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The U.S. Secret Service seized $225 million in cryptocurrency last month, recovering a total of $400 million in digital assets over the past decade.

10 hours ago

On July 6th, as per Bloomberg, the Global Investigations Operations Center (GIOC) of the Transportation Security Administration (TSA) managed to seize $225 million in cryptocurrency last month. This came after a large-scale investigation that involved the Federal Bureau of Investigation (FBI) and the U.S. Attorney's Office. Over the past decade, the team of the TSA's Global Investigations Operations Center has retrieved digital assets worth $400 million from criminals. The majority of the recovered funds (amounting to approximately $400 million) "are all being held in a cold wallet." In addition to seizing these cryptocurrencies, the GIOC also conducted a week-long free training course in more than 60 countries/regions to educate local law enforcement officials on how to identify and prevent cryptocurrency-based fraud and crime.
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Suspected Staking Service Provider Arthapala's Address Once Again Transfers 5850 ETH to a CEX, Approximately $14.73 Million

On July 6th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the address of the suspected staking and validation service provider Arthapala has once again deposited 5850 ETH into major exchanges within the past 5 hours, with a total value of $14.73 million.

16 minutes ago

BiyaPay Analyst: Bull Run Terminated, 20,000 BTC Dormant for 14 Years Moved, Bitcoin Plunges from 110K

July 6th: A Bitcoin holder has recently transferred 20,000 BTC that had been dormant for more than 14 years. The market value of these bitcoins is approximately $2.18 billion. The transfer of these 20,000 BTC triggered a strong reaction in the market, causing the Bitcoin price to drop sharply from the previous $110,000, instantly cooling market sentiment. It is worth noting that these bitcoins were purchased at only $0.78 each 14 years ago. This means that the return on investment (ROI) from this transfer is as high as 140,000 times. This enormous return has attracted widespread attention in the market and prompted many investors to reevaluate the future direction of the Bitcoin market. This recent price fluctuation of Bitcoin has undoubtedly broken the previous bullish trend, and the sharp change in market sentiment has created uncertainty about the future Bitcoin price. However, BiyaPay, as a stablecoin trading and digital asset platform, is committed to providing users with a tran

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Hong Kong Financial Secretary: Hong Kong has over 210 listed ETPs, pegged assets include digital assets and more

On July 6th, Hong Kong's Financial Secretary Paul Chan stated in an article that "At present, ETPs listed in Hong Kong have their underlying assets linked to a variety of assets such as stocks, fixed-income products, commodities, currencies, and digital assets. The sources of these assets cover the Mainland, the United States, Europe, Japan, South Korea, Southeast Asia, the Middle East, and South America." "ETPs enable issuers to have greater flexibility in selecting underlying assets, product returns, and risk structures, making it easier for them to attract investor interest and hedge risks. They continuously launch new products to meet the constantly changing market trends. For instance, in March of this year, Hong Kong welcomed the first batch of leveraged and inverse products in Asia, including those tracking popular U.S. stocks like NVIDIA, Tesla, Coinbase, and MicroStrategy, with a focus on intraday leverage changes. These products not only enrich the market ecosystem but also

16 minutes ago

「American Party」 Concept Emerges: Musk Says Breaking Two-Party Monopoly Not Hard

On July 6th, according to multiple U.S. media reports, Elon Musk is hatching a potential move that could transform the U.S. political landscape. It is reported that he is advocating for the establishment of a new political party named the "American Party." In contrast to the traditional third-party's nationwide expansion approach, Musk intends to concentrate his efforts and aim at 2 to 3 Senate seats and 8 to 10 House seats, concentrating on those crucial swing districts. With the influence of the X platform, existing Political Action Committees (PACs), and strong mobilization capabilities, Musk can promptly conduct polls, crowdfund signatures, and organize candidates. Subsequently, Musk made remarks on breaking the two-party monopoly, stating, "To be honest, it's not that difficult."

16 minutes ago

Bitcoin mined an empty block at height 904263 65 minutes ago

On July 6th, based on mempool data, a miner mined an empty block at the Bitcoin height of 904263 (indicating that the block only contained the block reward Coinbase transaction), and there was only 29 seconds between this block and the previous one. Mining an empty block is carried out by miners for economic reasons. It is the most rational choice for them. Miners do this to make full use of this time for mining and avoid any conflicts with transactions included in the parent block. This means that miners cannot include any transactions in the block and can only try to mine an empty block.

16 minutes ago

This Week US Ethereum Spot ETF Net Inflow: $2.191 Billion

On July 6th, based on Farside's monitoring data, this week the net inflow of the Ethereum spot ETF in the United States amounted to $2.191 billion.

16 minutes ago