James Wynn's BTC long position has dropped to $279 million, with a 24-hour loss of $12 million

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Foresight News reported that according to Benzinga, Lunar Digital Assets announced the launch of the Litecoin ecosystem's zero knowledge Layer-2 network LitVM, introducing smart contracts to Litecoin, which was born in 2011. This network is built on BitcoinOS and Polygon CDK, and is supported by the Litecoin Foundation. LitVM is an EVM compatible zero knowledge rollup (ZK Rollup) designed to introduce smart contract functionality, cross chain liquidity, and real-world asset (RWA) support. Lunar Digital Assets stated that LitVM will help Litecoin expand into DeFi and Web3 ecosystems, providing on chain use cases such as stablecoin payments and programmable assets (Runes, Lordinals). Litecoin founder Charlie Lee said, "Since the creation of Litecoin in 2011, we have always focused on security and reliability. This Layer 2 network will bring Litecoin into the era of smart contracts without sacrificing these principles. It is reported that LitVM will achieve cross chain liquidity through AgLayer and support time locked assets, trustless asset bridging, and DeFi smart contract deployment. This Layer-2 solves the long-term lack of programmable functionality in Litecoin for developers, providing infrastructure for building native LTC on chain applications.

Odaily Planet Daily News: US SEC Commissioner Hester Peirce recently stated that Meme tokens such as TRUMP are not within the scope of SEC regulation, and investors should not expect regulatory protection. Peirce told CNBC, 'This situation is similar to what happened during the NFT craze in 2021.'. They are not securities, but their value will fluctuate according to the activities of investors in the market. The SEC missed the opportunity to publicly announce its non intervention. ” （CNBC）