🇻🇳 Vietnam officially regulates the legal framework for digital assets On June 14, the National Assembly passed the Digital Technology Industry Law, which for the first time includes digital assets in legislation. Digital assets are defined and will be managed to ensure safety, prevent money laundering, and combat terrorism financing. Detailed regulations and monitoring mechanisms will be issued later, referencing international standards, aiming to move Vietnam out of FATF's Grey List. 📅 The law will take effect from January 1, 2026. 👉 Currently, this is just a recognition step, and there is no specific legal framework yet. 🤗 This is the starting point for the legal corridor for crypto in Vietnam, opening up opportunities for legitimate development in the future. #crypto
🥺 What a pity! This person sold all 630,339 $TRUMP (equivalent to 5.48 million USD) just before the news about the dinner with President Trump.
If he had been more patient, the profit could have exceeded 4.5 million USD, and he would definitely have had the chance to be invited to dinner with Trump.
Surely he is very, very sad, right? I even feel sorry for him.
HOT: The U.S. sanctions a fake IT network related to North Korea, revealing links to Vietnam
The U.S. Department of the Treasury, through the Office of Foreign Assets Control (OFAC), has sanctioned 6 individuals and 2 organizations related to a fake IT personnel network backed by North Korea. This group is accused of using fake credentials and stolen identities to apply for jobs at companies worldwide, subsequently transferring most of their salaries back to the North Korean regime to fund missile and weapon programs.
The network is said to operate in Vietnam, Laos, and Spain, with Amnokgang Technology Development Company accused of managing IT personnel working abroad. Notably, Nguyễn Quang Việt, CEO of Quangvietdnbg International Services Company Limited, is alleged to have laundered approximately 2.5 million USD through cryptocurrency for this network.
OFAC has also added individuals to the sanctions list, including Do Phi Khanh, Hoang Van Nguyen, Yun Song Guk, Hoang Minh Quang, and York Louis Celestino Herrera, for alleged connections to the network.
According to regulations, all assets in the U.S. of the individuals and organizations above will be frozen, and they are prohibited from conducting financial transactions or business with organizations and individuals in the U.S. Violators may face civil or criminal penalties.
🐍Another 'eel lord' in the crypto village Just 3 days ago, Trend Research founder Jack Yi said: 'Any Ethereum ($ETH) below 2,000 USD is a buying opportunity.' But today the situation is somewhat... against the wind: A wallet believed to be related to Trend Research has deposited 100 million $USDC into Aave, then borrowed 27,000 ETH (~55.72 million USD) and transferred it to Binance to open a short position on ETH. While saying to buy below $2,000, the hands are... going short on ETH🥹
⚠️Warning: Trader loses nearly 50 million USD due to slippage A user swapped 50 million USDT for AAVE on CoW Swap but encountered extremely high slippage (~99.9%), resulting in them receiving only about 36,200 USD worth of AAVE. The incident is believed to be related to MEV/trading bots, causing the trader to nearly lose the entire 50 million USD in just a few seconds. Stani Kulechov – the founder of Aave – stated that the interface warned about slippage and requested confirmation, but the user proceeded with the trade anyway. Therefore, this is not a protocol error but a risk due to user behavior. Nevertheless, Aave still commits to reimbursing about 600,000 USD in transaction fees as a goodwill gesture towards those affected.
According to data from DeFiLlama, the total market capitalization of tokenized real-world assets (RWA) on the blockchain has reached $22 billion, the highest ever.
Notably, over 80% of the value comes from tokenized financial assets such as bonds, gold, and commodities, indicating that the trend of bringing traditional assets onto the blockchain is accelerating. 🚀
🔴 Trump: “Iran is being defeated” President Donald Trump stated that the U.S. military campaign is striking hard at Iran: 🔹 80% of Iran's missile bases have been destroyed 🔹 46–51 Iranian warships have been eliminated 🔹 UAV capability has decreased by about 83% 🔹 The U.S. is attacking drone production facilities Trump asserted: “We will not stop until Iran is completely defeated.” He also warned that the U.S. could target the power grid if the conflict escalates. ⚠️ The U.S. is ready to escort ships through the Strait of Hormuz if oil supply is threatened. 📊 The market reacted immediately: • West Texas Intermediate oil fell to about 85.5 USD/barrel • Gold rose slightly due to safe-haven demand 👉 Those who hoarded oil are now crying in distress. 🛢️📉
🙇Gold and silver are on sale for those who didn't have a chance to buy gifts for their wives or loved ones yesterday, here's another opportunity to purchase.
🧏 If you had bought OIL 8 days ago, you would have made a profit higher than all the people holding ETH in the past 6 years. Unfortunately, OIL is up to 111 dollars, but I didn't buy any? How about you?
🇺🇸 American Bitcoin surpasses the mark of 6,500 BTC According to Eric Trump, American Bitcoin has accumulated over 6,500 BTC, with more than 500 BTC purchased in the last 21 days. Currently, ABTC is the 17th largest publicly listed Bitcoin company in the world.
📰 Iran confirms that Supreme Leader Ayatollah Ali Khamenei has passed away. The Iranian government will hold a 40-day national mourning period. The war is still very tense.
🤷Serious negligence: South Korea loses nearly 5 million USD due to exposure of cold wallet seed phrase
The National Tax Service of South Korea (NTS) has lost nearly 4.8 million USD in cryptocurrency after accidentally making the seed phrase of a cold wallet public in a press release. Just a few hours after the image was posted, 4 million tokens were transferred from the wallet.
The incident is seen as a serious warning bell for government agencies when participating in the management of digital assets – an area where even a small mistake in security can lead to millions of USD in losses in a very short time.
🔥New drama on Solana here. DEX Axiom has just been exposed by on-chain detective ZachXBT for signs of insider trading, reaping benefits "not to be taken lightly".
ZachXBT is well-known for tracing wallets, uncovering rug pulls, insiders, and hacks. Once he calls someone out, it usually isn't a small matter.
Solana has another new episode. Stay tuned to see which wallets, which funds, and who is really behind this story. 👀
🥶 Forward Industries is also "holding the bomb" SOL
🔻 The investment portfolio $SOL has an unrealized loss of 1 billion USD (-62.4%). • Balance: 6.91 million $SOL (597 million dollars) • Total investment capital: 1.59 billion USD • Average purchase price: 230 dollars
Well, let's just think: "Not sold means not lost. Not sold means not lost." At this point, who isn't losing, right? Image: DropsTabs