Summary of Major Updates for the Afternoon of July 7
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7:00 (UTC+8) - 12:00 (UTC+8) Keywords: YGG, Strategy, South Korea1. The former Chief Investment Officer of Tether plans to sell part of his Tether shares;2. A US judge reopens the fraud lawsuit against Barry Silbert and DCG;3. YGG's Web3 game publishing division will close on August 1;4. The Financial Supervisory Service of South Korea again warns about the risks of excessive "leveraged investment";5. Japan's auction of 30-year government bonds sees the highest bid-to-cover ratio since 2019;6. The New York State Supreme Court's amicus curiae opposes classifying Satoshi Nakamoto's Bitcoin as "unclaimed property";7. Grayscale's Head of Research: Strategy's sale of BTC based on US dollar reserve demand may help establish a more solid bottom.
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