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US media reveals inside story of the US-Iran ceasefire agreement: The Iranian president and central bank governor jointly urged the Supreme Leader to "sign it quickly."
According to a report by The New York Times on July 4th, citing four officials familiar with the details of the meeting, Iranian President Pezechzian visited Supreme Leader Mojtaba Khamenei during the final stages of negotiations when Khamenei hesitated to approve the preliminary ceasefire agreement. The Iranian president told the Supreme Leader that the economic situation was dire, the US naval blockade was strangling Iran, and he would resign if he rejected the agreement. Furthermore, the Governor of the Central Bank of Iran, Abdulnaser Hemmati, also wrote to Khamenei, stating that the country faced a severe budget crisis and that critical food and medical supplies would run out by the end of August if the naval blockade continued. Hemmati explained in the letter that Iran could not sell oil on the required scale or find alternative trade routes. These statements played a crucial role in Mojtaba's eventual decision to support the agreement. In a brief public statement, he stated that although he opposed the agreement "in principle," he instructed the president to proceed if he obtained the support of the Supreme National Security Council. Pezechzian stated that the council approved the agreement by 12 out of 13 votes.
British Reform Party leader Farage has been exposed for failing to declare funding from the cryptocurrency gaming industry; one of the funders has a prior conviction for fraud.
PANews reported on July 6th that, according to an investigation by The Block citing The Sunday Times, Reform Party leader Nigel Farage failed to declare, as required, financial support from George Cottrell for security, drivers, social media personnel, and accommodations before his election as a Member of Parliament in 2024. Cottrell, who previously served eight months in prison in the US for wire fraud, later became a key figure in a cryptocurrency gambling platform. Farage only declared a £9,253 trip to Belgium funded by Cottrell and a £15,276 flight donation, failing to mention the security costs already paid by Cottrell.
A whale withdrew 4,942 ETH from Binance and staked them on Lido, withdrawing a total of $22.08 million in assets in the past 24 hours.
According to BlockBeats, on July 5th, Onchain Lens monitoring revealed that a whale address withdrew 4,942 ETH from Binance, worth approximately $8.83 million, and immediately staked them on Lido, obtaining approximately 3,990 wstETH. Furthermore, this address also withdrew 211.5 WBTC from Binance in the past 24 hours, worth approximately $13.25 million. As of now, this whale has withdrawn a total of approximately $22.08 million worth of ETH and WBTC from Binance in the past 24 hours, with all withdrawn ETH already used for on-chain staking.
The leader of the UK's Reform Party has been accused of improperly lobbying the central bank against a digital pound, possibly related to undeclared grants.
According to Foresight News , Decrypt reports that Labour MP Phil Brickell has filed a whistleblower complaint with the Parliamentary Standards Commissioner regarding Reform Party leader Nigel Farage's alleged lobbying of the Bank of England. The complaint alleges that Farage's push for crypto policies could benefit his largest donor, Christopher Harborne, a major investor in Tether. The core of the complaint involves a private meeting last September, during which Farage allegedly urged Governor Andrew Bailey to abandon plans to issue a central bank digital currency, "Britcoin." The Bank of England subsequently withdrew its proposed £20,000 cap on individual stablecoin holdings. The investigation focuses on whether there is a connection between this grant and Farage's lobbying activities.
Standard Chartered is again shill on Uniswap, and UNI's 24-hour gains have widened to 13.4%.
According to BlockBeats, on July 3, Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, stated that the market is severely underestimating the potential of collaborations between Robinhood and high-quality DeFi protocols such as Uniswap, and expects more similar collaborations to materialize in the coming quarters, especially those centered around Uniswap. According to HTX market data, UNI's 24-hour gains have widened to 13.4%, currently trading at $3.17. In June, two research reports from Standard Chartered Bank triggered a brief period of FOMO (Fear of Missing Out) for Altcoin UNI and AAVE. On June 16th, Standard Chartered's report covered Uniswap for the first time, predicting that its UNI token could rise 40 times to $100 by the end of 2030. A week later, Standard Chartered again shill another DeFi token, AAVE, with Geoff Kendrick predicting that AAVE could rise to $3,500 by the end of 2030. On July 1st, Standard Chartered first rated Morpho, predicting that the project's token price would rise 33 times to $60 by the end of 2030.
The Central Bank of Russia plans to implement a "cooling-off period" for cryptocurrency transactions, freezing funds for 48 hours after transfer.
PANews reported on July 3rd that, according to a report by Bits.media, Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, stated that the proposed cryptocurrency regulatory bill will establish a 48-hour "cooling-off period" for legitimate cryptocurrency transactions. This means that funds will be forcibly frozen for 48 hours after a transfer, limited to transfers between accounts only and excluding cryptocurrency brokerage services. This aims to protect non-professional investors from fraud. These provisions have been incorporated into the cryptocurrency market regulatory bill, which was originally scheduled to take effect on July 1st, but the second and third readings have been postponed, and it is expected to take effect on September 1st. Furthermore, Chistyukhin also stated that the Central Bank of Russia is discussing rules for Belarusian cryptocurrency companies to enter the Russian market.