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Tron price climbed 4.2% to $0.33 while other major altcoins declined, driven by increased stablecoin demand as traders rotated profits into safer assets.
Conflux rallied 28% following its partnership announcement for the AxCNH offshore yuan stablecoin launch in Singapore and Malaysia, driving trading volume up 128% amid bullish technical indicators.
Quick Take South Korea’s central bank has installed a virtual asset division to monitor the crypto market and lead internal discussions on local currency stablecoins. It also renamed its existing digital currency team, likely indicating a more active stance towards digital currency initiatives.
Quick Take Rowland Marcus Andrade, the founder of AML Bitcoin, was sentenced to 84 months in prison today . The court said Andrade misled investors about AML Bitcoin’s technology, business potential, and launch timeline, defrauding them of more than $10 million.
- 01:47US Senator Warren criticizes the Trump family again for profiting from cryptocurrencies and failing to deliver on promises to reduce inflationJinse Finance reported that U.S. Democratic Senator Elizabeth Warren once again harshly criticized Trump in a video posted on the X platform, accusing him of failing to deliver on his promise to reduce inflation, while at the same time his family's cryptocurrency business has increased his wealth by several billions of dollars. She said: "What is shocking to everyone is that Trump is actually a big liar. He did not lower grocery prices; instead, he played a 'red light, green light' game with tariffs, which actually increased your shopping costs. Reports indicate that the Trump family's holdings in World Free Finance Company tokens surged in value after the token was listed for trading, bringing about $5 billions in paper wealth growth. Trump profited handsomely during his presidency, while you had to pay higher costs. This is an act of betrayal, and we will never let him get away with it."
- 01:42Vitalik: Ideas such as Ethereum scalability are expected to be implemented as key milestones are achieved in the short-term expansion roadmap.Jinse Finance reported that Ethereum co-founder Vitalik Buterin stated on the X platform that the Ethereum team has performed exceptionally well this year, contributing in various aspects to ensure Ethereum’s long-term scalability, decentralization, and resilience. All these ideas are expected to be ready for implementation as the key milestones of the short-term scaling roadmap are achieved. According to a tweet reposted by Vitalik Buterin, Ethereum developers have now proposed a minimal zkVM for streamlined Ethereum called “leanVM,” which has been optimized for XMSS aggregation and recursion. Compared to Cairo, leanVM minimizes commitment costs through a four-instruction ISA, multilinear STARK, and logup* lookup.
- 01:22Data: The whale who previously sold ETH at $4,519 has bought again, adding 2,321.7 ETH to their holdingsChainCatcher news, according to Ember monitoring, the whale who previously liquidated ETH at $4,519 started buying ETH again 4 hours ago, spending 9.917 million USDT to accumulate 2,321.7 ETH at an average purchase price of $4,272.