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7 hours ago, 50,000 ETH (worth $186 million) continued to flow from Justin Sun's exchange HTX to Binance, according to @EmberCN.
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According to Bloomberg, the EU and U.S. have reached a trade deal to avoid a tariff war. The EU agreed to a 15% tariff on most exports, including cars, and pledged to buy $750 billion in U.S. energy, invest $600 billion in the U.S., open its markets, and purchase American military equipment. Key details remain undisclosed, and some terms are still in dispute.
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According to Binance market data, BNB surged past $827 to set a new all-time high and is now trading at $821.54, up 0.80% over the past 24 hours. BTC is trading at $119,520.55, up 0.79%. Coinglass data shows that over $172 million in positions were liquidated in the past 24 hours, with short liquidations accounting for approximately $118 million.
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Several employees of Kuaishou, China's second largest short video platform, embezzled nearly $20m in company funds, sold them into Bitcoin through eight CEXs, mixed the coin, and transferred them back to Chinese RMB bank accounts. They were eventually ordered to return more than 90 Bitcoins and were sentenced to 3 to 14 years in prison. China's top official newspaper, People's Daily, recently made a rare report on the news.
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Asia's Weekly TOP10 Crypto News (July 21 to July 27): Russia Uses Kyrgyz Crypto for Sanctions Evasion, South Korea Curbs Crypto ETFs, Thailand Eases ICO Rules, Pakistan Eyes BTC Reserves, Cambodia Shuts Fraud Ring, Hong Kong Busts $1.15B Laundering Case, Fosun Files for Crypto Trademarks and More
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WuBlockchain Weekly (July 21–27): Russia Uses Kyrgyz Crypto for Sanctions Evasion, South Korea Curbs Crypto ETFs, Thailand Eases ICO Rules, Pakistan Eyes BTC Reserves, Cambodia Shuts Fraud Ring, Hong Kong Busts $1.15B Laundering Case, Fosun Files for Crypto Trademarks and More
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