EIA Refiner Utilization Rate in the U.S. for the week ending July 18

Can the LINE ecosystem become the next TG ecosystem? With the announcement of the mainnet merger between Line and the South Korean public chain Klaytn, this strategic move indicates that Line will actively lay out its plans in the Web3 field. Looking back at the rise of the Telegram ecosystem, it successfully attracted a large number of Web3 projects and users, becoming a bridge for the transition from Web2 to Web3, thanks to its strong user base and mini-program platform. Now, Line also possesses similar development conditions and is expected to give rise to new Web3 phenomenon-level projects in the Asian market, injecting new vitality into this field. The merger between Line and Klaytn will bring technological innovations and governance changes, issuing a unified token and constructing an integrated network across Ethereum and Cosmos. This collaboration not only accelerates the development of Web3 technology but also signifies the deep cooperation among Asian tech giants in the blockchain field, creating more opportunities for the entire industry. Therefore, Li

The New Threat in the Encryption World: The Rise and Dangers of Drainer Software The cryptocurrency sector is facing a new threat - Drainer software. This malicious program is specifically designed to illegally drain cryptocurrency wallets, and its developers provide the service for rent, allowing anyone to pay to use this dangerous tool. This article will explore several representative Drainer software, analyze their operating modes and the harm they cause to users, aiming to raise awareness of phishing threats. Operation mode of Drainer Although there are many types of Drainers, their basic principles are mostly similar - using social engineering techniques, such as forging official announcements or airdrop activities, to lure users into falling for scams. Airdrop Claim Scam Some gangs promote services through Telegram channels, operating under a "scam-as-a-service" model. They provide phishing tools for scammers.

Crypto Weekly Report (6.15-6.22): Geopolitical Risk Escalation Affects Crypto Market Trends This week, the crypto asset market has experienced complex environmental changes. Continued inflow of institutional funds, rising caution in the derivatives market, and a sudden escalation of geopolitical risks have intertwined to affect market trends. Bitcoin fluctuated in the range of 102,000 to 109,000 USD. Over the weekend, there was a brief panic sell-off influenced by the escalating situation in the Middle East, followed by some recovery. The internal structure of the crypto market remains stable, serving as an important factor supporting prices. However, the intensification of geopolitical conflicts has led short-term traders to price Bitcoin downwards. The future trend of Bitcoin will largely depend on the developments in the Middle East situation. If the conflict gradually eases, Bitcoin is likely to return to around $105,000. Policies, macrofinance, and economic data this week

🚨🇺🇸 US TECH FIRM FINED $140M FOR ILLEGAL CHINA EXPORTS Cadence Design Systems sold sensitive chip tools to a Chinese military school tied to nuclear research. The FBI called it a major breach of export laws. "This is a wake-up call. The FBI will never stop

In July, the crypto market overall recovered, thanks to the approval of the Ethereum ETF, with increased on-chain trading activity. The on-chain transaction volumes of Bitcoin and Ethereum rose by 34.7% and 27.7%, respectively. Although miner income has declined and the NFT market remains sluggish, the futures and options markets are active.