The Daily Modern Market Snapshot: Fri 20 June

Majors: BTC 106k; ETH 2.5k; SOL 147

Headlines

- Data breach affects 16 billion passwords: Tether CEO teases open source password manager incoming

- Trump family reduces stake in World Liberty Financial

- X to offer investment and trading in super app push

Notable PA

- Bitcoin Cash up 7%; up 18% on the week

- SEI up 10% to $2B FDV

- QUAI Network + 28% to $250M FDV

Notable Sales

- Dmitri Cherniak, Ringers - 19.95 ETH

- CryptoPunk, Eye Mask - 46.75 ETH

- CryptoPunk V1, Hoodie - 7.15 ETH

Web 3 Round Up

- Lion Group Holding listed on Nasdaq announces $600M facility to suppport HYPE treasury strategy

- Visa announces expansion of stablecoin business to cover central and eastern europe, middle east and africa

- Kinetiq announces institutional liquid staking for HYPE

- Tether backed stablecoin chain Plasma target end of summer for mainnet launch

More News

- Jupiter announce pause of DAO operations to help with accelerating their next chapter

- Prominent crypto researcher Foobar shares criticism of new casino Luckio's claims of proovable fairness

- Abstract account hacked as fake ABS token promoted

- REKT drinks sells out its first batch of crates at IRL event in LA

Social Crypto

- Boundless announces KAITO leaderboard

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