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Venezuela plans to speed up USDT adoption following US sanctions: Reuters
Venezuela plans to speed up USDT adoption following US sanctions: Reuters

Venezuela’s state-run oil company PDVSA is increasingly using USDT in oil transactions to avoid U.S. sanctions, Reuters reported. Due to issues with trade compliance rules, USDT trades in oil rely on working with middlemen, a source told Reuters.

The Block·2024/04/23 03:58
Ripple files opposition to SEC's proposed $2 billion in fines, calling it 'evidence of its ongoing intimidation'
Ripple files opposition to SEC's proposed $2 billion in fines, calling it 'evidence of its ongoing intimidation'

Quick Take Ripple Labs said it should pay closer to $10 million in fines compared to the proposed $2 billion lodged by the SEC last month. Ripple Chief Legal Officer Stuart Alderoty said the SEC’s request was evidence of “its ongoing intimidation” against crypto.

The Block·2024/04/23 02:43
BlackRock's spot bitcoin ETF joins exclusive club after 70 straight days of growth
BlackRock's spot bitcoin ETF joins exclusive club after 70 straight days of growth

BlackRock’s spot bitcoin ETF registered net inflows for the 70th straight day, putting the instrument in the top 10 of exchange-traded funds with the longest daily streaks of daily inflows.The fund added over $600 million in net inflows on Monday.

The Block·2024/04/23 01:10
Flash
18:32
Data: If BTC breaks above $65,774, the total short liquidation intensity on major CEXs will reach $825 million.
According to ChainCatcher, based on Coinglass data, if BTC surpasses $65,774, the cumulative short position liquidation volume across major CEXs will reach $825 million. Conversely, if BTC falls below $59,989, the cumulative long position liquidation volume across major CEXs will reach $750 million.
16:42
White House officials say the Bitcoin and cryptocurrency market structure bill is about to pass
White House officials stated that the Bitcoin and cryptocurrency market structure bill is about to be passed, and said that US President Trump will immediately sign the bill. (The Bitcoin Historian)
16:40
BP considers withdrawing from offshore wind power project in northern Japan
Golden Ten Data, July 6 – According to a report by Nikkei, BP is considering withdrawing from its offshore wind power project in northern Japan, which it is jointly developing with Japanese partners. Although the consortium led by Marubeni Corporation is expected to continue with the project, the withdrawal of this international energy giant undoubtedly deals a blow to Japan’s offshore wind power industry. According to several sources, BP has begun consultations with consortium partners regarding its exit. BP’s UK headquarters stated that no final decision has been made yet.
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