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According to on-chain analyst Ai Yi's monitoring, former ConsenSys ambassador Russell Verbeeten (@rverbee) has started transferring a large amount of ETH after a year, with the source of his funds traceable back to 10 years ago, at a cost as low as $5.6. Seven hours ago, he withdrew 20,426 ETH ($37.26 million) from Aave, which was then distributed to 10 new addresses, one of which has 4,144 ETH deposited into the Coinsquare exchange, while other tokens have not yet been transferred or sold.

According to Cryptopolitan, the Digital Asset Exchange Alliance (DAXA) in South Korea has introduced new compliance standards requiring exchanges to revoke API keys suspected of being improperly shared among users. The new regulations aim to combat market manipulation, false orders, and other behaviors that exploit shared or leaked API credentials.According to the new guidelines, DAXA member exchanges will take strict measures when suspicious API sharing behavior is detected. After enhanced monitoring and user warnings, users will be required to undergo mandatory re-authentication. Upbit, Bithumb, Coinone, Korbit, and Gopax are all regulated by DAXA, and these exchanges will also implement an IP whitelist system to restrict API access only from approved addresses. The Financial Supervisory Service of Korea stated that automated trading currently accounts for about 30% of domestic cryptocurrency trading volume.

According to the Korea Economic Daily, the National Police Agency of South Korea has formed a special task force to combat money laundering involving cryptocurrencies, led by the head of the Economic Crime Investigation Division, with participation from the Cyber Crime Investigation Division, Cyber Terrorism Response Division, Violent Crime Investigation Division, Drug Crime Investigation Division, and Criminal Intelligence Division. The police pointed out that Tether is being abused as an illegal money laundering tool, with unregistered virtual asset exchange operators spreading throughout Seoul.The police plan to treat money laundering as an independent crime and apply violations of the Specific Financial Information Act to unregistered virtual asset service providers. The police have also secured a budget of 100 million won for cryptocurrency tracking training. Previously, some bank accounts linked to domestic exchanges were suspected of being used as money laundering channels due to the removal of daily deposit limits (increased from 5 million won to 500 million won).

The Hong Kong Securities and Futures Commission (SFC) issued a circular outlining the monitoring measures that should be implemented when opening accounts and maintaining client relationships. This circular was issued after the SFC reviewed the account opening practices of 12 securities brokerage firms.The review identified several significant deficiencies, including insufficient due diligence on account opening documents, acceptance of suspicious or forged documents during the account opening process, and weaknesses in managing cross-border agency relationships with overseas intermediaries. The SFC expressed deep concern about the potential misuse of client accounts for suspicious or illegal transactions, which could exacerbate the risks of money laundering and terrorist financing.The SFC requires all licensed corporations to conduct internal checks as soon as practicable to detect whether any suspicious or forged documents have been accepted for account opening. The SFC also outlined additional measures for licensed corporations when opening and managing accounts for mainland investors.These additional measures include closing investment accounts opened with suspicious or forged documents, closing zero-balance dormant investment accounts, and requiring a written declaration from investors when opening new investment accounts, stipulating that settlements and fund withdrawals can only be conducted through bank accounts held in the investor's own name at qualified banks.

According to Catcher Predict monitoring, in the "Spurs vs. Thunder" event on the prediction market Polymarket, the "yes" option for the sub-market "Victor Wembanyama: Points O/U 24.5" has experienced a dramatic fluctuation in winning probability, dropping from 59.5% an hour ago to the current 33% (a fluctuation of 26.5%). Please note the impact of related breaking news.

In response to Bloomberg's report on CME and ICE pressuring the CFTC regarding Hyperliquid, the Hyperliquid Policy Center, a lobbying organization led by prominent crypto lawyer Jake Chervinsky and funded by the Hyper Foundation, tweeted that the concerns lack basis.The organization stated that Hyperliquid publishes complete on-chain transaction records in real-time, with transparency far exceeding that of traditional exchanges, which serves as a strong deterrent against insider trading and price manipulation, and is beneficial for regulatory agencies and law enforcement to conduct monitoring and investigations.Additionally, Hyperliquid offers 24/7 uninterrupted trading, effectively eliminating price gaps between the opening and closing of traditional markets. The organization acknowledged that current U.S. laws have not yet made specific provisions for on-chain derivatives markets and will continue to work with Washington policymakers to promote the implementation of relevant regulatory frameworks.Previously, the Hyperliquid Policy Center was established on February 18 of this year in Washington, with former Blockchain Association and Variant Chief Legal Officer Jake Chervinsky serving as CEO, receiving a donation of 1 million HYPE from the Hyper Foundation, focusing on promoting a compliant regulatory path for DeFi in the United States.

Polymarket announced the launch of a comprehensive on-chain market integrity monitoring system solution to monitor trading behavior and enforce platform market compliance rules. This system will be built in collaboration with blockchain data analytics company Chainalysis, covering all DeFi trading processes on Polymarket, including real-time on-chain analysis of trading, holdings, and settlement data. It will identify potential violations through a multi-layer monitoring mechanism, focusing on insider trading and market manipulation.Polymarket stated that all its transactions are completed on a public blockchain. This collaboration will further amplify the advantages of on-chain transparency, allowing regulatory agencies and law enforcement to obtain verifiable on-chain evidence, thereby establishing a new compliance standard in the predictive market field. Polymarket founder and CEO Shayne Coplan stated that the platform has emphasized transparency and traceability since its inception, and this collaboration will further strengthen its positioning as a "trusted source of market information."

