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Iranian Revolutionary Guard: Vessels from Hostile Countries Still Prohibited from Passing Through the Strait of Hormuz

40 minutes ago

May 27: The Iranian Revolutionary Guard Navy announced that vessels from hostile countries remain prohibited from transiting the Strait of Hormuz. So far, 23 vessels have passed through the waterway, with the remaining ones expected to continue transiting in the coming hours.
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Hong Kong Monetary Authority: Three Additional Measures for Opening and Managing Mainland Investor Investment Accounts, Account Opening Due Diligence to be Retrospective to January 2023

May 27 – The Hong Kong Monetary Authority (HKMA) responded to reports that some Hong Kong banks are requiring declarations for opening investment accounts, stating it issued the relevant regulatory rules to all authorized financial institutions on May 22. Per HKMA documents, authorized institutions must implement three new measures when opening and managing investment accounts for mainland investors: 1. Close any investment accounts opened with suspicious or forged documents, and flag all existing customer investment accounts opened with such materials (including fake or altered identification) since January 2023, or any other period the HKMA specifies. 2. Close zero-balance dormant investment accounts belonging to mainland investors. These are accounts that hold no asset balance as of May 22, 2026 (the reference date) and have no customer-initiated transactions in the 12 months leading up to that date. 3. When opening a new investment account, banks must obtain a written declaration

7 minutes ago

Arete Capital Partner: HYPE's Initial Target Is $84, Expected to Surpass $100 Within a Year

On May 27th, Arete Capital partner McKenna noted that HYPE has held steady at its all-time high. The firm’s initial price target for HYPE is set at $84, and based on recent developments, McKenna expects the asset to hit a three-digit price point within the next 12 months. McKenna further highlighted that the HYPE ETF attracted robust inflows shortly after its launch, when HYPE was trading in the $50 range— a clear sign of strong interest from traditional financial players looking to enter the market at that price level.

7 minutes ago

BlackRock Deposits 2,538 BTC to Coinbase, Worth Approximately $193 Million

On May 27, on-chain analytics platform Onchain Lens reported that BlackRock deposited 2,538 BTC into Coinbase, valued at approximately $193 million.

7 minutes ago

Iran Media: Initial Informal Document of Iran-US Understanding Memorandum Revealed

May 27 (Xinhua) — Iran’s Ministry of Justice-affiliated Eqtesad news agency reported that the preliminary informal framework for an Iran-U.S. Memorandum of Understanding (MOU) was disclosed on the same day. Under the framework, U.S. military forces will withdraw from areas surrounding Iran, and the maritime blockade on Iran will be lifted.

7 minutes ago

ChangXin's IPO is approaching, with "China's Micron" boasting top-notch profitability, although its revenue scale still lags behind.

May 27: Today’s Update: ChangXin Technology’s STAR Market IPO Gets Listing Committee Approval As the world’s fourth-largest DRAM producer by shipment volume, ChangXin Technology now ranks among the top global earners in the space, trailing only the three leading international manufacturers—though the scale gap between it and the giants remains stark. BlockBeats compared ChangXin Technology’s financial metrics with global DRAM powerhouses Micron, SK Hynix, and Samsung Electronics, with results as follows: · For the most recent quarter, when revenue is converted to Chinese yuan: Micron’s revenue is roughly 3.2 times ChangXin’s, SK Hynix’s is around 4.7 times, and Samsung’s memory division revenue is about 6.7 times ChangXin’s. ChangXin Technology still lags behind the top players by total revenue. · On the profitability front: ChangXin’s Q1 2026 operating profit margin hit 69.7%, higher than Micron’s GAAP-aligned 67.6% and slightly below SK Hynix’s 71.5%. Fueled by the current i

7 minutes ago

SoFi Launches SoFiUSD Stablecoin to Its Bank App Users

On May 27, SoFi Technologies announced that its U.S. dollar-pegged stablecoin, SoFiUSD, is now accessible to all of its 14.7 million members. Users can directly purchase, sell, hold, and trade the stablecoin within the SoFi app. This marks the first stablecoin offering issued by a U.S. national bank and integrated into a retail banking platform’s interface. SoFiUSD currently runs on both Ethereum and Solana blockchains. The company plans to add additional features to the stablecoin in upcoming updates, including FDIC-insured tokenized deposits, cross-border transfer functionality, and connectivity with the Bullish exchange.

7 minutes ago