Morning News Update #Web3
📖 Trump Meme Coin Ethics Alert
Watchdog groups warn about $TRUMP meme coin risks, citing lack of business value and potential conflicts of interest.
💥 $479M Crypto Liquidations
24-hour liquidations: $479M total ($332M long, $148M short). Bitcoin: $70.4M, Ethereum: $73.4M.
👮 UK Crypto Fraud Recovery
UK police seized £28M from crypto ring that hacked Australian exchange in 2017. After ringleader's death and arrests, £24.5M compensated to victims, remainder to government.
🔝 Solana Ecosystem Surges
$SOL +16.79% (256.41 USDT)
$JUP +32.77% (1.1349 USDT)
$JTO +5.01% (3.163 USDT)
$RAY +14.48% (7.0246 USDT)
🤖 AI Framework Arc Hits Record
Arc market cap reaches $550M, trading at $0.537.