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Tether’s compliant stablecoin USAT has gone live on the Celo blockchain, marking its second mainnet deployment following Ethereum.

54 minutes ago

Tether’s compliant stablecoin USAT has launched on Celo, marking its second mainnet deployment following Ethereum. Issued by Anchorage Digital Bank, the token can be natively minted and redeemed on Celo, and directly cover on-chain gas fees via Celo’s fee abstraction mechanism. USAT launched in January this year, with a current market capitalization of approximately $185 million.

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Suspense is mounting ahead of the Fed’s upcoming decision, with unusual options activity indicating a small group of investors are betting on a rate hike.

The Federal Reserve stands at a turbulent crossroads. With current Chair Kevin Warsh repeatedly hinting he will break the market convention of pre-announcing policy moves, this Wednesday’s interest rate decision has become one of the most unpredictable calls in recent years. Citadel Securities has bluntly predicted a "surprise rate hike" this week. The firm argues Warsh may use this move to signal the end of the "forward guidance" era, and restore the Federal Reserve’s independence by inflicting short-term pain on markets. On the other hand, the iShares 20-Year+ US Treasury Bond ETF (TLT) has recently shown strong bullish momentum. Data shows TLT’s put/call ratio has fallen to 0.63, a level not seen since May. On Tuesday, TLT’s call option volume hit 171,000 contracts, three times that of put options. Zed Francis, chief investment officer at Convexitas, revealed the logic behind this "curve twist": If Warsh opts for a decisive rate hike, markets will view it as the Fed’s ultimate resolve against inflation, causing long-term inflation expectations to collapse and driving long-dated yields lower (bond prices rise). This means a hawkish rate hike could actually be a bullish signal for long-dated US Treasuries and tech stocks like the Nasdaq 100 index.

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Solana policy group urges the Senate to vote on the Clarity Act crypto bill as soon as possible.

U.S. Solana Policy Institute (SPI) has sent a letter to Senate bipartisan leaders, urging them to advance the Clarity Act digital asset bill to a vote before Congress’s legislative window closes in early August. The bill aims to provide regulatory clarity for U.S. crypto developers, institutions, and consumers, and establishes a "non-money transmission" safe harbor for non-custodial software developers via the Blockchain Regulatory Certainty Act. The latest Republican version of the bill also adds ethics provisions banning federal public officials and their spouses from issuing or sponsoring digital assets, with the relevant clauses set to expire on January 20, 2029. SPI states that the legislation will help prevent "overreach" by regulators and criminal law enforcement targeting software developers, while sustaining domestic U.S. development momentum.

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U.S. Treasury Department: Today’s Iran sanctions target activities profiting from the Strait of Hormuz

The U.S. Treasury Department announced that today’s sanctions on Iran target profiteering activities exploiting the Strait of Hormuz, with the measures focused on Iran’s "ransom network" operating in the waterway.

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Over the past four days, six wallets have collectively withdrawn a total of 4.452 million KAITO tokens from Binance, with the token’s price rising 35% over the same period.

According to YuEmber Monitoring, 4.452 million KAITO tokens (valued at $5.61 million) were withdrawn from Binance to on-chain addresses by six wallets over the past four days. During the same period, KAITO’s price rose 35%, climbing from $0.93 to $1.26.

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The Philadelphia Semiconductor Index’s intraday decline has widened to 4%, marking its fifth consecutive trading day of losses.

The Philadelphia Semiconductor Index has declined for the fifth consecutive trading day, with its intraday drop widening to 4%. According to market data from BIT (bit.com), among individual stocks, Arm fell more than 6%, AMD and Micron Technology dropped over 5%, and Marvell Technology declined more than 4%.

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GoldHouse launches GoldHouse Card spending fee rebate event with a total of 1 million USDT.

According to official announcements, GoldHouse, a one-stop Web3 payment and social platform, has launched the GoldHouse Card 1 million USDT transaction fee rebate campaign, designed to further reduce users’ crypto payment costs and enhance the digital asset payment experience. During the campaign, users who complete a single transaction of 20 USDT or more via GoldHouse Card will qualify for transaction fee rebates. Per the campaign rules, multiple U Cards under the same wallet address are eligible to participate, with each U Card entitled to a maximum monthly rebate of 500 USDT. Rebate rewards will be issued on a monthly basis. The total subsidy pool for the campaign amounts to 1 million USDT, and the campaign will conclude once the cumulative rebate reaches this cap. The platform noted that all eligible transaction fees during the campaign will be covered by GoldHouse, aiming to lower the threshold for Web3 payments and deliver a more efficient, convenient, and low-cost payment experience to users. It is understood that GoldHouse is committed to building a next-generation Web3 payment infrastructure connecting digital assets and real-world consumption scenarios, continuously promoting the adoption of digital assets in global payment use cases. This transaction fee rebate campaign is a key part of its ecosystem incentive program, with more user incentives and ecosystem benefits set to be rolled out in the future.

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