DeepFlowTech

Deep Tide TechFlow News, March 7 — During a press conference on the economic topics at the Fourth Session of the 14th National People's Congress, People's Bank of China Governor Pan Gongsheng stated that over the past year, overall, the financial risks in key areas of our country have been orderly resolved, the financial system and financial markets have operated smoothly, and risks in key areas have continued to converge. The People's Bank of China, together with relevant departments, maintains a high-pressure crackdown on illegal financial activities such as illegal fundraising, virtual curr

Deep Tide TechFlow News, March 7th, NYSE American, a subsidiary of the New York Stock Exchange, announced that Hyperscale Data's Bitcoin treasury holdings have increased to 610.9188 BTC, with a total market value of approximately $40 million. Among them, its wholly owned subsidiary Sentinum holds 564.7252 BTC (including about 440.2341 BTC purchased on the open market, approximately 124.4912 BTC obtained through its Bitcoin mining operations, and another subsidiary ACG has purchased about 46.1935 BTC from the open market). Its goal is to reach a Bitcoin asset value of $100 million on its balanc

Deep Tide TechFlow News, March 7th, according to Jinshi Data reports, sources in the United States said that U.S. President Trump privately expressed a "strong interest" in deploying ground troops in Iran. The sources stated that Trump had discussed the idea of deploying ground forces to Iran with aides and Republican officials. Trump showed a strong interest in the idea, but the focus of the related plans was not on "a large-scale ground invasion of Iran," but rather on "sending a small-scale U.S. military force to achieve specific strategic objectives." The sources also said that Trump has n

Deep Tide TechFlow News, March 7, according to The Block, Coinbase Prime announced the launch of a unified cross-margin feature, supporting cross-asset collateral sharing between spot and derivatives markets, and providing 24/7 trading services covering over 20 futures and perpetual contracts through its CFTC-regulated subsidiary.

Deep Tide TechFlow News, March 7th, according to Blockspace reports, Bitcoin mining company Cathedra Bitcoin announced a merger agreement with technology company Sphere 3D through a stock-for-stock transaction. After the merger, the new company will retain the Sphere 3D name and NASDAQ listing status, and will continue operating five data centers in Tennessee, Kentucky, and Iowa with a total capacity of 53 MW and Bitcoin mining infrastructure of 1.2 EH/s. It is reported that Cathedra Bitcoin shareholders will receive 49% of the issued shares after the merger, with future plans to expand to a 1

Deep Tide TechFlow News, March 7, Nasdaq-listed Solana treasury company DeFi Development announced plans to launch a dividend-bearing stablecoin after strategically investing in the stablecoin protocol development project Apyx, aiming to introduce transparent earnings into the stablecoin market. It is reported that the two parties also discussed tokenomics, valuation framework, development roadmap, and how to utilize the Digital Asset Treasury (DAT) dividend preferred shares.

Deep Tide TechFlow News, March 07, the U.S. Commodity Futures Trading Commission (CFTC) today unveiled a new logo, stating that it symbolizes the agency's commitment to uphold traditional missions while driving market innovation into a "Golden Age." Currently, the U.S. Commodity Futures Trading Commission has displayed this new logo on its official website and emphasized its continued support for innovative development.

Deep Tide TechFlow News, March 7th, China Central Bank: China's gold reserves at the end of February were 74.22 million ounces (approximately 2,308.5 tons), an increase of 30,000 ounces (about 0.93 tons) compared to the previous month. At the end of January, reserves were 74.19 million ounces (approximately 2,307.567 tons), marking the 16th consecutive month of gold accumulation. (Jin10)

Deep Tide TechFlow News, March 7th, according to Decrypt, Nevin Shetty, a 42-year-old man from Washington State, USA, secretly transferred $35 million of company funds into his own DeFi platform HighTower Treasury while serving as CFO of a private software company. He invested in high-yield lending protocols, but the funds were nearly wiped out after the Terra collapse in May 2022. The incident led to 60 layoffs and almost caused the company to go bankrupt. Shetty was convicted of four counts of telecommunications fraud, sentenced to two years in prison, ordered to pay $35 million in restituti

Deep Tide TechFlow News, March 7, According to The Block, Chicago-based crypto trading and lending company BlockFills has sought restructuring advice from consulting firm BRG after suspending customer deposits and withdrawals, and appointed BRG's Mark Renzi as "Chief Transformation Officer." Previously, a federal judge issued a temporary restraining order against the company following allegations of mismanagement of funds by client Dominion Capital.

Deep Tide TechFlow News, March 7th, regarding Curve Finance's accusation that PancakeSwap appears to have used Stableswap code without permission and borrowed security practices to protect user funds, violating its open-source license agreement, PancakeSwap issued a statement saying it will directly contact the Curve Finance team to discuss this matter.

Deep Tide TechFlow News, March 7th, on the X platform, on-chain analysis platform Arkham posted that an address associated with Sun Yuchen recently deposited $250 million into sUSDS. The total amount of sUSDS tokens held by this address now exceeds $880 million. It is estimated that this address can earn approximately $35 million in annual revenue.