list of cryptocurrencies- Top Overview

China Seismological Network officially measured that a magnitude 3.1 earthquake occurred at 17: 09 on December 13th in Kuqa City, Aksu Prefecture, Xinjiang (41.23 degrees north latitude and 83.31 degrees east longitude) with a focal depth of 21 kilometers.China Securities Association: Let the margin financing and securities lending business truly become a powerful tool to serve the people's wealth growth and promote the healthy development of the capital market. On December 6, 2024, China Securities Association held a plenary meeting of the professional committee on margin financing and securities lending business in Chongqing. The meeting emphasized that industry organizations should give full play to the functional role of margin financing and securities lending business, strictly implement relevant regulatory requirements, optimize business processes, improve institutional systems, provide quality services to customers, always bear in mind the people-oriented principle, and put the protection of investors' legitimate rights and interests at the core, so that margin financing and securities lending business can truly become a powerful tool to serve the wealth growth of the people and promote the healthy development of the capital market. The meeting summarized the key work of the Committee in 2024 and discussed the work plan for the next stage. In the next step, the Committee will further play a professional and "handle affairs, discuss and communicate" platform role to jointly promote the high-quality development of margin trading and securities lending business.Alipay sells cryptocurrency funds? Originally an indirect investment in a product of Huabao Fund, the subscription has been suspended. Recently, some netizens found that Huabao Fund promoted a fund product issued by Huabao Fund in Alipay-QDII-FOF-LOF C (hereinafter referred to as "Huabao Overseas Technology C"), promoting "riding the wind to encrypt the rising market of currency" and "the representative of subversive innovation technology: cryptocurrency". According to the report of Warburg Overseas Technology C in the third quarter of this year, among the top ten funds with the highest fair value at the end of the reporting period, five were only index funds managed by Ark Investment Management under Cathy Wood, the "Mujie", accounting for 73.12% of the total. Looking through the archives of ARK Management Fund, the reporter found that ARK Innvonation ETF (hereinafter referred to as "ARKK"), the largest heavyweight of Huabao Overseas Technology C, was invested in Coinbase, a cryptocurrency exchange. ARK Next Generation Internet ETF (hereinafter referred to as "ARKW"), the second largest warehouse, invests in GBTC(Grayscale Bitcoin Trust) or investment tools such as Bitcoin, Ethereum and other cryptocurrency ETFs. ARKW also suggests the risks related to the indirect investment of funds in cryptocurrencies. In addition, Coinbase ranks third among ARKW's heavy stocks. The reporter logged on to several consignment platforms such as Ant Fortune, Licaitong, Tiantian Fund, China Merchants Bank, Snowball Fund and found that the product was sold on the above platforms, but from December 11th, the large subscription of Class A shares and Class C shares was suspended, and the daily limit for each person was 1000 yuan RMB. However, on December 13th, Huabao Overseas Science and Technology Stock Securities Investment Fund announced that it would suspend subscription and regular fixed investment business. (21 Finance)

Ecb governing Committee Escriva: it is logical to further cut interest rates at the next monetary meeting. If the basic scenario remains unchanged, interest rates will continue to be cut. The general idea yesterday was to continue to cut interest rates by 25 basis points. The lack of vitality in the European economy is a challenge.Syrian Human Rights Watch: Israel attacked military facilities in central Syria. On December 13, local time, Syrian Human Rights Watch said that the Israeli army launched an attack on military targets in the Mesyaf area of Hama province in central Syria and the rural area of Homs city in Homs province. (CCTV News)Shen Zhiqun, China Investment Association: Accelerate the formation of technology and finance service support system with equity investment as the mainstay. On December 13th, the 2024 Yangtze River Economic Belt (Gongqingcheng) Fund Innovation and Development Conference with the theme of "Science and Technology Innovation Empowers High-quality Development and Venture Capital Helps' 1269' Action Plan" was held in Gongqingcheng, Jiangxi Province. Shen Zhiqun, Chairman of the Venture Capital Committee of China Investment Association and Assistant to the former President of the Macro Institute of the National Development and Reform Commission, delivered a speech at the conference. Venture capital is an important capital force to promote scientific and technological innovation and industrial innovation. Especially under the impetus of policies, an ecological environment that fully supports and promotes the high-quality development of venture capital is gradually taking shape and constantly improving and optimizing. (SSE)

The financial technology companies supported by Wal-Mart are valued at $2.5 billion. The traditional banking industry is under threat. Wal-Mart is injecting more funds into its newly-started financial start-ups, obtaining a valuation of $2.5 billion for this company, and indicating its ambition to further set foot in the financial services industry. According to informed sources, the world's largest retailer is jointly leading the financing of more than 300 million US dollars with investment company Ribbit Capital. This marks a new valuation for the company named One, in which Wal-Mart holds a majority stake. Wal-Mart has been providing products to many customers and employees in order to gain a greater foothold in the field of financial services. For the financial industry, the threat of Wal-Mart and other companies encroaching on its territory is getting closer and closer. Just last year, JPMorgan Chase CEO Jamie Dimon mentioned the competitive threat of Wal-Mart and other enterprises, pointing out that its hundreds of millions of customers and huge resources at its disposal were "extraordinary competitive advantages".The qualification of general manager of Mercedes-Benz Auto Finance Co., Ltd. was approved. On December 13th, the website of Beijing Financial Supervision Bureau issued an official reply, approving the qualifications of directors and general managers of Gert Christian Middelhauve Mercedes-Benz Auto Finance Co., Ltd.. The company shall require the above-mentioned personnel with approved post qualifications to strictly abide by the relevant regulatory provisions of the General Administration of Financial Supervision, take up their posts within 3 months from the date of making this administrative licensing decision, and report their posts in a timely manner as required. If he fails to arrive within the above-mentioned prescribed time limit, this approval document will become invalid, and the decision-making organ shall go through the formalities for cancellation of administrative license.Gao Xiuying, the former deputy general manager of CITIC Daika Co., Ltd., was "double-opened". After investigation, Gao Xiuying, as a leading cadre of party member, a state-owned enterprise, abandoned his initial mission and deliberately opposed organizational review, taking the lead in breaking the discipline and breaking the law, seriously polluting the political ecology of his unit; Ignoring the spirit of the eight central regulations, illegally accepting gifts, banquets and travel arrangements; Violation of organizational principles, failure to report personal matters truthfully, running away from official positions, and making profits for relatives and friends in employee recruitment and job transfer; There is no bottom line for honesty, illegally holding shares of non-listed companies, and wantonly engaging in illegal business operations abroad to obtain huge profits; Failing to report and submit working materials to the superior unit as required; Moral corruption, violation of life discipline. Rely on enterprises to eat enterprises, harm the public and enrich the private interests, use their powers to ask for property from subordinates, illegally operate the same business of the enterprises they serve, and seek huge illegal interests.