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For every $1,000 traded, a rebate of $0.03 is earned. It is precisely this seemingly small rebate that enabled the trader to grow from $6,800 to $1.5 million.
Heavy rain can't dampen the enthusiasm.
The Hong Kong Monetary Authority has released a consultation paper, CRP-1 "Crypto Asset Classification," aiming to establish a regulatory framework that balances innovation and risk control. The paper clarifies the definition and classification of crypto assets, as well as regulatory requirements for financial institutions, aligning with international standards set by the BCBS. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still in the process of iterative improvement.
Quick Take The Trump administration is weighing backup candidates to chair the CFTC, Bloomberg reported. New contenders may be officials with crypto regulation expertise, according to the report.
Quick Take The round was co-led by GRVT’s tech partner ZKsync and Further Ventures, an investment firm backed by Abu Dhabi’s sovereign wealth fund. GRVT’s mainnet alpha launched in late 2024 on the Ethereum Layer 2 network ZKsync.
- 19:02The probability of the US government reopening by the end of this week has reached 95% on Polymarket.According to Jinse Finance, data from the Polymarket prediction market shows that there is a 95% probability that the U.S. government will reopen before the end of this week.
- 19:01AMD expects data center revenue to reach several billions of dollars by 2027Jinse Finance reported that AMD expects its data center revenue to reach "several tens of billions of dollars" by 2027, with an anticipated overall data center compound annual growth rate of over 60%. The company also expects its server CPU market share to exceed 50%, and its PC (personal computer) market share to surpass 40%.
- 18:39Data: If ETH breaks through $3,647, the cumulative short liquidation intensity on major CEXs will reach $1.248 billion.According to ChainCatcher, citing Coinglass data, if ETH breaks above $3,647, the cumulative short liquidation intensity on major CEXs will reach $1.248 billion. Conversely, if ETH falls below $3,312, the cumulative long liquidation intensity on major CEXs will reach $562 million.