Odaily News According to Onchain Lens, before the AURA price rose sharply, a trader spent $66,000 to buy 19.17 million AURA, and then sold 3.06 million AURA at $56,800, while transferring 95,000 AURA to other wallets. Currently, the AURA held by this whale is worth more than $2 million.

Odaily News The Securities and Futures Commission of Hong Kong today launched a consultation aimed at restricting unregulated institutions from inappropriately adopting names that may cause the public to mistakenly believe that they are regulated institutions. In this regard, in line with recent developments, the SFC proposed to expand the existing list of restricted titles under the Securities and Futures Ordinance. In addition, the proposal will extend the scope of restrictions to common words with similar meanings to "exchanges" and words that refer to certain financial products and platforms regulated by the Securities and Futures Ordinance. The proposal will also cover titles that may imply an association with existing exchanges, virtual asset trading platforms and other similar institutions. (Jinshi)

Odaily News Tencent Holdings Ltd. is studying a potential deal to acquire South Korean game company Nexon, and has contacted the family of Nexon's late founder Kim Jong-joo to discuss the possibility of an acquisition, Bloomberg News reported, citing people familiar with the matter. The Kim family is reportedly discussing and evaluating various options with advisers. People familiar with the matter said it is unclear how willing NXC is to sell its stake in Nexon, and there is no guarantee that Tencent's negotiations will lead to a deal, and the specific transaction structure has not yet been finalized. A Tencent representative did not respond to a request for comment, and both Nexon and NXC declined to comment. It is reported that Nexon, which is famous for role-playing games such as MapleStory, was founded in 1994 and completed the largest technology IPO in Japan at the time in 2011. Its Tokyo-listed shares have risen more than 10% this year, with a market value of approximately $15 billion. Tencent tried unsuccessfully to acquire Nexon in 2019, and the two had jointly developed Tencent's important revenue-generating game Dungeon & Warriors.

Odaily News According to official news, Binance Wallet will launch the SGC exclusive TGE from 4:00 to 6:00 pm (UTC+8) on June 13, 2025. Subscription qualifications: Eligible users must use Binance Alpha points to participate; An additional 300,000,000 SGC will be used for future activities, and specific details will be announced separately.

Odaily News Trump is poised to sign a key part of a US-UK trade deal that would reduce tariffs on British cars exported to the US in exchange for access to the UK market for US beef and ethanol producers. The "cars for agriculture" deal comes more than a month after Trump and Starmer signed the five-page Economic Prosperity Agreement at a televised news conference in the Oval Office on May 8. British officials familiar with the negotiations said the two sides were still negotiating the part of the deal that Starmer said would give UK steelmakers zero-tariff access to the US. [Financial Times]

Odaily News U.S. President Donald Trump’s tariffs may have brought the Bank of Japan’s rate hike cycle to an end, and the likelihood of further increases is falling rapidly as exports are expected to take a hit, former Bank of Japan board member Takako Masai said on Thursday. Uncertainty over U.S. trade policy is causing huge disruptions to the global economy, which could hit Japan’s exports, output, wage growth and consumption, said Masai, who maintains close ties with current policymakers. U.S. auto tariffs are particularly damaging because of the huge role the auto industry plays in Japan’s economy. She said the “real test for the Japanese economy may come in 2026” because the impact of U.S. tariffs will begin to show in six to 12 months. “The Bank of Japan may not be able to raise interest rates for quite some time,” she said. (Jinshi Data APP)