Bloomberg previously reported that Musk's AI startup xAI is trying to raise $9.3 billion through debt and equity financing because it burns $1 billion a month. Musk denied this and called the report "nonsense."
Base Chain game launch platform Uptopia announced the completion of a $4 million financing round, led by Pantera Capital, with participation from Spartan, Coinbase Venture, and others. Uptopia stated that the platform is about to go live, aiming to help games increase liquidity on the chain and attract the attention of native game audiences.
TrendX's Web3 distributed computing power platform OwlVerse will officially launch in early July. OwlVerse uses the EggForge forging system as its core mechanism, allowing users to transform existing Eggs into a brand new series, launching a "computing power planet" with autonomous intelligent logic, each planet can freely set token models, lifecycles, and governance structures.
three members of the Bank of America Global Research said in a report that it is time to buy medium-term Japanese government bonds while prices are falling. Participants in the bond market apparently believe that the Bank of Japan may not raise interest rates until October 2025 at the earliest. Bank of Japan Governor Haruhiko Kuroda continues to emphasize the high uncertainty of the Trump administration's tariff policy. In addition, there was no agreement reached at the Japan-US summit. Therefore, it may take some time for the market to start digesting the Bank of Japan's next interest rate hike.
on-chain detective ZachXBT posted an update on the "Iranian encrypted trading platform Nobitex hacked" incident on his personal channel. The current suspicious outflow of funds has increased from the previous $48.65 million to approximately $81.7 million. Fund outflows have been found on Tron, Bitcoin, DOGE Chain, and EVM chains, involving multiple wallets related to the trading platform.
Canadian agricultural company AgriFORCE Growing Systems Ltd. has launched a plan to power 120 Bitcoin mining machines using stranded natural gas, with the company stating plans to further expand the project. The project is located in the city of Beaverlodge in Alberta province, and was launched in partnership with energy supplier BlueFlare Energy. AgriFORCE stated on Tuesday that the site, powered by 425 kilowatts (kW) of electricity, can achieve a computing capacity of 32 petahashes per second (PH/s).
according to @ai_9684xtpa monitoring, Binance Alpha currently has no particularly good targets for volume brushing. Even if the wear is low, there is a risk of coin price fluctuations. Users should pay attention to keeping slippage within 0.01%, enabling MEV protection, and avoiding large single-volume brushing.
in response to the Trump administration's policy of imposing tariffs on "Liberation Day", the three major Chinese Bitcoin mining machine manufacturers Bitmain, Canaan, and MicroBT have set up production lines in the United States, accounting for over 90% of the global mining machine market share. Canaan has already started trial production in the United States, while MicroBT is actively promoting localization strategies. Analysts warn that China's dominance in hardware supply poses a strategic risk to the United States, and US mining companies are pushing to restrict Chinese product imports to balance supply and demand. (Reuters)
Korean exchange Bithumb announced that in order to support the Nervos (CKB) network upgrade, CKB deposit and withdrawal services will be suspended starting from 18:00 on June 30, 2025 (KST) until the network stabilizes. Bithumb's node servers are expected to complete the upgrade by 17:00 on July 1, 2025 (KST). Trading will not be affected during the suspension period.
Hibachi announced the official launch of a decentralized perpetual contract exchange (Perp DEX) focusing on privacy protection. The platform is based on Celestia's modular data availability layer and Succinct's zero-knowledge proof infrastructure, achieving on-chain privacy protection for transaction records, positions, and account balances, aiming to address the privacy issues caused by on-chain transaction transparency from the ground up.It is reported that Hibachi has received investment support from Dragonfly and Electric Capital. Currently, Hibachi has launched core perpetual contract trading functions, and will continue to introduce strategy vaults, native lending markets, multi-asset collateral mechanisms, and spot trading functions to meet users' comprehensive risk management and asset allocation needs. The market currently expects it to possibly launch a native token to further incentivize user participation.The team stated that they will continue to advance product innovation and ecosystem expansion around the three core concepts of "fast execution, privacy protection, and on-chain verifiability."
2025 Lujiazui Forum "Plenary Session II: Enhancing the Coordination of Global Monetary Policies", Zhou Xiaochuan, Vice Chairman of the Twelfth National Committee of the Chinese People's Political Consultative Conference and former Governor of the People's Bank of China, stated that global monetary policies, including macroeconomic policies, were originally independent and did not require coordination, and could not be coordinated. However, since the beginning of this century, global economic cycles and macroeconomic conditions have converged, and the macroeconomic situation of major countries also has an impact on other countries. Major countries holding reserve currencies need to consider global impacts. Currently, there is no institution responsible for coordinating global macroeconomic policies, and it is in a "three noes" state, with no institution, no tools, and no consensus.
Ripple Labs has submitted a supplemental letter in support of its motion for a declaratory judgment in the lawsuit with the U.S. Securities and Exchange Commission (SEC). In the letter to U.S. District Judge Analisa Torres, Ripple further explains why the judge should approve the request for a declaratory judgment from both parties. This latest submission of the letter comes less than a week after the SEC and Ripple resubmitted their motion seeking declaratory judgment from Judge Torres.
Bitget will launch a new PRO mode on July 1st, targeting institutional clients and professional traders with exclusive equity system. Based on the existing VIP system, the PRO mode will provide lower fees, higher API rate limits, more sub-accounts and withdrawal limits, as well as exclusive account managers and other services to comprehensively improve trading efficiency.
Yu Xian, the founder of SlowMist, stated that to verify the situation of WeChat account theft, attackers use leaked account passwords (various leaked data may be found), combined with the frequent contacts of the target users (even just friends or people who have interacted in groups), to obtain a 6-digit verification code to carry out the account theft. Attackers often cast their nets late at night, focusing on scams in the cryptocurrency trading market. It is recommended to be cautious when adding friends on WeChat, change passwords regularly, and pay attention to WeChat's risk alerts for abnormal logins.
Base's Layer3 open game ecosystem B3 officially enters the hardware field, announcing a strategic investment in esports console manufacturer Andromeda Insights, laying out a complete game stack.
Liu Peng, CEO of JD Coin Chain Technology, revealed in a recent interview with Bloomberg Businessweek/Chinese Edition that as of early June, we mainly conducted tests on the Hong Kong dollar stablecoin, and will later conduct tests on other fiat currency stablecoins. The second phase will focus on testing the use of stablecoins in three major practical scenarios: cross-border payments, investment transactions, and retail payments.
stable coin concept of A-shares rose in the short term in the afternoon, Cuiwei shares rose by the daily limit, Chutian Long was limit up before, Hailian Jinhui, Sifang Jingchuang, Jingbeifang, Guangdian Yuntong, Gaoweida and others followed the rise.
Bedrock token BR24 24-hour trading volume exceeds 100 million US dollars, TVL ranks second in current Binance Alpha trading volume, second only to AB. Its Binance Alpha trading volume reached 6.11 million US dollars.
on June 18th, Scallop announced a partnership with Backpack Wallet to launch a lending activity. Users can borrow $50 from Scallop through Backpack Wallet to participate in sharing a $10,000 $SCA prize pool (100 winners in total). The event will take place from June 17th to July 1st.