First Digital Trust has filed a defamation claim with the Hong Kong High Court against Justin Sun over his allegation that the company is “insolvent.” The claim seeks an injunction to restrain Sun from making similar statements, a court order requiring a formal retraction, and damages. The case is registered under case number HCA 680, with an initial hearing date yet to be scheduled. — link : Wu Blockchain News
Coindesk
First Digital Trust Files Defamation Claim Against Justin Sun
First Digital seeks an injunction to restrain Sun from publishing "similar words" to claims about insolvency.
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BREAKING: 🇺🇸 President Trump authorizes 90-day pause on tariffs. : Watcher Guru
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Donald Trump stated on his social media that the United States will immediately raise tariffs on China to 125%, while granting a 90-day suspension period for over 75 countries, during which a reduced reciprocal tariff of 10% will apply. — link : Wu Blockchain News
Truth Social
Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the…
TREASURY SECRETARY BESSENT: MEXICO AND CANADA INCLUDED IN 10% TARIFF : infinityhedge
BESSENT: 90-DAY PAUSE BECAUSE TRUMP WANTS TO BE INVOLVED; PAUSE GIVES TIME TO NEGOTIATE : infinityhedge
According to reporter Eleanor Terrett, at the Financial Services Committee hearing on crypto market structure reform, there was growing bipartisan consensus on the need to enhance regulatory clarity and disclosure requirements for digital assets. Lawmakers also discussed when digital assets should be classified as commodities, whether to expand the CFTC’s authority over spot markets, and other related issues. — link : Wu Blockchain News
X (formerly Twitter)
Eleanor Terrett (@EleanorTerrett) on X
My takeaways from the @FinancialCmte hearing on #crypto market structure reform:
📌More than ever before, there seems to be a greater bipartisan consensus that there’s a pressing need for regulatory clarity and updated disclosure regimes around digital assets.…
📌More than ever before, there seems to be a greater bipartisan consensus that there’s a pressing need for regulatory clarity and updated disclosure regimes around digital assets.…
JUST IN: $75,000,000 worth of Bitcoin shorts liquidated in the past 60 minutes. : Watcher Guru
JUST IN: 🇺🇸 Treasury Secretary Bessent says it was President Trump's decision to wait until today and is not because of market reaction. : Watcher Guru
Bessent: This was Trump's strategy all along, you might even say he goaded China into a bad position. He told me strategy on Sunday. : infinityhedge
JUST IN: 🇺🇸🇨🇳 Treasury Secretary Bessent says this was President Trump's strategy all along—to goad China into a bad position. : Watcher Guru
Magic Eden acquires crypto trading app Slingshot to compete with centralized exchanges — link | tl;dr : unfolded. DeFi
The Block
Magic Eden acquires crypto trading app Slingshot to compete with centralized exchanges
The move signals Magic Eden's push beyond NFTs and into broader token trading — aiming to compete directly with centralized exchanges.
Please take some time to fill out this short survey “DeFi Yield: Behavior Preferences Survey” - docs.google : Leviathan News