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Cointime News Wrapup-Afternoon Version: Kraken CEO Jesse Powell Says Regulators Support the Bad Guys in Crypto
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.
The Republican candidate laid out a plan for crypto policies should he win in November against prospective Democratic presidential nominee Kamala Harris.
The US Securities and Exchange Commission has returned the S-1 form to the potential Ethereum ETF issuer with some comments, asking them to address the issues and resubmit. Sources say that at least one more round of review is needed before these measures can take effect. The issuer has reportedly been asked to address these comments and resubmit before July 8th. Sources note that this will not be the final declaration after the form is returned, meaning that at least one more declaration is needed before the ETF can begin trading.
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