Odaily News Paypal (PYPL.O) CEO said that he is creating real stablecoin use cases for customers. (Jinshi)

Odaily News The U.S. Department of Justice announced that a Nigerian citizen, Charles Uchenna Nwadavid, admitted yesterday in the Boston Federal Court to participating in a "pig killing" case with six victims and more than $2.5 million involved. The funds have been transferred to a cryptocurrency account controlled by Charles Uchenna Nwadavid. He admitted to mail fraud, aiding and abetting money laundering, and money laundering.

Odaily News According to @ai_9684xtpa, as the $ETH position turned from loss to profit, the "insider" increased his short position to $246 million an hour ago, and the current overall floating profit is $1.094 million. BTC 40x short position: 1,400 positions, worth $150 million, opening price $106,808ETH 25x short position: 40,000 positions, worth $96.89 million, opening price $2,454.91

Odaily News Morgan Stanley estimated on Thursday that the Federal Reserve's plan to relax leverage rules could free up $185 billion in capital and unlock nearly $6 trillion in balance sheet capacity. The Federal Reserve on Wednesday unveiled a proposal to revise the capital requirements of large global banks for relatively low-risk assets to boost participation in the U.S. Treasury market. The Fed voted 5 to 2 to approve the plan, which is the first batch of possible deregulatory measures under the leadership of Bowman, the Fed's new vice chairman for supervision. The proposal would reform the so-called "enhanced supplementary leverage ratio" so that the amount of capital banks must set aside is directly linked to the role they play in the global financial system. (Jinshi)

Odaily News Coinglass data shows that in the past hour, the entire network had a liquidation of US$20.8039 million, of which US$19.6634 million were long positions and US$1.1405 million were short positions.

Odaily News OKX market data shows that BTC fell below 107,000 USDT and is now at 106,948.2 USDT, a 24-hour drop of 0.82%. (This newsletter is generated with the assistance of AI)