Today
2025/07/15

PENGU Token Surges Over 100%, Pudgy Penguins NFT Floor Price Up 50% in Past Week

Gate News bot message, PENGU token recorded substantial gains in the past seven days, with its value reaching $0.031, marking a more than 100% increase. Simultaneously, the Pudgy Penguins NFT collection demonstrated strong performance, with its floor price climbing 50% during the same period.
More
  • 1

Trump: The federal funds Intrerest Rate should be dropped immediately.

Odaily News The President of the United States, Trump, stated that consumer prices are sluggish and the federal funds interest rate should be dropped immediately. Trump previously posted on social media: "Just reached a great protocol with Indonesia, beneficial for all parties. I negotiated directly with their president. Details will be announced later." (Jin10)
More

Meirui touches 0.8

Jin10 data reported on July 15 that the USD/CHF reached up to 0.80, rising 0.32% during the day.
More

The Bitcoin project Roxom plans to launch a securities exchange priced in BTC.

Odaily News Bitcoin project Roxom plans to launch a BTC-based exchange, expected to go live in September. Currently, a waiting list is open for early access. It is reported that the exchange will allow the purchase and sale of stocks in companies holding large amounts of Bitcoin (such as Strategy and Metaplanet) priced in BTC. (CoinDesk)
More

Pound against the US Dollar falls below 1.34

Jin10 data reported on July 15, the GBP/USD fell below 1.34, hitting a new low since June 23, with a daily drop of 0.20%.
More

Egypt, Qatar, and Israel discuss issues related to aid supplies entering Gaza and other matters.

On July 15, Jin10 reported that on the 15th local time, Egypt, Qatar, and Israel held a meeting in Cairo to discuss details related to humanitarian aid supplies entering Gaza, the evacuation of patients, and the return of stranded individuals. The meeting made progress and reached a consensus on several issues related to the humanitarian clauses in the ceasefire protocol. This Cairo meeting is part of Egypt's efforts to achieve a ceasefire in Gaza and will last for two days.
More

Ripple confirms its intention to apply for a MiCA license to expand in the EU

Ripple plans to apply for a license under the EU's Markets in Crypto-Assets (MiCA) regulation to expand its market opportunities in Europe and has registered a related company in Luxembourg. This move demonstrates Ripple's commitment to the European market.
More

Public company FRNT Financial is conducting a private sale of 2 million CAD to launch a spot Bitcoin reserve program.

PANews, July 15, news, according to the official announcement, Canadian listed company FRNT Financial Inc is conducting a private sale to raise 2 million CAD at a price of 0.4 CAD per share to launch a Spot Bitcoin reserve plan.
More

ETH broke through 3050 USDT

Gate News bot message, Gate market shows, ETH breaks 3050 USDT, current price 3050.14 USDT.
More

The Core Foundation has launched the on-chain revenue sharing mechanism Rev+

Odaily News Core Foundation officially launched the protocol layer on-chain revenue sharing mechanism Rev+, providing continuous incentives for developers, stablecoin issuers, and decentralized organizations. Rev+ allows project parties and stablecoin issuers to earn stable income from on-chain transactions and distribute Gas fees based on volume, address activity, and other contributions.
More
  • 1

GameStop CEO: Buying BTC for hedging against inflation, will not mimic Strategy

Odaily News GameStop CEO Ryan Cohen stated in an interview with CNBC that the company will not follow the Strategy model but has its own unique strategy. Currently, GameStop has a very strong balance sheet with over $9 billion in cash and securities, and the previous purchase of 4,710 BTC was merely to view Bitcoin as a tool for hedging against inflation and global money printing. (CNBC)
More
  • 1

Economists: The impact of tariffs on inflation is not as significant as imagined.

