How popular is Fomo right now? In short: it's the most talked-about on-chain social transaction platform this summer.

A Jefferies-managed fund that previously lent to bankrupt auto parts group First Brands Group now has nearly $500 million of exposure to troubled iron ore trader Radiant World and another entity, making it one of the largest creditors in the second high-profile alleged fraud case. According to Sina Finance, people familiar with the matter said Jefferies Asset Management obtained a freezing order of up to $499 million from the High Court in London last week covering Radiant World, its founder Pankaj Nahar, alleged affiliate Sapphire Minmetals, and its chairman Rakesh Sethi. The exposure is far above previously reported levels and underscores the fund's role as a key source of financing for the two iron ore traders. According to Sina Finance, the private credit fund Point Bonita, part of Jefferies' Leucadia Asset Management unit, was hit again after the First Brands Group collapse, and Jefferies disclosed in October last year that its exposure to the Ohio-based company was $715 million. People familiar with the matter said the trade finance fund began providing financing to Radiant in 2021, and the exposure grew from $35 million to several hundred million dollars over the following four years. They added that after First Brands' bankruptcy, Point Bonita faced large investor redemptions and stopped renewing existing credit lines to the commodities trader, triggering a liquidity crisis at Radiant.

According to the BBC, Russia's Africa Corps helped Nigerien loyalist forces retake Air Base 101 at Diori Hamani International Airport after mutinous soldiers seized the strategic military base in Niamey last Saturday. Russia's ambassador to Niger, Viktor Voropaev, said Moscow's forces helped "repress a mutiny," while analysts said the intervention underscored Niger's growing dependence on Russia for security. The report said Africa Corps, which is directly controlled by Russia's defense ministry, has about 200 to 300 personnel in Niger and has also played a role in repelling an attack at the same airport in January. It added that Russia's support for Niger, Mali and Burkina Faso is tied to protecting allied governments, access to resources such as uranium and gold, and maintaining diplomatic influence, even as insurgent attacks by militants linked to al-Qaeda and Islamic State continue in Niger.

Between 2025 and 2026, the boundary between the traditional securities market and the crypto asset market is undergoing structural changes.

In criminal cases involving virtual currencies, aiding and abetting cybercrime (aiding and abetting cybercrime) is one of the most frequently charged offenses. The core issue in these cases often lies not in the objective acts themselves, since the bank transfer records are generally undisputed.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse 8 AM," issue 3172, providing you with the latest and fastest news on the digital currency and blockchain industry.

OKX, Binance, and Fomo earn 1.2 million a day. Why are the two major exchanges nervous? According to Jinse Finance, Fomo has yet to confirm whether it will issue its own token.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

As the yield differences between different staking products become smaller, what is the real key to success in staking that is worth comparing?

Meme, Robinhood, and Wall Street stocks are becoming the liquidity of Meme: A full analysis of Robinhood Chain's "crypto-stock Meme" - Jinse Finance, where are the opportunities?

Visa's story is not about how a credit card company grew bigger, but about how a payments organization established order between competition and cooperation, and ultimately turned that order into global business infrastructure.

Meme: 64-year-old man tops Fomo charts. The meme legend of "Diamond Hand" Bonkguy. Golden Finance: After several setbacks, he returned to the top with the help of memes.