加密资产
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The Troubles of Losing Cryptocurrency: How to Prevent and Respond?
Late at night, Mr. Li sat in front of his computer, his brows furrowed. He felt anxious because he discovered that his cryptocurrency worth millions had vanished without a trace. Everything happened so suddenly that he was caught off guard. Li Ming recalled the years he spent in the virtual currency market, witnessing the boom and turmoil of the market, and he was aware of the risks of losing cryptocurrency. However, when it all happened to him, he felt an unprecedented sense of helplessness and despair.
In recent years, virtual currency has rapidly risen globally, attracting countless investors and speculators. However, as the market develops, the risks of losing cryptocurrency assets have also come to light. From exchange risk control to judicial freezes at home and abroad, from theft of software and hardware wallets to forgetting recovery phrases and passwords, large amounts of cryptocurrency disappear in the digital world every year, causing significant losses to many in the crypto community. According to relevant statistics, in 2023, over 1 billion dollars in cryptocurrency assets were frozen and unable to flow.
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Big news! The value of crypto assets held by Trump's six cabinet members is exposed
After the news of Trump's victory, it triggered a double shock in the cryptocurrency circle and the political and financial fields. This disclosure not only pushed the connection between cryptocurrency and politics to the focus of public opinion.
According to the latest financial disclosures, at least six members of Trump's cabinet hold Bitcoin assets with a total value of millions of dollars. This information is based on public financial reports from December 2024 and January 2025.
According to the report, Robert F. Kennedy Jr., Secretary of Health and Human Services, holds a Bitcoin Fidelity account worth $1 million to $5 million.
Russell Vought, Director of the Office of Management and Budget, revealed that he has $1,000 to $15,000 in Bitcoin in his Coinbase wallet and plans to sell it.
Treasury Secretary Scott Bessent holds $250,000 to $500,000 worth of iShares Bitcoin Trust ETF shares and will divest within 90 days.
In addition, Director of National Intelligence Tulsi Gabbard holds $15,000 to $50,000 worth of Bitwise Bitcoin ETF Trust and the same value of Bitcoin, and she also plans to withdraw. Defense Secretary Pete Hegseth holds $15,000 to $50,000 worth of Bitcoin.
And Transportation Secretary Sean Duffy holds $250,000 to $500,000 worth of Bitcoin, including BTC in Gemini wallets and Fidelity Wise Origin Bitcoin Fund.
It is worth noting that AI and cryptocurrency czar David Sacks also said earlier this month that he had sold all cryptocurrencies, including BTC, ETH and Solana, before taking office. It is reported that Sacks was undergoing an ethical review by the government at the time.
Previously, Trump claimed that members of the federal government were among the largest holders of Bitcoin and vowed to make the United States a "world Bitcoin superpower."
Conclusion:
The news that members of Trump's cabinet hold Bitcoin assets has attracted widespread attention. This not only highlights the influence of cryptocurrency in the political field, but also reflects that the integration of crypto assets and traditional finance is accelerating.
In the future, as the cryptocurrency market develops further, similar disclosures may become more frequent. And the road to the integration of cryptocurrency and traditional finance may have just begun.
#特朗普内阁 #比特币 #加密资产
After the news of Trump's victory, it triggered a double shock in the cryptocurrency circle and the political and financial fields. This disclosure not only pushed the connection between cryptocurrency and politics to the focus of public opinion.
According to the latest financial disclosures, at least six members of Trump's cabinet hold Bitcoin assets with a total value of millions of dollars. This information is based on public financial reports from December 2024 and January 2025.
According to the report, Robert F. Kennedy Jr., Secretary of Health and Human Services, holds a Bitcoin Fidelity account worth $1 million to $5 million.
Russell Vought, Director of the Office of Management and Budget, revealed that he has $1,000 to $15,000 in Bitcoin in his Coinbase wallet and plans to sell it.
Treasury Secretary Scott Bessent holds $250,000 to $500,000 worth of iShares Bitcoin Trust ETF shares and will divest within 90 days.
In addition, Director of National Intelligence Tulsi Gabbard holds $15,000 to $50,000 worth of Bitwise Bitcoin ETF Trust and the same value of Bitcoin, and she also plans to withdraw. Defense Secretary Pete Hegseth holds $15,000 to $50,000 worth of Bitcoin.
And Transportation Secretary Sean Duffy holds $250,000 to $500,000 worth of Bitcoin, including BTC in Gemini wallets and Fidelity Wise Origin Bitcoin Fund.
It is worth noting that AI and cryptocurrency czar David Sacks also said earlier this month that he had sold all cryptocurrencies, including BTC, ETH and Solana, before taking office. It is reported that Sacks was undergoing an ethical review by the government at the time.
Previously, Trump claimed that members of the federal government were among the largest holders of Bitcoin and vowed to make the United States a "world Bitcoin superpower."
Conclusion:
The news that members of Trump's cabinet hold Bitcoin assets has attracted widespread attention. This not only highlights the influence of cryptocurrency in the political field, but also reflects that the integration of crypto assets and traditional finance is accelerating.
In the future, as the cryptocurrency market develops further, similar disclosures may become more frequent. And the road to the integration of cryptocurrency and traditional finance may have just begun.
