1. Bitcoin fell below $58,500 this morning, causing a liquidation of $372 million across the network

According to Binance market data, Bitcoin fell below $58,500 this morning and is now quoted at $60,352, a 24-hour drop of 4.59%. According to Coinglass data, in the past 24 hours, the entire network has liquidated $372 million, long orders have liquidated $310 million, and BTC has liquidated $178 million.

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2. ZK Nation announced that the second phase of ZK token airdrop is now available

ZK Nation announced that the second round of ZK token airdrops is now live. If you are a member of the Protocol Guild, a contributor to an external project, or nominated by a ZKsync ecosystem project, you can check your eligibility immediately. This round accounts for 1.91% of the total airdrop supply and will end on January 3, 2025.

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3. Nomura Securities: 54% of Japanese institutional investors plan to invest in cryptocurrencies in the next three years

According to the latest survey by Nomura Securities, 54% of institutional investors in Japan plan to invest in cryptocurrencies in the next three years, with the main motivation being diversification and fighting inflation. Despite obstacles such as regulations and market volatility, the market is positive about mainstream cryptocurrencies such as Bitcoin and Ethereum, and if the cryptocurrency ETF is lifted in Japan, the market is expected to become more active.

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4.Tim Beiko: The Ethereum Foundation’s mailing list has been leaked

Ethereum core developer and All Core Developers (ACD) meeting leader Tim Beiko revealed that the Ethereum Foundation's mailing list has been compromised. The breach appears to have occurred on SendPulse, an email automation service used by the foundation. The attacker managed to send a phishing email from updates@ethereum.org to subscribers, falsely advertising a staking partnership with Lido. The foundation has locked down access to the mailing list.

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5. Trump plans to speak at Bitcoin 2024 conference

Former U.S. President Donald Trump is in talks to speak at the Bitcoin 2024 conference in Nashville in late July. The Bitcoin 2024 conference will be hosted by Bitcoin Magazine and is scheduled to take place from July 25 to 27. Trump is not the only U.S. presidential candidate scheduled to speak at the conference, as former U.S. presidential candidate Robert F. Kennedy Jr. is also scheduled to speak there. Representatives for Bitcoin Magazine did not respond to requests for comment.

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6. Three employees of the cybersecurity company 360 were sentenced for stealing other people's virtual currency, with a total profit of more than 2.5 million

From February 9 to 20, 2023, Hong, together with Yang and Zhang (both handled in separate cases), obtained the target virtual currency website permissions by analyzing and exploiting the Yapi remote code execution vulnerability, and then controlled the intranet server by means of lateral penetration of the intranet and implanting Trojans. After finding the server source code, they downloaded and analyzed the victim Su's virtual wallet address, private key, etc., and constructed false instructions to transfer the virtual currency in the victim's virtual wallet address. Subsequently, they exchanged it for other virtual currencies and sold it, obtaining a total of more than 2.5 million yuan in illegal income. In addition, Hong was the former vice president of Qihoo 360 Advanced Attack Research Institute, and Zheng was the leader of the weapons group of 360's Advanced Attack and Defense Laboratory.

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