CBS: U.S. Treasury Secretary and Trump Once Had Heated Debate on Tariff Policy

According to Caixin reports, following the arrest of Chen Zhi, the head of Cambodia’s Prince Group, judicial authorities across multiple jurisdictions have initiated the disposal of assets linked to the group. For 30 British Virgin Islands (BVI) entities effectively controlled by Chen Zhi, local courts have appointed Joint Provisional Liquidators (JPLs) to investigate and preserve the relevant assets. Recently, the JPLs addressed issues including the scope of asset inventory, control disputes, and victim claims. The JPLs acknowledged that in multiple jurisdictions, parties claiming to represent Chen Zhi, Prince Group entities, or related stakeholders have challenged the liquidators’ appointment and actions. They also stated that a process for creditor claims and distribution has not yet been established. Should liquidation proceedings proceed in the future and sufficient funds be available for distribution to creditors, the liquidators will establish a claims process, adjudicate claims, and carry out distributions in line with BVI insolvency law. BVI insolvency proceedings are collective in nature, with claim eligibility not tied to nationality or jurisdiction. Potential victims from any jurisdiction may file claims, meaning that victims of telecom fraud and online gambling from China could also submit claims at a later time.

Unitree contracts’ negative funding rates have widened further. As of press time, the reference funding rates for xyz:UNITREE and para:UNITREE stand at -0.3345% and -0.4068% per hour respectively, both yet to settle. A static estimate per $10,000 notional position shows that short positions will need to pay roughly $33.45 and $40.68 to long positions respectively in the next settlement round. In the completed 11:00 settlement, the two contracts’ funding rates were -0.28384% and -0.34037% respectively, with their negative magnitude expanding to around 4x and 4.7x compared to the 10:00 settlement. During the same period, the contracts’ mark prices were approximately $99.08 and $99.068 respectively; their total open interest notional value is around $31.31 million, with 24-hour trading volume of roughly $37.96 million. Both contracts trade at a discount of around 5.1% relative to their respective oracle prices. Unitree’s largest long position holder currently holds 89,507.4 long contracts, valued at approximately $8.8668 million, with an average entry price of $89.46, generating an unrealized profit of around $859,000. Hyperliquid’s funding rate records show this account has accumulated a net inflow of roughly $83,000 from the last 24 settlement rounds, with the 11:00 round alone bringing in around $26,600.

According to the China Securities Index Co., Ltd. (CSI) website, Changxin Technology has been included in the SSE Composite Index with a 4.67% weight, making it the index’s largest constituent stock by weight. Agricultural Bank of China and Industrial and Commercial Bank of China rank second and third, with weights of 3.83% and 3.77% respectively. Changxin Technology has also been added to the SSE STAR Market Composite Index, holding a 15.74% weight and becoming its largest constituent as well. Per the index methodology, the weight factor is adjusted on the trading day following the second Friday of each month, or when the weight of a newly included constituent exceeds 15%.

According to monitoring by Onchain Lens, an address starting with 0x60c, after being inactive for 44 days, used 160,000 USDG to purchase 1.55 million CASHCAT tokens.

According to an official announcement, Binance’s Spot and Convert trading platform will launch bStocks tokenized securities trading pairs at 20:00 GMT+8 today. The listed assets include Applovin Corp (APPB), Bending Spoons (BSPB), GE Vernova Inc (GEVB), GraniteShares 2x Short SK Hynix Daily ETF (SKDDB), and GraniteShares 2x Long SK Hynix Daily ETF (SKUUB), with corresponding trading pairs against USDT being APPB/USDT, BSPB/USDT, GEVB/USDT, SKDDB/USDT, and SKUUB/USDT. Spot algorithmic trading bots and smart position management services will also be activated simultaneously.

Robinhood has released its third-quarter financial report. The company’s revenue hit a record high but came in slightly below market expectations, while diluted earnings per share (EPS) also missed estimates. Following the report release, a large whale continued to add short positions on HOOD, net selling roughly $2.392 million and increasing its short position to 40,927.344 units. As of press time, the account’s short position is valued at approximately $3.5781 million, with an average entry price of $89.35, generating an unrealized profit of around $78,000. During the same period, HOOD perpetual contracts on Hyperliquid fell from about $95.71 before the earnings announcement to $87.42, a decline of roughly 8.66%. The financial results also reveal a divergence in Robinhood’s business structure: Predictions market revenue rose to $173 million, surging over sixfold year-over-year; crypto trading revenue rebounded 20% quarter-over-quarter to $120 million, though it still dropped 55% compared to the same period last year.