Odaily News In response to the change by Bitcoin core developers to increase the default mempool relay transaction limit to 4MB, Jason Hughes, vice president of OCEAN mining pool, expressed strong dissatisfaction and announced that he would liquidate all Bitcoins by October this year and completely withdraw from the crypto industry. Jason Hughes had opposed this update together with Luke Dashjr, BitcoinMechanic and others. He wrote in an open letter that "the principles that Bitcoin once had no longer exist" and said that "I have exhausted my energy in this struggle." He said that although he has not yet announced his next career move, he has received multiple job offers from non-crypto industries. (Protos)

Odaily News Los Angeles Mayor Bass issued a curfew for the city's downtown on Tuesday after days of intense protests against Immigration and Customs Enforcement (ICE) sparked clashes between demonstrators and law enforcement, as well as widespread vandalism and some looting, especially late at night and in the early morning. The Los Angeles curfew will begin at 8 p.m. local time on Tuesday and last until 6 a.m. local time on Wednesday, applying to a 1-square-mile area in the city center. (Jinshi)

Odaily News Cos (Yu Xian) posted a statement saying that it had not followed the official requirements, that is, it had not registered Alby Cloud or built Alby Hub, and had successfully retrieved the funds that had been transferred from the Bitcoin Lightning Network wallet Alby. Yu Xian said that other users with similar experiences who have not received a refund can contact the official to file a complaint via email. The email address can be found in the relevant transfer records. He pointed out that although the amount involved was not large, the nature of the incident was bad. If the official clearly informed users of the retrieval method when transferring funds, the nature would be completely different. Previous news: Funds of some users' Bitcoin Lightning Network wallet Alby were transferred because its terms allowed the transfer of inactive address balances

Odaily News According to OnchainLens monitoring, a newly created wallet address withdrew 200 BTC from Binance today, with a total value of approximately US$22 million based on the current price.

Odaily News According to market news, the U.S. Federal Circuit Court of Appeals approved the Trump administration's request on Tuesday to temporarily maintain its widely implemented tariff policy. Previously, the trade court ruled that Trump exceeded his authority. The court said that it would hold a hearing on the case on July 31, which means that the relevant tariff measures are expected to continue to be implemented for at least the next two months.

Odaily News According to @EmberCN, a whale withdrew 7.505 million USDT from Bybit last night to add margin and further increase BTC long positions. Currently, its position is 3,686 BTC, using 20x leverage, with a total position value of US$405 million, an opening price of US$108,569, a liquidation price of US$105,370, and a current floating profit of approximately US$5.39 million.