The US Senate needs to pass the Crypto Clarity Act within 5 days

Bloomberg senior ETF analyst Eric Balchunas commented on the Coldcard security incident, questioning whether a company with only about 5 employees is suitable for undertaking Bitcoin storage responsibilities. Eric Balchunas said that the number of Coldcard employees seems unbelievably low. Eric Balchunas pointed out that if a bank has only 5 employees and is headquartered in Canada, are people willing to store their life savings. Eric Balchunas believes that this is considered a characteristic in the cryptocurrency industry, but from a traditional financial perspective, it can become a risk signal.

[Main Password: Renowned trader buys BTC in batches, main trader trades $72.38 million betting on this direction] Major funds show significant moves, over $70M traded!

Hugging Face CEO Clem stated that it is time to accelerate the development of AI by increasing transparency, making AI driven network attacks illegal and imposing penalties, and equipping defenders with open-source models to enhance network security. Recently, the OpenAI model invasion of Hugging Face has escalated, and US lawmakers have proposed a bipartisan bill called the AI Emergency Shutdown Act, which requires advanced/cutting-edge AI system developers to retain their technical capabilities to throttle, pause, or shut down systems, and authorizes the Secretary of Homeland Security to order intervention when the model poses a catastrophic risk.

The US Senate needs to pass the Crypto Clarity Act within 5 days before the summer recess. （Watcher.Guru）

According to on chain analyst Ai Yi's monitoring, the address 0x751... 8a90A has bought ETH again after two years. The address was opened for $2459 in 2024 and sold around $3159, earning approximately $700000. This address withdrew 3500 ETH worth approximately 6.495 million US dollars from Binance half an hour ago, with a withdrawal price of approximately 1856 US dollars.