According to the latest report, filed Monday, the platform has recovered about $7 billion in liquid assets so far, with more expected to be recovered, CoinDesk reported. In addition, John J. Ray III, the new CEO who took over from FTX, further investigated the situation of FTX in 2022 in the report, saying that FTX owed customers $8.7 billion after mixing and abusing customer deposits, and executives as early as 2022 The issue began to be concealed in August. At that time, FTX created a fake customer account on the platform for the first time. FTX executives called this fake account the "Korean friend's account", which showed that the executives' "Korean friend" owed the FTX platform $8.9 billion. Executives lied to banks and auditors, executed false documents, and moved FTX Group out of jurisdiction, flying from the U.S. to Hong Kong to the Bahamas in a constant effort to avoid detection of their wrongdoing.

According to the latest report, filed Monday, the platform has recovered about $7 billion in liquid assets so far, with more expected to be recovered, CoinDesk reported. In addition, John J. Ray III, the new CEO who took over from FTX, further investigated the situation of FTX in 2022 in the report, saying that FTX owed customers $8.7 billion after mixing and abusing customer deposits, and executives as early as 2022 The issue began to be concealed in August. At that time, FTX created a fake customer account on the platform for the first time. FTX executives called this fake account the "Korean friend's account", which showed that the executives' "Korean friend" owed the FTX platform $8.9 billion. Executives lied to banks and auditors, executed false documents, and moved FTX Group out of jurisdiction, flying from the U.S. to Hong Kong to the Bahamas in a constant effort to avoid detection of their wrongdoing.

The Odaily Planet Daily News document shows that the current CEO of FTX, John J. Ray III, spent 6.7 hours dealing with matters related to "2.0", which is considered to refer to FTX 2.0 that restarted the exchange. So far, aside from some hypothetical statements, there’s been no evidence of concrete plans to restart the exchange beyond internal sketches, though Ray hasn’t entirely ruled that out. However, industry insiders have expressed doubts about the viability of the plan, as persistent technical flaws, particularly high latency and software bugs, have plagued FTX from the start and led to its financial ruin in 2022. Fixing FTX's trading engine and other flaws would take a lot of work, and one could simply build a new exchange from scratch to avoid the negative repercussions associated with the FTX brand. (CoinDesk) According to previous reports, the FTX User Union cited court documents that the current CEO of FTX, John J. Ray III, has confirmed the FTX 2.0 plan, which includes reviewing the term sheet for the exchange’s restructuring plan, reviewing and finalizing the materials for launching the 2.0 version of the exchange. As well as reviewing the 2.0 bid list, etc.

Odaily Planet Daily News According to J, co-founder of Sanctum, the LST protocol of the Solana ecosystem, a beta version of the Sanctum platform's personal Profile feature is about to be released on X platform. According to the Sanctum official website interface, this feature is a one-stop wallet management and personal social media account linking interface.

According to PANews news on June 27, according to The Block and Bloomberg, FTX debtors released a second investigative report on Monday, detailing the exchange’s mixing and misuse of customer deposits. John J. Ray III, Chief Executive Officer and Chief Restructuring Officer, said in a statement: "From the inception of FTX Exchange, FTX Group has mixed customer deposits and company funds, and under the guidance and design of previous executives Indiscriminate abuse.” According to the report, FTX owes customers approximately $8.7 billion. A third survey report is expected to be published in August 2023. In addition, FTX’s new management team stated that it has made substantial progress in protecting assets and has recovered about $7 billion in liquid assets so far. The report also stated that the vast majority of the deficit (over $6.4 billion) was misappropriated fiat currencies and stablecoins.

According to a report by "Sechuangban Daily" on June 26, Hewlett-Packard (HP) CEO Enrique J. Lores said a few days ago that AI is expected to change the product definition of PCs and bring huge replacement power in the consumer and business markets. , because consumers and professionals can perform AI application computing at the terminal without going through the cloud. He further explained that if small and medium-sized enterprises have sensitive data and are unwilling to put it in the cloud, and need to use AI applications, they can download and use them on terminal devices, which also has advantages in terms of cost and transmission speed. It is expected that in 2024, the CPU and AI processor or GPU will be integrated in the PC.

