gte

The Hong Kong Securities and Futures Commission has issued a notice stating that a virtual asset trading platform named "AmazingTech" has been included in the "List of Unlicensed Companies and Suspicious Websites," classified as a "suspicious virtual asset trading platform." It is reported that this entity claims to operate a virtual asset trading platform locally in Hong Kong and is suspected of engaging in unlicensed activities.

ChainCatcher news, according to official sources, the decentralized trading platform GTE has announced its independence from MegaETH and plans to launch its mainnet, aiming to achieve comprehensive tokenized price discovery in the global capital markets. Previously, the platform was built on the EVM-compatible MegaETH blockchain.In addition, GTE disclosed that it has completed over $25 million in financing to date, with investors including top market makers such as Paradigm, IMC, Wintermute, and Auros. Team members come from well-known institutions like Citadel, Nasdaq, Google, and Jump. The GTE testnet has attracted over 1 million users in the past 3-4 months.

ChainCatcher news, according to The Block, the well-known crypto venture capital firm Paradigm has exclusively led a $15 million Series A funding round for the decentralized exchange startup GTE.The founding team of GTE stated that the platform uses a centralized limit order book (CLOB) mechanism, with trading latency on par with centralized exchanges like Binance and Coinbase, while maintaining decentralized characteristics.GTE aims to address the issues of "blind trust" in centralized exchanges and the high latency and costs associated with traditional DEXs. The platform has been built on the EVM-compatible MegaETH blockchain, attracting around 700,000 users to its testnet.ChainCatcher previously reported that the decentralized exchange GTE, based on the MegaETH blockchain, has raised $10 million through three funding rounds, including $1.5 million in Pre-Seed funding, $6.942 million in Seed funding, and $2.5 million in community funding from Echo.GTE's venture capital investors include Maven 11, Wintermute, Flow Traders, Robot Ventures, IMC Trading, Guy Young from Ethena, Max Resnick from Anza, and an undisclosed trader from Jump Trading.

ChainCatcher news, according to Tipranks, the US-listed company Reitar Logtech announced a $1.5 billion Bitcoin acquisition plan. The company aims to use this Bitcoin acquisition to enhance financial stability while pursuing advancements in logistics technology.This acquisition is part of Reitar Logtech's broader strategy to enhance its operational capabilities and expand its influence in the logistics technology market.

ChainCatcher news, according to a memorandum submitted to the U.S. Securities and Exchange Commission (SEC) by the crypto regulatory service provider CoinRegTech, the company suggests that the SEC should clarify that digital asset securities trading, whether "on-chain" or "off-chain," should adhere to the same trading reporting requirements as standard securities.CoinRegTech also提出三项关键建议：The SEC should address investor protection issues arising from off-chain trading on trading platforms;Revise the Securities Exchange Act rules to require timely reporting of all digital asset securities transactions;Jointly authorize and regulate a Digital Asset Trading Repository (DART) with the Commodity Futures Trading Commission (CFTC) to record all transactions and customer ownership information.The memorandum is a response to the SEC's public request for comments on the cryptocurrency 2.0 working group, aimed at advancing the mission of protecting retail investors, providing legal certainty, and promoting financial innovation.

ChainCatcher news, according to official information, the decentralized trading platform Global Token Exchange (GTE) on the MegaETH blockchain has launched its testnet.

ChainCatcher news, the decentralized exchange GTE based on the MegaETH blockchain has raised $10 million through three rounds of financing, including $1.5 million in Pre-Seed funding, $6.942 million in Seed funding, and $2.5 million in community funding from Echo.GTE's venture capital investors include Maven 11, Wintermute, Flow Traders, Robot Ventures, IMC Trading, Guy Young from Ethena, Max Resnick from Anza, and an undisclosed trader from Jump Trading.

ChainCatcher news, MicroStrategy co-founder Michael Saylor recently provided a comprehensive outlook on the future trajectory of BTC at the 2023 Australia Cryptocurrency Conference. He discussed the BTC halving event in 2024 and predicted that next year will be crucial for BTC, stating that by the end of next year it will become a "mainstream asset in its adolescence."Looking ahead to 2024-2028, Saylor expects BTC to enter a high-growth phase, with large global tech companies and major banks widely adopting BTC and integrating it into their respective products and services. He also noted that major financial institutions such as JPMorgan, Morgan Stanley, Goldman Sachs, Bank of America, and Deutsche Bank may participate in activities such as issuing loans, providing mortgages, customizing, and buying and selling Bitcoin.From a long-term perspective of approximately 25 years, Saylor predicts that BTC will dominate among all high-quality assets, emphasizing its potential to outperform the S&P 500 index and diversified portfolios.