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On June 14, according to data from Farside, U.S. spot Ethereum ETFs recorded a total net inflow of $528.2 million this week.
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📊 Daily Protocol Revenue – June 21 1️⃣ @Tether_to – $19.95M 2️⃣ @PancakeSwap – $13.77M 3️⃣ @MeteoraAG – $7.17M 4️⃣ @circle – $6.39M 5️⃣ @JupiterExchange – $4.31M #Tether #Meteora #PancakeSwap #Jupiter #Circle #DeFiRevenue #CryptoProtocols #Web3Earnings
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🤖 Musk proposes using Grok 3.5 (or "Grok 4") to rewrite human knowledge corpus, removing errors and adding missing information before retraining AI models. Former Binance CEO CZ responds that knowledge involves "history and opinions" with multiple debated versions, explaining why different countries/cultures build independent AI models rather than relying on single sources. #Aİ #Grok #Musk #CZ
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Evening News Update #Web3 🇭🇰 Hong Kong Financial Secretary Paul Chan: 976 registered funds with $44B net inflow (+285% YoY) as of March. Family offices expected to grow from 2,700 to 3,000, positioning Hong Kong as world's top cross-border asset management center within 2-3 years. Ten virtual asset platform licenses issued, eight pending. 💼 #Negentropy Capital founder Billywen.sol (@billywen_ ) announces fund dissolution and liquidation. Plans to restart as solo VC investor, citing mission to drive crypto's transformation of "traditional banks, payments, stocks and securities, even legal tender" amid liquidity drought. 🏦 UK's Baillie Gifford (£197B AUM) launches fully tokenized #UCITS fund on #Ethereum. Strategic Bond Feeder Fund serves as tokenization pilot with self-custodial wallet storage, initially available to whitelisted customers only. 📉 $BTC drops from $106K to sub-$103K amid macro pressure before slight rebound. Santiment notes retail sentiment at most pessimistic since April tariffs, potentially signaling reversal as whales accumulate during retail selling periods. 💱 Hong Kong legislator Lo Wai-kwok calls #stablecoin development a "breakthrough." Proposes expanding RMB funding pool 5x to ¥5 trillion
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🚨 #Singapore Police arrest 23-year-old Chen Jiahao at Woodlands Checkpoint before fleeing country. Suspected of crypto investment scam targeting woman who lost $1.3M+ since May. Charged under Computer Misuse Act, faces up to $5K fine & 2 years prison.
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🔥 #CoinRank Weekly Crypto Report | (June 16–June 21) 🚨 Crypto platform #Infini discontinues all card products (Global, Lite, Tech) effective immediately due to rising compliance costs. Automatic refunds within 10 days. 💰 Bitcoin Layer 2 #Plasma raises $1B through $XRP token sales, targeting late summer 2025 launch with zero-fee stablecoin transfers. Backed by Tether CEO & Peter Thiel. 🔥 #Trump calls Fed Chair Powell "Mr. Too Late" on Truth Social, pressuring for rate cuts during second term campaign. 🚀 $LABUBU meme coin surges 54% to $55M market cap, riding Pop Mart character's Asian popularity promoted by #BLACKPINK's Lisa. 📊 #Fed holds rates steady at 4.25-4.50% for fourth consecutive meeting. September cut probability rises to 71%. 🏦 JD.com plans stablecoin launch by Q4 2025 pending Hong Kong HKMA approval, targeting HKD/USD-pegged public-chain token.
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