• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 5, according to CMEs "Fed Watch": The probability of the Fed keeping interest rates unchanged in May is 96.8%, and the probability of a 25 basis point rate cut is 3.2%. The probability of the Fed keeping interest rates unchanged in June is 63.3%, the probability of a cumulative 25 basis point rate cut is 35.6%, and the probability of a cumulative 50 basis point rate cut is 1.1%.Spot gold opened basically flat on Monday, currently trading at $3,243.89 an ounce.1. Chechen leader: Ukrainian troops try to return to Kursk. 2. Temporary restrictions imposed at Vnukovo Airport in Moscow, Russia. 3. Ukrainian military: 69 drones launched by Russia were shot down overnight. 4. Putin said he has been considering the issue of succession, but the final choice will be made by the Russian people. 5. According to Interfax: Russian President Putin said that we have enough strength and means to push the conflict with Ukraine to a reasonable end. 6. According to Ukrainian Pravda: The General Staff of the Ukrainian Armed Forces said that in the past 24 hours, the Russian army lost two fighter planes, 1,340 soldiers were killed or wounded, and 11 tanks.On May 5, Japans attitude towards using U.S. debt as a negotiating tool with the United States reversed again. According to Nikkei News, Japanese Finance Minister Katsunobu Kato said on Sunday (May 4) that Japan has no intention of using the possibility of selling its holdings of U.S. Treasury bonds to gain an advantage in trade negotiations with the United States, and Japan does not consider the sale of U.S. Treasury bonds to be a tool for Japan-U.S. negotiations. Katsunobu Kato said last Friday that although Japan would not easily sell its holdings of U.S. Treasury bonds, they were a "card" for negotiations with the United States on trade issues; he overturned this statement at a press conference on Sunday. The Japanese Ministry of Finance reported that as of the end of March, Japan held $1.27 trillion in foreign exchange reserves, most of which were U.S. Treasury bonds. Foreign exchange reserves can be used to intervene in the foreign exchange market. In April, Katsunobu Kato ruled out the possibility of using Japans holdings of U.S. Treasury bonds as a negotiating tool.On May 5, the Israeli Prime Ministers Office issued a statement on the evening of May 4 local time, saying that Israel will retaliate against the Houthi armed forces and their ally Iran in response to the missile attack on Tel Avivs Ben-Gurion International Airport earlier that day. The statement said that the attack by the Houthi armed forces in Yemen "originated from Iran" and Israel will choose the time and place to take action against Iran, the force behind the Houthi armed forces. Iran has not responded to this yet.

Binance's Investment in Terra LUNA is Denied by CZ

Cory Russell

May 16, 2022 10:22

CZ Dismisses Reports That Binance Has Invested in Terra

On Thursday, Binance delisted LUNA perpetual contracts with a Bitcoin (BTC) margin.


CZ had already expressed his dissatisfaction with the Terra team's handling of the problem.


As the LUNA and UST drama proceeded to shake up the market, Binance CEO Changpeng Zhao (CZ) issued a warning on Twitter to "respect the market, with a degree of care."


Despite CZ's criticism, allegations circulated on Twitter last week that crypto exchange Binance was one of the major investors in the Terra LUNA ecosystem during the LUNA and UST crises.

CZ Is No Longer Associated With the LUNA Investment

Binance CEO CZ come forth to address the Terra rumors in order to clear Binance's reputation. "First, I need to confront misinformation floating in crypto Twitter," he stated on Twitter. Binance did not participate in Luna's second round of financing and did not purchase any UST. In 2018, Binance Labs invested $3 million in Terra (the layer 0 blockchain). After our first investment, UST arrived significantly later."


Binance Labs, according to CZ, has invested in a variety of crypto ventures over the previous four years. While some of these efforts have failed, others have been quite successful. CZ said, "That's how investments operate."