BNB Chain updates DappBay’s high-risk dApp red alert project list, with more than 100 risky dApps identified｜Binance Morning Report (February 5)

● BNB Chain updates DappBay’s high-risk dApp red alert project list, with more than 100 risky dApps identified

According to the Daily Planet, BNB Chain posted on the X platform that BNB Chain updated its DappBay high-risk dApp red alert project list, and more than 100 risky dApps have been identified this week. The projects included in the list include 8Bit Chain, April REAP, AOFverse, Stars Arenas, Doge Grok, Walletscontest, etc.

● Bitcoin-friendly President Nayib Bukele of El Salvador is successfully re-elected

According to the Daily Planet, the Supreme Electoral Court of El Salvador announced the preliminary vote count of the February 4 general election, and the incumbent President Nayib Bukele was successfully re-elected and will take office on June 1 this year. Bukele became the first president of El Salvador to be re-elected in the democratic period.

● Bitcoin mining company Bit Brother received a delisting notice from Nasdaq

According to Golden Finance, Bit Brother Limited disclosed that the company had received a delisting notice from Nasdaq, which was issued on January 30, stating that it intends to delist Bit Brother from Nasdaq in accordance with the authority provided for in Section 5101 of the Nasdaq Listing Rules. The decision was made based on concerns raised by certain warrants with cashless exercise clauses in the two registered offerings of Bit Brother on October 25, 2023 and December 5, 2023, as well as related public interest concerns raised by such transactions.

However, this delisting notice will not have an immediate impact on the listing and trading of Bit Brother Limited. Nasdaq has allowed it to attend a hearing on February 27 to explain its actions. Until the hearing process is completed, Nasdaq will continue to suspend any suspension or delisting actions.

● Fed Chairman Powell: The March meeting will update the rate cut forecast

According to Jinshi, Fed Chairman Powell said in an interview with "60 Minutes" that the rate cut forecasts in December last year would reduce interest rates to around 4.6%. These forecasts were personal forecasts of participants, not the committee's plan. Powell said that the March meeting will update these forecasts, but in the meantime, nothing will make him think that the committee members will significantly change their forecasts.

● Hong Kong Monetary Authority’s regulatory sandbox will accept applications from stablecoin issuers

According to PANews, the Hong Kong Monetary Authority's consultation on legislation to regulate stablecoin issuers will end at the end of this month, and many financial institutions are preparing to submit applications and participate in the sandbox. Among them, First Digital Group issued the US dollar stablecoin FDUSD in Hong Kong last year. It is now traded on 4 virtual asset platforms, with a daily trading volume of more than US$6 billion.

● SlowMist: Total losses caused by security incidents this week exceeded $120 million

According to Golden Finance, the weekly security report released by SlowMist shows that from January 28 to February 3, 2024, the total losses caused by security incidents exceeded US$120 million, mainly direct attacks on financial protocols and vulnerabilities across social and communication platforms.

● Canadian investors turn to low-fee U.S. Bitcoin spot ETFs

According to the Daily Planet, HODL15Capital posted on the X platform that Canadian investors are turning from the Canadian Purpose Bitcoin ETF to the low-fee U.S. Bitcoin spot ETF. Since January 10, the number of BTC held by the Purpose Bitcoin ETF has decreased by 3,000.