Compiled by: Nona
Regulation/Macro
The US Senate voted to remove the artificial intelligence regulatory ban from Trump's tax reform bill.
The US Senate voted to remove the artificial intelligence regulatory ban from Trump's tax reform bill.
Circle applied to the US Office of the Comptroller of the Currency to establish a national trust bank.
Stablecoin issuer Circle (CRCL.K) is applying to establish a national trust bank in the United States. If approved by the Office of the Comptroller of the Currency (OCC), Circle will be able to act as a custodian for its own reserves and hold crypto assets on behalf of institutional clients. However, unlike traditional banks, this license does not allow Circle to accept cash deposits or issue loans. Currently, Anchorage Digital is the only digital asset company with a national trust bank license. Experts and analysts say that once the bill is signed into law, it may pave the way for more traditional financial institutions and retailers to incorporate stablecoins into their businesses.
US Department of Justice: North Korean hackers stole cryptocurrency and sensitive data by impersonating American citizens.
The US Department of Justice revealed details on combating North Korean cybercrime, stating that actions have been taken against North Korea's criminal schemes, including filing two indictments, arresting one suspect, and seizing 29 financial accounts used for money laundering. John A. Eisenberg, Assistant Attorney General for National Security at the DOJ, stated: "These schemes targeted American companies to steal their funds, aimed at evading sanctions and funding the North Korean regime's illegal plans, including its weapons program." Specifically, an indictment claims that between 2021 and October 2024, the defendants utilized the identities of over 80 Americans to fraudulently obtain remote positions from over 100 American companies, including several Fortune 500 firms. The scheme resulted in losses of at least $3 million, including legal fees, cybersecurity remediation costs, and other expenses.
Project/Company Updates
PancakeSwap v3 liquidity pool is now live on Solana.
DEX PancakeSwap on BNB Chain tweeted that its v3 liquidity pool is now live on Solana, allowing users to swap Solana-based tokens for as low as 0.01% fee.
Australian cryptocurrency exchange Swyftx will acquire digital asset brokerage Caleb & Brown for 100 million AUD.
Australian cryptocurrency exchange Swyftx will acquire digital asset brokerage Caleb & Brown for 100 million AUD (approximately $65.8 million). The two companies stated that this is the largest cryptocurrency acquisition case to date in Australia and New Zealand. The deal was officially disclosed to employees last week and is expected to significantly expand Swyftx's business scope in the US, as Caleb & Brown has established a high-net-worth cryptocurrency investor client base in the US.
RWA tokenization platform Centrifuge has launched the first tokenized S&P 500 index fund.
RWA tokenization platform Centrifuge has partnered with S&P Dow Jones Indices to launch the first tokenized S&P 500 index fund, enabling programmable on-chain index tracking products. According to the announcement, this collaboration introduces index-proof infrastructure for tokenized index products, built on Centrifuge's blockchain-native platform, using official S&P Dow Jones index data and offering programmable index tracking funds through smart contracts.
Guoxiong Capital: Investing 200 million yuan to layout Web3 and cryptocurrency assets.
Guoxiong Capital Ltd. announced today that it will fully enter the Web3 and cryptocurrency asset sectors. Chairman Yao Shangkun stated that they see the long-term strategic value of Bitcoin and cryptocurrency assets, believing that this field aligns with global financial development trends and contains significant growth potential. The company has been approved for a special budget of 200 million yuan for the development of related businesses and cryptocurrency investments over the next three years.
Hong Kong-listed company Pioneer Pharma Biotech intends to acquire Conflux assets.
Pioneer Pharma Biotech (00399.HK) announced that on June 30, 2025, the company (as buyer) has signed a memorandum of understanding with the seller and Conflux regarding the potential acquisition of all equity of the target company, contingent upon the target company completing the acquisition of Conflux assets in accordance with the agreement with the company.
American Bitcoin raised $220 million to develop Bitcoin mining operations.
The cryptocurrency company American Bitcoin, backed by Eric Trump, has raised $220 million to purchase Bitcoin and digital asset mining equipment. The company issued new shares to private investors last Friday, with approximately $10 million of equity sold in Bitcoin rather than USD. American Bitcoin's major shareholder, Hut 8 Corp, plans to take it public through a merger with Gryphon Digital Mining Inc. Hut 8 had previously transferred its mining equipment to American Bitcoin in exchange for an 80% stake.
Important Data
The Ethereum Foundation has transferred 13,000 Ethereum to a multisig address starting with 0xc06 over the past month.
The Ethereum Foundation has transferred 13,000 Ethereum to a multisig address starting with 0xc06 over the past month, valued at approximately $32 million.
Yesterday, the total net inflow of US Ethereum spot ETF was approximately $31.76 million.
Yesterday (June 30, Eastern Time), the total net inflow of US Ethereum spot ETF was approximately $31.76 million. BlackRock ETF ETHA had a single-day net inflow of about $6.07 million; Fidelity ETF FETH had a single-day net inflow of about $25.7 million; 21 Shares ETF CETH, VanEck ETF ETHV, Franklin ETF EZET, Invesco ETF QETH, Grayscale ETF ETHE, Grayscale Micro ETF ETH, and Bitwise ETF ETHW had no net inflow or outflow of funds.
Yesterday, the total net inflow of US Bitcoin spot ETF was approximately $100 million, marking a continuous net inflow for 15 trading days.
Yesterday (June 30, Eastern Time), the total net inflow of US Bitcoin spot ETF was approximately $100 million, marking a continuous net inflow for 15 trading days. BlackRock ETF IBIT had a single-day net inflow of about $112 million; Ark & 21 Shares ETF ARKB had a single-day net outflow of about $10.18 million; Fidelity ETF FBTC, Bitwise ETF BITB, Franklin ETF EZBC, Grayscale Micro ETF BTC, Invesco Galaxy ETF BTCO, VanEck ETF HODL, Valkyrie ETF BRRR, Grayscale ETF GBTC, WisdomTree ETF BTCW, and Hashdex ETF DEFI had no net inflow or outflow of funds.
Singapore-listed Lion Group Holding has increased its holdings of HYPE, SOL, and SUI worth $5 million.
Singapore-listed Lion Group Holding Ltd. (Nasdaq: LGHL) has increased its holdings of HYPE, SOL, and SUI worth $5 million. As of June 30, the company holds 79,775 HYPE, 6,629 SOL, and 356,129 SUI.
Ark Invest sold approximately $43.8 million worth of Coinbase stock yesterday.
Cathie Wood's ARK Invest sold a total of 124,892 shares of Coinbase stock COIN yesterday, valued at approximately $43.8 million.
Movement withdrew 45 million MOVE from Binance in the past 8 hours
Movement withdrew 45 million MOVE from Binance in the past 8 hours, valued at about $7.85 million at current prices. The address now holds a total of 168 million MOVE, worth approximately $28.07 million.
