ChainCatcher news, Bitcoin Laws disclosed on platform X that Connecticut Governor Ned Lamont has officially signed the state's "Bitcoin Reserve Ban." Connecticut is now prohibited from accepting, holding, or investing in digital assets.

ChainCatcher news, according to Lookonchain monitoring, institutions and whales are still buying ETH. SharpLink Gaming previously announced the purchase of 188,478 ETH for $2,513 (worth about $474 million), and 5 hours ago, they purchased another 1,989 ETH through over-the-counter trading (worth about $4.82 million).At the same time, the whale address starting with 0x1fc7 bought and staked 3,201 ETH (worth about $810,000) a week ago, and has recently continued to buy ETH.

ChainCatcher news, according to Hong Kong media New Town Finance Channel, Hong Kong Legislative Council member Wu Jietzhuang expressed that there is a very large space for the development of stablecoins with the passage of the stablecoin regulatory framework to establish a licensing system for stablecoin issuers. He believes that stablecoins will become a combination of innovative finance and the real economy in the future, and there will be more value-added and entrepreneurial opportunities. However, regarding internet companies and financial institutions planning to issue stablecoins in Hong Kong, Wu Jietzhuang welcomed this but reminded retail investors not to be greedy, and to first understand the investment risks, maintaining a cautious attitude when making investments.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa, the flash crash of ZKJ and KOGE tonight may have been a long-planned harvesting operation. Three main addresses applied dual pressure through "large liquidity withdrawals + continuous selling," causing ZKJ and KOGE to crash in succession:Address 0x1A2...27599Withdrawn 61,130 KOGE (approximately $3.76 million) and 273,017 ZKJ (approximately $532,000) in two transactions at 20:28:21 and 20:33:15.Converted 45,470 KOGE to ZKJ between 20:28:58 and 20:36:57, worth $3.796 million, during which KOGE's on-chain transaction volume saw a significant increase.Sold 1.573 million ZKJ for USDT and BNB between 20:30:57 and 20:59:49, worth $3.052 million, with an average selling price of $1.94.At this point, both KOGE and ZKJ experienced slight stepwise declines but did not crash.Address 0x078...8bdE7Withdrew 33,651 KOGE (approximately $2.07 million) and 709,203 ZKJ (approximately $1.38 million) at 20:30:33.Converted 36,814 KOGE to ZKJ between 20:31:10 and 20:58:18, worth $2.26 million.Sold 1 million ZKJ between 20:35:15 and 20:37:34, worth $1.948 million, with an average selling price of $1.948.The "relay-style dumping" from this address finally pushed the price of KOGE to drop rapidly.Address 0x6aD...e2EBbReceived 772,759 ZKJ, worth $1.5 million, transferred from address 0x078...8bdE7 (the previous dumping address) at 20:41:55.Cleared out 772,000 ZKJ between 20:42:28 and 20:50:16.The third address mainly played a supporting role, further catalyzing the decline of ZKJ after the crash of KOGE, completing the harvesting of both tokens' LP and holders.Finally: The three addresses mentioned here are the main driving addresses, and in fact, more "supporting addresses" at the level of hundreds of thousands of dollars have been identified, but they will not be elaborated on here, as the dumping methods are similar.

ChainCatcher news, according to Bitcoin Laws, Connecticut has passed HB7082, which prohibits the state from accepting, holding, or investing in any virtual currency.The bill also imposes several new requirements on remittance agencies. The bill was unanimously passed in both the House and the Senate, with no opposition votes.

ChainCatcher news, according to The Block, based on Coinbase's latest quarterly report "State of Cryptocurrency," about 60% of Fortune 500 executives confirmed that their companies are advancing blockchain projects, a significant increase from last year. An EY survey shows that nearly 20% of relevant companies have incorporated on-chain plans into their long-term strategic core, a year-on-year increase of 47%.The report points out that small and medium-sized enterprises are significantly accelerating their testing of crypto payment tools and stablecoins. Over 80% of surveyed SMEs believe that blockchain technology can solve financial pain points such as invoice management and accounts receivable, with 46% of non-adopting companies planning to integrate blockchain into their business processes within three years.In terms of regulation, 75% of respondents view policy clarity as a key catalyst for the next round of growth. The report cites the pending "GENIUS Stablecoin Act" and "CLARITY Market Structure Act," indicating that the implementation of a regulatory framework is crucial for promoting crypto innovation in the United States.