On May 23, the FTX User Union cited court documents that the current CEO of FTX, John J.Ray III, has confirmed the FTX 2.0 plan, including reviewing and completing the materials for restarting the 2.0 version of the exchange, and reviewing the 2.0 bid list and so on.

PANews reported on May 19 that Canaan, a Bitcoin mining machine manufacturer, released the Avalon immersion cooling mining machine A1366I. The miner is capable of delivering up to 165 TH/s hashrate with a power efficiency of 30J/TH. The A1366I's electrical components are submerged in a special dielectric fluid that carries heat away from the circuit board.

Jinse Finance reported that Canaan tweeted that we are launching a new product, the AvalonMade A1366I immersion cooling mining machine, which has a hash rate of 165TH/s±5% and a power efficiency of 30J/T±5%.

Odaily Planet Daily News Bitcoin mining machine manufacturer MicroBT released three new mining machines at the Miami Bitcoin Conference: WhatsMiner M53S++, M50S++, M56S++. Among them, WhatsMiner M53S++ can provide a computing power of 320 TH/s with an efficiency of 22J/T; M50S++ is designed for air cooling with a computing power of 150 TH/s and an efficiency of 22J/T; M56S++ is designed for immersion cooling with a computing power of 22J/T; The force is 230 TH/s and the efficiency is 22J/T. (CoinDesk)

Former U.S. President Donald J. J. Trump was convicted of at least one felony in a criminal case allegedly paying hush money to a porn star on the eve of the 2016 election. He is the first U.S. president to be declared a felon, a stain that will accompany him in his quest for re-election. Prosecutors at the trial described Mr. Trump as defrauding the American people on 34 counts of falsifying business records, arguing that he had concealed information from his predecessor, the problem-solver, Michael Brown. The true use of the money paid by D. Cohen. Protocol to the records, records disguised the payments as ordinary legal fees, when in fact Mr. Trump was repaying Cohen for a $130,000 hush money agreement with porn star Stormy Daniels to block her claims about sexual relations with Mr. Trump.

According to a report by Foresight News on May 18, FTX under the leadership of current FTX CEO John J. Ray III (which controls and includes West Realm Shires and hedge fund Alameda Research in the United States) has sued FTX founder SBF and FTX former director of engineering Nishad Singh and Gary Wang, co-founders of FTX, demanded that FTX shares be withdrawn.

According to a Wall Street Journal report on June 28, FTX CEO John J. Ray III said that negotiations have begun with interested parties to restart the FTX.com exchange. FTX has been in talks with investors to support a possible restart of FTX.com through structures such as joint ventures, the people said. Additionally, FTX may be rebranded as part of the restart. The talks include possible compensation to some existing customers, possibly by offering them a stake in the restructured entity, the people said. It is reported that blockchain technology company Figure has expressed interest in helping to restart FTX.

According to PANews news on June 28, according to the "Bangkok Post" report, Thai real estate investment company Avantis announced the completion of 100 million baht (approximately US$2.83 million) Series A financing, led by J Ventures Company Limited (JVC) and Rende Development Company Limtied. Avantis said that the new funds will push the company to launch a digital asset tokenization platform called "SANGA," which will facilitate the issuance of digital land ownership contracts by converting them into virtual plots or NFTs. It will expand to the field of digital banking and is expected to be launched in the next 1 to 2 years.

On June 28th, Avantis, a digital asset tokenization platform for land ownership in Thailand, announced the completion of a 100 million baht (approximately US$2.83 million) Series A financing led by J Ventures Company Limited (JVC) and Rende Development Company Limtied. Avantis said that the new funds will push the company to launch a digital asset tokenization platform called SANGA, which will facilitate the issuance of digital land ownership contracts by converting them into virtual plots or NFTs, and SANGA will expand in the future. In the field of digital banking, it is expected to start in the next 1-2 years.