1. Trump confirms to attend the Tennessee Bitcoin Summit at the end of the month! Will deliver a 30-minute speech. US presidential candidate Trump has confirmed that he will attend the Bitcoin Summit (The Bitcoin Conference 2024) at the end of the month. Industry insiders believe that this may be one of the major events to promote the development of the crypto industry.
The "mysterious guest" of the Bitcoin Summit is confirmed to be Trump. The Bitcoin Summit will be held in Tennessee, USA from July 25 to 27. The speakers of the summit revealed to foreign media CoinDesk on the 10th that in order to make time for a "very special guest", their speaking schedules have been readjusted, which has sparked speculation that Trump will attend the summit. The organizers of the conference also announced later that Trump will give a 30-minute speech on July 27, the last day of the summit. .Trump will give a speech at the US Bitcoin Conference at the end of July! Can the Meme coin TRUMP be ambushed? With four months left before the US presidential election, former President Trump has also continued to actively win over young votes in Web3. In addition to accepting Bitcoin as a political donation, he has also frequently publicly praised Bitcoin, promising that after his victory, he will end Biden's war on cryptocurrency and ensure that the future of cryptocurrency and the future of Bitcoin "are created by the United States." Trump will attend the 2024 Bitcoin Conference. Today (11), the official Bitcoin Conference said that the Republican presidential candidate Trump has confirmed his participation in the Bitcoin Conference in Nashville, Tennessee. The conference spokesperson told CoinDesk that Trump will give a 30-minute speech on July 27, the last day of the conference. The Bitcoin Conference will be held from July 25 to 27. Trump Meme Coin TRUMP Recent Trends Although the price of TRUMP tokens has continued to fall since the presidential debate at the end of last month, and the price has fallen by more than 50% in the past month, the current price of $6.2 has also risen by 30% from last week's low of $4.2. Whether attending the Bitcoin Conference at the end of this month will cause TRUMP to fluctuate significantly, it will take time to observe. Reminder that the Meme coin fluctuates violently, please be careful before investing, and this article does not constitute investment advice.
2. Machibigbrother Huang Licheng sold all his BLUR! Lost 3.16 million US dollars. Machibigbrother Huang Licheng (machibigbrother) finally broke up with his love-hate BLUR tokens. In the past, he once strongly supported and often criticized Blur founder Pacman for various policies and actions on the protocol, but he also bought BLUR tokens in large amounts and continued to provide liquidity for the protocol.
According to on-chain analysis, Huang Licheng has transferred 18.4 million BLUR to Binance Exchange, worth about $3.13 million. Based on his past purchase cost, the loss reached $3.16 million. Huang Licheng's other positions: BLAST, FRIEND suffered heavy losses. Blast quickly lost popularity after the airdrop was not satisfactory. Huang Licheng's 275 million BLAST (worth about $4.45 million) lost about $1.5 million. The SocialFi social protocol Friend.Tech token FRIEND, whose number of users has fallen into the single digits recently, is also bleak. Huang Licheng owns 8.8 million FRIEND, worth about $1.71 million, and suffered a loss of $13.8 million.
3. The British government sold the stolen money of Monero for the first time! All the XMR obtained by the man illegally was confiscated. A British man, Jack Finney, was sentenced on December 21, 2021 for selling illegal drugs. The court ruled that he must repay the 23,000 pounds earned from the crime, otherwise his sentence will be extended by 8 months. The assets he was forced to repay included a certain amount of Monero, a car sold for 6,240 pounds, and 1,775 pounds in cash.
About three years after the first sale of Monero in the UK, on July 10, these Moneros were sold by the Food Standards Agency (FSA) for £15,000. This was the first sale of Moneros in a case prosecuted by the Crown Prosecution Service (CPS). 4. The SEC quietly ended the Paxos investigation and did not determine that BUSD was a security! But the issuance volume has collapsed by 99%. Is the stablecoin BUSD dead in vain? In February last year, the market value of BUSD suffered a cliff-like drop due to regulatory blockade (the issuance volume has evaporated 99% from the high point). At that time, Paxos was sued by the SEC for suspected "issuance of unregistered securities" and was ordered by the New York State Department of Financial Services to stop issuing new BUSD.
Soon after, Paxos and Binance announced the termination of their cooperation on BUSD. On December 15 last year, Binance also officially stopped supporting BUSD. SEC quietly ended Paxos investigation However, after more than a year, the U.S. Securities and Exchange Commission (SEC) recently quietly ended its investigation into New York-based stablecoin issuer Paxos. Is the stablecoin considered a security? The current situation seems to be negative.
5. A company affiliated with Jump Trading filed a claim of $264 million against FTX: SRM tokens have not been delivered yet. Coindesk reported that Tai Mo Shan, a subsidiary of high-frequency trading giant Jump Trading, filed a claim of up to $264 million against the bankrupt exchanges FTX and Alameda today (11) because they failed to deliver 800 million SRM tokens as per the contract.
Tai Mo Shan files a claim for $264 million As one of Robinhood's former largest market makers, Tai Mo Shan claims that FTX owes him $264 million for 800 million SRM tokens that were not delivered.
