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More →Three cryptocurrency holders convicted in Bristol court over home invasion robbery case
According to a notice from the Avon and Somerset Police in the UK, Bristol Crown Court has sentenced three men in connection with a home invasion robbery targeting a cryptocurrency holder. Terroll Paul (31), Mohamed Samagassi (37), and Pierre Madzou (30) were sentenced to 6 years, 5 years, and 5.5 years in prison respectively for aggravated burglary. The incident occurred in the early hours of May 15, when the three men forced their way into a residence in Bristol and struck the victim on the head, causing serious injuries that required hospitalization. They threatened the victim to hand over a large amount of crypto assets. The victim's underage sister took the opportunity to call the police, and officers subsequently arrested all three suspects at the scene. No assets were lost.
Lagarde: The digital euro will complement cash for everyday payments.
CoinWorld news, according to Cointelegraph, European Central Bank President Christine Lagarde stated that the digital euro is about to be launched and will be used to "complement cash" to meet daily payment needs, while Europe is also resisting private stablecoins.
The long-to-short ratio of SOL whale accounts is 2.7908.
CoinWorld data: The latest 4-hour snapshot for SOLUSDT shows that among the top 20% of margin balance holding accounts, the long-short account ratio is 2.7908, with more net long accounts among large holders. Compared with the same-caliber snapshot 24 hours ago, it rose by 0.0953; compared with the same-caliber snapshot 7 days ago, it rose by 0.1251.
Two oil tankers were attacked near Saudi Arabia.
Two oil tankers were attacked in waters near Saudi Arabia. The UK Maritime Trade Operations (UKMTO) office issued two consecutive advisories on the 17th stating that two oil tankers were attacked in waters near Jubail, Saudi Arabia, that day. One was hit by an "unidentified projectile," and the other was attacked by a rocket. The crews of both tankers were confirmed safe. According to the advisories, the first incident occurred at 09:00 UTC on the 16th (17:00 Beijing time on the 16th), at a location approximately 68 nautical miles (about 126 kilometers) northeast of Jubail. An oil tanker was hit by an unidentified projectile, and all crew members on board had safely evacuated. At the time of the incident, no environmental pollution impact had been reported. The second incident occurred at 19:22 UTC on the 16th (03:22 Beijing time on the 17th), at a location approximately 78 nautical miles (about 144 kilometers) northeast of Jubail. The master of the attacked oil tanker reported that the vessel was attacked by a rocket fired from a small boat, and the port quarter of the ship was damaged. All crew members on board were confirmed safe.
TSLA off-exchange short sale volume ratio reported at 47.05%
CoinWorld US stock data: TSLA's off-exchange short-selling volume accounted for 47.05% of the total that day. Compared with the same-caliber snapshot 24 hours earlier, it rose by 4.1501 percentage points; compared with the same-caliber snapshot 7 days earlier, it rose by 1.6938 percentage points.
ETH large holder account long-short ratio is 2.2446
CoinWorld data: The latest 4-hour snapshot for ETHUSDT shows that among the top 20% of accounts by margin balance, the long-short account ratio is 2.2446, with more net long accounts among large holders. Compared with the same-metric snapshot 24 hours ago, it is up 0.2604; compared with the same-metric snapshot 7 days ago, it is up 0.0446.
The Paris court hearing on the holograph illegal issuance of 1 billion tokens case has begun.
According to a report by French newspaper Le Figaro citing Agence France-Presse, the case of the illegal minting of 1 billion tokens by holograph (hlg) in 2024 went to trial in Paris on October 16, with the amount involved at the time estimated at around $14 million. Among the three defendants, the main suspect is a Ukrainian former holograph employee residing in France, who is accused of illegally minting 1 billion HLG by modifying the token creation conditions and transferring them to his personal wallet, after which he and accomplices moved the funds through multiple exchange accounts. A lawyer for the holograph foundation stated during the trial that the incident caused the project to lose customer trust, that it has now come to a complete standstill, and that it is preparing for liquidation.
ETH liquidation pressure: watch $2,255.67 to the downside and $2,590.98 to the upside.
CoinWorld data: ETH is currently priced at approximately $2,438.57. If the price falls about 7.5% to around $2,255.67, some high-leverage long positions may face concentrated liquidations; if the price rises about 6.25% to around $2,590.98, some high-leverage short positions may face concentrated liquidations. The upper liquidation zone is currently closer to the current price, meaning that if the price moves upward, short liquidation pressure may emerge sooner. Other notable zones: downside at $2,170.32 and $2,005.72; upside at $2,816.54 and $2,822.64. The above levels are estimated based on public market prices and changes in open interest, do not mean the price will necessarily reach them, and are not predictions of price direction. Compared with the same-methodology snapshot 24 hours ago, it is down 1.03%; compared with the same-methodology snapshot 7 days ago, it is down 2.25%.
Arbitrum launches stablecoin growth program with a 2 million ARB prize pool
Arbitrum has announced the launch of the "Arbitrum Stablecoin Growth Program," open to lending, yield, AMM, and payment protocols holding at least $1 million in stablecoin balances. Selected protocols that commit to making Paxos' regulated stablecoin Global Dollar (USDG) their primary stablecoin on Arbitrum and migrate at least $1 million in TVL will receive performance-based ecosystem incentives from the Arbitrum Foundation, technical integration support, and backing under the DRIP program. In addition, the program has established a dedicated 2 million ARB reward pool, with the first 10 teams to reach a 30-day average TVL of $10 million in USDG each receiving an additional 200,000 ARB.
Stolen funds continue to flow into ZEC, involving the Cryptobills Ledger incident and a $12 million Triple-A hack.
According to a CoinWorld report, on-chain sleuth Specter has monitored that, as disclosed by ZachXBT, after the Bitget attacker used Zcash (ZEC) to obscure stolen funds, other stolen funds have also begun flowing into ZEC, including funds from the Cryptobills Ledger incident and $12 million worth of funds from the Triple-A hack. Threat actors are using ZEC to move stolen funds.