A hacker stole assets in an attack on the GMX V1 pool, exchanging all assets except for FRAX for 11,700 ETH, worth approximately $32.33 million, and deposited them into 4 wallets. At the same time, the hacker still holds about 10.495 million FRAX, totaling approximately $42.8 million in assets. This move seems to reject the project party's repayment proposal.

According to Coinglass's semi-annual encryption derivatives market report, Hyperliquid (HYPE) is experiencing explosive growth, with average daily volume skyrocketing from under $100 million to an impressive $300 million to $5 billion in just one year.

Today (10), during the Asian early session, Bitcoin (BTC) rose above 111,000 USD, reaching a peak of 112,040 USD, setting a new historical record. The minutes from the Federal Reserve (FED) meeting indicate that participants have differing views on the inflation outlook, with only a few willing to consider a rate cut in July. U.S. President Trump has again sent tariff letters to 8 countries, with Brazil facing a 50% tariff.

PANews, July 10th news, according to Onchain Lens monitoring, a Whale spent 27.5 million USDT to buy ETH and AAVE: among them, 25 million USDT was spent to buy 9,187.52 ETH at an average price of 2,721 USD; 2.5 million USDT was spent to buy 8,243.44 AAVE at an average price of 303.27 USD.

Odaily News Cyvers Alerts posted on the X platform indicating that multiple suspicious transactions have been detected on ZKSpace, while its official X account has been frozen. The affected funds amount to approximately 4 million USD, and currently, around 1.3 million USD, including USDT and USDC, has been exchanged for ETH and deposited into

Gate News bot message, Tether has officially announced a significant token sale amounting to $600 million, coupled with an increase in its stablecoin reserves. According to the announcement, the initiative is set to commence on July 12th, as indicated by the official countdown timer. The sale mar

According to BlockBeats news on July 9, on-chain analyst Yu Jin monitored that GMX may have been hacked about an hour and a half ago, with assets worth approximately 42 million dollars stolen, including WBTC/WETH/UNI/FRAX/LINK/USDC/USDT. The initial funds for the hacker address that stole the assets were transferred from Tornado the day before yesterday.

The U.S. Department of Justice released a major indictment on Monday, accusing two men of operating a massive Crypto Assets investment eyewash, leading to substantial losses for thousands of investors, with over $650 million involved. This is one of the largest cases of Crypto Assets fraud criminal charges in recent years. Currently, the two defendants are facing felony charges of telecommunications fraud and Money Laundering. If convicted, each could face up to 40 years in federal prison.

Golden Finance reports that 10x Research published an analysis on the X platform stating that the current price of Ethereum (ETH-USDT) is above the 7-day and 30-day moving averages, indicating that the ETH price is in a bullish trend. Over the past week, the ETH price has risen by approximately 3.6%, a trend that may be driven by around $148.5 million in inflows into the Ethereum ETF, particularly as BlackRock's Ethereum ETF has started to increase its holdings of ETH, with the asset size of this ETF now reaching approximately $4.6 billion. Additionally, BitMine has raised $250 million to support ETH asset strategies, and SharpLink Gaming has increased its holdings by 9,468 ETH, enhancing institutional demand.

The encryption derivation platform Top.one officially launches Futures Trading with a maximum leverage of 10,000 times, supporting mainstream tokens such as BTC. The official "July Trading Carnival" is launched, where users can obtain up to 500 USDT rewards through tasks, aiming to enhance the trading experience.

Gate News bot news, according to the official announcement from Gate on July 9, 2025: Gate will delist all trading markets for the SMH and ETHERPARTY tokens on July 16, 2025, at 11:00 ( UTC+8, including the SMH/USDT and ETHERPARTY/USDT trading pairs and related quantitative grid trading functions. The platform has suspended the deposit services for these tokens. Gate will provide a buyback service for users who still hold these tokens after July 30, 2025. The buyback prices are: SMH at 0.0011104 USDT each, ETHERPARTY at 0.000029218 USDT each, with a maximum compensation limit of 100 USDT per user. The buyback application period is from July 30, 2025, 00:00 to August 6, 2025, 00:00 1928374656574839201 UTC+8 1928374656574839201.

