Nallok, co-founder of the Solana ecosystem governance project MetaDAO, tweeted, "Regarding the improvement proposal SIMD-0228, I think what we see here is a wrong value system. We should focus on dynamic base fees (computational and network costs). Inflation should be controlled through direct payments to attract shares. Although I am pleased that everyone is interested in SIMD-0228, I don't think this is where we should focus. I believe it is likely to achieve its goals, but may not reach the scale it hopes for. If people want to see this happen, I suggest halving the impact, we can always come back to it, considering that implementation may take some time, we can be highly confident that it will proceed as expected, and if necessary, we can further accelerate it through future proposals."

according to GMGN market data, the Meme coin SBF briefly rose to 0.0022 USDT, now trading at 0.0011 USDT, a 2409% increase in the past 1 hour.

South Korean prosecutors have requested a court to sentence a man to 10 years in prison for stabbing the CEO of the South Korean cryptocurrency custody company Haru Invest during a court hearing in August 2024. The Southern District Prosecutor's Office in Seoul confirmed to The Block that they made the sentencing request at the final hearing of the court attack case on Wednesday, considering the seriousness of the crime.

As monitored by The Data Nerd, 12 hours ago, a whale starting with 0x122f deposited 2,619 ETH (equivalent to $5.79 million) into Kraken.

Zhu Su announced that he will officially take over the leadership of OXFUN, bringing a clearer strategic direction and execution to it. As part of this transition and restructuring:

according to the Financial Times: Fed's Gursky warned that due to economic uncertainty, the next rate cut may take longer than expected. He said he believes that borrowing costs will "significantly decrease" in the next 12 to 18 months. If investors' expectations begin to converge with those of American households, the Fed will need to take action.

According to The Data Nerd monitoring, 11 hours ago, the whale 0x122f deposited 2,619 ETH into Kraken (equivalent to $5.79 million).

According to Decrypt, Iris Ramaya Au, the former girlfriend of cryptocurrency entrepreneur Adam Iza, nicknamed "The Godfather," has agreed to plead guilty and admit to federal tax fraud charges. Au admitted to not reporting over $2.6 million in illegal income to the Internal Revenue Service between 2020 and 2023. She used shell companies and illegal funds to maintain a luxurious lifestyle for herself and Iza, including purchasing luxury cars, real estate, and cryptocurrency. According to the statement from the United States Attorney's Office for the Central District of California, Au now faces up to 3 years in federal prison.

market shows BTC falling below $92,000, currently trading at $91,988, with a 24-hour decline of 4.3%. The market is fluctuating significantly, please manage risk accordingly.

According to on-chain analyst The Data Nerd (@OnchainDataNerd), a whale wallet with the address 0x122f transferred 2,619 ETH (approximately $5.79 million) to the Kraken exchange 11 hours ago.

Emirates NBD, one of the largest banks in Dubai, has launched a cryptocurrency trading service through its digital banking platform Liv. Users can now buy, sell, and trade cryptocurrencies on the Liv X app. The service is supported by Aquanow, a local digital asset company authorized by the Dubai Virtual Asset Regulatory Authority, with custody services provided by Zodia Custody, a subsidiary of Standard Chartered Bank.

 market shows ETH breaking through $2500, currently reporting $2500.1, with a 24-hour decline of 10.39%. The market is volatile, please manage risks.

according to Cryptonews citing Reuters, multiple financial technology and cryptocurrency companies are applying for state or national bank licenses, hoping to obtain faster approval under the crypto-friendly Trump administration.

Polymarket CEO Shayne Coplan posted on X, expressing that he is honored to represent Polymarket at tomorrow's White House digital asset roundtable meeting. Thank you for President Trump's invitation. This administration is committed to working with American innovators and revitalizing the American dream.

According to Whale Alert (@whale_alert) monitoring, an unknown wallet transferred 3,001,434 SOL tokens (approximately $510 million) to Binance.

the market shows SOL falling below $140, now trading at $139.95, with a 24-hour decline of 14.79%. The market is volatile, please manage your risks.

Marion Laboure, Managing Director and Macro Strategist at Deutsche Bank, said that the Trump administration's Bitcoin reserve is a continuation of many measures in the broader digital asset industry by 2024, and more like a reclassification, nothing new, but there are still many unknowns about how it will operate, as there is no information on the allocation of cryptocurrencies in the reserve, little understanding of the asset portfolio, and not much knowledge of the timetable. Cryptocurrencies as an asset class still have high volatility, and many cryptocurrencies other than Bitcoin and Ethereum still pose certain risks.

According to Ember monitoring, possibly due to the fact that the market did not meet expectations after Trump signed the Bitcoin Reserve Executive Order, a whale sold 7,358 ETH at a price of $2,154 in the past hour, exchanging it for 15.848 million USDS (Spark Protocol stablecoin): not only liquidating its own holdings of 5,372 ETH, but also borrowing 1,986 ETH to short sell.