Jin10 data reported on July 15, Wisconsin economist Brian Jacobsen stated: "The impact of tariffs has been reflected in the data, but it has not been as destructive as many are concerned. Prices for appliances, household equipment, and furniture have risen nearly 2%, but these categories only make up about 1% of the Consumer Price Index. Services account for the bulk of the consumption basket, and there are currently almost no signs that service inflation is accelerating. Rent has risen by 0.2%, while prices for non-household accommodations have fallen by 2.9%. This does not mean that tariffs are insignificant; rather, their impact on inflation, both in terms of magnitude and mechanism, is not as great as many are worried about."
More
  • 1

The market reacted calmly to the U.S. threat of sanctions against Russia.

According to Jin10 data on July 15, crude oil futures prices fell, and the market reacted mildly to the U.S. threat to sanction Russia. The reason is that Trump set a 50-day deadline for Russia to reach an agreement with Ukraine, and the latest tariff threat takes effect on August 1. Ritterbusch stated in a report: "Currently, tariff factors are basically on hold before August 1, and possible sanctions are also largely temporarily shelved." The company added, "Given the significant uncertainty surrounding Trump's tariff and sanction strategy, range-bound price fluctuations like yesterday may continue for the remainder of this month."
More

Both China and Australia look forward to holding diplomatic and strategic dialogues and a ministerial economic joint committee in China in 2025.

Jin10 Data, July 15 - The joint outcome statement of the annual meeting between the Prime Ministers of China and Australia has been released. The statement indicates that both sides acknowledge the importance of regular contact among the leaders, ministers, and officials at all levels of both countries to support the continuous and stable development of bilateral relations. They welcome the resumption of the fourth China-Australia Strategic Economic Dialogue in September 2024 following the last annual meeting of the Prime Ministers in June 2024, and they welcome the Australian side hosting the next dialogue within the year. Both sides look forward to holding diplomatic and strategic dialogues and a ministerial-level economic joint committee in China in 2025.
More

Fed spokesperson: Today's CPI report has the characteristic of being "open to interpretation".

Jin10 data reported on July 15, "Fed mouthpiece" Nick Timiraos commented on the U.S. June CPI data: today's CPI report has the characteristic of "you can choose your own interpretation angle." The core CPI rose 0.23% month-on-month in June, which is exactly the median of the monthly increases in core CPI over the past 12 months (that is to say, there were 6 months above this level and 6 months below this level). This number is slightly moderate, a bit lower than some forecasters' expectations. But the key point is that most forecasters believe that the more obvious tariff effects will be seen in July and August, while the performance of commodity prices in June was relatively stronger. Therefore, if you originally thought that the price impact driven by tariffs was still to come, this report will not change your view. Similarly, if you initially believed that the transmission of inflation would be slower and the impact smaller, then this report will not shake your original judgment.
More

Trump will deliver an important speech next week regarding the United States' artificial intelligence plan.

Jin10 reported on July 15 that, according to foreign media, Trump plans to deliver an important speech on artificial intelligence next week, outlining his vision for ensuring that the United States maintains its leading position in the field of artificial intelligence. A government official revealed in advance that Trump is scheduled to speak at an event called "Winning the AI Race" on July 23. At the time of this speech, the Trump administration is finalizing an artificial intelligence action plan. This policy directive was ordered by Trump shortly after taking office in January. Another informed source said that after the plan is released, Trump is expected to sign an executive order to implement the relevant policies. Trump showed an early interest in artificial intelligence during his campaign, promising to unleash the innovative potential of artificial intelligence by eliminating what he called the "overly burdensome regulations" of his predecessor.
More
  • 2

BTC breaks through 118000 USDT

Gate News bot message, Gate market shows BTC breaking 118000 USDT, current price 118002.4 USDT.
More

Strategist: The Fed's decision to stay put is a wise move.

Jin10 data reported on July 15, Chief Global Strategist Seema Shah of Security Asset Management stated that the rising prices of household furniture, entertainment products, and clothing indicate that tariffs are gradually seeping into the prices of core goods. She mentioned that the full impact of tariffs will take months to reflect in inflation data. She added, "Although the inflation rise caused by tariffs may be short-term, it would be wise for the Fed to remain on hold for at least the next few months given that higher tariffs have been announced."
More

The prices of American goods that rely heavily on imports rose significantly in June.

