According to ChainCatcher news, as reported by Xinhua Finance, the national-level scientific journal "Financial Electrification," supervised by the People's Bank of China, will publish an article titled "Exploring the Standardization of Practical Experience in Blockchain Digital Bond Innovation" in the second half of August 2024. The article is authored by the Central Government Securities Depository and Clearing Co., Ltd.'s China Bond Blockchain Digital Bond Project Team.The article states: As a national pilot unit for blockchain innovation applications, the Central Government Securities Depository and Clearing Co., Ltd. is actively promoting the implementation and standardization of the blockchain digital bond project. It is necessary to summarize and form specialized standards in a timely manner, striving to achieve replicable and scalable practices to promote the formation of an industry ecosystem and standardized development. Since exploring blockchain technology in 2018, it launched the country's first blockchain digital bond issuance platform in 2021 and has continuously optimized and enhanced system functionality and cross-chain interoperability.The platform has supported the issuance of multiple bonds, covering institutions such as state-owned banks and securities companies, promoting the integrated development of the digital economy and the real economy, while strengthening regulatory capabilities and industry norms. As the initiator of the alliance chain and the provider of system services, the Central Clearing Company is responsible for formulating business operation rules, establishing and improving alliance governance mechanisms, and maintaining the safe and stable operation of the system; it explores the effective coordination of necessary centralized management principles as stipulated by laws and regulations with distributed ledger technology, consensus algorithms, and smart contracts.The alliance chain does not change the legal central confirmation attributes and member access management authority of the Central Clearing Company. It efficiently achieves consensus formation in business processes through smart contracts and enhances the auditability, verifiability, and multi-party supervision of operations by the Central Clearing Company and market institutions through distributed ledgers and encryption algorithms. Market institutions, under the premise of complying with the alliance system, can orderly carry out business innovation, provide beneficial feedback and cooperative supervision, and jointly promote the high-quality development of the bond market.

ChainCatcher news, published in the second half of August 2024 issue of the national-level scientific journal "Financial Electrification," supervised by the People's Bank of China, features an article titled "Exploring the Standardization of Practical Experience in Blockchain Digital Bond Innovation." The authors of the article are the Central Government Securities Depository and Clearing Co., Ltd. Blockchain Digital Bond Project Team.The article states: As a pilot unit for national blockchain innovation applications, the Central Government Securities Depository and Clearing Co., Ltd. is actively promoting the implementation and standardization of the blockchain digital bond project. It is necessary to summarize and form specialized standards in a timely manner, striving to achieve replicable and scalable practices that promote the formation of an industry ecosystem and standardized development.Since exploring blockchain technology in 2018, the company launched the country's first blockchain digital bond issuance platform in 2021, continuously optimizing and enhancing system functionality and cross-chain interoperability. This platform has supported the issuance of multiple bonds, covering institutions such as state-owned banks and securities companies, promoting the integrated development of the digital economy and the real economy, while strengthening regulatory capabilities and industry norms.As the initiator of the alliance chain and the provider of system services, the Central Clearing Company is responsible for formulating business operation rules, establishing and improving alliance governance mechanisms, and maintaining the safe and stable operation of the system; exploring effective coordination between the necessary centralized management principles stipulated by laws and regulations and the technical architectures of distributed ledgers, consensus algorithms, and smart contracts.The alliance chain does not change the legal central confirmation attributes and member access management authority of the Central Clearing Company. It efficiently achieves consensus formation in business processes through smart contracts and enhances the auditability, verifiability, and multi-party supervision of operations by the Central Clearing Company and market institutions through distributed ledgers and encryption algorithms. Market institutions, under the premise of complying with the alliance system, can orderly carry out business innovations, provide beneficial feedback and collaborative supervision, and jointly promote the high-quality development of the bond market. (Xinhua Finance)

ChainCatcher news, according to Cointelegraph, the decentralized clearing network Yellow Network has completed a $10 million seed round financing, led by Ripple co-founder Chris Larsen, with participation from Consensys, GSR, NxGen, MV Global, Gate Labs, ZBS Capital, Moonrock Capital, Math, Cobo, NOIA Capital, and LD Capital.Yellow Network is a new type of decentralized clearing network aimed at addressing the inefficiencies in cryptocurrency.

