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According to Cointelegraph, Tether has frozen over $514 million USDT in the past 30 days, affecting 370 addresses. Of this amount, approximately $506 million was frozen on the Tron blockchain, while around $8.73 million was frozen on the Ethereum blockchain.

[Tether Freezes Over $514 Million USDT in the Past 30 Days]According to Cointelegraph, Tether has frozen over $514 million USDT in the past 30 days, affecting 370 addresses. Of this amount, approximately $506 million was frozen on the Tron blockchain, while around $8.73 million was frozen on the Ethereum blockchain.

Tether Freezes Over $514 Million USDT in the Past 30 Days

On May 8, according to official news, the MegaETH Foundation announced that it completed its first MEGA token buyback on May 7, using all net earnings generated by USDM up to the end of April. This marks the official entry of its token economic model into the buyback phase. Currently, the circulating supply of USDm is approximately $480 million, and the related earnings will continue to be used for MEGA token buybacks. In the future, a programmatic and automated on-chain buyback mechanism will be gradually realized through DeFi protocols. The underlying assets of USDm are primarily composed of tokenized U.S. Treasury bonds, which are managed through collateralization with the BlackRock BUIDL fund. The real earnings generated will be fully reinvested into MEGA buybacks, thereby preventing value from flowing to external stablecoin issuers. According to DeFi Llama data, the total TVL on MegaETH has reached $727.4 million, with applications on MegaETH generating cumulative revenues of $1.21 million, $437,000, and $61,000 over the past 30 days, 7 days, and 24 hours respectively, placing it among the top earners in public chains.

[MegaETH Launches MEGA Token Buyback Mechanism, USDm Native Stablecoin Drives On-Chain Yield Growth]On May 8, according to official news, the MegaETH Foundation announced that it completed its first MEGA token buyback on May 7, using all net earnings generated by USDM up to the end of April. This marks the official entry of its token economic model into the buyback phase. Currently, the circulating supply of USDm is approximately $480 million, and the related earnings will continue to be used for MEGA token buybacks. In the future, a programmatic and automated on-chain buyback mechanism will be gradually realized through DeFi protocols. The underlying assets of USDm are primarily composed of tokenized U.S. Treasury bonds, which are managed through collateralization with the BlackRock BUIDL fund. The real earnings generated will be fully reinvested into MEGA buybacks, thereby preventing value from flowing to external stablecoin issuers. According to DeFi Llama data, the total TVL on MegaETH has reached $727.4 million, with applications on MegaETH generating cumulative revenues of $1.21 million, $437,000, and $61,000 over the past 30 days, 7 days, and 24 hours respectively, placing it among the top earners in public chains.

MegaETH Launches MEGA Token Buyback Mechanism, USDm Native Stablecoin Drives On-Chain Yield Growth

According to monitoring by Beating, the Financial Times reported that UK billionaire Chris Hohn's hedge fund TCI has sold nearly $8 billion worth of shares in American software giant Microsoft (MSFT.O) and informed investors that artificial intelligence poses a threat to the company's dominant software products.

[UK Billionaire Chris Hohn's Hedge Fund TCI Sells Nearly $8 Billion in Microsoft Shares]According to monitoring by Beating, the Financial Times reported that UK billionaire Chris Hohn's hedge fund TCI has sold nearly $8 billion worth of shares in American software giant Microsoft (MSFT.O) and informed investors that artificial intelligence poses a threat to the company's dominant software products.

UK Billionaire Chris Hohn's Hedge Fund TCI Sells Nearly $8 Billion in Microsoft Shares

The Hong Kong Securities and Futures Commission (SFC) recently issued a notice warning the public to be cautious of certain unlicensed platforms and related market promotional activities, mentioning HabitTrade. In response, HabitTrade released a statement asserting that it is a licensed Australian brokerage and compliant financial services platform, and it has not conducted any regulated activities in Hong Kong, nor has it promoted or provided related services to the public in Hong Kong. The statement also noted that some third-party promotional content, video materials, and platform diversion activities appearing in the market do not represent HabitTrade's official position. The company reserves the right to pursue legal action against any unauthorized use of its brand, technological channels, or partnerships for misleading promotions and violations. HabitTrade stated that it will continue to prioritize compliance and cooperate with regulatory requirements in relevant jurisdictions to conduct necessary investigations.

[HabitTrade Responds to Hong Kong SFC Announcement: No Regulated Activities in Hong Kong]The Hong Kong Securities and Futures Commission (SFC) recently issued a notice warning the public to be cautious of certain unlicensed platforms and related market promotional activities, mentioning HabitTrade. In response, HabitTrade released a statement asserting that it is a licensed Australian brokerage and compliant financial services platform, and it has not conducted any regulated activities in Hong Kong, nor has it promoted or provided related services to the public in Hong Kong. The statement also noted that some third-party promotional content, video materials, and platform diversion activities appearing in the market do not represent HabitTrade's official position. The company reserves the right to pursue legal action against any unauthorized use of its brand, technological channels, or partnerships for misleading promotions and violations. HabitTrade stated that it will continue to prioritize compliance and cooperate with regulatory requirements in relevant jurisdictions to conduct necessary investigations.