Jin10 data reports on July 15 that for some products that heavily rely on foreign Supply Chain, inflation accelerated in June. According to data from the U.S. Bureau of Labor Statistics, prices for recreational goods rose by 0.8% last month, higher than the 0.4% increase in April and May. Following increases of 0.2% and 0.3% in April and May respectively, prices for household goods rose by 1%. Clothing prices rose by 0.4%, after declining in the previous two months. Economists have been following these categories to look for signs of tariff impacts.
More

Goldman Sachs: The potential inflation in the United States remains relatively mild.

On July 15, Jin10 reported that Kay Haigh, Global Co-Head of Fixed Income and Liquidity Solutions at Goldman Sachs, stated: "Although the consumer price index released today shows some early signs of tariff impacts, overall, underlying inflation remains relatively mild. However, price pressures are expected to intensify during the summer, and the CPI reports for July and August will be important hurdles to cross. Currently, the Fed is still in a wait-and-see mode. But if underlying inflation continues to remain mild, the possibility of the Fed restarting the rate cut cycle in the fall still exists."
More

Market news: Trump plans to deliver a speech on artificial intelligence on July 23.

Odaily News According to market news: Trump officials are preparing to release an artificial intelligence action plan this month, and Trump plans to deliver a speech on artificial intelligence on July 23. (Jin10)
More

Morgan Stanley: Raises target price for Robinhood Markets to $110

Odaily News Morgan Stanley announced that it has raised the target price for Robinhood Markets from $43 per share to $110. (Jin10)
More

NYSE Arca: ProShares' futures-based XRP ETF has been approved.

Odaily News NYSE Arca Arca announced that ProShares' futures-based XRP exchange-traded fund has been approved for listing on the platform. It is currently unclear when UXRP will begin trading, but many speculate it could start as early as this week. ProShares Ultra XRP ETF (abbreviated as UXRP) is a futures-based investment vehicle. (The
More

JPMorgan CEO: We will participate in the business related to stablecoins and JPMorgan deposit coins.

Golden Finance reports that JPMorgan Chase (JPM.N) CEO Jamie Dimon: We will participate in stablecoin and JPMorgan deposit coin related businesses.
More

International Netherlands: France's spending cut plan failing may put pressure on the euro

Jin10 data reported on July 15, analysts from ING stated in a report that if French Prime Minister Borne fails to reduce the budget deficit through spending cuts, the euro could face pressure. Borne is expected to announce a cut of 40 billion euros in spending in a fiscal consolidation plan to be unveiled later. We need to closely follow the movements of French government bonds, as a failure of the spending cut plan (similar to the recent situation in the UK) seems likely to harm local fixed income products and the forex market. The recent policy reversal by the UK government on welfare reforms has raised new concerns about its fiscal situation, leading to a significant fall in UK bonds and the pound.
More

USD/JPY has risen above the 148 level.

Golden Finance reports that the USD/JPY exchange rate has risen above the 148 mark, reaching a new high since June 23, with an intraday rise of 0.18%.
More

ProShares has launched an ETF aimed at achieving 2x daily returns for SOL and XRP.

BlockBeats news, on July 15, according to market news, ProShares has launched an ETF aimed at achieving 2x intraday returns for SOL and XRP.
More
  • 1

ETH breaks through 3000 USDT

Gate News bot message, Gate market shows that ETH has broken through 3000 USDT, current price 3001 USDT.
More

The core CPI year-on-year in the U.S. for June is 2.9% unadjusted, and the month-on-month core CPI is 0.2% adjusted.

