PlanB_Follower

CoinWorld news, SpaceX recently transferred Bitcoin for the first time in 6 months, conducting a test transaction worth $88, with the address 15atf transferring to address bc1q9. This move has sparked market speculation about whether SpaceX will transfer more Bitcoin in the future.

Wu said he learned that Summer fi released a post-mortem report on the Lazy Summer Protocol USDC vault attack, stating that on July 6, the attacker exploited a flaw in the net asset value (NAV) calculation mechanism of two Ethereum USDC vaults. In a single atomic transaction, they manipulated the share price using a flash loan and stole assets worth approximately $6.04 million. Of this amount, the LowerRisk USDC vault suffered losses of approximately $5.64 million, while the HigherRisk USDC vault suffered losses of approximately $0.4 million. The report said the issue was not a contract code vulnerability or a private key leak, but rather the injection of overvalued assets into the Ark strategy, which was no longer in use but was still counted in the NAV, causing the vault share price to be artificially inflated and completing the arbitrage. After the incident, the protocol paused all Vaults and set the deposit limit to zero, and the team is working with

CoinWorld news: Data released by the New York Fed in June shows that the 1-year inflation expectation is 3.67%, up from the previous value of 3.46%.

CoinJie.com news reports that guided aerial bombs have been launched, targeting Ukraine’s Kherson.

The Singapore International Commercial Court has ruled that Terraform Labs and its founder Do Kwon must compensate 40 investors of TerraUSD (UST) with over $3 million. The ruling is part of the second phase of the fraud lawsuit related to the collapse of TerraUSD, involving some of the 275 claimants. The compensation amount is determined based on the amount of UST held and the holding period. (Bloomberg)

$ACT surged 16.8% in just 3 hours!
Strong community momentum and over $630K in net inflows fueled a sharp breakout, pushing trading volume to 3.9M USDT. 📈
⚠️ However, caution is warranted RSI above 93 signals extremely overbought conditions, while negative funding rates suggest growing short positions.
Momentum is strong, but risk management is essential.
$ACT ‌#BTCProbes60KKeySupportLevel #USNetCapitalInflowsHitRecord884B #STRCHitsAllTimeLow

Wu said that Aave founder Stani Kulechov stated that Aave is expanding its total addressable market (TAM) from crypto assets to all asset classes through securities-backed loans and securities lending. Aave executive Luigi D’Onorio DeMeo said that the global securities lending market has approximately $4.6 trillion in securities on loan, generating about $35 billion in revenue annually, with most of the profits going to brokers. He added that Aave V4 will bring tokenized stocks onto the on-chain securities lending market, allowing users to directly receive all lending income by lending tokenized stocks, enabling real-time transparency and dynamic pricing without relying on intermediaries, and without re-lending user assets.

According to Decrypt, Thailand’s Department of Special Investigation (DSI) has recently announced an expansion of its investigation into a cross-border money laundering network related to China’s “gray capital.” The group launders more than $300 million every year, recruiting Myanmar nationals to withdraw millions of dollars in cash from Thai banks every day, using it for telecom fraud and online gambling money laundering. Authorities have already seized more than 6,390 mining machines and allege they caused electricity theft losses of about $29 million. A key suspect, Wang Yicheng, was previously named by the U.S. Secret Service, and more than $17.8 million worth of “pig-butchering” crypto assets connected to the case has been confiscated by U.S. authorities.

CoinWorld News reports that, according to Whale Alert monitoring, 999 BTC were transferred to an unknown wallet, which is worth approximately $64.6791 million based on the current price.

CoinWorld News: The ETH short position on the pension-USDT.ETH address has reduced by 1,792.00 ETH, which is approximately $3,075,479.12 based on the current coin price. The total holdings of this address amount to $68,543,336.84, with an average price of $1,810.16, and a current profit and loss of +$2,336,194.22 (+10.23%). The current coin price is $1,750.50, and the liquidation price is $2,614.97. This whale often profits through swing trading, with strategies focusing on low leverage, short cycles (average holding about 20 hours), mainly operating large positions in BTC and ETH. Since October, the accumulated profit has exceeded $20 million.

CryptoWorld News reports that, according to OnchainLens, in the past 3 days, a newly created wallet has accumulated a total of 85,000 $HYPE tokens, which are currently valued at approximately $5.6 million. The wallet address is 0x008d9a5fc10072f1c1ff422428f6f8552dae295f.

According to Livecoins, since the enactment of Law No. 14,478/2022 in Brazil and the central bank's release of new regulations on virtual asset supervision, local Bitcoin P2P traders have been facing significant operational pressures. Several interviewed P2P operators stated that the new regulations set high thresholds for virtual asset service providers (VASPs), including a minimum capital requirement of approximately $2.26 million, with exchange-related thresholds reaching up to about $5.66 million, and demanding complex compliance, auditing, and system architecture. Industry insiders believe that the rules lack proportionality, which could make it difficult for small traders to continue operating, leading to market concentration among large institutions, with some independent operators shifting to informal channels or relocating their businesses to overseas jurisdictions with weaker regulations.