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Cointime News Wrapup-Afternoon: CEX Trading Volumes Decline in April After Months of Growth
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
after changing his nickname to "Kekius Maximus", Elon Musk's Solana-based meme coin, KM (Kekius Maximus), grew 100 times. A wallet address spent 27 SOL (about $5,200) to buy 18.1 million KM, which is now worth $655,000 with a return on investment of 126 times.
according to Scam Sniffer, the X account of Superchain Eco (@SuperchainEco) has been hacked and a phishing link has been released. Users should be vigilant of the risks.
on that day, the South Korean court approved an arrest warrant against Yoon Seok-yeol on charges of insurrection. It is reported that this is the first arrest warrant issued against a sitting president in the history of South Korean constitutional politics. On the 30th, the "Joint Investigation Headquarters" composed of the Korean Senior Public Officials Crime Investigation Department, the police, and the Ministry of National Defense Investigation Department submitted a request to detain President Yoon Seok-yeol to the Seoul Western District Court. The Korean Senior Public Officials Crime Investigation Department has issued three summonses to Yoon Seok-yeol on suspicion of "insurrection leader" and "abuse of power to obstruct the exercise of rights", but Yoon Seok-yeol has not responded. According to the South Korean "Criminal Procedure Law", if the suspect has no justifiable reason to refuse to accept the investigation request, or may not accept the investigation request, the investigation agency can apply to the court for an arrest warrant and conduct a forced investigation on the relevant personnel.
market shows that ETH has broken through $3400 and is now trading at $3400.38, with a 24-hour increase of 1.28%. The market is volatile, so please be prepared for risk control.
on November 4th, a trader named "0xgalahad.eth" exchanged 9,000 VIRTUAL tokens (worth $3,400) for 24.566 million AIXBT tokens. Afterwards, they joined a liquidity pool and did not sell their AIXBT tokens. It is estimated that their profit is around $12 million, with an investment return rate of 3,549 times.
23pds, the chief information security officer of SlowMist, tweeted that North Korean hacker groups have been continuously impersonating organizations or individuals such as Hack VC and SevenX Ventures for conference fraud in the past two months. Please be aware of the risks.
according to on-chain analyst @ai_9684xtpa, the whale 5Hfrn...bhUAs has been gradually building up positions in SWARMS since 10 days ago, and has now accumulated 46.77 million tokens (27.3 million US dollars), becoming the top buyer, accounting for 4.67% of the total token supply, with an average price of $0.03093 per token and a realized profit of $1.175 million.
According to Lookonchain monitoring, a whale who earned 6,289 SOL ($1.16 million) on ai16z bought 1 million ai16z for 6,293 SOL ($1.16 million) 4 hours ago. B6FsUN...XzDV bought 869,000 ai16z ($1.09 million) 1 hour ago and currently holds 4.38 million ai16z ($5.43 million). AVLKwK...x1Mv purchased 998,000 ai16z ($1.22 million) in the past 6 hours.
Paul Grewal.eth, the Chief Legal Officer of Coinbase, wrote on the X platform that the issues of Chevron and Binance's secondary sales have been clarified, but in Coinbase's lawsuit, the U.S. Securities and Exchange Commission (SEC) has prevented Coinbase from requesting the disclosure of Gary Gensler's communication documents. In March 2021, Gary Gensler told the U.S. Congress that the SEC lacked regulatory authority over digital asset exchanges, confirming the long-held belief among market participants that digital asset trading on these exchanges is not within the jurisdiction of securities law. Coinbase has requested that Gary Gensler provide documents related to these communications because they are related to how the SEC's enforcement actions violate the due process requirements of the Constitution, but the SEC and Gary Gensler are trying to prevent the disclosure of these documents.
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