ETH breaks through the $2300 mark

According to the Hong Kong High Court's approval of the Department of Justice's application, 42 individuals including Chen Zhi, the founder of the Crown Prince Group, who are suspected of operating a fraud park in Cambodia, and a total of HKD 8.938 billion in assets of the company, including bank and securities account deposits, stocks, and properties, have been frozen. Among them, Chen Zhi's personal assets in Hong Kong exceed HKD 6.36 billion, Zhou Yun's total assets exceed HKD 2 billion, and her personal account holds HKD 159 million worth of Hong Kong dollars, euros, and Bitcoin. Related personnel of Taizi Group, Hu Xiaowei and Li Tian, have assets frozen of approximately HKD 400 million and HKD 172 million respectively. The court will hold another hearing on August 3rd to decide whether to continue the restraining order.

40 million M-Pesa users now have a Bitcoin Lightning network address and can make Bitcoin payments through Tando. （Bitcoin Archive）

According to BIT Official analysis, the historical trends of BNB and ETH are highly synchronized, but the correlation may weaken due to the differentiation of underlying driving logic. Ethereum scaling strategy reduces transaction costs, but weakens the deflationary support of transaction fees; BNB chain remains strong due to low-cost demand. During the market recovery phase, BNB's short-term fundamentals are more stable and may perform better than ETH.

[Alameda Research Withdraws Over $20 Million in Assets from KuCoin] According to on-chain analyst Onchain Lens (@OnchainLens), within the past two hours, Alameda Research withdrew 162.64 BTC, 274.29 ETH, 315,300 MASK, and 6.88 million USDT from KuCoin, with a total value exceeding $20 million. Among these, BTC is valued at approximately $13.2 million, ETH at approximately $630,000, and MASK at approximately $168,000.

OKX has announced the addition of Pharos (PROS) to multiple services, including spot trading, officially launching on 2026-05-13 at 18:00 (UTC+8). Notes: - The platform may adjust limit order rule parameters based on market conditions without prior notice. Please stay updated on real-time rule details. - The pre-order phase and continuous trading phase for PROS/USDT spot trading will adopt index-based limit order rules. Users are advised to familiarize themselves with the relevant rules. - The opening times for PROS deposits, pre-orders, trading, and withdrawals are scheduled at different time slots on May 13, 2026. Please pay attention to the timing arrangements.