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PANews, December 29 – According to Jinse Finance, the Hong Kong Monetary Authority has confirmed that it will fully implement new bank capital regulations based on the Basel Committee on Banking Supervision's crypto asset regulatory standards in Hong Kong starting January 1, 2026. The crypto assets as defined by the Basel Committee refer to private "digital assets" that mainly rely on cryptography and distributed ledger technology or similar technologies. "Digital assets" are defined as digital representations of value that can be used for payment, investment purposes, or to obtain goods or services. Not only bitcoin, Ethereum, etc. are included in the Basel Committee's definition of crypto assets, but also RWA, stablecoins, and others are covered.

According to Odaily, Flow's official account provided an update on the attack incident on the X platform, stating that they have abandoned the network rollback and shifted to an "isolation recovery plan." The key points of the new plan include: 1. No rollback/reorganization, all legitimate user activities will be preserved; 2. Partners do not need to replay transactions; 3. More than 99.9% of accounts are unaffected and will resume normal operations upon restart; 4. Upon restart, accounts that received illegally minted tokens will be temporarily restricted; Additionally, the network will be restored in phases, Phase 1: Cadence environment goes live, EVM will be temporarily restricted; Phase 2: Cadence repair (approximately 24-48 hours); Phase 3: EVM repair and restart; Phase 4: Cross-chain bridges/exchanges will resume operations, with the specific recovery time to be determined by the operators after confirming stability based on the actual situation.

according to HyperInsight monitoring, Huang Licheng closed his HYPE long position in the past hour with a profit of only 3,000 USD, and increased his ETH long position to 24 million USD in the past 10 minutes, with an opening price of 2,973.44 USD and a liquidation price of 2,813.72 USD.