HabitTrade Responds to Hong Kong SFC Announcement: No Regulated Activities in Hong Kong

On May 8, The Bitcoin Historian reported that the Swiss Central Bank has just increased its stake in the Bitcoin reserve company Strategy (MSTR) by $9 million.

[Swiss Central Bank Increases Stake in $9 Million Strategy (MSTR) Stock]On May 8, The Bitcoin Historian reported that the Swiss Central Bank has just increased its stake in the Bitcoin reserve company Strategy (MSTR) by $9 million.

Swiss Central Bank Increases Stake in $9 Million Strategy (MSTR) Stock

On May 8, the Hong Kong Securities and Futures Commission (SFC) recently issued a notice warning the public to be cautious of certain unlicensed platforms and related market promotional activities, mentioning HabitTrade. In response, HabitTrade released a statement asserting that it is a licensed Australian brokerage and compliant financial services platform, and it has not engaged in any regulated activities in Hong Kong, nor has it promoted or provided related services to the public in Hong Kong. The statement also noted that some third-party promotional content, video materials, and platform traffic-driving activities circulating in the market do not represent HabitTrade's official position. The company reserves the right to pursue legal action against any unauthorized use of its brand, technical channels, or partnerships for misleading promotions and violations. HabitTrade stated that it will continue to prioritize compliance and cooperate with regulatory requirements in relevant jurisdictions to conduct necessary investigations.

[HabitTrade Responds to SFC Announcement: No Regulated Activities in Hong Kong]On May 8, the Hong Kong Securities and Futures Commission (SFC) recently issued a notice warning the public to be cautious of certain unlicensed platforms and related market promotional activities, mentioning HabitTrade. In response, HabitTrade released a statement asserting that it is a licensed Australian brokerage and compliant financial services platform, and it has not engaged in any regulated activities in Hong Kong, nor has it promoted or provided related services to the public in Hong Kong. The statement also noted that some third-party promotional content, video materials, and platform traffic-driving activities circulating in the market do not represent HabitTrade's official position. The company reserves the right to pursue legal action against any unauthorized use of its brand, technical channels, or partnerships for misleading promotions and violations. HabitTrade stated that it will continue to prioritize compliance and cooperate with regulatory requirements in relevant jurisdictions to conduct necessary investigations.

HabitTrade Responds to SFC Announcement: No Regulated Activities in Hong Kong

On May 8, Iranian media outlet Fars News reported that sporadic clashes occurred between the Iranian armed forces and US vessels in the Strait of Hormuz starting about an hour ago.

[Iranian Armed Forces Engage in Sporadic Clashes with US Vessels in the Strait of Hormuz]On May 8, Iranian media outlet Fars News reported that sporadic clashes occurred between the Iranian armed forces and US vessels in the Strait of Hormuz starting about an hour ago.

Iranian Armed Forces Engage in Sporadic Clashes with US Vessels in the Strait of Hormuz

HTX data monitoring shows that LINK has broken through 10 USDT, currently reported at 10 USDT, with a 24H increase of 0.76%.

【LINK breaks through 10 USDT】HTX data monitoring shows that LINK has broken through 10 USDT, currently reported at 10 USDT, with a 24H increase of 0.76%.

LINK breaks through 10 USDT

On May 8, the initial value of the U.S. one-year inflation rate expectation for May was 4.5%, lower than the market expectation of 4.8%, and down from the previous value of 4.7%. (Jin Shi)

[U.S. May One-Year Inflation Rate Expectation Initial Value at 4.5%, Below Expectations]On May 8, the initial value of the U.S. one-year inflation rate expectation for May was 4.5%, lower than the market expectation of 4.8%, and down from the previous value of 4.7%. (Jin Shi)

U.S. May One-Year Inflation Rate Expectation Initial Value at 4.5%, Below Expectations

HIVE Blockchain Technologies Ltd. is pleased to announce the earnings report for the first quarter ended June 30, 2022. Generated revenue from digital currency mining of $44.2 million, with a gross mining margin[1] of $27.0 million.
Mined 1,338 Bitcoin equivalent; comprised of 851 Bitcoin and over 7,675 Ethereum during the three-month period ended June 30, 2022.
Adjusted EBITDA of $11.2 million.

Detail

【HIVE Blockchain mined 821 BTC and 7,675 ETH last quarter】HIVE Blockchain Technologies Ltd. is pleased to announce the earnings report for the first quarter ended June 30, 2022. Generated revenue from digital currency mining of $44.2 million, with a gross mining margin[1] of $27.0 million.
Mined 1,338 Bitcoin equivalent; comprised of 851 Bitcoin and over 7,675 Ethereum during the three-month period ended June 30, 2022.
Adjusted EBITDA of $11.2 million.

HIVE Blockchain mined 821 BTC and 7,675 ETH last quarter

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Article

BTC falls below 80000 USDT

HIVE Blockchain mined 821 BTC and 7,675 ETH last quarter

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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