Foresight News reported that according to Benzinga, Lunar Digital Assets announced the launch of the Litecoin ecosystem's zero knowledge Layer-2 network LitVM, introducing smart contracts to Litecoin, which was born in 2011. This network is built on BitcoinOS and Polygon CDK, and is supported by the Litecoin Foundation. LitVM is an EVM compatible zero knowledge rollup (ZK Rollup) designed to introduce smart contract functionality, cross chain liquidity, and real-world asset (RWA) support. Lunar Digital Assets stated that LitVM will help Litecoin expand into DeFi and Web3 ecosystems, providing on chain use cases such as stablecoin payments and programmable assets (Runes, Lordinals). Litecoin founder Charlie Lee said, "Since the creation of Litecoin in 2011, we have always focused on security and reliability. This Layer 2 network will bring Litecoin into the era of smart contracts without sacrificing these principles. It is reported that LitVM will achieve cross chain liquidity through AgLayer and support time locked assets, trustless asset bridging, and DeFi smart contract deployment. This Layer-2 solves the long-term lack of programmable functionality in Litecoin for developers, providing infrastructure for building native LTC on chain applications.

Odaily Planet Daily News: US SEC Commissioner Hester Peirce recently stated that Meme tokens such as TRUMP are not within the scope of SEC regulation, and investors should not expect regulatory protection. Peirce told CNBC, 'This situation is similar to what happened during the NFT craze in 2021.'. They are not securities, but their value will fluctuate according to the activities of investors in the market. The SEC missed the opportunity to publicly announce its non intervention. ” （CNBC）

According to the official website of the US Department of Justice, US federal prosecutors have announced that Corey Robert Dodge, 43, of Buffalo, New York, has been sentenced to 41 months in prison for possessing 15 or more unauthorized access devices with intent to defraud and cocaine with intent to distribute. In addition, Corey Robert Dodge was ordered to confiscate $27000 of his criminal proceeds. Since August 2018, the Federal Bureau of Investigation (FBI) has been investigating an illegal online marketplace called Genesis Market. The operators of this market collect stolen data from computers infected with malicious software worldwide, such as computer and mobile device identifiers, email addresses, usernames, and passwords, and package them for sale. Purchases made through the Genesis Market use virtual currencies such as Bitcoin. Between March 26, 2020 and May 30, 2021, Corey Robert Dodge purchased 14 packages on Genesis Market, which included stolen account credentials. In addition, during the search, the FBI also discovered and seized a large amount of fentanyl, cocaine, and other substances.

Binance BNB/USDT is currently trading at $650.48, with a 5-minute decline of 0.42%. Please pay attention to market fluctuations.

1. Trump accuses China of violating tariff agreements and causing volatility in the cryptocurrency market 2. Federal Reserve minutes show inflation may persist for longer, putting pressure on economic outlook 3. Morgan Stanley claims Ethereum upgrade failed to significantly increase network activity 4. US Bitcoin ETF net outflow of 1977 BTC, Ethereum ETF net inflow of 37685 ETH 5. BlackRock Bitcoin ETF inflows reached $6.35 billion this month, setting a new historical high 6. Stripe negotiates with banks for stablecoin global payment application 7. Jupiter collaborates with Kazakhstan Stock Exchange to promote dual listing of tokenized stocks 8. Netflix launches series' The Altruists', focusing on SBF and Caroline The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/462894