ChainCatcher news, the Solana lending protocol Kamino is expected to release its V2 version in the fourth quarter of this year. This version adopts a modular approach at the market layer to support a wide range of assets, and the new yield layer Vault Layer introduces automated single-asset lending, combining market liquidity to provide risk-optimized yields.On the liquidation engine, Kamino V2 employs an oracle mechanism to protect users from unnecessary liquidations, and combines liquidation auctions to reduce liquidation penalties. It also allows for isolation or mixed mode options in the lending model. Additionally, the V2 version introduces Multiply's automatic unstaking and spot leverage features.

ChainCatcher news, K33 analyst Vetle Lunde stated on X that the exchange's liquidation data is far below the actual market liquidation volume. To provide a "fair trading environment" (Bybit, September 2021) and "optimize user data flow" (Binance, April 2021), Binance and Bybit have changed their liquidation WebSocket API to push liquidations once per second, instead of reporting all liquidations. OKX also pushes up to one order per second for each contract, and their data does not represent the total number of liquidations.The consequence of this is that over the past three years, market liquidation data has been severely underestimated.He stated that "the current liquidation data is relatively worthless as pure market information."

ChainCatcher news, the chairman of the Shanghai Clearing House, Ma Jianyang, led a team to visit and investigate the Digital Currency Research Institute of the People's Bank of China. The director of the Digital Currency Research Institute, Mu Changchun, met and held discussions, and both parties signed a business cooperation agreement. The two sides conducted in-depth exchanges on topics such as the positioning of their respective financial infrastructure responsibilities, strategic planning, and innovation paths, and unanimously agreed to take the signing of the business cooperation agreement as an opportunity to provide precise and effective services for the central bank's duties and the high-quality development of the financial market through solid and orderly system connections and business collaboration, thereby implementing the spirit of the 20th National Congress of the Communist Party of China and contributing to the realization of the goal of a strong financial nation.

CahinCatcher news, according to Coinglass data, based on the current mainstream CEX contract positions, if Bitcoin falls below $62,000, mainstream CEX will have $1.069 billion in long position liquidations.If Bitcoin rebounds and breaks through $66,000, mainstream CEX will have $1.412 billion in short position liquidations.

ChainCatcher message, the NFT perpetual contract trading platform nftperp posted on X that the previous issue affecting the WETH clearingHouse contract has been resolved, and the involved funds have been restored, allowing trading to proceed normally. In addition, nftperp stated that a detailed incident report has been published on Discord.

ChainCatcher news, Arkham posted that the price of CRV has fallen below the liquidation price of Curve founder Michael Egorov, and his entire nine-figure loan positions across five protocols have been liquidated.Michael Egorov's two accounts on Curve's Llamalend have collectively generated over $1 million in bad debt, which has been liquidated after receiving 6 million USDT from NFT whale Christian in the past hour.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, two hours ago, the whale 0xC6D...926d9 allegedly cleared out 5.72 million ENA tokens from staking, with a total loss of 1.6 million dollars.This whale transferred 5.72 million ENA from Binance for staking at an average price of 1.282 dollars on April 8. Subsequently, it recharged the tokens into the exchange on April 20 and two hours ago, at an average price of 1 dollar, resulting in a loss of nearly 22% (not accounting for the second phase airdrop gains, but likely a loss).

ChainCatcher news, according to reports from the Hong Kong Economic Journal, licensed person Pang Baolin from the Hong Kong Securities and Futures Commission revealed that the market is looking forward to Hong Kong promoting the interoperability of virtual asset trading and security token offerings (STO). The Hong Kong Monetary Authority has conducted research on tokenized deposits for interbank settlement and clearing through a sandbox, in preparation for future payment testing of digital Hong Kong dollars and stablecoins, as well as to fully prepare for innovative financial market infrastructure and future digitization.

ChainCatcher news, the Hong Kong Stock Exchange has issued three announcements, declaring the inclusion of Bosera HashKey Bitcoin ETF shares and Bosera HashKey Ethereum ETF shares, Huaxia Bitcoin ETF shares and Huaxia Ethereum ETF shares, and Harvest Bitcoin Spot ETF shares and Harvest Ethereum Spot ETF shares as eligible securities for the Central Clearing System multi-counter. It is reported that:The trading unit for Bosera HashKey Bitcoin ETF shares and Bosera HashKey Ethereum ETF shares is 10 shares, with trading currencies being HKD and USD;The trading unit for Harvest Bitcoin Spot ETF shares and Harvest Ethereum Spot ETF shares is 100 shares, with trading currencies being HKD and USD;The trading unit for Huaxia Bitcoin ETF shares and Huaxia Ethereum ETF shares is 100 shares, with trading currencies being HKD, USD, and RMB.In addition, the aforementioned ETFs are expected to be listed and traded on the Hong Kong Stock Exchange Limited starting from April 30, 2024, and will be included as eligible securities for the Central Clearing System multi-counter on that day (as defined by the general rules of Hong Kong Clearing).

