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Ripple and the SEC have officially ended their legal fight by dismissing all appeals. XRP surged 5% as traders welcomed the final resolution.
Share link:In this post: Ethereum drainers impersonating trading bots have reportedly stolen over $900,000 from crypto users. Malicious smart contracts use obfuscation techniques to hide attacker wallet addresses. Scammers are using aged YouTube accounts and AI-generated videos for legitimacy.
Share link:In this post: Amazon gave the Trump administration a $1 billion credit deal to support cloud and AI use across federal agencies. The agreement runs through 2028 and is part of Trump’s OneGov plan to centralize tech spending. Agencies will work directly with Amazon Web Services, cutting out resellers to save costs.
Share link:In this post: OPEC+ promised to boost oil production by 2.5 million bpd by September, but is falling short. Saudi Arabia is doing most of the work, while others are either maxed out or restricted. Strong demand from China and the Middle East is keeping oil prices high.
- 09:07Data: A new address purchased approximately $520,000 worth of "4" in the past hourAccording to ChainCatcher, on-chain analyst Ai Yi has monitored that as the market cap of the BSC ecosystem Meme coin "4" rebounded to 120 millions USD, a new address purchased approximately 520,000 USD worth of "4" in the past hour, with an average cost of 0.1154 USD.
- 08:55Economist Peter Schiff: The crypto market has not escaped the downtrend, and Strategy's bitcoin paper gains could "evaporate"ChainCatcher reported that economist and cryptocurrency critic Peter Schiff posted on X, stating: "The cryptocurrency market massacre continues, with bitcoin price falling below 110,000 US dollars and ethereum price dropping below 3,700 US dollars. If ethereum further breaks the key support level of 3,350 US dollars, its price is likely to plunge to 1,500 US dollars, representing a nearly 70% drop from its all-time high. If this happens, bitcoin price could fall to around 75,000 US dollars, a 40% decline from its peak, wiping out all paper gains of Strategy."
- 08:16Hong Kong Financial Secretary: Some digital asset prices fluctuate significantly, and Greater Bay Area residents show strong interest in diversified asset allocationChainCatcher news, Hong Kong Financial Secretary Paul Chan Mo-po published a blog post titled "Consolidating Ties with Traditional Markets," in which he pointed out that every year, there are uncertainties in the global economic and market outlook, causing increased concerns about the risks facing international markets in the coming year. Although the global financial markets have generally performed well this year, the international gold price has reached a record high and some digital asset prices have experienced significant volatility, reflecting that global markets are accelerating the allocation of assets other than the US dollar to reduce risk. The rapid development of the Guangdong-Hong Kong-Macao Greater Bay Area is an opportunity that global investors cannot afford to miss. The strong interest in diversified asset allocation among people in the region is one of the main driving forces for Hong Kong to become the world's largest cross-border asset management center.