According to ChainCatcher, as reported by Cryptonews, due to the increasing kidnapping threats faced by cryptocurrency holders, the Bitcoin investor family "Taihuttu family" has revealed that they have abandoned hardware wallets and instead dispersed their cryptocurrency mnemonic phrases across four continents.Taihuttu stated that over the past eight months, they have adopted a hybrid storage system: splitting the encrypted mnemonic phrases, with some engraved on fireproof steel plates hidden across four continents, while the rest is stored using blockchain-based encryption services. Even when threatened with a gun, he can only provide a limited amount of assets from his mobile wallet.This decision stems from the rise in physical attacks targeting cryptocurrency holders. Recently, Moroccan police arrested a suspect in the kidnapping of a cryptocurrency executive; the father of a cryptocurrency millionaire in France was brutally attacked; and a tourist in New York was kidnapped and tortured for two weeks, with the kidnappers attempting to obtain his Bitcoin credentials.Currently, approximately 65% of the Taihuttu family's crypto assets are stored in cold wallets across four continents, while the remainder is kept in multi-signature wallets or decentralized exchanges for trading and daily expenses.

ChainCatcher news, the 24th "Midas List" of "Golden Investors" jointly selected by Forbes and TrueBridge has been announced. This year, the list is topped by Alfred Lin of Sequoia Capital, who continues to lead with early investments in Airbnb, DoorDash, and a $14 billion bet on OpenAI in 2021. OpenAI's valuation has reached $300 billion, and it completed a record $40 billion financing in April.Notably, among the top ten on the list, Ribbit Capital founder Micky, renowned New York venture capitalist Fred Wilson, and Andreessen Horowitz partner Chris Dixon were included due to their investments in Coinbase.It is reported that the list uses a data-driven selection method, combining actual exit results and valuation growth for a comprehensive ranking, reflecting the true performance of the world's top venture capital elites.

ChainCatcher news, according to a post by Simon Gerovich, CEO of the Japanese listed company Metaplanet, on X, Metaplanet became the most purchased stock in the NISA accounts of Japan's largest online broker, SBI Securities, last week.Japanese investors are using NISA, a tax-exempt investment mechanism, to indirectly invest in Bitcoin while avoiding capital gains tax. Bitcoin, zero tax burden, and leverage have become the ultimate Bitcoin proxy choice for Japanese investors.

ChainCatcher message, Zhao Changpeng posted on X platform stating, "Investing in cryptocurrency carries risks, and not investing in cryptocurrency also carries risks."

ChainCatcher news, Zhao Changpeng stated that investing in Bitcoin is very simple, as long as you don't panic sell.

ChainCatcher news, according to The Block, Arbitrum DAO has approved the next phase of its Stable Treasury Donation Program (STEP) through on-chain voting, allocating 35 million ARB (approximately 11.6 million USD) to tokenized U.S. Treasury bonds. The funds will be invested in Franklin Templeton's FOBXX (tokenized as BENJI, accounting for 35%), Spiko's USTBL (accounting for 35%), and WisdomTree's WTGXX (accounting for 30%).It is reported that the STEP project will launch in July 2024, aiming to create a composable and sustainable yield-generating treasury for Arbitrum by investing in tokenized real-world assets (RWA).

ChainCatcher news, according to The Verge, after suddenly withdrawing support for the Senate's first stablecoin regulatory bill, Senate Democrats announced on Tuesday that they will introduce a new bill prohibiting federal officials and their families from issuing digital assets, directly targeting the stablecoins and meme coins currently held by Trump and his family.The bill's sponsor, Oregon Democratic Senator Sen. Jeff Merkley, stated, "Currently, anyone hoping to establish a relationship with the president can profit personally by purchasing cryptocurrencies that he owns or controls, which is an extremely corrupt act that threatens our national security and erodes public trust in government. We must put an end to this corruption immediately."

ChainCatcher news, according to Lookonchain monitoring, a trader lost $93,000 in just 1 hour due to investing in LLJEFFY.It is reported that he spent 1,046 SOL to buy LLJEFFY 2 hours ago, and then the news of Jeffy Yu's fake death caused LLJEFFY to plummet. In a panic, he sold the tokens, only to get back 394 SOL.