ETH breaks through $3,500

On July 9, according to market information, Hong Kong stocks opened, and digital currency stablecoin concept stocks rose and fell differently. Among them: Jinyong Investment (01328.HK) fell 12.5%, closing up 527.14% yesterday, after announcing a strategic cooperation with AnchorX to explore stablecoin application scenarios; Victory Securities (08540.HK) rose 8.5% after announcing that two virtual asset businesses were approved by the Hong Kong Securities Supervision Commission. Pilot Pharmaceuti...

The hackers launched a phishing attack on the wallet holding $8.70 billion of bitcoin from the Mt. Gox theft. They sent a OP_RETURN transaction to the address, which included a text message pointing to a fake Wall Street investment bank Salomon Brothers website in an attempt to extract the owner's personal information.

According to Spot On Chain, the smart institution that bought $333.78 million worth of ETH in mid-June is now selling. In the past 7 hours, the institution sold 33,585 ETH for 85.38 million USDC (average price of $2,542), locking in a profit of $806,000. They have now realized a profit of more than $30 million from ETH, while still holding 100,000 $ETH (worth about $261.40 million) in collateral.

According to the Wall Street Journal, National Economic Council Director Hassett is a strong contender to be the next Federal Reserve chairperson, having met with Trump in June.

On July 9th, Falcon Finance's stablecoin USDF has now returned to anchor at $0.9951 after briefly peeling off the anchor to $0.9432 last night. Falcon Finance is backed by DWF Labs, and yesterday DWF Labs responded to the "stablecoin USDF temporarily peeling off the anchor": the excess reserve mortgage ratio was 116%.

According to the Korea Intellectual Property Office on July 9, Woori Bank, one of the five largest commercial banks in South Korea, applied for 12 stablecoin trademarks including "WKRW", "KRWOORI", "WONKR" and "CKRW" on July 7, involving cryptocurrency financial transactions and cryptocurrency electronic transfer services. So far, all five major financial holding companies in South Korea have held stablecoin trademarks at the level of affiliated companies or holding companies.

According to Cointelegraph, the volume of SOL futures on CME Group has exceeded $4 billion.

According to foreign media reports, Musk once again attacked US President Trump over the "Epstein case" and confirmed that his newly established political party, the "American Party", will make it a priority to expose the "Epstein case" documents. Musk posted on the 8th, "If Trump does not release Epstein-related documents, how can people be expected to have confidence in him?" A user asked if exposing these documents would become a priority for the "American Party", and Musk responded affirmati...

According to Lookonchain, a whale that had previously bought $333.79 million in ETH sold 33,585 stETH for 85.38 million USDC seven hours earlier at an average price of $2,542.2. The whale has made more than $30 million in profits on ETH and currently holds 100,000 ETH (worth $260.44 million), which may be related to the Alliance DAO.

On July 9th, according to the official announcement of the Department of Justice, Jibreel Pratt, a 26-year-old man from Michigan, pleaded guilty today to two counts, including intending to donate cryptocurrency to the foreign terrorist organization ISIS. According to the plea agreement, in February 2023, Pratt took the initiative to have a phone call with a classified person who Pratt believed could assist him in going abroad and joining ISIS. Over the next few months, Pratt expressed his desire...

According to Farside Investors data, the REX-Osprey SOL spot ETF had a net inflow of $21 million yesterday, and a cumulative net inflow of $41.20 million in the four trading days after listing.

On July 9, Bow Valley Credit Union (BVCU) partnered with Balance Custody and Bull Bitcoin to launch Canada's first "Bitcoin Gateway" service, allowing its members to purchase Bitcoin directly from their BVCU accounts. BVCU members can now purchase bitcoins directly from their accounts through the app, without the need for deep technical knowledge. They can easily purchase bitcoins with Canadian dollars and retain full ownership of the bitcoins.