DeFi Development Raises $112.5 Million for SOL Reserves
Foresight News reports that Solana Treasury Company DeFi Development has announced a fundraising of a total of $112.5 million through the issuance of convertible notes (valued at approximately $132.2 million if the initial purchasers exercise all options), with the transaction expected to be completed on July 7, and the funds will be used to purchase its first batch of SOL tokens.
Foresight News reported that on July 2, U.S. President Trump stated that he has reached a trade agreement with Vietnam, with details to be announced later.
Foresight News reports that according to Bitget market data, Bitcoin has surpassed 108,000 USDT, currently priced at 108,027.93 USDT, with a daily increase of 2.21%.
Bloomberg Analyst: The trading volume of the first SOL staking ETF reached about 8 million dollars in the first 20 minutes after listing
Foresight News reported that Bloomberg analyst James Seyffart stated on X platform that the first SOL staking exchange-traded fund REX-Osprey SOL + Staking ETF (SSK) had a strong start, with a trading volume of about 8 million dollars in the first 20 minutes.
Social media platform 'X' experiencing issues in the United States
Foresight News reports, according to network status monitoring site DownDetector: user reports indicate that the social media platform 'X' is experiencing issues in the United States, with over 5,500 reports.
Bloomberg: Cryptocurrency has increased Trump's wealth by at least $620 million
Foresight News reported that, according to Bloomberg, cryptocurrency businesses have increased Trump's wealth by at least $620 million within a few months, as the Billionaires Index first assessed the income his family earned from projects such as World Liberty Financial ($460 million) and Trump Meme Coin ($150 million), accounting for 9% of Trump's asset portfolio.
Belgium's KBC Bank to Allow Customers to Invest in Cryptocurrencies such as Bitcoin
Foresight News reports that Belgium's KBC Bank will allow customers to invest in cryptocurrencies such as Bitcoin, a move launched by its subsidiary Bolero, which is expected to be available after regulatory approval this fall.
Aptos Partners with Yellow Card to Provide Instant Stablecoin Transfers in Africa
Foresight News reports that Aptos Labs and Yellow Card have launched free instant stablecoin transfers in 20 African countries/regions, enabling millions of customers to access USDT and other stablecoins supported by Yellow Card. During the campaign, all transfers on the Aptos network will be sponsored for gas fee settlement.
IoTeX Launches 'Physical AI' Platform, Expanding AI Strategic Landscape
Foresight News reports that IoTeX has launched an AI strategic upgrade, introducing an open-source 'Physical AI' ecosystem aimed at transforming hundreds of millions of connected devices worldwide into a real-time data engine for AI, powered by decentralized infrastructure nodes.
The core highlight of this upgrade is the 'self-evolving knowledge body' Realms, built on blockchain-based trusted data, continuously integrating real-time data from real-world devices, sensors, and humans to generate actionable real-time intelligence for critical areas such as mobility, energy, health, and robotics.
Addentax Group Signs $1.3 Billion Deal to Acquire 12,000 Bitcoins with Independent Holders
Foresight News reports that China's textile industry listed company Addentax Group (NASDAQ: ATXG) has announced a deal with independent holders to acquire up to 12,000 Bitcoins. Based on current market prices, the total market value of the proposed acquisition is approximately $1.3 billion. If completed, the transaction will be settled through the issuance of newly issued company common stock.
Financial Times: Silicon Valley Billionaires Plan to Establish Bank to Support Cryptocurrency Enterprises
Foresight News reports, citing the Financial Times, that a group of billionaires from Silicon Valley in the United States has applied for a charter bank license in the U.S. to establish a national bank focused on supporting startups engaged in businesses such as cryptocurrency. After the collapse of Silicon Valley Bank in March 2023, some startups involved in high-risk businesses like cryptocurrency trading faced difficulties in securing funding in the U.S. The report cites insiders saying that the new bank is named 'Erebor' after the treasure site in 'The Lord of the Rings', and its main investors are Silicon Valley 'big donors' from the current Republican administration in the U.S., such as Peter Thiel.
