[Coinbase Markets Announces SUP-USD Trading Pair Entering Auction Mode] Coinbase Markets announced on the X platform that the SUP-USD trading pair has now entered auction mode. Users can submit limit orders and view the indicative open price. During the auction mode, the order book will remain open for at least 10 minutes, during which no trades will occur.

A trader was liquidated 10 hours ago during a market rebound due to high leverage operations, resulting in a loss of over $3 million. At present, the trader has opened a 10x leverage short position again, involving 31698 ZECs worth approximately 19.26 million US dollars. （Lookonchain）

The White House is reviewing a policy that would allow the Internal Revenue Service (IRS) to access overseas cryptocurrency data of US citizens by joining a global data sharing agreement. （Cointelegraph）

[Hourglass Launches Second Phase of Stable Deposit Over-Refund] Hourglass announced on Platform X that the second phase of the Stable deposit activity over-refund has begun. Users can apply for refunds through the Merkl platform. In the second phase, the first $1,000 of each deposit is fully accepted, with 45% of the excess amount counted as deposits and the remaining 55% refunded. Previously, over 24,000 wallets had passed the initial screening in the second phase of the Stable deposit activity, with total deposits amounting to approximately $1.74 billion.

The Machi account has been cleared again, with only 35200 USDT remaining. Currently, the remaining funds have been fully leveraged to open multiple orders at 25 times, involving 368.89 ETH (approximately 1.11 million USD). The new clearing price is 2963.35 USD (Lookonchain).