Celsius sues BitMEX for bankruptcy, seeking $495 million in compensation

[LPL Financial Analyst Says Fed's Rate Hike After Pause Has Limited Impact on Stock Market] LPL Financial analyst Adam Turnquist stated that when the Federal Reserve transitions to raising interest rates after a prolonged pause, the stock market typically manages to adapt smoothly. When the Fed had previously cut rates before pausing, the S&P 500 Index averaged a 12-month return of 7.8% following the first rate hike after the pause, compared to an average return of 0.8% during periods when rate hikes preceded a pause, showing better market performance. The Fed had cut rates last December, and this time, maintaining the current rate is expected to conclude with a rate hike later today. (Source: Jin10)

Financial technology company Tare has completed a seed round financing of $13.25 million, led by Blockchain Capital with participation from Janus Henderson, Strobe Ventures, the Venture Dept, Neoclassic Capital, and Avalanche Foundation. Individual investors include Aave CEO Stani Kulechov, Tether co-founder Phil Potter, and Privy CEO Henri Stern. The funds are used to build and expand loan management software, recruit employees, and obtain licenses for its loan department Tare Credit LLC to operate in the United States. (Source: Fortune Magazine)

[Etherscan Launches Arc Blockchain Explorer ArcScan] Etherscan launches ArcScan, supporting queries for addresses, transactions, blocks, and token data on the Arc chain.

Mike Selig, Chairman of the Commodity Futures Trading Commission (CFTC), announced that the CFTC is ready to introduce rules targeting the new financial sector. (Source: Bloomberg)

Garrett Jin, the agent of the "1011 Insider Whale", has once again increased his ZEC short position after a week. Currently, he holds 37800 ZEC short positions with triple leverage, with a value of approximately $47.211 million and a floating loss of over $22 million. The investment return rate is -140.22%.