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Circle shareholders file a lawsuit against Trump and WLFI, alleging they profited personally via transactions linked to the UAE.

54 minutes ago

Circle Internet Group shareholder Joel Greenberg has sued former U.S. President Donald Trump’s family crypto project World Liberty Financial in a U.S. federal court, alleging Trump violated the U.S. Constitution’s Foreign Emoluments Clause via two United Arab Emirates (UAE)-related transactions. The clause prohibits public officials from accepting benefits from foreign governments without congressional approval. The lawsuit states that ahead of Trump’s second term, World Liberty Financial sold a 49% stake for $500 million, with funds allegedly sourced from the UAE; another transaction involved a UAE government-established investment fund purchasing $2 billion worth of Trump family digital currency. Greenberg claims these deals earned Trump millions of dollars and expanded the circulation of his stablecoin. Greenberg holds approximately 10,000 Circle shares and filed a shareholder derivative suit on behalf of the company, seeking to recover funds Trump obtained from the transactions, demand disclosure of other foreign crypto payments, and secure unspecified damages. The White House and World Liberty Financial have not yet responded to requests for comment, and the allegations have not been adjudicated by a court.

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QuickSwap: Soneium deployment interface will be closed on December 31; users are advised to withdraw their assets in advance.

Decentralized exchange platform QuickSwap announced that its deployment interface on Soneium will cease operations on December 31, 2026. To facilitate the transition, QuickSwap is urging all liquidity providers and users on the chain to directly withdraw their assets and LP positions via the interface before this date. The protocol noted that even after the interface is shut down, users can still retrieve their assets independently through the official Soneium block explorer.

1 minutes ago

A dormant whale inactive since 2017 transferred 3,000 ETH to Kraken, with its holdings having appreciated roughly 128 times.

According to EmberCN monitoring, 3,000 ETH withdrawn from Gemini in 2017 was transferred to Kraken 10 minutes ago after lying dormant for approximately 9.5 years. At the time of withdrawal, ETH traded at $19, valuing the holdings at $56,000; the sum was worth $7.23 million at the time of the recent transfer, marking a roughly 128-fold increase.

1 minutes ago

The Philadelphia Semiconductor Index in the US stock market fell 5.67%, hitting its lowest level since July 29.

According to market data from BIT (bit.com), the US semiconductor sector in the stock market declined across the board. The Philadelphia Semiconductor Index fell 5.67%, hitting its lowest level since July 29. Among its component stocks: AMD dropped 7.21%, Intel down 6.57%, Applied Materials down 6.57%, Arm down 6.75%, Seagate Technology down 7.81%, Western Digital down 6.95%; Micron Technology down 4.29%, NVIDIA down 3.93%, TSMC down 3.97%, Broadcom down 3.79%, ASML down 4.83%. Multiple sub-segments including storage, semiconductor equipment, and chip design came under simultaneous pressure. Additionally, Lam Research fell 9.78%, Lumentum down 9.24%, Coherent down 11.81%, and the 3x Long Semiconductor ETF dropped 17.09%.

1 minutes ago

A crypto whale shorted STRK, posting a 154.3% return.

STRK fell approximately 14.4% today, currently trading at around $0.053. According to TradingBeats monitoring, Hyperliquid address 0xfe7c currently holds ~75.45 million STRK short positions, using 5x full leverage, with an average entry price of ~$0.08159, position value of ~$4.02 million, unrealized profit of ~$1.9 million, and a position return of ~154.3%. The address already held ~40.94 million STRK short positions on October 12, with an unrealized loss of ~$1.53 million at that time, and has since added to its position to reach the current size. In addition, the address holds the following major short positions: - ETH: ~4,367 units, position value ~$10.5 million, unrealized profit ~$160,000, 25x full leverage - NEAR: ~1.85 million units, position value ~$9.25 million, unrealized profit ~$500,000, 10x full leverage - PUMP: ~1.3 billion units, position value ~$6.26 million, unrealized loss ~$420,000, 10x full leverage - ZEC: ~1,924 units, position value ~$2.43 million, unrealized profit ~$170,000, 10x full leverage

1 minutes ago

The yield on the 5-year U.S. Treasury note fell to 4.825%, the lowest level since September 23.

According to market data from BIT (bit.com), the yield on the US 5-year Treasury note fell to 4.825%, hitting its lowest level since September 23, with an intraday decline of 14.33 basis points.

1 minutes ago

SpaceXSI launches official Grok partner network.

SpaceX launches the SpaceX Super Intelligence (SI) Partner Network, with partners including NVIDIA, Apollo, Databricks, and Bain Capital.

1 minutes ago

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