Justin Sun: The BitTorrent team has completed the BTTC cross-chain bridge decommissioning plan, and all funds are safe.
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EthLabs: Advancing hiring, fundraising, and asynchronous cross-chain interoperability based on ZooKeeper technology.
PANews reported on July 6th that EthLabs, an Ethereum ecosystem research organization, announced that it has entered its second week of operation and is actively recruiting and raising funds. The team plans to expand to approximately 10 people soon and 20 people in the medium term, and has already received over 300 applications. Regarding funding, it has secured initial support from Bitmine, Sharplink, and Joseph Lubin, and is seeking one or two additional anchor funders. Technically, EthLabs is accelerating the development of asynchronous cross-chain interoperability based on ZooKeeper technology, believing that more secure cross-chain bridges will provide issuers with confidence in the widespread distribution of assets across the network, while also focusing on the Fast Confirmation Rule's improvement of L1 to L2 link latency.
Dragonfly partner Haseeb: VVV's essence has been misunderstood. Venice is essentially a company, not a decentralized network or on-chain protocol.
On July 5th, PANews reported that Dragonfly partner Haseeb released a video on the X platform stating that Venice is essentially a company, not a decentralized network or on-chain protocol, and the vast majority of its customers are not crypto users. There is a clear misunderstanding in the market regarding its token, VVV: VVV does not represent company equity, nor does it possess attributes similar to "network equity." Even after the airdrop, the company founders invested millions of dollars of their own funds in operations and did not raise funds by selling tokens. Haseeb pointed out that no founder would give up 50% of a company's equity for free in the early stages, and the narrative that equates tokens with equity is logically flawed. He also denied claims of "unclear information," stating that the project team has always clearly defined VVV's positioning.
Justin Sun has staked $430 million in Ethereum on Lido, yielding an annualized return of approximately $9.5 million.
According to Odaily Lens monitoring, Justin Sun Sun has been continuously staking ETH through Lido Finance. 23 hours ago, Justin Sun staked another 13,000 ETH, worth approximately $23.08 million, bringing his total staked ETH on Lido to 247,436 stETH, currently valued at approximately $430.2 million. Data shows that since February 2023, this staking position has generated a total of 11,307 stETH staking profits, worth approximately $26.82 million. Based on the current profit level, Justin Sun position has an annualized return of approximately $9.5 million.
0xSun: I've already buy the dips in ANSEM and NEST, and I believe Solana will remain the engine of this round of on-chain price increases.
According to Odaily Odaily, trader 0xSun stated that he has purchased ANSEM and NEST at market values of approximately $280 million and $6 million respectively, in order to participate in the current on-chain market volatility. He believes that the on-chain market performance driven by blknoiz06 was active in this round, with strong Meme coins appearing in Solana, BNB Chain, and Robinhood Chain. However, the overall rotation was extremely fast. Except for ANSEM, which continued to rise for more than a week, most of the other leading chains peaked overnight. 0xSun stated that ANSEM has already corrected by over 40% from its peak, and given Ansem's continued activity and the fact that approximately 60% of its tokens remain uncirculated, a rebound is highly probable. NEST, on the other hand, is a riskier and more volatile asset, with its short-term price movement still primarily driven by market sentiment. They also believe that for investors with smaller capital, the crypto market remains a more suitable market for high-risk, high-reward plays.
"Whale Discovery": Samsung's large-scale long position is now down to its last remaining member, the sole whale on the blockchain holding a long position of 1.49 million SMSN.
According to BlockBeats, on July 7th, Hyperinsight monitoring showed that as of press time, a whale with the account starting with 0x7de was holding a long position in Samsung Electronics (SMSN) with 3x leverage, totaling approximately $1.492 million, at an average price of $204.35 and a liquidation price of $143.32, currently showing a floating loss of approximately $96,000 (-18.1%). Following the release of Samsung's preliminary second-quarter results today, Samsung's stock price has fallen sharply. Based on current monitoring data (million-dollar positions), this address is the only whale on the Hyperliquid platform still holding a large long position in SMSN. It is reported that this address began accumulating shares from scratch on the morning of July 6th, Beijing time, with the first transaction price at $208.97. After the stock price fell sharply at 9:00 AM today, this address did not reduce its holdings. Instead, it continued to add 2,870 shares in the range of $194.69 to $198.44, and its current net holding is 7,770 shares. Currently, this address only has one SMSN take-profit order at $245, with 2,100 orders, covering only about 27% of the position. The take-profit level is more than 20% above the current price. - HyperInsight Bot is now live. Add @HyperInsightBot to the Telegram community and set it as an administrator (message sending permission required) to automatically sync on-chain information.
Anastasia Golovina, a former member of the Chainlink team, has joined Hyperliquid as Chief Communications Officer.
PANews reported on July 7 that Anastasia Golovina, a former member of the Chainlink communications team, has joined Hyperliquid as Chief Communications Officer. Golovina stated that she has over eight years of experience in the crypto industry.