The ether.fi Foundation announced on the X platform that in the coming days, there will be trades to transfer the locked Tokens of investors and core contributors to the escrow contract to ensure the security and transparency of the allocation.

In a letter to SEC Chairman Gary Gensler, U.S. Rep. Wiley Nickel said U.S. securities regulators had turned Crypto Assets regulation into "political football" and that its "open hostility" did not help President Joe Biden. Nickel claims this will prevent U.S. banks from massively escrow Crypto Assets exchange trading products, which creates "concentration risk" by handing more long control to non-bank entities.

Golden Ten Data on May 9, the China Consumers Association released the first quarter of the complaint hotspot on May 9, showing that gold sales irregularities are frequent. In the first quarter, the main complaints in the field of gold consumption were: First, the weight and material of gold sold by online shopping merchants did not match the publicity, and even forged brands and certification certificates to sell fake gold. Second, gold sales stores closed their doors and Rug pull, and consumers could not cash in when they bought "escrow" gold. Third, there are longest disputes over "fixed price" gold jewelry. The merchant deliberately did not inform the specific gram weight and redemption restrictions of gold jewelry, and the consumer bought it at a "fixed price", and calculated by gram when replacing it.

coin Thai authorities confiscated more than $550 long crypto mining equipment worth more than $5 million in a daring operation. The operation targeted two locations where mining equipment was hidden, one of which was inside the temple. The raid orchestrated by the Cybercrime Investigation Bureau and the Provincial Electricity Authority uncovered huge discrepancies in electricity consumption, suggesting illegal activity. The crackdown also resulted in the arrest of three persons responsible for managing the operations. The defendant admitted to importing the equipment from China and selling or leasing it in Thailand, including escrow services for charging monthly electricity bills.

Coin Network reports: Strike, a Bitcoin-focused app, will expand support on the European continent. Eligible European customers can purchase BTC through SEPA regional bank accounts. In addition, users can withdraw Bitcoin to escrow or any supported Wallet, and support P2P transfers and cross-border payments. CEO Jack Mallers said that Crypto Assets prices will continue to pump and are expected to reach $1 million. He himself has given up on dollar investments in favor of Bitcoin.

Ethena's (ENA) Critical Role in Bitcoin's Bull Run: Experts Identify Key Factors for Sustainable Growth The recent volatility in the Bitcoin (BTC) price and its difficulty consolidating above the $70,000 mark have raised questions about the sustainability of its ongoing bull market. However, market expert Charles Edwards, co-founder of Capriole Invest, believes that Ethena Labs (ENA), a decentralized finance (DeFi) protocol, could significantly prolong and propel the Bitcoin bull market to new heights. In a recent post published on the social media site X (formerly known as Twitter), Edwards said that Ethena's actions, such as limiting overleverage in the derivatives market and reducing spot supply, could push the price of Bitcoin higher for a longer period of time. To further explain why Edwards raised this possibility, on April 4, Ethena Labs announced its intention to engage in cash-and-carry transactions involving Bitcoin. According to the protocol's announcement, Ethena Labs can manage risk and provide more stable support for its products by buying and shorting Bitcoin. One of the key factors highlighted by Edwards is Ethena's ability to limit overleverage in the Bitcoin derivatives market. By doing so, Ethena aims to prevent excessive risk-taking and potential market instability. In addition, Ethena's removal of spot supply from the market could alleviate selling pressure, which could support Bitcoin's price and prolong the bull run. The protocol also states that the Bitcoin derivatives market offers superior scalability and liquidity compared to Ethereum (ETH). This feature reportedly makes Bitcoin a suitable asset for hedging against Delta, a risk management strategy employed by Ethena. Ethena has $25 billion of Bitcoin open interest available for Delta hedging, and its synthetic dollar product, USDe, has significantly increased its ability to scale. In its announcement, Ethena Labs noted the following: In just one year, open interest in BTC on major exchanges (excluding CME) has grown from $10 billion to $25 billion, while ETH OI has grown from $5 to $10 billion The BTC derivatives market is growing faster than ETH and offers better scalability and delta-hedged liquidity. While Edwards' statement was optimistic about Ethena's impact on Bitcoin's bull run, one user expressed concern about the potential negative effects. Edwards acknowledges that execution risks, such as escrow failures or Delta neutral failures, can have adverse effects. Edwards considers custody risk to be the most important risk in this situation. However, he stressed that any negative impact is likely to be short-lived, and market forces will ultimately determine Ethena's net annual yield (APY). In short, by limiting the over-leverage of the market in the future and reducing the spot supply, Ethena could significantly support the price of BTC and prolong the current bull run. Currently, the BTC price has fallen sharply, falling to the $68,800 level. This represents a 4.3% drop compared to Monday's price. At the same time, Ethena's native token, ENA, also followed the overall market downtrend, mirroring the price action of BTC, falling by 4%. Currently, ENA is trading at $1.22. (Source: Ronaldo Marquez)