Analysts have revealed that banks are actively embracing Blockchain technology, focusing on its speed and efficiency advantages. In the future, banks may begin to attempt the issuance of tokenized assets (such as stablecoins) that adopt a fractional reserve system, which will directly challenge the current norms of the Crypto Assets industry. Currently, the vast majority of circulating stablecoins (such as USDT and USDC) are fully backed by fiat (100% reserves). However, this model appears to be less efficient compared to traditional banks operating with fractional reserves. Banks only need to keep a small portion of deposits as reserves, while the majority can be used for lending profits. Will Beeson, founder of stablecoin infrastructure company Multiliquid, pointed out that if banks can issue tokenized dollars (i.e., bank stablecoins) that play a role similar to fully collateralized stablecoins, while only needing to hold a portion of reserves as support, it would provide them with a significant competitive advantage.

Gate News Bot news, July 9, according to CoinMarketCap data, as of the time of writing, GT (GateToken) is currently priced at $15.70, with a rise of 0.95% in the last 24 hours, reaching a high of $16.15 and a low of $15.04. The 24-hour volume has reached $4.26 million. The current market capitalization is approximately $1.93 billion, an increase of $18.1 million compared to yesterday. GateChain is an advanced blockchain network built for infinite possibilities. It provides fast, secure, and reliable infrastructure to support the seamless transfer of decentralized applications and digital assets. GateChain is an EVM-compatible Layer-1 blockchain that allows developers to deploy and run applications quickly at almost no cost. The average transaction cost is less than $0.002, significantly reducing

Gate News Bot message, July 9, according to CoinMarketCap data, as of the time of writing, AIN (Infinity Ground) is currently priced at 0.10 USD, with a rise of 55.86% in the last 24 hours, reaching a high of 0.13 USD and a low of 0.03 USD. The current market capitalization is approximately 18.8 million USD, an increase of 6.75 million USD compared to yesterday. Infinity Ground is an AI-driven platform focused on Web3 creation, aimed at enhancing developer productivity and redefining the Web3 development paradigm. The project leverages a multi-agent framework to transform the Web3 development process, from cold start to explosive rise, quietly changing the Web3 development ecosystem. Important news about AIN recently: 1️⃣ **Gate platform adds AIN margin trading** Gate

According to a report by Bloomberg, the world's largest stablecoin issuer Tether Holdings SA announced that it has established a dedicated vault in Switzerland to store $8 billion worth of gold reserves and plans to continue increasing its holdings. The cryptocurrency company, headquartered in El Salvador, stated that it currently holds nearly 80 tons of physical gold. The vast majority of this is directly owned by Tether, making it one of the largest gold-holding entities in the world, aside from banks and nations.

Gate News bot message, Gate market shows that Mecha has pumped 716.00% since the launch of Alpha, current price 0.002009 USDT.

Today (9) in the Asian early session, Bitcoin (BTC) ended the pullback and rebounded, currently reported at around 108,880 USD. The media platform Truth Social, owned by former U.S. President Trump, released ETF documents holding BTC, ETH, SOL, XRP, and CRO. The Russian government, led by President Putin, stated that Russian companies use net settlement, gold, and encryption in cross-border payments. Tether holds 8 billion USD worth of gold in a secret vault in Switzerland.

Gate News bot message, Gate market shows that since the launch of Alpha, donk has risen by 2477.70%, current price 0.00002345 USDT.

Gate News bot message, Gate market shows that after the launch of Alpha, donk has pumped 2106.28%, current price 0.00001926 USDT.

The illegal goods trading market Huione was shut down after enforcement by FinCEN, but its associated wallets have transferred approximately 1 billion USDT to major centralized exchanges, indicating that it is still operating indirectly, with complex methods of fund transfer, primarily flowing to large centralized exchanges.

Odaily News Tether announced an investment in the blockchain forensics company Crystal Intelligence to combat crypto assets crime, with the specific investment amount not yet disclosed. As scams and fraudulent activities related to crypto assets increase, Tether is committed to curbing the illegal use of its USDT stablecoin.

BlockBeats news, on July 8, Gyroscope announced that ETH/USDC and ETH/USDT are now live on the Ethereum Mainnet, both incentivized by GYD - Gyroscope stablecoin, with an APR of up to 143%. The design goals of the dynamic liquidity pool are: 1. To provide real returns from efficient exchange currency fees; 2. LPs do not need to manage and adjust positions; 3. Efficient and safer wide-range liquidity. Similar dynamic liquidity pools include: BTC/stablecoin, which has already brought better performance to LPs on Base. Its dynamic mechanism avoids high-cost rebalancing, providing LPs with automated market-making profits that exceed other DEXs in the market. Dynamic liquidity pools will launch on Sei and more L2s.

