Odaily News According to OnchainLens, an early Ethereum 1CO participant transferred 1,000 ETH to Kraken, which is worth about $2.6 million at the current price. The address received a total of 100,000 ETH at $31,100 during the 1CO period, and currently still holds 3,000 ETH, with a paper profit of about $7.79 million.

Odaily News OKX market shows that BTC has broken through 110,000 USDT and is now at 110,000.1 USDT, with a 24-hour increase of 2.26%. (This newsletter is generated by AI)

Odaily News Binance Wallet will exclusively launch the Palio AI (PAL) token TGE from 4 pm to 6 pm on July 7, 2025. Eligible users need to use Binance Alpha Points to participate in the subscription. In addition, 40 million PAL tokens will be used for future activities, and specific details will be announced separately.

Odaily News Binance announced that its Alpha snap-up mechanism has added a pre-check link. Users can conduct a pre-check within 15 minutes before the snap-up begins. If they pass, the system will exempt the face recognition verification requirement for the next 30 minutes to improve participation efficiency.

Odaily News Bitstamp, a cryptocurrency exchange under Robinhood, announced that it has obtained a major payment institution license issued by the Monetary Authority of Singapore (MAS), marking the official entry of its business into the Asia-Pacific market.

Odaily News New York law firm Pomerantz LLP has filed a class action lawsuit against Strategy (formerly MicroStrategy) in the Eastern District Court of Virginia, alleging that it issued false and misleading statements about the profitability of its Bitcoin investment strategy between April 30, 2024 and April 4, 2025, in violation of federal securities laws. The lawsuit alleges that Strategy exaggerated the profitability of Bitcoin investments and financial operations, downplayed the risk of price volatility, and did not fully disclose the actual impact on financial statements after adopting FASB accounting standard ASU 2023-08. The standard requires crypto assets to be measured at fair value, replacing the previous cost impairment model that only recognized impairment when prices fell. Pomerantz pointed out that the company generated $5.9 billion in unrealized losses based on the new accounting standards in the first quarter of 2025, causing its stock price to fall by more than 8%, but the company continued to issue optimistic forecasts and concealed potential huge losses. Other investors can now apply to join the class action lawsuit before July 15. (The Block)