According to CBC News, the Canadian federal government has announced plans to completely ban cryptocurrency ATMs to protect the public from fraudsters.This move was formally proposed in the government's spring economic update, which characterizes cryptocurrency ATMs as "a major means for fraudsters to deceive victims and for criminals to launder money." Cryptocurrency ATMs allow users to deposit cash and exchange it for cryptocurrencies like Bitcoin, which can then be transferred to any virtual wallet globally. A previous investigative report by CBC News titled "Feeding Fraud" revealed that such machines have become a primary channel for fraudsters to obtain victims' funds in Canada. The Canadian financial intelligence agency FINTRAC also reached the same conclusion in its analysis report in February 2023.Currently, Canada has the highest number of cryptocurrency ATMs per capita in the world, with nearly 4,000 machines nationwide, but there is still a lack of specific regulatory laws for the industry. The government stated that after the ban is implemented, the public can still purchase virtual currencies through physical currency service providers.

The Solana Foundation stated that its core development team Anza has reached an agreement with Firedancer, a subsidiary of Jump Crypto, on a potential post-quantum solution, planning to introduce a new digital signature scheme called Falcon.Although the threat of quantum computing is not expected to materialize for several years, Solana has developed a phased upgrade roadmap. This plan includes ongoing research into Falcon and other alternatives, introducing post-quantum solutions for new wallets when necessary, and ultimately completing the migration of existing wallets. Currently, the quantum-resistant primitive Winternitz Vault, developed by Blueshift, has been running on Solana for over two years. The Solana Foundation stated that the network's high-speed, low-latency design can accommodate such solutions, and the migration is not expected to have a significant impact on performance.

According to Jinshi reports, U.S. President Trump stated that he has always supported interest rate hikes to combat inflation and mentioned that the effect of interest rate hikes in suppressing inflation has been quite good.

The HTX Genesis Hackathon, hosted by HTX DAO and B.AI, and co-initiated by TinTinLand and OpenCity, has opened in Hong Kong. The opening event was lively, with increasing frequency of exchanges and interaction density, creating a high-intensity dialogue atmosphere among developers, investors, and ecosystem participants.HTX DAO ambassador Molly shared on the theme "HTX DAO Ecosystem Development Plan: Launch of a Multi-Million Dollar Ecological Fund and Value Closed-Loop Strategy." She pointed out that the core vision of the HTX Genesis Hackathon is to build a free financial port based on the exchange's hinterland. To achieve this goal, five major ecological matrices covering the entire industry chain have been constructed, including: Huobi HTX as the core business engine and liquidity center; HTX DAO serving as the governance hub and centralized decision-making brain of the ecosystem; public chains and innovation layers providing payment network support through TRON, and building a solid DeFi infrastructure with JustLend, SunX, etc.; HTX Ventures focusing on industry frontiers, providing investment, incubation, and acceleration services for outstanding projects; and B.AI aiming at future trends, dedicated to creating financial infrastructure for the AI Agent era.Molly further emphasized that regarding future development, Huobi HTX has clearly proposed four core strategic keywords: "stability, transparency, institutionalization, AI empowerment," aiming to enhance the platform's long-term competitiveness in a complex market environment and provide ecosystem participants with more certain growth expectations.

One of the Bitcoin contributors, Jameson Loop, along with other cryptographers, has proposed an initiative that may force Bitcoin holders to migrate their tokens to new quantum-resistant addresses, or else their tokens will be permanently frozen by the network itself. In this scenario, holders technically still own these coins but will lose the ability to transfer them. This is known as Bitcoin Improvement Proposal BIP-361, which was updated on Tuesday in Bitcoin's official proposal repository, titled "Post-Quantum Migration and Old Signature Retirement."BIP-361 builds on the BIP-360 proposal introduced in February. BIP-360 introduced a soft fork (a type of network upgrade) aimed at enabling a new transaction type called "Pay to Merkle Root" (P2MR). This approach draws on Bitcoin's Taproot (P2TR) framework but removes key-based spending paths, thereby eliminating an element widely considered to pose risks in the quantum era.The BIP-361 proposal divides the migration into three phases. Phase A starts three years after activation and prohibits anyone from sending new bitcoins to old, quantum-vulnerable addresses. You can still spend from these addresses, but you cannot receive any coins. Phase B starts five years after activation and will render old signatures (ECDSA and Schnorr) completely ineffective, with the network rejecting any attempts to spend coins from quantum-vulnerable wallets.Essentially, your coins will be frozen. Finally, there is Phase C, which is a rescue plan still under research: holders of frozen wallets may potentially prove ownership through zero-knowledge proofs (a method of proving knowledge of a secret without revealing the secret itself). If successful, the coins frozen in Phase B can be recovered.

