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- 21:46London police bust $1.3 million crypto scam, five men arrestedJinse Finance reported that the London Metropolitan Police have arrested five men aged between 21 and 37, suspected of defrauding over $1.3 million through fake cryptocurrency investment websites. Police stated that the network may have lured thousands of victims worldwide. Investigations revealed that the suspects operated "boiler rooms," using fake trading platforms, celebrity endorsements, and other tactics to guide victims into continuously investing in fictitious token projects.
- 21:27US regional banking crisis resurfaces as Zions Bancorp records a $50 million impairmentChainCatcher news, according to Golden Ten Data, a new crisis has emerged among regional banks in the United States, dragging down bank stock prices sharply. Zions Bancorp's stock price once fell by 15%, after the company disclosed that its wholly-owned subsidiary, California Bank & Trust in San Diego, had set aside a $50 million impairment charge for a loan it underwrote. Western Alliance Bancorp's stock price once dropped by 13%. Affected by this news, the KBW Bank Index in the US stock market closed down 3.6%.
- 21:12Federal Reserve Governor Milan: The negative impact of tariffs has not come close to what people predictedJinse Finance reported that Federal Reserve Governor Milan stated that the negative impact of tariffs has not reached the levels predicted, and he does not believe that tariff costs will be passed on to consumers; artificial intelligence has the potential to improve productivity growth.