PANews, July 15 news, according to Jin10 reports, the U.S. June unadjusted core CPI year-on-year rate is 2.9%, expected 3.00%, previous value 2.80%. The annualized CPI for the US in June, not seasonally adjusted, is 2.7%, with an expectation of 2.70% and a previous value of 2.40%. The seasonally adjusted core CPI in the U.S. for June is 0.2%, expected 0.30%, previous value 0.10%. The U.S. June seasonally adjusted CPI monthly rate is 0.3%, expected at 0.30%, previous value 0.10%.
More
  • 1
  • 3

ProShares launched SOL and XRP double-leveraged ETF products

Gate News bot message, financial service provider ProShares officially announced the launch of two new exchange-traded funds (ETF) products, which respectively track the daily double returns of Solana (SOL) and XRP. According to public information, the total market value reference data for these two new ETFs shows that the current market value of SOL is approximately $85.366 billion and the market value of XRP is approximately $171.22 billion. Gate News bot message, Financial service provider ProShares has officially announced the launch of two new Exchange-Traded Funds (ETFs) designed to
More

JPMorgan: Dollar-denominated corporate bonds are expected to continue performing well in the short term.

Jin10 Data, July 15 - Strategists at JPMorgan stated in a report that dollar-denominated corporate bonds are expected to continue their recent strong performance in the short term. The strategists noted that due to tariffs, the U.S. economy is expected to slow slightly, but this is unlikely to harm corporate financial conditions. In the absence of an actual economic recession, it will be difficult to see any factors that could shake the market in the short term.
More

World Gold Council: In the first half of the year, gold maintained a record speed of rise, with a price increase of 26% in US dollars.

Odaily News The World Gold Council released the 2025 Mid-Year Outlook Report, indicating that gold continues to maintain record speeds, rising 26% in US dollars in the first half of 2025, with returns in various currencies reaching double digits. The weak dollar, interest rates in a range, and a highly uncertain geopolitical environment have led to strong investment demand. (Jin10)
More

Canadian listed company Red Light Holland announced the implementation of a Bitcoin balance sheet strategy.

PANews, July 15 news, according to an official announcement, Canadian listed company Red Light Holland announced the implementation of a Bitcoin balance sheet strategy and appointed Scott Melker as the chief Crypto Assets advisor.
More
  • 1
  • 2

DERPY rose 916.40% after launching Alpha, current price 0.000712 USDT

Gate News bot news, Gate market shows that since the launch of Alpha, DERPY has risen by 916.40%, current price 0.000712 USDT.
More

Strategy: Currently holding 3% of the total circulating Bitcoin.

BlockBeats news, on July 15, Strategy (MSTR) officially stated that it currently holds 3% of the total circulating Bitcoin supply. According to previous reports, as of July 14, Strategy held 601,550 Bitcoins, with a holdings value of approximately 7.16 billion dollars.
More

C rose 102.66% after the Alpha launch, current price 0.25493 USDT

Gate News bot message, Gate market shows that since the launch of Alpha, C has risen by 102.66%, current price 0.25493 USDT.
More

BlackRock quarterly report: Bitcoin ETF inflows surged 366% in the second quarter

BlackRock released its quarterly financial report, showing a 366% surge in inflows for the Bitcoin ETF IBIT in the second quarter, reaching $14 billion, with Crypto Assets accounting for 16.5% of ETF inflows. However, total inflows decreased by 19%, from $84 billion to $68 billion.
More

International Netherlands: The recent fall of the pound against the euro may continue.

Jin10 data reported on July 15 that analysts from ING stated in a report that, given that the UK may accelerate its pace of interest rate cuts, the recent fall of the British pound against the euro may continue. The analysts mentioned that Bank of England Governor Bailey may reiterate in his upcoming speech that if the labor market deteriorates, more aggressive rate cuts cannot be ruled out. Data from the London Stock Exchange Group shows that the UK money market believes there is nearly an 89% chance of a rate cut in August. ING expects that the euro may rise to 0.88 against the pound in the coming quarters.
More

Early Ethereum ICO Participant Moves $14.6M Worth of ETH to Centralized Exchange

Gate News bot message, a significant movement of Ethereum tokens has been recorded from an early ICO participant's wallet. According to data from Nansen, the participant has transferred 4,900.5 ETH, valued at approximately $14.6 million, to a centralized exchange. The wallet address 0xa8c725bf5edae
More

U.S. Treasury Secretary: The formal process for Powell's successor has begun.

