PANews reported on October 14th that Falcon Finance, a subsidiary of DWF Labs, announced the launch of equity-based NFTs. Staking 1,000 FF tokens offers a chance to be whitelisted for Falcon's first NFT series, "Perryverse." Whitelist winners will be randomly selected from eligible stakers. The total supply of this NFT is 3,500 NFTs. The whitelist minting price is 1,000 FF tokens, the public minting price is 2,000 FF tokens, and the special minting price (for qualified stakers or whitelisted users who missed the minting opportunity) is 1,900 FF tokens. A snapshot of staked FF tokens will be taken on October 20th to determine whitelist eligibility. Whitelist eligibility will be announced on October 21st, whitelist minting will begin on October 22nd, and public minting will begin on October 23rd and 24th.PANews reported on October 14th that Falcon Finance, a subsidiary of DWF Labs, announced the launch of equity-based NFTs. Staking 1,000 FF tokens offers a chance to be whitelisted for Falcon's first NFT series, "Perryverse." Whitelist winners will be randomly selected from eligible stakers. The total supply of this NFT is 3,500 NFTs. The whitelist minting price is 1,000 FF tokens, the public minting price is 2,000 FF tokens, and the special minting price (for qualified stakers or whitelisted users who missed the minting opportunity) is 1,900 FF tokens. A snapshot of staked FF tokens will be taken on October 20th to determine whitelist eligibility. Whitelist eligibility will be announced on October 21st, whitelist minting will begin on October 22nd, and public minting will begin on October 23rd and 24th.

Falcon Finance will launch the NFT series Perryverse, staking 1,000 FFs to have a chance to enter the whitelist

2025/10/14 09:47

PANews reported on October 14th that Falcon Finance, a subsidiary of DWF Labs, announced the launch of equity-based NFTs. Staking 1,000 FF tokens offers a chance to be whitelisted for Falcon's first NFT series, "Perryverse." Whitelist winners will be randomly selected from eligible stakers. The total supply of this NFT is 3,500 NFTs. The whitelist minting price is 1,000 FF tokens, the public minting price is 2,000 FF tokens, and the special minting price (for qualified stakers or whitelisted users who missed the minting opportunity) is 1,900 FF tokens. A snapshot of staked FF tokens will be taken on October 20th to determine whitelist eligibility. Whitelist eligibility will be announced on October 21st, whitelist minting will begin on October 22nd, and public minting will begin on October 23rd and 24th.

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The Beijing Procuratorate announced a case of illegal USDT cross-border foreign exchange transactions involving over 1.1 billion yuan.

The Beijing Procuratorate announced a case of illegal USDT cross-border foreign exchange transactions involving over 1.1 billion yuan.

PANews reported on October 29th that, according to a report by 21st Century Business Herald, on October 28th, the Beijing Municipal People's Procuratorate released "Typical Cases of High-Quality and Efficient Performance of Financial Procuratorial Duties" (2024-2025). One case involved "using virtual currency to indirectly buy and sell foreign exchange, involving over 1.1 billion yuan." Between January and August 2023, Lin Jia, under the instruction of others, colluded with Lin Yi, Xia, Bao, and Chen to use multiple bank cards under their names to receive large amounts of RMB funds transferred from clients (such as Liu) connected to the "upstream" of an illegal currency exchange organization. This gang used virtual currency as a "bridge" to achieve the illegal purpose of cross-border fund transfers: Lin Jia and others converted the received RMB into USDT through multiple USDT trading platform accounts they actually controlled, and then completed the cross-border fund transfer through platform transactions, essentially engaging in disguised foreign exchange trading and profiting from it. According to the report, the total illegal business activities of the gang amounted to over 1.182 billion yuan, of which five members, including Xia and Bao, participated in activities ranging from over 149 million yuan to over 469 million yuan. On March 21, 2025, the Haidian District People's Court of Beijing issued a first-instance verdict, sentencing all five defendants to prison terms ranging from two to four years for the crime of illegal business operations, and imposing corresponding fines.
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2025/10/29 09:42