Today, the cryptocurrency panic and greed index dropped to 11, and the market is in a state of extreme panic

CryptoQuant data shows that about 84% of altcoins on Binance perform below the 200 day moving average. （Cointelegraph）

[Upbit to Conduct Server Maintenance on July 6, 2026, Suspending All Services] Upbit will conduct a 5-hour server maintenance on July 6, 2026, from 10:00 to 15:00 (UTC+8). During this period, all services and deposits/withdrawals will be suspended, and some orders will be canceled.

[Florida Man Christopher Alexander Delgado Admits to Running Crypto Scam, Causing $250 Million Loss to Investors] According to The Block, Florida man Christopher Alexander Delgado pleaded guilty to charges of wire fraud, conspiracy to commit fraud, and money laundering. Goliath Ventures operated a Ponzi scheme under the guise of crypto liquidity pool investments, raising over $400 million and causing investors to lose at least $250 million. The funds were used to purchase six luxury homes valued between $1.15 million and $8.5 million, multiple Lamborghinis and Rolls-Royces, as well as numerous Rolex watches, Louis Vuitton bags, and custom Tiffany jewelry. Delgado has agreed to forfeit 8 properties, 11 vehicles, 30 watches, over 50 luxury bags, and 29 pieces of jewelry. Each fraud charge carries a maximum sentence of 20 years in prison, while the money laundering charge carries a maximum sentence of 10 years in prison.

According to TenArmorAlert monitoring, the Ethereum blockchain project BackedFi was subjected to a suspicious attack, resulting in a loss of approximately $204200.

According to CertiK Alert monitoring, the lending market Edel Finance was attacked, and attackers manipulated the wGOOGLx collateral price by relying on its GOOGLx balance, stealing approximately $204000 through borrowing.