Golden Finance reports that U.S. Treasury Secretary Basant: The official procedure for the successor to Fed Chairman Powell has been initiated, and the selection will proceed at Trump’s pace. There are many rumors about the "shadow Fed chairman," which will create confusion. If the former Fed chairman continues to hold office, it will be perplexing.
More

Bitcoin mining company MARA leads a $20 million equity financing for Two Prime to enhance BTC yield strategies.

Bitcoin mining company Marathon Digital led a $20 million financing round for Two Prime, increasing its Bitcoin position from 500 to 2,000 coins, worth approximately $234 million. This move aims to turn Bitcoin into an active income-generating tool.
More

Bitcoin Spot ETF Inflows Set New Record

Gate News bot message, data shows that Bitcoin spot ETFs have achieved a new all-time high in cumulative inflows. This upward trend coincides with increased buying pressure on the market, as BTC's price continues to move upward. The sustained inflow into Bitcoin spot ETF products demonstrates strong
More

Trusta opens the Address binding channel, Airdrop warm-up in progress.

Trusta announced the launch of the address binding event. Addresses that participated in its activities on TON and Starknet need to bind their EVM addresses from July 15 to 19, 2025, expected to be related to the Trusta TGE and Airdrop rewards.
More

Chu Tianlong: The company actively explores and promotes the implementation scenarios of Digital Money bridge projects, but faces risks of new technology research and development and commercial applications not meeting expectations.

Golden Finance reports that Chutianlong has issued a notice of abnormal fluctuations, with the company's stock closing price rising by more than 20% over two consecutive trading days. The company has noted the recent high market attention on the digital renminbi. In recent years, the company has actively explored and promoted the landing of digital money bridge scenarios, smart contracts design, and cross-border settlement optimization projects. However, it faces risks of new technology research and development and business applications not meeting expectations. Some projects or products still have significant uncertainty in application scenarios and market scale, posing a risk of business applications not meeting expectations. The company solemnly reminds investors to make prudent decisions and invest rationally.
More

Chutianlong: The company is actively exploring and promoting projects such as the landing scenarios of Digital Money bridges, but faces risks of new technology research and development and commercial applications not meeting expectations.

Jin10 reported on July 15 that Chutianlong issued a notice of abnormality, stating that the company's stock has seen a cumulative rise of over 20% in its closing price over two consecutive trading days. The company has noticed that there is a high level of market attention towards the digital renminbi recently. In recent years, the company has actively explored and promoted the implementation of projects related to digital money bridges, smart contracts design, and cross-border settlement optimization. However, it faces risks related to the research and development of new technologies and the commercial applications not meeting expectations. Some projects or products have significant uncertainties regarding their application scenarios and market scale, and there is a risk of commercial applications not meeting expectations. The company solemnly reminds investors to make prudent decisions and invest rationally.
More

The proposal for "SOON token burning and buyback plan" is now open for community voting.

BlockBeats reported that on July 15, SOON tweeted that the proposal for the token burning and buyback plan regarding the potential market manipulation on July 5 has gone live. SOON holders can now participate in the voting, which will end in 46 hours. The specifics of the proposal state that the SOON Foundation proposes to burn 30 million tokens (3% of the total supply): of these, 7.7 million come from unclaimed airdrops, and 22.3 million will be burned through buyback.
More

In the past 24 hours, Solana on-chain market: TRUMP market capitalization reached 9.13 billion USD, and PUMP had the highest trading volume.

