News linked to both this project and an event.
Bybit's Dual-Currency Investment Bi-Weekly Challenge went live at 6 PM on June 15 and will last for two weeks.After registering for the event, users who trade Bybit's dual-currency investment products can climb the dual-currency trading leaderboard to win exciting rewards. When a participant's trading volume surpasses the "whale threshold," it can trigger a "bonus reward." The maximum reward is 2,500 USDT, with the top 100 participants sharing a pool of 12,940 USDT. New users will also receive an exclusive reward of 100 USDT worth of dual-currency investment trial funds.
according to on-chain analyst Ember's monitoring, a whale who recently shorted ETH has continued to short an additional 9,000 ETH after ETH's rebound. The whale borrowed 9,000 ETH from Aave, transferred them to Binance, and then withdrew 16.37 million USDT. The whale is currently shorting 44,000 ETH, worth $78.89 million, at an average short price of $1,702, with an unrealized loss of $3.08 million.
Bitget Launches the “Dragon Boat Racing” Futures Trading Competition from June 15 to June 22, with a total prize pool of $30,800 USDT. The first 2,000 users who complete the designated trading tasks will receive early-bird USDT rewards on a first-come, first-served basis. During the event, all users are ranked based on their total futures trading volume; the top-performing individual can win up to $4,000 USDT. New users are also eligible for an additional leaderboard, with a maximum reward of $1,600 USDT per user. Additionally, users can unlock extra cash rewards by inviting friends to complete tasks such as registration, depositing funds, and executing futures trades. Full event rules are available on the official Bitget platform. Eligible users must click “Join Now” to complete registration before participating in the event.
According to on-chain analytics platform Lookonchain (@lookonchain), a SIREN whale sold 670 million SIREN tokens—92% of the total supply—within just two days, causing the price to plunge over 90% and realizing $64.8 million in USDT. Of this amount, $25.7 million in USDT has already been deposited into Bitget and Bybit exchanges, while the remaining $39.1 million in USDT is still held on-chain, suggesting the sell-off may not yet be complete.
according to on-chain analyst Yu Jin's monitoring, over the past 2 days, 680 million SIREN (94% of the total supply) have been “splintered into smaller pieces” by the SIREN whale. This sell-off caused SIREN's price to drop from $1.3 to $0.05, a decline of 96%, netting approximately 64.8 million USDT.In terms of capital flow, approximately 200 million SIREN flowed into centralized exchanges (CEX) such as Binance, Gate, and KuCoin. The majority of the remaining tokens, after the price was driven below $0.1, were bought on-chain by hundreds of addresses, with each address purchasing an average of several hundred thousand SIREN (ranging from thousands to tens of thousands of US dollars in value).The SIREN whale address currently holds approximately 39.1 million USDT on-chain.
Odaily reports, according to on-chain analyst Ai Yi's monitoring, a whale withdrew 45.495 million USDT from Binance 3.5 hours ago, subsequently staked it into Aave, borrowed 10,000 ETH (worth approximately $17.25 million), and shorted it. Currently, this whale has staked a total of $156 million in stablecoins, borrowed 35,388.4 ETH, with an average sell price of $1,682.14. The position is currently at an unrealized loss of $1.098 million. Liquidation will be triggered if the ETH price rises to $3,453.36.
According to on-chain analyst Yu Jin (@EmberCN), the attacker responsible for the March THE liquidation event on the Venus platform sold 1,912 ETH for $3.26 million one hour ago to repay part of their loan on Aave. That loan was originally taken out by collateralizing ETH and was used to manipulate the Venus liquidations. The attacker’s address still has $6.78 million in USDT outstanding on Aave.
According to monitoring by on-chain analyst Yu Jin, from 10:00 AM yesterday to 12:00 AM midnight, the SIREN holder sold approximately 201 million SIREN on-chain over 14 hours, exchanging them for about 27.7 million USDT. Of this, 24.8 million USDT was transferred to Bitget and Bybit. Their on-chain SIREN holdings have dropped from 94% (682 million tokens) of the total supply to the current 66% (480 million tokens).
according to on-chain analyst Yu Jin's monitoring, since 10:00 AM, a SIREN whale has sold approximately 118 million SIREN tokens in exchange for 18 million USDT, causing SIREN to drop by 70%. Over the past 2 hours, they have transferred about 15 million USDT of that amount to Bitget.
Bybit Spot has officially listed xStocks tokenized stock SPCXX on June 13 (UTC+8). The platform simultaneously launched a 200,000 USDT Token Splash trading competition, where users can participate through deposits, trading, and other activities to win substantial rewards.
According to on-chain investigator ZachXBT, on June 11, the TRON chain address TA6YHq...zCoQ received 120.2 million USDT and subsequently initiated multiple rapid transfers: over $12 million was sent to KuCoin’s deposit address; approximately $8 million was transferred to several instant-exchange platforms; and more than $8 million was bridged to the Bitcoin and Ethereum networks via the Near Intents cross-chain bridge. Additionally, this address placed a large number of Monero (XMR) buy orders, causing XMR’s price to spike briefly from $330 to $420. Minutes ago, Tether blacklisted and froze 72 million USDT in the address TBzrPE...Ak9W, which is directly linked to TA6YHq.
