Vitalik Supports Roman Storm: Hopes the US Will Lead the Way in Making a Safer, Less Data-Leaky World a Reality
On July 5th, Vitalik, the founder of Ethereum, posted an article stating, "The interview of Roman Storm, the co-founder of Tornado Cash (which we heavily relied on in the 2019 FinCEN guidance clearly indicated that service providers of anonymization software are not subject to the regulation of the Money Transmitter Business License. This makes us believe that what we are developing should not place us in a high-risk position) is very good. His trial is about to begin in 10 days."
Today, the message of backdoor-free privacy has been widely recognized, and many business and government officials are also regularly using tools like Signal. Considering that we frequently witness the breach of centralized databases, enhancing privacy protection in areas such as payments, identity, artificial intelligence, etc. should not be regarded as a need to "balance" between privacy and security; it is an integral part of security itself.
I hope that the United States can take the lead in making a wo
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「Whale Insider」 Doubles Down on Bitcoin and Ethereum Short Positions, Overall Losses Exceed $14 Million
On July 5th, as monitored by OnchainLens, the "Insider Whale" @qwatio once more increased his short positions in Bitcoin (with a 40x leverage) and Ethereum (with a 25x leverage) after being partially liquidated consecutively for 10 times. In this transaction, he has already suffered a loss of $16 million, and in total, his overall loss has now exceeded $14 million.
Currently, the size of his Bitcoin short position is $55,854,244 with an unrealized profit of $129,125.46; The size of his Ethereum short position is $11,052,100.83 with an unrealized loss of $138,595.90.
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Analysis: Targeted Tariffs Could Support the US Dollar
On July 5th, UBS Global Wealth Management analysts stated in a report that in the short term, the most favorable situation for the US dollar would be the implementation of targeted tariffs by the US. With the deadline approaching on July 9th for resuming higher retaliatory tariffs after a 90-day truce.
The analysts mentioned that the US may impose tariffs on some countries that have not made significant progress in trade agreements, while extending the tariff suspension for those countries that have made progress. In trade wars, targeting specific countries often leads to the strengthening of the US dollar, while broad tariffs usually result in the weakening of the dollar. (FXStreet)
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Clothing brand Mac-House has officially entered the cryptocurrency mining business, partnering with mining company Zero Field.
On July 4th, the nationwide Japanese fashion chain brand Mac-House announced that it has signed a comprehensive cooperation agreement with the domestic large-scale cryptocurrency mining enterprise Zero Field and has officially entered the cryptocurrency mining business. This move comes after the company's announcement in June of a large-scale Bitcoin purchase plan, indicating that its layout in the cryptocurrency asset business is accelerating.
Through this cooperation, Mac-House will further establish "mining" as the core pillar of its cryptocurrency business based on a "buy and hold" strategy in order to reduce price volatility risks while maximizing profit opportunities. The cooperating party, Zero Field, is a wholly-owned subsidiary of the artificial intelligence company Tripleize. According to data from the Tokyo Industrial Survey, Zero Field has ranked first in domestic mining machine sales in Japan for four consecutive years.
Mac-House will utilize Zero Field's domestically an
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Analysis: Today's activation of over 80,000 bitcoins by the ancient whale is not a "rug pull"
July 4th. Today, the Chinese community engaged in extensive discussions regarding the address related to the "14-Year Dormant Bitcoin Whale Activating Over 80,000 Bitcoins," referring to it as the "Rug Pull Revival." In response to this, the crypto analyst AI Auntie ai_9684xtpa remarked, "It is unlikely to be a rug pull; it seems that he only began mining in 2012." The whale has been accumulating Bitcoin in the address since 2011.
Previously, on November 12, 2024, the dormant rug pull address 1BnkE...yxFey, which had remained inactive for four years, transferred 206.34 BTC with a value of $18.12 million to the address 15286...bjYma just 10 minutes ago; currently, all the Bitcoin in that address has been depleted.
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