigative committee to investigate the targeted attacks and pointed out that Israel may be the mastermind behind the attacks on civilian targets in Arab countries.   -Original

2. Nasdaq and NYSE Promote Blockchain in Stock Markets

Nasdaq and its parent company ICE, along with major cryptocurrency exchanges, plan to create and trade tokenized versions of traditional stocks on the blockchain. These collaborations aim to promote the concept of a "full asset exchange," where all asset classes are traded on a shared blockchain infrastructure. The scale of tokenized stocks is currently small but could change the trading and settlement processes in the global $126 trillion stock market.   -Original

3. Spot Gold Falls More than 1.00% in a Day, Currently at $4968.37/ounce.

4. Strait of Hormuz Closed for 16 Days, Oil Prices Increased by Approximately 45%.

5. U.S. SEC Commissioner Studies Tokenized Securities "Innovation Exemption" Program.

U.S. Securities and Exchange Commission Commissioner Hester M. Peirce announced that she has initiated research on a program for tokenized securities "innovation exemption," allowing limited-domain trading and technological experimentation of certain tokenized securities. She believes it should be explored whether different types of securities tokenized experimentation can be permitted under this framework and whether issuers need to agree to third parties issuing tokenized versions of their stocks to promote technological innovation while avoiding regulatory arbitrage. The SEC is assessing several issues, including the scope of the information disclosure system, the compatibility of tokenized securities settlement rules, and the applicability of regulatory authority under a no-intermediary structure.   -Original

6. South Korea to Review Penalties Against Bithumb, Fines May Exceed 35.2 Billion Won.

On March 15, South Korean cryptocurrency exchange platform Bithumb was notified in advance by the Financial Intelligence Unit (FIU) that it would face a six-month partial suspension for violating anti-money laundering obligations under the Specific Financial Information Act and issued an accountability warning to its CEO. South Korean financial authorities plan to convene an anti-money laundering sanctions review committee on March 16 to finalize the penalty. This penalty is expected to exceed the 35.2 billion won fine previously imposed on Upbit operator Dunamu and a three-month partial suspension. Bithumb responded that it is still in the pre-notification stage and will formally state its improvements through proper procedures.   -Original

7. Withdrawal of 7400 ETH from Tornado Dominates Venus Liquidation

Monitoring shows that an address that withdrew 7400 ETH from Tornado Cash dominated the Venus liquidation event, resulting in a protocol loss of approximately $2.15 million. The hacker obtained around $5.07 million in assets from Venus, including 2172 BNB, 1.516 million CAKE, and 20 wrapped bitcoins. This address pledged the withdrawn ETH to Aave to borrow 9.92 million stablecoins to purchase THE. After the price of THE surged significantly tonight, this address deposited 36.1 million THE into Venus to borrow assets like BNB and CAKE through two wallets, and then the price of THE rapidly fell, leading to bad debts for the protocol.   -Original

 

The above is a selection of hot topics in the past 24 hours. For quicker news, please download AiCoin (aicoin.com)

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