WLFI advisor Ogle buys PONS, profits $5.4 million

According to CryptoSlate, the Ethereum L2 network Silicon stopped accepting new bridge deposits on September 2nd and initiated the shutdown process. Users need to withdraw their assets before December 31st, at which time the network and blockchain explorer will be offline. There are still approximately $9.75 million in assets on the chain, including USDC ($2.66 million), WBTC ($2.54 million), ETH ($2.08 million), and USDT ($1.85 million). Users can withdraw assets bridged from the Ethereum mainnet during the window period, but tokens issued on Silicon need to be exchanged through on chain liquidity, and Silicon's Web3 wallet will also be discontinued.

On September 3rd, crypto KOL Unipcs bought $150000 worth of JINQIAN tokens at a market value of $29.8 million, but then cut its losses and left, resulting in a loss of $118000. Unipcs recently made a profit of $8.45 million on Robinhood Chain.

On chain data shows that 200000 HYPEs worth approximately $16.476 million were transferred from Hyperliquid addresses to Gate exchange addresses.

[Ledger Faces Class Action Lawsuit in the U.S. Over 2023 Data Breach Incident] Attorney Ariel Givner disclosed that cryptocurrency hardware wallet manufacturer Ledger is facing a class action lawsuit in the U.S. due to a security incident in 2023. The plaintiffs accuse Ledger of ongoing negligence in protecting customer privacy. The lawsuit claims that the incident led to the exposure of customers' personal information, which hackers used to trick users into approving fraudulent transactions and stealing cryptocurrency assets. Furthermore, Ledger failed to disclose the situation in a timely manner. The plaintiffs filed claims under New York's General Business Law and other legal provisions, also referencing a 2020 incident in which approximately 270,000 customers' information was leaked.

According to The Block, a Michigan court has issued a preliminary injunction against Kalshi, requiring him to continue blocking state residents from accessing sports contracts. Violating the injunction will result in a daily fine of $500000.