Tether announced a strategic transition to prioritize community-driven blockchain support. Tether will stop supporting EOS and Algorand and will stop issuing USDT on EOS and Algorand. The transition will be completed within the next 12 months. https://tether.io/news/tether-announces-strategic-transition-to-prioritize-community-driven-blockchain-support/

According to CoinShares, digital asset investment products saw outflows of $584 million last week, with Bitcoin outflows reaching $630 million, Ethereum outflows reaching $58 million, and multiple asset products inflows reaching $98 million, indicating that investors see weakness in the altcoin market as a buying opportunity.

According to TheBlock, Berachain's liquid staking protocol Infrared has received an investment from Binance Labs. This is Binance Labs' first investment in the Berachain ecosystem. Infrared is creating liquid staking tokens - iBGT and iBERA - for Berachain's governance token BGT and gas token BERA.

According to HC Capital, all new tokens listed on Binance in 2024 have fallen sharply from ATH. AEVO, PORTAL, STRK, SAGA and DYM have fallen by more than 80%, AXL, MANTA, OMNI, PYTH, PIXEL, TNSR and ALT have fallen by more than 70%, AI, BOME, WIF, XAI, JUP, METIS, REZ and ETHFI have fallen by more than 60%.

CoinShares announces the successful sale of its FTX claim. The agreement, signed today and subject to customary closing conditions, will yield a recovery rate of 116% net of broker fees, resulting in a return of £31.32 million on a £26.6 million claim. https://www.prnewswire.com/news-releases/coinshares-announces-successful-sale-of-ftx-claim-302179430.html

Mt. Gox issued an official announcement stating that relevant preparations have been completed and that it will begin repaying creditors in BTC and BCH in early July 2024. To ensure compliance, relevant technical and financial regulatory measures have been implemented. The repayment will be completed with the cryptocurrency exchange to complete the necessary transactions and verifications, and the specific implementation details will take some time to wait.

SlowMist warns that there are many phishing attacks in the TON ecosystem now. Many phishing links (or bots) are spread through groups, using fake airdrops and other methods to hack assets in users' TON wallets, especially Anonymous Telegram Numbers. Many people use it to create Telegram accounts, and if it is stolen, it means that the corresponding Telegram account may also be stolen unless a separate password is enabled.

Asia's weekly TOP10 crypto news: A Taiwanese Individual Faces Charges for Illegal Betting on Elections via Polymarket, HashKey Platform's Token HSK Plans to List in Q3 and Top10 News（0617-0623）
https://wublock.substack.com/p/asias-weekly-top10-crypto-news-jun-e8d?r=jbpop&utm_campaign=post&utm_medium=web&triedRedirect=true

Isabel SHI, the CEO of Bitrace, was invited to Hong Kong Polytechnic University to give a presentation titled "Cryptocurrency in Crime and Money Laundering". She explored why cryptocurrencies are widely used in criminal activities, introduced new types of crimes brought about by blockchain technology, such as on-chain hacking attacks exploiting blockchain contract vulnerabilities, and hash-based online gambling. Read more

According to Scam Sniffer, 5 hours ago, a user lost $11 million worth of aEthMKR and Pendle USDe tokens because he signed multiple Permit phishing signatures. Victim address: 0xfb...accfa, scammer address: 0x73...bb96. Arkham shows that the victim: 0xfb...accfa is a MakerDAO governance delegate.

Crypto portfolio tracking app CoinStats said that some iOS users received scam notifications and it is experiencing a security incident that affects wallets created directly in CoinStats. 1.3% of CoinStats wallets are affected, a total of 1,590 wallets, please use the exported private key to transfer funds immediately.

According to IntoTheBlock, Bitcoin miners have sold more than 30,000 BTC (about $2 billion) since June, the fastest in more than a year. It is possible that the recent halving has led to a decline in profits, triggering the sell-off. QCP also said that Miner BTC holdings have dropped to the lowest level in the past 14 years.

A wallet withdrew 1,069 ETH from Binance, and then bid for 93 Pudgy Penguins at the BendDAO auction at a price of 8.8 ETH, which is now worth about 910.47 ETH, or about $3.188 million. It is suspected that a whale or fund is saving BendDAO's bad debts. Pudgy Penguins has now returned to above 9 ETH. H/T: @CirrusNFT
https://t.co/vJY4d5oomE

Marathon Digital Holdings, one of the largest Bitcoin mining companies, has announced a new 2 MW pilot project to use heat generated by Bitcoin mining operations for the first time to heat a community of 11,000 residents in Finland. The project centers on heating water at a centralized location and distributing it through underground pipes to serve the local area.

Binance Web3 wallet: Regarding airdrop hunters targeting and exploiting Binance Megadrop, we've implemented certain risk controls to prevent such accounts from participating. These measures will also be further strengthened in the upcoming Megadrop seasons to reduce the possibility of exploitations.