Vitalik: 'Spatial expansion' no longer seems like an obviously good strategy
Foresight News reported that Vitalik stated in his EthCC speech, 'We are at a turning point where 'spatial expansion' no longer seems like an obviously good strategy. Today, we need to shift from 'utilizing blockchain/ZK/FHE' to 'building in a way that achieves specific properties.' Generally speaking, the most important thing is not to become smarter on dumb problems.
Canadian listed company Belgravia Hartford increases its holdings by approximately 9.35 BTC
Foresight News reports that the Canadian listed company Belgravia Hartford has completed its fourth Bitcoin purchase as part of its long-term Bitcoin treasury reserve strategy. Belgravia Hartford increased its holdings by 9.35295508 Bitcoins for a total consideration of 1 million USD, bringing its total Bitcoin holdings to 15.75 BTC.
SEC Chairman Paul Atkins: The rise of stock tokenization will make the private market more accessible to the public
Foresight News reports that Paul Atkins, chairman of the U.S. Securities and Exchange Commission (SEC), discussed the rise of stock tokenization and its impact on the private market during his appearance on the "Squawk Box" program. Atkins stated that stock tokenization technology will make the private market more accessible to the public.
According to Foresight News and reported by The Block, Thesis, which focuses on venture capital in the Bitcoin ecosystem, has acquired the Bitcoin rewards platform Lolli to integrate it into its broader ecosystem, with specific transaction terms and amounts yet to be disclosed.
Thesis previously incubated the Bitcoin rewards platform Fold, which later officially spun off as an independent company. Fold subsequently reached a merger agreement with FTAC Emerald Acquisition Corp. for a special purpose acquisition company (SPAC) in July 2024 and went public on NASDAQ in February under the stock code FLD.
Foresight News reports that the U.S. listed company Eyenovia, which established the HYPE strategic treasury, has announced its name change to Hyperion DeFi and will begin trading on the Nasdaq Capital Market under the new stock code 'HYPD' on July 3, 2025.
ZachXBT: North Korean developers have received $165 million in payments from the crypto sector this year
Foresight News reported that crypto detective ZachXBT stated that North Korean developers have received $165 million in payments from the crypto sector this year, with monthly payments ranging from $3,000 to $8,000, indicating they have participated in 345 basic job positions or 920 advanced job positions. These members refuse to meet with local colleagues and often recommend project roles to each other and change GitHub usernames, among other things. In terms of token circulation analysis, exchanges such as Coinbase, Robinhood, and MEXC are involved.
Jingji Financial International Invests 12 Million US Dollars to Subscribe for Amber International Shares
Foresight News reports that according to Zhitung Finance, Hong Kong-listed company Jingji Financial International (01468) announced that on June 30, 2025 (after trading hours), the company entered into a subscription agreement with the issuer Amber International Holding Limited, under which the issuer agrees to issue and the company agrees to subscribe for subscription shares at a cost of approximately 12 million US dollars. The subscription price for the subscription shares is 2.09 US dollars per share. The subscription shares consist of 5.7416 million A-class ordinary shares issued by the issuer, each with a par value of 0.001 US dollars.
Owlto releases magical-themed promotional video and updates slogan
According to Foresight News, the cross-chain bridge protocol Owlto Finance officially released a magical-themed promotional video (Owltors 'Web3 Hogwarts'). The film uses the owl messenger as a clue to construct a Web3 fantasy world that integrates multi-chain ecosystems (Ethereum, Solana, BSC, Base, etc.).
The chosen 'Hogwarts freshman' will receive a letter from an owl, heading to the Web3 magical world. Here, every Web3 wizard can cross-chain through Owlto and reap the Alpha on the chain.
The newly released slogan in the film: 'All Roads Lead to Rome, Owl Roads Lead to Alpha.' It has been revealed that there will be a 'magical event' related to USD1 released in the future.
Foresight News reports that the Swedish health longevity company H100 Group has increased its holdings by 47.33 BTC, bringing its total holdings to 247.54 BTC.