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- 00:10Suspected Bitmine address increases holdings by 10,000 ETH, worth approximately $32.72 millionJinse Finance reported, according to Onchain Lens monitoring, the on-chain activities of some ETH whales are as follows: · Richard Heart, founder of HEX and Pulse Chain, has transferred 27,449 ETH into a new wallet and moved ETH through Tornado Cash. · The whale who previously borrowed 66,000 ETH has fully repaid the loan, deposited USDC into an exchange, and withdrawn 34,155 ETH (approximately $111.6 million) from an exchange, suspected to be buying the dip. · A newly created wallet has withdrawn 10,000 ETH from an exchange, worth about $32.72 million, suspected to belong to Bitmine.
- 00:10Clearstream, the post-trade division of Deutsche Börse, launches D7 DLT tokenization platformJinse Finance reported that Clearstream, the post-trade division of Deutsche Börse, launched its D7 platform four years ago. The initial version, called D7 Digital, is a centralized system and has been used for issuances totaling approximately 44 billion euros, mainly for digital bonds and structured products. Now, Clearstream has officially launched its tokenization platform based on distributed ledger technology (DLT)—D7 DLT. The biggest difference from D7 Digital is that it operates on distributed technologies such as blockchain. Since Clearstream is a Central Securities Depository (CSD), the issuance on D7 DLT complies with CSDR regulatory requirements. By integrating with the CSD, even investors who have not yet adopted DLT technology can participate in these issuances. For institutions that have already adopted DLT, the platform can also connect to the compliant DLT trading platform 360X, in which Deutsche Börse holds a partial stake.
- 00:09Sequans sells 970 bitcoins to reduce debt, stock price plunges 16%Jinse Finance reported that semiconductor company Sequans sold 30% of its bitcoin holdings to redeem half of its convertible debt, an action the company described as a "strategic asset reallocation." Following the news, the company's stock price fell by more than 16%. Sequans CEO Georges Karam stated on Tuesday: "Our bitcoin reserve strategy and strong conviction in bitcoin remain unchanged. This transaction is a tactical decision made in light of the current market environment to unlock shareholder value." This sale reduced the company's bitcoin holdings from 3,234 to 2,264, deviating from its goal of accumulating 100,000 bitcoins over the next five years. The proceeds from the sale were used to reduce the company's outstanding debt from $189 million to $94.5 million.