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Daily Legal News: Paradigm partner and Blast have differences in marketing strategy; Four dormant addresses for nearly 6 years transferred 403,000 SSV coins to other addresses 16 hours ago.

Read this article in 13 Minutes
Good morning! Here is a summary of important news in the cryptocurrency industry from last night and this morning on November 27th.

Top News:

1. Four dormant addresses for nearly 6 years transferred 403,000 SSV to other addresses 16 hours ago.

2. Coinbase International will launch perpetual futures contracts for ADA, LINK, DOGE, and XLM.

3. UniSat Wallet launches rats and considers using on-chain voting in the future to ensure fairness;

4. Paradigm Partner: There are differences in marketing strategies with Blast, and we will take seriously the responsibilities it should fulfill in the ecosystem.

5. The US Department of Justice responds to CZ's travel restriction appeal, with prosecutors seeking the maximum statutory sentence of ten years.


Price Observation


USTC 24-hour increase of 154%, now priced at $0.04

On November 27th, according to market data, USTC has increased by 154% in the past 24 hours and is now priced at $0.04. Additionally:

· LUNC 24-hour increase reached 28.6%, with a current price of 0.0001 USD.

· LUNA 24-hour increase reached 16.46%, with a current price of 0.78 USD.


Transaction Tracking


Four dormant addresses transferred 403,000 SSV to other addresses 16 hours ago

On November 27th, according to blockchain data analyst Yu Jin's monitoring, four dormant addresses for nearly 6 years converted a total of 40.39 million CDT (old coins before the 1:100 merger of SSV) into 403,964 SSV (approximately $9.15 million) and transferred them to other addresses 16 hours ago.


黄立成于 20 分钟前再次加仓 116.5 万枚 BLUR

Translation:

Huang Licheng added another 1.165 million BLUR 20 minutes ago

BlockBeats News, November 27th. According to on-chain data analyst Yu Jin's monitoring, Ma Ji Big Brother Huang Licheng spent 315 ETH (650,000 USD) to once again increase his holdings of 1,165,011 BLUR 20 minutes ago. In recent days, Huang Licheng has spent a total of 1.52 million USD to buy 2,728,997 BLUR at an average price of 0.558 USD.


Data: Huang Licheng spent a total of $8.59 million to buy 5.77 million APE, currently floating profit of $2.83 million

On November 26th, according to on-chain analyst Yu Jin's monitoring, the price of APE has recently risen. Huang Licheng's holdings of APE have now broken even and are currently yielding a profit of $2.83 million. It is reported that Huang Licheng continuously bought and pledged APE from August 14th to November 23rd, spending a total of $8.59 million to buy 5.77 million APE at an average cost of $1.49 per coin. If the pledge income of these months is included, the average cost is $1.31 per coin.


Project Updates


The phishing tool kit Inferno Drainer announced permanent discontinuation, stealing nearly 100,000 users and nearly $70 million in funds since February of this year.

On November 27th, according to Cointelegraph, the team behind Inferno Drainer announced in a Telegram group on November 26th that it will be permanently shut down. Inferno Drainer provided users with phishing tools and took a 20% commission from the funds stolen from users. According to the analysis of Web3 anti-fraud platform Scam Sniffer, since February, Inferno Drainer has stolen nearly $70 million from over 100,000 victims.


However, the Inferno Drainer team claimed that the stolen amount was actually more than 80 million US dollars. Blockchain security company CertiK stated that Inferno Drainer is "one of the most destructive phishing toolkits to the community", and although it has been shut down, there are still "many other providers" active, including competitors Pink Drainer and Angel Drainer, the latter of which released an update on November 25 to help users drain attackers' wallets on more blockchains.


KyberSwap retrieved approximately $4.67 million in user funds from a front-running bot.

On November 27th, the KyberSwap team announced that they had contacted the owner of frontrun bots who extracted approximately $5.7 million from the KyberSwap liquidity pool on Polygon and Avalanche. After negotiations, the owner of the frontrun bots agreed to return 90% of the user funds to the designated address 0x8180a5CA4E3B94045e05A9313777955f7518D757 and accept 10% of the bounty as a reward according to the on-chain message description.


According to the announcement, about $4.67 million has been returned to KyberSwap's Polygon deployment address through the following transactions: 813,198.63 dBSGG (approximately $81.32 thousand), 361.92 axl-wstETH (approximately $87.05 thousand), 441.8 WETH (approximately $91.9 thousand), 261.5 wstETH (approximately $62.4 thousand), 711,430.9 WMATIC (approximately $54.78 thousand), 443,011.6 USDT (approximately $44.3 thousand), 385,630.7 USDC (approximately $38.56 thousand), and 65,130 USDT (approximately $6.51 thousand). KyberSwap stated that it will continue to support law enforcement and cybersecurity experts in tracking and recovering the remaining funds for victims of the hack.


LootBot has released version 2, adding OTC portal and AI-enhanced on-chain trading functionality.

On November 26th, the airdrop robot project LootBot announced the launch of its V2 version. LootBot V2 adds four main features, including an airdrop automation terminal, an over-the-counter (OTC) trading portal, an on-chain automated trading terminal, and an AI-driven analysis tool. The OTC trading portal will be open next week, allowing users to trade airdrop allocations before listing or trade any tokens on the OTC portal. The portal is designed specifically for airdrop tokens, and users who did not participate in the airdrop can purchase quotas from luckier wallets, and sellers can even realize profits before the token is listed for trading. All transactions are fully on-chain, secured by LootBot, and conducted in a peer-to-peer manner.


In addition, LootBot has launched a fully automated on-chain trading terminal that provides real-time market data and trend insights, and enhances trading security through AI analysis, such as fraud prevention. Finally, LootBot is working closely with leading AI solution partners to make LootBot more intelligent and provide users with an intuitive operating experience. This backend system will connect more than 50 protocols and more than 7 chains. These new features will be gradually rolled out starting next week.


UniSat Wallet has launched rats and is considering using on-chain voting in the future to ensure fairness.

On November 26th, UniSat Wallet, a Bitcoin Mingwen wallet, announced that due to the discovery of vote manipulation by bots, it has decided to end the asset listing vote for brc20-swap early and only support the rats asset. In order to ensure the fairness and security of future votes, UniSat Wallet is considering improving the voting mechanism and introducing a chain-based voting module called brc20-vote. The platform stated that withdrawal requests in the current system need to match deposits, and supporting all brc20 assets at once may result in many assets being unable to withdraw due to a lack of corresponding deposits. Therefore, UniSat Wallet will invest time in developing and publicly releasing more code to improve the transparency of brc20-swap and support the indexer's transition to a whitelist module. Once successfully transformed into a whitelist module, the platform will quickly and comprehensively support all brc20 assets.








On November 26th, the US Department of Justice responded to CZ's defense team's statement regarding his "brief" sentence and lack of escape motive in the latest court documents. The government explicitly stated that according to the criminal sentencing guidelines, CZ could face a maximum of 18 months in prison, and prosecutors could seek a maximum statutory sentence of ten years. The document mentioned that although CZ has family ties and has not been imprisoned, the punishment he faces will have a significant impact on him. Based on this, the US government believes that the measures proposed to restrict CZ's travel during the guilty plea and sentencing period are reasonable and necessary to ensure that CZ can assume legal responsibility within the United States and reduce his potential escape risk.


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