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The U.S. Court Allows Celsius to Proceed With Appeal Against Tether in $4 Billion Bitcoin Seizure Case

14 hours ago

On July 2nd, subsequent to Judge Martin Glenn's order on June 30th, the U.S. Bankruptcy Court made a ruling that Celsius Network can carry forward multiple claims in the lawsuit against the stablecoin issuer Tether. As per the documents, the court gives permission to Celsius to continue pursuing the allegations that Tether carried out unfair settlements of tens of thousands of bitcoins in the weeks preceding Celsius's collapse in 2022 through preferential transfers, thus violating the U.S. bankruptcy law. The core of the case centers around more than 57,000 BTC. Celsius claims that these BTC were either improperly withheld, prematurely liquidated, or transferred in a manner that exceeded the agreed-upon terms. The company argues that if these assets had been retained, their current value would be more than $4 billion.

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MELANIA project team unlocked 25 million tokens, worth approximately $5.25 million

On July 3rd, according to Arkham Information, the official Melania Trump meme coin MELANIA project team unlocked 25 million tokens from the Lockup contract approximately half an hour ago. These tokens are valued at approximately $5.25 million.

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Solana-based Meme Coin NOBODY Surpasses $29 Million Market Cap, with a 24-hour Price Increase of 70.2%

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Tokenized Stock Platform xStocks Records $7.73 Million Trading Volume on Its Third Day, Surpassing S&P 500 Trading Volume

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Security Firm: Over 40 Fake Cryptocurrency Wallet Extensions Found on the Firefox Browser Official Add-on Store

On July 3rd, the Chief Information Security Officer of Slowmist Technology, 23pds, tweeted that the security firm Koi disclosed that there were more than 40 fake cryptocurrency wallet extension programs on the official plugin store of the Firefox browser, imitating popular wallets like MetaMask and Coinbase Wallet. These malicious plugins steal mnemonic phrases by implanting event listening code and send the data back to the attacker's server.

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Binance Alpha yesterday reported a trading volume of $450.49 million, with BR, KOGE, and BULLA ranking in the top three.

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Vana Ecosystem Project's Unwrapped DataDAO has decided to sell its Spotify data to the AI-native platform SoloAI

On July 2nd, the community-governed organization Unwrapped DataDAO, which is composed of Spotify users, passed a proposal with an astonishing 99.48% vote to authorize its first dataset to the AI-native platform SoloAI. This represents the first instance where ordinary users have collectively monetized data assets through blockchain technology. It is reported that Unwrapped members aggregate their Spotify listening data on the platform and receive tokenized rewards. Through on-chain governance, contributors collectively voted to establish a business partnership with SoloAI. As a pioneering AI-driven entertainment platform, SoloAI stands out by enabling even non-musically inclined users to effortlessly create, share, and monetize music works through AI. It integrates a virtual artist named "VTuber Avatar" that is equipped with real-time composition, performance, and audience interaction capabilities. This transaction was made possible through the decentralized infrastructure of Vana.