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Share link:In this post: China will impose up to 34.9% tariffs on EU brandy starting July 2025, but major French cognac brands like Hennessy and Rémy Martin can avoid them by agreeing to minimum price terms. The move follows a year-long investigation, seen as retaliation for EU tariffs on Chinese EVs. Industry leaders prefer the price deal over full tariffs, though some worry it may lead to slight price hikes.
Share link:In this post: The Trump administration is considering export controls on Malaysia and Thailand to prevent chip smuggling. The Commerce Department claimed it would formulate a strategy to replace the AI diffusion rule. Jensen Huang believes there’s no chip diversion.
Share link:In this post: The European Commission has rejected calls from major tech firms to delay its AI Act. It confirmed that the legislation will proceed on its original timeline with no pause or grace period. Provisions for general-purpose AI models begin in August 2025, and high-risk AI obligations will follow in August 2026.
- 01:43Data: Six new addresses possibly associated with Bitmine received ETH worth $427 million from BitGo 8 hours ago.ChainCatcher news, according to monitoring by Lookonchain, 8 hours ago, 6 newly created wallets (possibly related to Bitmine) received 95,789 ETH ($427 millions) from BitGo.
- 01:43Six addresses suspected to be associated with Bitmine received 95,789 ETH from BitGo 8 hours ago.Jinse Finance reported that, according to on-chain analytics platform Lookonchain, 8 hours ago, six newly created wallets (possibly related to Bitmine) received 95,789 ETH ($427 million) from BitGo.
- 01:38Hyperliquid's XPL liquidation manipulator allegedly used two wallets to first take long positions in advance, then pushed up the price to trigger automatic liquidations, profiting $27.5 million.According to Jinse Finance, on-chain analyst Yujin monitored that at around 5:30 AM, the XPL liquidation manipulator on Hyperliquid likely used two wallets to first take long positions in advance, then pumped the price to trigger automatic liquidations, thereby earning up to $27.5 million in profit. The address 0xb9c...01e first used $11 million USDT two days ago to take a long position of 31.75 million XPL on Hyperliquid at an average price of $0.56. Then, at 5:30 AM today, another $5 million USDT was transferred in to push up the XPL price, causing a cascade of liquidations and ultimately triggering automatic closeouts between $1.1 and $1.2. After the position was automatically closed, a profit of $15 million was realized. The address with DeBank username "silentraven" used $9.5 million USDT over the past three days to take a long position of 21.1 million XPL on Hyperliquid at an average price of $0.56. After the liquidation was triggered, the position was automatically closed at an average price of about $1.15, resulting in a profit of $12.5 million.