According to GMGN data, on July 15th, the top five Solana on-chain token market capitalizations are TRUMP, PUMP, Bonk, PENGU, and RAY. The top five by trading volume are PUMP, TRUMP, PEPENGU, Fartcoin, and Ani. Investors should be aware of the risks and price fluctuations of Meme coins.
More

JPMorgan Chase (JPM.N) had assets under management of $4.3 trillion in Q2 2025.

Golden Finance reports that JPMorgan Chase (JPM.N) will manage assets totaling $4.3 trillion by Q2 2025.
More

The NYSE approved ProShares Ultra XRP ETF

Odaily News The New York Stock Exchange has approved the ProShares Ultra XRP ETF (code: UXRP). (Cointelegraph)
More
  • 2

Function completed a $10 million seed round of financing, led by Galaxy Digital.

Odaily News Encryption infrastructure company Function announced the completion of a $10 million seed round financing, led by Galaxy Digital, with participation from Antalpha and Mantle. Function (formerly known as Ignition) is committed to introducing institutional-grade yields for Bitcoin, and its flagship product FBTC is a fully reserved, composable representation of Bitcoin, with a total lock-up position (TVL) currently reaching $1.5 billion. Function indicates that FBTC can serve as an efficient entry point for institutions and corporate treasuries to deploy Bitcoin, while maintaining full custody control and 1:1 asset backing. Galaxy will act as an investor and core contributor, providing liquidity, governance, and risk framework design support for FBTC. Function CEO
More

ARK releases the DeFAI narrative, opening a new chapter in on-chain civilization.

ARK officially proposed the "DeFAI" narrative, constructing an on-chain civilization protocol centered on logic-driven and model governance, launching five major economic modules and the modular social system "ARKLand", aimed at achieving a self-evolving decentralized economy, supported and followed by multiple parties.
More

BITTY rose 1853.08% after the Alpha launch, current price 0.0013458 USDT

Gate News bot message, Gate market shows that since the launch of Alpha, BITTY has risen by 1853.08%, current price 0.0013458 USDT.
More

Crypto Trader James Wynn Takes 40x Leveraged BTC Position on Hyperliquid

Gate News bot message, crypto trader James Wynn has made a significant move in the cryptocurrency market by depositing 468,000 USDC into Hyperliquid. Wynn established a 40x leveraged long position on Bitcoin with a liquidation price set at $115,570. This trading activity follows his earlier engagem
More
  • 1

Vitalik: L2 should fully leverage L1 capabilities, balancing trust minimization and efficiency.

Ethereum founder Vitalik pointed out in a post that the best way to build L2 is to fully leverage the security and other capabilities of L1, simplifying the logic to sorters and provers to achieve minimal trust and efficiency. This goal is realized through Ethereum's L2 solutions, and some successful cases indicate that L1 can effectively protect the rights and interests of L2 users.
More

Aqua1 denies association with Web3port: the team operates independently, Dave Lee joined as co-founder and CEO in April.

PANews, July 15th news, Aqua1 Foundation issued a statement in response to recent rumors about its team and operations. The statement said that Dave Lee joined Aqua1 as a co-founder and CEO in April 2025, and is highly aligned with the team's long-term vision. Aqua1 emphasized its independent operation, with no equity, financial, or operational ties to any unrelated entities. The team is collaborating with institutions in the Middle East to advance projects, but some details have not been disclosed due to Compliance requirements. According to previous news, Aqua invested 100 million USD in WLFI governance tokens.
More

The listed company Active Energy announced the purchase of its first batch of Bitcoin, with the specific amount undisclosed.

PANews July 15 news, according to official news, renewable energy company Active Energy (AIM: AEG, OTCQB: ATGVF) announced the implementation of its digital asset fund management policy and has completed its first digital asset allocation, purchasing Bitcoin. However, the specific amount purchased has not been disclosed. Previously, the company raised £346,000 ($472,000), and its policy allows for a maximum of 30% of liquidity reserves to be invested in digital assets (70% invested in BTC).
More

RWA gamified incubation platform Gold Diggers announces that it will officially launch soon.