Odaily Planet Daily News Immutable published an article about Immutable Nexus. Immutable Nexus ensures that games built on the Immutable chain (including Immutable zkEVM, dedicated zkEVM) get the best liquidity, security, and accessibility. It is reported that Immutable Nexus is an interconnected blockchain system consisting of the Immutable zkEVM chain and all dedicated zkEVM chains on Immutable. Each dedicated zkEVM chain will have the same technology stack as the Immutable zkEVM, but will offer unique customization options to meet the needs of specific game studios. These options include dedicated block space, the ability to configure native ERC-20 for payments and staking, and one-click blockchain escrow. In addition, Immutable Nexus will include a set of ecosystem partners and cross-chain liquidity services to ensure that these chains do not operate in silos, and that various games can share the network effects provided by Immutable. Its ecosystem partners (marketplaces, funding channels, etc.) will implement consistent functionality across chains and provide key services to the game to drive its economic development. Liquidity services, on the other hand, represent a set of APIs for transferring funds between all chains within the Immutable Nexus, allowing users to have a simple single balance in their wallets and enable fast transfers between chains.

According to Whale Alert, at 10:51 Beijing time, 500,000,000 XRP (worth $314,874,965) was unlocked from escrow.

According to Travis Hill, vice chairman of the Federal Deposit Insurance Corporation (FDIC), bank customers and the U.S. economy could lose opportunities if blockchain technology is not regulated in the right way. According to Hill, the tokenization of bank deposits and other real-world assets (RWAs) can make it possible to conduct financial transactions that are settled in real-time at any time. In addition, it will provide programmability of payments, which will allow for intraday repurchase (REPO) transactions and shorten settlement times for certain bond issuances and many others. Consumers can also benefit from using programmable payments instead of escrow. Hill noted that global standards are being established, directly or indirectly, and with many non-US jurisdictions actively involved in this area, the US is at risk of relinquishing influence at this critical stage. Hill said regulators need to provide guidance and maintain consistency so that deposits of any kind are treated equally. He criticized the US SEC's controversial Employee Accounting Bulletin 121 (SAB 121), which requires financial institutions to treat cryptoassets differently from any other type of asset. He said the definition of crypto assets used in the announcement was too broad and even included tokenized RWAs. （Cointelegraph）

