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In Brief Do Kwon, associated with the LUNA crash, faces a crucial court hearing. Speculative altcoins LUNA and LUNC have seen substantial losses and investor skepticism. Crypto markets remain unpredictable; investment outcomes are investor responsibilities.
In Brief The cryptocurrency market surpassed $4 trillion, indicating heightened trading activity. ETH, ENA, and XRP face significant liquidation risks amid market fluctuations. Investors should monitor these altcoins closely due to potential volatile movements.
Wisconsin Senate proposes bill requiring full KYC, $1K limits, and personal data collection for Bitcoin ATM users.Wisconsin Bitcoin ATM KYC Proposal Gains MomentumPrivacy Concerns in the Crypto CommunityPossible Impact on Bitcoin ATM Usage
Ethereum’s Pricing Bands suggest $5,210 and $6,946 as the next major upside targets.Ethereum Approaches Key Resistance LevelsHow Pricing Bands Set These TargetsMarket Sentiment and Risk Factors
- 16:12BounceBit plans to use platform fees for BB token buybackJinse Finance reported that the BounceBit Foundation is considering enabling a fee distribution mechanism for BounceBit Trade. The fees generated by the platform will be directly used for the ongoing BB token buyback, which has already been supported by $12 million in revenue from other products. Currently, the foundation is evaluating the fee distribution plan and additional execution channels.
- 16:11DEX aggregator Titan completes $7 million seed round led by Galaxy VenturesChainCatcher reported that DEX aggregator Titan has completed a $7 million seed round, led by Galaxy Ventures, with participation from Frictionless, Mirana, Ergonia, Auros, Susquehanna, and several angel investors. It is reported that the company has completed internal testing of its DEX aggregator, aiming to simplify DEX mechanisms and provide users with more reasonable cryptocurrency quotes.
- 16:04Canadian RCMP seizes over $56 million in cryptocurrency and shuts down TradeOgre platformAccording to ChainCatcher, citing the official website of the RCMP, the Royal Canadian Mounted Police (RCMP) Federal Policing East executed the largest cryptocurrency seizure operation in the country's history, confiscating over $56 million, and for the first time shut down the cryptocurrency trading platform TradeOgre. The investigation began in June 2024, originating from a Europol tip, which revealed that the platform was not registered as a financial services business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), and did not conduct customer identification. Police believe that most of the platform's funds originated from criminal activities, and related transaction data will be further analyzed, with potential charges to follow.