Tether has partnered with Uquid to launch the "1 USDT" store, which offers a variety of products priced below 1 USDT, including digital and physical goods, which can be accessed through the website or Telegram.
BNB Chain launches the "Meme Heroes" program, allocating $900,000 to support the Meme Coin ecosystem to accelerate innovation on BNB Smart Chain.
Despite the panic in the market, net inflows into Bitcoin's largest wallets reached their highest level since the end of May, with whale holders increasing their holdings by 7,130 bitcoins worth approximately $436 million in one day.
Aave founder Stani Kulechov announced that the first Aave market customized for Lido will be launched soon, emphasizing that the flexibility of Aave V3 can meet the specific needs of different risk preferences, and looks forward to the development of more customized markets.
ENSO, a chain abstraction intent engine reported by Golden Finance, has completed a $4.2 million financing round led by Ideo Ventures and Hypersphere. The funds will be used to launch a Cosmos-based L1 blockchain and continued product development.
Colosseum, a Solana-focused startup accelerator, has successfully raised $60 million. The oversubscribed fund will focus on pre-seed investments in Solana hackathon winners to drive crypto innovation and company formation.
The Solana Foundation has launched "Actions" and "blinks" tools, which aim to make it easy for any website or application to conduct on-chain cryptocurrency transactions and promote the mainstreaming of the crypto economy.
Provenance Blockchain's financial services application RWA TVL has exceeded US$13 billion, supporting loan and securitization transactions exceeding US$30 billion, and established ProvLabs to provide operational capabilities for the financial and DeFi fields.
VanEck filed a Form 8-A for a spot Ethereum ETF, which could foreshadow further news on July 2, though the outcome remains uncertain.
The prices of Bitcoin and Ethereum broke through US$62,000 and US$3,400 respectively, with intraday increases of 1.96% and 3.82% respectively.
Moonshot is a token issuance trading platform launched by DEX Screener that allows users to create Solana Meme coins. Currently, more than 7,000 tokens have been created, but only 27 tokens have obtained liquidity pools on Raydium. A few of these tokens have positive price trends. The platform also provides deflation and security by destroying tokens and LP tokens.
Brazil’s largest digital bank, Nubank, plans to integrate the Bitcoin Lightning Network to serve approximately 100 million customers.
Ethereum is currently experiencing a supply glut as supply has increased since mid-April, with base fees falling to a two-year low, despite post-merger destruction exceeding issuance, a surge in Layer 2 activity and the Dencun update reducing competition for block space.
The Blast Foundation plans to conduct a community airdrop of BLAST tokens on June 26 in multiple time zones around the world.
Binance Web3 revealed malicious behavior of obtaining Megadrop rewards in batches by purchasing KYC, resulting in the banning of 297 main accounts, one of which had as many as 9,000 KYC accounts. Binance promised to continue to crack down on such behavior and ensure that the benefits are returned to real users.
The Blast Foundation plans to conduct an initial airdrop of BLAST tokens at 22:00 on June 26th, Beijing time. The total supply is 100 billion, of which 17 billion will be used for this airdrop. The distribution ratio is 50% for the community, 25.5% for core contributors (including a 4-year lock-up period), 16.5% for investors (same as above), and 8% for the foundation (linearly unlocked over 4 years).
Conduit has completed a $37 million Series A financing round, aiming to simplify on-chain computing and promote cryptocurrency development. It was led by Paradigm and Haun Ventures, and received investments from Bankless Ventures, Coinbase Ventures and others.
The U.S. spot Bitcoin ETF saw a large-scale sell-off on June 25, with Fidelity and Grayscale selling Bitcoin worth approximately $37.83 million and $35.05 million, respectively. The nine ETFs sold a total of approximately $132.54 million worth of Bitcoin.
Conduit successfully completed a $37 million Series A financing round led by Paradigm and Haun Ventures, aiming to promote the development of Ethereum's Rollup architecture. The total value of its Rollup is locked in more than $1.2 billion and it processes 20% of transactions on Ethereum.
U.S. Senator Ted Cruz spoke positively of Bitcoin and supported the development of Bitcoin mining in Texas, while revealing that he owns and operates three mining machines.
Ripple President Monica Long revealed that the upcoming stablecoin will serve as a complement to XRP.
FTX's bankruptcy reorganization plan has caused heated debate in the Delaware Bankruptcy Court. Lawyers and creditors have discussed the disclosure statement. FTX proposed to pay at least 118% of the claim amount to 98% of creditors, while some creditors hope to be paid in cryptocurrencies. After the judge approves the plan, creditors will vote. The confirmation hearing and the next hearing will be scheduled for later this year and on July 17 and August 15, respectively.