Gate News bot news, according to the official announcement from Gate on July 8, 2025. Gate platform has added PAL (Palio) token as a borrowable asset for leveraged trading, and has simultaneously launched the PAL/USDT leveraged trading pair. After this update, the Gate platform supports over 800 types of leveraged trading cryptocurrencies. Users can view specific lending information for currencies such as PAL on the platform, including parameters like leverage multiples and lending rates.

Gate News bot message, US-listed company DeFi Technologies (Nasdaq: DEFT) released its monthly operational report for the period ending June 30, 2025, on July 8. It mentioned that its subsidiary Valour's Assets Under Management (AUM) is $771 million (approximately CAD 1.04 billion), a decrease of 5% compared to the previous month.

The price of Tron (TRX) hovers around 0.287 USD, having risen nearly 4% in the past week. The TRX network has processed over 13 billion transactions, handling more than 21 billion USD in USDT transfers weekly, surpassing Ethereum (ETH). The surge in trading activity is attributed to the integration of projects like the official meme coin TRUMP by President Trump and Plume's Skylink, indicating that the practicality and development momentum of the TRX ecosystem are strengthening.

The current price movement of Ethereum is at a critical moment. The ETH/USDT trading pair is testing the $2,590 high timeframe resistance level, a region that is technically significant as it perfectly aligns with the 0.618 Fibonacci retracement level and the middle band of the current Fibonacci price channel. Although bullish momentum still exists, this area may create a short-term top, triggering a healthy technical pullback that lays the foundation for a larger breakout afterward. If the price successfully pulls back to the $2,226 area and finds support there, it will complete a potential butterfly harmonic pattern, paving the way for the price to target the $3,200 level. The prerequisite for this scenario is that the support level holds effectively, and trading volume significantly increases in the next round of upward movement.

Odaily News According to official news, Gate xStock spot trading volume has exceeded 200 million USD. The xStock zone has launched Perptual Futures and Gate Alpha trading. To give back to users, a limited-time event for new users is in full swing. From now until July 11, 2025, 16:00 (UTC+8), participants who sign up and trade can share up to 100,000 USDT contract experience vouchers.

According to the 21st Century Business Herald, the popularity of stablecoins remains high, with attention gradually shifting to practical application scenarios. Recently, there have been market reports indicating that Yiwu has cases of foreign trade goods accepting stablecoin payments, making it once again a focal point of public attention. After an on-site visit, the reporter made the following discoveries: 1. Data is seriously exaggerated: stablecoin payments in Yiwu have not yet formed a scale, and the actual users are very few. 2. Core obstacles are difficult to resolve: export tax rebate policies and the demand for corporate financing/exhibition spaces are the core advantages that traditional payments cannot replace. 3. Risks outweigh advantages: the risk of card freezing and exchange costs lead merchants to actively avoid stablecoins. 4. Breaking the deadlock relies on regulation: whether promotion can occur in the future depends on whether compliant platforms like "Yi Payment" can obtain licenses (such as in Hong Kong) and resolve core pain points like tax rebates and financing.

In the wave of digital finance, the temptation of high returns often comes with enormous risks. Recently, the Chinese investment community was shocked by a stunning fraud case: a platform named "DGCX Xin Kang Jia" impersonated the Dubai Gold and Commodities Exchange (DGCX) and illegally raised as much as 13 billion RMB within just two years, resulting in over 2 million victims. This case not only has a massive scale but also reveals how criminals exploit emerging concepts and human weaknesses to weave seemingly beautiful wealth traps. The Public Security Bureau of Taojiang County in Hunan Province has issued a warning, reminding the public to stay vigilant and refrain from participating in such unapproved investment activities.

BlockBeats News, on July 8th, according to the official announcement, Gate will launch BOOM Perptual Futures Trading (USDT Settlement) on July 8th at 20:05 (UTC+8), supporting 1-20x leverage.

Bitcoin today (8) is experiencing a pullback, currently reported at around 108,000 USD, after previously facing strong dumping pressure near the 110,500 USD mark, indicating the short positions' determination to defend this important resistance level. However, for the long positions, an encouraging signal is that the price remains above the MA, reflecting the firmness of investor sentiment and the current lack of profit taking.

Gate News Bot news, July 8th, according to CoinMarketCap, as of the time of writing, GT (GateToken) is currently reported at $15.56, rising 2.49% in the last 24 hours, with a high of $16.15 and a low of $15.04, and a 24-hour volume of $4.33 million. The current market capitalization is approximately $1.912 billion, an increase of $46.5 million compared to yesterday. GateChain is an advanced blockchain network built for the future. It provides fast, secure, and reliable infrastructure to support the seamless transfer of decentralized applications and digital assets. As an EVM-compatible Layer-1 blockchain, GateChain enables developers to deploy and run applications quickly at almost zero cost. The average transaction cost is less than $0.002, and GateChain reduces user.

