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Ministry of State Security: The so-called anonymity of virtual currency is a false proposition

The Ministry of State Security's WeChat public account published an article titled "Is Virtual Currency Crime Untraceable? Think Again!" stating that virtual currency has become an important tool for criminals engaging in illegal activities. The associated risks include being a "hotbed" for money laundering crimes, a "shelter" for cyber attacks, and an "accomplice" for espionage and theft. The article argues that the so-called "anonymity" of virtual currency is fundamentally a false proposition.The article states that blockchain is open and transparent, on-chain data is immutable, and complete transaction records are preserved, which can provide a basis for full-chain traceability. Address anonymity is merely a temporary separation of wallet addresses from real identities, and fiat currency exchanges leave traces such as device codes and network IPs. The article summarizes this as examining the ledger, checking the chain, and discussing the private key: the entire transaction leaves traces, making it difficult to hide real identities; if the private key is kept by the individual, it cannot be recovered if lost, while if it is entrusted to a platform, there is a risk of platform bankruptcy or disappearance.The article also mentions that in February 2026, the People's Bank of China and several departments reiterated that Bitcoin, Ethereum, Tether, and others should not and cannot be used as circulating currency, and related activities are classified as illegal financial activities, which are strictly prohibited. The article warns to be cautious of high-paying part-time jobs that settle in virtual currency and states that reports can be made through 12339, www.12339.gov.cn, the Ministry of State Security's WeChat public account, or local national security agencies.

U.S. Republican Senator John Curtis called for an investigation into Donald Trump Jr. and Hunter Biden, involving cryptocurrency business

U.S. Senator John Curtis from Utah, a Republican, wrote to Chuck Grassley, the Chairman of the U.S. Senate Judiciary Committee, and Dick Durbin, the Chief Minority Whip, calling for an investigation into whether Donald Trump Jr. and Hunter Biden exploited their presidential family connections for personal financial gain, and requested subpoenas for both individuals. Curtis pointed out that Donald Trump Jr. had accepted wedding gifts from Russian oligarch Umar Kremlev, actively promoted family-backed cryptocurrency ventures, and served as an advisor for a prediction market platform; the related companies are regulated by the Commodity Futures Trading Commission. Donald Trump stated that his son has returned the relevant funds to Umar Kremlev.Curtis also called for an investigation into Hunter Biden's substantial business dealings with foreign entities, as well as whether the two utilized their relationship with the president to create commercial value. He mentioned that Joe Biden pardoned Hunter Biden in December 2024, who had previously denied involving his father in business transactions. A week prior to this investigation call, Senate Republicans failed to garner enough Democratic support to advance the Digital Asset Market Clear Act. Some Democratic senators opposed the bill, citing reasons including Donald Trump's use of cryptocurrency ventures to gain benefits related to the presidency; Donald Trump disclosed that he earned $1.4 billion from digital asset-related businesses in 2025.

Uniswap may launch a token issuance platform called Pools on the Robinhood Chain, with the infrastructure already online

According to crypto KOL 0xSLK, Uniswap is developing a token issuance platform called "Pools" on the Robinhood Chain. The official website is now online, but the product is not yet open. The pools.trade page displays "Coming soon from Uniswap" and plays a video of a frog jumping into a pond. Research has found that the front-end code related to Pools contains a lot of product information, and its internal name is "Pools - create a token on Robinhood Chain." The "rh-cca" path is believed to be related to the Robinhood Chain and Uniswap's Continuous Clearing Auction (CCA) mechanism.The public code shows that Pools is expected to offer two token issuance models: Crowd Launch: using a 4-hour auction mechanism, with a fixed supply of 1 billion tokens, of which 50% is for auction, and the remaining 50% along with the raised funds is used to establish Uniswap v4 liquidity pools. If the $50,000 FDV target is reached, the tokens will complete migration and open for trading; otherwise, participants can get a refund. Instant Launch: similar to the Bonding Curve model, users can trade immediately, with 80% of tokens used for curve trading, and the remaining 20% and funds used for liquidity building, completing migration after reaching a $50,000 FDV. Currently, the on-chain infrastructure related to Pools has been deployed to the Robinhood Chain. Uniswap's official documentation shows that related contracts include CCA Factory, LiquidityLauncher, and LBPStrategy, among others. Data shows that related contracts have generated hundreds of auction events and completed hundreds of token creations and migrations.Meanwhile, several tokens borrowing the concept of Pools have emerged in the market. Researchers point out that there is currently no official POOLS token, and any tokens named Pools, pools.trade, or UniFrog have not been confirmed by Uniswap Labs. Among them, the meme coin FRONG (which briefly surpassed a market cap of $7 million this morning, rising over 90% in 24 hours) has attracted attention for using a frog image similar to that in the Pools promotional video, but it is still just a community-issued token and not an official Uniswap project. The market is currently focused on whether Uniswap will officially open pools.trade, announce the first official issuance project, and release verified official contract addresses.
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