Crypto Markets & On-Chain Ecosystem Developments

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Trader Loses $45K in TJR Token After Celebrity Disavows Coin

Gate News message, Trader CCv4xA spent 50K USDC to purchase 2.47M TJR tokens at the peak price. However, @_TJRTrades later stated on a livestream that "TJR was not his coin," which led to a crash in TJR's value. The trader subsequently sold all 2.47M TJR tokens for only 4,886 USDC, resulting in a
GateNews·07-01 04:01
Trader Loses $45K in TJR Token After Celebrity Disavows Coin

DYDX (dYdX) up 27.00% in 24 hours

Gate News reports, July 1st, according to Gate行情, as of press time, DYDX (dYdX) is now at $0.18, up 27.00% in 24 hours, with a high of $0.20 and a low of $0.16, and the current market cap is approximately $154 million. dYdX is a protocol that allows any financial product to issue and trade ERC20 tokens, using off-chain order books and on-chain settlement to create efficient markets. DYDX is a governance token that allows the dYdX community to hold and govern the dYdX protocol, primarily used for
DYDX3.38%
GateNews·07-01 03:59
DYDX (dYdX) up 27.00% in 24 hours

Evernorth Report: RLUSD Not a Competitor to XRP, Six-Month Trading Volume Reaches $900 Million

Evernorth, a Ripple-backed XRP treasury management firm, released an on-chain data analysis report on RLUSD stablecoin on June 30, disclosing that cumulative trading volume completed via the XRP trading pair since RLUSD's launch has exceeded $2.5 billion, and the past six months' RLUSD/XRP trading pair volume is approximately $900 million, accounting for nearly 90% of the total network volume for that pair. Quantitative Data Revealed by Evernorth Report: RLUSD On-Chain Activity on XRPL (Source:
XRP-2.29%
MarketWhisper·07-01 03:58
Evernorth報告RLUSD非XRP競爭對手

Shanghai Jing'an cracks virtual currency exchange case, involving over 200 million yuan.

On July 1, the People's Procuratorate of Jing'an District, Shanghai disclosed that it had filed a public prosecution against Li and other members of a criminal gang that used virtual currency for cross-border illegal foreign exchange through "mirror trading" on suspicion of illegal business operations. The trial was held on June 10 with a verdict announced in court, marking the end of a series of illegal business cases spanning 3 years with an involved amount exceeding 200 million yuan. Z Compan
MarketWhisper·07-01 03:52
上海靜安破獲虛擬幣換匯案