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09:15
Privy, the wallet infrastructure under Stripe, launches a feature supporting spending of deposited DeFi assets
Foresight News reports that Privy, the wallet infrastructure under Stripe, has launched a feature supporting spending of deposited assets within DeFi. Users authorize Stripe to withdraw stablecoins from DeFi protocols for payment settlement, and developers can use Privy to launch consumer cards based on this function. The prepaid debit Visa card is issued by Lead Bank and managed by Stripe.
09:10
"Main Long Liquidations": Nearly $181 million liquidated across the network in the past hour, with long positions accounting for $181 million.
The current price of BTC is $59,323.08, with a 24-hour decline of 0.91%. In the past 1 hour, the total contract liquidation amount across the network reached $181 million, mainly long positions. BTC liquidations amounted to $177 million (97.67%). This data is for reference only.
08:54
Report: UK's New Cryptocurrency Regulations Will Not Completely Eliminate Risks for Consumers
Jinse Finance reported that on June 30, Dan Coatsworth from AJ Bell stated in a report that the new cryptocurrency regulations announced by the UK Financial Conduct Authority should provide stronger consumer protection and reduce fraud, but will not completely eliminate risks. He said: "Investors still need to ensure they understand that cryptocurrency prices often experience wild fluctuations, and this asset class is purely driven by speculation."As part of the UK Financial Conduct Authority's new regulations, cryptocurrency companies operating in the UK will be required to conduct stress tests to demonstrate their ability to withstand market shocks and hold sufficient capital as a financial buffer in case of losses.
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