Trader Eugene: This is currently the most challenging bull market altcoin season I have ever experienced, and I am in a wait-and-see state

[Shanghai Court Successfully Handles Virtual Currency in Criminal Case for the First Time] Under the guidance of the higher court, the Shanghai Baoshan District People's Court successfully liquidated over 90,000 FIL tokens, marking the first time a Shanghai court has handled virtual currency in a criminal property-related case. The disposal adopted a 'domestic entrustment, overseas handling, closed-loop return' model and was completed through a licensed trading platform in Hong Kong, with the transaction price not lower than the average price of the preceding 20 days. The funds obtained were converted into RMB and transferred to the court's account for legal processing.

[NPM Supply Chain Hit by Malicious Attack, @ctrl/tinycolor Releases Data-Stealing Version] Scam Sniffer has discovered that the NPM supply chain has once again been targeted by an attack. The popular library @ctrl/tinycolor (with 2.2 million weekly downloads) was released with a malicious version. This version executes a data-stealing program during the npm postinstall script, leveraging the legitimate tool TruffleHog to scan and steal sensitive data. Users are advised to immediately check if they have downloaded the affected version, suspend related installation or update operations, and lock the version to a known safe version to prevent data leakage risks.

[Single Entity Utilizes Over 300 Addresses to Obtain $4 Million in AVNT Airdrop] On-chain data analysis firm Bubblemaps has detected that a single entity participated in the AVNT airdrop using over 300 addresses, profiting approximately $4 million. This activity appears to be meticulously planned, exhibiting clear characteristics of a Sybil attack, including funding through Coinbase, receiving small amounts of USDC, conducting exchange operations, claiming airdrop rewards, consolidating tokens into a few addresses, and simultaneously transferring funds to trading platforms such as Bybit and Gate. These addresses were all dormant prior to the airdrop, resembling the pattern observed in the MYX incident, and demonstrating signs of highly coordinated manipulation.

[‘Unlock’ ARB to unlock 93.12 million tokens, accounting for 0.931% of total supply] ARB will unlock 93.12 million tokens today, valued at approximately $45.73 million, accounting for 0.931% of total supply. The current circulating supply is 4.65 billion tokens, with a total supply of 10.00 billion tokens.

[New Political Action Committee 'Fellowship' Supporting 'U.S. Cryptocurrency Advocates' Raises $100 Million] According to Cointelegraph, a new political action committee focused on supporting U.S. candidates who 'support innovation and cryptocurrency' has officially launched with $100 million in funding. On Monday, the Fellowship Political Action Committee posted on the X platform, stating that as part of efforts to back the Trump administration's digital asset strategy initiatives, the committee has raised 'over $100 million' from anonymous sources. The political action committee stated that its goal is to support specific candidates for federal office and to help clarify regulatory guidelines, thereby preventing the 'brain drain and entrepreneur exodus' of U.S. cryptocurrency companies. Sources indicated that the political action committee has not seen evidence of 'Coinbase's involvement' in the initiative.