According to BlockBeats news on July 6, as per market information, tokens such as SOON, BMT, CHESS, HIFI, and FLM plummeted simultaneously at 1 AM this morning, with HIFI currently experiencing the largest fall, dropping over 37%.

Gate News bot reports that, according to Coindoo, the Australian securities regulator has launched a formal investigation into the Australian Securities Exchange (ASX), focusing on its abandoned blockchain projects and broader operational risks.

According to official news, the BNB Chain TVL Incentive Program 5 has ended, and 5 projects have received entrusted support, namely: KERNELDAO, ASTHERUS, YIELDNEST, TRANCHESS and LISTA-DAO.

The Australian Securities Exchange sold its entire stake in Digital Asset for $37 million. The company developed the blockchain trading system CHESS but ultimately abandoned the project due to management changes and six years of effort. Digital Asset has raised a total of $315 million.

According to Gate News bot, the Australian Securities Exchange (ASX) has completed the sale of its equity stake in Digital Asset Holdings. The transaction amount was $57 million, and ASX gained approximately $42 million in book profit from it. ASX acquired an 8.5% stake in Digital Asset Holdings for $47 million in 2016, originally planning to replace the CHESS settlement system with blockchain technology. The project was declared a failure in 2022, resulting in a loss of approximately AUD 250 million for ASX. Currently, Tata Consulting Services is responsible for developing a new clearing system. At the same time, the Australian Securities and Investments Commission (ASIC) has filed a lawsuit against ASX regarding issues related to information disclosure.

Jin Shi data December 20 news, according to foreign media reports, the Australian securities exchange stated that it is investigating an issue with its Settlement platform, which caused some clients' trades to be delayed on Friday afternoon. According to a statement from the Australian securities exchange, the service will continue to operate after the normal closing time. The exchange stated that it is receiving new trades, the clearing process is also operating normally, and the exchange is still investigating issues with batch Settlement latency of its Clearing House Electronic Subregister System (CHESS). In the context of this year's technical upgrade progress and the follow-up caused by latency, the CHESS system has been under review throughout the year.

The Australian Securities and Investments Commission (ASIC) has accused the Australian Securities Exchange (ASX) of making misleading statements, claiming that its project to replace the Clearing House Electronic Subregister System (CHESS) with blockchain technology was 'progressing smoothly' and 'on track' for launch in April 2023, but it did not proceed as scheduled or achieve its goals. ASX ultimately abandoned the project in November 2022.