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Planet Midday News
1. The crypto sector saw widespread gains at the close of U.S. stock markets, with SBET up 5.36%; 2. A victim lost over $282 million worth of LTC and BTC in a scam, which was subsequently converted to XMR; 3. The White House is outraged by the actions of Coinbase and is considering withdrawing its support for the Crypto Market Structure Act;4. A whale deposited $7.9 million in USDC into HyperLiquid and placed buy orders for ETH and ADA; 5. An insider traded RALPH for a 642x return, turning $1,668 into $1.07 million;6. Dr. Tang Bo of the Hong Kong University of Science and Technology: Gold tokens can generate interest on-chain, unlike traditional gold ETFs; 7. WeLab completes a $220 million Series D strategic financing round led by HSBC; 8. The U.S. Solana spot ETF saw total net outflows of $2.22 million in a single day;9. U.S. XRP spot ETF sees total net inflows of $1.12 million in a single day.
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