PANews reported on March 12 that according to Cointelegraph, Travis Hill, vice chairman of the Federal Deposit Insurance Corporation (FDIC), said that if the method of regulating blockchain technology is improper, bank customers and the U.S. economy may lose opportunities, and the United States is already in danger, and the FDIC is responsible for it. The tokenization of bank deposits and other real-world assets (RWAs) can make it possible to conduct financial transactions that are settled in real-time at any time. In addition, it will provide programmability of payments, which will allow for intraday repurchase (REPO) transactions and shorten settlement times for certain bond issuances and many others. Consumers can also benefit from using programmable payments instead of escrow. Among the many open questions about tokenization, Hill mentioned the use of a unified ledger, the interoperability of blockchains, and the ownership of assets as they move across the blockchain. In addition, he said: "Global standards are being established, directly or indirectly, and with many non-US jurisdictions actively involved in this area, the United States is at risk of relinquishing influence at this critical stage." Hill believes regulators need to provide guidance and maintain consistency so that any form of deposit is treated equally. Hill criticized the U.S. Securities and Exchange Commission's (SEC) controversial Employee Accounting Bulletin 121 (SAB 121), which requires financial institutions to treat crypto assets differently from any other type of asset. He said the definition of crypto assets used in the announcement was too broad to include tokenized RWA.

According to the blockchain data tracking service Whale Alert, 100,000,000 XRP were locked in Ripple's escrow this morning, valued at approximately $59,486,782.

BlackRock today submitted further revisions to its S1 prospectus to U.S. SEC, Golden Finance reported. HOWEVER, A REVIEW OF THE DOCUMENT REVEALED THAT THERE APPEARED TO BE ONLY TWO MINOR CHANGES, SUGGESTING THAT THIS MAY BE THE LAST FILING BEFORE THE SEC MAKES A DECISION. Essentially, these two updates also ensure potential force majeure situations for authorized participants and Bitcoin counterparties. In the first amendment, the document was amended to expand the potential risks associated with the termination of key agreements or the failure of important parties to provide services. Initially, the focus was solely on escrow agreements and primary execution agent agreements, highlighting the risks in the event that these protocols are terminated or the Bitcoin custodian or primary execution agent fails to provide the required services. The revised text expands this scope to include the Authorized Participant Agreement and the Bitcoin Counterparty Agreement. It also added that if any of these agreements are terminated, or if the authorized participants or Bitcoin counterparties fail to provide services as required, the trustee may face challenges not only in keeping the trust's Bitcoin but also in managing the creation and redemption of shares. This change highlights the broader operational risks that could adversely affect the continuing operations of the trust company. The second change in the filing dossier is to address additional risks related to the role of authorized participants and Bitcoin counterparties in the operation of the trust company. Initially, the focus was on the challenges and potential consequences that the trustee would face if it was unable to find a suitable custodian or replacement for the primary executing agent on favourable terms. This includes the possibility of having to terminate the trust and liquidate its Bitcoin holdings, as well as the potential adverse impact on the value of the shares if a less favorable agreement is reached. The amendment introduces new questions about authorized participants and Bitcoin counterparties. It stresses that if these parties suffer from issues such as Rekt, business interruption, failure to perform, security breaches, or choose not to participate in the trust creation and redemption process, there can be significant negative impacts. Specifically, it may disrupt the trust creation and redemption process, affect the arbitrage mechanism that aligns stocks with net asset value (NAV), and generally affect the operation of trusts. The amendment notes that it may be challenging to find replacements for these parties on commercially acceptable terms, or not at all, which highlights the operational risks in these areas.

Odaily Planet Daily News Core Scientific announced Bitcoin production for December 2023. According to the report, the company produced 1,177 Bitcoins through proprietary mining and an estimated 449 Bitcoins through escrow services. For the full year of 2023, Core Scientific's proprietary mining output will total 13,762 Bitcoins, and the escrow service output is expected to reach 5,512. The company currently operates approximately 209,000 BitcoinMining Rig in Georgia, Kentucky, North Carolina, North Dakota and Texas. （investing）

According to Whale_ monitoring, at 19:56:50 Beijing time on January 1, 2024, a total of 800,000,000 XRP ($492,577,916) was locked in Ripple custody.

According to Whale _ monitoring, at around 08:00 Beijing time on January 1, 2024, 1 billion XRP (worth $600 million) was unlocked from Ripple's custody.