It is reported that Bybit recently launched a new category of contracts: USDT Event Settlement Contracts, which are based on the outcomes of sports events. Users can trade these contracts in real time before and during matches, with automatic settlement after the event concludes. Product Features: - Contract prices are benchmarked at 10, reflecting the market’s real-time expectations for the home or away team’s victory: prices above 10 indicate bullish sentiment toward the home team; prices below 10 indicate bullish sentiment toward the away team. - Settlement price formula: 10 + (home team goals − away team goals). Only goals scored during the official 90-minute match duration count; goals scored during extra time or penalty shootouts are excluded. - Settlement occurs 130 minutes after the scheduled match kickoff. A “close-only” mode is activated during the final 20 minutes prior to settlement. - Maximum leverage supported is 5x; minimum initial margin is 10 USDT. According to comprehensive reports, the first batch of contracts will be rolled out progressively aligned with the 2026 FIFA World Cup schedule. Exact listing times for individual trading pairs will be announced officially by the platform.
WEEX Exchange has launched the large-scale themed trading reward campaign “World Cup × Monopoly: Participate and Win $1 Million in USDT,” which runs until 23:59:59 (UTC+8) on July 20, covering the entire World Cup season. The campaign features low participation thresholds and highly engaging interactive gameplay: users can earn dice by completing tasks such as registration, depositing funds, trading futures and spot assets, consuming dice, and inviting friends to join. After rolling the dice, users advance across the game board according to the number shown; landing on specific squares entitles them to rewards including BTC, ETH, and USDT. Rolling dice to advance on the board and completing weekly trading tasks both accumulate points. Reaching designated point thresholds unlocks milestone rewards such as USDT, WXT tokens, fee discounts, and trial funds. Additionally, users can spend points to interact with World Cup matches—cheering for their favorite teams—and leverage small investments to earn even more points.
According to on-chain security platform Blockaid (@blockaid_), the MILC Platform cross-chain bridge suffered a private key leak on both the BNB Chain and Ethereum networks. The attacker exploited a historical bridge administrator wallet to grant the DEFAULT_ADMIN_ROLE and MANAGER_ROLE permissions to the attacker’s address. Subsequently, assets were withdrawn from the bridge contract, and administrative control was transferred to the attacker’s wallet. Confirmed losses currently stand at approximately $97,003 USDT (on BNB Chain) and approximately 39.21 ETH (on Ethereum, transferred out via Rhino.fi), totaling roughly $161,000.
the U.S. Department of Justice stated in a press release that a 47-year-old resident of Newcastle, Washington, Geoffrey K. Auyeung, has been sentenced to 5 years in prison for conspiracy to commit money laundering.Geoffrey K. Auyeung assisted overseas scammers in transferring nearly $100 million in investment fraud proceeds through bank accounts and cryptocurrency exchanges. The scammers deceived victims into investing in the oil and gas industry, luring them to transfer funds into so-called escrow accounts. To facilitate this, Geoffrey K. Auyeung established at least nine entities to receive funds, which were then transferred overseas or exchanged for cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC via exchanges like Gemini, Coinbase, and BitStamp. Most of these cryptocurrencies were subsequently sent to Binance accounts controlled by individuals in Nigeria and Russia.Geoffrey K. Auyeung opened at least 81 bank accounts across 24 financial institutions and 19 accounts across 8 cryptocurrency exchanges, receiving a total of $97.1 million in wire transfers and deposits. Through his involvement in the scheme, he earned at least $4 million in commissions and received an additional $400,000 in commissions through accounts under his wife's name between August 2024 and December 2025. Auyeung pleaded guilty in February of this year. He will forfeit approximately $2.3 million seized from bank accounts and his home, an Audi SQ8, and has agreed to forfeit approximately $7.1 million worth of cryptocurrency. (The Block)
According to on-chain analyst Onchain Lens (@OnchainLens), a whale has been continuously depositing USDC and USDT into Aave V3 to short ETH, having deposited a total of $132.16 million worth of USDC and USDT. The whale then borrowed 35,001 ETH and transferred them to Binance for sale.
WEEX Exchange has launched a gold futures trading contest. During the event period (June 8–18), new users who deposit ≥100 USDT and achieve spot trading volume of ≥50 USDT in XAUT/PAXG are eligible to receive a 7-day annualized interest rate bonus coupon of +10% on XAUT/PAXG, plus a $10 USDT trial fund. Both new and existing users trading XAUT/PAXG futures contracts can earn up to $200 USDT in trial funds per person.
Bitget has launched a new futures trading campaign, running from June 8 to June 15. During the campaign, new users can earn rewards ranging from 3 to 10 USDT by completing onboarding tasks—including KYC verification, first deposit, and placing their first futures trade. Additional tiered rewards become available once users meet specific futures trading volume thresholds, with a maximum individual reward of 598 USDT.
According to Onchain Lens monitoring, a whale deposited 34.74 million USDT into Aave V3, borrowed 9,000 ETH worth $14.7 million, and deposited it into Binance, apparently to short ETH.
On-chain investigator ZachXBT stated that JuCoin, an East Asian centralized exchange, has recently been reported by multiple users to have experienced abnormal withdrawal issues over the past week. Analysis indicates that in its Proof of Reserves published on X, JuCoin self-reported total reserves of approximately $511 million—most of which consist of USDC and USDT issued on its proprietary blockchain, JuChain—leaving the actual backing unclear.