Bitcoin spot ETFs had a total net inflow of $129 million on July 1, continuing a net inflow for 5 consecutive days. Fidelity ETF FBTC had a single-day inflow of $65.034 million, and Bitwise ETF BITB had a single-day inflow of $41.4022 million. sosovalue.com/zh/assets/etf
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Exclusive: The third largest offshore exchange Bybit suddenly opened up registration and authentication for users in China. Bybit has long strictly prohibited the registration and use of all Chinese users. The management team has been very cautious about this.
Data shows that the number of Chinese users may be as high as tens of millions. Bybit's competitors have basically opened registration for Chinese users. However, Bybit's move has also caused panic among internal employees.
Embarrassingly, on the same certification page, Bybit still states: Bybit does not offer its services or products in certain jurisdictions, including the United States, Mainland China, Singapore, Quebec (Canada), Ontario (Canada), Iran, Sudan, and Syria.
For Binance, regarding the approval for BUSD, more than two years have passed without any cleanup. Also, a large number of cryptocurrencies have unlimited approval limits.
Binance reply us that the team is optimizing the stake process to reduce any potential smart contract… twitter.com/i/web/status/1…
Multichain recently experienced an event beyond its control, but Kucoin did not immediately cancel the approval for the Multichain contract.
Large amounts of USDT ($500 million), USDC ($290 million), KCS ($480 million), and other cryptocurrencies in this address were all… twitter.com/i/web/status/1…
Hong Kong is about to enter June 1 (UTC+8), which is the beginning of Hong Kong's new cryptocurrency regulatory policy. While not the crypto-heaven that many are bragging about, it does offer hope.
- Hong Kong Securities Regulatory Commission official original text: If DeFi involves securities and futures trading, it also needs to be licensed wublock.substack.com/p/hong-kong-se…
SCOOP: According to multiple sources who confirmed to WuBlockchain, Binance has started layoffs, and the proportion is still uncertain.
The total number of Binance employees is about 8,000, market rumors that the proportion of layoffs in June was about 20%. As of press time,… twitter.com/i/web/status/1…
The compensation plan will be formulated according to different situations in different places. However, some departments are still continuing to recruit. The layoffs may be related to the poor overall market and the large expansion before.
Binance: This is not a case of rightsizing, we will still be seeking to fill hundreds of open roles. New user registration remains strong. “We periodically review how we can best allocate our talent to the right teams with the right resources. And sometimes, this inevitably leads… twitter.com/i/web/status/1…
Exclusive: the SUI official team requires the cooperative exchanges (Binance OKX Bybit KuCoin, etc.) not to launch the perpetual contract when the SUI token is launched. At present, the major exchanges temporarily meet this demand, and the launch of future may be delayed for a… twitter.com/i/web/status/1…
When SUI’s competitor APT was launched, the official also made this request, but because Binance ignored it and directly launched perpetual contracts, other exchanges followed and launched futures immediately.
Gate MEXC and other second-tier exchanges that Sui did not cooperate with in this IEO have launched perpetual contracts. gateio.io/article/30563
BlockSec monitored that Euler Finance is being attacked. More than $177 million is suspected to have been stolen. Euler Finance provides on-chain lending services and completed a $32 million financing last year, with participation from FTX, Coinbase, Jump, phalcon.blocksec.com/tx/eth/0xc310a…… twitter.com/i/web/status/1…
@ScopeProtocol shows that AngleProtocol has $17.6 million trapped in Euler Finance; Idle DAO has $4.6 million; SwissBorg has 6357 ETH and 1.7 million USDT.