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Bitget releases a statement regarding abnormal trading in the VOXEL/USDT contract trading pair

ChainCatcher news, according to official information, Bitget has released a statement regarding the abnormal trading of the VOXELUSDT contract trading pair, which states: "During the period from April 20, 2025, 16:00 to 16:30 (UTC+8), we observed abnormal trading volume and transaction prices for the VOXELUSDT contract trading pair on the Bitget platform.After investigation, it was found that some users' suspected market manipulation behaviors during this period triggered the platform's risk control system. The trading, deposit, and withdrawal functions of the related accounts have been temporarily suspended, while other users are unaffected, and the platform's funds are completely secure.To maintain a safe and fair trading environment, we will carry out risk control measures on the accounts involved in abnormal trading within the next 24 hours and will restore the restricted functions of the relevant accounts once completed. Additionally, for users who actively participated in VOXELUSDT contract trading and incurred losses on that contract position during the period of April 20, 16:00 to 16:30 (UTC+8), a corresponding compensation plan will be launched. Please contact Bitget's official customer service to submit a ticket.In the future, Bitget will continue to optimize the risk control system and implement more security measures to protect the rights and interests of the majority of users. Thank you for your support and understanding."

Semler Scientific reported a Bitcoin impairment loss of approximately $41.8 million in Q1 this year

ChainCatcher news, according to CryptoPotato, medical diagnostics company Semler Scientific disclosed in an SEC filing submitted on April 15 that it incurred an unrealized loss of approximately $41.8 million from Bitcoin investments in the first quarter of 2025. This loss resulted from the BTC price plummeting from $93,500 at the beginning of January to about $82,000 by March 31.Despite facing losses, Semler still holds 3,182 Bitcoins, making it the twelfth largest corporate Bitcoin holder in the world, just behind Boyaa Interactive International Limited. CEO Doug Murphy-Chutorian reiterated the company's dual strategy of focusing on both Bitcoin accumulation and medical innovation.Financially, Semler expects first-quarter revenue to be between $8.8 million and $8.9 million, but anticipates an operating loss of $1.3 million to $1.5 million. As of March 31, the company held approximately $10 million in cash and cash equivalents.Meanwhile, Semler announced through another 8-K filing that it has reached a principle agreement with the U.S. Department of Justice (DOJ) to pay approximately $30 million to resolve a long-standing legal dispute. This dispute involves the company allegedly charging Medicare for medical devices through improper marketing, in violation of the False Claims Act.Semler also announced plans to issue up to $500 million in securities, with the proceeds to be used for general corporate purposes, including continued cryptocurrency purchases. Since the beginning of the year, the company's stock traded on NASDAQ (SMLR) has fallen over 22%.
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