According to Huoxun Finance, Gujarat police have arrested two suspects in connection with a cryptocurrency cybercrime network involving transactions exceeding 226 million rupees, linked to terrorist financing, global drug trafficking, and dark web financial activities. This operation is part of an investigation into terrorist financing; 10 suspects have already been arrested. The newly arrested individuals are accused of using stolen KYC information to open a Binance wallet and receiving 5,000 USDT through tiered trading.

In the past hour, total liquidations across the network reached $22.39 million, with $1.03 million from long positions, with $21.36 million from short positions. BTC liquidation $18.82 million, ETH liquidation $1.95 million.

According to Huoxun Finance, on-chain analyst monitoring shows that a trader's previously opened long position of 2,835.32 BTC has generated a floating profit of $5.881 million. The long position was worth $170 million and the opening price was $60,153.8.

Odaily Planet Daily reports that South Korea's Finance Minister chaired an emergency market assessment meeting. The Finance Minister stated that excessive volatility in the foreign exchange market is undesirable, and the government will not tolerate herding behavior in the market. Regulatory agencies will conduct reviews to identify speculative activities in the foreign exchange market and will impose severe penalties on speculative investments against the Korean won. Furthermore, the Finance Minister stated that any illegal transactions by importers and exporters will be investigated. (Jinshi)

Huoxun Finance reports that Humanity Protocol ($H) has officially launched its staking feature on Humanity Chain. The staking activity features an initial reward pool of 30M $H, with a total estimated value of approximately $28M USD based on recent highs. It is open to long-term ecosystem participants. The activity offers two staking pools: a 6-month pool (10M $H reward) and a 4-year pool (20M $H reward). The initial APR reached a peak of 10658%, and the yield dynamically changes based on participation; please refer to the real-time data on the page for the most accurate information. Users can transfer funds to their Humanity Chain wallets through exchanges that support native $H, or transfer ETH on-chain assets via the official cross-chain bridge. Rewards are distributed according to staking ratio, and users will also be able to share in ecosystem identity verification fee revenue in the future. The launch coincides with a period of rapid growth in H's trading activity. Previously, it recorded high trading volumes on exchanges such as Bithumb and Bybit, and in some scenarios, it directly compares with Worldcoin (WLD). This feature is seen as an important move for the project to improve long-term holding stickiness, accumulate on-chain liquidity, and promote ecosystem construction. It is expected to drive H from trading activity to on-chain ecosystem accumulation.