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Fosun International's Response to Stablecoin License Application: No Comment

BlockBeats News, August 12th, there was market news that Fosun has confirmed its application for a stablecoin license in Hong Kong and has already established a complete stablecoin license application team. In response to the above news, Fosun stated that they have "no comment" at this time.

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On-Chain Activity

4h ago

A certain whale has cumulatively withdrawn 13,080 ETH, worth approximately $29.21 million, from Binance over the past 6 days.

5h ago

A hacker took a 20x leveraged long position on BTC worth $12.84 million and a short position on ETH worth $12.83 million.

5h ago

A certain whale has redeemed 7,500 ETH in the past three days and is suspected to have sold.

5h ago

A whale swapped 493.15 ETH for 14.5 BTC via THORChain.

24H Important News

2026-11-08

Elliptic: Binance hacker transferred out $51 million in XRP, most of which was swapped for BTC via THORChain.

Morgan Stanley reviews the U.S. stock market plunge: Leveraged ETF selling supply reached $57 billion, and retail selling within 90 minutes after the market open was the second largest since 2016.

Kalshi: Trading volume for US midterm election-related markets exceeds $2.5 billion, roughly double that of the 2024 election cycle

S&P 500 companies' earnings calls mention inflation at a monthly high not seen since February 2024, reigniting inflation concerns.

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