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- 01:06BNY Mellon: Maintaining "flexibility" in stablecoin initiatives, focusing on infrastructure developmentOn October 17, it was reported that executives at BNY Mellon stated during a recent earnings call on Thursday that the bank has moved forward several blockchain-related investments to 2025—including investments supporting real-world asset settlement and tokenized payments. Executives attributed this acceleration to a more "positive" regulatory environment and improved market conditions. When asked whether BNY Mellon plans to issue its own stablecoin, CEO Robin Vince did not give a definitive answer, but stated that the bank's strategy focuses on supporting the broader ecosystem rather than launching its own branded token.
- 00:57Data: Two whales/institutions transferred 17.857 million ASTER to CEX today, worth approximately $22.88 millionChainCatcher news, two whale/institutional addresses transferred 17.857 million ASTER tokens to a certain exchange, worth approximately $22.88 million. Among them, one whale/institutional address that had accumulated 64.535 million ASTER tokens through a certain exchange continued to transfer 9.575 million ASTER tokens to the exchange, worth about $12.53 million. In the past week, this address has transferred a total of 58.608 million ASTER tokens (worth $92.25 million) to the exchange, and currently only has 5.926 million ASTER tokens left (worth $7.42 million). Another whale/institutional address that participated in the WLFI public offering withdrew 8.282 million ASTER tokens (worth $16.86 million) from a certain exchange at a price of $2.03 three weeks ago, and transferred these tokens back to the exchange 8 hours ago. Due to the price of ASTER falling back to $1.25, this position has lost about $6.52 million.
- 00:48Texas company sues Tether, alleging illegal freezing of $44.7 million USDT and loss of significant investment opportunitiesJinse Finance reported that in April this year, stablecoin issuer Tether froze $44.7 million USDT at the request of Bulgarian police. Now, Texas-based consulting firm Riverstone has officially filed a lawsuit, accusing Tether of illegally freezing its tokens and causing it to miss significant investment opportunities. According to the complaint filed with the Southern District Court of New York, on April 4, Tether froze assets in eight offline wallets controlled by Riverstone. The company claims that Tether froze the assets solely based on a request from a local Bulgarian police station, which constitutes a "procedural flaw" as it did not follow the formal process stipulated by the "Bulgarian International Judicial Assistance Treaty," which requires information exchange through central authorities and diplomatic channels. The complaint states that when Riverstone contacted Tether, it was told to communicate directly with the Bulgarian police, but the police never responded. Currently, the circulation of Tether stablecoins exceeds $180 billions, and as of September 15, Tether has cooperated with global law enforcement agencies to freeze $3.2 billions USDT.