GuShiio.com’s daily selection of encrypted news-European Central Bank cuts deposit mechanism interest rate by 25 basis points to 2.5%

1. The European Central Bank cut deposit mechanism interest rates by 25 basis points to 2.5%
The European Central Bank cut the deposit mechanism interest rate by 25 basis points to 2.5%, in line with market expectations, cutting interest rates for the fifth consecutive meeting. The main refinancing rate and the marginal lending rate were cut from 2.90% and 3.15% to 2.65% and 2.9%, respectively.
two。 The Twitter account of Hong Kong Chief Executive Li Jiachao is suspected to have been stolen and released tokens, and the Hong Kong government has confirmed that it is a fraud.
A Twitter account named Hong Kong Chief Executive Li Jiachao is suspected to have been stolen, posting token-related content, asking users to pay attention to the risks. Although the account was marked with a gray government certification logo, it was suspected to have changed its name after a relevant Indian institution was stolen. Hong Kong legislator Wu Jiezhuang tweeted that pay attention to the scam, there is no official currency issue in Hong Kong. I was asked by citizens and Web3 practitioners that someone pretending to be the Chief Executive posted a tweet on the Twitter platform that would release Hong Kong Coin on the Solana chain. The Government has solemnly clarified that the relevant information is by no means true and fraudulent. Members of the public are advised to be careful not to be misled and deceived.
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3.Tether freezes $27 million worth of USDT on the Russian encryption exchange Garantex.
Stable currency issuer Tether froze $27 million worth of USDT on Russia’s encrypted exchange Garantex, causing the platform to suspend all trading and withdrawal services and put the website into maintenance. In the Telegram announcement, Garantex warned that the USDT held by users was under threat and said it would fight to the end. The move follows the European Union’s 16th sanctions against Russia on February 26, targeting Garantex for the first time because of its links to sanctioned Russian banks. The US Treasury imposed sanctions on Garantex as early as April 2022. Tether has not responded to the reason for the freeze.
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4. The United States has begun to release some of the seized Chinese-made encryption machines, and a large number of devices have not been released.
The United States recently began to release some of the previously seized Chinese-made cryptocurrency mining machines after as many as 10000 devices were stranded at various ports of entry. Synteq Digital CEO Taras Kulyk revealed that thousands of devices had been released, adding that some US Customs and Border Protection (CBP) personnel had a negative attitude towards bitcoin mining, causing obstacles to the industry. Luxor Technology COO Ethan Vera confirmed that some of the detained devices had been released, but most of them had not been released, and pointed out that regulators’ concerns about the RF emission of mining machines were unfounded.
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5. Singapore officials warn the public to stay away from cryptocurrency
Sun Xueling, minister of the Ministry of the Interior of Singapore, said that cryptocurrency fraud accounted for 1/4 of the total losses caused by fraud last year; in the most expensive fraud last year, the victim clicked on the fake meeting link and downloaded and ran malicious code on the computer, resulting in a loss of about S $100 million; & ldquo; our advice to the public is to stay away from cryptocurrency. The risk of being burned by & lsquo; & rsquo; is very high, and if you become a victim of a fraud, the chances of getting back a penny are slim. & rdquo
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6. The Russian Ministry of Finance says it will not include encrypted assets in the investment structure of the state welfare fund.
According to the Interfax news agency, Russian Deputy Finance Minister Vladimir Kolychev told reporters that the Russian Ministry of Finance does not plan to change the current investment structure of the state welfare fund, especially will not add encrypted assets-mdash;— encrypted assets are too volatile, and the current accumulation level of the state welfare fund does not allow for high-risk investment. At present, in the standardized structure of the national welfare fund, RMB accounts for up to 60%, and gold accounts for up to 40%. Kolychev said he had not heard of discussions in Russia about creating a strategic reserve of cryptocurrencies similar to the Trump administration’s plan.
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