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Quick Take Bitcoin hit a new all-time high near $110,000 on Wednesday, rebounding sharply from its April lows below $75,000, and tracking a broader risk asset recovery. An American tourist, Jacob Irwin-Cline, claims a fake Uber driver stole $123,000 in bitcoin and XRP from him after a night out in Soho.
Texas' SB 21, which aims to create a state-level Bitcoin Reserve, has cleared a key hurdle, passing its second House reading with significant backing. If it passes one final vote, it will move to Governor Abbott for approval.
Jeffrey Wilcke’s recent Ethereum transfer to Kraken initially caused panic over a potential sell-off. However, it was later clarified as a routine wallet move, easing community concerns.
- 03:25Two addresses transferred a total of 4,241 ETH to CEX in the past 3 hoursAccording to monitoring by @ai_9684xtpa, in the past 3 hours, two addresses have cumulatively deposited 4,241 ETH to CEX, valued at $11.26 million. · Address 0x55e...3DF26: Built a position at $1,822 on 05.08, liquidated in two transactions 3 hours ago and profited, with an average deposit price of $2,603. If sold, it would yield a profit of $3.238 million. · Address 0x016...19368: Built a position at a high price of $2,743 during the period of 2024.03-05, deposited 2,091 ETH 2 hours ago, and if sold, it would still incur a loss of $174,000.
- 03:24Tokens in the Meme sector see widespread gains, with MOG rising 21.6% in 24 hoursMarket data shows that tokens in the Meme sector are generally rising, among them: PEPE is currently priced at $0.00001589, with a 24-hour increase of 14.2%; BONK is currently priced at $0.00002389, with a 24-hour increase of 13.7%; WIF is currently priced at $1.33, with a 24-hour increase of 16.6%; FLOKI is currently priced at $0.0001165, with a 24-hour increase of 11.7%; MOG is currently priced at $0.051457, with a 24-hour increase of 21.6%.
- 03:02Chainge, the New Project by Multichain Founder, Faces Fund Delays and User Withdrawal IssuesAccording to Protos, the cross-chain DeFi project Chainge, initiated by Multichain founder DJQian, has been reported to have issues with user asset delays, with some funds being stuck for months without being withdrawn. A large number of users have reported in Telegram groups that transactions are stuck, particularly concentrated on the wKAS cross-chain bridge. The official statement attributes the liquidity issues to "malicious actors abusing the service." The Chainge team has repeatedly promised to inject liquidity and restore functionality, but has yet to fulfill these promises, and the wKAS token has severely de-pegged. Despite the ongoing issues, the project's front end remains open for service, and the risk to funds has drawn market attention.