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11:41

The core executive Li Xiong of the Taizi Group was escorted back to his home country, and the related wallets of Huìwàng that he founded have received more than $24 billion in cryptocurrency

Li Xiong, a core member of the Taizi Group, has been escorted back to China on suspicion of multiple crimes. Since 2021, the Huiwang Pay company he established in Cambodia has been involved in large-scale cryptocurrency transactions, becoming the largest online illegal marketplace.
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14:10

Ethereum Foundation Researcher: The execution ticket mechanism converts MEV revenue into protocol burn, returning the validator’s role to pure staking

The Ethereum Foundation’s Barnabé Monnot introduced an “execution tickets” mechanism at the EthCC conference. The goal is to reduce block proposer monopolistic power by using a protocol auction for transaction execution and ordering rights, thereby increasing transparency and fairness. The revenue from execution tickets will be directly burned, ensuring that MEV profits are fairly distributed to all ETH holders, and lowering the participation barrier for home stakers. This mechanism is a core proposal of the Ethereum roadmap’s “Scourge” phase, and it will effectively prevent transaction censorship.
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ETH5,86%
07:02

A U.S. senator introduces the “U.S. Mining Act,” pushing for Bitcoin mining to move back home and establishing a strategic reserve

U.S. Senators Bill Cassidy and Cynthia Lummis introduced the “American Mining Act,” aiming to bring Bitcoin mining back to the United States, establish an “American Mining” certification program, strengthen the mining industry’s infrastructure, promote domestic manufacturing of green mining hardware, and incorporate strategic Bitcoin reserves into the legal framework. This marks an important shift in the United States’ digital asset strategy and is expected to spur domestic investment and technological innovation.
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BTC4,97%
02:41

A certain CEX and Better have launched crypto-backed mortgage loans, supporting Bitcoin and USDC as collateral.

A certain CEX and the mortgage platform Better Home & Finance have partnered to launch a mortgage product backed by Bitcoin or USDC. The loan is guaranteed by Fannie Mae, allowing borrowers to apply for independent loans without selling their crypto assets. The product complies with Fannie Mae guidelines, offers lower interest rates than traditional loans, and has a lower risk of liquidation. The collateral options will be expanded in the future.
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BTC4,97%
USDC-0,03%