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Share link:In this post: WLFI started a vote on Independence Day to make the $WLFI token tradable. Early supporter tokens will be partly unlocked if the vote passes, and holders will gain voting rights. Lawmakers are concerned about Trump’s connection to WLFI even though his family now owns less.
Share link:In this post: A United Kingdom court has sentenced Raymondip Bedi and Patrick Mavanga, for their involvement in crypto investment fraud. According to authorities, these men cold-called victims into investing in a fake website run by them. The FCA has reiterated its mission to continue to go after criminal elements in the United Kingdom amid a rise in crime.
Share link:In this post: Microsoft has announced that it will be winding up its operations in Pakistan, marking an end to its presence in the country. The company has promised that it will make customer arrangements so that users will not be affected. Western tech giants struggle in Pakistan amid competition from local and Asian tech firms.
Share link:In this post: A Canadian woman has sued a phone company over the theft of her Bitcoin in a SIM swap scam. Vandenbosch dragged Rogers Communications and Match Transact Inc. to court over their alleged roles in the theft. The victim challenged the previous arbitration ruling, asking the court to apply the new rules retroactively.
Share link:In this post: Russia has set up its register for crypto mining hardware. The government initiative aims to identify illegal mining farms. Moscow wants to bring Russian crypto miners out of the shadows.
- 04:32Bitget Launchpool to List Chainbase Token (C)Foresight News reports that Bitget Launchpool will be listing the Chainbase Token (C) project, with a total prize pool of 2.75 million C. The staking channel will be open from July 14, 8:00 PM (UTC+8) to July 16, 8:00 PM (UTC+8). This round of Launchpool features two staking pools. The BGB staking pool has a total airdrop of 2.5 million C, with a staking cap of 50,000 BGB for VIP users and 5,000 BGB for regular users. The C staking pool has a total airdrop of 250,000 C, with an individual staking cap of 2,778,000 C.
- 04:32A major whale liquidates 407,427 TRUMP tokens, incurring a loss of approximately $1.37 millionAccording to Foresight News, as monitored by Lookonchain, a major whale sold 407,427 TRUMP tokens (worth approximately $3.96 million). These tokens were purchased five months ago, and this transaction resulted in a loss of about $1.37 million for the whale.
- 04:27Data: "Insider Trader" Short Positions Liquidated for $210 Million, Total Losses Exceed $24 Million, Remaining Margin Fully Transferred to BTC ShortsAccording to ChainCatcher, monitoring by Ember shows that the "insider trader" @qwatio suffered large-scale liquidations within the past hour and a half, with $210 million in short positions forcibly closed. The current position has dropped to just $58 million, and the margin balance has fallen to $1.58 million. Previously, nearly all of the $26 million in profits had been given back; the last short position resulted in a loss of $16.27 million, and this time another $8.46 million was lost. In addition, the "insider whale" has transferred all remaining margin to BTC short positions, raising the average entry price for the BTC shorts to $121,176.