The SEC has filed lawsuits against several major crypto companies and platforms. Consensys is the primary target of this lawsuit. Consensys is being sued because #MetaMask , their software wallet, is accused of offering unregistered broker services. Additionally, the direct staking feature through the Metamask wallet is also targeted in the lawsuit.

Besides Consensys, DeFi platforms like Lido and Rocket Pool are also being sued by the SEC for providing staking services.

21Shares has become the second financial institution to file for a $SOL Spot ETF with the SEC.

The US government is seen transferring more seized Bitcoin to an external wallet. This time, the amount transferred is not large, only about 11.84 $BTC or approximately US$726K. However, this transaction is speculated to be a test transaction before transferring a much larger amount.

Coinbase has filed a lawsuit against the SEC and FDIC on Thursday (June 25). The lawsuit claims that the SEC and FDIC have not been transparent regarding crypto regulation disclosures. #news_update #newsdaily

Although the amount is not large, the Bitcoin Spot ETF has recorded positive net flow for three consecutive days, breaking a two-week streak of negative net flows. Today, the Bitcoin Spot ETF recorded a net flow of +US$11.8 million.$BTC #NewsBitcoin

Mountain Protocol, a yield-bearing stablecoin from the Manta network, announced it will use BlackRock’s BUIDL as one of the reserves or underlying assets for their stablecoin $USDM. This is not news of BlackRock’s endorsement of Manta Network as widely discussed. $MANTA $BTC #Blackrock

Radiant Capital announced they are in the final stages of their V3 upgrade. Additionally, Radiant Capital will launch their DApps on the Base network. #newsdaily #news $BTC $ETH $SOL

@MantaNetwork X Blackrock

It's confirmed! $MANTA Network has just announced its partnership with Blackrock's "BUIDL Fund".

This partnership was realized through the launch of Manta Pacific's stable coin via the Mountain Protocol.

This collaboration is similar to ONDO, as it is handled by Blackrock's subsidiary "BUIDL Fund," which focuses on the blockchain and crypto world.

This partnership with Blackrock is very important for Manta because it provides additional credibility and resources for Manta Network.

However, don't get too euphoric just yet; this partnership with Blackrock will not make the MANTA price skyrocket immediately.

Especially for Layer 2 tokens, it can take a very long time to see a 3x increase.

This partnership is indeed good news for MANTA, but on a long-term scale.

VanEck Files for First Solana ETF
VanEck has just filed an application for the first $SOL ETF in the US with the SEC.

VanEck sees impressive development in $SOL and praises the @Solana Official

VanEck has even referred to $SOL as a commodity. #news

@ListaDAO is an open-source liquidity protocol enabling users to borrow decentralized stablecoin lisUSD by collateralizing assets like BNB, ETH, and others. Operating with lisUSD as the stablecoin and $LISTA as the governance token, it offers robust features:

Key Features and Benefits:

Asset Collateralization: Users can lock assets to borrow lisUSD and withdraw collateral post-repayment.
Yield Farming: Earn rewards via liquidity provision and staking.
Instant Conversion: Swap assets with lisUSD seamlessly.
Flexible DeFi Ecosystem: Supports BNB collateral, lisUSD borrowing, and farming.
Advantages and Security:

Security Focus: Rigorous audits and independent validator node management.
User-Centric Interface: Intuitive UI for enhanced accessibility.
Lucrative Yield: Mint lisUSD, participate in slisBNB for attractive yields.
Cost Efficiency: Low to zero fees for lisUSD borrowing.
Destablecoin vs Stablecoin:

Destablecoin: Uses decentralized crypto assets, allowing price fluctuations.
Stablecoin: Backed by fiat or centralized assets, targeting stable value.
$LISTA Token Overview:

Utility and Distribution: Earned through deposits, staking, trading, governance.
Distribution Breakdown: Community 40%, Investors 19%, Airdrop 10%, Binance Megadrop 10%, Ecosystem 9.5%, DAO Treasury 8%, Team 3.5%.
Features: Governance rights, protocol incentives, voting power, fee participation.
Protocol Assets Overview:

slisBNB: Liquid staking for BNB.
lisUSD: Decentralized stablecoin.
Lista DAO excels as a secure, user-friendly DeFi platform, fostering decentralized governance and active community engagement.
#ListaNewEra

Mt. Gox to Begin Selling Bitcoin in July, Prices Expected to Dump

Mt. Gox, once one of the world's largest cryptocurrency exchanges, announced it will start selling Bitcoin and Bitcoin Cash as part of its repayment plan to creditors in July. This announcement has raised concerns in the market about a potential significant drop in cryptocurrency prices due to the influx of a large amount of Bitcoin into the market.

Coindesk: https://www.coindesk.com/markets/2024/06/24/mt-gox-to-begin-bitcoin-bitcoin-cash-repayments-in-july/