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DBS Hong Kong Completes Pilot Test of 'e-Hong Kong Dollar+' Project Based on Central Bank Digital Currency Technology

3 hours ago

September 16th. As per the Hong Kong Economic Times, DBS Hong Kong has declared the completion of the HKMA's e-Hong Kong Dollar CBDC pilot phase 2 testing. It is exploring how tokenization and programmability can boost the applications of digital fiat. This pilot project is backed by DBS Bank's Tokenization Service. It integrates tokenization and smart contract technology with the bank's banking transaction services. By using Purpose-Bound Money (PBM) technology, it tests the addition of specific spending conditions to digital currencies like the e-Hong Kong Dollar. The related applications can be extended to other reward programs, financial management, supply chain payments, and enhanced payment process management.

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pump.fun has conducted buybacks totaling over $97 million in value of the PUMP token.

On September 16th, based on the data from fees.pump.fun, pump.fun spent 12,706 SOL (approximately $3.056 million) yesterday to repurchase 3.687 billion PUMP tokens. After commencing the PUMP repurchase on July 15th, around $97.3 million worth of PUMP tokens have been repurchased, which has led to a reduction of 6.671% in the total circulating supply. According to the HTX market data, PUMP has witnessed a 5.6% price increase in the past 24 hours and is currently trading at $0.00836.

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「40x Short Whale」 Once Again Reduces BTC Position, Losses Exceed $44 Million in One Month

September 16th: The Federal Reserve's September interest rate meeting is scheduled to be held on September 18th. The market widely conjectures that there is a high possibility of a rate cut during this meeting. Owing to this event, recent on-chain whale activities have been rather frequent. According to HyperInsight monitoring, the address beginning with 0xa523 decreased its BTC short position by 168.78 coins. The current position value is approximately $68.795 million, with an unrealized loss of around $1.14 million. The liquidation price is approximately $11.67 thousand, and the distance to liquidation is about 0.81%. This address has recently employed approximately 40× leverage and has suffered a total loss of $44.45 million in the past month. The total account position value is approximately $68.84 million.

17 minutes ago

Solana Foundation Holdings Overview: Total Holdings Increase to 17.112M SOL, Representing 2.98% of Current SOL Circulating Supply

On September 16th, based on Strategic SOL Reserve data, a total of 17 entities have now established SOL Treasury Reserves. They hold a combined total of 17.112 million SOL, which is worth $4.03 billion and accounts for 2.98% of SOL's current total supply. Among this, approximately 7.405 million SOL is staked, with a value of $1.32 billion and an average staking yield of 7.96%, accounting for 1.228% of the total supply. The top holding entities are as follows: · Forward Industries (FORD) takes the lead and is currently holding 6.822 million SOL, approximately worth $1.61 billion; · Sharps Technology (STSS) comes in second, currently holding 2.14 million SOL, approximately worth $500 million; · DeFi Development (DFDV) ranks third, currently holding 2.028 million SOL, approximately worth $477.1 million; · Upxi is in fourth place, currently holding 2 million SOL, approximately worth $470.6 million; · Galaxy ranks fifth, currently holding 1.35 million SOL, approximately worth $317.6 mi

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Capital B has raised 58.1 million euros to accelerate its Bitcoin Reserve Strategy

On September 16th, the publicly traded French company Capital B successfully raised 58.1 million euros through a private placement with major institutional investors in order to accelerate its Bitcoin treasury company strategy.

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pump.fun has generated $3.38 million in protocol revenue in the past 24 hours, once again surpassing Hyperliquid.

On September 16th, according to data from Defillama, pump.fun has achieved a record revenue of $3.38 million in the past 24 hours. It has once again exceeded Hyperliquid's revenue of $3.12 million in the past 24 hours and reached a new high since February 13th. It trails only behind Tether ($21.67 million) and Circle ($7.62 million).

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Tom Lee: If the Fed cuts rates, Bitcoin and Ethereum could see a significant rally in the next 3 months

On September 16th, Tom Lee, the chairman of BitMine, stated in an interview with CNBC that in the event of a Fed rate cut, the primary beneficiaries would be: · The Nasdaq 100 Index (Mag 7 + AI Sector); · Bitcoin and Ethereum, which "are likely to experience a significant increase in the next 3 months"; · Small-cap stocks and the financial sector.