ChainCatcher news, the RWA gamification incubation platform Gold Diggers announces its official launch soon. It is reported that Gold Diggers is a Web3 infrastructure platform that aggregates real assets such as oil, gold, and new energy as underlying support.
More

Trump privately encouraged Ukraine to increase deep strikes against Russia and inquired whether it could attack Moscow.

Trump privately encouraged Ukraine to intensify its strikes against Russia, asking if an attack on Moscow could be possible if the U.S. provided long-range weapons. This conversation took place on July 4 and reflects his dissatisfaction with Putin's refusal to engage in ceasefire negotiations, leading to the U.S. submitting a list of weapons to Ukraine.
More
  • 1

Grvt launches the first compliance on-chain peer-to-peer investment strategy marketplace, ushering in an era of professional investment accessible to retail investors.

BlockBeats news, on July 15, the licensed on-chain derivatives trading exchange Grvt announced the official launch of "Grvt Strategies", marking the debut of the world's first compliant on-chain peer-to-peer (P2P) investment strategy marketplace. For the first time, ordinary users can directly participate in strategy investments managed by institutional funds, market makers, and top traders, breaking the traditional high-threshold barriers. All strategies operate on the Blockchain, utilizing a non-custodial mechanism and smart contracts for automated management, ensuring that the flow of funds is fully transparent and executed reliably without intermediaries. Users can start investing from any amount, participating in a range of.
More

Arcadia was attacked again, and approximately 1 million dollars were transferred by the attackers.

PANews, July 15 news, according to Cyvers Alerts monitoring, the Arcadia Finance attacker has just stolen approximately $1 million from the protocol again through multiple transactions.
More
  • 1

VELVET and C Perptual Futures are listed on Gate, supporting up to 20x leverage for go long and shorting.

Gate News bot news, according to the official Gate announcement on July 15, 2025: Gate has launched the spot trading for the perpetual contracts of VELVET and C, with contracts settled in USDT. These two newly launched perpetual contracts support 1-20x leverage trading, allowing users to go long or short. The funding rate settlement frequency for the contracts is set to every 4 hours.
More
  • 2

Efan Micro: The company does not have a Jiangyin base and has not cooperated with Changxin Storage to develop LPDDR5 products.

Jin10 reported on July 15 that some investors asked questions, stating that some self-media reported that the company plans to produce 200 million automotive-grade chips annually at the Jiangyin base. The company is cooperating with Changxin Storage to develop LPDDR5 products. Is there any truth to the above rumors? Yingfang Micro responded on the interactive platform that the company does not have a Jiangyin base and has not cooperated with Changxin Storage to develop.
More
  • 1
  • 1

The South Korean court ruled the former CEO of Wemade not guilty in the Wemix manipulation case.

PANews, July 15 news, according to South Korean media News1, the Southern District Court of Seoul has acquitted former Wemade CEO Jang Hyun-guk, finding no evidence that he intentionally manipulated the market price of WEMIX Crypto Assets through fraudulent means. It is reported that the prosecution accused Jang Hyun-guk of falsely announcing the cessation of WEMIX Token liquidation to stabilize prices and induce investor confidence, but the court found a lack of clear evidence to prove his intent to manipulate the market. WEMIX Token has fallen 97% since its historical high, now priced at $0.63. The prosecution can still appeal the decision.
More
  • 2

Slinje: Shareholders holding more than 5% terminate the reduction plan early.

Jin10 reported on July 15 that Silin Jie announced that Hengqin Qichuang Tianrui Investment Enterprise (Limited Partnership) holds 4.7995 million shares of the company, accounting for 7.20% of the company's total share capital. Qichuang Tianrui has decided to terminate the share reduction plan ahead of schedule, which has not yet started implementation. The original plan was to reduce the shareholding by no more than 3%.
More
  • 1
  • 1