#特朗普内阁 #比特币 #加密资产
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McKinsey report: Although tokenization technology has made significant progress, mainstream application will still take time
Global management consulting firm McKinsey & Company has provided insights into the current state of financial asset tokenization in a research report released on June 20.
The report points out that although tokenization technology has developed to a critical tipping point, showing technological maturity and measurable economic benefits, its widespread application in the mainstream market still faces many challenges.
McKinsey stressed that the trend of asset digitization is becoming increasingly obvious, and as the technology matures and the economic benefits become apparent, this process seems irreversible. However, even with this positive momentum, the widespread application of tokenization technology still faces obstacles that hinder its pace of becoming mainstream in the market.
The report points out that although tokenization technology has developed to a critical tipping point, showing technological maturity and measurable economic benefits, its widespread application in the mainstream market still faces many challenges.
McKinsey stressed that the trend of asset digitization is becoming increasingly obvious, and as the technology matures and the economic benefits become apparent, this process seems irreversible. However, even with this positive momentum, the widespread application of tokenization technology still faces obstacles that hinder its pace of becoming mainstream in the market.
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Data shows: More than 80% of newly listed crypto assets on Binance have lost value
Analysts note that while most new tokens on Binance lack a broad user base, they are often listed at inflated valuations.
More than 80% of newly listed cryptocurrencies on Binance, the world’s largest digital asset trading platform, have fallen in value.
In the last six months, these tokens have seen a significant drop in value since they were listed, which has unnerved investors looking for the latest cryptocurrency.
Most New Binance Tokens Post Losses After Listing
According to a May 17 post on the X platform by pseudonymous crypto researcher Flow, only five of the 31 tokens analyzed saw an increase in value, including Memecoin (MEME), Ordi Token (ORDI), Solana-based Jupiter (JUP), Jito (JTO), and Dogwifhat (WIF).
More than 80% of newly listed cryptocurrencies on Binance, the world’s largest digital asset trading platform, have fallen in value.
In the last six months, these tokens have seen a significant drop in value since they were listed, which has unnerved investors looking for the latest cryptocurrency.
Most New Binance Tokens Post Losses After Listing
According to a May 17 post on the X platform by pseudonymous crypto researcher Flow, only five of the 31 tokens analyzed saw an increase in value, including Memecoin (MEME), Ordi Token (ORDI), Solana-based Jupiter (JUP), Jito (JTO), and Dogwifhat (WIF).
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BlackRock updates S-1 filing: Ethereum ETF may be launched on the securities market within weeks?
As the cryptocurrency market matures, the integration between traditional financial markets and this emerging field continues to deepen. The potential listing of the Ethereum ETF, as an important milestone in financial product innovation, not only heralds the growth of institutional investors' interest in crypto assets, but also provides investors with a convenient and safe way to participate in the world's second largest cryptocurrency trading.
This article will delve into the latest developments of the Ethereum ETF, including regulatory approval, market reaction, and the possible impact of the listing, aiming to provide readers with a comprehensive perspective to understand the far-reaching significance of the Ethereum ETF listing and its potential changes to the financial market.
This article will delve into the latest developments of the Ethereum ETF, including regulatory approval, market reaction, and the possible impact of the listing, aiming to provide readers with a comprehensive perspective to understand the far-reaching significance of the Ethereum ETF listing and its potential changes to the financial market.
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Hackers are at it again, this time targeting the #US government’s wallet, stealing a total of 20.7 million dollars!💥💸
Loot list:
• 13.7 million $aUSDC
• 5.44 million $USDC
• 1.12 million $USDT
• 178 $ETH (approximately 447,000 dollars)
More notably, the hackers also transferred 148 $ETH (approximately 372,600 dollars) into 10 wallets with the address #Binance . It seems the hackers are also veterans in the crypto space!😂
#网络安全 #加密资产 #黑客攻击 #ETH🔥🔥🔥🔥
Loot list:
• 13.7 million $aUSDC
• 5.44 million $USDC
• 1.12 million $USDT
• 178 $ETH (approximately 447,000 dollars)
More notably, the hackers also transferred 148 $ETH (approximately 372,600 dollars) into 10 wallets with the address #Binance . It seems the hackers are also veterans in the crypto space!😂
#网络安全 #加密资产 #黑客攻击 #ETH🔥🔥🔥🔥
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SEC Crypto Enforcement Chief David Hirsch Resigns
David Hirsch, who has served as head of the U.S. Securities and Exchange Commission’s (SEC) crypto asset enforcement division since October 2022, has directed the SEC to handle at least 45 cryptocurrency-related cases during his tenure.
On June 17, Hirsch announced his resignation, ending his nearly nine-year enforcement career at the SEC.
In his departure statement, Hirsch expressed pride in his work in the crypto assets and cyber division. His career at the SEC also includes serving as an enforcement attorney in the SEC’s Fort Worth Regional Office since 2015 and as legal counsel to SEC Commissioner Caroline Crenshaw, known for her critical view of cryptocurrencies, from September 2020 to October 2022.
On June 17, Hirsch announced his resignation, ending his nearly nine-year enforcement career at the SEC.
In his departure statement, Hirsch expressed pride in his work in the crypto assets and cyber division. His career at the SEC also includes serving as an enforcement attorney in the SEC’s Fort Worth Regional Office since 2015 and as legal counsel to SEC Commissioner Caroline Crenshaw, known for her critical view of cryptocurrencies, from September 2020 to October 2022.
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