zones

On October 14, the stablecoin payment blockchain Tempo announced that the payroll payment platform Deel has become the first customer to use its Zones privacy system in a production environment, with contractor balances and payment histories no longer publicly accessible. According to the case study released by Tempo, the funds deposited by Deel's treasury department into its Zone remain visible on the public network, but which contractors received payments, how much each received, and what assets they hold are private; contractors can view their own balances, while Deel retains access for reconciliation and auditing.Each Zone maintains a private ledger connected to the Tempo public network through a portal that holds endorsed assets. According to Tempo's privacy documentation, operators can read the ledger, while deposits and withdrawals will leave records on the public network, including the amount of tokens and public network addresses. Operators can also restrict the participants and assets supported by the Zone and apply the transfer policies of the token issuers. Tempo demonstrated an example of private accounts using public financial products: after depositing into the Zone, accessing public Earn products, and then bringing the positions back to the Zone, their balances and holdings remain private.This launch adds privacy features to Deel's existing wallet, which was opened to qualified contractors in over 80 countries in August. Tempo stated that this integration does not change Deel's existing customer wallet and treasury infrastructure, with embedded wallet service provider Privy supporting Zones through its API.

The Layer 1 blockchain Tempo, developed jointly by Stripe and Paradigm, has launched a privacy feature called Zones. This is a solution for running permissioned parallel blockchains, specifically designed for enterprise-level use cases that require higher confidentiality, such as payroll, fund management, and payment settlement.It is reported that Zones, as a parallel blockchain connected to the Tempo mainnet, provides a private execution environment where internal transactions remain confidential, but assets and funds are fully interoperable with Tempo L1, other Zones, deposit channels, and liquidity pools. Each Zone is managed by trusted entities such as financial institutions or infrastructure providers, allowing operators to view all activities within their environment and implement access controls, but they do not control the underlying assets.

According to Caijing magazine, Zhao Zhongxiu, president of the University of International Business and Economics, and others wrote an article titled "Global Stablecoin Regulation Taking Shape, 'China Plan' Can Be Piloted in Free Trade Zones," which states that with stablecoin legislation becoming a reality in several major jurisdictions worldwide, China should not miss this historic opportunity.To prudently carry out stablecoin-related business and regulation in mainland China, it is suggested to open pilot programs in free trade experimental zones (hereinafter referred to as "free trade zones"), such as the Qianhai Free Trade Zone in Shenzhen, adjacent to Hong Kong, and the Hainan Free Trade Port. Specific suggestions for pilot programs in free trade zones include: establishing a "Cross-Border Financial Technology Laboratory," creating a stablecoin "white list" system, setting up offshore RMB stablecoin innovation pilot programs, promoting digital trade and intellectual property financing, and strengthening blockchain infrastructure construction; at the same time, a strict risk prevention and control mechanism should be established, including: stringent institutional and individual access, transparent reserve audits, and tracking and preventing compliance arbitrage and capital flow risks.

On-chain data analyst Murphy stated that the CBD (Cost Basis Distribution) heatmap shows that there are currently two densest ranges of chips, which are $94,000-$98,000 and $101,000-$118,000, representing the ranges where BTC will face resistance during the rebound. Among them, $98,000 is the historical fair price, and $104,000 is the average cost for short-term holders.In addition, a large accumulation of chips has recently occurred in the $84,000-$85,000 range, with approximately 950,000 BTC. After excluding the data generated by Coinbase's wallet reorganization on the 22nd (approximately 550,000 BTC), the remaining 400,000 BTC represents real turnover, closely related to the recent increase in holdings by large whales during the downturn.

According to market news, the average order size indicator for Ethereum spot trading shows that when the market recently dropped to $3,200, whale activity (green clusters) briefly surged. This pattern has historically appeared at local bottoms and early accumulation phases.Analysis indicates that large market participants may be re-establishing positions in the discounted range, while retail traders remain cautious. Historical cycles show that the transition from whale accumulation to retail selling typically marks a trend reversal or a compression phase before a significant rise. If this behavior continues, and the $3,000 to $3,400 area can serve as structural support, Ethereum may enter a low-volatility accumulation range, building momentum for a potential bull market peak at $4,500 to $4,800.

ChainCatcher news, according to Jinshi Data, Ji Min, head of the Research Bureau of the People's Bank of China, stated at a regular press briefing by the State Council on July 4 that the next step for the People's Bank will be to work with relevant departments and other financial regulatory bodies to continue supporting the deepening of the free trade pilot zones in aligning with international high-standard economic and trade rules and promoting a higher level of institutional opening-up, based on effective risk prevention.On one hand, further deepen financial openness and innovation in the Shanghai Free Trade Zone. Recently, eight supporting policies were announced at the Lujiazui Forum, including the development of offshore bonds for free trade, optimizing and upgrading the functions of free trade accounts, and carrying out comprehensive reform pilots for offshore trade financial services, among others.On the other hand, efforts should be made to replicate and promote the "Shanghai experience," supporting the promotion of innovative applications of the digital renminbi and other measures to relevant free trade pilot zones, and extending measures to optimize electronic payment services nationwide, exploring practical paths for the open and innovative development of China's financial sector, and accumulating more replicable and promotable experiences.

ChainCatcher news, according to the daily briefing from the Greeks.Live English community, traders are currently focusing on $75,000 and the $67,000-$70,000 range as potential support zones. While there are views that the price may rebound to the $92,000-$94,000 range, most people are cautious about establishing new positions until clear signals appear.Bitcoin's price plummeted from $94,000-$96,000 to around $80,000 within a week, causing significant losses for traders. Some users reported account drawdowns of up to 70%, stating that "7 months of profits have vanished."This sell-off has been described as a loss of momentum, with no clear catalyst. It is noteworthy that during the decline, the perpetual contract funding rate remained positive, which is different from the situation when the market typically bottoms out.

ChainCatcher news, according to Finbold, the Honduras Economic Zone Próspera ZEDE has officially recognized Bitcoin (BTC) as a unit of account. This move effectively acknowledges the legitimacy of cryptocurrency in various commercial, tax, and financial transactions. The acting manager and tax commissioner of the zone, Jorge Colindres, announced this news on January 5 and outlined the conditions under which legal entities can use Bitcoin as their unit of account.Before the final BTC tax payment procedures are implemented, the tax obligations of entities choosing Bitcoin will be determined internally in reference to BTC, but reported to Próspera ZEDE in USD or local currency. After the final BTC tax payment procedures are implemented, tax obligations will be reported in BTC, and entities will pay the corresponding amounts to Próspera ZEDE in Bitcoin.

ChainCatcher news, the Cosmos ecosystem DEX aggregator TFM announced on social media that it has acquired the Cosmos network browser Map Of Zones (MoZ) and plans to add it to its product suite.As one of the largest browsers in the Cosmos ecosystem, Map Of Zones has been operational for nearly 4 years. TFM aggregates content such as cross-chain, trading, and NFTs, originally primarily serving the Terra ecosystem, and has started supporting the Cosmos ecosystem this year.

According to Chain Catcher news, the information disclosed by the Hubei Provincial Department of Economy and Information Technology shows that recently, the Ministry of Industry and Information Technology officially replied to the Hubei Provincial Department of Economy and Information Technology, supporting the city of Wuhan in creating a national blockchain development pilot zone. Currently, five cities including Suzhou, Guangzhou, Wuhan, Zhengzhou, and Kunming have been approved to build national blockchain development pilot zones. (Source link)