ChainCatcher news, Musk changed his X account bio to "Read @America to understand why I'm supporting Trump for President," and the related Meme stock PAC briefly surged to $3.3 million.

ChainCatcher message, Slow Mist founder Yu Xian (@evilcos) stated on the X platform that the official Aquarius X account has been hacked (despite having Google Authenticator 2FA enabled). The attacker has modified the username, corresponding email, and phone number, and the previous username has been taken over by another spam account of the attacker. The attacker's methods are mature and sophisticated, reminding users to be cautious and not to trust any information released by the compromised account until recovery is confirmed. Even after recovery, users should remain vigilant about all information.

ChainCatcher news, according to SlowMist's disclosure, the Ronin Bridge was compromised due to a vulnerability where the weights were modified to unexpected values, allowing funds to be withdrawn without any multi-signature threshold checks.

ChainCatcher news, according to market news, the SEC has amended its lawsuit against Binance, attempting to no longer prove that tokens like SOL are securities.

ChainCatcher news, according to a report by BlockWorks citing sources, due to the "minimal" changes in the last S-1 round, the SEC can contact the issuer "at any time" to inform them of the fund's issuance date. In other words, issuers do not expect any additional comments from the Securities and Exchange Commission. The launch date of the Ethereum spot ETF is entirely in the hands of the SEC, which can speed up or slow down the process at will.A second source familiar with ETH fund documents noted that while the issuer has not received further comments from the SEC after the latest S-1 adjustments, there may be at least one more round of comments. The source added, "The timeline for the launch is unclear, but we reasonably expect it to be launched within the next two to three weeks."

ChainCatcher message, published by the blockchain game Parallel, stated on X from the AI interaction protocol Wayfinder Foundation: "Since our launch, we have been following up on all community feedback and will share some modifications to existing badges, as well as introduce new badges in the coming weeks. Where applicable, the introduction of new badges will retroactively update user scores."

ChainCatcher message, according to community user 826.eth, hackers have directly modified the names and online statuses of multiple machines on io.net through the API, in order to corrupt the data. Currently, the names and online statuses of multiple machines have been altered.

ChainCatcher news, Cboe BZX Exchange has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to modify the previously approved listing of the Franklin Bitcoin ETF.Specifically, the cutoff time for cash creation basket orders will be changed from 3 PM Eastern Time to 2 PM, the regular trading close time of the exchange, or another time determined by the sponsor. This change aims to provide greater flexibility for fund sponsors in determining the cutoff time for creations.

ChainCatcher news, the South Korean blockchain gaming platform WEMIX announced that the foundation has decided to stop the WENIX token minting rewards for each block, meaning that the total supply of WEMIX will remain unchanged, or will start to decrease from the block height at which the block minting rewards are stopped. The project team will use the WEMIX held by the foundation for distribution to incentivize ecosystem contributors, which is expected to last for about 20 years, while the current network fees through automatic destruction will be converted to bulk destruction, with the destruction rate determined at the end of each quarter.According to the timeline, WEMIX will release an updated white paper reflecting the above changes and will redistribute the token allocation based on the updated white paper. Subsequently, WEMIX3.0 will undergo a hard fork, which will stop block reward minting after deployment, and the total supply of WEMIX will be determined based on the specified block height, disclosed on various data aggregation platforms such as CoinMarketCap and through exchanges. In addition, the new block rewards will be distributed through a "block reward" wallet designed separately by the WEMIX foundation. The modifications and deployment of WEMIX3.0 are expected to take place in the first quarter of this year. The project team will provide guidance to the community through official announcements before each program execution.

According to ChainCatcher news, institutions hoping to issue a Bitcoin spot ETF have been asked to submit their final amendments to their applications in Washington by Monday morning, as reported by Bloomberg. The U.S. Securities and Exchange Commission (SEC) plans to vote on the 19b-4s filings submitted by exchanges in the coming days. The regulator may take action on the issuers' applications (S-1) around the same time.Additionally, if the SEC approves the two sets of required approvals, the ETF could begin trading as early as the next business day.

ChainCatcher news, U.S. financial lawyer Scott Johnsson tweeted that the wording regarding seed capital in VanEck's updated Bitcoin spot ETF prospectus is similar to that of BlackRock. However, VanEck did not use cash as seed capital like BlackRock's iShares, but instead suggested using Bitcoin as seed capital.Previously, BlackRock planned to provide seed capital for its Bitcoin ETF in October. Seed capital refers to the funds contributed by banks and brokerages to purchase underlying assets (in this case, Bitcoin) in exchange for ETF shares that can be traded on the open market on the first day of listing.

