MeNews

U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.

ME News, September 29 (UTC+8) — Luke Pettit, the U.S. Treasury’s Assistant Secretary for Financial Institutions and Acting Deputy Secretary for Domestic Finance, will leave the department in October to join the private sector. He previously led the Trump Accounts children’s account program and participated in work related to the GENIUS Act and the CLARITY Act. (Source: PANews)

Jamaica’s House of Representatives will begin debating the Virtual Asset Service Providers Bill on September 22, which aims to establish a licensing and regulatory framework for cryptocurrency exchanges and other virtual asset service providers and bring them into compliance with international standards such as anti-money laundering requirements. The bill stipulates that businesses providing virtual asset services to Jamaican consumers must obtain an FSC license, regardless of where their headquarters are located; operating without a license will constitute a criminal offense. Licensed institutions must fulfill obligations including customer identity verification, transaction monitoring, and suspicious activity reporting. The finance minister said that FSC licensing regulates operations only and does not constitute official endorsement of digital assets; the Jamaican dollar remains legal tender, and the FSC will authorize, supervise, and shut down noncompliant virtual asset businesses.

The Cardano Foundation announced a long-term partnership with UCLA Anderson Venture Accelerator to provide blockchain education and entrepreneurial support for UCLA students, founders, and accelerator participants, while fostering connections with the Cardano ecosystem. Beginning in 2027, Cardano Academy content will be incorporated into UCLA courses. The foundation has previously also partnered with institutions including the University of Zurich, the University of Brasília, and PUC-Rio.

ME News, May 7 (UTC+8) — Citing sources, Saudi media outlet Alhadath and Al Arabiya reported that the US and Iran had reached a consensus on gradually reopening the Strait of Hormuz in exchange for easing the blockade. A breakthrough in the situation involving vessels trapped in the strait is expected in the coming hours. International oil prices plunged in the short term, with WTI crude falling more than 3% intraday and Brent crude down nearly 3%. (Source: PANews)

ME News, May 7 (UTC+8) — Oliver Hewett, finance director of London-listed technology company The Smarter Web Company, subscribed for 1,283,975 ordinary shares under the terms of the subscription agreement. The gross proceeds from the subscription for the shares placed amounted to £502,034.23 before expenses, equivalent to approximately £0.391 per share. (Source: Foresight News)

ME News, September 29 (UTC+8) — Grayscale has submitted an application for the ZCSH High-Yield ETF to the U.S. Securities and Exchange Commission (SEC). The ETF intends to generate income by selling call options on Zcash ETPs. (Source: PANews)

ME News, September 29 (UTC+8) — Some analysts expect the 10-year U.S. Treasury yield to rise to 6%, driven by concerns over the federal fiscal deficit, growing debt, and competition for capital. Since the end of 2023, the yield has risen to 5.23%, while Bitcoin’s price has approximately doubled to $86,000. If yields rise due to fiscal concerns, investors may seek alternatives to government debt, potentially benefiting Bitcoin; if yields rise because the Federal Reserve resumes tightening monetary policy, Bitcoin could come under pressure. (Source: ODAILY)

Citi has announced the launch of its enterprise-grade tokenized deposit service, Citi Token Services, in Japan and the United Arab Emirates. Japanese customers can transfer funds to accounts in regions including the United States, the United Kingdom, and Singapore almost instantly, with cross-border transfers available 24/7. Backed by bank deposits, the service operates on a permissioned blockchain managed by Citi, with no need to open new accounts or use crypto wallets. The service is now available in seven markets: the United States, Ireland, Hong Kong, Singapore, the United Kingdom, Japan, and the United Arab Emirates.

Glamsterdam will activate on the Sepolia testnet on 2026-10-06 21:53:36 Beijing time. The mainnet date has not been determined. The upgrade merges the Amsterdam execution layer and the Gloas consensus layer. Key improvements include built-in proposer-builder separation, block-level access lists, parallel state reads and transaction validation, and more precise Gas pricing. Nodes must update their clients before activation; mainnet users do not need to take any action.

ME News, May 7 (UTC+8) — Duan Yongping posted on social media that he had exchanged all of his holdings in coal stock China Shenhua for trendy toy company Pop Mart (09992.HK). He also joked, “China Shenhua is a very good company, and our investment also generated very good returns. Thank you. If there’s an opportunity in the future, I’ll come back again.” (Source: ODAILY)