X product head and Solana advisor Nikita Bier stated that during this round of creator revenue sharing, the revenue share for all aggregated accounts has been reduced to 60%. In the next cycle, it will be further reduced by 20%. Nikita Bier pointed out that the large amount of plagiarized reposts and clickbait content published daily on the timeline not only squeezes the living space of real creators but also hinders the growth of new authors. The next step will be to permanently deduct earnings from users who habitually post clickbait content and use the "BREAKING" label in every post. X will not restrict speech or the scope of dissemination but will not provide revenue compensation for manipulating distribution mechanisms or misleading user behavior.

Binance announced its participation in the international law enforcement operation "Operation Atlantic," led by the UK's National Crime Agency (NCA), in collaboration with multiple countries' law enforcement agencies to combat cryptocurrency and investment fraud, focusing on "approval phishing" scams.The operation was jointly initiated by the NCA, the U.S. Secret Service, and relevant law enforcement and regulatory agencies in Ontario, Canada, aiming to identify victims who have been compromised or are at risk. Approval phishing typically disguises itself as an investment opportunity, luring users into granting wallet access permissions, thereby transferring assets. During the operation, Binance's special investigation team provided on-site support in London, including fraud identification processes, risk screening, and intelligence analysis, and assisted in identifying potential victims and related malicious websites.At the same time, Binance also provided law enforcement agencies with addresses and suspect intelligence related to the case, supporting asset tracking and enforcement actions. The NCA stated that this operation has successfully protected thousands of potential victims in the UK and overseas. Binance emphasized that it will continue to cooperate with global law enforcement agencies to strengthen the fight against cryptocurrency fraud.

According to CoinDesk, the Financial Services Commission of South Korea and the Financial Supervisory Service jointly issued new regulations requiring all domestic cryptocurrency exchanges to adopt a unified withdrawal delay review standard to curb voice phishing scams.The new regulations eliminate the authority of each exchange to set its own withdrawal exemption conditions, and reviews will be conducted uniformly based on standards such as account history, trading patterns, and behavioral anomalies. It is expected that less than 1% of users will qualify for instant withdrawals. Platforms must also enhance identity verification and fund flow monitoring.Previously, scam groups exploited the exemption rules of various platforms to guide victims to convert cash into cryptocurrency and complete withdrawals within minutes. This new regulation marks a shift in South Korea's cryptocurrency risk control system from industry self-regulation to a national unified standard.

The U.S. Securities and Exchange Commission (SEC) is making significant adjustments to its enforcement strategy in the cryptocurrency sector for the fiscal year 2025. The SEC has successively withdrawn seven cryptocurrency-related enforcement actions initiated by the previous commission, involving institutions such as Coinbase, Binance, Kraken, Cumberland DRW, Consensys, Dragonchain, and Balina, on the grounds that these cases lack sufficient federal securities law basis.At the same time, the SEC has established a Cyber and Emerging Technologies Division, focusing on combating violations of securities trading related to blockchain technology, artificial intelligence, and cybersecurity. In terms of specific enforcement actions, the SEC has filed lawsuits against the following cases: New York cryptocurrency company Unicoin and its four executives for allegedly making false statements to mislead investors; PGI Global founder Ramil Palafox for allegedly orchestrating a cryptocurrency and forex fraud scheme amounting to $198 million and misappropriating over $57 million; and the founder of AI company Nate, Inc. for allegedly raising over $42 million illegally through false advertising of artificial intelligence capabilities.

Liquid Capital founder Jack Yi posted on social media that the crypto asset recovery service provider imBack successfully unlocked an iPhone that had been sealed for 18 years and recovered BTC that was previously thought to be permanently lost.Jack Yi stated that he had no expectations of recovering the wallet, and imBack's technical capabilities exceeded expectations. Based on this experience, he has quickly completed an investment in imBack. It is reported that imBack can provide recovery services for early users who hold assets like BTC and ETH but are unable to access their wallets due to device lock or lost private keys.

According to Arkham data, at 02:26, 163.93 BTC (worth approximately 10.93 million USD) was transferred from Lombard Finance to multiple anonymous addresses.

Brazilian President Lula has signed Law No. 15,358, which explicitly incorporates seized cryptocurrency assets during law enforcement into the public safety funding system for expenditures such as police equipment, intelligence operations, and personnel training.The law allows for the temporary use of relevant cryptocurrency assets prior to final conviction with court approval. The new regulations also significantly expand the powers of judicial authorities, allowing them to freeze, block, or confiscate cryptocurrency assets during the investigation phase, including restricting access to exchange accounts, digital wallets, and related platforms. Once convicted, the individuals involved will be permanently deprived of the ability to use the formal financial system and cryptocurrency systems. Additionally, the law categorizes the use of encrypted communication tools or privacy technologies to conceal criminal activities as an aggravating circumstance, promotes cross-border asset recovery and intelligence sharing, and establishes a national database to integrate the financial structures of criminal organizations. Analysts believe that this initiative marks Brazil's shift of cryptocurrency assets from potential reserve tools to law enforcement resources, strengthening the crackdown on organized crime (such as PCC and Comando Vermelho) while advancing the judicial system's regulatory and disposal capabilities regarding digital assets.