🌟 Five news worth watching in the cryptocurrency circle in the past 24 hours:
TRON founder Justin Sun bought another $5 million worth of Ethereum
Since February, it has purchased a total of about $1.11 billion, showing its strategic enhancement in the Ethereum market.
The German government transferred 5,103 bitcoins (about $300 million) to multiple exchanges
A total of 31,140 bitcoins have been transferred since June 19, and currently holds 18,860 bitcoins, worth about $1.1 billion.
CFTC Chairman Rothstein Benen reiterated his position that Bitcoin and Ethereum are commodities at a Senate hearing
Said that stablecoins are also considered commodities, and emphasized that the CFTC will not allow Ethereum futures products to be listed.
Cryptocurrency miners are transforming data centers to support the AI industry due to a surge in GPU demand
Companies such as Hut 8 and Bitdeer have begun to provide high-performance computing services and signed contracts with AI companies. Core Scientific has reached a 12-year cooperation agreement with CoreWeave, which is expected to generate about $3.5 billion in revenue.
Well-known cryptocurrency wallet scam tool Inferno Drainer tried to use Railgun to launder Ethereum money but failed. Nearly $6 million worth of assets have been stolen. The team announced that it would stop operations, but its tools and infrastructure will remain active, and warned users not to trust other scammers using its name.
