Trump extends tariffs on China for 90 days

According to PeckShield monitoring, the Odin protocol was hacked, resulting in a loss of 58.2 bitcoins (approximately $7 million). Attackers carry out theft by manipulating the price of SATOSHI tokens and removing liquidity. At present, the addresses of the relevant attackers have been made public for tracking purposes.

Curve Finance announces the 5th anniversary of CRV, with inflation rate dropping to 5.02%. According to the hard coded issuance plan, the annual issuance rate of CRVs will decrease in August each year. This reduction will take effect on August 12, 2024, and the annual issuance volume will decrease from approximately 137.4 million CRVs to approximately 115.5 million CRVs. As of now, all CRV allocations for the team, investors, and early users have been completed, and future new circulating CRVs will be generated through measurement weighted issuance.

According to Onchain Lens data, as Ethereum prices surpassed $4600, the two whales profited greatly from their long positions. Among them, Whale 1 holds a position of 123 million US dollars, with a leverage of 25 times and a floating profit of 24.5 million US dollars; Whale 2 holds a position of 138 million US dollars, with a leverage of 10 times and a floating profit of 24.3 million US dollars.

Since the end of last year, Gangnam gu in Seoul, South Korea has recovered approximately 340 million Korean won (approximately 245000 US dollars) in unpaid taxes by confiscating cryptocurrency. The district collaborates with five major cryptocurrency exchanges to enforce laws against virtual assets such as Bitcoin. Officials stated that the detention operation significantly increased the voluntary tax rates paid by residents.

According to BitKE, Kenya's Web3 payment platform HoneyCoin announced the completion of a $4.9 million funding round, led by Flourish Ventures, which will be used to expand operations, enrich product lines, and bring in executives. HoneyCoin founder David Nandwa founded the company at the age of 19 in 2020. Currently, the platform's monthly transaction volume has exceeded $150 million, serving 350 enterprise clients and hundreds of thousands of users. HoneyCoin achieves instant or same day settlement through a stablecoin compatible platform, supports business in 45 countries, and has established partnerships with institutions such as MoneyGram, UBA Bank, Stripe, etc. This financing will help it further expand its team and compliance layout.