ChainCatcher news, Bloomberg ETF analyst James Seyffart tweeted that the crypto asset management company Bitwise has submitted a modified version of its spot Bitcoin ETF to the U.S. Securities and Exchange Commission (SEC), "just Bitwise's response to SEC comments and concerns." If Bitwise's product is approved by the SEC, it will trade under the ticker symbol BITB.

ChainCatcher news, Michael Lewis, the author of "The Big Short," reveals in his new book "Going Infinite" that former FTX CEO Sam Bankman-Fried was concerned that his employees would become wealthy due to the significant rise in the price of Serum (SRM) tokens in 2021, and might no longer be willing to work up to 14 hours a day for his crypto trading platform. As a result, Bankman-Fried modified the release rules for SRM tokens, locking the employees' SRM tokens for seven years.It is reported that Michael Lewis's new book about SBF, "Going Infinite: The Rise and Fall of a New Tycoon," is set to be published on October 3. Several sources have revealed that Apple acquired the rights to the book for $5 million. Michael Lewis's works also include "The Fall of Crypto King Sam Bankman-Fried & FTX" and "The Big Short."

ChainCatcher news, FOX Business reporter Eleanor Terrett stated on her social platform that the New York Department of Financial Services (NYDFS) will announce modifications to its token cap policy standards today.Cryptocurrency companies operating in New York will no longer be allowed to self-certify the adoption/listing of new tokens. The purpose of eliminating the self-certification process is to ensure that all BitLicense and Limited Purpose Trust Companies (LPTC) adhere to the same DFS-approved listing standards, providing more clarity for an industry plagued by scams.

ChainCatcher news, Wintermute has modified the proposal previously submitted to the Yearn Finance community, planning to store CRV tokens in a 3/4 or 4/6 multi-signature wallet, which requires the approval of at least one Yearn team member to execute transactions. At the same time, Wintermute proposed to extend the staking period of CRV in Yearn to 12 months, aligning with the loan term of YFI tokens, while suggesting that YFI can be returned and CRV collateral reclaimed after 6 months.Previous news, Wintermute intends to apply for a YFI loan from the Yearn Finance community and requests to transfer 350 YFI (2.18 million USD) from the DAO treasury to Wintermute Trading for a period of 12 months, with an interest rate of 0.1%, to be repaid in kind at the end of the loan term.

ChainCatcher news, according to Shield monitoring, the developers of Magnate Finance have modified the provider of the protocol oracle and removed all assets within the protocol.Currently, the TVL of Magnate Finance is only $107,000.Previously, it was reported that the Magnate Finance website was inaccessible, and the Telegram group has been deleted.

ChainCatcher news, court documents show that after the U.S. trustee opposed a previous motion, the FTX debtors modified the settlement proposal.In the latest proposal, the debtors will list the U.S. trustee as an interested party and reduce the maximum settlement value of the claims covered by the procedure from the previous $10 million to $7 million. The debtors will also submit monthly reports on the executed settlements. Any objections from the interested parties will need to be resolved or settled through a court order before the claims process can proceed.

ChainCatcher news, according to Bloomberg, Valkyrie submitted a new filing on Wednesday (July 5) after applying for a spot Bitcoin ETF with the SEC on June 21. The Nashville, Tennessee-based company stated in the filing that it will designate Coinbase as the SSA, which will provide market oversight to support its proposed Bitcoin fund.It is reported that if the latest application is approved, Valkyrie's spot Bitcoin ETF will be listed on Nasdaq, which signed a term sheet with Coinbase on June 30 to monitor the sharing agreement. (source link)

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas stated on his social media that, according to disclosed documents, Cathie Wood's Ark Invest has amended its 19b-4 filing for its Bitcoin spot ETF application. Similar to BlackRock's approach, ARK Invest's amendment introduces a supervisory sharing agreement between the Chicago Board Options Exchange (CBOE) and a well-known cryptocurrency exchange (likely Coinbase).Since ARK Invest's Bitcoin spot ETF application was submitted earlier than BlackRock's, this amendment may give it a lead in the SEC's approval process. (Source link)