News

According to Jinse Finance, on July 4, the Cambodian government announced that it had discussed and reached a consensus with the United States on a joint statement within the framework of a trade agreement concerning reciprocal tariffs. Details such as tariff rates have not yet been disclosed. The Cambodian side revealed that on the morning of the 4th, Cambodian Deputy Prime Minister Sun Chanthol and Sarah Ellerman, Assistant U.S. Trade Representative for Southeast Asia and the Pacific, held online consultations. The joint statement will be released soon. In April, U.S. President Trump proposed a 49% reciprocal tariff rate to Cambodia, the highest in Southeast Asia. Cambodia has a high proportion of exports to the U.S. in sectors such as apparel. If the planned tariffs are imposed, it will have a serious impact on the employment environment and other areas. (Nikkei News)

BlockBeats News, July 5 — 10xResearch posted on social media that there is speculation the “Bitcoin miner whale who awoke after 14 years of dormancy yesterday” may be connected to “Bitcoin Jesus” Roger Ver. He was released from a Spanish prison on medical bail on June 5 this year, and the last time these bitcoins were moved was in May 2011—coinciding with Roger’s entry into the Bitcoin space in February 2011. He is believed to hold billions of dollars’ worth of bitcoin. BlockBeats note: Roger Ver, known as Bitcoin Jesus, is one of the earliest angel investors in Bitcoin. He has supported several startups including BitPay, Purse, and ShapeShift. He is also the CEO of the portal Bitcoin.com.