6.14 Crypto Morning Report

1. He Yi: Binance has management measures for zombie coins and will regularly review the tokens that have been launched

2. Manta Foundation launched an ecological fund of US$50 million, which is now open for application; NEAR Foundation established Nuffle Labs and received US$13 million in funding

3. Jupiter founder: The core problem of Ethereum at present is that a large amount of capital and incentives are tilted towards the creation of L2/3/4

4. Yesterday, the US spot Bitcoin ETF had a net inflow of US$101 million; the US government, miners and other major entities held a total of about 4.23 million BTC, accounting for 27% of the total adjusted circulation supply of BTC

5. Biden's campaign team is negotiating to accept cryptocurrency donations through Coinbase Commerce

6. The Federal Reserve has maintained the benchmark interest rate unchanged at 5.25%-5.50% for the seventh consecutive time, in line with market expectations; the US PPI annual rate in May was 2.2%, expected to be 2.50%, further confirming inflationary pressure

7. Sui announced the official launch of the native cross-chain bridge Sui on the test network Bridge

8. Chain game Illuvium loyalty airdrop rewards are now online

9. Digital identity solution Polygon ID has been separated from Polygon Labs and renamed Privado ID

10. Milady founder's pre-sale Meme coin CULT has been sold out, raising a total of 5861.8 ETH

11. Curve founder's CRV lending position has accumulated liquidation of $140 million in $CRV; 6 million USDT were withdrawn from Binance to extend the liquidation time

12. Eigen Labs announced the acquisition of the liquidity re-staking network Rio Network

13. Blast announced the fifth phase of "Gold Points" distribution details

14. Ripple will use Axelar as the bridge protocol for the EVM side chain

15. ether.fi: Season 2 has 18 days left, and airdrop rewards will be distributed linearly

16. YOLO GAMES has issued the first season airdrop rewards

17. Terraform Labs agreed to pay a $4.47 billion fine to the US SEC

18. Binance Cooperated with the Macau Judicial Police to carry out the first on-site law enforcement training

19. Crypto exchange BITAI announced the completion of a $20 million seed round of financing, with participation from Jump Crypto and others

20. Token distribution protocol Layer3 completed a $15 million Series A financing, with participation from Electric Capital and others

21. AI Layer2 project Optopia.ai completed a seed round of financing, with participation from G·Ventures and Kucoin Ventures and others

It’s been hard to play recently, I can only stay in the spot market and try to deleverage the contracts! Good luck to all coin friends!