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15:25
The European STOXX 600 Personal Care, Pharmaceuticals & Food Retailers Index drops over 0.8%, hitting a new intraday low below 155.50 points.
After the United States launched a tariff investigation into German drug pricing, German Chancellor Merz anticipates that the U.S. will continue to honor its trade commitments with Europe. Decisions regarding drug reimbursement are domestic affairs for Germany, and the government will provide relevant information to the U.S. if necessary. After the close of U.S. stock trading on June 18, the United States criticized Germany's efforts to reduce drug prices, with U.S. Trade Representative Katherine Tai accusing Germany of "long-term low-price procurement of innovative drugs."
15:23
Tether CEO: The number of self-custody wallets created based on WDK open-source technology has surpassed 100,000
According to Odaily, Tether CEO Paolo Ardoino announced on X that the number of self-custody wallets created based on WDK open-source technology has surpassed 100 thousand. This progress demonstrates that open-source wallet development tools are being rapidly adopted in the construction of practical crypto infrastructure, and both the user base and developer adoption rates within the self-custody ecosystem continue to grow. WDK is an open-source wallet development kit supported by Tether, which can be integrated into any device, from embedded systems to mobile, desktop, or server operating systems.
15:19
Prediction market platform Kalshi begins preliminary IPO discussions with investment banks
Odaily reported that, according to sources familiar with the matter, prediction market platform Kalshi has disclosed that it is in early, informal discussions with investment banks regarding a potential IPO. A Kalshi spokesperson declined to comment. Previously, the U.S. state of Kentucky sued five prediction market operators, including Kalshi and Polymarket, accusing them of operating unlicensed illegal sports betting and gambling platforms. At least 17 other states have also taken prediction market operators to court, with the disputes involving the U.S. Commodity Futures Trading Commission's (CFTC) regulatory authority over event contracts. (Cointelegraph)
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