The first batch of participants in the UK's digital securities sandbox have received preliminary approval

[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.

OKX-BTC/USDT is currently trading at $114977.90, with a 5-minute decline of 0.09%. Please be aware of the market fluctuations.

[MoonPay Acquires Meso Network to Strengthen Crypto and Fiat Payment Integration] MoonPay Inc. announced the acquisition of crypto payment startup Meso Network to advance its global payment network development and further enhance its support for cryptocurrencies and fiat currencies. CEO Ivan Soto-Wright stated that this acquisition will optimize the company's integration with the U.S. banking system and improve product integration capabilities on the developer platform. Meso Network co-founders Ali Aghareza and Ben Mills will serve as MoonPay's Chief Technology Officer and Senior Vice President of Product, respectively. Both previously worked at PayPal and Venmo. Sources familiar with the matter revealed that MoonPay is in discussions with investors for a new round of funding, with its valuation potentially surpassing $3.4 billion from 2021. Additionally, this marks MoonPay's fourth acquisition this year, following the acquisitions of Iron, Helio, and Decent.xyz. Terms of the deal have not been disclosed.