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Upbit will list
BTC
and USDT trading pairs for FLOCK and FORT. FLock
io
(FLOCK) is a decentralized AI collaboration platform; Forta (FORT) is a decentralized security infrastructure network.
https://upbit.com/service_center/notice?id=5182
#BTC
#USDT
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Metaplanet has announced the launch of a ¥770.9 billion (~$5.4 billion) Bitcoin-focused equity raise, aiming to issue 555 million shares via moving strike warrants. This makes it the first company in Japan to issue such warrants at a premium to market price. Metaplanet targets holding 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027, representing 1% of Bitcoin’s total eventual supply.
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Mirror Tang, founder of security company Salus, said that since March this year, Chinese polices have cracked down on three cases of cryptocurrency money laundering using HyperLiquid. The strategy is highly similar to James Wynn's operation path. They used Hyperliquid's high-leverage liquidation mechanism to launder illegal gains, create liquidation losses on HyperLiquid, and at the same time reverse positions on centralized trading platforms to make profits and fund laundering.
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Binance has announced that Skate (SKATE) will be listed on the Binance Alpha platform for trading starting June 9, 2025, at 10:00 UTC. In addition, Binance Futures will launch the SKATEUSDT perpetual contract at 10:30 UTC on the same day, offering up to 50x leverage. Skate is a multi-virtual machine infrastructure project.
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Yuga Labs CEO Greg Solano proposes dissolving ApeCoin DAO and launching ApeCo, a new entity. All remaining Ape Foundation and ApeCoin DAO assets will transfer to ApeCo, except for fully funding ApeCoin staking contracts, legal obligations, and other fees. https://forum.apecoin.com/t/sunsetting-the-dao-and-launching-apeco-a-new-operating-model-for-apecoin/28242
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According to Coinglass data, the crypto market saw a sharp decline following the public fallout between Elon Musk and Donald Trump. Over the past 24 hours, BTC dropped more than 3%, and ETH fell over 7%. A total of 227,300 traders were liquidated, with total liquidations reaching $983 million — of which long positions accounted for $892 million.
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