The 'main explosive short order' has sold out $101 million across the entire network in the past 24 hours, with short orders selling out $66.62 million

According to Eleanor Terrett, lawyer John E Deaton has filed a securities fraud class action lawsuit on behalf of thousands of retail investors against Linqto founder and former CEO William Sarris. The lawsuit alleges that Sarris used the Linqto platform SPV to sell shares of private companies such as Ripple, Uphold, and Kraken through undisclosed markups of up to 60%, misleading exemptions, and unlicensed sales strategies, and ignored internal legal warnings for 2023 and 2024, allegedly violating multiple SEC and FINRA regulations. Deaton stated that this lawsuit is against Sarris personally and is not subject to bankruptcy protection, and any compensation will be used to compensate the affected investors.

The cryptocurrency trading landscape has evolved from a decentralized, unregulated "wild west" to a more sophisticated and regulated environment, fostering institutional adoption and boosting investor confidence, says Patrick Murphy of Eightcap.

Odaily Planet Daily News: Market analysis points out that Trump's increased intervention in monetary policy has triggered credibility issues for the Federal Reserve. Regardless of who ultimately takes over, they may be labeled as "only for executing Trump's interest rate cut directive", breaking the traditional "depoliticized" appearance of the Federal Reserve. According to reports, in order to expand his influence in the short term, Trump is considering appointing a "shadow chairman" before current chairman Powell steps down next year to pressure the Federal Reserve to cut interest rates. (Golden Ten)

Chain detective ZachXBT tweeted that in response to a $40 million attack, the attacker used CCTP to bridge funds from Arbitrarum to Ethereum, and the related $9 million USDC was not frozen within 1-2 hours.

According to BlockBeats, on July 9th, according to Paidun monitoring, the GMX attacker tagged an address and transferred 2000 ETH (approximately $5.3 million) to a new address 0x99Cd... 2DAe on Arbitrarum. In addition, the attacker also exchanged approximately 9 million USDC for approximately 9 million DAI on Ethereum.