ChainCatcher live report, the 2024 Hong Kong Web3 Carnival opened today at the Hong Kong Convention and Exhibition Centre. HashKey Group COO and HashKey Exchange CEO Ong Siu Ki shared insights on global regulatory dynamics and the current state of crypto compliance in Hong Kong during his keynote speech in the afternoon. He also proposed six follow-up market highlights:Market pressure from the clearing of non-compliance risksTiming and magnitude of US dollar interest rate cuts (election year)Short-term impact of Bitcoin halving and reduction of net selling pressure in the medium to long termApproval of Hong Kong spot ETFs bringing in Asian capitalETH spot ETF: US vs Hong KongPopular DApps driving an application revolutionIn addition, Ong Siu Ki revealed that on April 8, HashKey Exchange will announce significant updates, presenting a brand new service approach for Web3 users.

ChainCatcher message, the encrypted fund management company EMC Labs stated on platform X that during the cyclical trend, whenever BTC enters a bull market and reaches a new high, long-term holders (long-term investors) who hold most of the issued BTC begin to take profits. A profit ratio exceeding 70% of the total market value of BTC is a key point. Around this time, a large amount of chips being sold often overdrafts purchasing power in the short term, leading to a phase adjustment in the market.This cycle is similar to 2017. In 2014, on March 6, the profit ratio reached 71%, and the adjustment began, lasting until March 24, for a total of 18 days, with a magnitude of -27.32%. This adjustment started on March 13 when the profit ratio reached 72% and lasted until the 20th, for a total of 7 days, with a magnitude of -27.70%. Spatially, it has basically reached its limit, but temporally, it is still insufficient.According to EMC Labs engine monitoring, the peak of chip selling has passed, and the inflow scale (intended for sale) on exchanges has significantly decreased, returning to a steady outflow. Based on the above, the bull market is still ongoing, and a good buying point has emerged.

According to ChainCatcher news and Scopescan data, the address starting with 0xc7c, marked as "Teneo: 3AC Liquidation," currently holds a total value of cryptocurrency assets amounting to $901 million. The WLD it holds is currently valued at $623 million (7.5 million units), and other assets include:134 million STRK, approximately $250 million;8.437 million DYDX, approximately $25 million;160,000 AXS, approximately $1.24 million.

According to ChainCatcher news and Scopescan data, the address starting with 0xc7c marked as "Teneo: 3AC Liquidation" received 134.18 million STRK on November 6, 2022, currently valued at approximately 257 million USD.The total value of the crypto assets currently held by this address reaches 790 million USD. Among them, the WLD held is currently valued at 505 million USD (75 million tokens), and other assets include:134 million STRK, approximately 257 million USD;8.437 million DYDX, approximately 25.64 million USD;5.75 million USDC;160,000 AXS, approximately 1.25 million USD.

ChainCatcher message, after the SEC's official account shared news about the Bitcoin ETF approval on X, Bitcoin initially rose by 2.5%, reaching a 19-month high of $47,900. Subsequently, SEC Chairman Gary Gensler stated that the account was hacked, leading to a significant drop in Bitcoin of nearly 6%, falling to $45,100. CoinGlass data shows that Bitcoin's price experienced a rise followed by a drop, with extreme volatility resulting in the liquidation of over $50 million in Bitcoin derivative trading positions on cryptocurrency exchanges within an hour.

ChainCatcher message, according to data monitoring by Shield, the address 0x1111...c42e was liquidated for 4210 WETH (worth 9.44 million USD) about 7 hours ago.

ChainCatcher news, the decentralized clearing network Yellow Network has launched its testnet phase. According to the team, the testnet will utilize a clearing system (clearing synchronization). The focus is on testing key functionalities of the trading terminal, including but not limited to: opening and closing clearing channels with counterparties; off-chain market trading; using blockchain-hosted swaps for trade settlement; deploying broker nodes and mining liquidity. Upcoming features include cross-chain settlement and enhanced security measures.

ChainCatcher news, Cboe Digital plans to launch Bitcoin and Ethereum margin futures and clearing services on January 11, 2024. Cboe Digital stated that it will become the first regulated cryptocurrency-native company to merge an exchange and a clearinghouse in the United States, enabling spot and leveraged derivatives trading on a single platform.