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On July 7th, Orbiter Finance tweeted that the compensation application for the Discord attack incident has been extended by 6 hours because some eligible users have not yet applied for compensation, and the closing time is 20:30 on July 7th (UTC+8). According to previous reports, the compensation plan is divided into three tiers based on the amount of user losses:...

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Ouyi OKX will list the Frax Finance utility token FXS at 18:00 on July 6, and open the FXS/USDT trading pair. FXS deposits are now open, and FXS withdrawals will be available at 18:00 on July 7. FXS is an unstable utility token in the Frax protocol, which has the governance rights of the system, and the total number of issued is 99,681,752.

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Traders are increasingly flocking from decentralized to centralized exchanges as the memecoin mania is replaced by a boom in exchange-traded funds in the cryptocurrency market, according to The Block. Between May and June, monthly trading volumes on decentralized exchanges dropped significantly relative to centralized volumes, from 22% to 16.8%. Four days into...

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News on July 3, according to Lookonchain monitoring, the giant whale address that had shorted ETH before finally decided to stop the loss, and closed the ETH short position 7 hours ago, with a loss of about 1.88 million US dollars. The giant whale shorted ETH on June 15 and continued to increase its position when the price of ETH rose.

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On June 30th, according to an official announcement, Bitfinex announced that customers will be able to use the Kava transport layer to deposit and withdraw USDT on the Bitfinex platform. This move aims to provide Bitfinex customers with greater accessibility and flexibility in managing USDT. Bitfinex will support USDT deposits and withdrawals on the Kava...

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On June 29th, O(1) Labs, the development team of Mina, a lightweight blockchain protocol, has submitted a proposal to Optimism, suggesting that its zero-knowledge proof technology based on MIP SzkVM be applied to OP Stack fraud proof. In addition to native high-performance snarky JS, it also allows applications to be written in a common language.

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FTX filed a lawsuit against Daniel Friedberg, who served in multiple roles as FTX Chief Regulatory Officer, FTX.US Chief Compliance Officer, and Alameda Research General Counsel. In its complaint, FTX alleges that Friedberg was a “broker” for the exchange’s co-founder SBF, who paid hush money to two potential whistleblowers to keep them from leaking information...

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On June 27th, according to Whale Alert monitoring, 30,000 ETH (approximately US$56.13 million) was transferred to OKX from an unknown address. OKLink data shows that the unknown address is the user address of Binance.

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In an interview at the 3XP conference, Darren Glover, vice president of gaming at talent management agency VaynerSports, said that Web3 content creators should focus on social platforms where relevant audiences already exist and thrive, and avoid relying too heavily on Web3 for all that. Creators should avoid using jargon and complex cryptocurrency and NFT...

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News on June 24, according to Spot On Chain monitoring, etherealcapital.eth removed 152,731 RPL (approximately $6.22 million) from the liquidity pool 7 hours ago, and then transferred 6,270 RPL (approximately $255,000) to the new Wallet 0x6fe, and exchanged 270 RPL for 2.72 ETH 6 hours ago, with an average price of $40.54 and a total of about $109,000. Currently,...

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According to news on June 23, on-chain detective ZachXBT said on social media that Animoon, another NFT scam involving $6.3 million, is currently under criminal investigation in France. ZachXBT said that the total number of PFPNFT projects is 9999, and the unit price is 0.2ETH. It is advertised as a P2E game and has practical functions such as large gifts,...

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News on June 21, according to market data, Grayscale GBTC soared to 17.35 US dollars and then fell back. The current price is 16.85 US dollars, a single-day increase of 11.44%, and an increase of 27.65% in the past 5 days. In addition, since the low point observed in December last year ($7.86), GBTC has increased by 120.73% in half a year. During the same period,...

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On June 20th, the Korean Virtual Assets Exchange Association (VXA) announced on the 20th that it has sent 12 domestic commercial banks, local banks, and online banks that have not signed real-name deposit and withdrawal account contracts with virtual asset exchanges. The due diligence application for signing the real-name account contract was completed. The...

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On June 17th, the encrypted payment company Wyre tweeted that the company is gradually closing down. Due to market conditions, we have taken this decision to protect the best interests of our key stakeholders and customers. This decision was not due to any direction from any regulatory agency. If users have assets on the Wyre platform, they can withdraw the...

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On June 15th, the DeFi directional liquidity protocol Poolshark Protocol has released the source code of the automatic stop loss product Cover Pools on the chain, allowing traders who want to complete directional range orders to use AMM for large-scale transactions, and Cover Pools will automatically increase LP's Price, allowing users to smoothly swap one asset...

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According to news on June 14, Ripple Labs Inc submitted six documents to the court yesterday, one of which was an important document that strongly opposed the US Securities and Exchange Commission (SEC) request for summary judgment. In the 89-page document, Ripple shared insights into the many inconsistencies in the SEC's arguments and seeks summary judgment...

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On June 13th, Circle CEO Jeremy Allaire released his testimony on the company’s official website that he will testify at the hearing of the Financial Services Committee of the US House of Representatives on June 13th local time. The key points are: 1. All eyes are on On the U.S. dollar, the measures taken by the U.S. government in the next few years will have a...

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Coin World reported that Nike’s Web3 wearable device platform .Swoosh announced on social media that the Reveal schedule will be released at 12 noon Pacific Standard Time on Thursday, June 15, and more information will be released next week. Previously, Swoosh had said that due to falling behind schedule, the Reveal timetable, which was originally scheduled to be...