Golden Finance reported that Ripple recently released a third-quarter market report, disclosing its XRP holdings and market operations. At the end of the third quarter, Ripple had more than 5.25 billion XRP at its disposal. These funds are used for operations at the Company's sole discretion. More than 41 billion XRP are held in custodial Wallets. Ripple receives 1 billion XRP released by custodial Wallet each month (for sales or to pay for operating expenses), a portion of which is typically sold. According to the report, Ripple sold nearly 892 million XRP between July and September. Still, Ripple typically redeposits most of the XRP it receives into a custodial Wallet. For example, about 800 million XRP have been returned to custodial wallets every month since August. Depending on its model of escrow WalletXRPToken release and rehosting, it may take longer than expected for the XRPToken of the escrow Wallet to be fully released (Ripple said at the end of October that these escrow locked Token will be released monthly for the next 42 months). Ripple estimates that about 40 billion custodial XRP will be fully released by early 2027. However, given Ripple Inc.'s practice of rehosting most of the released funds each month, the final release date may exceed this timeline.

Odaily Planet Daily News Ripple recently released its third-quarter market report, disclosing its XRP holdings and market operations. At the end of the third quarter, Ripple had more than 5.25 billion XRP at its disposal. These funds are used for operations at the Company's sole discretion. More than 41 billion XRP are held in custodial Wallets. Ripple receives 1 billion XRP released by custodial Wallet each month (for sales or to pay for operating expenses), a portion of which is typically sold. According to the report, Ripple sold nearly 892 million XRP between July and September. Still, Ripple typically redeposits most of the XRP it receives into a custodial Wallet. For example, about 800 million XRP have been returned to custodial wallets every month since August. Depending on its model of escrow WalletXRPToken release and rehosting, it may take longer than expected for the XRPToken of the escrow Wallet to be fully released (Ripple said at the end of October that these escrow locked Token will be released monthly for the next 42 months). Ripple estimates that about 40 billion custodial XRP will be fully released by early 2027. However, given Ripple Inc.'s practice of rehosting most of the released funds each month, the final release date may exceed this timeline. （Cryptopolitan） Previously, in July, Ripple routinely released XRP from escrow accounts at the beginning of each month. Ripple says it uses a custodial account system to provide transparency and certainty to the XRP market. The company locks in most of its XRP holdings to ensure it doesn't oversupply the market and manipulate prices. However, the company also uses XRP from escrow accounts to invest in and support projects in the Ripple ecosystem. Releasing 1 billion XRPToken from an escrow account every month does not mean that all of them will enter the market. Ripple may choose to sell some of them to institutional or retail investors, use some for its own purposes, or return some to a new trust.

According to Whale monitoring, 1 billion XRP ($602,019,904) is unlocked from Ripple's custody, according to Whale monitoring.

PANews reported on November 20 that Santander Private Banking International, a subsidiary of Spanish financial services giant Banco Santander, is providing trading and investment services for Bitcoin, the main cryptocurrency Bitcoin (BTC) and Ether (ETH), for Swiss high-net-worth customers. In the coming months, Santander will offer more cryptocurrencies that meet the bank's screening criteria. Santander says that the service is only offered through a relationship manager at the request of the customer, the assets are held in a regulated escrow model, and the bank stores the private keys in a secure environment.

Santander International Private Bank, a subsidiary of Spanish financial services giant Santander, is providing trading and investment services for Bitcoin, the main cryptocurrencies, Bitcoin and Ethereum, to Swiss high-net-worth clients, according to an internal announcement. In the coming months, Santander will offer more cryptocurrencies that meet the bank's screening criteria, the announcement said. Santander says that the service is only offered through a relationship manager at the request of the customer, the assets are held in a regulated escrow model, and the bank stores the private keys in a secure environment. Santander has a history of more than 160 years and has 166 million customers. The private bank serves 210,000 affluent customers, with approximately $315 billion in assets and deposits.