NonFungibleDegen

On June 25, according to monitoring from data platform BlockBeats, the Ethereum Foundation transferred 1,000 ETH (approximately 2.4 million USD) to the associated Address 0xc061…0B6d. This Address currently holds 7,000 ETH (approximately 17 million USD).

Despite Israel's resumption of airstrikes, the market did not show risk aversion, with the Nasdaq and S&P 500 indices reaching all-time highs. Bitcoin has attracted institutional attention, with nearly 240 companies holding 3.45 million BTC, demonstrating its potential as a hedging tool.

On June 25, the listed company Done.AI launched an assessment of the integration of Blockchain infrastructure as a strategic supplement to its AI-native financial platform. As part of this plan, the company will allocate 20 million Norwegian Krone (approximately 2 million USD) to purchase Bitcoin, with the transaction expected to be executed shortly. The company will also explore the feasibility and integration of stablecoins, equity tokenization, and digital securities infrastructure.

According to reports, EU financial brokerage analysts said in a report that after the ceasefire was announced in the conflict between Israel and Iran, stock investors preferred technology and artificial intelligence-related stocks over defense stocks. Apple, Amazon, Alphabet, Microsoft, Meta, Nvidia, and Tesla, the 7 leading tech stocks, or "Magnificent 7," will continue to rise.
The analyst stated: "As the market once again focuses on artificial intelligence trading, these 7 companies are very likely to lead the U.S. stock market higher."

According to reports, since June, the daily average volume of the US Dollar stablecoin has exceeded 100 billion US dollars, significantly surpassing the volume of BTC and Ethereum, as estimated by the quarterly reports of the two major stablecoin issuance companies, out of a total of 250 billion US dollars in US Dollar stablecoin, US Treasury bonds account for at least 80% of the reserve assets, which is equivalent to an additional demand of 200 billion US dollars for US Treasury bonds.

PANews reported that according to Korean media Newsis, KB Kookmin Bank, a major commercial bank in South Korea, has initiated the process of acquiring trademark rights related to Stable Coin. This is the first time that a traditional bank in South Korea has taken such action. Previously, KakaoBank, a Digital Bank under the communication giant Kakao, took similar actions. KakaoBank had previously applied for trademarks such as BKRW, KRWB, KKBKRW, and KRWKKB. The trademarks that KB Kookmin Bank plans to apply for include combinations of "KB" and the Korean won symbol "KRW", such as KBKRW, KRWKB, KBST, and KRWST.
Earlier today, it was reported that eight major banks in South Korea are preparing to establish a joint venture to issue KRW Stable Coin.

【Block Rhythm】On June 25th, according to platform data monitoring, a certain encryption project previously spent 1 million US dollars to purchase 5.98 million SEI. With the rise of SEI, the current value of these assets is 1.8 million US dollars, resulting in unrealized gains of 800,000 US dollars.

According to analysts, the BTC inflow/outflow ratio (30-day simple Moving Average) remains at a high level, comparable to the level at the start of the Bull Market at the end of 2023, indicating strong demand for BTC in the market.

Delin Holdings has reached a non-legally binding cooperation protocol with Via BTC, planning to conduct CryptocurrencyOTC trading, asset management services, and other potential business cooperation through joint ventures, including BTC reserves and virtual asset platform.

【Chain News】On June 25th, according to an official announcement, the European listed company The Blockchain Group announced that as part of its ATM-style capital increase plan with TOBAM, the company raised a total of approximately 4.1 million euros at an average price of about 5.085 euros per share to advance its Bitcoin reserve company strategy.

【coin sector】【The Robinhood shares held by SBF, which was previously seized by the US Department of Justice, have now appreciated by more than 7 times, rising to $4.6 billion】According to analysis, Sam Bankman-Fried, the founder of FTX, bought 56.27 million shares of Robinhood at an average price of $11.52 in 2022, with a total value of approximately $648 million at the time, accounting for about 7.6% of the company's shares. As of now, Robinhood's stock price has risen to $82.18. If SBF still holds these shares, the value will reach $4.6 billion. However, after the collapse of FTX, the US Department of Justice seized these shares, and then Robinhood repurchased them for $606 million.

On June 25, it was reported that the UK listed company TAO Alpha PLC announced plans to launch a second round of convertible loans, aiming to raise at least 1 billion pounds.
It is reported that TAO Alpha has established a subsidiary, Tao Alpha PTE. LTD, in Singapore to hold its reserve assets. According to the new policy, the company can hold up to two-thirds of its cash in the form of Bitcoin and stablecoins. The latest funding terms are expected to be finalized in mid-July.

【Chain News】On June 25th, PANews reported that Sahara AI announced the economic model of its native Token SAHARA, with 64.25% of the total supply allocated to the community and ecosystem, including 33.93% for ecosystem construction, 20.75% for community incentives, 8.15% for Airdrop, and 1.42% distributed through the community. The remaining allocations include: 15% for core contributors, 19.75% allocated to early supporters, and another 1% for Liquidity and market stability.
In addition, Sahara AI announced that it will provide 'KnowledgeAirdrop' to early contributors, 5% of the total SAHARAToken supply, and exclusive cash rewards have been reserved for the entire Sahara.

On June 25th, according to the news from the Coin world, a certain ZK scaling solution company unveiled a new Zero-Knowledge Proof device, 'Airbender,' at the Permissionless conference. The proof device is built on the RISC-V architecture and can complete ETH Block verification in 35 seconds in a single GPU environment, significantly faster than similar products. The CEO of the company stated that this breakthrough will reduce the Transaction Cost to less than 1 cent, suitable for high-frequency trading, small-value payments, and Decentralization social scenarios. Currently, Airbender is still in the early stages of release, but the company has already deployed an application for testing. If everything progresses as planned, and the governance process of this scaling solution is approved, Airbender will be included in the protocol upgrade at the end of this summer.

Aave core member Marc Zeller stated yesterday that when a second Token is derived from an ecosystem, the total Market Cap of the two will eventually be lower than the original Token's Market Cap. For example, when Polygon launched Katana Network after POL, it also issued a new coin KAT. It is expected that the sum of the Market Caps of the two will be lower than the initial Market Cap of POL. This post sparked dissatisfaction from Polygon Labs CEO Marc Boiron. After a heated discussion, the two decided to bet $50,000 on whether the total Market Cap of POL and KAT will be lower than POL's Market Cap when Katana was announced, six months later (on Christmas Eve).

【Block Dynamics】On June 25th, staff from the encryption asset special working group met with the New York Securities Exchange to discuss response measures to regulatory issues related to encryption assets. The New York Securities Exchange provided attached documents for discussion during the meeting. Agenda for the meeting with the encryption asset special working group (today):
Attendees:
Jaime Klima, the chief legal counsel of the New York Stock exchange
Jon Herrick, Chief Product Officer of the New York Securities Exchange
Patrick Troy, Deputy General Counsel of the New York securities exchange
Tony Frouge, Chief Regulatory Officer of the New York Stock Exchange
Topic:
1. Promote a fair competitive environment
Emphasize ensuring equal footing among market participants and avoiding inconsistent regulatory frameworks for similar assets and entities.
2. Listing and Trading
Exploring the relevance of tokenized stock trading

On June 25, the New York Stock exchange submitted a Truth Social BTC and ETH Block ETF 19b-4 document to the US SEC.

【Golden Finance】The offshore Renminbi coin (CNH) against the US dollar reported 7.1656, up 95 points from the New York closing price on Monday, trading in the range of 7.1797-7.1616 yuan throughout the day.

The Israeli military: From 8 pm local time tonight, all areas of the country will resume normal activity, without any 【coin界】【】.