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A $300 million crypto scam has left 1,200+ investors in Mexico and the US without funds, as authorities pursue suspects in a cross-border probe.
Quick Take A wallet linked to Ethereum Foundation has sold roughly 2,795 ETH, worth about $12.7 million, late Tuesday night, according to Lookonchain. Ethereum surged more than 7% in the past 24 hours to trade above $4,500 on Tuesday.
Chainlink jumped 10.5% to $24.2 following a strategic partnership with Intercontinental Exchange and hitting $93 billion in Total Value Secured. The rally positions LINK to potentially break five-month resistance at $25.
Ethereum rallied 6.31% to $4,515 following BitMine’s announcement of a massive $20 billion fundraising expansion. The move aims to accelerate ETH acquisitions as the firm targets owning 10% of Ethereum’s total supply.
Grayscale debuts DeepBook and Walrus trusts, granting accredited investors direct exposure to foundational Sui blockchain tokens DEEP and WAL as both tokens post gains.
- 23:01Federal Reserve's Barr expresses concerns over Bitcoin-backed stablecoinsJinse Finance reported that Federal Reserve Governor Michael Barr expressed concerns that under the newly passed GENIUS Act, stablecoins might use bitcoin as a reserve asset, which could threaten the stability of these digital payment tools. Barr acknowledged the potential advantages of stablecoins in international remittances, cross-border trade, and corporate financial management, but emphasized that there are significant regulatory loopholes under current frameworks. Although the GENIUS Act does not directly support bitcoin as a reserve, it allows holding "any medium of exchange authorized or adopted by a foreign government" as a reserve asset. Barr pointed out that El Salvador once adopted bitcoin as legal tender and still allows voluntary transactions, so issuers might argue that bitcoin buybacks could qualify as eligible reserve assets for stablecoins.
- 23:01某交易所.eth purchased UPONLY NFT from Cobie with 25 million USDCAccording to Jinse Finance, Arkham monitoring shows that a certain exchange.eth (0x17F) purchased the UPONLY NFT from Cobie: maniac.eth (0x2eB) with 25 million USDC.
- 23:01an exchange: Some platform functions may still be unstable, services are being restoredJinse Finance reported that the support team of a certain exchange stated that due to today's AWS outage, the company's services are gradually recovering, but some platform functions may still experience instability. The exchange will continue to provide updates as new developments arise.