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00:54
Chaos Labs discloses high concentration of WLFI collateral cycle and Dolomite lending
Foresight News reports that risk management firm Chaos Labs posted on Twitter stating that the Trump family's crypto project WLFI has seen a rapid expansion in lending activity on Dolomite, pushing WLFI's collateral utilization rate close to its upper limit (5.1 billion tokens nearly exhausted), mainly concentrated in two multisig addresses. Of these, around 3 billion WLFI have been collateralized to borrow approximately 40.7 million USD1, while another address has built a circular collateral structure using USD1 and USDC, with a liquidation threshold corresponding to a roughly 75% drop in WLFI price.Currently, USD1 utilization rate is 83.4%, USDC is at 90.19%, and lending interest rates are about 5%. Taking into account WLFI rewards gained through Merkl, the supply rate is 10.64% (this campaign will end within 3 days). Meanwhile, WLFI collateral exceeds the tradable volume on a certain exchange by 4 times, and only 20% of the tokens are unlocked, with the rest expected to have their release schedule decided in mid-April. Following the incident, the team has repaid roughly 10 million USD1 and indicated they can provide additional collateral. At present, the team accounts for 82.7% of Dolomite's TVL and 85.3% of lending, with on-chain funds highly concentrated and purposes of the structure remaining unclear.
00:41
TSMC accelerates the expansion of its advanced packaging business in the United States and Taiwan
Glonghui, April 13th|According to the Taiwan Economic Daily, TSMC’s advanced packaging capacity is in short supply, and the company is accelerating expansion both in Taiwan and the United States. Industry sources report that to meet rapid growth in AI applications from both Apple and non-Apple sectors, TSMC is fully committed to building its first advanced packaging plant in the United States (AP9), which is expected to start production in 2028 and will manufacture InFo and CoWoS packaging products. In Taiwan, the company will accelerate the expansion of SoIC capacity, with monthly output expected to reach 40,000 wafers by 2027.
00:39
CFTC Chairman: Predicts Market Oversight Authority Exclusive to Federal Government, States Have No Power to Intervene
BlockBeats News, April 13th, during an interview, Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Mike Selig explicitly stated that the CFTC has "exclusive regulatory authority" over prediction markets, and states do not have the right to substitute federal derivatives regulation with state law. Mike Selig emphasized: "Whether the underlying involves sports, politics, or other areas, as long as it is a product offered by a trading platform under CFTC oversight, it falls under our jurisdiction." This statement comes as the CFTC is suing three states, Arizona, Illinois, and Connecticut, to solidify its regulatory dominance over prediction markets. Selig stated that the CFTC is clarifying the regulations of prediction market oversight through formal rulemaking procedures and welcomes input from all sectors on the evaluation process. In addition to prediction market disputes, Selig also mentioned the final version of the digital asset classification guidance jointly issued by the CFTC and SEC last month, which outlined clear boundaries between tokenized securities and commodities. In the future, if companies want to self-certify digital asset futures products, regulatory agencies can directly determine the nature of the token based on this classification framework, ensuring alignment between the two major institutions.
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