recently, the billion-dollar fund scam called "Xin Kang Jia" with a claimed "daily interest rate of 2%" collapsed, causing the entire society to pay attention to and be vigilant against new types of online fraud. Intensive regulatory "whistleblowing", according to incomplete statistics, since July, financial regulatory authorities in many places including Guangdong, Yunnan, Hunan, Liaoning, Heilongjiang, Zhejiang, Fujian and other places have issued intensive warnings about illegal fundraising risks and new types of online fraud risks under the name of "virtual currency". 

according to on-chain analyst Ai Yi (@ai_9684xtpa), the address that opened a position of 1074 WBTC four years ago recharged 200 WBTC to HTX an hour ago, worth about 23.58 million US dollars. If this address sells at the current recharge price of $117,908, it will make a profit of about 21.44 million US dollars, with a return rate of over 10 times. In the past 24 hours, this address has transferred a total of 300 WBTC to exchanges, with a total value of about 35.37 million US dollars.

according to Onchain Lens monitoring, two (possibly related) wallets deposited 2831 MKR to Binance, worth approximately 6.03 million US dollars, with a total profit of 1.58 million US dollars.

on the 18th, US President Trump signed a stablecoin regulation bill. This is the first stablecoin legislation at the federal level in the United States. However, what risks are hidden in the development of stablecoins, and how will it reshape the financial ecosystem attract attention. The Financial Times of the United Kingdom stated that the cross-border flow of funds of stablecoins is anonymous, making it difficult for regulatory agencies to effectively track the flow of funds, accurately estimate the scale of funds, and provide opportunities for money laundering and other illegal financial activities, greatly increasing the difficulty of regulation. In countries and regions with weak financial systems, the widespread use of stablecoins will inevitably have a strong impact on the local financial system. Once stablecoins encounter a crisis, it is extremely easy to trigger a chain of market trust crises, leading to the outbreak of run risks.

Nasdaq-listed company Bit Digital (stock code: BTBT) announced that it has used the net proceeds of the recently completed $67.3 million private placement to purchase approximately 19,683 Ethereum (ETH). After this transaction, Bit Digital's total Ethereum holdings reached approximately 120,306 coins.

according to Arkham monitoring data, about four minutes ago, a whale transferred 2.531 million CRV to Binance, worth $2.58 million. Five months ago, the whale received about 2.69 million CRV, valued at $1.36 million. If the sale is made this time, a profit of $1.31 million will be made, with an investment return rate of 96%.

decentralized derivatives trading platform dYdX announced the acquisition of the encrypted social trading platform Pocket Protector, marking its first external acquisition. This transaction will integrate most of Pocket Protector's engineering team into dYdX, and co-founders Eddie Zhang and Kaiser Kinbote will also join dYdX as CEO and Head of Growth, respectively. dYdX founder and CEO Antonio Juliano told The Block that Pocket Protector has a total of 9 employees.

Hong Kong Financial Secretary Chen Maobo published a ministerial essay, pointing out that the 35th Hong Kong Book Fair, which lasted for seven days, opened at the Hong Kong Convention and Exhibition Center on the 16th, and the "Hong Kong Innovation and Technology Special Flash Exhibition Area" was set up for the first time.

Federal Reserve Board member Waller: If the Federal Reserve waits another six weeks to cut interest rates, there may be no problem, but there is also no reason to continue to delay.

 Fed Governor Wall: If President Trump appoints me as Fed Chairman, I will accept. 

 Volkmar Baur, an analyst at Deutsche Bank, said in a report that the upcoming elections in Japan could be a turning point for the country and have a negative impact on the yen. Opinion polls show that the government faces the risk of losing a majority of seats in the Sunday Upper House elections. He also stated that the possibility of holding new elections in the Lower House cannot be ruled out. This increases the uncertainty of future fiscal policy and makes trade negotiations with the United States more difficult, "which will definitely weaken the yen." Baur said that even without any changes, if the government introduces new fiscal measures in response to the election results but fails to address structural issues, the yen may also decline. 

according to Bitcoin.com News, Basel Medical Group has suspended its bitcoin acquisition strategy, citing ongoing regulatory uncertainty surrounding digital assets in the United States.

Jarett Dunn, former senior developer of Pump.fun, is currently being held in custody in a London prison for violating bail conditions. The Canadian developer had previously admitted to abusing his power for fraud and transferring criminal property - he worked at Pump.fun for six weeks and embezzled about 2 million US dollars. However, during the sentencing hearing in October last year, he suddenly requested to withdraw his guilty plea, leading to his legal team withdrawing from the case. Dunn moved from London to Liverpool during his bail period, violating the electronic ankle monitoring regulations, and was arrested in June.

according to the announcement of Victory Securities (Holdings) Limited, the company expects to record a comprehensive pre-tax profit of approximately HK$47.04 million in the first half of 2025, with a net profit of approximately HK$40.72 million, turning from a loss to a profit compared to the same period last year.

Binance officials issued a warning on social media that the only official website of the Trusta.AI (TA) project listed on BinanceAlpha and Binance contracts is trustalabs.ai. It has been discovered that there are tweet links that automatically redirect to unofficial affiliated websites, which may be suspected of impersonating the project. Before taking any action, please carefully check the URL to ensure that you are visiting the correct official website.

 Binance founder CZ posted on social media "Cryptocurrency markets are volatile." It is worth noting that this latest tweet was retweeted from CZ's tweet of the same content on January 19th this year, "Cryptocurrencies are highly volatile (this volatility can be both a risk and an opportunity.)", but with slight differences.

President Trump once again called on the Federal Reserve to cut interest rates, saying: We should reach a level of 1% (interest rate). In many ways, the committee should bear equal responsibility, high interest rates make it difficult for young people to buy houses. (Jinshi)

according to The Washington Post, nearly 70 officials and nominees in the Trump administration held cryptocurrency or blockchain company investments at the time of their appointment, accounting for more than one-fifth of senior nominees. Trump himself held at least $5.1 million in cryptocurrency assets, Vice President JD Vance and seven cabinet members or nominees collectively held at least $2 million in cryptocurrency investments.

 according to Lookonchain monitoring, an investor deposited another 1 billion $PUMP (approximately $4.7 million) into #Bybit about 30 minutes ago. The investor had previously purchased 12.5 billion $PUMP by spending 50 million $USDC through private placement with pumpfun, and in the past 4 days, has directly deposited 9 billion $PUMP (approximately $52 million) into #Binance and #Bybit.

it recently received information from JD Coin Chain Technology that someone has impersonated JD's name and released a digital currency called JD-HKD on mainstream trading platforms to deceive users into participating in trading. These fraudulent activities not only harm the legitimate rights and interests of JD Coin Chain Technology, but also cause harm to users participating in the trading. JD Coin Chain Technology has communicated with mainstream trading platforms to remove the relevant digital currency and has issued a notice to users. JD Coin Chain Technology stated that as a participant in the sandbox of the Hong Kong Monetary Authority stablecoin issuer, it fully complies with the process guided by Hong Kong regulations. Before obtaining a license as a stablecoin issuer in Hong Kong, any issuance of coins using the name JD stablecoin, JD-HKD, JD-USD, etc. to attract users to purchase, as well as issuing coins under the name of JD or JD's partners, are all scams. JD will also not issue any governance tokens other than JD stablecoin. (Interface)