Ceffu withdraws 120 million USDC from Ethena custodial wallet

[UK Court Shuts Down Key Coin Assets, 9 Investors Lose Over £300,000] According to (Bitcoin.com) News, a UK court has shut down cryptocurrency company Key Coin Assets Ltd. Nine investors filed complaints with Action Fraud, reporting a total payment of over £300,000. Investigators found no evidence of genuine transactions by the company and believe its operations exhibited characteristics of a Ponzi scheme.

Bessent’s bond-buyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold

Robinhood CEO Vlad Tenev stated that the forecasted market has become the fastest-growing business line for the company, with an annual revenue of $100 million. Currently, the company is committed to optimizing the core experience coherence during product expansion.

[Fasset Secures $68 Million Funding Led by SBI Group, Valuation Reaches $1 Billion] According to CoinDesk, stablecoin neobank Fasset has secured $68 million in funding led by SBI Group, bringing its valuation to $1 billion. Fasset's annualized trading volume exceeds $40 billion, spanning 125 countries, with revenue growing approximately sixfold year-over-year. The company has been profitable for 12 consecutive months. Fasset has built a proprietary Layer 2 network, OWN, on Arbitrum, providing cross-border payment services for stablecoin settlements to institutions and individuals. It has also partnered with SBI Remit to integrate into its remittance network, which covers 200 countries.

A trader has failed to short BTC and ETH 14 times in a row in the past 5 days, with a cumulative loss of 4.56 million US dollars. Currently, he has shorted 300 BTC worth 23.13 million US dollars with 40 times leverage at address 0x004e... 1bb8. （Lookonchain）