Hong Kong-listed Nanfang Double Leveraged Long SK Hynix Product Plunges 16%

According to Lookonchain’s monitoring, two wallets (likely belonging to the same whale) sold 729,015 UNI tokens today for 1,578 ETH (worth approximately $3 million), cashing out around $3 million.

JPMorgan raises eBay (EBAY.O) price target from $100 to $107. (Jinshi)

According to a report by the Financial Times, after the transition period of the EU’s Markets in Crypto-Assets (MiCA) regulation ended on July 1, impersonation scams targeting crypto users have risen. Scammers are posing as staff from the European Securities and Markets Authority (ESMA), the French Financial Markets Authority (AMF), or cryptocurrency exchange personnel, luring users to transfer assets to fake websites or wallets by falsely claiming platforms are unlicensed and assets need urgent migration. Data shows only 323 crypto firms have secured licenses so far; VASPnet estimates over 1,700 unlicensed entities may need to cease operations.

An employee of a company in Shenzhen’s Pingshan District, who was in debt from online loans, stole the firm’s core R&D materials, then disguised himself as a foreign hacker to send a ransom email demanding 0.88 Bitcoin (BTC), 0.8 BTC, and 90,000 Tether (USDT) as ransom. According to *Procuratorial Daily*, suspect Jia exploited management loopholes at the company to download large volumes of R&D materials from its server and copy the files to his personal mobile phone. He then used overseas email accounts to fabricate a "hacker intrusion" scenario, pressuring the company by claiming the leaked materials would cause massive losses. As the company refused to pay the ransom and reported the case to police, Jia was ultimately sentenced to 3 years and 3 months in prison and fined 10,000 yuan for attempted extortion. During the trial, prosecutors ruled that while Bitcoin and USDT are not legal tender in China, they are virtual assets with property value. The involved virtual currencies, valued at over 630,000 yuan, can be used as the basis for determining the crime amount.

According to monitoring by Onchain Lens, BlackRock's IBIT wallet withdrew 5073.95 BTC from Coinbase Prime over the past 24 hours, worth approximately $327 million.

Bitcoin mining firm PowerCompute has restructured three debts totaling $18 million via Arch Lending, using 307 Bitcoin from its reserves as collateral to replace prior loans from institutions including Galaxy Digital. The new financing is non-recourse, features a 30-day revolving structure, and carries an annual interest rate of roughly 2%—lower than the 12% rate on some of its old loans—enabling the company to cut interest expenses without selling its Bitcoin holdings.