Today (8th) in the Asian early session, Bitcoin (BTC) pulled back from last night's high, currently reported at around 108330 USD, as trade war impacts risk assets. U.S. President Trump signed an executive order, delaying the implementation of tariffs from July to August 1st. Nevertheless, Bloomberg emphasized that Trump’s new deadline "is not 100% certain," allowing more time for negotiations. Trump warned that any trade retaliation would be met with a response from the United States.

The Gate trading platform briefly launched the Pump.fun token presale page, planning to launch the PUMP token on July 12, priced at $0.04 each, with sales lasting for 72 hours, and initially releasing 15% of the total supply.

Celestia (TIA) Today's price movement is strong, with long positions successfully reversing the downward trend that lasted for several weeks, and the price of TIA coin surged by as much as 14%. According to Gate data, TIA reached a high of $1.68 during intraday trading on July 7, stabilizing at $1.65 at the time of writing, with the current market capitalization of Celestia being approximately $1.15 billion.

Gate News bot message, according to the official announcement from Gate on July 7, 2025. The Gate platform has added AIN (Infinity Ground) as a borrowable asset for leveraged trading. The newly added leveraged trading pair is AIN/USDT. Currently, the Gate platform supports leverage trading for over 800 cryptocurrencies, and users can check the latest borrowable assets, leverage multiples, interest rates, and other detailed information on the platform.

Gate News bot message, Gate market shows that since the launch of Alpha, $KNOB has risen 2491.98%, current price 0.002006 USDT.

Gate News bot message, Gate market shows that M has risen by 155.11% since the launch of Alpha, current price 0.1564 USDT.

Gate News bot message, Gate market shows that after the launch of Alpha, SAVIOUR has pumped 7801.62%, current price 0.06305 USDT.

For a long time, China has maintained a strict prohibition policy towards Crypto Assets, especially in 2021 when it completely banned Crypto Assets trading and Mining, leaving a deep impression on the global crypto community. However, recent unexpected news has emerged: China's IT giants are actively positioning themselves in the stablecoin market and plan to launch a stablecoin based on the Renminbi. At the same time, the United States is also accelerating its stablecoin legislation. This raises curiosity about whether the US and China will face a new competition in the global stablecoin market. Moreover, does China's iron-fisted policy towards Crypto Assets quietly open a window for the development of the Renminbi stablecoin?

Gate News bot message, Gate market shows that since the launch of Alpha, MANYU has risen by 130.66%, current price 0.0000000146542 USDT.

Today (7) during the Asian afternoon session, Stellar (XLM) rose nearly 1%, making a slight gain on top of the 5% increase on Sunday. After rebounding from the support level on Wednesday, XLM is now approaching the resistance trend line of a descending triangle pattern, driving its increase of nearly 12%. PayPal announced that PayPal USD (PYUSD) will land on the Stellar platform, and the heated discussions on social media have further fueled market optimism, with the number of open contracts for XLM surging by 10%. The technical outlook remains bullish, with positive factors continuously emerging.

Gate News bot message, Gate market shows that since the launch of Alpha, $KNOB has risen by 2367.33%, current price 0.001937 USDT.

Gate News bot message, Gate market shows that M has risen by 83.93% since the launch of Alpha, current price 0.11402 USDT.

Gate News bot message, Gate market shows that after the launch of Alpha, SAVIOUR has risen by 7617.58%, current price 0.0617 USDT.

Gate News bot news, Gate market shows that since the launch of Alpha, FIAT has pumped 1889.19%, current price 0.000868 USDT.

Gate News bot message, Gate market shows that since the launch of Alpha, SAVIOUR has pumped 7518.40%, current price 0.06091 USDT.

According to Jinse Finance, data from DeFi Llama shows that the total market capitalization of stablecoins in the crypto market is $255.605 billion, an increase of $2.023 billion from last week, with a week-on-week rise of 0.80%. Among them, the market capitalization ratio of USDT is 62.39%.

Today (7th) in the Asian early session, Bitcoin (BTC) continues the weekend rebound trend, maintaining above $109,000. The Trump administration announced that tariffs will take effect on August 1, and countries can still negotiate with the U.S. before the July 9 deadline. Billionaire Musk has established the "American Party," implying continued support for Bitcoin, as the rift with Trump intensifies.