BTCUSDT 🔴Over 70M was drained from Phemex trading platform The Singapore based exchange halted withdrawals earlier on Thursday after being alerted to suspicious activity from several blockchain security firms. Notably, the attackers quickly swapped millions in stolen USDC and USDT, which can be frozen, for ETH.
BTCUSDT The Bank of Japan made an interest rate decision by 8 votes to 1, raising the interest rate by 25bps. The Bank of Japan hinted at further rate hikes. The Bank of Japan said it would continue to raise the policy rate if economic and price trends meet expectations
BTCUSDT David Sacks stated that the Digital Assets Working Group will develop a regulatory framework focused on establishing market structures, defining digital assets such as securities, commodities, and collectibles, and evaluating the feasibility of a national digital asset stockpile. Sacks views the TRUMP token as a collectible similar to a baseball card and does not see it as a conflict of interest. He also criticized CBDCs as a threat to freedom and advocated for stablecoins as a better alternative. Additionally, he noted that digitizing the dollar could increase demand for U.S. Treasuries, support national debt, and lower long-term interest rates. The national digital asset stockpile plan remains under evaluation and has not yet been finalized