Chorus One co-founder & CTO Meher Roy has passed away after a long battle with leukemia. Chorus One CEO Brian Fabian Crain shared the sad news. Meher was a vital part of Chorus One for nearly 8 years. Our deepest condolences to his family, friends, and colleagues.
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Cyprus regulator CySEC fined Trek Labs Europe (former FTX EU) €200k for regulatory violations found in 2022 (governance, client checks). FTX EU's license was suspended following the FTX Group bankruptcy in Nov 2022.
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US Dems introduce the COIN Act, led by Sen. Schiff. It bans presidents & officials from endorsing crypto from 180 days pre-term to 2 yrs post-term. Follows reports on income tied to Trump family/crypto. Targets stablecoins & expands disclosure. Passage uncertain. #crypto #politics #COINAct
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Big news: Circle stock is now the largest component in VanEck's MVIS Global Digital Assets Equity Index (MVDAPP)! 📈 It holds a 13% weighting, highlighting Circle's increasing influence in the digital asset economy. #Circle #VanEck #Crypto #Index #DigitalAssets
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Midnight Network reveals NIGHT tokenomics & "Glacier Drop". Token claiming starts July across 8 ecosystems (incl. BTC, ETH). Eligible wallets claim initially; unclaimed tokens via PoW-like mining ("Treasure Hunt"). Snapshot complete, checking open. Tokens unlock over 360 days.
#crypto #blockchain #news #BTC #Bitcoin
Telegram dark market activity persists after the Huione Guarantee seizure tied to a $27B scam. Traders swiftly moved to Tudou Guarantee. On-chain data shows Tudou's users and inflow doubled, recovering rapidly. This highlights illicit markets' quick adaptation. #crypto #darkweb #telegram #scams
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Whale deposits 14M USDC on HyperLiquid. Spent $10.5M to buy 287k HYPE (~$36.56 avg). Reportedly holding a 10x leverage short position on HYPE simultaneously.
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Iranian FM Araghchi says Israel started the conflict, and no ceasefire has been reached. He stated Iran might stop retaliation if Israel ceases aggression before 4 a.m. Tehran time, but a final decision is pending.
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Circle's CRCL stock briefly hit over $77B market cap, topping USDC's $61B & nearing Coinbase's $77.8B. Up 600% since its $31 IPO on June 5. Experts debate "valuation paradox" vs "mainstream capital" entering crypto. #Circle #USDC #Coinbase #Crypto #StockMarket
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Iran: No Ceasefire Agreement Reached with Israel Yet
Iran's Foreign Minister stated that, as of now, no agreement has been reached between Israel and Iran concerning a ceasefire or the cessation of military operations, according to a report by Jinshi.
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South Korean crypto exchanges will implement mandatory withdrawal delays for fiat-to-crypto conversions starting June 24. Announced by DAXA (representing 5 major platforms), the measure aims to combat voice phishing scams by preventing quick conversion of stolen funds into virtual assets. Standardized system enhances security.
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Texas becomes the first US state to *fund* a publicly funded Bitcoin reserve, allocating $10 million under SB 21 & HB 4488. Funds are protected from general revenue. This signals Texas's recognition of digital finance's future. #Texas #Bitcoin
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Ark Invest sold over $110 million worth of Circle stock on June 23. A total of 415,844 shares were offloaded across Ark's ARKK, ARKW, and ARKF funds.
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Whale alert: A wallet (0x109) bought $6M+ in 2k ETH & 11 WBTC (avg $2419/ETH, $105k/WBTC). Now in slight loss.
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Large whale closed BTC/ETH shorts for $3.07M profit at market low today, according to analysis. The whale subsequently bought 6037 spot ETH for $13.88M.
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Big whale move: Address 0x349...7c9d4 bought 6037 ETH ($13.88M) at $2299 ~5 hours ago, reports @ai_9684xtpa. The position now shows ~$690k floating profit.
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Sphinx, an on-chain commodities exchange, secured $2M in pre-seed funding led by Eckhardt Capital! Sphinx offers 24/7 access to futures, options, & perpetuals for oil, natural gas, & energy commodities on its permissioned L1. This funding helps bring digital commodity markets to institutional players. #crypto #commodities #blockchain #funding #tradfi
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Grayscale Space and Time (SXT) Trust Registered in Delaware
According to market reports, the Grayscale Space and Time (SXT) Trust has been registered in Delaware.
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Iranian official calls Trump's Israel/Iran ceasefire statement a "ploy to provoke Iran." An advisor to Parliament Speaker Ghalibaf made the remark on June 24, viewing the statement as a provocation mechanism.
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Former Coral Capital execs plan $100M fundraise via Nasdaq co (Build & Build Corp) to build a BNB reserve. Aims for this month. Expected to be the first listed company with BNB as core reserve. CZ noted BNB isn't directly connected to Binance.
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