Jump Trading plans to acquire a stake in Polymarket.

South Korean authorities have launched an investigation into Bithumb.

Fed Board Member Waller states that there is a lack of progress in establishing clear regulations for cryptocurrency.

Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647

VANA, sponsored by today’s episode, experienced a roughly 50% surge following Upbit’s suspension of deposits and withdrawals for the token. Within ten minutes of the announcement, substantial sell-offs emerged at the peak, ranking as the second-largest sales across centralized exchanges and fueling a decline in VANA’s price.
#Careport 📊 Chart

VANA, sponsored by today’s episode, surged approximately 50% following Upbit's suspension of deposits and withdrawals for the token. Within 10 minutes of the announcement, substantial sell-offs emerged at peak trading, ranking as the second-highest sales volume across centralized exchanges, subsequently causing a decline in VANA's price.
#Careport 📊 Chart

Trump indicated that the US economy could grow by 15% if Kevin Warsh successfully fulfills his role as Federal Reserve Chairman.

Backpack Exchange is negotiating a new funding round with a pre-money valuation of $1 billion, according to Axios. The company aims to raise $50 million, though the total amount of the round may exceed that figure.

Hyperliquid's trading volume surpasses Coinbase, reaching $2.6 trillion compared to Coinbase's $1.4 trillion, according to conditional data.

Hyperliquid's trading volume surpasses Coinbase, reaching $2.6 trillion compared to Coinbase's $1.4 trillion, indicating Hyperliquid's volume is nearly twice as high.

Upbit has announced that DENT has been classified as a cautionary trading stock. The update concerns the DENT/USDT trading pair, with a current price of 0.000145 USDT. Further details can be found on the exchange’s notice page.

Coinbase’s Base App discontinues creator rewards program as it refocuses on tradable assets, according to Cointelegraph.

The mining difficulty for Bitcoin has fallen to its lowest levels since 2021, reflecting increased pressure on miners. The decline follows the capitulation of some miners and the exit of less efficient operators amid decreasing profitability.

The mining difficulty for Bitcoin has declined to levels not observed since 2021, reflecting mounting pressure on miners. The decrease followed the capitulation of certain miners, resulting in the exit of less efficient operators amid declining profitability.

Ripple launches hardware security modules to enable banks and custodians to offer custody and staking services without managing validator infrastructure or key management. cointelegraph

Vitalik Buterin outlines a future where AI advances bolster human freedom and promote planetary sustainability. He discusses the potential for radical developments such as human-AI integration while emphasizing that immediate efforts will focus on more conventional approaches requiring substantial reevaluation. Buterin highlights Ethereum's role as a crucial component within this broader vision.

Patrick McHenry, former chairman of the House Financial Services Committee, and White House adviser Patrick Witt indicated that a comprehensive cryptocurrency market regulation bill could be enacted within the coming months. coindesk #regulation

Patrick McHenry, the former chairman of the House Financial Services Committee, and White House adviser Patrick Witt indicated that a comprehensive cryptocurrency market regulation bill could be enacted within the next few months.

Whale and Institutional Transactions:

1. Bitmine has purchased 20,000 ETH for $42.3 million, according to Lookonchain.
2. Degen-retard.sol incurred a loss exceeding $3.6 million on SOL, having sold 100,000 SOL at a price of approximately $124 two weeks prior for $12.4 million and then selling the holdings at a significant loss. The entity had already realized over $6.6 million in losses on SOL prior to this transaction.

Phantom has announced the upcoming launch of Phantom Chat, a new social feature set for 2026. ZachXBT cautioned that the feature could open new avenues for asset theft, emphasizing that Phantom has yet to address the threat of "address poisoning." He warned that users who do not filter spam transactions risk copying malicious addresses, potentially leading to asset loss. Last week, one user reportedly lost 3.5 WBTC due to such issues.

Bitcoin fear and greed index drops to 9, reflecting extreme fear among investors.