📊 Crypto & Venture Insights
Binance’s June 2025 Crypto Funding Report: Q2 venture funding in crypto dropped by 22% to about $4.5 billion, but rebounded strongly in June with $2.5 billion. Despite the dip, year-to-date funding ($9.6 billion). Key themes: BTCFi, DeFAI, and enhanced privacy technology in Web3. 🪙 New Token Launch & Listings
Impossible Cloud Network ($ICNT) Launch: ICNT went live today on Binance Alpha at 10:00 UTC, with ICNT–USDT Perpetual Futures launching at 13:00 UTC (up to 50× leverage). Eligible users can redeem Alpha Points for airdrop tokens between July 3–4.
Echo Protocol (ECHO) listing details for Binance Alpha confirmed as of July 2. MemeCore (M) Airdrop: Binance Alpha is conducting a two-phase airdrop of 1,000 M tokens. The first 18 hours requires 214 Alpha Points; the second phase (6 hours) requires 140 points. Claiming costs 15 points.
❌ Token Delistings & Policy Updates
Delistings on July 4: Binance will remove five tokens—Stella (ALPHA), Biswap (BSW), Komodo (KMD), LeverFi (LEVER), and LTO Network (LTO)—as part of its routine quality control process.
Collateral Rate Adjustments: Effective July 4, collateral rates for 11 crypto assets (e.g. OP, CRV, CAKE, SUSHI, RUNE) will be updated to manage leverage and liquidity risk on the platform.
🌍 Global Expansion & Regulation
Binance Pay in the French Riviera: Binance Pay is now accepted at 80+ venues across Cannes and the French Riviera, allowing users to pay with stablecoins and crypto.
Singapore Regulatory Update: Despite new MAS licensing rules effective June 30, Binance’s Singapore operations remain largely unchanged, as their local.
🔍 Quick Takeaways
1. ICNT’s multi-platform launch (Alpha + Futures) today offers traders new exposure with high leverage.
2. Venture funding dips but still above last year’s pace, signaling sustained investor appetite.
3. Operational shifts like token delistings and collateral updates reflect proactive risk management.
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