Kanav Kariya, President of Jump Crypto, announced his resignation, ending his six-year career at Jump Trading. Kanav Kariya stated that he will continue to stay in touch with the investment portfolio companies he is involved with and plans to use this time to address some events that have occurred in the past few years.
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According to monitoring by Yu Jin, a whale transferred 10.879 trillion SHIB (18.34 million USD) to Binance one hour ago. Tracing back, it can be found that these SHIB were taken out by the whale from Binance at an average price of about $0.0000094 during the market bottom in November-December last year. Although the price of SHIB has dropped from its high point of $0.0000456 in March to $0.0000167 now, the whale still has a profit of $8.12 million (+79%).
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According to the data disclosed by SolanaFloor, the total transaction amount of DEX on the Solana chain has exceeded 400 billion US dollars, with a total number of trading users exceeding 20 million, and the trading volume of Swap is about 1.59 billion transactions.
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A $FAR wallet belonging to Farcana, a chain game studio headquartered in the United Arab Emirates, was hacked. The team is working hard to solve the vulnerability and ensure the safety of user assets. Until the issue is resolved, all $FAR deposits on centralized exchanges (CEX) have been frozen. Please avoid any transactions involving $FAR. Additionally, as a result of this incident, the $FAR price plummeted by 53.6%.
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The Bitcoin Layer2 project BEVM stated on social media that the number of participating addresses in BVB has exceeded 200,000.
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Ripple CEO Brad Garlinghouse recently clarified the recent court ruling on the Ripple securities lawsuit. US Northern District of California Judge Phyllis J. Hamilton made a summary judgment on federal and state class action claims, but under California law, refused to make summary judgments on individual claims.
Garlinghouse further clarified: "There are many misleading and some factually inaccurate headlines describing the decision made by a California judge yesterday on the class action lawsuit regarding XRP. It is accurate to say that this is a huge win...there is absolutely no decision that negates or changes the fact that XRP itself is not a security (according to the decision of the New York court)." He emphasized that "all class action lawsuits in the lawsuit have been dismissed," and that the California court's "ruling dismissed all allegations that Ripple's sale of XRP violated federal securities laws."
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On June 22nd, Hex Trust, an institutional asset custodian, announced on Ondo that it has supported the custody of USDY and OUSG.
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Tether CEO Paolo Ardoino wrote on X platform that according to Lookonchain monitoring data, the 24-hour trading volume of USDT on the Tron network reached 53 billion US dollars, surpassing the daily average transaction volume of payment giant Visa of 42 billion US dollars.
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According to an official announcement, BRC-100 founder Mikael.btc released the first DeFi protocol on Runes yesterday, and the RSM asset casting ratio of the protocol has exceeded 75%. It is worth noting that casting RSM on the official website rsm.network will receive additional points and airdrops, and the address will be marked. In addition, 100Swap has announced its support for RSM and will become the first Uniswap on Runes.
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Ophelia Snyder, co-founder and president of 21.co, stated that expectations for new altcoin ETFs should not be too high. The approval of an Ethereum ETF is unlikely to trigger a wave of approval for altcoin ETFs such as SOL. However, Ophelia Snyder revealed that the European market has a strong interest in Solana exchange-traded products (ETPs), and the related products under its management currently have an asset management scale of 990 million US dollars.
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Over Protocol tweeted that they are currently discussing witch detection with some new exchanges, which has caused transaction times to be delayed. They will release a witch detection announcement next week.
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DefiLlama data shows that the total market value of stablecoins has increased by 0.45% in the past week, reaching 162.078 billion US dollars. In addition, the market value of USDe has increased by 7.36% in the past week, reaching 3.52 billion US dollars.
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Bloomberg reports that the returns on stocks and bonds this quarter have surpassed those of Bitcoin, potentially dampening the cryptocurrency hype. Global benchmarks for stocks, fixed income, and commodities have all outperformed the largest digital asset, with digital assets falling about 5% from early April to 1:15 p.m. Singapore time on Friday. Gold has also shown a clear advantage over tokens. Noelle Acheson suggests that Bitcoin miners selling off Bitcoin to cope with tougher conditions may be another reason for Bitcoin's recent lackluster performance. Miners receive Bitcoin as a reward for operating powerful computers that support digital ledgers. The reward is halved every four years, and the latest halving in April of this year has brought a more challenging environment for mining businesses.
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According to OKX Web3 wallet data, Mingwen Pizza has broken through 7 USDT with a 24-hour increase of 21.63%.
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According to information on the Tiger Securities official website, all virtual asset transactions under the username are completed through the licensed virtual asset trading platform operator Hash Blockchain Limited. Currently, professional investors can trade 18 kinds of virtual assets, while retail investors can only buy and sell Bitcoin and Ethereum. It is reported that Tiger Securities charges a commission of 0.2% for virtual asset transactions and claims "no other hidden fees", and does not charge any fees for withdrawing funds, but some banks may charge handling fees for withdrawing funds; currently, only purchases of virtual assets in US dollars are supported, with a minimum transaction amount of 10 US dollars.
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The launch of ZKsync (ZK) on the Binance platform has been delayed again. It will be further postponed to June 17, 2024 at 18:00.
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